Specialty Equipment Market Association & Performance Racing Inc
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.
Specialty Equipment Market Association & Performance Racing Inc at a glance
In short: Specialty Equipment Market Association & Performance Racing Inc gave $243K across 6 grants in 2025 (avg $41K), mostly in California. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $243,169
- -84.7% vs 2024
- Grants made (2025)
- 6
- -14.3% vs 2024
- Average grant
- $40,528
- -82.2% vs 2024
- Median grant
- $36,500
- Total assets
- $156,988,127
- +8.4% vs 2024
- Primary geography
- California (84% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Specialty Equipment Market Association & Performance Racing Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Sema Memorial Scholarship Fund ($110K). Together the top 6 received $243K.
Grant Size Distribution
36 grants across all recorded years
The most common grant size was under $50K: 24 grants of 36 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How Specialty Equipment Market Association & Performance Racing Inc gives
- Giving fell 88% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $243K (2025) to $3.5M (2021). In 2025 it made 6 grants totaling $243K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sema Memorial Scholarship Fund Diamond Bar, CA | To Sema Memorial Scholarship Fund | $109,859 |
| Sema Cal Pac Diamond Bar, CA | General Support | $43,310 |
| Off-Road Business Association Bakersfield, CA | Advocacy association formed to protect and preserve access to public lands for off-road recreation. | $40,000 |
| Automotive Aftermarket Charitable Foundation Orlando, FL | Provides resources for individuals and their families who have worked in the aftermarket and have come on difficult times financially. | $33,000 |
| Real Deal Revolution Long Beach, CA | Advocate Women Leadership | $10,000 |
| Automotive Hall of Fame Inc Dearborn, MI | General Support | $7,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $156,988,127 | $59,257,762 | $52,837,303 | $243,169 | 6 | $4,703,383 |
| 2024 | $144,882,010 | $51,625,053 | $49,141,494 | $1,593,593 | 7 | $2,890,707 |
| 2023 | $137,473,335 | $42,380,128 | $52,949,252 | $1,958,945 | 8 | $-1,931,569 |
| 2022 | $143,261,382 | $51,662,563 | $48,990,666 | $2,085,335 | 8 | $16,754,092 |
| 2021 | $151,136,909 | $20,614,542 | $28,643,673 | $3,494,027 | 7 | $15,675,715 |
| 2020 | $152,182,814 | $51,429,216 | $43,519,675 | $1,679,985 | 8 | $5,014,887 |
| 2019 | $153,743,762 | $50,406,157 | $41,892,514 | $1,241,251 | 4 | $5,264,671 |
About Specialty Equipment Market Association & Performance Racing Inc
Based on IRS filings
Specialty Equipment Market Association & Performance Racing Inc is a public charity, based in Diamond Bar, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $157.0M in total assets. In 2025, it awarded 6 grants totaling $243K. Net investment income was $4.7M.
Leadership & Key People
Officers and directors from IRS filings
Specialty Equipment Market Association & Performance Racing Inc is led by Mike Spagnola, President & CEO since 2022 (on filings since 2019); 10 of 28 officers listed in 2025 are compensated.
Officers on the 2025 filing
Mike Spagnola
President & CEO
Vice President Oem Relations → Vice President, Oem & Product Development Programs, 2021
Vice President, Oem & Product Development Programs → President & CEO, 2022
On filings since 2019
40 hrs/week
$278K (2019) → $587K (2025)
Michael Good
President & Pri
New on the 2025 filing
40 hrs/week
$261K (2025)
Kyle Fickler
Chairman
Chair Elect & Treasurer → Chair Elect, 2023
Chair Elect → Chairman, 2025
On filings since 2019
3 hrs/week
No compensation reported
Darin D. Mraz
Senior Director It
On filings since 2023
40 hrs/week
$211K (2023) → $239K (2025)
George Afremow
Former CFO
Vice President & CFO → Former CFO, 2025
On filings since 2019
40 hrs/week
$340K (2019) → $386K (2025)
William Miller
Former Senior Vice President & Operations
Co-Ceo, Senior Vice President & Ops → Senior Vice President & Operations, 2023
Senior Vice President & Operations → Former Senior Vice President & Operations, 2025
On filings since 2019
$491K (2019) → $218K (2025)
Tom Gattuso
Vice President & Events
On filings since 2020
40 hrs/week
$244K (2020) → $339K (2025)
Warren Kosikov
Vice President & Sales
On filings since 2022
40 hrs/week
$245K (2022) → $291K (2025)
Rj De Vera
Vice President & Marketing
On filings since 2023
40 hrs/week
$264K (2023) → $342K (2025)
Karen Bailey-Chapman
Vice President, Gov't & Legal Affairs
On filings since 2024
40 hrs/week
$426K (2024) → $444K (2025)
Ryan Stutzman
CFO
On filings since 2024
40 hrs/week
$183K (2025)
James Lawrence
Immediate Past Chair & Secretary
Chair Elect → Chairman, 2022
Chairman → Immediate Past Chair & Secretary, 2025
On filings since 2019
3 hrs/week
No compensation reported
Steve Whipple
Board Member
On filings since 2019
3 hrs/week
No compensation reported
Kathryn Reinhardt
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Melanie White
Chair Elect
Board Member → Chair Elect, 2025
On filings since 2020
3 hrs/week
No compensation reported
Kim Pendergast
Board Member
On filings since 2021
3 hrs/week
No compensation reported
Ted Wentz
Board Member
On filings since 2021
3 hrs/week
No compensation reported
Brian Reese
Board Member
On filings since 2022
3 hrs/week
