2024-11-15T09:30:29-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2023-01-01 131085700 NATIONAL ELECTRICAL MANUFACTURERS ASSOCIATION NATI 7038413200 1300 NORTH 17TH STREET 900 ROSSLYN VA 22209 DEBRA PHILLIPS CHIEF FINANCIAL OFFICER 7038413200 2024-11-14 1 0 ROBERT WILLIAMS P01345960 5712279500 2024-11-14 2023 2024-10-15 13:58:12Z NEMA DEBRA PHILLIPS 1300 NORTH 17TH STREET 900 ROSSLYN VA 22209 30269831 0 X WWW.NEMA.ORG X 1987 DE TO IMPROVE THE STATE OF ELECTRICAL MANUFACTURING IN THE U.S. 26 26 88 2500 3451 0 0 0 20869807 22209576 1036362 327352 1524975 1889125 23431144 24426053 115940 156495 0 0 13098219 14646539 0 0 0 10669562 11030394 23883721 25833428 -452577 -1407375 23557975 24015460 13829718 13829428 9728257 10186032 X NEMA REPRESENTS APPROXIMATELY 240 U.S. MANUFACTURERS OF ELECTRICAL AND MEDICAL IMAGING, AND RADIOPHARMACEUTICAL PRODUCTS. ITS MEMBERS REPRESENT ELECTRICAL INDUSTRIES COMPRISING OVER 50 PRODUCT SEGMENTS. (CONTINUED ON SCHEDULE O)NEMA'S ACTIVITIES ENCOMPASS DEVELOPMENTS WITHIN THE SMART GRID, ENERGY STORAGE, INDUSTRIAL ENERGY EFFICIENCY, AND HIGH-PERFORMANCE BUILDINGS AREAS. NEMA PROMOTES COMPETITIVENESS IN DOMESTIC AND FOREIGN MARKETS BY: (1) DEVELOPING AND HARMONIZING INDUSTRY STANDARDS AND CONFORMITY ASSESSMENT REGIMES; (2) SHAPING KEY LEGISLATION AND REGULATIONS; (3)PROVIDING EXCLUSIVE MARKET INTELLIGENCE TO MEMBER COMPANIES; AND (4) ENABLING NETWORKING ON INDUSTRY-WIDE ISSUES. MEMBER COMPANIES EMPLOY MORE THAN 800,000 WORKERS IN MORE THAN 7,000 MANUFACTURING FACILITIES IN THE U.S. AND PRODUCE MORE THAN $100 BILLION IN TOTAL SHIPMENTS. NEMA SUPPORTS INTERNATIONAL TRADE AND TECHNOLOGY AGREEMENTS. 0 0 PRODUCT OPERATIONS: SERVES APPROXIMATELY 240 MEMBER COMPANIES, EACH OF WHICH MANUFACTURE ONE OR MORE PRODUCTS WITHIN THE ASSOCIATION'S PRODUCT SCOPE AREAS (OVER 50 DIFFERENT CATEGORIES). ACTIVITIES INCLUDE DEVELOPMENT AND PROMOTION OF VOLUNTARY PRODUCT STANDARDS, SURVEYS AND REPORTS, EDUCATIONAL PROGRAMS, SEMINARS, INTERNATIONAL TRADE MATTERS, AND PRODUCT SAFETY. ENGINEERING AND STANDARDS: PROVIDES TECHNICAL COORDINATION AND GUIDELINES TO ASSOCIATION MEMBERS ON STANDARDS, LEGISLATION AND REGULATIONS. DEVELOPS AND PUBLISHES NEMA STANDARDS. ENSURES PROPOSED STANDARDS DO NOT CONFLICT WITH EXISTING NATIONAL AND INFORMATIONAL STANDARDS. CONDUCTS ENGINEERING FIELD PROGRAMS TO PROVIDE FEEDBACK TO MEMBERS ON STATE AND LOCAL BUILDING AND ELECTRICAL CODE ISSUES. STATISTICAL AND INDUSTRY ANALYTICAL SERVICES: GATHERS, COMPILES, ANALYZES, AND DISSEMINATES STATISTICAL DATA ABOUT ELECTRICAL PRODUCTS, MEDICAL IMAGING, AND RADIOPHARMACEUTICAL INDUSTRIES. GOVERNMENT RELATIONS: PROVIDES ISSUE ANALYSIS AND ADVOCACY ON BEHALF OF THE ASSOCIATION AND ITS PRODUCT SECTIONS ON LEGISLATIVE AND REGULATORY TOPICS THAT IMPACT ELECTRICAL EQUIPMENT AND MEDICAL IMAGING MARKETS. LEGISLATIVE AND REGULATORY ACTIVITY OCCURS AT FEDERAL, STATE, AND LOCAL LEVELS. TOPICS INCLUDE ENERGY, ENVIRONMENT, HEALTH AND SAFETY, TRADE, TRANSPORTATION, AND COMMERCIAL AFFAIRS. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 50 0 1 88 1 1 1 0 0 0 0 0 0 0 X 26 26 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X MICHAEL PFEIFFER 7038413200 1300 N 17TH STREET SUITE 900 ROSSLYN VA 22209 ANTHONY ALLARD GOVERNOR 1.00 X 0 0 0 GERBEN W BAKKER GOVERNOR 1.00 X 0 0 0 TRICIA BREEGER GOVERNOR 1.00 X 0 0 0 TOM DEITRICH GOVERNOR 1.00 X 0 0 0 GABRIEL GARZA HERRERA GOVERNOR 1.00 X 0 0 0 GREG GORMAN GOVERNOR 1.00 X 0 0 0 SUSAN HAKKARAINEN GOVERNOR 1.00 X 0 0 0 JAY HILL GOVERNOR 1.00 X 0 0 0 DANIEL L JONES GOVERNOR 1.00 X 0 0 0 FRANK KULASZEWICZ GOVERNOR 1.00 X 0 0 0 DARYOUSH LARIZADEH GOVERNOR 1.00 X 0 0 0 ROB MCILROY GOVERNOR 1.00 X 0 0 0 BRYAN MULLIGAN GOVERNOR AS OF 07/2023 1.00 X 0 0 0 JACK NEHLIG TREASURER 1.00 X 0 0 0 SUE OZDEMIR GOVERNOR 1.00 X 0 0 0 TREVOR PALMER GOVERNOR 1.00 X 0 0 0 LOUIS PINKHAM GOVERNOR 1.00 X 0 0 0 MICHAEL A PLASTER GOVERNOR 1.00 X 0 0 0 BARRY POWELL GOVERNOR 1.00 X 0 0 0 KEVIN A POYCK GOVERNOR 1.00 X 0 0 0 JOHN P SELLDORFF GOVERNOR 1.00 X 0 0 0 ANDERS SJOELIN GOVERNOR 1.00 X 0 0 0 RICK SPORRER GOVERNOR 1.00 X 0 0 0 KATHY STERIO GOVERNOR 1.00 X 0 0 0 BILL WALTZ GOVERNOR 1.00 X 0 0 0 MIKE YELTON GOVERNOR 1.00 X 0 0 0 DEBRA PHILLIPS PRESIDENT & CEO 35.00 X 1063235 0 200746 MICHAEL PFEIFFER CHIEF FINANCIAL OFFICER 35.00 X 310471 0 35333 SONIA VAHEDIAN COO UNTIL 05/2023 35.00 X 240389 0 12177 PETER TOLSDORF SECRETARY/GEN. COUNSEL UNTIL 08/2023 35.00 X 202382 0 34676 RICHARD A STINSON CHAIR 5.00 X 0 0 0 ANNETTE KAY CLAYTON IMMEDIATE PAST CHAIR 5.00 X 0 0 0 BETH WOZNIAK VICE CHAIR & TREASURER 5.00 X 0 0 0 SPENCER PEDERSON SVP, GOVERNMENT AFFAIRS 35.00 X 465816 0 63003 DONALD R LEAVENS SVP & CHIEF ECONOMIST 35.00 X 424447 0 55764 PATRICK E HUGHES SVP, TECH AND INDUSTRY AFFAIRS 35.00 X 333418 0 90996 PATRICK HOPE EXECUTIVE DIR., MITA UNTIL 11/2023 35.00 X 291081 0 25041 SEAN SULLIVAN CHIEF HUMAN RESOURCES OFFICER 35.00 X 287753 0 28004 SUSAN BUNNING MANAGING DIRECTOR, PET 35.00 X 218495 0 28574 MEGHAN HAYES VICE PRESIDENT, TECHNICAL SERVICES 35.00 X 198143 0 38310 STEVE GRIFFITH EXEC DIR., REG & IND AFFAIRS 35.00 X 193576 0 19416 ASHLEY MUSSELMAN MANAGING DIR, MSHP, MTGS & EVENTS 35.00 X 194174 0 15998 STEPHEN GORDON DIRECTOR, GOVERNMENT RELATIONS 35.00 X 187331 0 22550 4610711 0 670588 53 0 1 0 SCHMIDT PUBLIC AFFAIRS 917 PRINCE STREET ALEXANDRIA VA 22314 PUBLIC AFFAIRS CONSULTING 788650 KOUNTOUPES DENHAM CARR & REID 607 14TH STREET NW WASHINGTON DC 20005 CONSULTING 350000 TARPLIN DOWNS & YOUNG LLC 1212 NEW YORK AVENUE NW WASHINGTON DC 20005 CONSULTING 350000 ALSTON & BIRD LLP 1201 W PEACHTREE STREET ATLANTA GA 30309 CONSULTING 325000 MCDERMOTT WILL & EMERY LLP PO BOX 1675 CAROL STREAM IL 601321675 CONSULTING 255000 10 MEMBERSHIP DUES 541900 16798197 16798197 SPECIAL ASSESSMENTS 541900 3750628 3750628 MEETING REGISTRATIONS 541900 590075 590075 COUNCIL FEES 541900 435710 435710 MANAGEMENT SERVICES 541900 376268 376268 258698 258698 22209576 297002 297002 1781992 1781992 39490 