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Nonprofit · EIN 53-0218747

INTERNATIONAL SLEEP PRODUCTS ASSOCIATION

Tax-exempt · ALEXANDRIA, VA 22314

Financials

$8.1M$9M2023$11.2M$10.5M2024
Revenue Expenses · by fiscal year end
Financials of INTERNATIONAL SLEEP PRODUCTS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,248,988$10,528,426$720,562$14,027,055$1,903,909$12,123,146
December 31, 2023990$8,123,556$9,035,464-$911,908$14,820,967$3,950,350$10,870,617
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$10,564,472
Investment income
$419,257
Net rental income
$101,208
Net gain from sales of assets
$36,123
Net income from sales of inventory
$101,339
Other revenue
$265,259

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,371,109
Other salaries and wages
$4,818,270
Salaries, compensation and benefits (total)
$7,819,931
Professional fundraising fees
$0
Legal fees
$12,120
Accounting fees
$98,860
Travel
$87,496
Depreciation
$126,443

Balance sheet and other

Total assets, start of year
$14,820,967
Total assets, end of year
$14,027,055
Total liabilities, end of year
$1,903,909
Net assets, end of year
$12,123,146
Land, buildings and equipment
$1,256,757
Publicly traded securities
$9,912,918
Net assets without donor restrictions
$12,123,146
Gross receipts
$12,821,689
Employees
67
Volunteers
21
Year formed
1915
State of legal domicile
IL

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RYAN TRAINERPresident-Ret.
Trustee or director, Officer
22.57$530,849$41,390
Catherine A LyonsCFO
Officer
19.98$307,923$34,930
KERRI PICHETTEVP, Business Devt.35$237,261$39,392
Michael J O'DonnellCOO35$222,884$24,648
Ava BoydVP Gov't Affairs35$203,292$25,213
Gayle HanlonLegal Council0$174,886$35,617
Alison KeanPresident
Trustee or director, Officer
32.19$204,950$3,535
Mary Helen UusimakiVP, Mktg. & Comm.35$164,694$26,192
Justine FallonVP Operations MRC0$173,767$14,678
Brent LimerTrustee
Trustee or director
1$0$0
David BinkeTrustee
Trustee or director
1$0$0
Hank LittleImm. Past Chair
Trustee or director
1$0$0
TIm OakhillTrustee
Trustee or director
1$0$0
Magali CastilloTrustee
Trustee or director
1$0$0
Cody MessnerDirector
Trustee or director
1$0$0
17 more people on this return
NameTitleHours / weekCompensation
Allen PlatekVice Chair
Trustee or director, Officer
1$0
William WrightTrustee
Trustee or director
1$0
Nicholas BatesTrustee
Trustee or director
1$0
Laura BrewickDirector
Trustee or director
1$0
Michael FausDirector
Trustee or director
1$0
JAYME RAYBURNTrustee
Trustee or director
1$0
Marc NavarreTrustee
Trustee or director
1$0
Jim TurnerTrustee
Trustee or director
1$0
Brandon WellsDirector
Trustee or director
1$0
Richard SkorpenskeTrustee
Trustee or director
1$0
Laurie TokarzChairman
Trustee or director, Officer
1$0
Gregory TrzcinskiTrustee
Trustee or director
1$0
Billy BalckburnTrustee
Trustee or director
1$0
Johan CleymanTrustee
Trustee or director
1$0
BRADLEY ROGERSTrustee
Trustee or director
1$0
DENNIS ST LOUISTrustee
Trustee or director
1$0
Jeff VeachTrustee
Trustee or director
1$0
990 for the year ended December 31, 2023: 29 people
NameTitleHours / weekCompensationOther / benefits
RYAN TRAINERPresident
Trustee or director, Officer
19.98$511,117$45,304
Catherine A LyonsCFO
Officer
18.13$285,732$39,209
Michael O'DonnellManaging Dir.-MRC0$207,996$28,308
KERRI PICHETTEVP, Business Devt.35$177,614$38,896
Gayle HanlonLegal Council0$165,606$37,702
Mary Helen UusimakiVP, Mktg. & Comm.35$155,045$28,962
Justine FallonOper. Dir.-MRC0$161,376$20,467
Karyn BahlsTrustee
Trustee or director
1$0$0
David BinkeTrustee
Trustee or director
1$0$0
Hank LittleChairman
Trustee or director, Officer
1$0$0
Rion MorgensternDirector
Trustee or director
1$0$0
Magali CastilloTrustee
Trustee or director
1$0$0
Cody MessnerDirector
Trustee or director
1$0$0
Adam LavaTrustee
Trustee or director
1$0$0
Allen PlatekDirector
Trustee or director
1$0$0
William WrightTrustee
Trustee or director
1$0$0
Nicholas BatesTrustee
Trustee or director
1$0$0
David SchwantesDirector
Trustee or director
1$0$0
JAYME RAYBURNTrustee
Trustee or director
1$0$0
Marc NavarreTrustee
Trustee or director
1$0$0
Shaun PenningtonTrustee
Trustee or director
1$0$0
Richard SkorpenskeTrustee
Trustee or director
1$0$0
Laurie TokarzVice Chair
Trustee or director, Officer
1$0$0
Gregory TrzcinskiTrustee
Trustee or director
1$0$0
Johan CleymanTrustee
Trustee or director
1$0$0
Harold EarleyTrustee
Trustee or director
1$0$0
Michael FausTrustee
Trustee or director
1$0$0
BRADLEY ROGERSTrustee
Trustee or director
1$0$0
DENNIS ST LOUISTrustee
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
501 WYTHE ST, ALEXANDRIA, VA 22314-1917
Principal officer (990 for 2024)
Catherine Lyons
Signed the 990
CATHERINE LYONS, CFO
Phone
(703) 683-8371
Return prepared by
Lydon Fetterolf Corydon PA

