National Pawnbrokers Association
- Assets
- $3.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 10
- Location
- Victor, NY
- Founding
- 08/1989
- Data as of
- 12/2022
- EIN
- 65-0002221
Organization Overview
National Pawnbrokers Association is located in Victor, NY. The organization was established in 1989. 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 12/2022, National Pawnbrokers Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Pawnbrokers Association 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 12/2022, National Pawnbrokers Association generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
TO REPRESENT AND SUPPORT INDEPENDENT PAWNBROKERS AND THEIR INTERESTS THROUGH EDUCATION, TRAINING, NETWORKING AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL PAWNBROKERS ASSOCIATION IS A TRADE ASSOCIATION THAT SUPPORTS INDEPENDENT PAWNBROKERS. THE ORGANIZATION OFFERS EDUCATION AND NETWORKING FOR ITS MEMBERS AND ADVOCATES FOR THE INDUSTRY AT THE NATIONAL LEVEL. THE ORGANIZATION SEEKS TO PROVIDE ITS MEMBERS WITH THE RESOURCES AND SUPPORT FOR ENHANCING THE IMAGE AND ACCEPTANCE OF PAWNBROKERS THROUGH ACTION, REPRESENTATION, AND BEST PRACTICES. THE ORGANIZATION PUBLISHES A "NATIONAL PAWNBROKER" MAGAZINE THAT IS PROVIDED TO APPROXIMATELY 1,400 MEMBERS AND 200 INDUSTRY PARTNERS TO EDUCATE PAWNBROKERS AND PROMOTE THE INDUSTRY. THE ORGANIZATION ALSO PROVIDES EDUCATIONAL CONFERENCES AND TRAINING SEMINARS TO INFORM MEMBERS OF METHODS TO IMPROVE THEIR PAWNBROKERS BUSINESSES. THE ORGANIZATION PUBLISHES A NEWSLETTER TO ITS MEMBERS TO INFORM THEM OF UPCOMING CONFERENCES AND TRAINING SEMINARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Boyd Naylor President | OfficerTrustee | 1 | $0 |
Kerry Rainey Past Preside | OfficerTrustee | 1 | $0 |
Johnny Whiteside Vice Preside | OfficerTrustee | 1 | $0 |
Chad Carter Secretary | OfficerTrustee | 1 | $0 |
Michael Goldstein Treasurer | OfficerTrustee | 1 | $0 |
Beth Anundi Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cliff Andrews Capcity Advocates Llc Lobbyist | 12/30/22 | $270,000 |
Sarah Jane Hughes Regulatory Coun | 12/30/22 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,739,758 |
| Investment income | $69,762 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,876,438 |
| 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. | $166,772 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $254,630 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,395 |
| Payroll taxes | $41,433 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $270,000 |
| Fees for services: Accounting | $67,366 |
| Fees for services: Lobbying | $270,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,092 |
| Fees for services: Other | $301,958 |
| Advertising and promotion | $17,224 |
| Office expenses | $56,015 |
| Information technology | $28,860 |
| Royalties | $0 |
| Occupancy | $1,592 |
| Travel | $40,801 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $408,820 |
| Interest | $117 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,185 |
| All other expenses | $9,672 |
| Total functional expenses | $2,117,912 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $319,556 |
| Savings and temporary cash investments | $77,166 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $120,050 |
| Net Land, buildings, and equipment | $6,334 |
| Investments—publicly traded securities | $3,018,720 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,541,826 |
| Accounts payable and accrued expenses | $32,930 |
| Grants payable | $0 |
| Deferred revenue | $697,674 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $730,604 |
| Net assets without donor restrictions | $2,808,983 |
| Net assets with donor restrictions | $2,239 |
| 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 | $3,541,826 |