2024-11-15T10:26:57-06:00 2023-12-31 521073331 DEMBO JONES PC 6116 EXECUTIVE BLVD SUITE 500 NORTH BETHESDA MD 20852 990 2023-01-01 411353632 INTERNATIONAL ENERGY CREDIT ASSOCIATION INC INTE 2029635370 1300 PICCARD DRIVE LL 14 ROCKVILLE MD 20850 FRANCO NEGRI PRESIDENT 2029635370 2024-11-14 1 1 JOSHUA G DZYAK CPA P01398949 3017705100 2023 2024-10-15 13:58:12Z X FRANCO NEGRI 1300 PICCARD DRIVE LL 14 ROCKVILLE MD 20850 1501288 0 X WWW.IECA.NET X 1923 MN PROVIDE A FORUM FOR THE EXCHANGE OF IDEAS ON ENERGY INDUSTRY CREDIT AND FINANCIAL MANAGEMENT. 14 14 0 350 0 0 0 0 1265655 1484811 10030 11406 24196 5071 1299881 1501288 0 0 0 0 0 199827 0 0 0 1197525 1386848 1197525 1586675 102356 -85387 795954 876864 220806 363885 575148 512979 TO PROMOTE THE PROFESSIONALISM OF ITS MEMBERS BY PROVIDING CONTINUING EDUCATION AND A FORUM FOR THE EXCHANGE OF IDEAS RELEVANT TO CREDIT AND FINANCIAL MANAGEMENT OF THE ENERGY INDUSTRY. 0 0 ANNUAL EDUCATION CONFERENCE AND CRUDE OIL/REFINED PRODUCTS/LEGISLATIVE CONFERENCES. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 UK CA 0 0 0 0 0 0 X 14 14 0 1 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 2029635370 1300 PICCARD DRIVE LL 14 ROCKVILLE MD 20850 FRANCO NEGRI PRESIDENT 3.00 X X 0 0 0 PHIL LOOKADOO FIRST VP 3.00 X X 0 0 0 MARK HOLLER TREASURER 3.00 X X 0 0 0 NITHYA VENKATESAN VP OF SUSTAINABILITY 3.00 X X 0 0 0 NAEEM JONES VP OF EDUCATION 3.00 X X 0 0 0 CRAIG ENOCHS PAST PRESIDENT 3.00 X X 0 0 0 KEVIN SULLIVAN DIRECTOR 1.50 X 0 0 0 ANNE LINE LAURIEN DIRECTOR 1.50 X 0 0 0 JOHN VEDRA DIRECTOR 1.50 X 0 0 0 BECKY BURGESS DIRECTOR 1.50 X 0 0 0 MARIA HOLEMAN DIRECTOR 1.50 X 0 0 0 SAMANTHA WALKER TAYFEL DIRECTOR 1.50 X 0 0 0 MAURITS QUARLES VAN UFFORD DIRECTOR 1.50 X 0 0 0 CLAUDE BROWN DIRECTOR 1.50 X 0 0 0 JENNIFER DISANZA EXECUTIVE DIRECTOR 20.00 X 0 0 0 HEATHER BUERGER EXECUTIVE VICE PRESIDENT, NORTH AMERICA 40.00 X 135697 0 0 JOHN TREASURE EXECUTIVE VICE PRESIDENT, EUROPE 40.00 X 64130 0 0 199827 0 0 1 0 0 1 ASSOCIATION HEADQUARTERS INC 1120 ROUTE 73 MOUNT LAUREL NJ 08054 MANAGEMENT FEES 379035 HEATHER BUERGER 19802 MOLLY WINTERS LANE CYPRESS TX 77433 EXECUTIVE VICE PRESIDENT 135697 2 CONFERENCES 900099 775130 775130 MEMBERSHIP 900099 332926 332926 SPONSORSHIPS 900099 327678 327678 PROMOTIONS 900099 43403 43403 MISCELLANEOUS 900099 5674 5674 1484811 11406 11406 MISCELLANEOUS 900099 5071 5071 5071 1501288 1484811 0 16477 199827 398035 9500 17083 23271 81116 7386 4553 792329 12774 BANK FEES 40801 1586675 298402 412148 723 0 68275 29360 16825 92254 411729 343102 795954 876864 126601 324449 94205 39436 220806 363885 X 575148 512979 575148 512979 795954 876864 -85387 23218 0 X 1 X 0 0 0 0 1 0 0 X PART X, LINE 2: IECA IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER THE PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. UNDER THESE PROVISIONS, NO TAX IS IMPOSED ON ANY INCOME RELATED TO IECA'S TAX-EXEMPT PURPOSE. IECA HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2023. IECA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. IECA'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. NORTH AMERICA 0 1 PROGRAM SERVICES CONFERENCES 101342 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES CONFERENCES 202017 0 2 0 0 0 2 303359 0 303359 0 0 0 0 0 0 0 0 0 FORM 990, PART VII, LINE 5 THE BOARD IS A VOLUNTEER BOARD AND IS NOT COMPENSATED. IECA CONTRACTS WITH A THIRD PARTY MANAGEMENT COMPANY TO PERFORM THE FINANCIAL FUNCTIONS TRADITIONALLY PERFORMED BY EMPLOYEES. THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF THE MANAGEMENT COMPANY AND IS ONLY COMPENSATED BY THE MANAGEMENT COMPANY AT ITS FULL DISCRETION. IECA HAS NO CONTROL OVER THAT COMPENSATION. THE BOARD EVALUATES THE WORK OF THE MANAGEMENT COMPANY AND REVIEWS THE CONTRACT FEE PAID AT LEAST ANNUALLY. FORM 990, PART VI, SECTION A, LINE 3 IECA RECEIVES VARIOUS MANAGEMENT SERVICES FROM MANAGEMENT SOLUTIONS PLUS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP ORGANIZATION HAS ONE CLASS OF VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS OF GOVERNING BODY EACH VOTING MEMBER HAS THE SAME RIGHT TO VOTE AND TO BE ELECTED AS A MEMBER OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B GOVERNING BODY REVIEW OF FORM 990 PRIOR TO ITS FILING WITH THE IRS, A FINAL COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY, ALL BOARD MEMBERS ARE REMINDED ANNUALLY OF THEIR DISCLOSURE OBLIGATIONS UNDER THE DISCLOSURE DECLARATION POLICY. MEMEBRS SHALL UPDATE THE DISCLOSURE DECLERATION ANYTIME THEY BECOME AWARE OF A POTENTIAL CONFLICT. EACH UPDATE TO THE DECLARATION IS SENT TO THE EXECUTIVE COMMITTEE AND EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND FORM 990 ARE PROVIDED UPON REQUEST.