2025-03-25T14:42:23-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2023-07-01 363133254 HEALTH & FITNESS ASSOCIATION HEAL 6179510055 70 FARGO STREET 7TH FLOOR BOSTON MA 02210 LIZ CLARK PRESIDENT/CEO 6179510055 2025-03-07 1 1 DANIELLE NIHILL P01350943 7819821001 2025-03-07 2023 2025-03-06 01:10:19Z X HFA LIZ CLARK 70 FARGO STREET 7TH FLOOR BOSTON MA 02210 10933624 0 X WWW.HEALTHANDFITNESS.ORG X 1981 IL TO GROW, PROTECT, & PROMOTE THE INDUSTRY & PROVIDE MEMBERS WITH BENEFITS TO HELP LEAD TO SUCCESS. 18 18 18 40 952232 21498 91989 77873 9157231 10773852 10820 81899 0 0 9260040 10933624 0 500 0 0 2500345 2799068 0 0 0 4622834 4634321 7123179 7433889 2136861 3499735 4346652 7995518 5111856 5444687 -765204 2550831 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 CONDUCTED SEVERAL IN PERSON AND 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 HFA EVENTS, EDUCATION, AND TWO IN-PERSON MEETINGS AND ONE TRADE SHOW OVER THE PAST YEAR. THE HEALTH AND FITNESS ASSOCIATION REPRESENTS OVER 100,000 HEALTH CLUBS, GYMS, AND STUDIOS ACROSS THE GLOBE. MORE THAN 15,600 CLUBS ARE INVOLVED IN LEADERSHIP ENGAGEMENT THROUGH IHRSA. HFA HAS OVER 6,700 MEMBERS IN 36 COUNTRIES. THE ORGANIZATION PROVIDED LEGAL, LEGISLATIVE, PUBLIC RELATIONS, NETWORKING, AND MARKETING ACTIVITIES DURING THE CURRENT FISCAL YEAR. 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 RESOURCES ADDRESSING FITNESS AND HEALTH CONCERNS 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 PERSON-TO-PERSON DISCUSSION AND ONLINE RESOURCES. 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 0 0 1 18 0 1 18 1 1 1 0 0 0 0 0 0 0 0 0 X 18 18 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 LIZ CLARK PRESIDENT & CEO 40.00 5.00 X 557590 0 28199 JEFFREY SOLSBY SR VP OF COMMUNICATIONS 40.00 5.00 X 187823 0 8307 MIKE GOSCINSKI VP OF GOVERNMENT AFFAIRS 40.00 5.00 X 157389 0 8307 LYNNE DEVANEY VP OF SPONSORSHIP/ DEVEL. 40.00 5.00 X 130822 0 22602 MICHELE EYNON VP OF ADVERTISING 40.00 5.00 X 133531 0 552 CHRIS CRAYTOR CHAIRPERSON 5.00 1.00 X X 0 0 0 CHRIS SMITH VICE-CHAIR 5.00 0.00 X X 0 0 0 FRANK LAWRENCE TREASURER 5.00 0.00 X X 0 0 0 AARON MOORE SECRETARY 5.00 0.00 X X 0 0 0 AL NOSHIRVANI 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 LUKE CARLSON BOARD MEMBER 5.00 0.00 X 0 0 0 LONI WANG 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 STACY ANDERSON BOARD MEMBER 1.00 0.00 X 0 0 0 MARIA GONZALEZ BOARD MEMBER 5.00 0.00 X 0 0 0 JEFF SANDERS BOARD MEMBER 5.00 0.00 X 0 0 0 BARRY WALSH BOARD MEMBER 5.00 0.00 X 0 0 0 RICHARD BEDDIE BOARD MEMBER 5.00 0.00 X 0 0 0 BILL DAVIS BOARD MEMBER 5.00 0.00 X 0 0 0 ERIK LINDSETH BOARD MEMBER 5.00 0.00 X 0 0 0 1167155 0 67967 5 0 1 0 FREEMAN 14221 DALLAS PARKWAY DALLAS TX 75254 MANAGEMENT 640144 DARTMOUTH PRINTING COMPANY 69 LYME ROAD HANOVER NH 03755 PUBLISHING 259305 HOLLAND-MARK ONE BEACON STREET BOSTON MA 02108 ADVERTISING 200781 BRIESE & ASSOCIATES 2630 MARLIN WAY CASTLE ROCK CO 80109 FINANCIAL STRATEGY SERVICES 179161 ACTIVE PLANET MEDIA 12021 WILSHIRE BLVD LOS ANGELES CA 90025 PUBLISHING 134500 5 77873 77873 MEETINGS & TRADE SHOWS 900099 6477793 6477793 MEMBERSHIP DUES 900099 2211535 2211535 ADVERTISING 541800 906885 906885 OTHER PROGRAM SERVICES 900099 837960 837960 OTHER PROGRAM SERVICES 900099 294332 294332 45347 45347 10773852 81646 81646 253 0 253 253 253 10933624 9821620 952232 81899 X 500 585789 1754548 85010 213455 160266 13177 31992 120000 1028699 125946 298214 410225 200376 30523 1198776 50803 85712 PRODUCTION FEES 712164 MISCELLANEOUS FEES 242706 SPECIFIC INITIATIVES 51875 TAXES 19890 13243 7433889 1616671 2803839 1270519 3868482 73599 177059 96158 50774 428703 329027 258980 99676 1030725 995688 4346652 7995518 859513 911650 1345355 1823952 1849900 1821421 1057088 887664 5111856 5444687 X -1068728 2298115 303524 252716 -765204 2550831 4346652 7995518 X 3499735 83925 -267625 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 1 2211535 331840 331840 403826 -71986 DUES FROM MEMBERS THE $2,211,535 IN LINE 1 INCLUDES ALL NON-FOREIGN MEMBER DUES. THIS INCLUDES $2,070,366 OF RENEWAL MEMBERSHIP DUES AND $141,169 OF NEW MEMBER DUES. MEMBERS WERE ALSO NOTIFIED THAT 18.26% (OR $403,826) OF THE TOTAL DUES OF $2,211,535 WAS RELATED TO LOBBYING EXPENDITURES AND THEREFORE NOT DEDUCTIBLE. SCHEDULE C, PART III-B, LINE 2A THE $331,840 CURRENT YEAR LOBBYING EXPENDITURES ON LINE 2A IS COMPOSED OF $211,029 THE PORTION OF THE DUES ATTRIBUTABLE TO LOBBYING, AND $120,812 IN LOBBYING EXPENSES FROM ADDITIONAL DIRECT SUPPORT. 38622 16196 22426 222638 208121 14517 167443 104710 62733 99676 DEPOSITS 57803 RIGHT OF USE ASSET, NET OF AMORTIZATION 848261 SOFTWARE, NET OF AMORTIZATION 89624 995688 LEASE LIABILITIES 887664 887664 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) 0 1 PROGRAM SERVICES CONSULTING 205332 0 1 0 0 0 1 205332 0 205332 0 0 0 0 0 1 X X X X X 0 0 0 LIZ CLARK PRESIDENT & CEO 430090 0 127500 0 0 0 0 0 28199 0 585789 0 0 0 JEFFREY SOLSBY SR VP OF COMMUNICATIONS 183823 0 4000 0 0 0 0 0 8307 0 196130 0 0 0 MIKE GOSCINSKI VP OF GOVERNMENT AFFAIRS 153389 0 4000 0 0 0 0 0 8307 0 165696 0 0 0 LYNNE DEVANEY VP OF SPONSORSHIP/ DEVEL. 127822 0 3000 0 0 0 0 0 22602 0 153424 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 HFA 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 HFA'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 429,514. CONTRACT FEES 351,310. PROFESSIONAL FEES 247,875. FORM 990, PART XI, LINE 9: FOUNDATION? -267,625. 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 23698 FMV IHRSA FOUNDATION C 76946 FMV