INTER-INDUSTRY CONFERENCE ON AUTO COLLISION REPAIRS: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- INTER-INDUSTRY CONFERENCE ON AUTO COLLISION REPAIRS (EIN 36-3117579)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-07-22
- IRS object ID
- 202412049349300821
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-22T10:31:15-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363963131 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MANN WEITZ & ASSOCIATES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 570 LAKE COOK ROAD SUITE 330 | AddressLine1Txt |
| City | DEERFIELD | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60015 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363117579 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INTER-INDUSTRY CONFERENCE ON AUTO | BusinessNameLine1Txt |
| Business Name Line2 | COLLISION REPAIR | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INTE | BusinessNameControlTxt |
| Phone | 8475901198 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5125 TRILLIUM BLVD | AddressLine1Txt |
| City | HOFFMAN ESTATES | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60192 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS A MAREK | PersonNm |
| Person Title | VP FINANCE AND OPERATIONS | PersonTitleTxt |
| Phone | 8475901198 | PhoneNum |
| Signature | 2024-07-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | THOMAS | PersonFirstNm |
| Person Last | MAREK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARCY STEINDLER | PreparerPersonNm |
| PTIN | P00573131 | PTIN |
| Phone | 8472673400 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN VAN ALSTYNE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5125 TRILLIUM BLVD | AddressLine1Txt |
| City | HOFFMAN ESTATES | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60192 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $119,777,687 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.I-CAR.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1979 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | I-CAR'S VISION IS THAT EVERY PERSON IN THE COLLISION REPAIR INDUSTRY HAS THE INFORMATION, KNOWLEDGE AND SKILLS REQUIRED TO PERFORM COMPLETE, SAFE AND QUALITY REPAIRS FOR THE ULTIMATE BENEFIT OF THE CONSUMER. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 515 | TotalEmployeeCnt |
| Total Volunteers | 660 | TotalVolunteersCnt |
| Total Gross UBI | $1,035,269 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $479,696 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $604,240 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $67,263,567 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $72,366,559 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,069,340 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,731,465 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,063 | PYOtherRevenueAmt |
| CY Other Revenue | $3,397 | CYOtherRevenueAmt |
| PY Total Revenue | $69,939,210 | PYTotalRevenueAmt |
| CY Total Revenue | $75,101,421 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $240,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $255,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $36,245,182 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $45,074,418 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $23,196,836 | PYOtherExpensesAmt |
| CY Other Expenses | $24,109,275 | CYOtherExpensesAmt |
| PY Total Expenses | $59,682,018 | PYTotalExpensesAmt |
| CY Total Expenses | $69,438,693 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $10,257,192 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,662,728 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $106,822,297 | TotalAssetsBOYAmt |
| Total Assets EOY | $121,108,345 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $24,032,373 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $25,922,530 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $82,789,924 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $95,185,815 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE I-CAR MISSION IS TO DELIVER INCREASINGLY ACCESSIBLE, ON-DEMAND AND RELEVANT EDUCATION, KNOWLEDGE, SERVICES AND SOLUTIONS FOR COLLISION REPAIR FACILITIES AND THE RELATED INDUSTRY VALUE CHAIN. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | TRAINING: I-CAR DEVELOPS AND DELIVERS TECHNICAL TRAINING PROGRAMS TO PROFESSIONALS IN ALL AREAS OF THE COLLISION REPAIR INDUSTRY. DURING 2023, I-CAR CONDUCTED LIVE, ONLINE, AND VIRTUAL TRAINING CLASSES TO 74,630 STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TESTING: DURING 2023, I-CAR CONDUCTED 11,261 WELDING TRAINING AND CERTIFICATION EVENTS COMPRISED OF 18,471 STUDENTS. I-CAR CONDUCTED 12,038 HANDS-ON SKILL DEVELOPMENT EVENTS COMPRISED OF 20,680 STUDENTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COMMUNICATIONS: THROUGH WEBSITE, E-NEWSLETTER, MEETINGS AND CONFERENCES, I-CAR PROVIDES A COMMUNICATION FORUM ON PROPER COLLISION REPAIR FOR I-CAR MEMBERS, OTHER PROFESSIONALS IN THE COLLISION REPAIR INDUSTRY AND THE PUBLIC. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 12 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 515 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL BREY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8475901198 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5125 TRILLIUM BLVD | AddressLine1Txt |
| City | HOFFMAN ESTATES | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60192 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| CHRIS EVANS | |||||||
| VICE-CHAIR/SECRETARY | 1.22 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JENNIFER GOFORTH | |||||||
| SECRETARY/VICE-CHAIR | 1.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JIM GUTHRIE | |||||||
| CHAIR | 1.14 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PAUL KRAUSS | |||||||
| DIRECTOR/TREASURER | 0.65 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAN FRIEDMAN | |||||||
| TREASURER | 0.88 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KYLE THOMPSON | |||||||
| IMMEDIATE PAST CHAIR | 0.91 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BARRY DORN | |||||||
| DIRECTOR | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| BILL SHAW | |||||||
| DIRECTOR | 0.44 | Yes (X) | $0 | $0 | $0 | ||
| DEAN FISHER | |||||||
| DIRECTOR | 0.67 | Yes (X) | $0 | $0 | $0 | ||
| JEN BOYER | |||||||
| DIRECTOR | 0.75 | Yes (X) | $0 | $0 | $0 | ||
| MARK ALLEN | |||||||
| DIRECTOR | 0.82 | Yes (X) | $0 | $0 | $0 | ||
| PATRICK HART | |||||||
| DIRECTOR | 0.83 | Yes (X) | $0 | $0 | $0 | ||
| SANDEE LINDORFER | |||||||
| DIRECTOR | 1.17 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN HERRON | |||||||
| DIRECTOR | 0.51 | Yes (X) | $0 | $0 | $0 | ||
| MARK THORPE | |||||||
| DIRECTOR | 0.32 | Yes (X) | $0 | $0 | $0 | ||
| TRENT TINSLEY | |||||||
| DIRECTOR | 0.24 | Yes (X) | $0 | $0 | $0 | ||
| JOHN VAN ALSTYNE | |||||||
| PRESIDENT AND CEO | 50.00 | Yes (X) | $821,600 | $0 | $32,117 | ||
| TOM MAREK | |||||||
| VP, FINANCE | 50.00 | Yes (X) | $377,938 | $0 | $22,087 | ||
| ANDREW JOHNSON | |||||||
| VP, IT & DIGITAL EXPERIENC | 50.00 | $341,134 | $0 | $43,777 | Yes (X) | ||
| JEFFERY PEEVY | |||||||
| VP, TECHNICAL PRODUCTS, PR | 50.00 | $308,102 | $0 | $42,342 | Yes (X) | ||
| LORI BARRINGTON | |||||||
| VP, DELIVERY | 50.00 | $285,814 | $0 | $39,334 | Yes (X) | ||
| MELISSA SNYDER | |||||||
| VP, PEOPLE AND CULTURE | 50.00 | $337,313 | $0 | $23,255 | Yes (X) | ||
| DARA GOROFF | |||||||
| VP, PLANNING & INDUSTRY TALENT | 50.00 | $313,142 | $0 | $36,404 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,785,043 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $239,316 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 129 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DIVIHN INTEGRATION INC | |||||
| 2800 W HIGGINS RD SUITE 240 | HOFFMAN ESTATES | IL | 60169 | IT SERVICES | $1,414,684 |
| PUSH 22 | |||||
| 30300 TELEGRAPH RD SUITE 410 | BINGHAM FARMS | MI | 48025 | ADVERTISING/MARKETING SERVICES | $356,492 |
| POPULUS ADVISORS | |||||
| 507 COUNTRY LN | COPPELL | TX | 75019 | HUMAN RESOURCE SERVICES | $299,812 |
| TEK SYSTEMS | |||||
| 1501 WOODFIELD RD SUITE 110 | SCHAUMBURG | IL | 60173 | TALENT SOLUTIONS SERVICES | $257,705 |
| CRANEMORLEY INC | |||||
| 16782 VON KARMAN AVE UNIT 16 | IRVINE | CA | 92606 | CURRICULUM AND TRAINING SERVICES | $238,823 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| STUDENT REVENUE | 611600 | $49,303,984 | $49,303,984 | |
| WELDING QUALIFICATIONS | 611600 | $13,877,360 | $13,877,360 | |
| SUSTAINING PARTNERSHIP | 900099 | $5,067,885 | $5,067,885 | |
| EDUCATION | 611710 | $1,705,899 | $1,705,899 | |
| CONTRACT REVENUE | 611600 | $1,035,269 | $1,035,269 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,376,162 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,376,162 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $72,366,559 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,671,413 | TotalRevenueColumnAmt |
| Exclusion | $2,671,413 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $44,736,318 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $44,676,266 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $60,052 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,052 | TotalRevenueColumnAmt |
| Exclusion | $60,052 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $3,397 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,397 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,397 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $75,101,421 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $71,334,687 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,035,269 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,731,465 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255,000 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,253,742 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,200,385 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,111,350 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,770,344 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,738,597 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,665 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,214 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $208,946 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,235,859 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,482,054 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,680,791 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,455,966 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $881,062 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,678,116 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $490,178 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,195,037 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $398,992 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| INCOME TAXES | $125,993 |
| INSTRUCTION COSTS | $3,960,720 |
| BAD DEBT EXPENSE | $500,064 |
| FREIGHT | $314,674 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,944 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,438,693 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,324,189 | BOYAmt |
| EOY | $11,971,051 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,500,025 | BOYAmt |
| EOY | $11,118,867 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,047,826 | BOYAmt |
| EOY | $9,614,371 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,047,719 | BOYAmt |
| EOY | $1,025,071 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,661,516 | BOYAmt |
| EOY | $3,863,068 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $25,630,305 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,746,799 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,734,038 | BOYAmt |
| EOY | $9,883,506 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,925,337 | BOYAmt |
| EOY | $64,545,116 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,904,302 | BOYAmt |
| EOY | $6,583,570 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,677,345 | BOYAmt |
| EOY | $2,503,725 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,822,297 | BOYAmt |
| EOY | $121,108,345 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,240,650 | BOYAmt |
| EOY | $9,605,434 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,556,229 | BOYAmt |
| EOY | $12,479,437 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,235,494 | BOYAmt |
| EOY | $3,837,659 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,032,373 | BOYAmt |
| EOY | $25,922,530 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,789,924 | BOYAmt |
| EOY | $95,185,815 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,789,924 | BOYAmt |
| EOY | $95,185,815 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,822,297 | BOYAmt |
| EOY | $121,108,345 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $5,662,728 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $6,733,163 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (1) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $545,984 | OtherCostOrOtherBasisAmt |
| Book Value | $545,984 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,952,188 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,945,316 | DepreciationAmt |
| Book Value | $3,006,872 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,766,088 | OtherCostOrOtherBasisAmt |
| Depreciation | $584,743 | DepreciationAmt |
| Book Value | $3,181,345 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,366,045 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,216,740 | DepreciationAmt |
| Book Value | $3,149,305 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,883,506 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE ASSETS | Desc |
| Book Value | $6,583,570 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $6,583,570 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITY - ASC 842 LEASE IMPLEMENTATION | Desc |
| Amt | $3,837,659 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,837,659 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $81,625,638 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $6,733,163 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $6,733,163 | RevenueNotReportedAmt |
| Revenue Subtotal | $74,892,475 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $208,946 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $208,946 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $75,101,421 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $69,229,747 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $69,229,747 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $208,946 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $208,946 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $69,438,693 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2023, THE CONFERENCE HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | I-CAR EDUCATION FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5125 TRILLIUM BLVD | AddressLine1Txt |
| City | HOFFMAN ESTATES | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60192 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 363768028 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $255,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | SCHOLARSHIPS AND AWARDS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MAINTAINS MINUTES OF BOARD MEETINGS DISCUSSING AND APPROVING THE GRANT. THE ORGANIZATION REQUESTS RECORDS AS NEEDED TO CONFIRM THAT THE FUNDS WERE USED PROPERLY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN VAN ALSTYNE | ||||||||||||||
| PRESIDENT AND CEO | $476,856 | $0 | $298,342 | $0 | $46,402 | $0 | $6,220 | $0 | $25,897 | $0 | $853,717 | $0 | $0 | $0 |
| TOM MAREK | ||||||||||||||
| VP, FINANCE | $267,209 | $0 | $109,523 | $0 | $1,206 | $0 | $8,819 | $0 | $13,268 | $0 | $400,025 | $0 | $0 | $0 |
| ANDREW JOHNSON | ||||||||||||||
| VP, IT & DIGITAL EXPERIENC | $236,592 | $0 | $103,257 | $0 | $1,285 | $0 | $13,156 | $0 | $30,621 | $0 | $384,911 | $0 | $0 | $0 |
| MELISSA SNYDER | ||||||||||||||
| VP, PEOPLE AND CULTURE | $235,588 | $0 | $100,519 | $0 | $1,206 | $0 | $10,017 | $0 | $13,238 | $0 | $360,568 | $0 | $0 | $0 |
| JEFFERY PEEVY | ||||||||||||||
| VP, TECHNICAL PRODUCTS, PR | $215,192 | $0 | $91,704 | $0 | $1,206 | $0 | $9,198 | $0 | $33,144 | $0 | $350,444 | $0 | $0 | $0 |
