2017-03-23T11:04:58-05:00 2016-09-30 GRANT THORNTON LLP 171 N CLARK ST SUITE 200 CHICAGO IL 60601 990 2015-10-01 363330171 Bank Administration Institute % THOMAS DUBNICKA BANK 3125534600 115 South LaSalle Street STE 3300 Chicago IL 60603 THOMAS DUBNICKA CFO 3126832378 2017-03-23 true Bridget T Roche P00666837 3128560200 2015 2021-01-29 14:40:06Z BAI Deborah Bianucci 115 South LaSalle Street STE 3300 Chicago IL 60603 11468346 false X www.bai.org X 1984 IL Bank Administration Institute (BAI) is established to advance education in the fields of financial services, banking, and related areas. 21 20 116 259 253515 44626 0 0 4312308 3906790 523882 771382 1809163 1627064 6645353 6305236 0 0 0 0 4266872 3002535 0 0 0 5002632 4387540 9269504 7390075 -2624151 -1084839 20804055 22186672 8492773 6953858 12311282 15232814 X A. TO ADVANCE RESEARCH AND EDUCATION IN THE FIELDS OF FINANCIAL SERVICES, BANKING, FISCAL AND MONETARY POLICY, ECONOMICS, INVESTMENT AND RELATED AREAS THROUGH EDUCATIONAL SEMINARS AND SYMPOSIA, CONFERENCES AND OTHER MEANS; B. TO COOPERATE WITH OTHER ORGANIZATIONS IN PROGRAMS OF RESEARCH AND EDUCATION; AND C. TO CONDUCT SUCH OTHER ACTIVITIES AS MAY BE PERMITTED UNDER THE GENERAL NOT-FOR-PROFIT CORPORATION ACT OF ILLINOIS AND THE INTERNAL REVENUE CODE OF 1954, AS AMENDED. false false 6017100 3906790 There were over 5,000 attendees covering over 30 BAI educational conferences, seminars and webinars. These activities educate participants about the financial services industry. 98473 BAI Banking Strategies, an online magazine, assists in educating individuals on various financial topics. 6115573 true false false false false false false false false false true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true true true true false true 52 0 true 116 true true false false false false false false false false false X 21 20 true false false false false false false true true false false true true true true true true true false false IL X THOMAS DUBNICKA 3126832378 115 SOUTH LASALLE STREET STE 3300 Chicago IL 60603 X Scott M Peters Chairman of the Board 1.0 0.0 X X 0 0 0 Christopher J McComish Vice Chairman 1.0 0.0 X X 0 0 0 Bruce D Murphy Counselor to the Board 1.0 0.0 X X 0 0 0 Lewis C Fischer Past Chairman 1.0 0.0 X X 0 0 0 Charles G Kim Secretary 1.0 0.0 X X 0 0 0 Steven S SaLoutos Treasurer 1.0 0.0 X X 0 0 0 Todd M Barnhart Director-at-Large 1.0 0.0 X 0 0 0 Kevin S Blair Director-at-Large 1.0 0.0 X 0 0 0 Ulderico Calero Director-at-Large 1.0 0.0 X 0 0 0 Janet M Coletti Director-at-Large 1.0 0.0 X 0 0 0 Timothy S Crane Director-at-Large 1.0 0.0 X 0 0 0 Rilla S Delorier Director-at-Large 1.0 0.0 X 0 0 0 Robert M Kottler Director-at-Large 1.0 0.0 X 0 0 0 Cathleen H Nash Director-at-Large 1.0 0.0 X 0 0 0 Paul J Olivier Director-at-Large 1.0 0.0 X 0 0 0 Alok R Prasad Director-at-Large 1.0 0.0 X 0 0 0 Mark D Quinlan Director-at-Large 1.0 0.0 X 0 0 0 Matthew S Raphaelson Director-at-Large 1.0 0.0 X 0 0 0 Mark R Sheehan Director-at-Large 1.0 0.0 X 0 0 0 Linda Verba Director-at-Large 1.0 0.0 X 0 0 0 Karen L Larrimer THRU 516 Director-at-Large 1.0 0.0 X 0 0 0 Harlan C Parrish THRU 116 Director-at-Large 1.0 0.0 X 0 0 0 Deborah Bianucci President & CEO 8.2 31.8 X X 162034 628374 50538 Thomas Dubnicka Chief Financial Officer 8.2 31.8 X 99337 385238 50608 Ann Barcroft Executive Vice President 8.2 31.8 X 68053 263914 51078 Holly Hughes Chief Marketing Officer 20.9 19.1 X 141418 128980 47110 William HippensteelTHRU 316 Chief Content Officer 40.0 0.0 X 307334 0 39176 Ryan Malayter Director, Technology 8.2 31.8 X 34839 135104 40638 Ronald Gliane Director, Technology 8.2 31.8 X 33078 128277 18458 Mary Ratcliffe Director, Marketing 8.2 31.8 X 32532 126164 38868 Marianne Niles THRU 316 Director, Sales 40.0 0.0 X 152133 0 37757 1030758 1796051 374231 16 false true false Las Vegas Sands Corp 3355 Las Vegas Blvd