2025-11-13T18:16:49-06:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 521072179 SOLAR ENERGY INDUSTRIES ASSOCIATION SOLA 2026820556 1425 K ST NW WASHINGTON DC 20005 ABIGAIL HOPPER PRESIDENT & CEO 2026820556 2025-11-13 1 0 ELIZABETH W HELLER P00397829 3019519090 2024 2025-03-06 01:10:19Z ABIGAIL HOPPER 1425 K ST NW WASHINGTON DC 20005 40646135 0 X WWW.SEIA.ORG X 1974 DC SEE PART III, LINE I. 65 64 118 101 72077 0 0 0 32785535 36616973 640138 952535 161486 42181 33587159 37611689 0 0 0 0 13077510 16370691 0 0 0 13531339 19745510 26608849 36116201 6978310 1495488 38951428 38817827 19869681 17323435 19081747 21494392 X SEIA IS THE DRIVING FORCE BEHIND SOLAR ENERGY AND STORAGE, BUILDING A STRONGER SOLAR INDUSTRY TO POWER AMERICA THROUGH ADVOCACY AND EDUCATION. REPRESENTING ORGANIZATIONS THAT PROMOTE, MANUFACTURE, INSTALL AND SUPPORT THE DEVELOPMENT OF SOLAR ENERGY, SEIA WORKS WITH MEMBER COMPANIES TO BUILD JOBS TO CHAMPION SOLAR USE AND REMOVE MARKET BARRIERS. 0 0 FEDERAL AFFAIRS: IN THE MIDST OF AN ELECTION YEAR, SEIA'S FEDERAL ADVOCACY AND POLICY WORK IN 2024 WAS FOCUSED ON CONTINUED IMPLEMENTATION OF THE INFLATION REDUCTION ACT AND EDUCATION AND RELATIONSHIP BUILDING WITH ELECTED OFFICIALS TO HIGHLIGHT THE ECONOMIC IMPACT OF CLEAN ENERGY DEVELOPMENT. OTHER INITIATIVES INCLUDED ADVOCACY SURROUNDING FEDERAL PERMITTING REFORM LEGISLATION, DEVELOPMENT OF CLEAN ENERGY PROJECTS ON PUBLIC LANDS, INTERCONNECTION AND TRANSMISSION REFORM, AND LEGAL AND POLICY ADVOCACY ON ANTI-DUMPING AND COUNTERVAILING DUTIES (AD/CVD) CASES AND OTHER TRADE ACTIONS IMPACTING THE SOLAR AND STORAGE INDUSTRIES. THE ASSOCIATION ALSO EXPANDED AND STRENGTHENED ITS INTERNAL FEDERAL POLICY STRUCTURE, INCLUDING THE CREATION OF A POLICY ANALYSIS DEPARTMENT AND ELEVATION OF EXECUTIVE POSITIONS ON REGULATORY AFFAIRS AND OTHER FUNCTIONS. STATE AFFAIRS: SEIA'S STATE-LEVEL ADVOCACY AND POLICY ENGAGEMENT RESULTED IN A VARIETY OF CRITICAL ACHIEVEMENTS IN 2024 INCLUDING PASSAGE OF THE BRIGHTER TOMORROW ACT IN MARYLAND, COMMUNITY SOLAR AND GRID MODERNIZATION LEGISLATION IN COLORADO, LEGISLATION STRENGTHENING SHARED SOLAR IN VIRGINIA, AND A LANDMARK CLIMATE BILL IN MASSACHUSETTS. IN ADDITION, SEIA'S OVERALL STATE POLICY ENGAGEMENT CONTINUED ON CRITICAL RATE DESIGN ISSUES AND REGULATORY DOCKETS IN CALIFORNIA, CONSUMER PROTECTION LEGISLATION IN A VARIETY OF STATES, AND PREPARATIONS