2025-08-06T12:57:41-05:00 2024-09-30 882730877 CHERRY BEKAERT ADVISORY LLC 1850 TOWERS CRESCENT PLAZA SUITE 200 TYSONS CORNER VA 22182 990 2023-10-01 135596799 NATIONAL INDUSTRIES FOR THE BLIND NATI 7033100500 3000 POTOMAC AVENUE ALEXANDRIA VA 22305 SORAYA CORREA PRESIDENT & CEO 7033100500 2025-07-21 1 1 MELANIE MCPEAK P01346034 7035064440 2023 2025-03-06 01:10:19Z SORAYA CORREA 3000 POTOMAC AVENUE ALEXANDRIA VA 22305 141647934 0 X WWW.NIB.ORG X 1938 NY TO ENHANCE THE OPPORTUNITIES FOR THE ECONOMIC AND PERSONAL INDEPENDENCE OF PEOPLE WHO ARE BLIND, PRIMARILY THROUGH CREATING, SUSTAINING, AND IMPROVING EMPLOYMENT. 17 17 175 18 37392 5071 0 2464791 32715510 34550594 -88167 840139 1914280 2140536 34541623 39996060 1167011 515196 0 0 21970718 22599188 0 0 0 14445283 12855380 37583012 35969764 -3041389 4026296 96697189 102214790 57367749 57267237 39329440 44947553 TO ENHANCE THE OPPORTUNITIES FOR THE ECONOMIC AND PERSONAL INDEPENDENCE OF PEOPLE WHO ARE BLIND, PRIMARILY THROUGH CREATING, SUSTAINING, AND IMPROVING EMPLOYMENT. 0 0 30149729 515196 36376671 IN FISCAL YEAR 2024, NIB AND ITS ASSOCIATED NONPROFIT AGENCIES EMPLOYED OVER 5,100 AMERICANS WHO ARE BLIND, LOW VISION, OR VISUALLY IMPAIRED, INCLUDING VETERANS, AND GENERATED 268 NEW JOB OPPORTUNITIES FOR PEOPLE WHO ARE BLIND THROUGH U.S. BASED PRODUCT MANUFACTURING AND SERVICE DELIVERY. NIB CONTINUES TO INVEST IN CAREER OPPORTUNITIES IN THE PROFESSIONAL SERVICES FIELDS. IN FISCAL 2024, 439 PEOPLE WHO ARE BLIND, LOW VISION, OR VISUALLY IMPAIRED WERE PROMOTED, OBTAINED COMPETITIVE POSITIONS, OR WERE PLACED INTO SUPPORTED POSITIONS WITHIN NIB ASSOCIATED AGENCIES OR THEIR COMMUNITIES AS A RESULT OF TRAINING AND REHABILITATION SERVICES. 30149729 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 46 0 1 175 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA NY X WENDY ROLDAN SENIOR VICE PRESIDENT AND CFO ADMINISTRATION & MANAGEMENT 7033100500 3000 POTOMAC AVENUE ALEXANDRIA VA 22305 PAUL M HEALY CHAIR 1.00 0.00 X X 0 0 0 KRISTIN K FRENCH VICE CHAIR 1.00 0.00 X X 228 0 0 LESLIE PINE TREASURER 1.00 0.00 X X 0 0 0 RICHARD T GINMAN SECRETARY 1.00 0.00 X X 0 0 0 CYNTHIA BRYANT DIRECTOR 1.00 0.00 X 0 0 0 DAVID D'ARCANGELO DIRECTOR 1.00 0.00 X 279 0 0 ZACH KLIPA DIRECTOR 1.00 0.00 X 0 0 0 CARL MCRAE DIRECTOR 1.00 0.00 X 0 0 0 FREDRIK C PALM DIRECTOR 1.00 1.00 X 0 0 0 J ANTHONY POLEO DIRECTOR 1.00 0.00 X 358 0 0 JONATHAN YUEN DIRECTOR 1.00 0.00 X 0 0 0 SHELLENA HEBER DIRECTOR 1.00 0.00 X 0 0 0 KYLE E JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 MATTHEW H KOCH DIRECTOR 1.00 0.00 X 0 0 0 TERI J SHIRK DIRECTOR 1.00 0.00 X 0 0 0 DENNIS L STEINER DIRECTOR 1.00 1.00 X 0 0 0 EDWARD P WELSH DIRECTOR 1.00 0.00 X 500 0 0 KEVIN A LYNCH PRESIDENT & CEO THRU APR 2024 40.00 1.00 X 484004 0 43676 ANGELA M HARTLEY EXEC VICE PRESIDENT 40.00 1.00 X 364095 0 37020 STEVEN T BRICE VICE PRESIDENT/CFO THRU DEC 2023 40.00 0.00 X 306914 0 47334 SORAYA CORREA PRESIDENT & CEO FROM MAR 2024 40.00 0.00 X 0 0 0 ANDREW B MUECK VICE PRESIDENT THRU OCT 2023 40.00 0.00 X 227286 0 26050 RICHARD A WEBSTER VICE PRESIDENT 40.00 0.00 X 216082 0 44219 THOMAS K LEHRICH VICE PRESIDENT THRU MAY 2024 40.00 0.00 X 207335 0 16492 MATTHEW R WIESELER VICE PRESIDENT 40.00 0.00 X 177804 0 43227 KEVIN R CAMPBELL VICE PRESIDENT 40.00 0.00 X 187113 0 27926 NIRMALA SIVAKUMAR SENIOR DIRECTOR 40.00 0.00 X 178402 0 42605 2350400 0 328549 71 0 1 0 APPLICATIONS SOFTWARE TECHNOLOGY 4343 COMMERCE CT STE 701 LISLE IL 60532 ERM BASE SUPPORT & SOFTWARE DEVELOPMENT 1024968 S&K SALES CO 2500 HAWKEYE COURT VIRGINIA BEACH VA 23452 RESALE BROKER SERVICES 702139 NEW TARGET INC 6363 WALKER LANE SUITE 330 ALEXANDRIA VA 22310 DIGITAL MARKETING 448812 AKIRE PRODUCTIONS 1214 EAST DIVISION STREET LOCKPORT IL 60441 EVENT MANAGEMENT 314594 WILEY REIN LLP 2050 M STREET NW WASHINGTON DC 20036 LEGAL SERVICES 157987 14 2464791 2464791 ABILITYONE PROGRAM FEE 900099 32695615 32695615 DISTRIBUTION SVCS FEES 900099 1738835 1738835 INTEREST FROM PROGRAM 900099 116144 116144 34550594 473721 473721 26500 26500 2754517 2441250 313267 313267 37392 275875 1495000 1128582 366418 366418 366418 99881619 98082042 1799577 1799577 OTHER REVENUE 900099 1192 1192 1192 39996060 36376671 37392 1117206 515196 515196 1293737 1200522 93215 16268168 13209559 3058609 1690167 1368276 321891 2061319 1728714 332605 1285797 1049831 235966 124429 105765 18664 255701 72659 183042 75000 75000 66082 66082 1238230 1221382 16848 1882981 1882981 555376 454935 100441 850232 722697 127535 980859 822030 158829 469314 441202 28112 1240037 1085541 154496 944026 802422 141604 1823472 1549951 273521 175975 149579 26396 SERVICE BUREAU 804313 687086 117227 DUES & SUBSCRIPTIONS 381464 63962 317502 TRAINING 260015 226802 33213 INVENTORY OBSOLESCENCE 254446 254446 473428 459191 14237 35969764 30149729 5820035 0 2696499 7513464 1598 2733 145270 152942 17608790 18953593 1206781 1193065 972799 528987 74969378 19742607 56869067 55226771 14398170 15853381 2798215 2789854 96697189 102214790 20480435 21266005 92591 145483 25634834 25043659 10923257 10455203 236632 356887 57367749 57267237 X 39184170 44794612 145270 152941 39329440 44947553 96697189 102214790 X 4026296 2111207 -519390 X 0 1 X 1 0 X 20270 4073659 600 2464791 6559320 87516426 77292088 105254127 121195647 134458710 525716998 87536696 81365747 105254727 121195647 136923501 532276318 0 10905750 10812724 5159163 4541386 4827372 36246395 10905750 10812724 5159163 4541386 4827372 36246395 496029923 1076407 1253897 1328515 1447779 1372052 6478650 1076407 1253897 1328515 1447779 1372052 6478650 38596 5071 43667 75435 3875 47898 3300 1192 131700 88688538 82623519 106669736 122646726 138301816 538930335 0.92040 0.90090 0.01200 0.01250 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 75,435. 