2011-11-14T17:26:57-06:00 2010-12-31 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20743 990 2010-01-01 521700108 ELECTRONIC TRANSACTIONS ASSOCIATION ELEC 2028282635 1101 16TH STREET NW NO 402 WASHINGTON DC 20036 CARLA BALAKGIE 2028282635 2011-11-14 1 SUBRINA L WOOD 2022932200 2010 2016-02-24 21:20:13Z CARLA BALAKGIE 1101 16TH STREET NW NO 402 WASHINGTON DC 20036 4419389 0 X WWW.ELECTRAN.ORG X 1990 DC PROVIDE LEADERSHIP IN THE TRANSACTION PROCESSING INDUSTRY THROUGH EDUCATION AND ADVOCACY. 15 15 8 0 430441 -39944 0 0 680347 4402208 5673 17181 0 0 686020 4419389 0 0 0 0 562316 1082488 0 0 0 1038741 2969259 1601057 4051747 -915037 367642 2283777 3042889 1226632 1628530 1057145 1414359 X ETA'S STATED MISSION IS TO FULLY SERVE ITS MEMBERS AND ADVANCE THEIR PROFESSION BY PROVIDING LEADERSHIP THROUGH EDUCATION, ADVOCACY AND THE EXHANCE OF INFORMATION. 0 0 MEETINGS & EXPOSITIONSETA ANNUAL MEETING AND EXPO, APRIL 13-15, 2010, LAS VEGAS, NEVADAOVERALL ATTENDANCE AT THE MEETING, INCLUDING PAID/COMP INDUSTRY ATTENDEES, EXHIBITORS, SPEAKERS AND GUESTS, INCREASED FROM 2,273 TO 2,540 CONSTITUTING AN INCREASE OF 11% OVER LAST YEAR. THE 2010 PROGRAM KEYNOTE SPEAKER WAS RUDI GIULIANI AND FEATURED ENHANCED PROGRAMMING IN TWO CONCURRENT SEGMENTS. THE POST-MEETING EVALUATION SHOWED A HIGH LEVEL OF SATISFACTION AMONG ATTENDEES. ASKED TO PICK THE TOP TWO BENEFITS FROM ATTENDING THE MEETING, 79% POINTED TO NEW CONTACTS MADE, WHILE 76% CITED THE REINFORCEMENT OF CURRENT RELATIONSHIPS.STRATEGIC LEADERSHIP & NETWORKING FORUM, OCTOBER 26-28, 2010, PALM BEACH, FLORIDATOTAL ATTENDEES FOR THIS EVENT WERE 306 AND GARNERED HIGH SATISFACTION SCORES, BOTH IN TERMS OF TOPICS COVERED AND THE QUALITY OF INFORMATION RECEIVED. THE 2010 PROGRAM KEYNOTE SPEAKER WAS MORT KONDRAKE, DELIVERED LIVE AND VIA WEBCAST, AND THE PROGRAM CONSISTED OF THREE 'MEGA' SEGMENTS: ELECTRONIC PAYMENT TRENDS AND DYNAMICS; ENABLING TECHNOLOGIES & PRODUCTS; AND CRITICAL BUSINESS ISSUES. EACH SEGMENT FEATURED TWO OR MORE SEPARATE SESSIONS AND INCLUDED TOPICS ON SALES STRATEGY, READING ECONOMIC INDICATORS, INDUSTRY CEO ROUNDTABLE, DATA ENCRYPTION, MOBILE TECHNOLOGY, INTERCHANGE LEGISLATION/REGULATION, AND PAYMENTS INDUSTRY ECONOMICS. PUBLICATIONS AND COMMUNICATIONSTRANSACTION TRENDS (CIRCULATION 6500) CONTINUED TO BE A KEY OUTREACH TOOL TO MEMBER AND NON-MEMBER AUDIENCES, BASED ON THE POSITIVE APPRAISAL OF THE MAGAZINE BY READERS. ETA CURRENTS (ELECTRONIC CIRCULATION 8000) HELD STEADY READERSHIP AND SATISFACTION RATIOS AMONG MEMBERS. THE WEB SITE TRAFFIC REMAINED CONSISTENT AT AN ANNUAL RATE OF ABOUT SIX MILLION PAGE VIEWS AND AN