Nonprofit · EIN 94-0707299
NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC
Tax-exempt · NASHVILLE, TN 37214
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $114,877,780 | $111,564,000 | $3,313,780 | $133,726,243 | $84,637,432 | $49,088,811 |
| December 31, 2024 | 990 | $115,848,430 | $134,201,829 | -$18,353,399 | $100,077,719 | $57,868,136 | $42,209,583 |
| December 31, 2023 | 990 | $113,302,030 | $123,555,281 | -$10,253,251 | $105,926,451 | $66,641,132 | $39,285,319 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,204,889
- Program service revenue
- $105,953,242
- Investment income
- $3,796,119
- Royalties
- $1,735,775
- Net rental income
- $421,520
- Net gain from sales of assets
- $1,221,562
- Other revenue
- $2,923,530
Expenses
- Grants and similar amounts paid
- $572,487
- Compensation of officers, directors and key employees
- $7,761,366
- Other salaries and wages
- $59,587,951
- Salaries, compensation and benefits (total)
- $82,248,505
- Professional fundraising fees
- $665,101
- Legal fees
- $223,613
- Accounting fees
- $132,400
- Occupancy
- $3,071,713
- Travel
- $6,425,543
- Depreciation
- $932,148
Balance sheet and other
- Total assets, start of year
- $100,077,719
- Total assets, end of year
- $133,726,243
- Total liabilities, end of year
- $84,637,432
- Net assets, end of year
- $49,088,811
- Land, buildings and equipment
- $7,458,842
- Publicly traded securities
- $73,632,317
- Net assets without donor restrictions
- $49,028,007
- Net assets with donor restrictions
- $60,804
- Gross unrelated business income
- $526,616
- Gross receipts
- $124,368,995
- Employees
- 950
- Volunteers
- 0
- Year formed
- 1949
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRAD CLOSE | PRESIDENT Trustee or director, Officer | 37 | $1,210,869 | $72,589 |
| DAVID ADDINGTON | EVP/SECRETARY/PARLIAMENTARIAN Officer | 33 | $719,911 | $38,268 |
| JOHN CASELLA | SVP Officer | 40 | $578,612 | $72,951 |
| ADAM TEMPLE | SVP Officer | 40 | $516,127 | $65,501 |
| JEFF SMITH | SVP/CFO Officer | 37 | $489,533 | $60,579 |
| ROBERT JOHNSON | FIELD SALES REP Highest-paid employee | 40 | $418,114 | $41,191 |
| TIM FRANKE | VP Officer | 40 | $369,289 | $73,801 |
| CHRIS PITTS | SVP/ASST SECRETARY Officer | 37 | $398,612 | $38,830 |
| MICHAEL MALONEY | VP Officer | 39 | $379,118 | $26,875 |
| TIM GOODRICH | VP Officer | 40 | $344,954 | $59,953 |
| GINA BRUCE | VP Officer | 40 | $322,606 | $67,074 |
| MINDY KUBRIN | FIELD SALES REP Highest-paid employee | 40 | $327,753 | $38,059 |
| LYLE PAYNE | FIELD SALES REP Highest-paid employee | 40 | $318,793 | $40,906 |
| ALLAN SUNBERG | VP Officer | 40 | $319,363 | $38,189 |
| DAWN SIMPSON | VP/TREASURER Officer | 37 | $300,015 | $48,103 |
16 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL MORRIS | REGION SALES DIRECTOR Highest-paid employee | 40 | $321,387 | $26,573 |
| BRIANNA ERICKSON | VP Officer | 40 | $278,099 | $56,019 |
| JAMIE BOKELMANN | FIELD SALES REP Highest-paid employee | 40 | $315,214 | $15,633 |
| JEFF BRABANT | VP Officer | 40 | $258,592 | $59,097 |
| JANET CONNOR | VP Officer | 40 | $176,191 | $14,487 |
| NEVIN GROCE | CHAIRMAN Trustee or director | 1 | $43,210 | $250 |
| STEVE SCHRAMM | DIRECTOR Trustee or director | 1 | $29,090 | $250 |
| JEFF READY | DIRECTOR Trustee or director | 1 | $28,000 | $250 |
| JOSE VILLA | DIRECTOR Trustee or director | 1 | $28,000 | $250 |
| PATTI MELLARD | DIRECTOR Trustee or director | 1 | $28,000 | $250 |
