2020-11-02T12:07:04-06:00 2019-12-31 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2019-01-01 540621493 AVIXA INC AVIX 7032737200 11242 WAPLES MILL ROAD SUITE 200 FAIRFAX VA 22030 DAVID LABUSKES CEO 7032737200 2020-10-21 1 DANIEL O'SHEA P00957510 3016529100 2020-10-21 209.59.242.37 2020-10-21 08:07:24 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F9BA0E82A6D947CC92540FBC56E8B73643681DA5 2019 2021-04-22 16:20:28Z DAVID LABUSKES 11242 WAPLES MILL ROAD SUITE 200 FAIRFAX VA 22030 41487478 0 X WWW.AVIXA.ORG X 1939 VA TO PROVIDE EXPOSITIONS, EDUCATION/TRAINING, INDUSTRY TECHNOLOGY UPDATES, CERTIFICATION, MARKET RESEARCH, AND NETWORKING OPPORTUNITIES TO ENTERPRISES AND PROFESSIONALS IN THE AV INDUSTRY. 12 12 145 532 0 0 0 0 34848092 36807767 2586258 2952697 429965 605487 37864315 40365951 0 0 0 0 15030480 16339425 0 0 0 21134458 21828980 36164938 38168405 1699377 2197546 42463077 51451284 16408625 18873593 26054452 32577691 TO PROVIDE EXPOSITIONS, EDUCATION/TRAINING, INDUSTRY TECHNOLOGY UPDATES, PUBLICATIONS, MARKET RESEARCH, AND NETWORKING OPPORTUNITIES TO ENTERPRISES AND PROFESSIONALS IN THE AUDIO VISUAL INDUSTRY. 0 0 PROVIDE RESOURCES AND INFORMATION ABOUT THE AUDIOVISUAL INDUSTRY, INCLUDING STANDARDS ON INDUSTRY TECHNOLOGY AND PROCESSES, MARKET RESEARCH, AND ORGANIZE CONFERENCES AND INDUSTRY EVENTS OFFERING CONTENT ON INDUSTRY DEVELOPMENTS AND NETWORKING OPPORTUNITIES. ORGANIZE TRADE SHOWS IN MULTIPLE COUNTRIES, TO PROVIDE ENTERPRISES A VENUE TO EXHIBIT CURRENT AUDIOVISUAL TECHNOLOGIES AND SOLUTIONS AND TO OFFER INDUSTRY PROFESSIONALS A PLACE TO NETWORK, SEE TECHNOLOGIES AND RECEIVE AV INDUSTRY TRAINING. PROVIDE EDUCATION AND TRAINING ON INDUSTRY SPECIFIC TOPICS AS WELL AS OFFER CERTIFICATION TO AV PROFESSIONALS AND COMPANIES. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 X 111 0 1 145 1 0 1 AS GM SN CH UK IN 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X GREG FEEHAN 7032737200 11242 WAPLES MILL ROAD STE 200 FAIRFAX VA 22030 JULIAN PHILLIPS CHAIR, LEADERSHIP SEARCH COMMITTEE 3.00 X X 0 0 0 JOSEPH PHAM CHAIRMAN 3.00 X X 0 0 0 JEFF DAY VICE CHAIRMAN 3.00 X X 0 0 0 JON SIDWICK SECRETARY/TREASURER 3.00 X X 0 0 0 VICTORIA DADE DIRECTOR 1.00 X 0 0 0 WALLACE JOHNSON DIRECTOR 1.00 X 0 0 0 BHARATH KUMAR DIRECTOR 1.00 X 0 0 0 CATHRYN LAI DIRECTOR 1.00 X 0 0 0 SHAOLEI LIU DIRECTOR 1.00 X 0 0 0 RODRIGO ORDONEZ DIRECTOR 1.00 X 0 0 0 SAMANTHA PHENIX DIRECTOR 1.00 X 0 0 0 MARTIN SAUL DIRECTOR 1.00 X 0 0 0 DAVID LABUSKES CEO 37.50 X 945321 0 67519 GREGORY FEEHAN CFO 37.50 X 343916 0 29588 HEIDI VOORHEES COO 35.63 1.87 X 308568 16241 33497 DANIEL GOLDSTEIN CMO 37.50 X 315521 0 18555 ROCHELLE RICHARDSON SR. VP OF EXPOSITIONS 37.50 X 287269 0 15826 JASON MCGRAW SR. VP OF EXPOS (OUTGOING 1/2019) 37.50 X 228830 0 0 TERRY FRIESENBORG CGO (OUTGOING 12/2019) 37.50 X 385275 0 31627 KAPIL KHER VP OF IT 37.50 X 218337 0 34614 TERENCE O'BRIEN SR. DIRECTOR OF FINANCE & ADMIN 37.50 X 198792 0 30741 SEAN WARGO SR. DIRECTOR OF MARKET INTELLIGENCE 37.50 X 187679 0 30408 AMANDA BECKNER VP OF LEARNING 37.50 X 162403 0 29501 KURT ST CLAIR SR. DIRECTOR OF EXPOSITIONS 37.50 X 160524 0 29359 3742435 16241 351235 37 0 1 0 FAIRFAX RIDGE OFFICES