Illinois Manufacturing Excellence Center

“Marcia Ayala, Aurora Specialty Textiles Group, 2705 N Bridge Street, Yorkville, IL 60560; Robert Barnett, 1445 S. Ridge Road, Lake Forest, IL 60045; Ken Carlton, Corrugated Metals, Inc., 6550 Revlon Drive, Belvidere, IL 61008; David Carroll, CU Aerospace, 3001 Newmark Dr, Champaign, IL 61822; Pedro DeJesus, Tampico Beverages, 3106 N Campbell Ave, Chicago, IL 60618; David Fox, Advocate Good Samaritan Hospital, 3815 Highland Avenue, Downers Grove, IL 60515; Mauro Frangipani, Freudenberg Household Products, 2188 Diehl Rd, Aurora, IL 60502; Robert Herrmann, Rheo Engineering, 8800 N Allen Rd, Peoria, IL 61615; Mike Loquercio, Digital Manufacturing & Supply Chain, Reyes Coca-Cola Bottling, 7400 N Oak Park Ave, Niles, IL 60714; Ashley Moy, Cast21, 965 W Chicago Ave, Chicago, IL 60642; Jim Nelson, Parr Instrument Co, 211 53rd St, Moline, IL 61265; Scott Rempala, Mighty Hook, Inc., 1017 N. Cicero Avenue, Chicago, IL 60651; Michelle Drew Rodriguez, Roland Berger, 300 N LaSalle St, Suite 2000, Chicago, IL 60654; Caitlin Simhauser, Ronk Electrical Industries, Inc, 106 E State St, Nokomis, IL 62075; Margy Sweeney, Akrete, 1880 Oak Avenue, Suite #301, Evanston, IL 60201; Jeff Taylor, Crafts Technology, 91 Joey Drive, Elk Grove Village, IL 60007; Craig Van den Avont, GAM Enterprises, Inc., 901 E. Business Center Drive, Mt. Prospect, IL 60056; Karen Watson, International Filter Mfg Corp, 713 Columbian Blvd S, Litchfield, IL 62056; Tom Welge, Gilster-Mary Lee Corporation, 1037 State St., Chester, IL 62233”

“This form is prepared by IMEC's fiscal agent in collaboration with the IMEC president and vice-president for finance. A draft is reviewed by the IMEC president and vice-president for finance. When the final draft is completed, it is distributed to board members for their review prior to submission.”

“IMEC's Conflict of Interest Policy is published in IMEC's Knowledge Database. Employees are required to annually acknowledge their receipt of the policy as well as their understanding of and agreement to comply with the policy. When IMEC becomes aware of a potential conflict of interest, the organization follows the process as described in its policy. The conflict of interest policy in the board by-laws (section 2.8) provides additional guidance for the board . Specifically, the by-laws address topics including that directors and their companies may not receive special consideration for IMEC services, that conflicts should be disclosed and made a matter of record, and directors should not vote on any matter of conflict.”

“Compensation for IMEC's president is established by IMEC's board of directors' executive committee and approved by the full board. On an annual basis, the board reviews data gathered from comparable organizations in setting salary. IMEC's president establishes the salary for the employees of host organizations that are assigned to IMEC, utilizing board input as well as independent salary survey data for comparable job responsibilities.”

“IMEC's governing documents, conflict of interest policy and financial statements are made available to the public upon request.”

“David Boulay, IMEC president, is an employee of IMEC. His reportable compensation as an IMEC employee is included in accordance with the instructions.”

“Bradley University serves as the fiscal agent for IMEC. Per the instructions relating to reporting agents of the filing organization, the number reported on line 1a is the number of forms filed by the university for providers of services to IMEC for calendar year 2023.”

“Bradley University has been granted authority to perform the acts required under Section 3505, Chapters 21, 22, 24 and/or 25 of Subtitle C of the Internal Revenue Code on behalf of IMEC. Bradley University has also been granted authority to perform the acts required under Revenue Procedure 84-33 with regard to backup withholding on behalf of IMEC. With the exception of IMEC's president, IMEC staff's primary compensation is received as employees of host organizations that are IMEC subrecipient/contractors. IMEC's president, David Boulay is paid as an IMEC employee. IMEC utilizes ADP payroll services for his payroll as well as for supplemental compensation for staff contracted to IMEC by its subrecipients/contractors.”

“A significant portion of IMEC's costs are incurred by IMEC's subrecipients that assist the organization in delivering manufacturing-related services to Illinois manufacturers. All of the $6,018,170 in subrecipient expenditures is classified as program services.”