AMERICAN APPAREL & FOOTWEAR ASSOCIATION

EIN: 530258503

WASHINGTON, DC

Total Revenue
$8,055,435
Total Expenses
$6,850,754
Total Assets
$16,919,885
Net Assets
$9,475,543
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1933
Legal Domicile
TN
Principal Officer
STEPHEN LAMAR
Phone
2028539080
Tax Period
2024-01-01 to 2024-12-31

AMERICAN APPAREL & FOOTWEAR ASSOCIATION, founded in 1933, is a community nonprofit that reported $8.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $6.9M left a modest 15% surplus.

Mission

TO STAND AS A LEADER OF POSITIVE CHANGE FOR THE APPAREL & FOOTWEAR INDUSTRY ON BEHALF OF ITS MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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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 $7,070,522
Investment Income $495,954
Other Revenue $488,959
TOTAL REVENUE $8,055,435

Expense Breakdown

Grants Paid $140,421
Salaries & Benefits $4,178,423
Fundraising Expenses $0
Other Expenses $2,531,910
TOTAL EXPENSES $6,850,754

Year-over-Year Comparison

2024 2023 Change
Revenue $8,055,435 $7,366,544 +0.1%
Expenses $6,850,754 $6,091,520 +0.1%
Net Income $1,204,681 $1,275,024 -0.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
43
Independent Members
43
Employees
20
Volunteers
49

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
7
$1,018,877
Total Directors
49
$0
Key Employees
4
$1,146,271
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSUE SOLANO CHAIR 2.00
Officer Director
$0 $0 $0
HALIDE ALAGOZ VICE CHAIR 2.00
Officer Director
$0 $0 $0
JOE PRESTON SECRETARY 2.00
Director
$0 $0 $0
KATHERINE GOLD TREASURER 2.00
Officer Director
$0 $0 $0
TED DAGNESE PAST CHAIR 2.00
Officer Director
$0 $0 $0
CHRISTOPHER VOLPE EXECUTIVE COMMITTEE 0.50
Director
$0 $0 $0
DANILO AMORETTY EXECUTIVE COMMITTEE 0.50
Director
$0 $0 $0
KAREN SMITH EXECUTIVE COMMITTEE 0.50
Director
$0 $0 $0
KURT CAVANO EXECUTIVE COMMITTEE 0.50
Director
$0 $0 $0
MIKE FAIRCLOTH EXECUTIVE COMMITTEE 0.50
Director
$0 $0 $0
TODD KAHN EXECUTIVE COMMITTEE 0.50
Director
$0 $0 $0
TODD SOLLER EXECUTIVE COMMITTEE 0.50
Director
$0 $0 $0
ABBEY DONEGER DIRECTOR 0.50
Director
$0 $0 $0
ALAN LUCHETTE DIRECTOR 0.50
Director
$0 $0 $0
ALLAN ELLINGER DIRECTOR 0.50
Director
$0 $0 $0
ALLISON MURPHY DIRECTOR 0.50
Director
$0 $0 $0
BILL ELLS DIRECTOR 0.50
Director
$0 $0 $0
BRUCE MUNRO DIRECTOR 0.50
Director
$0 $0 $0
CAMERON BAILEY DIRECTOR 0.50
Director
$0 $0 $0
CHRIS ALT DIRECTOR 0.50
Director
$0 $0 $0
DAVID J KATZ DIRECTOR 0.50
Director
$0 $0 $0
DAVID J MILLER DIRECTOR 0.50
Director
$0 $0 $0
DAVID SAVMAN DIRECTOR 0.50
Director
$0 $0 $0
DEBORAH WEINSWIG DIRECTOR 0.50
Director
$0 $0 $0
EDWARD A GRIBBIN DIRECTOR 0.50
Director
$0 $0 $0
EDWARD M MANBURG DIRECTOR 0.50
Director
$0 $0 $0
JAMES SCHWARTZ DIRECTOR 0.50
Director
$0 $0 $0
JASON KRA DIRECTOR 0.50
Director
$0 $0 $0
KILLICK S DATTA DIRECTOR 0.50
Director
$0 $0 $0
LIZ O'NEILL DIRECTOR 0.50
Director
$0 $0 $0
LUIS MARQUINA DIRECTOR 0.50
Director
$0 $0 $0
LYDIA KE DIRECTOR 0.50
Director
$0 $0 $0
MARK GITOMER DIRECTOR 0.50
Director
$0 $0 $0
MELISSA NELSON DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL MANSH DIRECTOR 0.50
Director
$0 $0 $0
OSCAR FELDENKREIS DIRECTOR 0.50
Director
$0 $0 $0
PAULA ZUSI DIRECTOR 0.50
Director
$0 $0 $0
PETER CHARLES DIRECTOR 0.50
Director
$0 $0 $0
RICK HORWITCH DIRECTOR 0.50
Director
$0 $0 $0
RICHARD C PRICE DIRECTOR 0.50
Director
$0 $0 $0
SALLY GILLIGAN DIRECTOR 0.50
Director
$0 $0 $0
SARAH CLARKE DIRECTOR 0.50
Director
$0 $0 $0
SARAH HURZELER DIRECTOR 0.50
Director
$0 $0 $0
SARAH MCMULLIN DIRECTOR 0.50
Director
$0 $0 $0
SHAWN CURRAN DIRECTOR 0.50
Director
$0 $0 $0
SIDNEY D HOWARD DIRECTOR 0.50
Director
$0 $0 $0
STAN CLAY JEWELL DIRECTOR 0.50
Director
$0 $0 $0
THOMAS C CHUBB III DIRECTOR 0.50
Director
$0 $0 $0
TOM LORANG DIRECTOR 0.50
Director
$0 $0 $0
STEPHEN EDWARD LAMAR CEO & PRESIDENT 35.00
Officer
$547,286 $65,256 $612,542
AGATA BORRADORI VP FINANCE & ADMIN 35.00
Officer
$188,721 $24,684 $213,405
CORINNE MURPHY SUDER VP, EDU & CORP MKT 35.00
Officer
$162,587 $30,343 $192,930
MAUREEN STORCH SVP, MEMBERSHIP 35.00
Key Emp
$401,089 $44,440 $445,529
NATHANAEL HERMAN SVP, POLICY 35.00
Key Emp
$250,423 $22,109 $272,532
BETH ANNE HUGHES VP, TRADE & CUSTOMS POLICY 35.00
Key Emp
$181,586 $24,300 $205,886
NATALIE CHADWICK LABELLA SVP, COMMS &MKT 35.00
Key Emp
$206,045 $16,279 $222,324
DARRELL SUMPTER SR OFFICE MGR/STAFF ACCT 35.00
Highest
$119,744 $21,611 $141,355
MEGAN BALKOVIC SR DIR, MBR EXP & IND ENGAGE 35.00
Highest
$128,039 $9,443 $137,482
REEM BSEISO PROGRAM MANAGER/GOVERNANCE LIAISON 35.00
Highest
$105,036 $22,118 $127,154
CHELSEA MURTHA SENIOR DIRECTOR, SUSTAINABILITY 35.00
Highest
$127,396 $9,136 $136,532
KATHERINE KOSCHER DIRECTOR, EVENTS & PROGRAM 35.00
Highest
$109,466 $17,060 $126,526
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 $8,055,435 $6,850,754 $16,919,885 $1,204,681
2023 $7,366,544 $6,091,520 $15,339,255 $1,275,024
2022 $6,640,273 $5,534,363 $13,900,144 $1,105,910
2021 $5,859,062 $4,710,467 $9,685,300 $1,148,595
2020 $5,768,928 $4,738,910 $8,177,098 $1,030,018
2019 $5,912,341 $5,982,495 $7,618,599 $-70,154
2018 $5,256,461 $5,545,658 $6,719,583 $-289,197
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