2012-07-30T14:12:47-05:00 2011-12-31 221655803 DORFMAN ABRAMS MUSIC LLC 250 PEHLE AVE SUITE 702 SADDLE BROOK NJ 07663 990 2011-01-01 131496862 CRAFT AND HOBBY ASSOCIATION CRAF 2018351200 319 EAST 54TH STREET ELMWOOD PARK NJ 07407 ANDREJ SUSKAVCEVIC 2018351200 2012-07-25 1 ANDREW SILVERSTEIN CPA P00359249 2014039750 2011 2016-02-24 21:20:13Z ANDREJ SUSKAVCEVIC 319 EAST 54TH STREET ELMWOOD PARK NJ 07407 6290290 0 X WWW.CRAFTANDHOBBY.ORG X 1955 IL TO STIMULATE THE SALES GROWTH OF THE CRAFT AND HOBBY INDUSTRY WORLDWIDE 18 17 25 0 53852 -11171 0 0 6935220 6191704 105970 98586 165000 0 7206190 6290290 0 0 0 0 2758665 3070949 0 0 0 4243881 3706707 7002546 6777656 203644 -487366 6894230 6216488 4571011 4391831 2323219 1824657 X THE ASSOCIATION EXISTS TO CREATE AN ENVIRONMENT THAT SUPPORTS AND PROMOTES ITS MEMBERS' FINANCIAL SUCCESS. ITS GOAL IS TO STIMULATE THE SALES GROWTH OF THE CRAFT AND HOBBY INDUSTRY WORLDWIDE BY CREATING CONSUMER DEMAND, HELPING MEMBERS SUCCEED AND LEADING THE INDUSTRY. 0 0 WINTER AND SUMMER TRADE SHOWS - TO ORGANIZE, PROMOTE AND HOLD MAJOR EVENTS THAT PROMOTE THE CRAFT AND HOBBY INDUSTRY GROWTH THROUGH WINTER AND SUMMER TRADE SHOWS, WHICH HOST OVER 11,000 PEOPLE FROM AROUND THE GLOBE. EDUCATIONAL PROGRAMS FOR MEMBERS AND ATTENDEES AT THE TRADE SHOWS - TO PROVIDE YEAR ROUND EDUCATIONAL PROGRAMS AND NETWORKING OPPORTUNITIES FOR OUR MEMBERS AND TRADE SHOW ATTENDIES THAT ENHANCE THEIR KNOWLEDGE AND SKILLS NECESSARY FOR SUCCESS IN THE CRAFTS INDUSTRY. PUBLIC RELATIONS EFFORTS TO PROMOTE INTEREST IN THE CRAFT INDUSTRY - TO PROMOTE THE INTEREST IN THE CRAFT INDUSTRY THROUGH SPONSORSHIP OF CONSUMER EVENTS AS WELL AS PROVIDING TOOLS TO RETAIL MEMBERS DURING NATIONAL CRAFT MONTH AND CELEBRATE THE SEASONS. GROWTH OF THE CANADA MARKET 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 1 80 0 1 25 1 1 1 0 0 0 0 1 0 X 18 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X NATALIE COHN VP-FINANCE AND ADMIN 2018351208 319 EAST 54TH STREET ELMWOOD PARK NJ 07407 RICHARD BROWN 5.00 X 0 0 0 MICHAEL BIRKHOLM 10.00 X X 0 0 0 MAUREEN RUTH 5.00 X 0 0 0 GEORGEANNE BENDER 5.00 X 0 0 0 MARK HILL 5.00 X 0 0 0 MARK PETERS 10.00 X X 0 0 0 MICHAEL MCCOOEY 10.00 X X 0 0 0 LARRY OLLIGES 10.00 X X 0 0 0 JOHN LAURIE 5.00 X 0 0 0 ROBERT BOSTICK 5.00 X 0 0 0 DAVID MURRAY 5.00 X 0 0 0 CHUCK MCGONIGLE 5.00 X 0 0 0 SARA DAVIES 5.00 X 0 0 0 KIM DONAHUE 5.00 X 0 0 0 EMMA GEBO 5.00 X 0 0 0 JULIE STEPHANI 5.00 X 0 0 0 RIDDI KLINE 5.00 X 0 0 0 PAUL LAPLANTE 5.00 X 0 0 0 JAN KAHN 5.00 X 0 0 0 STEVEN BERGER 35.00 X 402653 0 44993 NATALIE COHN 35.00 X 161910 0 27690 ANTHONY LEE 35.00 X 223556 0 25757 SANDRA GHEZZI 