AVERAGE OF 5,000 TO 7,000 VISITORS PER MONTH, WITH PEAKS ASSOCIATED WITH THE ANNUAL MEETING AND STRATEGIC LEADERSHIP FORUM EVENTS. EXTERNAL RELATIONSETA'S REACH AND PUBLIC PROFILE WAS EXPANDED THROUGH ATTENDANCE AT PAYMENTS-RELATED EVENTS, MEETINGS WITH KEY INDUSTRY EXECUTIVES AND REGULATORS, AND WORKING WITH AFFILIATED TRADE ASSOCIATIONS, CONGRESSIONAL STAFF, GOVERNMENT AGENCIES, AND MEDIA OUTLETS IN WASHINGTON, D.C. AND THROUGHOUT THE NATION. IN ADDITION, CONTINUED INVESTMENT IN BUILDING OUT THE VOICE OF PAYMENTS WEBSITE WAS MADE. THE ETA DAY BRIEFING FOR LEGISLATIVE AND REGULATORY STAFF HELD ON OCTOBER 1 WAS ATTENDED BY MORE THAN 30 INDIVIDUALS PARTICIPATED REPRESENTING A VARIETY OF LEGISLATIVE, REGULATORY AND INDUSTRY ENTITIES. 0 0 0 1 0 0 0 0 0 1 1 0 0 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 0 1 13 0 1 8 1 1 1 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 1 1 0 0 DC X THE ASSOCIATION 2028282635 1101 16TH ST NW SUITE 900 WASHINGTON DC 20036 TODD ABLOWITZ 1.50 X 0 0 0 GREGORY COHEN 1.50 X 0 0 0 KIM FITZSIMMONS 1.50 X 0 0 0 HEIDI GOFF 1.50 X 0 0 0 STUART HARVEY 1.50 X 0 0 0 ROBERT MCCULLEN 1.50 X 0 0 0 BOB PHILBIN 1.50 X 0 0 0 DEBRA ROSSI 1.50 X 0 0 0 J DAVID SIEMBIEDA 1.50 X 0 0 0 TOM A WIMSETT 1.50 X 0 0 0 JAN ESTEP 1.50 X 0 0 0 MATT JOHANSON 1.50 X 0 0 0 GERRIT KERKSTRA 1.50 X 0 0 0 BRYAN O'MALLEY 1.50 X 0 0 0 ROBERT BALDWIN 1.50 X 0 0 0 JOE COHANE 1.50 X 0 0 0 DEAN LEAVITT 1.50 X 0 0 0 ED MYERS 1.50 X 0 0 0 DEANA RICH 1.50 X 0 0 0 JEFF ROSENBLATT 1.50 X 0 0 0 KURT STRAWHECKER 1.50 X 0 0 0 BUZZ STRYKER 1.50 X 0 0 0 HOLLI TARGAN 1.50 X X 0 0 0 RICHARD B PYLANT 1.50 X X 0 0 0 EDDIE MYERS 1.50 X X 0 0 0 ROY BANKS 1.50 X X 0 0 0 NICHOLAS BAXTER 1.50 X X 0 0 0 CARLA BALAKGIE 40.00 X 280014 0 40725 PAMELA FURNEAUX 40.00 X 132563 0 16643 412577 0 57368 2 0 1 0 MANDALAY RESORT GROUP 3950 LAS VEGAS BLVD SOUTH LAS VEGAS NV 89119 CONFERENCE SERVICES 579415 STRATON PUBLISHING & MARKETING INC 5285 SHAWNEE ROAD SUITE 510 ALEXANDRIA VA 223122334 PUBLISHING & MARKETING 479983 HACHERO HILL INC 11260 ROGER BACON DR SUITE 500 RESTON VA 20910 CONFERENCE MANAGEMENT SERVICES 166661 FREEMAN DECORATING 1701 LEBANON PIKE CIRCLE NASHVILLE TN 372103215 CONFERENCE SERVICES 137944 FREEMAN AUDIO VISUAL SOLUTIONS 901 EAST SOUTH STREET ANAHEIM CA 92805 AUDIO/VISUAL SERVICES 133108 5 MEETINGS 900099 3277573 3225975 51598 MEMBERSHIP DUES 900099 589475 589475 PUBLICATIONS 541800 440901 62058 378843 EDUCATION 900099 94259 94259 4402208 17181 17181 4419389 3971767 430441 17181 469945 491321 63968 57254 52198 68783 398027 28756 147884 74045 135048 96507 1193702 83312 19536 PRINTING AND