2013-02-13T09:22:22-06:00 2012-06-30 910189318 MOSS ADAMS LLP 999 THIRD AVENUE SUITE 2800 SEATTLE WA 98104 990 2011-07-01 134142147 MERCHANT RISK COUNCIL MERC 2063642789 1809 7TH AVE NO 1403 SEATTLE WA 98101 TOM DONLEA 2063642789 2013-02-09 WENDY CAMPOS P00448102 2063026500 2011 2016-02-25 16:41:14Z TOM DONLEA BLAIR COSSEY 1809 7TH AVE NO 1403 SEATTLE WA 98101 3759195 0 X WWW.MERCHANTRISKCOUNCIL.ORG X 2000 NY MERCHANT LED TRADE ASSOCIATION FOCUSED MAINLY ON MAKING ELECTRONIC COMMERCE MORE SAFE, EFFICIENT, AND PROFITABLE. 9 9 13 187 0 0 0 0 3017933 3757200 3352 1995 0 0 3021285 3759195 0 0 0 0 674491 861865 0 0 0 2166811 2437079 2841302 3298944 179983 460251 2318874 2776586 1422874 1420335 896000 1356251 X MERCHANT RISK COUNCIL IS A MERCHANT-LED TRADE ASSOCIATION FOCUSED ON UNITING ONLINE RETAILERS, CARD COMPANIES, LAW ENFORCEMENT AGENCIES AND SOLUTION PROVIDERS TO MAKE ELECTRONIC COMMERCE MORE SAFE, EFFICIENT AND PROFITABLE. WE LEAD INDUSTRY NETWORKING, EDUCATIONAL PROGRAMS, BENCHMARKING AND ADVOCACY PROGRAMS THAT INVOLVE ALL OF OUR CONSTITUENTS GLOBALLY. 0 0 MERCHANT RISK COUNCIL (MRC) HOSTED THEIR ANNUAL E-COMMERCE PAYMENTSAND RISK CONFERENCE IN LAS VEGAS IN MARCH 2012. THIS CONFERENCEWELCOMED MORE THAN 900 LEADERS FROM AROUND THE WORLD; ALL COLLABORATINGTO IMPROVE ELECTRONIC COMMERCE AND MAKE ONLINE TRANSACTIONS MOREEFFICIENT, SAFE AND PROFITABLE. MRC ALSO HOSTED SUCCESSFUL CONFERENCESIN CHICAGO - ILLINOIS, BERLIN - GERMANY AND DUBLIN - IRELAND.IN ADDITION, MRC PROVIDED NUMEROUS WEBINARS AND OTHER EDUCATIONALOPPORTUNITIES FOR MEMBERS. IT COORDINATED INDUSTRY BENCHMARKING STUDIESIN ITS PRINCIPAL SUBJECT AREAS OF FRAUD, PAYMENTS AND SECURITY, AS WELLAS SURVEYS ON HOT ISSUES DURING THE YEAR. MRC ALSO ENGAGED IN ADVOCACYEFFORTS INTENDED TO IMPROVE THE ENVIRONMENT FOR SAFE AND PROFITABLEE-COMMERCE TRANSACTIONS. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 17 0 1 13 1 0 0 0 0 0 0 X 9 9 0 0 1 0 1 1 1 1 1 0 0 1 0 0 0 1 0 0 X BLAIR COSSEY 2063642789 1809 7TH AVE STE 1403 SEATTLE WA 98101 TOM SULLIVAN 3.00 X X 0 0 0 PETE POURIDIS 2.50 X X 0 0 0 KARL HEBERT 3.00 X X 0 0 0 ANDY BOKOR 1.00 X 0 0 0 PAM SCHNEIDER 2.00 X 0 0 0 RONDA SIFFORD 2.00 X 0 0 0 ROSSINI ZUMWALT 1.50 X 0 0 0 PAUL FUNARI 1.00 X 0 0 0 KEVIN SPRAKE 2.00 X 0 0 0 FLORIS DE KORT 2.00 X 0 0 0 MIKE DUFFY 1.00 X 0 0 0 GREGORY GOECKNER 40.00 X 110000 0 13635 TOM DONLEA 40.00 X 102491 0 18610 212491 0 32245 2 0 0 0 STRATGRANAT SL CALLE BALLESTA 9 MADRID SP 28004 CONSULTING SERVICES 441462 SOUND PLANNING MEETING & EVENTS 7103 34TH AVE NW SEATTLE WA 98117 EVENT PLANNING CONSULTING SERVICES 182823 2 CONFERENCE REVENUES 900099 2354725 2354725 MEMBERSHIP DUES 900099 1391148 1391148 OTHER REVENUE 900099 11327 11327 3757200 1995 1995 3759195 3757200 0 1995 173726 559287 15130 36478 77244 9951 21800 454381 