2022-10-06T19:55:52-05:00 2021-12-31 ALVAREZ & MARSAL TAXAND LLC 425 MARKET ST 18TH FLOOR SAN FRANCISCO CA 94105 990 2021-01-01 522204208 FS-ISAC INC % DANIELLE METZLER FS-I 5714463877 12120 SUNSET HILLS ROAD Suite 500 RESTON VA 20190 DANIELLE METZLER CFO 5714463877 2022-10-06 true DANIELLE METZLER 999009999 KIM J BARR P00326055 4159604539 2022-10-05 2021 2022-09-23 18:48:47Z STEVEN SILBERSTEIN 12120 SUNSET HILLS ROAD STE 500 RESTON VA 20190 32028591 false X WWW.FSISAC.COM X 2003 DE SEE PART III, LINE 1 17 17 99 0 0 715000 10000 34119955 31941669 -1181616 -67742 1027365 73368 34680704 31957295 2953 0 0 0 21178001 15118840 0 0 0 16323906 22494106 37504860 37612946 -2824156 -5655651 14595112 27418346 15781691 26351000 -1186579 1067346 X THE FS-ISAC'S MISSION IS TO HELP ASSURE THE RESILIENCE AND CONTINUITY OF THE GLOBAL FINANCIAL SERVICES INFRASTRUCTURE AND INDIVIDUAL FIRMS AGAINST ACTS THAT COULD SIGNIFICANTLY IMPACT THE SECTOR'S ABILITY TO PROVIDE SERVICES CRITICAL TO THE ORDERLY FUNCTIONING OF THE GLOBAL false false MEMBERSHIP IN FS-ISAC GIVES ORGANIZATIONS EARLY NOTIFICATION OF SECURITY THREATS AND ATTACKS, ANONYMOUS INFORMATION SHARING AMONG THE FINANCIAL SERVICES INDUSTRY, REGULARLY SCHEDULED MEMBER MEETINGS AND BI-WEEKLY CONFERENCE CALLS. MEMBERS MAY ATTEND VIRTUAL AND/OR IN PERSON CONFERENCES FOUR TIMES PER YEAR WHERE THEY CAN NETWORK AND BRAINSTORM WITH OTHER MEMBERS, AFFILIATES AND SPONSORS IN A WORKGROUP AND SEMINAR SETTING. MEMBERS SHARE BEST PRACTICES IN CYBER SECURITY AS WELL AS PARTICIPATE IN EXERCISES TO IMPROVE RESILIENCY. REGIONAL EVENTS PROVIDE MEMBERS WITH AN INCREASED AWARENESS OF INDUSTRY RISKS INCLUDING EXPOSURE TO ONLINE ACCOUNT TAKEOVER. INCREASED MEMBERSHIP WILL INCREASE THE ABILITY OF FS-ISAC TO MITIGATE RISKS TO THE GLOBAL FINANCIAL SERVICES INDUSTRY. false true false true false false false false false true false false false true true true true false true true false true false false false false false false true false false false false false false false false false false true true true true false true 41 0 true 99 true false true SN UK false false true true false true false X 17 17 false false false false true true false true true false true true true true true true true true false false false X X DANIELLE METZLER 5714463877 12120 SUNSET HILLS ROAD NO 500 RESTON VA 20190 Steven Silberstein CEO 40.0 0.0 X 1022248 0 38706 Carlos Recalde President,CEO Sheltered Harbor 40.0 0.0 X 424208 0 17400 Danielle Metzler CFO 40.0 0.0 X 358832 0 46731 Amanda Cody Chief Information Security Off 40.0 0.0 X 307847 0 33772 Brian Tishuk Secretary & General Counsel 40.0 0.0 X 311115 0 16111 Adriana Villasenor Villareal Chief Communications Officer 40.0 0.0 X 301874 0 11388 Bradley Jacobsen General Counsel FDX 40.0 0.0 X 264976 0 36928 Christopher Ricard Director of System Engineering 40.0 0.0 X 250875 0 38369 Michael Silverman VP of Strategy 40.0 0.0 X 240947 0 44631 Thomas Carpenter Director Public Affairs 40.0 0.0 X 235363 0 43436 Donald Cardinal Managing Director FDX 40.0 0.0 X 228112 0 46731 Dinesh Katyal Director Product FDX 40.0 0.0 X 241880 0 23637 Robin Fantin SVP, Business Development 40.0 0.0 X 184547 0 14492 Jerry Perullo Board Member 0.2 0.0 X 0 0 0 Ann Barron-Dicamillo Board Member 0.2 0.0 X 0 0 0 Tim Byrd Board Member 0.2 0.0 X 0 0 0 Meg Anderson Board Member 0.2 0.0 X 0 0 0 Laura Deaner Board Member 0.2 0.0 X 0 0 0 Matthew Harper Board Member 0.2 0.0 X 0 0 0 Beate Zwijnenberg Board Member 0.2 0.0 X 0 0 0 Deborah Guild Board Member 0.2 0.0 X 0 0 0 Karl Schimmeck Board Member 0.2 0.0 X 0 0 0 Kristopher Fador Board Member 0.2 0.0 X 0 0 0 Jenny Menna Board Member 0.2 0.0 X 0 0 0 Gary Owen Board Member 0.2 0.0 X 0 0 0 Karel De Kneef Board Member 0.2 0.0 X 0 0 0 Kyle Davis Board Member 0.2 0.0 X 0 0 0 Timothy Held Board Member 0.2 0.0 X 0 0 0 Shaun Khalfan Board Member 0.2 0.0 X 0 0 0 Ariel Weintraub Board Member 0.2 0.0 X 0 0 0 4372824 0 412332 13 false true false Elizabeth Gould Healthfield virtuo 8 Little John Place WHITE PLAINS NY 10606 Marketing consultant 196961 Shaun M Brady Center for Model Ba 3549 Foxhall Drive DAVIDSONVILLE MD 21034 Cyber consultant 165000 Susan M Rogers Cyberwise Training 896 Crestline Drive BLUE BELL PA 19422 Cyber consultant 160990 Richard G Lacafta Jr 225 Codfish Falls Road MANSFIELD CT 06268 Insurance consultant 135300 Jacob Friedman 935 Park Avenue Ste 9A NEW YORK ND 10028 Sheltered Harbor 133600 10 10000 10000 MEMBERSHIPS 900099 27175457 27175457 CONFERENCES 900099 2948225 2948225 EXERCISES 900099 300213 300213 WEBINARS 900099 797750 797750 OTHER 900099 720024 720024 31941669 3554 3554 0 0 104637 104637 0 104637 104637 71296 -71296 -71296 -71296 0 0 0 0 0 0 0 0 0 CURRENCY LOSS 900099 -31269 -31269 -31269 31957295 31943741 3554 X 0 0 0 0 0 3336431 434160 2902271 0 9269587 1206226 8063361 796407 103634 692773 1014158 156374 857784 702257 108281 593976 0 149959 149959 98141 98141 0 0 0 3988755 3988755 338181 2120 336061 73723 462 73261 3848941 45037 3803904 0 463044 95746 367298 39473 9737 29736 0 204170 50361 153809 13680 13680 12252879 12252879 531999 101664 430335 69798 69798 BAD DEBT EXPENSE 58816 58816 CREDIT CARD PROCESSING 118147 118147 PAYROLL PROCESSING 540 70 470 LICENSES 20006 20006 223854 223854 37612946 2313872 35299074 X 2291709 9832160 1496152 12966165 0 10000 623249 6668 0 0 0 0 0 0 0 0 1311573 1664565 3345770 1100975 2471488 2244795 6340953 0 0 0 0 0 0 0 59988 693993 14595112 27418346 3986121 4266297 0 0 10721713 16245187 0 0 0 0 0 0 0 0 0 0 1073857 5839516 15781691 26351000 X -1186579 1067346 0 0 -1186579 1067346 14595112 27418346 X -5655651 7909576 X X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false 1589225 144990 1444235 548517 435079 113438 1208028 520906 687122 2244795 0 DEFERRED RENT 572938 LEASE SECURITY DEPOSITS 17745 LEASE INCENTIVE LIABILITY 927118 NOTES PAYABLE 647800 PPP LIABILITY 2080287 INTERCOMPANY PAYABLE 1401706 RESERVE FOR PENALTIES ON AMENDED TAX RETURNS 191922 5839516 32159148 201853 201853 31957295 31957295 28681574 -8931372 -8931372 37612946 37612946 PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE FROM NON-INCLUDABLE ENTITIES - (38,401) REVENUE / EXPENSE ALLOCATIONS - 240,254 PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES FROM NON-INCLUDABLE ENTITIES - (173,583) TRANSFER PRICING ADJUSTMENTS - (8,998,043)* REVENUE / EXPENSE ALLOCATIONS - 240,254 *Audited financial statements were prepared on a consolidated basis which included foreign subsidiaries. The form 990 only includes the US parent and disregarded US entities. true East Asia and the Pacific 0 4 Program Services MEMBER RELATIONS 340838 Europe (Including Iceland and Greenland) 0 3 Program Services MEMBER RELATIONS 672467 North America 0 4 Program Services MEMBER RELATIONS 274015 South America 0 1 Program Services MEMBER RELATIONS 151198 0 12 0 12 1438518 1438518 SCHOLARSHIP East Asia and the Pacific 4 40000 ELECTRONIC true false true false false false FS-ISAC, INC. GRANTS ARE MONITORED BY CONFIRMING STUDENTS ARE IN GOOD STANDING AND CURRENTLY ENROLLED IN A CYBER SECURITY PROGRAM. FUNDS ARE PAID DIRECTLY TO THE SCHOOL TO ENSURE THEY ARE USED FOR EDUCATIONAL PURPOSES. X true true X X true false false Steven Silberstein CEO 649771 370000 2477 17400 21306 1060954 Danielle Metzler CFO 277542 80000 1290 17400 29331 405563 Amanda Cody Chief Information Security Off 252377 55000 470 12938 20835 341620 Brian Tishuk Secretary & General Counsel 255135 54000 1980 2607 13504 327226 Michael Silverman VP of Strategy 210656 30000 291 15300 29331 285578 Donald Cardinal Managing Director FDX 197530 30000 582 17400 29331 274843 Robin Fantin SVP, Business Development 184063 484 1125 13367 199039 Carlos Recalde President,CEO Sheltered Harbor 401731 20000 2477 17400 0 441608 Adriana Villasenor Villareal Chief Communications Officer 259426 42000 448 2583 8804 313261 Bradley Jacobsen General Counsel FDX 240314 24000 662 13363 23565 301904 Christopher Ricard Director of System Engineering 216875 34000 13515 24854 289244 Dinesh Katyal Director Product FDX 205300 36000 580 14635 9002 265517 Thomas Carpenter Director Public Affairs 220363 15000 14105 29331 278799 PART I, LINE 1A: Gross up payments to cover the value of Life Insurance in excess of $50,000 for executive level benefit recipients. PART I, LINE 4A: ROBIN FANTIN - $95,000 SEVERANCE PAYMENT FORM 990, PART VI, SECTION B, LINE 11B: THE 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND THEN REVIEWED BY THE CFO. FORM 990, PART VI, SECTION B, LINE 12C: A CONFLICT OF INTEREST IS PRESENT WHENEVER A DIRECTOR HAS A MATERIAL PERSONAL INTEREST IN A PROPOSED TRANSACTION OR BUSINESS OPPORTUNITY BEING CONSIDERED BY FS-ISAC. THIS INTEREST OCCURS EITHER DIRECTLY OR INDIRECTLY, AS, FOR EXAMPLE, WHERE THE DIRECTOR'S EMPLOYER OR A COMPANY UPON WHOSE BOARD THE DIRECTOR ALSO SERVES HAS A BUSINESS INTEREST ADVERSE TO THE INTEREST OF FS-ISAC. IN THESE CASES, THE DIRECTOR OR COMMITTEE MEMBER GIVES THE APPEARANCE OF HAVING DIVIDED LOYALTIES AND NOT ACTING IN THE BEST INTERESTS OF FS-ISAC. THE DUTY OF LOYALTY REQUIRES THAT A DIRECTOR BE CONSCIOUS OF THE POTENTIAL FOR CONFLICTS OF INTEREST AND ACT WITH CANDOR AND CARE IN DEALING WITH A CONFLICT PRIOR TO THE DISCUSSION OR PRESENTATION OF SUCH MATTER BEFORE THE BOARD OR COMMITTEE. EACH EMPLOYEE AND BOARD MEMBER IS ASKED TO