2024-10-11T11:30:57-05:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 360753520 SPORTS AND FITNESS INDUSTRY ASSOCIATION SPOR 3014956321 962 WAYNE AVENUE 300 SILVER SPRING MD 20910 THOMAS J COVE CEO 3014956321 2024-10-11 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2023 2024-10-15 13:58:12Z THOMAS J COVE 962 WAYNE AVENUE 300 SILVER SPRING MD 20910 2037512 0 X WWW.SFIA.ORG X 1975 IL SEE PART III, LINE 1. 23 22 6 100 0 0 120319 264149 1180877 1288923 91912 221763 211023 206537 1604131 1981372 0 0 0 0 1040422 1087378 0 0 0 1036095 936839 2076517 2024217 -472386 -42845 4190806 4467660 507045 376622 3683761 4091038 TO PROMOTE SPORTS AND FITNESS PARTICIPATION AND INDUSTRY VITALITY. 0 0 UNDERTOOK MARKETING SERVICES, MEMBER SERVICES, LEGISLATIVE ACTIVITIES AND EDUCATIONAL ACTIVITIES TO PROMOTE AND FOSTER THE SPORTING GOODS INDUSTRY. 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 5 0 1 6 1 0 0 0 0 1 1 0 0 0 X 23 22 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THOMAS J COVE 3014956321 962 WAYNE AVENUE 300 SILVER SPRING MD 20910 THOMAS COVE CEO 40.00 X X 386239 0 22853 JONATHAN RAM CHAIR 10.00 X X 0 0 0 ROMAN OBEN TREASURER 10.00 X X 0 0 0 DAN ARMENT BOARD MEMBER 5.00 X 0 0 0 MIKE DOWSE BOARD MEMBER 5.00 X 0 0 0 RAY HILVERT BOARD MEMBER 5.00 X 0 0 0 LAURA ST GEORGE BOARD MEMBER 5.00 X 0 0 0 NEIL MORTON BOARD MEMBER 5.00 X 0 0 0 RICHARD SULLIVAN BOARD MEMBER 5.00 X 0 0 0 MARCO ZAMBIANCHI BOARD MEMBER 5.00 X 0 0 0 JENNIFER BENDALL BOARD MEMBER 5.00 X 0 0 0 DAN SHERIDAN BOARD MEMBER 5.00 X 0 0 0 MIKE ZLAKET BOARD MEMBER 5.00 X 0 0 0 TERRANCE BABAILLA BOARD MEMBER 5.00 X 0 0 0 KIM DAVIS BOARD MEMBER 5.00 X 0 0 0 MELISSA DAWSON BOARD MEMBER 5.00 X 0 0 0 DAVE ELLIOTT BOARD MEMBER 5.00 X 0 0 0 JEFF FIORINI BOARD MEMBER 5.00 X 0 0 0 RAWLEIGH GROVE BOARD MEMBER 5.00 X 0 0 0 RAY HILVERT BOARD MEMBER 5.00 X 0 0 0 SCOTT MCDONALD BOARD MEMBER 5.00 X 0 0 0 MICHAEL SCHROEDER BOARD MEMBER 5.00 X 0 0 0 KURT TANDAN BOARD MEMBER 5.00 X 0 0 0 WILLIAM SELLS SENIOR VP 40.00 X 205923 0 21554 592162 0 44407 2 0 1 0 GLENN HORINE 58 CHARTER OAK ROAD FAIRFIELD CT 06824 BUSINESS DEVELOPMENT CONSULTANT 158500 BUFFALO GROUPE LLC 12700 SUNRISE VALLEY DR SUITE 300 RESTON VA 20191 RESEARCH VENDOR 106503 2 136502 127647 264149 MEMBERSHIP 900099 1003618 1003618 RESEARCH INCOME 900099 140376 140376 DTMBA FEES 900099 102200 102200 CONFERENCE 900099 42729 42729 1288923 77998 77998 205915 205915 199905 56140 143765 143765 143765 MISCELLANEOUS 900099 622 622 622 1981372 1288923 0 428300 X 409092 576974 17203 27703 56406 18052 139034 24638 206803 123125 26733 17013 45221 72199 89266 7692 21630 18922 DUES AND SUBSCRIPTIONS 76316 EQUIPMENT & MAINTENANCE 18542 CREDIT CARD PROCESSING 16647 PAYROLL PROCESSING FEES 3972 11034 2024217 268958 218371 336 17025 143561 244074 52002 16929 158527 90377 89781 68150 3616223 3903111 19945 0 4190806 4467660 260698 163027 80951 63595 150000 150000 15396 0 507045 376622 X 3683761 4091038 3683761 4091038 4190806 4467660 -42845 450122 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 1003618 112319 222383 334702 130470 204232 37754 27053 10701 120773 