NATIONAL CARGO BUREAU INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL CARGO BUREAU INC (EIN 13-5615188)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-09-07
- IRS object ID
- 201842509349301209
- Schema version
- 2017v2.3
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-09-07T15:02:30-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 665 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135615188 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL CARGO BUREAU INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 2127858300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 MAIDEN LANE NO 903 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10038 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | IAN J LENNARD | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2127858300 | PhoneNum |
| Signature | 2018-09-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2018-09-07 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 4.15.211.182 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-09-07 | IPDt |
| IP Tm | 14:54:00 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | C5C0E2060BEB3F24671B5CC0358F632D6B4109AD | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | IAN J LENNARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 MAIDEN LANE NO 903 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10038 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $25,694,023 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.NATCARGO.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1952 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION'S MISSION IS TO PROVIDE RECOMMENDATIONS FOR THE SAFE STOWAGE OF DANGEROUS GOODS AND OTHER CARGOES, AND DESIGN, STRENGTH, SAFETY AND SUITABILITY OF CARGO HANDLING GEAR AND CONTAINERS INCLUDING THE SECURITY AND INTEGRITY OF CONTAINERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 134 | TotalEmployeeCnt |
| Total Volunteers | 23 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $20,736,782 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $20,673,826 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,790,870 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,430,628 | CYInvestmentIncomeAmt |
| PY Other Revenue | $49,661 | PYOtherRevenueAmt |
| CY Other Revenue | $25,307 | CYOtherRevenueAmt |
| PY Total Revenue | $22,577,313 | PYTotalRevenueAmt |
| CY Total Revenue | $23,129,761 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,500 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,377,870 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,161,526 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,917,623 | PYOtherExpensesAmt |
| CY Other Expenses | $3,169,921 | CYOtherExpensesAmt |
| PY Total Expenses | $15,298,493 | PYTotalExpensesAmt |
| CY Total Expenses | $16,334,947 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,278,820 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,794,814 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $68,949,877 | TotalAssetsBOYAmt |
| Total Assets EOY | $87,323,554 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $525,368 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $750,694 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $68,424,509 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $86,572,860 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE PURPOSE FOR WHICH NCB WAS FORMED IS TO FORMULATE AND RECOMMEND PROCEDURES, PRACTICES, RULES AND REGULATIONS FOR THE SAFE LOADING, STOWING, SECURING AND UNLOADING OF CARGO AND SUITABILITY OF CARGO HANDLING GEAR AND CARGO CONTAINERS, INCLUDING THE SECURITY AND INTEGRITY OF CONTAINERS; TO PROVIDE INSPECTION SERVICES IN RELATION TO THE LOADING, STOWING, SECURING AND UNLOADING OF CARGO AND CARGO CONTAINERS AND AS TO THE DESIGN, STRENGTH, SAFETY AND SUITABILITY OF CARGO HANDLING GEAR AND CARGO CONTAINERS, INCLUDING THE SECURITY AND INTEGRITY OF CONTAINERS; TO ISSUE CERTIFICATES, EITHER IN ITS OWN NAME OR AS AGENT, IN RESPECT OF THE FOREGOING; AND GENERALLY TO PROMOTE THE SECURITY OF LIFE AND CARGO AT SEA. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE BUREAU PROVIDES RECOMMENDATIONS FOR THE SAFE STOWAGE OF DANGEROUS GOODS AND OTHER CARGOES, AND DESIGN, STRENGTH, SAFETY AND SUITABILITY OF CARGO HANDLING GEAR AND CARGO CONTAINERS INCLUDING THE SECURITY AND INTEGRITY OF CONTAINERS. IT WORKS AT THE INDUSTRY LEVEL TO ACHIEVE UNIFORMITY OF SAFETY STANDARDS AND REGULATIONS AND TO REMOVE OBSTACLES THAT RESULT FROM LACK OF UNIFORMITY FOR THE STOWAGE OF CARGO. IT IS A CENTRAL INFORMATION AGENCY SPECIALIZED IN MOBILIZING DATA ON COMMODITIES OFFERED FOR WATER TRANSPORTATION; TO OFFER LOW COST CARGO LOADING INSPECTION SERVICE, WHETHER ABOARD VESSELS OR IN CONTAINERS, AND AN INSPECTION SERVICE OF CARGO, CONTAINERS AND CARGO HANDLING GEAR; AND GENERALLY TO PROMOTE THE SECURITY OF LIFE AND CARGO AT SEA. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 20 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 134 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD NAGLE CHIEF FINANCIAL OFFICER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2127858300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 MAIDEN LANE NO 903 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10038 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DEIRDRE H LITTLEFIELD | ||||||||
| CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOHN W SULLIVAN | ||||||||
| DEPUTY CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ROBERT C GALLAGHER | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| IAN J LENNARD | ||||||||
| PRESIDENT | 40.00 | Yes (X) | Yes (X) | $471,882 | $0 | $86,157 | ||
| KRISTIAN WIEDE | ||||||||
| CORPORATION SECRETARY | 40.00 | Yes (X) | Yes (X) | $228,589 | $0 | $53,910 | ||
| ROGER F ABLETT | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JORGE AGUIRRE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| VIRGINIA CAMERON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH J COX | ||||||||
| DIRECTOR THROUGH MARCH 6, 2017 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SEAN M DALTON | ||||||||
| DIRECTOR THROUGH MARCH 6, 2017 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD J DECKER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARTIN J DEMPSEY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD D DESIMONE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| IAN DUTHIE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN J FERRARA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PHILIP H GREENE | ||||||||
| DIRECTOR THROUGH MARCH 6, 2017 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DONALD HARRELL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CLIFFORD JAGOE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS W MERRELL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN W MURRAY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES P NAWOJCHIK | ||||||||
| DIRECTOR THROUGH MARCH 6, 2017 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JORGE PECCI | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT H POUCH | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD SOJA | ||||||||
| DIRECTOR THROUGH MARCH 6, 2017 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CAPT EA STAMOULIS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD J NAGLE | ||||||||
| CFO | 40.00 | Yes (X) | $272,484 | $0 | $104,690 | |||
| GEOFFREY J DAVIES | ||||||||
| CHIEF SURVEYOR | 40.00 | $222,512 | $0 | $78,328 | Yes (X) | |||
| ROBERT AHLBORN | ||||||||
| VP, LINER ACTIVITIES | 40.00 | $178,792 | $0 | $17,157 | Yes (X) | |||
| PETER HO | ||||||||
| DEPUTY CHIEF SURVEYOR-GULF | 40.00 | $173,225 | $0 | $63,105 | Yes (X) | |||
| PHILIP ANDERSON | ||||||||
| CHIEF TECHNICAL DIRECTOR | 40.00 | $162,887 | $0 | $59,895 | Yes (X) | |||
| EDWARD WALKER | ||||||||
| DEPUTY CHIEF SURVEYOR-WEST | 40.00 | $161,618 | $0 | $32,572 | Yes (X) | |||
| ERIC ROUNDS | ||||||||
| DEPUTY CHIEF SURVEYOR-NORTH ATLANTIC & GREAT LAK | 40.00 | $154,397 | $0 | $36,190 | Yes (X) | |||
| THOMAS SHERIDAN | ||||||||
| DEPUTY CHIEF SURVEYOR-SOUTH ATLANTIC | 40.00 | $145,775 | $0 | $60,273 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,172,161 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $592,277 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 36 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 665 5TH AVE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | AUDIT AND VALUATION | ServicesDesc |
| Compensation | $144,750 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INSPECTION SERVICES | 480000 | $20,587,117 | $20,587,117 |
| COURSES/SEMINARS | 611710 | $45,983 | $45,983 |
