International Design Continuing Education Council (Idcec)

“SECTION B QUESTION 11A: A COPY OF FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT CPA FIRM PRIOR TO FILING. QUESTION 12: FOR 2015, THERE WERE NO CONFLICTS DISCLOSED; HOWEVER IN THE EVENT OF A POTENTIAL CONFLICT, A DIRECTOR SHALL DECLARE THE POTENTIAL CONFLICT OF INTEREST AT A MEETING OF THE BOARD, AFTER WHICH THE DIRECTOR BECAME AWARE OF SUCH POTENTIAL CONFLICT. THE DIRECTOR SHALL NOT PARTICIPATE DIRECTLY OR INDIRECTLY IN A DISCUSSION. SUCH DECLARATION AND ABSENCE SHALL BE RECORDED IN THE MINUTES. QUESTION 14: All of IDCEC'S correspondence and business with customers/members takes place via THEIR website and CRM system. All information on customer's accounts, and their records are stored in IDCEC'S CRM system. Customer payment information (none of which is stored locally) is housed on IDCEC'S Moneris pay page. Email is stored offsite and accessed by a remote desktop/Outlook webmail. The accounting system is on an officer's computer, and the data is back up daily to a separate local storage, and copied over to be stored on the same remote server as the email. Paper course submissions are stored for the period of 6 years, and all payment information collected from customers were destroyed once processed through Moneris. QUESTION 15A & B: THE CORPORATION PERFORMS AN ANNUAL REVIEW OF COMPENSATION AND REFERS TO THE "ASSOCIATION OF EXECUTIVE BENEFITS AND COMPENSATION REPORT" WHICH IS ISSUED BY THE CANADIAN SOCIETY OF ASSOCIATION EXECUTIVES. THIS IS A REPORT BASED ON BENCHMARKING OF SALARIES AND BENEFITS FOR THE NOT-FOR-PROFIT SECTOR IN CANADA.”

“Section c question 19: form 1024, 990 and 990-t, governing documents, and conflict of interest policy are available upon request. In addition, financial statements are available upon request. Form 990 part vii no employees existed within the united states; however, the organization employed three employees outside of the united states. Compensation is reported using translation from canadian dollars to u.s. Dollars using an average rate of conversion of .7524.”

“Question 12a: idcec is audited in accordance with canadian generally accepted auditing standards. Form 990 part v question 2a: idcec's office is physically located in canada. As such, employees are canadian residents subject to canadian payroll law. Form 990 part vi section a question 6: the core members of idcec are specified in the organizational documents. They include the following organization and their successors: - american association of interior designers, inc. (asid) - interior designers of canada (idc) - international interior design association (iida) additional levels of membership are available based on various considerations. - an associate member is a membership organization closely related to the interior design niche. - a provider member is an organization, company or individual that frequently provides education programs appropriate for interior designers. - an affiliate member is a company, regulatory board, or other organization. Question 7a: core members are entitled to appoint one director to the advisory council. Question 7b: only core members shall be entitled to vote on the following issues: 1. Any amendment of governing documents 2. Any single expenditure in excess of $10,000 3. Suspension or termination of any core member 4. Selection and engagement of staff 5. Any additional terms and conditions of core membership”

“Reconciliation of net assets question 9: loss on foreign exchange $69,414 other changes in net assets translation from canadian dollars to us dollars was performed using the average rate of conversion of .7524 for part viii and part ix, and the ending rate of conversion of .7212 for the balance sheet.”