2020-05-11T17:50:25-05:00 2019-06-30 910189318 MOSS ADAMS LLP 999 THIRD AVENUE SUITE 2800 SEATTLE WA 98104 990 2018-07-01 134142147 MERCHANT RISK COUNCIL MERC 2063642789 600 STEWART ST NO 720 SEATTLE WA 981011227 SUZAN SNODGRASS DIRECTOR OF FINANCE & OPERATIONS 2063642789 2020-04-21 1 EMINA O CRESSWELL CPA P01217304 2063026500 2020-04-01 73.239.110.165 2020-04-21 18:28:45 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 66C70FE7EF4BBDAA4DEF06057012E8AA887C6567 2018 2020-09-23 17:36:50Z MRC SUZAN SNODGRASS 600 STEWART ST NO 720 SEATTLE WA 981011227 7428264 0 X WWW.MERCHANTRISKCOUNCIL.ORG X 2000 NY TRADE ASSOCIATION FOCUSED ON MAKING ELECTRONIC COMMERCE MORE SAFE, EFFICIENT, AND PROFITABLE. 9 9 14 55 0 0 0 0 7304736 7373314 21905 54950 0 0 7326641 7428264 0 0 0 0 1466160 1456490 0 0 0 5071904 5140243 6538064 6596733 788577 831531 5722483 7699962 2082647 3222871 3639836 4477091 X MERCHANT RISK COUNCIL IS A MERCHANT-LED TRADE ASSOCIATION FOCUSED ON UNITING ONLINE RETAILERS, CARD COMPANIES, LAW ENFORCEMENT AGENCIES AND SOLUTION PROVIDERS TO MAKE ELECTRONIC COMMERCE MORE SAFE, EFFICIENT AND PROFITABLE. WE LEAD INDUSTRY NETWORKING, EDUCATIONAL PROGRAMS, BENCHMARKING AND ADVOCACY PROGRAMS THAT INVOLVE ALL OF OUR CONSTITUENTS GLOBALLY. 0 0 MERCHANT RISK COUNCIL (MRC) HOSTED THEIR ANNUAL E-COMMERCE PAYMENTS AND RISK CONFERENCE IN LAS VEGAS IN MARCH 2019. THIS CONFERENCE WELCOMED LEADERS AND PROFESSIONALS FROM AROUND THE WORLD; ALL COLLABORATING TO IMPROVE ELECTRONIC COMMERCE AND MAKE ONLINE TRANSACTIONS MORE EFFICIENT, SAFE, AND PROFITABLE. MRC ALSO HOSTED SUCCESSFUL CONFERENCES IN DUBLIN, MATLA AND CHICAGO. IN ADDITION, MRC PROVIDED NUMEROUS WEBINARS AND OTHER EDUCATIONAL OPPORTUNITIES FOR MEMBERS. IT COORDINATED INDUSTRY BENCHMARKING STUDIES IN ITS PRINCIPAL SUBJECT AREAS OF FRAUD, PAYMENTS, AND SECURITY, AS WELL AS SURVEYS ON HOT ISSUES DURING THE YEAR. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 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 0 0 1 17 0 1 14 1 0 1 CJ GM EI 0 0 1 1 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 0 0 0 1 0 0 1 0 X SUZAN SNODGRASS 2063642789 600 STEWART ST SUITE 720 SEATTLE WA 98102 BRAD MARES CHAIR 1.00 X X 0 0 0 JEFF WIXTED TREASURER 1.00 X X 0 0 0 CARMEN HONACKER SECRETARY 1.00 X X 0 0 0 PAUL KUYKENDALL CHAIR (THRU 7/18), CEO 40.00 X X 70845 0 9291 PETER BAYLEY BOARD MEMBER 0.50 X 0 0 0 DAVID REDMOND BOARD MEMBER 0.50 X 0 0 0 CASEY BULLOCK BOARD MEMBER 0.50 X 0 0 0 SAM ANSON BOARD MEMBER 0.50 X 0 0 0 LINDA HOPE BOARD MEMBER 0.50 X 0 0 0 TINA VANBRUNT BOARD MEMBER 0.50 X 0 0 0 RONDA PELLOUX CHIEF EXECUTIVE OFFICER (THRU 7/18) 40.00 X 101532 0 5077 SUZAN SNODGRASS DIRECTOR OF FINANCE & OPERATIONS 40.00 X 144491 0 17915 MARKUS BERGTHALER DIRECTOR OF PROGRAMS & MARKETING 40.00 X 172190 0 20917 JENNY KIEFFER DIRECTOR OF EVENTS 40.00 X 119125 0 16630 DANIELLE NAGAO CHIEF EXECUTIVE OFFICER (THRU 1/18) 40.00 X 113036 0 2171 721219 0 72001 5 1 1 0 SOUND PLANNING 16212 BOTHELL EVERETT HWY F173 MILL CREEK WA 98012 EVENT PLANNING CONSULTING SERVICES 245374 1 CONFERENCE REVENUE 611430 4584918 4584918 MEMBERSHIP DUES 611710 2686314 2686314 OTHER REVENUE 900099 102082 102082 7373314 54950 54950 7428264 7373314 0 54950 X 391868 800600 31180 107694 125148 17168 51437 744746 24017 190576 227100 79179 147308 3448364 33223 15424 UBIT EXPENSE 900 FOREIGN EXCHANGE LOSSES 57549 TRAINING/DEVELOPMENT 47117 B&O TAX EXPENSE 21414 34721 6596733 2170955 3566826 2493578 2551026 563375 1169279 438193 371483 229429 205091 39427 24338 16955 17010 5722483 7699962 502932 816435 1579715 2406436 2082647 3222871 X 3639836 4477091 3639836 4477091 5722483 7699962 831531 5724 0 X 0 1 X 1 0 1 0 0 80937 56599 24338 148492 148492 0 24338 X PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(6), ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAX IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ASSOCIATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ASSOCIATION RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN TAX EXPENSE. AS OF JUNE 30, 2019, THE ASSOCIATION IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. THE ASSOCIATION FILES INCOME TAX RETURNS WITH THE U.S. GOVERNMENT. THE ASSOCIATION'S WHOLLY OWNED SUBSIDIARY, MRC FRAUD & PAYMENTS EU LIMITED, IS A TAXABLE ENTITY UNDER THE LAWS OF IRELAND. AS OF JUNE 30, 2019 AND 2018, NO PROVISION FOR TAXES UNDER THE LAWS OF IRELAND IS NECESSARY FOR THE SUBSIDIARY. EUROPE (INCLUDING ICELAND & GREENLAND) 1 4 PROGRAM SERVICES EUROPEAN MANAGEMENT 577174 EUROPE (INCLUDING ICELAND & GREENLAND) 1 4 PROGRAM SERVICES CONFERENCE 190579 EUROPE (INCLUDING ICELAND & GREENLAND) 1 4 SENDING AGENTS OF THE ORGANIZATION TO ATTEND AND SPEAK AT SEMINARS AND CONFERENCES CONFERENCE 4849 EUROPE (INCLUDING ICELAND & GREENLAND) 1 4 PROGRAM SERVICES CONFERENCE 893762 EUROPE (INCLUDING ICELAND & GREENLAND) 1 4 SENDING AGENTS OF THE ORGANIZATION TO ATTEND AND SPEARK AT SEMINARS AND CONFERENCES CONFERENCE 3934 5 20 0 0 5 20 1670298 0 1670298 0 0 1 0 0 0 PART I, LINE 3: ACTUAL EXPENDITURES IN THE REGION X 0 0 X 1 0 0 SUZAN SNODGRASS DIRECTOR OF FINANCE & OPERATIONS 116066 0 26570 0 1855 0 5994 0 11921 0 162406 0 0 0 MARKUS BERGTHALER DIRECTOR OF PROGRAMS & MARKETING 138524 0 31910 0 1756 0 7224 0 13693 0 193107 0 0 0 DANIELLE NAGAO CHIEF EXECUTIVE OFFICER (THRU 1/18) 34740 0 0 0 78296 0 954 0 1217 0 115207 0 0 0 PART I, LINE 1A SPOUSES AND SIGNIFICANT OTHERS ACCOMPANIED MRC STAFF ON A TRIP TO MIAMI. WHILE THERE MEALS, ENTERTAINMENT AND ACTIVITIES WERE PROVIDED BY THE MRC. AIRFARE WAS NOT PROVIDED. PART I, LINE 1B THERE WAS NO WRITTEN POLICY REGARDING SPOUSAL TRAVEL DURING THE FISCAL YEAR. PART I, LINE 4A DANIELLE NAGAO RECEIVED $78,296 OF SEVERANCE AND WAS ALLOWED TO KEEP A COMPUTER VALUED AT $1,443. FORM 990, PART VI, SECTION A, LINE 6 AS A MEMBERSHIP ORGANIZATION, MRC HAS MULTIPLE LEVELS OF MEMBERSHIP. CURRENT BYLAWS STATE THAT ONLY THE PLATINUM CLASS MERCHANT MEMBERS MAY VOTE ON MATTERS THAT THE BOARD DESIGNATES AS VOTING MATTERS. OTHER CLASSES OF MEMBERS DO NOT HAVE THE RIGHT TO VOTE ON MATTERS THAT THE BOARD DESIGNATES AS VOTING MEMBERS, HOWEVER, ALL CLASSES OF MEMBERS MAY INFLUENCE THE DIRECTION OF THE CORPORATION THROUGH INVOLVEMENT WITH THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A PLATINUM CLASS MERCHANT MEMBERS MAY VOTE ON MATTERS THAT THE BOARD DESIGNATES AS VOTING MATTERS, AND WILL VOTE THROUGH AN INDIVIDUAL OR INDIVIDUALS EMPLOYED BY OR AFFILIATED WITH THE PLATINUM CLASS MERCHANT MEMBER AND SPECIFICALLY PERMITTED TO VOTE ON BEHALF OF THE PLATINUM CLASS MERCHANT MEMBER IN THE PLATINUM CLASS MERCHANT MEMBER AGREEMENT ("VOTER"). OTHER CLASSES OF MEMBERS DO NOT HAVE THE RIGHT TO VOTE ON MATTERS THAT THE BOARD DESIGNATES AS VOTING MATTERS, HOWEVER, ALL CLASSES OF MEMBERS MAY INFLUENCE THE DIRECTION OF THE CORPORATION THROUGH INVOLVEMENT WITH THE BOARD, THE BOARD COMMITTEES OR SUBCOMMITTEES AND SHALL BE CONSIDERED "BONA FIDE" FOR PURPOSES OF THESE BYLAWS AND SECTION 501(C)(6) OF THE CODE AND THE TREASURY REGULATIONS THEREUNDER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE FINANCE AND AUDIT COMMITTEE FOR REVIEW AND APPROVAL BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES THE CEO'S SALARY AND DOCUMENTS THE DECISION BEFORE ANY PAYMENT IS MADE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, BYLAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES 744,746. MERCHANT RISK COUNCIL FOUNDATION 1809 7TH AVE SUITE 1403 SEATTLE WA 98101 261110551 DORMANT WA 501(C)(3) LINE 7 0 MRC FRAUD & PAYMENTS EU LIMITED SUITE 403 1/3 BURTON HALL PARK BUR SANDYFORD DUBLIN EI MEMBERSHIP SERVICES EI MERCHANT RISK COUNCIL C 13895 155476 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 MRC FRAUD & PAYMENTS EU LIMITED M 576869 FAIR MARKET VALUE MRC FRAUD & PAYMENTS EU LIMITED P 576869 FAIR MARKET VALUE