IPC INTERNATIONAL INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
IPC INTERNATIONAL INC (EIN 23-7091810)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202413209349318151
Schema version
2023v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T14:24:45-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN381357951PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANTE & MORAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 S RIVERSIDE PLAZA 9TH FLOORAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237091810EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IPC INTERNATIONAL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlIPCIBusinessNameControlTxt
Phone8476157100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 LAKESIDE DRIVE 105NAddressLine1Txt
CityBANNOCKBURNCityNm
State AbbreviationILStateAbbreviationCd
ZIP60015ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN W MITCHELLPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8476157100PhoneNum
Signature2024-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID LOWENTHALPreparerPersonNm
PTINP00378651PTIN
Phone3122071040PhoneNum
Preparation2024-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN W MITCHELLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 LAKESIDE DRIVE 105NAddressLine1Txt
CityBANNOCKBURNCityNm
State AbbreviationILStateAbbreviationCd
ZIP60015ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$44,335,678GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.IPC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1957FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionIPC IS A GLOBAL TRADE ASSOCIATION DEDICATED TO FURTHERING THE COMPETITIVE EXCELLENCE AND FINANCIAL SUCCESS OF ITS MEMBERS, WHO ARE PARTICIPANTS IN THE ELECTRONICS INDUSTRY.ActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee116TotalEmployeeCnt
Total Volunteers2727TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,115,461PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$32,302,498PYProgramServiceRevenueAmt
CY Program Service Revenue$36,867,354CYProgramServiceRevenueAmt
PY Investment Income$320,244PYInvestmentIncomeAmt
CY Investment Income$635,154CYInvestmentIncomeAmt
PY Other Revenue$5,346,901PYOtherRevenueAmt
CY Other Revenue$5,837,774CYOtherRevenueAmt
PY Total Revenue$39,085,104PYTotalRevenueAmt
CY Total Revenue$43,340,282CYTotalRevenueAmt
PY Grants And Similar Paid$250,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$250,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$18,893,509PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$20,448,553CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$16,102,915PYOtherExpensesAmt
CY Other Expenses$19,223,431CYOtherExpensesAmt
PY Total Expenses$35,246,424PYTotalExpensesAmt
CY Total Expenses$39,921,984CYTotalExpensesAmt
PY Revenues Less Expenses$3,838,680PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,418,298CYRevenuesLessExpensesAmt
Total Assets BOY$41,171,672TotalAssetsBOYAmt
Total Assets EOY$45,237,544TotalAssetsEOYAmt
Total Liabilities BOY$16,238,918TotalLiabilitiesBOYAmt
Total Liabilities EOY$16,106,875TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$24,932,754NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$29,130,669NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionIPC IS A GLOBAL TRADE ASSOCIATION DEDICATED TO FURTHERING THE COMPETITIVE EXCELLENCE AND FINANCIAL SUCCESS OF ITS MEMBERS, WHO ARE PARTICIPANTS IN THE ELECTRONICS INDUSTRY. IN PURSUIT OF THESE OBJECTIVES, IPC WILL DEVOTE RESOURCES TO MANAGEMENT IMPROVEMENT AND TECHNOLOGY ENHANCEMENT PROGRAMS, THE CREATION OF RELEVANT STANDARDS, PROTECTION OF THE ENVIRONMENT, AND PERTINENT GOVERNMENT RELATIONS. IPC ENCOURAGES THE ACTIVE PARTICIPATION OF ALL ITS MEMBERS IN THESE ACTIVITIES AND COMMITS TO FULL COOPERATION WITH ALL RELATED ORGANIZATIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescIPC DEVOTES ITS RESOURCES TO MANAGEMENT IMPROVEMENT AND TECHNOLOGY ENHANCEMENT PROGRAMS, THE CREATION OF RELEVANT STANDARDS, THE PROTECTION OF THE ENVIRONMENT, AND PERTINENT GOVERNMENT RELATIONS. APPROXIMATELY 3,190 MEMBER COMPANIES WORLDWIDE PARTICIPATE IN IPC'S PROGRAMS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document58IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee116EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryCHForeignCountryCd
Foreign CountryINForeignCountryCd
Foreign CountryTWForeignCountryCd