South LAS VEGAS NV 89109 Convention Services 1039442 Audio Visual Services Group Inc 23918 Network Place CHICAGO IL 60673 AV Services 688737 The Expo Group 5931 Campus Circle Drive IRVING TX 75063 Convention Services 378273 Randstad North America PO Box 847872 DALLAS TX 75284 Employment Services 254055 Smith Bucklin 330 North Wabash Avenue CHICAGO IL 60611 Association Mgmt 188723 22 0 PROGRAMS AND CONFERENCES 611600 3906790 3821905 84885 3906790 480004 480004 0 60440 60440 0 0 0 5454488 5163110 291378 291378 291378 0 0 0 SPONSORSHIP REVENUE 541800 1304970 1304970 WEBCAST REVENUES 900004 155250 155250 CONFERENCES COMISSION REVENUE 900099 93024 93024 13380 13380 1566624 6305236 3821905 253515 2229816 0 0 0 0 578733 389923 188810 0 1960778 1363012 597766 136276 105243 31033 172090 43726 128364 154658 118120 36538 0 50696 37858 12838 19954 19954 0 0 0 622129 562575 59554 469169 460475 8694 225843 215215 10628 137584 114895 22689 0 252220 194178 58042 229424 183652 45772 0 2242190 2238177 4013 1230 950 280 0 81703 63097 18606 26035 26035 TAXES, FEES, AND LICENSES 13418 13374 44 DUES AND SUBSCRIPTIONS 12572 10262 2310 BAD DEBT 892 689 203 ORDER FULFILLMENT-WAREHOUSE 107 83 24 2374 69 2305 7390075 6115573 1274502 0 190 190 5393661 2893031 0 0 74157 33301 0 0 0 0 2575230 2848603 0 0 1856084 2484179 3147497 2431847 990336 715650 9089662 9413724 0 0 0 0 0 0 824735 3797994 20804055 22186672 2775686 2806443 0 0 3824507 2003507 0 0 0 0 0 0 0 0 0 0 1892580 2143908 8492773 6953858 X 12311282 15232814 0 0 0 0 12311282 15232814 20804055 22186672 X -1084839 370156 3636215 X false true X true X 1228744 1377410 1340845 1331926 1304970 6583895 4454559 3896366 4030244 4200988 3821905 20404062 0 0 0 5683303 5273776 5371089 5532914 5126875 26987957 0 0 0 26987957 440145 411973 474022 501383 540444 2367967 0 440145 411973 474022 501383 540444 2367967 158195 0 22757 0 44626 225578 159925 204776 225968 204098 93024 887791 6441568 5890525 6093836 6238395 5804969 30469293 0.88574 0.89301 0.07772 0.07390 X SCHEDULE A, PART III, LINE 1 THE AMOUNTS REPORTED ON SCHEDULE A, PART III, LINE 1 REPRESENT QUALIFIED sponsorship payments received by BAI. 226321 90914 135407 2921176 2340933 580243 715650 DUE FROM BAI CENTER 3797994 3797994 0 DEFERRED COMPENSATION 895345 LEASE LIABILITY 673962 RETIREMENT LIABILITIES 574601 2143908 X FORM 990, SCHEDULE D - PART X ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 BAI has received a favorable determination letter from the Internal Revenue Service as an exempt organization under Section 501(c)(3) of the Internal Revenue Code of 1986 (IRC), except for income taxes pertaining to unrelated business income. The Financial Accounting Standards Board issued guidance that requires tax effects from uncertain tax positions to be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. Management has determined there are no material uncertain positions that require recognition in the financial statements. BAI has properly accrued provisions for income taxes as the entity has positive unrelated business income. There is no interest or penalties recognized in the statement of activities or statement of financial position. The tax years ending 2012, 2013, 2014 and 2015 are still open to audit for both federal and state purposes. X X X true true X X X X false true false true true true true false false Deborah Bianucci President & CEO 70714 274232 84630 328198 6690 25944 4889 18961 5471 21217 172394 668552 0 0 Thomas Dubnicka Chief Financial Officer 50481 195770 48174 186821 682 2647 4889 18961 5485 21273 109711 425472 0 0 Ann Barcroft Executive Vice President 39853 154553 27637 107179 563 2182 4889 18961 5582 21646 78524 304521 0 0 Holly Hughes Chief Marketing Officer 96009 87565 44005 40135 1404 1280 12474 11376 12165 11095 166057 151451 0 0 William HippensteelTHRU 316 Chief Content Officer 216967 0 86063 