2021-11-15T17:22:42-06:00 2020-12-31 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2020-01-01 231656462 NATIONAL KITCHEN & BATH ASSOCIATION NATI 9088520033 687 WILLOW GROVE STREET HACKETTSTOWN NJ 07840 WILLIAM DARCY CEO 9088520033 2021-11-15 1 WILLIAM DARCY 999009999 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2021-11-15 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z WILLIAM DARCY 687 WILLOW GROVE STREET HACKETTSTOWN NJ 07840 20674812 0 X WWW.NKBA.ORG X 1963 DE THROUGH THE CREATION OF MARKETPLACES, NETWORKS AND CERTIFICATIONS, NKBA WILL INSPIRE, LEAD AND EMPOWER THE KITCHEN AND BATH INDUSTRY. 9 9 49 700 70800 0 3820349 3968092 10695489 11362262 669224 476775 228023 88374 15413085 15895503 118227 118530 0 0 4905213 5610304 0 0 0 8752224 7957101 13775664 13685935 1637421 2209568 26972344 26927546 10289574 6918329 16682770 20009217 X THROUGH THE CREATION OF MARKETPLACES, NETWORKS AND CERTIFICATIONS, NKBA WILL INSPIRE, LEAD AND EMPOWER THE KITCHEN AND BATH INDUSTRY. 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 0 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 57 0 1 49 1 1 1 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 KRUEGER 9088520033 687 WILLOW GROVE STREET HACKETTSTOWN NJ 07840 X ALLISON LOWRIE CHAIRMAN 0.50 X X 0 0 0 BASIL E LARKIN SECRETARY/TREASURER 0.50 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 LORENZO MARQUEZ DIRECTOR 0.50 X 0 0 0 MICHAEL MAHAN VICE CHAIR 0.50 X 0 0 0 RANDY WARNER DIRECTOR 0.50 X 0 0 0 STEPHEN JOSEPH DIRECTOR 0.50 X 0 0 0 KRUEGER NICOLE DIRECTOR, FINANCE & ADMINI 35.00 X 160143 0 17908 WILLIAM DARCY JR CEO 35.00 X 902318 0 48513 ALAN DOVE DIRECTOR, MEMBER RELATIONS 35.00 X 229428 0 32418 PAMELA MCNALLY VP OF MARKETPLACE 35.00 X 149494 0 17562 SUSAN WILLIFORD EVP, CSO 35.00 X 346156 0 36998 1787539 0 153399 5 0 1 0 DGDEAN 27 IMPERIAL AVE WESTPORT CT 06880 CONSULTANT 768150 BRIDGEYEAR 5250 GULFTON STREET SUITE 25 HOUSTON TX 77081 CONSULTANT 651350 WHITEGOOD 225 N ARCH STREET LANCASTER PA 17603 PUBLIC RELATIONS/DIGITAL MARKETING/DIGIT 566865 JETHOG LLC 300 WILSON AVENUE SUITE 290 NORWALK CT 06854 CONSULTANT 169750 MODENUS LLC 412 WEST WALNUT STREET LANCASTER FL 17603 PUBLIC RELATIONS 148965 7 3968092 3968092 TRADE SHOW 900099 9629877 9629877 PROFESSIONAL PROGRAMS 900099 1401070 1401070 CONFERENCE 900099 241315 241315 OPERATIONS 900099 90000 90000 11362262 509301 509301 4746783 4779309 -32526 -32526 -32526 ADVERTISING REVENUE 541800 88374 17574 70800 88374 15895503 11379836 70800 476775 X 118530 1128882 3435615 723577 322230 149339 72232 1853422 992052 667721 548578 157398 665400 1179127 1286667 62604 BAD DEBTS 248820 TRAINING AND DEVELOPMEN 47337 EQUIPMENT RENTAL AND MA 26404 13685935 7002190 8081027 2983739 1021002 72895 119319 29212 24245 1091286 653667 9146046 5147553 4552748 3998493 11197628 12984871 12381 20726 30265 24196 26972344 26927546 1151078 944781 9138496 5973548 10289574 6918329 X 16682770 20009217 16682770 20009217 26972344 26927546 X 2209568 1116882 -3 X X 0 1 X 1 0 0 1 0 612904 612904 3272012 1885864 1386148 5261130 3261689 1999441 3998493 X 16763565 1116882 -248820 868062 15895503 0 15895503 13437115 0 13437115 248820 248820 13685935 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, 2020 AND 2019. THE ASSOCIATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2017 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, 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHAPTER SHARING ON MEMBERSHIP REVENUES -248,820. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHAPTER SHARING ON MEMBERSHIP REVENUES 248,820. 1 STUDENT DESIGN 6 17675 DESIGN CAMP 28 75472 STUDENT CHAPTERS 10 5000 CHAPTER OF THE YEAR 14 16771 AWARDS - 30 UNDER 30-30 UNDER 30 1 3612 X X X X 1 1 X X X X 0 0 0 WILLIAM DARCY JR CEO 533903 0 367125 0 1290 0 14250 0 34263 0 950831 0 0 0 SUSAN WILLIFORD EVP, CSO 223457 0 119574 0 3125 0 5077 0 31921 0 383154 0 0 0 ALAN DOVE DIRECTOR, MEMBER RELATIONS 102590 0 125551 0 1287 0 5350 0 27068 0 261846 0 0 0 KRUEGER NICOLE DIRECTOR, FINANCE & ADMINI 146927 0 12950 0 266 0 7452 0 10456 0 178051 0 0 0 PAMELA MCNALLY VP OF MARKETPLACE 148095 0 0 0 1399 0 0 0 17562 0 167056 0 0 0 PART I, LINE 1A THE ASSOCIATION BELIEVES THERE IS A BUSINESS PURPOSE IN HAVING COMPANIONS ATTEND THEIR EVENTS. AS SUCH, ANY AMOUNTS ASKED TO BE REIMBURSED ARE CONSIDERED TO BE TAXED TO SAID INDIVIDUAL. 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 759,194. CONSULTING AND CONTRACT SERVICES 1,094,228. FORM 990, PART XI, LINE 9: OTHER CHANGES IN BEGINING NET ASSET -3. 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.