Mission

ISPA IS DEDICATED TO PROTECTING AND ENHANCING THE GROWTH, PROFITABILITY AND STATURE OF THE MATTRESS MANUFACTURING INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • PUBLICATIONS AND COMMUNICATIONS: THE ASSOCIATION PROVIDES INDEPTH COVERAGE OF THE EVENTS, TRENDS, AND ISSUES THAT AFFECT MEMBERS OF THE INDUSTRY. IT LINKS MANUFACTURERS WITH PRODUCT AND PROCESS INNOVATIONS FROM AROUND THE WORLD, AS WELL AS OPPORTUNITIES TO PROMOTE SERVICES, BUY AND SELL EQUIPMENT AND REACH POTENTIAL CANDIDATES FOR MANAGEMENT POSITIONS. ISPA'S WEEKLY BROADCAST ISPA INSIDER KEEPS MEMBERS ON TOP OF THE LATEST INDUSTRY NEWS, ANNOUNCEMENTS, AND MANUALS DESIGNED TO HELP BEDDING COMMUNITY MEMBERS ADDRESS SPECIFIC ISSUES RELATED TO THEIR OPERATIONS.
  • GOVERNMENT AFFAIRS AND ISSUES MANAGEMENT: IN THE GOVERNMENT AND PUBLIC POLICY ARENA, ISPA SERVES AS AN INFORMED, UNIFIED AND INDUSTRY VOICE TO LEGISLATORS, REGULATORS, AND THE PUBLIC. THE ASSOCIATION HAS ACTIVELY CULTIVATED SUCCESSFUL COLLABORATIVE RELATIONSHIPS WITH FEDERAL AND STATE REGULATORY AGENCIES, INDUSTRY AND TRADE GROUPS, AND THE SCIENTIFIC COMMUNITY ON EMERGING AND ONGOING ISSUES AFFECTING MEMBERS OF THE INDUSTRY.
  • TRADE EXPOSITIONS, MEETINGS AND EDUCATION: THE ASSOCIATION'S EXPO IS THE INDUSTRY'S PREMIER TRADESHOW WHERE BEDDING MANUFACTURERS FROM ALL OVER THE WORLD MEET TO SEE THE NEWEST AND BEST IN MACHINERY, EQUIPMENT, COMPONENTS, SUPPLIES AND SERVICES. IT IS HELD BIENNIALLY IN EVEN YEARS. ISPA HOLDS AN EXECUTIVE CONFERENCE IN ODD YEARS CALLED THE ISPA INDUSTRY CONFERENCE AND A Sustainability CONFERENCE ANNUALLY.
  • MEMBER SERVICE REPORTS AND MANAGEMENT TOOLS: ISPA PROVIDES A VARIETY OF EXCLUSIVE MANAGEMENT REPORTS BY WHICH MEMBERS CAN MEASURE AND IMPROVE THEIR OWN PRACTICES AND PERFORMANCE. USING THE "ANNUAL REPORT AND SALES STATISTICS", ISPA MEMBERS CAN GUAGE THE HEALTH OF THE INDUSTRY, ESTIMATE EQUIPMENT AND WORKPLACE NEEDS TO MEET PROJECTED SALES FIGURES, AND BENCHMARK THEIR COMPANY'S PERFORMANCE AGAINST THEIR PEERS. THE "ECONOMETRIC FORECAST", ISSUED IN THE SPRING AND FALL OF EACH YEAR, PROVIDES AN OVERVIEW OF THE INDUSTRY'S HEALTH IN RELATION TO THE LARGER FURNITURE INDUSTRY, AND SERVES AS AN EXCELLENT TOOL FOR SHORT AND LONG-TERM BUSINESS PLANNING. EACH MONTH, "ISPA'S