2024-11-14T10:39:22-06:00 2023-12-31 873707167 CBIZ MARKS PANETH LLC 4 MANHATTANVILLE ROAD SUITE 402 PURCHASE NY 10577 990 2023-01-01 237296309 INSTITUTE OF INTERNATIONAL BANKERS INST 2124211611 PO BOX 5455 NEW YORK NY 10185 BETH ZORC CHIEF EXECUTIVE OFFICER 2124211611 2024-11-13 1 1 MAGDALENA CZERNIAWSKI P00535099 9145249000 2024-11-13 2023 2024-10-15 13:58:12Z BETH ZORC PO BOX 5455 NEW YORK NY 10185 13268749 0 X WWW.IIB.ORG X 1966 NY THE IIB REPRESENTS THE INTERESTS OF THE INTERNATIONAL BANKING COMMUNITY BEFORE U.S. LEGISLATIVE/REGULATORY BODIES LIAISES WITH INTERNATIONAL REGULATORY BODIES SERVES AS A SOURCE OF INFORMATION TO THE MEDIA AND OTHER INTERESTED PARTIES PROVIDES A FORUM FOR DISCUSSION OF ISSUES COMMON TO INTERNATIONAL BANKERS. 28 28 12 29 0 0 0 0 5687125 6504989 14587 146256 15759 14028 5717471 6665273 0 0 0 0 3372359 3302730 0 0 0 2846851 3397977 6219210 6700707 -501739 -35434 7805091 10586211 5016922 7669994 2788169 2916217 X THE IIB REPRESENTS THE INTERESTS OF THE INTERNATIONAL BANKING COMMUNITY BEFORE U.S. LEGISLATIVE/REGULATORY BODIES LIAISES WITH INTERNATIONAL REGULATORY BODIES SERVES AS A SOURCE OF INFORMATION TO THE MEDIA AND OTHER INTERESTED PARTIES PROVIDES A FORUM FOR DISCUSSION OF ISSUES COMMON TO INTERNATIONAL BANKERS. 0 0 ANNUAL WASHINGTON CONFERENCE: THE IIB'S ANNUAL WASHINGTON CONFERENCE BRINGS TOGETHER SENIOR EXECUTIVES OF INTERNATIONALLY HEADQUARTERED FINANCIAL INSTITUTIONS, WASHINGTON POLICYMAKERS, AND EXPERTS FROM LEADING PROFESSIONAL SERVICES FIRMS TO ADDRESS KEY POLICY AND BUSINESS ISSUES FACING INTERNATIONALLY HEADQUARTERED FINANCIAL INSTITUTIONS. REGULATORY COMPLIANCE CONFERENCE: THE REGULATORY COMPLIANCE CONFERENCE FEATURES SENIOR PRUDENTIAL AND MARKET REGULATORS WHO WILL SHARE THEIR INSIGHTS ON REGULATORY AGENDAS, SUPERVISORY EXPECTATIONS, AND ENFORCEMENT TRENDS. ATTENDEES WILL ALSO HEAR FROM PRIVATE-SECTOR EXPERTS WHO WILL DISCUSS THE LATEST DEVELOPMENTS AND EMERGING ISSUES IN COMPLIANCE FOR INTERNATIONALLY HEADQUARTERED FINANCIAL INSTITUTIONS, AS WELL AS OBSERVATIONS ON BEST PRACTICES FOR EFFECTIVE COMPLIANCE FRAMEWORKS. ANTI-MONEY LAUNDERING CONFERENCE: THE IIB'S ANNUAL ANTI-MONEY LAUNDERING CONFERENCE PROVIDES A FORUM FOR INTERNATIONAL BANKERS AND THEIR LEGAL AND COMPLIANCE ADVISORS TO HEAR FROM INDUSTRY LEADERS, FEDERAL AND STATE REGULATORS, AND PRIVATE-SECTOR EXPERTS ON THE HOTTEST TOPICS IN THE AML SPACE AND THE LATEST BSA/OFAC DEVELOPMENTS. 0 0 0 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 17 0 1 12 1 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X BETH ZORC - CHIEF EXECUTIVE OFFICER 2124211611 PO BOX 5455 NEW YORK NY 10185 ANGIE KARNA CHAIR FINANCE & AUDIT (OUTGOING) 1.00 X X 0 0 0 ATSUSHI SHIBUKAWA TRUSTEE (OUTGOING) 1.00 X 0 0 0 BILL WOODLEY TRUSTEE 1.00 X 0 0 0 BRAD ROTHBAUM TRUSTEE (OUTGOING) 1.00 X 0 0 0 CARL F AMENDOLA TRUSTEE 1.00 X 0 0 0 CHRISTIANA RILEY TRUSTEE (OUTGOING) 1.00 X 0 0 0 GERRY KEEFE TRUSTEE 1.00 X 0 0 0 GIACOMO FORNARI TRUSTEE 1.00 X 0 0 0 GLENN GIBSON TRUSTEE 1.00 X 0 0 0 HENRIK M STEFFENSEN TRUSTEE 1.00 X 0 0 0 ISSA N BACONI TRUSTEE 1.00 X 0 0 0 JAVIER RODRIGUEZ TRUSTEE 1.00 X 0 0 0 JC ALVAREZ DE SOTO TRUSTEE (OUTGOING) 1.00 X 0 0 0 JEROME LE JAMTEL TRUSTEE (OUTGOING) 1.00 X 0 0 0 JOERG RIEGEL VICE CHAIR/REG POLICY (OUTGOING) 1.00 X X 0 0 0 JOHN GEREMIA SECRETARY 1.00 X X 0 0 0 JOHN PENN TRUSTEE 1.00 X 0 0 0 JOSEPH LOFFREDO TREASURER 1.00 X X 0 0 0 JUAN ALVAREZ TRUSTEE 1.00 X 0 0 0 MARIO FUJII TRUSTEE 1.00 X 0 0 0 MARK CAHANEY TRUSTEE 1.00 X 0 0 0 MICHAEL FORLENZA TRUSTEE 1.00 X 0 0 0 NOMITA SINGH TRUSTEE (OUTGOING) 1.00 X 0 0 0 PAUL MILLELIRI TRUSTEE 1.00 X 0 0 0 PER DYRVIK TRUSTEE 1.00 X 0 0 0 PIERRE OSTERRATH TRUSTEE 1.00 X 0 0 0 RAFAEL ROLDOS-LEINDEKAR TRUSTEE (OUTGOING) 1.00 X 0 0 0 RICHARD FERGUSON TRUSTEE 1.00 X 0 0 0 RICHARD HAWORTH BOARD CHAIR 1.00 X X 0 0 0 RICHARD SKOLLER TRUSTEE 1.00 X 0 0 0 ROGER BLISSETT TRUSTEE 1.00 X 0 0 0 SANDRA PETERSON TRUSTEE 1.00 X 0 0 0 SHAUN TAYLOR TRUSTEE 1.00 X 0 0 0 SOLA YOMI-AJAYI TRUSTEE 1.00 X 0 0 0 TOMOHIRO YAMAZAKI TRUSTEE 1.00 X 0 0 0 TONY DUNNE TRUSTEE 1.00 X 0 0 0 VIRENDRA BANSAL TRUSTEE 1.00 X 0 0 0 BETHANY A ZORC CHIEF EXECUTIVE OFFICER 40.00 X 625755 0 19350 BRIGET POLICHENE CHIEF EXECUTIVE OFFICER (OUTGOING) 40.00 X 473018 0 11513 JAMES STRYPE DIR. IT & INFRASTRUCTURE 40.00 X 169397 0 14075 MICHELLE A MEERTENS DEPUTY GENERAL COUNSEL 40.00 X 230565 0 16329 STEPHANIE WEBSTER GENERAL COUNSEL 40.00 X 526070 0 19350 GARRETT D HAWKINS DIRECTOR OF COMMUNICATIONS 40.00 X 148124 0 8550 JUSTIN M UNDERWOOD DIRECTOR OF GOVERNMENT RELATIONS (OUTGOING) 40.00 X 205194 0 10718 MAURA CHRIST MEMBERSHIP DEVELOP MANAGER 40.00 X 155331 0 8550 2533454 0 108435 8 0 1 0 CLEARY GOTTLIEB STEEN HAMILTON LLP ONE LIBERTY PLAZA NEW YORK NY 10006 LEGAL SERVICES 1132864 DEBEVOISE & PLIMPTON LLP 66 HUDSON BOULEVARD EAST NEW YORK NY 10001 LEGAL SERVICES 234463 RICH FEUER ANDERSON LLC 1133 CONNECTICUT AVE NW SUITE 620 WASHINGTON DC 20036 LEGAL SERVICES 192675 ERNST YOUNG LLP P O BOX 640382 PITTSBURGH PA 152640382 ADVISORY SERVICES 160000 4 MEMBERSHIP DUES 611430 5404300 5404300 CONFERENCE 611430 536105 536105 SEMINARS AND WORKSHOPS 611430 233889 233889 MEMBERSHIP LUNCHEON SEMINAR 611430 132640 132640 COMPLIANCE SEMINAR 611430 104430 104430 93625 93625 6504989 119741 119741 6629991 6603476 26515 26515 26515 OTHER REVENUE 900099 14028 14028 14028 6665273 6519017 0 146256 2105422 763023 72919 222160 139206 1322862 394314 352151 82970 50576 534648 121479 383020 37172 11652 BAD DEBT 59400 MAINTENANCE 34250 DUES AND SUBSCRIPTIONS 13483 6700707 374700 245453 3152208 3321219 78689 57335 10000 145544 407608 225168 219612 182440 948249 3159998 3021633 3474222 7805091 10586211 829020 655078 1176864 3541995 3011038 3472921 5016922 7669994 X 2788169 2916217 2788169 2916217 7805091 10586211 -35434 79300 84182 0 X X 0 1 X 1 0 0 0 1 5404300 394314 136951 531265 772815 -241550 164664 73036 91628 242944 152132 90812 182440 SECURITY DEPOSIT 6592 OPERATING LEASE RIGHT OF USE ASSET 3467630 3474222 OPERATING LEASE 3472921 3472921 X 6744573 79300 79300 6665273 0 6665273 6700707 0 6700707 0 6700707 PART X, LINE 2: IIB HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740 ("INCOME TAXES"), WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. IIB IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2020. X X X X 0 0 0 BETHANY A ZORC CHIEF EXECUTIVE OFFICER 625215 0 0 0 540 0 10800 0 8550 0 645105 0 0 0 STEPHANIE WEBSTER GENERAL COUNSEL 473828 0 51000 0 1242 0 10800 0 8550 0 545420 0 0 0 BRIGET POLICHENE CHIEF EXECUTIVE OFFICER (OUTGOING) 112127 0 360000 0 891 0 10800 0 713 0 484531 0 0 0 MICHELLE A MEERTENS DEPUTY GENERAL COUNSEL 195823 0 33500 0 1242 0 7779 0 8550 0 246894 0 0 0 JUSTIN M UNDERWOOD DIRECTOR OF GOVERNMENT RELATIONS (OU 204969 0 0 0 225 0 6493 0 4225 0 215912 0 0 0 JAMES STRYPE DIR. IT & INFRASTRUCTURE 154587 0 14000 0 810 0 5525 0 8550 0 183472 0 0 0 MAURA CHRIST MEMBERSHIP DEVELOP MANAGER 143557 0 11000 0 774 0 0 0 8550 0 163881 0 0 0 GARRETT D HAWKINS DIRECTOR OF COMMUNICATIONS 147719 0 0 0 405 0 0 0 8550 0 156674 0 0 0 PART I, LINE 7 BONUSES IN THE ORGANIZATION ARE APPROVED BY THE TREASURER AND THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. THE MEMBER ARE BANKING/FINANCIAL ORGANIZATIONS HEADQUARTERED OUTSIDE THE UNITED STATES THAT OPERATE IN THE UNITED STATES THROUGH BRANCHES, AGENCIES, REPRESENTATIVE OFFICES, BANKING SUBSIDIARIES, SECURITIES FIRMS, INSURANCE COMPANIES AND/OR OTHER TYPES OF FINANCIAL INSTITUTIONS AND ALSO INCLUDES U.S. BANKS/FINANCIAL ORGANIZATIONS THE MAJORITY OF WHOSE OWNERSHIP IS OUTSIDE THE UNITED STATES. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER ORGANIZATION DESIGNATES A SINGLE VOTING REPRESENTATIVE TO ACT FOR SUCH MEMBER AT MEETINGS OF, AND IN RESPECT OF ANY PROCEEDINGS OR THE INSTITUTE OF INTERNATIONAL BANKERS ("INSTITUTE") ORGANIZATION. EACH MEMBER ORGANIZATION NEEDS TO NOTIFY THE INSTITUTE IN WRITING WHO SUCH REPRESENTATIVE IS. AT THE ANNUAL MEETING OF THE MEMBER ORGANIZATION THE REPRESENTATIVES ELECT THE BOARD OF TRUSTEES. EACH TRUSTEE SHALL BE EMPLOYED THROUGHOUT THEIR TERM BY A MEMBER ORGANIZATION SO THAT THE TRUSTEE'S TERM SHALL TERMINATE AUTOMATICALLY UPON THE TERMINATION OF SUCH EMPLOYMENT. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF THE INSTITUTE CAN AMEND THE BY-LAWS. THE BY-LAWS MAY ALSO BE AMENDED BY THE BOARD OF TRUSTEES IN ACCORDANCE WITH NEW YORK NOT-FOR-PROFIT CORPORATION LAW. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE MANAGEMENT, THE TREASURER AND THE EXTERNAL AUDITOR. A COPY OF THE FILING IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION DOES HAVE A CONFLICT OF INTEREST POLICY. ON ANNUAL BASIS THE ORGANIZATION REQUIRES BOARD OF TRUSTEES, OFFICERS AND KEY EMPLOYEE TO CONFIRM THEY ARE IN COMPLIANCE WITH THE POLICY INCLUDING DISCLOSE OF ANY CONFLICTS THAT COULD ARISE. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY AND PROCEEDINGS ARE CONTEMPORANEOUSLY DOCUMENTED. SALARIES FOR KEY EMPLOYEES ARE SET BY THE CEO AND REVIEWED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE ORGANIZATION'S OFFICES UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.