2020-04-10T09:08:10-05:00 2019-06-30 521853933 JONES MARESCA & MCQUADE PA 1730 RHODE ISLAND AVE NW SUITE 800 WASHINGTON DC 20036 990 2018-07-01 521283024 INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INTE 2023671184 2025 M STREET NW SUITE 800 WASHINGTON DC 20036 MICHAEL PAYNE PRESIDENT AND CEO 2023671184 2020-04-07 1 DAVID JONES P01361002 2022963306 64.88.174.3 2020-04-07 07:30:59 ED P 7CC5291C0C91CA693129841CA74FF53C28D76D1C 8135A10533E138772E75B7028466B6AE3A842BF5 2018 2021-09-10 13:11:23Z MICHAEL PAYNE 2025 M STREET NW SUITE 800 WASHINGTON DC 20036 1757500 0 X WWW.IAADFS.ORG X 1966 MD TO PROMOTE THE AIRPORT DUTY FREE INDUSTRY AS AN IMPORTANT SEGMENT OF THE INTERNATIONAL BUSINESS COMMUNITY; PROVIDE ACTIVITIES WHEREBY OPERATORS OF AIRPORT DUTY FREE STORES AND THEIR SUPPLIERS CAN EXCHANGE INFORMATION ON PRODUCTS AND THEIR DUTY FREE MARKET POTENTIAL; AND SERVE AS A COLLECTIVE VOICE IN REPRESENTING THE AIRPORT DUTY FREE INDUSTRY ON COMMON ISSUES AFFECTING THE MEMBERSHIP. 11 11 0 11 0 0 0 1399 1829142 1665035 59196 89865 0 1201 1888338 1757500 13200 0 0 0 0 0 0 0 0 2059256 1940231 2072456 1940231 -184118 -182731 4990079 4728083 491998 412733 4498081 4315350 X TO PROMOTE THE AIRPORT DUTY FREE INDUSTRY AS AN IMPORTANT SEGMENT OF THE INTERNATIONAL BUSINESS COMMUNITY; PROVIDE ACTIVITIES WHEREBY OPERATORS OF AIRPORT DUTY FREE STORES AND THEIR SUPPLIERS CAN EXCHANGE INFORMATION ON PRODUCTS AND THEIR DUTY FREE MARKET POTENTIAL; AND SERVE AS A COLLECTIVE VOICE IN REPRESENTING THE AIRPORT DUTY FREE INDUSTRY ON COMMON ISSUES AFFECTING THE MEMBERSHIP. 0 1 CONVENTION - THE DUTY FREE TRADE SHOW IS USUALLY HELD DURING THE SPRING IN FLORIDA. THIS ANNUAL EVENT PROVIDES A FORUM FOR THE DEVELOPMENT OF COMMUNICATION AND BUSINESS RELATIONSHIPS BETWEEN BUYERS AND SELLERS OF DUTY FREE PRODUCTS. GOVERNMENT RELATIONS - IAADFS PROVIDES OTHER MEMBERSHIP SERVICES, INCLUDING AN ONGOING GOVERNMENT RELATIONS PROGRAM WHICH MONITORS ACTIVITIES THAT MIGHT HAVE AN IMPACT ON IAADFS MEMBERS AND RESPONDS ACCORDINGLY. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 1 1 0 1 1 0 0 1 1 0 0 1 1 0 0 0 X SMITHBUCKLIN CORPORATION 2023671184 2025 M STREET NW WASHINGTON DC 20036 X ERASMO ORILLAC CHAIRMAN 1.00 X X 0 0 0 DAVID BERNSTEIN IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 LOUIS SNELDERS DIRECTOR 1.00 X 0 0 0 PADRAIG DRENNAN DIRECTOR 1.00 X 0 0 0 GERRY CRAWFORD DIRECTOR 1.00 X 0 0 0 MICHAEL HALPERN DIRECTOR 1.00 X 0 0 0 JOE LYONS DIRECTOR 1.00 X 0 0 0 JOSE GONZALEZ DIRECTOR 1.00 X 0 0 0 RENE RIEDI DIRECTOR 1.00 X 0 0 0 MARK SULLIVAN DIRECTOR 1.00 X 0 0 0 ENRIQUE URIOSTE DIRECTOR 1.00 X 0 0 0 MICHAEL PAYNE PRESIDENT AND CEO 40.00 X 0 0 0 0 0 0 0 0 0 0 SMITHBUCKLIN CORPORATION 2025 M STREET NW SUITE 800 WASHINGTON DC 20036 MANAGEMENT, INCL. EXEC. DIR. COMP 612487 1 1399 1399 CONVENTION 611430 1575535 1575535 MEMBERSHIP DUES 611710 87750 87750 INITIATION FEES 611710 1750 1750 1665035 89865 89865 MISCELLANEOUS 900099 1201 1201 1201 1757500 1666236 0 89865 621970 175 129432 52707 16640 60858 1039644 5971 MISCELLANEOUS 12114 DUES & SUBSCRIPTIONS 720 1940231 303556 205598 3009819 3131766 111055 142981 844 782 1532000 1209000 32805 37956 4990079 4728083 437248 380933 30000 30000 24750 1800 491998 412733 X 4498081 4315350 4498081 4315350 4990079 4728083 -182731 0 X X 0 1 X 1 0 0 0 0 87750 1520 1520 0 1520 0 X 1757325 0 1757325 175 175 1757500 1940056 0 1940056 175 175 1940231 PART X, LINE 2: IAADFS BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THERE ARE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED. FORM 990, PART III, LINE 3 THE INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES (IAADFS) DISCONTINUED THE PUBLICATIONS PROGRAM IN JUNE 2018. IAADFS PUBLISHED AN ONLINE BI-WEEKLY NEWSLETTER, "NEWSBRIEFS," TO PROVIDE INFORMATION AND UPDATES TO MEMBERS. FORM 990, PART VI, SECTION A, LINE 3 IAADFS ENTERED IN TO A MANAGEMENT CONTRACT WITH SMITHBUCKLIN. UNDER THE TERMS OF THIS AGREEMENT, IAADFS MAKES PAYMENTS TO SMITHBUCKLIN WHICH COVERS STAFF SALARIES AND OTHER OVERHEAD EXPENSES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO NOMINATE AND ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE ASSOCIATION SHALL MEET ANNUALLY TO ELECT A BOARD OF DIRECTORS AS PROVIDED BY THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 AND DISTRIBUTES A COPY TO THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION OF AN INDEPENDENT AUDITOR PROCESS DURING THE TAX YEAR.