2020 AMOUNT: $ 3,875. 2021 AMOUNT: $ 47,898. 2022 AMOUNT: $ 3,300. 2023 AMOUNT: $ 1,192. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 369645 0 0 369645 0 PART II-B, LINE 1: IN FY 2024, NATIONAL INDUSTRIES FOR THE BLIND PUBLIC POLICY INITIATIVES INCLUDED EDUCATING MEMBERS OF CONGRESS AND THEIR STAFF ON THE ABILITYONE PROGRAM AND OTHER ISSUES SURROUNDING EMPLOYMENT FOR PEOPLE WHO ARE BLIND. 7089555 7089555 46065899 6813914 39251985 9836478 4413799 5422679 2719845 1355372 1364473 9257601 7159522 2098079 55226771 DEFERRED COMPENSATION LIABILITY 356887 356887 X PART X, LINE 2: FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023, NIB HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. 1 BEACON LIGHTHOUSE INC 300 SEVENTH ST WICHITA FALLS TX 76301 237395720 501(C)(3) 7846 0 PRODUCTIVITY, TRAINING AND COMPLIANCE BEYOND VISION 1540 SOUTH 108TH ST WEST ALLIS WI 53214 391524326 501(C)(3) 30000 0 PRODUCTIVITY, TRAINING AND COMPLIANCE BEYOND VISION AIB INC 1540 SOUTH 108TH ST WEST ALLIS WI 53214 364185327 501(C)(3) 15419 0 PRODUCTIVITY, TRAINING AND COMPLIANCE CENTRAL ASSOC FT BLIND AND VISUALLY IMPAIRED 507 KENT STREET UTICA NY 13501 150543587 501(C)(3) 30000 0 PRODUCTIVITY, TRAINING AND COMPLIANCE CHICAGO LIGHTHOUSE FOR THE BLIND 1850 W ROOSEVELT RD CHICAGO IL 60608 475665042 501(C)(3) 30000 0 PRODUCTIVITY, TRAINING AND COMPLIANCE CINCINNATI ASSOCIATION FOR THE BLIND AND VISUALLY IMPAIRED 2045 GILBERT AVE CINCINNATI OH 45202 310538511 501(C)(3) 33164 0 PRODUCTIVITY, TRAINING, COMPLIANCE AND MENTORING GEORGIA INDUSTRIES FOR THE BLIND 700 FACEVILLE HIGHWAY BAINBRIDGE GA 39819 GOVT ENTITY 30000 0 PRODUCTIVITY, TRAINING, AND COMPLIANCE GOODWILL VISION ENTERPRISES 422 S CLINTON AVE ROCHESTER NY 14620 274212702 501(C)(3) 21503 0 PRODUCTIVITY, TRAINING, AND COMPLIANCE IFB SOLUTIONS 7730 NORTH POINT DRIVE WINSTON SALEM NC 27106 566001467 501(C)(3) 30000 0 PRODUCTIVITY, TRAINING AND COMPLIANCE INDUSTRIES FOR THE BLIND INC 445 S CURTIS RD WEST ALLIS WI 53214 390840476 501(C)(3) 30000 0 PRODUCTIVITY, TRAINING, AND COMPLIANCE INDUSTRIES OF THE BLIND INC 920 WEST GATE CITY BLVD GREENSBORO NC 27403 560532308 501(C)(3) 30000 0 PRODUCTIVITY, TRAINING AND COMPLIANCE LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED 1155 MARKET STREET 10TH FLOOR SAN FRANCISCO CA 94103 941415317 501(C)(3) 30000 0 PRODUCTIVITY, TRAINING, AND COMPLIANCE NORTHEASTERN ASSOCIATION OF THE BLIND AT ALBANY INC 