2018-11-15T08:36:33-06:00 2017-12-31 222428965 CITRIN COOPERMAN & COMPANY LLP 2 BETHESDA METRO CENTER 11TH FLOOR BETHESDA MD 20814 990 2017-01-01 237309986 INSTITUTE OF INTERNATIONAL CONTAINER LESSORS LTD INST 2022239800 1120 CONNECTICUT AVE NW NO 440 WASHINGTON DC 20036 STEVE BLUST PRESIDENT 2022239800 2018-11-15 1 ROBERT N THOMPSON P01389483 3016549000 38.108.113.34 2018-11-15 07:55:44 ES P 36A44C46E491E38FB22665E7D0434AFD2A77AC22 D513721559919253B6AF48BCC18EC3BB4810424D 2017 2019-02-21 02:37:17Z STEVE BLUST 1120 CONNECTICUT AVE NW 440 WASHINGTON DC 200363946 1270866 0 X WWW.IICL.ORG X 1972 DE TO PROMOTE THE INTERESTS OF ITS MEMBERS AND IMPROVE CONDITIONS WITHIN THE CONTAINER AND CHASSIS LEASING INDUSTRY. 9 9 3 25 0 0 0 0 1252971 1095744 69 68 95535 102161 1348575 1197973 7925 7500 0 0 627886 643334 0 0 0 582709 540458 1218520 1191292 130055 6681 741167 714566 126071 92789 615096 621777 TO PROMOTE THE INTERESTS OF ITS MEMBERS AND IMPROVE CONDITIONS WITHIN THE CONTAINER AND CHASSIS LEASING INDUSTRY. 0 0 EXAMINATIONS AND COURSES - THERE WERE 721 INSPECTORS CERTIFIED DURING 2017. THERE WERE 9 SCHEDULED COURSES DURING THE YEAR. 0 0 0 1 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 3 1 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X THE INSTITUTE 2022239800 1120 CONNECTICUT AVE NW STE 440 WASHINGTON DC 200363946 KEITH LOVETRO CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 GEORGE M ELKAS TREASURER 1.00 X X 0 0 0 MARCO POGGIO SECOND VICE PRESIDENT 1.00 X X 0 0 0 KATHERINE MCCABE FIRST VICE PRESIDENT 1.00 X X 0 0 0 VICTOR GARCIA MEMBER AT LARGE 1.00 X 0 0 0 WILLIAM SHEA JR MEMBER AT LARGE 1.00 X 0 0 0 BRIAN SONDEY DIRECTOR 1.00 X 0 0 0 STEVE BLUST PRESIDENT/SECRETARY 40.00 X X 285948 0 36078 ROBERT SAPPIO MEMBER AT LARGE 1.00 X 0 0 0 PHILIP BREWER MEMBER AT LARGE 1.00 X 0 0 0 GARY DANBACK TECHNICAL SERVICES DIRECTO 40.00 X 180193 0 5619 466141 0 41697 2 0 1 0 0 MEMBERSHIP DUES AND AS 900099 589654 589654 CONTAINER INSPECTORS' 611600 392655 392655 CONTINUING PROFESSIONA 611600 81360 81360 CHASSIS INSPECTORS' EX 611600 32075 32075 1095744 68 68 175054 72893 102161 102161 1197973 1197973 0 0 2500 5000 322026 265528 5629 20463 29688 139158 73838 2850 2383 70978 12295 58368 11094 115032 12883 15197 OTHER PROGRAM EXPENSES 19845 OTHER MGT & GENERAL EXP 6537 1191292 300 300 625253 517442 27132 37332 23338 21587 23517 24255 51961 22930 3143 29031 38484 84619 741167 714566 122571 92789 3500 0 126071 92789 X 615096 621777 615096 621777 741167 714566 6681 0 X X 0 1 X 1 0 0 0 0 14444 14444 14444 -14444 2918 2918 0 49043 20012 29031 29031 IICL TRADEMARK 5238 SECURITY DEPOSIT - WASH. DC 4408 OVERVIEW VIDEO IICL 6 35550 IICL 6 MANUAL 19494 REEFER GUIDE REVISIONS 3600 PEARSON VUE SET UP COST 27000 LESS: ACCUMULATED AMORTIZATION -10671 84619 X 1270866 72893 72893 1197973 0 1197973 1264185 72893 72893 1191292 0 1191292 PART X, LINE 2: THE INSTITUTE RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 740, INCOME TAXES. UNDER THIS GUIDANCE, THE INSTITUTE ASSESSES THE LIKELIHOOD, BASED ON THE TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. USING THIS GUIDANCE, MANAGEMENT BELIEVES THAT THE INSTITUTE HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2017 OR 2016. THE INSTITUTE FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD SCHEDULE D, PART XII, LINE 2D OTHER AMOUNT INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART VIII, LINE 12......