| ROB HOLT | DIRECTOR Trustee or director | 1 | $28,000 | $250 |
| MARIA DAVID | DIRECTOR Trustee or director | 1 | $24,859 | $250 |
| STEPHANIE CAMARILLO | DIRECTOR Trustee or director | 1 | $24,725 | $250 |
| AMY SPARKS | DIRECTOR Trustee or director | 1 | $24,524 | $250 |
| LISA FULLERTON | DIRECTOR Trustee or director | 1 | $24,000 | $250 |
| SAM CHAMBERLAIN | DIRECTOR Trustee or director | 1 | $22,000 | $250 |
990 for the year ended December 31, 2024: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRAD CLOSE | PRESIDENT Trustee or director, Officer | 37 | $1,213,444 | $68,813 |
| DAVID ADDINGTON | EVP/SECRETARY/PARLIAMENTARIAN Officer | 33 | $732,837 | $36,386 |
| JOHN CASELLA | SVP Officer | 40 | $577,688 | $68,980 |
| ADAM TEMPLE | SVP Officer | 40 | $509,361 | $62,030 |
| JEFF SMITH | SVP/CFO Officer | 37 | $506,041 | $57,665 |
| MINDY KUBRIN | FIELD SALES REP Highest-paid employee | 40 | $451,712 | $46,173 |
| ROBERT JOHNSON | FIELD SALES REP Highest-paid employee | 40 | $386,051 | $44,513 |
| TIM FRANKE | VP Officer | 40 | $359,249 | $69,364 |
| JANET CONNOR | VP Officer | 40 | $377,581 | $39,253 |
| CHRIS PITTS | SVP/ASST SECRETARY Officer | 37 | $381,478 | $35,076 |
| TIM GOODRICH | VP Officer | 40 | $329,412 | $55,977 |
| KIPP MALONEY | VP Officer | 39 | $333,035 | $45,348 |
| LYLE PAYNE | FIELD SALES REP Highest-paid employee | 40 | $329,452 | $39,314 |
| ALLAN SUNBERG | FIELD SALES DIRECTOR Highest-paid employee | 40 | $316,703 | $36,045 |
| GINA BRUCE | TELEPHONE SALES DIRECTOR Highest-paid employee | 40 | $296,772 | $39,835 |
| DAWN SIMPSON | VP/TREASURER Officer | 37 | $282,418 | $44,125 |
| JEFF BRABANT | VP Officer | 40 | $239,738 | $53,315 |
| BRIANNA ERICKSON | VP Officer | 40 | $248,767 | $27,030 |
| NEVIN GROCE | CHAIRMAN Trustee or director | 1 | $42,000 | $249 |
| STEVE SCHRAMM | DIRECTOR Trustee or director | 1 | $30,143 | $249 |
| JEFF READY | DIRECTOR Trustee or director | 1 | $28,359 | $249 |
| MARIA DAVID | DIRECTOR Trustee or director | 1 | $28,203 | $249 |
| JOSE VILLA | DIRECTOR Trustee or director | 1 | $28,000 | $249 |
| PATTI MELLARD | DIRECTOR Trustee or director | 1 | $24,754 | $249 |
| ROB HOLT | DIRECTOR Trustee or director | 1 | $24,192 | $249 |
| SAM CHAMBERLAIN | DIRECTOR Trustee or director | 1 | $24,000 | $249 |
| LISA FULLERTON | DIRECTOR Trustee or director | 1 | $24,000 | $249 |
990 for the year ended December 31, 2023: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRAD CLOSE | PRESIDENT Trustee or director, Officer | 37 | $1,064,052 | $62,018 |
| DAVID ADDINGTON | EVP/SECRETARY/PARLIAMENTARIAN Officer | 33 | $669,371 | $30,937 |
| JOHN CASELLA | SVP Officer | 40 | $542,555 | $62,991 |
| MINDY KUBRIN | FIELD SALES REP Highest-paid employee | 40 | $520,705 | $40,879 |
| ADAM TEMPLE | SVP Officer | 40 | $479,478 | $57,660 |
| JEFF SMITH | SVP/CFO Officer | 37 | $426,449 | $51,630 |
| TIM FRANKE | VP Officer | 40 | $339,592 | $63,003 |
| JANET CONNOR | VP Officer | 40 | $355,917 | $33,944 |
| ROBERT JOHNSON | FIELD SALES REP Highest-paid employee | 40 | $346,196 | $41,699 |
| CHRIS PITTS | SVP/ASST SECRETARY Officer | 37 | $337,699 | $27,928 |
| TIM GOODRICH | VP Officer | 40 | $318,803 | $46,501 |
| KIPP MALONEY | VP Officer | 39 | $319,346 | $35,484 |
| LYLE PAYNE | FIELD SALES REP Highest-paid employee | 40 | $330,592 | $17,905 |
| KEVIN KUHLMAN | VP Officer | 40 | $316,780 | $27,083 |
| STEVEN LYON | FIELD SALES REP Highest-paid employee | 40 | $315,007 | $24,445 |
| JAMIE BOKELMANN | FIELD SALES REP Highest-paid employee | 40 | $295,264 | $11,192 |
| DAWN SIMPSON | VP/TREASURER Officer | 37 | $250,512 | $35,687 |
| SAM CHAMBERLAIN | CHAIRMAN Trustee or director | 1 | $36,000 | $249 |
| STEVE SCHRAMM | DIRECTOR Trustee or director | 1 | $25,171 | $249 |
| JEFF READY | DIRECTOR Trustee or director | 1 | $24,427 | $249 |
| JOSE VILLA | DIRECTOR Trustee or director | 1 | $24,203 | $249 |
| MARIA DAVID | DIRECTOR Trustee or director | 1 | $24,081 | $249 |
| PATTI MELLARD | DIRECTOR Trustee or director | 1 | $19,200 | $249 |
| NEVIN GROCE | DIRECTOR Trustee or director | 1 | $19,200 | $249 |
| ROB HOLT | DIRECTOR Trustee or director | 1 | $19,200 | $249 |
| DOUGLASS HENRY | DIRECTOR Trustee or director | 1 | $16,200 | $249 |
| TOM BRYCE | DIRECTOR Trustee or director | 1 | $2,200 | $42 |
Address and contacts
- Address (IRS master file)
- 53 CENTURY BLVD STE 300, NASHVILLE, TN 37214-3693
- In care of
- % PAMELA WARNER
- Principal officer (990 for 2025)
- BRAD CLOSE, 555 12TH ST NW STE 1001, WASHINGTON, DC 20004
- Signed the 990
- BRAD CLOSE, PRESIDENT
- Phone
- (615) 872-5800
- Website
- WWW.NFIB.COM
- Return prepared by
- LBMC PC
Mission
PLEASE SEE SCHEDULE O
Program accomplishments
- NFIB IS A NONPARTISAN ADVOCACY ORGANIZATION THAT REPRESENTS SEVERALHUNDRED THOUSAND SMALL AND INDEPENDENT BUSINESSES IN ALL FIFTY STATES.NFIB LOBBIES ON BEHALF OF SMALL AND INDEPENDENT BUSINESS AT THE FEDERALLEVEL AND IN ALL FIFTY STATES. THROUGH ITS COMMUNICATION ACTIVITIES,NFIB ALSO PROVIDES ITS MEMBERS, ELECTED OFFICIALS, NEWS MEDIA AND THEGENERAL PUBLIC WITH INFORMATION REGARDING THE IMPORTANCE OF SMALL ANDINDEPENDENT BUSINESS AND THE VALUE OF THE FREE ENTERPRISE SYSTEM. NFIBALSO CONDUCTS RESEARCH ON SMALL BUSINESS POLICY-RELATED ISSUES ANDECONOMIC TRENDS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-0707299
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1953
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $133,726,243
- Income (IRS master file)
- $124,368,995
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $114,877,780 | $111,564,000 | $133,726,243 | XML |
| 990 | December 2024 | $115,848,430 | $134,201,829 | $100,077,719 | XML |
| 990 | December 2023 | $113,302,030 | $123,555,281 | $105,926,451 | XML |
| 990 | December 2022 | $105,848,770 | $95,257,739 | $93,908,878 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-0707299).
Questions about NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC
- What is the EIN of NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC?
- The employer identification number (EIN) of NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC is 94-0707299.
- Is NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1953.
- Are donations to NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC?
- The 990 for the year ended December 31, 2025 names BRAD CLOSE.
- Who are the officers and directors of NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC?
- The 990 for the year ended December 31, 2025 lists 31 people; 31 received compensation from the organization, the highest $1,210,869 (BRAD CLOSE, PRESIDENT).
- How much revenue does NATIONAL FEDERATION OF INDEPENDENT BUSINESS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $114,877,780, expenses of $111,564,000 and total assets of $133,726,243 at year end.
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