2025-11-14T09:40:21-06:00 2024-12-31 420714325 RSM US LLP 1001 WATER ST STE 500 TAMPA FL 33602 990 2024-01-01 530114600 NATIONAL ASSOCIATION OF BROADCASTERS NATI 2024295304 1 M STREET SE WASHINGTON DC 20003 TEA GENNARO CFO & EVP OF OPERATIONS 2024295304 2025-11-12 1 1 KRISTEN BARNETT P01234578 8133162300 2025-11-12 2024 2025-03-06 01:10:19Z CURTIS J LEGEYT 1 M STREET SE WASHINGTON DC 20003 125076501 0 X WWW.NAB.ORG X 1927 DE NAB IS THE VOICE FOR THE NATION'S RADIO AND TELEVISION BROADCASTERS. AS THE PREMIER TRADE ASSOCIATION FOR BROADCASTERS, NAB ADVANCES THE INTERESTS OF OUR MEMBERS IN FEDERAL GOVERNMENT, INDUSTRY AND PUBLIC AFFAIRS; IMPROVES THE QUALITY AND PROFITABILITY OF BROADCASTING; ENCOURAGES CONTENT AND TECHNOLOGY INNOVATION; AND SPOTLIGHTS THE IMPORTANT AND UNIQUE WAYS STATIONS SERVE THEIR COMMUNITIES. 61 61 133 64 1814510 0 41884 36300 57322922 60064172 867217 7724696 3832669 3720654 62064692 71545822 668450 605290 0 0 28761563 29515958 0 0 0 39615676 43450392 69045689 73571640 -6980997 -2025818 193268914 207895781 138247918 154168529 55020996 53727252 X NATIONAL ASSOCIATION OF BROADCASTERS (NAB) ADVANCES THE INTEREST OF RADIO AND TELEVISION BROADCASTERS IN FEDERAL GOVERNMENT, INDUSTRY AND PUBLIC AFFAIRS; IMPROVES THE QUALITY OF BROADCASTING, AND ENCOURAGES TECHNOLOGICAL INNOVATION AND PUBLIC SERVICE. 0 0 CONVENTIONS: THE NAB SHOW AND NAB SHOW NY ARE ANNUAL CONVENTIONS BRINGING TOGETHER THE BROADCAST, MEDIA AND ENTERTAINMENT INDUSTRY AND SHOWCASING THE PRODUCTS, TECHNOLOGIES AND SERVICES THAT ENABLE STORYTELLING AT SCALE. THE 2024 NAB SHOW ATTRACTED 1,200+ EXHIBITORS AND OVER 62,000 REGISTERED ATTENDEES. THE 2024 NAB SHOW NEW YORK ATTRACTED 227 EXHIBITORS AND NEARLY 13,000 REGISTERED ATTENDEES. ADVOCACY: THERE ARE MORE THAN 17,000 FULL POWER LOCAL RADIO AND TELEVISION STATIONS IN THE US SERVING THEIR COMMUNITIES THROUGH PUBLIC SERVICE, LOCAL NEWS, ENTERTAINMENT PROGRAMMING AND VITAL COMMUNITY INFORMATION SUCH AS AMBER ALERTS, TRAFFIC INFORMATION, AND SEVERE WEATHER WARNINGS. NAB ADVOCATES BEFORE CONGRESS, THE FEDERAL COMMUNICATIONS COMMISSION (FCC) AND IN THE COURTS. INNOVATION: CREATED IN 2012, PILOT IS A COLLATION OF INNOVATORS, EDUCATORS, AND ADVOCATES DEDICATED TO ADVANCING BROADCAST TECHNOLOGY AND CULTIVATING NEW MEDIA OPPORTUNITIES. PILOT PROPELS BROADCAST TECHNOLOGY INTO THE FUTURE BY PROVIDING A PLATFORM FOR INNOVATION. AN ENGINE FOR INCUBATION. A VENUE FOR TESTING NEW TECHNOLOGIES AND A FORUM FOR BROADCASTER EDUCATION.NAB CONTINUED THE ATSC 3.0 VIRTUAL INTEROPERABILITY EVENT WITH 18 PARTICIPATING COMPANIES TO DEVELOP AND REFINE WORKFLOWS FOR THE NEW TELEVISION STANDARD, AS WELL AS THE NEXTGEN TV CONFORMANCE PROGRAM. NAB ALSO CONTINUED AND EXPANDED THE NEXTGEN TV FELLOWSHIP PROGRAM TO INCLUDE HOWARD UNIVERSITY, UNIVERSITY OF MISSOURI, AND THE UNIVERSITY OF MINNESOTA WITH PLANNED EXPANSION IN 2025. THIS IS AN EFFORT TO EDUCATE A NEW GENERATION OF BROADCAST TECHNOLOGISTS AND INCREASE A NEW GENERATION OF PARTICIPATION IN THE INDUSTRY.NAB CONTINUED THE DEVELOPMENT OF THE BROADCAST POSITIONING SYSTEM (BPS) THAT CAN COMPLEMENT AND AUGMENT GPS SIGNALS. NAB ENTERED INTO A COOPERATIVE RESEARCH AND DEVELOPMENT AGREEMENT (CRADA) WITH THE NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY (NIST) AND LAUNCHED BPS IN THREE MARKETS FOR ADDITIONAL DEVELOPMENT, TESTING AND EVALUATION.NAB'S INNOVATION CHALLENGE FEATURED COMPANIES WITH NEW SOLUTIONS: AN AI-CENTRIC, CLOUD-BASED SOLUTIONS FOR ENHANCING REAL-TIME AUDIO AND VIDEO CONTENT INTEGRITY, A CONTENT WORKFLOW SPECIFIC TO AUDIO SEPARATE AI FOR EDITING, REMASTERING AND COPYRIGHT COMPLIANCE, AND UP CONTENT WORKFLOWS WITH AUDIO SEPARATION AI, AND A SYSTEM FOR BROADCAST ORGANIZATIONS TO CREATE THRIVING ONLINE COMMUNITIES, RICH WITH ACTIONABLE FIRST-PARTY DATA.NAB ALSO CONTINUED AND EXPANDED THE NEXTGEN TV FELLOWSHIP PROGRAM WITH HOWARD UNIVERSITY TO INCLUDE THE UNIVERSITY OF MISSOURI AND THE UNIVERSITY OF MINNESOTA WITH PLANNED EXPANSION IN 2025 CLARK ATLANTA UNIVERSITY. 0 1 1 1 0 0 0 1 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 123 0 1 133 1 1 1 0 0 0 1 1 0 1 0 X 61 61 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TEA GENNARO 2024295304 1 M STREET SE WASHINGTON DC 20003 PERRY SOOK BOARD CHAIRMAN 2.00 X 0 0 0 ALFRED LIGGINS BOARD MEMBER (TO 5/31/24) 2.00 X 0 0 0 ALLEN POWER BOARD MEMBER 2.00 X 0 0 0 AMY LIZ PITTENGER BOARD MEMBER 2.00 X 0 0 0 ANDREW SUTOR BOARD MEMBER 2.00 X 0 0 0 ANDY ALFORD BOARD MEMBER (TO 7/18/24) 2.00 X 0 0 0 BEN DOWNS BOARD MEMBER 2.00 X 0 0 0 BERT MEDINA BOARD MEMBER (TO 5/31/24) 2.00 X 0 0 0 BILL WILSON BOARD MEMBER (TO 5/31/24) 2.00 X 0 0 0 BOB PROFFITT BOARD MEMBER 2.00 X 0 0 0 BYRON ALLEN BOARD MEMBER 2.00 X 0 0 0 CATHERINE BADALAMENTE BOARD MEMBER 2.00 1.00 X 0 0 0 CHRIS CORNELIUS BOARD MEMBER 2.00 X 0 0 0 CHRIS FORGY BOARD MEMBER 2.00 X 0 0 0 CHRIS ORNELAS BOARD MEMBER 2.00 X 0 0 0 CHRIS RIPLEY BOARD MEMBER 2.00 X 0 0 0 COLLIN JONES BOARD MEMBER 2.00 X 0 0 0 CONRAD TRAUTMANN BOARD MEMBER 2.00 X 0 0 0 DAN YORK BOARD MEMBER 2.00 X 0 0 0 DANA WITHERS BOARD MEMBER 2.00 X 0 0 0 DAVE HANNA BOARD MEMBER 2.00 X 0 0 0 DAVID BEVINS BOARD MEMBER 2.00 X 0 0 0 DAVID BRADLEY BOARD MEMBER 2.00 X 0 0 0 DAVID FIELD BOARD MEMBER 2.00 X 0 0 0 DAVID GRIFFIN BOARD MEMBER 2.00 X 0 0 0 DAVE HOXENG BOARD MEMBER 2.00 X 0 0 0 DAVID SANTRELLA BOARD MEMBER 2.00 1.00 X 0 0 0 DEAN LITTLETON BOARD MEMBER 2.00 X 0 0 0 DEB MCDERMOTT BOARD MEMBER 2.00 X 0 0 0 DUJUAN MCCOY BOARD MEMBER 2.00 1.00 X 0 0 0 EDDIE HARRELL BOARD MEMBER 2.00 X 0 0 0 ERIK HELLUM BOARD MEMBER 2.00 X 0 0 0 FELIPE CHAVEZ BOARD MEMBER 2.00 X 0 0 0 FLYNN FOSTER BOARD MEMBER 2.00 X 0 0 0 GREG DAVIS BOARD MEMBER 2.00 X 0 0 0 JEANNE BERGE BOARD MEMBER 2.00 X 0 0 0 JEFF LIBERMAN BOARD MEMBER 2.00 X 0 0 0 JESSICA MARVENTANO BOARD MEMBER 2.00 X 0 0 0 JESUS LARA BOARD MEMBER (TO 12/20/24) 2.00 X 0 0 0 JIMMY GOODMON BOARD MEMBER (TO 5/31/24) 2.00 X 0 0 0 JOEL MCCREA BOARD MEMBER (TO 1/23/24) 2.00 X 0 0 0 JOHN ZIMMER BOARD MEMBER (TO 5/31/24) 2.00 X 0 0 0 JULIE KOEHN BOARD MEMBER 2.00 1.00 X 0 0 0 JUSTIN CHASE JASON MONTEITH LEGAL BOARD MEMBER (TO 5/31/24) 2.00 X 0 0 0 KEITH MURPHY BOARD MEMBER 2.00 X 0 0 0 KENNETH FORTE BOARD MEMBER 2.00 X 0 0 0 KEVIN PERRY BOARD MEMBER 2.00 1.00 X 0 0 0 KRIS JONES BOARD MEMBER 2.00 X 0 0 0 LEONARD WHEELER BOARD MEMBER 2.00 X 0 0 0 LYNN BEALL BOARD MEMBER 2.00 1.00 X 0 0 0 MARY MENNA BOARD MEMBER 2.00 X 0 0 0 MATT MNICH BOARD MEMBER 2.00 X 0 0 0 MICHAEL BIARD BOARD MEMBER 2.00 X 0 0 0 MIKE TARTER BOARD MEMBER (TO 12/20/24) 2.00 X 0 0 0 MIKE HULVEY BOARD MEMBER (TO 4/2/24) 2.00 X 0 0 0 NIC ANDERSON BOARD MEMBER 2.00 X 0 0 0 NICK MARTIN BOARD MEMBER 2.00 X 0 0 0 NICK RADZIUL BOARD MEMBER 2.00 X 0 0 0 PAM TEAGUE BOARD MEMBER 2.00 X 0 0 0 PAT LAPLATNEY BOARD MEMBER 2.00 X 0 0 0 PETE BENEDETTI BOARD MEMBER (TO 5/31/24) 2.00 X 0 0 0 PHIL TAHTAKRAN BOARD MEMBER 2.00 X 0 0 0 PILAR RAMOS BOARD MEMBER 2.00 X 0 0 0 RAMONA ALEXANDER BOARD MEMBER 2.00 X 0 0 0 ROB BABIN BOARD MEMBER 2.00 X 0 0 0 ROB HUBBARD BOARD MEMBER 2.00 X 0 0 0 STEVE HARO BOARD MEMBER (TO 5/31/24) 2.00 X 0 0 0 SUSAN FOX BOARD MEMBER 2.00 X 0 0 0 TANYA VEA BOARD MEMBER 2.00 X 0 0 0 TERY GARRAS BOARD MEMBER 2.00 X 0 0 0 TIM SWIFT BOARD MEMBER 2.00 X 0 0 0 LARRY PATRICK BOARD MEMBER 2.00 X 0 0 0 WILL PAYNE BOARD MEMBER 2.00 X 0 0 0 CURTIS LEGEYT PRESIDENT & CHIEF EXECUTIVE OFFICER 57.00 3.00 X 2923659 0 44587 TEA GENNARO CFO & EVP OF OPERATIONS 57.00 3.00 X 530583 0 50415 IRETA DUKE CHIEF IMPACT OFFICER 12.06 42.94 X 79211 281979 22816 APRIL CARTY-SIPP EVP, INDUSTRY AFFAIRS 55.00 X 596389 0 45527 CHRISTOPHER A BROWN MAN. DIR. & EVP (TO 3/31/24) 55.00 X 187927 0 14930 KAREN CHUPKA MAN. DIR. & EVP, GLOBAL CONNECTIONS 55.00 X 611780 0 23244 RICHARD KAPLAN CLO & EVP, LEGAL & REG. AFFAIRS 57.00 3.00 X 1349779 0 46723 LYNN D CLAUDY SVP, TECHNOLOGY 55.00 X 433296 0 38391 SHAWN R DONILON EVP, GOV. RELATIONS 55.00 X 688204 0 16612 CARA MICHELLE SEMONE LEHMAN CHIEF OF STAFF & EVP, PUBLIC AFFAIRS 55.00 X 813137 0 20509 ROBERT MATHENY CTO & EVP, TECHNOLOGY 55.00 X 602963 0 36124 JOHN P SMEDILE SVP, GOV. RELATIONS 55.00 X 451454 0 11614 9268382 281979 371492 76 0 1 0 FREEMAN DECORATING COMPANY 1600 VICEROY DRIVE SUITE 100 DALLAS TX 75235 EVENT OPERATIONS 5637874 LAS VEGAS CONVENTION CENTER 3150 PARADISE ROAD LAS VEGAS NV 89109 MARKETING SERVICES 2293005 GORDON H SMITH 1101 SKYLINE DRIVE PENDLETON OR 97801 CONSULTING 2177237 MARKETING DESIGN GROUP 1818 N STREET NW SUITE 300 WASHINGTON DC 20036 MARKETING SERVICES 1825616 LATHAM & WATKINGS LLP PO BOX 894256 SUITE 2000 LOS ANGELES CA 90189 PROFESSIONAL SERVICES 1000748 56 36300 36300 NAB SHOW REVENUE 900099 37050242 35118269 221804 1710169 MEMBERSHIP DUES 900099 20110940 20110940 NAB SHOW NY REVENUE 900099 2506456 2189277 317179 SEMINARS 900099 396534 302489 94045 60064172 1622171 1622171 225212 225212 2484586 0 2484586 2484586 1592706 891880 59633204 53380313 150366 6252891 -150366 6102525 6102525 OTHER REVENUE 900099 1010856 1010856 1010856 71545822 57720975 1814510 11974037 X 605290 6509747 19438270 805748 1303959 1458234 624479 1135870 75448 3302333 73078 7634924 90866 1749254 514456 2157595 1259605 13335819 3791636 4828441 416512 SUBSCRIPTIONS & PERIOD. 1054261 BANK & CREDIT CARD FEES 612574 TAXES 296523 MEMBERSHIP DUES 217788 278930 73571640 1069571 1013845 2884081 2823951 1800835 1330626 103496537 17829610 88491595 85666927 62480178 58695139 31293337 52691798 2944541 2473414 2304776 3200081 193268914 207895781 2202963 2320149 23454557 24453576 31293338 52691798 80711271 73950148 585789 752858 138247918 154168529 X 55020996 53727252 55020996 53727252 193268914 207895781 X -2025818 346631 -6121 391564 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81919 81919 0 NAB POLITICAL ACTION COMMITTEE 1 M ST SE WASHINGTON DC 20003 521218303 81919 0 0 0 1 20110940 11920000 -2403589 9516411 11865455 -2349044 PART I-A, LINE 1: NABPAC IS A FEDERAL POLITICAL ACTION COMMITTEE FOR THE NAB, SUPPORTING THE ELECTION OF CANDIDATES FOR POLITICAL OFFICE WHO CHAMPION BROADCAST ISSUES, MONITORING REGULATIONS AND PROVIDING EXPERT KNOWLEDGE OF FEDERAL POLICY. FORM 990, SCHEDULE C, PART III-B: NAB CONDUCTS POLITICAL ACTIVITIES SOLELY THROUGH ITS CONNECTED FEDERAL PAC, THE NAB POLITICAL ACTION COMMITTEE. 0 1 X 12525222 12525222 62535224 7616469 54918755 4282836 1607016 2675820 9297083 6118716 3178367 14856172 2487409 12368763 85666927 INVESTMENT - CRB 52691798 C 52691798 CAPITAL LEASE LIABILITY 100713 DEFERRED RENT 652145 752858 X 76459089 346631 4489348 4835979 71623110 73078 -150366 -77288 71545822 77441167 3942605 3942605 73498562 73078 73078 73571640 PART IV, LINE 2B: NAB IS THE CUSTODIAN OF FUNDS TO BE DIRECTED TO PARTICIPATING STATIONS FROM THE U.S. COPYRIGHT OFFICE. PART X, LINE 2: UNDER THE PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (THE CODE), NAB HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM INCOME TAXES, EXCEPT FOR TAXES ON UNRELATED BUSINESS INCOME, AS A NONPROFIT TRADE ASSOCIATION. THE AMOUNT OF UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, WAS IMMATERIAL, AND NO PROVISION FOR SUCH LIABILITY HAS BEEN MADE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. 1M PROPERTIES LLC IS A SINGLE-MEMBER LLC AND, AS A DISREGARDED ENTITY, IS NOT CONSIDERED SEPARATE FROM THE NAB FOR TAX PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: NABLF REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 3,444,110. NABPAC REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 1,293,532. ELIMINATION ENTRIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS -639,858. PENSION ADJUSTMENT 391,564. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF LOSS ON DISPOSAL OF FIXED ASSETS -150,366. PART XII, LINE 2D - OTHER ADJUSTMENTS: NABLF EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 3,043,447. NABPAC EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 1,388,650. ELIMINATION ENTRIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS -639,858. RECLASS OF LOSS ON DISPOSAL OF FIXED ASSETS 150,366. 