LLC 12601 FAIR LAKES CIRCLE STE 1 FAIRFAX VA 22033 PROPERTY MANAGEMENT 843599 VENABLE LLP PO BOX 62727 BALTIMORE MD 212642727 LEGAL SERVICES 265667 MARDI GRAS WORLD LLC 1380 PORT OF NEW ORLEANS PLACE NEW ORLEANS LA 70130 EXPOSITION AND CONFERENCE VENUE 145341 BEALE STREET BLUES CO ORLANDO 149 MONROE AVENUE MEMPHIS TN 38103 EXPOSITION AND CONFERENCE VENUE 132185 COHNREZNICK LLP 7501 WISCONSIN AVENUE STE 400E BETHESDA MD 208146583 AUDIT AND ACCOUNTING SERVICES 117831 7 TRADE SHOW 900099 29099760 29099760 MEMBERSHIP DUES AND MEMBER ACTIVI 900099 4393809 4393809 CERTIFICATION 900099 1831254 1831254 EDUCATION & TRAINING 900099 1482944 1482944 36807767 2235739 2235739 1838485 1087843 33684 750642 -33684 716958 716958 MISCELLANEOUS REVENUE 900099 605487 605487 605487 40365951 8313494 0 32052457 3010090 10830512 375922 1194665 928236 262010 181502 78513 3603553 1777843 1506909 1270765 1066152 2777964 4695422 566977 239990 TRAINING & EDUCATION 1880901 MISC. EXPENSES 788804 FOOD AND BEVERAGE 787059 DUES & SUBSCRIPTIONS 301157 43459 38168405 473485 1468287 3352067 4335506 171385 379868 1451637 1623839 5223815 4357634 1145405 866181 29858719 36217188 2108614 2598286 3750000 3750000 151765 212129 42463077 51451284 2515611 2338846 13160148 15818146 732866 716601 16408625 18873593 X 26054452 32577691 26054452 32577691 42463077 51451284 X 2197546 3832100 493593 X 0 1 X 1 0 0 1 0 1943976 1702175 241801 3279839 2655459 624380 866181 2598286 C 2598286 DEFERRED LEASE INCENTIVE 308429 DUE TO AFFILIATES 408172 716601 X 77468294 3832100 33315072 37147172 40321122 78513 -33684 44829 40365951 62431117 24341225 24341225 38089892 78513 78513 38168405 PART X, LINE 2: AVIXA, INC. IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(6) AND IS REQUIRED TO PAY FEDERAL INCOME TAXES ONLY ON UNRELATED BUSINESS INCOME. AVIXA, INC. DID NOT INCUR A TAX LIABILITY FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018; THEREFORE, THERE IS NO PROVISION IN THESE CONSOLIDATED FINANCIAL STATEMENTS FOR INCOME TAXES. IN ACCORDANCE WITH THE PROVISIONS IN THE INCOME TAXES TOPIC 740 OF THE FASB ASC, AVIXA, INC. HAS PERFORMED AN EVALUATION OF ITS TAX POSITIONS AND BELIEVES IT HAS APPROPRIATE SUPPORT FOR ITS TAX POSITIONS TAKEN. THERE IS NO PROVISION IN THESE CONSOLIDATED FINANCIAL STATEMENTS FOR PENALTIES AND INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018. TAX YEARS PRIOR TO 2016 ARE NO LONGER SUBJECT TO EXAMINATION BY THE IRS OR THE TAX JURISDICTION OF THE COMMONWEALTH OF VIRGINIA. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARIES' REVENUE, NET OF INTERCOMPANY TRANSACTIONS 33,315,072. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL, NETTED WITH EXPENSES ON F/S -33,684. PART XII, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARIES' EXPENSES, NET OF INTERCOMPANY TRANSACTIONS 24,307,541. LOSS ON DISPOSAL, NETTED WITH EXPENSES ON F/S 33,684. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 10 PROGRAM SERVICES MEMBERSHIP & EDUCATION 1410418 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 6 PROGRAM SERVICES MEMBERSHIP & EDUCATION 965306 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 5 PROGRAM SERVICES MEMBERSHIP & EDUCATION 526186 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 3 PROGRAM SERVICES MEMBERSHIP & EDUCATION 289597 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 1 PROGRAM SERVICES MEMBERSHIP & EDUCATION 116076 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES MEMBERSHIP & EDUCATION 12916 1 25 0 0 1 25 3320499 0 3320499 0 0 1 0 0 0 PART III ACCOUNTING METHOD: X 1 1 X X X X 1 0 0 DAVID LABUSKES CEO 661858 0 227500 0 55963 0 9418 0 58101 0 1012840 0 0 0 GREGORY FEEHAN CFO 283058 0 58966 0 1892 0 6487 0 23101 0 373504 0 0 0 HEIDI VOORHEES COO 251650 13245 54987 2894 1931 102 9044 0 23230 1223 340842 17464 0 0 DANIEL GOLDSTEIN CMO 285825 0 27374 0 2322 0 9010 0 9545 0 334076 0 0 0 ROCHELLE RICHARDSON SR. VP OF EXPOSITIONS 266234 0 20000 0 1035 0 8667 0 7159 0 303095 0 0 0 JASON MCGRAW SR. VP OF EXPOS (OUTGOING 1/2019) 0 0 30675 0 198155 0 0 0 0 0 228830 0 0 0 TERRY FRIESENBORG CGO (OUTGOING 12/2019) 310887 0 66760 0 7628 0 11200 0 20427 0 416902 0 0 0 KAPIL KHER VP OF IT 194258 0 23659 0 420 0 7667 0 26947 0 252951 0 0 0 TERENCE O'BRIEN SR. DIRECTOR OF FINANCE & ADMIN 183058 0 15137 0 597 0 7640 0 23101 0 229533 0 0 0 SEAN WARGO SR. DIRECTOR OF MARKET INTELLIGENCE 174722 0 12390 0 567 0 7307 0 23101 0 218087 0 0 0 AMANDA BECKNER VP OF LEARNING 147058 0 15021 0 324 0 6400 0 23101 0 191904 0 0 0 KURT ST CLAIR SR. DIRECTOR OF EXPOSITIONS 148495 0 11303 0 726 0 6258 0 23101 0 189883 0 0 0 PART I, LINE 1A IN 2019, THE SPOUSES OF THE CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER, CHIEF GLOBAL OFFICER AND CHIEF FINANCIAL OFFICER OF AVIXA TRAVELED WITH AVIXA DURING ONE BUSINESS EVENT. THE BENEFIT RECEIVED WAS INCLUDED IN THEIR W-2. PART I, LINE 4A SEVERANCE PAID IN 2019: JASON MCGRAW (SEVERANCE $153,373; BONUS $30,675) FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE THE DESIGNATED CONTACTS OF MEMBER COMPANIES AND ORGANIZATIONS. THEY ARE EACH ENTITLED TO 1 VOTE. MEMBERS MAY ELECT THE SECRETARY-TREASURER (WHO ASCENDS INTO THE THREE OTHER OFFICER ROLES YEAR BY YEAR) AND 4 DIRECTORS AT-LARGE AND FILL OFFICER VACANCIES. IF THE BOARD PROPOSES A CHANGE TO THE BYLAWS, THE MEMBERS MUST APPROVE BY A TWO-THIRDS VOTE OF MEMBERS RETURNING VALID BALLOTS. FORM 990, PART VI, SECTION A, LINE 7A SEE THE RESPONSE FOR FORM 990, PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION A, LINE 7B SEE THE RESPONSE FOR FORM 990, PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION B, LINE 11B IN ADVANCE OF A BOARD MEETING, THE BOARD OF DIRECTORS RECEIVES A DRAFT OF THE FORM 990 FOR REVIEW. AT THE BOARD MEETING, THE CHIEF FINANCIAL OFFICER CONDUCTS A DETAILED REVIEW OF THE 990 AND ITS CONTENTS AND RESPONDS TO ANY QUESTIONS ARISING FROM THE BOARD'S REVIEW OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR IS ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRMAN OF THE BOARD OF DIRECTORS PERFORMS AN ANNUAL EVALUATION TO REVIEW COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. PRIOR TO THE EXECUTION OR EXTENSION OF CHIEF EXECUTIVE OFFICER'S EMPLOYMENT CONTRACT, THE ELECTED OFFICERS MEET AND EVALUATE THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. A DETAILED JOB ANALYSIS AND OTHER SALARY SURVEYS, AS PREPARED BY A THIRD PARTY COMPENSATION CONSULTING FIRM, ARE REVIEWED AND USED AS BENCHMARKING TOOLS. A DETERMINATION IS MADE ON THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER, AND THE BOARD OF DIRECTORS APPROVES THE PROPOSED NEW OR EXTENDED EMPLOYMENT CONTRACT AND RELATED COMPENSATION. FOR THE OTHER KEY EMPLOYEES AND OFFICERS OF THE ORGANIZATION, THE CHIEF EXECUTIVE OFFICER REVIEWS AND EVALUATES THEIR COMPENSATION ON AN ANNUAL BASIS AND USES COMPENSATION TOOLS, INCLUDING BENCHMARKING DATA, TO DETERMINE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST (ELECTRONICALLY OR HARD COPY). PART VI, SECTION B, LINE 16B (JOINT VENTURE ARRANGEMENTS): ALL JOINT VENTURE AGREEMENTS OR SIMILAR ARRANGEMENTS, BETWEEN AVIXA AND OUTSIDE PARTIES MUST BE REVIEWED AND APPROVED BY LEGAL COUNSEL AND THE CHIEF FINANCIAL OFFICER PRIOR TO EXECUTION. LEGAL COUNSEL AND THE CHIEF FINANCIAL OFFICER CAREFULLY REVIEW AND CONSIDER ANY TAX IMPLICATIONS AND/OR IMPACT ON AVIXA'S EXEMPT STATUS PRIOR TO APPROVING. APPROVED CONTRACTS ARE SUBMITTED TO THE CEO, CHIEF GLOBAL OFFICER, OR CHIEF MARKETING OFFICER FOR REVIEW AND APPROVAL. FORM 990, PART XI, LINE 9: EQUITY EARNINGS IN SUBSIDIARIES, NET 493,593. INTL COMMUNICATIONS INDUSTRIES FDN 11242 WAPLES MILL RD FAIRFAX VA 22030 541796648 SUPPORTING ORG. VA 501(C)(3) LINE 12B, II AVIXA 1 AVIXA FOUNDATION INC 11242 WAPLES MILL RD FAIRFAX VA 22030 832521416 SUPPORTING ORG. VA 501(C)(3) LINE 12A, I AVIXA 1 INTEGRATED SYSTEMS EVENTS LLC 11242 WAPLES MILL FAIRFAX VA 22030 200280413 TRADE SHOW DE N/A 6988700 13773224 0 1 0.50000 INFOCOMM INFORMATION RESOURCES INC 11242 WAPLES MILL RD FAIRFAX VA 22030 364457323 INACTIVE VA AVIXA C 1.00000 1 INFOCOMMASIA PTE LTD 20 KALLANG AVE 2ND FLR SINGAPORE SN 339411 TRADE SHOW SN AVIXA C 1763894 6415809 0.55000 1 INFOCOMM ASIA (CHINA) CO LTD RMB 162BLDG1YARD 15GUANGHUA RD BEIJING CH TRADE SHOW CH IAPL C 0.55000 1 AVIEA GERMANY GMBH C/O CROWE KLEEBERG GMBH MUNCHEN GM 80333 MEMBERSHIP & EDUCATION GM AVIXA C 27353 136243 1.00000 1 AVIXA SINGAPORE PTE LTD 1 JALAN KILANG TIMOR PACIFIC TECH SINGAPORE SN 159303 MEMBERSHIP & EDUCATION SN AVIXA C -7556 170912 1.00000 1 AVIXA AUSTRALIA PTY LTD LEVEL 14 440 COLLINS STREET MELBOURNE VICTORIA AS 3000 MEMBERSHIP & EDUCATION AS AVIXA C -1372 80362 1.00000 1 AVIXA INDIA PRIVATE LIMITED 902 9TH FLOOR VIJAYA BLDG 17 BAR NEW DELHI IN 110001 MEMBERSHIP & EDUCATION IN AVIXA C 11573 309891 0.99950 1 AVIXA UK LIMITED CARRICK HOUSE LYPIATT ROAD CHELTENHAM GLOUCESTERSHIRE UK GL502QJ MEMBERSHIP & EDUCATION UK AVIXA C 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 1 1 INFOCOMMASIA PTE LTD L 130000 COST - MGMT FEE INFOCOMMASIA PTE LTD Q 56294 COST - EXPENSES INFOCOMMASIA PTE LTD R 1284800 PROFIT DISTRIBUTION/DIVIDEND COST INTERNATIONAL COMMUNICATIONS INDUSTRIES FOUNDATION INC O 247019 COST - P&L SALARY CHARGE ISE LLC L 142654 COST - MGMT FEE ISE LLC Q 190852 COST - EXPENSES ISE LLC S 7214202 PROFIT DISTRIBUTION/DIVIDEND COST AVIXA SINGAPORE PTE LTD R 277124 FUNDING TRANSFERS TO SINGAPORE AVIEA GERMANY GMBH R 646584 FUNDING TRANSFERS TO GERMANY AVIXA AUSTRALIA PTY LTD R 342682 FUNDING TRANSFERS TO AUSTRALIA AVIXA INDIA PTE LTD R 236457 FUNDING TRANSFERS TO INDIA