2013-11-19T12:26:37-06:00 2012-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVENUE SUITE 500 BETHESDA MD 20814 990 2012-01-01 522385104 BANK INSURANCE & SECURITIES ASSOCIATION BANK 2023671111 2025 M STREET NO 800 WASHINGTON DC 20036 JAMES M MCNEIL 2023671111 2013-11-19 1 DANIEL L WEAVER P01249346 3019860600 2012 2016-02-25 16:41:14Z JAMES M MCNEIL 2025 M STREET NO 800 WASHINGTON DC 20036 3198075 0 X WWW.BISANET.ORG X 2002 CA SUPPORT MEMBER FIRMS AND FINANCIAL PROFESSIONALS WITHIN DEPOSITORY INSTITUTIONS BY BUILDING A COMMUNITY AND PROVIDING FORUMS. 20 20 0 55 463574 0 0 0 2195063 2276568 5787 5163 7202 10945 2208052 2292676 0 0 0 0 0 0 0 0 0 2288933 2141297 2288933 2141297 -80881 151379 1481107 1866779 429236 663621 1051871 1203158 X BISA'S MISSION IS TO SUPPORT MEMBER FIRMS AND FINANCIAL PROFESSIONALS WITHIN DEPOSITORY INSTITUTIONS BY BUILDING A COMMUNITY AND PROVIDING FORUMS TO ENHANCE THEIR PROFESSIONALISM, KNOWLEDGE, AND PRODUCTIVITY TO HELP THEM BEST SERVE THEIR CLIENTS WITH A BROAD ARRAY OF FINANCIAL SOLUTIONS. 0 0 PROVIDED EDUCATIONAL SEMINARS TO MEMBERS PROVIDED RESEARCH AND STATISTICS NEWSLETTERS, DIRECTORIES, WEBSITES & OTHER PUBLICATIONS TO MEMBERS 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 0 1 1 0 0 0 0 0 X 20 20 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 DC CA X SMITHBUCKLIN CORPORATION 2023671125 2025 M STREET SUITE 800 NW WASHINGTON DC 200363309 X SAM GUERRIERI JR 5.00 X X 0 0 0 DAN OVERBEY 5.00 X X 0 0 0 MARC A VOSEN 5.00 X X 0 0 0 THOMAS N HOWE 5.00 X X 0 0 0 KEITH PIPES 5.00 X X 0 0 0 BRETT C BOWERS 5.00 X 0 0 0 FRANK A CONSALO 5.00 X 0 0 0 HOWARD HAMMOND 5.00 X 0 0 0 TOM KLEPS 5.00 X 0 0 0 DANIEL J MCCORMACK 5.00 X 0 0 0 JAMES B NONNENGARD 5.00 X 0 0 0 VANCE RICHARD 5.00 X 0 0 0 STEVE DOWDEN 5.00 X 0 0 0 RICHARD R GUERRINI 5.00 X 0 0 0 JOHN W HOUSTON 5.00 X 0 0 0 ANDY KALBAUGH 5.00 X 0 0 0 RICHARD J KOLL 5.00 X 0 0 0 KEVIN MUMMAU 5.00 X 0 0 0 LEANN RUMMEL 5.00 X 0 0 0 DAWN DUPRE 5.00 X 0 0 0 JAMES M MCNEIL 40.00 X 0 0 0 0 0 0 0 0 0 0 SMITHBUCKLIN CORPORATION 2025 M STREET NW WASHINGTON DC 20036 MANAGEMENT FEES 937088 MORGAN LEWIS AND BOCKIUS 300 SOUTH GRAND AVE 22ND FLOOR LOS ANGELES CA 90071 LEGAL FEES 137500 2 MEMBERSHIP DUES AND AS 900099 1453250 1453250 BISA MAGAZINE REVENUE 541800 463574 463574 CONFERENCE REVENUE 900099 359744 359744 2276568 5203 5203 905359 905399 -40 -40 -40 MISCELLANEOUS 900099 10945 10945 10945 2292676 1812994 463574 16108 X 325000 35004 52323 20 661953 92772 161101 74998 726387 5226 WHO'S WHO VOLUMES 3731 DUES AND SUBSCRIPTIONS 2782 2141297 349265 232854 1012646 1498796 64100 73319 55096 61810 1481107 1866779 169969 80956 259267 582665 429236 663621 X 1051871 1203158 1051871 1203158 1481107 1866779 151379 -92 0 X X 0 1 X 1 0 0 1 0 0 X 2292564 -92 -92 2292656 20 20 2292676 2141277 0 2141277 20 20 2141297 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ASSOCIATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2012 AND 2011. THE ASSOCIATION'S POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE ASSESSED OR RECORDED DURING FISCAL YEARS 2012 AND 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION HAS CONTRACTED WITH SMITHBUCKLIN TO PERFORM ALL MANAGEMENT FUNCTIONS. FORM 990, PART VI, SECTION A, LINE 6 BANKS, SAVINGS BANKS, SAVINGS AND LOAN ASSOCIATIONS, CREDIT UNIONS, AND OTHER FINANCIAL SERVICES COMPANIES SO DESIGNATED BY THE BOARD, INCLUDING BROKER-DEALER, INSURANCE AGENCY, MUTUAL FUND, INVESTMENT MANAGEMENT, AND FINANCIAL OR ESTATE PLANNING SUBSIDIARIES AND AFFILIATES OF SUCH ENTITIES, SHALL BE CONSIDERED REGULAR MEMBERS. ALL ORGANIZATIONS INTERESTED IN SUPPORTING THE MARKETING, DEVELOPMENT OR MANUFACTURE OF SECURITIES, INSURANCE AND INVESTMENT PRODUCTS AND SERVICES FOR THE FINANCIAL INSTITUTION DISTRIBUTION CHANNEL SHALL BE CONSIDERED ASSOCIATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT OF SMITHBUCKLIN REVIEWS THE FORM 990 AND EMAILS THE 990 TO THE BOARD PRIOR TO SUBMITTING THE FORM TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND BOARD OF DIRECTORS SIGN A DOCUMENT ANNUALLY WHICH WOULD DISCLOSE ANY CONFLICT OF INTERESTS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE AT OFFICE OTHER FEES FORM 990, PART IX, LINE 11G STAFF TIME: TOTAL EXPENSES 250,353. GOVERNMENT RELATIONS: TOTAL EXPENSES 129,996. PUBLICATION: TOTAL EXPENSES 172,331. PRODUCTIVITY BENCHMARK RESEARCH: TOTAL EXPENSES 23,639. MARKET RESEARCH: TOTAL EXPENSES 43,334. INFO CONTENT FEES: TOTAL EXPENSES 42,300. THE OVERSIGHT PROCESS FOR THE SELECTION OF AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR.