2024-11-15T17:18:52-06:00 2023-12-31 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2023-01-01 231656462 NATIONAL KITCHEN & BATH ASSOCIATION NATI 9088520033 1 WEST BROAD STREET 300 BETHLEHEM PA 18018 WILLIAM DARCY CEO 9088520033 2024-11-15 1 1 ZACHARY SEGAL P01511850 9732283500 2024-11-15 2023 2024-10-15 13:58:12Z WILLIAM DARCY 1 WEST BROAD STREET 300 BETHLEHEM PA 18018 36141469 0 X WWW.NKBA.ORG X 1963 DE THROUGH THE CREATION OF MARKETPLACES, NETWORKS AND CERTIFICATIONS THAT RAISE THE LEVEL OF PROFESSIONALISM BY INSPIRING, LEADING AND EMPOWERING EACH MEMBER OF OUR COMMUNITY. 9 9 59 700 0 0 3915677 4431586 10330296 12304991 1160647 1091422 5094417 712893 20501037 18540892 124366 145000 0 0 6485906 7249953 0 0 0 6911195 8660715 13521467 16055668 6979570 2485224 35848270 40835107 13209033 14147850 22639237 26687257 X THE ASSOCIATION'S VISION IS A WORLD IN WHICH EVERYONE ENJOYS SAFE, BEAUTIFUL AND FUNCTIONAL KITCHEN AND BATH SPACES. OUR MISSION IS TO HELP MAKE IT HAPPEN THROUGH THE CREATION OF MARKETPLACES, NETWORKS AND CERTIFICATIONS THAT RAISE THE LEVEL OF PROFESSIONALISM BY INSPIRING, LEADING AND EMPOWERING EACH MEMBER OF OUR COMMUNITY. 0 0 COMMUNITY - NKBA IS FOCUSED ON CREATING AND EXPANDING THE MOST EFFECTIVE BENEFITS FOR ITS MEMBER COMMUNITY. THESE RNGE FROM INDUSTRY RESEARCH AND THOUGHT-LEADERSHIP CONTENT TO PROFESSIONAL CERTIFICATIONS, CEU WEBINARS AND GOVERNMENT UPDATES PROFESSIONAL PROGRAMS -OUR MISSION THROUGH THE CREATION OF MARKETPLACES, NETWORKS AND CERTIFICATIONS, NKBA WILL INSPIRE, LEAD, AND EMPOWER THE KITCHEN AND BATH INDUSTRY. MARKETING PROGRAMS - CREATIVE AND EDITORIAL SERVICES DEVELOPED NEW AND INFORMATIVE MATERIALS TO KEEP MEMBERS AND CONSUMERS KNOWLEDGEABLE OF INDUSTRY AND MARKET TRENDS. PUBLIC RELATIONS EXPENSE IS INCURRED TO PROMOTE THE INDUSTRY IN GENERAL AND TO EDUCATE THE PUBLIC ABOUT THE INDUSTRY, ITS PRODUCTS, AND MEMBER EDUCATION. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 88 0 1 59 1 0 0 0 0 0 0 1 0 X 9 9 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 0 0 X NICOLE YOUNG 5702424099 1 WEST BROAD STREET SUITE 300 BETHLEHEM PA 18018 EDUARDO COSENTINO DIRECTOR 0.50 X 0 0 0 JAN HECK CHAIR 0.50 X X 0 0 0 KEN ROBERTS DIRECTOR 0.50 X 0 0 0 KEN WILLIAMS SECRETARY/TRASURER 0.50 X X 0 0 0 KERRIE KELLY DIRECTOR 0.50 X 0 0 0 KRISTEN ELDER VICE CHAIR 0.50 X X 0 0 0 LOUIS ROHL DIRECTOR 0.50 X 0 0 0 MIKAEL AKERBERG DIRECTOR 0.50 X 0 0 0 RANDY WARNER DIRECTOR 0.50 X 0 0 0 NICOLE YOUNG SR. DIRECTOR, FINANCE & ADMINISTRATION 35.00 X 232576 0 15725 SUSAN WILLIFORD EVP, CSO 35.00 X 424963 0 51006 WILLIAM DARCY JR CEO 35.00 X 1317577 0 56338 ALAN DOVE SR. DIRECTOR, MEMBER RELATIONS 35.00 X 204540 0 38693 PAMELA MCNALLY SVP MARKETING + DIGITAL 35.00 X 405404 0 32804 ANGELA RATH DIRECTOR OF DOMESTIC ACCOUNTS 35.00 X 147959 0 29446 ERIN OTTO SR. MANAGER, HUMAN RESOURCES 35.00 X 123318 0 36546 NANCY BOVE NATIONAL ACCOUNTS SPECIALIST 35.00 X 113737 0 41457 NOELLE LAVERY DIRECTOR OF ACCOUNT SERVICES 35.00 X 152325 0 19708 PATRICIA ZACH HEAD OF RESEARCH 35.00 X 118055 0 51087 3240454 0 372810 14 0 1 0 MODENUS MEDIA LLC 10046 WYNDHAM DRIVE YORK PA 17403 PUBLIC RELATIONS 504781 DGDEAN 4 MICHELE LANE WESTPORT CT 06880 TECHNOLOGY CONSULTANT 280067 RUBENSTEIN ASSOCIATES INC 825 EIGHTH AVENUE NEW YORK NY 10019 PUBLIC RELATIONS/DIGITIAL MARKETING 185040 WHITEGOOD 1451 QUENTIN ROAD SUITE 400 LEBANON PA 17042 PUBLIC RELATIONS/DIGITIAL MARKETING 118625 JOHN BURNS REAL ESTATE 9140 IRVINE CENTER DRIVE SUITE 200 IRVINE CA 92618 NKBA RESEARCH INTIATIVES 113524 5 4431586 4431586 TRADE SHOW 900099 10296251 10296251 PROFESSIONAL PROGRAMS 900099 