| DARA GOROFF | ||||||||||||||
| VP, PLANNING & INDUSTRY TALENT | $249,614 | $0 | $62,322 | $0 | $1,206 | $0 | $10,294 | $0 | $26,110 | $0 | $349,546 | $0 | $0 | $0 |
| LORI BARRINGTON | ||||||||||||||
| VP, DELIVERY | $197,720 | $0 | $85,388 | $0 | $2,706 | $0 | $8,354 | $0 | $30,980 | $0 | $325,148 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE CONFERENCE HAS REGULAR MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH REGULAR MEMBER SHALL HAVE ONE DULY AUTHORIZED REPRESENTATIVE ENTITLED TO VOTE ON ALL MATTERS SUBMITTED TO A VOTE OF THE MEMBERSHIP, AND SHALL VOTE BY ONLINE BALLOT. MEMBERS ARE ALLOWED TO VOTE ON THE ELECTION OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | EACH REGULAR MEMBER'S DULY AUTHORIZED REPRESENTATIVE SHALL BE ENTITLED TO VOTE ON ALL MATTERS SUBMITTED TO A VOTE OF THE MEMBERSHIP, AND SHALL VOTE BY ONLINE BALLOT. |
| FORM 990, PART VI, SECTION B, LINE 11B | PRIOR TO BEING FILED, THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT IN CONJUNCTION WITH THE AUDIT COMMITTEE. THE AUDIT COMMITTEE THEN PRESENTS THE 990 TO THE I-CAR BOARD OF DIRECTORS FOR REVIEW IN ORDER TO ENSURE ACCURACY AND TIMELY FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFERENCE REQUIRES ALL EMPLOYEES TO ACKNOWLEDGE THAT THEY RECEIVED THE CONFLICT OF INTEREST POLICY. ADDITIONALLY, KEY EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO COMPLETE A QUESTIONNAIRE REGARDING CONFLICTS OF INTEREST. ALL NEW VENDORS ARE REQUIRED TO DISCLOSE IF THEY HAVE ANY RELATIONSHIP TO EMPLOYEES OR BOARD MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE VICE PRESIDENT, PEOPLE AND CULTURE, GATHERS COMPENSATION DATA FROM REPUTABLE SOURCES. THE MID-POINT (I.E. 50TH PERCENTILE) OF EACH DATA POINT IS RECORDED, AND THE MID-POINT DATA IS AVERAGED TO ACHIEVE A STARTING POINT FOR THE ESTABLISHMENT OF THE WAGE RANGE FOR POSITIONS WITHIN I-CAR. TO ACHIEVE THE MINIMUM OF THE WAGE RANGE, THE MID-POINT IS REDUCED BY 25%. TO ACHIEVE THE MAXIMUM OF THE WAGE RANGE, THE MID-POINT IS INCREASED BY 25%. WHERE THE INCUMBENT EMPLOYEE'S SALARY FALLS WITHIN THE WAGE RANGE IS DEPENDENT ON SUCH FACTORS AS EXPERIENCE, TRANSFERABLE SKILLS AND COMPARISON AGAINST OTHERS' SALARIES IN THE SAME OR SIMILAR POSITIONS AND GRADE LEVEL. EXECUTIVE WAGE RANGE DATA FOR ALL POSITIONS OTHER THAN THE PRESIDENT AND CEO IS THEN REVIEWED BY THE PRESIDENT AND CEO. WAGE DATA FOR THE PRESIDENT AND CEO IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD. WAGE RANGES ARE REVIEWED AND ADJUSTED EVERY TWO YEARS WHERE NECESSARY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CONFERENCE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART X, LINE 27 | I-CAR HAS DEVELOPED A HEALTHY RESERVE OVER TIME, THROUGH PRUDENT FINANCIAL MANAGEMENT AND INVESTMENT PRACTICES. IT IS IMPORTANT TO NOTE THAT I-CAR CURRENTLY CARRIES ZERO DEBT AND HAS NO LOANS OUTSTANDING, AND PER IRS 501C REGULATIONS ISSUES NO EQUITY TO SHAREHOLDERS. PER I-CAR'S BOARD-APPROVED RESERVES POLICY, I-CAR MAINTAINS TWO SUB-RESERVES: AN OPERATING FUND AND THE I-CAR INDUSTRY IMPACT FUND. THE OPERATING FUND OBJECTIVE IS TO HOLD A 12 MONTHS OF OPERATING EXPENSE COVERAGE IN THE EVENT OF AN OPERATIONAL CONTINUITY EMERGENCY. A 12-MONTH OPERATING FUND IS A NOT-FOR-PROFIT BEST PRACTICE, SUCH FUNDS TYPICALLY RANGE FROM SIX TO 12 MONTHS. AN OPERATING FUND IS PARTICULARLY IMPORTANT TO BE AVAILABLE WHEN NEEDED, PARTICULARLY SINCE I-CAR, AS A 501C6, IS OFTEN NOT ELIGIBLE FOR GOVERNMENT SUPPORT, SUCH AS DURING THE RECENT COVID-19 PANDEMIC. THE INDUSTRY IMPACT FUND SUPPORTS I-CAR'S REINVESTMENT IN THE INDUSTRY AND DIRECTLY BENEFITS COLLISION REPAIRERS AND OUR STAKEHOLDERS ACROSS THE SIX INDUSTRY SEGMENTS THAT I-CAR SERVES. SUCH INVESTMENTS COVER REQUIRED CAPITAL AND STRATEGIC INITIATIVES THAT ARE DIRECTLY ALIGNED TO OUR VISION, MISSION, STRATEGIES, AND OPERATIONAL ACTIVITIES TO EFFECTIVELY SUPPORT OUR CONSTITUENTS AND THAT ARE DRIVEN BY INDUSTRY VOICE AND NEEDS. I-CAR RESERVE STRUCTURE & BALANCE (AS OF 12/31/23) OPERATING RESERVE FUND $48M INDUSTRY IMPACT FUND $47M TOTAL RESERVES $95M |