2024-02-22T15:45:43-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2022-07-01 363133254 INTERNATIONAL HEALTH RACQUET & SPORTSCLUB ASSOCIATION INTE 6179510055 70 FARGO STREET 7TH FLOOR BOSTON MA 02210 LIZ CLARK PRESIDENT 6179510055 2024-02-22 1 LIZ CLARK 999009999 0 DANIELLE NIHILL P01350943 7819821001 2024-02-22 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z IHRSA LIZ CLARK 70 FARGO STREET 7TH FLOOR BOSTON MA 02210 9260040 0 X WWW.IHRSA.ORG X 1981 IL TO GROW, PROTECT, & PROMOTE THE INDUSTRY & PROVIDE MEMBERS WITH BENEFITS TO HELP LEAD TO SUCCESS. 13 13 35 40 893349 20334 542498 91989 12960724 9157231 -7228 10820 0 0 13495994 9260040 250 0 0 0 3374858 2500345 0 0 0 5585385 4622834 8960493 7123179 4535501 2136861 2907434 4346652 6471757 5111856 -3564323 -765204 THE MISSION OF IHRSA IS TO GROW, PROTECT, AND PROMOTE RACQUET SPORTS, FITNESS, AND ATHLETIC CLUBS, INCLUDING MANAGEMENT AND OTHER COMPANIES THAT OPERATE SUCH CLUBS, IN THE UNITED STATES AND THROUGHOUT THE WORLD AND DO ALL ACTS NECESSARY OR INCIDENTAL THERETO. 0 0 PUBLISHED A PRINTED 10 ISSUES OF MAGAZINE AND 2 SPECIAL EDITIONS. PUBLISHED REPORTS, ARTICLES, VIDEOS, AND OTHER RESOURCES DESIGNED TO MOTIVATE AND EDUCATE CLUB OWNERS AND MANAGERS IN RUNNING THEIR BUSINESSES MORE EFFECTIVELY. DEVELOPED EXTENSIVE RESOURCES ADDRESSING COVID-19 RELATED CONCERNS SPECIFIC TO HEALTH AND FITNESS CLUBS. CONDUCTED INDUSTRY AND OTHER RESEARCH IN ORDER TO PROVIDE CLUB OWNERS, OPERATORS, INDUSTRY SUPPLIERS, INVESTORS, AND THE PUBLIC CREDIBLE INFORMATION ON THE WORLDWIDE HEALTH CLUB INDUSTRY AND TO BETTER UNDERSTAND WHY PEOPLE JOIN HEALTH CLUBS AND WHAT MOTIVATES THEM TO STAY PHYSICALLY ACTIVE. ASSISTED MEMBERS WITH INFORMATION NEEDS THROUGH TELEPHONE AND ONLINE RESOURCES. CONDUCTED SEVERAL VIRTUAL EDUCATIONAL EVENTS, WEBINARS, AND MEETINGS, DESIGNED TO MOTIVATE AND EDUCATE CLUB OWNERS, MANAGERS, AND STAFF AND IMPROVE CLUB MANAGEMENT AND OPERATIONS. OVER 10,000 INDIVIDUALS HAVE ATTENDED IHRSA EVENTS, EDUCATION, AND ONE IN-PERSON TRADE SHOW OVER THE PAST YEAR. IHRSA REPRESENTS OVER 100,000 HEALTH CLUBS, GYMS, AND STUDIOS ACROSS THE GLOBE. MORE THAN 15,600 CLUBS ARE INVOLVED IN LEADERSHIP ENGAGEMENT THROUGH IHRSA. IHRSA HAS OVER 6,700 MEMBERS IN 36 COUNTRIES. THE ORGANIZATION PROVIDED LEGAL, LEGISLATIVE, PUBLIC RELATIONS, NETWORKING, AND MARKETING ACTIVITIES DURING THE CURRENT FISCAL YEAR. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 21 0 1 35 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 1 0 1 1 0 MA X THE ORGANIZATION 6179510055 70 FARGO STREET 7TH FLOOR BOSTON MA 02210 CHRIS CRAYTOR CHAIRPERSON 5.00 1.00 X X 0 0 0 FRANK LAWRENCE TREASURER 5.00 0.00 X X 0 0 0 MICHELE MELKERSON-GRANRYD SECRETARY 5.00 0.00 X X 0 0 0 ALAN LEACH CHAIRPERSON THROUGH 3/31 5.00 1.00 X X 0 0 0 LUKE CARLSON BOARD MEMBER 5.00 0.00 X 0 0 0 JJ CREEGAN BOARD MEMBER 5.00 0.00 X 0 0 0 ORI GORFINE BOARD MEMBER 5.00 0.00 X 0 0 0 MONICA MARQUES BOARD MEMBER 5.00 0.00 X 0 0 0 AARON MOORE BOARD MEMBER 5.00 0.00 X 0 0 0 AL NOSHIRVANI BOARD MEMBER 5.00 0.00 X 0 0 0 CHRIS SMITH BOARD MEMBER 5.00 0.00 X 0 0 0 CHRIS STEVENSON BOARD MEMBER 5.00 0.00 X 0 0 0 GRETA WAGNER BOARD MEMBER 5.00 0.00 X 0 0 0 LONI WANG BOARD MEMBER 5.00 0.00 X 0 0 0 LIZ CLARK PRESIDENT & CEO 40.00 5.00 X 400090 0 29308 LYNNE DEVANEY VP OF SPONSORSHIP/ DEVEL. 40.00 5.00 X 156938 0 23641 THERESA DUFFY SR. DIRECTOR, INDUSTRY PTNR OPS 40.00 5.00 X 101338 0 23641 MICHELLE YOUNG VP OF FINANCE 40.00 5.00 X 108324 0 8244 MICHELE EYNON VP OF ADVERTISING 40.00 5.00 X 113877 0 540 LUKE ABLONDI TRADE SHOW MANAGER 40.00 5.00 X 104050 0 8244 984617 0 93618 6 0 1 0 FREEMAN 14221 DALLAS PARKWAY DALLAS TX 75254 DECORATOR 527735 DARTMOUTH PRINTING COMPANY 69 LYME ROAD HANOVER NH 03755 PRINTING 307400 HOLLAND-MARK LLC ONE BEACON STREET BOSTON MA 02108 DESIGNER 260036 ACTIVE PLANET MEDIA 1201 WILSHIRE BLVD LOS ANGELES CA 90025 PUBLISHING 160000 GARNETT J SWEENEY 1121 SOUTH CAROLINA AVENUE WASHINGTON DC 20003 LOBBYING 128000 6 91989 91989 MEETINGS & TRADE SHOWS 900099 5282780 5282780 MEMBERSHIP DUES 900099 2202608 2202608 ADVERTISING 541800 872005 872005 OTHER PROGRAM SERVICES 900099 731574 731574 PUBLICATIONS & PRODUCT 513120 46920 46920 21344 21344 9157231 10820 10820 9260040 8263882 893349 10820 X 429398 1669322 22890 248149 130586 10911 43498 226464 980976 112807 225696 383918 119452 19898 1426021 73345 106579 39954 PRODUCTION FEES 609647 MISCELLANEOUS FEES 216357 TAXES 16255 STAFF INCENTIVES AND GI 10756 300 7123179 1814090 1616671 271354 1270519 310474 73599 129015 96158 859529 600549 365560 258980 16941 1030725 2907434 4346652 1305859 859513 1391614 1345355 1849900 1849900 1924384 1057088 6471757 5111856 X -3777034 -1068728 212711 303524 -3564323 -765204 2907434 4346652 X 2136861 -1959 664217 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 2205270 359954 359954 600936 -240982 DUES FROM MEMBERS THE $2,205,270 IN LINE 1 INCLUDES ALL NON-FOREIGN MEMBER DUES. THIS INCLUDES $1,857,555 OF RENEWAL MEMBERSHIP DUES AND $347,715 OF NEW MEMBER DUES. MEMBERS WERE ALSO NOTIFIED THAT 27.25% (OR $600,936) OF THE TOTAL DUES OF $2,205,270 WAS RELATED TO LOBBYING EXPENDITURES AND THEREFORE NOT DEDUCTIBLE. SCHEDULE C, PART III-B, LINE 2A THE $359,954 CURRENT YEAR LOBBYING EXPENDITURES ON LINE 2A IS COMPOSED OF $244,936 THE PORTION OF THE DUES ATTRIBUTABLE TO LOBBYING, AND $115,018 IN LOBBYING EXPENSES FROM ADDITIONAL DIRECT SUPPORT. 38622 11213 27409 653464 498916 154548 167443 90420 77023 258980 DEPOSITS 8000 RIGHT OF USE ASSET, NET OF AMORTIZATION 1022725 1030725 LEASE LIABILITIES 1057088 1057088 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AS A TAX POSITION. NONE OF THE ENTITIES ARE CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 2 PROGRAM SERVICES CONSULTING 236520 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES TRANSLATION & RESEARCH 6649 0 2 0 0 0 2 243169 0 243169 0 0 0 0 0 1 PART III ACCOUNTING METHOD: X X X X X 0 0 0 LIZ CLARK PRESIDENT & CEO 400090 0 0 0 0 0 0 0 29308 0 429398 0 0 0 LYNNE DEVANEY VP OF SPONSORSHIP/ DEVEL. 93347 0 63591 0 0 0 0 0 23641 0 180579 0 0 0 PART I, LINE 5 SEVERAL OF THE HIGHEST COMPENSATED EMPLOYEES RECEIVED COMMISSIONS IN CALENDAR YEAR 2022. FORM 990, PART VI, SECTION A, LINE 6 IHRSA IS A MEMBERSHIP ORGANIZATION, FOR HEALTH CLUBS, BUSINESSES AND SUPPLIERS SERVING THE HEALTH, RACQUET & SPORTSCLUB INDUSTRY FORM 990, PART VI, SECTION A, LINE 7A BETWEEN TWO AND FOUR NEW BOARD MEMBERS ARE ELECTED ANNUALLY BY THE CURRENT MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS FOR PREPARING THE 990 WAS PLANNED WITH THE CEO, SENIOR MANAGEMENT, ACCOUNTING STAFF AND INDEPENDENT ACCOUNTING FIRM. THE INDEPENDENT ACCOUNTING FIRM PREPARED THE RETURNS USING INFORMATION FROM THE AUDITED FINANCIAL STATEMENTS AND INFORMATION FURNISHED BY MANAGEMENT. INFORMATION REQUESTS FROM THE ACCOUNTING FIRM WERE REVIEWED BY THE CEO IN ADVANCE OF PREPARATION AND THEN SENT TO THE ACCOUNTING FIRM. DRAFTS OF THE RETURNS WERE REVIEWED IN DETAIL BY THE VP OF FINANCE AND OPERATIONS AND ANY QUESTIONS AND CONCERNS WERE DISCUSSED WITH THE ACCOUNTING FIRM. FINAL RETURNS WERE REVIEWED IN DETAIL BY THE CEO PRIOR TO SIGNATURE AND FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IHRSA'S CONFLICT OF INTEREST AND ETHICS POLICY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. DIRECTORS MUST DISCLOSE IN WRITING ALL CONFLICTS OF INTEREST ON AT LEAST AN ANNUAL BASIS AND AS SOON AS PRACTICABLE FOR CONFLICTS ARISING IN THE INTERIM. MATTERS IN WHICH THE DIRECTOR DOES NOT BELIEVE THERE IS A CONFLICT OF INTEREST BUT NEVERTHELESS THERE MAY BE A PERCEPTION OF A CONFLICT, MUST BE DISCLOSED TO THE BOARD OF DIRECTORS TO DETERMINE WHETHER OR NOT AN ACTUAL CONFLICT EXISTS. ANY CHARGE MUST BE INVESTIGATED PROMPTLY AND MAY RESULT IN ANY DISCIPLINARY ACTION DEEMED APPROPRIATE BY THE BOARD. THE ORGANIZATION ENFORCES THIS POLICY BY FOLLOWING UP WITH THE BOARD MEMBERS IF THE ANNUAL STATEMENT IS NOT RETURNED. THE ORGANIZATION'S CONFLICT OF INTEREST & ETHICS POLICY COVERS EACH MEMBER OF THE ORGANIZATION'S BOARD OFFICERS, KEY EMPLOYEES AND OTHER EMPLOYEES ARE EXPECTED TO ADHERE TO THE SAME GENERAL GUIDELINES OF PROFESSIONAL BEHAVIOR AS STATED IN THE BOARD'S CONFLICT OF INTEREST & ETHICS POLICY. DIRECTORS MUST EXCUSE THEMSELVES FROM DISCUSSIONS AND VOTING ON MATTERS IN WHICH THEY HAVE A CONFLICT. IF THE COMMITTEE FINDS THAT A VIOLATION HAS OCCURRED, IT MAY RECOMMEND, AND THE BOARD MAY IMPOSE, ANY DISCIPLINARY ACTION DEEMED APPROPRIATE, INCLUDING WRITTEN REPRIMAND, SUSPENSION FROM THE BOARD, OR REMOVAL FROM THE BOARD. THE BOARD MEMBERS' ANNUAL STATEMENT OF COMPLIANCE IS SENT TO THE CEO. ANY POTENTIAL CONFLICTS ARE DISCUSSED WITH THE CHAIR, THE FINANCE COMMITTEE OR THE BOARD MEMBER WARRANTED. ALSO, ANY IHRSA MEMBER MAY NOTIFY THE CHAIRPERSON OF AN ALLEGED BREACH OF THE POLCIY. IF THE CHAIRPERSON IS THE SUBJECT OF THE CHARGE, THEN NOTIFICATION SHALL GO TO THE SECRETARY. THIS NOTICE MUST BE IN WRITING AND SIGNED BY THE MEMBER(S) BRINGING THE CHARGE. UPON RECEIPT, THE CHAIR PERSON (OR SECRETARY) SHALL APPOINT A COMMITTEE TO REVIEW THE CHARGE. THE COMMITTEE SHALL CONSIST OF AT LEAST THREE PEOPLE, WHO NEED NOT BE BOARD MEMBERS. AT THE REQUEST OF THE DIRECTOR, THE COMMITTEE SHALL HOLD A HEARING (IN PERSON OR BY CONFERENCE CALL) PRIOR TO REACHING A DECISION. THE DIRECTOR MAY APPEAR AT THE HEARING TO RESPOND TO ALL CHARGES. ALSO AT ANY TIME, THE COMMITTEE HAS THE DISCRETION TO ATTEMPT TO REACH A SETTLEMENT OF THE MATTER. THE COMMITTEE REPORTS ITS FINDINGS TO THE BOARD OF DIRECTORS (EXCLUDING THE ACCUSED PERSON), ALONG WITH ANY RECOMMENDATIONS AS TO SETTLEMENT AND/OR DISCIPLINE. THE DIRECTOR SHALL HAVE AN OPPORTUNITY TO SUBMIT A WRITTEN RESPONSE TO THE BOARD REGARDING THE COMMITTEE'S FINDINGS AND RECOMMENDATIONS. THE BOARD (EXCLUDING THE ACCUSED DIRECTOR) MAY ACCEPT THE COMMITTEE'S FINDINGS AND RECOMMENDATIONS, MAY MODIFY THEM, OR MAY REFER THE MATTER BACK TO THE COMMITTEE FOR FURTHER CONSIDERATION. THE BOARD'S DECISION WILL BE COMMUNICATED TO THE DIRECTOR, THE CHARGING MEMBER(S), AND OTHERS ON A NEED-TO-KNOW BASIS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE COE IS DELINEATED IN A WRITTEN CONTRACT, THE TERMS OF WHICH WERE DETERMINED BY AN INDEPENDENT COMMITTEE OF THE BOARD, WITH INPUT FROM OUTSIDE LEGAL COUNSEL. COMPARABLE DATA FROM A VARIETY OF SOURCES IS REVIEWED PERIODICALLY BY A COMMITTEE OF THE BOARD. THE CONTRACT WAS APPROVED BY THE BOARD. ANY CHANGES OR RENEWAL OF THE CONTRACT MUST BE APPROVED BY THE SPECIAL COMMITTEE OF THE BOARD AND DISCLOSED TO THE FULL BOARD. PERIODICALLY A COMMITTEE OF THE BOARD REVIEWS OUTSIDE DATA FROM SEVERAL COMPENSATION STUDIES, WEBSITES, AND LOCAL MARKETS. COMPARISONS AND RESULTS ARE DISCUSSED WITH THE EXECUTIVE COMMITTEE AND A REPORT IS PROVIDED TO THE BOARD IN AN EXECUTIVE SESSION. THE CHAIRMAN OF THE BOARD ANNUALLY CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF THE CEO WITH INPUT PROVIDED BY BOARD MEMBERS. KEY PERFORMANCE INDICATORS ARE PROVIDED TO THE CEO FOR THE FOLLOWING YEAR. THE FULL REVIEW AND RECOMMENDATION IS SHARED WITH THE BOARD OF DIRECTORS. THE CEO TOGETHER WITH THE FINANCE TEAM DETERMINES THE COMPENSATION FOR ALL OTHER EMPLOYEES BASED ON COMPARABLE DATA AND A VARIETY OF SOURCES OF SIMILAR POSITIONS AND SALARIES FOR NOT-FOR-PROFIT ORGANIZATIONS. INCREASES ARE PROVIDED AFTER PERFORMANCE REVIEWS ARE COMPLETED. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN SEPTEMBER 2023. FORM 990, PART VI, SECTION C, LINE 19 IHRSA'S BYLAWS & MEETING MINUTES ARE AVAILABLE ONLINE AT WWW.IHRSA.ORG. THE CONFLICT OF INTEREST POLICY IS NOT AVAILABLE ONLINE BUT IS AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AUDITED OR REVIEWED ANNUALLY. FINANCIAL RESULTS ARE DISCLOSED TO THE MEMBERSHIP AT THE ANNUAL MEETING AND PRINTED COPIES OF THE ENTIRE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR DISTRIBUTION AT THE ANNUAL MEETING AND UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES 478,153. CONTRACT FEES 294,300. PROFESSIONAL FEES 208,523. FORM 990, PART XI, LINE 9: CHANGE IN ACCOUNTING FOR LEASES 112,967. WRITE-OFFS FOR 2020 CONVENTION 551,250. IHRSA PAC 70 FARGO ST 7TH FLOOR BOSTON MA 02210 043423145 PAC MA 527 IHRSA 1 IHRSA FOUNDATION 70 FARGO ST 7TH FLOOR BOSTON MA 02210 800819632 RES & EDUC MA 501(C)(3) 7 IHRSA 1 0 0 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 IHRSA FOUNDATION D 63239 FMV IHRSA FOUNDATION C 91227 FMV