1 NATIONAL ASSOCIATION OF BROADCASTERS LEADERSHIP FOUNDATION 1 M STREET SE WASHINGTON DC 20003 521866840 501(C)(3) 250000 0 GENERAL SUPPORT BROADCAST EDUCATION ASSOCIATION 1 M STREET SE WASHINGTON DC 20003 526057288 501(C)(3) 45000 0 GENERAL SUPPORT CONGRESSIONAL HISPANIC CAUCUS INSTITUTE 1128 16TH STREET NW WASHINGTON DC 20036 521114225 501(C)(3) 35000 0 GENERAL SUPPORT CAPITOL COUNSEL LLC 700 13TH STREET NW WASHINGTON DC 20005 208043889 32200 0 GENERAL SUPPORT ASIAN PACIFIC AMERICAN INSTITUTE FOR CONGRESSIONAL STUDIES 1001 CONNECTICUT AVE NW SUITE 320 WASHINGTON DC 20036 521917903 501(C)(3) 30000 0 GENERAL SUPPORT BROADCASTERS FOUNDATION OF AMERICA 125 WEST 55TH STREET 3RD FLOOR NEW YORK NY 10019 131975618 501(C)(3) 25500 0 GENERAL SUPPORT BMI MUSIC INC 10 MUSIC SQUARE EAST NASHVILLE TN 37202 130524209 25000 0 GENERAL SUPPORT FAITH & POLITICS INSTITUTE 110 MARYLAND AVE S 504 WASHINGTON DC 20002 521759052 501(C)(3) 25000 0 GENERAL SUPPORT NATIONAL URBAN LEAGUE INC 80 PINE STREET 9TH FLOOR NEW YORK NY 10005 131840489 501(C)(3) 25000 0 GENERAL SUPPORT FEDERAL COMMUNICATIONS BAR ASSOCIATION FOUNDATION 1020 19TH STREET NW WASHINGTON DC 20036 510334407 501(C)(3) 19590 0 GENERAL SUPPORT THE MEDIA INSTITUTE 2300 CLARENDON BLVD SUITE 602 ARLINGTON VA 22201 521061431 501(C)(3) 15750 0 GENERAL SUPPORT CONGRESSIONAL HISPANIC LEADERSHIP INSTITUTE 700 PENNSYLVANIA AVE SE WASHINGTON DC 20003 200392012 501(C)(3) 15000 0 GENERAL SUPPORT CONGRESSIONAL BLACK CAUCUS FOUNDATION 1720 MASSCHUSETTS AVE NW WASHINGTON DC 20036 521160561 501(C)(3) 14000 0 GENERAL SUPPORT LIBRARY OF AMERICAN BROADCASTING FOUNDATION 6913 MAPLE AVENUE CHEVY CHASE MD 20815 132622843 501(C)(3) 12750 0 GENERAL SUPPORT MULTICULTURAL MEDIA TELECOM AND INTERNET COUNCIL 1919 PENNSYLVANIA AVE NW SUITE 725 WASHINGTON DC 20006 521880677 501(C)(3) 10000 0 GENERAL SUPPORT NALEO EDUCATIONAL FUND 600 PENNSYLVANIA AVE SE STE 480 WASHINGTON DC 20003 521212849 501(C)(3) 10000 0 GENERAL SUPPORT NATIONAL ASSOCIATION OF BLACK OWNED BROADCASTERS 1250 CONNECTICUT AVE NW WASHINGTON DC 20036 630773764 501(C)(6) 10000 0 GENERAL SUPPORT RESILIENT NAVIGATION & TIMING FOUNDATION 4558 SHETLAND GREEN ROAD ALEXANDRIA VA 22312 463524074 501(C)(3) 5500 0 GENERAL SUPPORT 15 3 PART I, LINE 2: NAB MONITORS THE USE OF GRANT FUNDS ON A MONTHLY BASIS THORUGH ACCOUNTING OVERSIGHT AND ROUTINE PROGRAM ACTIVITY REVIEW. IN ADDITION, NAB MAINTAINS A CONSISTENT PRESENCE WITH OTHER ORGANIZATIONS IT SUPPORTS FINANCIALLY VIA ATTENDANCE AT ORGANIZATION EVENTS, JOINT ADVOCACY EFFORTS, ADVISORY MEETINGS, ETC. X X 1 1 X X X X 0 0 0 CURTIS LEGEYT PRESIDENT & CHIEF EXECUTIVE OFFICER 2490027 0 425000 0 8632 0 11500 0 33087 0 2968246 0 0 0 RICHARD KAPLAN CLO & EVP, LEGAL & REG. AFFAIRS 1186890 0 160000 0 2889 0 10500 0 36223 0 1396502 0 0 0 CARA MICHELLE SEMONE LEHMAN CHIEF