NATIONAL ASSOCIATION OF CONVENIENCE STORES

EIN: 952237749

ALEXANDRIA, VA

Total Revenue
$61,836,797
Total Expenses
$60,431,961
Total Assets
$78,794,360
Net Assets
$63,490,897
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
VA
Principal Officer
HENRY O ARMOUR
Phone
7035184225
Tax Period
2024-01-01 to 2024-12-31

NATIONAL ASSOCIATION OF CONVENIENCE STORES, founded in 1961, is a mid-sized nonprofit that reported $61.8M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF NACS IS TO REPRESENT THE CONVENIENCE AND PETROLEUM RETAILING INDUSTRY AND TO PROVIDE THE KNOWLEDGE, CONNECTIONS, AND ADVOCACY NECESSARY TO ASSIST OUR MEMBERS IN MAXIMIZING THEIR EFFECTIVENESS AND PROFITABILITY.

Program Service Accomplishments

Program 1

NACS HOLDS SEVERAL CONFERENCES AND EXHIBITS TO HELP ADVANCE THE CONVENIENCE STORE INDUSTRY. THE NACS SHOW IS THE PREMIER EXPO AND CONVENTION FOR THE CONVENIENCE AND FUEL RETAILING INDUSTRY...

Read more

NACS HOLDS SEVERAL CONFERENCES AND EXHIBITS TO HELP ADVANCE THE CONVENIENCE STORE INDUSTRY. THE NACS SHOW IS THE PREMIER EXPO AND CONVENTION FOR THE CONVENIENCE AND FUEL RETAILING INDUSTRY, PRESENTING NUMEROUS EXHIBITS, WORKSHOPS, AND NETWORKING OPPORTUNITIES. THESE ACTIVITIES BENEFIT RETAILER AND SUPPLIER ATTENDEES THROUGH THE DISSEMINATION OF KNOWLEDGE, EXPLOITATION OF CONNECTIONS AND ADVOCACY ON BEHALF OF THE CONVENIENCE AND FUEL RETAILING INDUSTRY.

Program 2

NACS' GOVERNMENT RELATIONS DEPARTMENT REPRESENTS THE ADVOCACY ARM OF NACS, LOBBYING THE FEDERAL GOVERNMENT AND REGULATORY AGENCIES ON ISSUES RELATING TO THE CONVENIENCE AND FUEL RETAILING INDUSTRY AS...

Read more

NACS' GOVERNMENT RELATIONS DEPARTMENT REPRESENTS THE ADVOCACY ARM OF NACS, LOBBYING THE FEDERAL GOVERNMENT AND REGULATORY AGENCIES ON ISSUES RELATING TO THE CONVENIENCE AND FUEL RETAILING INDUSTRY AS WELL AS KEEPING MEMBERS AND OTHER INTERESTED PARTIES UPDATED ON IMPORTANT LEGISLATIVE ISSUES.

Program 3

RESEARCH AND TECHNOLOGY REPRESENTS ACTIVITIES RELATED TO THE ONGOING COMPETITIVE VIABILITY OF THE CONVENIENCE AND FUEL RETAILING INDUSTRY. PROJECTS INCLUDE INDUSTRY BENCHMARKS, RESEARCH STUDIES AND...

Read more

RESEARCH AND TECHNOLOGY REPRESENTS ACTIVITIES RELATED TO THE ONGOING COMPETITIVE VIABILITY OF THE CONVENIENCE AND FUEL RETAILING INDUSTRY. PROJECTS INCLUDE INDUSTRY BENCHMARKS, RESEARCH STUDIES AND BENCHMARK AND FUELS CONFERENCES, INFORMATION ON ENHANCEMENT TO THE EFFICIENCY OF CHANNEL OPERATIONS, AND CUSTOMER METRICS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $60,761,126
Investment Income $1,775,384
Other Revenue $-699,713
TOTAL REVENUE $61,836,797

Expense Breakdown

Grants Paid $5,430,563
Salaries & Benefits $23,950,734
Fundraising Expenses $0
Other Expenses $31,050,664
TOTAL EXPENSES $60,431,961

Year-over-Year Comparison

2024 2023 Change
Revenue $61,836,797 $50,087,305 +0.2%
Expenses $60,431,961 $51,777,048 +0.2%
Net Income $1,404,836 $-1,689,743 -1.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
29
Independent Members
29
Employees
87
Volunteers
356

