INTERNATIONAL ENERGY CREDIT ASSOCIATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: INTERNATIONAL ENERGY CREDIT ASSOCIATION INC (EIN 41-1353632)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-10-31
IRS object ID: 201323049349300632
Schema version: 2012v2.1
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
Form 990
Schedule C
Schedule D
Schedule F
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-10-31T11:00:13-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	232896692	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BBD LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1835 MARKET STREET 26TH FLOOR	AddressLine1
City	PHILADELPHIA	City
State	PA	State
ZIP Code	19103	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	411353632	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	INTERNATIONAL ENERGY CREDIT ASSOCIATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	INTE	NameControl
Phone	8563806854	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	15000 COMMERCE PARKWAY NO C	AddressLine1
City	MOUNT LAUREL	City
State	NJ	State
ZIP Code	08054	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MARK SOULLIERE	Name
Title	PRESIDENT	Title
Phone	8563806854	Phone
Date Signed	2013-10-28	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	MARIANNE MAK	Name
PTIN	P00297744	PTIN
Phone	2155677770	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	MARK SOULLIERE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	15000 COMMERCE PARKWAY NO C	AddressLine1
City	MOUNT LAUREL	City
State	NJ	State
ZIP Code	08054	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1536769	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.IECA.NET	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1923	YearFormation
State Legal Domicile	MN	StateLegalDomicile
Activity Or Mission Description	SEE PAGE 2, PART III, LINE 1: STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS FOR DETAILS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	22	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	22	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	100	TotalNbrVolunteers
Total Gross UBI	9252	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	411930	ContributionsGrantsPriorYear
Contributions Grants Current Year	403640	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	1214738	ProgramServiceRevenuePriorYear
Program Service Revenue CY	1120191	ProgramServiceRevenueCY
Investment Income Prior Year	1163	InvestmentIncomePriorYear
Investment Income Current Year	1015	InvestmentIncomeCurrentYear
Other Revenue Prior Year	4517	OtherRevenuePriorYear
Other Revenue Current Year	11923	OtherRevenueCurrentYear
Total Revenue Prior Year	1632348	TotalRevenuePriorYear
Total Revenue Current Year	1536769	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	25000	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	25000	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	194176	SalariesEtcPriorYear
Salaries Etc Current Year	190484	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1251161	OtherExpensePriorYear
Other Expenses Current Year	1417850	OtherExpensesCurrentYear
Total Expenses Prior Year	1470337	TotalExpensesPriorYear
Total Expenses Current Year	1633334	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	162011	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-96565	RevenuesLessExpensesCY
Total Assets BOY	1033863	TotalAssetsBOY
Total Assets EOY	924149	TotalAssetsEOY
Total Liabilities BOY	134918	TotalLiabilitiesBOY
Total Liabilities EOY	121769	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	898945	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	802380	NetAssetsOrFundBalancesEOY
Mission Description	THE IECA'S MISSION IS TO PROMOTE THE PROFESSIONALISM OF ITS MEMBERS BY PROVIDING CONTINUING EDUCATION AND A FORUM FOR THE EXCHANGE OF IDEAS RELEVANT TO CREDIT AND FINANCIAL MANAGEMENT OF THE ENERGY INDUSTRY.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Description	SERVED 1,450 MEMBERS; SEVERAL EDUCATION CONFERENCES AND SEMINARS FOR CREDIT RISK EDUCATION WITH OVER 850 ATTENDEES.	Description
