2019-11-06T12:21:35-06:00 2018-12-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2018-01-01 526054211 EQUIPMENT LEASING AND FINANCE ASSOCIATION INC EQUI 2022383400 1625 EYE STREET NW NO 850 WASHINGTON DC 20006 RALPH A PETTA PRESIDENT & CEO 2022383400 2019-11-06 1 R MICHAEL SORRELLS P00001737 2022932200 108.48.150.90 2019-11-06 12:21:31 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0A779249EE4AB03D4EBCA877230ED83790B34DB8 2018 2020-03-31 21:24:44Z RALPH A PETTA 1625 EYE STREET NW NO 850 WASHINGTON DC 20006 11930037 0 X WWW.ELFAONLINE.ORG X 1961 MD TO PROMOTE INTEREST AND PROVIDE PROGRAMS REGARDING EQUIPMENT LEASING AND FINANCING. 24 24 23 775 184523 2344 460850 491830 8904161 9352039 871814 -618697 115694 61620 10352519 9286792 100000 25000 0 0 3081591 3224664 0 0 0 5840150 6121859 9021741 9371523 1330778 -84731 15560437 16099018 5237289 5925956 10323148 10173062 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. MEMBER RELATIONS - PROVIDING EFFECTIVE ASSOCIATION LEADERSHIP, INDUSTRY KNOWLEDGE, AND COMMUNICATING THE CREDIBILITY OF THE EQUIPMENT LEASING AND FINANCE INDUSTRY TO POLICY MAKERS AND THE NATION AS A WHOLE. INDUSTRY ADVOCACY - 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. PROFESSIONAL COMPETENCY - RAISING THE COMPETENCY OF INDUSTRY PROFESSIONALS THROUGH A COMBINATION OF FACE-TO-FACE CONFERENCES AND VARIOUS TECHNOLOGY CHANNELS. 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 36 0 1 23 1 1 1 0 0 0 1 1 0 0 0 X 24 24 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X PAUL STILP 2022383400 1625 EYE STREET NW SUITE 850 WASHINGTON DC 20006 DAVID SCHAEFER - CHAIR TO 1018 IMM. PAST CHAIR (BEG 10/18) 3.00 X X 0 0 0 JUD SNYDER - CHAIR ELECT (TO 10/18), CHAIR (BEG 10/18) 4.00 X X 0 0 0 TONY CRACCHIOLO IMM PAST CHAIR (THRU 10/18) 2.00 X X 0 0 0 ROBERT L BOYER TREASURER 4.00 X X 0 0 0 MARTHA AHLERS VICE CHAIRMAN 3.00 X X 0 0 0 MIKE DICECCO VICE CHAIRMAN 2.00 X X 0 0 0 LARRY SMILIE VICE CHAIRMAN 3.00 X X 0 0 0 KRIS SNOW VICE CHAIRMAN 3.00 X X 0 0 0 MICHAEL CAMPBELL DIRECTOR (THRU 10/18) 2.00 X 0 0 0 AYLIN CANKARDES DIRECTOR (THRU 10/18) 2.00 X 0 0 0 JENNIFER COYLE DIRECTOR 2.00 X 0 0 0 JAMES CRESS DIRECTOR 2.00 X 0 0 0 BRETT DAVIS DIRECTOR 2.00 X 0 0 0 CONRAD EIMERS DIRECTOR 2.00 X 0 0 0 DAVE FATE DIRECTOR 2.00 X 0 0 0 LORI FRASIER DIRECTOR (THRU 10/18) 2.00 X 0 0 0 DAVID GILMORE DIRECTOR (THRU 10/18) 2.00 X 0 0 0 BRIAN HOLLAND DIRECTOR (THRU 10/18) 2.00 X 0 0 0 WILLIS KLEINJAN DIRECTOR 2.00 X 0 0 0 DANIEL KRAJEWSKI DIRECTOR 2.00 X 0 0 0 MARJORIE KRUMHOLZ DIRECTOR 2.00 X 0 0 0 MATTHEW LESAGE DIRECTOR 2.00 X 0 0 0 GARY LOMONACO DIRECTOR (THRU 10/18) 2.00 X 0 0 0 BRIAN MADISON DIRECTOR 2.00 X 0 0 0 ROBERT NEAGLE DIRECTOR 2.00 X 0 0 0 AMY NELSON DIRECTOR 2.00 X 0 0 0 DANIEL NELSON CLFP DIRECTOR 2.00 X 0 0 0 DAVID NORMANDIN DIRECTOR 2.00 X 0 0 0 DEBORAH REUBEN DIRECTOR 2.00 X 0 0 0 ALAN SIKORA CLFP DIRECTOR 2.00 X 0 0 0 DAVID WALTON DIRECTOR 2.00 X 0 0 0 RALPH A PETTA PRESIDENT & CEO 35.50 2.00 X 507977 0 61964 PAUL A STILP CFO AND SECRETARY 35.50 2.00 