2025-11-14T14:17:36-06:00 2024-12-31 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2024-01-01 942478143 THE ESOP ASSOCIATION ESOP 2022932971 200 MASSACHUSETTS AVENUE NW 410 WASHINGTON DC 20001 JAMES J BONHAM PRESIDENT AND CEO 2022932971 2025-11-14 1 0 AARON M FOX P01365820 2022274000 2025-11-14 2024 2025-03-06 01:10:19Z JAMES J BONHAM 200 MASSACHUSETTS AVENUE NW 410 WASHINGTON DC 20001 10906016 0 X WWW.ESOPASSOCIATION.ORG X 1978 CA TO REPRESENT THE INTEREST OF ALL CORPORATIONS THAT SPONSOR EMPLOYEE STOCK OWNERSHIP PLANS. 11 11 29 150 51662 44528 0 0 9240132 10082903 58901 169084 430036 400440 9729069 10652427 0 0 0 0 3464474 4280004 0 0 0 6011139 6646521 9475613 10926525 253456 -274098 6482421 5958407 5519886 5287182 962535 671225 X THE ESOP ASSOCIATION REPRESENTS THE INTERESTS OF ALL CORPORATIONS THAT SPONSOR EMPLOYEE STOCK OWNERSHIP PLANS, OR ESOPS. THE ESOP ASSOCIATION PROVIDES ADVOCACY AND EDUCATIONAL SERVICES ON BEHALF OF ITS MEMBERS. CORPORATE MEMBERSHIP IN THE ESOP ASSOCIATION IS OPEN TO ALL ESOP COMPANIES; MEMBERS ARE CLOSELY HELD BUSINESSES, AND INCLUDE BOTH C AND S CORPORATIONS, ACROSS ALL INDUSTRIES. 0 0 CONFERENCES, WEBINARS, AND ROUNDTABLES: OVER 11,600 ATTENDEES, MOSTLY EMPLOYEES OF ASSOCIATION MEMBERS, ATTENDED FOUR NATIONAL CONFERENCES, OVER 80 LOCAL, STATE, AND REGIONAL ROUNDTABLES, SEMINARS, AND CONFERENCES IN 2024. THESE GATHERINGS FOCUSED PRIMARILY ON MANAGEMENT AND LEADERSHIP LEARNING TO IMPROVE CORPORATE MEMBERS' OWNERSHIP CULTURE THAT RESEARCH AND DATA INDICATES LEADS TO MORE PRODUCTIVE AND PROFITABLE EMPLOYEE-OWNED COMPANIES. SECONDARILY, THE EDUCATION FOCUSED ON THE MANY LAWS AND REGULATIONS, JUDICIAL RULINGS THAT MUST BE COMPLIED WITH BY CORPORATIONS SPONSORING AN EMPLOYEE STOCK OWNERSHIP PLAN. MEMBERSHIP: APPROXIMATELY 3,000 MEMBERS ARE PROVIDED INFORMATION ABOUT DEVELOPMENTS WITH REGARD TO FEDERAL GOVERNMENT LEGISLATIVE, REGULATORY, AND JUDICIAL ACTIVITIES DIRECTLY IMPACTING THE OPERATION AND CREATION OF ESOPS BY U.S. CORPORATIONS, VIA WRITTEN MATERIALS, SOCIAL MEDIA, AND WEBSITE POSTINGS. THE ASSOCIATION STAFF PROVIDES PRESENTATIONS TO THE MANY CONFERENCES AND MEETINGS NOTED IN 4A ABOVE. THE ASSOCIATION SELLS WRITTEN MATERIALS, AND ELECTRONIC MATERIALS ON THE OPERATION OF ESOPS IN A MANNER THAT IMPROVES CORPORATE PERFORMANCE, AND COMPLIES WITH LAW AND REGULATIONS. GOVERNMENT RELATIONS: IN ACCORD WITH ITS (C)(6) STATUS, THE ASSOCIATION PROVIDES REPRESENTATION SERVICES TO ITS MEMBERS, OR LOBBYING SERVICES, BY INTERACTING WITH ITS MEMBERS TO EXPRESS THEIR POSITIONS ON LEGISLATION AND REGULATIONS THAT IMPACT, OR MAY IMPACT ESOP OPERATIONS AND CREATION, AND BY INTERACTING WITH OFFICES OF CONGRESS, CERTAIN REGULATORY AGENCIES, PRIMARILY THE IRS AND DEPARTMENT OF LABOR, AND ON OCCASION BY FILING AMICUS BRIEFS IN SIGNIFICANT LAWSUITS THAT MAY IMPACT ESOP OPERATION AND CREATION. PROVIDING TECHNICAL ASSISTANCE TO MEMBERS AND THE PUBLIC: PUBLICATIONS, SEMINARS, AND EDUCATION ON ESOP COMPANY MANAGEMENT. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 33 0 1 29 1 1 1 0 0 0 1 1 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 0 1 0 0 CA X THE ASSOCIATION 2022932971 200 MASSACHUSETTS AVENUE NW 410 WASHINGTON DC 20001 KAREN ELLIS CHAIR 1.00 1.00 X X 0 0 0 DERRICK VICK VICE CHAIR 1.00 1.00 X X 0 0 0 ALI JAMSHIDI IMMEDIATE PAST CHAIR 1.00 1.00 X X 0 0 0 STEVE EARLE SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 CARA BENNINGFIELD PROFESSIONAL MEMBER AT LARGE 1.00 1.00 X 0 0 0 CONNIE BURNETTE AT LARGE BOARD MEMBER 1.00 1.00 X 0 0 0 DAVID FITZ-GERALD CHAIR EMPLOYEE OWNERSHIP FOUNDATION 1.00 1.00 X 0 0 0 PETER A NEY CHAIR PUBLIC POLICY 1.00 X 0 0 0 ROBYN POLLINA AT LARGE BOARD MEMBER - UNTIL 4/2024 1.00 1.00 X 0 0 0 GARY SHORMAN AT LARGE BOARD MEMBER 1.00 1.00 X 0 0 0 BECKY STREFF CHAIR CRCC 1.00 1.00 X 0 0 0 LORI STUART CHAIR ADVISORY 1.00 1.00 X 0 0 0 JAMES BONHAM PRESIDENT & CEO 35.00 5.00 X 507594 72513 37913 KRISTIE MARK CHIEF OPERATING OFFICER 30.00 10.00 X 253984 84662 56584 DANIEL MARCUE VICE PRESIDENT FOR CHAPTER AND EDUCATIONAL PROGRAM 40.00 X 270189 0 67688 GREG FACCHIANO VP GOVERNMENT RELATIONS AND PUBLIC AFFAIRS 40.00 X 226310 0 68586 DANIELLE DUFFY SENIOR DIRECTOR OF OPERATIONS 31.00 9.00 X 142500 30000 26197 JENNIFER EDWARDS VICE PRESIDENT, MEMBER SERVICES 40.00 X 163705 0 52943 1564282 187175 309911 13 0 1 0 VC4 LLC 8245 BACKLICK RD SUITE E LORTON VA 22079 AUDIO/VISUAL 290015 CORNERSTONE GOVERNMENT AFFAIRS 800 MAINE AVE SW 7TH FL WASHINGTON DC 20024 GOVERNMENT AND CONSULTING SERVICES 240063 ACADIA BAY CONSULTING LLC 171 BOSTIAN LAKE ROAD STATESVILLE NC 28677 TECHNICAL SUPPORT 112404 KEPPLER SPEAKERS 4121 WILSON BLVD SUITE 405 ARLINGTON VA 22203 SPEAKERS FOR EVENTS 104750 4 SEMINARS/CONFERENCES 900099 6749668 6749668 MEMBERSHIP DUES 900099 3170049 3170049 OTHER PROGRAMS 900099 156112 156112 PUBLICATIONS 900099 7074 7074 10082903 61115 61115 206934 51662 155272 361558 253589 107969 107969 107969 EOF ADMINISTRATIVE FEE 900099 180000 180000 MISCELLANEOUS REVENUE 900099 13506 13506 193506 10652427 10082903 51662 517862 545507 2907422 172476 424970 229629 45554 38600 291370 9938 196948 595169 464503 332599 219345 4292658 113058 35750 TAXES 11029 10926525 2000585 1025095 55913 56656 270586 513951 86721 97215 1255942 791666 547648 464276 1839355 1980512 1681613 1820702 6482421 5958407 963880 435397 1894404 2294063 2661602 2557722 5519886 5287182 X 962535 671225 962535 671225 6482421 5958407 -274098 -17212 0 X 0 1 X 1 0 0 0 1 3170049 558214 -2676155 -2117941 634010 -2751951 584229 207443 376786 272116 205350 66766 399597 378873 20724 464276 OPERATING RIGHT-OF-USE ASSET 1362412 SECURITY DEPOSIT 232110 DEFFERED COMPENSATION INVESTMENTS 226180 1820702 OPERATING LEASE LIABILITY 2331542 DEFERRED COMPENSATION LIABILITY 226180 2557722 X 10635215 -17212 -17212 10652427 0 10652427 10926525 0 10926525 0 10926525 PART X, LINE 2: THE ORGANIZATION HAS EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. X X X X X 0 0 0 JAMES BONHAM PRESIDENT & CEO 429597 61371 77997 11142 0 0 33000 0 4913 0 545507 72513 0 0 KRISTIE MARK CHIEF OPERATING OFFICER 213954 71318 40030 13344 0 0 33000 0 23584 0 310568 84662 0 0 DANIEL MARCUE VICE PRESIDENT FOR CHAPTER AND EDUCATIONAL PROGRAM 255189 0 15000 0 0 0 33000 0 34688 0 337877 0 0 0 GREG FACCHIANO VP GOVERNMENT RELATIONS AND PUBLIC AFFAIRS 213810 0 12500 0 0 0 33000 0 35586 0 294896 0 0 0 JENNIFER EDWARDS VICE PRESIDENT, MEMBER SERVICES 151205 0 12500 0 0 0 33000 0 19943 0 216648 0 0 0 DANIELLE DUFFY SENIOR DIRECTOR OF OPERATIONS 140000 30000 2500 0 0 0 10000 0 16197 0 168697 30000 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE ARE FOUR CLASSES OF MEMBERS: CORPORATE MEMBERS, PROFESSIONAL MEMBERS, EDUCATIONAL MEMBERS, AND AFFILIATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH CORPORATE MEMBER SHALL HAVE ONE VOTE. EACH INDIVIDUAL PROFESSIONAL MEMBER SHALL HAVE ONE VOTE. EACH FIRM PROFESSIONAL MEMBER SHALL HAVE ONE VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT AND THE CHIEF OPERATING OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS SIGN THE CONFLICT OF INTEREST POLICY EACH YEAR. CONSISTENTLY AT BOARD MEETINGS THE POLICY IS REFERENCED SHOULD THERE BE ANY DISCUSSION OF A MATTER THAT MAY APPEAR TO BE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT: ANNUALLY, COMPENSATION COMMITTEE OF THE BOARD REVIEWS CEO, TITLED PRESIDENT, COMPENSATION AND SPECIFICALLY AGREES TO AMOUNT IN CONTRACT SIGNED BY CHIEF ELECTED OFFICER AND THE ASSOCIATION'S BOARD CHAIR. OTHER OFFICERS OR KEY EMPLOYEES: ONLY THE PRESIDENT IS AN OFFICER BY CONTRACT, OTHER EMPLOYEES' COMPENSATION SET BY PRESIDENT IN ACCORDANCE WITH BOARD APPROVED BUDGET AND ANNUAL OPERATIONS PLAN. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION AVAILABLE UPON REQUEST BY ANY INDIVIDUAL. THE EMPLOYEE OWNERSHIP FOUNDATION 200 MASSACHUSETTS AVENUE NW WASHINGTON DC 20001 521739193 SUPPORT PROGRAMS TO INCREASE AWARENESS OF THE BENEFITS OF ESOPS DC 501(C)(3) LINE 12A, I THE ESOP ASSOCIATION 0 ESOP PAC 200 MASSACHUSETTS AVENUE NW WASHINGTON DC 20001 HELP THE CONGRESSIONAL SUPPORTERS OF ESOPS DC 527 THE ESOP ASSOCIATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 THE EMPLOYEE OWNERSHIP FOUNDATION N 180000 FAIR VALUE THE EMPLOYEE OWNERSHIP FOUNDATION O 215617 FAIR VALUE