North American Home Furnishings Association

Organization Overview

North American Home Furnishings Association is located in Carmichael, CA. The organization was established in 1966. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, North American Home Furnishings Association employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North American Home Furnishings 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 12/2021, North American Home Furnishings Association generated $5.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION SERVES THE NEEDS AND INTERESTS OF HOME FURNISHINGS RETAILER MEMBERS ACCROSS ALL 50 STATES BY PROVIDING PROGRAMS, RESOURCES, SERVICES AND A UNIFIED VOICE IN GOVERNMENT RELATIONS BY PARTNERING WITH HOME FURNISHINGS' INDUSTRY SUPPLIERS, VENDORS, AFFILIATES AND OTHER ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NAHFA OFFERED HOME FURNISHINGS MARKET TRADE SHOWS, AN ANNUAL CONFERENCE, EDUCATIONAL WEBINARS AND NUMEROUS REGIONAL EVENTS/MEETINGS TO IMPROVE THE BUSINESS OPPORTUNITIES AND MANAGEMENT PRACTICES OF MEMBERS.


NAHFA PROVIDED INFORMATION AND PUBLICATIONS FOR MEMBERS INCLUDING A HIGH-QUALITY MAGAZINE CALLED RETAILERNOW WITH INSIGHTS FOR TODAY'S HOME FURNISHINGS PROFESSIONAL. THIS MAGAZINE HAS AS ONE OF ITS SEVERAL GOALS TO ELEVATE AND INSPIRE THE HOME FURNISHINGS INDUSTRY TO THINK ABOUT TRADITIONAL BOUNDARIES AND EXPAND CONVERSATIONS TO CREATE THE VISION THAT WILL SHAPE THE FUTURE OF THE RETAIL HOME FUNISHINGS INDUSTRY. OTHER INFORMATION AND PUBLICATIONS INCLUDE A RETAILER RESOURCE GUIDE, GENERAL BUSINESS RESOURCES INCLUDING WORKPLACE SAFETY-RELATED ARTICLES, AND A CURRENT AND DIVERSE CONTENT-RICH BLOG PROVIDING INFORMATION ABOUT ADVERTISING AND MARKETING, CASE STUDIES, COMMUNITY TODAY, CONSUMER BEHAVIOR AND CURRENT NEWS; ALL OF WHICH ARE RELATED TO IMPROVING THE BUSINESS OPPORTUNITIES AND MANAGEMENT PRACTICES OF RETAIL HOME FURNISHINGS INDUSTRY MEMBERS.


NAHFA CONDUCTED GOVERNMENT RELATIONS ACTIVITIES FOCUSING ON RETAIL HOME FURNISHINGS INDUSTRY MARKETPLACE ISSUES RELATED TO SALES TAX COLLECTION, INTERCHANGE FEES ON BANKCARD PROCESSING, EPA REGULATIONS, DEPARTMENT OF TRANSPORTATION REGULATIONS, HEALTHCARE REFORM, TAX REFORM AND OTHER ISSUES OF INTEREST TO RETAIL HOME FURNISHINGS INDUSTRY MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Schumacher
CEO
$163,421
Shannon Williams
COO
$156,825
Jesus Capo
Chairman
$0
David Gunn
President
$0
Jim Fee
Chairman
$0
Travis Garrish
Vice President
$0

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$2,894,032
Investment income $271,907
Tax Exempt Bond Proceeds $0
Royalties $241,816
Net Rental Income $46,158
Net Gain/Loss on Asset Sales $964,142
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,041,631

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