2017-08-18T12:56:00-05:00 2016-12-31 204193611 Batts Morrison Wales & Lee PA 801 North Orange Avenue Suite 800 Orlando FL 32801 990 2016-01-01 135532538 The Institute of Internal Auditors Inc INST 4079371100 1035 Greenwood Blvd Suite 401 Lake Mary FL 32746 Ann S Cohen Sr. VP,CFO 4079371100 2017-08-10 1 Michele M Wales P00428093 4077706000 2017-08-10 99.25.81.133 2017-08-10 14:12:36 ED P 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 FA0F55E3B5CC6FD642F5B8BAC16455B4D43D80E1 2016 2021-01-29 14:40:06Z X Richard Chambers 1035 Greenwood Blvd Suite 401 Lake Mary FL 32746 71970133 0 X WWW.THEIIA.ORG X 1941 NY Business Association 38 37 255 400 3162681 235214 50750 143204 45488640 49279238 1083123 3524065 4560635 3970299 51183148 56916806 373271 115479 0 0 20780593 22341253 0 0 0 26197832 29125948 47351696 51582680 3831452 5334126 60136782 68663688 20853327 23584104 39283455 45079584 The mission of The Institute of Internal Auditors is to provide dynamic leadership for the global profession of internal auditing. 0 0 Training and education for internal auditors. Publications which inform internal auditors and I.I.A. members of current professional issues, standards, and practices. Offering examinations on professional issues and certifying those who demonstrate acceptable performance. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 125 0 1 255 1 1 1 1 CA 0 0 0 0 X 38 37 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X The Organization 4079371100 1035 Greenwood Blvd Suite 401 Lake Mary FL 32746 Angela Witzany Chair/Sr Vice Chair 10.00 2.00 X X 0 0 0 J Michael Peppers Sr Vice Chair/Chairman 10.00 X X 0 0 0 Lawrence J Harrington Immediate Past Chr/Chair 10.00 2.00 X X 0 0 0 Anton B van Wyk Past Chairman 10.00 X X 0 0 0 Paul J Sobel Past Chairman (thru 07/16) 10.00 X X 0 0 0 Karem T Obeid Vice Chair - Global Serv 10.00 X X 0 0 0 Charlotta Hjelm Vice Chair - Prof Cert 10.00 X X 0 0 0 Charles T Wright Vice Chair - Prof Guidance 10.00 X X 0 0 0 Naohiro Mouri Vice Chair - Prof Practices 10.00 X X 0 0 0 J Michael Joyce Jr Vice Chair - Finance 10.00 X X 0 0 0 Frank O'Brien Vice Chair - Research 10.00 2.00 X X 0 0 0 Renato Triscuizzi Sec/Vice Chair (thru 07/16) 10.00 X X 0 0 0 Harold C Silverman Vice Chairman (thru 07/16) 10.00 X X 0 0 0 Sarah K Blackburn Vice Chairman (thru 07/16) 10.00 X X 0 0 0 Agust Hrafnkelsson Director-at-Large 10.00 X 0 0 0 Catherine J Blunt Director-at-Large 10.00 X 0 0 0 Christine May Ee Ong Director-at-Large 10.00 X 0 0 0 Jorge Gonzalo Badillo Ayala Director-at-Large 10.00 X 0 0 0 Lesedi Lesetedi Director-at-Large 10.00 X 0 0 0 Narendra Kumar Aneja Director-at-Large 10.00 X 0 0 0 Yi-Hsin Doris Wang Director-at-Large 10.00 X 0 0 0 Archie R Thomas Dir-at-Large (thru 07/16) 10.00 X 0 0 25500 Ernesto Martinez Gomez Institute Director 10.00 X 0 0 0 Jean-Marie Pivard Institute Director 10.00 X 0 0 0 John Bendermacher Institute Director 10.00 X 0 0 0 Juergen Rohrmann Institute Director 10.00 X 0 0 0 Mark Carawan Institute Director 10.00 X 0 0 0 Oswaldo Basile Institute Director 10.00 X 0 0 0 Qing Xia Institute Director 10.00 X 0 0 0 Rob Newsome Institute Director 10.00 X 0 0 0 Sakiko Sakai Institute Director 10.00 2.00 X 0 0 0 Stephen J Horne Institute Director 10.00 X 0 0 0 Nicola Rimmer Institute Dir (thru 06/16) 10.00 X 0 0 0 Beatriz Sanz Redrado Institute Dir (thru 07/16) 10.00 X 0 0 0 Oliver Dieterle Institute Dir (thru 07/16) 10.00 X 0 0 0 Sheng Xi Institute Dir (thru 07/16) 10.00 X 0 0 0 Benito Ybarra North American Director 10.00 X 0 0 0 Anne M Mercer North American Director 10.00 X 0 0 0 Eric N Allegakoen North American Director 10.00 X 0 0 0 Karen Brady North American Director 10.00 X 0 0 0 Michael Pryal North American Director 10.00 2.00 X 0 0 0 Pamela S Jenkins North American Director 10.00 X 0 0 0 Princy Jain North American Director 10.00 X 0 0 0 Robert B Kuling North American Director 10.00 X 0 0 0 Seth Petersen North American Director 10.00 X 0 0 0 Shannon J Urban North American Director 10.00 X 0 0 0 John W Wszelkai NA Director (thru 03/16) 10.00 X 0 0 0 Mike Cowell NA Director (thru 07/16) 10.00 X 0 0 0 Richard F Chambers President/CEO 40.00 2.00 X X 633889 0 161202 Ann S Cohen Senior VP/CFO 40.00 3.00 X 252220 0 82595 Charles Redding EVP/Chief Information Off. 40.00 X 416260 0 99227 Hal Garyn Sr VP/Chief Off. Strategy & Dev 40.00 X 271873 0 82903 William Michalisin EVP/Chief Off. NA Operations 40.00 2.00 X 338961 0 106126 Cyndi Plamondon Senior VP/COO Global 40.00 X 243219 0 62319 Stacy Mantazaris VP Learning Solutions 40.00 X 213881 0 21140 2370303 0 641012 47 0 1 0 NCS Pearson Inc 13036 Collections Center Drive Chicago IL 60693 Professional testing services 2317181 Services America CorporationCenterplate 655 West 34th Street New York NY 10001 Conference facilities/accomod. 