2020-08-04T10:28:47-05:00 2019-09-30 GRANT THORNTON LLP 171 N CLARK ST SUITE 200 CHICAGO IL 60601 990 2018-10-01 363330171 Bank Administration Institute % JULIE FABER BANK 3125534600 115 South LaSalle Street Suite 3300 Chicago IL 60603 JULIE FABER CFO 3126832378 2020-08-03 true Bridget T Roche P00666837 3128560200 205.178.79.92 36941220202175000001 2020-08-04 P 86810A724A8BEF6081618CE7CEBC1737E9DD9CB3 DB64C1701B389F151E46C096E2734789DEA2CBCD 2018 2020-09-23 17:36:50Z BAI Deborah Bianucci 115 South LaSalle Street STE 3300 Chicago IL 60603 10114871 false X www.bai.org X 1984 IL BANK ADMINISTRATION INSTITUTE (BAI) WAS ESTABLISHED TO ADVANCE EDUCATION IN THE FIELDS OF FINANCIAL SERVICES, BANKING, AND RELATED AREAS. 19 18 126 73 71740 0 0 0 1375362 718876 834411 2057867 334786 641475 2544559 3418218 0 0 0 0 676432 582980 0 0 0 3258850 2788813 3935282 3371793 -1390723 46425 24716461 21884288 6081185 3641861 18635276 18242427 BAI'S MISSION IS TO ADVANCE RESEARCH AND EDUCATION IN THE FIELDS OF FINANCIAL SERVICES, BANKING, FISCAL AND MONETARY POLICY, ECONOMICS, INVESTMENT AND RELATED AREAS THROUGH EDUCATIONAL SEMINARS AND SYMPOSIA, CONFERENCES AND OTHER MEANS. false false 3004022 0 718876 OVER 1,125 PEOPLE ATTENDED BAI'S EDUCATIONAL CONFERENCES AND SEMINARS IN 2019, AND OVER 1.2 MILLION PEOPLE VISITED OUR BAI WEBSITE WHICH PROVIDES THOUGHT LEADERSHIP ON A VARIETY OF FINANCIAL SERVICES TOPICS. 57778 0 0 BAI BANKING STRATEGIES, AN ONLINE MAGAZINE, ASSISTS IN EDUCATING INDIVIDUALS ON VARIOUS FINANCIAL TOPICS. 3061800 true false false false false false false false false false true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true true true true false true 42 0 true 126 true true true false false false false false false false false false false false X 19 18 false false false false false false false true true false false true true true true true true true true false IL X JULIE FABER 3126832378 115 SOUTH LASALLE STREET STE 3300 Chicago IL 60603 STEVEN S SALOUTOS Chairman of the Board 1.0 1.0 X X 0 0 0 CHARLES G KIM Vice Chairman 1.0 1.0 X X 0 0 0 CHRISTOPHER J MCCOMISH Past Chairman 1.0 1.0 X X 0 0 0 Janet M Coletti Counselor to the Board 1.0 1.0 X X 0 0 0 TIMOTHY S CRANE Treasurer 1.0 1.0 X X 0 0 0 SCOTT M PETERS Secretary 1.0 1.0 X X 0 0 0 TODD M BARNHART DIRECTOR-AT-LARGE 1.0 1.0 X 0 0 0 ROBERT A BERMAN Director-at-Large 1.0 1.0 X 0 0 0 KEVIN S BLAIR Director-at-Large 1.0 1.0 X 0 0 0 ULDERICO CALERO Director-at-Large 1.0 1.0 X 0 0 0 LARISSA CHAIKOWSKY DIRECTOR-AT-LARGE 1.0 1.0 X 0 0 0 JON N COUTURE Director-at-Large 1.0 1.0 X 0 0 0 TRINA M EVANS Director-at-Large 1.0 1.0 X 0 0 0 CHARLES T HEIDEN Director-at-Large 1.0 1.0 X 0 0 0 JOHN T JORDAN Director-at-Large 1.0 1.0 X 0 0 0 ROBERT M KOTTLER Director-at-Large 1.0 1.0 X 0 0 0 