SALES TREND REPORT" COMPARES NATIONAL AND REGIONAL SALES TRENDS WITH DATA FROM THE PAST FOUR YEARS. BEDDING INDUSTRY PROFESSIONALS HAVE COME TO DEPEND ON ISPA'S TIMELY MANAGEMENT REPORTS TO IMPROVE THEIR PRACTICE AND FINANCIAL PERFORMANCE IN THE INCREASINGLY COMPETITIVE EFFICIENCY-DRIVEN MARKET FOR SLEEP PRODUCTS. THE "ANNUAL COST SURVEY", THE "BIENNIEL WAGE SURVEY", AND THE "BIENNIAL MANAGEMENT COMPENSATION AND BENEFITS SURVEY" OFFER VALUABLE DATA TO HELP COMPANIES CONTROL COSTS AND MEET THE DEMANDS OF AN INCREASINGLY LIMITED LABOR MARKET.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
53-0218747
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1935
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$14,027,055
Income (IRS master file)
$12,821,689

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,248,988$10,528,426$14,027,055XML
990December 2023$8,123,556$9,035,464$14,820,967XML
990December 2022$10,004,697$8,779,712$12,215,742IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 53-0218747).

Questions about INTERNATIONAL SLEEP PRODUCTS ASSOCIATION

What is the EIN of INTERNATIONAL SLEEP PRODUCTS ASSOCIATION?
The employer identification number (EIN) of INTERNATIONAL SLEEP PRODUCTS ASSOCIATION is 53-0218747.
Is INTERNATIONAL SLEEP PRODUCTS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1935.
Are donations to INTERNATIONAL SLEEP PRODUCTS ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INTERNATIONAL SLEEP PRODUCTS ASSOCIATION 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 SLEEP PRODUCTS ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INTERNATIONAL SLEEP PRODUCTS ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INTERNATIONAL SLEEP PRODUCTS ASSOCIATION?
The 990 for the year ended December 31, 2024 names Catherine Lyons.
Who are the officers and directors of INTERNATIONAL SLEEP PRODUCTS ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 32 people; 9 received compensation from the organization, the highest $530,849 (RYAN TRAINER, President-Ret.).
How much revenue does INTERNATIONAL SLEEP PRODUCTS ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,248,988, expenses of $10,528,426 and total assets of $14,027,055 at year end.

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