Civic Intelligence

Electronics Representatives Association

990 • Fiscal year 2018 • EIN 36-2197334

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 03, 2019

1325 S Arlington Heights Rd 204Elk Grove Village, IL 60007

(312) 419-1432

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.24x

Higher debt load relative to assets than 98% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

0.67x

Higher debt load relative to revenue than 92% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

29th percentile

-1.6%

Higher net margin than 29% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

87th percentile

$149,578

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 18.8% of source-year revenue.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

84th percentile

23%

Faster asset growth than 84% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

58th percentile

5.6%

Faster revenue growth than 58% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$429,695

Up $80,008 (+23%) from 2017

Net Assets

Down

-$103,289

Down $12,966 (-14%) from 2017

Liabilities

Up

$532,984

Up $92,974 (+21%) from 2017

Revenue

Up

$795,099

Up $42,124 (+5.6%) from 2017

Expenses

Up

$808,065

Up $62,295 (+8.4%) from 2017

Net Income

Down

-$12,966

Down $20,171 (-280%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2017: $349,687Liabilities 2017: $440,010Net Assets 2017: -$90,3232017Assets 2018: $429,695Liabilities 2018: $532,984Net Assets 2018: -$103,2892018Assets 2019: $595,917Liabilities 2019: $532,179Net Assets 2019: $63,7382019Assets 2020: $664,861Liabilities 2020: $471,838Net Assets 2020: $193,0232020Assets 2021: $997,290Liabilities 2021: $617,956Net Assets 2021: $379,3342021Assets 2023: $2,159,977Liabilities 2023: $1,439,862Net Assets 2023: $720,1152023Assets 2024: $2,609,479Liabilities 2024: $1,416,485Net Assets 2024: $1,192,9942024

Highlighted filing

2018

Assets$429,695
Liabilities$532,984
Net Assets-$103,289

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2017: $752,975Expenses 2017: $745,770Net Income 2017: $7,2052017Revenue 2018: $795,099Expenses 2018: $808,065Net Income 2018: -$12,9662018Revenue 2019: $1,004,650Expenses 2019: $837,623Net Income 2019: $167,0272019Revenue 2020: $973,680Expenses 2020: $844,395Net Income 2020: $129,2852020Revenue 2021: $904,721Expenses 2021: $718,410Net Income 2021: $186,3112021Revenue 2023: $1,482,495Expenses 2023: $1,193,648Net Income 2023: $288,8472023Revenue 2024: $1,879,156Expenses 2024: $1,406,277Net Income 2024: $472,8792024

Highlighted filing

2018

Revenue$795,099
Expenses$808,065
Net Income-$12,966
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 3, 2019
Return Version
2018v3.1
Gross Receipts
$795,099
Mission and Program Overview

Mission

The Associations primary purpose is devoted to furthering the knowledge, provide information and provide seminars to and on behalf of its members and other interested public.

The association's primary purpose is devoted to furthering the knowledge, provide information, and give seminars to and on behalf of its members and other interested public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$303,678$384,066▲ $80,388
Prepaid Expenses and Deferred Charges$35,222$35,679▲ $457
Accounts Receivable$6,629$7,535▲ $906
Land, Buildings, and Equipment, Net$4,158$2,415▼ $1,743
Rtn Earn Endowment Incm Other Fnds$-90,323$-103,289▼ $12,966
Total Assets$349,687$429,695▲ $80,008
Liabilities
Deferred Revenue$365,323$466,426▲ $101,103
Accounts Payable and Accrued Expenses$21,894$33,690▲ $11,796
Other Liabilities$52,793$32,868▼ $19,925
Total Liabilities$440,010$532,984▲ $92,974
Net Assets / Fund Balance
Total Net Assets Fund Balance$-90,323$-103,289▼ $12,966
Total Liabilities and Net Assets / Fund Balance$349,687$429,695▲ $80,008

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$22,048-$22,048
Equipment$-19,633$19,633-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Walter E TobinCEO (withouFT$149,578$149,578
William WarfieldCFO-$32,955$32,955

Board Members and Trustees

NameTitle
Dan ParksChairman
David NorrisPresident
Chris BeesonDistributor
Ken BelleroManufacturer
Charles TanzolaSVP - Fiscal
Robert EvansSVP - Indust
Kathleen CahillSVP - Member
John ObrienSVP -educati
Revenue and Support

