National Retail Federation Inc
- Assets
- $44.9m
- Revenue
- $48.7m
- Investments
- $0.0
- Employees
- 129
- Location
- Washington, DC
- Founding
- 08/1938
- Data as of
- 02/2022
- EIN
- 13-5582627
Organization Overview
National Retail Federation Inc is located in Washington, DC. The organization was established in 1938. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 02/2022, National Retail Federation Inc employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Retail Federation Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 02/2022, National Retail Federation Inc generated $48.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $51.5m during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NRF'S MISSION IS TO ADVANCE AND PROTECT THE INTERESTS OF THE RETAIL INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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, TRADE AND TAX POLICY, AMONG OTHERS.
NRF HELPS RETAILERS ACHIEVE EXCELLENCE IN ALL AREAS OF THEIR BUSINESS THROUGH ITS ANNUAL CONVENTION, 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 40,000 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew R Shay President And CEO | OfficerTrustee | 41.5 | $6,033,480 |
David French Svp, Government Relations | 50 | $929,117 | |
Stephanie Martz General Counsel | Officer | 41.5 | $707,524 |
Susan Newman Svp, Conferences | 50 | $439,124 | |
Artemis Sakell Senior Director, Exhibits | 50 | $418,708 | |
William Thorne Svp, Public Relations/ed, Nrff | 25 | $333,999 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Freeman Companies Show Management | 2/27/22 | $1,002,821 |
Bluetext Llc Marketing Strategy Consulting , Executio | 2/27/22 | $867,233 |
Craft Media Digital Llc Reconciliation Campaign | 2/27/22 | $729,200 |
Consovoy Mccarthy Pllc Reconciliation Campaign | 2/27/22 | $300,000 |
Tusk Strategies Llc Show Content Strategy | 2/27/22 | $480,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,105,707 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,105,707 |
| Total Program Service Revenue | $37,012,091 |
| Investment income | $1,051,888 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $640,915 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,884,015 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $48,694,616 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,636,909 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,559,461 |
| Pension plan accruals and contributions | $1,499,294 |
| Other employee benefits | $766,793 |
| Payroll taxes | $1,124,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,501,982 |
| Fees for services: Accounting | $99,836 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $72,922 |
| Fees for services: Other | $3,140,564 |
| Advertising and promotion | $1,833,117 |
| Office expenses | $2,431,192 |
| Information technology | $865,131 |
| Royalties | $0 |
| Occupancy | $2,767,920 |
| Travel | $375,423 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,372,334 |
| Interest | $817 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $752,999 |
| Insurance | $70,814 |
| All other expenses | $0 |
| Total functional expenses | $51,465,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,818,623 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,903,095 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $738,491 |
| Net Land, buildings, and equipment | $1,639,646 |
| Investments—publicly traded securities | $34,373,776 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,436,174 |
| Total assets | $44,909,805 |
| Accounts payable and accrued expenses | $12,785,316 |
| Grants payable | $0 |
| Deferred revenue | $10,432,309 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $2,500,000 |
| Other liabilities | $3,634,331 |
| Total liabilities | $29,351,956 |
| Net assets without donor restrictions | $15,557,849 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $44,909,805 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Retail Federation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
National Marine Manufacturers Association Inc Chicago, IL PURPOSE: GENERAL FUNDING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Bankers Association Washington, DC | $263,742,289 | $140,712,476 |
National Restaurant Association Washington, DC | $192,667,812 | $96,146,955 |
American Association Of State Highway & Transportation Officials Washington, DC | $177,160,624 | $97,013,353 |
American Beverage Association Washington, DC | $114,967,236 | $101,585,081 |
Credit Union National Association Inc Washington, DC | $67,388,582 | $69,543,852 |
Edison Electric Institute Washington, DC | $198,917,565 | $81,084,181 |
Investment Company Institute Washington, DC | $76,230,571 | $72,478,404 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
National Retail Federation Inc Washington, DC | $44,909,805 | $48,694,616 |
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |