2018-11-15T07:15:36-06:00 2017-12-31 540737372 PBMARES LLP 12150 MONUMENT DRIVE SUITE 350 FAIRFAX VA 22033 990 2017-01-01 410327400 INDEPENDENT COMMUNITY BANKERS OF AMERICA INDE 3203526546 518 LINCOLN ROAD SAUK CENTRE MN 56378 PATRICIA HOPKINS SEVP/CFO 3203526546 2018-11-09 1 KEVIN F REILLY P00543034 7033858577 2018-11-09 X 209.10.80.132 2018-11-09 09:21:32 ES P D5AF3AA71ECC53EC757D3089042B3EDD37000E5A 7E7C19A777B8B7A5EAAE63B0123C140455541FEE 2017 2018-06-14 16:35:46Z PATRICIA HOPKINS 518 LINCOLN ROAD SAUK CENTRE MN 56378 38209311 0 X WWW.ICBA.ORG X 1930 MN CREATE AND PROMOTE AN ENVIRONMENT WHERE COMMUNITY BANKS FLOURISH. 20 11 261 228 2294595 989049 0 0 27634949 27679401 157991 277586 15082410 10244025 42875350 38201012 65000 113590 0 0 23389953 23949644 0 0 0 17461635 13583445 40916588 37646679 1958762 554333 150050184 155914209 24038642 25356416 126011542 130557793 X CREATE AND PROMOTE AN ENVIRONMENT WHERE COMMUNITY BANKS FLOURISH. 0 0 PROFESSIONAL DEVELOPMENT:PUBLICATIONS-ICBA'S MANY PUBLICATIONS INFORM MEMBERS ABOUT THE TRENDS AND ISSUES AFFECTING THE COMMUNITY BANKING INDUSTRY, INCLUDING AWARD-WINNING INDEPENDENT BANKER MAGAZINE, ICBA NEWSWATCH TODAY AND ICBA MEMBER ACCESS.COMMUNITY BANKER UNIVERSITY-ICBA PROVIDES COMMUNITY BANKERS WITH EDUCATION TO MEET THEIR TECHNOLOGY, OPERATIONS AND COMPLIANCE NEEDS. ICBA OFFERS SUPERIOR SEMINARS, PRODUCTS, AND ONLINE TRAINING THAT BRINGS TOP INDUSTRY KNOWLEDGE TO MEMBERS. ALL COURSES ARE REVIEWED AND APPROVED BY A COMMITTEE OF COMMUNITY BANKERS BEFORE THEY BECOME AVAILABLE.ICBA'S ANNUAL CONVENTION IS THE BIGGEST EDUCATIONAL GATHERING FOR THE NATION'S COMMUNITY BANKERS. THE VENDOR EXPO IS A CENTERPIECE OF THE CONVENTION'S LEARNING EXPERIENCE, BRINGING THE MOST INNOVATIVE AND SUCCESSFUL COMMUNITY BANK PRODUCT SERVICES TO COMMUNITY BANKERS' FINGERTIPS.BANK DIRECTOR PROGRAM-ICBA'S BANK DIRECTOR PROGRAM OFFERS DIRECTORS ESSENTIAL INFORMATION, IN-DEPTH EDUCATIONAL PROGRAMS AND CONVENIENCE. PARTICIPANTS NETWORK WITH OTHER COMMUNITY BANK DIRECTORS FROM ACROSS THE COUNTRY TO KEEP "COMMUNITY" IN THEIR COMMUNITY BANKS.MARKETING RESOURCES-ICBA OFFERS MARKETING RESOURCE PROGRAMS DESIGNED TO HELP MEMBERS FIND COST-EFFECTIVE AND TIME-SAVING WAYS TO PROMOTE THEMSELVES.CONSUMER EDUCATION AND RESOURCES-ICBA HAS FORMED ALLIANCES WITH VARIOUS ORGANIZATIONS TO PROVIDE EDUCATION AND RESOURCES FOR MEMBERS AND THEIR COMMUNITIES. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 X 77 0 1 261 1 1 1 1 TK 0 0 1 1 0 X 20 11 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MN DC CA X PATRICIA HOPKINS 3203526546 518 LINCOLN ROAD SAUK CENTRE MN 56378 JOHN H BUHRMASTER PAST CHAIRMAN 1.00 0.00 X 19358 0 0 PRESTON KENNEDY VICE-CHAIRMAN 1.00 0.00 X X 22734 0 0 JOHN V EVANS JR DIRECTOR 1.00 0.00 X 3508 0 0 STEVEN J HANDKE DIRECTOR 1.00 0.00 X 0 0 0 CAMDEN R FINE PRESIDENT/CEO 40.00 0.00 X X 2510601 0 181789 JEFFREY L GERHART PAST CHAIRMAN 1.00 1.00 X 1963 0 0 JACK A HARTINGS PAST CHAIRMAN 1.00 1.00 X 20053 2614 0 WILLIAM A LOVING JR PAST CHAIRMAN 1.00 1.00 X 10857 4495 0 G SCOTT MCCOMB DIRECTOR 1.00 0.00 X 0 1670 0 REBECA ROMERO RAINEY IMMEDIATE PAST CHAIRMAN 1.00 1.00 X X 142447 0 0 DEREK B WILLIAMS TREASURER 1.00 0.00 X X 11078 0 0 ROBERT L PAGE DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER JORDAN SECRETARY 1.00 0.00 X X 2820 0 0 MARTI TOMSON RODAMAKER DIRECTOR 1.00 0.00 X 0 0 0 KATHRYN UNDERWOOD DIRECTOR 1.00 0.00 X 2893 2236 0 TIMOTHY K ZIMMERMAN CHAIRMAN-ELECT 1.00 1.00 X X 32329 2885 0 R SCOTT HEITKAMP CHAIRMAN 1.00 1.00 X X 61074 4734 0 MARK HESSER DIRECTOR 1.00 0.00 X 2556 0 0 LUCAS WHITE DIRECTOR 1.00 0.00 X 1202 0 0 ROBERT FISHER DIRECTOR 1.00 0.00 X 2189 0 0 MARK A RAITOR SR EVP, CHIEF OPERATING OF 40.00 0.00 X 353805 0 207237 PATRICIA M HOPKINS SR EVP/CFO 20.00 20.00 X 358370 358370 229920 KAREN M THOMAS SR EVP, GOVERNMENT RELATIO 40.00 0.00 X 553919 0 242920 TERRY JORDE SR EVP, CHIEF OF STAFF 40.00 0.00 X 597424 0 108014 LOUGHLIN CLEARY VP, NORTHEAST REGION 40.00 0.00 X 270045 0 39508 PAUL G MERSKI GROUP EVP, CONGRESSIONAL RELATIONS 40.00 0.00 X 358790 0 217963 DAVID HAITHCOCK EVP, WESTERN REGIONAL OFFICE 40.00 0.00 X 298922 0 179293 CHRIS LORENCE GROUP EVP, MEMBER ENGAGEMENT 40.00 0.00 X 285450 0 266620 VIVECA WARE GROUP EVP, REGULATORY POLICY 40.00 0.00 X 275707 0 301246 6200094 377004 1974510 46 0 1 0 PRODUCTION RESOURCES GROUP LLC 6050 S VALLEY BLVD LAS VEGAS NV 89118 AUDIO VISUAL 904775 TR RUPLI & ASSOCIATES INC 7311 LINGANORE COURT MCLEAN VA 221022140 PROFESSIONAL CONSULTING 740995 GLOBAL EXPERIENCE SPECIALISTS INC PO BOX 96174 CHICAGO IL 60693 PROFESSIONAL CONSULTING 379251 HOLLIER & ASSOCIATES 400 N CAPITOL ST NW STE 585 WASHINGTON DC 200011502 PROFESSIONAL CONSULTING 228000 DECHERT LLP PO BOX 7247-6643 PHILADELPHIA PA 191706643 PROFESSIONAL CONSULTING 215845 12 MEMBERSHIP 900099 16977174 16977174 CONVENTIONS/SEMINARS/INFO CTR 900099 8732037 8732037 ADVERTISING 541800 1702535 1702535 GOVERNMENT RELATIONS 900099 179559 179559 BANK MARKETING SUPPORT 900099 88096 88096 27679401 272510 1361 271149 9913419 282468 9630951 13375 8299 5076 5076 5076 ISN SERVICE CONTRACT 900099 308231 308231 OTHER 900099 22375 22375 330606 38201012 25999241 2294595 9907176 113590 4906060 13456851 2230006 2404782 951945 28341 46350 1128683 165983 778593 646122 753773 1410959 832135 5702087 1145773 133542 TAXES - UBI TAX 435681 EXP ALLOCATED TO SUBSID -4625669 GOVERNMENT RELATIONS 1432720 PUBLICATIONS 1029114 2539258 37646679 3814740 5197692 41133870 59326708 5648520 4287335 6221190 7051190 2016146 1266132 13953629 11740001 3171798 2213628 86190219 75361082 1853701 1210442 150050184 155914209 4388955 4978771 18750473 19562250 899214 815395 24038642 25356416 X 0 0 0 0 126011542 130557793 126011542 130557793 150050184 155914209 X 554333 -5001 3996919 X X 0 1 X 1 0 0 0 1 15822598 6470736 -640397 5830339 5709824 120515 PART I-A, LINE 1: ICBA WORKS IN