2024-03-14T12:46:33-05:00 2023-12-31 541631262 KEITER STEPHENS HURST GARY & SHREAVES 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2023-01-01 540354670 RETAIL MERCHANTS ASSOCIATION RETA 8046625500 5101 MONUMENT AVENUE RICHMOND VA 23230 NANCY THOMAS PRESIDENT/CEO 8046625500 2024-03-05 1 NANCY THOMAS XXX-XX-XXXX 1 JAYME MIKA P00852731 8047470000 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z NANCY THOMAS 5101 MONUMENT AVENUE RICHMOND VA 23230 2147870 0 X WWW.RETAILMERCHANTS.COM X 1906 VA TO ENCOURAGE, STIMULATE, EXTEND, AND PROMOTE ALL LOCALLY OWNED INDEPENDENT BUSINESSES IN CENTRAL VIRGINIA. 20 19 6 22 0 0 0 114240 125237 121400 -4304523 1896569 3785 15661 -4175501 2147870 0 0 0 0 546468 575198 0 0 0 489341 614508 1035809 1189706 -5211310 958164 20537693 22106536 182623 153126 20355070 21953410 TO ENCOURAGE, STIMULATE, EXTEND, AND PROMOTE ALL LOCALLY OWNED INDEPENDENT BUSINESSES IN CENTRAL VIRGINIA. 0 0 PROMOTED THE RETAIL INDUSTRY IN THE CENTRAL VIRGINIA AREA THROUGH REPRESENTATION BEFORE LOCAL AND STATE GOVERNMENT ON BEHALF OF RETAIL AND SERVICE BUSINESS ISSUES, EDUCATIONAL PROGRAMS FOR MEMBERS AND THEIR EMPLOYEES, DEVELOPMENT OF SERVICES TO ASSIST MEMBERS, 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 2 0 1 6 1 0 0 0 0 0 0 0 0 X 20 19 0 0 1 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 JOLINDA ANDERSON DIRECTOR 2.00 X 0 0 0 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 MEG GOULDIN DIRECTOR 2.00 X 0 0 0 PATRICK HEANEY DIRECTOR 2.00 X 0 0 0 LESTER JOHNSON 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 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 DOROTHY BRODERSEN DIRECTOR 2.00 X 0 0 0 JOSEPH KELLEHER DIRECTOR 2.00 X 0 0 0 SARAH PAXTON DIRECTOR 2.00 X 0 0 0 STEPHEN STORY IMMEDIATE PAST CHAIR 2.00 X 0 0 0 SCOTT ARONSON CHAIR 5.00 X X 0 0 0 KEVIN REARDON VICE CHAIR 2.00 X X 0 0 0 NANCY THOMAS PRESIDENT/CEO 40.00 X 174324 0 31937 KATHY ROBBINS SECRETARY/TREASURER 40.00 X 67911 0 4368 DIANA MCMAHON VICE PRESIDENT 40.00 X 74219 0 11194 316454 0 47499 1 0 1 0 0 111201 3039 114240 ADMINISTRATION FEES 541900 80000 80000 MEMBERSHIP DUES 541900 41400 41400 121400 578379 578379 1315114 3076 0 0 1315114 3076 1318190 1318190 OTHER REVENUE 900099 15661 15661 15661 2147870 137061 0 1896569 363954 138002 40011 33231 42066 25000 71307 1930 243274 4213 64688 3987 13353 38715 10331 SERVICE CONTRACTS 68099 PUBLIC RELATIONS 9091 TAXES AND LICENSES 7360 STAFF DEVELOPMENT 5648 5446 1189706 187604 198001 2050 13855 27819 12424 440745 364449 106820 76296 19896568 21551443 143925 80370 172907 174147 20537693 22106536 39530 71950 143093 81176 182623 153126 X 20355070 21953410 20355070 21953410 20537693 22106536 X 958164 686351 -46175 X 1 X 0 0 0 25000 0 0 0 41400 PART I-A, LINE 1 INDIRECT AND DIRECT SUPPORT OF PUBLIC CANDIDATES FOR ELECTIVE OFFICES. 2000 1056 944 296245 220893 75352 142500 142500 0 76296 MUTUAL FUNDS 20989750 F HEDGE FUND 71679 F MERCHANT SERVICES, INC. 490014 F 21551443 LEASE LIABILITY 81176 81176 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, 2023 AND 2022. THE ASSOCIATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. X 0 0 0 NANCY THOMAS PRESIDENT/CEO 174324 0 0 0 0 0 30000 0 1937 0 206261 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 A, LINE 4 THE ARTICLES OF INCORPORATION WERE AMENDED AND RESTATED TO REFLECT AN UPDATE ON HOW THE CORPORATION UPON DISSOLUTION WOULD APPLY AND DISTRIBUTE ITS ASSETS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE WHICH CONSISTS OF MEMBERS OF THE BOARD WILL REVIEW A DRAFT OF THE 990 ON BEHALF OF THE BOARD. THE TAX RETURN IS ALSO REVIEWED BY THE PRESIDENT AND TREASUER 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 -46,175. 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 9523 11604 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0