2022-07-12T18:32:12-05:00 2022-02-28 420714325 RSM US LLP 1250 H STREET SUITE 700 WASHINGTON DC 20005 990 2021-03-01 135582627 NATIONAL RETAIL FEDERATION INC NATI 2027837971 1101 NEW YORK AVENUE NW 1200 WASHINGTON DC 200054348 ZAHILYS HERNANDEZ-PEREZ CFO 2027837971 2022-07-12 1 ZAHILYS HERNANDEZ-PEREZ 999009999 ELIZABETH W HELLER P00397829 2022932200 2022-07-11 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z MATTHEW SHAY 1101 NEW YORK AVENUE NW 1200 WASHINGTON DC 200054348 54237952 0 X WWW.NRF.COM X 1911 NY NRF'S MISSION IS TO ADVANCE AND PROTECT THE INTERESTS OF THE RETAIL INDUSTRY. 30 29 129 500 640915 0 8038045 8105707 9807552 37012091 1790975 2935903 549502 640915 20186074 48694616 24690 0 0 0 19261208 21586923 0 0 0 18482822 29878756 37768720 51465679 -17582646 -2771063 51823967 44909805 31740955 29351956 20083012 15557849 NRF'S MISSION IS TO ADVANCE AND PROTECT THE INTERESTS OF THE RETAIL INDUSTRY AND TO HELP RETAILERS ACHIEVE EXCELLENCE IN ALL AREAS OF THEIR BUSINESS. 0 0 NRF ADVANCES AND PROTECTS THE INTERESTS OF THE RETAIL INDUSTRY THROUGH ITS LEGISLATIVE AND REGULATORY ADVOCACY. THESE EFFORTS FOCUS ON THE ISSUES THAT DIRECTLY AFFECT THE RETAIL BUSINESS INCLUDING CREDIT AND PAYMENTS POLICY, LABOR BENEFITS AND EMPLOYMENT PRACTICES, TRADE AND TAX POLICY, AMONG OTHERS. NRF HELPS RETAILERS ACHIEVE EXCELLENCE IN ALL AREAS OF THEIR BUSINESS THROUGH ITS ANNUAL CONVENTION, CONFERENCES AND WORKSHOPS. THESE EVENTS BRING RETAILERS TOGETHER WITH INDUSTRY THOUGHT LEADERS AND SUPPLIERS TO EXPLORE RESEARCH ON THE FUTURE OF RETAIL; EXAMINE BENCHMARKING AND BEST PRACTICES OF INDUSTRY PEERS; AND LEARN ABOUT CUTTING EDGE PRODUCTS FROM THE INDUSTRY'S LEADING SOLUTION PROVIDERS. DESIGNED TO MEET THE NEEDS OF A VARIETY OF RETAIL DISCIPLINES INCLUDING STRATEGY AND RETAIL OPERATIONS, TECHNOLOGY, E-COMMERCE, LOSS PREVENTION AND MARKETING THE EVENTS ATTRACT MORE THAN 40,000 INDUSTRY PROFESSIONALS ANNUALLY. NRF HELPS ITS MEMBERS ACHIEVE EXCELLENCE IN THEIR BUSINESS THROUGH INFORMATION DISSEMINATION ON TOPICS THAT RANGE FROM DATA SECURITY, E-COMMERCE, SALES TRENDS, TO FACILITATION OF PEER TO PEER INTERACTION THAT CREATE WORKABLE SOLUTIONS TO BUSINESS CHALLENGES SUCH AS LEVERAGING TECHNOLOGY IN AN UNCERTAIN ECONOMY AND MANAGING GENERATIONAL DIFFERENCES. THE WORK IS CONDUCTED BY OVER 50 INDUSTRY COUNCILS AND TASK FORCES. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 131 0 1 129 1 1 1 0 0 0 1 1 0 1 0 X 30 29 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X ZAHILYS HERNANDEZ-PEREZ 2027837971 1101 NEW YORK AVENUE NW 1200 WASHINGTON DC 200054348 MATTHEW R SHAY PRESIDENT AND CEO 41.50 8.50 X X 6033480 0 808163 JOHN FURNER CHAIR 0.50 X X 0 0 0 MIKE GEORGE IMMEDIATE PAST CHAIR 0.50 X X 0 0 0 JEFF GENNETTE FIRST VICE CHAIR 0.50 0.50 X X 0 0 0 BETH ABERG DIRECTOR 0.50 X 0 0 0 RAY ALLEN DIRECTOR 0.50 X 0 0 0 CHRISTOPHER BALDWIN DIRECTOR 0.50 X 0 0 0 MARLA BECK THRU 102021 DIRECTOR 0.50 X 0 0 0 BRIAN CORNELL DIRECTOR 0.50 X 0 0 0 TYSON CORNELL DIRECTOR 0.50 X 0 0 0 LEE DELANEY THRU 42021 DIRECTOR 0.50 X 0 0 0 ROBERT EDDY START 62021 DIRECTOR 0.50 X 0 0 0 MICHELLE GASS DIRECTOR 0.50 X 0 0 0 NANCY GREEN START 62021 DIRECTOR 0.50 X 0 0 0 ANTHONY HUCKER DIRECTOR 0.50 X 0 0 0 STEVE JOYCE THRU 102021 DIRECTOR 0.50 X 0 0 0 STEVE LAUGHLIN THRU 52021 DIRECTOR 0.50 X 0 0 0 HAL LAWTON DIRECTOR 0.50 X 0 0 0 SHARON M LEITE DIRECTOR 0.50 X 0 0 0 KEITH LIPERT THRU 122021 DIRECTOR 0.50 0.50 X 0 0 0 PATRICE LOUVET DIRECTOR 0.50 X 0 0 0 JOHN MCATEER DIRECTOR 0.50 X 0 0 0 ANISH MELWANI DIRECTOR 0.50 X 0 0 0 MARC METRICK DIRECTOR 0.50 X 0 0 0 EVA PRESS THRU 122021 DIRECTOR 0.50 X 0 0 0 DAVID RATNER DIRECTOR 0.50 X 0 0 0 SERGIO ROJAS DIRECTOR 0.50 X 0 0 0 VIVEK SANKARAN DIRECTOR 0.50 X 0 0 0 RODNEY SIDES THRU 122021 DIRECTOR 0.50 X 0 0 0 KIMBERLY SMITH DIRECTOR 0.50 X 0 0 0 TONY SPRING START 12022 DIRECTOR 0.25 0.25 X 0 0 0 EDWARD W STACK DIRECTOR 0.50 X 0 0 0 COLLEEN TAYLOR DIRECTOR 0.50 X 0 0 0 KIP TINDELL DIRECTOR 0.50 X 0 0 0 ROBERT WALLSTROM DIRECTOR 0.50 X 0 0 0 STEVEN WILLIAMS START 62021 DIRECTOR 0.50 X 0 0 0 TIFFANY ZARFAS WILLIAMS DIRECTOR 0.50 X 0 0 0 STEPHANIE MARTZ GENERAL COUNSEL 41.50 8.50 X 707524 0 87743 DAVID FRENCH SVP, GOVERNMENT RELATIONS 50.00 X 929117 0 94360 SUSAN NEWMAN SVP, CONFERENCES 50.00 X 439124 0 74902 ARTEMIS SAKELL SENIOR DIRECTOR, EXHIBITS 50.00 X 418708 0 5494 WILLIAM THORNE SVP, PUBLIC RELATIONS/ED, NRFF 25.00 25.00 X 333999 333999 84841 MARTINE REARDON CHIEF MARKETING OFFICER & EVP 50.00 X 319814 0 41261 9181766 333999 1196764 54 0 1 0 THE FREEMAN COMPANIES PO BOX 650036 DALLAS TX 75265 SHOW MANAGEMENT 1002821 BLUETEXT LLC 3400 IDAHO AVE NW WASHINGTON DC 20016 MARKETING STRATEGY CONSULTING , EXECUTIO 867233 CRAFT MEDIA DIGITAL LLC 1600 K STREET NW WASHINGTON DC 20006 RECONCILIATION CAMPAIGN 729200 TUSK STRATEGIES LLC 251 PARK AVENUE SOUTH 8TH FLOOR NEW YORK NY 10010 SHOW CONTENT STRATEGY 480000 CONSOVOY MCCARTHY PLLC 1600 WILSON BLVD ARLINGTON VA 22209 RECONCILIATION CAMPAIGN 300000 39 8105707 8105707 EVENTS 900099 34869350 34869350 MEMBER PROGRAMS 900099 1260616 1260616 SPECIAL PROJECTS 900099 882125 882125 37012091 1051888 1051888 640915 640915 7377351 50000 5538642 4694 1838709 45306 1884015 1884015 48694616 37012091 640915 2935903 7636909 10559461 1499294 766793 1124466 1501982 99836 72922 3140564 1833117 2431192 865131 2767920 375423 13372334 817 752999 70814 BUS & REPRESENTATION 1358883 TAXES 757000 DUES 392822 BAD DEBT EXPENSE 85000 51465679 4641328 3818623 2089983 1903095 628114 738491 7049154 5409508 2163043 1639646 38740078 34373776 3561421 2436174 51823967 44909805 9745609 12785316 16462668 10432309 2500000 5532678 3634331 31740955 29351956 X 20083012 15557849 20083012 15557849 51823967 44909805 X -2771063 -1495936 -258164 X 0 1 X 1 0 1 0 0 SCHEDULE C, PART III: ADDITIONAL INFORMATION: A LARGE AMOUNT OF NRF'S DIRECT AND GRASSROOTS LOBBYING ACTIVITIES ARE PERFORMED BY NRF'S STAFF OF LOBBYISTS. 3309978 2530623 779355 573736 427660 146076 3165440 2451225 714215 1639646 DEFERRED COMPENSATION 2436174 2436174 DEFERRED COMPENSATION 2039439 ACCRUED RENT 1223149 LEASES PAYABLE 1904 POST RETIREMENT HEALTH INSURANCE LIABILITY 271 PENSION LIABILITY 314561 DEFERRED PAYROLL TAXES 55007 3634331 X X X 1 1 X X X X X X 0 1 0 MATTHEW R SHAY PRESIDENT AND CEO 2183333 0 1575000 0 2275147 0 651400 0 156763 0 6841643 0 900000 0 DAVID FRENCH SVP, GOVERNMENT RELATIONS 598333 0 230000 0 100784 0 51400 0 42960 0 1023477 0 0 0 STEPHANIE MARTZ GENERAL COUNSEL 506167 0 155000 0 46357 0 51400 0 36343 0 795267 0 0 0 WILLIAM THORNE SVP, PUBLIC RELATIONS/ED, NRFF 232875 232875 77500 77500 23624 23624 25700 25700 16720 16721 376419 376420 0 0 SUSAN NEWMAN SVP, CONFERENCES 336667 0 80000 0 22457 0 45833 0 29069 0 514026 0 0 0 ARTEMIS SAKELL SENIOR DIRECTOR, EXHIBITS 76520 0 342019 0 169 0 0 0 5494 0 424202 0 0 0 MARTINE REARDON CHIEF MARKETING OFFICER & EVP 318750 0 0 0 1064 0 18375 0 22886 0 361075 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL IS PROVIDED TO NRF EMPLOYEES ON AN EXCEPTION BASIS FOR OVERSEAS TRAVEL. IT IS NOT INCLUDED AS COMPENSATION ON A W-2 AS WE CONSIDER IT PART OF DOING BUSINESS. THE CEO CONTRACT REQUIRES SPOUSAL PARTICIPATION IN A LIMITED NUMBER OF EVENTS THROUGHOUT THE YEAR. THIS IS A BUSINESS REQUIREMENT AND AS SUCH IS NOT REPORTED ON A W-2. NRF PAYS MONTHLY CLUB DUES FOR ONE HCE FOR BUSINESS PURPOSES. ANY NON-BUSINESS USE IS REPORTED AS COMPENSATION ON THE HCE'S W-2. PART I, LINE 4B THE CEO PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN AS DESCRIBED IN SECTION 457F OF THE IRC. PAYMENTS TO THE 457F PLAN CONSIST OF EMPLOYER CONTRIBUTIONS. THERE WAS A 457F CONTRIBUTION OF $700,000 IN THE CURRENT YEAR. FORM 990, PART VI, SECTION A, LINE 6 NRF IS A MEMBERSHIP BASED TRADE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A NRF'S GOVERNING BODY IS ELECTED BY ITS MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B NRF'S GOVERNING BODY NOMINATES ITS OFFICERS, WHICH ARE THEN SUBJECT TO THE APPROVAL OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B NRF'S FINANCE COMMITTEE IS A STANDING COMMITTEE OF THE BOARD OF DIRECTORS AND IS RESPONSIBLE FOR THE FINANCIAL AND ACCOUNTING MATTERS OF THE FEDERATION. AS SUCH, THE FINANCE COMMITTEE HAS PRIMARY BOARD RESPONSIBILITY FOR THE REVIEW OF THE NRF'S OPERATING BUDGET AND AUDITED FINANCIAL STATEMENTS IN ITS BOARD AUTHORIZED ROLE. THE FINANCE COMMITTEE ALSO REVIEWS THE FORM 990 WITH NRF'S MANAGEMENT. A COMPLETE COPY OF THE 2021 FORM 990 WAS SHARED WITH THE FINANCE COMMITTEE PRIOR TO ITS FILING. THE FINAL RETURN WAS SIGNED BY NRF'S TAX ADVISOR, RSM US LLP AND NRF'S CFO AND WAS FILED ON A TIMELY BASIS. FORM 990, PART VI, SECTION B, LINE 12C NRF PERIODICALLY REVIEWS ITS BUSINESS ETHICS & EMPLOYEE CONDUCT POLICY WITH STAFF. MEMBER MEETINGS, COMMITTEE MEETINGS AND ALL BOARD MEETINGS ARE OPENED WITH EITHER A WRITTEN DISTRIBUTION OF THE NRF ANTITRUST GUIDELINES OR A GENERAL REFERENCE TO THE FACT THAT NRF DOES HAVE SUCH GUIDELINES AND THOSE ATTENDING ARE REQUESTED TO ADHERE TO THEM. NRF'S GOVERNING BODY ALSO ATTESTS ANNUALLY TO ITS CONFLICT OF INTEREST POLICY. IN THE EVENT A CONFLICT IS DETERMINED, THE BOARD MEMBER WITH THE CONFLICT IS ASKED TO RECUSE HIM OR HERSELF FROM VOTING ON THE MATTER UNDER DISCUSSION. FORM 990, PART VI, SECTION B, LINE 15 NRF'S COMPENSATION COMMITTEE, WHICH IS COMPRISED OF MEMBERS OF THE GOVERNING BODY, ESTABLISHES THE COMPENSATION FOR THE CEO. IN SETTING THE COMPENSATION THE GROUP CONSIDERS PERFORMANCE TO GOALS AS WELL AS COMPARABILITY DATA. THERE IS CONTEMPORANEOUS SUBSTANTIATION OF THE COMMITTEE'S DELIBERATIONS. PART VI, SECTION B, LINE 15B: NRF'S PRESIDENT AND CEO ESTABLISH THE COMPENSATION OF THE OTHER OFFICERS OF THE ORGANIZATION. IN SETTING THE COMPENSATION, THE PRESIDENT AND CEO CONSIDER PERFORMANCE TO GOALS AS WELL AS COMPARABILITY DATA. THESE DECISIONS ARE REVIEWED WITH THE COMPENSATION COMMITTEE ANNUALLY AND THERE IS CONTEMPORANEOUS SUBSTANTIATION OF THE COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 NRF'S FINANCIAL INFORMATION IS MADE AVAILABLE THROUGH THE PUBLIC DISCLOSURE OF ITS FORM 990. NRF'S ARTICLES OF INCORPORATION ARE ON FILE WITH THE STATE OF NEW YORK AND ADDITIONAL GOVERNANCE INFORMATION IS CONTAINED IN THE FORM 990. NRF'S CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OCI-PENSION -258,164. NRF FOUNDATION 1101 NEW YORK AVE NW SUITE 1200 WASHINGTON DC 20005 521224690 SUPPORT AND PROMOTE RETAIL EDUCATION, RESEARCH, AND CAREERS DC 501(C)(3) LINE 10 NATIONAL RETAIL FEDERATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 NRF FOUNDATION Q 1743136 COST NRF FOUNDATION R 1041139 COST NRF FOUNDATION S 610615 COST