35.00 X 170079 0 33043 958198 0 131483 4 0 1 0 EXPOLOGIC 820 PARK WAY BROOMALL PA 19008 REGISTRATION SYSTEMS 235978 IPSOS PO BOX 36076 NEWARK NJ 07188 MARKET RESEARCH 233750 ROSEMONT EXPEDITION SERVICES 9291 WEST BRYN MAWR ROSEMONT IL 60018 EXPOSITION SERVICES 189268 PATERSON BACH 2600 MAITLAND CTR PKSY 360 MAITLAND FL 32751 ADVERTISING AND PROMOTION 181365 GES 7050 LINDELL RD LAS VEGAS NV 89118 EXPOSITION SERVICES 139505 7 TRADE SHOW 900099 4823829 4823829 MEMBERSHIP 900099 1063112 1063112 EDUCATION 900099 227852 227852 AFFINITY PROGRAMS 541800 53852 53852 23059 23059 6191704 98586 98586 6290290 6137852 53852 98586 1080211 1468117 91043 235155 196423 76822 24000 688083 102772 35773 136658 374878 2256 142672 56068 EXHIBIT EXPENSES 1047190 RESEARCH 260191 PRINTING EXPENSE 173978 CREDIT CARD AND BANK FE 135234 450132 6777656 106 86 1725838 1439800 30801 34238 824320 930396 2151079 1567157 702696 583922 3586046 3184850 24423 43196 6894230 6216488 598274 871178 3972737 3520653 4571011 4391831 X 2171884 1808170 151335 16487 2323219 1824657 6894230 6216488 X -487366 -11196 X 0 1 1 X 0 0 1 0 1 23500 23500 263591 259856 3735 670702 200350 470352 1193286 1106951 86335 583922 CERTIFICATES OF DEPOSIT 3184850 F 3184850 6290290 6777656 -487366 -11196 -11196 -498562 6279094 -11196 -11196 6290290 0 6290290 6777656 0 6777656 0 6777656 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: AS OF DECEMBER 31, 2011, MANAGEMENT BELIEVES THAT BASED ON EVALUATION OF THE ASSOCIATIONS TAX POSITIONS THAT ANY ADDITIONAL LIABILITY AS A RESULT OF UNCERTAIN TAX POSITIONS WOULD NOT BE MATERIAL. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS TO ASSIST IN EVALUATING THE ASSOCIATIONS TAX POSITIONS. ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY, WOULD BE RECOGNIZED AS PART OF THE INCOME TAX PROVISION. INCOME TAX RETURNS ARE FILED IN THE U.S. FEDERAL JURISDICTION AND STATE JURISDICTIONS. U.S. FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2008 ARE CLOSED. NORTH AMERICA 1 1 TO DEVELOP AND ADVANCE THE CANADIAN CRAFT AND HOBBY INDUSTRY. TO INCREASE CANADIAN MEMBERSHIP. 134848 1 1 0 0 1 1 134848 0 134848 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: A FULL TIME CONSULTANT IS ASSIGNED TO CANADA AND IS RESPONSIBLE FOR INCREASING MEMBERSHIP IN THAT COUNTRY. X X X 1 1 X X X X X 1 0 0 STEVEN BERGER 332710 0 48976 0 20967 0 24365 0 20628 0 447646 0 0 0 NATALIE COHN 136910 0 25000 0 0 0 6623 0 21067 0 189600 0 0 0 ANTHONY LEE 193033 0 30523 0 0 0 19227 0 6530 0 249313 0 0 0 SANDRA GHEZZI 154234 0 15845 0 0 0 20002 0 13041 0 203122 0 0 0 PART I, LINE 4A STEVEN BERGER, FORMER CEO, $258,000 SUPPLEMENTAL INFORMATION PART III PART I, LINE 1A: TRAVEL IS PROVIDED BY THE ASSOCIATION FOR THE SPOUSE OF THE CEO. THE SPOUSE PROVIDES ADMINISTRATION AND MARKETING SUPPORT TO THE ASSOCIATION DURING TRADE SHOWS AND CONFERENCE EVENTS. SUBSTANTIATION IS REQUIRED BEFORE THE PAYMENT OF ANY REIMBURSEMENTS. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS RELATING TO CEO INSURANCE POLICIES ARE INCLUDED IN CEO COMPENSATION. CEO RECEIVES DISCRETIONARY CAR ALLOWANCE. THIS ALLOWANCE IS INCLUDED IN CEO COMPENSATION. KIZER & BENDER BOARD MEMBER - DIRECTOR 17371 PAYMENT FOR SPEAKING SERVICES AT TRADE SHOWS. 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION MEMBERSHIP SHALL BE OPEN TO ANY COMPANY OR ORGANIZATION ENGAGED IN THE CRAFT AND HOBBY INDUSTRY. THE MEMBERSHIP SHALL CONSIST OF THE FOLLOWING CATEGORIES: RETAILER, SUPPLIER, AND PROFESSIONAL. THE THREE CLASSES OF MEMBERSHIP ARE VOTING, AFFILIATE AND HONORARY MEMBERSHIPS. FORM 990, PART VI, SECTION A, LINE 7A THE ELECTED OFFICERS OF THIS ASSOCIATION SHALL BE THE BOARD CHAIR/CHIEF GOVERNANCE OFFICER (CGO), THE VICE-CHAIR OF THE BOARD AND THE SECRETARY, TO BE ELECTED BY THE BOARD OF DIRECTORS AT THE REGULARLY SCHEDULED FALL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS ARE INVOLVED IN THE APPROVAL OF NEW DIRECTORS ELECTED TO THE BOARD. ALL OTHER DECISIONS ARE MADE BY THE BOARD OF DIRECTORS ON BEHALF OF THE ORGANIZATION'S MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 ANNUALLY THE BOARD OF DIRECTORS MEET TO REVIEW AND APPROVE THE ASSOCIATION'S FINANCIAL STATEMENTS AND FORMS 990 AND 990-T. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE BOARD REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE BOARD APPROVES THE CHIEF EXECUTIVE OFFICER'S COMPENSATION BASED UPON INFORMATION OBTAINED FROM AN INDEPENDENT SALARY CONSULTANT, SURVEYS AND OTHER INFORMATION OBTAINED REGARDING COMPENSATION FROM LIKE ORGANIZATIONS. THE COMPENSATION COMMITTEE ALSO ESTABLISHES AN ACCEPTABLE COMPENSATION RANGE FOR THE SENIOR EXECUTIVES AND ANY OTHER KEY EMPLOYEE WITH A TOTAL COMPENSATION OF OVER $150,000 BASED ON COMPARATIVE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE EXACT DETERMINAITON OF SENIOR EXECUTIVE COMPENSATION IS DELEGATED TO THE CHIEF EXECUTIVE OFFICER THROUGH ESTABLISHED POLICIES OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -11,196. HIA FOUNDATION 319 E 54TH STREET ELMWOOD PARK NJ 07407 223431594 TO FUND EDUCATION PROGRAMS RELATED TO THE CRAFT AND HOBBY INDUSTRY NJ 501 (C)(3) 170 (B)(1)(A)VI N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 HIA FOUNDATION K CASH HIA FOUNDATION M CASH HIA FOUNDATION N CASH HIA FOUNDATION P CASH