SIGN A COI STATEMENT AT THE TIME OF HIRE/APPOINTMENT AND THEN ANNUALLY. IT IS THE POLICY OF THE FS-ISAC BOARD THAT ANY DIRECTOR HAVING AN ACTUAL OR APPARENT CONFLICT OF INTEREST IN A MATTER TO BE ACTED UPON BY THE BOARD OR A COMMITTEE DISCLOSES THE CONFLICT PRIOR TO THE DISCUSSION OR PRESENTATION OF SUCH MATTER. IF POSSIBLE, THE CONFLICT IS DISCLOSED TO THE CHAIR OF THE MEETING IN ADVANCE OF THE MEETING. THE DIRECTOR CONSIDERS WHETHER IT IS ADVISABLE UNDER THE CIRCUMSTANCES TO RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND/OR VOTE AND RECUSE HIMSELF/HERSELF, IF REQUESTED TO BY THE CHAIR OF THE MEETING. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:: FINANCIAL SERVICES INDUSTRY. FORM 990, PART VI, SECTION A, LINE 7A: Members who are Tier 1-4 can vote for members of the board (governing body). Other Tiers may get elected to the board, but they are not allowed to vote. Number of Tier 1-4 varies from year to year. FORM 990, PART X: The accountants for the prior year form 990 incorrectly consolidated foreign subsidiaries the revenue and expenses in Part I and in the balance sheet in Part X. A prior period adjustment is shown in Part XI, line 8 to correct this error. See attached forms 5471 for financial information regarding all foreign subsidiaries. FORM 990, PART VI, SECTION A, LINE 6: FS-ISAC has eight tiers of members, the top four tiers of members, (based on the financial institution's size and assets) elect the members of the Board of Directors, but have no ability to approve the decisions of the board. In the event FS-ISAC should dissolve, remaining assets would be distributed to another non-profit, not the members. FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:3988755 SHELTERED HARBOR ONE NEW YORK PLAZA 3RD FLOOR NEW YORK NY 10004 522204208 FINANCE DE 1769857 1086436 FS-ISAC INC FINANCIAL DATA EXCHANGE LLC (FDX) 12120 SUNSET HILLS ROAD SUITE 500 RESTON VA 20190 522204208 FINANCE DE 2371279 1411474 FS-ISAC INC SAFE HARBOR ASSOCIATION LLC 12120 SUNSET HILLS ROAD SUITE 500 RESTON VA 20190 INACTIVE DE 0 0 FS-ISAC INC FINANCIAL SECTOR SECURITY AUTOMATION 12120 SUNSET HILLS ROAD SUITE 500 RESTON VA 20190 464042047 FINANCE VA FS-ISAC INC NONE 0 0 false 0 true 0.50000 FS-ISAC SAG 12120 SUNSET HILLS ROAD RESTON VA 22001 471870224 INVESTMENTS DE FS-ISAC INC C CORP 0 0 1.00000 true FS-ISAC EUROPE LIMITED 32 THREADNEEDLE STREET LONDON EC2R 8AY UK CYBER SECURITY UK FS-ISAC INC C CORP 0 0 1.00000 true FS-ISAC ASIA-PACIFIC PTE LTD PARKVIEW SQUARE 600 NORTH BRIDGE ROAD SINGAPORE SN 188778 CYBER SECURITY SN FS-ISAC INC C CORP 0 0 1.00000 true FS-ISAC WILHELMINA VAN PRUISENWEG 104 AN DEN HAAG NL 2595 CYBER SECURITY NL FS-ISAC INC C CORP 0 0 1.00000 true false true false true false false false false false false false false false false false false false true false FS-ISAC EUROPE LIMITED R 1856905 ACTUAL AMOUNT FS-ISAC ASIA-PACIFIC PTE LTD R 1267631 ACTUAL AMOUNT FS-ISAC R 181167 ACTUAL AMOUNT FS-ISAC B 1 ACTUAL AMOUNT FS-ISAC EUROPE LIMITED D 441882 ACTUAL AMOUNT FS-ISAC ASIA-PACIFIC PTE LTD D 898767 ACTUAL AMOUNT FS-ISAC D 72198 ACTUAL AMOUNT