IOWA ASSOCIATION OF BUSINESS & INDUSTRY: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
IOWA ASSOCIATION OF BUSINESS & INDUSTRY (EIN 42-0332900)
Tax period
2016-07-01 to 2017-06-30
Filed
2017-11-09
IRS object ID
201733139349303153
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-09T14:34:47-06:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15550 WILD ROSE LANE SUITE 300AddressLine1Txt
CityWEST DES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP502665304ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN420332900EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IOWA ASSOCIATION OF BUSINESS & INDUSTRYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlIOWABusinessNameControlTxt
Phone5152808000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 EAST COURT AVENUE NO 100AddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50309ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL RALSTONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5152808000PhoneNum
Signature2017-11-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJASON HERRIG CPAPreparerPersonNm
PTINP01686074PTIN
Phone5152224400PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.137.57.251IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-11-09IPDt
IP Tm09:33:09IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdE9370C4DEB73E69408C2F2B60BFA353CE2F9AC86AtSubmissionCreationDeviceId
At Submission Filing Device IdE9370C4DEB73E69408C2F2B60BFA353CE2F9AC86AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL RALSTONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 EAST COURT AVENUE NO 100AddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50309ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,251,880GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.IOWAABI.ORGWebsiteAddressTxt
Type Of Organization AssocYes (X)TypeOfOrganizationAssocInd
Formation1984FormationYr
Legal Domicile StateIALegalDomicileStateCd
Activity Or MissionTO FOSTER A FAVORABLE BUSINESS, ECONOMIC, GOVERNMENTAL AND SOCIAL CLIMATE WITHIN THE STATE OF IOWA SO THAT OUR CITIZENS HAVE THE OPPORTUNITY TO ENJOY THE HIGHEST POSSIBLE QUALITY OF LIFE.ActivityOrMissionDesc
Voting Members Governing Body62VotingMembersGoverningBodyCnt
Voting Members Independent62VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers65TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,206,458PYContributionsGrantsAmt
CY Contributions Grants$1,269,598CYContributionsGrantsAmt
PY Program Service Revenue$679,273PYProgramServiceRevenueAmt
CY Program Service Revenue$698,421CYProgramServiceRevenueAmt
PY Investment Income$287PYInvestmentIncomeAmt
CY Investment Income$195CYInvestmentIncomeAmt
PY Other Revenue$257,433PYOtherRevenueAmt
CY Other Revenue$283,666CYOtherRevenueAmt
PY Total Revenue$2,143,451PYTotalRevenueAmt
CY Total Revenue$2,251,880CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,194,559PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,320,218CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,011,033PYOtherExpensesAmt
CY Other Expenses$866,452CYOtherExpensesAmt
PY Total Expenses$2,205,592PYTotalExpensesAmt
CY Total Expenses$2,186,670CYTotalExpensesAmt
PY Revenues Less Expenses-$62,141PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$65,210CYRevenuesLessExpensesAmt
Total Assets BOY$1,160,144TotalAssetsBOYAmt
Total Assets EOY$970,694TotalAssetsEOYAmt
Total Liabilities BOY$378,318TotalLiabilitiesBOYAmt
Total Liabilities EOY$123,658TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$781,826NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$847,036NetAssetsOrFundBalancesEOYAmt
MissionTO FOSTER A FAVORABLE BUSINESS, ECONOMIC, GOVERNMENTAL AND SOCIAL CLIMATE WITHIN THE STATE OF IOWA SO THAT OUR CITIZENS HAVE THE OPPORTUNITY TO ENJOY THE HIGHEST POSSIBLE QUALITY OF LIFE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescIOWA ASSOCIATION OF BUSINESS & INDUSTRY (ABI) DEVELOPS PROGRAMMING WITH THE INPUT OF MEMBERS TO PROVIDE SOLUTIONS TO COMMON QUESTIONS IN IOWA'S BUSINESS COMMUNITIES AND TO IDENTIFY BEST PRACTICES IN EFFECTIVELY ADDRESSING THEM. ABI HAS A TEAM OF INDUSTRY EXPERTS DEDICATED TO SOLVING ABI MEMBERS' ISSUES.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document76IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee12EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members62GoverningBodyVotingMembersCnt
Independent Voting Member62IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL RALSTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5152808000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 EAST COURT AVENUE NO 100AddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50309ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (65 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
SEAN ABBAS
DIRECTOR1.00Yes (X)$0$0$0
KIM AUGSPURGER
DIRECTOR1.00Yes (X)$0$0$0
KELLY BARRICK
DIRECTOR1.00Yes (X)$0$0$0
DOUG BASS
DIRECTOR1.00Yes (X)$0$0$0
BOB BOCKEN
DIRECTOR1.00Yes (X)$0$0$0
STEVEN BRADFORD
DIRECTOR1.00Yes (X)$0$0$0
CHRISTINE CARLSON
DIRECTOR1.00Yes (X)$0$0$0
CASEY CASON
DIRECTOR1.00Yes (X)$0$0$0
TIM CONLON
DIRECTOR1.00Yes (X)$0$0$0
LARRY COUNTRYMAN
DIRECTOR1.00Yes (X)$0$0$0
RICHARD DAVIDSON
DIRECTOR1.00Yes (X)$0$0$0
A JOHN DAVIS
DIRECTOR1.00Yes (X)$0$0$0
THOMAS DETERMANN
DIRECTOR1.00Yes (X)$0$0$0
CINDY DIETZ
DIRECTOR1.00Yes (X)$0$0$0
PAUL DREY
DIRECTOR1.00Yes (X)$0$0$0
STEVE DUST
DIRECTOR1.00Yes (X)$0$0$0
MIKE ESPESET
DIRECTOR1.00Yes (X)$0$0$0
MICHELE FARRELL
DIRECTOR1.00Yes (X)$0$0$0
RAND FISHER
DIRECTOR1.00Yes (X)$0$0$0
JASON GROSS
DIRECTOR1.00Yes (X)$0$0$0
ANDREW HANSON
DIRECTOR1.00Yes (X)$0$0$0
ROGER HARGENS
DIRECTOR1.00Yes (X)$0$0$0
JACK HASKEN
DIRECTOR1.00Yes (X)$0$0$0
MIKE HENNINGSEN
DIRECTOR1.00Yes (X)$0$0$0
STEVE JACOBS
DIRECTOR1.00Yes (X)$0$0$0
ALAN JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
BRENT KJELLBERG
DIRECTOR1.00Yes (X)$0$0$0
ANDY KRETZ
DIRECTOR1.00Yes (X)$0$0$0
JOHN KROGMAN
DIRECTOR1.00Yes (X)$0$0$0
MARY LANDHUIS
DIRECTOR1.00Yes (X)$0$0$0
DREW LARSON
DIRECTOR1.00Yes (X)$0$0$0
KELLAN LONGENECKER
DIRECTOR1.00Yes (X)$0$0$0
KIRK L MCCOLLOUGH
DIRECTOR1.00Yes (X)$0$0$0
TODD MCDONALD
DIRECTOR1.00Yes (X)$0$0$0
JACK B MCFARLAND
DIRECTOR1.00Yes (X)$0$0$0
ALAN MORES
DIRECTOR1.00Yes (X)$0$0$0
VINCE NEWENDORP
DIRECTOR1.00Yes (X)$0$0$0
DAVID NICHOLL
DIRECTOR1.00Yes (X)$0$0$0
MERLE PEDERSON
DIRECTOR1.00Yes (X)$0$0$0
KIM PANG
DIRECTOR1.00Yes (X)$0$0$0
JEANINE PENTICOFF
DIRECTOR1.00Yes (X)$0$0$0
RICHARD J PHELAN
DIRECTOR1.00Yes (X)$0$0$0
JACK F PRAY
DIRECTOR1.00Yes (X)$0$0$0
JOHN RICHES
DIRECTOR1.00Yes (X)$0$0$0
CHRIS SACKETT
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL SADLER
DIRECTOR1.00Yes (X)$0$0$0
ART SLUSARK
DIRECTOR1.00Yes (X)$0$0$0
TODD A SOMMERFELD
DIRECTOR1.00Yes (X)$0$0$0
JOHNNE SYVERSON
DIRECTOR1.00Yes (X)$0$0$0
BRUCE TAMISIEA
DIRECTOR1.00Yes (X)$0$0$0
KRISTA TANNER
DIRECTOR1.00Yes (X)$0$0$0
RICK TOLLAKSON
DIRECTOR1.00Yes (X)$0$0$0
THOMAS TONER
DIRECTOR1.00Yes (X)$0$0$0
KIRK TREDE
DIRECTOR1.00Yes (X)$0$0$0
DREW F VOGEL
DIRECTOR1.00Yes (X)$0$0$0
PETER E VOORHEES
DIRECTOR1.00Yes (X)$0$0$0
THOMAS YEOMAN
DIRECTOR1.00Yes (X)$0$0$0
PAUL GERGOIRE
PAST CHAIR2.00Yes (X)$0$0$0Yes (X)
JOHN KROGMAN
SECRETARY2.00Yes (X)$0$0$0Yes (X)
DAVID BYWATER
TREASURER2.00Yes (X)$0$0$0Yes (X)
DAVE ZROSTLIK
VICE CHAIR2.00Yes (X)$0$0$0Yes (X)
LORI SCHAEFER-WEATON
CHAIR2.00Yes (X)$0$0$0Yes (X)
MICHAEL RALSTON
PRESIDENT40.00$255,354$0$23,897Yes (X)
KATHY ANDERSON
VP MEMBER DEVELOPMENT & PROGRAMS40.00$109,226$0$9,515Yes (X)
NICOLE CRAIN
SENIOR VICE PRESIDENT, PUBLIC POLICY40.00$135,356$0$12,076Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$499,936TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$45,488TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1R&R REALTYBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11225 JORDAN CREEK PKWY 200AddressLine1Txt
CityWEST DES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50266ZIPCd
FieldValueIRS element (for citing)
ServicesOFFICE LEASEServicesDesc
Compensation$151,409CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$1,042,723MembershipDuesAmt
All Other Contributions$226,875AllOtherContributionsAmt
Total Contributions$1,269,598TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONVENTION INCOME611430$537,509$537,509
SEMINARS611430$160,912$160,912
FieldValueIRS element (for citing)
Total Program Service Revenue$698,421TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$195TotalRevenueColumnAmt
Exclusion$195ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$44,004TotalRevenueColumnAmt
Exclusion$44,004ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
MANAGEMENT SERVICES541610$224,994$224,994
PUBLIC POLICY541900$12,500$12,500
OTHER900099$2,168$2,168
FieldValueIRS element (for citing)
Other Revenue Total$239,662OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,251,880TotalRevenueColumnAmt
Related Or Exempt Func Income$935,915RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$46,367ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$663,655TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$482,294TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$13,964TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$76,692TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$83,613TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$158TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,182TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$84,734TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,159TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$72,324TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$35,028TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$165,240TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$11,314TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$365,600TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$256TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$16,602TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
PROGRAM AND MEMBER RELA$52,939
BAD DEBT EXPENSE$28,712
DUES$16,204

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,186,670TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$297,470BOYAmt
EOY$134,271EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$667,305BOYAmt
EOY$572,350EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$83,953BOYAmt
EOY$86,025EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$51,996BOYAmt
EOY$61,667EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$416,002LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$405,440LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$24,396BOYAmt
EOY$10,562EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$35,024BOYAmt
EOY$105,819EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,160,144BOYAmt
EOY$970,694EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$343,993BOYAmt
EOY$94,237EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$25,760BOYAmt
EOY$27,672EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,565BOYAmt
EOY$1,749EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$378,318BOYAmt
EOY$123,658EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$585,753BOYAmt
EOY$660,888EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$196,073BOYAmt
EOY$186,148EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$781,826BOYAmt
EOY$847,036EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,160,144BOYAmt
EOY$970,694EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$65,210ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (1)AgreeCarryoverPriorYearInd
Dues Assessments$1,042,723DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$283,454NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov-$293,980NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot-$10,526NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$260,681AggregateReportedDuesNtcAmt
Taxable-$271,207TaxableAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$85,390OtherCostOrOtherBasisAmt
Depreciation$76,392DepreciationAmt
Book Value$8,998BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$330,612OtherCostOrOtherBasisAmt
Depreciation$329,048DepreciationAmt
Book Value$1,564BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,562TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DUE FROM AFFILIATES$92,484
ROYALTY RECEIVABLE$13,335
FieldValueIRS element (for citing)
Total Book Value Other Assets$105,819TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCAPITAL LEASE PAYABLEDesc
Amt$1,749Amt
FieldValueIRS element (for citing)
Total Liability$1,749TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,251,880TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,251,880RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,251,880TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,186,670TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,186,670ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,186,670TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ASSOCIATION IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION DOES RECEIVE CERTAIN UNRELATED BUSINESS INCOME; HOWEVER, RELATED EXPENSES EXCEEDED INCOME FOR THE YEARS ENDED JUNE 30, 2017 AND 2016. LOBBYING ACTIVITIES ARE DISCLOSED AS BEING NONDEDUCTIBLE ON THE ASSOCIATION'S MEMBER DUES INVOICES. THE ASSOCIATION HAS DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AT JUNE 30, 2017 AND 2016.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMICHAEL RALSTONPersonNm
TitlePRESIDENTTitleTxt
Base Compensation Filing Org$210,354BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$45,000BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$10,852DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$13,045NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$279,251TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationABI REIMBURSES ANY EMPLOYEES WHO PAY A HEALTH CLUB MEMBERSHIP UP TO $20/MONTH. KATHY ANDERSON WAS THE ONLY PERSON LISTED ON FORM 990, PART VII, SECTION A WHO RECEIVED THE HEALTH CLUB REIMBURSEMENT IN FY17 IN THE AMOUNT OF $240.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6ABI HAS ONE CLASS OF VOTING MEMBERS KNOWN AS GENERAL MEMBERS. EACH GENERAL MEMBER IS ENTITLED TO ONE VOTE AT ALL MEETINGS OF THE MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AEACH MEMBER HAS THE RIGHT TO CAST A SINGLE VOTE, IN PERSON, FOR EACH VACANCY ON THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN PROVIDED TO THE AUDIT COMMITTEE TO REVIEW AND APPROVE. PRIOR TO FILING, ALL BOARD MEMBERS ARE PROVIDED A COPY OF THE APPROVED RETURN.
FORM 990, PART VI, SECTION B, LINE 12CTHERE IS AN ANNUAL COMPLETION OF A WRITTEN CONFLICT OF INTEREST DISCLOSURE REPORT AS WELL AS PERIODIC REVIEWS FOR POTENTIAL CONFLICTS CONDUCTED BY BOARD AND STAFF. THE CONFLICT OF INTEREST POLICY APPLIES TO BOTH BOARD MEMBERS AND EMPLOYEES. EMPLOYEES ARE TO REPORT CONFLICTS OF INTEREST TO A MEMBER OF MANAGEMENT OR THE HUMAN RESOURCES REPRESENTATIVE IMMEDIATELY UPON DISCOVERY OR SUSPICION OF A CONFLICT. BOARD MEMBERS REPORT TO OTHER BOARD MEMBERS WHO ARE NOT IN CONFLICT. EACH SITUATION WILL BE REVIEWED ON ITS MERITS AND THEN A COURSE OF ACTION WILL BE DETERMINED.
FORM 990, PART VI, SECTION B, LINE 15PRESIDENT'S AND KEY EMPLOYEES' PROCESS OF DETERMINING COMPENSATION INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. 2016 WAS THE MOST CURRENT YEAR IN WHICH THIS PROCESS TOOK PLACE.
FORM 990, PART VI, SECTION C, LINE 19ABI MAKES THE FORM 990, ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1IOWA ASSOCIATION OF BUSINESS & INDUSTRY FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 EAST COURT AVENUE STE 100AddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50309ZIPCd
FieldValueIRS element (for citing)
EIN421242565EIN
Primary ActivitiesTO DEVELOP A CADRE OF FUTURE LEADERS AND TO MAINTAIN AN ALUMNI GROUPPrimaryActivitiesTxt
Legal Domicile StateIALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 10PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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