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Filing year 2023

SPECIALTY EQUIPMENT MARKET ASSOCIATION & PERFORMANCE RACING INC

Diamond Bar, California·EIN 95-2544340·501(c)(6)
Total revenue
$51.6M
Total assets
$144.9M
Total expenses
$49.1M
Reported officers
27
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President and CEO
Above 90th percentile
$675k
$746k
Base
$440k
Bonus
$168k
Other
$36k
Benefits
$1k
Senior Vp, Operations (thru 07/23)
Senior Vice President
Above 90th percentile
$649k
$718k
Base
$506k
Bonus
$108k
Other
$4k
Benefits
$1k
Former CEO & President
Former Officer/director/trustee
Above 90th percentile
$469k
$518k
Base
Bonus
Other
$469k
Benefits
Vp, Gov't & Legal Affairs
Board Vice President
Above 90th percentile
$449k
$496k
Base
$384k
Bonus
$35k
Other
$8k
Benefits
$3k
VP and CFO (thru 05/24)
Above 90th percentile
$389k
$430k
Base
$297k
Bonus
$28k
Other
$33k
Benefits
$1k
Vice President, Marketing
Board Vice President
Above 90th percentile
$356k
$393k
Base
$288k
Bonus
$38k
Other
$7k
Benefits
Vice President, Events
Board Vice President
Above 90th percentile
$347k
$383k
Base
$273k
Bonus
$35k
Other
$9k
Benefits
Councils & Membership
Highest Compensated Employee
75th to 90th percentile
$327k
$362k
Base
$279k
Bonus
$19k
Other
$7k
Benefits
Vice President, Sales
Board Vice President
75th to 90th percentile
$315k
$348k
Base
$244k
Bonus
$32k
Other
$8k
Benefits
Sr. Director IT
Chief Information Officer
Median to 75th percentile
$261k
$288k
Base
$210k
Bonus
$28k
Other
$2k
Benefits
$500
General Manager, Pri
General Manager
Median to 75th percentile
$260k
$288k
Base
$212k
Bonus
$32k
Other
$288
Benefits
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Up 8%
from 2022

From $626k in 2022 to $675k in 2023.

$626k
2022
$675k
2023
In today's dollarsEst.
Up 4% in real terms$716k to $746k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 10% from 2022 to 2023, while revenue rose 22%.

$612k in 2022 to $675k in 2023.
  • Senior Vice President pay rose 4% from 2022 to 2023.
  • Former Officer/director/trustee pay fell 23% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SPECIALTY EQUIPMENT MARKET ASSOCIATION & PERFORMANCE RACING INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$42.4M
$52.9M
2022
$51.6M
$49.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SPECIALTY EQUIPMENT MARKET ASSOCIATION & PERFORMANCE RACING INC

What does the Chief Executive Officer of SPECIALTY EQUIPMENT MARKET ASSOCIATION & PERFORMANCE RACING INC earn?

In 2023, the Chief Executive Officer of SPECIALTY EQUIPMENT MARKET ASSOCIATION & PERFORMANCE RACING INC received $674,791 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SPECIALTY EQUIPMENT MARKET ASSOCIATION & PERFORMANCE RACING INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at SPECIALTY EQUIPMENT MARKET ASSOCIATION & PERFORMANCE RACING INC falls in the top 10%.

What are SPECIALTY EQUIPMENT MARKET ASSOCIATION & PERFORMANCE RACING INC's revenue and expenses?

In 2023, SPECIALTY EQUIPMENT MARKET ASSOCIATION & PERFORMANCE RACING INC reported $51.6M in total revenue and $49.1M in total expenses on its IRS Form 990.

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