Nonprofit · EIN 52-1283024
INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC
Tax-exempt · WASHINGTON, DC 20006
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,039,543 | $1,161,789 | -$122,246 | $2,403,074 | $5,057 | $2,398,017 |
| June 30, 2024 | 990 | $1,218,408 | $1,225,014 | -$6,606 | $2,531,167 | $13,616 | $2,517,551 |
| June 30, 2023 | 990 | $1,046,701 | $1,266,441 | -$219,740 | $2,523,446 | $14,488 | $2,508,958 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $939,368
- Investment income
- $100,175
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,403
- Accounting fees
- $11,600
- Travel
- $18,152
Balance sheet and other
- Total assets, start of year
- $2,531,167
- Total assets, end of year
- $2,403,074
- Total liabilities, end of year
- $5,057
- Net assets, end of year
- $2,398,017
- Net assets without donor restrictions
- $2,398,017
- Gross receipts
- $1,039,543
- Employees
- 0
- Volunteers
- 13
- Year formed
- 1966
- State of legal domicile
- MD
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RENE RIEDI | CHAIR Trustee or director, Officer | 1 | $0 |
| ERASMO ORILLAC | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| MICHAEL HALPERN | TREASURER & SECRETARY Trustee or director | 1 | $0 |
| JULIA SEVE | DIRECTOR UNTIL JANUARY 2025 Trustee or director | 1 | $0 |
| PETRINA KHO | DIRECTOR AS OF JANUARY 2025 Trustee or director | 1 | $0 |
| NUNO DO AMARAL | DIRECTOR UNTIL JUNE 2025 Trustee or director | 1 | $0 |
| MARK MARIANI | DIRECTOR Trustee or director | 1 | $0 |
| LISA BAUER | DIRECTOR Trustee or director | 1 | $0 |
| FELIPE GRANT | DIRECTOR Trustee or director | 1 | $0 |
| JORDI MARTIN-CONSUEGRA | DIRECTOR AS OF MAY 2025 Trustee or director | 1 | $0 |
| MARKUS SUTER | DIRECTOR Trustee or director | 1 | $0 |
| GREG FORD | DIRECTOR Trustee or director | 1 | $0 |
| PAT MOLLOY | DIRECTOR AS OF DECEMBER 2024 Trustee or director | 1 | $0 |
| MICHAEL PAYNE | PRESIDENT AND CEO Officer | 20 | $0 |
| STEVEN ANTOLICK | EXECUTIVE DIRECTOR Officer | 20 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RENE RIEDI | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| PADRAIG DRENNAN | VICE CHAIRMAN UNTIL DEC. 2023 Trustee or director, Officer | 1 | $0 |
| ERASMO ORILLAC SECTREAS | ALSO VICE CHAIR AS OF JAN. 2024 Trustee or director, Officer | 1 | $0 |
| MICHAEL HALPERN | DIRECTOR Trustee or director | 1 | $0 |
| ENRIQUE URIOSTE | DIRECTOR Trustee or director | 1 | $0 |
| LOUIS SNELDERS | DIRECTOR Trustee or director | 1 | $0 |
| NUNO DO AMARAL | DIRECTOR Trustee or director | 1 | $0 |
| MARK MARIANI | DIRECTOR Trustee or director | 1 | $0 |
| LISA BAUER | DIRECTOR AS OF FEB. 2024 Trustee or director | 1 | $0 |
| FELIPE GRANT | DIRECTOR AS OF MAR. 2024 Trustee or director | 1 | $0 |
| JULIA SEVE | DIRECTOR AS OF MAR. 2024 Trustee or director | 1 | $0 |
| MARKUS SUTER | DIRECTOR AS OF MAR. 2024 Trustee or director | 1 | $0 |
| GREG FORD | DIRECTOR AS OF MAR. 2024 Trustee or director | 1 | $0 |
| DAVID BERNSTEIN | DIRECTOR UNTIL MAR. 2024 Trustee or director | 1 | $0 |
| MICHAEL PAYNE | PRESIDENT AND CEO Officer | 20 | $0 |
| STEVEN ANTOLICK | EXECUTIVE DIRECTOR Officer | 20 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RENE RIEDI | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| PADRAIG DRENNAN | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| ERASMO ORILLAC | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| DAVID BERNSTEIN | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL HALPERN | DIRECTOR Trustee or director | 1 | $0 |
| PHILIP HANCOCK | DIRECTOR UNTIL JANUARY 2023 Trustee or director | 1 | $0 |
| ENRIQUE URIQOSTE | DIRECTOR Trustee or director | 1 | $0 |
| LOUIS SNELDERS | DIRECTOR Trustee or director | 1 | $0 |
| NUNO DO AMARAL | DIRECTOR Trustee or director | 1 | $0 |
| MARK MARIANI | DIRECTOR AS OF FEBRUARY 2023 Trustee or director | 1 | $0 |
| MICHAEL PAYNE | PRESIDENT AND CEO Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 2001 K ST NW STE 300, WASHINGTON, DC 20006-0010
- Principal officer (990 for 2024)
- STEVEN ANTOLICK, 2001 K STREET NW 300, WASHINGTON, DC 20006
- Signed the 990
- STEVEN ANTOLICK, EXECUTIVE DIRECTOR
- Phone
- (202) 367-1184
- Website
- WWW.IAADFS.ORG
- Return prepared by
- JM&M
Mission
TO PROMOTE THE DUTY FREE AND TRAVEL RETAIL INDUSTRY AS AN IMPORTANT SEGMENT OF THE INTERNATIONAL BUSINESS COMMUNITY; PROVIDE ACTIVITIES WHEREBY OPERATORS OF DUTY FREE AND TRAVEL RETAIL CONCESSIONS AND THEIR SUPPLIERS CAN EXCHANGE INFORMATION ON PRODUCTS AND THEIR MARKET POTENTIAL; AND SERVE AS A COLLECTIVE VOICE IN REPRESENTING THE DUTY FREE AND TRAVEL RETAIL INDUSTRY ON COMMON ISSUES AFFECTING THE MEMBERSHIP.
Program accomplishments
- CONVENTION - THE DUTY FREE TRADE SHOW IS USUALLY HELD DURING THE SPRING IN FLORIDA. THIS ANNUAL EVENT PROVIDES A FORUM FOR THE DEVELOPMENT OF COMMUNICATION AND BUSINESS RELATIONSHIPS BETWEEN BUYERS AND SELLERS OF DUTY FREE PRODUCTS.
- GOVERNMENT RELATIONS - IAADFS PROVIDES OTHER MEMBERSHIP SERVICES, INCLUDING AN ONGOING GOVERNMENT RELATIONS PROGRAM WHICH MONITORS ACTIVITIES THAT MIGHT HAVE AN IMPACT ON IAADFS MEMBERS AND RESPONDS ACCORDINGLY.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1283024
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1983
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,403,074
- Income (IRS master file)
- $1,039,543
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,039,543 | $1,161,789 | $2,403,074 | XML |
| 990 | June 2024 | $1,218,408 | $1,225,014 | $2,531,167 | IRS |
| 990 | June 2023 | $1,046,701 | $1,266,441 | $2,523,446 | XML |
| 990 | June 2022 | $642,959 | $943,852 | $2,781,821 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 52-1283024).
Questions about INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC
- What is the EIN of INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC?
- The employer identification number (EIN) of INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC is 52-1283024.
- Is INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1983.
- Are donations to INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES 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 INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC?
- The 990 for the year ended June 30, 2025 names STEVEN ANTOLICK.
- Who are the officers and directors of INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC?
- The 990 for the year ended June 30, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,039,543, expenses of $1,161,789 and total assets of $2,403,074 at year end.
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