2021-06-15T12:54:19-05:00 2021-02-28 420714325 RSM US LLP 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2020-03-01 135582627 NATIONAL RETAIL FEDERATION INC NATI 2027837971 1101 NEW YORK AVENUE NW NO 1200 WASHINGTON DC 200054348 ZAHILYS HERNANDEZ-PEREZ CFO 2027837971 2021-06-15 1 ZAHILYS HERNANDEZ-PEREZ 999009999 ELIZABETH W HELLER P00397829 2022932200 2021-06-14 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MATTHEW SHAY 1101 NEW YORK AVENUE NW NO 1200 WASHINGTON DC 200054348 27471747 0 X WWW.NRF.COM X 1911 NY NRF'S MISSION IS TO ADVANCE AND PROTECT THE INTERESTS OF THE RETAIL INDUSTRY. 33 32 126 500 547851 0 7617860 8038045 48162868 9807552 3471728 1790975 729084 549502 59981540 20186074 0 24690 0 0 23314867 19261208 0 0 0 33060745 18482822 56375612 37768720 3605928 -17582646 60558264 51823967 29336437 31740955 31221827 20083012 NRF'S MISSION IS TO ADVANCE AND PROTECT THE INTERESTS OF THE RETAIL INDUSTRY AND TO HELP RETAILERS ACHIEVE EXCELLENCE IN ALL AREAS OF THEIR BUSINESS. 0 0 NRF ADVANCES AND PROTECTS THE INTERESTS OF THE RETAIL INDUSTRY THROUGH ITS LEGISLATIVE AND REGULATORY ADVOCACY. THESE EFFORTS FOCUS ON THE ISSUES THAT DIRECTLY AFFECT THE RETAIL BUSINESS INCLUDING CREDIT AND PAYMENTS POLICY, LABOR BENEFITS AND EMPLOYMENT PRACTICES, TRADE AND TAX POLICY, AMONG OTHERS. NRF HELPS RETAILERS ACHIEVE EXCELLENCE IN ALL AREAS OF THEIR BUSINESS THROUGH ITS ANNUAL CONVENTION, CONFERENCES AND WORKSHOPS. THESE EVENTS BRING RETAILERS TOGETHER WITH INDUSTRY THOUGHT LEADERS AND SUPPLIERS TO EXPLORE RESEARCH ON THE FUTURE OF RETAIL; EXAMINE BENCHMARKING AND BEST PRACTICES OF INDUSTRY PEERS; AND LEARN ABOUT CUTTING EDGE PRODUCTS FROM THE INDUSTRY'S LEADING SOLUTION PROVIDERS. DESIGNED TO MEET THE NEEDS OF A VARIETY OF RETAIL DISCIPLINES INCLUDING STRATEGY AND RETAIL OPERATIONS, TECHNOLOGY, E-COMMERCE, LOSS PREVENTION AND MARKETING THE EVENTS ATTRACT MORE THAN 40,000 INDUSTRY PROFESSIONALS ANNUALLY. NRF HELPS ITS MEMBERS ACHIEVE EXCELLENCE IN THEIR BUSINESS THROUGH INFORMATION DISSEMINATION ON TOPICS THAT RANGE FROM DATA SECURITY, E-COMMERCE, SALES TRENDS, TO FACILITATION OF PEER TO PEER INTERACTION THAT CREATE WORKABLE SOLUTIONS TO BUSINESS CHALLENGES SUCH AS LEVERAGING TECHNOLOGY IN AN UNCERTAIN ECONOMY AND MANAGING GENERATIONAL DIFFERENCES. THE WORK IS CONDUCTED BY OVER 50 INDUSTRY COUNCILS AND TASK FORCES. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 168 0 1 126 1 1 1 0 0 0 1 1 0 1 0 X 33 32 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X ZAHILYS HERNANDEZ-PEREZ 2027837971 1101 NEW YORK AVENUE NW NO 1200 WASHINGTON DC 200054348 MIKE GEORGE CHAIR 0.50 0.00 X X 0 0 0 JEFF GENNETTE FIRST VICE CHAIR 0.50 0.50 X X 0 0 0 JOHN FURNER SECOND VICE CHAIR 0.50 0.00 X X 0 0 0 MATTHEW R SHAY PRESIDENT AND CEO 41.50 8.50 X X 3864338 0 703930 CHRISTOPHER BALDWIN IMMEDIATE PAST CHAIR 0.50 0.00 X 0 0 0 BETH ABERG DIRECTOR 0.50 0.00 X 0 0 0 RAY ALLEN DIRECTOR (START 1/21) 0.50 0.00 X 0 0 0 MARLA BECK DIRECTOR 0.50 0.00 X 0 0 0 GUNTHER BRIGHT DIRECTOR (END 10/20) 0.50 0.00 X 0 0 0 BRIAN CORNELL DIRECTOR (START 1/21) 0.50 0.00 X 0 0 0 TYSON CORNELL DIRECTOR (START 1/21) 0.50 0.00 X 0 0 0 CLAUDIO DEL VECCHIO DIRECTOR (END 10/20) 0.50 0.00 X 0 0 0 LEE DELANEY DIRECTOR (START 11/20) 0.50 0.00 X 0 0 0 MICHELLE GASS DIRECTOR (START 1/21) 0.50 0.00 X 0 0 0 ANTHONY HUCKER DIRECTOR 0.50 0.00 X 0 0 0 STEVE JOYCE DIRECTOR 0.50 0.00 X 0 0 0 STEVE KNOPIK DIRECTOR (END 12/20) 0.50 0.00 X 0 0 0 STEVE LAUGHLIN DIRECTOR 0.50 0.00 X 0 0 0 HAL LAWTON DIRECTOR (START 6/20) 0.50 0.00 X 0 0 0 SHARON M LEITE DIRECTOR 0.50 0.00 X 0 0 0 KEITH LIPERT DIRECTOR 0.50 0.00 X 0 0 0 PATRICE LOUVET DIRECTOR 0.50 0.00 X 0 0 0 JOHN MCATEER DIRECTOR 0.50 0.00 X 0 0 0 ANISH MELWANI DIRECTOR (START 6/20) 0.50 0.00 X 0 0 0 MARC METRICK DIRECTOR 0.50 0.00 X 0 0 0 MITCHELL B MODELL DIRECTOR (END 12/20) 0.50 0.00 X 0 0 0 RACHEL MUSHAHWAR DIRECTOR (END 12/20) 0.50 0.00 X 0 0 0 EVA PRESS DIRECTOR 0.50 0.00 X 0 0 0 DAVID RATNER DIRECTOR 0.50 0.00 X 0 0 0 JAMES RHEE DIRECTOR (END 12/20) 0.50 0.00 X 0 0 0 SERGIO ROJAS DIRECTOR 0.50 0.00 X 0 0 0 VIVEK SANKARAN DIRECTOR (START 11/20) 0.50 0.00 X 0 0 0 RACHEL SHECHTMAN DIRECTOR (END 12/20) 0.50 0.00 X 0 0 0 RODNEY SIDES DIRECTOR 0.50 0.00 X 0 0 0 KIMBERLY SMITH DIRECTOR (START 1/21) 0.50 0.00 X 0 0 0 EDWARD W STACK DIRECTOR 0.50 0.00 X 0 0 0 COLLEEN TAYLOR DIRECTOR (START 1/21) 0.50 0.00 X 0 0 0 KIP TINDELL DIRECTOR 0.50 0.00 X 0 0 0 ROBERT WALLSTROM DIRECTOR 0.50 0.00 X 0 0 0 TIFFANY ZARFAS WILLIAMS DIRECTOR 0.50 0.00 X 0 0 0 STEPHANIE MARTZ GENERAL COUNSEL 41.50 8.50 X 569662 0 80243 DAVID FRENCH SVP, GOVERNMENT RELATIONS 50.00 0.00 X 776611 0 90351 SUSAN NEWMAN SVP, CONFERENCES 50.00 0.00 X 460987 0 63661 WILLIAM THORNE SVP, PUBLIC RELATIONS 50.00 0.00 X 582708 0 80488 ARTEMIS SAKELL SENIOR DIRECTOR, EXHIBITS 50.00 0.00 X 423752 0 43218 LISA MARZETTI SVP, MEMBER DEVELOPMENT & STRATEGIC (END 5/20) 50.00 0.00 X 515800 0 23476 7193858 0 1085367 55 0 1 0 CRAFT MEDIA DIGITAL LLC 1600 K STREET NW SUITE 300 WASHINGTON DC 20006 "SHOP EARLY, SHOP SAFE" ADVERTISING CAMP 1977824 FREEMAN AUDIO VISUAL INC PO BOX 650519 DALLAS TX 75265 CONVENTION AUDIO VISUAL 1818806 THE FREEMAN COMPANIES PO BOX 650036 DALLAS TX 75265 SHOW MANAGEMENT 1734136 BLUETEXT LLC 3400 IDAHO AVE NW SUITE 400 WASHINGTON DC 20016 MARKETING STRATEGY CONSULTING, EXECUTION 652463 SEYFARTH SHAW LLP 233 S WACKER DRIVE SUITE 8000 CHICAGO IL 60606 COVID-19 RESOURCE DEPLOYMENT AND SUPPORT 504685 31 8038045 8038045 EVENTS 900099 6254703 6254703 SPECIAL PROJECTS 900099 2831378 2831378 MEMBER PROGRAMS 900099 720397 720397 SUBSCRIPTIONS 900099 1074 1074 9807552 1001182 1001182 549502 547851 1651 8011705 63761 7285321 352 726384 63409 789793 789793 20186074 9807552 547851 1792626 