PRODUCTION 347366 BANKING AND CREDIT CARD 110049 COMMISSIONS 99327 POSTAGE & SHIPPING 72386 SUBSCRIPTIONS & PUBLICA 25058 17275 4051747 24359 31414 1874942 50579 59279 69020 164112 136140 436752 349969 154395 86783 2662263 6690 6690 2283777 3042889 112855 114710 1098110 1488660 15667 25160 1226632 1628530 X 1057145 1414359 1057145 1414359 2283777 3042889 X 367642 -10428 X X 0 1 1 X 0 0 1 0 24219 13059 11160 45051 34825 10226 367482 302085 65397 86783 MONEY MARKET FUNDS 1038718 F CERTIFICATES OF DEPOSIT 625301 F MUTUAL FUNDS 998244 F 2662263 DEFERRED LEASE BENEFIT 25160 25160 4419389 4051747 367642 -6778 -3650 -10428 357214 4442611 -6778 30000 23222 4419389 0 4419389 4085397 33650 33650 4051747 0 4051747 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN. THEREFORE, MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN INCOME TAX POSITIONS. AT A MINIMUM, THE 2007 THROUGH 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES. X X X X 0 0 0 CARLA BALAKGIE 279600 0 0 0 414 0 30600 0 10125 0 320739 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ETA HAS TWO CLASSES OF MEMBERS: FINANCIAL INSTITUTIONS, AND SERVICE PROVIDERS. MEMBERSHIP PRIVILEGES ARE GRANTED TO THOSE MEMBERS THAT ARE CURRENT ON ASSOCIATION DUES. MEMBERS HAVE ONE VOTE ON ALL MATTERS COMING BEFORE THE GENERAL MEMBERSHIP AND DESIGNATE AN INDIVIDUAL PERSON FROM THE MEMBER COMPANY TO SERVE AS THEIR DESIGNATED VOTING REPRESENTATIVE. THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS. ELECTIONS ARE CONDUCTED IN COMPLIANCE WITH THE REQUIREMENTS OF DC NOT FOR PROFIT CORPORATE STATUTES AND AS SET FORTH IN THE ORGANIZATIONAL BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A DUES-PAYING MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BYLAWS REQUIRE APPROVAL BY MEMBERSHIP VOTE. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WILL BE PROVIDED TO THE EXECUTIVE COMMITTEE PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 BOARD MEMBERS DISCLOSE CONFLICTS OF INTEREST IN A SIGNED STATEMENT ANNUALLY. ANY CONFLICTS THAT ARISE ARE DISCUSSED WITH THE PRESIDENT AND EXECUTIVE COMMITTEE TO DETERMINE THE COURSE OF ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION OF THE CEO ANNUALLY BY USING COMPARABLE SALARY INFORMATION OBTAINED FROM ASAE AND OTHER MARKET STUDIES. FORM 990, PART VI, SECTION C, LINE 19 FORMS 990 AND 990T ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -6,778. DONATED SERVICES AND USE OF FACILITIES: -3,650. TOTAL TO FORM 990, PART XI, LINE 5: -10,428. DESCRIPTION OF AUDIT REVIEW PROCESS FORM 990, PART XI, LINE 2C THE AUDIT REVIEW PROCESS HAS REMAIN UNCHANGED FROM THE PRIOR YEAR.