0 39490 39490 39490 5874128 5778969 64809 95159 -64809 30350 30350 MISCELLANEOUS INCOME 900099 64192 64192 ADVERTISING INCOME 900099 3451 3451 67643 24426053 22209576 3451 2213026 X 156495 4164732 8116576 725995 893890 745346 52425 38509 36398 5794295 19079 81850 349007 1567169 679066 1100759 349571 131511 MEMBERSHIPS AND CONTRAC 607100 MISCELLANEOUS EXPENSES 169889 BANK FEES 31248 TAXES 22518 25833428 2776933 3005312 874203 1618800 77887 204049 4925316 3681877 1508815 1243439 5368803 9205672 5904597 3706003 7046737 5032185 23557975 24015460 2087513 1571585 3724648 5723311 8017557 6534532 13829718 13829428 X 9728257 10186032 9728257 10186032 23557975 24015460 X -1407375 1916345 -51195 X 0 1 X 1 0 0 0 1 16798197 2100000 -1164769 935231 1343856 -408625 2203415 1780508 422907 1173433 1154488 18945 1548468 746881 801587 1243439 INVESTMENT IN AFFILIATES 3706003 C 3706003 RIGHT OF USE ASSET - LEASE 3535187 DEFERRED COMPENSATION 1496998 5032185 DEFERRED COMPENSATION PLANS 1496998 POST-RETIREMENT BENEFIT 283820 LEASE LIABILITY 4753714 6534532 X 26370809 1916345 64809 1981154 24389655 36398 36398 24426053 25861839 64809 64809 25797030 36398 36398 25833428 PART X, LINE 2: NEMA EVALUATES UNCERTAINTY IN INCOME TAX POSITIONS BASED ON A MORE LIKELY THAN NOT RECOGNITION STANDARD. IF THAT THRESHOLD IS MET, THE TAX POSITION IS THEN MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO ACCRUALS FOR UNCERTAIN TAX POSITIONS. IF APPLICABLE, NEMA RECORDS INTEREST AND PENALTIES AS A COMPONENT OF INCOME TAX EXPENSE. TAX YEARS FROM 2020 THROUGH THE CURRENT YEAR REMAIN OPEN FOR EXAMINATION BY TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF FIXED ASSETS 64,809. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF FIXED ASSETS 64,809. NORTH AMERICA 1 1 PROGRAM SERVICES SEE STATEMENTSCHEDULE F, PART I, LINE 3(E) - DESCRIPTION OF PROGRAM SERVICE ACTIVITY:WORKED WITH VARIOUS STAKEHOLDERS TO DEVELOP ELECTRICAL PRODUCT STANDARDS AND COLLABORATED WITH INDUSTRY PROFESSIONALS IN THE RESPECTIVE COUNTRIES ON EMERGING PRODUCT TESTING AND CERTIFICATION POLICIES AND PRACTICES. 275630 1 1 0 0 1 1 275630 0 275630 0 0 0 0 0 0 SCHEDULE F, PART I, LINE 3(E) - DESCRIPTION OF PROGRAM SERVICE ACTIVITY: WORKED WITH VARIOUS STAKEHOLDERS TO DEVELOP ELECTRICAL PRODUCT STANDARDS AND COLLABORATED WITH INDUSTRY PROFESSIONALS IN THE RESPECTIVE COUNTRIES ON EMERGING PRODUCT TESTING AND CERTIFICATION POLICIES AND PRACTICES. X X X X X X 1 1 0 DEBRA PHILLIPS PRESIDENT & CEO 727110 0 321750 0 14375 0 175550 0 25196 0 1263981 0 0 0 SPENCER PEDERSON SVP, GOVERNMENT AFFAIRS 357816 0 108000 0 0 0 36217 0 26786 0 528819 0 0 0 DONALD R LEAVENS SVP & CHIEF ECONOMIST 274989 0 75000 0 74458 0 47392 0 8372 0 480211 0 0 0 PATRICK E HUGHES SVP, TECH AND INDUSTRY AFFAIRS 287418 0 46000 0 0 0 64210 0 26786 0 424414 0 0 0 MICHAEL PFEIFFER CHIEF FINANCIAL OFFICER 229471 0 81000 0 0 0 14416 0 20917 0 345804 0 0 0 PATRICK HOPE EXECUTIVE DIR., MITA UNTIL 11/2023 240128 0 0 0 50953 0 22879 0 2162 0 