2020-10-23T12:14:16-05:00 2019-12-31 420714325 RSM US LLP 7351 OFFICE PARK PL MELBOURNE FL 329408229 990 2019-01-01 135532538 THE INSTITUTE OF INTERNAL AUDITORS INC INST 4079371100 1035 GREENWOOD BLVD NO 401 LAKE MARY FL 32746 ANN S COHEN CFO 4079371300 2020-10-23 1 JULIANA KREUL P01204534 3217516200 2020-10-23 76.208.83.56 2020-10-23 10:18:21 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2019 2021-04-22 16:20:28Z RICHARD F CHAMBERS 1035 GREENWOOD BLVD NO 401 LAKE MARY FL 32746 65078019 0 X THEIIA.ORG X 1941 NY PROVIDE DYNAMIC LEADERSHIP FOR THE GLOBAL PROFESSION OF INTERNAL AUDITING.ACTIVITIES IN SUPPORT OF THIS MISSION WILL INCLUDE, BUT WILL NOT BE LIMITED TO:* ADVOCATING AND PROMOTING THE VALUE INTERNAL AUDIT PROFESSIONALS ADD TO THEIR ORGANIZATIONS.* PROVIDING COMPREHENSIVE PROFESSIONAL EDUCATIONAL AND DEVELOPMENT OPPORTUNITIES, STANDARDS AND OTHER PROFESSIONAL PRACTICE GUIDANCE, AND CERTIFICATION PROGRAMS.* RESEARCHING, DISSEMINATING, AND PROMOTING KNOWLEDGE CONCERNING INTERNAL AUDITING AND ITS APPROPRIATE ROLE IN CONTROL, RISK MANAGEMENT, AND GOVERNANCE TO PRACTITIONERS AND STAKEHOLDERS.* EDUCATING PRACTITIONERS AND OTHER RELEVANT AUDIENCES ON BEST PRACTICES IN INTERNAL AUDITING.* BRINGING TOGETHER INTERNAL AUDITORS FROM ALL COUNTRIES TO SHARE INFORMATION AND EXPERIENCES. 17 16 269 400 0 0 0 0 61693735 60933398 1904086 1478615 0 590510 63597821 63002523 122335 130441 0 0 24914945 26570057 0 0 0 32016778 31883566 57054058 58584064 6543763 4418459 75070206 83689185 23195257 22654830 51874949 61034355 X THE MISSION OF THE INSTITUTE OF INTERNAL AUDITORS IS TO PROVIDE DYNAMIC LEADERSHIP FOR THE GLOBAL PROFESSION OF INTERNAL AUDITING. 0 0 TRAINING AND EDUCATION FOR INTERNAL AUDITORS PUBLICATIONS WHICH INFORM INTERNAL AUDITORS AND IIA MEMBERS OF CURRENT PROFESSIONAL ISSUES, STANDARDS, AND PRACTICES OFFERING EXAMINATIONS ON PROFESSIONAL ISSUES AND CERTIFYING THOSE WHO DEMONSTRATE ACCEPTABLE PERFORMANCE QUALITY SERVICES:THE MISSION OF QUALITY SERVICES IS TO ELEVATE THE PROFESSIONALISM WITHIN INTERNAL AUDITING. PROPER ELEVATION BEGINS AND ENDS WITH ALIGNMENT OF THE IIA'S INTERNATIONAL STANDARDS FOR THE PROFESSIONAL PRACTICE OF INTERNAL AUDITING, CORE PRINCIPLES, AND THE CODE OF ETHICS. OUR ASSESSMENT PROCESS IDENTIFIES IMPROVEMENT OPPORTUNITIES, COUNSEL TO THE CHIEF AUDIT EXECUTIVE (CAE) FOR SUCCESSFUL PRACTICE IMPLEMENTATION, AS WELL AS PROMOTING THE CREDIBILITY OF THE INTERNAL AUDIT ACTIVITY WITH YOUR STAKEHOLDERS. SERVICES PROVIDED:READINESS ASSESSMENT - IDENTIFIES RISKS TO CONFORMANCE WITH STANDARDS, PROVIDES A BASELINE FOR NEW CHIEF AUDIT EXECUTIVES, AND SUPPORT FOR CREATING A SUCCESSFUL QUALITY ASSURANCE AND IMPROVEMENT PROGRAM (QAIP).SELF-ASSESSMENT WITH INDEPENDENT VALIDATION (SAIV) -APPROACH MEETS THE REQUIREMENTS OF THE STANDARDS FOR AN EXTERNAL ASSESSMENT ONCE EVERY FIVE YEARS.QUALITY ASSESSMENT (QA) - THE MOST COMPREHENSIVE APPROACH SUPPORTS NOT ONLY CONFORMANCE, BUT PROVIDES AN OBJECTIVE ASSESSMENT OF THE ORGANIZATIONS INTERNAL AUDIT ACTIVITY'S EFFECTIVENESS.QUALITY ASSURANCE AND IMPROVEMENT PROGRAM (QAIP) IS REQUIRED ACCORDING TO THE STANDARDS:QUALITY SERVICES IS ALIGNED WITH THE OVERALL MISSION OF THE IIA BY PROMOTING THE VALUE THAT INTERNAL AUDIT PROFESSIONALS ADD TO THEIR ORGANIZATION, ALIGNMENT WITH THE INTERNATIONAL STANDARDS PROMULGATED BY THE IIA AND EDUCATING PRACTITIONERS ON BEST PRACTICES IN INTERNAL AUDITING. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 105 0 1 269 1 0 1 CA 0 0 0 0 0 0 X 17 16 0 0 1 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X ANN COHEN CFO 4079371100 1035 GREENWOOD BLVD NO 401 LAKE MARY FL 32746 RICHARD F CHAMBERS PRESIDENT/CEO/EX-OFFICIO 40.00 2.00 X X 769795 0 31491 J MICHAEL JOYCE JR CHAIRMAN 10.00 X X 0 0 0 JENITHA JOHN SENIOR VICE CHAIRMAN 10.00 X X 0 0 0 CHARLES T WRIGHT VICE CHAIRMAN 10.00 X X 0 0 0 NAOHIRO MOURI PAST CHAIRMAN 10.00 X X 0 0 0 SALLY-ANNE PITT DIRECTOR 10.00 X 0 0 0 JULIE LATHROP DIRECTOR 10.00 X 0 0 0 MICHAEL FUCILLI DIRECTOR 10.00 2.00 X 4800 0 0 ERNESTO MARTINEZ GOMEZ DIRECTOR 10.00 X 0 0 0 BENITO YBARRA DIRECTOR 10.00 X 0 0 0 LISHUANG FANG DIRECTOR 10.00 X 0 0 0 NANCY HAIG DIRECTOR 10.00 X 0 0 0 LAURA SOILEAU DIRECTOR 10.00 X 0 0 0 BEILI WONG DIRECTOR 10.00 X 0 0 0 RANJIT SINGH TARAM SINGH DIRECTOR 10.00 X 0 0 0 MARK CARAWAN DIRECTOR 10.00 X 0 0 0 AUGUSTINO EMMANUAL MBOGELLA DIRECTOR 10.00 X 0 0 0 RENATO TRISCIUZZI DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 HAJIME YOSHITAKE DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 NEIL FRIESER DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 THOMAS SANGLIER DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 ORIANNE DUPRAT-BRIOU DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 KAREN BRADY DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 JAN PETRUS OPPERMAN DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 MARCO PETRACCHINI DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 STEPHEN J HORNE DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 J MICHAEL PEPPERS DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 KAREM T OBEID DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 SETH PETERSEN DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 ANGELA WITZANY DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 CHARLOTTA HJELM DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 SHANNON J URBAN DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 AGUST HRAFNKELSSON DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 NARENDRA KUMAR ANEJA DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 ERIC N ALLEGAKOEN DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 JOHN BENDERMACHER DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 JUERGEN ROHRMANN DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 DORON ROZENBLUM DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 QING XIA DIRECTOR (THRU 7/10/19) 10.00 X 0 0 0 ANN S COHEN SENIOR VP, CHIEF FINANCIAL OFFICER 40.00 11.00 X 379834 0 97073 CYNDI PLAMONDON SENIOR VP, CKO (THRU 12/11/19) 40.00 11.00 X 532809 0 44626 CHARLES REDDING EVP, CHIEF INFORMATION OFFICER 40.00 1.00 X 457674 0 105423 WILLIAM MICHALISIN EVP, CHIEF OPERATIONS OFFICER 40.00 1.00 X 449544 0 105240 MONICA GRIFFIN SENIOR VP, CHIEF MARKETING OFFICER 40.00 1.00 X 301923 0 80677 JIM PELLETIER VP, STANDARDS & PROF. KNOW 40.00 X 255040 0 67231 YING BI SENIOR VP, CERTIFICATIONS & GLOBAL DEVELOPMENT 40.00 X 232872 0 56158 GREGORY JAYNES VP & CHIEF RISK OFFICER 40.00 X 216534 0 32121 LISA HIRTZINGER SENIOR VP, TRAINING & DEVELOPMENT 40.00 X 212565 0 40037 MATTHEW MARCIAL VP CONFERENCE & EVENT OPS 40.00 X 199068 0 48166 4012458 0 708243 51 0 1 0 NCS PEARSON INC 13036 COLLECTIONS CENTER DR CHICAGO IL 60693 PROFESSIONAL TESTING SERVICES 3069707 ARAMARK CORPORATION 800 W KATELLA AVE ANAHEIM CA 92802 CATERING SERVICES 1260855 R21 HOLDINGS LLC 400 E PRATT STREET 11TH FLOOR BALTIMORE MD 21275 INFORMATIONAL TECHNOLOGY 695852 AV MEDIA INC 9401 SOUTHRIDGE PARK COURT ORLANDO FL 32819 EVENT SERVICES 669823 P & M TECH SOLUTION PO BOX 1833 ACCOUNTS RECEIVABLE WINTER PARK FL 32790 INFORMATIONAL TECHNOLOGY 656685 16 LEARNING SOLUTIONS 541900 21965625 21965625 CERTIFICATIONS 541900 18207169 18207169 MEMBERSHIP 541900 18202880 18202880 QUALITY SERVICES 541900 2080793 2080793 OTHER PROGRAM REVENUE 541900 476931 476931 60933398 1380005 1380005 590510 590510 2174106 2075496 98610 98610 98610 63002523 61523908 0 1478615 X 85007 45434 3372675 17790047 1398247 2627995 1381093 197490 196575 125104 89200 8863465 163961 5512067 1347451 7181298 1121 3690904 1255123 206035 PROJECT EXPENSE 1700000 OTHER EXPENSES 601571 EMPLOYMENT EXPENSE 401525 DUES & SUBSCRIPTIONS 158313 192363 58584064 18917297 20942354 1158754 694318 4375727 2770912 3110059 8022008 11195261 7824614 4067997 3370647 40118130 47128255 3322242 760691 75070206 83689185 7718035 7217212 12518858 12674904 2958364 2762714 23195257 22654830 X 51874949 61034355 51874949 61034355 75070206 83689185 4418459 5325440 -584493 0 X X 0 1 X 1 0 0 0 0 12933173 125104 125104 125104 2344546 790295 1554251 2748813 1747062 1001751 6101902 5287257 814645 3370647 MUTUAL FUNDS 47128255 F 47128255 DEFERRED EMPLOYEE COMPENSATION 683425 OTHER LIABILITIES 2079289 2762714 X PART X, LINE 2: THE INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE INTERNAL REVENUE CODE SECTION 501(A) AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(6) AND FROM STATE INCOME TAX PURSUANT TO STATE LAW. THE INSTITUTE FOLLOWS ACCOUNTING STANDARDS RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT ASSESSED WHETHER THERE WERE ANY UNCERTAIN TAX POSITIONS WHICH MAY GIVE RISE TO INCOME TAX LIABILITIES AND DETERMINED THAT THERE WERE NO SUCH MATTERS REQUIRING RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, THE INSTITUTE IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2016. 1 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ONSITE TRAINING CLASSES, MEETINGS, EXAM QUESTIONS, AND QUALITY ASSESSMENT REVIEW 220566 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES ONSITE TRAINING CLASSES, QUALITY ASSESSMENT REVIEW, MEETINGS AND EXAM QUESTIONS 293062 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES ONSITE TRAINING CLASSES, MEETINGS, AND QUALITY ASSESSMENT REVIEW 51389 NORTH AMERICA 1 5 PROGRAM SERVICES ONSITE TRAINING CLASSES, CHAPTER ALLOTMENTS, QUALITY ASSESSMENT REVIEW, AND MEETINGS 826059 NORTH AMERICA 0 0 GRANTS ALLOTMENTS TO IIA CHAPTERS 45434 SOUTH AMERICA 0 0 PROGRAM SERVICES ONSITE TRAINING CLASSES, MEETINGS, AND QUALITY ASSESSMENT REVIEW 17741 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES EXAM QUESTIONS 83616 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES EXAM QUESTIONS 9444 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES ONSITE TRAINING CLASSES, QUALITY ASSESSMENT REVIEW, MEETINGS AND EXAM QUESTIONS 24932 1 5 0 0 1 5 1547311 24932 1572243 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES JOINT TRAINING PROGRAM WITH REVENUE SHARE 24038 CASH PAYMENT NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES JOINT TRAINING PROGRAM WITH REVENUE SHARE 5489 CASH PAYMENT NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES JOINT TRAINING PROGRAM WITH REVENUE SHARE 10907 CASH PAYMENT NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES GENERAL SUPPORT 5000 CASH PAYMENT 4 0 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION PROVIDES ALLOTMENTS TO IIA CHAPTERS IN THE NORTH AMERICA REGION. PART III ACCOUNTING METHOD: 1 INTERNAL AUDIT FOUNDATION 1035 GREENWOOD BLVD STE 401 LAKE MARY FL 32746 591859804 501(C)(3) 80007 COMMON BODY OF KNOWLEDGE RESEARCH PROJECT AICPA FOUNDATION 220 LEIGH FARM RD DURHAM NC 27707 136169602 501(C)(3) 5000 GENERAL SUPPORT 2 0 PART I, LINE 2: THE ORGANIZATION OVERSEES THE ACTIVITIES OF THE INTERNAL AUDIT FOUNDATION THROUGH OVERLAPPING STAFF MEMBERS. X X 1 1 X X X X X X 1 1 0 RICHARD F CHAMBERS PRESIDENT/CEO/EX-OFFICIO 504608 0 141733 0 123454 0 28000 0 5007 0 802802 0 117358 0 ANN S COHEN SENIOR VP, CHIEF FINANCIAL OFFICER 288480 0 52000 0 39354 0 67700 0 30889 0 478423 0 37290 0 CYNDI PLAMONDON SENIOR VP, CKO (THRU 12/11/19) 231258 0 37000 0 264551 0 33936 0 14247 0 580992 0 32825 0 CHARLES REDDING EVP, CHIEF INFORMATION OFFICER 343040 0 62000 0 52634 0 78000 0 29628 0 565302 0 51530 0 WILLIAM MICHALISIN EVP, CHIEF OPERATIONS OFFICER 322787 0 60000 0 66757 0 75167 0 34973 0 559684 0 66277 0 MONICA GRIFFIN SENIOR VP, CHIEF MARKETING OFFICER 225974 0 45000 0 30949 0 53254 0 30294 0 385471 0 30235 0 JIM PELLETIER VP, STANDARDS & PROF. KNOW 204623 0 24800 0 25617 0 40939 0 28030 0 324009 0 24974 0 YING BI SENIOR VP, CERTIFICATIONS & GLOBAL D 206863 0 25000 0 1009 0 47943 0 9446 0 290261 0 0 0 GREGORY JAYNES VP & CHIEF RISK OFFICER 189678 0 24300 0 2556 0 20804 0 13267 0 250605 0 0 0 LISA HIRTZINGER SENIOR VP, TRAINING & DEVELOPMENT 187176 0 25000 0 389 0 40037 0 3058 0 255660 0 0 0 MATTHEW MARCIAL VP CONFERENCE & EVENT OPS 176222 0 22500 0 346 0 20743 0 29107 0 248918 0 0 0 PART I, LINE 1A THE PRESIDENT IS AUTHORIZED, AND THE ORGANIZATION PAID FOR, FIRST-CLASS OR BUSINESS CLASS AIRFARE FOR DOMESTIC AND INTERNATIONAL TRAVEL INCURRED BY THE PRESIDENT. PART I, LINES 4A-B SENIOR VP AND CHIEF KNOWLEDGE OFFICER CYNDI PLAMONDON RECEIVED SEVERANCE PAY OF $229,180. PART I, LINE 4B -THE FOLLOWING INDIVIDUALS PARTICIPATE IN A NONQUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. EMPLOYER CONTRIBUTIONS ARE INCLUDED IN COMPENSATION ON SCHEDULE J, PT. II, COLUMN C. EMPLOYEE CONTRIBUTION AMOUNT -------------------- ------------------- CHARLES REDDING $50,000 WILLIAM MICHALISIN 50,000 ANN COHEN 40,000 CYNDI PLAMONDON 20,000 MONICA GRIFFIN 30,000 JIM PELLETIER 20,000 LISA HIRTZINGER 20,000 YING BI 25,000 -------- TOTAL $250,000 PART II THE ORGANIZATION HAS ADOPTED AN EXECUTIVE COMPENSATION SETTING POLICY APPLICABLE TO ALL DISQUALIFIED PERSONS, INCLUDING THE ORGANIZATION'S PRESIDENT, OFFICERS, AND KEY EMPLOYEES. UNDER THE POLICY, AN INDEPENDENT COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS AND APPROVES THE COMPENSATION LEVELS OF ALL INDIVIDUALS SUBJECT TO THE POLICY. THE DELIBERATIONS AND DECISIONS OF THE COMMITTEE ARE CONTEMPORANEOUSLY SUBSTANTIATED. THE COMMITTEE UTILIZES COMPARABILITY DATA IN ITS DELIBERATIONS; UPDATED COMPARABILITY DATA IS GENERALLY OBTAINED ANNUALLY. FORM 990, PART VI, SECTION A, LINE 4 THE SIZE OF THE IIA'S BOARD OF DIRECTORS WAS REDUCED FROM 32 TO 17, INCLUDING SIX DIRECTORS FROM OUTSIDE NORTH AMERICA AND SIX DIRECTORS FROM NORTH AMERICA. DIRECTORS ARE NO LONGER REQUIRED TO BE CERTIFIED INTERNAL AUDITORS. QUORUM FOR BOARD OF DIRECTOR MEETINGS WAS REDUCED FROM 26 MEMBERS TO 12 MEMBERS GIVEN THE CHANGE IN BOARD OF DIRECTORS SIZE. OFFICERS ARE NO LONGER RESTRICTED TO A ONE-YEAR TERM. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION AND THEREFORE HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CLASSES OF THE MEMBERSHIP OF THE ORGANIZATION INCLUDE MEMBER, EDUCATIONAL MEMBER, STUDENT MEMBER, RETIRED MEMBER. ALL CLASSES OF MEMBERSHIP CAN VOTE AT MEMBERSHIP MEETINGS. FORM 990, PART VI, SECTION A, LINE 7B IF AN AMENDMENT OF THE BYLAWS OF THE ORGANIZATION IS APPROVED BY A MAJORITY OF THE BOARD OF DIRECTORS, IT MUST THEN BE APPROVED BY A MAJORITY OF THE VOTING MEMBERS BEFORE IT IS DECLARED EFFECTIVE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL AND TOP FINANCIAL OFFICIAL EACH REVIEW THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. THE FORM 990 IS ALSO REVIEWED BY THE AUDIT COMMITTEE, GLOBAL FINANCE AND INVESTMENT COMMITTEE, AND THE ENTIRE BOARD OF DIRECTORS OF THE ORGANIZATION PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH MEMBER OF THE ORGANIZATION'S GOVERNING BODY, ITS OFFICERS, AND ITS KEY EMPLOYEES ON AN ANNUAL BASIS. EACH SUCH INDIVIDUAL PROVIDES AN ANNUAL DISCLOSURE STATEMENT INDICATING THAT THEY HAVE RECEIVED, READ, UNDERSTOOD, AND AGREED TO COMPLY WITH THE POLICY, AND CERTIFYING THAT (1) THEY HAVE NO RELATIONSHIPS OR INTERESTS THAT PRESENT A CONFLICT OF INTEREST, (2) THEY HAVE ONE OR MORE CONFLICTS OF INTEREST THAT HAVE BEEN FULLY DISCLOSED AS REQUIRED BY THE POLICY AND HAVE BEEN PROPERLY ADMINISTERED IN CONFORMITY WITH THE POLICY, OR (3) THEY HAVE PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST AND DISCLOSING THE DETAILS OF SUCH CONFLICTS. ANY DISCLOSURE STATEMENT WITH PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST ARE FORWARDED TO APPROPRIATE ORGANIZATION OFFICIALS TO TAKE APPROPRIATE ACTIONS AS REQUIRED BY THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS ADOPTED AN EXECUTIVE COMPENSATION SETTING POLICY APPLICABLE TO ALL DISQUALIFIED PERSONS, INCLUDING THE ORGANIZATION'S CEO, OFFICERS, AND KEY EMPLOYEES. UNDER THE POLICY, AN INDEPENDENT COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS AND APPROVES THE COMPENSATION LEVELS OF ALL INDIVIDUALS SUBJECT TO THE POLICY. THE DELIBERATIONS AND DECISIONS OF THE COMMITTEE ARE CONTEMPORANEOUSLY SUBSTANTIATED. THE COMMITTEE UTILIZES COMPARABILITY DATA IN ITS DELIBERATIONS; UPDATED COMPARABILITY DATA IS GENERALLY OBTAINED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE OF INTERNAL AUDITORS, INC. PROVIDES, UPON REQUEST, COPIES OF ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. THE ORGANIZATION'S FINANCIAL STATEMENTS CAN ALSO BE ACCESSED VIA ITS WEBSITE FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). FORM 990, PART IX, LINE 11G PROFESSIONAL TESTING 3,047,315. WRITER/SPEAKER FEES 1,076,315. AUTHOR FEES 34,165. CIA REVIEW 1,403,494. OTHER PROFESSIONAL FEES 2,509,060. TRAVEL PROFESSIONAL FEES 793,116. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S BOARD OF DIRECTORS, OR A COMMITTEE THEREOF, ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990 SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION INSTITUTE OF INTERNAL AUDITORS, INC. 1035 GREENWOOD BLVD., STE. 401 LAKE MARY, FL 32746 EIN: 13-5532538 FOR THE TAX YEAR ENDED DECEMBER 31, 2019 THE ORGANIZATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER SECTION 1.263(A)-1(F). IIA QUALITY SERVICES LLC 1035 GREENWOOD BLVD STE 401 LAKE MARY FL 32746 461822157 QUALITY ASSURANCE SERVICES FL 2080793 1038578 THE INSTITUTE OF INTERNAL AUDITORS INC SINO CERTIFICATION LLC 1035 GREENWOOD BLVD STE 401 LAKE MARY FL 32746 823184696 CONDUCTING CERTIFICATION AND RELATED ACTIVITIES IN CHINA FL 5473725 4281322 THE INSTITUTE OF INTERNAL AUDITORS INC INTERNAL AUDIT FOUNDATION 1035 GREENWOOD BLVD STE 401 LAKE MARY FL 32746 591859804 RESEARCH & EDUCATION IN INTERNAL AUDITING DC 501(C)(3) LINE 10 THE INSTITUTE OF INTERNAL AUDITORS INC 1 CANADIAN INSTITUTE OF INTERNAL AUDITORS 1035 GREENWOOD BLVD STE 401 LAKE MARY FL 32746 DYNAMIC LEADERSHIP FOR THE CANADIAN PROFESSION OF INTERNAL AUDITING CA 501(C)(6) EQUIVALENT THE INSTITUTE OF INTERNAL AUDITORS INC 1 BOARD OF ENVIRONMENTAL HEALTH & SAFETY AUDITOR CERTIFICATIONS 1035 GREENWOOD BLVD STE 401 LAKE MARY FL 32746 311543022 ENHANCE THE ENVIRONMENTAL, HEALTH & SAFETY AUDITING PROFESSION VA 501(C)(6) THE INSTITUTE OF INTERNAL AUDITORS INC 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 INTERNAL AUDIT FOUNDATION B 80007 FMV INTERNAL AUDIT FOUNDATION D 74170 FMV INTERNAL AUDIT FOUNDATION E 86917 FMV INTERNAL AUDIT FOUNDATION O 584493 FMV INTERNAL AUDIT FOUNDATION Q 1133576 FMV BOARD OF ENVIRONMENTAL HEALTH & SAFETY AUDITOR CERTIFICATIONS Q 21897 FMV BOARD OF ENVIRONMENTAL HEALTH & SAFETY AUDITOR CERTIFICATIONS D 4312 FMV