NATIONAL ASSOCIATION OF FIRE EQUIPMENT DISTRIBUTORS INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: NATIONAL ASSOCIATION OF FIRE EQUIPMENT DISTRIBUTORS INC (EIN 36-2420809)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-10-29
IRS object ID: 202103029349302415
Schema version: 2020v4.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule C
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-10-29T17:10:08-05:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	362996439	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WSDD CPAS LTD	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	303 W MADISON ST SUITE 2075	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	606063395	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	362420809	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NATIONAL ASSOCIATION OF FIRE EQUIPMENT	BusinessNameLine1Txt
Business Name Line2	DISTRIBUTORS	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	NATI	BusinessNameControlTxt
Phone	3124619600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	180 N WABASH AVE NO 401	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60601	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DANIEL HARRIS	PersonNm
Person Title	CHIEF EXECUTIVE OFFICER	PersonTitleTxt
Phone	3124619600	PhoneNum
Signature	2021-10-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	DANIEL	PersonFirstNm
Person Last	HARRIS	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ROBERT REHAYEM	PreparerPersonNm
PTIN	P00075874	PTIN
Phone	3123326622	PhoneNum
Preparation	2021-10-15	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DANIEL HARRIS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	180 N WABASH AVE NO 401	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60601	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,531,635	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.NAFED.ORG	WebsiteAddressTxt
Type Of Organization Assoc	Yes (X)	TypeOfOrganizationAssocInd
Formation	1963	FormationYr
Legal Domicile State	IL	LegalDomicileStateCd
Activity Or Mission	TO EDUCATE AND INFORM MEMBERS OF CHANGES, ADVANCEMENTS AND NEW LAWS IN THE INDUSTRY.	ActivityOrMissionDesc
Voting Members Governing Body	16	VotingMembersGoverningBodyCnt
Voting Members Independent	16	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$604,886	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$1,876,574	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,495,918	CYProgramServiceRevenueAmt
PY Investment Income	$37,575	PYInvestmentIncomeAmt
CY Investment Income	$32,735	CYInvestmentIncomeAmt
PY Other Revenue	$2,556	PYOtherRevenueAmt
CY Other Revenue	$2,982	CYOtherRevenueAmt
PY Total Revenue	$1,916,705	PYTotalRevenueAmt
CY Total Revenue	$1,531,635	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,809,666	PYOtherExpensesAmt
CY Other Expenses	$1,513,970	CYOtherExpensesAmt
PY Total Expenses	$1,809,666	PYTotalExpensesAmt
CY Total Expenses	$1,513,970	CYTotalExpensesAmt
PY Revenues Less Expenses	$107,039	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$17,665	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,397,922	TotalAssetsBOYAmt
Total Assets EOY	$2,404,980	TotalAssetsEOYAmt
Total Liabilities BOY	$382,746	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$354,369	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,015,176	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,050,611	NetAssetsOrFundBalancesEOYAmt
Mission	NAFED'S MISSION IS TO CONTINUOUSLY IMPROVE THE ECONOMIC ENVIRONMENT, BUSINESS PERFORMANCE AND TECHNICAL COMPETENCE IN THE FIRE PROTECTION INDUSTRY.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	TECHNICAL SERVICE AND PROJECTS - TO PROVIDE TECHNICAL TRAINING TO MEMBERS TO SERVICE NEW AND EXISTING PRODUCTS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	SECTIONAL MEETINGS AND SEMINARS - OPPORTUNITY FOR MEMBERS TO GATHER AND DISCUSS NEW DEVELOPMENTS IN THE INDUSTRY AND SHARE IDEAS FOR IMPROVEMENTS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Desc	ANNUAL MEETINGS - ACTIVITIES FACILITATE THE EXCHANGE AND DISTRIBUTION OF INFORMATION CONCERNING THE ORGANIZATION.	Desc

Field	Value	IRS element (for citing)
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	Yes (1)	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	3	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	16	GoverningBodyVotingMembersCnt
Independent Voting Member	16	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DANIEL HARRIS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3124619600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	180 N WABASH AVE SUITE 401	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60601	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
DIANE PEIN
DIRECTOR/CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
TIM KRULAN
DIRECTOR/PAST CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
AARON DICKENS
DIRECTOR/TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
KEN MAY
DIRECTOR/VICE CHAIR	1.00	Yes (X)		$0	$0	$0
MICHAEL HEIN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
BILL DAYTON
DIRECTOR	1.00	Yes (X)		$0	$0	$0
RICH WATSON
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JESSE GETZ
DIRECTOR	1.00	Yes (X)		$0	$0	$0
RUDY BUENTEO
DIRECTOR	1.00	Yes (X)		$0	$0	$0
AARON DICKENS
DIRECTOR-AT-LARGE	1.00	Yes (X)		$0	$0	$0
MARY KRINBRING
DIRECTOR-AT-LARGE	1.00	Yes (X)		$0	$0	$0
BENOIT CARRIERE
DIRECTOR-AT-LARGE	1.00	Yes (X)		$0	$0	$0
BILL FREEMAN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
KYLE COLEMAN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
TERRI AUFRANCE
SUPPLIER	1.00	Yes (X)		$0	$0	$0
STACI STIDHAM
DIRECTOR	1.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
SYNERGY SERVICES INC
180 N MICHIGAN AVE	CHICAGO	IL	60601	PROVIDES HUMAN RESOURCE AND PAYROLL SERV	$485,449
PRINTED SYSTEMS INC
PO BOX 841741	DALLAS	TX	75284	PROVIDES TAG & LABEL PRINTING	$192,731
INSPERITY
19001 CRESCENT SPRINGS DRIVE	KINGWOOD	TX	77339	PROVIDES HUMAN RESOURCE AND PAYROLL SERV	$121,167