316122 0 0 0 SEAN SULLIVAN CHIEF HUMAN RESOURCES OFFICER 220753 0 67000 0 0 0 13206 0 14798 0 315757 0 0 0 SONIA VAHEDIAN COO UNTIL 05/2023 135022 0 0 0 105367 0 7216 0 4961 0 252566 0 0 0 SUSAN BUNNING MANAGING DIRECTOR, PET 202027 0 16468 0 0 0 12228 0 16346 0 247069 0 0 0 PETER TOLSDORF SECRETARY/GEN. COUNSEL UNTIL 08/2023 186977 0 0 0 15405 0 17679 0 16997 0 237058 0 0 0 MEGHAN HAYES VICE PRESIDENT, TECHNICAL SERVICES 189711 0 8432 0 0 0 17782 0 20528 0 236453 0 0 0 STEVE GRIFFITH EXEC DIR., REG & IND AFFAIRS 179787 0 13789 0 0 0 16456 0 2960 0 212992 0 0 0 ASHLEY MUSSELMAN MANAGING DIR, MSHP, MTGS & EVENTS 176499 0 17675 0 0 0 14297 0 1701 0 210172 0 0 0 STEPHEN GORDON DIRECTOR, GOVERNMENT RELATIONS 178151 0 9180 0 0 0 13020 0 9530 0 209881 0 0 0 PART I, LINES 4A-B SONIA VAHEDIAN RECEIVED A PAYOUT IN 2023 BASED ON AN AGREEMENT BETWEEN NEMA AND MS. VAHEDIAN. SCHEDULE J, PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN A TOTAL OF $160,000 WAS CONTRIBUTED TOWARDS SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLANS FOR DEBRA PHILLIPS AND PATRICK HUGHES. FORM 990, PART VI, SECTION A, LINE 6 REGULAR FULL MEMBERS HAVE VOTING RIGHTS, ASSOCIATE MEMBERS DO NOT. FORM 990, PART VI, SECTION A, LINE 7A EACH REGULAR MEMBER SHALL DESIGNATE ONE OR MORE OF ITS REPRESENTATIVES AS ITS VOTING REPRESENTATIVE IN THE ASSOCIATION WITH THE POWER TO VOTE UPON ALL MATTERS PRESENTED TO THE MEMBERSHIP OF THE ASSOCIATION. IN NO CASE SHALL ANY MEMBER HAVE MORE THAN ONE VOTE. REGULAR MEMBERS HAVE VOTING RIGHTS, ASSOCIATE MEMBERS DO NOT. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS APPROVE THE ANNUAL BUDGET. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS CIRCULATED AMONG ALL MEMBERS OF THE GOVERNING BOARD FOR REVIEW, COMMENT, AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C NEMA MONITORS POSSIBLE CONFLICTS OF INTEREST BY TRAINING DIRECTORS, OFFICERS, AND STAFF ON PROHIBITED CONFLICTS OF INTEREST. NEMA ALSO HAS A CONTRACT REVIEW PROCESS THAT PROVIDES FOR APPROPRIATE MANAGEMENT REVIEW OF FINANCIAL COMMITMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS BENCHMARKED AGAINST THAT OF OTHER SIMILAR ORGANIZATIONS BY COMPARISON TO ANNUAL SURVEYS AND MARKET STUDIES AS WELL AS THE USE OF COMPENSATION CONSULTANTS. THE PRESIDENT'S AND SENIOR MANAGEMENT'S COMPENSATION IS REVIEWED AND APPROVED BY NEMA'S COMPENSATION COMMITTEE AND EXECUTIVE COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 NEMA'S BYLAWS ARE AVAILABLE TO THE PUBLIC ON NEMA'S WEBSITE. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES 258,000. CONSULTING EXPENSE 5,536,295. FORM 990, PART XI, LINE 9: CHANGE IN POST RETIREMENT HEALTH BENEFITS -51,195. NATIONAL ELECTRICAL MANUFACTURERS ASSOCIATION POLITICAL ACTION COMMITTEE 1300 NORTH 17TH STREET SUITE 900 ROSSLYN VA 22209 POLITICAL CAMPAIGN CONTRIBUTIONS VA 527 NEMA 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 NATIONAL ELECTRICAL MANUFACTURERS ASSOCIATION POLITICAL ACTION COMMITTEE L 853 DISBURSEMENT CHECKS