859022 859022 MARKETING 900099 713908 713908 CONFERENCE 900099 435810 435810 12304991 1103143 1103143 17588856 17600577 -11721 -11721 -11721 INSURANCE PROCEEDS 900099 712893 712893 712893 18540892 13017884 0 1091422 X 145000 2098185 3953898 782873 414997 1975487 2766605 417802 291146 3127 1459643 101272 874445 70055 REPAIRS AND MAINTENANCE 230436 BAD DEBTS 127400 343297 16055668 11364428 11016922 18520539 24593972 584740 252491 44746 32955 814462 782342 7962354 5456894 2648559 2505460 1834546 1625777 36250 25188 35848270 40835107 1348167 869836 8449476 10314167 3411390 2963847 13209033 14147850 X 22639237 26687257 22639237 26687257 35848270 40835107 2485224 1562796 0 X 0 1 X 1 0 0 1 0 329079 329079 890203 147475 742728 6743072 5309419 1433653 2505460 TRADE SHOW PAYABLE 965609 CAPITAL LEASES 1998238 2963847 X 19976288 1562796 -127400 1435396 18540892 0 18540892 15928268 0 15928268 127400 127400 16055668 PART X, LINE 2: THE ASSOCIATION IS CLASSIFIED AS AN ENTITY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2019 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE ASSOCIATION RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF GENERAL AND ADMINISTRATIVE EXPENSES AND INCLUDE ACCRUED INTEREST AND PENALTIES IN ACCRUED EXPENSES IN THE STATEMENTS OF FINANCIAL POSITION. THERE WERE NO INTEREST OR PENALTIES PAID FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHAPTER SHARING ON MEMBERSHIP REVENUES -127,400. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHAPTER SHARING ON MEMBERSHIP REVENUES 127,400. 0 STUDENT DESIGN 6 17000 DESIGN COMP 22 100000 STUDENT CHAPTERS 26 13000 CHAPTER OF THE YEAR 14 15000 X X X 0 0 0 WILLIAM DARCY JR CEO 661183 0 650652 0 5742 0 14140 0 42198 0 1373915 0 0 0 SUSAN WILLIFORD EVP, CSO 250157 0 165165 0 9641 0 10147 0 40859 0 475969 0 0 0 PAMELA MCNALLY SVP MARKETING + DIGITAL 296072 0 105000 0 4332 0 0 0 32804 0 438208 0 0 0 NICOLE YOUNG SR. DIRECTOR, FINANCE & ADMINISTRATI 180264 0 51975 0 337 0 10871 0 4854 0 248301 0 0 0 ALAN DOVE SR. DIRECTOR, MEMBER RELATIONS 128270 0 74582 0 1688 0 6589 0 32104 0 243233 0 0 0 ANGELA RATH DIRECTOR OF DOMESTIC ACCOUNTS 81380 0 66431 0 148 0 0 0 29446 0 177405 0 0 0 NOELLE LAVERY DIRECTOR OF ACCOUNT SERVICES 89574 0 62378 0 373 0 4625 0 15083 0 172033 0 0 0 PATRICIA ZACH HEAD OF RESEARCH 112420 0 4130 0 1505 0 4385 0 46702 0 169142 0 0 0 ERIN OTTO SR. MANAGER, HUMAN RESOURCES 110371 0 12443 0 504 0 5820 0 30726 0 159864 0 0 0 NANCY BOVE NATIONAL ACCOUNTS SPECIALIST 55040 0 58109 0 588 0 3017 0 38440 0 155194 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B UPON RECEIPT OF COMPLETED FORM 990 FROM COHNREZNICK, THE RETURN IS REVIEWED BY NKBA SR. DIRECTOR, FINANCE & ADMINISTRATION, THE OUTSIDE FINANCIAL ADVISOR TO THE FINANCE COMMITTEE, AND NKBA CEO. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL MEMBERS OF THE NATIONAL BOARD OF DIRECTORS, COUNCIL SEGMENT COMMITTEES, STANDING COMMITTEES, AND SENIOR LEVEL EMPLOYEES ARE REQUIRED TO SIGN AND SUBMIT A CONFLICT OF INTEREST STATEMENT TO NKBA'S LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15A IN CONSULTATION WITH AN INDEPENDENT HR CONSULTANT SPECIALIZING IN EXECUTIVE COMPENSATION, COMPENSATION FOR THE CEO WAS DETERMINED BY A REVIEW OF BENCHMARKING SURVEYS FOR ASSOCIATION EXECUTIVES. FACTORS CONSIDERED INCLUDED GEOGRAPHY, SIZE, AND TYPE OF ASSOCIATION AS WELL AS EDUCATION AND EXPERIENCE. THE NKBA COMPENSATION COMMITTEE REVIEWS ALL DATA AND MADE A RECOMMENDATION TO THE NKBA EXECUTIVE COMMITTEE WHICH APPROVED THE RECOMMENDATION. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING AND CONTRACT SERVICES 1,975,487.