Hardware Group Association

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The organization's primary exempt purpose is to promote the common interests of members of the Hardware industry and to foster a general improvement of business conditions in the Hardware industry as a whole.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 36-3953316) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Run by 34 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $14K a year · 5% of revenue · last 4 filings
A surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$12K
to officers and key staff · 4% of spending
Pay to officers and key staff is 4% of spending.
Part VII, Section A
8.8 mo
of spending, in cash
8.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
29
of 30 voting members
29 of 30 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$340K
+2% vs prior year
Spent
$312K
To programs
0%
Net assets
$228K
By yearFY2020–FY2025
Revenue
$340K
FY2025▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$51K
FY2021$158K
FY2022$240K
FY2023$315K
FY2024$334K
FY2025$340K
Expenses
$312K
FY2025▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$288K
FY2023$291K
FY2024$283K
FY2025$312K
Net assets
$228K
FY2025▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$225K
FY2021$171K
FY2022$123K
FY2023$148K
FY2024$199K
FY2025$228K

From the FY2025 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

30 people listed on the 990; $12K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Managing Dir
$12,000Pt VII · Sec A
Immediate PA
$0Pt VII · Sec A
President
$0Pt VII · Sec A
1st Vice Pre
$0Pt VII · Sec A
2nd Vice Pre
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Steve Draeger$12,000$6,000————
Bill Axline——$4,500$6,000$8,000$4,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Hardware Group Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes hardware industry interests and improves business conditions for its members.

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1 program · in their own filed words · FY2025
01

Meetings of members in the hardware industry are traditionally held in june and september.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 36-3953316) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$340K
Ln 12
Fees for servicesLn 2g$334K
Investment incomeLn 3$6K
Money outPt IX
$312K
Ln 25
Owns and owesPt X
$228K
net assets · Ln 32
Cash and savingsLn 1–2$228K
Total assetsLn 16$228K
LiabilitiesLn 26$0
PeoplePt VI, VII
30
listed · VII A
PaidVII A1
Voting boardVI 1a30
IndependentVI 1b29
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$334K
Investment incomeLn 3$6K
Total revenueLn 12$340K
Assets in detailPt X, end of year
SavingsLn 2$228K
Cash and savings togetherLn 1–2$228K
Total assetsLn 16$228K
LiabilitiesLn 26$0
Net assetsLn 32$228K
OperationsPt I, VI
EmployeesI 50
VolunteersI 634
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$199K$228K
Total assetsLn 16$199K$228K
LiabilitiesLn 26$0$0
Net assetsLn 32$199K$228K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$12K
Accounting feesLn 11c$5K
Other fees for servicesLn 11g$3K
Advertising and promotionLn 12$942
Office expensesLn 13$4K
TravelLn 17$6K
Conferences, conventions and meetingsLn 19$255K
InsuranceLn 23$824
Other expenses (24a–d)Ln 24$25K
Total functional expensesLn 25$312K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Mar 2, 2026 $340K$312K$29K$228K 990 PDF
FY2024Filed with the IRS Apr 28, 2025 $334K$283K$52K$199K 990 PDF
FY2023Filed with the IRS Feb 8, 2024 $315K$291K$25K$148K 990 PDF
FY2022Filed with the IRS Feb 9, 2023 $240K$288K−$48K$123K 990 PDF
FY2021Filed with the IRS Feb 21, 2022 $158K$171K 990 PDF
FY2020Filed with the IRS Feb 8, 2021 $51K$225K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2025 990
Part I · Summary $340,338 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $324,427$334,350
I-10 Investment incomePrior year $2,448$5,988
I-11 Other revenuePrior year $7,500$0
I-12 Total revenuePrior year $334,375$340,338
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $6,000$12,000
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $276,690$299,732
I-18 Total expensesPrior year $282,690$311,732
I-19 Revenue less expensesPrior year $51,685$28,606
Part VI · Governance 29 of 30 board members independent, 4 to look at
VI-1a Voting members of the governing body30
VI-1b Independent voting members29
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $340,338 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $334,350$334,350
VIII-3 Investment incomeExcluded from tax $5,988$5,988
VIII-12 Total revenueRelated to mission $334,350 · Excluded from tax $5,988$340,338
Part IX · Statement of functional expenses $311,732 across 9 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)$12,000
IX-11c Accounting fees$4,871
IX-11g Other fees for services$3,000
IX-12 Advertising and promotion$942
IX-13 Office expenses$3,959
IX-17 Travel$5,577
IX-19 Conferences, conventions and meetings$255,390
IX-23 Insurance$824
IX-24 Other expenses (24a–d)$25,169
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$311,732
Part X · Balance sheet $227,889 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $199,283$227,889
X-16 Total assetsStart of year $199,283$227,889
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $199,283$227,889
X-32 Total net assets or fund balancesStart of year $199,283$227,889
X-33 Total liabilities and net assetsStart of year $199,283$227,889
Part XI · Reconciliation of net assets $227,889 net assets at year end
XI-1 Total revenue$340,338
XI-2 Total expenses$311,732
XI-3 Revenue less expenses$28,606
XI-4 Net assets at start of year$199,283
XI-10 Net assets at end of year$227,889

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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