Form 990 for tax year 2022
Filed by AMERICAN APPAREL AND FOOTWEAR ASSOCIATION.
Totals
- Total revenue
- $6,640,273
- Total expenses
- $5,534,363
- Contributions and grants received
- $0
- Grants paid
- $12,500
- Program service revenue
- $6,049,385
- Investment income
- $166,218
- Other revenue
- $424,670
- Total assets, end of year
- $13,900,144
- Total liabilities, end of year
- $7,595,695
- Net assets or fund balances, end of year
- $6,304,449
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: MEMBERSHIP DUES
total $4,781,304 · related or exempt $4,781,304
-
2b · Program service revenue: SPONSORSHIPS
total $568,263 · excluded $568,263
-
2c · Program service revenue: REGISTRATIONS
total $507,318 · related or exempt $507,318
-
2d · Program service revenue: CEPA PROJECT
total $160,000 · related or exempt $160,000
-
2e · Program service revenue: ADVERTISING
total $32,500 · unrelated business $32,500
-
3 · Investment income
total $220,755 · excluded $220,755
-
5 · Royalties
total $30,919 · excluded $30,919
-
6a · Gross rents
real property $119,728
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $119,728
-
6d · Net rental income or loss
total $119,728 · excluded $119,728
-
7a · Gross sales of assets other than inventory
securities $2,750,876
-
7b · Less cost or other basis and sales expenses
securities $2,805,413
-
7c · Gain or loss
securities -$54,537
-
7d · Net gain or loss
total -$54,537 · excluded -$54,537
-
8a · Fundraising events: gross income
$500,400
-
8b · Fundraising events: direct expenses
$227,377
-
8c · Net income from fundraising events
total $273,023 · excluded $273,023
-
11a · Other revenue: OTHER INCOME
total $1,000 · excluded $1,000
-
11e · Other revenue, total
$1,000
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $12,500
-
5 · Compensation of officers, directors and key employees
total $1,788,357
-
7 · Other salaries and wages
total $1,605,828
-
8 · Pension plan contributions
total $75,275
-
11b · Fees: legal
total $216,541
-
11f · Fees: investment management
total $27,672
-
11g · Fees: other
total $377,045
-
12 · Advertising and promotion
total $4,457
-
13 · Office expenses
total $46,235
-
14 · Information technology
total $123,517
-
16 · Occupancy
total $488,253
-
17 · Travel
total $84,696
-
19 · Conferences, conventions and meetings
total $34,470
-
22 · Depreciation, depletion and amortization
total $95,947
-
23 · Insurance
total $31,725
-
24a · Other expenses: FOOD AND BEVERAGE
total $281,178
-
24b · Other expenses: EQUIPMENT RENTAL
total $95,308
-
24c · Other expenses: DUES & MEMBERSHIPS
total $73,765
-
24d · Other expenses: BANK CHARGES
total $45,521
-
24e · All other expenses
total $26,073
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,198,423 · end of year $1,094,227
-
2 · Savings and temporary cash investments
beginning of year $818,517 · end of year $1,452,319
-
4 · Accounts receivable
beginning of year $47,600 · end of year $116,757
-
9 · Prepaid expenses and deferred charges
beginning of year $242,834 · end of year $210,432
-
10a · Land, buildings and equipment: cost or other basis
$1,646,282
-
10b · Land, buildings and equipment: accumulated depreciation
$1,096,244
-
10c · Land, buildings and equipment, net
beginning of year $643,955 · end of year $550,038
-
11 · Investments: publicly traded securities
beginning of year $6,733,971 · end of year $6,822,254
-
15 · Other assets
beginning of year $0 · end of year $3,654,117
-
17 · Accounts payable and accrued expenses
beginning of year $625,694 · end of year $643,353
-
19 · Deferred revenue
beginning of year $1,927,575 · end of year $2,324,266
-
25 · Other liabilities
beginning of year $1,017,031 · end of year $4,628,076
-
27 · Net assets without donor restrictions
beginning of year $6,018,487 · end of year $6,157,641
-
28 · Net assets with donor restrictions
beginning of year $96,513 · end of year $146,808
Mission and programs · 2022
Mission
AAFA STANDS AT THE FOREFRONT AS A LEADER OF POSITIVE CHANGE FOR THE APPAREL AND FOOTWEAR INDUSTRY. WITH INTEGRITY AND PURPOSE, AAFA DELIVERS A UNIFIED VOICE ON KEY LEGISLATIVE AND REGULATORY ISSUES. AAFA ENABLES A COLLABORATIVE FORUM TO PROMOTE BEST PRACTICES AND INNOVATION. AAFA'S COMPREHENSIVE WORK ENSURES THE CONTINUED SUCCESS AND GROWTH OF THE APPAREL AND FOOTWEAR INDUSTRY, ITS SUPPLIERS, AND ITS CUSTOMERS.
Activities or mission (Part I)
TO STAND AS A LEADER OF POSITIVE CHANGE FOR THE APPAREL & FOOTWEAR INDUSTRY ON BEHALF OF ITS MEMBERS.
-
THE ASSOCIATION HOLDS CONFERENCES AND SEMINARS RELATING TO THE APPAREL AND FOOTWEAR INDUSTRY, ISSUES NEWSLETTERS TO INFORM ITS MEMBERS ON CHANGES IN THE INDUSTRY AND PRESENTS THE VIEWPOINTS OF ITS MEMBERS TO LEGISLATIVE AND REGULATORY BODIES.WITH OVER 300 MEMBERS, THE ASSOCIATION ACCOUNTS FOR MORE THAN 1,000 NAME BRANDS.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Colin BrowneCOLIN BROWNE
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Sarah ClarkeSARAH CLARKE
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Ted DagneseTED DAGNESE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Josue SolanoJOSUE SOLANO
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Katherine GoldKATHERINE GOLD
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Cameron BaileyCAMERON BAILEY
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Halide AlagozHALIDE ALAGOZ
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Kurt CavanoKURT CAVANO
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mike FairclothMIKE FAIRCLOTH
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve MostofskySTEVE MOSTOFSKY
EXECUTIVE COMMITTEE (THRU 3/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Todd KahnTODD KAHN
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Abbey DonegerABBEY DONEGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Alan LuchetteALAN LUCHETTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Allan EllingerALLAN ELLINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Allison MurphyALLISON MURPHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Bill EllsBILL ELLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Bruce MunroBRUCE MUNRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris AltCHRIS ALT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Christopher VolpeCHRISTOPHER VOLPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David J KatzDAVID J KATZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David J MillerDAVID J MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Deborah WeinswigDEBORAH WEINSWIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Edward A GribbinEDWARD A GRIBBIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Edward M ManburgEDWARD M MANBURG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
James SchwartzJAMES SCHWARTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jason KraJASON KRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Joe PrestonJOE PRESTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Karen SmithKAREN SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Killick S DattaKILLICK S DATTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lisa BateLISA BATE
DIRECTOR (THRU 2/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Lisa WilliamsLISA WILLIAMS
DIRECTOR (THRU 9/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Liz O'NeillLIZ O'NEILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Luis MarquinaLUIS MARQUINA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Mark BursteinMARK BURSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Mark GitomerMARK GITOMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Melissa NelsonMELISSA NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael ManshMICHAEL MANSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Oscar FeldenkreisOSCAR FELDENKREIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Paula ZusiPAULA ZUSI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Peter R SmithPETER R SMITH
DIRECTOR (THRU 5/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Richard C PriceRICHARD C PRICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rick HorwitchRICK HORWITCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert RothbaumROBERT ROTHBAUM
