STRATEGY STUDIO / PUBLIC DATA EXPLORER

INTERNATIONAL SOCIETY OF TRANSPORT AIRCRAFT TRADERS: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
INTERNATIONAL SOCIETY OF TRANSPORT AIRCRAFT TRADERS (EIN 52-1304567)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-11
IRS object ID
202023169349301607
Schema version
2019v5.1
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)
Return2020-11-11T08:58:57-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

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 Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521304567EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INTERNATIONAL SOCIETY OF TRANSPORTBusinessNameLine1Txt
Business Name Line2AIRCRAFT TRADINGBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlINTEBusinessNameControlTxt
Phone3123215169PhoneNum

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGUILHERME LOPESPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3123215169PhoneNum
Signature2020-10-22SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

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

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address50.201.115.82IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-10-22IPDt
IP Tm14:12:11IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id91872870442C308E71D4639639BA55902F3C806AAtSubmissionCreationDeviceId
At Submission Filing Device Id91872870442C308E71D4639639BA55902F3C806AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGUILHERME LOPESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 N WABASH AVE NO 2000AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$20,030,465GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.ISTAT.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1984FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionPROVIDE NETWORKING AND EDUCATIONAL OPPORTUNITIES TO AVIATION PROFESSIONALSActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$317,595TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$7,721,006PYProgramServiceRevenueAmt
CY Program Service Revenue$8,270,738CYProgramServiceRevenueAmt
PY Investment Income$524,237PYInvestmentIncomeAmt
CY Investment Income$717,190CYInvestmentIncomeAmt
PY Other Revenue$73,706PYOtherRevenueAmt
CY Other Revenue$357,892CYOtherRevenueAmt
PY Total Revenue$8,318,949PYTotalRevenueAmt
CY Total Revenue$9,345,820CYTotalRevenueAmt
PY Grants And Similar Paid$730,837PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$790,297CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$179,172PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$194,996CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,281,319PYOtherExpensesAmt
CY Other Expenses$7,049,991CYOtherExpensesAmt
PY Total Expenses$7,191,328PYTotalExpensesAmt
CY Total Expenses$8,035,284CYTotalExpensesAmt
PY Revenues Less Expenses$1,127,621PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,310,536CYRevenuesLessExpensesAmt
Total Assets BOY$12,457,996TotalAssetsBOYAmt
Total Assets EOY$14,912,991TotalAssetsEOYAmt
Total Liabilities BOY$1,573,317TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,896,564TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$10,884,679NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$13,016,427NetAssetsOrFundBalancesEOYAmt
MissionPROVIDE MEMBERS WITH THE HIGHEST QUALITY AND BEST-VALUE NETWORKING AND EDUCATION OPPORTUNITIES IN COMMERCIAL AVIATION, ADMINISTERING THE INDUSTRY'S LEADING APPRAISER PROGRAM, AND INVESTING IN THE FUTURE THROUGH THE ISTAT FOUNDATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescCONFERENCES - ISTAT HOSTS ANNUAL CONFERENCES IN NORTH AMERICA, ASIA, EUROPE AND LATIN AMERICA TO PROVIDE MEMBERS EDUCATIONAL FORUMS AND NETWORKING OPPORTUNITIES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescAIR SHOW AND HOLIDAY RECEPTIONS - ISTAT HOSTS ANNUAL RECEPTIONS IN CONJUNCTION WITH MAJOR AIRSHOWS AND AROUND THE HOLIDAYS TO PROVIDE NETWORKING OPPORTUNITIES FOR ITS MEMBERS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescEDUCATION AND RESEARCH - ISTAT PROMOTES EDUCATION AND RESEARCH BY INVESTING IN THE FUTURE THROUGH GRANTS TO THE ISTAT FOUNDATION IN SUPPORT OF INDIVIDUALS AND INSTITUTIONS THAT PROMOTE THE ADVANCEMENT OF COMMERCIAL AVIATION AND HUMANITARIANISM.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 StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
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 Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
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 Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
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)
Phone3123215169PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
GERRY BUTLER
PRESIDENT4.00Yes (X)Yes (X)$0$0$0
KOSTYA ZOLOTUSKY
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
DEAN GERBER
TREASURER2.00Yes (X)Yes (X)$0$0$0
DOUGLAS W RUNTE
PAST PRESIDENT2.00Yes (X)$0$0$0
BRYSON MONTELEONE
CHAIRMAN, APPRAISERS PROGR2.00Yes (X)$0$0$0
JEP THORNTON
CHAIRMAN, ISTAT FOUNDATION2.00Yes (X)$0$0$0
JULIAN BALAAM
DIRECTOR2.00Yes (X)$0$0$0
PETER BLAKENEY
DIRECTOR2.00Yes (X)$0$0$0
MARILYN GAN
DIRECTOR2.00Yes (X)$0$0$0
PAUL GEANEY
DIRECTOR2.00Yes (X)$0$0$0
GERRY LADERMAN
DIRECTOR2.00Yes (X)$0$0$0
RICHARD OWEN WALKER
DIRECTOR2.00Yes (X)$0$0$0
DANIEL PIETRZAK
DIRECTOR2.00Yes (X)$0$0$0
MARY PRETTYMAN
DIRECTOR2.00Yes (X)$0$0$0
JOE YE TIAN
DIRECTOR2.00Yes (X)$0$0$0
JOHN VITALE
DIRECTOR2.00Yes (X)$0$0$0
MICHAEL WARNER
DIRECTOR2.00Yes (X)$0$0$0
MICHAEL WEISS
DIRECTOR2.00Yes (X)$0$0$0
JULIE WICHLIN
EXECUTIVE DIRECTOR30.00Yes (X)$0$0$0
JEFF STRAEBLER
DIRECTOR, APPRAISERS PROGR40.00$165,000$0$19,119Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$165,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$19,119TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SMITHBUCKLIN CORPORATIONBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 N WABASH AVENUE SUITE 2000AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
ServicesMANAGEMENT SERVICESServicesDesc
Compensation$1,833,552CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONFERENCES/WORKSHOPS900099$6,841,138$6,841,138
MEMBERSHIP DUES900099$1,253,250$1,253,250
NETWORKING RECEPTIONS900099$159,092$159,092

