Form 990 for tax year 2022
Filed by NATIONAL ASSOCIATION OF PROFESSIONAL EMPLOYER ORGANIZATION.
Totals
- Total revenue
- $10,462,146
- Total expenses
- $9,793,943
- Contributions and grants received
- $0
- Grants paid
- $20,985
- Program service revenue
- $10,318,482
- Investment income
- $123,973
- Other revenue
- $19,691
- Total assets, end of year
- $8,748,844
- Total liabilities, end of year
- $2,897,917
- Net assets or fund balances, end of year
- $5,850,927
- 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 $6,855,418 · related or exempt $6,855,418
-
2b · Program service revenue: MEETINGS & SEMINARS
total $2,846,729 · related or exempt $2,258,324 · excluded $588,405
-
2c · Program service revenue: PUBLICATIONS
total $560,243 · related or exempt $35,618 · unrelated business $524,625
-
2f · All other program service revenue
total $56,092 · related or exempt $56,092
-
3 · Investment income
total $123,973 · excluded $123,973
-
11d · All other revenue
total $19,691 · excluded $19,691
-
11e · Other revenue, total
$19,691
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $20,985
-
5 · Compensation of officers, directors and key employees
total $870,282
-
7 · Other salaries and wages
total $1,897,842
-
8 · Pension plan contributions
total $51,993
-
9 · Other employee benefits
total $555,802
-
10 · Payroll taxes
total $173,494
-
11b · Fees: legal
total $85,980
-
11c · Fees: accounting
total $76,184
-
11d · Fees: lobbying
total $997,935
-
11f · Fees: investment management
total $19,926
-
11g · Fees: other
total $975,650
-
12 · Advertising and promotion
total $969,695
-
13 · Office expenses
total $679,410
-
14 · Information technology
total $189,905
-
16 · Occupancy
total $77,647
-
17 · Travel
total $312,965
-
19 · Conferences, conventions and meetings
total $1,531,806
-
20 · Interest
total $17,772
-
22 · Depreciation, depletion and amortization
total $95,935
-
23 · Insurance
total $22,179
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $170,556
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $512,320 · end of year $537,155
-
2 · Savings and temporary cash investments
beginning of year $2,459,660 · end of year $2,004,215
-
4 · Accounts receivable
beginning of year $16,311 · end of year $24,232
-
9 · Prepaid expenses and deferred charges
beginning of year $148,534 · end of year $186,265
-
10a · Land, buildings and equipment: cost or other basis
$3,323,232
-
10b · Land, buildings and equipment: accumulated depreciation
$1,277,744
-
10c · Land, buildings and equipment, net
beginning of year $2,073,397 · end of year $2,045,488
-
11 · Investments: publicly traded securities
beginning of year $4,047,486 · end of year $3,748,064
-
15 · Other assets
beginning of year $232,573 · end of year $203,425
-
17 · Accounts payable and accrued expenses
beginning of year $937,752 · end of year $502,150
-
19 · Deferred revenue
beginning of year $2,231,568 · end of year $1,789,754
-
23 · Secured mortgages and notes payable
beginning of year $470,064 · end of year $402,588
-
25 · Other liabilities
beginning of year $232,573 · end of year $203,425
-
27 · Net assets without donor restrictions
beginning of year $5,618,324 · end of year $5,850,927
Mission and programs · 2022
Mission
NAPEO'S MISSION IS TO GROW, PROMOTE, AND SUPPORT THE PROFESSIONAL EMPLOYER ORGANIZATION (PEO) INDUSTRY. NAPEO ADVOCATES FOR THE INTERESTS OF PEOS AT ALL LEVELS OF GOVERNMENT, AND PROVIDES ROBUST MEMBER RESOURCES, VITAL NETWORKING AND REFERRALS, RELEVANT AND TIMELY EDUCATION, AND EFFECTIVE PUBLIC RELATIONS AND MARKETING SUPPORT.
-
GOVERNMENTAL AFFAIRS/ ADVOCACY: NATIONAL ASSOCIATION OF PROFESSIONAL EMPLOYER ORGANIZATIONS (NAPEO) LOBBIES ON BEHALF OF ITS MEMBERSHIP AT THE STATE AND FEDERAL LEVEL TO SECURE FAVORABLE LEGAL AND REGULATORY CERTAINTY FOR THE PEO INDUSTRY. NAPEO PROMOTES THE ADOPTION OF CONSISTENT AND COMPREHENSIVE STATE LAWS SIMILAR TO NAPEO'S MODEL PEO LEGISLATION. NAPEO PROMOTES A SET OF COMMONLY ACCEPTED PROFESSIONAL PRACTICES THAT ADDRESS FINANCIAL, ETHICAL, AND LEGAL PERFORMANCE. NAPEO DEPLOYS GRASSROOTS LOBBYING EFFORTS AMOUNT ITS MEMBERS TO COMPLEMENT PROFESSIONAL LOBBYING EFFORTS. NAPEO KEEPS MEMBERS INFORMED OF RELEVANT REGULATORY AND LEGISLATIVE DEVELOPMENTS AND INITIATIVES.
-
MEMBER EDUCATION: NAPEO IS THE PRIMARY SOURCE OF EDUCATION ON PEO INDUSTRY BEST PRACTICES AND SUPPORTS OPERATIONAL EXCELLENCE IN ITS MEMBER COMPANIES. IN 2022, NAPEO HOSTED NUMEROUS IN-PERSON AND VIRTUAL EVENTS FOR ITS MEMBERS, PROVIDING ESSENTIAL AND TIMELY EDUCATION ON A VARIETY OF TOPIC AREAS INCLUDING, FINANCE, LEGAL, REGULATORY, HUMAN RESOURCES, RISK MANAGEMENT, SALES, MARKETING, PAYROLL AND MORE. IN ADDITION TO THESE EVENTS, IN 2022 NAPEO ALSO HOSTED A RISK MANAGEMENT WORKSHOP, A PEO CAPITOL SUMMIT, AND AN ANNUAL CONFERENCE.
-
INDUSTRY MARKETING/ EXTERNAL COMMUNICATIONS: NAPEO'S MARKETING AND COMMUNICATIONS EFFORTS FOCUS ON RAISING THE VISIBILITY OF THE PEO INDUSTRY AMONG THE GENERAL PUBLIC, POLICYMAKERS, AND THE MEDIA, WITH A GOAL OF DOUBLING PUBLIC AWARENESS AND POSITIVE SENTIMENT ABOUT THE INDUSTRY TO DRIVE INCREASED MARKET SHARE FOR PEOS. NAPEO ACCOMPLISHES THIS THROUGH A VARIETY OF TACTICS, INCLUDING MARKET RESEARCH, BRAND/ MESSAGE DEVELOPMENT, ADVERTISING, AND INDUSTRY MARKETING.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kristen ApplemanKRISTEN APPLEMAN
CHAIR
- Total calculated
- $0
- Hours/week
- 6
-
Steve PolitisSTEVE POLITIS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
David FeinbergDAVID FEINBERG
SECRETARY/ TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Bruce CornuttBRUCE CORNUTT
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Alex CamposALEX CAMPOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Abram FinkelsteinABRAM FINKELSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Erica BruneERICA BRUNE
DIRECTOR (BEGIN 09/22)
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer RobinsonJENNIFER ROBINSON
DIRECTOR (THRU 09/2022)
- Total calculated
- $0
- Hours/week
- 2
-
Charlie VanceCHARLIE VANCE
DIRECTOR (THRU 09/2022)
- Total calculated
- $0
- Hours/week
- 2
-
Joe BeersJOE BEERS
DIRECTOR (BEGIN 09/22)
- Total calculated
- $0
- Hours/week
- 2
-
Monica DenlerMONICA DENLER
DIRECTOR (BEGIN 09/22)
- Total calculated
- $0
- Hours/week
- 2
-
Carlos SaladrigasCARLOS SALADRIGAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Geoffrey VandalGEOFFREY VANDAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tara CongerTARA CONGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Wendy KatzWENDY KATZ
DIRECTOR (BEGIN 09/22)
- Total calculated
- $0
- Hours/week
- 2
-
Hank JohnsonHANK JOHNSON
DIRECTOR (BEGIN 09/22)
- Total calculated
- $0
- Hours/week
- 2
-
Andy RamzelANDY RAMZEL
DIRECTOR (THRU 09/2022)
- Total calculated
- $0
- Hours/week
- 2
-
Thad SteeleTHAD STEELE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Vic TanonVIC TANON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Samantha WellingtonSAMANTHA WELLINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Haley CrumHALEY CRUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Britt Landrum IIIBRITT LANDRUM III
DIRECTOR (BEGIN 09/22)
- Total calculated
- $0
- Hours/week
- 2
-
John PolsonJOHN POLSON
DIRECTOR (BEGIN 09/22)
- Total calculated
- $0
- Hours/week
- 2
-
Terry SukalskiTERRY SUKALSKI
DIRECTOR (BEGIN 09/22)
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer RobinsonJENNIFER ROBINSON
DIRECTOR (THRU 09/2022)
- Total calculated
- $0
- Hours/week
- 2
-
Andrea McHenryANDREA MCHENRY
DIRECTOR (BEGIN 09/22)
- Total calculated
- $0
- Hours/week
- 2
-
Celeste JohnsonCELESTE JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ted CrawfordTED CRAWFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Lee YarboroughLEE YARBOROUGH
IMMEDIATE PAST CHAIR (THRU 9/2022)
- Total calculated
- $0
- Hours/week
- 2
-
Christina NelsonCHRISTINA NELSON
DIRECTOR (THRU 09/2022)
- Total calculated
- $0
- Hours/week
- 2
-
Frank FiorelleFRANK FIORELLE
DIRECTOR (THRU 09/2022)
- Total calculated
- $0
- Hours/week
- 2
-
Bill ManessBILL MANESS
DIRECTOR (THRU 09/2022)
- Total calculated
- $0
- Hours/week
- 2
-
Sean McConnellSEAN MCCONNELL
DIRECTOR (THRU 09/2022)
- Total calculated
- $0
- Hours/week
- 2
-
Patrick J ClearyPATRICK J CLEARY
PRESIDENT & CEO
- Total calculated
- $599,791
- From this org
- $556,964
- From related orgs
- $0
- Other
- $42,827
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $442,060
- Bonus
- $111,993
- Other
- $2,911
- Deferred
- $29,700
- Nontaxable benefits
- $13,127
- Filer's total
- $599,791
-
Melissa ViscovichMELISSA VISCOVICH
COO & SVP
- Total calculated
- $270,491
- From this org
- $247,412
- From related orgs
- $0
- Other
- $23,079
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $224,793
- Bonus
- $22,619
- Other
- $0
- Deferred
- $9,952
- Nontaxable benefits
- $13,127
- Filer's total
- $270,491
-
Nicholas KapiotisNICHOLAS KAPIOTIS
GENERAL COUNSEL
- Total calculated
- $229,706
- From this org
- $207,334
- From related orgs
- $0
- Other
- $22,372
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,322
- Bonus
- $21,012
- Other
- $0
- Deferred
- $9,245
- Nontaxable benefits
- $13,127
- Filer's total
- $229,706
-
Thomas StohlerTHOMAS STOHLER
VP OF FED GOVT AFFAIRS
- Total calculated
- $263,839
- From this org
- $242,937
- From related orgs
- $0
- Other
- $20,902
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $220,660
- Bonus
- $22,277
- Other
- $0
- Deferred
- $9,802
- Nontaxable benefits
- $11,100
- Filer's total
- $263,839
-
Nancy BenoudizNANCY BENOUDIZ
DIRECTOR OF SERVICE PARTNE
- Total calculated
- $243,409
- From this org
- $226,292
- From related orgs
- $0
- Other
- $17,117
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $221,292
- Bonus
- $5,000
- Other
- $0
- Deferred
- $7,085
- Nontaxable benefits
- $10,032
- Filer's total
- $243,409
-
Kerry CarruthersKERRY CARRUTHERS
VP OF MARKETING & COMMUN.
- Total calculated
- $210,332
- From this org
- $190,255
- From related orgs
- $0
- Other
- $20,077
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,755
- Bonus
- $18,500
- Other
- $0
- Deferred
- $7,597
- Nontaxable benefits
- $12,480
- Filer's total
- $210,332
-
Michael KreiterMICHAEL KREITER
SR. DIR. OF STATE GVNT AFF
- Total calculated
- $158,532
- From this org
- $141,766
- From related orgs
- $0
- Other
- $16,766
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,766
- Bonus
- $0
- Other
- $0
- Deferred
- $5,666
- Nontaxable benefits
- $11,100
- Filer's total
- $158,532
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
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 1A
- NAPEO PROVIDED SOCIAL CLUB DUES TO PATRICK J. CLEARY IN THE AMOUNT OF $2,911. THIS AMOUNT WAS NOT INCLUDED IN TAXABLE COMPENSATION.
- PART I, LINE 4B
- PATRICK J. CLEARY RECEIVED PAYMENT FROM THE 457 PLAN IN THE AMOUNT OF $17,500 PER THE TERMS OF HIS EMPLOYMENT AGREEMENT.
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
-
$7,500
GALA SPONSORSHIP
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.
-
NAPEO PAC
527 · POLITICAL CAMPAIGN CONTRIBUTIONS · VA · controlled entity
Directly controlled by NATIONAL ASSOCIATION OF PROFESSIONAL EMPLOYER ORGANIZATIONS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343189349306584
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