FOR A BUSY LEGISLATIVE CALENDAR ACROSS MANY PRIORITY STATES IN 2025. PUBLIC AFFAIRS: SEIA AND THE SOLAR AND STORAGE INDUSTRY EXPERIENCED A VARIETY OF MILESTONES IN 2024, INCLUDING CELEBRATING THE ASSOCIATION'S 50TH ANNIVERSARY AND SURPASSING 5 MILLION TOTAL SOLAR INSTALLATIONS NATIONWIDE. THE ORGANIZATION'S PUBLIC AFFAIRS CAMPAIGNS REFLECTED THESE IMPORTANT ACHIEVEMENTS THROUGH STRATEGIC MEDIA ENGAGEMENT, ENHANCED DIGITAL STORYTELLING TOOLS, AND A VARIETY OF RESOURCES TO EDUCATE INFLUENCERS AND THE GENERAL PUBLIC. SEIA ALSO REDESIGNED ITS FLAGSHIP SEIA.ORG WEBSITE AND LAUNCHED A PODCAST, GOOD ENERGY, IN 2024, ADDING NEW OUTREACH TOOLS TO SHARE INDUSTRY STORIES AND INSIGHTS WITH A BROAD PUBLIC AUDIENCE. COMMUNICATIONS STRATEGIES WERE CRITICAL IN ESTABLISHING SUPPORT AMONGST POLICYMAKERS AT ALL LEVELS FOR SOLAR AND STORAGE, INCLUDING ON TARGETED CAMPAIGNS AROUND TRADE ACTIONS, CONSUMER PROTECTION, INDUSTRY STANDARDS DEVELOPMENT, AND MORE. SEIA WAS ALSO REPRESENTED FOR THE FIRST TIME AT THE UNITED NATIONS FRAMEWORK CONVENTION ON CLIMATE CHANGE (UNFCC) CONFERENCE OF THE PARTIES (COP29), DISCUSSING THE UNITED STATES' ROLE IN A GLOBAL CLEAN ENERGY TRANSITION AND THE IMPORTANCE OF INTERNATIONAL PARTNERSHIPS IN BUILDING A SUSTAINABLE AND RELIABLE CLEAN ENERGY ECONOMY. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 77 0 1 118 1 1 1 0 0 0 1 1 0 1 0 X 65 64 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X THE ORGANIZATION 2026820556 1425 K ST NW STE 1000 WASHINGTON DC 20005 ABIGAIL HOPPER PRESIDENT AND CEO 40.00 2.50 X X 1287301 0 40731 DARREN VANT HOFF CHAIRMAN 1.00 0.50 X X 0 0 0 RYAN PFAFF TREASURER 1.00 0.50 X X 0 0 0 BEN AIRTH SECRETARY 1.00 0.00 X 0 0 0 AMANDA SMITH DIRECTOR 1.00 X 0 0 0 PJ WILSON DIRECTOR 1.00 X 0 0 0 JOSHUA DORFMAN DIRECTOR 1.00 X 0 0 0 GARY BLITZ DIRECTOR 1.00 X 0 0 0 OSMEL CUAN DIRECTOR 1.00 X 0 0 0 KEVIN SMITH DIRECTOR 1.00 X 0 0 0 KATHERINE GENSLER DIRECTOR 1.00 X 0 0 0 JESSICA LAWRENCE VACA DIRECTOR 1.00 X 0 0 0 JIM DOULL DIRECTOR (FROM 9/24) 1.00 X 0 0 0 JAMES HEALY DIRECTOR 1.00 X 0 0 0 BRYDON ROSS DIRECTOR 1.00 X 0 0 0 LASZLO VON DIRECTOR (UNTIL 8/24) 1.00 X 0 0 0 CHRIS HODRICK DIRECTOR 1.00 X 0 0 0 MARTIN HERMANN DIRECTOR 1.00 X 0 0 0 SCOTT HENNESSEY DIRECTOR (FROM 6/24) 1.00 X 0 0 0 ANDREW WILLIAMS DIRECTOR 1.00 X 0 0 0 THOMAS KOENER DIRECTOR (UNTIL 6/24) 1.00 X 0 0 0 GARY CICERO DIRECTOR 1.00 X 0 0 