1141662 Metro Connections 1420 Celebration Blvd Suite 200 Celebration FL 34747 Conference facilities/accomod. 1043436 Hilton New York 1335 Ave of the Americas New York NY 10019 Conference facilities/accomod. 587123 Marriott Business Services PO Box 402642 Accounting Dept Atlanta GA 30384 Conference facilities/accomod. 487062 37 17870 125334 143204 Seminars & conferences 541900 17918878 17918878 Membership dues 541900 14575381 14575381 Certification/exam fees 541900 13784813 13784813 Quality assessment 541900 1923854 1923854 Publications & sub. 511120 522767 522767 553545 553545 49279238 1721352 1721352 125356 125356 12429613 4426427 12291162 2762165 138451 1664262 1802713 1802713 CIA Learning System 541900 2494479 2494479 The Internal Auditor 541800 683201 683201 Website advertising 541800 338041 338041 329222 111637 217585 3844943 56916806 49961500 3162681 3649421 X 115479 1129906 15691068 1305196 2911125 1303958 165909 307930 39328 10187339 880323 4655045 906193 7214980 1013429 226720 Chapter and shared serv 2347415 Miscellaneous 580678 Instructional materials 285253 Dues & subscriptions 201570 113836 51582680 12023867 15959343 2065277 2179922 1782512 2498120 9113219 6081286 4828972 3031933 35567379 39464568 3868775 5529802 60136782 68663688 6605893 8039985 10689022 11262324 3558412 4281795 20853327 23584104 X 39255105 45051234 28350 28350 39283455 45079584 60136782 68663688 X 5334126 37385 424618 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 689680 146105 543575 7390191 5935181 1455010 1033348 1033348 3031933 Restricted investments - employee savings plan 1842622 Deferred project costs 818446 Due from affiliates 2444116 Beneficial interest in net assets of subsidiary 424618 5529802 Deferred employee compensation 1842622 Due to affiliate 1353524 Other 1085649 4281795 X Part X, Line 2: The Organization is exempt from federal income tax under Internal Revenue Code Section 501(a) as an organization described in Section 501(c)(6) and from state income tax pursuant to state law. The Organization engages in certain activities which are "unrelated business activities" as defined by the Internal Revenue Code, and which are subject to taxation. Income taxes on unrelated business income are recognized as expenses as incurred. The Organization has not taken any material uncertain tax positions for which the associated tax benefits may not be recognized under accounting principles generally accepted in the United States of America. Federal and state tax authorities may generally examine the Organization's income tax positions or (if applicable) returns for periods of approximately three to six years. Central America and the Caribbean 0 0 Program services Onsite training classes, chapter allotments, and quality assessment review 21323 East Asia and the Pacific 0 0 Program services Onsite training classes, meetings, exam questions, and quality assessment review 72845 Europe 0 0 Program services Onsite training classes, quality assessment review, meetings and exam questions 309025 Middle East and North Africa 0 0 Program services Onsite training classes, meetings, and quality assessment review 51665 North America 1 4 Program services Onsite training classes, chapter allotments, quality assessment review, and meetings. 771307 South America 0 0 Program services Onsite training classes, meetings and quality assessment review 27955 South Asia 0 0 Program services Meetings 5669 Sub-Saharan Africa 0 0 Program services On-site training, meetings, exam questions 66216 1 4 0 0 1 4 1326005 0 1326005 0 0 0 0 0 0 Schedule F, Part I, Line 3: The Organization provides allotments to IIA Chapters in the Central American/Carribean and North America regions. 