| Return Reference | Explanation |
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| FORM 990, PART VI, SECTION A, LINE 3 | THE ORGANIZATION HAS A CONTRACT WITH CONNECT CONSULTING, LLC FOR MANAGEMENT SERVICES, INCLUDING SUPERVISING, PLANNING AND EXECUTING THE FINANCIAL OPERATIONS AND EXEMPT FUNCTIONS OF THE ORGANIZATION. CONNECT CONSULTING, LLC EMPLOYS KENYON GLEASON, WHO IS THE PRESIDENT FOR NATIONAL ASSOCIATION OF SPORTING GOODS WHOLESALERS. FOR CALENDAR YEAR 2024, KENYON'S PORTION OF COMPENSATION AND BENEFITS FROM CONNECT CONSULTING, LLC THAT RELATED TO HIS SERVICES FOR NATIONAL ASSOCIATION OF SPORTING GOODS WHOLESALERS TOTALED $325,000. THE ORGANIZATION HAS A CONTRACT WITH AMPLIFY ASSOCIATION MANAGEMENT FOR ADMINISTRATIVE, OPERATIONAL, AND CONSULTING SERVICES. THESE SERVICES ARE PROVIDED UNDER THE DIRECTION AND CONTROL OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 6 | ANY INDIVIDUAL, CORPORATION, ORGANIZATION, ASSOCIATION, CLUB OR PARTNERSHIP WHO, IN THE JUDGMENT OF THE BOARD OF DIRECTORS, WILL FURTHER THE OBJECTIVES OF THE ASSOCIATION MAY BE ADMITTED TO MEMBERSHIP IN THE ASSOCIATION ADMISSION TO MEMBERSHIP FOR VOTING MEMBERS AND SUSPENSION AND EXPULSION FROM MEMBERSHIP SHALL AT ALL TIMES BE DETERMINED BY A MAJORITY OF ALL THE MEMBERS OF THE BOARD OF DIRECTORS. THERE SHALL BE SIX TYPES OF MEMBERSHIP. REGULAR MEMBERSHIP SHALL BE A VOTING MEMBERSHIP AND THE OTHER FIVE, SHALL BE NON-VOTING MEMBERSHIPS. THE NON-VOTING OR ASSOCIATE MEMBERS IN ANY OF THESE FIVE MEMBERSHIP CATEGORIES, SHALL NOT HAVE THE RIGHT TO VOTE OR HOLD OFFICE AS OFFICERS OR DIRECTORS OF THE ASSOCIATION. REGULAR MEMBER - REGULAR MEMBERSHIP IN THE ASSOCIATION SHALL BE OPEN TO ANY RELIABLE PERSON, FIRM, OR CORPORATION REGULARLY ENGAGED AS A SPORTING GOODS WHOLESALER FOR AT LEAST 3 YEARS, WHO SUBMITS PROPER APPLICATION TO THE SECRETARY OF THE ASSOCIATION, WHO MEETS THE REQUIREMENTS OF MEMBERSHIP AS SET FORTH IN THESE BY-LAWS AND WHO FURNISHES SUCH OTHER INFORMATION AS MAY BE REQUIRED FOR A PROPER DETERMINATION OF ELIGIBILITY FOR MEMBERSHIP. A SPORTING GOODS WHOLESALER IS DEFINED AS A PERSON, FIRM OR CORPORATION THAT CARRIES ON THE TRADE OR BUSINESS OF PURCHASING SPORTING GOOD MERCHANDISE, TAKES TITLE TO AND MAINTAINS AN INVENTORY OF SHOOTING SPORTS RELATED MERCHANDISE, EXTENDS CREDIT TO THE RETAILER, EMPLOYS A PROFESSIONAL WHOLESALE SALES TEAM, AND OTHER WHOLESALER FUNCTIONS AND, WITHOUT SUBSTANTIALLY CHANGING THE FORM OF THE MERCHANDISE, RESELLS IT TO SEPARATELY OWNED RETAILERS FOR RESALE TO CONSUMERS OR INDUSTRIAL, COMMERCIAL, INSTITUTIONAL, OR PROFESSIONAL BUSINESS USERS. SEPARATELY OWNED RETAILERS IS DEFINED AS A PERSON, FIRM OR CORPORATION OTHER THAN ONE (A) OWNED OR CONTROLLED DIRECTLY OR INDIRECTLY BY THE SPORTING GOODS WHOLESALER, ITS OFFICERS, DIRECTORS, SHAREHOLDERS OR AFFILIATES, OR (B) OWNING OR CONTROLLING THE SPORTING GOODS WHOLESALER DIRECTLY OR INDIRECTLY BY ITSELF OR THROUGH ITS OFFICERS, DIRECTORS, SHAREHOLDERS OR AFFILIATES. AN APPLICATION MUST BE SPONSORED BY ANOTHER REGULAR MEMBER WHO HAS BEEN A MEMBER IN GOOD STANDING OF THE ASSOCIATION FOR AT LEAST 5 YEARS AND WHO HAS RELIABLE KNOWLEDGE THAT THE APPLICANT MEETS ALL THE MEMBERSHIP REQUIREMENTS. ALL MEMBERSHIP APPLICATIONS SHALL BE SUBMITTED WITH PAYMENT