301 WASHINGTON AVENUE ALBANY NY 12206 141338302 501(C)(3) 9760 0 PRODUCTIVITY, TRAINING AND COMPLIANCE OUTLOOK-NEBRASKA INC 4125 S 72ND ST OMAHA NE 68127 364348793 501(C)(3) 11836 0 PRODUCTIVITY, TRAINING AND COMPLIANCE THE LIGHTHOUSE FOR THE BLIND INC 2501 SOUTH PLUM STREET SEATTLE WA 98144 910295070 501(C)(3) 15125 0 PRODUCTIVITY, TRAINING AND COMPLIANCE VISIONSERVE ALLIANCE 8760 MANCHESTER RD ST LOUIS MO 63144 043613836 501(C)(3) 50000 0 BIG DATA PROJECT WEST TEXAS LIGHTHOUSE FOR THE BLIND 555 E 6TH ST SAN ANGELO TX 76903 751159559 501(C)(3) 13240 0 PRODUCTIVITY, TRAINING AND COMPLIANCE 17 0 PART I, LINE 2: NIB-ASSOCIATED NOT-FOR-PROFIT AGENCIES MUST SUBMIT GRANT REQUESTS THAT INCLUDE MEASURABLE AND FINANCIALLY BASED DESCRIPTIONS OF THE ANTICIPATED USE OF GRANT FUNDS. NIB MONITORS EACH GRANTEE'S PROGRESS BASED ON CRITERIA STATED IN THE GRANT AGREEMENT. AWARDS FOR ALL GRANTS ARE DISCRETIONARY ON THE PART OF NIB. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 KEVIN A LYNCH PRESIDENT & CEO THRU APR 2024 473204 0 0 0 10800 0 36300 0 7376 0 527680 0 0 0 ANGELA M HARTLEY EXEC VICE PRESIDENT 364095 0 0 0 0 0 36300 0 720 0 401115 0 0 0 STEVEN T BRICE VICE PRESIDENT/CFO THRU DEC 2023 306914 0 0 0 0 0 33857 0 13477 0 354248 0 0 0 RICHARD A WEBSTER VICE PRESIDENT 216082 0 0 0 0 0 24541 0 19678 0 260301 0 0 0 ANDREW B MUECK VICE PRESIDENT THRU OCT 2023 227286 0 0 0 0 0 24855 0 1195 0 253336 0 0 0 THOMAS K LEHRICH VICE PRESIDENT THRU MAY 2024 207335 0 0 0 0 0 16492 0 0 0 223827 0 0 0 MATTHEW R WIESELER VICE PRESIDENT 177804 0 0 0 0 0 21225 0 22002 0 221031 0 0 0 NIRMALA SIVAKUMAR SENIOR DIRECTOR 178402 0 0 0 0 0 20603 0 22002 0 221007 0 0 0 KEVIN R CAMPBELL VICE PRESIDENT 187113 0 0 0 0 0 20551 0 7375 0 215039 0 0 0 PART I, LINE 1A NIB OFFERS EACH DIRECTOR A REIMBURSEMENT OF UP TO $500 PER CALENDAR YEAR FOR THE COSTS OF HAVING HIS/HER SPOUSE ACCOMPANY HIM/HER TO A MEETING OF THE BOARD OF DIRECTORS. COMPANION PAYMENTS OF $1,365 WERE MADE TO FOUR DIRECTORS DURING THE CURRENT YEAR AND TREATED AS A TAXABLE BENEFIT. PART I, LINE 7 PERFORMANCE INCENTIVES ARE DETERMINED BY THE NIB BOARD FOR THE CEO. FOR OTHER STAFF, THE INDIVIDUAL PERFORMANCE INCENTIVE IS A PERCENTAGE OF SALARY BASED ON THE ACHIEVEMENT OF PERSONAL PERFORMANCE OBJECTIVES PLUS THE ACHIEVEMENT OF ORGANIZATIONAL GOALS AS SPECIFIED IN THE ANNUAL PERFORMANCE PLAN. DURING THE TAX YEAR, NO PERFORMANCE INCENTIVES WERE AWARDED. A THE IDA OF THE CITY OF ALEXANDRIA 521381432 000000000 2015-10-27 25634834 BUILDING CONSTRUCTION 0 0 0 A 25634834 628419 25006415 2018 0 0 1 1 A 1 1 0 0 0.00000 0.04510 0.04510 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS PREPARED BY THE INDEPENDENT ACCOUNTANTS AND REVIEWED IN DETAIL BY SENIOR