0 JON POWERS DIRECTOR 1.00 X 0 0 0 SCOTT ELIAS DIRECTOR 1.00 X 0 0 0 THOMAS PLAGEMANN DIRECTOR 1.00 X 0 0 0 RAY HENGER DIRECTOR (FROM 9/24) 1.00 X 0 0 0 JUSTIN BITZ DIRECTOR (UNTIL 11/24) 1.00 X 0 0 0 RODRIGO VIENS DIRECTOR 1.00 X 0 0 0 VIRINDER SINGH DIRECTOR 1.00 X 0 0 0 TOM STARRS DIRECTOR 1.00 X 0 0 0 RODRIGO INURRETA ACERA DIRECTOR 1.00 X 0 0 0 JASON SIMON DIRECTOR 1.00 X 0 0 0 COREY GEIGER DIRECTOR (FROM 6/24) 1.00 X 0 0 0 YANN BRANDT DIRECTOR 1.00 X 0 0 0 KENDRA HUBBARD DIRECTOR (UNTIL 4/24) 1.00 X 0 0 0 KEALLY DEWITT DIRECTOR 1.00 0.50 X 0 0 0 LAURA JONES DIRECTOR 1.00 X 0 0 0 KARLA LOEB DIRECTOR 1.00 X 0 0 0 MIKE GAMMILL DIRECTOR 1.00 X 0 0 0 JENNIFER CANGELOSI DIRECTOR 1.00 X 0 0 0 JOHN PAYNE DIRECTOR 1.00 X 0 0 0 ALYSSA EDWARDS DIRECTOR 1.00 X 0 0 0 MICHAEL RUSSELL DIRECTOR 1.00 X 0 0 0 TROY OCHOA DIRECTOR 1.00 X 0 0 0 SCOTT CANADA DIRECTOR 1.00 X 0 0 0 BRIAN DIDIER DIRECTOR 1.00 X 0 0 0 ROBIN DELMER DIRECTOR 1.00 X 0 0 0 ERIC GRENZ DIRECTOR 1.00 X 0 0 0 LIZ LACHOWITZER DIRECTOR 1.00 X 0 0 0 ALFREDO ESPINOSA DIRECTOR 1.00 X 0 0 0 LAURA STERN DIRECTOR 1.00 X 0 0 0 SARAH WOCHOS DIRECTOR 1.00 X 0 0 0 JAMES RICHOTTE DIRECTOR 1.00 X 0 0 0 JOHN MURPHY DIRECTOR (UNTIL 12/24) 1.00 X 0 0 0 KELLY FRIEND DIRECTOR (FROM 12/24) 1.00 X 0 0 0 DAN SHUGAR DIRECTOR (UNTIL 12/24) 1.00 X 0 0 0 BILL EWELL DIRECTOR (FROM 12/24) 1.00 X 0 0 0 KATHY WEISS DIRECTOR 1.00 X 0 0 0 VINOD MUKANI DIRECTOR 1.00 X 0 0 0 ERIC GOODWIN DIRECTOR 1.00 X 0 0 0 GARY SHUSTER DIRECTOR 1.00 X 0 0 0 GUY VANDERHAEGEN DIRECTOR (UNTIL 4/24) 1.00 X 0 0 0 COSTANTINO NICOLAOU DIRECTOR 1.00 X 0 0 0 MAGGIE SASSER DIRECTOR (FROM 9/24) 1.00 X 0 0 0 STEVE LEVITAS DIRECTOR (UNTIL 9/24) 1.00 X 0 0 0 KYLE WALLACE DIRECTOR 1.00 X 0 0 0 DAVID SALVO DIRECTOR 1.00 X 0 0 0 TY DAUL DIRECTOR 1.00 X 0 0 0 EMILY COHEN DIRECTOR 1.00 X 0 0 0 EMILLO GARCIA DIRECTOR 1.00 X 0 0 0 JENNIFER MRZLACK DIRECTOR 1.00 X 0 0 0 DAVID LINCOLN DIRECTOR (FROM 9/24) 1.00 X 0 0 0 SCOTT MOSKOWITZ DIRECTOR 1.00 X 0 0 0 ANDREW FLANAGAN DIRECTOR (UNTIL 6/24) 1.00 X 0 0 0 KEVIN GRESHAM DIRECTOR 1.00 X 0 0 0 INGMAR RITZENHODEN DIRECTOR (FROM 6/24) 1.00 X 0 0 0 MARK WALTER DIRECTOR (UNTIL 11/24) 1.00 X 0 0 0 NICK LINCON DIRECTOR (FROM 12/24) 1.00 X 0 0 0 JAIME CARLSON DIRECTOR 1.00 X 0 0 0 DEEPA ANANTHAKRISHNAN DIRECTOR 1.00 X 0 0 0 CHRIS DIAZ DIRECTOR 1.00 X 0 0 0 BRANDON MOSS DIRECTOR 1.00 X 0 0 0 MEHGAN PEETZ DIRECTOR 