OF NOT LESS THAN ONE FULL YEAR'S DUES AND A $500.00 NON-REFUNDABLE APPLICATION FEE. ASSOCIATE MEMBER, MANUFACTURER-IMPORTER - TO BE ELIGIBLE FOR MEMBERSHIP IN THE ASSOCIATION AS AN ASSOCIATE MEMBER, MANUFACTURER-IMPORTER, AN APPLICANT SHALL BE ANY RELIABLE PERSON, FIRM OR CORPORATION REGULARLY AND SUBSTANTIALLY ENGAGED IN THE MANUFACTURE OR IMPORTATION, OF SPORTING GOODS PRODUCTS GENERALLY SOLD BY REGULAR MEMBERS OF THE ASSOCIATION. ASSOCIATE MEMBER, MANUFACTURER'S REPRESENTATIVE - TO BE ELIGIBLE FOR MEMBERSHIP IN THE ASSOCIATION AS AN ASSOCIATE MEMBER, MANUFACTURER'S REPRESENTATIVE, AN APPLICANT SHALL BE ANY RELIABLE PERSON, FIRM OR CORPORATION WHO REPRESENTS A MEMBER FIRM OR CORPORATION AS A SALES AGENT. ASSOCIATE MEMBER, TRADE PRESS AND PUBLISHERS - TO BE ELIGIBLE FOR MEMBERSHIP IN THE ASSOCIATION AS AN ASSOCIATE MEMBER, TRADE PRESS AND PUBLISHERS, AN APPLICANT SHALL BE ANY RELIABLE PERSON, FIRM OR CORPORATION REGULARLY ENGAGED IN THE REPORTING OR PUBLISHING OF INDUSTRY NEWS OR PRODUCTS THAT ARE OF INTEREST TO REGULAR MEMBERS OF THE ASSOCIATION. ASSOCIATE MEMBER, SERVICE AND SUPPLIERS - TO BE ELIGIBLE FOR MEMBERSHIP IN THE ASSOCIATION AS AN ASSOCIATE MEMBER, SERVICE AND SUPPLIERS, AN APPLICANT SHALL BE ANY RELIABLE PERSON, FIRM OR CORPORATION PROVIDING PRODUCTS AND/OR SERVICES UTILIZED OR SOLD BY REGULAR MEMBERS OF THE ASSOCIATION SO LONG AS SAID APPLICANT AGREES TO SUPPORT AND ABIDE BY THE OBJECTIVES AND PURPOSES OF THIS ASSOCIATION. ASSOCIATE MEMBER, INTERNATIONAL - TO BE ELIGIBLE FOR MEMBERSHIP IN THE ASSOCIATION AS AN ASSOCIATE MEMBER, INTERNATIONAL, AN APPLICANT SHALL BE ANY RELIABLE PERSON, FIRM OR CORPORATION, BASED OUTSIDE THE UNITED STATES, SERVING AS AN INTERNATIONAL WHOLESALER/DISTRIBUTOR, INTERNATIONAL MANUFACTURER/IMPORTER OR AN INTERNATIONAL MANUFACTURER'S REPRESENTATIVE ENGAGED IN EITHER THE DISTRIBUTION OF SPORTING GOODS PRODUCTS MANUFACTURED BY ASSOCIATE MEMBERS, MANUFACTUER-IMPORTERS, THE MANUFACTURE OR EXPORT OF SPORTING GOODS PRODUCTS GENERALLY SOLD BY REGULAR MEMBERS OF THE ASSOCIATIONOR SERVE AS A SALES AGENT FOR A MANUFACTURER NOT BASED IN THE U.S. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF DIRECTORS SHALL BE ELECTED BY A PLURALITY OF THE VOTING MEMBERS OF THE ASSOCIATION PRESENT IN PERSON OR BY PROXY AT THE ANNUAL MEETING OF MEMBERS. THE BOARD MAY TEMPORARILY FILL VACANCIES OCCURRING DURING THE YEAR UNTIL THE NEXT ANNUAL MEETING OF THE MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | NASGW PROVIDES A COPY OF FORM 990 TO EACH OF ITS BOARD MEMBERS PRIOR TO FILING. QUESTIONS AND COMMENTS ARE DIRECTED TO THE PRESIDENT WHO DISCUSSES IT WITH THE PREPARERS PRIOR TO SIGNING THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS DISCUSSED AT THE BOARD ORIENTATION AND REVIEWED ANNUALLY. THE BOARD ANNUALLY SIGNS A CONFLICT OF INTEREST FORM. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE PUBLIC IS ABLE TO VIEW THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF TIME AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 6104(D) FOR OTHER PUBLIC DISCLOSURE DOCUMENTS. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL FEES 516,250. PARTNER FEE EXPENSE 431,766. |
| FORM 990, PART XI, LINE 9: | ROUNDING 2. |
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