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
5
$5,693,407
Total Directors
37
$0
Key Employees
9
$5,626,176
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JARED SCHEELER PAST CHAIRMAN (UNTIL 10/24) 1.00
Director
$0 $0 $0
LISA DELL'ALBA OFFICER, TREASURER (UNTIL 10/24) 1.00
Officer Director
$0 $0 $0
BRIAN HANNASCH OFFICER, CHAIRMAN (AS OF 10/24) 1.00
Officer Director
$0 $0 $0
JOSE VICTOR PARDO PATERNO CHAIRMAN UNTIL 10/24, PAST CHAIRMAN 2.00
Officer Director
$0 $0 $0
DONALD R RHOADS PAST CHAIRMAN 1.00
Director
$0 $0 $0
CHUCK MAGGELET OFFICER (UNTIL 5/24) 1.00
Director
$0 $0 $0
ANNE GAUTHIER OFFICER, TREASURER (AS OF 10/24) 1.00
Officer Director
$0 $0 $0
VARISH GOYAL OFFICER UNTIL 10/24, DIRECTOR 1.00
Director
$0 $0 $0
CHARLES C MCILVAINE OFFICER 1.00
Director
$0 $0 $0
LONNIE MCQUIRTER OFFICER 1.00
Director
$0 $0 $0
CHRIS BAMBURY DIRECTOR 1.00
Director
$0 $0 $0
FREDERIC CHAVEYRIAT DIRECTOR (UNTIL 3/24) 1.00
Director
$0 $0 $0
ANDREW CLYDE DIRECTOR 1.00
Director
$0 $0 $0
TERRY GALLAGHER DIRECTOR 1.00
Director
$0 $0 $0
RAYMOND M HUFF DIRECTOR 1.00
Director
$0 $0 $0
INA M MATTHEWS DIRECTOR (UNTIL 10/24) 1.00
Director
$0 $0 $0
ROBERT RAZOWSKY DIRECTOR 1.00
Director
$0 $0 $0
JIGAR PATEL DIRECTOR 1.00
Director
$0 $0 $0
RICHARD WOOD III DIRECTOR (UNTIL 10/24) 1.00
Director
$0 $0 $0
JOHN D JACKSON DIRECTOR (UNTIL 10/24) 1.00
Director
$0 $0 $0
BRIAN C MCCARTHY DIRECTOR 1.00
Director
$0 $0 $0
TONY MILLER DIRECTOR UNTIL 10/24, OFFICER 1.00
Director
$0 $0 $0
DAVID CHARLES SR SUPPLIER BOARD REP (UNTIL 10/24) 1.00
Director
$0 $0 $0
VITO MAURICI SUPPLIER BOARD REPRESENTATIVES 1.00
Director
$0 $0 $0
TOM BRENNAN DIRECTOR 1.00
Director
$0 $0 $0
NATALIE MORHOUS DIRECTOR 1.00
Director
$0 $0 $0
STANLEY REYNOLDS DIRECTOR 1.00
Director
$0 $0 $0
KRISTIN SEABROOK DIRECTOR 1.00
Director
$0 $0 $0
BABIR SULTAN DIRECTOR 1.00
Director
$0 $0 $0
MARK JORDAN DIRECTOR (AS OF 10/24) 1.00
Director
$0 $0 $0
LISA BLALOCK DIRECTOR (AS OF 10/24) 1.00
Director
$0 $0 $0
BRIAN DONALDSON DIRECTOR (AS OF 10/24) 1.00
Director
$0 $0 $0
ERIN GRAZIOSI DIRECTOR (AS OF 10/24) 1.00
Director
$0 $0 $0
BRYAN MORROW SUPPLIER BOARD REP (AS OF 10/24) 1.00
Director
$0 $0 $0
TRAVIS T SHEETZ DIRECTOR (AS OF 10/24) 1.00
Director
$0 $0 $0
DOUG YAWBERRY DIRECTOR (AS OF 10/24) 1.00
Director
$0 $0 $0
SCOTT ZIETLOW DIRECTOR (AS OF 10/24) 1.00
Director
$0 $0 $0
HENRY OGDEN ARMOUR PRESIDENT & CEO 36.50
Officer
$5,620,377 $73,030 $5,693,407
BRIAN E KIMMEL EXECUTIVE VP, COO AND CFO 36.50
Key Emp
$919,249 $69,094 $988,343
LYLE K BECKWITH SR. V.P., GOVERNMENT RELATIONS 37.50
Key Emp
$784,927 $67,742 $852,669
DOUGLAS STEPHEN KANTOR GENERAL COUNSEL 37.50
Key Emp
$704,102 $63,946 $768,048
LORI BUSS STILLMAN V.P., RESEARCH 36.50
Key Emp
$697,025 $31,050 $728,075
ROBERT J HUGHES VP, SUPPLIER RELATIONS/EXPOSITIONS 37.50
Key Emp
$479,147 $78,896 $558,043
JOHN EICHBERGER TEI EXECUTIVE DIRECTOR 5.00
Key Emp
$50,000 $42,442 $500,324
STEPHANIE SIKORSKI VICE PRESIDENT, MARKETING 37.50
Key Emp
$388,062 $41,609 $429,671
JEFFREY C BURRELL VICE PRESIDENT, ENGAGEMENT 37.50
Key Emp
$361,995 $17,153 $379,148
JOSEPH J LENARD VP, STRATEGIC INDUSTRY INITIATIVES 37.50
Key Emp
$336,689 $85,166 $421,855
ANNA READY BLOM DIRECTOR, GOVERNMENT RELATIONS 37.50
Highest
$371,865 $60,308 $432,173
CHRISTOPHER RAPANICK MANAGING DIRECTOR, NACS RESEARCH 37.50
Highest
$286,196 $43,488 $329,684
TED STEVEN ASPROOTH NATIONAL SALES MANAGER 37.50
Highest
$268,141 $40,606 $308,747
JONATHAN TAETS DIRECTOR, GOVERNMENT RELATIONS 37.50
Highest
$255,319 $51,573 $306,892
MATTHEW MORRIS - DIRECTOR COMPUTER AND NETWORK OPERATIONS 37.50
Highest
$223,996 $52,300 $276,296
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 $61,836,797 $60,431,961 $78,794,360 $1,404,836
2023 $50,087,305 $51,777,048 $76,445,621 $-1,689,743
2022 $46,405,862 $47,208,332 $71,760,201 $-802,470
2021 $56,800,862 $37,239,507 $81,131,547 $19,561,355
2020 $20,851,152 $33,850,986 $61,273,357 $-12,999,834
2019 $40,323,551 $37,002,667 $72,813,365 $3,320,884
2018 $39,302,800 $37,883,158 $62,493,507 $1,419,642
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NATIONAL ASSOCIATION OF CONVENIENCE STORES with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.