AMERICAN INVESTMENT COUNCIL: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
AMERICAN INVESTMENT COUNCIL (EIN 87-0792910)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-13
IRS object ID
201933179349308523
Schema version
2018v3.1
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)
Return2019-11-13T15:33:11-08:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Lane & Company CPAsBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11717 Pennsylvania Avenue NW Suite 4AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN870792910EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN INVESTMENT COUNCILBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone2024657700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1799 9TH STREET NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDREW MALONEYPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone2024657700PhoneNum
Signature2019-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT E LANEPreparerPersonNm
PTINP01622353PTIN
Phone2024636500PhoneNum
Preparation2019-11-13PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address208.82.213.4IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-13IPDt
IP Tm15:32:59IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id08CFD1AD8CBCC6749B8F9123897879BF0476B103AtSubmissionCreationDeviceId
At Submission Filing Device Id6C9B1A35775087DBDB8A6D25ECA509C7F6C27838AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDREW MALONEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1799 9TH STREET NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,260,550GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.INVESTMENTCOUNCIL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionWE ADVANCE ACCESS TO CAPITAL, JOB CREATION, RETIREMENT SECURITY, INNOVATION, AND ECONOMIC GROWTH IN THE UNITED STATES BY PROMOTING RESPONSIBLE LONG-TERM INVESTMENT.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee17TotalEmployeeCnt
Total Volunteers16TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$9,812,991PYProgramServiceRevenueAmt
CY Program Service Revenue$9,282,414CYProgramServiceRevenueAmt
PY Investment Income$28,336PYInvestmentIncomeAmt
CY Investment Income$34,267CYInvestmentIncomeAmt
PY Other Revenue$70,718PYOtherRevenueAmt
CY Other Revenue$943,869CYOtherRevenueAmt
PY Total Revenue$9,912,045PYTotalRevenueAmt
CY Total Revenue$10,260,550CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,266,720PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,357,728CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$5,663,402PYOtherExpensesAmt
CY Other Expenses$4,108,645CYOtherExpensesAmt
PY Total Expenses$9,930,122PYTotalExpensesAmt
CY Total Expenses$8,466,373CYTotalExpensesAmt
PY Revenues Less Expenses-$18,077PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,794,177CYRevenuesLessExpensesAmt
Total Assets BOY$5,664,300TotalAssetsBOYAmt
Total Assets EOY$6,069,208TotalAssetsEOYAmt
Total Liabilities BOY$2,990,040TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,600,771TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,674,260NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,468,437NetAssetsOrFundBalancesEOYAmt
MissionWE ADVANCE ACCESS TO CAPITAL, JOB CREATION, RETIREMENT SECURITY, INNOVATION, AND ECONOMIC GROWTH IN THE UNITED STATES BY PROMOTING RESPONSIBLE LONG-TERM INVESTMENT.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescTHE GOVERNMENT AFFAIRS DEPARTMENT CONCENTRATES ITS EFFORTS ON LEGISLATIVE AND REGULATORY PRIORITIES IMPORTANT TO THE PRIVATE EQUITY INDUSTRY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescTHE PUBLIC AFFAIRS DEPARTMENT PRODUCES CONTENT TO COMMUNICATE THE BENEFITS OF THE PRIVATE EQUITY INDUSTRY TO STAKEHOLDERS. THE TEAM MAINTAINS WORKING RELATIONSHIPS WITH FINANCIAL REPORTERS AND RESPONDS TO MEDIA REQUESTS, AND IS RESPONSIBLE FOR UPDATES ON THE COUNCIL'S WEBSITE AND SOCIAL MEDIA CHANNELS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescTHE RESEARCH DEPARTMENT CONCENTRATES ITS EFFORTS ON EDUCATING POLICYMAKERS AND THE PUBLIC ON THE PRIVATE EQUITY INDUSTRY THROUGH THE PRODUCTION OF RESEARCH PUBLICATIONS.Desc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document23IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee17EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DREW MALONEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2024657700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1799 9TH STREET NW STE 200AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
KEVIN ALBERT
DIRECTOR1.00Yes (X)$0$0$0
BRADFORD BERENSON
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL BERK
DIRECTOR1.00Yes (X)$0$0$0
WAYNE BERMAN
DIRECTOR1.00Yes (X)$0$0$0
GLENN CREAMER
DIRECTOR1.00Yes (X)$0$0$0
BEHDAD EGHBALI
DIRECTOR1.00Yes (X)$0$0$0
GORDON GOLDSTEIN
DIRECTOR1.00Yes (X)$0$0$0
PAMELA HENDRICKSON
DIRECTOR1.00Yes (X)$0$0$0
JOHN JORDAN II
DIRECTOR1.00Yes (X)$0$0$0
KENNETH MEHLMAN
DIRECTOR1.00Yes (X)$0$0$0
DAVID MARCHICK
DIRECTOR1.00Yes (X)$0$0$0
CHRISTIAN MCGRATH
DIRECTOR1.00Yes (X)$0$0$0
ROSS OLIVER
DIRECTOR1.00Yes (X)$0$0$0
JOHN SUYDAM
DIRECTOR1.00Yes (X)$0$0$0
MARK TRESNOWSKI
DIRECTOR1.00Yes (X)$0$0$0
STEVEN KLINSKY
CHAIRMAN1.00Yes (X)$0$0$0Yes (X)
MICHAEL SOMMERS
PRESIDENT & CEO (END JUN. 2018)40.00Yes (X)$549,792$0$43,494Yes (X)
DREW MALONEY
PRESIDENT & CEO (START AUG. 2018)40.00Yes (X)$706,123$0$28,945Yes (X)
ROBERT LANE
TREASURER1.00$90,450$0$0Yes (X)
JASON MULVIHILL
GENERAL COUNSEL40.00$793,902$0$65,694Yes (X)
NEGRA HUSIKIC
SECRETARY, DIRECTOR OF FINANCE & OPS40.00$180,413$0$29,974Yes (X)
BRONWYN BAILEY
V.P. RESEARCH & INVESTOR RELATIONS (END SEPT. 2018)40.00$443,519$0$47,733Yes (X)
EMILY SCHILLINGER
V.P. PUBLIC AFFAIRS40.00$317,442$0$18,490Yes (X)
HEATH HALL
DIRECTOR, GRASSROOTS & GOV'T AFFAIRS (END OCT. 2018)40.00$219,451$0$43,560Yes (X)
MARIE D FENTON
DIRECTOR, MEMBERSHIP & EVENTS40.00$110,239$0$47,568Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,411,331TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$325,458TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K8IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CGCN GROUP LLC
1101 K ST NW STE 800WASHINGTONDC20005PUBLIC AFFAIRS$774,775
DEBEVOISE PLIMPTON LLP
919 THIRD AVEWASHINGTONDC20001GOVERNMENT AFFAIRS$360,392
CAPITOL TAX PARTNERS
101 CONSTITUTION AVE NW STE 675EWASHINGTONDC20001GOVERNMENT AFFAIRS$295,000
AKIN GUMP STRAUSS HAUER FELD LLP
2001 K STREET NWWASHINGTONDC20006PUBLIC AFFAIRS$102,927
REVOLUTION MEDIA GROUP
1020 PRINCESS STALEXANDRIADC22314PUBLIC AFFAIRS$101,913
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
MEMBERSHIP DUES900099$9,227,914$0$0
PROGRAM SERVICE REVENUE900099$54,500$0$0
FieldValueIRS element (for citing)
Total Program Service Revenue$9,282,414TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$34,267TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$34,267ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$29,640RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$29,640RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,640TotalRevenueColumnAmt
Exclusion$29,640ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescFORGIVENESS OF DEBTDesc
Business900099BusinessCd
Total Revenue Column$914,229TotalRevenueColumnAmt
Related Or Exempt Func Income$914,229RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$914,229OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,260,550TotalRevenueColumnAmt
Related Or Exempt Func Income$10,196,643RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$63,907ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,398,138TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,544,754TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$104,248TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$162,560TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$148,028TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$107,201TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$110,145TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$815,778TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,684,472TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$96,636TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$57,184TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$560,861TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$180,863TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$150,417TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$102,868TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$11,541TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
RESEARCH & SUBSCRIPTIONS$144,029$0$0$0
PAC ADMINISTRATION FEES$43,582$0$0$0
TRAINING/PAYROLL ADMIN.$37,882$0$0$0
MEMBERSHIPS$5,186$0$0$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,466,373TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,039,690BOYAmt
EOY$1,821,931EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,384,624BOYAmt
EOY$3,418,748EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$387,036BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$93,164BOYAmt
EOY$114,711EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,239,606LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$612,013LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$687,812BOYAmt
EOY$627,593EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$71,974BOYAmt
EOY$86,225EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,664,300BOYAmt
EOY$6,069,208EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$488,529BOYAmt
EOY$391,453EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$521,398BOYAmt
EOY$196,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,980,113BOYAmt
EOY$1,013,318EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,990,040BOYAmt
EOY$1,600,771EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,674,260BOYAmt
EOY$4,468,437EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,674,260BOYAmt
EOY$4,468,437EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,664,300BOYAmt
EOY$6,069,208EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,794,177ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (true)AgreeCarryoverPriorYearInd
Dues Assessments$9,227,914DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$1,664,769NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov-$199,476NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$1,465,293NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$1,707,164AggregateReportedDuesNtcAmt
Taxable-$241,871TaxableAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Book Value$0BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$715,376OtherCostOrOtherBasisAmt
Depreciation$238,672DepreciationAmt
Book Value$476,704BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$517,897OtherCostOrOtherBasisAmt
Depreciation$367,008DepreciationAmt
Book Value$150,889BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,333OtherCostOrOtherBasisAmt
Depreciation$6,333DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$627,593TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED RENT$471,554
DEFERRED LEASE INCENTIVE$486,400
DEFERRED COMPENSATION PLAN$55,364
FieldValueIRS element (for citing)
Total Liability$1,013,318TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePt X, Line 2FormAndLineReferenceDesc
ExplanationU.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY AIC AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF AIC HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. AIC HAS DOCUMENTED ITS CONSIDERATION OF ITS UNCERTAIN TAX POSITIONS AND DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

Base 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
MICHAEL SOMMERS
$549,792$0$0$0$0$0$22,989$0$20,505$0$593,286$0$0$0
DREW MALONEY
$406,123$0$300,000$0$0$0$25,917$0$3,028$0$735,068$0$0$0
JASON MULVIHILL
$593,902$0$200,000$0$0$0$27,500$0$37,994$0$859,396$0$0$0
NEGRA HUSIKIC
$150,413$0$30,000$0$0$0$18,000$0$11,974$0$210,387$0$0$0
BRONWYN BAILEY
$443,519$0$0$0$0$0$27,500$0$20,233$0$491,252$0$0$0
EMILY SCHILLINGER
$248,692$0$68,750$0$0$0$17,187$0$1,303$0$335,932$0$0$0
HEATH HALL
$219,451$0$0$0$0$0$13,163$0$30,397$0$263,011$0$0$0
MARIE D FENTON
$95,239$0$15,000$0$0$0$10,993$0$36,575$0$157,807$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 6AIC HAS SIX CLASSES OF MEMBERS: PRINCIPAL, GENERAL, FUND OF FUNDS, SUPPORTING, ASSOCIATE, AND HONORARY MEMBERS. MEMBERS CONSIST OF: PRIVATE EQUITY AND GROWTH CAPITAL FIRMS, FUND OF FUNDS, AND INDUSTRY SERVICE PROVIDERS.
Pt VI, Line 7aPRINCIPAL MEMBERS HAVE AN AUTOMATIC SEAT ON THE BOARD OF DIRECTORS. GENERAL MEMBERS AND FUND OF FUNDS MEMBERS ELECT DIRECTORS TO THE BOARD.
Pt VI, Line 11bTHE COUNCIL DOES NOT PROVIDE A COPY OF THE FORM 990 TO THE GOVERNING BODY BEFORE FILING. IT IS REVIEWED AND APPROVED BY THE CEO.
Pt VI, Line 12cTHE COUNCIL REQUIRES DIRECTORS AND KEY EMPLOYEES TO DISCLOSE CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST IS IDENTIFIED DURING THIS PROCESS, THE COUNCIL SEEKS ADVISEMENT BY OUR CORPORATE COUNSEL AS WELL AS OUR TAX COUNSEL IN ORDER TO PROPERLY IDENTIFY, RESOLVE, DOCUMENT, AND REPORT THESE RELATIONSHIPS.
Pt VI, Line 15aIN DETERMINING THE CEO'S COMPENSATION, THE COUNCIL RETAINED OUTSIDE COUNSEL TO PROVIDE MARKET-BASED COMPENSATION DATA TO THE GOVERNING BOARD.
Pt VI, Line 15bIN DETERMING THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES, COMPENSATION IS BASED ON A SURVEY PROVIDED BY THE OUTSIDE COMPENSATION CONSULTANT, ASSESSING COMPARABLE POSITIONS IN COMPARABLE ORGANIZATIONS. THE BOARD HAS FINAL APPROVAL OVER COMPENSATION.
Pt VI, Line 19THE COUNCIL DOES NOT MAKE THE DOCUMENTS AVAILABLE.
Pt VIIIIN 2018, A LIABILITY DUE TO THE FOUNDING MEMBERS OF AIC WAS FORGIVEN.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN INVESTMENT COUNCIL POLITICAL ACTION COMMITTEEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1799 9TH STREET NW 200AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
EIN352406451EIN
Primary ActivitiesPOLITICAL ACTION COMMITTEEPrimaryActivitiesTxt
Legal Domicile StateDCLegalDomicileStateCd
Exempt Code Section527ExemptCodeSectionTxt
Public Charity StatusN/APublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1AICBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN INVESTMENT COUNCIL POLITICAL ACTION COMMITTEEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypePTransactionTypeTxt
Involved$43,582InvolvedAmt
Method Of Amount DeterminationFMVMethodOfAmountDeterminationTxt

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