2023-02-22T20:56:07-06:00 2022-12-31 541631262 KEITER STEPHENS HURST GARY & SHREAVES 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2022-01-01 540354670 RETAIL MERCHANTS ASSOCIATION RETA 8046625500 5101 MONUMENT AVENUE RICHMOND VA 23230 NANCY THOMAS PRESIDENT/CEO 8046625500 2023-02-20 1 NANCY THOMAS XXX-XX-XXXX 0 JAYME MIKA P00852731 8047470000 2 AAL1 IAL1 2022 2023-03-07 01:45:13Z NANCY THOMAS 5101 MONUMENT AVENUE RICHMOND VA 23230 584307 0 X WWW.RETAILMERCHANTS.COM X 1906 VA TO ENCOURAGE, STIMULATE, EXTEND & PROMOTE THE BUSINESS OF RETAIL MERCHANTS IN THE RICHMOND AREA. 25 22 7 19 0 0 215378 0 108558 125237 3196591 -4304523 210504 3785 3731031 -4175501 0 0 0 0 632369 546468 0 0 0 634537 489341 1266906 1035809 2464125 -5211310 25337771 20537693 119493 182623 25218278 20355070 TO ENCOURAGE, STIMULATE, EXTEND AND PROMOTE THE BUSINESS OF RETAIL MERCHANTS IN THE RICHMOND TRADING AREA. 0 0 PROMOTED THE RETAIL INDUSTRY IN THE CENTRAL VIRGINIA AREA THROUGH REPRESENTATION BEFORE LOCAL AND STATE GOVERNMENT ON BEHALF OF RETAIL ISSUES, EDUCATIONAL PROGRAMS FOR RETAILERS AND THEIR EMPLOYEES, DEVELOPMENT OF SERVICES TO ASSIST RETAILERS, AND PROVIDING NETWORKING OPPORTUNITIES. 0 0 1 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 6 0 1 7 1 0 0 0 0 0 0 0 0 X 25 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X X THE CORPORATION 8046625500 5101 MONUMENT AVENUE RICHMOND VA 23230 MELISSA BALL DIRECTOR 2.00 X 0 0 0 CATHERINE CARY DIRECTOR 2.00 X 0 0 0 L PAGE EWELL DIRECTOR 2.00 X 0 0 0 RUDY GARCIA DIRECTOR 2.00 X 0 0 0 MEG GOULDIN DIRECTOR 2.00 X 0 0 0 PATRICK HEANEY DIRECTOR 2.00 X 0 0 0 LISA MCSHERRY DIRECTOR 2.00 X 0 0 0 AARON MONTGOMERY DIRECTOR 2.00 X 0 0 0 SARAH NICHOLAS DIRECTOR 2.00 X 0 0 0 SARAH PAXTON DIRECTOR 2.00 X 0 0 0 STEVE ROSSER DIRECTOR 2.00 X 0 0 0 MICHAEL SIEWERS DIRECTOR 2.00 X 0 0 0 DUNCAN THOMAS DIRECTOR 2.00 X 0 0 0 KENNETH WAYLAND DIRECTOR 2.00 X 0 0 0 STEVE BARNETT DIRECTOR 2.00 X 0 0 0 DOROTHY BRODERSEN DIRECTOR 2.00 X 0 0 0 STEPHEN STORY DIRECTOR 2.00 X 0 0 0 WILLIAM GOULDIN DIRECTOR 2.00 X 0 0 0 TOM JEFFERSON DIRECTOR 2.00 X 0 0 0 JOSEPH KELLEHER DIRECTOR 2.00 X 0 0 0 ROBERT UKROP DIRECTOR 2.00 X 0 0 0 KEVIN REARDON VICE CHAIR 2.00 X X 0 0 0 SCOTT ARONSON CHAIR 5.00 X X 0 0 0 NANCY THOMAS PRESIDENT/CEO 40.00 X 162354 0 31524 KATHY ROBBINS SECRETARY/TREASURER 40.00 X 66207 0 4021 DIANA MCMAHON VICE PRESIDENT 40.00 X 73053 0 11019 301614 0 46564 1 0 1 0 0 COMMISSIONS REVENUE 541900 98000 98000 MEMBERSHIP DUES 541900 27237 27237 125237 455285 455285 4755747 4061 -4755747 -4061 -4759808 -4759808 OTHER REVENUE 900099 3785 3785 3785 -4175501 129022 0 -4304523 348179 126976 40126 