2017-06-01T13:18:42-05:00 2016-12-31 221478099 COHNREZNICK LLP 4 BECKER FARM ROAD ROSELAND NJ 07068 990 2016-01-01 237067291 INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION INC INFO 8472531545 3701 Algonquin Road No 1010 Rolling Meadows IL 60008 ROBERT A MICEK TREASURER & CFO 8472531545 2017-05-31 1 THOMAS LANNING P00851654 9732283500 2017-05-31 209.3.217.20 2017-05-31 12:00:53 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 4776AC9E5D71D1C7D1BE47C5A2DC07646E1F2AF2 2016 2021-01-29 14:40:06Z isaca MATTHEW S LOEB 3701 Algonquin Road No 1010 Rolling Meadows IL 60008 79788144 0 X www.isaca.org X 1969 IL THE PRIMARY PURPOSE OF THE ASSOCIATION IS TO HELP PROFESSIONALS REALIZE THE (SEE SCHEDULE O) POSITIVE POTENTIAL OF TECHNOLOGY. 15 13 199 1171 477049 0 20647227 21819566 24295748 27070634 3618607 1870457 6462616 6869493 55024198 57630150 5100 682210 0 0 21944356 23757954 0 0 0 31298096 35276996 53247552 59717160 1776646 -2087010 92830575 93893306 24019107 26491690 68811468 67401616 X SEE SCHEDULE O. 0 0 SEE SCHEDULE O. SEE SCHEDULE O. SEE SCHEDULE O. Information Systems Audit and Control Association (ISACA) targets two goals with its activities: helping professionals realize the positive potential of technology and inspiring confidence that enables innovation through technology. The association achieves those goals by providing information, standards, publications and academic guidance (in addition to the items noted in the descriptions of program achievements 1, 2 and 3).The ISACA Journal is ISACA's official magazine. Issued bimonthly, and supported in the off months by online articles, the Journal seeks to enhance the proficiency and competitive advantage of its international readership by providing peer-reviewed managerial and technical guidance from experienced global authors. It is available in digital format on the web site and via mobile app as well. The ISACA Journal was noted as the top member benefit and its content had more than 1.3 million page views on the ISACA web site in 2016. ISACA Journal circulation at year-end was 130,000.Other regular periodicals issued by ISACA include @ISACA, a biweekly electronic newsletter dedicated to ISACA news; ExpressLine, published monthly and providing chapter leaders information and resources to help them carry out their responsibilities; and COBIT Focus, issued quarterly to COBIT users, to provide them case studies, information on new products and educational opportunities, and general tips and techniques. ISACA completed a review of all periodicals to improve digital functionality and ease of readership. ISACA monthly e-newsletter, The Nexus: Cyber News Converged, meets the need for the latest cybersecurity information. The publication more than doubled its subscribers to 14,500 by year-end and reader engagement was strong with an average open rate of 33 percent and click-thru rate of 41 percent. The ISACA Bookstore offers a selection of peer-reviewed publications on professional topics of interest to ISACA members, at discounted prices. New selections are added regularly to ensure the catalog remains current with changing trends and member needs. In 2016, nearly 500 titles and 200 downloadable items were available in the ISACA Bookstore.ISACA dedicates considerable attention to universities (professors, students and curricula), recognizing that they hold the future of the profession. The number of students groups rose to 84 in 2016. ISACA issues Information Systems Auditing Standards, Guidelines and Procedures, which provide prescriptive or suggested guidance on how audits should be undertaken. The standards, guidelines and procedures are continually reviewed to ensure that new ones are developed or existing ones are revised as needed to align with new regulations or technologies. 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 59 0 1 199 1 1 1 0 0 0 0 0 X 15 13 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA IL X robert a micek 8472531545 3701 Algonquin Road No 1010 Rolling Meadows IL 60008 Andre Pitkowski Director 2.00 1.00 X 0 0 0 Christos K Dimitriadis Chair 13.00 2.00 X X 0 0 0 Edward G Schwartz Director 2.00 1.00 X 0 0 0 Garry Barnes 116-616 Outgoing Director 2.00 1.00 X 0 0 0 Gregory T Grocholski Past Chair 2.00 1.00 X 0 0 0 Jeff Spivey 616-1216 Director 2.00 1.00 X 0 0 0 Jo Stewart-Rattray Director 2.00 1.00 X 0 0 0 Leonard Ong Director 2.00 1.00 X 16500 0 0 Matthew S Loeb Director & Chief Executive Officer 46.00 4.00 X X 898708 0 311228 RV Raghu Director 2.00 1.00 X 0 0 0 Robert A Clyde Director 2.00 1.00 X 0 0 0 Robert E Stroud Past Chair 2.00 1.00 X 0 0 0 Rosemary Amato 116-616 Outgoing Director 2.00 1.00 X 0 0 0 Theresa Grafenstine Chair-Elect 2.00 1.00 X X 0 0 0 Tichaona Zororo 616-1216 Director 2.00 1.00 X 