2024-01-16T07:05:48-06:00 2023-06-30 450250958 Eide Bailly LLP 666 Walnut St Ste 1900 Des Moines IA 503093912 990 2022-07-01 420332900 Iowa Association of Business & Industry IOWA 5152808000 400 East Court Avenue 100 Des Moines IA 503092017 Michael Ralston President 5152808000 2023-12-20 1 Michael Ralston 999009999 1 Becky J Thomas CPA P01234865 5152440266 2023-12-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Michael Ralston 400 East Court Avenue 100 Des Moines IA 503092017 2415368 0 X WWW.IOWAABI.ORG X 1984 IA To foster a favorable business, economic, governmental, and social climate within the State of Iowa so that our citizens have the opportunity to enjoy the highest possible quality of life. 59 59 12 80 0 0 1285239 1278645 970985 1068937 1067 10241 100527 57545 2357818 2415368 0 0 0 0 1305368 1419174 0 0 0 905616 1008363 2210984 2427537 146834 -12169 1426111 2221419 829425 1635099 596686 586320 To foster a favorable business, economic, governmental, and social climate within the State of Iowa so that our citizens have the opportunity to enjoy the highest possible quality of life. 0 0 Iowa Association of Business & Industry (ABI) develops programming with the input of members to provide solutions to common questions in Iowa's business communities and to identify best practices in effectively addressing them. ABI has a team of industry experts dedicated to solving ABI members' issues. 0 1 1 1 0 0 0 0 0 1 0 0 1 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 1 21 0 1 12 1 0 0 0 0 1 1 0 0 0 X 59 59 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Michael Ralston 5152808000 400 East Court Avenue No 100 Des Moines IA 50309 Kim Augspurger Chair 1.00 X X 0 0 0 Rich Phelan Vice Chair 1.00 X X 0 0 0 Chad Reece Treasurer 1.00 X X 0 0 0 Jack Hasken Past Chair 1.00 X X 0 0 0 Kellan Longenecker Secretary 1.00 X X 0 0 0 Tim Bianco Assistant Chair 1.00 X X 0 0 0 Tim Conlon Assistant Chair 1.00 X X 0 0 0 Kirk McCollough Assistant Chair 1.00 X X 0 0 0 Stacey Pellett Assistant Chair 1.00 X X 0 0 0 John Riches Assistant Chair 1.00 X X 0 0 0 Matthew Ahmann Director 1.00 X 0 0 0 Steve Anderson Director 1.00 X 0 0 0 Kelly Barrick Director 1.00 X 0 0 0 Lesley Bartholomew Director 1.00 X 0 0 0 Matt Bemrich Director 1.00 X 0 0 0 Heather Bruce Director 1.00 X 0 0 0 Garrett Burchett Director 1.00 X 0 0 0 Josh Byers Director 1.00 X 0 0 0 Jack Carra Director 1.00 X 0 0 0 Casey Cason Director 1.00 X 0 0 0 Tim Coonan Director 1.00 X 0 0 0 Connor Deering Director 1.00 X 0 0 0 Rich Dwyer Director 1.00 X 0 0 0 Mike Espeset Director 1.00 X 0 0 0 Michele Farrell 070122-043023 Director 1.00 X 0 0 0 Robert Feeney Director 1.00 X 0 0 0 Ken Feldmann Director 1.00 X 0 0 0 Nick Glew Director 1.00 X 0 0 0 Roger Hargens Director 1.00 X 0 0 0 Liz Hobart Director 1.00 X 0 0 0 Steve Jacobs Director 1.00 X 0 0 0 Phil Jones Director 1.00 X 0 0 0 Jerry Krantz Director 1.00 X 0 0 0 John Krogman Director 1.00 X 0 0 0 Kathryn Kunert Director 1.00 X 0 0 0 Mary Landhuis Director 1.00 X 0 0 0 Kevin Lentz Director 1.00 X 0 0 0 Eric Lohmeier 070122-102122 Director 1.00 X 0 0 0 Todd McDonald Director 1.00 X 0 0 0 Jack McFarland Director 1.00 X 0 0 0 Bill McKim Director 1.00 X 0 0 0 Eric Moerman Director 1.00 X 0 0 0 Randy Moore Director 1.00 X 0 0 0 Hank Norem Director 1.00 X 0 0 0 Todd Robinson Director 1.00 X 0 0 0 Chris Sackett Director 1.00 X 0 0 0 Claudia Schabel Director 1.00 X 0 0 0 Todd Sommerfeld Director 1.00 X 0 0 0 Gretchen Spear Director 1.00 X 0 0 0 Jennifer Steffensmeier Director 1.00 X 0 0 0 Bruce Tamisiea Director 1.00 X 0 0 0 Taylor Teepell Director 1.00 X 0 0 0 Rick Tollakson Director 1.00 X 0 0 0 Dennis Van Zanten Director 1.00 X 0 0 0 Julie Vande Hoef Director 1.00 X 0 0 0 Mindi VandenBosch Director 1.00 X 0 0 0 Drew Vogel Director 1.00 X 0 0 0 Peter Voorhees Director 1.00 X 0 0 0 Nate Weaton Director 1.00 X 0 0 0 Josh Wilford Director 1.00 X 0 0 0 Tom Yeoman Director 1.00 X 0 0 0 Michael Ralston President 40.00 X 294562 0 25099 Nicole Crain Executive Vice President 40.00 X 172600 0 15346 Andrew Davis Vice