2015-05-13T14:42:43-05:00 2014-12-31 KPMG LLP 401 Commerce Street Suite 1000 Nashville TN 37219 990 2014-01-01 940707299 NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC % JEFF SMITH NATI 6158725800 53 CENTURY BOULEVARD Suite 250 NASHVILLE TN 372143682 JEFF SMITH TREASURER 6158725800 2015-05-12 BAXTER WILDER P01212441 6158725800 2015-05-12 2014 2016-02-25 16:41:14Z DONALD A DANNER 1201 F ST NW SUITE 200 WASHINGTON DC 20004 122172372 false X WWW.NFIB.COM X 1949 CA NATIONAL FEDERATION OF INDEPENDENT BUSINESS' MISSION IS TO PROMOTE AND PROTECT THE RIGHTS OF ITS MEMBERS TO OWN, OPERATE AND GROW THEIR BUSINESSES. 15 14 1189 0 2112360 122025 4952126 5570616 86439330 88153783 3151239 4748241 5883557 6204233 100426252 104676873 583773 379099 0 0 67469464 63807076 1668929 1759623 0 25554929 27981785 95277095 93927583 5149157 10749290 46639114 50554208 68431670 74872013 -21792556 -24317805 X THE PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED ARE: 1. TO PROMOTE THE ECONOMIC, FINANCIAL AND POLITICAL WELFARE OF ITS MEMBERS; TO ELEVATE THE PRESTIGE AND STANDING OF THE INDEPENDENT SMALL BUSINESS OWNER IN HIS/HER COMMUNITY; TO ORGANIZE THE INDEPENDENT OR SMALL BUSINESS OWNER INTO AN ASSOCIATION TO THE END THAT HIS/HER VOICE MAY BE HEARD EFFECTIVELY IN STATE AND NATIONAL AFFAIRS AFFECTING SMALL BUSINESS. 2. TO PRESERVE, PROTECT, PROMOTE AND DEVELOP THE AMERICAN SYSTEM OF PRIVATE ENTERPRISE BY PROMOTING AND DEVELOPING LAWS AND REGULATIONS HELPFUL AND BENEFICIAL TO, AND FOR THE PRESERVATION OF, SMALL BUSINESS. 3. TO CONDUCT POLLS AMONG ITS MEMBERS ON MATTERS OF IMPORTANCE CONCERNING AND AFFECTING SMALL BUSINESS AND ITS PROBLEMS, AND TO COLLECT, COMPILE AND DISSEMINATE INFORMATION OVER THE AIR AND THROUGH THE PRESS RELATING THERETO TO ITS MEMBERS AND THE GENERAL PUBLIC. 4. TO EXPOSE AND RESIST CORRUPTION IN GOVERNMENT AND TO SECURE HONESTY, EFFICIENCY AND ECONOMY IN NATIONAL, STAT false false NFIB IS A NONPARTISAN ADVOCACY ORGANIZATION THAT REPRESENTS SEVERAL HUNDRED THOUSAND SMALL AND INDEPENDENT BUSINESSES IN ALL FIFTY STATES. NFIB LOBBIES ON BEHALF OF SMALL AND INDEPENDENT BUSINESS AT THE FEDERAL LEVEL AND IN ALL FIFTY STATES. THROUGH ITS COMMUNICATION ACTIVITIES, NFIB ALSO PROVIDES ITS MEMBERS, ELECTED OFFICIALS, NEWS MEDIA AND THE GENERAL POPULATION WITH INFORMATION REGARDING THE IMPORTANCE OF SMALL AND INDEPENDENT BUSINESS AND THE VALUE OF THE FREE ENTERPRISE SYSTEM. false true true true false false false false false true false false true true true false true false false false false false true false false false true false true false false false false false false false false false false false true