Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
0 | |||||
Calendar year
(or fiscal year beginning in)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 5,513,331 | 4,824,331 | 4,200,411 | 4,342,514 | 5,111,170 | 23,991,757 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 1,808,150 | 2,646,798 | 582,786 | 631,182 | 5,668,916 | |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 0 | |||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | 0 | |||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 7,321,481 | 7,471,129 | 4,783,197 | 4,973,696 | 5,111,170 | 29,660,673 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 0 | |||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 0 | |||||
| c | Add lines 7a and 7b.. | 0 | |||||
| 8 | Public support. (Subtract line 7c from line 6.) | 29,660,673 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 7,321,481 | 7,471,129 | 4,783,197 | 4,973,696 | 5,111,170 | 29,660,673 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 305,121 | 382,071 | 1,439,601 | 0 | 2,126,793 | |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 305,121 | 382,071 | 1,439,601 | 0 | 2,126,793 | |
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | 0 | 21,734 | 0 | 0 | 21,734 | |
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 31,809,200 | |||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2022 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2023. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
|---|
| Software ID: | 22015534 |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Pt VI, Line 6 | Explanation of classes of members or shareholders: NAFME has 45000 active voting members. |
| Pt VI, Line 7a | Members use an electric voting system govern actions. |
| Pt VI, Line 7b | Changes in NAFME bylaws require voting by active members. |
| Pt VI, Line 11b | Form 990 is first reviewed by the Chief Financial Officer along with the preparer (CPA Firm). The Form 990 is then reviewed by the Executive Director. The Form 990 is then made available to the Finance Committee for review. The Form is then made available to the National Executive Board for review. After all reviews are completed and no changes are necessary, the Form 990 is filed with the Internal Revenue Service. |
| Pt VI, Line 12c | Process for annually monitoring conflict of interest policy:All board members agree to declare conflicts of interest between their personal or professional life and their position on the board, avoid using their board membership or NAFME's staff, services, equipment, resources, or property for their advantage or that of their friends, relatives or other third parties, and abstain from boting orr discussion when appropriate, all in acccordance with NAFME's conflict of interest policy.The Board of Directors are responsible for self-goverance including the investigation of any claims of misconduct made about a director and disciplinary action for any claims of misconduct found to be valid. The board may modify these procedures for reviewing board member conduct from time to time. All members of the board consent to the implementation of the then current procedures if any claims of misconduct are made against them. 1)Complaints about any officer or director may be made to the President or any other officer or director of NAFME. Anyone receiving a compalint shall promtly forward ti to the President for investigation.Complaints about the President shall be promtly forwarded ti the immediate Past President or, in the absence of the immediated past president, to any other past president. 2) All complaints of misconduct will be kept confidential except to the necessary to conduct a through investigation. 3)A material violation of the code of conduct is one that results in harmto NAFME or its affiliates. 4) Direct or indirect retaliation of any kind by NAFME or its officers, director, employees, members, or agent against any individual who makes, initiates or is involved in making of a complaint is strictly prohibited. This shall be strictly enforced by the board. Complaints made with knowledge that they are false are strictly prohibited. This prohibition on making of knowingly false complaints shall be strictly enforced by the board. 5) Upon reeceipt and preliminary review of each complaint, the president may conclude, in the President's sole discretion, that the complaint: (A) contains factually unreliable or insufficient information, or (B) is patently frivolous or trivial. In such changes, The President may determine that the complaint does not constitute a potentially actionable compliant that would justify bringing it before the committee for determination of whether there has been a material violation of the code of conduct. If so, such complaint shall be dismissed without prejudice by the President, who shall provide written notice to the person who submitted the complaint of its disposition.All such preliminary dispositions of complaints by the President shall be immeiately reported in writing to all members of the committee. 6)Notice of investigation: If a complaint is deemed by the President on a preliminary basis to be a potentially actionable complaint, the President shall provide a written notice to the director whose conduct has been called into question, advising the director that an investigation is being initiated. The President shall also provide written notice to the person who submitted the complaint that the complaint is being reviewed by the committee. 7)Review of complaint: For each complaint that the President believes is potentially actionable, the President shall authorize an investigation into its specific facts or circumstances to whatever extent is necessary in order to clarify, expand or corrobarate the information provided in the complaint and in orderr to assist the committee in determining whether charges should be brought against the director. The committee may be assisted by NAFME staff, legal counsel and outside experts, as needed, so long as all persons involved in the investigation agree to maintain the complete confidentially of the investigation. The committee or its agents may contact the person who submitted the complaint, the director who is the subject of the charge, or any other persons who may have knowledge of the facts and circumstances surrouunding the complaint. 8)The committee determination: The committee shall either dismiss the complaint with prejudice or prepare written charges against the director. Written charges shall explain the alleged conduct and explain why the conduct constitutes grounds for disciplinary. The committee shall also produce a written report with the results of its investigation.The person who made the complaint shall be notified of the committee's determination but shall not be provided with a copyof any written charges of the report. The director in question shall be notified of the committee's determination. Copies of written charges and the committee's report shall be provided to the President, the committee members, the director against whom the charges were filed. 9)Hearing: If the committee recommends charges be brought, it shall hold a hearing, in person, by telephone or video conference. The President shall present the committee's report with the assistance of NAFME's legalcounsel. The charged director may present a defense and may be represented by legal counsel, at his or her own expense. The President shall determine the rules of evidence that shall apply to the hearing and may limit the presentation of oral or written testimony by witnesses. The charged director may waive the right to a hearing in which case the committee may deliberate based on its report. 10)Determination of violation: Upon completion of its investigation and the hearing, the committee shall determine by majority vote, upon a preponderance of the evidence, whether or not there has been a violation of the code of conduct and whether the board impose sanctions. If the committee find there has been a violation, the committee shall recommendan appropriate sanction. The committee's written recommendation shall be presented to the board. 11) Imposition of sanctions: The board shall determine, by majority vote, the appropriate sanction to be impose on any director found to have violated the NAFME code of conduct. Sanctions may include a written reprimand, censure, suspension from board membership for a period of time, or permanent expulsion from the board.12) Resignation: If a board member who is the subject of a complaint voluntarily resigns in writing his or her position on the board during the pendency of a complaint, the complaint shall be dismissed without prejudice and without any further action by the committee or the board. In the event of a resignation, the person who made the complaint shall be notified in writing of the fact and date of the resignation and that the boarf has dismissed the complaint without prejudice. |
| Pt VI, Line 15a | Compensation of officers: The National Executive Board reviews and approves compensation of the Executive Director. Salary increase is linked to an appraisal conducted by the Executive committee with input from and consultation with the National Executive Board. |
| Pt VI, Line 15b | Process for determining compensation of officers: The National Board reviews and approves compensation of the Executive Director. Salary increase is linked to an appraisal conducted by the Executive Committee. |
| Pt VI, Line 19 | Governing documents and the conflict of interest policy are made available upon request. Annual audited financial statements and tax returns are on NAFME's website. |
| Form 990, Part III, Line 4d | Publications 522897. 0. 1437. |
| Form 990, Part III, Line 4d | Governance 217843. 0. 0. |
| Form 990, Part III, Line 4d | Strategic Relationship Development 184711. 0. 0. |
| Form 990, Part III, Line 4d | Other programs 380511. 0. 0. |
| Software ID: | 22015534 |
| Software Version: |