2016-09-14T09:30:15-05:00 2015-12-31 521855942 Tate and Tryon 2021 L Street NW Suite 400 Washington DC 20036 990 2015-01-01 526054211 EQUIPMENT LEASING AND FINANCE ASSOCIATION INC EQUI 2022383400 1825 K STREET NW No 900 WASHINGTON DC 20006 Ralph A Petta PRESIDENT & CEO 2022383400 2016-09-14 1 R Michael Sorrells P00001737 2022932200 2015 2017-02-10 21:41:12Z Ralph A Petta 1825 K STREET NW No 900 WASHINGTON DC 20006 13382084 0 X WWW.ELFAONLINE.ORG X 1961 MD TO PROMOTE INTEREST AND PROVIDE PROGRAMS REGARDING EQUIPMENT LEASING AND FINANCING. 25 25 28 750 192414 -4811 311200 353380 8180657 8701888 215117 -273280 204323 156765 8911297 8938753 10000 10000 0 0 3156629 3385239 0 0 0 5100582 5214418 8267211 8609657 644086 329096 11193906 11464382 3888812 3830192 7305094 7634190 X THE ASSOCIATION EXISTS TO PROMOTE AND REPRESENT THE GENERAL INTERESTS OF THE EQUIPMENT LEASING AND FINANCING INDUSTRY, PROVIDE PROGRAMS OF BENEFIT TO THE INDUSTRY AND ITS MEMBERS, PROVIDE INFORMATION, EDUCATION AND COMMUNICATIONS TO THE MEMBERSHIP AND THE PUBLIC, LEAD IN THE RESOLUTION OF GENERAL INDUSTRY PROBLEMS, AND PROMOTE HIGH STANDARDS OF BUSINESS PRACTICES WITHIN THE INDUSTRY. 0 0 MEMBER RELATIONS - PROVIDING EFFECTIVE ASSOCIATION LEADERSHIP, INDUSTRY KNOWLEDGE, AND COMMUNICATING THE CREDIBILITY OF THE EQUIPMENT LEASING AND FINANCE INDUSTRY TO POLICY MAKERS AND THE NATION AS A WHOLE. BUSINESS DEVELOPMENT - WORKING TO ACHIEVE SUSTAINED GROWTH AND PROFITABILITY FOR MEMBERS THROUGH NETWORKING, SHARING AND MUTUAL ASSISTANCE, MARKET KNOWLEDGE AND A POSITIVE INDUSTRY IMAGE. INDUSTRY ADVOCACY - PRESENTING A STRONG COLLECTIVE VOICE FOR THE INDUSTRY AND REPRESENTING THE INDUSTRY WITH LAWMAKERS, REGULATORS AND STANDARD SETTERS. INDUSTRY KNOWLEDGE - DELIVERING KNOWLEDGE THROUGH INDUSTRY PERFORMANCE STATISTICS, SPECIFIC BENCHMARKING REPORTS AND SPECIFIC TARGET MARKET ANALYSIS. PROFESSIONAL COMPETENCY - RAISING THE COMPETENCY OF INDUSTRY PROFESSIONALS THROUGH A COMBINATION OF FACE-TO-FACE CONFERENCES AND VARIOUS TECHNOLOGY CHANNELS. 0 1 1 1 0 0 0 0 0 1 0 0 0 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 0 0 1 31 0 1 28 1 1 1 0 0 0 1 1 0 X 25 25 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X PAUL STILP 2022383400 1825 K STREET NW SUITE 900 WASHINGTON DC 20006 ANDREW BENDER DIRECTOR 2.00 X 0 0 0 WILLIAM BESGEN DIRECTOR 2.00 X 0 0 0 MICHAEL CAMPBELL DIRECTOR 2.00 X 0 0 0 AYLIN CANKARDES DIRECTOR 2.00 X 0 0 0 DIANE CROESSMANN DIRECTOR 2.00 X 0 0 0 MICHAEL DICECCO DIRECTOR 2.00 X 0 0 0 JOHN EVANS DIRECTOR 2.00 X 0 0 0 LORI FRASIER DIRECTOR 2.00 X 0 0 0 DAVID GILMORE DIRECTOR 2.00 X 0 0 0 BRIAN GRIFFIN DIRECTOR 2.00 X 0 0 0 MILES HERMAN DIRECTOR 2.00 X 0 0 0 BRIAN HOLLAND DIRECTOR 2.00 X 0 0 0 SANJAY KUMAR DIRECTOR 2.00 X 0 0 0 GARY LOMONACO DIRECTOR 2.00 X 0 0 0 