Civic Intelligence

Financial & Insurance Conference Professionals

990 • Fiscal year 2019 • EIN 20-8216579

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 02, 2020

Organization Profilewww.ficpnet.com
330 North Wabash Avenue No 2000Chicago, IL 60611

(312) 245-1023

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.06x

Higher debt load relative to assets than 22% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

19th percentile

0.07x

Higher debt load relative to revenue than 19% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Net Margin

75th percentile

12%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Asset Growth

43rd percentile

4.2%

Faster asset growth than 43% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-1.5%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$5,463,371

Up $221,400 (+4.2%) from 2018

Net Assets

Up

$5,119,369

Up $875,871 (+21%) from 2018

Liabilities

Down

$344,002

Down $654,471 (-66%) from 2018

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin75th percentile

Revenue

Down

$4,708,837

Down $73,408 (-1.5%) from 2018

Expenses

Down

$4,160,906

Down $69,680 (-1.6%) from 2018

Net Income

Down

$547,931

Down $3,728 (-0.7%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,396,924Liabilities 2010: $593,043Net Assets 2010: $1,803,8812010Assets 2011: $2,581,986Liabilities 2011: $394,753Net Assets 2011: $2,187,2332011Assets 2012: $2,499,750Liabilities 2012: $203,326Net Assets 2012: $2,296,4242012Assets 2013: $2,855,632Liabilities 2013: $365,689Net Assets 2013: $2,489,9432013Assets 2014: $3,140,977Liabilities 2014: $232,234Net Assets 2014: $2,908,7432014Assets 2015: $3,572,436Liabilities 2015: $574,586Net Assets 2015: $2,997,8502015Assets 2016: $3,598,570Liabilities 2016: $315,041Net Assets 2016: $3,283,5292016Assets 2017: $4,815,690Liabilities 2017: $931,706Net Assets 2017: $3,883,9842017Assets 2018: $5,241,971Liabilities 2018: $998,473Net Assets 2018: $4,243,4982018Assets 2019: $5,463,371Liabilities 2019: $344,002Net Assets 2019: $5,119,3692019Assets 2020: $6,028,603Liabilities 2020: $440,436Net Assets 2020: $5,588,1672020Assets 2021: $5,858,048Liabilities 2021: $304,591Net Assets 2021: $5,553,4572021Assets 2022: $5,587,982Liabilities 2022: $806,745Net Assets 2022: $4,781,2372022Assets 2023: $5,785,778Liabilities 2023: $549,715Net Assets 2023: $5,236,0632023Assets 2024: $6,834,121Liabilities 2024: $1,026,018Net Assets 2024: $5,808,1032024

Highlighted filing

2019

Assets$5,463,371
Liabilities$344,002
Net Assets$5,119,369
Open 2019 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,129,9522010Revenue 2011: $2,693,830Expenses 2011: $2,297,961Net Income 2011: $395,8692011Expenses 2012: $3,025,6472012Revenue 2013: $3,231,236Expenses 2013: $3,087,904Net Income 2013: $143,3322013Revenue 2014: $3,388,013Expenses 2014: $2,957,089Net Income 2014: $430,9242014Revenue 2015: $3,478,962Expenses 2015: $3,279,896Net Income 2015: $199,0662015Revenue 2016: $4,158,398Expenses 2016: $3,919,388Net Income 2016: $239,0102016Revenue 2017: $4,700,286Expenses 2017: $4,264,573Net Income 2017: $435,7132017Revenue 2018: $4,782,245Expenses 2018: $4,230,586Net Income 2018: $551,6592018Revenue 2019: $4,708,837Expenses 2019: $4,160,906Net Income 2019: $547,9312019Revenue 2020: $2,400,047Expenses 2020: $2,147,985Net Income 2020: $252,0622020Revenue 2021: $2,460,356Expenses 2021: $2,681,043Net Income 2021: -$220,6872021Revenue 2022: $4,243,498Expenses 2022: $4,260,364Net Income 2022: -$16,8662022Revenue 2023: $4,559,745Expenses 2023: $4,458,887Net Income 2023: $100,8582023Revenue 2024: $5,360,031Expenses 2024: $4,764,475Net Income 2024: $595,5562024

Highlighted filing

2019

Revenue$4,708,837
Expenses$4,160,906
Net Income$547,931
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 2, 2020
Return Version
2019v5.1
Gross Receipts
$4,708,837
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,747,660$3,370,956▲ $623,296
Savings and Temporary Cash Investments$1,787,104$1,519,332▼ $267,772
Cash and Non-Interest-Bearing Accounts$581,813$407,179▼ $174,634
Prepaid Expenses and Deferred Charges$106,501$156,836▲ $50,335
Land, Buildings, and Equipment, Net$11,611$5,278▼ $6,333
Accounts Receivable$1,320$1,789▲ $469
Total Assets$5,241,971$5,463,371▲ $221,400
Other Assets Total$5,962$2,001▼ $3,961
Liabilities
Deferred Revenue$305,630$265,808▼ $39,822
Accounts Payable and Accrued Expenses$692,843$78,194▼ $614,649
Total Liabilities$998,473$344,002▼ $654,471
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,243,498$5,119,369▲ $875,871
Total Net Assets Fund Balance$4,243,498$5,119,369▲ $875,871
Total Liabilities and Net Assets / Fund Balance$5,241,971$5,463,371▲ $221,400

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,278$13,722$19,000
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Wayne RobinsonChair
Michael BurkeChair-Elect
Marcia MerandoPast Chair
Allison CooperDirector
Erin LongoDirector
Jennifer SquegliaDirector
Laura RodriguesDirector
Lynn SchwandtDirector
Meredith Clark BrewerDirector
Steve BovaExecutive Director

Highest Paid Contractors

ContractorServicesLocationCompensation
SmithBucklin Corporationmanagement330 N Wabash Avenue, Chicago, IL 60611$1,708,956
Revenue and Support

Revenue Composition

Contributions and Grants
$647,410
Program Service Revenue
$3,912,933
Investment Income
$148,494
Other Revenue
$0
All Other Contributions
$647,410
Change in Net Assets
$547,931

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table8$435,750
Total Noncash Contributions8$435,750

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,708,837
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$593,626
Total Revenue per Audited Statements
$5,302,463
Total Revenue per Form 990
$4,708,837
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,160,906
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$1,708,956
Conferences and Meetings---$1,404,547
Information Technology---$77,380
Advertising---$76,326
Other Expenses---$69,195
Office Expenses---$67,850
Travel---$30,922
Fees for Services Other---$25,771
Insurance---$25,710
Fees for Service Investment Mgmnt Fees---$24,869
Fees for Services Accounting---$10,500
Depreciation Depletion---$6,333
Total Functional Expenses$0$0$0$4,160,906

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,426,592
Total Expenses per Form 990$4,160,906
Expenses per Audited Statements$4,136,037
Expenses Not Reported on Form 990$290,555
Expenses Not Reported on Financial Statements$24,869
Other Expense Adjustments$24,869
International Activity

International Summary

Offices
0
Employees
0
Spending
$25,044

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North America - Canada and Mexico, but not the United StatesSummer Symposium in TorontoFinancial and insurance services industry conference00$25,044
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Executive DirectorSteve 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 2019 by the company were $1,708,956.No$1,708,956
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“The Association engaged SmithBucklin, an association management company that provided management services and headquarter facilities. During 2019, the Management company was paid $1,708,956 for services and facilities.”

Form 990, Part VI, Section A, line 6

“Membership in the Association consists of active members, honorary members, and hospitality partners.”

Form 990, Part VI, Section A, line 7A

“Members elect the Board of Directors at the annual meeting.”

Form 990, Part VI, Section B, line 11B

“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.”

Form 990, Part VI, Section B, line 12C

“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.”

Form 990, Part VI, Section C, line 19

“Governing documents are made available upon request”

Filing and Contact Details

Filer

Filer Name
Financial & Insurance Conference
EIN
20-8216579
Phone
3122451023
Address
330 North Wabash Avenue No 2000, Chicago, IL 60611

Signing Officer

Name
Steve Bova
Title
Executive Director
Phone
3122451023
Signed
2020-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Bova
Formed
1957
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
103

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Avenue, Chicago, IL 60643
Preparer
David J Rambo CPA
Phone
7737794720
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“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 tax-exempt purpose of the Association and the nature in which it operates is described in the first paragraph of this note. Management's assertion is that there are no uncertain tax positions and the Association continues to operate in compliance with its tax-exempt purpose. The Association is subject to income tax on its net unrelated business income after related expenses, arising from the sale of advertising. No provision for income taxes has been made for the years ended December 31, 2019 and 2018.”

Part XI, Line 2D - Other Adjustments:

“Investment fees -24,869.”

Part XII, Line 4B - Other Adjustments:

“Investmetn fees 24,869.”

