Nonprofit · EIN 95-2544340
SPECIALTY EQUIPMENT MARKET ASSOCIATION
Tax-exempt · DIAMOND BAR, CA 91765
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $59,257,762 | $52,837,303 | $6,420,459 | $156,988,127 | $34,925,957 | $122,062,170 |
| June 30, 2024 | 990 | $51,625,053 | $49,141,494 | $2,483,559 | $144,882,010 | $32,374,494 | $112,507,516 |
| June 30, 2023 | 990 | $42,380,128 | $52,949,252 | -$10,569,124 | $137,473,335 | $32,109,658 | $105,363,677 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $54,281,192
- Investment income
- $4,703,383
- Net rental income
- $243,887
- Net gain from sales of assets
- $77,667
- Other revenue
- $273,187
Expenses
- Grants and similar amounts paid
- $243,169
- Compensation of officers, directors and key employees
- $1,471,442
- Other salaries and wages
- $16,665,049
- Salaries, compensation and benefits (total)
- $19,387,750
- Professional fundraising fees
- $0
- Legal fees
- $1,012,726
- Accounting fees
- $141,924
- Occupancy
- $811,251
- Travel
- $1,379,997
- Depreciation
- $2,177,394
Balance sheet and other
- Total assets, start of year
- $144,882,010
- Total assets, end of year
- $156,988,127
- Total liabilities, end of year
- $34,925,957
- Net assets, end of year
- $122,062,170
- Land, buildings and equipment
- $20,914,961
- Publicly traded securities
- $58,842,125
- Net assets without donor restrictions
- $122,062,170
- Gross unrelated business income
- -$20,599
- Gross receipts
- $88,476,994
- Employees
- 195
- Volunteers
- 16
- Year formed
- 1963
- State of legal domicile
- CA
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 | Other / benefits |
|---|---|---|---|---|
| MIKE SPAGNOLA | PRESIDENT AND CEO Officer | 40 | $586,689 | $30,660 |
| KAREN BAILEY-CHAPMAN | VP, GOV'T & LEGAL AFFAIRS Highest-paid employee | 40 | $443,879 | $23,836 |
| GEORGE AFREMOW | FORMER CFO Highest-paid employee | 40 | $386,438 | $39,440 |
| TOM GATTUSO | VICE PRESIDENT, EVENTS Key employee | 40 | $339,354 | $27,336 |
| RJ DE VERA | VICE PRESIDENT, MARKETING Highest-paid employee | 40 | $342,483 | $23,000 |
| WARREN KOSIKOV | VICE PRESIDENT, SALES Highest-paid employee | 40 | $291,431 | $30,500 |
| MICHAEL GOOD | PRESIDENT, PRI Key employee | 40 | $261,181 | $14,135 |
| DARIN D MRAZ | SR. DIRECTOR IT Highest-paid employee | 40 | $238,662 | $23,712 |
| WILLIAM MILLER | FORMER SENIOR VP, OPERATIONS Former | 0 | $217,874 | $0 |
| RYAN STUTZMAN | CFO Officer | 40 | $183,389 | $9,692 |
| KYLE FICKLER | CHAIRMAN Trustee or director, Officer | 3 | $0 | $0 |
| MELANIE WHITE | CHAIR ELECT Trustee or director, Officer | 3 | $0 | $0 |
| TIM MCCARTHY | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| JAMES LAWRENCE | IMMEDIATE PAST CHAIR & SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| BILL BADER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICH BUTLER | BOARD MEMBER Trustee or director | 3 | $0 |
| LINDSEY HUBLEY | BOARD MEMBER (THRU 07/24) Trustee or director | 3 | $0 |
| DOUG LANE | BOARD MEMBER Trustee or director | 3 | $0 |
| NORRIS MARSHALL | BOARD MEMBER Trustee or director | 3 | $0 |
| LARRY MONTANTE | BOARD MEMBER (THRU 07/24) Trustee or director | 3 | $0 |
| KELLY OESTE | BOARD MEMBER Trustee or director | 3 | $0 |
| KIM PENDERGAST | BOARD MEMBER Trustee or director | 3 | $0 |
| BRIAN REESE | BOARD MEMBER (THRU 07/24) Trustee or director | 3 | $0 |
| KATHRYN REINHARDT | BOARD MEMBER Trustee or director | 3 | $0 |
| MELISSA SCOLES | BOARD MEMBER Trustee or director | 3 | $0 |
| MARCUS UMLAUFF | BOARD MEMBER Trustee or director | 3 | $0 |
| TED WENTZ | BOARD MEMBER Trustee or director | 3 | $0 |
| STEVE WHIPPLE | BOARD MEMBER (THRU 07/24) Trustee or director | 3 | $0 |
990 for the year ended June 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MIKE SPAGNOLA | PRESIDENT AND CEO Officer | 40 | $643,791 | $31,000 |
| WILLIAM MILLER | SENIOR VP, OPERATIONS (THRU 07/23) Key employee | 40 | $618,009 | $31,346 |
| CHRISTOPHER J KERSTING | FORMER CEO & PRESIDENT Former | 0 | $468,750 | $0 |
| KAREN BAILEY-CHAPMAN | VP, GOV'T & LEGAL AFFAIRS Highest-paid employee | 40 | $426,340 | $22,850 |
| GEORGE AFREMOW | VP AND CFO (THRU 05/24) Officer | 40 | $357,923 | $31,040 |
| RJ DE VERA | VICE PRESIDENT, MARKETING Highest-paid employee | 40 | $333,759 | $22,243 |
| TOM GATTUSO | VICE PRESIDENT, EVENTS Key employee | 40 | $317,061 | $30,000 |
| ZANE CLARK VICE PRESIDENT | COUNCILS & MEMBERSHIP Highest-paid employee | 40 | $304,900 | $22,500 |
| WARREN KOSIKOV | VICE PRESIDENT, SALES Highest-paid employee | 40 | $284,960 | $30,000 |
| DARIN D MRAZ | SR. DIRECTOR IT Highest-paid employee | 40 | $240,017 | $21,000 |
| JIM LIAW | GENERAL MANAGER, PRI Key employee | 40 | $243,764 | $16,603 |
| KYLE FICKLER CHAIR ELECT THRU | 07/23), CHAIRMAN (AS OF 07/23) Trustee or director, Officer | 3 | $0 | $0 |
| MELANIE WHITE BOARD MEM THRU | 07/23), CHAIR ELECT (AS OF 07/23) Trustee or director, Officer | 3 | $0 | $0 |
| TIM MCCARTHY | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| JAMES LAWRENCE CHAIR THRU 07 | 23),IM PAST CHAIR/SEC(AS OF 07/23) Trustee or director, Officer | 3 | $0 | $0 |
| TIM MARTIN IMMEDIATE PAST | CHAIR & SECRETARY (THRU 07/23) Trustee or director, Officer | 3 | $0 | $0 |
| KATHRYN REINHARDT | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| LARRY MONTANTE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| KIM PENDERGAST | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| BRIAN REESE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| TED WENTZ | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| LINDSEY HUBLEY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| STEVE WHIPPLE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| RICH BUTLER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| NORRIS MARSHALL | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| MARCUS UMLAUFF | BOARD MEMBER (AS OF 7/23) Trustee or director | 3 | $0 | $0 |
| RYAN STUTZMAN | CFO (AS OF 05/24) Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM MILLER | SENIOR VP, OPERATIONS Key employee | 40 | $564,195 | $62,092 |
| MIKE SPAGNOLA | PRESIDENT AND CEO Officer | 40 | $557,235 | $54,391 |
| CHRISTOPHER J KERSTING | FORMER CEO & PRESIDENT Former | 0 | $604,870 | $6,738 |
| GEORGE AFREMOW | VP AND CFO Officer | 40 | $358,282 | $40,581 |
| TOM GATTUSO | VICE PRESIDENT, EVENTS Key employee | 40 | $288,899 | $46,692 |
| DANIEL INGBER VP GOV'T | LEGAL AFFAIRS (THRU 2/13/23) Highest-paid employee | 40 | $283,702 | $40,592 |
| NATHAN RIDNOUER VP COUNCILS | & MEMBERSHIP (THRU 9/9/2022) Highest-paid employee | 40 | $267,985 | $44,714 |
| JAMIE MEYER | PRESIDENT, PRI (THRU 12/14/22) Key employee | 40 | $272,050 | $32,638 |
| WARREN KOSIKOV | VICE PRESIDENT, SALES Highest-paid employee | 40 | $262,803 | $27,000 |
| RJ DE VERA | VICE PRESIDENT, MARKETING Highest-paid employee | 40 | $264,237 | $14,606 |
| JIM LIAW | GENERAL MANAGER, PRI Key employee | 40 | $222,172 | $46,519 |
| DARIN D MRAZ | SR. DIRECTOR IT Highest-paid employee | 40 | $210,562 | $21,250 |
| BUNYAN LES RUDD TREASURER | BOARD MEMBER (THRU 7/30/22) Trustee or director, Officer | 3 | $0 | $0 |
| TIM MARTIN | IMMEDIATE PAST CHAIR & SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| JAMES LAWRENCE | CHAIRMAN Trustee or director, Officer | 3 | $0 | $0 |
| KYLE FICKLER | CHAIR ELECT Trustee or director, Officer | 3 | $0 | $0 |
| LARRY MONTANTE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| BRIAN REESE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| CHRIS DOUGLAS | BOARD MEMBER (THRU 7/30/22) Trustee or director | 3 | $0 | $0 |
| KATHRYN REINHARDT | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| MELANIE WHITE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| KIM PENDERGAST | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| STEVE WHIPPLE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| TED WENTZ | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| RICH BUTLER | BOARD MEMBER (AS OF 7/30/22) Trustee or director | 3 | $0 | $0 |
| NORRIS MARSHALL | BOARD MEMBER (AS OF 7/30/22) Trustee or director | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1575 VALLEY VISTA DR, DIAMOND BAR, CA 91765-3914
- In care of
- % GEORGE T AFREMOW
- Principal officer (990 for 2024)
- MIKE SPAGNOLA, 1575 SOUTH VALLEY VISTA DR, DIAMOND BAR, CA 91765
- Signed the 990
- RYAN STUTZMAN, CFO
- Phone
- (909) 978-6707
- Website
- WWW.SEMA.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-2544340 or by the name SPECIALTY EQUIPMENT MARKET ASSOCIATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SEMA'S MISSION IS TO HELP OUR MEMBERS' BUSINESSES SUCCEED AND PROSPER. OUR MEMBERS ARE THE PRODUCERS AND MARKETERS OF SPECIALTY EQUIPMENT PRODUCTS AND SERVICES FOR THE AUTOMOTIVE AFTERMARKET. WE WILL DO THIS BY: A. PROACTIVE LEADERSHIP IN OUR INDUSTRY TO HELP IT EXPAND DOMESTICALLY AND WORLDWIDE. B. DELIVERING PROGRAMS, ACTIVITIES AND INFORMATION IN RESPONSE TO THE ONGOING AND EMERGING NEEDS OF OUR MEMBERS. C. EMPHASIZING EDUCATION TO HELP MEMBERS FOCUS ON AND ACHIEVE ACCEPTABLE WORLD-CLASS QUALITY STANDARDS. D. LEGISLATIVE AND REGULATORY ADVOCACY. E. PRODUCING THE INDUSTRY'S LEADING TRADE SHOW.
Program accomplishments
- SEE SCHEDULE O
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
- 95-2544340
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1970
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $156,988,127
- Income (IRS master file)
- $88,476,994
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $59,257,762 | $52,837,303 | $156,988,127 | XML |
| 990 | June 2024 | $51,625,053 | $49,141,494 | $144,882,010 | XML |
| 990 | June 2023 | $42,380,128 | $52,949,252 | $137,473,335 | XML |
| 990 | June 2022 | $51,662,563 | $48,990,666 | $143,261,382 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 95-2544340).
Questions about SPECIALTY EQUIPMENT MARKET ASSOCIATION
- What is the EIN of SPECIALTY EQUIPMENT MARKET ASSOCIATION?
- The employer identification number (EIN) of SPECIALTY EQUIPMENT MARKET ASSOCIATION is 95-2544340.
- Is SPECIALTY EQUIPMENT MARKET ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1970.
- Are donations to SPECIALTY EQUIPMENT MARKET ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SPECIALTY EQUIPMENT MARKET 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 SPECIALTY EQUIPMENT MARKET ASSOCIATION 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 SPECIALTY EQUIPMENT MARKET ASSOCIATION 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 SPECIALTY EQUIPMENT MARKET ASSOCIATION?
- The 990 for the year ended June 30, 2025 names MIKE SPAGNOLA.
- Who are the officers and directors of SPECIALTY EQUIPMENT MARKET ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 28 people; 10 received compensation from the organization, the highest $586,689 (MIKE SPAGNOLA, PRESIDENT AND CEO).
- How much revenue does SPECIALTY EQUIPMENT MARKET ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $59,257,762, expenses of $52,837,303 and total assets of $156,988,127 at year end.
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