Organizations Filed Purposes:
NFIB RESEARCH FOUNDATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION CREATED UNDER THE TENNESSEE NONPROFIT CORPORATION ACT. IT IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES AS PERMITTED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), INCLUDING, FOR SUCH PURPOSES, MAKING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE CODE. THE FOUNDATION IS A SUPPORTING ORGANIZATION PURSUANT TO SECTION 509(A)(3) OF THE CODE AND IS ORGANIZED AND OPERATED FOR THE BENEFIT OF NATIONAL FEDERATION OF INDEPENDENT BUSINESS ("NFIB"), WHICH IS A 501(C)(6) ORGANIZATION. THE FOUNDATION IS ORGANIZED TO PROMOTE RESEARCH IN THE PUBLIC INTEREST, EDUCATION, AND DISSEMINATION OF INFORMATION REGARDING THE SOCIAL AND ECONOMIC CONDITIONS AFFECTING THE SMALL BUSINESS COMMUNITY FOR THE PURPOSE OF AIDING IN ITS DEVELOPMENT.
THE NFIB RESEARCH FOUNDATION'S MISSION IS TO CONDUCT RESEARCH ON TO CONDUCT RESEARCH ON POLICY-RELATED ISSUES AND BUSINESS PRACTICES AND THEIR ECONOMIC IMPACT ON SMALL BUSINESSES.
AT A MEETING OF THE BOARD OF DIRECTORS IN FEBRUARY 2017, A RESOLUTION WAS ADOPTED FOR THE DISSOLUTION AND TERMINATION OF NFIB RESEARCH FOUNDATION. AS PART OF THIS PROCESS, NON-CASH PROPERTY AND INTANGIBLE ASSETS OF THE CORPORATION WERE SOLD TO NATIONAL FEDERATION OF INDEPENDENT BUSINESS WHICH CONTINUES TO CARRY OUT THE PROGRAM ACTIVITES OF THE FORMER NFIB RESEARCH FOUNDATION. THE SALE TO NATIONAL FEDERATION OF INDEPENDENT BUSINESS WAS PURSUANT TO AN APPRAISAL BY AN INDEPENDENT THIRD PARTY TO ENSURE ASSETS WERE SOLD AT FAIR MARKET VALUE. ALL TRANSACTIONS TO EFFECT THE DISSOLUTION OF THE CORPORATION WERE COMPLETED AS OF OCTOBER 2017. CONTINUED RESEARCH PROGRAM ACTIVITES MAY BE FOUND IN A REVIEW OF NATIONAL FEDERATION OF INDEPENDENT BUSINESS IRS FORM 990.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Jeff Smith | TREASURER | 1 | $0 |
| Brad Close | SVP | 1 | $0 |
| Mary Blasinsky | SVP/ASST SECRETARY | 1 | $0 |
| David Addington | SVP/SECRETARY/CLO | 1 | $0 |
| Tammy S Boehms | PRESIDENT/CFO | 1 | $0 |
| Juanita D Duggan | DIRECTOR | 1 | $0 |
| Barbara Kniff-Mcculla | DIRECTOR | 0.25 | $0 |
| Sam Chamberlain | DIRECTOR | 0.25 | $0 |
| Greg Powell | DIRECTOR | 0.25 | $0 |
| Douglass Henry | DIRECTOR | 0.25 | $0 |
| Patti Mellard | DIRECTOR | 0.25 | $0 |
| Tom Bryce | DIRECTOR | 0.25 | $0 |
| Sherry Wuebben | DIRECTOR | 0.25 | $0 |
| Jose Villa | DIRECTOR | 0.25 | $0 |
| Jeff Ready | DIRECTOR | 0.25 | $0 |
| Kurt Summers | DIRECTOR | 0.25 | $0 |
| Steve Schramm | CHAIRMAN | 0.25 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201830719349301203_public.xml