X 24690 5033949 11302585 1513501 320185 1090988 1585523 48482 1126265 80340 3812606 904792 1850825 816445 2190826 39379 3284693 1693 747523 82306 TAXES 841900 DUES 367464 BUS & REPRESENTATION 363206 BAD DEBT EXPENSE 60000 278554 37768720 13404271 4641328 793937 2200661 2089983 1040631 628114 7159389 4996346 2805012 2163043 38261347 38740078 2052405 3561421 60558264 51823967 12741784 9745609 10053005 16462668 6541648 5532678 29336437 31740955 X 31221827 20083012 31221827 20083012 60558264 51823967 X -17582646 4057360 6758 2379713 X 0 1 X 1 0 1 0 0 SCHEDULE C, PART III: ADDITIONAL INFORMATION: A LARGE AMOUNT OF NRF'S DIRECT AND GRASSROOTS LOBBYING ACTIVITIES ARE PERFORMED BY NRF'S STAFF OF LOBBYISTS. 3309978 2207124 1102854 712950 488589 224361 3136461 2300633 835828 2163043 DEFERRED COMPENSATION 3561421 3561421 DEFERRED COMPENSATION 3167494 ACCRUED RENT 1649670 LEASES PAYABLE 16085 PENSION LIABILITY 294302 DEFERRED PAYROLL TAXES 405127 5532678 0 NRF FOUNDATION 1101 NEW YORK AVE NW WASHINGTON DC 20005 521224690 501(C)(3) 24690 GENERAL SUPPORT 1 0 PART I, LINE 2: THE ONLY GRANT AWARDED IS TO A RELATED ORGANIZATION, NRF FOUNDATION. THEREFORE NRF IS ABLE TO MONITOR THE USE OF GRANTS CLOSELY. X X X 1 1 X X X X X X 1 1 0 MATTHEW R SHAY PRESIDENT AND CEO 1995833 0 1500000 0 368505 0 550850 0 153080 0 4568268 0 0 0 DAVID FRENCH SVP, GOVERNMENT RELATIONS 515000 0 225000 0 36611 0 50850 0 39501 0 866962 0 0 0 WILLIAM THORNE SVP, PUBLIC RELATIONS 419500 0 150000 0 13208 0 48312 0 32176 0 663196 0 0 0 STEPHANIE MARTZ GENERAL COUNSEL 412000 0 150000 0 7662 0 47743 0 32499 0 649904 0 0 0 LISA MARZETTI SVP, MEMBER DEVELOPMENT & STRATEGIC 515800 0 0 0 0 0 14906 0 8570 0 539276 0 0 0 SUSAN NEWMAN SVP, CONFERENCES 320000 0 135000 0 5987 0 39117 0 24544 0 524648 0 0 0 ARTEMIS SAKELL SENIOR DIRECTOR, EXHIBITS 67321 0 356262 0 169 0 32426 0 10793 0 466971 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL IS PROVIDED TO NRF EMPLOYEES ON AN EXCEPTION BASIS FOR OVERSEAS TRAVEL. IT IS NOT INCLUDED AS COMPENSATION ON A W-2 AS WE CONSIDER IT PART OF DOING BUSINESS. THE CEO CONTRACT REQUIRES SPOUSAL PARTICIPATION IN A LIMITED NUMBER OF EVENTS THROUGHOUT THE YEAR. THIS IS A BUSINESS REQUIREMENT AND AS SUCH IS NOT REPORTED ON A W-2. NRF PAYS MONTHLY CLUB DUES FOR ONE HCE FOR BUSINESS PURPOSES ANY NON-BUSINESS USE IS REPORTED AS COMPENSATION ON THE HCE'S W-2. PART I, LINES 4A-B THE CEO PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN AS DESCRIBED IN SECTION 457F OF THE IRC PAYMENTS TO THE 457F PLAN CONSIST OF EMPLOYER CONTRIBUTONS. THERE WAS A 457F CONTRIBUTION OF $600,000 IN THE CURRENT YEAR. LISA MARZETTI RECEIVED $381,250 OF SEVERANCE. FORM 990, PART VI, SECTION A, LINE 6 NRF IS A MEMBERSHIP BASED TRADE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A NRF'S GOVERNING BODY IS ELECTED BY ITS MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B