SUSAN A LAMONICA Director-at-Large 1.0 1.0 X 0 0 0 BRUCE D MURPHY Director-at-Large 1.0 1.0 X 0 0 0 CATHLEEN H NASH Director-at-Large 1.0 1.0 X 0 0 0 ALOK R PRASAD Director-at-Large 1.0 1.0 X 0 0 0 BETH M PROVANZANA DIRECTOR-AT-LARGE 1.0 1.0 X 0 0 0 MARK D QUINLAN DIRECTOR-AT-LARGE 1.0 1.0 X 0 0 0 MARK R SHEEHAN DIRECTOR-AT-LARGE 1.0 1.0 X 0 0 0 AMEESH P VAKHARIA DIRECTOR-AT-LARGE 1.0 1.0 X 0 0 0 DEBORAH L BIANUCCI PRESIDENT AND CEO 2.0 38.0 X X 29963 571716 53645 JULIE FABER CHIEF FINANCIAL OFFICER 2.0 38.0 X 13515 257872 30054 ANN R BARCROFT CHIEF ADMINISTRATIVE OFFICER 2.0 38.0 X 14349 273789 54613 HOLLY J HUGHES CHIEF MARKETING OFFICER 11.5 28.5 X 75789 187964 51646 CAROL SKARLAT CHIEF INFORMATION OFFICER 2.0 38.0 X 12795 244149 23289 RYAN P MALAYTER DIRECTOR, TECHNOLOGY 2.0 38.0 X 8472 161654 41493 RONALD GLIANE DIRECTOR, TECHNOLOGY 2.0 38.0 X 8407 160408 20586 MARY E RATCLIFF DIRECTOR, MARKETING 2.0 38.0 X 7757 147990 35225 DAWN P JACOBSEN NATIONAL ACCOUNT EXECUTIVE 40.0 0.0 X 145809 0 38917 316856 2005542 349468 19 false true false OVATION INC 1033 DEMONBRUEN STREET NASHVILLE TN 37203 EVENT MANAGEMENT 395251 CENTERPLATE HOSPITALITY VENTURE 1 INDEPENDENCE POINTE SUITE 305 GREENVILLE SC 29615 CATERING SERVICES 183852 LEVI RAY SHOUP INC 2401 W MONROE STREET SPRINGFIELD IL 62704 TECH SERVICES 173113 DOLMEN COMMUNICATIONS 814 CAMINITO AZUL CARLSBAD CA 92011 COMMUNICATION SVCS 165000 RACKSPACE MANAGED HOSTING PO BOX 732497 DALLAS TX 75373 DATA PROCESSING 163434 7 0 PROGRAMS AND CONFERENCES 611600 718876 718876 0 0 718876 684512 684512 0 39498 39498 0 0 0 8070008 6696653 1373355 1373355 1373355 0 0 0 0 0 0 0 0 0 SPONSORSHIP REVENUE 541800 581738 0 71740 509998 CONFERENCES COMMISSION REVENUE 900099 15386 0 0 15386 MISCELLANEOUS REVENUE 900099 4853 0 0 4853 601977 3418218 718876 71740 2627602 X 0 0 0 0 154363 88384 65979 0 308767 172790 135977 33553 26601 6952 42482 14338 28144 43815 34736 9079 0 18940 17281 1659 4966 85 4881 0 0 0 364574 352016 12558 0 504199 504109 90 58091 55557 2534 36265 29531 6734 0 67911 53719 14192 99771 89402 10369 0 1599822 1598767 1055 3691 2926 765 0 9742 7723 2019 5536 274 5262 TAXES, FEES, AND LICENSES 13645 13125 520 0 DUES AND SUBSCRIPTIONS 1406 436 970 0 . 0 0 0 . 0 254 254 3371793 3061800 309993 0 190 191 2412496 4559241 0 0 22525 19445 0 0 0 0 3485491 3855494 0 0 2202119 585441 3447608 3140855 311492 306753 10498691 10821295 0 0 0 0 0 0 5783457 1736428 24716461 21884288 2336931 2486460 0 0 978179 12000 0 0 0 0 0 0 1500000 0 0 0 1266075 1143401 6081185 3641861 X 18635276 18242427 0 0 0 0 18635276 18242427 24716461 21884288 X 46425 -1252309 813035 X false true X true X 1331926 1304970 444438 151671 509998 3743003 4200988 3821905 1947728 1375362 718876 12064859 0 0 0 5532914 5126875 2392166 