Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
990 • Fiscal year 2018 • EIN 20-8216579
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
43rd percentile
Higher debt load relative to assets than 43% of similar nonprofits.
Liabilities / Revenue
39th percentile
Higher debt load relative to revenue than 39% of similar nonprofits.
Net Margin
73rd percentile
Higher net margin than 73% of similar nonprofits.
Top Officer Pay
10th percentile
Higher top officer pay than 10% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Assets
Up$5,241,971
Up $426,281 (+8.9%) from 2017
Net Assets
Up$4,243,498
Up $359,514 (+9.3%) from 2017
Liabilities
Up$998,473
Up $66,767 (+7.2%) from 2017
Revenue
Up$4,782,245
Up $81,959 (+1.7%) from 2017
Expenses
Down$4,230,586
Down $33,987 (-0.8%) from 2017
Net Income
Up$551,659
Up $115,946 (+27%) from 2017
An association of insurance and financial services industry-meeting planners who exchange proven meeting management techniques and explore trends and new ideas that may enhance the value of conferences.
Financial and insurance services industry conference planners who share meeting techniques and ideas
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $2,571,335 | $2,747,660 | ▲ $176,325 |
| Savings and Temporary Cash Investments | $583,011 | $1,787,104 | ▲ $1,204,093 |
| Cash and Non-Interest-Bearing Accounts | $1,577,774 | $581,813 | ▼ $995,961 |
| Prepaid Expenses and Deferred Charges | $64,651 | $106,501 | ▲ $41,850 |
| Land, Buildings, and Equipment, Net | $17,944 | $11,611 | ▼ $6,333 |
| Pledges and Grants Receivable | - | $1,320 | - |
| Total Assets | $4,815,690 | $5,241,971 | ▲ $426,281 |
| Other Assets Total | $975 | $5,962 | ▲ $4,987 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $609,508 | $692,843 | ▲ $83,335 |
| Deferred Revenue | $322,198 | $305,630 | ▼ $16,568 |
| Total Liabilities | $931,706 | $998,473 | ▲ $66,767 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $3,883,984 | $4,243,498 | ▲ $359,514 |
| Total Net Assets Fund Balance | $3,883,984 | $4,243,498 | ▲ $359,514 |
| Total Liabilities and Net Assets / Fund Balance | $4,815,690 | $5,241,971 | ▲ $426,281 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $11,611 | $7,389 | $19,000 |
| Name | Title |
|---|---|
| Joe Scully | Chair |
| Marcia Merando | Chair-Elect |
| Caryn Taylor Lucia | Past Chair |
| Erin Longo | Director |
| Katie Senkowski | Director |
| Lynn Schwandt | Director |
| Michael Burke | Director |
| Sherri Lindenberg | Director |
| Wayne Robinson | Director |
| Steve Bova | Executive Director |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| SmithBucklin Corporation | management | 330 N Wabash Avenue, Chicago, IL 60611 | $1,736,503 |
| Contribution Type | Contribution Count | Reported Amount |
|---|---|---|
| Other Non Cash Contri Table | 7 | $390,004 |
| Other Non Cash Contri Table | 1 | $20,000 |
| Total Noncash Contributions | 8 | $410,004 |
| Line Item | Amount |
|---|---|
| Other Expenses | $4,230,586 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | - | - | - | $1,736,503 |
| Conferences and Meetings | - | - | - | $1,610,111 |
| Office Expenses | - | - | - | $121,262 |
| Advertising | - | - | - | $63,301 |
| Travel | - | - | - | $31,423 |
| Insurance | - | - | - | $25,487 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $19,478 |
| Other Expenses | - | - | - | $19,420 |
| Fees for Services Accounting | - | - | - | $10,500 |
| Depreciation Depletion | - | - | - | $6,333 |
| Total Functional Expenses | $0 | $0 | $0 | $4,230,586 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $4,397,891 |
| Expenses per Audited Statements | $4,230,586 |
| Total Expenses per Form 990 | $4,230,586 |
| Expenses Not Reported on Form 990 | $167,305 |
| Expenses Not Reported on Financial Statements | $0 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| North America | Conference in Vancouver and Summer Symposium in Toronto | Financial and insurance services industry conference | 0 | 0 | $364,862 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Executive Director | Steve Bova, Executive Director, is employed and paid by SmithBucklin, the association management company engaged by the Association. The total management fees for all services rendered in 2018 by the company were $1,736,503. | No | $1,736,503 |
“The Association engaged SmithBucklin, an association management company that provided management services and headquarter facilities. During 2017, the Management company was paid $1,528,859 for services and facilities.”
“Membership in the Association consists of active members, honorary members, and hospitality partners.”
“Members elect the Board of Directors at the annual meeting.”
“The Form 990 and related schedules were reviewed by the Executive Director, Accounting Manager and Staff Accountant. The 990 was provided to the Board of Directors prior to filing.”
“Each volunteer is required to sign the conflict of interest policy on an annual basis. The policy is a part of the employee training process.”
“Governing documents are made available upon request”
“FIN 48 Note from Audited Financial Statements The Association was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(6). The taxexempt purpose of the Association and the nature in which it operates is described above. Management believes the Association continues to operate in compliance with its tax-exempt purpose. Thus, no provision for income tax has been provided for in the financial statements. The Association's Form 990, Return of Organization Exempt from Income Tax, are subject to examination by the IRS, generally for three years after they have been filed. The Association has adopted the requirements for accounting for uncertain tax positions and management has determined that the Association was not required to record a liability related to uncertain tax positions as of December 31, 2018 and 2017.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 609508 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 692843 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Financial and insurance services industry conference planners who share meeting techniques and ideas |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 63301 |
| IRS990/AllOtherContributionsAmt | 0 | 554504 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Steve Bova |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3126734805 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 330 N Wabash Suite 2000 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Chicago |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60611 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 1 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1577774 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 581813 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 1610111 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 1736503 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 330 N Wabash Avenue |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | Chicago |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 60611 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | SmithBucklin Corporation |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | management |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 554504 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 97027 |
| IRS990/CYOtherExpensesAmt | 0 | 4230586 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 4130714 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 551659 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 4230586 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4782245 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 322198 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 305630 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 6333 |
| IRS990/Desc | 0 | The Association promotes the professional stature, competence and career growth of its members and emphasizes effective communications with those in the hospitality industry. The Association provides best practices information, education and networking opportunities to members, increasing their success and strategic value to their companies. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 10500 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 1736503 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 19478 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Joe Scully |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Marcia Merando |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Caryn Taylor Lucia |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Michael Burke |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Sherri Lindenberg |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Erin Longo |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Wayne Robinson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Lynn Schwandt |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Katie Senkowski |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Steve Bova |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Chair-Elect |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Past Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Executive Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1957 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 4782245 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 25487 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 97027 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 97027 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 2571335 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2747660 |
| IRS990/IRPDocumentCnt | 0 | 16 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 7389 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 17944 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 11611 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 19000 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Association of financial and insurance conference planners who exchange meeting techniques and explore trends and new ideas that may enhance the value of conferences. The Association also promotes the professional stature of those in the hospitality industry. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3883984 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4243498 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 9709 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -192145 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 410004 |
| IRS990/NondeductibleContributionsInd | 0 | 1 |
| IRS990/NondeductibleContriDisclInd | 0 | 1 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 121262 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 975 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 5962 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Education Forum |
| IRS990/OtherExpensesGrp/Desc | 1 | Symposium |
| IRS990/OtherExpensesGrp/Desc | 2 | Membership services |
| IRS990/OtherExpensesGrp/Desc | 3 | Board meetings |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 296177 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 159715 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 130876 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 19420 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1320 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 64651 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 106501 |
| IRS990/PrincipalOfficerNm | 0 | Steve Bova |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 541800 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Annual Conference |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Education Forum |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Member dues |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Symposia |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | Advertising |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2728038 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 534046 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 464346 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 333605 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2728038 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 534046 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 464346 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 333605 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 70679 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 70679 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 756800 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 79003 |
| IRS990/PYOtherExpensesAmt | 0 | 4264573 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3864483 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 435713 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 4264573 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 4700286 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 551659 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 583011 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1787104 |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 1 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 167305 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 167305 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 167305 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 4230586 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -192145 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 11611 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 7389 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 19000 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -24840 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 4782245 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | FIN 48 Note from Audited Financial Statements The Association was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(6). The taxexempt purpose of the Association and the nature in which it operates is described above. Management believes the Association continues to operate in compliance with its tax-exempt purpose. Thus, no provision for income tax has been provided for in the financial statements. The Association's Form 990, Return of Organization Exempt from Income Tax, are subject to examination by the IRS, generally for three years after they have been filed. The Association has adopted the requirements for accounting for uncertain tax positions and management has determined that the Association was not required to record a liability related to uncertain tax positions as of December 31, 2018 and 2017. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 11611 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 4230586 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 4782245 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 4757405 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 4397891 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 0 | 364862 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | North America |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 0 | Financial and insurance services industry conference |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | Conference in Vancouver and Summer Symposium in Toronto |
| IRS990ScheduleF/BoycottCountriesInd | 0 | 0 |
| IRS990ScheduleF/ContinuationSpentAmt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | 0 |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | 0 |
| IRS990ScheduleF/InterestInForeignTrustInd | 0 | 0 |
| IRS990ScheduleF/PassiveForeignInvestmestCoInd | 0 | 0 |
| IRS990ScheduleF/SubtotalEmployeesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalOfficesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalSpentAmt | 0 | 364862 |
| IRS990ScheduleF/TotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/TotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/TotalSpentAmt | 0 | 364862 |
| IRS990ScheduleF/TransferToForeignCorpInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | Steve Bova |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | Executive Director |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 1736503 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | Steve Bova, Executive Director, is employed and paid by SmithBucklin, the association management company engaged by the Association. The total management fees for all services rendered in 2018 by the company were $1,736,503. |
| IRS990ScheduleM/AnyPropertyThatMustBeHeldInd | 0 | 0 |
| IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt | 0 | 7 |
| IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt | 1 | 1 |
| IRS990ScheduleM/OtherNonCashContriTableGrp/Desc | 0 | Food, Beverages, Entrainmnet for Event |
| IRS990ScheduleM/OtherNonCashContriTableGrp/Desc | 1 | Tourism |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd | 1 | X |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt | 0 | 390004 |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt | 1 | 20000 |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | 0 |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Association engaged SmithBucklin, an association management company that provided management services and headquarter facilities. During 2017, the Management company was paid $1,528,859 for services and facilities. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Membership in the Association consists of active members, honorary members, and hospitality partners. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Members elect the Board of Directors at the annual meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The Form 990 and related schedules were reviewed by the Executive Director, Accounting Manager and Staff Accountant. The 990 was provided to the Board of Directors prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Each volunteer is required to sign the conflict of interest policy on an annual basis. The policy is a part of the employee training process. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Governing documents are made available upon request |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section C, line 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 4815690 |
| IRS990/TotalAssetsEOYAmt | 0 | 5241971 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 4815690 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 5241971 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 554504 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 4230586 |
| IRS990/TotalGrossUBIAmt | 0 | 70679 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 931706 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 998473 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 931706 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 998473 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 3883984 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 4243498 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 4130714 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 97027 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4060035 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 4782245 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 70679 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 4815690 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 5241971 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 31423 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 1 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 3883984 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 4243498 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 330 North Wabash No 2000 |
| IRS990/USAddress/CityNm | 0 | Chicago |
| IRS990/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/USAddress/ZIPCd | 0 | 60611 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | www.ficpnet.com |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2020-01-14 16:20:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Steve Bova |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3122451023 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-10-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Financial & Insurance Conference |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | Professionals |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FINA |
| ReturnHeader/Filer/EIN | 0 | 208216579 |
| ReturnHeader/Filer/PhoneNum | 0 | 3122451023 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.