2022-11-15T15:37:19-06:00 2021-12-31 420714325 RSM US LLP 1250 H STREET SUITE 700 WASHINGTON DC 20005 990 2021-01-01 526054211 EQUIPMENT LEASING AND FINANCE ASSOCIATION INC EQUI 2022383400 1625 EYE ST NW 850 WASHINGTON DC 20006 RALPH A PETTA PRESIDENT & CEO 2022383400 2022-11-15 1 RALPH PETTA 999009999 MEREDITH BELL P01696827 2022932200 2022-11-15 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z RALPH A PETTA 1625 EYE ST NW 850 WASHINGTON DC 20006 15254230 0 X WWW.ELFAONLINE.ORG X 1961 MD TO PROMOTE INTEREST AND PROVIDE PROGRAMS REGARDING EQUIPMENT LEASING AND FINANCING. 25 24 22 775 139228 3813 104750 720919 6558922 7566249 818645 673113 144745 82343 7627062 9042624 10000 20000 0 0 3544964 3738986 0 0 0 3434670 4548739 6989634 8307725 637428 734899 18080028 20234848 5284403 5950546 12795625 14284302 X THE ASSOCIATION EXISTS TO PROMOTE AND REPRESENT THE GENERAL INTERESTS OF THE EQUIPMENT LEASING AND FINANCING INDUSTRY, PROVIDE PROGRAMS OF BENEFIT TO THE INDUSTRY AND ITS MEMBERS, PROVIDE INFORMATION, EDUCATION AND COMMUNICATIONS TO THE MEMBERSHIP AND THE PUBLIC, LEAD IN THE RESOLUTION OF GENERAL INDUSTRY PROBLEMS, AND PROMOTE HIGH STANDARDS OF BUSINESS PRACTICES WITHIN THE INDUSTRY. 0 0 BUSINESS DEVELOPMENT - WORKING TO ACHIEVE SUSTAINED GROWTH AND PROFITABILITY FOR MEMBERS THROUGH NETWORKING, SHARING AND MUTUAL ASSISTANCE, MARKET KNOWLEDGE AND A POSITIVE INDUSTRY IMAGE. PROFESSIONAL DEVELOPMENT - RAISING THE COMPETENCY OF INDUSTRY PROFESSIONALS THROUGH A COMBINATION OF FACE-TO-FACE CONFERENCES AND VARIOUS TECHNOLOGY CHANNELS. ADVOCACY AND COMMUNICATIONS - PRESENTING A STRONG COLLECTIVE VOICE FOR THE INDUSTRY AND REPRESENTING THE INDUSTRY WITH LAWMAKERS, REGULATORS, AND STANDARD SETTERS. INDUSTRY KNOWLEDGE - DELIVERING KNOWLEDGE THROUGH INDUSTRY PERFORMANCE STATISTICS, SPECIFIC BENCHMARKING REPORTS AND SPECIFIC TARGET MARKET ANALYSIS. 0 1 1 1 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 23 0 1 22 1 1 1 0 0 0 1 1 0 0 0 X 25 24 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X JEFF QUIGLEY 2022383400 1625 EYE ST NW 850 WASHINGTON DC 20006 KRIS A SNOW CHAIR 3.00 0.00 X X 0 0 0 MICHAEL DICECCO CHAIR ELECT 3.00 0.00 X X 0 0 0 MARTHA AHLERS IMMEDIATE PAST CHAIR 3.00 0.00 X X 0 0 0 ROBERT NEAGLE VICE CHAIR 3.00 0.00 X X 0 0 0 ROBERT L BOYER VICE CHAIR 3.00 0.00 X X 0 0 0 DANIEL J KRAJEWSKI TREASURER 4.00 0.00 X X 0 0 0 PAUL A STILP SECRETARY 37.50 0.00 X X 209967 0 49359 DEBORAH BAKER DIRECTOR 2.00 0.00 X 0 0 0 MAUREEN CARR DIRECTOR 2.00 0.00 X 0 0 0 MARK DUNCAN DIRECTOR 2.00 0.00 X 0 0 0 MAUREEN CARR DIRECTOR 2.00 0.00 X 0 0 0 CONNIE EIMERS DIRECTOR 2.00 0.00 X 0 0 0 DAVID P FARRELL DIRECTOR 2.00 0.00 X 0 0 0 NATHAN GIBBONS DIRECTOR 2.00 0.00 X 0 0 0 RJ GRIMSHAW DIRECTOR 2.00 0.00 X 0 0 0 AMY GROSS DIRECTOR 2.00 0.00 X 0 0 0 WILLIS KLEINJAN DIRECTOR 2.00 0.00 X 0 0 0 ALAN