4500 0 0 Tony Hayes Past Chair 2.00 1.00 X 0 0 0 Zubin Chagpar Director 2.00 1.00 X 0 0 0 Robert A Micek Treasurer & Chief Financial Officer 45.00 5.00 X 376151 0 53601 Francisco Schettini Chief Innovation Officer 48.00 2.00 X 341824 0 39632 Ken Kujundjic Sr. VP, Business Development & Sales 47.00 3.00 X 305384 0 28694 Ronald Hale outgoing Chief Knowledge Officer 50.00 X 706340 0 48384 Tara Wisniewski Managing Director, Advocacy & Public Affairs 50.00 X 307403 0 51840 Tim Mason Chief Marketing Officer 48.00 2.00 X 368320 0 43497 Ed Moyle Director, Thought Leadership & Research 50.00 X 215726 0 23335 Elizabeth Santilli VP, Human Resources 50.00 X 211569 0 22713 Julia Fullerton Sr. Director of Legal & Compliance 48.00 2.00 X 208299 0 42323 Narayanan Krishnan Director of Web Services 49.00 1.00 X 222179 0 13200 Shannon Donahue Director of Info Security Practices 50.00 X 232989 0 13738 Terry Trsar outgoing Chief Relations Officer 50.00 X 139265 0 0 4555157 0 692185 75 1 1 0 Blast Radius P O Box 751474 Charlotte NC 28275 Web site & E-Commerce Design 1382353 Greenberg Traurig LLP 77 East wacker Drive Chicago IL 60601 Legal Services 682498 Onpoint consulting 7009 East acoma Drive Suite 2015 Scottsdale AZ 85254 It Services 377000 Deloitte & Touche LLP P O Box 844708 Dallas TX 75284 Training Support Services 320897 Exam Matrix 7991 Shaffer Pkwy Ste 100 Littleton CO 80124 exam services 225598 11 21819566 21819566 Certification Program 611430 18185842 18185842 conferences & Seminars 611430 7752332 7500986 251346 license fees 541519 644075 644075 Publication & Subscription 541800 488385 11336 477049 27070634 2549720 2549720 140776 140776 20263919 662611 20885703 720090 -621784 -57479 -679263 -679263 5973363 552201 5421162 5421162 sponsorship 900004 1143625 1143625 other 900004 163930 163930 1307555 57630150 31763401 477049 3570134 X 277110 405100 3976105 139265 15454664 531332 2388297 1268291 782480 107732 7975254 6696254 5329234 2240091 982957 741177 2957250 5174464 1913388 122813 Other Expenses 130725 Franchise fee 50000 Bad debt 45770 awards 18916 8491 59717160 6346245 3402554 1509318 1624562 432416 474094 3094873 2519208 12941225 7861026 4714662 5080199 76680117 72061780 8194988 52944 535921 92830575 93893306 9037480 9066944 14034992 16432893 946635 991853 24019107 26491690 X 68811468 67401616 68811468 67401616 92830575 93893306 -2087010 677158 0 X X 0 1 X 1 0 0 1 0 38801138 5020294 43821432 34922480 3878658 38801138 32340283 2582197 34922480 30186325 2153958 32340283 28678191 1508134 30186325 1.00000 0 0 886599 582783 303816 2861478 2128628 732850 9193148 5149615 4043533 5080199 ISACA Enterprises, Inc. 8194988 F 8194988 DEFERRED RENT 89270 INTERCOMPANY PAYABLE 669511 OPEN ORDERS 127448 STATE CHECK LIABILITY 78149 NOTES - CAPITAL LEASE 27475 991853 X 66188691 677158 7271703 7948861 58239830 -609680 -609680 57630150 69092399 9375239 9375239 59717160 0 59717160 Part V, Line 4: The Association's Board of Directors and the Institute's Board of Trustees designate a portion of the Organization's unrestricted net assets for contingency purposes in order to protect the Organization against unforeseen global events and economic downturn. Part X, Line 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE THAT REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS, AND THERE IS NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENT OF ACTIVITIES OR STATEMENT OF FINANCIAL POSITION. THE ASSOCIATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO 2013 ARE CLOSED, AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. Part XI, Line 2d - Other Adjustments: related organization revenue 7,404,703. elimination entries -133,000. Part XI, Line 4b - Other Adjustments: reclass of loss on disposal -57,479. reclass of cost of good sold -552,201. Part XII, Line 2d - Other Adjustments: related organization expenses 8,898,559. elimination entries -133,000. reclass of loss on disposal 57,479. reclass of cost of good sold 552,201. 1 East Asia and the Pacific 0 0 Board Meeting Board Meeting 236095 Europe 0 0 Audit & RISK Committee Meeting Audit Committee Meeting 8611 East Asia and the Pacific 0 0 Program Service Training and Education 928639 Europe 0 0 Program Service Training and Education 2963382 North America 0 0 Program Service Training and Education 12590 South Asia 0 0 Program Service Training and Education 4524 Sub-Saharan Africa 0 0 Program Service Training and Education 312691 East Asia and the Pacific 0 0 Program Service Trade Show 21993 Europe 0 0 Program Service Trade Show 79127 Sub-Saharan Africa 0 0 Program Service Trade Show 6110 0 0 0 0 0 0 4488525 85237 4573762 Central America and the Caribbean To defray travel expense to ISACA Leadership Conference (Puerto Rico Chapter) 5120 Wire Transfer FMV Central America