2021-02-15T10:42:38-06:00 2020-06-30 450250958 Eide Bailly LLP 666 Walnut St Ste 1900 Des Moines IA 503093912 990 2019-07-01 420332900 Iowa Association of Business & Industry IOWA 5152808000 400 East Court Avenue No 100 Des Moines IA 503092017 Michael Ralston President 5152808000 2021-02-10 1 Joseph Kristan CPA P00222607 5152440266 2021-02-04 2019 2022-09-23 18:48:47Z Michael Ralston 400 East Court Avenue No 100 Des Moines IA 503092017 1752877 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. 60 60 16 80 0 0 1241126 1210550 811732 490782 1077 413 340119 51132 2394054 1752877 0 0 0 0 1378768 1290207 0 0 0 988472 625804 2367240 1916011 26814 -163134 1064410 1115863 140229 354816 924181 761047 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 0 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 63 0 1 16 1 0 0 0 0 1 1 0 0 0 X 60 60 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Michael Ralston 5152808000 400 East Court Avenue No 100 Des Moines IA 50309 Michael Ralston President 40.00 X 283852 0 30952 Nicole Crain Executive Vice President 40.00 X 162199 0 14397 Cindy Dietz Chair 1.00 X X 0 0 0 Steven Bradford Vice Chair 1.00 X X 0 0 0 Jack Hasken Treasurer 1.00 X X 0 0 0 Kim Augspurger Secretary 1.00 X X 0 0 0 David Bywater Past Chair 1.00 X 0 0 0 Sean Abbas Director 1.00 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 Timothy J Bianco Director 1.00 X 0 0 0 Andy Bramstedt Director 1.00 X 0 0 0 Casey Cason Director 1.00 X X 0 0 0 Tim Conlon Director 1.00 X 0 0 0 Larry Countryman Director 1.00 X 0 0 0 Dick Davidson Director 1.00 X 0 0 0 JD Davis 72019-122019 Director 1.00 X 0 0 0 Connor Deering Director 1.00 X 0 0 0 Tom Determann Director 1.00 X 0 0 0 Steve Dust 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 Rand Fisher Director 1.00 X 0 0 0 Nick Gerhart Director 1.00 X 0 0 0 Jason W Gross Director 1.00 X 0 0 0 Roger Hargens Director 1.00 X 0 0 0 Mike Henningsen 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 Andy Kretz Director 1.00 X 0 0 0 John Krogman Director 1.00 X 0 0 0 Mary Landhuis Director 1.00 X 0 0 0 Kellan Longenecker Director 1.00 X 0 0 0 Kirk L McCollough Director 1.00 X 0 0 0 Todd McDonald Director 1.00 X 0 0 0 Jack B McFarland Director 1.00 X X 0 0 0 Randy A Moore Director 1.00 X 0 0 0 Alan Mores Director 1.00 X 0 0 0 Stacey Pellett Director 1.00 X 0 0 0 Rich Phelan Director 1.00 X 0 0 0 Jack F Pray 72019-122019 Director 1.00 X 0 0 0 John Riches Director 1.00 X 0 0 0 Chris Sackett Director 1.00 X 0 0 0 Todd A Sommerfeld Director 1.00 X 0 0 0 Johnne Syverson Director 1.00 X 0 0 0 Bruce Tamisiea Director 1.00 X X 0 0 0 Taylor Teepell Director 1.00 X 0 0 0 Rick Tollakson Director 1.00 X 0 0 0 Mindi Vandenbosch Director 1.00 X 0 0 0 Molly Varangkounh Director 1.00 X 0 0 0 Drew F Vogel Director 1.00 X 0 0 0 Peter E Voorhees Director 1.00 X X 0 0 0 Tom Yeoman Director 1.00 X 0 0 0 Tom Bosch Director 1.00 X 0 0 0 Scott Folkers Director 1.00 X 0 0 0 Kathryn Kunert 12020-62020 Director 1.00 X 0 0 0 Eric Lohmeier Director 1.00 X 0 0 0 Gary Nordquist Director 1.00 X 0 0 0 Todd Robinson Director 1.00 X 0 0 0 Denny Van Zanten Director 1.00 X 0 0 0 Julie Vande Hoef Director 1.00 X 0 0 0 Josh Wilford Director 1.00 X 0 0 0 446051 0 45349 2 0 1 0 0 1015550 195000 1210550 Management Services 541610 269903 269903 Seminars 611430 216379 216379 Public Policy 541900 4500 4500 490782 413 413 51132 51132 1752877 490782 0 51545 446146 692702 22016 49858 79485 1518 10415 186639 38674 161289 7223 109002 395 9562 7987 Program and Member Rela 50604 Bad Debt Expense 22260 Dues 20236 1916011 453602 125726 454245 827395 66325 53207 37088 73438 424481 397545 15313 26936 37837 9161 1064410 1115863 72122 97245 57401 250003 10706 7568 140229 354816 X 757029 619713 167152 141334 924181 761047 1064410 1115863 -163134 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1015550 315715 315715 253887 61828 10741 8914 1827 413740 388631 25109 26936 Capital Lease Payable 7568 7568 X 1752877 0 1752877 0 1752877 1916011 0 1916011 0 1916011 Part X, Line 2: The Association is exempt from taxation under section 501(c)(6) of the Internal Revenue Code. The Association does receive certain unrelated business income; however, related expenses exceeded income for the years ended June 30, 2020 and 2019. Lobbying activities are disclosed as being nondeductible on the Association's member dues invoices. The Association has determined that it was not required to record a liability related to uncertain tax positions at June 30, 2020 and 2019. X X X 0 0 0 Michael Ralston President 218852 0 65000 0 0 0 14000 0 17973 0 315825 0 0 0 Nicole Crain Executive Vice President 135699 0 26500 0 0 0 6922 0 8321 0 177442 0 0 0 Form 990, Part VI, Section A, line 1 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.