No compensation reported
Larry Montante
Board Member
On filings since 2022
3 hrs/week
No compensation reported
Lindsey Hubley
Board Member
On filings since 2022
3 hrs/week
No compensation reported
Norris Marshall
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Rich Butler
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Marcus Umlauff
Board Member
On filings since 2024
3 hrs/week
No compensation reported
Tim McCarthy
Treasurer
On filings since 2024
3 hrs/week
No compensation reported
Bill Bader
Board Member
New on the 2025 filing
3 hrs/week
No compensation reported
Doug Lane
Board Member
New on the 2025 filing
3 hrs/week
No compensation reported
Kelly Oeste
Board Member
New on the 2025 filing
3 hrs/week
No compensation reported
Melissa Scoles
Board Member
New on the 2025 filing
3 hrs/week
No compensation reported
Former officers (33)
- Former: Christopher J. Kersting (2019–2024) — Former CEO & President
- Former: Jim Liaw (2023–2024) — General Manager & Pri
- Former: James Lawrence Chair (2024) — Im Past Chair & Secretary · Filing note: Thru 07
- Former: Kyle Fickler Chair Elect (2024) — Chairman · Filing note: Thru
- Former: Melanie White Board Mem (2024) — Chair Elect · Filing note: Thru
- Former: Tim Martin Immediate Past (2024) — Chair & Secretary
- Former: Zane Clark Vice President (2024) — Councils & Membership
- Former: Chris Douglas (2019–2023) — Board Member
- Former: Jamie Meyer (2019–2023) — President & Pri
- Former: Tim Martin (2019–2023) — Immediate Past Chair & Secretary
- Former: Bunyan Les Rudd Treasurer (2023) — Board Member
- Former: Daniel Ingber Vp Gov't (2023) — Legal Affairs
- Former: Nathan Ridnouer Vp Councils (2023) — Membership
- Former: Bunyan L. Les Rudd (2019–2022) — Treasurer
- Former: Ira Gabriel (2019–2022) — Vice President Marketing
- Former: Nathan Ridnouer (2019–2022) — Vice President
- Former: Daniel Ingber (2020–2022) — Vice President, Gov't & Legal Affairs
- Former: Alise Miner (2022) — Vice President
- Former: Steve Matusek (2022) — Treasurer
- Former: Brian Lounsberry (2019–2021) — Board Member
- Former: Dan Khan (2019–2021) — Board Member
- Former: Donnie Eatherly (2019–2021) — Board Member
- Former: Greg Adler (2019–2021) — Board Member
- Former: John Waraniak (2019–2021) — Vice President Vehicle Technology
- Former: Wade Kawasaki (2019–2021) — Immediate Past Chair & Secretary
- Former: Jayme Meyer (2021) — Former Board Member & President of Pri
- Former: Doug Evans (2019–2020) — Board Member
- Former: Peter Lehman (2019–2020) — Board Member
- Former: Jim Bingham (2019) — Board Member
- Former: Laurel Dasher (2019) — Board Member
- Former: Nick Gramelspacher (2019) — Board Member
- Former: Peter Macgillivray (2019) — Vice President Communications
- Former: Susan Carpenter (2019) — Board Member
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $587K, to Mike Spagnola (President and CEO). 10 officers or directors reported compensation on that filing.
Frequently asked questions about Specialty Equipment Market Association & Performance Racing Inc
How much does Specialty Equipment Market Association & Performance Racing Inc give each year?
Specialty Equipment Market Association & Performance Racing Inc gave $243K across 6 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.6M across 7 grants.
What is Specialty Equipment Market Association & Performance Racing Inc's typical grant size?
Specialty Equipment Market Association & Performance Racing Inc's median grant in 2025 was $36,500, and its average grant was $40,528, across 6 grants on its 2025 IRS Form 990.
Where does Specialty Equipment Market Association & Performance Racing Inc give grants?
Specialty Equipment Market Association & Performance Racing Inc gives mostly in California: 84% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Florida (14%). The most frequent recipient cities were Diamond Bar, CA (2 grants).
Does Specialty Equipment Market Association & Performance Racing Inc give general operating support?
Yes: 33% of Specialty Equipment Market Association & Performance Racing Inc's 2025 grants with a stated purpose (2 of 6) were for general or operating support, per its 2025 IRS Form 990.
Who are Specialty Equipment Market Association & Performance Racing Inc's largest grantees?
Specialty Equipment Market Association & Performance Racing Inc's largest 2025 grantees include Sema Memorial Scholarship Fund ($109,859), Sema Cal Pac ($43,310) and Off-Road Business Association ($40,000), according to its 2025 IRS Form 990. Together they received 79% of its itemized 2025 grant dollars.
How large is Specialty Equipment Market Association & Performance Racing Inc?
Specialty Equipment Market Association & Performance Racing Inc reported $157.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $59.3M.
What is Specialty Equipment Market Association & Performance Racing Inc's EIN?
Specialty Equipment Market Association & Performance Racing Inc's EIN (Employer Identification Number) is 95-2544340. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS March 17, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 1, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS February 17, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS February 20, 2026)
- IRS filings on file for fiscal years 2019–2025
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