IMA Membership Bylaws and Dues Deductivility Information
Article II - Annual Dues
Section 11 - Members of the Corporation must pay dues according to the dues schedule adopted by the Board of Directors to be members in good standing. Dues are payable in advance on an annual basis. Failure to pay dues results in a member no longer being a member in good standing entitled to the benefits, rights and privileges of membership.
Article VII - Members
Section 2 - Associate members shall consist of individuals, firms, partnerships and corporations who are not eligible to become active members but who are either engaged in manufacturing outside the State of Indiana, or are, on account of business or property, identified with or interested in manufacturing. Those eligible include, but are not limited to, local industrial associations, trade associations and manufacturers committees and divisions of organizations identified with or interested in manufacturing. Associate members are required to apply for membership, must pay the scheduled annual dues set forth by the Corporation’s Board of Directors, and agree to abide by the rules and regulations of the Corporation. The number of associate members is not limited.
Deductibility of Dues
Membership dues paid to the Indiana Manufacturers Association are not deductible as a charitable contribution but may be deductible as an ordinary and necessary business expense. Pursuant to the federal lobbying law, we are required to make annual determinations and advise members the percentage of dues that is not deductible. The deductible portion of dues paid between July 1, 2017 and June 30, 2018 will be 80 percent. The deductible portion of dues paid between July 1, 2016 and June 30, 2017 is 70 percent.