2018-03-14T14:16:33-05:00 2017-06-30 910189318 Moss Adams LLP 999 Third Avenue Suite 2800 Seattle WA 98104 990 2016-07-01 134142147 Merchant Risk Council MERC 2063642789 600 Stewart St No 720 Seattle WA 98102 Suzan Snodgrass CFO 2063642789 2018-03-10 1 Emina O Cresswell CPA P01217304 2063026500 2018-03-09 24.19.117.238 2018-03-10 13:28:58 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 CF867E6211062D33C5741DCF23E1D04ABCEE821D 2016 2021-01-29 14:40:06Z X Suzan Snodgrass 600 Stewart St No 720 Seattle WA 98102 6078929 0 X www.merchantriskcouncil.org X 2000 NY TRADE ASSOCIATION FOCUSED ON MAKING ELECTRONIC COMMERCE MORE SAFE, EFFICIENT, AND PROFITABLE. 8 8 12 55 0 0 0 0 5492136 6068878 -53165 10051 0 0 5438971 6078929 0 0 0 0 1409150 1421069 0 0 0 3772660 4252624 5181810 5673693 257161 405236 5106678 5767535 2657583 2913798 2449095 2853737 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 2017. 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 Spain, Atlanta and Vienna. 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 13 0 1 12 1 0 1 CJ GM EI 0 0 1 1 0 X 8 8 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 0 1 0 0 1 0 X Suzan Snodgrass 2063642789 600 Stewart St Suite 720 Seattle WA 98102 Ronda Pelloux Chair 1.00 X X 0 0 0 Paul Kuykendall Secretary 1.00 X X 0 0 0 Tim Murphy Treasurer 0.50 X X 0 0 0 Brad Mares Board Member 0.50 X 0 0 0 Peter Bayley Board Member 0.50 X 0 0 0 Jeff Wixted Board Member 1.00 X 0 0 0 Catherine Moore Board Member 0.50 X 0 0 0 Kevin Dallas Board Member 0.50 X 0 0 0 Diarmuid Considine Board Member - 12/1/16 0.50 X 0 0 0 Floris de Kort Board Member - 7/1/16 0.00 X 0 0 0 Danielle Nagao Chief Executive Officer 40.00 X 321200 0 19765 Suzan Snodgrass Director of Finance 40.00 X 120745 0 16791 Markus Bergthaler Programs Director 40.00 X 154437 0 20110 596382 0 56666 3 0 1 0 Sound Planning 7103 34th Ave NW sEATTLE WA 98117 Event Planning Consulting services 263815 1 Conference Revenue 611430 3740719 3740719 Membership Dues 611710 2252340 2252340 Other Revenue 900099 75819 75819 6068878 10051 10051 6078929 6068878 0 10051 X 466646 718234 26888 101554 107747 11201 42303 592801 26200 174511 214847 63206 119400 2850077 60427 20980 B&O 27272 European Admin Expense 15465 Foreign Exchange Losses 12249 Recognition 11151 10534 5673693 2502787 2924036 966948 1472626 1138778 931359 348088 316361 203570 108144 130277 95426 19800 27727 5106678 5767535 503600 1075468 2153983 1838330 2657583 2913798 X 2449095 2853737 2449095 2853737 5106678 5767535 405236 -594 0 X 0 1 X 1 0 1 0 0 4092 4092 0 50986 20345 30641 148492 83707 64785 95426 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, 2017, THE ASSOCIATION IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. THE ASSOCIATION FILES INCOME TAX RETURNS WITH THE U.S. GOVERNMENT. Europe (Including Iceland & Greenland) 1 4 Program Services European Management 532702 Europe (Including Iceland & Greenland) 1 4 Program Services Conference 189381 Europe (Including Iceland & Greenland) 1 4 Program Services Conference 656775 3 12 0 0 3 12 1378858 0 1378858 0 0 1 0 0 0 Part I, line 3: Actual expenditures in the region X 0 0 0 Danielle Nagao Chief Executive Officer 222200 0 99000 0 0 0 11082 0 8683 0 340965 0 0 0 Markus Bergthaler Programs Director 136343 0 17254 0 840 0 6880 0 13230 0 174547 0 0 0 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 B, line 11b THE FORM 990 IS REVIEWED BY THE FINANCE DIRECTOR AND THE CEO. IT IS PRESENTED TO THE FINANCE AND AUDIT COMMITTEE FOR REVIEW AND APPROVAL. After the F&A committee review it is then filed. The final 990 is given to the Global board for their information. 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 592,801. 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 6647 128218 1.00000 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 MRC FRAUD & PAYMENTS EU LIMITED M 532076 FMV