Described In501 C3	0	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Subject To Proxy Tax	1	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	0	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	0	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	1	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	0	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	17	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	1	ForeignFinancialAccount
Name Of Foreign Country	CA	NameOfForeignCountry
Name Of Foreign Country	UK	NameOfForeignCountry
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	22	NbrVotingGoverningBodyMembers
Number Independent Voting Members	22	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	1	DelegationOfManagementDuties
Changes To Organizing Docs	1	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	1	MembersOrStockholders
Election Of Board Members	1	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	1	LocalChapters
Policies Reference Chapters	1	PoliciesReferenceChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	ASSOCIATION HEADQUARTERS INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	8563806854	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	15000 COMMERCE PARKWAY STE C	AddressLine1
City	MT LAUREL	City
State	NJ	State
ZIP Code	08054	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (37 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
MARK SOULLIERE
PRESIDENT (2012-2013)	4.00	X	X	0	0	0
PAUL KREBS
PRESIDENT (2011-2012)	4.00	X	X	0	0	0
PAUL KREBS
PAST PRESIDENT (2012-2013)	2.00	X	X	0	0	0
GREGORY CORTEZ
PAST PRESIDENT (2011-2012)	3.00	X	X	0	0	0
IAN PLESTER
FIRST VICE PRESIDENT (2012-2013)	3.00	X	X	0	0	0
MARK SOULLIERE
FIRST VICE PRESIDENT (2011-2012)	3.00	X	X	0	0	0
JAMIE SWARTZ
TREASURER (2012-2013)	2.00	X	X	0	0	0
ALYSON BEICKER
TREASURER (2011-2012)	3.00	X	X	0	0	0
ZACKARY STARBIRD
VP-EDUCATION (2012-2013)	1.50	X	X	0	0	0
AMANDA KENLY
VP-EDUCATION (2011-2012)	3.00	X	X	0	0	0
JAMES HAWKINS
VP-COMMUNICATION (2012-2013)	3.00	X	X	0	0	0
ZACKARY STARBIRD
VP-COMMUNICATION (2011-2012)	3.00	X	X	0	0	0
AMANDA KENLY
VP-MEMBERSHIP (2012-2013)	1.50	X	X	0	0	0
IAN PLESTER
VP-MEMBERSHIP (2011-2012)	3.00	X	X	0	0	0
GEOFFREY MEYERS
DIRECTOR (2012-2013)	1.50	X		0	0	0
JOHN EARLY
DIRECTOR (2012-2013)	1.00	X		0	0	0
ALYSON BEICKER
DIRECTOR (2012-2013)	3.00	X		0	0	0
ANDRES AGUILA
DIRECTOR (2012-2013)	1.00	X		0	0	0
SCOTT MCFERREN
DIRECTOR (2012-2013)	1.00	X		0	0	0
ALAN BABP
DIRECTOR (2011-2012)	1.00	X		0	0	0
LAURA BROWN
DIRECTOR (2011-2012)	1.50	X		0	0	0
MARIA TAYLOR
DIRECTOR (2011-2013)	2.00	X		0	0	0
JAMES HAWKINS
DIRECTOR (2011-2013)	2.00	X		0	0	0
IVAN MELAMUD
DIRECTOR (2011-2013)	2.00	X		0	0	0
MELISSA SCHUETZ
DIRECTOR (2011-2013)	1.00	X		0	0	0
JAMIE SWARTZ
DIRECTOR (2011-2012)	2.00	X		0	0	0
TERI BROWN
DIRECTOR (2011-2014)	1.00	X		0	0	0
MICHAEL DUTKA
DIRECTOR (2011-2014)	1.00	X		0	0	0
PHILIP PRIOLO
DIRECTOR (2011-2014)	1.00	X		0	0	0
OSCAR SOTO
DIRECTOR (2011-2014)	1.00	X		0	0	0
KYRI EVAGORA
ALLIED DIRECTOR (2011-2012)	2.00	X		0	0	0
MIKE DELUCA
ALLIED DIRECTOR (2012-2013)	1.00	X		0	0	0
DENNIS HERNANDEZ
ALLIED DIRECTOR (2011-2013)	2.00	X		0	0	0
JERRY BURT
EXECUTIVE VP-NORTH AMERICA (JAN-OCT)	40.00		X	82350	0	0
GARY NICHOLSON
EXECUTIVE VP-NORTH AMERICA (AUG-DEC))	40.00		X	27083	0	0
DAVID STONE
EXECUTIVE VP-EUROPE/ASIA	40.00		X	71088	0	0
MICHELE BIORDI
EXECUTIVE DIRECTOR	40.00		X	0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	180521	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Field	Value	IRS element (for citing)
Name Person	ASSOCIATION HEADQUARTERS	NamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	15000 COMMERCE PARKWARY STE C	AddressLine1
City	MOUNT LAUREL	City
State	NJ	State
ZIP Code	08054	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	MGMT. SERVICES	DescriptionOfServices
Compensation	459631	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K
Membership Dues	403640	MembershipDues
Total Contributions	403640	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount	Unrelated Business RevenueUnrelatedBusinessRevenue
CONFERENCES	900099	1056690	703216	$353,474
SEMINARS	900099	62336	62336
JOURNAL	541800	1165			1165

