2017-11-09T14:34:47-06:00 2017-06-30 410746749 CLIFTONLARSONALLEN LLP 5550 WILD ROSE LANE SUITE 300 WEST DES MOINES IA 502665304 990 2016-07-01 420332900 IOWA ASSOCIATION OF BUSINESS & INDUSTRY IOWA 5152808000 400 EAST COURT AVENUE NO 100 DES MOINES IA 50309 MICHAEL RALSTON PRESIDENT 5152808000 2017-11-09 1 JASON HERRIG CPA P01686074 5152224400 67.137.57.251 2017-11-09 09:33:09 CS P E9370C4DEB73E69408C2F2B60BFA353CE2F9AC86 E9370C4DEB73E69408C2F2B60BFA353CE2F9AC86 2016 2021-01-29 14:40:06Z MICHAEL RALSTON 400 EAST COURT AVENUE NO 100 DES MOINES IA 50309 2251880 0 X WWW.IOWAABI.ORG X 1984 IA TO 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. 62 62 12 65 0 0 1206458 1269598 679273 698421 287 195 257433 283666 2143451 2251880 0 0 0 0 1194559 1320218 0 0 0 1011033 866452 2205592 2186670 -62141 65210 1160144 970694 378318 123658 781826 847036 TO 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. 0 0 IOWA 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. 0 1 0 1 0 0 0 0 0 1 0 0 1 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 0 1 0 0 1 76 0 12 1 0 0 0 0 1 1 0 X 62 62 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHAEL RALSTON 5152808000 400 EAST COURT AVENUE NO 100 DES MOINES IA 50309 SEAN ABBAS DIRECTOR 1.00 X 0 0 0 KIM AUGSPURGER DIRECTOR 1.00 X 0 0 0 KELLY BARRICK DIRECTOR 1.00 X 0 0 0 DOUG BASS DIRECTOR 1.00 X 0 0 0 BOB BOCKEN DIRECTOR 1.00 X 0 0 0 STEVEN BRADFORD DIRECTOR 1.00 X 0 0 0 CHRISTINE CARLSON DIRECTOR 1.00 X 0 0 0 CASEY CASON DIRECTOR 1.00 X 0 0 0 TIM CONLON DIRECTOR 1.00 X 0 0 0 LARRY COUNTRYMAN DIRECTOR 1.00 X 0 0 0 RICHARD DAVIDSON DIRECTOR 1.00 X 0 0 0 A JOHN DAVIS DIRECTOR 1.00 X 0 0 0 THOMAS DETERMANN DIRECTOR 1.00 X 0 0 0 CINDY DIETZ DIRECTOR 1.00 X 0 0 0 PAUL DREY DIRECTOR 1.00 X 0 0 0 STEVE DUST DIRECTOR 1.00 X 0 0 0 MIKE ESPESET DIRECTOR 1.00 X 0 0 0 MICHELE FARRELL DIRECTOR 1.00 X 0 0 0 RAND FISHER DIRECTOR 1.00 X 0 0 0 JASON GROSS DIRECTOR 1.00 X 0 0 0 ANDREW HANSON DIRECTOR 1.00 X 0 0 0 ROGER HARGENS DIRECTOR 1.00 X 0 0 0 JACK HASKEN DIRECTOR 1.00 X 0 0 0 MIKE HENNINGSEN DIRECTOR 1.00 X 0 0 0 STEVE JACOBS DIRECTOR 1.00 X 0 0 0 ALAN JOHNSON DIRECTOR 1.00 X 0 0 0 BRENT KJELLBERG DIRECTOR 1.00 X 0 0 0 ANDY KRETZ DIRECTOR 1.00 X 0 0 0 JOHN KROGMAN DIRECTOR 1.00 X 0 0 0 MARY LANDHUIS DIRECTOR 1.00 X 0 0 0 DREW LARSON DIRECTOR 1.00 X 0 0 0 KELLAN LONGENECKER DIRECTOR 1.00 X 0 0 0 KIRK L MCCOLLOUGH DIRECTOR 1.00 X 0 0 0 TODD MCDONALD DIRECTOR 1.00 X 0 0 0 JACK B MCFARLAND DIRECTOR 1.00 X 0 0 0 ALAN MORES DIRECTOR 1.00 X 0 0 0 VINCE NEWENDORP DIRECTOR 1.00 X 0 0 0 DAVID NICHOLL DIRECTOR 1.00 X 0 0 0 MERLE PEDERSON DIRECTOR 1.00 X 0 0 0 KIM PANG DIRECTOR 1.00 X 0 0 0 JEANINE PENTICOFF DIRECTOR 1.00 X 0 0 0 RICHARD J PHELAN DIRECTOR 1.00 X 0 0 0 JACK F PRAY DIRECTOR 1.00 X 0 0 0 JOHN RICHES DIRECTOR 1.00 X 