NATIONAL ASSOCIATION OF FOREIGN - TRADE ZONES

EIN: 237417702

WASHINGTON, DC

Total Revenue
$1,595,865
Total Expenses
$1,504,760
Total Assets
$2,362,668
Net Assets
$923,714
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Financial Trends

Organization Details

Formation Year
1973
Principal Officer
JEFFREY TAFEL
Phone
2023311950
Tax Period
2024-01-01 to 2024-12-31

NATIONAL ASSOCIATION OF FOREIGN - TRADE ZONES, founded in 1973, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 6% surplus.

Mission

THE NAFTZ, AN ASSOCIATION OF PUBLIC AND PRIVATE MEMBERS, IS THE COLLECTIVE VOICE OF THE FOREIGN-TRADE ZONES PROGRAM. THE NAFTZ IS THE PROGRAM'S PRINCIPAL EDUCATOR AND LEADER IN DEMONSTRATING THE PROGRAM'S VALUE AND ROLE IN THE CHANGING ENVIRONMENT OF INTERNATIONAL TRADE.

Program Service Accomplishments

Program 1

ADVOCACY FOR THE U.S. FOREIGN-TRADE ZONES PROGRAM, FTZ USERS, FTZ OPERATORS, FTZ GRANTEES, AND THE MORE THAN 550,000 U.S. JOBS WITHIN FTZS: ONE OF NAFTZ'S MOST IMPORTANT ROLES IS ENSURING THE UNIQUE...

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ADVOCACY FOR THE U.S. FOREIGN-TRADE ZONES PROGRAM, FTZ USERS, FTZ OPERATORS, FTZ GRANTEES, AND THE MORE THAN 550,000 U.S. JOBS WITHIN FTZS: ONE OF NAFTZ'S MOST IMPORTANT ROLES IS ENSURING THE UNIQUE INTERESTS OF THE FOREIGN-TRADE ZONE COMMUNITY ARE EFFECTIVELY REPRESENTED, RECOGNIZED, AND ADVANCED IN WASHINGTON. WE ADVOCATE FOR THE PRACTICAL APPLICATION OF INTERNATIONAL TRADE POLICIES AND REGULATIONS TO ACHIEVE MAXIMUM SIMPLICITY AND EFFECTIVENESS FOR THE FTZ COMMUNITY. THE NAFTZ WORKS TO ENSURE CONGRESSIONAL DECISION-MAKERS AND GOVERNMENT DEPARTMENTS AND AGENCIES UNDERSTAND THE SIGNIFICANT LOCAL AND NATIONAL ECONOMIC IMPACT OF AMERICA'S FOREIGN-TRADE ZONES. NAFTZ'S DIVERSE MEMBERSHIP CONTRIBUTES SIGNIFICANT EXPERTISE AND INFORMED PERSPECTIVES TO MAJOR POLICY DISCUSSIONS IN WASHINGTON. NAFTZ CONTINUOUSLY MONITORS AND NAVIGATES THE CONSTANTLY CHANGING NATURE OF INTERNATIONAL TRADE. NAFTZ HOSTS AN ANNUAL LEGISLATIVE SUMMIT IN WASHINGTON DC INVITING FEDERAL GOVERNMENT OFFICIALS, POLICY MAKERS, AND INDUSTRY LEADERS FOR LEGISLATIVE BRIEFINGS, DISCUSSIONS ON VARIOUS CURRENT ADVOCACY TOPICS AND RELATED AND EMERGING ISSUES.

Program 2

CONFERENCES, SEMINARS, AND NETWORKING: NAFTZ OFFERS MEMBERS AND NON-MEMBERS ALIKE TWO ANNUAL EVENTS FEATURING SPEAKERS, PANELISTS, AND SPECIALIZED SESSIONS RELEVANT TO OPERATOR/USERS, GRANTEES...

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CONFERENCES, SEMINARS, AND NETWORKING: NAFTZ OFFERS MEMBERS AND NON-MEMBERS ALIKE TWO ANNUAL EVENTS FEATURING SPEAKERS, PANELISTS, AND SPECIALIZED SESSIONS RELEVANT TO OPERATOR/USERS, GRANTEES, CONSULTANTS, OTHER SERVICE PROVIDERS, AND THOSE NEW TO THE INDUSTRY. TOPICS ARE UPDATED AND SELECTED EACH YEAR TO ADDRESS CURRENT ISSUES AND TRENDS IN THE FTZ COMMUNITY. PARTICIPANTS CAN HEAR FROM - AND INTERACT WITH - GOVERNMENT OFFICIALS AND INDUSTRY EXPERTS. THESE EVENTS ARE WHERE MEMBERS CONNECT AND BUILD THEIR PERSONAL AND PROFESSIONAL NETWORKS TO SUPPORT THEIR FTZ ACTIVITIES THROUGHOUT THE YEAR WITH HUNDREDS OF ATTENDEES AT EACH EVENT.