Raw XML AppendixShowing 400 of 440 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherAssetsTotalGrp/BOYAmt05962
IRS990/OtherAssetsTotalGrp/EOYAmt02001
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Education Forum
IRS990/OtherExpensesGrp/Desc1Symposium
IRS990/OtherExpensesGrp/Desc2Membership services
IRS990/OtherExpensesGrp/Desc3Board meetings
IRS990/OtherExpensesGrp/TotalAmt0313987
IRS990/OtherExpensesGrp/TotalAmt1183761
IRS990/OtherExpensesGrp/TotalAmt2134799
IRS990/OtherExpensesGrp/TotalAmt369195
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0106501
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0156836
IRS990/PrincipalOfficerNm0Steve Bova
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4541800
IRS990/ProgramServiceRevenueGrp/Desc0Annual Conference
IRS990/ProgramServiceRevenueGrp/Desc1Education Forum
IRS990/ProgramServiceRevenueGrp/Desc2Member dues
IRS990/ProgramServiceRevenueGrp/Desc3Symposia
IRS990/ProgramServiceRevenueGrp/Desc4Advertising
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02521342
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1542500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2488347
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3290044
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02521342
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1542500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2488347
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3290044
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt470700
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt070700
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0554504
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt097027
IRS990/PYOtherExpensesAmt04230586
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04130714
IRS990/PYRevenuesLessExpensesAmt0551659
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04230586
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04782245
IRS990/ReconcilationRevenueExpnssAmt0547931
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01787104
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01519332
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0290555
IRS990ScheduleD/DonatedServicesUseFcltsAmt0290555
IRS990ScheduleD/ExpensesNotReportedAmt0290555
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt024869
IRS990ScheduleD/ExpensesSubtotalAmt04136037
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0327940
IRS990ScheduleD/OtherExpensesNotIncludedAmt024869
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05278
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013722
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt019000
IRS990ScheduleD/OtherRevenueAmt0-24869
IRS990ScheduleD/RevenueNotReportedAmt0593626
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04708837
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 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 tax-exempt purpose of the Association and the nature in which it operates is described in the first paragraph of this note. Management's assertion is that there are no uncertain tax positions and the Association continues to operate in compliance with its tax-exempt purpose. The Association is subject to income tax on its net unrelated business income after related expenses, arising from the sale of advertising. No provision for income taxes has been made for the years ended December 31, 2019 and 2018.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Investment fees -24,869.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Investmetn fees 24,869.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05278
IRS990ScheduleD/TotalExpensesPerForm990Amt04160906
IRS990ScheduleD/TotalRevenuePerForm990Amt04708837
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05302463
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04426592
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt025044
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0North America - Canada and Mexico, but not the United States
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Financial and insurance services industry conference
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Summer Symposium in Toronto
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt025044
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III Accounting Method:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt025044
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Steve Bova
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Executive Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01708956
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Steve 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 2019 by the company were $1,708,956.
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt08
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Food, Beverages, Entrainmnet for Event
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0435750
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Association engaged SmithBucklin, an association management company that provided management services and headquarter facilities. During 2019, the Management company was paid $1,708,956 for services and facilities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Membership in the Association consists of active members, honorary members, and hospitality partners.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members elect the Board of Directors at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 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/ExplanationTxt4Each 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/ExplanationTxt5Governing documents are made available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05241971
IRS990/TotalAssetsEOYAmt05463371
IRS990/TotalAssetsGrp/BOYAmt05241971
IRS990/TotalAssetsGrp/EOYAmt05463371
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0647410
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04160906
IRS990/TotalGrossUBIAmt070700
IRS990/TotalLiabilitiesBOYAmt0998473
IRS990/TotalLiabilitiesEOYAmt0344002
IRS990/TotalLiabilitiesGrp/BOYAmt0998473
IRS990/TotalLiabilitiesGrp/EOYAmt0344002
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04243498
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05119369
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt03912933
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0148494
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03842233
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04708837
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt070700
IRS990/TotalVolunteersCnt0103
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05241971
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05463371
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt030922
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0330 North Wabash Avenue No 2000
IRS990/USAddress/CityNm0Chicago
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060611

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,463,371
Liabilities
$344,002
Net assets
$5,119,369
Revenue
$4,708,837
Expenses
$4,160,906
Net income
$547,931
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.83$1.03$5.81$5.36$4.76$0.60
2023Detailed filing. Detailed filing data is available for this year.$5.79$0.55$5.24$4.56$4.46$0.10
2022Detailed filing. Detailed filing data is available for this year.$5.59$0.81$4.78$4.24$4.26$0.02
2021Detailed filing. Detailed filing data is available for this year.$5.86$0.30$5.55$2.46$2.68$0.22
2020Detailed filing. Detailed filing data is available for this year.$6.03$0.44$5.59$2.40$2.15$0.25
2019Detailed filing. Detailed filing data is available for this year.$5.46$0.34$5.12$4.71$4.16$0.55
2018Detailed filing. Detailed filing data is available for this year.$5.24$1.00$4.24$4.78$4.23$0.55
2017Summary only. Only limited summary data is available for this year.$4.82$0.93$3.88$4.70$4.26$0.44
2016Detailed filing. Detailed filing data is available for this year.$3.60$0.32$3.28$4.16$3.92$0.24
2015Detailed filing. Detailed filing data is available for this year.$3.57$0.57$3.00$3.48$3.28$0.20
2014Detailed filing. Detailed filing data is available for this year.$3.14$0.23$2.91$3.39$2.96$0.43
2013Detailed filing. Detailed filing data is available for this year.$2.86$0.37$2.49$3.23$3.09$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.20$2.30$3.03
2011Summary only. Only limited summary data is available for this year.$2.58$0.39$2.19$2.69$2.30$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$0.59$1.80$2.13