MOGOL DIRECTOR 2.00 0.00 X 0 0 0 DAVID NORMANDIN DIRECTOR 2.00 0.00 X 0 0 0 DEBORAH REUBEN DIRECTOR 2.00 0.00 X 0 0 0 RICARDO A RIOS DIRECTOR 2.00 0.00 X 0 0 0 BARRY RIPES DIRECTOR 2.00 0.00 X 0 0 0 TOM RUTHERFORD DIRECTOR 2.00 0.00 X 0 0 0 DAVE VERKINDEREN DIRECTOR 2.00 0.00 X 0 0 0 DAVID WALTON DIRECTOR 2.00 0.00 X 0 0 0 RALPH PETTA PRESIDENT & CEO 35.50 2.00 X 537177 0 60380 ANDREW FISHBURN VP, FED GOV RELATIONS 37.50 0.00 X 292688 0 23968 SCOTT L RIEHL VP, STATE GOV RELATIONS 37.50 0.00 X 237155 0 19020 AMY C VOGT VP, COMM & MARKETING 37.50 0.00 X 168865 0 25391 JULIE BENSON VP, MEM MARKETING 37.50 0.00 X 138500 0 21329 ALEXA CARNIBELLA DIRECTOR, PROF DEVELOPMENT 37.50 0.00 X 125900 0 27606 WILLIAM CHOI VP, RESEARCH & INDUSTRY STUDIES 37.50 0.00 X 132887 0 29922 LISA RAMIREZ VP, BUSINESS & PROF DEV 37.50 0.00 X 144355 0 19389 1987494 0 276364 13 0 1 0 MARRIOTT BUSINESS SERVICES PO BOX 402642 ATLANTA GA 303842642 TOURNAMENTS AND FOOD/BEVERAGE 779729 PRICEWATERHOUSECOOPERS LLP 300 MADISON AVENUE NEW YORK NY 10016 CONSULTANTS 274725 O'KEEFE COMMUNICATIONS LLC 2 BETHESDA METRO CENTER SUITE 310 BETHESDA MD 20814 A/V RENTAL 240653 EVENT EQ LLC 7079 OAKLAND MILLS ROAD COLUMBIA MD 21046 A/V RENTAL 239810 TIBER CREEK GROUP INC 750 9TH STREET NW SUITE 501 WASHINGTON DC 20001 LOBBYING 180000 8 336336 384583 720919 MEMBER DUES 900099 5114326 5114326 CONVENTION/SEMINARS 900099 2274401 2274401 ADVERTISING 541800 132968 132968 PUBLICATIONS 541800 44554 44554 7566249 303004 303004 65870 6260 59610 6581715 6211606 370109 370109 370109 MISCELLANEOUS INCOME 900099 16473 16473 16473 9042624 7433281 139228 749196 20000 1379921 2059253 299812 5968 159521 180000 81356 703095 99639 183684 157654 4503 514654 88885 1619618 184878 62409 CREDIT CARD FEES 150354 DUES & SUBSCRIPTIONS 127535 ATTRITION 60567 MISCELLANEOUS 45603 118816 8307725 3253780 3973751 91827 94134 323330 350052 1900961 1150663 935949 750298 13181835 14282843 293307 783770 18080028 20234848 594076 438335 2729965 3468050 1960362 2044161 5284403 5950546 X 12795625 14284302 12795625 14284302 18080028 20234848 734899 753778 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED EQUIPMENT LEASING & FIN ASSN PAC (LEASEPAC) 1625 EYE STREET NW SUITE 850 WASHINGTON DC 20006 541611789 0 72664 0 0 1 5114326 1645342 1646206 3291548 1227438 2064110 977823 325941 651882 923138 824722 98416 750298 DEFERRED RENT 1419663 DEFERRED COMPENSATION PLAN 624498 2044161 9715046 753778 753778 8961268 81356 81356 9042624 8226369 0 8226369 81356 81356 8307725 1 EQUIPMENT LEASING & FINANCE FOUNDATIONINC 1625 EYE STREET NW SUITE 850 WASHINGTON DC 20006 541527848 501(C)(3) 0 20000 GENERAL SUPPORT 1 0 PART I, LINE 2: GRANT MADE TO CONTROLLED RELATED ORGANIZATION FOR EXEMPT PURPOSES. 