and the Caribbean To defray travel expense to ISACA Leadership Conference (Kingston Chapter) 5120 Wire Transfer FMV East Asia and the Pacific To defray travel expense to ISACA Leadership Conference (Brisbane Chapter) 7820 Wire Transfer FMV East Asia and the Pacific To defray travel expense to ISACA Leadership Conference (Melbourne Chapter) 5120 Wire Transfer FMV East Asia and the Pacific To defray travel expense to ISACA Leadership Conference (Adelaide Chapter) 5120 Wire Transfer FMV East Asia and the Pacific To defray travel expense to ISACA Leadership Conference (Canberra Chapter) 5120 Wire Transfer FMV East Asia and the Pacific To defray travel expense to ISACA Leadership Conference (Wellington Chapter) 5120 Wire Transfer FMV East Asia and the Pacific To defray travel expense to ISACA Leadership Conference (Auckland Chapter) 5120 Wire Transfer FMV North America To defray travel expense to ISACA Leadership Conference (Vancouver Chapter) 5120 Wire Transfer FMV North America To defray travel expense to ISACA Leadership Conference (Winnipeg Chapter) 5120 Wire Transfer FMV North America To defray travel expense to ISACA Leadership Conference (Quebec City Chapter) 5120 Wire Transfer FMV North America To defray travel expense to ISACA Leadership Conference (Calgary Chapter) 5120 Wire Transfer FMV North America To defray travel expense to ISACA Leadership Conference (Edmonton Chapter) 5120 Wire Transfer FMV North America To defray travel expense to ISACA Leadership Conference (Mexico City Chapter) 5120 Wire Transfer FMV North America To defray travel expense to ISACA Leadership Conference (Monterrey Chapter) 5120 Wire Transfer FMV North America To defray travel expense to ISACA Leadership Conference (Guadalajara Chapter) 5120 Wire Transfer FMV South America To defray travel expense to ISACA Leadership Conference (Santiago Chapter) 5120 Wire Transfer FMV Sub-Saharan Africa To defray travel expense to ISACA Leadership Conference (Gaborone Chapter) 5120 Wire Transfer FMV Sub-Saharan Africa To defray travel expense to ISACA Leadership Conference (Mauritius Chapter) 5120 Wire Transfer FMV Sub-Saharan Africa To defray travel expense to ISACA Leadership Conference (Lusaka Chapter) 5120 Wire Transfer FMV 0 20 0 0 0 0 0 0 Part I, Line 2: ISACA UNDERSTANDS THE VALUE OF CHAPTER LEADERS HAVING THE OPPORTUNITY TO ATTEND AN ISACA LEADERSHIP EVENT, THE FOLLOWING CHAPTER GRANT PROGRAM HAS BEEN ESTABLISHED TO COVER/DEFRAY THE COSTS OF TRAVEL EXPENSES. ALL ISACA CHAPTERS (U.S. AND WORLDWIDE) ARE ELIGIBLE TO APPLY FOR GRANT FUNDS. A CHAPTER WHO PLANS TO SEND AN INDIVIDUAL TO AN EVENT WILL BE PROVIDED WITH A GRANT(S), EACH IN THE AMOUNT OF US $XXXX TO COVER/DEFRAY THE COSTS FOR ECONOMY AIRFARE, THE HOTEL, LOCAL TRANSPORTATION, MEALS IN TRANSIT AND OTHER EXPENSES ASSOCIATED WITH ATTENDING. WHILE THE GRANT(S) WILL BE ISSUED TO A CHAPTER VIA THE CHAPTER'S PREFERRED REMITTANCE METHOD, THE CHAPTER MUST AGREE TO THE FOLLOWING, TO RETAIN THE GRANT AFTER THE EVENT: 1) ATTENDEE(S) MUST STAY AT THE HOST HOTEL. DETAILS WILL BE PROVIDED IN THE OFFICIAL REGISTRATION MESSAGE. 2) ATTENDEE(S) MUST ATTEND ALL THREE DAYS OF THE EVENT. ATTENDANCE WILL BE VERIFIED EVERY DAY AND REGISTRATIONS WILL BE RECONCILED AFTER THE EVENT CONCLUDES. 3) THE GRANT IS A FIXED AMOUNT AND IS INTENDED TO COVER/DEFRAY MOST OF THE COSTS ASSOCIATED WITH ATTENDING THIS EVENT. IF THE AMOUNT EACH ATTENDEE SPENDS IS LESS THAN THE AMOUNT OF THE GRANT, THE CHAPTER WILL BE ALLOWED TO RETAIN THE ADDITIONAL FUNDS. IF THE GRANT DOES NOT COVER ALL OF THE COSTS ASSOCIATED WITH EACH INDIVIDUAL'S ATTENDANCE, ANY ADDITIONAL COSTS (AS DEEMED REASONABLE AND PROPER BY THE CHAPTER) SHOULD BE REIMBURSED TO THE INDIVIDUAL BY THE CHAPTER. 4) THERE IS NO CHAPTER DEDUCTIBLE FOR THIS EVENT AND EXPENSE REPORTS WILL NOT BE SUBMITTED TO ISACA INTERNATIONAL HQ AFTER THE EVENT CONCLUDES. IF, FOR ANY REASON, THE REPRESENTATIVE(S) FROM A CHAPTER DOES NOT ATTEND THE ISACA LEADERSHIP EVENT, THE CHAPTER WILL BE REQUIRED TO RETURN THE GRANT TO ISACA INTERNATIONAL IN ITS ENTIRETY. THE TOTAL OF THE GRANT WILL BE WITHHELD FROM THE CHAPTER'S MONTHLY DUES REMITTANCE-OR DEDUCTED FROM CHAPTER CREDIT-UNTIL THE BALANCE OF THE GRANT IS PAID IN FULL. ALTERNATIVELY, THE CHAPTER CAN SEND (VIA CHECK OR WIRE TRANSFER) THE TOTAL OF THE GRANT TO ISACA INTERNATIONAL AFTER THE EVENT. Chapters are an integral part of ISACA's success and future vision. Through our chapter network, ISACA provides its members with education, resource sharing, advocacy, professional networking, and a host of other benefits on a local level. In the spirit of ISACA's core value, "We ARE ONE", ISACA provides new chapters funding in the amount of US $2,000 to assist with chapter startup activities. This funding may be used for chapter administrative fees, a kick-off event, to build reserves, etc. The requirements are that the chapter needs to, 1) be registered locally, and 2) have a bank account in the chapter's name. 1 ISACA Detroit Chapter PO Box 43 Romeo MI 48065 237410401 501(c)(6) 9560 FMV N/A To defray travel expense to ISACA leadership conference ISACA New England Chapter PO Box 170951 Boston MA 02117 042592391 501(c)(6) 15370 FMV N/A To defray travel expense to ISACA leadership conference ISACA Willamette Valley PO Box 413 Portland OR 972070413 363538334 501(c)(6) 14320 FMV N/A To defray travel expense to ISACA leadership conference Lighthouse Guild International Inc 15 West 65th St New York NY 100236601 464215298 501(c)(3) 12500 FMV N/A NFP Vision & Healthcare Organization 1 3 Part I, Line 2: ISACA UNDERSTANDS THE VALUE OF CHAPTER LEADERS HAVING THE OPPORTUNITY TO ATTEND AN ISACA LEADERSHIP EVENT, THE FOLLOWING CHAPTER GRANT PROGRAM HAS BEEN ESTABLISHED TO COVER/DEFRAY THE COSTS OF TRAVEL EXPENSES. ALL ISACA CHAPTERS (U.S. AND WORLDWIDE) ARE ELIGIBLE TO APPLY FOR GRANT FUNDS. A CHAPTER WHO PLANS TO SEND AN INDIVIDUAL TO AN EVENT WILL BE PROVIDED WITH A GRANT(S), EACH IN THE AMOUNT OF US $XXXX TO COVER/DEFRAY THE COSTS FOR ECONOMY AIRFARE, THE HOTEL, LOCAL TRANSPORTATION, MEALS IN TRANSIT AND OTHER EXPENSES ASSOCIATED WITH ATTENDING. WHILE THE GRANT(S) WILL BE ISSUED TO A CHAPTER VIA THE CHAPTER'S PREFERRED REMITTANCE METHOD, THE CHAPTER MUST AGREE TO THE FOLLOWING, TO RETAIN THE GRANT AFTER THE EVENT: 1) ATTENDEE(S) MUST STAY AT THE HOST HOTEL. DETAILS WILL BE PROVIDED IN THE OFFICIAL REGISTRATION MESSAGE. 2) ATTENDEE(S) MUST ATTEND ALL THREE DAYS OF THE EVENT. ATTENDANCE WILL BE VERIFIED EVERY DAY AND REGISTRATIONS WILL BE RECONCILED AFTER THE EVENT CONCLUDES. 3) THE GRANT IS A FIXED AMOUNT AND IS INTENDED TO COVER/DEFRAY MOST OF THE COSTS ASSOCIATED WITH ATTENDING THIS EVENT. IF THE AMOUNT EACH ATTENDEE SPENDS IS LESS THAN THE AMOUNT OF THE GRANT, THE CHAPTER WILL BE ALLOWED TO RETAIN THE ADDITIONAL FUNDS. IF THE GRANT DOES NOT COVER ALL OF THE COSTS ASSOCIATED WITH EACH INDIVIDUAL'S ATTENDANCE, ANY ADDITIONAL COSTS (AS DEEMED REASONABLE AND PROPER BY THE CHAPTER) SHOULD BE REIMBURSED TO THE INDIVIDUAL BY THE CHAPTER. 4) THERE IS NO CHAPTER DEDUCTIBLE FOR THIS EVENT AND EXPENSE REPORTS WILL NOT BE SUBMITTED TO ISACA INTERNATIONAL HQ AFTER THE EVENT CONCLUDES. IF, FOR ANY REASON, THE REPRESENTATIVE(S) FROM A CHAPTER DOES NOT ATTEND THE ISACA LEADERSHIP EVENT, THE CHAPTER WILL BE REQUIRED TO RETURN THE GRANT TO ISACA INTERNATIONAL IN ITS ENTIRETY. THE TOTAL OF THE GRANT WILL BE WITHHELD FROM THE CHAPTER'S MONTHLY DUES REMITTANCE-OR DEDUCTED FROM CHAPTER CREDIT-UNTIL THE BALANCE OF THE GRANT IS PAID IN FULL. ALTERNATIVELY, THE CHAPTER CAN SEND (VIA CHECK OR WIRE TRANSFER) THE TOTAL OF THE GRANT TO ISACA INTERNATIONAL AFTER THE EVENT. Chapters are an integral part of ISACA's success and future vision. Through our chapter network, ISACA provides its members with education, resource sharing, advocacy, professional networking, and a host of other benefits on a local level. In the spirit of ISACA's core value, "We ARE ONE", ISACA provides new chapters funding in the amount of US $2,000 to assist with chapter startup activities. This funding may be used for chapter administrative fees, a kick-off event, to build reserves, etc. The requirements are that the chapter needs to, 1) be registered locally, and 2) have a bank account in the chapter's name. The ISACA board of directors elected to make a donation to the Lighthouse Guild in support of 2016 award recipient and former ISACA board of diretors chair, Marios Damianades. X 1 1 X X X X X X 1 1 0 Matthew S Loeb Director & Chief Executive Officer 709908 0 157500 0 31300 0 247250 0 63978 0 1209936 0 0 0 Robert A Micek Treasurer & Chief Financial Officer 315151 0 50000 0 11000 0 13250 0 40351 0 429752 0 0 0 Francisco Schettini Chief Innovation Officer 285824 0 45000 0 11000 0 13250 0 26382 0 381456 0 0 0 Ken Kujundjic Sr. VP, Business Development & Sales 180769 0 117000 0 7615 0 10462 0 18232 0 334078 0 0 0 Ronald Hale outgoing Chief Knowledge Officer 338299 0 45000 0 323041 0 13250 0 35134 0 754724 0 0 0 Tara Wisniewski Managing Director, Advocacy & Public 246058 0 12500 0 48845 0 13295 0 38545 0 359243 0 0 0 Tim Mason Chief Marketing Officer 312320 0 45000 0 11000 0 13194 0 30303 0 411817 0 0 0 Ed Moyle Director, Thought Leadership & Resea 197726 0 18000 0 0 0 10786 0 12549 0 239061 0 0 0 Elizabeth Santilli VP, Human Resources 200092 0 10000 0 1477 0 9374 0 13339 0 234282 0 0 0 Julia Fullerton Sr. Director of Legal & Compliance 189876 0 18000 0 423 0 10764 0 31559 0 250622 0 0 0 Narayanan Krishnan Director of Web Services 201579 0 18000 0 2600 0 11109 0 2091 0 235379 0 0 0 Shannon Donahue Director of Info Security Practices 212389 0 18000 0 2600 0 11649 0 2089 0 246727 0 0 0 Terry Trsar outgoing Chief Relations Officer 0 0 0 0 139265 0 0 0 0 0 139265 0 0 0 Part I, Lines 4a-b THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS: TERRY TRSAR (former CHIEF RELATIONS OFFICER), $139,265 RONALD HALE (former CHIEF KNOWLEDGE OFFICER), $312,000 THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: MATThew s. LOEB (DIRECTOR & CHIEF EXECUTIVE OFFICER), $260,500 (including $234,000 contribution to 457f) ROBERT a. MICEK (TREASURER & CHIEF FINANCIAL OFFICER), $11,000 TIM MASON (CHIEF MARKETING OFFICER), $11,000 FRANCISCO SCHETTINI (CHIEF INFORMATION OFFICER), $11,000 RONALD HALE (former CHIEF KNOWLEDGE OFFICER), $11,041 Ken Kujundjic (Sr. VP, Business Development & Sales), $7,615 Tara Wisniewski (Managing Director, Advocacy & Public Affairs), $10,577 Schedule J, Part II, Column b(ii): INCLUDED ON SCHEDULE J, PART II, COLUMN B(II) ARE AMOUNTS REPRESENTING BONUS PAYMENTS. THESE AMOUNTS WERE APPROVeD BY THE BOARD AND INCLUDED IN THE INDIVIDUAL'S 2016 W-2S. form 990, part III, line 1, description of organization mission: Information Systems Audit and Control Association (ISACA) serves both individuals and enterprises by being a leading global provider of knowledge, certifications, community, advocacy and education on information systems assurance and security, governance of enterprise information technology (IT), IT-related risk and compliance, and other related topics. Founded in 1969, ISACA sponsors international conferences, publishes the ISACA Journal, conducts and publishes research, provides benefits globally to more than 130,000 members, In 188 countries, and develops international information systems auditing and control standards. ISACA also administers the globally respected Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified in the Governance of Enterprise IT (CGEIT), Certified in Risk and Information Systems Control (CRISC) designations, and Cybersecurity Practitioner (CSXP) designations and has more than 159,000 certification holders. ISACA supports development, update and education activities related to COBIT 5, a globally adopted business framework for governing and managing enterprise information technology and Cybersecurity Nexus (CSX), which offers credentialing, training and career development for cybersecurity professionals at all stages of their careers. form 990, part III, line 4a, program service accomplishments: Information Systems Audit and Control Association's (ISACA) primary purpose is to serve its members. One way ISACA does that is by helping them do their jobs better, by offering them pragmatic guidance on emerging technologies they deal with every day. In 2016, 11 white papers, two books and five audit programs were issued. Nearly 500 titles and 200 downloadable items were available in the ISACA Bookstore. ISACA translated 164 items and publications into 14 non-English languages in 2016. Much of the research publications are offered to members for free download as a benefit of membership. ISACA hosted seven in-person conferences and several other training opportunities, including online learning. The association offers member benefits in the areas of professional development, community and leadership, and continually reviews and expands its portfolio of benefits to address the changing needs of members. Many member benefits are documented and further explained within the other responses on this form. As a result of this activity, ISACA membership grew five percent from 1 January to 31 December 2016, growing to 130,822 members in 188 countries. Three new chapters were added, taking the total number of chapters worldwide to 215. form 990, part III, line 4b, program service accomplishments: Information technology (IT) is a rapidly changing industry, and it demands a commitment on the part of its practitioners to learn continuously and master new skills. Certification is one way to expand one's skill set and be recognized for doing so. Holding an Information Systems Audit and Control Association (ISACA) professional certification demonstrates excellence in the topic and a commitment to remaining current and informed; it distinguishes an individual from his/her peers. Information Systems Audit and Control Association (ISACA) offers five certifications: Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified in the Governance of Enterprise IT (CGEIT), Certified in Risk and Information Systems Control (CRISC), and Cybersecurity Practitioner (CSXP) designations. In 2016, which was first offered in 1978, CISA saw a 6.5 percent increase, growing to 129,462 certification earners by year's end. The CISA exam was available in multiple languages at more than 250 locations. CISM, was first offered in 2002, saw an 11.8 percent increase this year, growing to 34,050 certification earners by year's end. CGEIT, which was introduced in 2007, saw a 5.8 percent increase this year, growing to 7,176 certification earners by year's end. CRISC, whiich was introduced in 2010, saw a 7.2 percent increase this year, growing to 21,023 certification earners by year's end. CSXP, ISACA's newest certification, was introduced in 2015. 