2019-07-11T02:40:34-05:00 2019-02-28 861065772 DELOITTE TAX LLP 7900 TYSONS ONE PLACE SUITE 800 MCLEAN VA 22102 990 2018-03-01 135582627 NATIONAL RETAIL FEDERATION INC NATI 2027837971 1101 NEW YORK AVENUE NW NO 1200 WASHINGTON DC 20005 CARLEEN C KOHUT EVP/COO 2027837971 2019-07-01 1 RACHEL KAUFMAN P01485017 7032511000 99.61.89.121 2019-07-10 16:08:02 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 2A209ADF6288EF4A8C29F7770523BFC7EA556A53 2018 2019-02-21 02:37:17Z MATTHEW SHAY 1101 NEW YORK AVENUE NW NO 1200 WASHINGTON DC 20005 64817028 0 X WWW.NRF.COM X 1911 NY NRF'S MISSION IS TO ADVANCE AND PROTECT THE INTERESTS OF THE RETAIL INDUSTRY. 30 29 147 4000 552512 0 7609751 7689314 49312084 45933835 2032169 2558111 922811 633201 59876815 56814461 1328750 0 0 0 21009470 22738371 0 0 0 38145960 33809042 60484180 56547413 -607365 267048 55264267 53192980 22483419 21251325 32780848 31941655 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, AND TAX POLICY, AMONG OTHERS. NRF HELPS RETAILERS ACHIEVE EXCELLENCE IN ALL AREAS OF THEIR BUSINESS THROUGH ITS ANNUAL CONVENTION, AND MORE THAN 20 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 35,000 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 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 190 0 1 147 1 1 1 0 0 0 0 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 CARLEEN KOHUT 2027837971 1101 NEW YORK AVENUE NW NO 1200 WASHINGTON DC 20005 MATTHEW R SHAY PRESIDENT AND CEO 41.50 8.50 X X 4092465 0 167260 BETH ABERG DIRECTOR 0.50 0.00 X 0 0 0 CHRISTOPHER BALDWIN CHAIR 1.00 0.00 X 0 0 0 MARLA BECK DIRECTOR 0.50 0.00 X 0 0 0 MIKI RACINE BERARDELLI DIRECTOR 0.50 0.00 X 0 0 0 GUNTHER BRIGHT DIRECTOR 0.50 0.00 X 0 0 0 PETER COBB END 119 DIRECTOR 0.50 0.00 X 0 0 0 MARVIN ELLISON END 119 DIRECTOR 0.50 0.00 X 0 0 0 JOHN FURNER SECOND VICE CHAIR 0.50 0.00 X 0 0 0 PAUL GAINER END 119 DIRECTOR 0.50 0.00 X 0 0 0 JEFF GENNETTE FIRST VICE CHAIR 0.50 0.50 X 0 0 0 MIKE GEORGE DIRECTOR 0.50 0.00 X 0 0 0 ANTHONY HUCKER START 119 DIRECTOR 0.50 0.00 X 0 0 0 DAVID JAFFE DIRECTOR 0.50 0.00 X 0 0 0 STEVE JOYCE DIRECTOR 0.50 0.00 X 0 0 0 KAREN K KATZ END 119 DIRECTOR 0.50 0.50 X 0 0 0 DON KINGSBOROUGH END 119 DIRECTOR 0.50 0.00 X 0 0 0 STEVE KNOPIK DIRECTOR 0.50 0.00 X 0 0 0 STEVE LAUGHLIN DIRECTOR 0.50 0.00 X 0 0 0 KEITH LIPERT DIRECTOR 0.50 0.00 X 0 0 0 JOHN MCATEER DIRECTOR 0.50 0.00 X 0 0 0 CALVIN MCDONALD END 119 DIRECTOR 0.50 0.00 X 0 0 0 MARC METRICK DIRECTOR 0.50 0.00 X 0 0 0 MITCHELL B MODELL DIRECTOR 0.50 0.00 X 0 0 0 RACHEL MUSHAHWAR DIRECTOR 0.50 0.00 X 0 0 0 EVA PRESS DIRECTOR 0.50 0.00 X 0 0 0 DAVID RATNER DIRECTOR 0.50 0.00 X 0 0 0 JAMES RHEE DIRECTOR 0.50 0.00 X 0 0 0 SERGIO ROJAS START 119 DIRECTOR 0.50 0.00 X 0 0 0 STEPHEN I SADOVE END 119 DIRECTOR 0.50 0.00 X 0 0 0 GREG SANDFORT DIRECTOR 0.50 0.00 X 0 0 0 RACHEL SHECHTMAN DIRECTOR 0.50 0.00 X 0 0 0 RODNEY SIDES DIRECTOR 0.50 0.00 X 0 0 0 EDWARD W STACK DIRECTOR 0.50 0.00 X 0 0 0 KIP TINDELL DIRECTOR 0.50 0.00 X 0 0 0 CLAUDIO DEL VECCHIO DIRECTOR 0.50 0.00 X 0 0 0 BRAD WESTON END 119 DIRECTOR 0.50 0.00 X 0 0 0 TIFFANY ZARFAS WILLIAMS DIRECTOR (START 1/19) 0.50 0.00 X 0 0 0 CARLEEN C KOHUT EVP AND COO 41.50 8.50 X 753065 0 86722 STEPHANIE MARTZ GENERAL COUNSEL 41.50 8.50 X 492851 0 92471 DAVID FRENCH SVP, GOVERNMENT RELATIONS 50.00 0.00 X 747169 0 87206 SUSAN NEWMAN SVP, CONFERENCES 50.00 0.00 X 459171 0 81986 ARTEMIS SAKELL SENIOR DIRECTOR, EXHIBITS & SPONSORS 50.00 0.00 X 398874 0 44066 WILLIAM THORNE SVP, PUBLIC RELATIONS 50.00 0.00 X 543404 0 80817 CRISTINA CERESOLI SVP, RETAIL STRATEGIES 50.00 0.00 X 605539 0 65417 8092538 0 705945 49 0 1 0 THE EXPO GROUP INC 5931 W CAMPUS CIRCLE DR IRVING TX 75063 SHOW MANAGEMENT 2107822 FREEMAN AUDIO VISUAL INC PO BOX 650519 DALLAS TX 75265 CONVENTION AUDIO VISUAL 1944012 THE FREEMAN COMPANIES PO BOX 650036 DALLAS TX 75265 SHOW MANAGEMENT 1712834 SERVICE AMERICA CORPORATION (CENTERPLATE 655 WEST 34TH STREET NEW YORK NY 10001 CONVENTION FOOD & BEVERAGE 991597 BLUETEXT LLC 2121 WISCONSIN AVENUE NW WASHINGTON DC 20007 DIGITAL MARKETING 932053 24 7689314 7689314 EVENTS 900099 44478735 44478735 SPECIAL PROJECTS 900099 1403894 1403894 MEMBER PROGRAMS 900099 50550 50550 SUBSCRIPTIONS 900099 656 656 45933835 1204071 1204071 80689 80689 9356607 8002266 301 1354341 -301 1354040 1354040 ADVERTISING 900099 552512 552512 552512 56814461 45933835 552512 2638800 5387397 14307403 1412703 624920 1005948 488472 102000 2274410 73703 1694741 1159032 2426949 781585 2464285 790671 18805965 3418 760400 86378 BUS & REPRESENTATION 426084 DUES 324938 BAD DEBT EXPENSES 60000 PUBLICATIONS 631 1085380 56547413 6848551 8473157 2479684 1708717 1200086 938525 7072539 3638674 3574568 3433865 39312852 36645840 1848526 1992876 55264267 53192980 8394406 8150666 10536715 9278236 3552298 3822423 22483419 21251325 X 32780848 31941655 32780848 31941655 55264267 53192980 X 267048 -1607435 501194 X X 0 1 X 1 0 1 0 1 7689314 6875200 6875200 7381742 -506542 ADDITIONAL INFORMATION A LARGE AMOUNT OF NRF'S DIRECT AND GRASSROOTS LOBBYING ACTIVITIES ARE PERFORMED BY NRF'S STAFF OF LOBBYISTS. 3285696 1562644 1723052 696195 332119 364076 3090648 1743911 1346737 3433865 DEFERRED COMPENSATION 1330432 ACCRUED RENT 2371595 LEASES PAYABLE 41472 POST RETIREMENT HEALTH INSURANCE LIABILITY 78923 3822422 EUROPE PROGRAM SERVICES BUSINESS MEETINGS 49306 EUROPE PROGRAM SERVICES CONFERENCE 91436 EAST ASIA & PACIFIC PROGRAM SERVICES BUSINESS MEETINGS 18530 SOUTH ASIA PROGRAM SERVICES CONFERENCE 21255 0 0 0 0 0 0 180527 0 180527 0 0 0 0 0 0 X X X 1 1 X X X X X X 1 1 0 MATTHEW R SHAY PRESIDENT AND CEO 1850000 0 1200000 0 1042465 0 32950 0 134310 0 4259725 0 325000 0 CARLEEN C KOHUT EVP AND COO 485833 0 210000 0 57232 0 51450 0 35272 0 839787 0 0 0 STEPHANIE MARTZ GENERAL COUNSEL 395833 0 93500 0 3518 0 51450 0 41021 0 585322 0 0 0 DAVID FRENCH SVP, GOVERNMENT RELATIONS 492500 0 210000 0 44669 0 51450 0 35756 0 834375 0 0 0 SUSAN NEWMAN SVP, CONFERENCES 320000 0 130000 0 9171 0 51450 0 30536 0 541157 0 0 0 ARTEMIS SAKELL SENIOR DIRECTOR, EXHIBITS & SPONSORS 67107 0 331598 0 169 0 32950 0 11116 0 442940 0 0 0 WILLIAM THORNE SVP, PUBLIC RELATIONS 404500 0 117500 0 21404 0 51450 0 29367 0 624221 0 0 0 CRISTINA CERESOLI SVP, RETAIL STRATEGIES 525539 0 80000 0 0 0 26943 0 38474 0 670956 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, LINES 4A-B 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 DISTRIBUTION OF $674,638 IN THE CURRENT YEAR. PART I, LINE 4A CRISTINA CERESOLI, FORMER SVP OF RETAIL STRATEGIES, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $365,000 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 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 2018 FORM 990 WAS DISTRIBUTED TO THE FINANCE COMMITTEE PRIOR TO ITS FILING. THE FINAL RETURN WAS SIGNED BY NRF'S TAX ADVISOR, DELOITTE AND NRF'S EVP AND COO 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 ESTABLISHES THE COMPENSATION OF THE OTHER OFFICERS OF THE ORGANIZATION. IN SETTING THE COMPENSATION, THE PRESIDENT AND CEO CONSIDERS 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 501,194. FORM 990, PART XII, LINE 2C: AUDITED STATEMENT RESPONSE: THE ORGANIZATION IS INCLUDED IN A CONSOLIDATED FINANCIAL STATEMENT AUDITED BY AN INDEPENDENT AUDITOR UNDER GAAP AND ISSUED TO THE NATIONAL RETAIL FEDERATION'S FINANCE COMMITTEE. NRF FOUNDATION 1101 NEW YORK AVENUE NW SUITE 1200 WASHINGTON DC 20005 521224690 SUPPORT AND PROMOTE RETAIL EDUCATION, RESEARCH, AND CAREERS DC 501(C)(3) LINE 12, TYPE III-FI N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 NRF FOUNDATION Q 2643348 COST NRF FOUNDATION R 630169 COST NRF FOUNDATION S 357728 COST