President Public Policy 40.00 X 155510 0 10314 622672 0 50759 3 0 1 0 0 1053645 225000 1278645 Convention Income 611430 533636 533636 Management Services 541610 287131 287131 Seminars 611430 248170 248170 1068937 10241 10241 51763 51763 Miscellaneous Income 900099 5782 5782 5782 2415368 1068937 0 67786 514358 729387 21561 72162 81706 22453 171445 60458 187998 17719 435472 9084 24925 Bad Debt Expense 29562 Program and Member Rela 29443 Dues 19804 2427537 365115 139525 728812 1089449 196185 168971 51361 60776 379145 354944 26351 24201 44090 45066 14197 693431 1426111 2221419 242764 269325 585926 704927 735 660847 829425 1635099 X 455321 444956 141365 141364 596686 586320 1426111 2221419 -12169 1803 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 Iowa Industry Political Action Committee 400 East Court Ave Suite 100 Des Moines IA 50309 421183313 65875 0 0 1 1053645 92726 92726 263411 -170685 17336 10808 6528 361809 344136 17673 24201 DUE FROM AFFILIATE 29545 Right of Use Asset 663886 693431 Capital Lease Payable 660847 660847 X 2417171 1803 1803 2415368 0 2415368 2427537 0 2427537 0 2427537 Part X, Line 2: Management believes that the Association has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Association would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. X 1 0 X X X 0 0 0 Michael Ralston President 229562 0 65000 0 0 0 14856 0 11484 0 320902 0 0 0 Nicole Crain Executive Vice President 142600 0 30000 0 0 0 7826 0 8540 0 188966 0 0 0 Andrew Davis Vice President Public Policy 140510 0 15000 0 0 0 0 0 11321 0 166831 0 0 0 Part I, Line 1a ABI REIMBURSES ANY EMPLOYEE WHO PAY A HEALTH CLUB MEMBERSHIP UP TO $20/MONTH. ANDREW DAVIS WAS THE ONLY PERSON LISTED ON 990, PART VII, SECTION A WHO RECEIVED THE HEALTH CLUB REIMBURSEMENT IN FYE 2023 IN THE AMOUNT OF $240 Form 990, Part VI, Section A, line 1a The Executive Committee consists of the Chairperson, Vice Chairperson, Secretary, Treasurer and the five Assistant Chairpersons and the immediate Past Chairperson. During the intervals between the meetings of the Board of Directors and subject to such limitations as may be prescribed by the Board of Directors, the Executive Committee shall have and exercise all the powers of the Board of Directors providing that the Executive Committee shall not have the power to amend these Bylaws. Form 990, Part VI, Section A, line 6 ABI has two classes of membership - General (voting) members and Associate (non-voting) members. Each General member is entitled to one vote at all meetings of the members. Currently there are not any Associate (non-voting) members. Form 990, Part VI, Section A, line 7a Each General member has the right to cast a single vote, in person, for each vacancy on the board of directors. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent accounting firm and then provided to the audit committee to review and approve. Prior to filing, all board members are provided a copy of the approved return. Form 990, Part VI, Section B, line 12c There is an annual completion of a written conflict of interest disclosure report as well as periodic reviews for potential conflicts conducted by board and staff. The conflict of interest policy applies to both board members and employees. Employees are to report conflicts of interest to a member of management or the human resources representative immediately upon discovery or suspicion of a conflict. Board members report to other board members who are not in conflict. Each situation will be reviewed on its merits and then a course of action will be determined. Form 990, Part VI, Section B, line 15 Review of the President's compensation is conducted by the ABI Executive Committee. The ABI President reviews all other key employees' compensation. Market factors, performance of the employee and the organization are all considered. Compensation was last reviewed June 2020. Form 990, Part VI, Section C, line 19 ABI makes the form 990, its governing documents, conflict of interest policy and financial statements available to the public upon request.