2024-04-08T11:52:28-05:00 2023-06-30 946214841 ARMANINO LLP 6 CITYPLACE DRIVE SUITE 900 ST LOUIS MO 63141 990 2022-07-01 222864272 NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS INC NATI 3149919000 1181 CORPORATE LAKE DRIVE ST LOUIS MO 63132 WES SMITH PRESIDENT & CEO 3149919000 2024-04-04 1 WES SMITH 999009999 0 JENNIFER M VACHA P01251998 3149831200 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WES SMITH 1181 CORPORATE LAKE DRIVE ST LOUIS MO 63132 11467486 0 X WWW.NAED.ORG X 1908 CT PROVIDE MEMBERS WITH TOOLS TO ASSIST THEM AND IMPROVE THE ELECTRICAL DISTRIBUTION CHANNEL 13 13 39 351 991486 0 1054044 0 8748088 11091455 778785 157224 0 0 10580917 11248679 0 0 0 0 4456235 5129670 0 0 0 5285616 6087898 9741851 11217568 839066 31111 12015051 13566727 2982832 4144248 9032219 9422479 X THE NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS IS THE VOICE OF ELECTRICAL DISTRIBUTION PROVIDING MEMBERS WITH THE BEST IN TOOLS, INFORMATION, AND ASSISTANCE TO HELP THEM THRIVE FINANCIALLY AND TO IMPROVE THE ELECTRICAL DISTRIBUTION CHANNEL. THIS IS ACCOMPLISHED THROUGH PROMOTION OF NETWORKING, ADVOCACY, EDUCATION, AND DEFINED STANDARDS. 0 0 NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS (NAED) DISTRIBUTES INFORMATION WITH RESPECT TO WHOLESALE ELECTRICAL DISTRIBUTION BY MEANS OF DIGITAL ISSUES AVAILABLE VIA NAED'S WEBSITE TO OUR 10,069 DIGITAL SUBSCRIBERS. AN ADDITIONAL 750 COPIES ARE SENT TO OTHERS DURING THE YEAR. NAED HOLDS CONFERENCES TO FOSTER AND PROMOTE FRIENDLY RELATIONS BETWEEN ELECTRICAL DISTRIBUTIORS AND OTHERS ENGAGED IN THE INDUSTRY TO WORK FOR IMPROVEMENT IN THE QUALITY OF MERCHANDISE AND SERVICES PERFORMED. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 93 0 1 39 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X THE ORGANIZATION 3149919000 1181 CORPORATE LAKE DRIVE ST LOUIS MO 63132 THOMAS NABER NAED PRESIDENT & CEO (RES. 06/23) 39.00 1.00 X X 590260 0 37922 JOHN CAIN CHAIR 1.00 0.00 X X 0 0 0 JAMES SMITH FORMER PAST CHAIR (EFF. 05/23) 1.00 0.00 X 0 0 0 GEORGE VORWICK FORMER PAST CHAIR (TERM 05/23) 1.00 0.00 X 0 0 0 PAUL KENNEDY SEC VP/CHAIR ELECT (EFF. 05/23) 1.00 0.00 X X 0 0 0 TREAVOR PETERSON LEAD CHAIR (TERM 05/23) 1.00 0.00 X 0 0 0 PHIL HALE NERF CHAIR (EFF. 05/23) 1.00 1.00 X 0 0 0 KYLE KRIZAN NERF PAST CHAIR (EFF. 05/23) 1.00 1.00 X 0 0 0 FARRAH L MITTEL FINANCE CHAIR 1.00 0.00 X 0 0 0 NEIL ASHE MEMBER-AT-LARGE (TERM 05/23) 1.00 0.00 X 0 0 0 BLAIRE BARLOW MEMBER-AT-LARGE 1.00 0.00 X 0 0 0 JOHN EGGLETON MEMBER-AT-LARGE 1.00 0.00 X 0 0 0 WILLIAM MANSFIELD MEMBER-AT-LARGE 1.00 0.00 X 0 0 0 AAMIR PAUL MEMBER-AT-LARGE (TERM 05/23) 1.00 0.00 X 0 0 0 ARAVIND PADMANABHAN MEMBER-AT-LARGE 1.00 0.00 X 0 0 0 JASON STEIN MEMBER-AT-LARGE 1.00 1.00 X 0 0 0 LARRY STERN MEMBER-AT-LARGE 1.00 0.00 X 0 0 0 SCOTT TEERLINCK MEMBER-AT-LARGE 1.00 0.00 X 0 0 0 JOHN THOMPSON MEMBER-AT-LARGE (TERM 05/23) 1.00 0.00 X 0 0 0 TIM DENCKER VP FINANCE/TREASURER (RES. 05/23) 39.00 1.00 X 331020 0 25934 MICHELLE MCNAMARA SR. VP/EXEC DIRECTOR NERF 20.00 