2013-01-14T14:52:39-06:00 2012-02-29 861065772 DELOITTE TAX LLP 111 S WACKER DRIVE CHICAGO IL 606064301 990 2011-03-01 135582627 NATIONAL RETAIL FEDERATION INC NATI 2027837971 LIBERTY PLACE 325 7TH ST NW NO 1100 WASHINGTON DC 20004 CARLEEN C KOHUT 2027837971 2013-01-14 1 MARY E RAUSCHENBERG 3124861000 2011 2016-02-25 16:41:14Z MATTHEW SHAY LIBERTY PLACE 325 7TH ST NW NO 1100 WASHINGTON DC 20004 69144114 0 X WWW.NRF.COM X 1911 NY NRF'S MISSION IS TO ADVANCE AND PROTECT THE INTERESTS OF THE RETAIL INDUSTRY (SEE SCHEDULE O) AND TO HELP RETAILERS ACHIEVE EXCELLENCE IN ALL AREAS OF THEIR BUSINESS. 44 43 110 4000 39000 19088 6999710 7011558 23630295 26684801 1642705 1752571 90249 90219 32362959 35539149 0 9738 0 0 13962147 12681247 0 0 0 15390929 18852283 29353076 31543268 3009883 3995881 52286196 58278304 15660769 18997810 36625427 39280494 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 PRODUCT SAFETY, INTERNATIONAL TRADE, 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 TECHNOLOGY, E-COMMERCE, LOSS PREVENTION AND MARKETING, THE EVENTS ATTRACTS MORE THAN 30,000 INDUSTRY PROFESSIONALS ANNUALLY. NRF HELPS ITS MEMBERS ACHIEVE EXCELLENCE IN THEIR BUSINESS THROUGH INFORMATION DISSEMINATION ON TOPICS THAT RANGE FROM ORGANIZED RETAIL CRIME TO E-COMMERCE SALES TRENDS; 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; AND DEVELOPMENT OF INDUSTRY STANDARDS THAT REDUCE THE COST OF TECHNOLOGY. THE WORK IS CONDUCTED BY OVER 50 INDUSTRY COUNCILS AND TASK FORCES. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 91 0 1 110 1 1 1 0 0 0 0 0 0 X 44 43 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X CARLEEN KOHUT 2027837971 325 7TH ST NW WASHINGTON DC 20004 X THOMAS G BATA 0.50 X 0 0 0 H JAMES BAUM 1.00 X 0 0 0 ROBERT M BEALL II 1.00 X 0 0 0 ARTEM A BEKTEMIROV 0.50 X 0 0 0 BYRON L BERGEN 0.50 X 0 0 0 CEM BOYNER 0.50 X 0 0 0 CLAUDIO DEL VECCHIO 1.00 X 0 0 0 BRIAN K DEVINE 0.50 X 0 0 0 ROGER N FARAH 1.00 X 0 0 0 JOE FLANNERY 0.50 X 0 0 0 MINDY GROSSMAN 1.00 X 0 0 0 PHILIPPE HOUZE 0.50 X 0 0 0 M FAROOQ KATHWARI 1.00 X 0 0 0 DANIEL SC KOO 1.00 X 0 0 0 KAY LAWTHER KRILL 0.50 X 0 0 0 KEITH LIPERT 0.50 X 0 0 0 MARTY P ALBERTSON 0.50 X 0 0 0 BILL GONZALEZ 0.50 X 0 0 0 DAVID JAFFE 0.50 X 0 0 0 KAREN KATZ 1.00 X 0 0 0 CRAIG LEVRA 0.50 X 0 0 0 KAREN LOWE 0.50 X 0 0 0 LOVRO MANDAC 0.50 X 0 0 0 RAMON MARTIN 0.50 X 0 0 0 WILLIAM MCCOMB 0.50 X 0 0 0 CHRIS MCCORMICK 0.50 X 0 0 0 MITCHELL MODELL 0.50 X 0 0 0 BOB MYERS 0.50 X 0 0 0 ALISON PAUL 0.50 X 0 0 0 JORGE PONT 0.50 X 0 0 0 DAVID RATNER 0.50 X 0 0 0 DARYL ROUTZAHN 1.00 X 0 0 0 RON SACINO 1.00 X 0 0 0 GORDON I SEGAL 1.00 X 0 0 0 LAURA SEN 0.50 X 0 0 0 EDWARD STACK 0.50 X 0 0 0 TRUDY SULLIVAN 0.50 X 0 0 0 JAMES WRIGHT 1.00 X 0 0 0 TIM BELK 1.00 X 0 0 0 ARNOLD ZETCHER 0.50 X 0 0 0 ROBERT M BENHAM 1.00 X X 0 0 0 TERRY J LUNDGREN 1.00 X X 0 0 0 STEPHEN SADOVE 1.00 X X 0 0 0 KIP TINDELL 1.00 X X 0 0 0 MATTHEW R SHAY 50.00 X X 852023 0 72653 CARLEEN KOHUT 50.00 X 324332 0 83310 MALLORY B DUNCAN 50.00 X 327936 0 89372 ERICK AUTOR 50.00 X 239462 0 64776 RACHELLE BERNSTEIN 50.00 X 229189 0 62725 DAVID FRENCH 50.00 X 273255 0 34423 SUSAN NEWMAN 50.00 X 218110 0 54932 ROBERT GREEN 50.00 X 245678 0 67686 2709985 0 529877 31 0 1 0 LEVY RESTAURANTS 415 SUMMER STREET BOSTON MA 02210 CONVENTION SERVICES 526565 CENTERPLATE 201 E BROAD ST SPARTANBURG SC 29306 CONVENTION SERVICES 519536 MADER CONSULTING SERVICES INC 2 OAK PLACE BERNVILLE PA 19506 CONSULTING SERVICES 440501 PRICE WATERHOUSE LLP PO BOX 7247-8001 PHILADELPHIA PA 191708001 CONSULTING SERVICES 239000 YOUNG & RUBICAM INC PO BOX 933169 ATLANTA GA 311933169 CONSULTING SERVICES 173308 13 7011558 7011558 EVENTS 900099 26204071 26204071 MEMBER PROGRAMS 900099 447460 408460 39000 SPECIAL PROJECTS 900099 33270 33270 26684801 613882 613882 90219 90219 34743654 33598507 6458 1145147 -6458 1138689 1138689 35539149 27784490 39000 704101 9738 1482520 8267184 1849341 376440 705762 90594 59905 1212922 96266 2454607 42068 1228287 44266 1369322 410359 10433148 5297 356840 52825 PROJECT EXPENSE 294022 DUES 203848 BUS & REPRESENTATION 127929 BAD DEBT EXPENSE 60000 309778 31543268 4598388 5030147 1205409 1306751 937667 910277 2200054 1560260 573244 639794 19212616 22937394 25758872 27453941 52286196 58278304 1350288 3276291 9035015 8407588 5275466 7313931 15660769 18997810 X 36625427 39280494 0 0 36625427 39280494 52286196 58278304 X 3995881 -1340814 X X 0 1 1 X 0 0 0 1 7011558 3219635 227735 3447370 2835592 611778 PART IV, SUPPLEMENTAL INFORMATION: A LARGE AMOUNT OF NRF'S DIRECT AND GRASSROOTS LOBBYING ACTIVITIES ARE PERFORMED BY NRF'S STAFF OF LOBBYISTS. 630051 488200 141851 680261 299932 380329 889742 772128 117614 639794 EQUITY INSTRUMENTS 22811841 F MONEY MARKET FUNDS 125553 F 22937394 INVESTMENT IN SUBSIDIARY 27444786 OTHER ASSETS 9155 27453941 PENSION LIABILITY 5887861 DEFERRED COMPENSATION 340162 ACCRUED RENT 401006 LEASES PAYABLE 74918 POST RETIREMENT HEALTH INSURANCE LIABILITY 609984 7313931 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: NRF HAS EVALUATED THE EFFECT OF THE STANDARD ASC 740 [ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES] AND HAS DETERMINED THAT THE ADOPTION OF THIS GUIDANCE RESULTED IN NO CHANGE TO THE BEGINNING BALANCE OF NET ASSETS AND DID NOT HAVE ANY MATERIAL IMPACT ON NRF'S STATEMENT OF ACTIVITIES. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES VARIOUS EDUCATIONAL MEETINGS CONDUCTED FOR INTERNATIONAL RETAILERS 15909 0 0 0 0 0 0 15909 0 15909 0 0 0 0 0 0 1 X 0 0 X X X 1 1 X X X X X X 0 1 0 MATTHEW R SHAY 604032 0 240000 0 7991 0 12250 0 60403 0 924676 0 0 0 CARLEEN KOHUT 324332 0 0 0 0 0 50810 0 32500 0 407642 0 0 0 MALLORY B DUNCAN 322417 0 0 0 5519 0 57130 0 32242 0 417308 0 0 0 ERICK AUTOR 239462 0 0 0 0 0 40673 0 24103 0 304238 0 0 0 RACHELLE BERNSTEIN 229189 0 0 0 0 0 39385 0 23340 0 291914 0 0 0 DAVID FRENCH 273255 0 0 0 0 0 6750 0 27673 0 307678 0 0 0 SUSAN NEWMAN 213110 0 5000 0 0 0 33232 0 21700 0 273042 0 0 0 ROBERT GREEN 245650 0 0 0 28 0 43121 0 24565 0 313364 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL IS PROVIDED ON AN TO NRF EMPLOYEES 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 PARTICPATION