DAVID MIRSKY DIRECTOR 2.00 X 0 0 0 WILLIAM PHELAN DIRECTOR 2.00 X 0 0 0 STEPHEN WHELAN DIRECTOR 2.00 X 0 0 0 William Stephenson Chairman 6.00 X X 0 0 0 Robert J rinaldi immediate past chair 3.00 X X 0 0 0 david t schaefer vice chairman 3.00 X X 0 0 0 martha ahlers vice chairman 3.00 X X 0 0 0 jud snyder vice chairman 3.00 X X 0 0 0 anthony v cracchiolo chair elect 4.00 X X 0 0 0 Robert l boyer treasurer 6.00 X X 0 0 0 WILLIAM SUTTON PRESIDENT & CEO 35.50 2.00 X 429589 0 58489 PAUL STILP SECRETARY 35.50 2.00 X 148113 0 31092 RALPH PETTA CHIEF OPERATING OFFICER 37.50 X 241572 0 55232 ANDREW FISHBURN VICE PRESIDENT 37.50 X 251666 0 29653 DENNIS BROWN VICE PRESIDENT 37.50 X 162614 0 41347 LESLEY STERLING VICE PRESIDENT 37.50 X 175276 0 56995 AMY VOGT VICE PRESIDENT 37.50 X 138051 0 17917 WILLIAM CHOI VICE PRESIDENT 37.50 X 108839 0 21670 1655720 0 312395 10 0 1 0 O'Keefe Communications Inc 4301 Connecticut Ave NW Washington DC 20008 Convention Services 202305 Vertex Inc 1041 Old Cassatt Rd Berwyn PA 92102 State tax information services 172500 Pricewaterhouse Coopers LLP 41 S High St Columbus OH 20004 Industry Research Services 149165 Washington Council E&Y LLP 1001 Pennsylvania Ave NW Washington DC 44022 Strategic Advocacy Consulting 135000 LaRich & Associates Inc 512 E Washington St Chagrin Falls OH 20910 Sales and Marketing Services 120360 6 353380 353380 MEMBER DUES 900099 4602845 4602845 CONVENTION/SEMINARS 900099 3696274 3696274 ADVERTISING 541800 344506 152092 192414 PUBLICATIONS 900099 58263 58263 8701888 264736 264736 60589 60589 3905315 4443331 -538016 -538016 -538016 SUBLEASE INCOME 900099 96176 96176 96176 8938753 8509474 192414 -116515 10000 974077 1902862 185579 159887 162834 66209 107448 180032 70204 644629 255398 545689 27566 9480 551287 265865 1892599 63213 35726 Credit Card Fees 142314 Dues & Subscriptions 80923 Misc 57777 Community Service Proje 46886 171173 8609657 3468105 3127668 48178 65341 106116 306499 1131910 951100 244327 180810 7249821 7704786 77359 79278 11193906 11464382 440414 559652 3247772 3107513 200626 163027 3888812 3830192 X 7305094 7634190 7305094 7634190 11193906 11464382 329096 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84000 EQUIPMENT LEASING AND FINANCE ASSN PAC (LEASEPAC) 1825 K STREET NW WASHINGTON DC 20006 541611789 0 0 1 4602845 1816309 -1663808 152501 1380854 -1228353 183627 141895 41732 948283 809205 139078 180810 DEFERRED RENT 163027 163027 8868349 0 8868349 70204 200 70404 8938753 8539253 0 8539253 70204 200 70404 8609657 Part XI, Line 4b - Other Adjustments: miscellaneous reclassification Part XII, Line 4b - Other Adjustments: miscellaneous reclassification 1 EQUIPMENT LEASING & FINANCE FOUNDATIONINC 1825 K STREET NW WASHINGTON DC 20006 541527848 501(c)(3) 10000 CASH GENERAL