20.00 X 383943 0 26713 IAN REYNOLDS GEN. LEGAL COUNCIL/SECRETARY 39.00 1.00 X 227145 0 24245 ED ORLET INTERIM CEO (EFF. 06/23)/SR. VP 40.00 0.00 X 336334 0 36993 SCOTT COSTA PUBLISHER 40.00 0.00 X 260278 0 34399 CATHERINE VIGLIONE DIR. MEMBER ENGAGEMENT 40.00 0.00 X 184909 0 33734 SCOTT IVER DIRECTOR OF TECHNOLOGY 40.00 0.00 X 139808 0 32501 MISTY BYERS EDITOR 40.00 0.00 X 123214 0 22604 2576911 0 275045 12 0 1 0 NIMBLEUSER PO BOX 122145 DALLAS TX 75312 SOFTWARE SERVICES 201079 DATA UNLEASHED 3632 HECTOR LANE NAPERVILLE IL 60564 CONSULTING 184051 CHAGRIN VALLEY MEDIA PARTNERS LLC 1188 BELL RD STE 106 CHAGRIN FALLS OH 44022 TED MAGAZINE SALES REP 183958 3 CONFERENCES & MEETINGS 900099 5415362 5415362 DUES & MEMBER PROGRAMS 900099 4029400 4029400 PUBLICATIONS 513120 1223205 231719 991486 IDEA 900099 423488 423488 11091455 156063 156063 219968 207387 11420 12581 -11420 1161 1161 11248679 10099969 991486 157224 X 1680346 2722985 70702 394972 260665 34004 35132 13588 1125251 245235 318259 396909 741095 328836 2379280 152958 69411 PUBLICATION PRINTING 212826 MISCELLANEOUS 19400 RESEARCH & DEVELOPMENT 13064 BAD DEBT EXPENSE 2650 11217568 X 741965 500 48627 1828497 1024168 400156 606205 480539 1356748 1032946 465357 323802 6673593 7174828 2455136 2878624 0 479781 12015051 13566727 1167228 1214553 1092191 1025945 723413 1903750 2982832 4144248 X 9032219 9422479 9032219 9422479 12015051 13566727 31111 359149 0 X 0 1 X 1 0 0 0 0 4029400 405832 405832 443234 -37402 181460 181460 0 1175288 851486 323802 323802 1 SHARE OF INDUSTRY DATA EXCHANGE ASSOCIATION, INC. (IDEA) 2878624 F 2878624 DUE TO AFFILIATES 1332841 OPERATING LEASE LIABILITY 570909 1903750 X 11619248 359149 11420 370569 11248679 0 11248679 11228988 11420 11420 11217568 0 11217568 PART X, LINE 2: FOOTNOTE FROM COMBINED FINANCIAL STATEMENTS FOR THE ORGANIZATIONS (COLLECTIVELY THE NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS, INC., THE NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS EDUCATION AND RESEARCH FOUNDATION, INC., CEP CERTIFICATION, LLC AND NAED MEMBER SERVICES, LLC): THE ASSOCIATION QUALIFIES AS AN ORGANIZATION EXEMPT FROM INCOME TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(6). THE FOUNDATION QUALIFIES UNDER INTERNAL REVENUE CODE SECTION 509(A)(3). THE ORGANIZATIONS HAVE ADDRESSED THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR INCOME TAXES. IN THAT REGARD, THE ORGANIZATIONS HAVE EVALUATED THEIR TAX POSITIONS, EXPIRING TAX STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS AND BELIEVE THAT NO PROVISION FOR INCOME TAXES IS NECESSARY, AT THIS TIME, TO COVER ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 11,420. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 11,420. X 1 1 X X X 1 0 0 THOMAS NABER NAED PRESIDENT & CEO (RES. 06/23) 501473 0 86864 0 1923 0 9150 0 28772 0 628182 0 0 0 MICHELLE MCNAMARA SR. VP/EXEC DIRECTOR NERF 333600 0 50343 0 0 0 8750 0 17963 0 410656 0 0 0 ED ORLET INTERIM CEO (EFF. 06/23)/SR. VP 284180 0 52154 0 0 0 8221 0 28772 0 373327 0 0 0 TIM DENCKER VP FINANCE/TREASURER (RES. 05/23) 279358 0 51662 0 0 0 7971 0 17963 0 356954 0 0 0 SCOTT COSTA PUBLISHER 214928 0 45350 0 0 0 5942 0 28457 0 294677 0 0 0 IAN REYNOLDS GEN. LEGAL COUNCIL/SECRETARY 194765 0 32380 0 0 0 5352 0 18893 0 251390 0 0 0 CATHERINE VIGLIONE DIR. MEMBER ENGAGEMENT 175909 0 9000 0 0 0 5277 0 28457 0 218643 0 0 0 SCOTT IVER DIRECTOR OF TECHNOLOGY 134808 0 5000 0 0 0 4044 0 28457 0 172309 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES TRAVEL FOR SPOUSES OF OFFICERS AND HIGHLY COMPENSATED EMPLOYEES TO ACCOMPANY THEM TO A FEW NAED MEETINGS THROUGHOUT THE YEAR. THE 2022 VALUE OF THIS BENEFIT WAS APPROXIMATELY $2,500 PER SPOUSE. PART I, LINE 4A THOMAS NABER, NAED PRESIDENT & CEO SEVERANCE: $382,597 UNUSED/PAID VACATION: $46,390 FORM 990, PART VI, SECTION A, LINE 6 NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS IS COMPRISED OF VOTING AND NON-VOTING MEMBERS. PERSONS OR BUSINESSES THAT ARE WHOLESALE DISTRIBUTORS OF ELECTRICAL INDUSTRY PRODUCTS THAT MEET ALL THE QUALIFICATIONS MAY BECOME VOTING MEMBERS. VALUE ADDED RESELLERS DESIGNATED BY THE PRESIDENT WHICH MEET OTHER QUALIFICATIONS MAY BECOME NON-VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CHAIRMAN OF THE BOARD SHALL NAME A NOMINATING COMMITTEE COMPOSED OF SIX PERSONS. IT IS THE DUTY OF THE NOMINATING COMMITTEE TO PRESENT NOMINATIONS FOR THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW. CHANGES, IF ANY, ARE COMMUNICATED AND INCORPORATED INTO THE FORM 990 BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. THE CONFLICT OF INTEREST POLICY IS DISCUSSED EACH YEAR AT THE ANNUAL BOARD MEETING. ANY POTENTIAL CONFLICTS OF INTEREST ARISING AFTER THE BOARD MEETING ARE TO BE DISCLOSED AS PROMPTLY AS FEASIBLE. FORM 990, PART VI, SECTION B, LINE 15 IN DETERMINING COMPENSATION, THE ORGANIZATION PRESENTLY REFERENCES THE ANNUAL ASAE ASSOCIATION & BENEFITS STUDY AND BI-ANNUALLY THE ORGANIZATION WORKS WITH AN INDEPENDENT SALARY CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HANDLES REQUEST FOR GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ON A CASE BY CASE BASIS. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES 939,129. COMMISSIONS 186,122. CEP LLC 1181 CORPORATE LAKE DRIVE ST LOUIS MO 63132 DEVELOP AND ADMINISTER CREDENTIALING AND RECREDENTIALING MO 44367 34452 NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS NAED MEMBER SERVICES LLC 1181 CORPORATE LAKE DRIVE ST LOUIS MO 63132 DEVELEOP AND ADMINISTER MARKET DATA RESEARCH MO 0 0 NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS NATIONAL ASSN OF ELECTRICAL DISTRIBUTORS EDUCATION AND RESEARCH FOUNDATION 1181 CORPORATE LAKE DRIVE ST LOUIS MO 63132 237028816 ELECTRO-INDUSTRY EDUCATION NY 501(C)(3) LINE 12A, I NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS 1 INDUSTRY DATA EXCHANGE ASSOCIATION INC 2461 S CLARK ST ARLINGTON VA 22202 541895524 ELECTRO-INDUSTRY DE N/A C 423488 7440803 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS EDUCATION & RESEARCH FOUND Q 609428 CASH VALUE