MANAGEMENT. NIB'S AUDIT AND ETHICS COMMITTEE, A SUBCOMMITTEE OF THE BOARD OF DIRECTORS, THEN REVIEWED THE DRAFT. FINALLY, NIB PROVIDED THE FINAL 990 TO ALL DIRECTORS BEFORE IT WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH EMPLOYEE AND DIRECTOR IS REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY AND CERTIFY THAT HE/SHE UNDERSTANDS THE POLICY AND IS IN COMPLIANCE WITH IT. EMPLOYEES AND DIRECTORS ARE REQUIRED TO REPORT ANY ALLEGED CRIMINAL CONDUCT OR VIOLATIONS OF THE CONFLICT OF INTEREST POLICY TO ONE OF NIB'S THREE COMPLIANCE OFFICERS OR TO THE EXTERNAL NIB COMPLIANCE SERVICE PROVIDER. ANY PERSON WHO SUBMITS A CONCERN TO A NIB COMPLIANCE OFFICER OR TO THE EXTERNAL NIB COMPLIANCE SERVICE PROVIDER HAS THE OPTION OF REMAINING ANONYMOUS. THE COMPLIANCE OFFICERS CONDUCT INTERNAL INVESTIGATIONS, INVOLVING THE NIB BOARD AUDIT AND ETHICS COMMITTEE AS APPROPRIATE. THE COMPLIANCE OFFICERS HAVE THE AUTHORITY TO TRIGGER LAW ENFORCEMENT OR OTHER REGULATORY INQUIRIES AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 FOR THE CEO, THE BOARD OF DIRECTORS OF NIB SETS THE CEO'S COMPENSATION BASED ON: 1) INFORMATION PROVIDED BY PERIODIC COMPENSATION SURVEYS CONDUCTED BY OUTSIDE CONSULTANTS; 2) OTHER PUBLISHED COMPENSATION DATA; AND 3) GUIDANCE FROM NIB'S BOARD OF DIRECTORS. ALL THE INFORMATION IS DOCUMENTED IN BOARD MINUTES. FOR OTHER OFFICERS AND KEY EMPLOYEES, NIB SETS COMPENSATION BASED ON: 1) INFORMATION PROVIDED BY PERIODIC COMPENSATION SURVEYS CONDUCTED BY OUTSIDE CONSULTANTS; 2) OTHER PUBLISHED COMPENSATION DATA; AND 3) GUIDANCE FROM NIB'S INTERNAL CALIBRATION COMMITTEE. ALL THE INFORMATION IS DOCUMENTED IN EMPLOYEE PERSONNEL FILES. FORM 990, PART VI, SECTION C, LINE 19 NIB MAKES ITS CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN/LOSS ON INTEREST RATE SWAP -527,061. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 7,671. PAEGR PROPERTIES LLC 3000 POTOMAC AVE ALEXANDRIA VA 22305 475136039 RENTAL REAL ESTATE VA 1834650 50256691 NATIONAL INDUSTRIES FOR THE BLIND PAEGR2 LLC 3000 POTOMAC AVE ALEXANDRIA VA 22305 814356108 RENTAL REAL ESTATE VA 0 1954255 NATIONAL INDUSTRIES FOR THE BLIND EMPIRE STATE EMPLOYMENT RESOURCES FOR THE BLIND 136 STATE STREET 2ND FL ALBANY NY 12207 465157149 FACILITATE PREFERRED SOURCE PROGRAM IN NEW YORK STATE NY 501(C)(3) LINE 12A, I NATIONAL INDUSTRIES FOR THE BLIND 1 CORE CAREER 3000 POTOMAC AVE ALEXANDRIA VA 22305 873001143 PROVIDING EMPLOYMENT RELATED SERVICES TO UNDERSERVED VA 501(C)(3) LINE 10 NATIONAL INDUSTRIES FOR THE BLIND 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 CORE CAREER M 732000 PERCENTAGE ALLOCATION CORE CAREER Q 132000 PERCENTAGE ALLOCATION EMPIRE STATE EMPLOYMENT RESOURCES FOR THE BLIND Q 195000 PERCENTAGE ALLOCATION