NRF'S GOVERNING BODY NOMINATES ITS OFFICERS, WHICH ARE THEN SUBJECT TO THE APPROVAL OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B NRF'S FINANCE COMMITTEE IS A STANDING COMMITTEE OF THE BOARD OF DIRECTORS AND IS RESPONSIBLE FOR THE FINANCIAL AND ACCOUNTING MATTERS OF THE FEDERATION. AS SUCH, THE FINANCE COMMITTEE HAS PRIMARY BOARD RESPONSIBILITY FOR THE REVIEW OF THE NRF'S OPERATING BUDGET AND AUDITED FINANCIAL STATEMENTS IN ITS BOARD AUTHORIZED ROLE. THE FINANCE COMMITTEE ALSO REVIEWS THE FORM 990 WITH NRF'S MANAGEMENT. A COMPLETE COPY OF THE 2020 FORM 990 WAS SHARED WITH THE FINANCE COMMITTEE PRIOR TO ITS FILING. THE FINAL RETURN WAS SIGNED BY NRF'S TAX ADVISOR, RSM US LLP AND NRF'S CFO AND WAS FILED ON A TIMELY BASIS. FORM 990, PART VI, SECTION B, LINE 12C NRF PERIODICALLY REVIEWS ITS BUSINESS ETHICS & EMPLOYEE CONDUCT POLICY WITH STAFF. MEMBER MEETINGS, COMMITTEE MEETINGS AND ALL BOARD MEETINGS ARE OPENED WITH EITHER A WRITTEN DISTRIBUTION OF THE NRF ANTITRUST GUIDELINES OR A GENERAL REFERENCE TO THE FACT THAT NRF DOES HAVE SUCH GUIDELINES AND THOSE ATTENDING ARE REQUESTED TO ADHERE TO THEM. NRF'S GOVERNING BODY ALSO ATTESTS ANNUALLY TO ITS CONFLICT OF INTEREST POLICY. IN THE EVENT A CONFLICT IS DETERMINED, THE BOARD MEMBER WITH THE CONFLICT IS ASKED TO RECUSE HIM OR HERSELF FROM VOTING ON THE MATTER UNDER DISCUSSION. FORM 990, PART VI, SECTION B, LINE 15 NRF'S COMPENSATION COMMITTEE, WHICH IS COMPRISED OF MEMBERS OF THE GOVERNING BODY, ESTABLISHES THE COMPENSATION FOR THE CEO. IN SETTING THE COMPENSATION THE GROUP CONSIDERS PERFORMANCE TO GOALS AS WELL AS COMPARABILITY DATA. THERE IS CONTEMPORANEOUS SUBSTANTIATION OF THE COMMITTEE'S DELIBERATIONS. PART VI, SECTION B, LINE 15B: NRF'S PRESIDENT AND CEO ESTABLISHES THE COMPENSATION OF THE OTHER OFFICERS OF THE ORGANIZATION. IN SETTING THE COMPENSATION, THE PRESIDENT AND CEO CONSIDERS PERFORMANCE TO GOALS AS WELL AS COMPARABILITY DATA. THESE DECISIONS ARE REVIEWED WITH THE COMPENSATION COMMITTEE ANNUALLY AND THERE IS CONTEMPORANEOUS SUBSTANTIATION OF THE COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 NRF'S FINANCIAL INFORMATION IS MADE AVAILABLE THROUGH THE PUBLIC DISCLOSURE OF ITS FORM 990. NRF'S ARTICLES OF INCORPORATION ARE ON FILE WITH THE STATE OF NEW YORK AND ADDITIONAL GOVERNANCE INFORMATION IS CONTAINED IN THE FORM 990. NRF'S CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G "SHOP EARLY, SHOP SAFE" CAMPAIGN 1,856,782. OTHER PROFESSIONAL FEES 1,955,824. FORM 990, PART XI, LINE 9: OCI-PENSION 2,379,713. NRF FOUNDATION 1101 NEW YORK AVE NW SUITE 1200 WASHINGTON DC 20005 521224690 SUPPORT AND PROMOTE RETAIL EDUCATION, RESEARCH, AND CAREERS DC 501(C)(3) LINE 10 NATIONAL RETAIL FEDERATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 NRF FOUNDATION Q 1978489 COST NRF FOUNDATION R 177736 COST NRF FOUNDATION S 559321 COST