IPC INTERNATIONAL INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
IPC INTERNATIONAL INC (EIN 23-7091810)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-14
IRS object ID
202223189349307982
Schema version
2021v4.2
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)
Return2022-11-14T12:14:17-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 Begin2021-01-01TaxPeriodBeginDt

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
Signature2022-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOHNPersonFirstNm
Person LastMITCHELLPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLU ANN TRAPPPreparerPersonNm
PTINP01506476PTIN
Phone3122071040PhoneNum
Preparation2022-11-12PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

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$31,544,000GrossReceiptsAmt
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 Employee94TotalEmployeeCnt
Total Volunteers4135TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$26,306,360PYProgramServiceRevenueAmt
CY Program Service Revenue$25,163,906CYProgramServiceRevenueAmt
PY Investment Income$256,443PYInvestmentIncomeAmt
CY Investment Income$264,303CYInvestmentIncomeAmt
PY Other Revenue$3,557,639PYOtherRevenueAmt
CY Other Revenue$5,348,299CYOtherRevenueAmt
PY Total Revenue$30,120,442PYTotalRevenueAmt
CY Total Revenue$30,776,508CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
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$15,806,273PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$16,543,933CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$12,745,907PYOtherExpensesAmt
CY Other Expenses$12,661,352CYOtherExpensesAmt
PY Total Expenses$28,552,180PYTotalExpensesAmt
CY Total Expenses$29,455,285CYTotalExpensesAmt
PY Revenues Less Expenses$1,568,262PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,321,223CYRevenuesLessExpensesAmt
Total Assets BOY$31,511,425TotalAssetsBOYAmt
Total Assets EOY$35,069,140TotalAssetsEOYAmt
Total Liabilities BOY$10,512,196TotalLiabilitiesBOYAmt
Total Liabilities EOY$12,197,607TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$20,999,229NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$22,871,533NetAssetsOrFundBalancesEOYAmt
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 3,143 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 FootnoteYes (1)IncludeFIN48FootnoteInd
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 Document33IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee94EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryCHForeignCountryCd
Foreign CountryINForeignCountryCd
Foreign CountryTWForeignCountryCd
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 (31 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)$1,355,262$0$85,752
SHANE WHITESIDE
CHAIR0.500.00Yes (X)Yes (X)$0$0$0
BOB NEVES
VICE CHAIR0.500.00Yes (X)Yes (X)$0$0$0
TOM EDMAN
TREASURER/SECRETARY0.500.00Yes (X)Yes (X)$0$0$0
MIKEL WILLIAMS
IMMEDIATE PAST CHAIR0.500.00Yes (X)Yes (X)$0$0$0
RICK BROMM
DIRECTOR0.500.00Yes (X)$0$0$0
XI CAO
DIRECTOR0.500.00Yes (X)$0$0$0
PETER CLEVELAND
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
PAIGE FIET
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
JOE O'NEILL
DIRECTOR0.500.00Yes (X)$0$0$0
NILESH NAIK
DIRECTOR0.500.00Yes (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
JEFF TIMMS
DIRECTOR0.500.00Yes (X)$0$0$0
HIROYUKI WATNABE
DIRECTOR0.500.00Yes (X)$0$0$0
CHRIS MITCHELL
VP GOVERNMENT RELATIONS40.000.00$317,871$0$61,460Yes (X)
TOM SANDMAN
CFO40.000.50$322,617$0$53,787Yes (X)
DAVID BERGMAN
VP STANDARDS40.000.00$324,739$0$49,308Yes (X)
SANJAY HUPRIKAR
VP SOLUTIONS40.000.00$329,063$0$33,351Yes (X)
BRIAN KNIER
CMO40.000.00$286,808$0$60,977Yes (X)
DAVID HERNANDEZ
VP CERTIFICATION & TRAINING40.000.00$278,606$0$59,852Yes (X)
MICHAEL STONE
SR DIRECTOR SALES40.000.00$195,186$0$50,656Yes (X)
RUSSELL WYNNE
SR DIRECTOR IT40.000.00$188,798$0$50,163Yes (X)
KEN SCHRAMKO
SR DIRECTOR GOVENMENT RELATIONS40.000.00$176,400$0$47,265Yes (X)
TERESA ROWE
SR DIRECTOR STANDARDS40.000.00$176,289$0$31,062Yes (X)
ALICIA BALONEK
SR DIRECTOR TRADE SHOWS & EVENTS40.000.00$177,691$0$18,697Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,129,330TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$602,330TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K35IndivRcvdGreaterThan100KCnt
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/ZIPCdServicesServicesDescCompensationCompensationAmt
PRESTIGE STAFFING
9040 ROSWELL RD SUITE 300ATLANTAGA30350TEMP SERVICES$841,800
PYRAMID CONSULTING
PO BOX 566ALPHARETTAGA30009CONSULTING SERVICES$478,355
BLAIRWAVES LLC
899 LINGANORE DRMCCLEANVA22102SOFTWARE DEVELOPMENT$436,466
SMART SOURCE TECHNOLOGIES
622 GEORGES RD SUITE 105NORTH BRUNSWICKNJ08902SOFTWARE DEVELOPMENT$401,873
GARY BAKER
801 SEABREEZE BLVDFORT LAUDERDALEFL33316CONSULTING SERVICES$189,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K17CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CERTIFICATION AND TRAINING900099$11,267,000$11,267,000
CHINA OPERATIONS900099$4,804,687$4,804,687
MEMBERSHIP900099$3,622,353$3,622,353
STANDARDS900099$3,317,892$3,317,892
INTERNATIONAL RELATIONS900099$832,106$832,106