2016 marked the tenth year the CISA and CISM certifications were accredited under international standard ANSI/ISO/IEC 17024 from the International Organization for Standardization (ISO), the sixth year CGEIT received that accreditation, and the fourth year that CRISC was so recognized. form 990, part III, line 4c, program service accomplishments: In 2016, the Information Systems Audit and Control Association (ISACA) education roster included major face-to-face events such as the global Computer Audit, Control and Security (CACS) conferences; topic-specific conferences (on information security and risk management, and on governance, risk and compliance); and week-long training events focusing in-depth on one or two topics. ISACA is dedicated to monitoring the professional environment and developing new programs as needed to complement its established portfolio of events. The association has focused a considerable amount of effort on distance learning, as it provides a way to cover late-breaking topics on a timely basis and offer low-cost education to a globally dispersed audience. The online events program included quarterly webinar programs specific to geographical regions, including a Spanish language event in Latin America and events in Europe and Africa. In 2016, in addition to CSX North America, ISACA expanded the cybersecurity conference to CSX Asia Pacific and CSX Europe. ISACA's webinar program included 44 webinars on various topics, of which more than 37,000 attendees took advantage. In 2016, ISACA launched new virtual instructor-led training, which included six live events and three recorded versions. ISACA also launched four CPE On Demand recorded video bundles and the COBIT video series. The Training Week program included 13 events presented in cooperation with Deloitte LLP. As valuable as distance learning is, the benefits of small-venue, face-to-face training continues to be appreciated. In 2016, ISACA provided 79 on-site training programs, an increase of more than 15 percent over last year, which enterprises used as a low-cost, customizable way to educate multiple employees at once. Form 990, Part VI, Section A, line 6 INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION (ISACA) MAINTAINS A MEMBERSHIP OF INDIVIDUALS; THERE IS NO CORPORATE MEMBERSHIP CATEGORY. ANYONE INTERESTED IN THE PURPOSES AND OBJECTIVES OF THE ASSOCIATION IS ELIGIBLE FOR MEMBERSHIP. THE VAST MAJORITY OF ISACA MEMBERS ALSO BELONG TO A LOCAL CHAPTER (MEMBERSHIP IN ISACA IS REQUIRED FOR ANYONE HOLDING MEMBERSHIP IN A CHAPTER). A MEMBER-AT-LARGE CATEGORY EXISTS FOR INDIVIDUALS WHO WISH TO JOIN ISACA BUT WHO LIVE AT SUCH A DISTANCE FROM A LOCAL CHAPTER THAT ATTENDANCE AT MEETINGS IS PROHIBITIVE. STUDENT AND RETIRED MEMBER CATEGORIES ARE OFFERED AS WELL. ISACA'S MEMBERSHIP IS CHARACTERIZED BY DIVERSITY. THE CONSTITUENTS LIVE AND WORK IN 188 COUNTRIES AND RUN THE GAMUT OF JOB TITLES, INCLUDING INFORMATION SYSTEM AUDITOR, CONSULTANT, EDUCATOR, INFORMATION SECURITY MANAGER, REGULATOR, CHIEF INFORMATION OFFICER, INTERNAL AND EXTERNAL AUDITOR, COMPLIANCE OFFICER, RISK MANAGER AND STUDENT. SOME ARE NEW TO THE FIELD, WHILE OTHERS ARE AT MIDDLE MANAGEMENT LEVELS OR SENIOR RANKS. THEY WORK IN FINANCE AND BANKING, PUBLIC ACCOUNTING, HOSPITALITY, HEALTH CARE, GOVERNMENT AND THE PUBLIC SECTOR, UTILITIES, MANUFACTURING AND RETAIL. ISACA MEMBERS EMBRACE THIS DIVERSITY AS PROVIDING A VAST LEARNING GROUND WHERE THEY MAY DELVE INTO THE CHALLENGES AND OPPORTUNITIES FACED BY COLLEAGUES IN OTHER COUNTRIES, POSITIONS OR INDUSTRIES. ISACA RECOGNIZES THAT ITS MEMBERS CONSTITUTE AN EXTENSIVE AND VARIED POOL OF EXPERTISE; EXPERTISE THE ASSOCIATION COUNTS ON TO HELP PROVIDE SERVICES AND PRODUCTS THAT ENGENDER CREDIBILITY AND CAPABILITY IN ITS CONSTITUENTS. THE MORE MEMBERS, THE MORE EXPERTISE; THE MORE EXPERTISE, THE BETTER THE ABILITY TO MEET CONSTITUENT NEEDS. ISACA'S MEMBERS ARE ITS MOST VALUABLE ASSET. Form 990, Part VI, Section A, line 7a Information Systems Audit and Control Association (ISACA) has a Nominating Committee that prepares a slate of officers (Chair, Vice-Chair and elected directors) for member review. Members may submit the names of additional candidates by way of petition prior to 120 days before the Annual Meeting of the Membership. The petition must be signed