Foreign CountryGMForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members20GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint VentureYes (1)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (1)WrittenPolicyOrProcedureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JENNIFER SANDAHLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8475972883PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 LAKESIDE DRIVE SUITE 105NAddressLine1Txt
CityBANNOCKBURNCityNm
State AbbreviationILStateAbbreviationCd
ZIP60015ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN MITCHELL
PRESIDENT/CEO40.000.50Yes (X)Yes (X)$1,654,171$0$95,700
BOB NEVES
CHAIRMAN0.500.00Yes (X)Yes (X)$0$0$0
TOM EDMAN
VICE CHAIRMAN0.500.00Yes (X)Yes (X)$0$0$0
JEFF TIMMS
SECRETARY/TREASURER0.500.00Yes (X)Yes (X)$0$0$0
PAUL BALDASSARI
DIRECTOR0.500.00Yes (X)$0$0$0
HENRY CRANDALL
DIRECTOR - BEG FEB 20230.500.00Yes (X)$0$0$0
JOE DE MAN
DIRECTOR0.500.00Yes (X)$0$0$0
ELKE ECKSTEIN
DIRECTOR0.500.00Yes (X)$0$0$0
ROBERT FEUERSTEIN
DIRECTOR0.500.00Yes (X)$0$0$0
FOO-MING FU
DIRECTOR0.500.00Yes (X)$0$0$0
JAY HILL
DIRECTOR0.500.00Yes (X)$0$0$0
MEREDITH LEBEAU
DIRECTOR0.500.00Yes (X)$0$0$0
GREG MAXWELL
DIRECTOR0.500.00Yes (X)$0$0$0
HANNAH NELSON
DIRECTOR - THRU FEB 20230.500.00Yes (X)$0$0$0
MARC PEO
DIRECTOR0.500.00Yes (X)$0$0$0
STEVE PUDLES
DIRECTOR0.500.00Yes (X)$0$0$0
CARSTEN SALEWSKI
DIRECTOR0.500.00Yes (X)$0$0$0
HIROYUKI WATANABE
DIRECTOR0.500.00Yes (X)$0$0$0
LISA WEEKS
DIRECTOR0.500.00Yes (X)$0$0$0
SHANE WHITESIDE
IMMEDIATE PAST CHAIR0.500.00Yes (X)$0$0$0
CAO XI
DIRECTOR0.500.00Yes (X)$0$0$0
CHRIS MITCHELL
VP GOVERNMENT RELATIONS40.000.00$440,690$0$39,099Yes (X)
SANJAY HUPRIKAR
PRESIDENT EUROPE OPERATION40.000.00$422,185$0$37,736Yes (X)
DAVID BERGMAN
VP STANDARDS AND TECHNOLOGY40.000.00$420,473$0$55,832Yes (X)
TOM SANDMAN
CFO40.000.50$414,764$0$60,588Yes (X)
DAVID HERNANDEZ
VP CERTIFICATION & TRAINING40.000.50$390,254$0$70,658Yes (X)
BRIAN KNIER
CMO40.000.00$379,044$0$65,917Yes (X)
RUSSELL WYNNE
SR DIRECTOR IT40.000.00$215,436$0$58,707Yes (X)
MICHAEL STONE
SR DIRECTOR SALES40.000.00$214,061$0$57,206Yes (X)
STEVE WALKER
DIRECTOR TECH LEAD DRUPAL40.000.00$206,300$0$23,662Yes (X)
ALICIA BALONEK
SR DIRECTOR EVENTS40.000.00$201,079$0$21,195Yes (X)
TERESA ROWE
SR DIRECTOR STANDARDS40.000.00$200,568$0$35,190Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$5,159,025TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$621,490TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K49IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line1ContractorAddress/ForeignAddress/AddressLine1TxtCityContractorAddress/ForeignAddress/CityNmCountryContractorAddress/ForeignAddress/CountryCdForeign PostalContractorAddress/ForeignAddress/ForeignPostalCd
PRESTIGE STAFFING
9040 ROSWELL RD SUITE 300ATLANTAGA30350TEMP SERVICES$592,583
SMART SOURCE TECHNOLOGIES
622 GEORGES RD SUITE 105NORTH BRUNSWICKNJ08902SOFTWARE DEVELOPMENT$442,552
BLAIRWAVES LLC
899 LINGANORE DRMCCLEANVA22102SOFTWARE DEVELOPMENT$402,931
CALUGA MANAGEMENT CONSULTING SPRL T
CONSULTANT$381,665AVENUE LOUISE 65 BOX 11BRUSSELSBEB-1050
JOSEPH O'NEIL
6420 MONTEGO CTSAN JOSECA95120CONSULTANT$282,684
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K27CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CERTIFICATION AND TRAINING900099$15,231,950$15,231,950
CHINA OPERATIONS900099$5,461,862$5,461,862
MEMBERSHIP900099$4,996,504$4,996,504
STANDARDS900099$4,224,638$4,224,638
EVENTS900099$4,049,517$4,049,517

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,902,883TotalRevenueColumnAmt
Related Or Exempt Func Income$2,902,883RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$36,867,354TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$635,154TotalRevenueColumnAmt
Exclusion$635,154ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$6,833,170GrossSalesOfInventoryAmt
Cost Of Goods Sold$995,396CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,837,774TotalRevenueColumnAmt
Related Or Exempt Func Income$5,837,774RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$43,340,282TotalRevenueColumnAmt
Related Or Exempt Func Income$42,705,128RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$635,154ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$250,000TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,547,111TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$12,121,493TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,008,857TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,956,077TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$815,015TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$70,245TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$117,000TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,693,546TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$465,851TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,398TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,324,685TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$671,479TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,005,728TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,468,338TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,875,280TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$86,883TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
FOREIGN CURRENCY TRANSL$1,328,160
FINANCIAL SERVICE FEES$544,189
PRINTING/PRODUCTION$414,902
COMMUNICATIONS$367,896

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,779,851TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$39,921,984TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$23,225BOYAmt
EOY$23,225EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,861,366BOYAmt
EOY$9,867,731EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,362,289BOYAmt
EOY$3,179,337EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$590,338BOYAmt
EOY$513,945EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,607,837BOYAmt
EOY$1,534,423EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$12,849,019LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,737,380LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,689,265BOYAmt
EOY$5,111,639EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$17,781,874BOYAmt
EOY$21,182,881EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$1,791,463BOYAmt
EOY$1,645,794EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,464,015BOYAmt
EOY$2,178,569EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$41,171,672BOYAmt
EOY$45,237,544EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,603,225BOYAmt
EOY$3,467,368EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$9,881,301BOYAmt
EOY$10,148,095EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,754,392BOYAmt
EOY$2,491,412EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$16,238,918BOYAmt
EOY$16,106,875EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$24,932,754BOYAmt
EOY$29,130,669EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,932,754BOYAmt
EOY$29,130,669EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$41,171,672BOYAmt
EOY$45,237,544EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,418,298ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$779,617NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (1)AgreeCarryoverPriorYearInd
Dues Assessments$5,183,588DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$1,122,970NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$1,122,970NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$1,295,897AggregateReportedDuesNtcAmt
Taxable-$172,927TaxableAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$602,383OtherCostOrOtherBasisAmt
Depreciation$450,712DepreciationAmt
Book Value$151,671BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,246,636OtherCostOrOtherBasisAmt
Depreciation$7,286,668DepreciationAmt
Book Value$4,959,968BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,111,639TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITIES - OPERATINGDesc
Amt$2,491,412Amt
FieldValueIRS element (for citing)
Total Liability$2,491,412TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$46,851,008TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$779,617NetUnrealizedGainsInvstAmt
Other Revenue$2,981,109OtherRevenueAmt
Revenue Not Reported$3,760,726RevenueNotReportedAmt
Revenue Subtotal$43,090,282RevenueSubtotalAmt
Other Revenues Not Included$250,000OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$250,000RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$43,340,282TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$44,074,649TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$4,402,665OtherExpensesIncludedAmt
Expenses Not Reported$4,402,665ExpensesNotReportedAmt
Expenses Subtotal$39,671,984ExpensesSubtotalAmt
Other Expenses Not Included$250,000OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$250,000ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$39,921,984TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD ON SALES OF INVENTORY 995,396. INCOME FROM RELATED ORGS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 1,985,713.
PART XI, LINE 4B - OTHER ADJUSTMENTS:GRANT TO RELATED ORG, NET AGAINST REVENUE ON CONSOLIDATED FINANCIAL STMT 250,000.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD ON SALES OF INVENTORY 995,396. EXPENSES FROM RELATED ORGS INCLUDED IN CONSOLIDATED 3,407,269.
PART XII, LINE 4B - OTHER ADJUSTMENTS:GRANT TO RELATED ORG, NET AGAINST REVENUE ON CONSOLIDATED FINANCIAL STMT 250,000.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EAST ASIA AND THE PACIFIC334PROGRAM SERVICESTRAINING/CONSULTING$3,097,912
SOUTH ASIA218PROGRAM SERVICESTRAINING/CONSULTING$962,120
EUROPE (INCLUDING ICELAND & GREENLAND)13PROGRAM SERVICESTRAINING/CONSULTING$879,634
FieldValueIRS element (for citing)
Subtotal Offices6SubtotalOfficesCnt
Subtotal Employees55SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office6TotalOfficeCnt
Total Employee55TotalEmployeeCnt
Subtotal Spent$4,939,666SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$4,939,666TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1IPC EDUCATION FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 LAKESIDE DR 105NAddressLine1Txt
CityBANNOCKBURNCityNm
State AbbreviationILStateAbbreviationCd
ZIP60015ZIPCd
FieldValueIRS element (for citing)
Recipient EIN831444757RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$250,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantFINANCIAL SUPPORTPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationIPC MADE A CONTRIBUTION TO A RELATED CHARITABLE ORGANIZATION FOR THE GENERAL SUPPORT OF THE RELATED ORGANIZATION. IPC PROVIDES OVERSIGHT AND ACCOUNTING SERVICES TO THIS RELATED ORGANIZATION AND MONITORS HOW THESE FUNDS ARE UTILIZED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JOHN MITCHELL
PRESIDENT/CEO$1,063,430$0$568,575$0$22,166$0$36,300$0$59,400$0$1,749,871$0$0$0
CHRIS MITCHELL
VP GOVERNMENT RELATIONS$372,690$0$68,000$0$0$0$36,300$0$2,799$0$479,789$0$0$0
DAVID BERGMAN
VP STANDARDS AND TECHNOLOGY$352,473$0$68,000$0$0$0$30,370$0$25,462$0$476,305$0$0$0
TOM SANDMAN
CFO$346,764$0$68,000$0$0$0$36,244$0$24,344$0$475,352$0$0$0
DAVID HERNANDEZ
VP CERTIFICATION & TRAINING$322,254$0$68,000$0$0$0$36,244$0$34,414$0$460,912$0$0$0
SANJAY HUPRIKAR
PRESIDENT EUROPE OPERATION$354,185$0$68,000$0$0$0$36,244$0$1,492$0$459,921$0$0$0
BRIAN KNIER
CMO$311,044$0$68,000$0$0$0$31,580$0$34,337$0$444,961$0$0$0
RUSSELL WYNNE
SR DIRECTOR IT$198,436$0$17,000$0$0$0$24,233$0$34,474$0$274,143$0$0$0
MICHAEL STONE
SR DIRECTOR SALES$210,061$0$4,000$0$0$0$22,732$0$34,474$0$271,267$0$0$0
TERESA ROWE
SR DIRECTOR STANDARDS$183,568$0$17,000$0$0$0$22,176$0$13,014$0$235,758$0$0$0
STEVE WALKER
DIRECTOR TECH LEAD DRUPAL$200,300$0$6,000$0$0$0$22,660$0$1,002$0$229,962$0$0$0
ALICIA BALONEK
SR DIRECTOR EVENTS$185,079$0$16,000$0$0$0$20,145$0$1,050$0$222,274$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationFIRST CLASS TRAVEL - THE PRESIDENT/CEO IS OFFERED THIS BENEFIT FOR BUSINESS TRAVEL AND IT IS NOT TREATED AS TAXABLE COMPENSATION. TRAVEL FOR COMPANIONS - THE PRESIDENT/CEO IS OFFERED THIS BENEFIT FOR BUSINESS TRAVEL TO BOARD MEETINGS. THIS BENEFIT IS TREATED AS TAXABLE COMPENSATION. THE PRESIDENT/CEO DID NOT TAKE THIS BENEFIT IN 2023. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS - THE PRESIDENT/CEO RECEIVED A GROSS-UP PAYMENT FOR AUTO DURING THE YEAR. THIS BENEFIT IS TREATED AS TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES - THE PRESIDENT/CEO RECEIVED THIS BENEFIT FOR BUSINESS AND NETWORKING PURPOSES AND IT IS NOT TREATED AS TAXABLE COMPENSATION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CIPC IS RESPONSIBLE FOR CATALOGING ALL CONFLICTS OF INTEREST. THE CONFLICT OF INTEREST QUESTIONAIRE AND POLICY IS DISTRIBUTED ANNUALLY. DIRECTORS ARE REQUESTED TO REPORT ANY CONFLICTS ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION B, LINE 15AN INDEPENDENT COMPENSATION COMMITTEE DETERMINES THE CEO'S SALARY BASED ON COMPARABILITY DATA. THE COMMITTEE CONTEMPORANEOUSLY SUBSTANTIATES ITS DELIBERATION AND DECISION.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION.
FORM 990, PART IX, LINE 11GCONSULTING 5,693,546.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
IPC EDUCATION FOUNDATION
3000 LAKESIDE DRBANNOCKBURNIL60015831444757SUPPORT IMPROVEMENT IN ELECTRONICS FIELD, DISTRIBUTE GRANTS, PROMOTE EDUIL501(C)(3)LINE 7IPC INCYes (1)
US PARTNERSHIP FOR ASSURED ELECTRONICS
1331 PENNSYLVANIA AVE NW STE 265SWASHINGTONDC20004844855738SUPPORT RESEARCH AND DEVELOPMENT FOR LEAD-FREE ELECTRONIC MANUFACTURINGDC501(C)(6)LINE 7IPC INCYes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINLegal Domicile StateLegalDomicileStateCd
IPC GLOBAL TECHNOLOGY-QINGDAO
5F B3-1 BLOCK B QINGDAO INTL INNOQINGDAOCH266101TRAININGCHIPC INTERNATIONAL INCC$1,178,613$369,3511.00000Yes (1)
IPC TECHNOLOGY CONSULTING -INDIA
NO 238-34 1ST FLOOR 32ND CROSSBANGALOREIN560070MANAGEMENT CONSULTING AND TRADE SHOWSINIPC INTERNATIONAL INCC$1,103,050$1,138,2541.00000Yes (1)
IPC GLOBAL TECHNOLOGY MGMT-SHANGHAI
ROOM 510 MODERN LOGISTICS BLDG 4SHANGHAICH200233MANAGEMENT CONSULTING AND TRADE SHOWSCHIPC INTERNATIONAL INCC$4,100,895$2,438,3931.00000Yes (1)
IPC TECHNOLOGY CONSULTING-TAIWAN
REGUS TAIPEI MANHATTAN SHIN KONG MTAIPEITW11049MANAGEMENT CONSULTING SERVICESTWIPC INTERNATIONAL INCC$722,933$146,9921.00000Yes (1)
IPC PUBLISHING GROUP
BUSINESS-TO-BUSINESS MEDIAIPC INTERNATIONAL INCC$1,141,148$1,623,9831.00000Yes (1)3000 LAKESIDE DRBANNOCKBURNIL60015883672247IL
IPC ELECTRONICS EUROPE GMBH
SQUARE DE MEEUS 37 4TH FLOORBRUSSELSBESUPPORT SERVICES FOR STANDARDS DEVELOPMENT AND ADVOCACY EFFORTSBEIPC INTERNATIONAL INCC$882,204$489,8741.00000Yes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related OrganizationYes (1)DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
IPC TECHNOLOGY CONSULTING-TAIWAN
F$236,261COST
IPC EDUCATION FOUNDATION
B$250,000COST

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.