DIRECTOR (THRU 5/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Sally GilliganSALLY GILLIGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Sidney D HowardSIDNEY D HOWARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Stan Clay JewellSTAN CLAY JEWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Sunny TanSUNNY TAN
DIRECTOR (THRU 1/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Thomas C Chubb IIITHOMAS C CHUBB III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tom LorangTOM LORANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Stephen Edward LamarSTEPHEN EDWARD LAMAR
CEO & PRESIDENT
- Total calculated
- $550,393
- From this org
- $488,078
- From related orgs
- $0
- Other
- $62,315
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $436,320
- Bonus
- $51,758
- Other
- $0
- Deferred
- $33,550
- Nontaxable benefits
- $28,765
- Filer's total
- $550,393
-
Agata BorradoriAGATA BORRADORI
VP FINANCE & ADMIN
- Total calculated
- $194,914
- From this org
- $172,106
- From related orgs
- $0
- Other
- $22,808
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $154,467
- Bonus
- $17,639
- Other
- $0
- Deferred
- $13,529
- Nontaxable benefits
- $9,279
- Filer's total
- $194,914
-
Maureen StorchMAUREEN STORCH
SVP, MEMBERSHIP
- Total calculated
- $400,805
- From this org
- $344,749
- From related orgs
- $0
- Other
- $56,056
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $261,187
- Bonus
- $83,562
- Other
- $0
- Deferred
- $24,400
- Nontaxable benefits
- $31,656
- Filer's total
- $400,805
-
Nathanael HermanNATHANAEL HERMAN
SVP, POLICY
- Total calculated
- $270,923
- From this org
- $250,840
- From related orgs
- $0
- Other
- $20,083
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $212,638
- Bonus
- $38,202
- Other
- $0
- Deferred
- $20,083
- Nontaxable benefits
- $0
- Filer's total
- $270,923
-
Natalie Chadwick LabellaNATALIE CHADWICK LABELLA
VP, COMMS & MKT
- Total calculated
- $185,599
- From this org
- $163,481
- From related orgs
- $0
- Other
- $22,118
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $148,031
- Bonus
- $15,450
- Other
- $0
- Deferred
- $12,839
- Nontaxable benefits
- $9,279
- Filer's total
- $185,599
-
Susan LapentinaSUSAN LAPENTINA
SVP, EDU. & CORP MKT (THRU 6/22)
- Total calculated
- $191,984
- From this org
- $159,840
- From related orgs
- $0
- Other
- $32,144
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $135,635
- Bonus
- $24,205
- Other
- $0
- Deferred
- $12,742
- Nontaxable benefits
- $19,402
- Filer's total
- $191,984
-
Beth Anne HughesBETH ANNE HUGHES
VP, TRADE & CUSTOMS POLICY
- Total calculated
- $185,723
- From this org
- $168,218
- From related orgs
- $0
- Other
- $17,505
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $154,107
- Bonus
- $14,111
- Other
- $0
- Deferred
- $13,247
- Nontaxable benefits
- $4,258
- Filer's total
- $185,723
-
Corinne Murphy SuderCORINNE MURPHY SUDER
VP OF EVENTS & PROGRAMMING
- Total calculated
- $138,327
- From this org
- $128,562
- From related orgs
- $0
- Other
- $9,765
- Hours/week
- 35
-
Darrell SumpterDARRELL SUMPTER
SR OFFICE MGR/STAFF ACCT
- Total calculated
- $130,136
- From this org
- $118,302
- From related orgs
- $0
- Other
- $11,834
- Hours/week
- 35
-
Megan BalkovicMEGAN BALKOVIC
SR DIR, MBR EXP & IND ENGAGE
- Total calculated
- $145,598
- From this org
- $128,155
- From related orgs
- $0
- Other
- $17,443
- Hours/week
- 35
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
EDUCATIONAL
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
AMERICAN APPAREL & FOOTWEAR ASSOCIATION PAC
527 · POLITICAL ACTION COMMITTEE/SEPARATE SEGREGATED FUND · DC · controlled entity
Directly controlled by AMERICAN APPAREL & FOOTWEAR ASSOCIATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349302735
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