Field	Value	IRS element (for citing)
Total Program Service Revenue	1120191	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1015	TotalRevenueColumn
Exclusion	$1,015	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Unrelated Business RevenueUnrelatedBusinessRevenue	ExclusionExclusionAmount
WEB ADVERTISING	541800	8087	8087
MISCELLANEOUS	900099	3836		$3,836

Field	Value	IRS element (for citing)
Total Other Revenue	11923	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1536769	TotalRevenueColumn
Related Or Exempt Function Income	765552	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	9252	UnrelatedBusinessRevenue
Exclusion	$358,325	ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	25000	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	190484	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	342279	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	77019	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	98777	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	15634	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	832616	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	7413	Total

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal
MISCELLANEOUS	18292
PUBLICATIONS	17081
PROFESSIONAL FEES	8739

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1633334	Total

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	642371	BOY
EOY	549767	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	357632	BOY
EOY	355311	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	11301	BOY
EOY	780	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	15059	BOY
EOY	18291	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	0	LandBuildingsEquipmentBasis

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	7500	BOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1033863	BOY
EOY	924149	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	55368	BOY
EOY	64583	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	79550	BOY
EOY	57186	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	134918	BOY
EOY	121769	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	898945	BOY
EOY	802380	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	898945	BOY
EOY	802380	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1033863	BOY
EOY	924149	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-96565	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	0	AuditCommittee
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Substantially All Dues Nondeduct	1	SubstantiallyAllDuesNondeduct
Only In House Lobbying	1	OnlyInHouseLobbying
Agree To Carryover Prior Year	0	AgreeToCarryoverPriorYear

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	0	TotalOfBookValueLandBuildings
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	1536769	TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F990	0	RevenueNotRptdF990
Revenue Subtotal	1536769	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	1536769	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1633334	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	1633334	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	1633334	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

Field	Value	IRS element (for citing)
Identifier	DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	Identifier
Return Reference	PART X, LINE 2:	ReturnReference
Explanation	UNCERTAIN TAX POSITIONS UNDER ASC 740 GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE A MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. IECA BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS DEFINED IN GENERALLY ACCEPTED ACCOUNTING PRINCIPLES AND, AS A RESULT, THERE IS NO IMPACT ON THE FINANCIAL STATEMENTS. GENERALLY, THE IECA IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2009.	Explanation

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (3 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
EUROPE (INCLUDING ICELAND & GREENLAND) -	PROGRAM SERVICES	CONFERENCES, SEMINARS AND MEETINGS	296323
NORTH AMERICA - CANADA AND MEXICO, BUT	PROGRAM SERVICES	CONFERENCES, SEMINARS AND MEETINGS	95542
EAST ASIA AND THE PACIFIC -	PROGRAM SERVICES	CONFERENCES, SEMINARS AND MEETINGS	7495

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	0	SubtotalNumberOfOffices
Subtotal Number Of Employees	0	SubtotalNumberOfEmployees
Cont Number Of Offices	0	ContNumberOfOffices
Cont Number Of Employees	0	ContNumberOfEmployees
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Subtotal Amount Spent	399360	SubtotalAmountSpent
Cont Amount Spent	0	ContAmountSpent
Total Amount Spent	399360	TotalAmountSpent
Transfer To Foreign Corp	0	TransferToForeignCorp
Interest In Foreign Trust	0	InterestInForeignTrust
Own Foreign Corp	0	OwnForeignCorp
Passive Foreign Invest Co	0	PassiveForeignInvestCo
Foreign Partnership	0	ForeignPartnership
Boycott Countries	0	BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

