2026-06-22T14:32:07-05:00 2025-12-31 621199757 LBMC PC PO BOX 1869 BRENTWOOD TN 370241869 990 2025-01-01 273615830 NFIB THE VOICE OF FREE ENTERPRISE INC NFIB 6158725800 53 CENTURY BLVD SUITE 300 NASHVILLE TN 37214 BRAD CLOSE PRESIDENT 6158725800 2026-06-18 1 ABIGAIL CAMPBELL P01296738 6153774600 2026-06-18 2025 2025-03-06 01:10:19Z BRAD CLOSE 555 12TH ST NW STE 1001 WASHINGTON DC 20004 776797 0 X WWW.NFIB.COM/FREE X 2011 TN NFIB, THE VOICE OF FREE ENTERPRISE, INC.'S MISSION IS TO EDUCATE AMERICANS (SEE SCH O) 12 11 0 0 0 0 516712 508444 275298 268353 0 0 0 0 792010 776797 753289 740006 0 0 0 0 0 0 8144 38721 36791 792010 776797 0 0 91096 115391 42583 66878 48513 48513 X PLEASE SEE SCHEDULE O 0 0 740006 740006 268353 NFIB, THE VOICE OF FREE ENTERPRISE, INC EDUCATES SMALL BUSINESS OWNERS ABOUT THE PRINCIPLES OF FREE ENTERPRISE, ENTREPRENEURSHIP, REGULATIONS, AND TAXATION. IN DOING SO, IT SUPPORTS THE NFIB SMALL BUSINESS LEGAL CENTER, WHICH ADVOCATES FOR FREE ENTERPRISE IN COURTS NATIONWIDE AND PROVIDES SUPPORT AND BUSINESS RESOURCES TO SMALL BUSINESSES. 740006 0 1 0 1 0 0 0 0 0 0 0 0 1 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 0 0 0 1 0 0 1 2 0 1 0 0 0 0 0 1 1 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY ME MA MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X DAWN SIMPSON 6158725800 53 CENTURY BLVD SUITE 300 NASHVILLE TN 37214 BRAD CLOSE PRESIDENT 1.00 39.00 X X 0 1210869 72589 DAVID ADDINGTON SECRETARY/PARLIAMENTARIAN 1.00 39.00 X 0 719911 38268 JEFF SMITH CFO 1.00 39.00 X 0 489533 60579 CHRIS PITTS ASST SECRETARY 1.00 39.00 X 0 398612 38830 MICHAEL MALONEY VP 1.00 39.00 X 0 379118 26875 DAWN SIMPSON TREASURER 1.00 39.00 X 0 300015 48103 NEVIN GROCE CHAIRMAN 0.25 1.50 X 0 43210 250 STEVE SCHRAMM DIRECTOR 0.25 1.50 X 0 29090 250 JEFF READY DIRECTOR 0.25 1.50 X 0 28000 250 JOSE VILLA DIRECTOR 0.25 1.50 X 0 28000 250 PATTI MELLARD DIRECTOR 0.25 1.50 X 0 28000 250 ROB HOLT DIRECTOR 0.25 1.50 X 0 28000 250 MARIA DAVID DIRECTOR 0.25 1.50 X 0 24859 250 STEPHANIE CAMARILLO DIRECTOR 0.25 1.50 X 0 24725 250 AMY SPARKS DIRECTOR 0.25 1.50 X 0 24524 250 LISA FULLERTON DIRECTOR 0.25 1.50 X 0 24000 250 SAM CHAMBERLAIN DIRECTOR 0.25 1.50 X 0 22000 250 0 3802466 287994 0 0 1 0 0 508444 508444 MEMBERSHIP DUES 541900 268353 268353 268353 776797 268353 0 0 740006 740006 5750 5750 5064 5064 3582 502 3080 NFIB MANAGEMENT FEE 22395 22395 776797 740006 28647 8144 0 0 55554 55734 35542 59657 91096 115391 5975 5750 36608 61128 42583 66878 X 48513 48513 48513 48513 91096 115391 0 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 INTERCOMPANY RECEIVABLES 59657 59657 INTERCOMPANY PAYABLES 61128 61128 X PART X, LINE 2: FIN 48 (ASC TOPIC 740) FOOTNOTE: NFIB, THE VOICE OF FREE ENTERPRISE HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024 NOR DOES NFIB, THE VOICE OF FREE ENTERPRISE HAVE ANY UNCERTAIN TAX POSITIONS. 