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,258TotalRevenueColumnAmt
Related Or Exempt Func Income$17,258RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$8,270,738TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$288,247TotalRevenueColumnAmt
Exclusion$288,247ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$11,060,045SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$10,631,102SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$428,943SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$428,943TotalRevenueColumnAmt
Exclusion$428,943ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$93,840FundraisingGrossIncomeAmt
Fundraising Direct Expenses$53,543FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$40,297TotalRevenueColumnAmt
Exclusion$40,297ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescADVERTISINGDesc
Business541800BusinessCd
Total Revenue Column$317,595TotalRevenueColumnAmt
Unrelated Business Revenue$317,595UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$317,595OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,345,820TotalRevenueColumnAmt
Related Or Exempt Func Income$8,270,738RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$317,595UnrelatedBusinessRevenueAmt
Exclusion$757,487ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$790,297TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$184,119TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$10,877TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,833,552TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$55,003TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,250TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$30,967TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$64,704TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$125,595TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$110,970TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,424,545TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$18,300TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,367TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBANK & CREDIT CARD FEESDesc
Total$221,201TotalAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$141,537TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,035,284TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,172,878BOYAmt
EOY$1,808,016EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$221,141BOYAmt
EOY$215,084EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$848,558BOYAmt
EOY$918,727EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$91,500LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$36,600LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$73,200BOYAmt
EOY$54,900EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$9,142,219BOYAmt
EOY$11,916,264EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,457,996BOYAmt
EOY$14,912,991EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$111,833BOYAmt
EOY$215,847EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,446,005BOYAmt
EOY$1,671,713EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,479BOYAmt
EOY$9,004EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,573,317BOYAmt
EOY$1,896,564EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,884,679BOYAmt
EOY$13,016,427EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,884,679BOYAmt
EOY$13,016,427EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,457,996BOYAmt
EOY$14,912,991EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,310,536ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$837,822NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$16,610OtherChangesInNetAssetsAmt
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)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
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