Field	Value	IRS element (for citing)
Identifier	METHOD USED TO ACCCOUNT FOR EXPENDITURES:	Identifier
Explanation	SCHEDULE F, PART I, LINE 3: ACCRUAL METHOD	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SCHOLARSHIPS	TypeOfGrant
Number Of Recipients	8	NumberOfRecipients
Amount Of Cash Grant	25000	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PROCEDURE FOR MONITORING GRANTS IN THE U.S.:	Identifier
Return Reference	PART I, LINE 2:	ReturnReference
Explanation	SCHEDULE I, PART I, LINE 2: THE ORGANIZATION AWARDS ASSISTANCE BASED ON QUALIFYING CRITERIA. ONCE THE CRITERIA HAS BEEN MET NO PROCEDURES ARE USED TO MONITOR HOW AWARDS ARE SPENT.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

Return ReferenceReturnReference	ExplanationExplanation
FORM 990, PART VI, SECTION A, LINE 3	DELEGATION OF MANAGEMENT DUTIES IECA OUTSOURCES ITS ADMINISTRATIVE AND MANAGEMENT FUNCTIONS TO AN INDEPENDENT MANAGEMENT SERVICE COMPANY INCLUDING THE POSITION OF EXECUTIVE DIRECTOR (NON-VOTING MEMBER OF THE BOARD). THE TOTAL FEES INCURRED BY THE IECA FOR THIS MANAGEMENT SERVICE COMPANY DURING THE TAX YEAR AMOUNTED TO $342,279 AND IS REPORTED ON FORM 990, PAGE 10, PART IX, LINE 11A.
FORM 990, PART VI, SECTION A, LINE 4	SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS THE GOVERNING BOARD ADOPTED THE FOLLOWING CHANGES OF ITS BYLAWS IN OCTOBER, 2012. AS REFERENCED BELOW: (1) THE EXECUTIVE COMMITTEE SHALL BE CHAIRED BY THE PRESIDENT; (2) THE EXECUTIVE COMMITTEE SHALL BE VESTED WITH ALL POWERS OF THE BOARD OF DIRECTORS TO TRANSACT THE BUSINESS. THE BOARD OF DIRECTORS SHALL BE INFORMED OF ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE; (3) IN THE ABSENCE OF THE SECRETARY-TREASURER, A MEMBER OF THE EXECUTIVE COMMITTEE SHALL PERFORM THEIR DUTIES; (4) AUDITOR IS RESPONSIBLE TO THE EXECUTIVE COMMITTEE; AND (5) AUDITOR SHOULD SUBMIT AUDIT REPORT TO EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 6	MEMBERSHIP ORGANIZATION IECA HAS ONE CLASS OF VOTING MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	ELECTION OF MEMBERS OF GOVERNING BODY EACH VOTING MEMBER HAS THE SAME RIGHT TO VOTE AND TO BE ELECTED AS A MEMBER OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11	GOVERNING BODY REVIEW OF FORM 990 PRIOR TO ITS FILING WITH THE IRS, A FINAL COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE GOVERNING BOARD.
FORM 990, PART VI, SECTION B, LINE 12C	MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY ALL BOARD MEMBERS ARE REMINDED ANNUALLY OF THEIR DISCLOSURE OBLIGATIONS UNDER THE DISCLOSURE DECLARATION POLICY. MEMBERS SHALL UPDATE THE DISCLOSURE DECLARATION ANYTIME THEY BECOME AWARE OF A POTENTIAL CONFILCT. EACH UPDATE TO THE DECLARTION IS SENT TO THE EXECUTIVE COMMITTEE AND EXECUTIVE DIRECTOR.
FORM 990, PART VI, SECTION B, LINE 15	PROCESS FOR DETERMINING OFFICERS' COMPENSATION OFFICERS' SALARIES ARE SET IN CONSULTATION WITH THE BOARD OF DIRECTORS, TAKING INTO CONSIDERATION MARKET CONDITIONS AND BUDGET CONSTRAINTS.
FORM 990, PART VI, SECTION C, LINE 19	PUBLIC AVAILABILITY OF OTHER DOCUMENTS COPIES OF IECA'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE PROVIDED UPON REQUEST.