0 4304 0 23850 0 15326 0 346510 0 0 0 Ryan Malayter Director, Technology 29149 113040 5245 20340 445 1724 3280 12720 5051 19587 43170 167411 0 0 Ronald Gliane Director, Technology 28119 109047 4491 17415 468 1815 3005 11653 779 3021 36862 142951 0 0 Mary Ratcliffe Director, Marketing 26996 104693 4981 19317 555 2154 3051 11831 4917 19069 40500 157064 0 0 Marianne Niles THRU 316 Director, Sales 91064 0 57630 0 3439 0 14187 0 23570 0 189890 0 0 0 FIRST-CLASS OR CHARTER TRAVEL Schedule J, Part I, Line 1a Executive Management Team Members -- first-class travel only -- on business travel flights of two (2) hours or more in duration, executive team management members may purchase and be reimbursed for airline upgrade coupons to be used in conjunction with an existing coach class ticket. Chief Executive Officer - for international business travel, the CEO may purchase and be reimbursed for first-class travel. Board of Director Members -- first-class travel or companion travel -- will reimburse first class airfare to and from Board Meetings for each member. Alternatively, BAI will reimburse the cost for two round trip coach class tickets for the Board member and spouse, provided that the total cost of the two coach tickets does not exceed the cost of one round trip first class ticket. BAI issues a 1099 to each Board member where BAI reimburses more than $599 in a calendar year for a spouse's expenses. TRAVEL FOR COMPANIONS Schedule J, Part I, Line 1c BAI will reimburse the cost for two round trip coach class tickets for the Board member and spouse, provided that the total cost of the two coach tickets does not exceed the cost of one round trip first class ticket. BAI issues a 1099 to each Board member where BAI reimburses more than $599 in a calendar year for a spouse's expenses. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES Schedule J, Part I, Line 1a BAI pays for the Chief Executive Officer's membership at a business social club, with the primary purpose being business meetings. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN Schedule J, Part I, Line 4B Bank Administration Institute has a 457(f) supplemental non-qualified retirement plan. Ann Barcroft, Deborah Bianucci, Thomas Dubnicka, William Hippensteel, and Holly Hughes participate in the 457(f) plan. No payments were made from the plan to the participants. COMPENSATION CONTINGENT ON ITS REVENUE - ORGANIZATION Schedule J, Part I, Lines 5A and 5B The organization and its related organization, BAI Center, offer all non-sales employees an opportunity to earn variable incentive compensation. Each fiscal year goals are established for the organization, groups and individuals through strategic and performance planning. Incentive awards are calculated at the close of each fiscal year based on the achievement of approved goals. COMPENSATION CONTINGENT ON THE NET EARNINGS - ORGANIZATION Schedule J, Part I, Lines 6A and 6B The organization and its related organization, BAI Center, offer all non-sales employees an opportunity to earn variable incentive compensation. Each fiscal year goals are established for the organization, groups and individuals through strategic and performance planning. Incentive awards are calculated at the close of each fiscal year based on the achievement of approved goals. Delegation of Authority Form 990, Part VI, Line 1A Executive Committee There shall be an Executive Committee of the Board of Directors to be composed of the Chairman of the Board, Vice-Chairman, President and Chief Executive Officer, Secretary, Treasurer, the Past Chairman of the Board, and the Counselor to the Board. The Executive Committee shall serve as a Nominating Committee to identify and nominate candidates for upcoming vacancies. The Executive Committee shall be authorized and empowered, in matters pertaining to such subjects and duties enjoined upon the Board of Directors which require decision as to policy and procedure in the interim between meetings of the Board of Directors, to act and make such decisions on behalf of the Board of Directors except as otherwise provided by law. All actions of the Executive Committee shall be reported to the Board of Directors. The Executive Committee may, from time to time, make its own rules governing its conduct of BAI business except where otherwise provided herein. The Executive Committee will approve the Boards of Directors of BAI's subsidiaries and affiliates. Business Relationships Form 990, Part VI, Line 2 Bank Administration Institute (BAI) is an educational organization serving the financial services industry. Its Board members are all employees of financial organizations which utilize BAI's educational resources. The employers of its Board members do business with each other on a daily basis in the ordinary course of business (e.g., each bank clears checks from the other banks). Form 990 Review Process Form 990, Part VI, Line 11b The organization sends the tax return to each voting member of the organization's Board of Directors in electronic form prior to its filing with the IRS. The Board of Director members will conduct a review of the Form 990 (including required schedules) and will have the opportunity to ask questions and make comments. Any final changes are incorporated into the return before the final draft is filed with the IRS. Conflict of Interest Policy Monitoring & Enforcement Form 990, Part VI, Line 12c BAI's conflict of interest policy covers all Board of Directors and employees. For Board of Directors, an interested person must disclose the existence of the financial interest by giving the opportunity to disclose all material facts to the directors and member of committee with governing board delegated powers considering the proposed transaction or arrangement. The remaining board or committee members shall decide if a conflict of interest exists. For Employees, an interested person must notify Human Resources as soon as such potential conflict arises. For Board of Directors, after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. For Employees, Human Resources (HR) reviews the conflicts. Process for Determining Compensation Form 990, Part VI, Line 15a Each year, BAI engages an outside human resources consulting firm to benchmark executive compensation using data from a number of published salary surveys. The Human Resource Committee of the BAI Board of Directors considers this benchmarking data, the compensation reported on Form 990 for chief executives of comparable financial services trade organizations, the economic environment and BAI business conditions when making compensation decisions. The Human Resource Committee also receives an annual disclosure of total compensation for all officers and the leadership team members. This process was last completed in September 2016. The Human Resource Committee recommends CEO compensation to the full Board of Directors for their approval. The compensation approval process for the CEO is contemporaneously documented in the minutes of the Board meetings. How Documents are Made Available to the Public Form 990, Part VI, Section C, Line 19 Bank Administration Institute does not make its governing documents, conflict of interest policy, or financial statements available to the public. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES CONSIST OF: PENSION-RELATED CHANGE...............($114,847) INTERCOMPANY TRANSACTION............$3,751,062 ---------- TOTAL...............................$3,636,215 BAI Center 115 S Lasalle Street Chicago IL 60603 362026204 Membership IL 501(c)(6) BAI true false false false false false false false false false false false false false false false false true false false BAI Center Q 3797994 FMV