true true false true 168 0 true 1189 true true true false false false true true false X 15 14 false false false false false false false true true false false false true true true true true true true false CA FL X JEFF SMITH 6158725800 53 CENTURY BLVD SUITE 250 NASHVILLE TN 372143682 X DAVID M GUERNSEY CHAIRMAN 1.0 1.0 X 34000 0 203 PATTI BOSSERT DIRECTOR 1.0 1.0 X 17200 0 135 THOMAS MICHAEL NOBIS DIRECTOR 1.0 1.0 X 22663 0 203 MARIA COAKLEY DAVID DIRECTOR 1.0 1.0 X 22308 0 203 NEVIN GROCE DIRECTOR 1.0 1.0 X 22000 0 203 BETTY NEIGHBORS DIRECTOR 1.0 1.0 X 17571 0 203 KURT SUMMERS DIRECTOR 1.0 1.0 X 22433 0 203 JAMES HERR DIRECTOR 1.0 1.0 X 16200 0 203 BRUCE O'DONOGHUE DIRECTOR 1.0 1.0 X 17200 0 203 STEVE SCHRAMM DIRECTOR 1.0 1.0 X 17312 0 203 JEFF READY DIRECTOR 1.0 1.0 X 16200 0 203 JOSE VILLA DIRECTOR 1.0 1.0 X 17512 0 203 SHERRY WUEBBEN DIRECTOR 1.0 1.0 X 22312 0 203 TOM BRYCE DIRECTOR 1.0 1.0 X 17200 0 203 DONALD A DANNER PRESIDENT/CEO 36.0 4.0 X X 849211 0 33417 MARY BLASINSKY SVP/SECRETARY 36.0 4.0 X 327461 0 33821 TAMMY S BOEHMS SVP/CFO 36.0 4.0 X 399051 0 25409 JEFF SMITH TREASURER 36.0 4.0 X 184908 0 30196 JOHN CASELLA SVP SALES 40.0 0.0 X 336221 0 41592 STEPHEN WOODS SVP STATE PUBLIC POLICY 40.0 0.0 X 329843 0 34840 MARK GARZONE SVP MARKETING 40.0 0.0 X 336538 0 36071 SUSAN M ECKERLY SVP PUBLIC POLICY 37.0 3.0 X 306021 0 11433 VICTORIA WILLIS TELEPHONE REGION SALES DIR. 40.0 0.0 X 265899 0 15014 BEVERLY SHEA VP DEVELOPMENT 40.0 0.0 X 258257 0 22241 Lisa Goeas VP Political & Grassroots 40.0 0.0 X 257842 0 36289 4133363 0 323097 152 false true false Imagination Publishing LLC 600 W Fulton St Ste 600 CHICAGO IL 60661 Publishing 1852615 National Capital Teleservices LLC 300 5th Street NE WASHINGTON DC 20002 Telemarketing 1752296 CHERNOFF NEWMAN 1411 GERVAIS ST 5TH FLOOR COLUMBIA SC 29201 ADV/MARKETING 1036534 GOOGLE INC 1600 AMPHITHEATRE PKWY MOUNTAIN VIEW CA 94043 ADVERTISING 717549 Salesforcecom Inc The Landmark at One Market Ste 300 SAN FRANCISCO CA 94105 CRM 403047 26 583399 4987217 5570616 MEMBERSHIP DUES 541900 88098207 88098207 REGISTRATION FEE 541900 55576 55576 88153783 1047000 1047000 0 3606985 3606985 333372 140007 193365 0 193365 193365 21056733 17335380 20112 3721353 -20112 3701241 3701241 0 0 0 AFFILIATE MANAGEMENT INCOME 541900 1419561 1419561 SPONSORSHIP INCOME 541800 227111 227111 PERIODICAL ADVERTISING INCOME 541800 529489 529489 227722 64412 163310 2403883 104676873 88218195 2112360 8775702 379099 0 0 0 2910855 0 49047909 2755539 5242862 3849911 0 384479 101430 794142 1759623 218279 7228532 1078364 5448932 2426647 0 3254986 4532197 0 591744 20161 0 1578650 220339 UNRELATED BUS. INCOME TAX 102903 93927583 2071057 2195631 0 0 0 0 1210024 1554666 0 0 0 0 0 0 115122 120895 1145596 1371292 17634872 11998618 6154051 5636254 32510143 36834047 0 0 0 0 0 0 3433121 2841423 46639114 50554208 47093005 52986268 0 0 21090066 21656813 0 0 0 0 0 0 0 0 0 0 248599 228932 68431670 74872013 X -22492150 -24765176 699594 447371 0 0 -21792556 -24317805 46639114 50554208 X 10749290 -2252664 -11021875 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10000 10000 10000 true REPUBLICAN GOVERNORS ASSOCIATION 1747 PENNSYLVANIA AVE NW STE 250 WASHINGTON DC 20006 113655877 10000 false false false 93085424 42308696 42308696 47274356 -4965660 Schedule C Part I-A NFIB PAID MEMBERSHIP DUES TO A FEDERAL POLITICAL ORGANIZATION TO HELP GAIN insight to be used to enhance our programs furthering NFIB's mission to its members. 794900 794900 4874218 2811414 2062804 1057262 918540 138722 8290013 6132514 2157499 2618479 2136150 482329 5636254 ACCRUED INTEREST 93874 DUE FROM AFFILIATES 290821 DEPOSITS 195875 INVESTMENT IN AFFILIATE 1841148 CSV - LIFE INSURANCE POLICIES 419705 2841423 0 DUE TO AFFILIATES 143370 EXECUTIVE LIFE INS ANNUITY 85562 228932 X ASC TOPIC 740 FOOTNOTE SCHEDULE D, PART X, LINE 2 THE FEDERATION IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (THE CODE), AND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE FEDERATION IS, HOWEVER, SUBJECT TO FEDERAL AND STATE INCOME TAX ON UNRELATED BUSINESS INCOME. IN ADDITION TO DIGITAL ADVERTISING REVENUE, THE FEDERATION GENERATES INCOME FROM ADVERTISING ACTIVITIES RELATED TO THE NFIB MYBUSINESS MAGAZINE. ADVERTISING INCOME IS SUBJECT TO TAXATION UNDER SECTION 512 OF THE CODE AND RESULTED IN UNRELATED BUSINESS INCOME TAX EXPENSE OF $102,903 AND $112,316 FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013, RESPECTIVELY. THE FEDERATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013. X X X X true NATIONAL CAPITAL TELESERVICES LLC TELEMARKET FUNDRAISING false 2060762 1759623 301139 2060762 1759623 301139 FL true NFIB YOUNG ENTREPRENEUR FOUNDATION 53 CENTURY BLVD STE 250 NASHVILLE TN 37214 621557196 501(C)(3) 123121 GENERAL SUPPORT NFIB VOICE OF FREE ENTERPRISE INC 53 CENTURY BLVD STE 250 NASHVILLE TN 37214 273615830 501(C)(4) 180825 GENERAL SUPPORT BRYCE HARLOW FOUNDATION PO BOX 75652 BALTIMORE MD 21275 521266620 501(C)(3) 10000 GENERAL SUPPORT JUNIOR ACHIEVEMENT OF MIDDLE TENNESSEE INC 120 POWELL PLACE NASHVILLE TN 37204 620582571 501(C)(3) 7350 GENERAL SUPPORT Minnesota Action Network Inc PO Box 16285 St Paul MN 55116 460955647 501(c)(4) 10000 GENERAL SUPPORT Minnesota Jobs Coalition PO Box 40303 St Paul MN 55104 461726939 501(c)(4) 10000 GENERAL SUPPORT Republican Governor's Association 1747 Pennsylvania Ave NW Washington DC 20006 113655877 527 10000 GENERAL SUPPORT 5 7 SCHEDULE I, PART 1, LINE 2 NFIB PROVIDED GRANTS TO ITS AFFILIATED ORGANIZATIONS TO HELP FURTHER THE EXEMPT PURPOSE OF THOSE ORGANIZATIONS. NFIB ALSO MADE CONTRIBUTIONS TO CHARITABLE AND OTHER EXEMPT ORGANIZATIONS WHICH SHARE IN NFIB'S MISSION TO PROMOTE AND PROTECT THE RIGHTS OF SMALL BUSINESSES AND USE OF THESE FUNDS IS MONITORED ACCORDINGLY. X X X true true X X X X true true false DONALD A DANNER PRESIDENT/CEO 553052 0 136600 0 159559 0 11911 0 21506 0 882628 0 0 0 MARY BLASINSKY SVP/SECRETARY 230917 0 46420 0 50124 0 12071 0 21750 0 361282 0 0 0 TAMMY S BOEHMS SVP/CFO 302770 0 59130 0 37151 0 12327 0 13082 0 424460 0 0 0 JEFF SMITH TREASURER 166416 0 16400 0 2092 0 9807 0 20389 0 215104 0 0 0 JOHN CASELLA SVP SALES 263669 0 65663 0 6889 0 11681 0 29911 0 377813 0 0 0 STEPHEN WOODS SVP STATE PUBLIC POLICY 253416 0 50260 0 26167 0 12176 0 22664 0 364683 0 0 0 MARK GARZONE SVP MARKETING 277320 0 54640 0 4578 0 13738 0 22333 0 372609 0 0 0 SUSAN M ECKERLY SVP PUBLIC POLICY 106851 0 0 0 199170 0 3813 0 7620 0 317454 0 0 0 VICTORIA WILLIS TELEPHONE REGION SALES DIR. 183316 0 80750 0 1833 0 6188 0 8826 0 280913 0 0 0 BEVERLY SHEA VP DEVELOPMENT 233572 0 20565 0 4120 0 8957 0 13284 0 280498 0 0 0 Lisa Goeas VP Political & Grassroots 237890 0 17424 0 2528 0 7868 0 28421 0 294131 0 0 0 TRAVEL FOR COMPANIONS SCHEDULE J, PART 1, LINE 1A UPON APPROVAL, A BOARD MEMBER'S COMPANION TRAVEL EXPENSES PAID BY NFIB ARE INCLUDED IN THE BOARD MEMBER'S FORM 1099 AS TAXABLE INCOME. UPON APPROVAL, AN EMPLOYEE'S COMPANION TRAVEL EXPENSES PAID OR REIMBURSED BY NFIB ARE INCLUDED IN THE EMPLOYEE'S TAXABLE WAGES AS A TAXABLE "FRINGE BENEFIT" AND TREATED AS SALARY, SUBJECT TO WITHHOLDING, ON THE EMPLOYEE'S FORM W-2. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS SCHEDULE J, PART 1, LINE 1A NFIB HAS A NONQUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. PLAN PROVISIONS PROVIDE THAT ALL AFTER TAX BENEFITS BE GROSSED UP. THIS PLAN WAS CLOSED TO NEW PARTICIPANTS IN 2008. DISCRETIONARY SPENDING ACCOUNT SCHEDULE J, PART 1, LINE 1A AS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, THE COMPENSATION PACKAGE OF THE PRESIDENT SHALL INCLUDE CERTAIN ADDITIONAL PAYMENTS SUCH AS AUTO ALLOWANCE AND CELLULAR PHONE/DATA SERVICE ALLOWANCE. IN COMPLIANCE WITH IRS CODE SECTION 132 THESE FRINGE BENEFITS ARE TREATED AS TAXABLE SALARY, SUBJECT TO WITHHOLDING, ON THE EMPLOYEE'S FORM W-2. OFFICERS AND EXECUTIVE MANAGEMENT OF THE COMPANY RECEIVE CELLULAR PHONE/DATA SERVICE ALLOWANCE. IN COMPLIANCE WITH IRS CODE SECTION 132 THESE FRINGE BENEFITS ARE TREATED AS TAXABLE SALARY, SUBJECT TO WITHHOLDING, ON THE EMPLOYEE'S FORM W-2. SCHEDULE J, PART I, LINE 4A Susan Eckerly received severance payments per a separation agreement in the amount of $38,676.94 per month for a period of four and one-half months and one payment of $23,730.53. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B NFIB PROVIDES A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). THIS NONQUALIFIED PLAN COVERS DONALD A. DANNER, MARY BLASINSKY, TAMMY S. BOEHMS AND STEPHEN WOODS. PARTICIPATION IN THIS SERP HAS BEEN FROZEN AND FUTURE BENEFIT ACCRUALS FOR THE PLAN HAVE CEASED. FORM 990 PROVIDED TO GOVERNING BODY PART VI, SECTION B: POLICIES, LINE 11 Following an independent audit of the consolidated financial statements oF THE NATIONAL FEDERATION OF INDEPENDENT BUSINESS ("NFIB") AND ITS affiliates, a draft of NFIBs form 990 is prepared. THIS FORM 990 IS REVIEWED INTERNALLY BY NFIB'S TAX ACCOUNTANT, CONTROLLER/TREASURER, AND SVP/CFO. ANY QUESTIONS ARISING FROM THE INITIAL REVIEW ARE ADDRESSED TO ENSURE THE RETURN IS COMPLETE AND ACCURATE. ANY NECESSARY CHANGES/CORRECTIONS ARE MADE ON THE FORM 990 AND THE RETURN AGAIN GOES THROUGH NFIB'S INTERNAL REVIEW PROCESS. UPON APPROVAL OF THE SVP/CFO, THE RETURN IS REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE FINAL RETURN IS THEN FILED WITH THE INTERNAL REVENUE SERVICE. WRITTEN CONFLICT OF INTEREST POLICY PART VI, SECTION B: POLICIES, LINE 12 EVERY BOARD MEMBER, OFFICER, AND KEY EMPLOYEE OF NFIB IS REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. PROCESS OF DETERMINING COMPENSATION FOR OFFICERS AND OTHER KEY EMPLOYEES PART VI, SECTION B: POLICIES, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR THE CEO, CFO, SECRETARY, AND KEY EMPLOYEES OF THE ORGANIZATION. THE TREASURER'S COMPENSATION IS REVIEWED AND SET BY THE CEO. IN NOVEMBER 2014, AN OUTSIDE COMPENSATION CONSULTING FIRM WAS ENGAGED TO PROVIDE EXPERT ANALYSES REGARDING THE REASONABLENESS OF THE TOTAL COMPENSATION PACKAGE FOR THE EXECUTIVES OF NFIB AND ITS AFFILIATED ORGANIZATIONS. THE 2014-2015 RESULTS ALONG WITH AN IRC 4958 OPINION LETTER WERE PROVIDED TO THE CHAIRMAN OF THE BOARD FOR THE EXECUTIVE COMMITTEE AT THE FEBRUARY 2015 MEETING. THE COMMITTEE RELIES ON THIS INDEPENDENT REVIEW TO ENSURE THAT REASONABLE COMPENSATION IS PAID TO THE CEO, CFO, SECRETARY, AND KEY EMPLOYEES. THE COMMITTEE'S PHILOSOPHY IS TO ENSURE THAT THE COMPENSATION FOR THESE POSITIONS RELATIVE TO MARKET COMPARISONS IS COMPETITIVE IN ORDER TO ATTRACT, RETAIN AND MOTIVATE QUALIFIED EMPLOYEES WHILE NOT BEING AT THE TOP OF THE RANGE. THE COMMITTEE SETS THE COMPENSATION FOR THE CEO, CFO, SECRETARY, AND KEY EMPLOYEES EACH YEAR DURING THEIR MEETING WHICH IS TYPICALLY HELD IN FEBRUARY. MINUTES FROM THESE ANNUAL MEETINGS ARE TAKEN BY THE CORPORATE SECRETARY DURING THE MEETING. WHEN THE MINUTES ARE REVIEWED AND APPROVED, THEY ARE RETAINED WITH ALL OTHER CORPORATE RECORDS. DOCUMENTS AVAILABLE TO THE PUBLIC PART VI, SECTION C: DISCLOSURE, LINE 19 IT IS NFIB'S POLICY TO MAKE AVAILABLE FOR PUBLIC INSPECTION, UPON REQUEST, EITHER WRITTEN OR IN PERSON, ITS EXEMPTION APPLICATION, SUPPORTING DOCUMENTS AND ANY LETTER OR DOCUMENT ISSUED BY THE IRS CONCERNING THE APPLICATION. NFIB ALSO MAKES AVAILABLE FOR PUBLIC INSPECTION AND COPYING, UPON REQUEST, EITHER WRITTEN OR IN PERSON, ITS FEDERAL FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND ITS CONFLICT OF INTEREST POLICY. FUND BALANCE RECONCILIATION FORM 990, PART XI, LINE 9 EQUITY IN AFFILIATED ORGANIZATION (21,010) NET CHANGE IN PENSION AND POSTRETIREMENT BENEFIT PLANS (11,000,865) ----------- OTHER CHANGES IN FUND BALANCE (11,021,875) ============ NFIB SMALL BUSINESS LEGAL CENTER 53 CENTURY BLVD SUITE 250 NASHVILLE TN 37214 621570449 PUB. LAW FIRM TN 501(C)(3) 11A-TYPE I NFIB true NFIB RESEARCH FOUNDATION 53 CENTURY BLVD SUITE 250 NASHVILLE TN 37214 043592337 RESEARCH TN 501(C)(3) 11A-TYPE I NFIB true NFIB SAVE AMERICAS FREE ENTERPRISE TRUST 53 CENTURY BLVD SUITE 250 NASHVILLE TN 37214 942532364 PAC CA 527 NFIB true NFIB THE VOICE OF FREE ENTERPRISE INC 53 CENTURY BLVD SUITE 250 NASHVILLE TN 37214 273615830 SOC. WELFARE TN 501(C)(4) NFIB true NFIB YOUNG ENTREPRENEUR FOUNDATION 53 CENTURY BLVD SUITE 250 NASHVILLE TN 37214 621557196 EDUCATION TN 501(C)(3) 11A-TYPE I NFIB true NFIB MEMBER SERVICES CORPORATION 53 CENTURY BLVD SUITE 250 NASHVILLE TN 372143682 942899404 MEMBER BENEFITS CA NFIB C 3394053 2282198 true false true true false false true false false false false false true false true true true true true true NFIB YOUNG ENTREPRENEUR FOUNDATION LINE 123121 fmv NFIB THE VOICE OF FREE ENTERPRISE INC LINE 180825 fmv NFIB SAVE AMERICA'S FREE ENTERPRISE TRUST LINE 583399 FMV NFIB MEMBER SERVICES CORPORATION line 600000 fmv NFIB THE VOICE OF FREE ENTERPRISE INC LINE 147672 fmv NFIB MEMBER SERVICES CORPORATION LINE 1218381 FMV NFIB RESEARCH FOUNDATION LINE 150435 FMV NFIB SMALL BUSINESS LEGAL CENTER LINE 118071 FMV NFIB THE VOICE OF FREE ENTERPRISE INC line 53509 FMV NFIB RESEARCH FOUNDATION LINE 254103 FMV NFIB SMALL BUSINESS LEGAL CENTER LINE 253468 FMV NFIB MEMBER SERVICES CORPORATION LINE 747848 FMV NFIB YOUNG ENTREPRENEUR FOUNDATION LINE 270320 FMV NFIB THE VOICE OF FREE ENTERPRISE INC LINE 1444175 FMV