2017-11-15T08:18:09-06:00 2016-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 650N BETHESDA MD 208142930 990 2016-01-01 522204208 FS-ISAC INC FS-I 3015799114 12020 SUNRISE VALLEY DR NO 230 RESTON VA 20191 ERIC GUERRINO EXECUTIVE VICE PRESIDENT 3015799114 2017-11-15 1 3019519090 75.103.231.202 2017-11-15 09:17:42 ES P 24E2B1EDDFB7997E904F8C8AA54720A5F314F67A 05B8A002FC3AE45CA51809371C09C089EBCB47A0 2016 2021-01-29 14:40:06Z WILLIAM NELSON 12020 SUNRISE VALLEY DR NO 230 RESTON VA 20191 25685178 0 X WWW.FSISAC.COM X 2003 DE SEE PART III, LINE 1. 15 15 65 15 0 0 0 0 16957605 24641057 77967 -1130310 663142 519634 17698714 24030381 340000 0 0 0 6893029 10160831 0 0 0 9946083 12862812 17179112 23023643 519602 1006738 13935452 21875543 10417223 17135899 3518229 4739644 X THE FS-ISAC'S MISSION IS TO HELP ASSURE THE RESILIENCE AND CONTINUITY OF THE GLOBAL FINANCIAL SERVICES INFRASTRUCTURE AND INDIVIDUAL FIRMS AGAINST ACTS THAT COULD SIGNIFICANTLY IMPACT THE SECTOR'S ABILITY TO PROVIDE SERVICES CRITICAL TO THE ORDERLY FUNCTIONING OF THE GLOBAL ECONOMY. THE FS-ISAC'S PRIMARY OBJECTIVE IS TO DISSEMINATE AND FOSTER THE SHARING OF RELEVANT AND ACTIONABLE INFORMATION AMONG PARTICIPANTS TO ENSURE THE CONTINUED PUBLIC CONFIDENCE IN GLOBAL FINANCIAL SERVICES. 1 1 MEMBERSHIP FEES: BASED ON LEVEL OF SERVICE, FS-ISAC MEMBERS TAKE ADVANTAGE OF A HOST OF IMPORTANT BENEFITS, INCLUDING EARLY NOTIFICATION OF SECURITY THREATS AND ATTACKS, ANONYMOUS INFORMATION SHARING ACROSS THE FINANCIAL SERVICES INDUSTRY, REGULARLY SCHEDULED MEMBER MEETINGS, AND BI-WEEKLY CONFERENCE CALLS. CONFERENCE: SEMI-ANNUAL CONFERENCE IS HELD WITH OUR MEMBERS, AFFILIATES AND SPONSORS TO NETWORK AND BRAINSTORM NEW IDEAS IN A WORKGROUP AND SEMINAR SETTING. REGIONAL EVENTS PROGRAM: FS-ISAC WANTS TO INCREASE AWARENESS IN THE FINANCIAL SERVICES INDUSTRY ABOUT THE RISKS OF ONLINE ACCOUNT TAKE-OVER. THE EXPOSURE FROM ONLINE ACCOUNT TAKE-OVER CONTINUES TO BE A SIGNIFICANT RISK TO THE INDUSTRY. FS-ISAC HAS THE GOAL OF GROWING FINANCIAL INSTITUTION MEMBERSHIP IN THE ORGANIZATION. GROWTH IN MEMBERSHIP WILL INCREASE THE KNOWLEDGE OF RISKS AND RISK MITIGATION TECHNIQUES AS WELL AS SUSTAIN DUES REVENUE FOR THE FS-ISAC. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 27 0 1 65 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 1 1 X LAURA FLEMMINGS 3015799114 12020 SUNRISE VALLEY DR NO 230 RESTON VA 20191 CRAIG FROELICH CHAIRMAN 0.20 X X 0 0 0 JASON WITTY VICE CHAIRMAN 0.20 X X 0 0 0 ROHAN M AMIN SECRETARY 0.20 X X 0 0 0 GREG TEMM TREASURER 0.20 X X 0 0 0 BYRON COLLIE BOARD MEMBER 0.20 X 0 0 0 JIM ROUTH BOARD MEMBER 0.20 X 0 0 0 JAMES KATAVOLOS BOARD MEMBER 0.20 X 0 0 0 GLENN FOSTER BOARD MEMBER 0.20 X 0 0 0 DOUG JOHNSON BOARD MEMBER 0.20 X 0 0 0 SUSAN VISMOR BOARD MEMBER 0.20 X 0 0 0 HINRICH VOLCKER BOARD MEMBER 0.20 X 0 0 0 RICK VAN LUVENDER BOARD MEMBER 0.20 X 0 0 0 SEAN FRANKLIN BOARD MEMBER 0.20 X 0 0 0 JERRY PERULLO BOARD MEMBER 0.20 X 0 0 0 VINCENT THIELE BOARD MEMBER 0.20 X 0 0 0 WILLIAM NELSON PRESIDENT AND CEO 40.00 X 650000 0 37325 ERIC GUERRINO EXECUTIVE VICE PRESIDENT 40.00 X 362000 0 37325 LAURA FLEMMINGS CHIEF FINANCIAL OFFICER 40.00 X 207300 0 25801 ROBIN FANTIN SENIOR VICE PRESIDENT 40.00 X 1377853 0 37325 JOHN CARLSON CHIEF OF STAFF 40.00 X 323750 0 29825 BRIAN TISHUK GENERAL COUNSEL 40.00 X 233300 0 22161 CINDY DONALDSON CHIEF OPERATING OFFICER 40.00 X 270000 0 37325 CHRIS RICARD SENIOR ENGINEER 40.00 X 230150 0 30330 3654353 0 257417 25 0 1 0 RAY IRVING UTAMA CONSULTING GMBH TALSTRASSE ZOLLIKERBERG SZ 30 8125 SECURITY CONSULTING 329787 JOHN SALOMON ENGESTRASSE 11 CH-3012 BERN SZ SECURITY CONSULTING 238681 ROBERT POH 96 JALAN SIMPANG BEDOK SN MEMBER SERVICES 216228 CHARLES BRETZ 2254 SHADY CREEK TRAIL VESTAVIA HILLS AL 35216 PPISC AND OTHER COMMITTEE PROG. 192123 RICK LACAFTA 225 CODFISH FALLS RD STORRSMANSFIELD CT 06268 CONFERENCE COORDINATOR 177145 12 MEMBERSHIP 900099 13055272 13055272 CONFERENCE 900099 8274426 8274426 SECTOR SERVICES REVENUE 900099 2278355 2278355 WORKSHOPS 900099 631680 631680 SECURITY AUTOMATION PROJECT 900099 205091 205091 196233 196233 24641057 104742 104742 419745 454797 1200000 -35052 -1200000 -1235052 -1235052 SOLTRA REVENUE 900099 519634 519634 519634 24030381 24641057 0 -610676 X 1319751 7271704 523446 461353 584577 295340 52161 3801297 1310304 309056 1382542 281970 285893 4268588 113094 13275 SOLTRA EXPENSES 520468 CREDIT CARD PROC. FEES 164623 PAYROLL PROC. FEES 37210 LICENSE FEES 8626 18365 23023643 348477 9601155 5989025 280377 2935635 6645695 597427 1063701 945275 361772 303697 583503 2010784 3197080 1750407 504032 13935452 21875543 2393425 3109571 7955822 13968978 67976 57350 10417223 17135899 X 3518229 4739644 3518229 4739644 13935452 21875543 X 1006738 92482 122195 0 X 0 1 X 1 0 0 1 0 210168 104159 106009 735107 257613 477494 583503 DEFERRED RENT ABATEMENT 57350 57350 X 24122863 92482 92482 24030381 0 24030381 23023643 0 23023643 0 23023643 PART X, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2016 AND 2015, FS-ISAC, INC. HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. X 0 0 0 WILLIAM NELSON PRESIDENT AND CEO 350000 0 300000 0 0 0 27825 0 9500 0 687325 0 0 0 ERIC GUERRINO EXECUTIVE VICE PRESIDENT 300000 0 62000 0 0 0 27825 0 9500 0 399325 0 0 0 LAURA FLEMMINGS CHIEF FINANCIAL OFFICER 174300 0 33000 0 0 0 16301 0 9500 0 233101 0 0 0 ROBIN FANTIN SENIOR VICE PRESIDENT 162000 0 1215853 0 0 0 27825 0 9500 0 1415178 0 0 0 JOHN CARLSON CHIEF OF STAFF 288750 0 35000 0 0 0 27825 0 2000 0 353575 0 0 0 BRIAN TISHUK GENERAL COUNSEL 216300 0 17000 0 0 0 12661 0 9500 0 255461 0 0 0 CINDY DONALDSON CHIEF OPERATING OFFICER 225000 0 45000 0 0 0 27825 0 9500 0 307325 0 0 0 CHRIS RICARD SENIOR ENGINEER 198150 0 32000 0 0 0 21330 0 9000 0 260480 0 0 0 FORM 990, PART III, LINE 2 IN 2016, FS-ISAC CONTINUED TO EXPAND ITS NON-FINANCIAL SECTOR INDUSTRIES, SECTOR SERVICES. THIS PROGRAM PROVIDES CYBER-SECURITY SERVICES TO A LIMITED NUMBER OF NON-FINANCIAL SECTOR INDUSTRIES. EACH INDUSTRY THAT RECEIVES THESE SERVICES HAS UNDERLYING BUSINESS ACTIVITIES THAT ARE INEXTRICABLY LINKED TO THE CYBERSECURITY OF THE FINANCIAL SECTOR INDUSTRY. THUS, THESE SERVICES ARE RELATED TO FS-ISAC'S MISSION OF PROTECTING THE FINANCIAL SECTOR INDUSTRY FROM CYBER-ATTACKS. FORM 990, PART III, LINE 3 IN 2016, THE ORGANIZATION ENDED ITS SPECIAL ASSESSMENT PROGRAM. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND THEN REVIEWED BY THE VP OF FINANCE AND PRESIDENT. IT WAS THEN DISTRIBUTED TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST IS PRESENT WHENEVER A DIRECTOR HAS A MATERIAL PERSONAL INTEREST IN A PROPOSED TRANSACTION OR BUSINESS OPPORTUNITY BEING CONSIDERED BY FS-ISAC. THIS INTEREST OCCURS EITHER DIRECTLY OR INDIRECTLY, AS, FOR EXAMPLE, WHERE THE DIRECTOR'S EMPLOYER OR A COMPANY UPON WHOSE BOARD THE DIRECTOR ALSO SERVES HAS A BUSINESS INTEREST ADVERSE TO THE INTEREST OF FS-ISAC. IN THESE CASES, THE DIRECTOR OR COMMITTEE MEMBER GIVES THE APPEARANCE OF HAVING DIVIDED LOYALTIES AND NOT ACTING IN THE BEST INTERESTS OF FS-ISAC. THE DUTY OF LOYALTY REQUIRES THAT A DIRECTOR BE CONSCIOUS OF THE POTENTIAL FOR CONFLICTS OF INTEREST AND ACT WITH CANDOR AND CARE IN DEALING WITH A CONFLICT PRIOR TO THE DISCUSSION OR PRESENTATION OF SUCH MATTER BEFORE THE BOARD OR COMMITTEE. EACH EMPLOYEE AND BOARD MEMBER IS ASKED TO SIGN A COI STATEMENT AT THE TIME OF HIRE/APPOINTMENT AND THEN ANNUALLY. IT IS THE POLICY OF THE FS-ISAC BOARD