1 Internal Audit Foundation 1035 Greenwood Blvd Suite 401 Lake Mary FL 32746 591859804 501(c)(3) 105479 Common Body of Knowledge research project & pub.; creation of IIA 75th Anniversary Publication The September 11 Memorial and Museum 200 Liberty Street 16th Floor New York NY 10281 383678458 501(c)(3) 10000 Contribution by NY Intl Conf to preserve history, remembrance, & reflection of Sep 11th 2 0 Part I, Line 2: The Organization oversees the activities of the Internal Audit Foundation through overlapping staff management and partial overlap on the governing boards. The September 11 Memorial and Museum was selected by the Host Conference Committee for the Organization's International Conference to receive the grant as part of the Organization's annual International Conference. Due to the size of the grant awarded and the nonrecurring nature of the grant, ongoing monitoring of the use of funds was not deemed necessary. X X X 1 1 X X X X X X 1 1 0 Richard F Chambers President/CEO 440872 0 126000 0 67017 0 71962 0 89240 0 795091 0 60000 0 Ann S Cohen Senior VP/CFO 230156 0 20000 0 2064 0 55319 0 27276 0 334815 0 0 0 Charles Redding EVP/Chief Information Off. 305156 0 60000 0 51104 0 73200 0 26027 0 515487 0 50000 0 Hal Garyn Sr VP/Chief Off. Strategy & Dev 208207 0 35000 0 28666 0 64647 0 18256 0 354776 0 25000 0 William Michalisin EVP/Chief Off. NA Operations 248547 0 60000 0 30414 0 73663 0 32463 0 445087 0 30000 0 Cyndi Plamondon Senior VP/COO Global 206365 0 35000 0 1854 0 52470 0 9849 0 305538 0 0 0 Stacy Mantazaris VP Learning Solutions 196904 0 16300 0 677 0 9687 0 11453 0 235021 0 0 0 Part I, Line 1a On occasion, the Organization paid for first-class travel for the domestic portion of international trips taken by the President when international business class airfare was incurred. The President is authorized for first-class travel for domestic flights exceeding a specified duration when approved by the Chairman of the Board. The Organization paid the travel costs of the spouses of eight officers to attend the Organization's international conference. The spouses act as a welcoming committee to the delegates and their spouses. As such, the spouses perform significant duties for the Organization at the conference and their travel is for a bona fide business purpose of the Organization. Reimbursement of travel for applicable spouses of officers to attend the annual international conference is in accordance with the Organization's Board Policy Manual. Part I, Lines 4a-b Stacey Mantzaris (VP Learning Solutions) received a severance payment of $38,077. The President/CEO, Senior VP/CFO, EVP/Chief Information Officer, Senior VP/Chief Officer Strategy & Development, EVP/Chief Officer of North America Operations, and Senior VP/Chief Operating Officer Global participate in a nonqualified Section 457(f) deferred compensation plan. Contributions totaling $250,000 were deposited into the plan during the year ended December 31, 2016 on behalf of these individuals. Part II: The Organization has adopted an executive compensation setting policy applicable to all disqualified persons, including the Organization's President, officers, and key employees. Under the policy, an independent committee of the Board of Directors annually reviews and approves the compensation levels of all individuals subject to the policy. The deliberations and decisions of the committee are contemporaneously substantiated. The committee utilizes comparability data in its deliberations; updated comparability data is generally obtained annually. Part II: Line 1, Column D Included in nontaxable compensation for Richard Chambers is an amount accrued under a retention incentive agreement approved by the Compensation Committee of the Board of Directors of the Organization in December, 2014. This agreement was based upon guidance from an independent firm as to what would be considered reasonable and customary for a CEO of a similar organization. Under the agreement, Mr. Chambers would receive this retention incentive if he remains with the Organization through the length of term of his contract. In addition, he would be eligible for the retention incentive as early as July 31, 2019 under conditions prescribed in the contract. Form 990, Part VI, Section A, line 6 The Organization is a membership organization and therefore has members. Form 990, Part VI, Section A, line 7a The classes of the membership of the Organization include: Member, Educational Member, Student Member, Retired Member. All classes of membership can vote at membership meetings. Those members who are Certified Internal Auditors