$72,893 COST OF GOODS SOLD SCHEDULE D, PART XII, LINE 2D OTHER AMOUNT INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART IX, LINE 25......$72,893 COST OF GOODS SOLD CENTRAL AMERICA AND THE CARRIBEAN 4 PROGRAM SERVICES EXAMINATIONS 2757 EAST ASIA AND THE PACIFIC 5 PROGRAM SERVICES EXAMINATIONS 665 EUROPE 2 PROGRAM SERVICES EXAMINATIONS 1288 SOUTH AMERICA 3 PROGRAM SERVICES EXAMINATIONS 352 EAST ASIA AND THE PACIFIC 0 GRANTMAKING GRANTS 5000 0 14 0 0 0 14 10062 0 10062 0 0 0 0 0 0 PART I, LINE 2: GRANT MONITORING OUTSIDE THE UNITED STATES THE INSTITUTE PROVIDES SCHOLARSHIP GRANTS TO UNIVERSITY STUDENTS STUDYING INTERNATIONAL LOGISTICS AND TRANSPORTATION. THESE GRANTS ARE DIRECTLY GIVEN TO THE UNIVERSITIES FOR THE BENEFIT OF THE AWARDED STUDENTS. THE UNIVERSITIES NEED TO PROVIDE A STATUS OR PROGRESS REPORT TO THE INSTITUTE PERIODICALLY. X X X 0 0 0 STEVE BLUST PRESIDENT/SECRETARY 285948 0 0 0 0 0 9081 0 26997 0 322026 0 0 0 GARY DANBACK TECHNICAL SERVICES DIRECTO 171693 0 8500 0 0 0 5286 0 333 0 185812 0 0 0 PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE BOARD CHAIR AND TREASURER NEGOTIATED A CONTRACT WITH THE PRESIDENT WHEN HE WAS HIRED. THIS CONTRACT IS FOR MULTIPLE YEARS AND WILL BE NEGOTIATED AT THE END OF THE CONTRACT PERIOD. THE BOARD CHAIR AND TREASURER ARE INDEPENDENT VOLUNTEER MEMBERS OF THE BOARD. FORM 990, PAGE 3, PART IV, LINE 11F THE INSTITUTE RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION 740, INCOME TAXES. UNDER THIS GUIDANCE, THE INSTITUTE ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. USING THIS GUIDANCE, MANAGEMENT BELIEVES THAT THE INSTITUTE HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2017 AND 2016. THE INSTITUTE FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. FORM 990, PART VI, SECTION A, LINE 6 GOVERNING BODY AND MANAGEMENT A MEMBER IS ANY BUSINESS WHICH IS ACTIVELY ENGAGED IN THE LEASING OF CONTAINERS OR CHASSIS AND RELATED EQUIPMENT TO CARRIERS AND OTHERS ON AN INTERNATIONAL BASIS AND WHICH IS AFFILIATED NEITHER WITH SUPPLIERS NOR CUSTOMERS OF THE CONTAINER AND CHASSIS LEASING INDUSTRY. EACH MEMBER IS ENTITLED TO ONE VOTE ON ALL QUESTIONS AT MEETINGS OF THE INSTITUTE OR UPON CIRCULATION OF QUESTIONS FOR ACTION IN WRITING. FORM 990, PART VI, SECTION A, LINE 7A A MEMBER IS ANY BUSINESS WHICH IS ACTIVELY ENGAGED IN THE LEASING OF CONTAINERS OR CHASSIS AND RELATED EQUIPMENT TO CARRIERS AND OTHERS ON AN INTERNATIONAL BASIS AND WHICH IS AFFILIATED NEITHER WITH SUPPLIERS NOR CUSTOMERS OF THE CONTAINER AND CHASSIS LEASING INDUSTRY. EACH MEMBER IS ENTITLED TO ONE VOTE ON ALL QUESTIONS AT MEETINGS OF THE INSTITUTE OR UPON CIRCULATION OF QUESTIONS FOR ACTION IN WRITING. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 PROVIDED TO THE GOVERNING BODY THE BOARD OF DIRECTORS HAS DELEGATED REVIEW OF THE FORM 990 TO THE TREASURER AND PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE REGULARLY MONITORS COMPLIANCE WITH THE POLICY THROUGH DISCUSSION DURING ANNUAL MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A PROCESS FOR DETERMINING COMPENSATION THE BOARD CHAIR AND TREASURER NEGOTIATED A CONTRACT WITH THE PRESIDENT WHEN HE WAS HIRED. THIS CONTRACT IS FOR MULTIPLE YEARS AND WILL BE NEGOTIATED AT THE END OF THE CONTRACT PERIOD. THE BOARD CHAIR AND TREASURER ARE INDEPENDENT VOLUNTEER MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS FORM 990 AND FORM 1024 WILL BE MADE AVAILABLE UPON REQUEST . FORM 990, PART XII, LINE 2C THE INSTITUTE DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.