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,319,868TotalRevenueColumnAmt
Related Or Exempt Func Income$1,319,868RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$25,163,906TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$264,303TotalRevenueColumnAmt
Exclusion$264,303ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$6,115,791GrossSalesOfInventoryAmt
Cost Of Goods Sold$767,492CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,348,299TotalRevenueColumnAmt
Related Or Exempt Func Income$5,348,299RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,776,508TotalRevenueColumnAmt
Related Or Exempt Func Income$30,512,205RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$264,303ExclusionAmt
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$3,619,453TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$9,775,973TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$798,353TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,669,109TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$681,045TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$141,688TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$88,996TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,369,455TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$712,255TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,690,131TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$623,550TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$387,899TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$859,988TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,260,487TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$79,212TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PRINTING/PRODUCTION$635,596
FINANCIAL SERVICE FEES$471,917
SHIPPING & MAILING$351,941
COMMUNICATIONS$302,436

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,685,801TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$29,455,285TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$23,443BOYAmt
EOY$23,443EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,947,611BOYAmt
EOY$7,343,713EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,906,291BOYAmt
EOY$1,719,672EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$579,533BOYAmt
EOY$595,093EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,154,089BOYAmt
EOY$1,369,577EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$8,392,413LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,792,553LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,289,522BOYAmt
EOY$3,599,860EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$19,610,936BOYAmt
EOY$20,417,782EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$31,511,425BOYAmt
EOY$35,069,140EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,017,262BOYAmt
EOY$3,236,400EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$7,325,006BOYAmt
EOY$8,859,828EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$169,928BOYAmt
EOY$101,379EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,512,196BOYAmt
EOY$12,197,607EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$20,999,229BOYAmt
EOY$22,871,533EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,999,229BOYAmt
EOY$22,871,533EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$31,511,425BOYAmt
EOY$35,069,140EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,321,223ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$551,081NetUnrlzdGainsLossesInvstAmt
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$3,603,027DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$831,818NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov$376,762NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$1,208,580NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$1,188,999AggregateReportedDuesNtcAmt
Carried Over$19,581CarriedOverAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$385,634OtherCostOrOtherBasisAmt
Depreciation$371,401DepreciationAmt
Book Value$14,233BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,006,779OtherCostOrOtherBasisAmt
Depreciation$4,421,152DepreciationAmt
Book Value$3,585,627BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,599,860TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEFERRED RENT$92,779
DEFERRED LEASE INCENTIVE$8,600
FieldValueIRS element (for citing)
Total Liability$101,379TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$32,372,080TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$551,081NetUnrealizedGainsInvstAmt
Other Revenue$1,294,491OtherRevenueAmt
Revenue Not Reported$1,845,572RevenueNotReportedAmt
Revenue Subtotal$30,526,508RevenueSubtotalAmt
Other Revenues Not Included$250,000OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$250,000RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$30,776,508TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$30,924,957TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,719,671OtherExpensesIncludedAmt
Expenses Not Reported$1,719,671ExpensesNotReportedAmt
Expenses Subtotal$29,205,286ExpensesSubtotalAmt
Other Expenses Not Included$250,000OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$250,000ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$29,455,286TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY IPC ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF IPC ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD ON SALES OF INVENTORY 767,492. INCOME FROM RELATED ORG INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 526,999.
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 767,491. EXPENSES FROM RELATED ORGANIZATION INCLUDED IN CONSOLIDATED 952,180.
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 (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,334PROGRAM SERVICESTRAINING/CONSULTING$4,203,502
SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,216PROGRAM SERVICESTRAINING/CONSULTING$800,916
FieldValueIRS element (for citing)
Subtotal Offices5SubtotalOfficesCnt
Subtotal Employees50SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office5TotalOfficeCnt
Total Employee50TotalEmployeeCnt
Subtotal Spent$5,004,418SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$5,004,418TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