by one-twentieth of 1 percent of the members in good standing, equaling a minimum of 100 members, no more than 20 of which may be from any one chapter. If members propose additional candidates or if the Nominating Committee itself proposes more candidates than there are openings on the Board of Directors, an election is held. If an election is held, the election is conducted by voice, electronic vote or ballot. Only those ballots received 20 or more days prior to the Annual Meeting are counted. Results of the election are certified by an independent professional group and announced at the Annual Meeting. If no additional candidates are proposed by the members, or the Nominating Committee's slate presents a number of candidates which does not exceed the number of openings available, the committee's slate is considered elected by acclamation. Form 990, Part VI, Section A, line 7b WHEREAS NOT ALL DECISIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO REVIEW AND APPROVAL BY THE MEMBERSHIP, CERTAIN ONES ARE. EACH YEAR, AT THE ANNUAL MEETING OF THE MEMBERSHIP, THE FOLLOWING ITEMS ARE PRESENTED TO THE MEMBERS IN ATTENDANCE: - HIGHLIGHTS OF DECISIONS MADE BY THE BOARD OVER THE PREVIOUS YEAR - THE PREVIOUS ANNUAL MEETING'S MINUTES - THE TREASURER'S REPORT - APPOINTMENT OF THE ASSOCIATION'S INDEPENDENT AUDITORS FOR THE FOLLOWING YEAR THE BYLAWS REQUIRE THE MEMBERS TO VOTE ON ANY CHANGES TO THE BYLAWS THAT (I) MATERIALLY AND ADVERSELY AFFECT THE MEMBERS' RIGHTS AS TO VOTING, DISSOLUTION, REDEMPTION, OR TRANSFER; (II) INCREASE OR DECREASE THE NUMBER OF MEMBERS AUTHORIZED IN TOTAL OR FOR ANY CLASS; (III) EFFECT AN EXCHANGE, RECLASSIFICATION, OR CANCELLATION OF ALL OR PART OF THE MEMBERSHIPS; (IV) AUTHORIZE A NEW CLASS OF VOTING MEMBERSHIP; (V) INCREASE OR EXTEND THE TERMS OF DIRECTORS; (VI) INCREASE THE QUORUM FOR MEMBERS' MEETINGS; (VII) REPEAL, RESTRICT, CREATE, EXPAND, OR OTHERWISE CHANGE PROXY RIGHTS; or (VIII) AUTHORIZE CUMULATIVE VOTING. FURTHER, WHERE AMENDMENTS TO THE BYLAWS REQUIRE APPROVAL BY THE MEMBERS AS SET FORTH UNDER THE CORPORATIONS CODE AS STATED ABOVE, THE AMENDMENT MAY BE APPROVED BY THE VOTE OF A MAJORITY OF THE MEMBERS PRESENT AT A MEETING AT WHICH A QUORUM IS MET OR BY MAIL/ELECTRONIC BALLOT. Form 990, Part VI, Section B, line 11b The 2016 Form 990 for Information Systems Audit and Control Association (ISACA) was prepared by CohnReznick LLP (CohnReznick), based upon information provided by ISACA. This document summarizes the review points and availability associated with the returns. The data for the return was compiled based on information prepared for the 2016 audit, as well as other accounting records. This information was submitted to CohnReznick for preparation of the returns. In addition to the financial information CohnReznick received, CohnReznick had an opportunity to raise questions about governance and other issues, and request additional information as needed. The narrative explanations of program accomplishments and policies were coordinated with the applicable Directors and members of the Executive Team. Upon completion of the return, several layers of review were conducted: - Initial reviews of return: The initial review of the completed return was completed by the respective staff within the Finance Department. - Senior Management review: Following the initial review, the Executive Team including the CEO were provided a copy of the return for comment. The CEO, CFO and VP, Human Resources also provided an additional review of the compensation-related areas. Comments were forwarded to CohnReznick for incorporation into the return. - Volunteer review: -- The organization's Governance Committee Chair reviewed the return. -- Comments from these reviews were evaluated and provided to CohnReznick, who updated the return, if applicable. -- The Board of Directors was provided access to the return via the board effect (web site) prior to its filling. Form 990, Part VI, Section B, line 12c Information Systems Audit and Control Association (ISACA) has a conflict of interest policy that defines an interested person and independent director; directs Board members and others to keep in confidence all ISACA confidential information; requires Board members and others to disclose arrangements that may propose a conflict of interest so that the Conflict of Interest Panel comprised of the Governance Committee, Board Chair and ISACA CEO may evaluate such arrangements. This policy details the procedures that must be used in considering a conflict of interest, periodic reviews of any compensation arrangements and other partnerships. Further, potential conflicts of interest are documented and monitored each year, through (1) self-proclamations made by individual volunteers who sign the