| IMDG CODE/STOWAGE | 480000 | $40,726 | $40,726 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $20,673,826 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,880,567 | TotalRevenueColumnAmt |
| Exclusion | $1,880,567 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,029,061 | SecuritiesAmt |
| Other | $85,262 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,555,633 | SecuritiesAmt |
| Other | $8,629 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $473,428 | SecuritiesAmt |
| Other | $76,633 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $550,061 | TotalRevenueColumnAmt |
| Exclusion | $550,061 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $25,307 | TotalRevenueColumnAmt |
| Exclusion | $25,307 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $25,307 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,129,761 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,673,826 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,455,935 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,500 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,678,978 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,896,355 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,206 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,483,927 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $925,060 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,928 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,971 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,061 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,152 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $313,633 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,668 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $710,135 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $435,233 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,749 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $463,266 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $463,566 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| RELOCATION EXPENSES | $80,411 |
| LOCAL TAXES | $33,591 |
| DUES AND SUBCRIPTIONS | $20,799 |
| EDUCATION AND TRAINING | $18,932 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,826 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,334,947 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,925,786 | BOYAmt |
| EOY | $1,537,693 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,469 | BOYAmt |
| EOY | $55,513 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,452,037 | BOYAmt |
| EOY | $1,992,057 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,738 | BOYAmt |
| EOY | $9,733 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,653 | BOYAmt |
| EOY | $4,707 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $455,676 | BOYAmt |
| EOY | $482,156 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,708,093 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,940,189 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $761,665 | BOYAmt |
| EOY | $767,904 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,362,132 | BOYAmt |
| EOY | $58,445,585 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,914,721 | BOYAmt |
| EOY | $24,028,206 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,949,877 | BOYAmt |
| EOY | $87,323,554 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $515,039 | BOYAmt |
| EOY | $530,679 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,329 | BOYAmt |
| EOY | $220,015 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $525,368 | BOYAmt |
| EOY | $750,694 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,424,509 | BOYAmt |
| EOY | $86,572,860 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,424,509 | BOYAmt |
| EOY | $86,572,860 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,949,877 | BOYAmt |
| EOY | $87,323,554 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,794,814 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,783,695 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $6,569,842 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,200 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,020 | DepreciationAmt |
| Book Value | $9,180 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,497,945 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,807,280 | DepreciationAmt |
| Book Value | $690,665 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $199,948 | OtherCostOrOtherBasisAmt |