7111 51317 54098 62965 135987 1516243 12594 12308 CREDIT CARD PROCESSING 41598 BUSINESS TAXES 32130 EMPLOYMENT EXPENSES 7701 BANK FEES 6563 10332 3298944 1182118 1912608 986489 661714 119211 164937 48003 30279 19496 17724 11560 19603 2318874 2776586 79989 262951 1342885 1157384 1422874 1420335 X 1356251 896000 896000 1356251 2318874 2776586 460251 0 X 0 1 1 X 0 0 1 0 4092 315 3777 43911 29964 13947 17724 3759195 3298944 460251 460251 3759195 0 3759195 0 3759195 3298944 0 3298944 0 3298944 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(6), ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAX IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ASSOCIATION RECOGNIZED TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ASSOCIATION RECOGNIZED INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN TAX EXPENSE. AS OF JUNE 30, 2012, THE ASSOCIATION IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. THE ASSOCIATION FILES INCOME TAX RETURNS WITH THE U.S. GOVERNMENT. THE ASSOCIATION MAY BE SUBJECT TO INCOME TAX EXAMINATIONS FOR THE CURRENT YEAR AND CERTAIN PRIOR YEARS BASED ON THE APPLICABLE LAWS AND REGULATIONS EUROPE (INCLUDING ICELAND & GREENLAND) 0 2 PROGRAM SERVICES 2 CONFERENCES AND MEMBER SERVICES 790085 0 2 0 0 0 2 790085 0 790085 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS TO INCREASE THE NUMBER OF REGIONAL ADVISORY BOARD MEMBERS FROM 10 TO 16. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE 8 LEVELS OF MEMBERSHIP, WITH THE TOP LEVELS AFFORDED VARIOUS BENEFITS SUCH AS THE OPPORTUNITY TO JOIN COMMITTEES, VOTE ON CERTAIN MATTERS AS DESIGNATED BY THE BOARD, HOST WEBINARS, SPEAKING OPPORTUNITIES AT CONFERENCES, PERMISSION TO POST MRC LOGO ON THEIR WEBSITE, AND HAVE THEIR COMPANY'S LOGO POSTED ON MRC WEBSITE. FORM 990, PART VI, SECTION A, LINE 7A DUES-PAYING MERCHANT MEMBERS OF THE ORGANIZATION VOTE TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS ONLY HAVE THE RIGHT TO APPROVE DECISIONS OF THE GOVERNING BODY AS REQUIRED BY THE NEW YORK NOT-FOR-PROFIT CORPORATION LAW AND THE ORGANIZATION'S BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE OFFICE OF THE EXECUTIVE DIRECTOR, FINANCE AND ADMINISTRATION MANAGER, TREASURER AND EXECUTIVE COMMITTEE, THEN PROVIDED TO THE FULL BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY WAS DETERMINED USING THE UNITED WAY OF KING COUNTY SALARY SURVEY DATA FOR TRADE ASSOCIATIONS AS WELL AS FOR PROFIT MARKET KNOWLEDGE IN AND OUTSIDE OF SEATTLE BASED UPON THE KNOWLEDGE AND EXPERIENCE OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS COULD BE ACCESSED FROM THE WEBSITE. GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. MERCHANT RISK COUNCIL FOUNDATION 1809 7TH AVE SUITE 1403 SEATTLE WA 98101 261110551 DORMANT WA 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0