2018-09-07T15:02:30-05:00 2017-12-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2017-01-01 135615188 NATIONAL CARGO BUREAU INC NATI 2127858300 180 MAIDEN LANE NO 903 NEW YORK NY 10038 IAN J LENNARD PRESIDENT 2127858300 2018-09-07 1 GARRETT M HIGGINS P00543209 2122862600 2018-09-07 4.15.211.182 2018-09-07 14:54:00 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C5C0E2060BEB3F24671B5CC0358F632D6B4109AD 2017 2018-06-14 16:35:46Z IAN J LENNARD 180 MAIDEN LANE NO 903 NEW YORK NY 10038 25694023 0 X WWW.NATCARGO.ORG X 1952 NY 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. 20 18 134 23 0 0 0 0 20736782 20673826 1790870 2430628 49661 25307 22577313 23129761 3000 3500 0 0 12377870 13161526 0 0 0 2917623 3169921 15298493 16334947 7278820 6794814 68949877 87323554 525368 750694 68424509 86572860 X 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. 0 0 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. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 134 1 0 0 0 0 0 0 X 20 18 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X RICHARD NAGLE CHIEF FINANCIAL OFFICER 2127858300 180 MAIDEN LANE NO 903 NEW YORK NY 10038 DEIRDRE H LITTLEFIELD CHAIRMAN 1.00 X X 0 0 0 JOHN W SULLIVAN DEPUTY CHAIRMAN 1.00 X X 0 0 0 ROBERT C GALLAGHER TREASURER 1.00 X X 0 0 0 IAN J LENNARD PRESIDENT 40.00 X X 471882 0 86157 KRISTIAN WIEDE CORPORATION SECRETARY 40.00 X X 228589 0 53910 ROGER F ABLETT DIRECTOR 1.00 X 0 0 0 JORGE AGUIRRE DIRECTOR 1.00 X 0 0 0 VIRGINIA CAMERON DIRECTOR 1.00 X 0 0 0 JOSEPH J COX DIRECTOR THROUGH MARCH 6, 2017 1.00 X 0 0 0 SEAN M DALTON DIRECTOR THROUGH MARCH 6, 2017 1.00 X 0 0 0 RICHARD J DECKER DIRECTOR 1.00 X 0 0 0 MARTIN J DEMPSEY DIRECTOR 1.00 X 0 0 0 RICHARD D DESIMONE DIRECTOR 1.00 X 0 0 0 IAN DUTHIE DIRECTOR 1.00 X 0 0 0 JOHN J FERRARA DIRECTOR 1.00 X 0 0 0 PHILIP H GREENE DIRECTOR THROUGH MARCH 6, 2017 1.00 X 0 0 0 DONALD HARRELL DIRECTOR 1.00 X 0 0 0 CLIFFORD JAGOE DIRECTOR 1.00 X 0 0 0 THOMAS W MERRELL DIRECTOR 1.00 X 0 0 0 JOHN W MURRAY DIRECTOR 1.00 X 0 0 0 JAMES P NAWOJCHIK DIRECTOR THROUGH MARCH 6, 2017 1.00 X 0 0 0 JORGE PECCI DIRECTOR 1.00 X 0 0 0 ROBERT H POUCH DIRECTOR 1.00 X 0 0 0 RICHARD SOJA DIRECTOR THROUGH MARCH 6, 2017 1.00 X 0 0 0 CAPT EA STAMOULIS DIRECTOR 1.00 X 0 0 0 RICHARD J NAGLE CFO 40.00 X 272484 0 104690 GEOFFREY J DAVIES CHIEF SURVEYOR 40.00 X 222512 0 78328 ROBERT AHLBORN VP, LINER ACTIVITIES 40.00 X 178792 0 17157 PETER HO DEPUTY CHIEF SURVEYOR-GULF 40.00 X 173225 0 63105 PHILIP ANDERSON CHIEF TECHNICAL DIRECTOR 40.00 X 162887 0 59895 EDWARD WALKER