2025-03-20T09:04:52-05:00 2024-10-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2023-11-01 951405453 North American Home Furnishings Association NORT 8004223778 PO Box 2483 Carmichael CA 95609 Evan Martin VP of Finance 8004223778 2025-03-20 1 1 Yong Zhang CPA P01249785 7038930300 2025-03-19 2023 2025-03-06 01:10:19Z Shannon Williams PO Box 2483 Carmichael CA 95609 5563749 0 X www.myhfa.org X 1944 CA The Organization serves the needs and interests of home furnishings retailer members across all 50 states by providing programs, resources, services and a unified voice in government relations by partnering with home furnishings' industry suppliers, vendors, affiliates and other organizations. 16 16 17 21 0 0 0 0 3673681 3664842 113093 483217 113360 549526 3900134 4697585 0 0 0 0 740941 1064819 0 0 0 2255797 2708008 2996738 3772827 903396 924758 10836226 13771124 1211132 2017118 9625094 11754006 X The Organization serves the needs and interests of home furnishings retailer members across all 50 states by providing programs, resources, services and a unified voice in government relations by partnering with home furnishings' industry suppliers, vendors, affiliates and other organizations. 0 0 NAHFA offered home furnishings market trade shows, an annual conference, educational webinars and numerous regional events/meetings to improve the business opportunities and management practices of members. NAHFA hosts unique and impactful events. The annual CEO summit event brings together top retail members to discuss key challenges facing the industry and learn best practices in areas like logistics, merchandising, product procurement, and continuous improvement. NAHFA also hosts Market Tradeshows with exhibitors, expert speaker seminars, and networking with industry professionals. NAHFA conducted government relations activities focusing on retail home furnishings industry marketplace issues related to sales tax collection, interchange fees on bankcard processing, EPA regulations, department of transportation regulations, healthcare reform, tax reform and other issues of interest to retail home furnishings industry members. 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 1 0 0 1 0 0 17 1 0 0 0 0 1 1 0 0 0 X 16 16 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X Evan Martin VP of Finance 8004223778 PO Box 2483 Carmichael CA 95609 Travis Garrish Immdeiate Past President 1.00 X X 0 0 0 Dave Koehler President Elect 1.00 X X 0 0 0 Matt S Schultz President 1.00 X X 0 0 0 Jared Simon Treasurer 1.00 X X 0 0 0 Randilynn Talsma Secretary 1.00 X X 0 0 0 Eric Easter Director 1.00 X 0 0 0 Dave Harkness Director 1.00 X 0 0 0 Mariam Farach Director 1.00 X 0 0 0 Nora Gomez Director 1.00 X 0 0 0 Joel Haimsohn Director 1.00 X 0 0 0 Lenny Kharitonov Director 1.00 X 0 0 0 Ed Massood Director 1.00 X 0 0 0 Jacob Shevin Director 1.00 X 0 0 0 Michael Shuel Director 1.00 X 0 0 0 Mitchell Stiles Director 1.00 X 0 0 0 Lael Thompson Director 1.00 X 0 0 0 Salvador Llanos Director 1.00 X 0 0 0 Brian Garrison Director 1.00 X 0 0 0 Alex Macias Director 1.00 X 0 0 0 Stan Pickett Director 1.00 X 0 0 0 Matt Schultz Director 1.00 X 0 0 0 Mark Schumacher CEO (Ending 05/24) 50.00 X 202252 0 28040 Shannon Williams CEO (Starting 06/24) 50.00 X 197839 0 15793 400091 0 43833 2 0 1 0 MLA Companies 130 W Second St 2050 Dayton OH 45402 Outsourced CFO 204083 Ricochet Advisory Services 1760 Jefferson Ave Miami Beach FL 33139 Outsourced Marketing 148268 2 Market Trade Shows 900099 2601821 2601821 Membership Dues 900099 1063021 1063021 3664842 308126 308126 439665 439665 109861 0 109861 109861 109861 1041255 866164 175091 175091 175091 4697585 3664842 0 1032743 X 443924 458472 22158 65555 74710 12589 7700 60064 41905 485136 37972 74636 700831 122680 930252 97307 18214 Dues and Subscriptions 107232 Other Expenses 8507 Business Licenses and P 2983 3772827 228181 240597 1274083 2029926 90066 290201 97588 166829 622759 448661 1264814 174098 6343737 8460353 5000 5000 1532757 2404120 10836226 13771124 478754 369807 732378 748830 0 898481 1211132 2017118 X 9625094 11754006 9625094 11754006 10836226 13771124 924758 1124578 79576 0 X 0 1 X 1 0 0 0 0 1063021 60064 60064 63997 -3933 538784 383792 154992 83975 64869 19106 174098 Deposits 2135 Due to / Due From 1585439 Rights of Use Assets 816546 2404120 Operating Lease Liability 898481 898481 X Part X, Line 2: The Association is recognized as a tax-exempt organization under Section 501(c)(6) of the Internal Revenue Code (IRC). The Association is exempt from income taxes except for taxes on unrelated business activities. No provision for income taxes has been made as there were no significant unrelated business activities during the fifteen-month period ended October 31, 2024. Management has evaluated the Associations tax positions and concluded that there are no uncertain tax positions that qualify for either recognition or disclosure in the accompanying financial statements. X X 0 0 0 Mark Schumacher CEO (Ending 05/24) 195052 0 7200 0 0 0 7742 0 20298 0 230292 0 0 0 Shannon Williams CEO (Starting 06/24) 180639 0 17200 0 0 0 7280 0 8513 0 213632 0 0 0 Form 990, Part VI, Section A, line 6 The Organization has members. Form 990, Part VI, Section A, line 7a Retail furniture store owners, representatives of manufacturers of furniture & related vendors that service the furniture industry. We ask our governing members to recommend other store owners who might want to be on our board. Form 990, Part VI, Section B, line 11b Management reviews the completed IRS form 990 prepared by the external account for accuracy and completeness, and asks questions as required to be assured that the return is accurate and complete. Form 990, Part VI, Section B, line 12c The Conflict of Interest policy is reviewed with the Board of Directors annually. New board members sign a form stating that they have read and understand the policy. Form 990, Part VI, Section B, line 15 A compensation committee of five board members review the Chief Executive Officer's compensation. They also review comparative data by state and type of organization. The committee holds a confidential meeting to discuss any proposed changes to compensation and determines any changes to the Chief Executive Officer's compensation. The committee chair then inform the Chief Executive Officer of any approved changes to compensation. This process was last undertaken in 2019. The Chief Executive Officer approves all changes to the Executive Vice President's compensation subject to the overall approved personnel budget authorized by the compensation committee. This process was last undertaken in 2018. Form 990, Part VI, Section C, line 19 The Organization does not make its governing documents, conflict of interest policy and financial statements available to the public. Upon request, its IRS form 990 is available for public inspection. Form 990, Part IX, line 11g Other professional fees 485,136. North American Retail Services PO Box 2483 Carmichael CA 95609 680337642 Selling Products & Services to Members CA North American Home Furnishings C 1819442 4719586 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0