2022-11-13T12:43:28-06:00 2021-12-31 SE McMASTER & ASSOCIATES PLLC 1825 K STREET NW STE 705 WASHINGTON DC 20006 990 2021-01-01 521682441 BANK INFORMATION CENTER % THE ORGANIZATION BANK 2026240629 1023 15TH STREET NW 10TH FLOOR WASHINGTON DC 20005 Elana Berger EXECUTIVE DIRECTOR 2026240629 2022-11-01 true Elana Berger 999009999 S E McMaster CPA P00310424 2022235001 2 2021 2022-09-23 18:48:47Z Elana Berger 1023 15TH STREET NW 10TH FLOOR WASHINGTON DC 20005 2106901 false X WWW.BANKINFORMATIONCENTER.ORG X 1988 DC BANK INFORMATION CENTER PARTNERS WITH CIVIL SOCIETY TO SPOLIGHT THE RISKS AND IMPROVE THE TRANSPARENCY, ACCOUNTABILITY, AND SUSTAINABILITY OF DEVELOPMENT FINANCE. 9 9 16 0 3329889 2093311 1460 3768 7816 9822 0 0 3339165 2106901 164654 171443 0 0 1096455 1219823 0 0 35200 541253 710694 1802362 2101960 1536803 4941 3208847 3316914 364097 418648 2844750 2898266 X THE BANK INFORMATION CENTER'S MISSION IS TO PROMOTE SOCIAL, ECOLOGICAL AND ECONOMIC JUSTICE BY AMPLIFYING LOCAL VOICES AND DEMOCRATIZING DEVELOPMENT. BIC ADVOCATES FOR GREATER TRANSPARENCY, ACCOUNTABILITY, SUSTAINABILITY, AND INCLUSION AT THE MULTILATERAL DEVELOPMENT BANKS. false false 217285 1832 POLICY: THE PROGRAM WORKS TOWARD IMPROVED POLICIES AT THE IFIS, PRIMARILY IN THE AREA OF STRONGER ENVIROMENTAL AND SOCIAL STANDARDS, STRONGER ACCOUNTABILITY FRAMEWORKS, AND IMPROVED OPPORTUNITIES FOR STAKEHOLDER ENGAGEMENT. BICS STRATEGIC FOCUS WILL REMAIN ON THE WORLD BANK GROUP, AS THE PRIMARY STANDARD SETTER FOR IFIS, BUT WILL ALSO RESPOND TO OPPORTUNITIES AT REGIONAL DEVELOPMENT BANKS AND KEY TRUST FUNDS TO STRENGHTEN POLICIES ACROSS INSTITUTIONS IN AN EFFORT TO SUPPORT UPWARD HARMONIZATION OF STANDARDS. 269139 44109 ENVIRONMENT: THE PROGRAM WORKS TO ENSURE THAT MDBS SUPPORT POSITIVE ACTION ON CLIMATE AND FORESTS, INCORPORATING ENVIRONMENTAL SUSTAINABILITY, AND PEOPLE'S RIGHTS TO A LIVABLE ENVIROMENT, THROUGHOUT THEIR WORK. 505844 97834 SOCIAL INCLUSION - THE PROGRAM WORKS SPECIFICALLY TO IMPROVE IFI (INTERNATIONAL FINANCE INSTITUTION) GOVERNANCE AND OPERATIONS BY PRIORITIZING THE INCLUSION OF MARGINALIZED GROUPS, THE PROTECTION OF THEIR RIGHTS, AND THEIR EQUAL ACCESS TO PROJECT BENEFITS. BIC'S ADVOCACY CURRENTLY FOCUSES OF THREE MARGINALIZED GROUPS THAT HAVE BEEN HISTORICALLY OERLOOKED BY IFIS: CHILREN, WOMEN AND PERSONS WITH DISABILITIES. 311404 12536 SPECIAL PROJECTS 457981 16565 General Programs 769385 29101 1761653 true true false false false false false false false false true false false false true false true false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false true 6 0 true 16 true false false false false false false false false false false X 9 9 false false false false false false false true true false false true true false false true true true false X X THE ORGANIZATION 2026240629 1023 15TH STREET NW 10TH FLOOR WASHINGTON DC 20005 ELANA BERGER EXECUTIVE DIRECTOR 40.0 0.0 X 101794 0 25296 ALBERTO VASQUEZ BOARD MEMBER 1.0 0.0 X 0 0 0 Fatuma Ibrahim BOARD MEMBER 1.0 0.0 X 0 0 0 Marti Flacks BOARD MEMBER 1.0 0.0 X 0 0 0 STEWART ROSS TREASURER 1.0 0.0 X X 0 0 0 CESAR GAMBOA VICE CHAIR 1.0 0.0 X X 0 0 0 JOSHUA LICHTENSTEIN CHAIR 1.0 0.0 X X 0 0 0 IMAD SABI BOARD MEMBER 1.0 0.0 X 0 0 0 judy gearhart board member 1.0 0.0 X 0 0 0 kindra mohr board member 1.0 0.0 X 0 0 0 101794 0 25296 1 false false false 0 2093311 2093311 RETURNED GRANTS 3768 3768 3768 9822 9822 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2106901 3768 9822 0 0 171443 171443 0 101794 95034 4778 1982 0 876421 828602 33797 14022 45450 42432 2133 885 127424 108582 13316 5526 68734 64170 3226 1338 0 168 157 8 3 57498 57498 0 0 0 308338 256475 48923 2940 0 14381 8504 5544 333 61902 52542 8829 531 0 194933 93831 95367 5735 22397 13591 8306 500 0 12851 6289 6190 372 0 0 3300 1588 1615 97 4294 2067 2101 126 BANK FEES 12497 6482 5674 341 DUES AND SUBSCRIPTIONS 14197 6962 6825 410 MISCELLANEOUS 3938 2902 977 59 2101960 1761653 305107 35200 139430 293224 825307 1505228 1723078 948534 596 2581 0 0 0 0 0 0 0 0 28061 20036 50228 50228 3300 0 474574 532810 0 0 0 0 0 0 14501 14501 3208847 3316914 50461 96072 0 0 178127 201256 0 0 0 0 0 0 0 0 0 0 135509 121320 364097 418648 X 417227 934706 2427523 1963560 2844750 2898266 3208847 3316914 4941 48575 X false true X true false X 2536031 1148966 1364438 3330089 2091841 10471365 0 0 2536031 1148966 1364438 3330089 2091841 10471365 6874189 3597176 2304 2820 19710 7816 9822 42472 0 550 550 10514387 25902 0.34212 0.34305 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30428 30428 0 19800 19800 0 0 0 DEFERRED RENTAL ABATEMENT 121320 121320 2155476 48575 48575 2106901 2106901 2101960 2101960 2101960 TAX POSITION - PART X, LINE 2 FOR THE YEAR ENDED DECEMBER 31, 2021, BIC HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. South America RESEARCH, MEETINGS AND WORKSHOPS 14300 USD South America RESEARCH, MEETINGS AND WORKSHOPS 13000 USD Sub-Saharan Africa RESEARCH, MEETINGS AND WORKSHOPS 7927 USD South Asia RESEARCH, MEETINGS AND WORKSHOPS 8000 USD Sub-Saharan Africa RESEARCH, MEETINGS AND WORKSHOPS 8300 Sub-Saharan Africa RESEARCH, MEETINGS AND WORKSHOPS 7350 East Asia and the Pacific RESEARCH, MEETINGS AND WORKSHOPS 11215 South America MONITOR PROJECTS IN REGION 6000 USD Central America and the Caribbean MONITOR PROJECTS IN REGION 7500 Central America and the Caribbean MONITOR PROJECTS IN REGION 5500 USD South Asia MONITOR PROJECTS IN REGION 7867 USD South Asia MONITOR PROJECTS IN REGION 23401 usd false false false false false false GRANT COMPLIANCE - PART I, LINE 2: BIC REQUIRES GRANT RECIPIENTS TO SUBMIT A BRIEF NARRATIVE AND FINANCIAL REPORT, USUALLY WITHIN ONE YEAR FROM WHEN THE GRANT WAS AWARDED. THE REPORTS DESCRIBE HOW THE GRANT MONEY WAS SPENT. FORM 990, PART VI, SECTION B, LINE 11B: THE TAX RETURN WAS PREPARED BY THE OUTSIDE ACCOUNTANTS, REVIEWED BY SENIOR MANAGEMENT AND THEN BY THE BOARD'S TREASURER. CONFLICT OF INTEREST POLICY THE ORGANIZATION ANNUALLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY AND MUST DISCLOSE ANY POTENTIAL CONFLICT RELATIONSHIPS. IF ANY SUCH RELATIONSHIPS ARE DISCLOSED, THE INFORMATION IS ESCALATED TO THE BOARD PRESIDENT VIA THE EXECUTIVE DIRECTOR. THE PRESIDENT, POSSIBLY WITH THE ASSISTANCE OF THE EXECUTIVE COMMITTEE, DETERMINES IF THE CONFLICT OF INTEREST MERITS FURTHER ACTION, INCLUDING POTENTIAL REMOVAL OF A CONFLICTED PERSON FROM THE BOARD. THIS POLICY ALSO APPLIES TO EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15A: THE BOARD EXECUTIVE COMMITTEE SETS THE SALARY OF THE EXECUTIVE DIRECTOR, BASED ON CURRENT TRENDS, BUDGET, AND EXPERIENCE OF THE INDIVIDUAL. THIS COMMITTEE ALSO ADJUSTS THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON THE ANNUAL PERFORMANCE EVALUATION CONDUCTED BY THE BOARD, WHICH IS DOCUMENTED AND KEPT ON FILE ELECTRONICALLY. KEY EMPLOYEE SALARIES ARE DETERMINED BY THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR ANNUALLY ADJUSTS THE SALARY OF KEY EMPLOYEES BASED ON THE ANNUAL PERFORMANCE EVALUATION, WHICH IS DOCUMENTED AND KEPT ON FILE ELECTRONCIALLY. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART IX LINE 11G DESCRIPTION:PENSION PLAN ADMINISTRATION TOTAL FEES:3400 FORM 990 PART IX LINE 11G DESCRIPTION:PROGRAM CONSULTANTS TOTAL FEES:304938