STRATEGY STUDIO / PUBLIC DATA EXPLORER

INTERNATIONAL ASSOCIATION OF BUSINESS COMMUNICATORS: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
INTERNATIONAL ASSOCIATION OF BUSINESS COMMUNICATORS (EIN 03-4080669)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-12
IRS object ID
202133169349305648
Schema version
2020v4.1
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

FieldValueIRS element (for citing)
Return2021-11-12T12:37:44-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362985770PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SELDEN FOX LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1619 ENTERPRISE DRIVEAddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP605238835ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN034080669EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INTERNATIONAL ASSOCIATION OF BUSINESSBusinessNameLine1Txt
Business Name Line2COMMUNICATORSBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlINTEBusinessNameControlTxt
Phone3123216868PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 N WABASH AVENUE NO 2000AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPETER FINNPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3123216868PhoneNum
Signature2021-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstPETERPersonFirstNm
Person LastFINNPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT G WUJEKPreparerPersonNm
PTINP01367472PTIN
Phone6309541400PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerPETER FINNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 N WABASH AVENUE NO 2000AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,929,271GrossReceiptsAmt
Group Return For AffiliatesYes (1)GroupReturnForAffiliatesInd
All Affiliates Included0AllAffiliatesIncludedInd
Group Exemption2740GroupExemptionNum
Organization501cYes (X)Organization501cInd
Website AddressWWW.IABC.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1948FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionBUILD INFLUENCE AND RAISE AWARENESS OF THE VALUE OF ORGANIZATIONAL COMMUNICATIONActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers1000TotalVolunteersCnt
Total Gross UBI$177,329TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$41,939NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$4,063,847PYProgramServiceRevenueAmt
CY Program Service Revenue$2,574,006CYProgramServiceRevenueAmt
PY Investment Income$13,059PYInvestmentIncomeAmt
CY Investment Income$12,123CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$177,329CYOtherRevenueAmt
PY Total Revenue$4,076,906PYTotalRevenueAmt
CY Total Revenue$2,763,458CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,441,175PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$659,929CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,767,417PYOtherExpensesAmt
CY Other Expenses$2,256,924CYOtherExpensesAmt
PY Total Expenses$4,208,592PYTotalExpensesAmt
CY Total Expenses$2,916,853CYTotalExpensesAmt
PY Revenues Less Expenses-$131,686PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$153,395CYRevenuesLessExpensesAmt
Total Assets BOY$1,598,959TotalAssetsBOYAmt
Total Assets EOY$1,169,576TotalAssetsEOYAmt
Total Liabilities BOY$1,608,287TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,416,785TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$9,328NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$247,209NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionIABC IS A GLOBAL MEMBERSHIP ORGANIZATION SERVING MULTI-DISCIPLINARY COMMUNICATION PROFESSIONALS AT ALL STAGES IN THEIR CAREERS BY PROVIDING INFORMATION AND PROFESSIONAL DEVELOPMENT IN ORDER TO BUILD INFLUENCE AND RAISE AWARENESS OF THE VALUE OF ORGANIZATIONAL COMMUNICATION INSIDE AND OUTSIDE THE PROFESSION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescCONFERENCES, SEMINARS, AND EVENTS: IABC HOLDS AN ANNUAL WORLD CONFERENCE EACH JUNE, AS WELL AS VARIOUS OTHER SEMINARS AND EDUCATIONAL EVENTS THROUGHOUT THE YEAR, TO SUPPORT ITS COMMUNITY OF BUSINESS COMMUNICATION PROFESSIONALS WITH INNOVATIVE THINKING, SHARED BEST PRACTICES, IN-DEPTH LEARNING AND CAREER GUIDANCE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescCERTIFICATION - IABC OFFERS CERTIFICATION FOR COMMUNICATION MANAGEMENT PROFESSIONALS (CMP) AND STRATEGIC COMMUNICATION MANAGEMENT PROFESSIONALS (SCMP) THROUGH ITS INITIATIVE WITH THE GLOBAL COMMUNICATION CERTIFICATION COUNCIL.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescCONTENT AND PUBLICATIONS - IABC PROVIDES ONLINE BUSINESS COMMUNICATION RESOURCES, INCLUDING BOOKS, REPORTS, PODCASTS, AND CASE STUDIES PROVIDED AS A BENEFIT OF IABC MEMBERSHIP, AS WELL AS AN WEEKLY ONLINE PUBLICATION, CATALYST, COVERING CRITICAL AND EMERGING ISSUES IN BUSINESS COMMUNICATION.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryCAForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SMITHBUCKLIN CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3123216868PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 N WABASH AVENUE SUITE 2000AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BONNIE CAVER
CHAIR10.00Yes (X)Yes (X)$0$0$0
VICTORIA DEW
IMMEDIATE PAST CHAIR10.00Yes (X)Yes (X)$0$0$0
DANIELLE BOND
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
MALIHA AQEEL
SECRETARY/TREASURER1.00Yes (X)Yes (X)$0$0$0
ALAIN LEGAULT
EXECUTIVE COMMITTEE MEMBER1.00Yes (X)Yes (X)$0$0$0
ANN-MARIE BLAKE
DIRECTOR1.00Yes (X)$0$0$0
DEBORAH HILEMAN
DIRECTOR1.00Yes (X)$0$0$0
JULIE LUDWIG
DIRECTOR1.00Yes (X)$0$0$0
KATIE MACAULAY
DIRECTOR1.00Yes (X)$0$0$0
DERRICK ROZDEBA
DIRECTOR1.00Yes (X)$0$0$0
MATTHEW TIDWELL
DIRECTOR1.00Yes (X)$0$0$0
JONATHAN TREMBLAY
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SMITHBUCKLIN CORPORATION
330 N WABASH AVENUE SUITE 200CHICAGOIL60611ASSOCIATION MANAGEMENT$770,363
BROOK YCIANO
2300 MELVIN ROADOAKLANDCA94602ACCOUNTING SERVICES$167,618
INTRADO DIGITAL MEDIA LLC
11808 MIRACLE HILLS DRIVEOMAHANE68154WEB HOSTING SERVICES$157,328
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$1,379,281$1,379,281
CONFERENCES & SEMINARS900099$1,128,230$1,128,230
CERTIFICATION900099$64,947$64,947
MISCELLANEOUS900099$1,548$1,548
FieldValueIRS element (for citing)
Total Program Service Revenue$2,574,006TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,074TotalRevenueColumnAmt
Exclusion$7,074ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$170,862SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$160,193SecuritiesAmt
Other$5,620OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$10,669SecuritiesAmt
Other-$5,620OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,049TotalRevenueColumnAmt
Related Or Exempt Func Income-$5,620RelatedOrExemptFuncIncomeAmt
Exclusion$10,669ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescADVERTISINGDesc
Business541800BusinessCd
Total Revenue Column$177,329TotalRevenueColumnAmt
Unrelated Business Revenue$177,329UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$177,329OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,763,458TotalRevenueColumnAmt
Related Or Exempt Func Income$2,568,386RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$177,329UnrelatedBusinessRevenueAmt
Exclusion$17,743ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$559,735TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$8,521TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$53,289TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$38,384TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$770,363TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$33,881TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$198,622TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$125TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$670,321TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$21,640TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$41,749TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$200,926TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$28,241TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$68,670TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$13,395TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$36,954TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBANK & CREDIT CARD FEESDesc
Total$107,272TotalAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$64,765TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,916,853TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$559,866BOYAmt
EOY$290,455EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$358,290BOYAmt
EOY$346,290EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$19,386BOYAmt
EOY$57,173EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$83,677BOYAmt
EOY$108,416EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$443,024LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$209,533LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$180,357BOYAmt
EOY$233,491EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$320,477BOYAmt
EOY$133,751EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$72,149BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,757BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,598,959BOYAmt
EOY$1,169,576EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$262,026BOYAmt
EOY$275,670EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,270,762BOYAmt
EOY$942,373EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$150,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$75,499BOYAmt
EOY$48,742EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,608,287BOYAmt
EOY$1,416,785EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$9,328BOYAmt
EOY-$247,209EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$9,328BOYAmt
EOY-$247,209EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,598,959BOYAmt
EOY$1,169,576EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$153,395ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,700NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$82,786OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$443,024OtherCostOrOtherBasisAmt
Depreciation$209,533DepreciationAmt
Book Value$233,491BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$233,491TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO AFFILIATED CHAPTERS AND REGIONS$47,470
DUE TO IABC FOUNDATION$1,272
FieldValueIRS element (for citing)
Total Liability$48,742TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,678,847TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,700NetUnrealizedGainsInvstAmt
Other Revenue-$82,786OtherRevenueAmt
Revenue Not Reported-$84,486RevenueNotReportedAmt
Revenue Subtotal$2,763,333RevenueSubtotalAmt
Investment Expenses Not Incld$125InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$125RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,763,458TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,916,728TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,916,728ExpensesSubtotalAmt
Investment Expenses Not Incld2$125InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$125ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,916,853TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:IABC FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPALS FOR NONPROFIT ORGAIZATIONS AND HAS DETERMINED IT IS NOT REQUIRED TO REPORT A LIABILITY FOR ANY UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2020.
PART XI, LINE 2D - OTHER ADJUSTMENTS:LOSS ON FOREIGN CURRENCY TRANSACTIONS

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3EFFECTIVE 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 6IABC HAS THREE CLASSES OF MEMBERSHIP INCLUDING PROFESSIONAL, STUDENT, AND AFFILIATE.
FORM 990, PART VI, SECTION A, LINE 7AIABC'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 7BAMENDMENTS 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 11BIABC'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 12CANNUALLY 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 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPOON WRITTEN REQUEST.
FORM 990, PART IX, LINE 11GCONFERENCES, 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 2CIABC'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.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE IABC FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 N WABASH AVENUE SUITE 2000AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
EIN942804924EIN
Primary ActivitiesEDUCATION RESEARCHPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12C, III-FIPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1INTERNATIONAL ASSOCIATION OF BUSINESS COMMUNICATORSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Affiliate Listing AffiliateListing

Affiliate Listing AffiliateListingGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INTERNATIONAL ASSOCIATION OF BUSINESS COMMUNICATORSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 NORTH WABASH AVENUE SUITEAddressLine1Txt
Address Line22000AddressLine2Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
EIN034080669EIN
Business Name ControlINTEBusinessNameControlTxt