SUPPORT 1 0 Part I, Line 2: grant made to controlled related organization for exempt purposes. X 1 1 X X X X X 0 0 0 WILLIAM SUTTON PRESIDENT & CEO 375342 0 50729 0 3518 0 33806 0 26787 0 490182 0 0 0 PAUL STILP SECRETARY 132555 0 15024 0 534 0 12243 0 23463 0 183819 0 0 0 RALPH PETTA CHIEF OPERATING OFFICER 214882 0 23311 0 3379 0 43226 0 15279 0 300077 0 0 0 ANDREW FISHBURN VICE PRESIDENT 251456 0 0 0 210 0 29252 0 6102 0 287020 0 0 0 DENNIS BROWN VICE PRESIDENT 160602 0 0 0 2012 0 29042 0 12847 0 204503 0 0 0 LESLEY STERLING VICE PRESIDENT 173742 0 0 0 1534 0 32311 0 29337 0 236924 0 0 0 AMY VOGT VICE PRESIDENT 137963 0 0 0 88 0 11327 0 10387 0 159765 0 0 0 Form 990, Part VI, Section A, line 6 MEMBERS (OTHERS THAN ASSOCIATE MEMBERS) HAVE VOTING RIGHTS. Form 990, Part VI, Section A, line 7a MEMBERS ARE ENTITLED TO VOTE FOR THE BOARD OF DIRECTORS, EXCEPT FOR ASSOCIATE MEMBERS, WHO DO NOT HAVE VOTING RIGHTS AND MAY NOT HAVE THEIR REPRESENTATIVES SERVE AS OFFICERS. Form 990, Part VI, Section B, line 11 THE ASSOCIATION'S BOARD OF DIRECTORS HAS DESIGNATED THE AUDIT COMMITTEE TO REVIEW THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, line 12c OFFICERS, DIRECTORS, AND EMPLOYEES ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. COMPLIANCE IS MONITORED BY APPROPRIATE STAFF AND OUTSIDE COUNSEL. IN THE EVENT THAT THE ASSOCIATION DISCOVERS THAT A MEMBER OF THE GOVERNING BODY HAD A CONFLICT OF INTEREST, THE ASSOCIATION'S POLICY ON CONFLICTS OF INTEREST WOULD REQUIRE THAT THE PERSON NOT SOLICIT THE TRANSACTION, NOT TAKE PART IN NEGOTIATING, RENEGOTIATING, AMENDING OR APPROVING THE TRANSACTION, NOT EXERCISE ANY RECOMMENDING OR DECISION-MAKING AUTHORITY ARISING FROM HIS OR HER POSITION WITH ELFA, AND NOT EXERCISE ANY PERSONAL INFLUENCE WITH THE BOARD OF DIRECTORS OR WITH ANY OTHER MANAGER OR EMPLOYEE OF ELFA OR ANY ENTITY CONTROLLED BY ELFA IN THE DISPOSITION OF THE MATTER. Form 990, Part VI, Section B, line 15 AN INDEPENDENT CONSULTING FIRM IS RETAINED AS NEEDED TO PROVIDE COMPARABILITY DATA AND ADVISE ON MANAGEMENT SALARIES. THE DATA IS REVIEWED AND APPROVED BY THE PERSONNEL COMMITTEE. THE PRESIDENT'S LAST COMPENSATION REVIEW WAS HELD IN DECEMBER 2014. Form 990, Part VI, Section C, line 19 BYLAWS, POLICES AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ASSOCIATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. equipment leasing & finance foundation inc 1825 k street nw washington DC 20006 541527848 research DC 501(c)(3) line 11b, II elfa 0 equipment leasing and finance association pac (leasepac) 1825 k street nw washington DC 20006 political action committee DC 527 N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 EQUIPMENT LEASING AND FINANCE FOUNDATION N 54902 CASH EQUIPMENT LEASING AND FINANCE FOUNDATION O 212888 CASH