WASHINGTON TO PROTECT THE INTERESTS OF COMMUNITY BANKS BY MONITORING AND INFLUENCING NUMEROUS FEDERAL ACTIVITIES THAT WILL AFFECT COMMUNITY BANKS AND THEIR CUSTOMERS. THERE IS A BROAD REACH WITH LAWMAKERS, REGULATORS, AND POLICY-SETTING BOARDS AND WORKING WITH THESE BODIES ENSURES THAT THE NEEDS OF THE COMMUNITY BANKERS ARE HEARD AND MET. 26100 26100 686111 684869 1242 3801140 2970746 830394 9440278 8084386 1355892 2213628 74461616 C PRINCIPAL FINANCIAL TRUST ACCOUNT 899466 C 75361082 DEFERRED LEASE INCENTIVE 815395 815395 X 37456326 0 37456326 744686 744686 38201012 36901993 0 36901993 744686 744686 37646679 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC), WITH THE EXCEPTION OF CERTAIN UNRELATED BUSINESS INCOME, WHICH IS SUBJECT TO TAX. UNDER THE CURRENT PROVISIONS OF IRC SECTION 512(B), UNRELATED BUSINESS TAXABLE INCOME, PAYMENTS RECEIVED FROM CONTROLLED SUBSIDIARIES ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX ONLY TO THE EXTENT THEY ARE IN EXCESS OF THE FAIR MARKET VALUE OF THE PAYMENT. MANAGEMENT HAS CONDUCTED A 482 TRANSFER PRICING STUDY AND AS A RESULT OF THAT STUDY DETERMINED THAT THE ROYALTIES DO NOT EXCEED FAIR MARKET VALUE AND ARE THEREFORE, NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, "INCOME TAXES", PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ASSOCIATION'S MANAGEMENT HAS EVALUATED THE IMPACT OF THIS GUIDANCE TO ITS FINANCIAL STATEMENTS. THE ASSOCIATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. THE ASSOCIATION'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFY INCOME NETTED WITH EXPENSES ON FINANCIAL STATEMENTS 744,686. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFY INCOME NETTED WITH EXPENSES ON FINANCIAL STATEMENTS 744,686. 1 US CAPITOL HISTORICAL SOCIETY 200 MARYLAND AVENUE NE WASHINGTON DC 20002 520796820 501 (C) (3) 29255 GENERAL OPERATIONS OF THE ORGANIZATION, WHICH SUPPORTS THE PROMOTION OF THE HISTORY OF THE U.S. CAPITOL AND CONGRESS. THE CREATIVE COALITION 105 MADISON AVE 11TH FLOOR NEW YORK NY 100167418 133517803 501 (C) (3) 81000 GENERAL OPERATIONS OF THE ORGANIZATION, WHICH HELPS THE CREATIVE COMMUNITY LEARN ABOUT PRESSING ISSUES SO THEY CAN BETTER INFORM THE PUBLIC AND THE NATION. 2 0 PART I, LINE 2: ICBA DOES NOT MONITOR THE USE OF THE ASSISTANCE (CHARITABLE CONTRIBUTION). X X X X X 1 1 X X X X X X 0 0 0 CAMDEN R FINE PRESIDENT/CEO 1800000 0 200000 0 510601 0 159200 0 22589 0 2692390 0 0 0 MARK A RAITOR SR EVP, CHIEF OPERATING OF 339808 0 0 0 13997 0 184200 0 23037 0 561042 0 0 0 PATRICIA M HOPKINS SR EVP/CFO 239350 239350 35000 35000 84020 84020 207200 0 22720 0 588290 358370 0 0 KAREN M THOMAS SR EVP, GOVERNMENT RELATIO 465000 0 55000 0 33919 0 220200 0 22720 0 796839 0 0 0 TERRY JORDE SR EVP, CHIEF OF STAFF 480000 0 83818 0 33606 0 85200 0 22814 0 705438 0 0 0 LOUGHLIN CLEARY VP, NORTHEAST REGION 120000 0 149817 0 228 0 16189 0 23319 0 309553 0 0 0 PAUL G MERSKI GROUP EVP, CONGRESSIONAL RELATIONS 