2017-07-24T11:07:41-05:00 2016-12-31 222428965 CITRIN COOPERMAN & COMPANY LLP 2 BETHESDA METRO CENTER 11TH FLOOR BETHESDA MD 20814 990 2016-01-01 237309986 INSTITUTE OF INTERNATIONAL CONTAINER LESSORS LTD INST 2022239800 1120 CONNECTICUT AVE NW NO 440 WASHINGTON DC 20036 STEVE BLUST PRESIDENT 2022239800 2017-07-21 1 PHILIP R BAKER P00010692 3016549000 38.108.113.48 2017-07-21 15:21:19 ED P C787E3E05849A91D247DA736DF487C0EAD7876CA 811B9043C071BE902ECB03C26AD516448A1F7FA0 2016 2021-01-29 14:40:06Z STEVE BLUST 1120 CONNECTICUT AVE NW 440 WASHINGTON DC 200363946 1406286 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 20 0 0 0 0 984798 1252971 62 69 81879 95535 1066739 1348575 12310 7925 0 0 607762 627886 0 0 0 497438 582709 1117510 1218520 -50771 130055 577459 741167 92418 126071 485041 615096 TO PROMOTE THE INTERESTS OF ITS MEMBERS AND IMPROVE CONDITIONS WITHIN THE CONTAINER AND CHASSIS LEASING INDUSTRY. 0 0 EXAMINATIONS AND COURSES - THERE WERE 867 INSPECTORS CERTIFIEDDURING THE YEAR. A TOTAL OF 9 SCHEDULED COURSES AND 0 CUSTOM COURSES WERE HELD. PUBLICATIONS AND TOOLS - RELEASED REVISED REFRIGERATED CONTAINER MANUAL ON 12/1/2016. RELEASED DRY VAN CONTAINER INSPECTION MANUAL ON 10/1/2016. 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 12 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 PHILIP BREWER PAST CHAIRMAN 1.00 X 0 0 0 SIMON VERNON PRESIDENT 1.00 X X 0 0 0 GEORGE M ELKAS TREASURER 1.00 X X 0 0 0 RICHARD BARREAU DIRECTOR 1.00 X X 0 0 0 KATHERINE MCCABE DIRECTOR 1.00 X X 0 0 0 VICTOR GARCIA SECOND VICE PRESIDENT 1.00 X 0 0 0 JOSEPH KWOK MEMBER AT LARGE 1.00 X 0 0 0 KEITH LOVETRO FIRST VICE PRESIDENT 1.00 X 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 277447 0 49485 GARY DANBACK TECHNICAL SERVICES DIRECTOR 40.00 X 178025 0 24685 455472 0 74170 2 0 1 0 GRUNFELD DESIDERIO LEBOWITZ 339 PARK AVENUE NEW YORK NY 100224877 LEGAL SERVICES 104647 1 MEMBERSHIP DUES AND AS 900099 676538 676538 CONTAINER INSPECTORS' 611600 486298 486298 CONTINUING PROFESSIONA 611600 52999 52999 CHASSIS INSPECTORS' EX 611600 28400 28400 FLOORING AUDIT PROGRAM 541900 8736 8736 1252971 69 69 153246 57711 95535 95535 1348575 1348506 0 69 5425 2500 311834 258360 7998 19599 30095 212490 81790 2850 2299 59206 18962 55526 6958 100930 1871 14876 OTHER PROGRAM EXPENSES 19247 OTHER MGT & GENERAL EXP 5704 1218520 300 300 472294 625253 44453 27132 20180 23338 27303 23517 22561 19418 3714 3143 9215 38484 577459 741167 91418 122571 1000 3500 92418 126071 X 485041 615096 485041 615096 577459 741167 130055 0 X X 0 1 X 1 0 0 1 0 2918 2918 0 19643 16500 3143 3143 IICL TRADEMARK 5238 SECURITY DEPOSIT - WASH. DC 3977 OVERVIEW VIDEO IICL 6 7475 IICL 6 MANUAL 19494 REEFER GUIDE REVISIONS 3600 LESS: ACCUMULATED AMORTIZATION -1300 38484 X 1406286 57711 57711 1348575 0 1348575 1276231 57711 57711 1218520 0 1218520 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, 2016 OR 2015. THE INSTITUTE FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE INSTITUTE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD SCHEDULE D, PART XI, LINE 2D OTHER AMOUNT INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART VIII, LINE 12......$ 57,717 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......$ 57,717 COST OF GOODS SOLD 1 EUROPE 0 1 PROGRAM SERVICES EDUCATIONAL SEMINARS 4000 CENTRAL AMERICA AND THE CARRIBEAN 0 7 PROGRAM SERVICES EXAMINATIONS 2000 EAST ASIA AND THE PACIFIC 0 23 PROGRAM SERVICES EXAMINATIONS 10000 EUROPE 0 8 PROGRAM SERVICES EXAMINATIONS 4000 MIDDLE EAST AND NORTH AFRICA 0 2 PROGRAM SERVICES EXAMINATIONS 2000 NORTH AMERICA 0 3 PROGRAM SERVICES EXAMINATIONS 1000 SOUTH AMERICA 0 5 PROGRAM SERVICES EXAMINATIONS 4000 SOUTH ASIA 0 8 PROGRAM SERVICES EXAMINATIONS 5000 SUB-SAHARAN AFRICA 0 6 PROGRAM SERVICES EXAMINATIONS 2000 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING GRANTS 5000 0 57 0 6 0 63 32000 7000 39000 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 277447 0 0 0 0 0 8902 0 25485 0 311834 0 0 0 GARY DANBACK TECHNICAL SERVICES DIRECTOR 169525 0 8500 0 0 0 5816 0 685 0 184526 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 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 UNRECOGINZED 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, 2016 OR 2015. THE INSTITUTE FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE INSTITUTE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2013. 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.