1 X X X 0 0 0 RALPH PETTA PRESIDENT & CEO 452423 0 80761 0 3993 0 43500 0 17630 0 598307 0 0 0 ANDREW FISHBURN VP, FED GOV RELATIONS 275773 0 16591 0 324 0 23200 0 1268 0 317156 0 0 0 PAUL A STILP SECRETARY 196792 0 11955 0 1220 0 17215 0 32894 0 260076 0 0 0 SCOTT L RIEHL VP, STATE GOV RELATIONS 223044 0 13208 0 903 0 19020 0 1500 0 257675 0 0 0 AMY C VOGT VP, COMM & MARKETING 159131 0 9532 0 202 0 13727 0 11664 0 194256 0 0 0 LISA RAMIREZ VP, BUSINESS & PROF DEV 131280 0 12976 0 99 0 11627 0 7762 0 163744 0 0 0 WILLIAM CHOI VP, RESEARCH & INDUSTRY STUDIES 126429 0 6244 0 214 0 10690 0 19231 0 162808 0 0 0 JULIE BENSON VP, MEM MARKETING 130536 0 7761 0 203 0 11177 0 10152 0 159829 0 0 0 ALEXA CARNIBELLA DIRECTOR, PROF DEVELOPMENT 116791 0 8933 0 176 0 8668 0 18938 0 153506 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS (OTHERS THAN ASSOCIATE MEMBERS) HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE ENTITLED TO VOTE FOR THE BOARD OF DIRECTORS, EXCEPT FOR ASSOCIATE MEMBERS, WHO DO NOT HAVE VOTING RIGHTS AND MAY NOT HAVE THEIR REPRESENTATIVES SERVE AS OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION'S BOARD OF DIRECTORS HAS DESIGNATED THE AUDIT COMMITTEE TO REVIEW THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND EMPLOYEES ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. COMPLIANCE IS MONITORED BY APPROPRIATE STAFF AND OUTSIDE COUNSEL. IN THE EVENT THAT THE ASSOCIATION DISCOVERS THAT A MEMBER OF THE GOVERNING BODY HAD A CONFLICT OF INTEREST, THE ASSOCIATION'S POLICY ON CONFLICTS OF INTEREST WOULD REQUIRE THAT THE PERSON NOT SOLICIT THE TRANSACTION, NOT TAKE PART IN NEGOTIATING, RENEGOTIATING, AMENDING OR APPROVING THE TRANSACTION, NOT EXERCISE ANY RECOMMENDING OR DECISION-MAKING AUTHORITY ARISING FROM HIS OR HER POSITION WITH ELFA, AND NOT EXERCISE ANY PERSONAL INFLUENCE WITH THE BOARD OF DIRECTORS OR WITH ANY OTHER MANAGER OR EMPLOYEE OF ELFA OR ANY ENTITY CONTROLLED BY ELFA IN THE DISPOSITION OF THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT CONSULTING FIRM IS RETAINED AS NEEDED TO PROVIDE COMPARABILITY DATA AND ADVISE ON MANAGEMENT SALARIES. THE DATA IS REVIEWED AND APPROVED BY THE PERSONNEL COMMITTEE. THE PRESIDENT'S LAST COMPENSATION REVIEW WAS HELD IN JUNE 2019. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS, POLICES AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ASSOCIATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. EQUIPMENT LEASING & FINANCE FOUNDATION INC 1625 EYE STREET NW SUITE 850 WASHINGTON DC 20006 541527848 RESEARCH DC 501(C)(3) LINE 11B, II ELFA 0 EQUIPMENT LEASING AND FINANCE ASSOCIATION PAC (LEASEPAC) 1625 EYE STREET NW SUITE 850 WASHINGTON DC 20006 POLITICAL ACTION COMMITTEE DC 527 N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 EQUIPMENT LEASING AND FINANCE FOUNDATION N 45477 CASH EQUIPMENT LEASING AND FINANCE FOUNDATION O 298235 CASH EQUIPMENT LEASING AND FINANCE FOUNDATION B 20000 CASH