IN A LIMITED NUMBER OF EVENTS THROUGHOUT THE YEAR. THIS IS A BUSINESS REQUIREMENT AND AS SUCH IS NOT REPORTED ON A W-2. CLUB DUES WERE PAID ON BEHALF OF ONE HCE. THE AMOUNTS WERE NOT INCLUDED IN HIS W-2 WAGES BECAUSE THE CLUB MEMBERSHIP WAS FOR BUSINESS USE ONLY; NO PERSONAL USE WAS PERMITTED. PART I, LINE 4B MATTHEW SHAY PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN DURING THE FY ENDED 2/29/2012. NO PAYMENTS WERE MADE FROM THESE PLANS DURING THE CURRENT YEAR. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING PERSONS SERVE THE BOARD OF NRF AND NRF ENTERPRISES, A RELATED FOR-PROFIT ORGANIZATION: H. JAMES BAUM ROBERT M. BEALL, II ROBERT M. BENHAM CLAUDIO DEL VECCHIO ROGER N. FARAH MINDY GROSSMAN M. FAROOQ KATHWARI DANIEL S.C. KOO KAREN KATZ DARYL ROUTZAHN RON SACINO STEPHEN SADOVE GORDON I. SEGAL KIP TINDELL JAMES WRIGHT TIM BELK TERRY J. LUNDGREN MATTHEW R. SHAY 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 11 NRF'S FINANCE COMMITTEE IS A STANDING COMMITTEE OF THE BOARD OF DIRECTORS AND IS RESPONSIBLE FOR FINANCIAL AND ACCOUNTING MATTERS FOR 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 FORM 990 WITH NRF MANAGEMENT AND THEN PRESENTS ITS FINDINGS AND RECOMMENDATIONS FOR APPROVAL TO THE BOARD OF DIRECTORS. UPON APPROVAL, THE FORM 990 IS SIGNED BY NRF'S CHIEF OPERATING OFFICER AND TAX ADVISOR, DELOITTE TAX, AND FILED ON A TIMELY BASIS. FORM 990, PART VI, SECTION B, LINE 12C NRF PERIODICALLY REVIEWS ITS BUSINESS ETHICS & EMPLOYEE CONDUCT POLICY WITH STAFF AND REQUIRES EMPLOYEES TO ANNUALLY CERTIFY THEIR COMPLIANCE WITH THE POLICY. 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 & 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 OFINCORPORATION ARE ON FILE WITH THE STATE OF NEW YORK AND ADDITIONALGOVERNANCE INFORMATION IS CONTAINED IN THE FORM 990. NRF'S CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. HOURS DEVOTED TO A RELATED ORGANIZATION FORM 990, PART VII BETWEEN 17% TO 18% OF EACH OFFICER'S TIME IS DEVOTED TO THE ACTIVITIES OF NRF'S SUBSIDIARY, NRF ENTERPRISES. A CORRESPONDING PORTION OF THE SALARIES REFLECTED ON SCHEDULE J WERE DEDUCTED BY NRF ENTERPRISES ON ITS 2011 FORM 1120. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -943,046. DIVIDEND INCOME/RETURN OF CAPITAL 1,000,000. OCI -1,397,768. TOTAL TO FORM 990, PART XI, LINE 5: -1,340,814. EXPLANATION OF FINANCIAL STATEMENTS: FORM 990, PART XII, LINE 2A & 2B: 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 AND SUBSIDIARY. NRF FOUNDATION 325 7TH STREET NW WASHINGTON DC 20004 521224690 SUPPORTS THE ACTIVITIES OF THE NRF DC 501(C)(3) LINE 11, TYPE III-FI N/A 0 NRF POLITICAL ACTION COMMITTEE 325 7TH STREET NW WASHINGTON DC 20004 POLITICAL ACTION COMMITTEE DC 527 N/A 1 NRF ENTERPRISES INC 325 7TH ST NW WASHINGTON DC 20004 131985451 PUBLICATIONS DC N/A C 1772161 1512173 1.00000 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 1 NRF ENTERPRISES B 1219288 COST NRF FOUNDATION K 13465 COST NRF ENTERPRISES P 608324 COST NRF FOUNDATION P 480629 COST NRF FOUNDATION Q 212726 COST NRF ENTERPRISES R 1000000 FAIR MARKET VALUE