DEPUTY CHIEF SURVEYOR-WEST 40.00 X 161618 0 32572 ERIC ROUNDS DEPUTY CHIEF SURVEYOR-NORTH ATLANTIC & GREAT LAK 40.00 X 154397 0 36190 THOMAS SHERIDAN DEPUTY CHIEF SURVEYOR-SOUTH ATLANTIC 40.00 X 145775 0 60273 2172161 0 592277 36 0 1 0 PKF O'CONNOR DAVIES LLP 665 5TH AVE NEW YORK NY 10022 AUDIT AND VALUATION 144750 1 INSPECTION SERVICES 480000 20587117 20587117 COURSES/SEMINARS 611710 45983 45983 IMDG CODE/STOWAGE 480000 40726 40726 20673826 1880567 1880567 3029061 85262 2555633 8629 473428 76633 550061 550061 MISCELLANOUS 900099 25307 25307 25307 23129761 20673826 0 2455935 3500 1678978 8896355 177206 1483927 925060 2928 76971 29061 262152 313633 157668 710135 435233 66749 463266 463566 RELOCATION EXPENSES 80411 LOCAL TAXES 33591 DUES AND SUBCRIPTIONS 20799 EDUCATION AND TRAINING 18932 34826 16334947 1925786 1537693 55469 55513 2452037 1992057 17738 9733 4653 4707 455676 482156 2708093 1940189 761665 767904 48362132 58445585 14914721 24028206 68949877 87323554 515039 530679 10329 220015 525368 750694 X 68424509 86572860 68424509 86572860 68949877 87323554 X 6794814 4783695 6569842 X X 0 1 X 1 0 10200 1020 9180 2497945 1807280 690665 199948 131889 68059 767904 SECURITY DEPOSITS 22462 PENSION ASSETS 24005744 24028206 DEFERRED RENT 220015 220015 X 34704879 4783695 6820484 11604179 23100700 29061 29061 23129761 16556528 250642 250642 16305886 29061 29061 16334947 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. X X X X X 0 1 0 IAN J LENNARD PRESIDENT 367650 0 104232 0 0 0 82075 0 4082 0 558039 0 0 0 KRISTIAN WIEDE CORPORATION SECRETARY 179148 0 49441 0 0 0 29473 0 24437 0 282499 0 0 0 RICHARD J NAGLE CFO 212898 0 59586 0 0 0 78901 0 25789 0 377174 0 0 0 GEOFFREY J DAVIES CHIEF SURVEYOR 171542 0 50970 0 0 0 60315 0 18013 0 300840 0 0 0 ROBERT AHLBORN VP, LINER ACTIVITIES 137862 0 40930 0 0 0 0 0 17157 0 195949 0 0 0 PETER HO DEPUTY CHIEF SURVEYOR-GULF 136101 0 37124 0 0 0 40270 0 22835 0 236330 0 0 0 PHILIP ANDERSON CHIEF TECHNICAL DIRECTOR 130054 0 32833 0 0 0 37090 0 22805 0 222782 0 0 0 EDWARD WALKER DEPUTY CHIEF SURVEYOR-WEST 125057 0 36561 0 0 0 23806 0 8766 0 194190 0 0 0 ERIC ROUNDS DEPUTY CHIEF SURVEYOR-NORTH ATLANTIC 119345 0 35052 0 0 0 11968 0 24222 0 190587 0 0 0 THOMAS SHERIDAN DEPUTY CHIEF SURVEYOR-SOUTH ATLANTIC 117448 0 28327 0 0 0 37550 0 22723 0 206048 0 0 0 PART I, LINE 4B IAN LENNARD, PRESIDENT, PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN 457(F) AND RECEIVED DEFERRED COMPENSATION UNDER A 457(F) PLAN TOTALING $35,523. 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.