63324 57449 68150 2406856 450122 450122 1956734 24638 24638 1981372 1999579 0 1999579 24638 24638 2024217 X X 0 0 0 THOMAS COVE CEO 386239 0 0 0 0 0 11674 0 11179 0 409092 0 0 0 WILLIAM SELLS SENIOR VP 205923 0 0 0 0 0 6419 0 15135 0 227477 0 0 0 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR OF THE ORGANIZATION 7500 THE SUBSTANTIAL CONTRIBUTOR ALSO PAID PROGRAM SERVICE REVENUE (EXCELERATOR FEES) TO THE ORGANIZATION 0 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR OF THE ORGANIZATION 23100 THE SUBSTANTIAL CONTRIBUTOR ALSO PAID MEMBER DUES TO THE ORGANIZATION 0 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR OF THE ORGANIZATION 7500 THE SUBSTANTIAL CONTRIBUTOR ALSO PAID PROGRAM SERVICE REVENUE (EXCELERATOR FEES) TO THE ORGANIZATION 0 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR OF THE ORGANIZATION 1750 THE SUBSTANTIAL CONTRIBUTOR ALSO PAID MEMBER TSRM EVENT FEES TO THE ORGANIZATION 0 FORM 990, PART VI, SECTION A, LINE 6 IN 2023, SFIA HAS APPROXIMATELY 158 MEMBERS. SFIA MEMBERSHIP IS ATTRIBUTED TO AND PAID BY THE PARENT COMPANY IN THE CASE OF MULTIPLE BRANDS. EACH BRAND IS AFFORDED MEMBERSHIP STATUS UNDER THEIR PARENT COMPANY DESIGNATION; AS A RESULT SFIAS MEMBERSHIP REACHES ALMOST 500 BRANDS. MEMBERSHIP IN SFIA IS OPEN TO ANY PERSON, FIRM OR CORPORATION WHICH IS A MANUFACTURER, RETAILER OR MARKETER OF PRODUCTS USED IN SPORTS, INCLUDING BUT NOT LIMITED TO: SPORTS, FITNESS, ATHLETIC APPAREL, AND ATHLETIC FOOTWEAR; A PRIME MANUFACTURER OF COMPONENTS FOR SPORTS PRODUCTS; AND/OR A DISTRIBUTOR OF SPORTS PRODUCTS MARKETED UNDER THE DISTRIBUTOR'S BRAND NAME OR BY A BRAND NAME LICENSEE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY A QUORUM OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT AND THE CFO. THE CFO THEN REVIEWED THE FINAL FORM 990 WITH THE PRESIDENT/CEO. THE FORM 990 WAS MADE AVAILABLE TO THE ENTIRE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE RESPONSIBILITY OF EACH OFFICER, DIRECTOR AND KEY EMPLOYEE TO ANNUALLY REPORT ANY ACTUAL OR POTENTIAL CONFLICT THAT MAY EXIST BETWEEN THEMSELVES (AND THEIR IMMEDIATE FAMILIES) AND SFIA. IN THE ABSENCE OF A REPORT, VIOLATIONS OF THE PRINCIPLES AND STANDARDS OF THE CONFLICT OF INTEREST POLICY STATEMENT ARE SUBJECT TO DISCIPLINE, UP TO AND INCLUDING DISCHARGE. THE PRESIDENT/CEO HAS THE FINAL AUTHORITY TO DETERMINE THE APPROPRIATE PENALTY OF SUCH VIOLATION. EACH YEAR, CONFLICT OF INTEREST STATEMENTS ARE REQUESTED AND REVIEWED BY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE CHAIR EVALUATES THE PRESIDENT ON COMPENSATION AND PERFORMANCE. THE EVALUATION IS WRITTEN AND SHARED WITH THE CFO AND BOOKKEEPER TO ENSURE ANY CHANGES ARE MADE TO THE SALARY/BONUS. THE ORGANIZATION USES COMPARABLE DATA TO DETERMINE THE COMPENSATION, AND THE DELIBERATION AND DECISION IS DOCUMENTED IN OFFICIAL CORRESPONDENCE MAINTAINED IN THE ASSOCIATION'S FILES ALONG WITH THE BOARD MINUTES. THE ORGANIZATION DOES NOT HAVE ANY OTHER OFFICERS OR KEY EMPLOYEES. THE LAST COMPENSATION REVIEW TOOK PLACE IN OCTOBER 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING 122,803. COUNCIL CONSULTANTS 84,000.