participation agreements required for participation in association boards, committees, working groups and task forces; (2) disclosure of conflicts in standard consulting agreements; and (3) disclosure by ISACA employees upon hire (and annually) by review and signature of the organization's employee agreement. Consultants, volunteers and employees are encouraged to report any conflicts that may arise throughout the year. If such instances are reported, they are dealt with at that time and based on the circumstances relating to the potential conflict. Form 990, Part VI, Section B, line 15 The compensation philosophy of Information Systems Audit and Control Association (ISACA), which is affirmed by the Board of Directors, should facilitate ISACA's ability to attract, motivate and retain quality staff. The compensation philosophy is supported by use of an independent compensation consulting firm and the establishment of a Compensation Committee composed of independent members of the Board of Directors (current and two immediate past board chairs). Based on the compensation philosophy, the compensation range for the CEO is developed by the compensation consultant and reported to the Committee. Compensation ranges are also developed by the consultant for the executive management team with compensation variances to the ranges provided to the Committee. Ranges are calculated based on position responsibilities and a blend of the not-for-profit and for-profit sectors, which reflects the labor market in which ISACA competes for executive talent: 60% for-profit organizations and 40% not-for-profit organizations. The final report of the compensation consultant as accepted by the Committee, the compensation philosophy, and contract (if applicable) then serve as the basis for the determination of compensation, consisting of base salary, incentives, total cash compensation and benefits. Determination for executive management is made by the CEO based upon the accepted compensation ranges and approved by the Compensation Committee. Determination for the CEO is made by the Compensation Committee itself. This process is completed every three years except if there is a change in control, merger and/or acquisition, or other activity that changes roles and responsibilities; then performed as needed. Gathering the information necessary to evaluate the market competitiveness of ISACA's compensation; provide data on executive compensation from a control and governance standpoint; and facilitate ISACA's compensation philosophy, accomplish organizational objectives and provide value to its constituents, which ISACA considers critically important to its future. Form 990, Part VI, Section C, line 19 THE FOLLOWING DOCUMENTS ARE POSTED TO THE WEB SITE AND PROVIDED UPON REQUEST: (1) PARTICIPATION AGREEMENT AND INTELLECTUAL PROPERTY (IP) WAIVER, WHICH OUTLINES THE CONFLICT OF INTEREST POLICY AND INTELLECTUAL PROPERTY OWNERSHIP ISSUES AND IS REQUIRED TO BE SIGNED BY ALL VOLUNTEERS; (2) THE ARTICLES OF INCORPORATION OF THE ORGANIZATION AND BYLAWS OF THE ORGANIZATION; AND (3) THE ANNUAL REPORT. INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION (ISACA) DOES NOT HAVE A FORM 1023, BUT IT DOES PROVIDE THE IRS LETTER OF DETERMINATION, UPON REQUEST. IN ADDITION, FORM 990 IS PUBLICLY AVAILABLE THROUGH GUIDESTAR'S WEB SITE AND THE ILLINOIS ATTORNEY GENERAL'S WEB SITE. Form 990, Part IX, line 11g Email Communication Services 99,031. Exam Development & Administration 2,792,880. Other Professional Services 4,301,576. Recruiting/Placement Fees 224,789. Temporary Clerical Services 145,220. Temporary Personnel Services 144,835. Translation Services 219,862. office admin services 47,061. form 990, part xii, line 2c: Information Systems Audit and Control Association (ISACA) has an Audit AND RISK Committee responsible for the oversight of the audit and selection of the independent accountant. ISACA also has a Finance Committee which assumes responsibility for oversight in the review and compilation of its financial statements. CMMI Institute LLC 11 Stanwix St Ste 1150 Pittsburgh PA 15222 300750321 Training/Consulting PA 7219895 9392567 ISACA Enterprises Inc IT GOVERNANCE INSTITUTE 3701 ALGONQUIN RD SUITE 1010 ROLLING MEADOWS IL 60008 953080691 RESEARCH/DEVELOPMENT IL 501(c)(3) Line 12b, II ISACA 1 ISACA Enterprises Inc 3701 Algonquin Rd Ste 1010 Rolling Meadows IL 60008 811115397 Holding Company DE Information Systems Audit and Control Association Inc C 7219895 8194988 1.00000 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 IT GOVERNANCE INSTITUTE D 128198 FMV IT GOVERNANCE INSTITUTE Q 79587 FMV ISACA Enterprises Inc E 258118 fMV ISACA Enterprises Inc N 407244 fMV ISACA Enterprises Inc P 890543 fMV ISACA Enterprises Inc Q 7300000 fMV