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	3	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TECH. SERVICES/PROJECT	541900	$549,484	$549,484
MEMBERSHIP DUES	900099	$455,916		$455,916
TRAINING PROGRAMS	611710	$222,309		$222,309
ANNUAL AND SECTIONAL M	611710	$183,504		$183,504
FIRE WATCH	541800	$55,402	$55,402

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$29,303	TotalRevenueColumnAmt
Related Or Exempt Func Income	$29,303	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,495,918	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$32,735	TotalRevenueColumnAmt
Related Or Exempt Func Income	$32,735	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS	Desc
Business	900099	BusinessCd
Total Revenue Column	$2,982	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,982	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$2,982	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,531,635	TotalRevenueColumnAmt
Related Or Exempt Func Income	$926,749	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$604,886	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$657,880	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,493	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$9,500	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$53,016	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$101,816	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$17,837	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$69,426	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,416	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$123,454	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$3,440	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$4,906	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
TECHNICAL SERVICE AND P	$394,837
CERTIFICATION AND TRAIN	$52,901
CHEMTEL COSTS	$21,034
DUES	$1,506

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	-$492	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,513,970	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$807,735	BOYAmt
EOY	$1,170,480	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$35,626	BOYAmt
EOY	$34,771	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$3,472	BOYAmt
EOY	$3,149	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$26,090	BOYAmt
EOY	$17,962	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$28,508	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$24,206	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$7,742	BOYAmt
EOY	$4,302	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,511,257	BOYAmt
EOY	$1,168,316	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$6,000	BOYAmt
EOY	$6,000	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,397,922	BOYAmt
EOY	$2,404,980	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$124,783	BOYAmt
EOY	$200,541	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$240,584	BOYAmt
EOY	$142,530	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$17,379	BOYAmt
EOY	$11,298	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$382,746	BOYAmt
EOY	$354,369	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,015,176	BOYAmt
EOY	$2,050,611	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,015,176	BOYAmt
EOY	$2,050,611	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,397,922	BOYAmt
EOY	$2,404,980	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$17,665	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$17,770	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Substantially All Dues Nonded	0	SubstantiallyAllDuesNondedInd
Only In House Lobbying	Yes (1)	OnlyInHouseLobbyingInd
Agree Carryover Prior Year	0	AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,332	OtherCostOrOtherBasisAmt
Depreciation	$11,332	DepreciationAmt
Book Value	$0	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$17,176	OtherCostOrOtherBasisAmt
Depreciation	$12,874	DepreciationAmt
Book Value	$4,302	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$4,302	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
MUTUAL FUNDS	$418,985	F
CORPORATE BONDS	$99,331	F
CERTIFICATE OF DEPOSITS	$650,000	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$1,168,316	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	DEFERRED LEASE LIABILITY	Desc
Amt	$11,298	Amt

Field	Value	IRS element (for citing)
Total Liability	$11,298	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$1,549,405	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$17,770	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$17,770	RevenueNotReportedAmt
Revenue Subtotal	$1,531,635	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,531,635	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,513,970	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$1,513,970	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,513,970	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	ACCOUNTING STANDARDS PROVIDE GUIDANCE FOR HOW CERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ASSOCIATION'S INFORMATION RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT AND ASSET OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. THE ASSOCIATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND ILLINOIS STATE JURISDICTION. THE ASSOCIATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2017. AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2020, MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3	NAFED USES A MANAGEMENT COMPANY TO PERFORM ALL HUMAN RESOURCE AND PAYROLL FUNCTIONS INCLUDING ADMINISTERING PAYROLL, EMPLOYEE BENEFITS AND OTHER EMPLOYEE RELATED ISSUES.
FORM 990, PART VI, SECTION A, LINE 6	NAFED HAS MEMBERS WHO PURCHASE MEMBERSHIP TO THE ASSOCIATION ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION B, LINE 11B	MANAGEMENT SENDS A DRAFT PDF COPY OF THE FORM 990 BEFORE IT IS FILED. IF THERE ARE ANY QUESTIONS OR COMMENTS, THE MEMBER RESPONDS BACK TO INTERNAL MANAGEMENT FOR FURTHER CLARIFICATION.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT BOARD MEETINGS. ALL NEW MEMBERS ARE REQUIRED TO SIGN.
FORM 990, PART VI, SECTION B, LINE 15A	COMPENSATION REVIEW IS PERFORMED FOR THE EXECUTIVES BY THE PRESIDENT ANNUALLY. SALARY SURVEYS FROM ASAE ARE USED FOR COMPARISON TO OTHER TRADE ASSOCIATIONS. THE APPROVED SALARIES ARE COMMUNICATED TO THE MANAGEMENT COMPANY FOR PAYMENT TO THE EXECUTIVES.
FORM 990, PART VI, SECTION C, LINE 19	AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C - AUDIT COMMITTEE OVERSIGHT PROCESS	THE AUDIT COMMITTEE CONSISTS OF THE PRESIDENT, TREASURER AND THE MANAGEMENT TEAM. THE COMMITTEE REVIEWS THE AUDIT ENGAGEMENT LETTER AND THE PROGRESS OF THE AUDIT. THE COMMITTEE ALSO APPROVES AND REVIEWS THE AUDITED FINANCIAL STATEMENTS ALONG WITH PROPOSED ADJUSTMENTS, IF ANY. THE COMMITTEE DISCUSSES ANY FINDINGS WITH THE AUDIT FIRM AND DETERMINES IF EXPECTATIONS WERE MET AGAINST PRE-AUDIT FINANCIALS.