THAT ANY DIRECTOR HAVING AN ACTUAL OR APPARENT CONFLICT OF INTEREST IN A MATTER TO BE ACTED UPON BY THE BOARD OR A COMMITTEE DISCLOSES THE CONFLICT PRIOR TO THE DISCUSSION OR PRESENTATION OF SUCH MATTER. IF POSSIBLE, THE CONFLICT IS DISCLOSED TO THE CHAIR OF THE MEETING IN ADVANCE OF THE MEETING. THE DIRECTOR CONSIDERS WHETHER IT IS ADVISABLE UNDER THE CIRCUMSTANCES TO RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND/OR VOTE AND RECUSE HIMSELF/HERSELF IF REQUESTED TO BY THE CHAIR OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAS AN APPROVED BUSINESS PLAN AND BUDGET. THE CEO'S PERFORMANCE IS EVALUATED BASED UPON SEVERAL FACTORS, INCLUDING REACHING THE BUSINESS PLAN OBJECTIVES. BASED UPON THIS EVALUATION, THE CEO'S ANNUAL COMPENSATION IS DETERMINED BY THE CHAIRMAN AND THE COMPENSATION COMMITTEE. COMPARABLE DATA IS ALSO USED AND THE COMPENSATION PROCESS IS DOCUMENTED. THE LAST SALARY REVIEW DATE FOR THE PRESIDENT WAS DECEMBER 2016. KEY EMPLOYEE COMPENSATON IS DONE BY THE PRESIDENT BASED UPON EACH INDIVIDUAL'S ABILITY TO MEET HIS/HER PERFORMANCE OBJECTIVES, WHICH INCLUDE BOTH PERSONAL AND ORGANIZATIONAL GOALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G SERVICE PROVIDERS 175,002. ISIGHT 285,000. CONTRACT CONSULTANTS 2,997,842. WOPACK LABS 343,453. FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENT: THE 2015 990 WAS FILED BEFORE THE AUDIT WAS FINALIZED. THERE WAS AN ADJUSTMENT OF $122,195 MADE TO ACCRUED SALARIES THAT WAS NOT INCLUDED ON THE 990 THAT HAD BEEN FILED ON THE PRIOR YEAR 990 FOR $122,195. FINANCIAL SECTOR SECURITY AUTOMATION GROUP LLC (SAWG) 12020 SUNRISE VALLEY DR RESTON VA 20191 464042047 DEVELOP AN AUTOMATED SYSTEM DESIGNED FOR SHARING OF SECURITY INTELLIGENCE VA 0 0 FS-ISAC SHELTERED HARBOR ONE NEW YORK PLAZA 3RD FLOOR NEW YORK NY 10004 522204208 ENHANCE THE FINANCIAL SERVICES INDUSTRY'S DISASTER EVENT CAPABILITIES DE 535314 972782 FS-ISAC FSARC 1100 N GLEBE RD 6TH FLOOR ARLINGTON VA 22201 522204208 ENHANCE THE US FINANCIAL SYSTEM'S CRITICAL INFRASTRUCTURE RESILIENCY DE 400000 208355 FS-ISAC SOLTRA SOLUTIONS LLC 12020 SUNRISE VALLEY DR RESTON VA 20191 352516314 SOFTWARE MARKETING & DEVELOPMENT DE FS-ISAC SAG UNRELATED -311864 676196 0 1 0.30000 FS-ISAC SAG 12020 SUNRISE VALLEY DR RESTON VA 20191 471870224 INVESTMENTS DE FS-ISAC C 491297 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 FSARC L 219317 ACTUAL AMOUNT SHELTERED HARBOR L 10289 ACTUAL AMOUNT SOLTRA SOLUTIONS Q 519634 ACTUAL AMOUNT