| Depreciation | $131,889 | DepreciationAmt |
| Book Value | $68,059 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $767,904 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SECURITY DEPOSITS | $22,462 |
| PENSION ASSETS | $24,005,744 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $24,028,206 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED RENT | Desc |
| Amt | $220,015 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $220,015 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $34,704,879 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,783,695 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $6,820,484 | OtherRevenueAmt |
| Revenue Not Reported | $11,604,179 | RevenueNotReportedAmt |
| Revenue Subtotal | $23,100,700 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $29,061 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $29,061 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $23,129,761 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,556,528 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $250,642 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $250,642 | ExpensesNotReportedAmt |
| Expenses Subtotal | $16,305,886 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $29,061 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $29,061 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $16,334,947 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE BUREAU RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE BUREAU HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE BUREAU IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO DECEMBER 31, 2014. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COSTS 6,820,484. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | NET PERIODIC PENSION COST 250,642. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IAN J LENNARD | ||||||||||||||
| PRESIDENT | $367,650 | $0 | $104,232 | $0 | $0 | $0 | $82,075 | $0 | $4,082 | $0 | $558,039 | $0 | $0 | $0 |
| KRISTIAN WIEDE | ||||||||||||||
| CORPORATION SECRETARY | $179,148 | $0 | $49,441 | $0 | $0 | $0 | $29,473 | $0 | $24,437 | $0 | $282,499 | $0 | $0 | $0 |
| RICHARD J NAGLE | ||||||||||||||
| CFO | $212,898 | $0 | $59,586 | $0 | $0 | $0 | $78,901 | $0 | $25,789 | $0 | $377,174 | $0 | $0 | $0 |
| GEOFFREY J DAVIES | ||||||||||||||
| CHIEF SURVEYOR | $171,542 | $0 | $50,970 | $0 | $0 | $0 | $60,315 | $0 | $18,013 | $0 | $300,840 | $0 | $0 | $0 |
| ROBERT AHLBORN | ||||||||||||||
| VP, LINER ACTIVITIES | $137,862 | $0 | $40,930 | $0 | $0 | $0 | $0 | $0 | $17,157 | $0 | $195,949 | $0 | $0 | $0 |
| PETER HO | ||||||||||||||
| DEPUTY CHIEF SURVEYOR-GULF | $136,101 | $0 | $37,124 | $0 | $0 | $0 | $40,270 | $0 | $22,835 | $0 | $236,330 | $0 | $0 | $0 |
| PHILIP ANDERSON | ||||||||||||||
| CHIEF TECHNICAL DIRECTOR | $130,054 | $0 | $32,833 | $0 | $0 | $0 | $37,090 | $0 | $22,805 | $0 | $222,782 | $0 | $0 | $0 |
| EDWARD WALKER | ||||||||||||||
| DEPUTY CHIEF SURVEYOR-WEST | $125,057 | $0 | $36,561 | $0 | $0 | $0 | $23,806 | $0 | $8,766 | $0 | $194,190 | $0 | $0 | $0 |
| ERIC ROUNDS | ||||||||||||||
| DEPUTY CHIEF SURVEYOR-NORTH ATLANTIC | $119,345 | $0 | $35,052 | $0 | $0 | $0 | $11,968 | $0 | $24,222 | $0 | $190,587 | $0 | $0 | $0 |
| THOMAS SHERIDAN | ||||||||||||||
| DEPUTY CHIEF SURVEYOR-SOUTH ATLANTIC | $117,448 | $0 | $28,327 | $0 | $0 | $0 | $37,550 | $0 | $22,723 | $0 | $206,048 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | IAN LENNARD, PRESIDENT, PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN 457(F) AND RECEIVED DEFERRED COMPENSATION UNDER A 457(F) PLAN TOTALING $35,523. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERSHIP OF THE NATIONAL CARGO BUREAU, INC. IS COMPOSED OF PERSONS WHO ARE PROMINENTLY IDENTIFIED WITH STEAMSHIP MANAGEMENT OR MARINE INSURANCE UNDERWRITING ORGANIZATIONS, PERSONS IN OR OFFICIALLY CONNECTED WITH THE US GOVERNMENT OR A BRANCH OR DEPARTMENT THEREOF, AND PERSONS IN CIVIL LIFE PROMINENT IN BRANCHES OF SCIENCE APPERTAINING TO OR AFFECTING THE CARRIAGE OF CARGO IN THE MARITIME COMMERCE OF THE US. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE NATIONAL CARGO BUREAU, INC. HAS MEMBERS WHO SERVE ON THE MEMBERSHIP COMMITTEE WHICH WILL MEET AND DETERMINE THOSE TO BE ELECTED FOR THE BOARD MEMBERS OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | NATIONAL CARGO BUREAU, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, IT IS PROVIDED TO THE BUREAU FROM THE OUTSIDE ACCOUNTANTS. IT IS INITIALLY REVIEWED BY THE CHIEF FINANCIAL OFFICER OF THE ORGANIZATION AND THEN PROVIDED TO THE PRESIDENT FOR FINAL REVIEW AND APPROVAL. THE BOARD RECEIVES A COPY OF THE FORM 990 AFTER IT HAS BEEN FILED AT THE NEXT SCHEDULED MEETING FOLLOWING THE IRS FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO ALL MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES. THE BOARD OF DIRECTORS SHALL BE RESPONSIBLE FOR THE ADOPTION, IMPLEMENTATION OF AND COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. UPON INITIAL APPOINTMENT, ELECTION OR EMPLOYMENT, EACH KEY PERSON (INCLUDING MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES) SHALL COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE AND PROVIDE IT TO NCB'S PRESIDENT AND CHAIRMAN OF BOARD TO BE REVIEWED BY THE BOARD. IN ADDITION, ANNUALLY EVERY DIRECTOR SHALL COMPLETE THE REQUIRED CONFLICT OF INTEREST QUESTIONNAIRE AND DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST. THE CHAIRMAN OF THE BOARD WILL REVIEW IN ADVANCE THE AGENDA OF EACH ANNUAL, REGULAR AND SPECIAL MEETING OF THE BOARD AND OF ANY COMMITTEES AND IDENTIFY, TO THE EXTENT POSSIBLE, POTENTIAL CONFLICT OF INTEREST. IF A POTENTIAL CONFLICT OF INTEREST IS IDENTIFIED, THE CHAIRMAN OF THE BOARD WILL NOTIFY AND ADVISE THE INDIVIDUAL WITH THE POTENTIAL CONFLICT PRIOR TO THE APPLICABLE MEETING. IN ADDITION, EACH KEY PERSON ATTENDING A MEETING OF THE BOARD OR COMMITTEE WHO BELIEVE THERE IS OR MAY BE A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EITHER FOR HIMSELF OR HERSELF OR ANY OTHER KEY PERSON SHALL IDENTIFY THE ISSUE FOR CONSIDERATION BY THE BOARD IF THE CHAIRMAN OF THE BOARD HAS NOT DONE SO. IF A KEY PERSON MAY HAVE A CONFLICT OF INTEREST, THE KEY PERSON SHALL, IF APPLICABLE, LEAVE THE MEETING OF THE BOARD OR COMMITTEE DELIBERATING AND VOTING ON THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST AFTER PROVIDING ALL MATERIAL INFORMATION RELEVANT TO THE EXISTENCE OF A CONFLICT. THE MINUTES OF EACH MEETING OF THE BOARD OR COMMITTEE SHALL CONTAIN THE NAME(S) OF KEY PARTIES, THE NATURE OF THE INTEREST, AND THE DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. |
| FORM 990, PART VI, SECTION B, LINE 15 | OFFICERS OF THE COMPANY ARE INDEPENDENTLY EVALUATED BY THE BOARD OF DIRECTORS. PREVIOUS YEAR'S PERFORMANCE IS EVALUATED AND SIMILAR POSITIONS WITHIN THE INDUSTRY AND OTHER 501(C)(6) ORGANIZATIONS WITH SIMILAR ASSET/REVENUE STRUCTURES ARE USED AS A GUIDE IN ORDER TO ARRIVE AT A SATISFACTORY LEVEL OF COMPENSATION. IN THE PRIOR YEAR, AN OUTSIDE PARTY CONDUCTED AN INDEPENDENT STUDY WHICH EVALUATED THE COMPENSATION LEVELS OF EACH POSITION AGAINST THE CURRENT MARKETPLACE. THE OFFICER'S COMPENSATION REVIEW PORTION OF THE BOARD OF DIRECTORS MEETING IS HELD WITHOUT THE OFFICER'S PRESENCE AND CONCLUSIONS ARE RECORDED IN THE MINUTES OF THE MEETING. THIS PROCESS IS USED IN DETERMINING THE COMPENSATION FOR THE PRESIDENT, CHIEF FINANCIAL OFFICER, AND CORPORATE SECRETARY. THE EVALUATION FOR ALL OFFICERS AND EMPLOYEES WAS LAST UNDERTAKEN IN 2017. THERE IS A THREE STEP PROCESS IN DETERMINING COMPENSATION FOR EMPLOYEES (EXCEPT OFFICERS) IN THE ORGANIZATION: 1) THE FINANCE COMMITTEE RECOMMENDS AN AVERAGE ANNUAL INCREASE BASED ON CORPORATE PERFORMANCE, INDUSTRY CONDITIONS AND ECONOMIC OUTLOOK. 2) RESULT IS DISCUSSED BY THE BOARD OF DIRECTORS WHO CONCURS OR OVERRIDES DECISION BASED ON THEIR ANALYSIS. 3) EMPLOYEES ARE SUBJECT TO A WRITTEN MID-YEAR EVALUATION BY THEIR IMMEDIATE SUPERVISOR. PERFORMANCE IS QUANTIFIED BASED ON A NUMERIC SYSTEM. INCREASES ARE REWARDED BASED ON A PERCENTAGE ABOVE OR BELOW THE MEAN. THE AVERAGE RAISE WOULD BE THAT WHICH IS RECOMMENDED BY THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | NATIONAL CARGO BUREAU MAKES ITS TAX RETURNS, AUDITED FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO ALL INTERESTED PARTIES. A BOOKLET WHICH DETAILS THE DIRECTORY OF MEMBERS, OFFICERS, COMMITTEES, BY-LAWS STATEMENT IS DISTRIBUTED ANNUALLY. THE TAX RETURNS APPEAR ON THE GUIDESTAR.ORG WEBSITE AND HAVE BEEN VERIFIED FOR ACCURACY AND AVAILABILITY. THE CORPORATE FINANCIAL STATEMENTS ARE ALSO PROVIDED UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COSTS 6,820,484. NET PERIODIC PENSION COST -250,642. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. |