OF STAFF & EVP, PUBLIC AFFAIRS 744285 0 67500 0 1352 0 11500 0 9009 0 833646 0 0 0 SHAWN R DONILON EVP, GOV. RELATIONS 545000 0 142500 0 704 0 11498 0 5114 0 704816 0 0 0 APRIL CARTY-SIPP EVP, INDUSTRY AFFAIRS 487940 0 106250 0 2199 0 10354 0 35173 0 641916 0 0 0 ROBERT MATHENY CTO & EVP, TECHNOLOGY 515865 0 84000 0 3098 0 10500 0 25624 0 639087 0 0 0 KAREN CHUPKA MAN. DIR. & EVP, GLOBAL CONNECTIONS 496571 0 112500 0 2709 0 11500 0 11744 0 635024 0 0 0 TEA GENNARO CFO & EVP OF OPERATIONS 458703 0 71250 0 630 0 11499 0 38916 0 580998 0 0 0 LYNN D CLAUDY SVP, TECHNOLOGY 387760 0 28000 0 17536 0 11500 0 26891 0 471687 0 0 0 JOHN P SMEDILE SVP, GOV. RELATIONS 375000 0 75000 0 1454 0 11500 0 114 0 463068 0 0 0 IRETA DUKE CHIEF IMPACT OFFICER 73246 260745 5483 19517 482 1717 2284 8133 2719 9680 84214 299792 0 0 CHRISTOPHER A BROWN MAN. DIR. & EVP (TO 3/31/24) 185331 0 0 0 2596 0 6982 0 7948 0 202857 0 0 0 PART I, LINE 1A TRAVEL FOR THE PRESIDENT'S SPOUSE WAS PAID AND PROPERLY REPORTED ON HIS W-2 IN ACCORDANCE WITH NAB'S SPOUSAL TRAVEL POLICY. FIRST CLASS TRAVEL WAS PROVIDED FOR CURTIS LEGEYT, PRESIDENT & CEO, AND HIS SPOUSE FOR FLIGHTS OVER 2 HOURS. THE SPOUSE TRAVEL PORTION IS INCLUDED AS TAXABLE COMPENSATION, AND IS PROPERLY REPORTED ON HIS W-2 IN ACCORDANCE WITH NAB'S TRAVEL POLICY. PART I, LINE 3 THE CEO'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE AFTER A REVIEW OF THE CEO'S ACTIVITIES AND ACCOMPLISHMENTS. THERE IS DISCUSSION AND DELIBERATION, AND THE PARTIES ARE PROVIDED WITH COMPARABLE DATA, AS AVAILABLE. THE DETERMINATION IS PROVIDED TO THE CFO FOR IMPLEMENTATION. FORM 990, PART VI, SECTION A, LINE 6 NAB IS A MEMBERSHIP ORGANIZATION FOR THE BROADCASTING INDUSTRY WITH TWO CLASSES OF MEMBERS: ACTIVE (RADIO AND TELEVISION) AND ASSOCIATE. FORM 990, PART VI, SECTION A, LINE 7A NAB HAS A RADIO BOARD AND TELEVISION BOARD. THE RADIO BOARD MAY HAVE NO MORE THAN 35 DIRECTORS, TEN OF WHOM ARE APPOINTED BY THE BOARD AND THE REMAINDER OF WHOM ARE ELECTED FROM EACH RADIO DISTRICT BY BALLOT. THE TELEVISION BOARD MAY HAVE NO MORE THAN 26 DIRECTORS. TWELVE SEATS ARE ELECTED BY MEMBERSHIP, FOURTEEN SEATS ARE APPOINTED BY THE TELEVISION EXECUTIVE COMMITTEE WHICH INCLUDES UP TO SIX TELEVISION NETWORK SEATS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED AND REVIEWED BY THE FINANCE DEPARTMENT AND REVIEWED BY THE CFO, CONTROLLER, AND AUDIT COMMITTEE. THE FORM 990 IS ALSO MADE AVAILABLE TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C UPON AN UPDATED EMPLOYEE MANUAL, NAB STAFF REVIEW AND SIGN A CONFLICT OF INTEREST/BUSINESS ETHICS POLICY THAT PROVIDES GUIDANCE ON AVOIDING CONFLICTS OF INTEREST AND UNDUE INFLUENCE, AS WELL AS SPELLING OUT LIMITATIONS ON THE ACCEPTANCE OF GIFTS. CORPORATE COUNSEL PROVIDES REPORTS TO THE CEO AND CFO ON ANY KNOWN CONFLICTS OF INTEREST, AND ALSO ADDRESSES STAFF INQUIRIES REGARDING CONFLICTS OF INTEREST. ANY CONFLICTS NOT RESOLVED ARE BROUGHT TO THE ATTENTION OF THE AUDIT COMMITTEE AND/OR EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE AFTER A REVIEW OF THE CEO'S ACTIVITIES AND ACCOMPLISHMENTS. THERE IS DISCUSSION AND DELIBERATION, AND THE PARTIES ARE PROVIDED WITH COMPARABLE DATA, AS AVAILABLE. THE DETERMINATION IS PROVIDED TO THE CHIEF FINANCIAL OFFICER FOR IMPLEMENTATION. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE COMPENSATION COMMITTEE AFTER A REVIEW OF THE ACTIVITIES AND ACCOMPLISHMENTS OF THE OFFICERS AND KEY EMPLOYEES FOR THE YEAR. THERE IS A DISCUSSION AND DELIBERATION, AND THE PARTIES ARE PROVIDED WITH COMPARABLE DATA, AS AVAILABLE. THE DETERMINATION IS PROVIDED TO THE CHIEF FINANCIAL OFFICER FOR IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 19 NAB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC EXCEPT AT ITS DISCRETION ON A CASE BY CASE BASIS, AND ONLY FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES 7,634,924. FORM 990, PART XI, LINE 9: PENSION ADJUSTMENT 391,564. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. 1M PROPERTIES LLC 1 M STREET SE WASHINGTON DC 20003 834546607 LAND PURCHASE & NEW BUILDING CONSTRUCTION DC 7484588 87244188 NATIONAL ASSOCIATION OF BROADCASTERS NATIONAL ASSOCIATION OF BROADCASTERS LEADERSHIP FOUNDATION 1 M STREET SE WASHINGTON DC 20003 521866840 EDUCATION DC 501(C)(3) LINE 10 NATIONAL ASSOCIATION OF BROADCASTERS 1 NATIONAL ASSOCIATION OF BROADCASTERS POLITICAL ACTION COMMITTEE 1 M STREET SE WASHINGTON DC 20003 521218303 POLITICAL ACTION COMMITTEE DC 527 NATIONAL ASSOCIATION OF BROADCASTERS 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 NATIONAL ASSOCIATION OF BROADCASTERS LEADERSHIP FOUNDATION B 250000 CASH NATIONAL ASSOCIATION OF BROADCASTERS LEADERSHIP FOUNDATION N 67369 COST ALLOCATION NATIONAL ASSOCIATION OF BROADCASTERS POLITICAL ACTION COMMITTEE O 311288 COST BASIS NATIONAL ASSOCIATION OF BROADCASTERS LEADERSHIP FOUNDATION O 362488 COST BASIS NATIONAL ASSOCIATION OF BROADCASTERS LEADERSHIP FOUNDATION Q 1211772 COST BASIS