1.00 X 0 0 0 YURI HORWITZ DIRECTOR 1.00 X 0 0 0 LIZ REICHERTS DIRECTOR 1.00 X 0 0 0 DANA REDDEN DIRECTOR 1.00 X 0 0 0 GEORGE HERSHMAN DIRECTOR 1.00 0.50 X 0 0 0 MATTHEW BEARZOTTI DIRECTOR 1.00 X 0 0 0 BRIAN SIU DIRECTOR 1.00 X 0 0 0 DARLEEN DEROSA DIRECTOR 1.00 X 0 0 0 WILLIAM GIESE DIRECTOR 1.00 X 0 0 0 MEGHAN NUTTING DIRECTOR 1.00 X 0 0 0 STERLING CLIFFORD DIRECTOR 1.00 X 0 0 0 COLE WEINSTEIN DIRECTOR (UNTIL 6/24) 1.00 X 0 0 0 AMY HEART DIRECTOR 1.00 X 0 0 0 LAUREN NEVITT DIRECTOR 1.00 X 0 0 0 GIL HOUGH DIRECTOR 1.00 X 0 0 0 KEVIN ANDREWS DIRECTOR 1.00 X 0 0 0 MIKE NELSON DIRECTOR 1.00 X 0 0 0 CHAD CRABTREE DIRECTOR 1.00 X 0 0 0 JOHN FERNANDES DIRECTOR 1.00 X 0 0 0 GILBERT CAMPBELL DIRECTOR 1.00 X 0 0 0 SEAN GALLAGHER SVP POLICY 40.00 0.50 X 498933 0 51955 STACY ETTINGER SVP SUPPLY CHAIN & TRADE 40.00 0.00 X 431707 0 23318 LISA BERWIN CFO, SVP FINANCE & OPERATIONS 40.00 0.50 X 422326 0 50798 RODERICK LEWIS SVP SALES & BUSINESS DEVELOPMENT 40.00 0.00 X 321217 0 49485 ERIN DUNCAN VP CONGRESSIONAL AFFAIRS 40.00 0.50 X 311579 0 52597 COLIN SILVER SVP CONTENT & STRATEGY 40.00 0.50 X 305132 0 40448 STEPHANIE BOSH VP COMMS 40.00 0.00 X 294684 0 53947 BENJAMIN NORRIS VP REGULATORY AFFAIRS 40.00 0.00 X 280916 0 42900 GIZELLE WRAY VICE PRESIDENT, GENERAL COUNSEL 40.00 0.00 X 224592 0 11067 JUSTIN BACA VP MARKETS & RESEARCH 40.00 0.00 X 254331 0 43597 EVELYN BUTLER VP TECHNICAL SERVICES 40.00 0.00 X 252985 0 34744 ERIKA SYMMONDS VP EQUITY & WORKFORCE DEVELOPMENT 40.00 0.00 X 237939 0 45940 SARA BIRMINGHAM VP STATE AFFAIRS 40.00 0.00 X 231848 0 18936 KEVIN LUCAS VP POLICY ANALYSIS 40.00 0.00 X 230864 0 42840 5586354 0 603303 37 0 1 0 AKIN GUMP STRAUSS HAUER & FELD LLP DEPT 7247-6827 PHILADELPHIA PA 191706827 LEGAL 1467869 SIGNAL GROUP 1750 K ST NW 2ND FL WASHINGTON DC 20005 CONSULTING 1149160 CROSSBORDER ENERGY 2560 NINTH STREET BERLEY CA 94710 CONSULTING 473109 SQUIRE PATTON BOGGS LLP 417 DENISON ST STE 2 HIGHLAND PARK NJ 08904 CONSULTING 385100 GLOBAL STRATEGY GROUP 215 PARK AVE SOUTH 15TH FLOOR NEW YORK NY 10003 CONSULTING 347000 33 MEMBERSHIP DUES 900099 17684739 17684739 CONFERENCES 900099 16255704 16207656 48048 SPECIAL CHARGES 900099 1555287 1555287 PUBLICATIONS 900099 483977 483977 GRANT INCOME 900099 393487 393487 243779 219750 24029 36616973 1362253 1362253 33181 33181 9000 0 9000 9000 9000 2624728 3034446 -409718 -409718 -409718 37611689 36544896 72077 994716 4795633 9034416 362774 1248593 929275 3899721 42323 2626535 73052 1907606 3516757 370555 910611 828972 1090449 3561587 254222 69230 OTHER EXPENSES 351323 DUES & SUBSCRIPTIONS 218908 TAXES 23659 36116201 845749 313139 2016545 1030370 489891 873868 660491 835500 2568683 1139481 1020780 1429202 29178742 30329339 4739230 4006409 38951428 38817827 2452633 1976929 10769239 9696448 6647809 5650058 19869681 17323435 X 19081747 21494392 19081747 21494392 38951428 38817827 1495488 917157 0 X 0 1 X 1 0 0 0 1 17684739 3353858 -2359765 994093 3536948 -2542855 1848942 811805 1037137 311107 162770 148337 408634 164906 243728 1429202 INVESTMENT IN TRADE SHOW 100000 RIGHT OF USE ASSET 3901709 OTHER ASSETS 4700 4006409 LEASE LIABILITY 5650058 5650058 X PART X, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, SEIA INCURRED FEDERAL AND STATE INCOME TAXES ON UNRELATED INCOME GENERATED FROM ITS JOB BOARD. ADDITIONALLY, SEIA INCURRED COMPENSATION EXCISE TAX. THERE WERE NO ESTIMATED TAX PAYMENTS DURING THE YEARS ENDED DECEMBER 31, 2024 AND 2023. MANAGEMENT HAS EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE CONSOLIDATED FINANCIAL STATEMENTS DO NOT INCLUDE ANY UNCERTAIN TAX POSITIONS. X 1 0 X X X X 0 0 0 ABIGAIL HOPPER PRESIDENT AND CEO 654059 0 632000 0 1242 0 17250 0 23481 0 1328032 0 0 0 SEAN GALLAGHER SVP POLICY 400265 0 80700 0 17968 0 17250 0 34705 0 550888 0 0 0 LISA BERWIN CFO, SVP FINANCE & OPERATIONS 344684 0 76400 0 1242 0 17250 0 33548 0 473124 0 0 0 STACY ETTINGER SVP SUPPLY CHAIN & TRADE 371843 0 56300 0 3564 0 17250 0 6068 0 455025 0 0 0 RODERICK LEWIS SVP SALES & BUSINESS DEVELOPMENT 261675 0 58300 0 1242 0 13250 0 36235 0 370702 0 0 0 ERIN DUNCAN VP CONGRESSIONAL AFFAIRS 266637 0 43700 0 1242 0 13650 0 38947 0 364176 0 0 0 STEPHANIE BOSH VP COMMS 251674 0 41600 0 1410 0 13000 0 40947 0 348631 0 0 0 COLIN SILVER SVP CONTENT & STRATEGY 249246 0 55400 0 486 0 12600 0 27848 0 345580 0 0 0 BENJAMIN NORRIS VP REGULATORY AFFAIRS 240000 0 40400 0 516 0 12000 0 30900 0 323816 0 0 0 JUSTIN BACA VP MARKETS & RESEARCH 230736 0 23100 0 495 0 11550 0 32047 0 297928 0 0 0 EVELYN BUTLER VP TECHNICAL SERVICES 227759 0 23100 0 2126 0 11550 0 23194 0 287729 0 0 0 ERIKA SYMMONDS VP EQUITY & WORKFORCE DEVELOPMENT 215675 0 21800 0 464 0 10920 0 35020 0 283879 0 0 0 KEVIN LUCAS VP POLICY ANALYSIS 208698 0 21000 0 1166 0 10500 