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
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$867,596$0$465,500$0$22,166$0$31,900$0$53,852$0$1,441,014$0$0$0
CHRIS MITCHELL
VP GOVERNMENT RELATIONS$252,871$0$65,000$0$0$0$31,900$0$29,560$0$379,331$0$0$0
TOM SANDMAN
CFO$257,617$0$65,000$0$0$0$31,900$0$21,887$0$376,404$0$0$0
DAVID BERGMAN
VP STANDARDS$259,739$0$65,000$0$0$0$25,896$0$23,412$0$374,047$0$0$0
SANJAY HUPRIKAR
VP SOLUTIONS$264,063$0$65,000$0$0$0$31,900$0$1,451$0$362,414$0$0$0
BRIAN KNIER
CMO$221,808$0$65,000$0$0$0$31,900$0$29,077$0$347,785$0$0$0
DAVID HERNANDEZ
VP CERTIFICATION & TRAINING$213,606$0$65,000$0$0$0$30,700$0$29,152$0$338,458$0$0$0
MICHAEL STONE
SR DIRECTOR SALES$190,186$0$5,000$0$0$0$21,446$0$29,210$0$245,842$0$0$0
RUSSELL WYNNE
SR DIRECTOR IT$177,798$0$11,000$0$0$0$20,953$0$29,210$0$238,961$0$0$0
KEN SCHRAMKO
SR DIRECTOR GOVENMENT RELATIONS$170,400$0$6,000$0$0$0$18,673$0$28,592$0$223,665$0$0$0
TERESA ROWE
SR DIRECTOR STANDARDS$164,789$0$11,500$0$0$0$19,512$0$11,550$0$207,351$0$0$0
ALICIA BALONEK
SR DIRECTOR TRADE SHOWS & EVENTS$168,691$0$9,000$0$0$0$17,673$0$1,024$0$196,388$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 TRAVEL AND IT IS NOT TREATED AS TAXABLE COMPENSATION. 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.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 3,369,455.

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 (4 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
IPC GLOBAL TECHNOLOGY-QINDAO
5F B3-1 BLOCK B QINGDAO INTL INNOQINGDAOCH266101TRAININGCHIPC INTERNATIONAL INCC$2,841,851$2,184,9841.00000Yes (1)
IPC TECHNOLOGY CONSULTING -INDIA
NO 238-34 1ST FLOOR 32ND CROSSBANGALOREIN560070MANAGEMENT CONSULTING AND TRADE SHOWSINIPC INTERNATIONAL INCC$825,231$803,0721.00000Yes (1)
IPC GLOBAL TECHNOLOGY MGMT-SHANGHAI
ROOM 510 MODERN LOGISTICS BLDG 4SHANGHAICH200233MANAGEMENT CONSULTING AND TRADE SHOWSCHIPC INTERNATIONAL INCC$1,159,868$725,1331.00000Yes (1)
IPC TECHNOLGOY CONSULTING-TAIWAN
REGUS TAIPEI MANHATTAN SHIN KONG MTAIPEITW11049MANAGEMENT CONSULTING SERVICESTWIPC INTERNATIONAL INCC$448,578$368,4971.00000Yes (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 Org0LoansOrGuaranteesToOtherOrgInd
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 Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
IPC GLOBAL TECHNOLOGY MANAGEMENT CONSULTING CO LTD
F$209,010COST
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.