2022-11-14T14:49:14-06:00 2021-12-31 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2021-01-01 231656462 NATIONAL KITCHEN & BATH ASSOCIATION NATI 9088520033 1 WEST BROAD STREET 300 BETHLEHEM PA 18018 WILLIAM DARCY CEO 9088520033 2022-11-14 1 WILLIAM DARCY 999009999 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2022-11-14 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X WILLIAM DARCY 1 WEST BROAD STREET 300 BETHLEHEM PA 18018 13474847 0 X WWW.NKBA.ORG X 1963 DE THROUGH THE CREATION OF MARKETPLACES, NETWORKS AND CERTIFICATIONS THAT RAISE THE LEVEL OF PROFESSIONALISM BY INSPIRING, LEADING AND EMPLOWERING EACH MEMBER OF OUR COMMUNITY. 9 9 47 700 0 0 3968092 3843498 11362262 4003961 476775 1483956 88374 0 15895503 9331415 118530 119251 0 0 5610304 5900807 0 0 0 7957101 5403654 13685935 11423712 2209568 -2092297 26927546 28104693 6918329 10250956 20009217 17853737 X THE ASSOCIATION'S VISION IS A WORLD IN WHICH EVERYONE ENJOYS SAFE, BEAUTIFUL AND FUNCTIONAL KITCHEN AND BATH SPACES. OUR MISSION IS TO HELP MAKE IT HAPPEN THROUGH THE CREATION OF MARKETPLACES, NETWORKS AND CERTIFICATIONS THAT RAISE THE LEVEL OF PROFESSIONALISM BY INSPIRING, LEADING AND EMPLOWERING EACH MEMBER OF OUR COMMUNITY. 0 0 MEMBERSHIP - THE NATIONAL KITCHEN & BATH ASSOCIATION HAS NEARLY 14,000 MEMBERS, CONDUCTED LEADERSHIP TRAINING FOR MORE THAN 300 CHAPTER OFFICERS PROFESSIONAL PROGRAMS -OUR MISSION THROUGH THE CREATION OF MARKETPLACES, NETWORKS AND CERTIFICATIONS, NKBA WILL INSPIRE, LEAD, AND EMPOWER THE KITCHEN AND BATH INDUSTRY. MARKETING PROGRAMS - CREATIVE AND EDITORIAL SERVICES DEVELOPED NEW AND INFORMATIVE MATERIALS TO KEEP MEMBERS AND CONSUMERS KNOWLEDGEABLE OF INDUSTRY AND MARKET TRENDS. PUBLIC RELATIONS EXPENSE IS INCURRED TO PROMOTE THE INDUSTRY IN GENERAL AND TO EDUCATE THE PUBLIC ABOUT THE INDUSTRY, ITS PRODUCTS, AND MEMBER EDUCATION. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 72 0 1 47 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 0 0 X NICOLE YOUNG 9088520033 1 WEST BROAD STREET SUITE 300 BETHLEHEM PA 18018 X ALLISON LOWRIE DIRECTOR 0.50 X 0 0 0 BASIL E LARKIN VICE CHAIR 0.50 X X 0 0 0 JAN HECK DIRECTOR 0.50 X 0 0 0 JAN NEIGES DIRECTOR 0.50 X 0 0 0 KRISTEN ELDER DIRECTOR 0.50 X 0 0 0 LOUIS ROHL DIRECTOR 0.50 X 0 0 0 MICHAEL MAHAN CHAIRMAN 0.50 X X 0 0 0 MIKAEL AKERBERG DIRECTOR 0.50 X 0 0 0 RANDY WARNER SECRETARY/TREASURER 0.50 X X 0 0 0 SUSAN WILLIFORD EVP, CSO 35.00 X 317353 0 44820 WILLIAM DARCY JR CEO 35.00 X 933180 0 48515 NICOLE YOUNG SR DIRECTOR, FINANCE & ADMINISTRATION 35.00 X 158497 0 18808 ALAN DOVE DIRECTOR, MEMBER RELATIONS 35.00 X 162789 0 34603 DOWLING CHRISTOPHER VP TECHNOLOGY 35.00 X 160169 0 36006 PAMELA MCNALLY VP OF MARKETPLACE 35.00 X 257991 0 32671 1989979 0 215423 6 0 1 0 DGDEAN 4 MICHELE LANE WESTPORT CT 06880 CONSULTANT 589704 WHITEGOOD 226 N ARCH STREET LANCASTER PA 17603 PUBLIC RELATIONS/DIGITAL MARKETING/DIGIT 364023 BRIDGEYEAR 5250 GULFTON STREET SUITE 25 HOUSTON TX 77081 CONSULTANT 175000 MODENUS 1046 WYNDHAM DRIVE YORK PA 17403 PUBLIC RELATIONS 152000 4 3843498 3843498 TRADE SHOW 900099 1882734 1882734 PROFESSIONAL PROGRAMS 900099 866625 866625 SPONSORSHIP 900099 695027 695027 OPERATIONS 900099 385000 385000 CONFERENCE 900099 174575 174575 4003961 734652 734652 4892736 4143432 749304 749304 749304 9331415 4003961 0 1483956 X 119251 1343868 3427359 799597 329983 105434 74680 1264629 396966 484443 628618 150048 162678 578360 1043004 83026 BAD DEBTS 359749 