0 32340 0 273704 0 0 0 SARA BIRMINGHAM VP STATE AFFAIRS 209827 0 21000 0 1021 0 7269 0 11667 0 250784 0 0 0 GIZELLE WRAY VICE PRESIDENT, GENERAL COUNSEL 193000 0 31200 0 392 0 9000 0 2067 0 235659 0 0 0 PART I, LINE 1A ONE EMPLOYEE RECEIVED A HOUSING ALLOWANCE AMOUNTING TO $14,404 IN 2024. THIS HOUSING ALLOWANCE WAS INCLUDED IN TAXABLE W-2 WAGES TO THE EMPLOYEE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A MEMBERSHIP BASED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A DIVISION DIRECTORS ARE ELECTED BY RESPECTIVE DIVISION MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO A DESIGNATED COMMITTEE OF THE ORGANIZATION FOR REVIEW AND COMMENTS PRIOR TO FILING. THE COMMITTEE CONSISTED OF THE PRESIDENT, CHAIRMAN, VICE CHAIR AND TREASURER. FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS ARE USED TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE THE ASSOCIATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CEO IS FIXED BY THE COMPENSATION COMMITTEE, CONSISTING OF MEMBERS OF THE ASSOCIATION'S EXECUTIVE COMMITTEE. THE COMMITTEE UTILIZES COMPENSATION STUDIES, AND OUTSOURCED COMPENSATION CONSULTANT AND CONTEMPORANEOUS SUBSTANTIATION FROM SIMILAR ORGANIZATIONS. THE COMPENSATION REVIEW PROCESS FOR THE TOP MANAGEMENT OFFICIAL TAKES PLACE ANNUALLY DURING THE YEAR-END REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST SOLAR ENERGY INDUSTRIES PAC 1425 ST NW STE 1000 WASHINGTON DC 20005 521072179 PAC DC 527 SOLAR ENERGY INDUSTRIES ASSOCIATION INC 1 SOLAR ENERGY INDUSTRIES ASSOCIATION CALIFORNIA PAC 1425 ST NW STE 1000 WASHINGTON DC 20005 455002879 PAC DC 527 SOLAR ENERGY INDUSTRIES ASSOCIATION INC 1 SOLAR AND STORAGE INDUSTRIES INSTITUTE 1425 ST NW STE 1000 WASHINGTON DC 20005 881327537 EDUCATION & RESEARCH DC 501(C)(3) LINE 7 SOLAR ENERGY INDUSTRIES ASSOCIATION INC 0 COMMUNITY CLEAN ENERGY COALITION 1425 ST NW STE 1000 WASHINGTON DC 20005 923931635 CLEAN ENERGY ADVOCACY DC 501(C)(4) SOLAR ENERGY INDUSTRIES ASSOCIATION INC 0 SOLAR ENERGY TRADE SHOWS LLC 225 REINEKERS LANE STE 680 ALEXANDRIA VA 22314 271527552 TRADE SHOW DC N/A RELATED 14482704 1376848 0 -69214 0 0.50000 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 COMMUNITY CLEAN ENERGY COALITION L 1197264 FMV SOLAR AND STORAGE INDUSTRIES INSTITUTE L 478209 FMV SOLAR AND STORAGE INDUSTRIES INSTITUTE M 327968 FMV SOLAR ENERGY TRADE SHOWS LLC S 13600000 FMV