1527033 1228874 15807862 0 0 0 15807862 501383 540444 534941 601454 724010 2902232 0 501383 540444 534941 601454 724010 2902232 0 44626 0 0 38245 82871 204098 93024 49962 22120 20239 389443 6238395 5804969 2977069 2150607 2011368 19182408 0.82408 0.85752 0.15130 0.11400 X SCHEDULE A, PART III, LINE 1 THE AMOUNTS REPORTED ON SCHEDULE A, PART III, LINE 1 REPRESENT QUALIFIED SPONSORSHIP PAYMENTS RECEIVED BY BAI. 226321 150110 76211 3221287 2990745 230542 306753 DUE FROM BAI CENTER 1736428 1736428 0 LEASE LIABILITY 507857 RETIREMENT LIABILITIES 431064 DEFERRED COMPENSATION 204480 1143401 X SCHEDULE D, PART X, LINE 2 ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 BAI HAS RECEIVED A FAVORABLE DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FASB GUIDANCE REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL PROVISION WAS NECESSARY FOR BAI FOR UNRELATED BUSINESS INCOME. THERE ARE NO INTEREST OR PENALTIES RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. X X X true true X X X X X false true false true true true true false false DEBORAH L BIANUCCI PRESIDENT AND CEO 18338 349903 9960 190040 1665 31773 1233 23517 1439 27456 32635 622689 0 0 JULIE FABER CHIEF FINANCIAL OFFICER 10646 203126 2746 52399 123 2347 1075 20519 421 8039 15011 286430 0 0 ANN R BARCROFT CHIEF ADMINISTRATIVE OFFICER 10172 194076 4039 77073 138 2640 1233 23517 1487 28376 17069 325682 0 0 HOLLY J HUGHES CHIEF MARKETING OFFICER 64109 158996 10771 26714 909 2254 7037 17453 7803 19353 90629 224770 0 0 CAROL SKARLAT CHIEF INFORMATION OFFICER 10429 198988 2100 40078 266 5083 1010 19276 150 2853 13955 266278 0 0 RYAN P MALAYTER DIRECTOR, TECHNOLOGY 7815 149116 545 10395 112 2143 797 15199 1270 24227 10539 201080 0 0 RONALD GLIANE DIRECTOR, TECHNOLOGY 7775 148342 494 9430 138 2636 767 14643 258 4918 9432 179969 0 0 MARY E RATCLIFF DIRECTOR, MARKETING 7269 138686 343 6541 145 2763 729 13909 1025 19562 9511 181461 0 0 DAWN P JACOBSEN NATIONAL ACCOUNT EXECUTIVE 90100 0 52197 0 3512 0 15637 0 23280 0 184726 0 0 0 FIRST-CLASS OR CHARTER TRAVEL SCHEDULE J, PART I, LINE 1A THE CHIEF EXECUTIVE OFFICER MAY PURCHASE AND BE REIMBURSED FOR FIRST CLASS AIR TRAVEL FOR BUSINESS TRAVEL ON FLIGHTS OF 2 HOURS OR MORE IN DURATION. BOARD OF DIRECTOR MEMBERS -- FIRST-CLASS TRAVEL OR COMPANION TRAVEL -- WILL REIMBURSE FIRST CLASS AIRFARE TO AND FROM BOARD MEETINGS FOR EACH MEMBER. ALTERNATIVELY, BAI WILL REIMBURSE THE COST FOR TWO ROUND TRIP COACH CLASS TICKETS FOR THE BOARD MEMBER AND SPOUSE, PROVIDED THAT THE TOTAL COST OF THE TWO COACH TICKETS DOES NOT EXCEED THE COST OF ONE ROUND TRIP FIRST CLASS TICKET. BAI ISSUES A 1099 TO EACH BOARD MEMBER WHERE BAI REIMBURSES MORE THAN $599 IN A CALENDAR YEAR FOR A SPOUSE'S EXPENSES. NINE BOARD MEMBERS LISTED IN PART VII RECEIVED