2024-11-08T07:11:56-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2023-01-01 846045987 NATIONAL AUTO AUCTION ASSOCIATION NATI 3016960400 5320 SPECTRUM DRIVE D FREDERICK MD 21703 PAUL LIPS EXECUTIVE DIRECTOR 3016960400 2024-11-06 1 0 ROBERT WILLIAMS P01345960 5712279500 2024-11-04 2023 2024-10-15 13:58:12Z PAUL LIPS 5320 SPECTRUM DRIVE D FREDERICK MD 21703 18380833 0 X WWW.NAAA.COM X 1953 CO THE NATIONAL AUTO AUCTION ASSOCIATION PROVIDES A UNIFIED VOICE FOR THE AUTO AUCTION INDUSTRY. 18 18 12 100 1829667 760383 488462 417926 1091050 1731559 1944619 14959727 885923 1268871 4410054 18378083 0 85657 0 0 1652494 1957669 0 0 0 2814051 3065801 4466545 5109127 -56491 13268956 4546285 17392339 2019635 1406749 2526650 15985590 THE NATIONAL AUTO AUCTION ASSOCIATION PROVIDES A UNIFIED VOICE FOR THE AUTO AUCTION INDUSTRY, PROTECTS AND PROMOTES THE INTERESTS OF ITS MEMBERS AND LEADS WITH THE HIGHEST ETHICAL STANDARDS. 0 0 SPRING CONFERENCE AND AN ANNUAL CONVENTION IN THE FALLTO PROVIDE FORUM AND NETWORKING FOR MEMBERS AND THOSE INTERESTED IN THE WHOLESALE AUTO AUCTION INDUSTRY. MEMBERSHIP SERVICESNATIONAL AUTO AUCTION ASSOCIATION MEMBER SERVICES INCLUDE A WIDE RANGE OF EDUCATIONAL OFFERINGS, INCLUDING TRAINING, INDUSTRY STANDARDS AND CERTIFICATION; PUBLIC RELATIONS, INDUSTRY AND GOVERNMENT REPRESENTATION. THE ASSOCIATION ALSO PROVIDES A SPRING BUSINESS MEETING/ANNUAL CONVENTION AND EXPOSITION AND EDUCATIONAL TRAINING SEMINARS. NATIONAL AUTO AUCTION ASSOCIATION SERVICES CORPORATION, A SEPARATE REVENUE PRODUCING CORPORATION ALSO BENEFITS MEMBERS. THE ORGANIZATION ALSO PRINTS A MEMBERSHIP DIRECTORY TO FACILITATE COMMUNICATION WITH MEMBERS AND ALLOW NON-MEMBERS TO CONTACT MEMBERS. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 38 0 12 1 1 1 0 0 0 1 1 0 0 0 X 18 18 0 0 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X PAUL LIPS 3016960400 5320 SPECTRUM DRIVE SUITE D FREDERICK MD 21703 FRANK HACKETT CONSULTANT (THRU JAN '23) 5.00 0.00 X 602978 0 0 PAUL LIPS EXECUTIVE DIRECTOR 40.00 5.00 X 281860 0 25859 TRICIA HEON CEO (THRU JAN '23) 5.00 0.00 X 265336 0 0 MEGHAN EWIN CONTROLLER 40.00 5.00 X 124237 0 29001 LAURIE OAKMAN COMMUNICATIONS MANAGER 40.00 0.00 X 104061 0 42610 BETH WEBER PROJECT & MEMBERSHIP MANAGER 40.00 0.00 X 108294 0 35201 MAXWELL COLE PUBLIC AFFAIRS MANAGER 40.00 0.00 X 121739 0 14332 ERIC AUTENRIETH PRESIDENT 5.00 1.00 X X 0 0 0 CHARLOTTE PYLE SECRETARY 1.00 0.00 X X 0 0 0 DOUG SHORE TREASURER 1.00 0.00 X X 0 0 0 GARRISON HUDKINS CHAIR OF THE BOARD 1.00 0.00 X X 0 0 0 CRAIG AMELUNG PRESIDENT-ELECT 1.00 0.00 X X 0 0 0 MIKE BROWNING EXECUTIVE VICE PRESIDENT 1.00 0.00 X X 0 0 0 EDDIE LAFFERTY VICE PRESIDENT 1.00 0.00 X X 0 0 0 CHRISSY BRIGGS DIRECTOR 1.00 0.00 X 0 0 0 EMILY BARBER DIRECTOR 1.00 0.00 X 0 0 0 ANTHONY ROTSTART DIRECTOR 1.00 0.00 X 0 0 0 TOM FRANCOIS DIRECTOR 1.00 0.00 X 0 0 0 STEVE KESSLER DIRECTOR 1.00 0.00 X 0 0 0 BRANDON THOMPSON DIRECTOR 1.00 0.00 X 0 0 0 JOE GUYER DIRECTOR 1.00 0.00 X 0 0 0 JACOB WARREN DIRECTOR 1.00 0.00 X 0 0 0 BILLY WILLIS DIRECTOR 1.00 0.00 X 0 0 0 LISA FRANZ DIRECTOR 1.00 0.00 X 0 0 0 JENNIFER LEOCARDI DIRECTOR 1.00 0.00 X 0 0 0 ASHLEY DIETZE DIRECTOR 1.00 0.00 X 0 0 0 1608505 0 147003 7 0 1 0 MORGAN LEWIS BOCKIUS LLP PO BOX 8500 S-6050 PHILADELPHIA PA 191786050 LEGAL 274984 MILES AND STOCKBRIDGE PC 30 WEST PATRICK ST STE 600 FREDERICK MD 21701 LEGAL 269885 LIPS ENTERPRISES 14297 MCCORMICK CIRCLE CARMEL IN 46033 EXECUTIVE MANAGEMENT 161419 JDC EVENTS LLC 8403 COLESVILLE RD SUITE 1100 SILVER SPRING MD 20910 EVENTS PLANNING 127515 4 417926 417926 MEETING REVENUE 441100 978574 478574 500000 MEMBERSHIP DUES 441100 750985 750985 APPLICATION FEES 441100 1750 1750 PUBLICATIONS 441100 250 250 1731559 848263 167030 681233 281234 175000 106234 14214 14100000 2750 0 11464 14100000 14111464 14111464 MANAGEMENT FEE 561000 987637 987637 987637 18378083 1231559 1829667 14898931 85657 573055 983959 117627 167461 115567 287788 56027 88393 385537 71883 590637 58941 87570 163888 1189864 44597 40676 5109127 1024832 568707 56367 960517 73905 37577 12850000 128881 106824 536400 417770 131011 118630 2172781 2428000 1000 1000 957508 321084 4546285 17392339 728448 1056532 149900 15578 315743 141686 825544 192953 2019635 1406749 X 2526650 15985590 2526650 15985590 4546285 17392339 13268956 189984 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 750985 198918 51959 250877 82608 168269 0 1 X 161305 87575 73730 375095 330195 44900 118630 LEASE LIABILITY 192953 192953 X PART IV, LINE 2B: THE ASSOCIATION COLLECTS CONTRIBUTIONS AND PAYS EXPENSES ON BEHALF OF THE INDEPENDENT AUCTION GROUP. THE ASSOCIATION HAS NO CONTROL OVER THESE FUNDS AND, THEREFORE, THESE FUNDS ARE RECORDED AS A LIABILITY ON THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, THE ASSOCIATION IS SUBJECT TO FEDERAL AND STATE TAXES ON ITS UNRELATED BUSINESS INCOME. THE ORGANIZATION'S INCOME TAX RETURN IS SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ASSOCIATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. 1 NAAA WARREN YOUNG SR SCHOLASTIC FOUNDATION INC 5320 SPECTRUM DRIVE SUITE D FREDERICK MD 21703 050604611 501(C)(3) 0 40000 ANNUAL SUPPORT FOR FELLOWSHIP AWARDS 1 0 PART I, LINE 2: THE ORGANIZATION SUPPORTED ITS AFFILIATE WHICH IT MANAGES. THIS LEVEL OF INVOLVEMENT GIVES IT INSIGHT INTO THE USAGE OF THE FUNDING TO ENSURE THE FUNDS GET USED FOR THE INTENDED PURPOSE. X X X 1 1 0 FRANK HACKETT CONSULTANT (THRU JAN '23) 0 0 0 0 602978 0 0 0 0 0 602978 0 602978 0 PAUL LIPS EXECUTIVE DIRECTOR 281860 0 0 0 0 0 14125 0 11734 0 307719 0 307719 0 TRICIA HEON CEO (THRU JAN '23) 0 0 0 0 265336 0 0 0 0 0 265336 0 265336 0 PART I, LINES 4A-B THE EXECUTIVE CONSULTANT PARTICIPATED IN A 457(F) PLAN SPONSORED BY NAAA AND RECEIVED A PAYMENT FROM THE PLAN IN THE AMOUNT OF $602,978 WHICH IS INCLUDED IN SCH J PART II OTHER REPORTABLE COMPENSATION. THE CEO RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $265,336 INCLUDED IN SCH J PART II OTHER REPORTABLE COMPENSATION. LIPS ENTERPRISES OWNED BY EXECUTIVE DIRECTOR 161419 CONSULTING SERVICES 0 FORM 990, PART VI, SECTION A, LINE 1A THERE SHALL BE AN EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT, PRESIDENT-ELECT, VICE-PRESIDENT, SECRETARY, TREASURER, CHAIRMAN OF THE BOARD, EXECUTIVE VICE PRESIDENT, AND PRESIDENT-EMERITUS, IF ANY. THE EXECUTIVE COMMITTEE MAY EXERCISE THE POWERS OF THE BOARD WHEN THE BOARD IS NOT IN SESSION, REPORTING TO THE BOARD AT ITS SUCCEEDING MEETING OF ANY ACTION TAKEN. THE BOARD MAY, HOWEVER, LIMIT THE AUTHORITY OF THE EXECUTIVE COMMITTEE AS THE BOARD MAY FROM TIME TO TIME DEEM ADVISABLE. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED DURING 2023 AS FOLLOWS: -REVISED MEMBERSHIP ELIGIBILITY REQUIREMENTS AND MEMBERSHIP PROCESSES -RESTRUCTURED THE NOMINATING COMMITTEE -CLARIFIED MEMBERS DISCIPLINARY AND GRIEVANCE PROCEDURES -REVISED PROCEDURAL GUIDELINES REGARDING OFFICERS AND DIRECTORS, VOTING, MEETINGS AND DUTIES FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS REGULAR MEMBERS WHICH ARE WHOLESALE AUTO AUCTIONS AND ASSOCIATE MEMBERS WHO ARE EITHER REMARKETERS OR SUPPLIERS THAT DO BUSINESS IN THE WHOLESALE AUTO AUCTION BUSINESS. FORM 990, PART VI, SECTION A, LINE 7A ALL REGULAR MEMBERS, BEING A WHOLESALE MEMBER AUCTION, HAS ONE VOTE AND ALL DIRECTORS AND OFFICERS ARE ELECTED BY THE MEMBERS AT THE ANNUAL MEETING OF THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PREPARED BY AN OUTSIDE ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THE FORM 990 IS REVIEWED BY MANAGEMENT AND BY THE FINANCE AND BUDGET COMMITTEE. THE DRAFT FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FINALIZATION FOR REVIEW AND COMMENTS. ONCE APPROVED THE FORM 990 WILL BE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED BY THE BOARD OF DIRECTORS AND COMMITTEE CHAIRS PRIOR TO EACH MEETING OF THE ORGANIZATION AND ALL CONFLICTS OF INTEREST ARE RECOGNIZED AND ADDRESSED AT THAT TIME. THE POLICY APPLIES TO THE ASSOCIATION'S BOARD MEMBERS, COMMITTEE MEMBERS, OFFICERS, AND ANY ASSOCIATION MEMBER OR REPRESENTATIVE HAVING THE RIGHT TO VOTE ON MATTERS AFFECTING THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL OFFICERS IS REVIEWED BY THE COMPENSATION COMMITTEE WHICH MAKES RECOMMENDATIONS FOR APPROVAL BY THE BOARD BASED ON COMPENSATION SURVEYS. THE DELIBERATIONS AND DECISIONS IS DOCUMENTED IN THE MEETING MINUTES. THIS PROCESS WAS LAST PERFORMED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON THE ASSOCIATION'S WEBSITE. THE ASSOCIATION DOES NOT MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. NAAA POLITICAL ACTION COMMITTEE 5320 SPECTRUM DRIVE SUITE D FREDERICK MD 21703 544646834 LEGISLATIVE MD 527 NATIONAL AUTO AUCTION ASSOCIATION 1 NAAA WARREN YOUNG SR SCHOLASTIC FOUNDATION 5320 SPECTRUM DRIVE SUITE D FREDERICK MD 21703 050604611 SCHOLARSHIPS MD 501(C)(3) PF N/A 0 NAAA SERVICES CORPORATION INC 5320 SPECTRUM DRIVE SUITE D FREDERICK MD 21703 522011985 MARKETING MD NATIONAL AUTO AUCTION ASSOCIATION C 4933199 18977931 1.00000 1 1 1 0 1 1 1 1 0 0 0 0 1 0 1 1 0 0 0 0 NAAA SERVICES CORPORTION INC F 625000 ACTUAL AMOUNT RECEIVED NAAA SERVICES CORPORTION INC L 951637 ACTUAL REIMBURSEMENT RECEIVED NAAA SERVICES CORPORTION INC D 12850000 LOAN AMOUNT NAAA SERVICES CORPORTION INC G 14100000 FV NAAA SERVICES CORPORTION INC A 342030 FV NAAA SERVICES CORPORTION INC E 687542 LOAN AMOUNT NAAA SERVICES CORPORTION INC B 500000 CASH