may also serve as officers or directors of the Organization. Form 990, Part VI, Section A, line 7b If an amendment of the Bylaws of the Organization is approved by a majority of the Board of Directors, it must then be approved by a majority of the voting members before it is declared effective. Form 990, Part VI, Section B, line 11b The Organization's top management official and top financial official each review the Form 990 prior to its filing with the IRS. The Form 990 is also reviewed by the Audit Committee, Global Finance Committee, the North American Board, and the entire Executive Committee of the Organization prior to its filing with the IRS. Finally, a copy of the Form 990 is provided to all members of the Board of Directors prior to its filing with the IRS. Form 990, Part VI, Section B, line 12c The Organization's conflict of interest policy is distributed to each member of the Organization's governing body, its officers, and its key employees on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood, and agreed to comply with the policy, and certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Organization officials to take appropriate actions as required by the policy. Form 990, Part VI, Section B, line 15 The Organization has adopted an executive compensation setting policy applicable to all disqualified persons, including the Organization's CEO, officers, and key employees. Under the policy, an independent committee of the Board of Directors annually reviews and approves the compensation levels of all individuals subject to the policy. The deliberations and decisions of the committee are contemporaneously substantiated. The committee utilizes comparability data in its deliberations; updated comparability data is generally obtained annually. Form 990, Part VI, Section C, line 19 The Institute of Internal Auditors, Inc. provides, upon request, copies of its Articles of Incorporation, bylaws, conflict of interest policy, and financial statements. The Organization's financial statements can also be accessed via its website. Form 990, Part IX, line 11g Professional fees associated with testing services 2,457,335. Professional writers/speakers 775,949. Professional fees associated with CIA Review Fees 1,335,876. Professional fees associated with conferences 935,026. Other professional services 4,683,153. Form 990, Part XI, line 9: Change in beneficial interest in net assets of subsidiary 424,618. Form 990, Part XII, Line 2c The Organization's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year. IIA Properties LLC 1035 Greenwood Blvd Suite 401 Lake Mary FL 32746 262730851 To own real property and carry on various real estate related transactions FL 0 0 The Institute of Internal Auditors Inc IIA Quality Services LLC 1035 Greenwood Blvd Suite 401 Lake Mary FL 32746 461822157 Professional services offering an external quality assessment FL 355359 1660514 The Institute of Internal Auditors Inc Internal Audit Foundation 1035 Greenwood Blvd Suite 401 Lake Mary FL 32746 591859804 Research & Education in Internal Auditing DC 501(c)(3) 509(a)(2) N/A 1 Internal Auditing Academic Advancement Fund Inc 1035 Greenwood Blvd Suite 401 Lake Mary FL 32746 205370828 Promoting the development of educational programs in internal auditing FL 501(c)(3) 509(a)(3) - Type I N/A 1 Canadian Institute of Internal Auditors 1035 Greenwood Blvd Suite 401 Lake Mary FL 32746 Dynamic leadership for the Canadian profession of internal auditing CA 501(c)(6) equivalent N/A 1 Board of Environmental Health & Safety Auditor Certifications 1035 Greenwood Blvd Suite 401 Lake Mary FL 32746 311543022 Enhance the environmental, health & safety auditing profession VA 501(c)(6) N/A 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 Internal Audit Foundation B 105479 Fair market value Internal Audit Foundation D 235130 Fair market value Board of Environmental Health & Safety Auditor Certifications D 68433 Fair market value Internal Audit Foundation O 997577 Fair market value Internal Audit Foundation P 296841 Fair market value Internal Audit Foundation Q 538845 Fair market value Board of Environmental Health & Safety Auditor Certifications Q 51057 Fair market value Part I: IIA Properties, LLC (EIN: 26-2730851) was dissolved in 2016. Part II: Internal Auditing Academic Advancement Fund, Inc. (EIN: 20-5370828) was dissolved in 2016.