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$91,500OtherCostOrOtherBasisAmt
Depreciation$36,600DepreciationAmt
Book Value$54,900BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$54,900TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO ISTAT FOUNDATIONDesc
Amt$9,004Amt
FieldValueIRS element (for citing)
Total Liability$9,004TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$10,189,608TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$837,822NetUnrealizedGainsInvstAmt
Other Revenue-$16,610OtherRevenueAmt
Revenue Not Reported$821,212RevenueNotReportedAmt
Revenue Subtotal$9,368,396RevenueSubtotalAmt
Investment Expenses Not Incld$30,967InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$53,543OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$22,576RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,345,820TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,057,860TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$8,057,860ExpensesSubtotalAmt
Investment Expenses Not Incld2$30,967InvestmentExpensesNotIncld2Amt
Other Expenses Not Included-$53,543OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt-$22,576ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,035,284TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationISTAT FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND HAS DETERMINED THEY ARE NOT REQUIRED TO RECORD A LIABIITY FOR ANY SUCH POSITIONS.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE00PROGRAM SERVICESCONFERENCE HELD IN BERLIN IN SEPTEMBER 2019, AS WELL AS AIR SHOW RECEPTIONS HELD IN FRANCE AND NETWORKING / HOLIDAY RECEPTIONS HELD IN LONDON AND DUBLIN.$2,044,324
ASIA00PROGRAM SERVICESCONFERENCE HELD IN SHANGHI IN MAY 2019, AS WELL AS NETWORKING / HOLIDAY RECEPTIONS HELD IN TOKYO.$716,607
SOUTH AMERICA00PROGRAM SERVICESCONFERENCE HELD IN BUENOS AIRES IN NOVEMBER 2019.$214,271
MIDDLE EAST AND NORTH AFRICA00PROGRAM SERVICESAIR SHOW RECEPTIONS HELD IN DUBAI.$74,251
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$3,049,453SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$3,049,453TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III ACCOUNTING METHOD:
SCHEDULE F, PART I, LINE 3IN ADDITION TO THOSE ACTIVITIES DISCLOSED IN PART I OF SCHEDULE F, AS AN INTERNATIONAL SOCIETY FORMED TO PROVIDE MEMBERS WITH NETWORKING AND EDUCATION OPPORTUNITIES IN COMMERICAL AVIATION, ISTAT RECEIVES MEMBERSHIP DUES, CONFERENCE REGISTRATIONS, AND SPONSORSHIPS FROM INDIVIDUALS AND CORPORATIONS WORLDWIDE.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF OUTINGEvent1Nm
Gross Receipts Event1$93,840GrossReceiptsEvent1Amt
Gross Revenue Event1$93,840GrossRevenueEvent1Amt
Rent Facility Costs Event1$40,528RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$13,015OtherDirectExpensesEvent1Amt
Gross Receipts Total$93,840GrossReceiptsTotalAmt
Gross Revenue Total Events$93,840GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$40,528RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$13,015OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$53,543DirectExpenseSummaryEventsAmt
Net Income Summary$40,297NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ISTAT FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 N WABASH AVENUE SUITE 2000AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Recipient EIN541742507RecipientEIN
IRC Section501(C)3IRCSectionDesc
Cash Grant$790,297CashGrantAmt
Valuation Method UsedCASHValuationMethodUsedDesc
Purpose Of GrantFUNDS FOR SCHOLARSHIPS AND GRANTSPurposeOfGrantTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJEFF STRAEBLERPersonNm
TitleDIRECTOR, APPRAISERS PROGRTitleTxt
Base Compensation Filing Org$165,000BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$19,119NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$184,119TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3ISTAT HAS DELEGATED THE MANAGEMENT OF ITS DAILY OPERATIONS TO SMITHBUCKLIN CORPORATION IN CHICAGO. SMITHBUCKLIN CORPORATION IS A MANAGEMENT COMPANY WHICH MANAGES ALL ASPECTS OF THE SOCIETY IN ACCORDANCE WITH THE ISTAT'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 COPROATION EMPLOYEES PROVIDE THESE SERVICES.
FORM 990, PART VI, SECTION A, LINE 6ISTAT'S MEMBERSHIP IS COMPRISED OF INDIVIDUALS WHO SUPPORT THE OBJECTIVES OF THE ORGANIZATION AND SHARE A COMMON BUSINESS INTEREST IN FURTHERING SUCH OBJECTIVES. WHILE CORPORATE OR OTHER ENTITIES MAY BE PERMITTED MULTIPLE INDIVIDUAL MEMBERS, SUCH CORPORATIONS OR OTHER ENTITIES ARE NOT CONSIDERED MEMBERS IN THEIR OWN RIGHT.
FORM 990, PART VI, SECTION A, LINE 7AISTAT'S BOARD OF DIRECTORS IS ELECTED BY ITS MEMBERS, ALL OF WHOM ARE ENTITLED TO VOTE.
FORM 990, PART VI, SECTION B, LINE 11BISTAT'S 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 12CBOARD MEMBERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION C, LINE 19ISTAT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
FORM 990, PART XI, LINE 9:LOSS ON FOREIGN CURRENCY TRANSLATION -16,610.
FORM 990, PART XII, LINE 2C:ISTAT'S BOARD IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND 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 Line1ISTAT FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 N WABASH AVENUE SUITE 2000AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
EIN541742507EIN
Primary ActivitiesSUPPORT INDIVIDUALS & INSTITUTIONS ADVANCING COMMERCIAL AVIATIONPrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
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 Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1INTERNATIONAL SOCIETY OF TRANSPORT AIRCRAFT TRADING FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$790,297InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt