2022-12-23T10:58:25-06:00 2022-06-30 450250958 Eide Bailly LLP 666 Walnut St Ste 1900 Des Moines IA 503093912 990 2021-07-01 420332900 Iowa Association of Business & Industry IOWA 5152808000 400 East Court Avenue 100 Des Moines IA 503092017 Michael Ralston President 5152808000 2022-12-21 1 Michael Ralston 999009999 Becky J Thomas CPA P01234865 5152440266 2022-12-16 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Michael Ralston 400 East Court Avenue 100 Des Moines IA 503092017 2357818 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. 61 61 11 80 0 0 1226230 1285239 962654 970985 74 1067 49447 100527 2238405 2357818 0 0 0 0 1250552 1305368 0 0 0 750184 905616 2000736 2210984 237669 146834 1298020 1426111 841781 829425 456239 596686 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 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 1 13 0 1 11 1 0 0 0 0 1 1 0 0 0 X 61 61 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 Jack Hasken Chair 1.00 X X 0 0 0 Kim Augspurger Vice Chair 1.00 X X 0 0 0 Rich Phelan Treasurer 1.00 X X 0 0 0 Steven Bradford Past Chair 1.00 X X 0 0 0 Casey Cason Assistant Chair 1.00 X X 0 0 0 Tim Conlon Assistant Chair 1.00 X X 0 0 0 Kellan Longenecker Assistant Chair 1.00 X X 0 0 0 John Riches Assistant Chair 1.00 X X 0 0 0 Molly Varangkounh Assistant Chair 1.00 X X 0 0 0 Peter Voorhees Assistant Chair 1.00 X X 0 0 0 Matthew Ahmann Director 1.00 X 0 0 0 Kelly Barrick Director 1.00 X 0 0 0 Matt Bemrich Director 1.00 X 0 0 0 Tim Bianco Director 1.00 X 0 0 0 Tom Bosch 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 Erin Cole 0721-0122 Director 1.00 X 0 0 0 Tim Coonan Director 1.00 X 0 0 0 Larry Countryman 0721-0821 Director 1.00 X 0 0 0 Dick Davidson 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 Director 1.00 X 0 0 0 Robert Feeney Director 1.00 X 0 0 0 Rand Fisher Director 1.00 X 0 0 0 Roger Hargens 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 Andy Kretz 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 Director 1.00 X 0 0 0 Mike Lovell Director 1.00 X 0 0 0 Kirk McCollough 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 Stacey Pellett Director 1.00 X 0 0 0 Chad Reece 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 Jodi Stahl 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 Josh Wilford Director 1.00 X 0 0 0 Tom Yeoman Director 1.00 X 0 0 0 Michael Ralston President 40.00 X 289634 0 24784 Nicole Crain Executive Vice President 40.00 X 163561 0 13486 Andrew Davis Vice President Public Policy 40.00 X 140159 0 10238 593354 0 48508 3 0 1 0 0 1086489 198750 1285239 Convention Income 611430 556131 556131 Management Services 541610 237877 237877 Seminars 611430 171977 171977 Public Policy 541900 5000 5000 970985 1067 1067 40527 40527 Employer Retention Cre 900099 60000 60000 60000 2357818 970985 0 101594 496466 657139 24840 51632 75291 1922 23018 153207 67443 164069 9402 347595 116 11204 13288 Bad Debt Expense 61955 Program and Member Rela 35303 Dues 17094 2210984 212519 365115 878582 728812 81898 196185 66830 51361 372211 345860 27385 26351 44090 30806 14197 1298020 1426111 212720 242764 624910 585926 4151 735 841781 829425 X 314889 455321 141350 141365 456239 596686 1298020 1426111 146834 -6387 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 24030 0 0 1 1086489 91346 91346 271622 -180276 15557 9766 5791 356654 336094 20560 26351 Capital Lease Payable 735 735 X 2351431 -6387 -6387 2357818 0 2357818 2210984 0 2210984 0 2210984 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 224634 0 65000 0 0 0 14612 0 11418 0 315664 0 0 0 Nicole Crain Executive Vice President 143061 0 20500 0 0 0 8178 0 6313 0 178052 0 0 0 Andrew Davis Vice President Public Policy 137659 0 2500 0 0 0 0 0 10953 0 151112 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 2022 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.