Overview
What is National Association Of Convenience Stores?
The National Association of Convenience Stores (NACS) is a nonprofit organization situated in Alexandria, Virginia. With a team of 68 employees, they dedicate their efforts to advocating for and representing the convenience retailing industry. NACS hosts several conferences and exhibitions, such as The NACS Show, which serves as a premier expo and convention for the convenience and fuel retailing sector. These events offer a wealth of resources through exhibitions, workshops, and networking opportunities, benefiting retailers and suppliers alike by disseminating knowledge, fostering connections, and championing industry advocacy. The mission of NACS is to provide the industry's members with the necessary knowledge, connections, and advocacy to enhance their effectiveness and profitability.
Official website here: www.convenience.org
Is National Association Of Convenience Stores legitimate?
National Association Of Convenience Stores is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Convenience Stores submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $10,240,706
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,359,461
For more financial information, click here
Official website here: www.convenience.org
What is the mission statement of National Association Of Convenience Stores?
The National Association of Convenience Stores (NACS) serves as an advocate for the convenience retailing industry. Its mission is to represent the interests of convenience and petroleum retailers and provide knowledge, connections, and advocacy to help members maximize their effectiveness and profitability. NACS holds several conferences and exhibitions, such as the NACS Show, which is the premier expo and convention for the convenience and fuel retailing industry. These events offer numerous exhibits, workshops, and networking opportunities, allowing retailers and suppliers to benefit through the exchange of knowledge, the strengthening of connections, and advocacy on behalf of the industry.
Official website here: www.convenience.org
Who is the CEO of National Association Of Convenience Stores?
Henry Ogden Armour is the CEO of National Association Of Convenience Stores The CEO's salary of National Association Of Convenience Stores is $5,219,063 and their total compensation is $5,288,750.
Official website here: www.convenience.org
What is the revenue of National Association Of Convenience Stores?
National Association Of Convenience Stores's revenue in 2023 was $50,087,305.
Official website here: www.convenience.org
Who are the executives of National Association Of Convenience Stores and what are their salaries?
The average compensation at National Association Of Convenience Stores during 2023 was $216,281. There are 86 employees and 356 volunteers at National Association Of Convenience Stores.
Here are 50 key members and their salaries (National Association Of Convenience Stores's CEO's salary is $5,219,063 and their total compensation is $5,288,750):
- Compensation: $5,219,063
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- Other: $69,687
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- Compensation: $762,765
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- Other: $63,854
- Compensation: $747,414
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- Other: $62,820
- Compensation: $668,598
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- Other: $58,930
- Compensation: $653,339
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- Other: $29,700
- Compensation: $460,183
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- Other: $72,800
- Compensation: $423,805
- Related: $0
- Other: $67,517
- Compensation: $387,414
- Related: $0
- Other: $41,377
- Compensation: $49,741
- Related: $348,191
- Other: $39,245
- Compensation: $316,411
- Related: $0
- Other: $80,383
- Compensation: $338,996
- Related: $0
- Other: $55,025
- Compensation: $253,131
- Related: $0
- Other: $46,057
- Compensation: $243,810
- Related: $0
- Other: $38,504
- Compensation: $217,533
- Related: $0
- Other: $44,965
- Compensation: $207,754
- Related: $0
- Other: $48,421
Official website here: www.convenience.org
Where can I find the form 990 for National Association Of Convenience Stores?
National Association Of Convenience Stores's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.convenience.org
Learn more at the official website: www.convenience.org
Mission Statement of National Association Of Convenience Stores
The National Association of Convenience Stores (NACS) is a leading advocate for the convenience retailing industry. With a mission to represent and support its members, NACS strives to maximize their effectiveness and profitability within the industry. This organization plays a crucial role in advancing the convenience store and fuel retailing sector through various means.
NACS is renowned for holding several conferences and exhibitions to promote the convenience store industry. Among these events, The NACS Show stands out as the premier expo and convention. This event offers a multitude of benefits to both retailers and suppliers in attendance. By disseminating knowledge, facilitating connections, and advocating on behalf of the convenience and fuel retailing industry, NACS enables its members to thrive and grow.
The NACS Show features a vast array of exhibits, workshops, and networking opportunities. Retailers and suppliers can engage with industry experts, learn about the latest trends, and explore innovative solutions to enhance their operations. By leveraging these resources, attendees can expand their industry knowledge and forge valuable connections, ultimately driving growth and success within the convenience retailing industry.
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Impact
October, 2024
The National Association of Convenience Stores (NACS) plays a crucial role in advocating for the convenience retailing industry. By organizing events such as the NACS Show, it provides a platform for retailers and suppliers to showcase products, learn from workshops, and foster valuable networking connections. This focus on education and relationship-building empowers members to enhance their operations and profitability.
NACS's commitment to disseminating knowledge and advocacy is essential for navigating industry challenges and opportunities. By representing the interests of the convenience and petroleum retailing sectors, NACS helps shape policies and practices that impact community development and economic growth. Their efforts not only advance the industry but also contribute to improvements within local communities.
This information is meant to be a general summary of National Association Of Convenience Stores. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,043,993
- Program Service Revenue: $48,317,024
- Gross Receipts: $59,740,808
Assets and Liabilities:
- Total Assets: $71,760,201
- Total Liabilities: $13,143,990
- Net Assets: $58,616,211
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTIONS & EXPOS
Revenue
$23,289,705
COMMITTEE REVENUE
Revenue
$13,173,031
MEMBERSHIP DUES
Revenue
$8,726,251
PUBLICATIONS
Revenue
$2,409,161
ASSOCIATION ADMINISTRATION
Revenue
$718,876
Organization Details
Founding Year
1961
Principal Officer
Henry O Armour
Website
www.convenience.orgNTEE Category
Code: S41 - Community improvement
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