337500 0 20000 0 1290 0 195200 0 22763 0 576753 0 0 0 DAVID HAITHCOCK EVP, WESTERN REGIONAL OFFICE 281972 0 7500 0 9450 0 155895 0 23398 0 478215 0 0 0 CHRIS LORENCE GROUP EVP, MEMBER ENGAGEMENT 265000 0 20000 0 450 0 243900 0 22720 0 552070 0 0 0 VIVECA WARE GROUP EVP, REGULATORY POLICY 255000 0 18494 0 2213 0 278300 0 22946 0 576953 0 0 0 CAMDEN FINE PRESIDENT/CEO 2009 SPLIT DOLLAR INSURANCE PREMIUM X 635000 635000 0 1 1 CAMDEN FINE PRESIDENT/CEO 2010 SPLIT DOLLAR INSURANCE PREMIUM X 635000 635000 0 1 1 CAMDEN FINE PRESIDENT/CEO 2011 SPLIT DOLLAR INSURANCE PREMIUM X 635000 635000 0 1 1 CAMDEN FINE PRESIDENT/CEO 2012 SPLIT DOLLAR INSURANCE PREMIUM X 1860000 1860000 0 1 1 CAMDEN FINE PRESIDENT/CEO 2015 SPLIT DOLLAR INSURANCE PREMIUM X 635000 635000 0 1 1 PATRICIA HOPKINS SR EVP/CFO 2015 SPLIT DOLLAR INSURANCE PREMIUM X 1821190 1821190 0 1 1 TERRY JORDE SR EVP, CHIEF OF STAFF 2017 SPLIT DOLLAR INSURANCE PREMIUM X 830000 830000 0 1 1 7051190 FORM 990, PART V, LINE 4A A SUBSIDIARY OF THE ORGANIZATION FILED THE REQUIRED FINCEN FORM 114. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE ASSOCIATION IS EITHER "ACTIVE OR "HONORARY". ACTIVE MEMBERS ARE A COMMUNITY BANK OR OTHER COMMUNITY FINANCIAL INSTITUTION WHICH SUPPORTS AND ADHERES TO THE PRINCIPLES AND PURPOSES OF THIS ASSOCIATION. HONORARY MEMBER MAY BE CONFERRED ON ANY INDIVIDUALS OR ORGANIZATION BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE CHAIRMAN-ELECT, VICE CHAIRMAN, SECRETARY AND TREASURER SHALL BE ELECTED ANNUALLY BY THE BOARD OF DIRECTORS AT THE BOARD OF DIRECTORS MEETING HELD IN CONJUNCTION WITH THE GENERAL CONVENTION. TO BE ELIGIBLE FOR ELECTION, CANDIDATES MUST BE EXECUTIVE OFFICERS OF AN ACTIVE MEMBER OR THE PARENT OF AN ACTIVE MEMBER. THE NOMINATING COMMITTEE SHALL EACH YEAR REVIEW ELIGIBLE CANDIDATES AND PROPOSE TO THE BOARD OF DIRECTORS ONE QUALIFIED NOMINEE FOR EACH ELECTIVE OFFICE. FORM 990, PART VI, SECTION A, LINE 7B THE EXECUTIVE COMMITTEE SELECTS THE TIME AND PLACE FOR THE GENERAL CONVENTION OF THE ASSOCIATION. THE EXECUTIVE COMMITTEE IS VESTED WITH THE MANAGEMENT OF THE ASSOCIATION BETWEEN GENERAL CONVENTIONS. ITS SOVEREIGNTY IS SECOND ONLY TO THAT OF THE GENERAL CONVENTIONS. IT SHALL HAVE THE POWER TO FILL ANY VACANCIES THAT MAY OCCUR IN ANY OF THE OFFICES OF THE ASSOCIATION AND IN THE MEMBERSHIP OF THE COMMITTEE. IT SHALL PROVIDE THE RULES AND REGULATIONS FOR THE CONDUCT OF THE ASSOCIATION'S AFFAIRS. FORM 990, PART VI, SECTION B, LINE 11B ICBA'S MANAGEMENT, WHICH INCLUDES CERTIFIED PUBLIC ACCOUNTANTS, PREPARED THE RETURN AND THEN CONDUCTED SEVERAL INTERNAL REVIEWS OF THE COMPLETED FORM 990 PRIOR TO FILING WITH THE IRS. A COPY OF THE FORM 990, INCLUDING ALL REQUIRED SCHEDULES, IS PROVIDED TO MEMBERS OF THE GOVERNING BODY UP ON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ELECTED DIRECTORS ARE ASKED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 ICBA PERIODICALLY ENGAGES AN INDEPENDENT