31187 17030 25000 76141 1796 159642 774 65581 2488 1731 34662 9509 SERVICE CONTRACTS 61339 TAXES AND LICENSES 8079 TELEPHONE 6833 PUBLIC RELATIONS 6390 12346 1035809 345171 187604 69814 2050 14225 27819 435864 329044 97638 106820 24571692 19896568 143925 239231 172907 25337771 20537693 119493 39530 0 143093 119493 182623 X 25218278 20355070 25218278 20355070 25337771 20537693 X -5211310 403055 -54953 X 1 X 0 0 0 25000 1 0 0 0 27237 PART I-A, LINE 1 INDIRECT AND DIRECT SUPPORT OF PUBLIC CANDIDATES FOR ELECTIVE OFFICES. 2000 2000 291364 186544 104820 142500 142500 0 106820 MUTUAL FUNDS 19311063 F HEDGE FUND 95491 F MERCHANT SERVICES, INC. 490014 F 19896568 LEASE LIABILITY 143093 143093 X PART X, LINE 2: DEFERRED TAXES ARE PROVIDED ON A LIABILITY METHOD WHEREBY DEFERRED TAX ASSETS ARE RECOGNIZED FOR DEDUCTIBLE TEMPORARY DIFFERENCES AND OPERATING LOSS AND TAX CREDIT CARRY FORWARDS AND DEFERRED TAX LIABILITIES ARE RECOGNIZED FOR TAXABLE TEMPORARY DIFFERENCES. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE WHEN, IN THE OPINION OF MANAGEMENT, IT IS MORE-LIKELY-THAN-NOT THAT SOME PORTION OR ALL OF THE DEFERRED TAX ASSETS WILL NOT BE REALIZED. MANAGEMENT HAS EVALUATED THE EFFECT OF GUIDANCE SURROUNDING UNCERTAIN INCOME TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAS NO SIGNIFICANT FINANCIAL STATEMENT EXPOSURE TO UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2022 AND 2021. THE ASSOCIATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. X 0 0 0 NANCY THOMAS PRESIDENT/CEO 162354 0 0 0 0 0 27000 0 4524 0 193878 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND ISSUES AUTHORIZATION FOR COMPENSATION FOR THE PRESIDENT/CEO. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS NOTIFIED WHEN THEY CAN REVIEW A DRAFT OF THE 990. THE TAX RETURN IS ALSO REVIEWED BY THE PRESIDENT AND TREASURER BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THIS IS DONE ON A PER VOTE BASIS. AFTER A MOTION IS SECONDED, ANYONE WITH A CONFLICT OF INTEREST ON THE MOTION IS REQUESTED TO LEAVE THE ROOM BEFORE THE DISCUSSION STARTS. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS DONE BY THE BOARD (FOR THE PRESIDENT) AND BY THE PRESIDENT FOR OTHER KEY EMPLOYEES/STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BOOK/TAX DIFFERENCES - LOSS ON INVESTMENT -54,953. RETAIL ADVANCEMENT FUND 5101 MONUMENT AVENUE RICHMOND VA 23230 843933913 SUPPORT AND EXPAND RMA CHARITABLE ACTIVITIES VA 501(C)(3) LINE 7 RETAIL MERCHANTS ASSOCIATION 0 MERCHANTS' SERVICES LLC 5101 MONUMENT AVENUE RICHMOND VA 23230 541782825 MISCELLANEOUS SERVICES VA N/A C 10698 14240 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0