X 198270 0 20591 WILLIAM U CHOI VICE PRESIDENT 37.50 X 122038 0 12682 ANDREW P FISHBURN VICE PRESIDENT 37.50 X 279698 0 23000 LISA M RAMIREZ VICE PRESIDENT 37.50 X 132522 0 11603 SCOTT L RIEHL VICE PRESIDENT 37.50 X 218886 0 22632 AMY C VOGT VICE PRESIDENT 37.50 X 154069 0 15843 1613460 0 168315 7 0 1 0 O'KEEFE COMMUNICATIONS LLC 2 BETHESDA METRO CENTER STE 310 BETHESDA MD 20814 A/V PRODUCTION 294834 LARICH & ASSOCIATES INC 512 E WASHINGTON STREET CHAGRIN FALLS OH 44022 EVENT COMMISION 151285 VAULT CONSULTING LLC 11710 PLAZA AMERICA DRIVE STE 350 RESTON VA 20190 ACCOUNTING 133304 LEADING AUTHORITIES INC 1725 I ST NW STE 200 WASHINGTON DC 20006 SPEAKER BUREAU 133087 DELCOR TECHNOLOGY 8380 COLESVILLE RD 550 SILVER SPRING MD 20910 DATA PROCESSING 120356 7 491830 491830 MEMBER DUES 900099 4987816 4987816 CONVENTION/SEMINARS 900099 4059964 4059964 ADVERTISING 541800 262003 80850 181153 PUBLICATIONS 900099 42256 42256 9352039 304593 304593 60870 3370 57500 1719955 2643225 20 -923270 -20 -923290 -923290 MISCELLANEOUS 900099 750 750 750 9286792 9170886 184523 -560447 25000 807487 1876411 155020 233508 152238 94407 140179 180941 78065 831200 228151 565813 37407 1659 538845 236558 2310993 189769 35909 CREDIT CARD FEES 165094 DUES & SUBSCRIPTIONS 154677 MOBILE APP 69947 TRAINING & STAFF DEVELO 65324 196921 9371523 2332360 2987203 94362 116771 259565 328576 1862955 701448 1266136 1161507 11259910 11182587 348104 322374 15560437 16099018 858825 746337 3101155 3363517 1277309 1816102 5237289 5925956 X 10323148 10173062 10323148 10173062 15560437 16099018 -84731 -65355 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED EQUIPMENT LEASING AND FINANCE ASSN PAC (LEASEPAC) 1825 K STREET NW WASHINGTON DC 20006 541611789 0 0 1 4987816 1931943 -152625 1779318 1246954 532364 977823 100290 877533 885132 601158 283974 1161507 DEFERRED RENT 1637281 DEFERRED COMPENSATION PLAN 178821 1816102 9208747 0 9208747 78065 -20 78045 9286792 9358833 65355 65355 9293478 78065 -20 78045 9371523 PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON EARLY LEASE TERM -20. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON EARLY LEASE TERM -20. 1 EQUIPMENT LEASING & FINANCE FOUNDATIONINC 1625 EYE STREET NW SUITE 850 WASHINGTON DC 20006 541527848 501(C)(3) 25000 GENERAL SUPPORT 1 0 PART I, LINE 2: GRANT MADE TO CONTROLLED RELATED ORGANIZATION FOR EXEMPT PURPOSES. X 1 1 X X X X X 0 0 0 RALPH A PETTA PRESIDENT & CEO 457977 0 50000 0 0 0 59750 0 13371 0 581098 0 0 0 PAUL A STILP CFO AND SECRETARY 172561 0 25709 0 0 0 16248 0 11872 0 226390 0 0 0 ANDREW P FISHBURN VICE PRESIDENT 252131 0 27567 0 0 0 22000 0 12962 0 314660 0 0 0 SCOTT L RIEHL VICE PRESIDENT 199126 0 19760 0 0 0 17942 0 12106 0 248934 0 0 0 AMY C VOGT VICE PRESIDENT 137595 0 16474 0 0 0 12685 0 9709 0 176463 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 DECEMBER 2015. 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 52141 CASH EQUIPMENT LEASING AND FINANCE FOUNDATION O 369472 CASH EQUIPMENT LEASING AND FINANCE FOUNDATION B 25000 CASH