Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | EFFECTIVE JULY 1, 2020, THE ASSOCIATION DELEGATED THE MANAGEMENT OF ITS DAILY OPERATIONS TO SMITHBUCKLIN CORPORATION IN CHICAGO. SMITHBUCKLIN CORPORATION IS A MANAGEMENT COMPANY WHICH MANAGES ALL ASPECTS OF THE ASSOCIATION IN ACCORDANCE WITH THE ASSOCIATION'S BYLAWS AND POLICIES. OPERATIONS MAY INCLUDE, BUT ARE NOT LIMITED TO, ADMINISTRATION, MEMBERSHIP, FINANCE AND ACCOUNTING, CONVENTION / TRADESHOW / MEETING PLANNING, EDUCATION, MARKETING, AND INFORMATION TECHNOLOGY. SMITHBUCKLIN CORPORATION EMPLOYEES PROVIDE THESE SERVICES. PREVIOUSLY, THE ASSOCIATION WAS SELF MANAGED; HOWEVER, ALL EMPLOYEES OF THE ASSOCIATION WERE EMPLOYED AND PAID THROUGH TRINET AS A PROFESSIONAL EMPLOYER ORGANIZATION (PEO). |
| FORM 990, PART VI, SECTION A, LINE 6 | IABC HAS THREE CLASSES OF MEMBERSHIP INCLUDING PROFESSIONAL, STUDENT, AND AFFILIATE. |
| FORM 990, PART VI, SECTION A, LINE 7A | IABC'S BOARD OF DIRECTORS IS ELECTED BY A VOTE OF ITS PROFESSIONAL MEMBER DELEGATES TAKEN AT ITS ANNUAL GENERAL MEMBERSHIP MEETING HELD IN CONJUNCTION WITH THE WORLD CONFERENCE. |
| FORM 990, PART VI, SECTION A, LINE 7B | AMENDMENTS TO IABC'S BYLAWS OR THE DISSOLUTION OF THE ASSOCIATION REQUIRE AN AFFIRMATIVE VOTE BY TWO-THIRDS MAJORITY OF ITS PROFESSIONAL MEMBER DELEGATES. |
| FORM 990, PART VI, SECTION B, LINE 11B | IABC'S FORM 990 IS PREPARED BY INDEPENDENT PUBLIC ACCOUNTANTS AND SUBMITTED TO ITS MANAGEMENT COMPANY FOR INITIAL REVIEW. THE FORM IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY IABC'S BOARD OF DIRECTORS IS PROVIDED WITH A COPY OF THE ASSOCIATION'S CONFLICT OF INTEREST POLICY AT WHICH TIME THE DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICTS THAT FALL WITHIN THE POLICY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPOON WRITTEN REQUEST. |
| FORM 990, PART IX, LINE 11G | CONFERENCES, SEMINARS, AND EVENTS 396,258. OTHER 274,063. |
| FORM 990, PART XI, LINE 9: | LOSS ON FOREIGN CURRENCY TRANSACTIONS -82,786. |
| FORM 990, PART XII, LINE 2C | IABC'S AUDIT AND RISK COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. |
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| Software Version: |
| Name | Address | EIN | Name control |
|---|---|---|---|
| INTERNATIONAL ASSOCIATION OF BUSINESS COMMUNICATORS |
330 NORTH WABASH AVENUE SUITE 2000 CHICAGO, IL 60611 |
03-4080669 |
INTE |