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Organizations Specialty Equipment Market Association & Performance Racing Inc.

Specialty Equipment Market Association & Performance Racing Inc.

Fiscal year ending 2024. Filed on February 17, 2025.

1575 South Valley Vista Dr
Diamond Bar, California 91765

Specialty Equipment Market Association & Performance Racing Inc. (EIN: 95-2544340) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Specialty Equipment Market Association & Performance Racing Inc., a 501(c)(6) business league, reported compensation for 12 out of 192 total employees. Among the employees shown here, the average compensation is $408,896. The highest compensated employee at Specialty Equipment Market Association & Performance Racing Inc. is Mike Spagnola with fiscal year 2024 compensation of $674,791.

Revenue, expenses, and employee compensation

Revenue

$51,625,053

Expenses

$49,141,494

Employee compensation

$17,245,731
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mike Spagnola
President and Chief Executive Officer
$674,791
$643,791 No related comp$31,000
William Miller
Senior Vice President, Operations (Thru 07/23)
$649,355
$618,009 No related comp$31,346
Christopher J Kersting
Former CEO and President
$468,750
$468,750 No related compNo other comp
Karen Bailey-Chapman
Vice President, Gov'T and Legal Affairs
$449,190
$426,340 No related comp$22,850
George Afremow
Vice President and CFO (Thru 05/24)
$388,963
$357,923 No related comp$31,040
Rj de Vera
Vice President, Marketing
$356,002
$333,759 No related comp$22,243
Tom Gattuso
Vice President, Events
$347,061
$317,061 No related comp$30,000
Zane Clark Vice President
Councils and Membership
$327,400
$304,900 No related comp$22,500
Warren Kosikov
Vice President, Sales
$314,960
$284,960 No related comp$30,000
Darin D Mraz
SR Director IT
$261,017
$240,017 No related comp$21,000
Jim Liaw
General Manager, PRI
$260,367
$243,764 No related comp$16,603
Ryan Stutzman
CFO (AS of 05/24)
$0

Benchmark Employee Compensation

Non-Employee Board Members

Brian Reese
Board Member
James Lawrence Chair Thru 07
23),Im PAST Chair/Sec(As of 07/23)
Kathryn Reinhardt
Board Member
Kim Pendergast
Board Member
Kyle Fickler Chair Elect Thru
07/23), Chairman (AS of 07/23)
Larry Montante
Board Member
Lindsey Hubley
Board Member
Marcus Umlauff
Board Member (AS of 7/23)
Melanie White Board Mem Thru
07/23), Chair Elect (AS of 07/23)
Norris Marshall
Board Member
Rich Butler
Board Member
Steve Whipple
Board Member

Contractors

Brentwood Communications International I
Tv and Film Studio
$751,776
Alford Media Services LLC
Event Production
$661,158
Webster Chamberlain & Bean LLP
Legal
$543,209
Benel Solutions LLC
Software Support
$542,101
Lucid Media Inc.
Event Production
$397,644

Mission Statement

SEMA'S MISSION IS TO HELP OUR MEMBERS' BUSINESSES SUCCEED AND PROSPER. OUR MEMBERS ARE THE PRODUCERS AND MARKETERS OF SPECIALTY EQUIPMENT PRODUCTS AND SERVICES FOR THE AUTOMOTIVE AFTERMARKET. WE WILL DO THIS BY: A. PROACTIVE LEADERSHIP IN OUR INDUSTRY TO HELP IT EXPAND DOMESTICALLY AND WORLDWIDE. B. DELIVERING PROGRAMS, ACTIVITIES AND INFORMATION IN RESPONSE TO THE ONGOING AND EMERGING NEEDS OF OUR MEMBERS. C. EMPHASIZING EDUCATION TO HELP MEMBERS FOCUS ON AND ACHIEVE ACCEPTABLE WORLD-CLASS QUALITY STANDARDS. D. LEGISLATIVE AND REGULATORY ADVOCACY. E. PRODUCING THE INDUSTRY'S LEADING TRADE SHOW.

Revisions to this organization profile

February 17, 2025:
2024 Specialty Equipment Market Association & Performance Racing Inc. 990 filed
May 1, 2024:
2023 Specialty Equipment Market Association & Performance Racing Inc. 990 filed
May 9, 2023:
2022 Specialty Equipment Market Association & Performance Racing Inc. 990 filed

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