FIRST CLASS TRAVEL BENEFITS FOR CALENDAR YEAR ENDING 12/31/18. TRAVEL FOR COMPANIONS SCHEDULE J, PART I, LINE 1A BAI WILL REIMBURSE THE COST FOR TWO ROUND TRIP COACH CLASS TICKETS FOR THE BOARD MEMBER AND SPOUSE, PROVIDED THAT THE TOTAL COST OF THE TWO COACH TICKETS DOES NOT EXCEED THE COST OF ONE ROUND TRIP FIRST CLASS TICKET. BAI ISSUES A 1099 TO EACH BOARD MEMBER WHERE BAI REIMBURSES MORE THAN $599 IN A CALENDAR YEAR FOR A SPOUSE'S EXPENSES. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES SCHEDULE J, PART I, LINE 1A BAI PAYS FOR THE CHIEF EXECUTIVE OFFICER'S MEMBERSHIP AT A BUSINESS SOCIAL CLUB, WITH THE PRIMARY PURPOSE BEING BUSINESS MEETINGS. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B BANK ADMINISTRATION INSTITUTE HAS A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. ANN BARCROFT, DEBORAH BIANUCCI, HOLLY HUGHES AND CAROL SKARLAT PARTICIPATE IN THE 457(F) PLAN. NO PAYMENTS WERE MADE FOR CALENDER YEAR ENDING 12/31/18. COMPENSATION CONTINGENT ON ITS REVENUE - ORGANIZATION SCHEDULE J, PART I, LINES 5A AND 5B THE ORGANIZATION AND ITS RELATED ORGANIZATION, BAI CENTER, OFFER ALL NON-SALES EMPLOYEES AN OPPORTUNITY TO EARN VARIABLE INCENTIVE COMPENSATION. EACH FISCAL YEAR GOALS ARE ESTABLISHED FOR THE ORGANIZATION, GROUPS AND INDIVIDUALS THROUGH STRATEGIC AND PERFORMANCE PLANNING. INCENTIVE AWARDS ARE CALCULATED AT THE CLOSE OF EACH FISCAL YEAR BASED ON THE ACHIEVEMENT OF APPROVED GOALS. COMPENSATION CONTINGENT ON THE NET EARNINGS - ORGANIZATION SCHEDULE J, PART I, LINES 6A AND 6B THE ORGANIZATION AND ITS RELATED ORGANIZATION, BAI CENTER, OFFER ALL NON-SALES EMPLOYEES AN OPPORTUNITY TO EARN VARIABLE INCENTIVE COMPENSATION. EACH FISCAL YEAR GOALS ARE ESTABLISHED FOR THE ORGANIZATION, GROUPS AND INDIVIDUALS THROUGH STRATEGIC AND PERFORMANCE PLANNING. INCENTIVE AWARDS ARE CALCULATED AT THE CLOSE OF EACH FISCAL YEAR BASED ON THE ACHIEVEMENT OF APPROVED GOALS. DELEGATION OF AUTHORITY FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE THERE SHALL BE AN EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS TO BE COMPOSED OF THE CHAIRMAN OF THE BOARD, VICE-CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER, SECRETARY, TREASURER, THE PAST CHAIRMAN OF THE BOARD, AND THE COUNSELOR TO THE BOARD. THE EXECUTIVE COMMITTEE SHALL SERVE AS A NOMINATING COMMITTEE TO IDENTIFY AND NOMINATE CANDIDATES FOR UPCOMING VACANCIES. THE EXECUTIVE COMMITTEE SHALL BE AUTHORIZED AND EMPOWERED, IN MATTERS PERTAINING TO SUCH SUBJECTS AND DUTIES ENJOINED UPON THE BOARD OF DIRECTORS WHICH REQUIRE DECISION AS TO POLICY AND PROCEDURE IN THE INTERIM BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, TO ACT AND MAKE SUCH DECISIONS ON BEHALF OF THE BOARD OF DIRECTORS EXCEPT AS OTHERWISE PROVIDED BY LAW. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE MAY, FROM TIME TO TIME, MAKE ITS OWN RULES GOVERNING ITS CONDUCT OF BAI BUSINESS EXCEPT WHERE OTHERWISE PROVIDED HEREIN. THE EXECUTIVE COMMITTEE WILL APPROVE THE BOARDS OF DIRECTORS OF BAI'S SUBSIDIARIES AND AFFILIATES. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DISTRIBUTES THE TAX RETURN ELECTRONICALLY TO EACH VOTING MEMBER OF THE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE IRS. CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT FORM 990, PART VI, SECTION B, LINE 12C BAI'S CONFLICT OF INTEREST POLICY COVERS ALL BOARD OF DIRECTORS AND EMPLOYEES. FOR BOARD OF DIRECTORS, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF A FINANCIAL INTEREST, AS WELL AS ALL MATERIAL FACTS TO THE DIRECTORS AND COMMITEE MEMBERS WITH GOVERNING BOARD DELEGATED POWERS, CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FOR EMPLOYEES, AN INTERESTED PERSON MUST NOTIFY HUMAN RESOURCES AS SOON AS SUCH POTENTIAL CONFLICT ARISES. FOR BOARD OF DIRECTORS, AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. FOR EMPLOYEES, HUMAN RESOURCES (HR) REVIEWS THE CONFLICTS. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, SECTION B, LINES 15A AND 15B EACH YEAR, BAI AND BAI CENTER, THROUGH AN OVERLAPPING HR COMMITEE, ENGAGE AN OUTSIDE HR CONSULTANT TO BENCHMARK EXECUTIVE COMPENSATION USING DATA FROM A NUMBER OF PUBLISHED SALARY SURVEYS. THE OVERLAPPING HR COMMITTEE OF THE BOARD OF DIRECTORS CONSIDERS THIS BENCHMARKING DATA, THE COMPENSATION REPORTED ON FORM 990 FOR CHIEF EXECUTIVES OF COMPARABLE FINANCIAL SERVICES TRADE ORGANIZATIONS, THE ECONOMIC ENVIRONMENT AND BAI/BAIC BUSINESS CONDITIONS WHEN MAKING COMPENSATION DECISIONS. THE HR COMMITTEE RECOMMENDS CEO COMPENSATION TO THE FULL BOARD OF DIRECTORS FOR THEIR APPROVAL. THE COMPENSATION APPROVAL PROCESS FOR THE CEO IS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE BOARD MEETINGS. THE HR COMMITTEE ALSO RECEIVES AN ANNUAL DISCLOSURE OF TOTAL COMPENSATION FOR ALL OFFICERS AND LEADERSHIP TEAM MEMBERS AND APPROVES THE PROCESS FOR DETERMINING THEIR COMPENSATION WHICH IS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE HR COMMITTEE. HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC FORM 990, PART VI, SECTION C, LINE 19 BANK ADMINISTRATION INSTITUTE DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES CONSIST OF: INTERCOMPANY TRANSACTION......$ 813,035 FORM 990 PART IX LINE 11G DESCRIPTION:PROFESSIONAL SERVICES TOTAL FEES:357176 FORM 990 PART IX LINE 11G DESCRIPTION:RECRUITING/RELOCATION TOTAL FEES:7398 BAI Center 115 S Lasalle Street Chicago IL 60603 362026204 Membership IL 501(c)(6) BAI true false false false false false false false false false false false false false false false false true false false BAI Center Q 1736428 FMV