TRAINING AND DEVELOPMEN 51282 EQUIPMENT RENTAL AND MA 20737 11423712 8081027 8959035 1021002 14978718 119319 198276 24245 25415 653667 474020 9618537 6186751 3998493 3431786 12984871 20726 18460 24196 18983 26927546 28104693 944781 1049912 5973548 7701044 0 1500000 6918329 10250956 X 20009217 17853737 20009217 17853737 26927546 28104693 -2092297 -63183 0 X X 0 1 X 1 0 0 1 0 612904 612904 3272944 2025725 1247219 5732689 4161026 1571663 3431786 TRADE SHOW PAYABLE 1500000 1500000 X 8908483 -63183 -359749 -422932 9331415 0 9331415 11063963 0 11063963 359749 359749 11423712 PART X, LINE 2: THE ASSOCIATION IS CLASSIFIED AS AN ENTITY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2021 AND 2020. THE ASSOCIATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2018 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE ASSOCIATION RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF GENERAL AND ADMINISTRATIVE EXPENSES AND INCLUDES ACCRUED INTEREST AND PENALTIES IN ACCRUED EXPENSES IN THE STATEMENTS OF FINANCIAL POSITION. THERE WERE NO INTEREST OR PENALTIES PAID FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHAPTER SHARING ON MEMBERSHIP REVENUES -359,749. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHAPTER SHARING ON MEMBERSHIP REVENUES 359,749. 1 STUDENT DESIGN 6 17000 DESIGN CAMP 28 74213 STUDENT CHAPTERS 16 8000 CHAPTER OF THE YEAR 14 16778 AWARDS - 30 UNDER 30-30 UNDER 30 30 3260 1 X X X 0 0 0 WILLIAM DARCY JR CEO 517188 0 414750 0 1242 0 12115 0 36400 0 981695 0 0 0 SUSAN WILLIFORD EVP, CSO 214782 0 99000 0 3571 0 10577 0 34243 0 362173 0 0 0 PAMELA MCNALLY VP OF MARKETPLACE 255566 0 0 0 2425 0 0 0 32671 0 290662 0 0 0 ALAN DOVE DIRECTOR, MEMBER RELATIONS 98382 0 63162 0 1245 0 5180 0 29423 0 197392 0 0 0 DOWLING CHRISTOPHER VP TECHNOLOGY 158641 0 0 0 1528 0 8077 0 27929 0 196175 0 0 0 NICOLE YOUNG SR DIRECTOR, FINANCE & ADMINISTRATIO 143676 0 14560 0 261 0 7952 0 10856 0 177305 0 0 0 PART I, LINE 7 INCLUDED ON SCHEDULE J PART II COLUMN B(II) ARE AMOUNTS FOR BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED ON THE INDIVIDUALS W-2S. FORM 990, PART VI, SECTION B, LINE 11B UPON RECEIPT OF COMPLETED FORM 990 FROM COHNREZNICK, THE RETURN IS REVIEWED BY NKBA CONTROLLER, THE OUTSIDE FINANCIAL ADVISOR TO THE FINANCE COMMITTEE, AND NKBA CEO. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL MEMBERS OF THE NATIONAL BOARD OF DIRECTORS, COUNCIL SEGMENT COMMITTEES, STANDING COMMITTEES, AND SENIOR LEVEL EMPLOYEES ARE REQUIRED TO SIGN AND SUBMIT A CONFLICT OF INTEREST STATEMENT TO NKBA'S LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15A IN CONSULTATION WITH AN INDEPENDENT HR CONSULTANT SPECIALIZING IN EXECUTIVE COMPENSATION, COMPENSATION FOR THE CEO WAS DETERMINED BY A REVIEW OF BENCHMARKING SURVEYS FOR ASSOCIATION EXECUTIVES. FACTORS CONSIDERED INCLUDED GEOGRAPHY, SIZE, AND TYPE OF ASSOCIATION AS WELL AS EDUCATION AND EXPERIENCE. THE NKBA COMPENSATION COMMITTEE REVIEWS ALL DATA AND MADE A RECOMMENDATION TO THE NKBA EXECUTIVE COMMITTEE WHICH APPROVED THE RECOMMENDATION. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII: THE ORGANIZATION DOES NOT COMPENSATE BOARD MEMBERS FOR THEIR WORK ON THE BOARD. COMPENSATION TO BOARD MEMBERS REPRESENT SPEAKER FEES FOR VARIOUS NKBA ENGAGEMENTS. FORM 990, PART IX, LINE 11G OTHER 262,195. CONSULTING AND CONTRACT SERVICES 1,002,434. FORM 990, PART XII, LINE 2C: FINANCE COMMITTEE ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDANT AUDITOR.