2024-11-06T03:54:28-06:00 2023-12-31 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2023-01-01 360730540 HEALTH INDUSTRY DISTRIBUTORS ASSOCIATION HEAL 7035494432 510 KING STREET SUITE 200 ALEXANDRIA VA 22314 MATTHEW ROWAN PRESIDENT & CEO 7035494432 2024-11-04 1 1 LORI ROTHE YOKOBOSKY CPA P01273422 3016529100 2024-10-28 2023 2024-10-15 13:58:12Z MATTHEW ROWAN 510 KING STREET SUITE 200 ALEXANDRIA VA 22314 7144105 0 X WWW.HIDA.ORG X 1916 DE TO ADVANCE THE USE AND VALUE OF DISTRIBUTION IN HEALTHCARE. 23 23 30 23 55551 0 0 208283 4568487 4420481 -371357 143748 183261 383729 4380391 5156241 2500 0 0 0 2740491 2693177 0 0 0 2249464 2253802 4992455 4946979 -612064 209262 5636087 7806326 1304090 3003943 4331997 4802383 TO ADVANCE THE USE AND VALUE OF DISTRIBUTION IN HEALTHCARE. 0 0 ADVOCACY FOR DISTRIBUTION - TO ADVOCATE FOR SOUND PUBLIC POLICIES THROUGH INVOLVEMENT IN THE LEGISLATIVE AND REGULATORY PROCESS, AND TO EDUCATE MEMBERS AND DECISION MAKERS IN GOVERNMENT AND HEALTHCARE ON POLICY ISSUES INVOLVING MEDICAL PRODUCTS. BUSINESS TOOLS FOR MEMBERS - TO PROVIDE THE KNOWLEDGE, DATA AND FACTS MEMBERS NEED TO DELIVER EXCEPTIONAL VALUE TO THEIR BUSINESS AND THEIR CUSTOMERS, AND TO PROVIDE SKILL DEVELOPMENT ANDKNOWLEDGE EXCHANGE. NETWORKING - TO PROVIDE FORUMS THAT FACILITATE THE INTERPERSONAL EXCHANGE NECESSARY TO BUILD AND MAINTAIN EFFECTIVE BUSINESS RELATIONSHIPS. 0 1 0 1 0 0 0 0 0 1 0 0 1 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 0 1 1 1 0 1 32 0 1 30 1 1 1 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X BALVINDER BAINS 7035494432 510 KING STREET SUITE 200 ALEXANDRIA VA 22314 ALEXANDRA CALDWELL TREASURER 2.00 X X 0 0 0 BENJAMIN NICHOLS DIRECTOR 1.00 X 0 0 0 BILL MCLAUGHLIN JR DIRECTOR 1.00 X 0 0 0 BRAD C CONNETT DIRECTOR 1.00 X 0 0 0 BRAD HILTON CHAIRMAN ELECT 2.00 X 0 0 0 BRENT MELANCON DIRECTOR 1.00 X 0 0 0 CARA SKOWRONSKI CHAIRMAN 2.00 X X 0 0 0 CHRIS FAGNANI DIRECTOR 1.00 X 0 0 0 DAVID KLARNER DIRECTOR 1.00 X 0 0 0 EMILY BERLIN DIRECTOR 1.00 X 0 0 0 EMILY WILBURN ANDREWS DIRECTOR 1.00 X 0 0 0 JACK STEPHENS DIRECTOR 1.00 X 0 0 0 JAY STEVENS DIRECTOR 1.00 X 0 0 0 JOEL TREFFERT DIRECTOR 1.00 X 0 0 0 KC MELESKI DIRECTOR 1.00 X 0 0 0 KELLEY MOFFETT DIRECTOR 1.00 X 0 0 0 MARK HENDERSON DIRECTOR 1.00 X 0 0 0 PATRICK JONES DIRECTOR 1.00 X X 0 0 0 RANDY REICHENBACH DIRECTOR 1.00 X 0 0 0 SCOTT WILLIAMS DIRECTOR 1.00 X 0 0 0 TODD ROSS DIRECTOR 1.00 X 0 0 0 WILLIAM ABRAMS DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM REUBEL DIRECTOR 1.00 X 0 0 0 BALVINDER BAINS VP, FINANCE & OPERATIONS 20.00 20.00 X 120501 120500 28316 MATTHEW J ROWAN PRESIDENT AND CEO 24.00 16.00 X 465927 310618 62625 LINDA ROUSE O'NEILL VP, GOVERNMENT AFFAIRS 30.00 10.00 X 218173 72723 38445 ELIZABETH HILLA HEF EXECUTIVE DIRECTOR 4.00 36.00 X 33146 298318 31263 JULIE BERRY DIRECTOR, CONFERENCES & SP 20.00 20.00 X 90989 74445 14886 KATHRYN DIBITETTO VP, CONGRESSIONAL RELATION 34.00 6.00 X 114837 20265 5227 KELLEY TAFT DIRECTOR, MEMBERSHIP 40.00 X 167663 0 9127 WYETH RUTHVEN DIRECTOR, PUBLIC AFFAIRS 30.00 10.00 X 118193 39398 15011 1329429 936267 204900 15 0 1 0 LEVY EXPOSITION SERVICES INC 271-14900 INTERUBAN AVE S SEATTLE WA 98168 EVENT COORDINATOR 176508 CONCENTUSNET 1905 WESTMORELAND ST MCLEAN VA 22101 IT SUPPORT 125184 WEST FRONT STRATEGIES LLC 1201 PENNSYLVANIA AVENUE NW 530 WASHINGTON DC 20004 CONSULTING 120000 3 208283 208283 PROJECT REVENUE 900099 1579787 1579787 REGISTRATION & EXHIBITOR FEES 900099 1386495 1386495 MEMBER DUES 900099 969203 969203 PUBS & PROD SALES 900099 297729 297729 SPONSORSHIPS 900099 187267 187267 4420481 90260 90260 2041352 1987864 53488 53488 53488 ADVERTISING 541800 84302 55551 28751 299427 299427 383729 5156241 3146146 55551 1746261 885167 1448966 57090 162974 138980 33490 34624 183746 291597 42133 150878 77985 88710 258563 454799 23788 11780 CREDIT CARD FEES 66237 PUBLICATIONS & SUBSCRIP 36937 DUES TO OTHER ORGANIZAT 25215 473320 4946979 91362 235762 89372 35011 1117494 1985432 128508 142946 337958 254243 24851 83715 3758434 3831504 1016207 426066 475749 5636087 7806326 299558 451761 611115 1006264 393417 1545918 1304090 3003943 X 4331997 4802383 4331997 4802383 5636087 7806326 209262 261124 0 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 969203 137922 -492752 -354830 242301 -597131 8660 626 8034 145659 69978 75681 183639 183639 0 83715 DEPOSITS 27649 DEFERRED COMPENSATION ASSETS 448100 475749 DEFERRED COMP LIABILITY 448100 LEASE LIABILITY 70508 DEFERRED RENT 1027310 1545918 X 9152358 261124 3734993 3996117 5156241 0 5156241 8732152 3785173 3785173 4946979 0 4946979 PART X, LINE 2: HIDA IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HIDA IS TAXED ON INCOME THAT IS NOT RELATED TO ITS EXEMPT PURPOSE, WHICH CONSISTS PRIMARILY OF ADVERTISING INCOME. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, HIDA HAD NO TAXABLE UNRELATED BUSINESS INCOME. HIDA BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. HIDA RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN GENERAL AND ADMINISTRATIVE EXPENSES ON THE CONSOLIDATED STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS AND ACCRUED EXPENSES ON THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. THERE IS NO PROVISION IN THESE CONSOLIDATED FINANCIAL STATEMENTS FOR PENALTIES AND INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. TAX YEARS PRIOR TO 2020 ARE NO LONGER SUBJECT TO EXAMINATION BY THE IRS OR THE TAX JURISDICTION OF THE COMMONWEALTH OF VIRGINIA. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF AFFILIATES 3,734,993. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF AFFILIATES 3,785,173. X X X X 0 0 0 MATTHEW J ROWAN PRESIDENT AND CEO 393661 262440 72266 48178 0 0 18750 12500 18825 12550 503502 335668 0 0 ELIZABETH HILLA HEF EXECUTIVE DIRECTOR 28968 260716 4178 37602 0 0 1325 11925 1800 16213 36271 326456 0 0 LINDA ROUSE O'NEILL VP, GOVERNMENT AFFAIRS 218173 72723 0 0 0 0 9938 3312 18896 6299 247007 82334 0 0 BALVINDER BAINS VP, FINANCE & OPERATIONS 119001 119000 1500 1500 0 0 5989 5989 8169 8169 134659 134658 0 0 JULIE BERRY DIRECTOR, CONFERENCES & SP 90989 74445 0 0 0 0 4549 3722 3639 2976 99177 81143 0 0 KELLEY TAFT DIRECTOR, MEMBERSHIP 167663 0 0 0 0 0 8383 0 744 0 176790 0 0 0 WYETH RUTHVEN DIRECTOR, PUBLIC AFFAIRS 118193 39398 0 0 0 0 3996 1332 7262 2421 129451 43151 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD'S OPERATIONS COMMITTEE REVIEWED THE DRAFT FORM 990. THIS GROUP IS EMPOWERED TO ANNUALLY REVIEW THE 990 ON THE BOARD'S BEHALF. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, A SIGNED COPY OF THE POLICY IS REQUIRED FROM EACH OFFICER. KEY EMPLOYEES HAVE THE CONFLICT OF INTEREST POLICY WRITTEN INTO THEIR EMPLOYMENT CONTRACT, WHICH COMES UP FOR RENEWAL EVERY TWO YEARS. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE CONSULTANT CONDUCTED A MARKET COMPARABILITY STUDY TO DETERMINE GOING MARKET RATES AS OF 2022, WHICH INCLUDED A MATRIX TO ACCOMMODATE RANGES FOR GROWTH AND MARKET FACTORS. BOARD APPROVAL IS REQUIRED FOR ALL EXECUTIVE TEAM CHANGES, SPECIFICALLY ONES WITH EMPLOYMENT CONTRACTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, ITS CONFLICT OF INTEREST POLICY, AND ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. HIDA EDUCATIONAL FOUNDATION 510 KING STREET SUITE 200 ALEXANDRIA VA 22314 362945503 EDUCATION IL 501(C)(3) LINE 12A, I HIDA 1 HIDA PAC 510 KING STREET SUITE 200 ALEXANDRIA VA 22314 273078836 POLITICAL ACTION COMMITTEE VA 527 N/A HIDA 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 HIDA EDUCATIONAL FOUNDATION N 207315 COST REIMB. HIDA EDUCATIONAL FOUNDATION O 1969920 COST REIMB. HIDA EDUCATIONAL FOUNDATION Q 278613 COST REIMB.