Revenue Composition

Contributions and Grants
$277,524
Program Service Revenue
$284,068
Investment Income
$0
Other Revenue
$233,507
Change in Net Assets
$-12,966
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$480,222
Salaries, Compensation, and Employee Benefits$327,843
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$246,245--$246,245
Other Salaries and Wages$144,780--$144,780
Current Officers, Directors, Trustees, and Key Employees-$142,099-$142,099
Travel$28,758--$28,758
Fees for Services Management$25,925--$25,925
Payroll Taxes$21,565--$21,565
Other Employee Benefits$19,399--$19,399
Information Technology$13,035--$13,035
Fees for Services Legal$9,043--$9,043
All Other Expenses$7,111--$7,111
Occupancy$5,978--$5,978
Insurance$5,956--$5,956
Other Expenses$4,837--$4,837
Fees for Services Accounting$4,316--$4,316
Office Expenses$3,360--$3,360
Depreciation Depletion$1,743--$1,743
Advertising$422--$422
Total Functional Expenses$665,966$142,099$0$808,065
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$17,707
Spirit of Era Award$15,161
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 1A

The executive committee is given the authority to make decisions in emergency situations, by phone contact when required; they will make most ordinary operting decisions. They will genrally also decide which items should be brought to the decision of the whole board of directors.

Form 990, Page 6, Part VI, Line 6

The organization has members whose businesses are independent sales firms of electronic components and products, or participating distributors and manufacturers in electronics. The firms become members by paying their annual dues. They are members for as long as, and only as long as, they pay dues. There are no shareholders.

Form 990, Page 6, Part VI, Line 7A

Memebers elect the board of directors based in their geographic area, who in turn elect the officers.

Form 990, Page 6, Part VI, Line 10B

Chapters are completely independent. They can request aid from the national office. The only nationl requirement is that their by laws need to be in compliance with the that of the national organization.

Form 990, Page 6, Part VI, Line 11B

Cfo will review before filing.

Form 990, Page 6, Part VI, Line 15A

The exective committee determines the pay of the ceo. While the ceo is a member of the executive committee, he does not have a vote on anything and is excluded from any conference regarding his pay.

Form 990, Page 6, Part VI, Line 15B

All employee pay is decided by the ceo, except for his own pay as elsewhere described.

Form 990, Page 6, Part VI, Line 19

Documents are available to the public upon request at the corporate offices.

Filing and Contact Details

Filer

Filer Name
Electronics Representatives
EIN
36-2197334
Phone
3124191432
Address
1325 S ARLINGTON HEIGHTS RD 204, ELK GROVE VILLAGE, IL 60007

Signing Officer

Name
William Warfield
Title
CFO
Phone
3124191432
Signed
2019-07-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter E Tobin
Formed
1935
Legal Domicile
Il
Voting Board Members
30
Independent Board Members
30
Employees
7

Preparer

Firm
Applebaum Herzog & Associates Pc
Address
614 ACADEMY DR, NORTHBROOK, IL 60062
Preparer
Stanton B Herzog CPA
Phone
8475641040
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Committee chairmen and sub-committee members on committees such as the computer committee, marketing committee, consumer electronics committee,etc. Are all volunteers. There is no remuneration for these posts; the benefits are notoriety in the industry and the satisfaction of helping the association.

Form 990, Page 2, Part III, Line 4D

General administration in support of the association's objectives.

Raw XML Appendix398 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYOtherExpensesAmt0440193
IRS990/PYOtherRevenueAmt0254318
IRS990/PYProgramServiceRevenueAmt0498657
IRS990/PYRevenuesLessExpensesAmt07205
IRS990/PYSalariesCompEmpBnftPaidAmt0305577
IRS990/PYTotalExpensesAmt0745770
IRS990/PYTotalRevenueAmt0752975
IRS990/ReconcilationRevenueExpnssAmt0-12966
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt047306
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0186201
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0186201
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-90323
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-103289
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IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT PARTICIPATE IN FUNDING LOBBYING ACTIVITIES.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART IV
IRS990ScheduleD/EquipmentGrp/BookValueAmt0-19633
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019633
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022048
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022048
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017707
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115161
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SPIRIT OF ERA AWARD
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02415
IRS990ScheduleD/TotalLiabilityAmt032868
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMITTEE CHAIRMEN AND SUB-COMMITTEE MEMBERS ON COMMITTEES SUCH AS THE COMPUTER COMMITTEE, MARKETING COMMITTEE, CONSUMER ELECTRONICS COMMITTEE,ETC. ARE ALL VOLUNTEERS. THERE IS NO REMUNERATION FOR THESE POSTS; THE BENEFITS ARE NOTORIETY IN THE INDUSTRY AND THE SATISFACTION OF HELPING THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GENERAL ADMINISTRATION IN SUPPORT OF THE ASSOCIATION'S OBJECTIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE IS GIVEN THE AUTHORITY TO MAKE DECISIONS IN EMERGENCY SITUATIONS, BY PHONE CONTACT WHEN REQUIRED; THEY WILL MAKE MOST ORDINARY OPERTING DECISIONS. THEY WILL GENRALLY ALSO DECIDE WHICH ITEMS SHOULD BE BROUGHT TO THE DECISION OF THE WHOLE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS MEMBERS WHOSE BUSINESSES ARE INDEPENDENT SALES FIRMS OF ELECTRONIC COMPONENTS AND PRODUCTS, OR PARTICIPATING DISTRIBUTORS AND MANUFACTURERS IN ELECTRONICS. THE FIRMS BECOME MEMBERS BY PAYING THEIR ANNUAL DUES. THEY ARE MEMBERS FOR AS LONG AS, AND ONLY AS LONG AS, THEY PAY DUES. THERE ARE NO SHAREHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMEBERS ELECT THE BOARD OF DIRECTORS BASED IN THEIR GEOGRAPHIC AREA, WHO IN TURN ELECT THE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHAPTERS ARE COMPLETELY INDEPENDENT. THEY CAN REQUEST AID FROM THE NATIONAL OFFICE. THE ONLY NATIONL REQUIREMENT IS THAT THEIR BY LAWS NEED TO BE IN COMPLIANCE WITH THE THAT OF THE NATIONAL ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CFO WILL REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE EXECTIVE COMMITTEE DETERMINES THE PAY OF THE CEO. WHILE THE CEO IS A MEMBER OF THE EXECUTIVE COMMITTEE, HE DOES NOT HAVE A VOTE ON ANYTHING AND IS EXCLUDED FROM ANY CONFERENCE REGARDING HIS PAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ALL EMPLOYEE PAY IS DECIDED BY THE CEO, EXCEPT FOR HIS OWN PAY AS ELSEWHERE DESCRIBED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE CORPORATE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt0277524
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0142099
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0665966
IRS990/TotalFunctionalExpensesGrp/TotalAmt0808065
IRS990/TotalGrossUBIAmt034898
IRS990/TotalLiabilitiesBOYAmt0440010
IRS990/TotalLiabilitiesEOYAmt0532984
IRS990/TotalLiabilitiesGrp/BOYAmt0440010
IRS990/TotalLiabilitiesGrp/EOYAmt0532984
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-90323
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-103289
IRS990/TotalOtherProgSrvcExpenseAmt0146215
IRS990/TotalOtherProgSrvcRevenueAmt016286
IRS990/TotalProgramServiceExpensesAmt0808065
IRS990/TotalProgramServiceRevenueAmt0284068
IRS990/TotalReportableCompFromOrgAmt0182533
IRS990/TotalRevenueGrp/ExclusionAmt0473242
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09435
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0795099
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt034898
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0349687
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0429695
IRS990/TravelGrp/ProgramServicesAmt028758
IRS990/TravelGrp/TotalAmt028758
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01325 S ARLINGTON HEIGHTS RD
IRS990/USAddress/CityNm0ELK GROVE VILLAGE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060007
IRS990/VotingMembersGoverningBodyCnt030
IRS990/VotingMembersIndependentCnt030
IRS990/WebsiteAddressTxt0WWW.ERA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM WARFIELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum03124191432
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELECTRONICS REPRESENTATIVES
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0ELEC
ReturnHeader/Filer/EIN0362197334
ReturnHeader/Filer/PhoneNum03124191432
ReturnHeader/Filer/USAddress/AddressLine1Txt01325 S ARLINGTON HEIGHTS RD 204
ReturnHeader/Filer/USAddress/CityNm0ELK GROVE VILLAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060007
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07F96481C5B530990C7F638757D70C235DB316E18
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId011D08EB2F5BE2EC3AE7D51D9233745753A7734C1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-07-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:17:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364452534
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0APPLEBAUM HERZOG & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0614 ACADEMY DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTHBROOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060062
ReturnHeader/PreparerPersonGrp/PhoneNum08475641040
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STANTON B HERZOG CPA
ReturnHeader/ReturnTs02019-07-03T14:17:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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