CONSULTANT TO CONDUCT A COMPENSATION STUDY OF ALL ASSOCIATION POSITIONS, INCLUDING EXECUTIVE STAFF. THIS STUDY INCLUDES A COMPREHENSIVE MARKET ANALYSIS OF DATA FROM SEVERAL SOURCES TO ENSURE THAT THE COMPENSATION LEVELS ARE COMPETITIVE WITH THE EXTERNAL MARKET. THE MOST RECENT STUDY WAS CONDUCTED IN JULY 2015. FOR THE CEO POSITION, COMPENSATION DATA IS REVIEWED FOR CHIEF EXECUTIVES AT COMPARABLE ORGANIZATIONS (AS REPORTED ON FORM 990) AS AN ADDITIONAL DATA SOURCE. AS A FINAL STEP, THE ASSOCIATION'S EXECUTIVE COMMITTEE REVIEWS AND APPROVES COMPENSATION RECOMMENDATIONS FOR ALL OFFICERS AND KEY EMPLOYEES ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT ARE NOT AVAILABLE TO THE PUBLIC, HOWEVER, THEY ARE MADE AVAILABLE TO THE MEMBERS OF THE BOARD OF DIRECTORS AND STAFF OF ICBA. FORM 990, PART XI, LINE 9: EQUITY IN EARNINGS OF SUBSIDIARY 3,996,919. FORM 990, PART XII, LINE 2C AUDIT COMMITTEE - THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT SELECTS THE INDEPENDENT ACCOUNTANT. ICBA SERVICES NETWORK INC 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 541444840 HOLDING COMPANY DE ICBA CONSOLIDATED HOLDINGS INC C -970861 62763634 1.00000 1 ICBA SECURITIES CORPORATION 775 RIDGE LAKE BLVDSUITE 175 MEMPHIS TN 38120 061253210 SECURITIES BROKER DE ICBA SERVICES NETWORK INC C -3058 716549 1.00000 1 ICBA BANCARD INC 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 521439424 SERVICES DE ICBA SERVICES NETWORK INC C 2919499 147174437 1.00000 1 TCM BANK NA 2701 N ROCKY POINT DRIVE SUITE 600 TAMPA FL 33607 593476606 BANKING FL ICBA BANCARD INC C 1678483 336171617 1.00000 1 ICBA REINSURANCE COMPANY LTD 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 980196531 SERVICES AZ ICBA SERVICES NETWORK INC C 826665 11861258 1.00000 1 ICBA CONSOLIDATED HOLDINGS INC 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 274374508 HOLDING COMPANY DE INDEPENDENT COMMUNITY BANKERS OF AMERICA C 286782 227404407 1.00000 1 1 0 0 0 0 1 0 0 0 1 0 1 0 1 1 0 1 0 0 ICBA BANCARD INC A 2453180 ACTUAL AMOUNT INCURRED ICBA BANCARD INC Q 6257526 ACTUAL AMOUNT INCURRED ICBA BANCARD INC N 439647 ACTUAL AMOUNT INCURRED ICBA BANCARD INC J 337904 ACTUAL AMOUNT INCURRED ICBA CONSOLIDATED HOLDINGS INC Q 1927186 ACTUAL AMOUNT INCURRED ICBA CONSOLIDATED HOLDINGS INC A 201505 ACTUAL AMOUNT INCURRED ICBA CONSOLIDATED HOLDINGS INC F 15000000 ACTUAL AMOUNT INCURRED ICBA REINSURANCE COMPANY LTD Q 71452 ACTUAL AMOUNT INCURRED ICBA REINSURANCE COMPANY LTD A 42403 ACTUAL AMOUNT INCURRED ICBA SECURITIES CORPORATION A 86576 ACTUAL AMOUNT INCURRED ICBA SECURITIES CORPORATION Q 403482 ACTUAL AMOUNT INCURRED ICBA SERVICES NETWORK INC Q 6350864 ACTUAL AMOUNT INCURRED ICBA SERVICES NETWORK INC N 1025887 ACTUAL AMOUNT INCURRED ICBA SERVICES NETWORK INC O 3954400 ACTUAL AMOUNT INCURRED ICBA SERVICES NETWORK INC L 1917937 ACTUAL AMOUNT INCURRED TCM BANK NA A 1022861 ACTUAL AMOUNT INCURRED TCM BANK NA Q 8339007 ACTUAL AMOUNT INCURRED