0 0 0 CHRIS SACKETT DIRECTOR 1.00 X 0 0 0 MICHAEL SADLER DIRECTOR 1.00 X 0 0 0 ART SLUSARK DIRECTOR 1.00 X 0 0 0 TODD A SOMMERFELD DIRECTOR 1.00 X 0 0 0 JOHNNE SYVERSON DIRECTOR 1.00 X 0 0 0 BRUCE TAMISIEA DIRECTOR 1.00 X 0 0 0 KRISTA TANNER DIRECTOR 1.00 X 0 0 0 RICK TOLLAKSON DIRECTOR 1.00 X 0 0 0 THOMAS TONER DIRECTOR 1.00 X 0 0 0 KIRK TREDE DIRECTOR 1.00 X 0 0 0 DREW F VOGEL DIRECTOR 1.00 X 0 0 0 PETER E VOORHEES DIRECTOR 1.00 X 0 0 0 THOMAS YEOMAN DIRECTOR 1.00 X 0 0 0 PAUL GERGOIRE PAST CHAIR 2.00 X X 0 0 0 JOHN KROGMAN SECRETARY 2.00 X X 0 0 0 DAVID BYWATER TREASURER 2.00 X X 0 0 0 DAVE ZROSTLIK VICE CHAIR 2.00 X X 0 0 0 LORI SCHAEFER-WEATON CHAIR 2.00 X X 0 0 0 MICHAEL RALSTON PRESIDENT 40.00 X 255354 0 23897 KATHY ANDERSON VP MEMBER DEVELOPMENT & PROGRAMS 40.00 X 109226 0 9515 NICOLE CRAIN SENIOR VICE PRESIDENT, PUBLIC POLICY 40.00 X 135356 0 12076 499936 0 45488 3 0 1 0 R&R REALTY 1225 JORDAN CREEK PKWY 200 WEST DES MOINES IA 50266 OFFICE LEASE 151409 1 1042723 226875 1269598 CONVENTION INCOME 611430 537509 537509 SEMINARS 611430 160912 160912 698421 195 195 44004 44004 MANAGEMENT SERVICES 541610 224994 224994 PUBLIC POLICY 541900 12500 12500 OTHER 900099 2168 2168 239662 2251880 935915 0 46367 663655 482294 13964 76692 83613 158 12182 84734 5159 72324 35028 165240 11314 365600 256 16602 PROGRAM AND MEMBER RELA 52939 BAD DEBT EXPENSE 28712 DUES 16204 2186670 297470 134271 667305 572350 83953 86025 51996 61667 416002 405440 24396 10562 35024 105819 1160144 970694 343993 94237 25760 27672 8565 1749 378318 123658 X 585753 660888 196073 186148 781826 847036 1160144 970694 65210 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 1042723 283454 -293980 -10526 260681 -271207 85390 76392 8998 330612 329048 1564 10562 DUE FROM AFFILIATES 92484 ROYALTY RECEIVABLE 13335 105819 CAPITAL LEASE PAYABLE 1749 1749 X 2251880 0 2251880 0 2251880 2186670 0 2186670 0 2186670 PART X, LINE 2: THE 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. X 1 1 X X X X 0 0 0 MICHAEL RALSTON PRESIDENT 210354 0 45000 0 0 0 10852 0 13045 0 279251 0 0 0 PART I, LINE 1A ABI 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. FORM 990, PART VI, SECTION A, LINE 6 ABI 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 7A EACH 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 11B THE 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 12C THERE 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 15 PRESIDENT'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 19 ABI 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. IOWA ASSOCIATION OF BUSINESS & INDUSTRY FOUNDATION 400 EAST COURT AVENUE STE 100 DES MOINES IA 50309 421242565 TO DEVELOP A CADRE OF FUTURE LEADERS AND TO MAINTAIN AN ALUMNI GROUP IA 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0