1 NFIB SMALL BUSINESS LEGAL CENTER 53 CENTURY BLVD SUITE 300 NASHVILLE TN 37214 621570449 501(C)(3) 740006 0 GENERAL SUPPORT 1 PART I, LINE 2: MONITORING GRANTS: NFIB, THE VOICE OF FREE ENTERPRISE, INC. PROVIDED A GRANT TO ITS AFFILIATED ORGANIZATION TO HELP FURTHER THE EXEMPT PURPOSE OF THAT ORGANIZATION. THE ORGANIZATION INVOLVED IS UNDER COMMON CONTROL AND THE USE OF THESE FUNDS IS MONITORED ACCORDINGLY. 1 0 0 0 0 0 0 0 0 BRAD CLOSE PRESIDENT 0 719725 0 485000 0 6144 0 20912 0 51677 0 1283458 0 0 DAVID ADDINGTON SECRETARY/PARLIAMENTARIAN 0 530370 0 175250 0 14291 0 20927 0 17341 0 758179 0 0 JEFF SMITH CFO 0 355200 0 126000 0 8333 0 22786 0 37793 0 550112 0 0 CHRIS PITTS ASST SECRETARY 0 286173 0 99225 0 13214 0 20737 0 18093 0 437442 0 0 MICHAEL MALONEY VP 0 152345 0 38584 0 188189 0 12345 0 14530 0 405993 0 0 DAWN SIMPSON TREASURER 0 240822 0 52700 0 6493 0 17583 0 30520 0 348118 0 0 PART I, LINE 4A PER A SEPARATION AGREEMENT, MICHAEL MALONEY RECEIVED SEVERANCE PAYMENTS TOTALING $130,000. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: NFIB, THE VOICE OF FREE ENTERPRISE, INC.'S MISSION IS TO EDUCATE AMERICANS ON ISSUES INCLUDING BUT NOT LIMITED TO FREE ENTERPRISE, ENTREPRENEURSHIP, HEALTHCARE, REGULATION & TAXATION. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: NFIB, THE VOICE OF FREE ENTERPRISE'S MISSION IS TO EDUCATE AMERICANS ON ISSUES OF NATIONAL IMPORTANCE INCLUDING BUT NOT LIMITED TO FREE ENTERPRISE, ENTREPRENEURSHIP, HEALTHCARE, REGULATION & TAXATION. NFIB, THE VOICE OF FREE ENTERPRISE, INC. IS A TENNESSEE NONPROFIT PUBLIC BENEFIT CORPORATION CREATED UNDER THE TENNESSEE NONPROFIT CORPORATION ACT. IT IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY TO PROMOTE SOCIAL WELFARE WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED FROM TIME TO TIME, OR THE CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAWS. IN PARTICULAR, THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY TO FURTHER THE COMMON GOOD AND GENERAL WELFARE BY EDUCATING THE AMERICAN PEOPLE THROUGH RESEARCH, COMMUNICATIONS, AND OUTREACH REGARDING ISSUES OF NATIONAL IMPORTANCE, INCLUDING BUT NOT LIMITED TO FREE ENTERPRISE, ENTREPRENEURSHIP, HEALTHCARE, REGULATION, AND TAXATION. THE CORPORATION IS OPERATED, SUPERVISED, AND CONTROLLED BY THE NATIONAL FEDERATION OF INDEPENDENT BUSINESS (NFIB) AND IS ACCOUNTABLE AND RESPONSIBLE TO ITS PARENT ORGANIZATION, THE NFIB. THE NFIB IS NAMED AS THE ORGANIZATION THAT THE CORPORATION WAS FORMED TO SUPPORT, AND THE NFIB EXERTS CONTROL OF THE CORPORATION'S POLICIES, BUDGET, AND ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11B PROCESS OF REVIEWING THE 990: FOLLOWING AN INDEPENDENT AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS OF THE NATIONAL FEDERATION OF INDEPENDENT BUSINESS (NFIB) AND ITS AFFILIATES, A DRAFT OF NFIB, THE VOICE OF FREE ENTERPRISE, INC.'S (NFIB VFE'S) FORM 990 IS PREPARED. THIS FORM 990 GOES THROUGH A THREE-TIER INTERNAL MANAGEMENT REVIEW PROCESS. ANY QUESTIONS ARISING FROM THE INITIAL REVIEW ARE ADDRESSED TO ENSURE THE RETURN IS COMPLETE AND ACCURATE. ANY NECESSARY CHANGES/CORRECTIONS ARE MADE ON THE FORM 990 AND THE RETURN AGAIN GOES THROUGH NFIB VFE'S INTERNAL REVIEW PROCESS. UPON APPROVAL OF THE CFO, THE RETURN IS REVIEWED BY THE CHAIR OF THE FINANCE/AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE FINAL RETURN IS THEN FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH CONFLICT OF INTEREST POLICY: EVERY BOARD MEMBER, OFFICER, AND EMPLOYEE OF NFIB, THE VOICE OF FREE ENTERPRISE, INC. IS REQUIRED TO SUBMIT AN ANNUAL CODE OF CONDUCT & ETHICS CERTIFICATION TO THE CFO. ALL POTENTIAL CONFLICTS OF INTEREST, ETHICAL CONCERNS, AND LEGAL CONCERNS ARE ADDRESSED BY THE CFO WITH A REPORT GOING TO THE FINANCE/AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. ANY TRANSACTIONS DISCLOSED ARE REVIEWED BY THE CFO TO DETERMINE THE TYPE OF RELATIONSHIP, DOLLAR VALUE INVOLVED, AND TO BE CERTAIN THAT ALL TRANSACTIONS ARE AT ARMS LENGTH. NO BOARD MEMBER SHALL VOTE ON ANY MATTER IN WHICH THERE IS A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 PROCESS OF DETERMINING COMPENSATION FOR OFFICERS AND OTHER KEY EMPLOYEES: THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF NFIB IS RESPONSIBLE FOR REVIEWING AND RECOMMENDING THE COMPENSATION FOR THE OFFICERS. THEIR COMPENSATION IS DETERMINED ANNUALLY BY THE NFIB BOARD OF DIRECTORS. DELIBERATIONS OF COMPENSATION DETERMINATIONS ARE RECORDED CONTEMPORANEOUSLY IN THE MINUTES OF THE MEETING. THE ORGANIZATION'S PHILOSOPHY IS FOR EXECUTIVE COMPENSATION TO BE COMPETITIVE WITH THE MARKET IN ORDER TO ATTRACT, RETAIN, AND MOTIVATE QUALIFIED EMPLOYEES. ADDITIONALLY, INCENTIVE PAY IS LINKED TO THE ACHIEVEMENT OF ORGANIZATIONAL GOALS AND IS COMPETITIVE AND CONSISTENT WITH MARKET NORMS. THE COMMITTEE REGULARLY ENGAGES THE SERVICES OF OUTSIDE CONSULTING FIRMS TO PROVIDE EXPERT INFORMATION REGARDING INDUSTRY-WIDE COMPENSATION NORMS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC: IT IS NFIB, THE VOICE OF FREE ENTERPRISE, INC.'S POLICY TO MAKE AVAILABLE FOR PUBLIC INSPECTION, UPON REQUEST, EITHER WRITTEN OR IN PERSON, ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. NATIONAL FEDERATION OF INDEPENDENT BUS 53 CENTURY BLVD SUITE 300 NASHVILLE TN 37214 940707299 MEMBER REPRESENTATION CA 501(C)(6) N/A 0 NFIB FEDERAL POLITICAL ACTION COMMITTEE 555 12TH ST NW STE 1001 WASHINGTON DC 20004 942532364 PAC CA 527 NFIB 0 NFIB SMALL BUSINESS LEGAL CENTER 53 CENTURY BLVD SUITE 300 NASHVILLE TN 37214 621570449 PUBLIC LAW FIRM TN 501(C)(3) LINE 12A, I NFIB 0 NFIB MEMBER SERVICES CORPORATION 53 CENTURY BLVD SUITE 300 NASHVILLE TN 37214 942899404 MEMBER BENEFITS CA NFIB C 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 NATIONAL FEDERATION OF INDEPENDENT BUSINESS C 508444 FMV NATIONAL FEDERATION OF INDEPENDENT BUSINESS S 268353 FMV