Program 3

EDUCATION, CREDENTIALS, AND PUBLICATIONS: NAFTZ HAS BEEN PROVIDING PROFESSIONAL DEVELOPMENT PROGRAMS FOR MORE THAN 50 YEARS IN SUPPORT OF OUR OVERARCHING MISSION TO SERVE AS THE FTZ PROGRAM'S...

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EDUCATION, CREDENTIALS, AND PUBLICATIONS: NAFTZ HAS BEEN PROVIDING PROFESSIONAL DEVELOPMENT PROGRAMS FOR MORE THAN 50 YEARS IN SUPPORT OF OUR OVERARCHING MISSION TO SERVE AS THE FTZ PROGRAM'S PRINCIPAL EDUCATOR. NAFTZ'S "FUNDAMENTALS OF FTZS" IS ONE OF THE ASSOCIATION'S MOST POPULAR OFFERINGS AND IS A TRAINING STAPLE FOR MANY FTZ USER/OPERATORS ADDING NEW STAFF TO THEIR FTZ FUNCTION. NAFTZ'S ACCREDITED ZONE SPECIALIST (AZS) DESIGNATION, AND ENTRY LEVEL KNOWLEDGE BASED CERTIFIED ZONE SPECIALIST CREDENTIAL ARE DESIGNED TO ELEVATE PROFESSIONAL STANDARDS AND DISTINGUISH FOREIGN-TRADE ZONE PROFESSIONALS WHO HAVE DEMONSTRATED KNOWLEDGE OF THE FTZ PROGRAM AND REGULATORY CHANGES IN TODAY'S CHALLENGING ENVIRONMENT. NAFTZ ALSO CONTINUOUSLY UPDATES OUR FORMAL MENTORSHIP PROGRAM AFTER EACH ANNUAL COHORT. THIS MENTORSHIP PROGRAM PROVIDES WAYS FOR THOSE IN THE FTZ COMMUNITY TO GROW, LEARN, AND DEVELOP SKILLS WHILE ESTABLISHING LASTING RELATIONSHIPS BETWEEN EXPERIENCED AND NEWER PRACTIONERS IN THE FTZ COMMUNITY.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,545,244
Investment Income $30,123
Other Revenue $20,498
TOTAL REVENUE $1,595,865

Expense Breakdown

Grants Paid $0
Salaries & Benefits $702,111
Fundraising Expenses $0
Other Expenses $802,649
TOTAL EXPENSES $1,504,760

Year-over-Year Comparison

2024 2023 Change
Revenue $1,595,865 $1,475,725 +0.1%
Expenses $1,504,760 $1,508,837 0.0%
Net Income $91,105 $-33,112 -3.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
4
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$176,000
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY TAFEL PRESIDENT 50.00
Officer
$176,000 $0 $176,000
KATIE TANGMAN CHAIR 4.00
Officer Director
$0 $0 $0
PATRICIA CANNON VICE CHAIR 4.00
Officer Director
$0 $0 $0
LEIGH RYAN TREASURER 4.00
Officer Director
$0 $0 $0
DIANA URELIUS SECRETARY 4.00
Officer Director
$0 $0 $0
JAMES GROGAN IMMED. PAST 1.00
Director
$0 $0 $0
ROBERT BALLI DIRECTOR 1.00
Director
$0 $0 $0
SEAN LYDON DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER SMITH DIRECTOR 1.00
Director
$0 $0 $0
MIGUEL ZAMORA II DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM CAWTHERN DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE CONVERSE DIRECTOR 1.00
Director
$0 $0 $0
SHANA HEAD DIRECTOR 1.00
Director
$0 $0 $0
ILEANA KLEPEISZ DIRECTOR 1.00
Director
$0 $0 $0
SARAH MESSEIH DIRECTOR 1.00
Director
$0 $0 $0
JESSICA MISERENDINO DIRECTOR 1.00
Director
$0 $0 $0
KELLY STEWARD DIRECTOR 1.00
Director
$0 $0 $0
TREY BORING PARLIAMENTAR 4.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,595,865 $1,504,760 $2,362,668 $91,105
2023 $1,475,725 $1,508,837 $2,003,941 $-33,112
2022 $1,318,597 $1,409,998 $2,418,738 $-91,401
2021 $956,043 $939,368 $1,539,519 $16,675
2020 $858,019 $994,395 $1,444,921 $-136,376
2019 $1,539,386 $1,411,042 $1,703,923 $128,344
2018 $1,526,286 $1,311,751 $1,459,860 $214,535
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