2016-09-07T10:14:47-05:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2015-01-01 521295453 AMERICAN BANKRUPTCY INSTITUTE AMER 7037390800 66 CANAL CENTER PLAZA SUITE 600 ALEXANDRIA VA 223141546 KATHY SHEEHAN CHIEF FINANCIAL OFFICER 7037390800 2016-08-31 1 DAVID TRIMNER P00444822 5712279500 2015 2016-12-15 16:53:06Z SAM GERDANO 66 CANAL CENTER PLAZA SUITE 600 ALEXANDRIA VA 223141546 30177524 0 X WWW.ABIWORLD.ORG X 1982 VA NON-PARTISAN RESEARCH AND EDUCATION ON MATTERS RELATED TO INSOLVENCY. 72 72 50 1500 600822 -2100 451108 7920784 9491796 8824972 117752 246101 80933 78187 10141589 17070044 253272 1098532 0 0 4511147 4732613 0 0 97701 5217282 4826138 9981701 10657283 159888 6412761 13810384 20683933 4116892 4833072 9693492 15850861 X THE AMERICAN BANKRUPTCY INSTITUTE IS THE NATION'S LARGEST ASSOCIATION OF BANKRUPTCY PROFESSIONALS, MADE UP OF OVER 12,000 MEMBERS IN MULTI-DISCIPLINARY ROLES, INCLUDING ATTORNEYS, AUCTIONEERS, BANKERS, JUDGES, LENDERS, PROFESSORS, TURNAROUND SPECIALISTS, ACCOUNTANTS AND OTHERS. ABI IS COMMITTED TO SERVING OUR MEMBERS WITH HIGH-QUALITY CONFERENCES, COMPREHENSIVE CONTINUING EDUCATION, EFFECTIVE LEGAL RESEARCH, AND DYNAMIC NETWORKING OPPORTUNITIES. 0 0 4745278 5234081 CONTINUING LEGAL EDUCATION PROGRAMS FOR BANKRUPTCY PROFESSIONALS AS WELL AS INFORMATIVE PROGRAMS FOR THE GENERAL PUBLIC: IN 2015, ABI HELD EDUCATIONAL PROGRAMS ACROSS THE UNITED STATES AS WELL AS INTERNATIONALLY FOR OVER 10,000 BANKRUPTCY PROFESSIONALS INCLUDING LAWYERS, JUDGES, STUDENTS, LAW CLERKS, ACCOUNTANTS, AUCTIONEERS, PROFESSORS AND OTHER BANKRUPTCY PROFESSIONALS. ABI PROVIDES EDUCATIONAL PROGRAMS THAT SERVE A BROAD GROUP, WHICH INCLUDES BOTH DEBTORS AND CREDITORS, BUSINESS AND CONSUMER PRACTITIONERS, AND TIMELY INSOLVENCY EDUCATION. ABI IS NON-PARTISAN WHILE OFTEN PROVIDING EDUCATIONAL INFORMATION TO CONGRESS AND OTHER PARTIES. 2132504 1098532 339709 PUBLICATION OF PROFESSIONAL JOURNALS, LAW REVIEWS, LEGISLATIVE UPDATES AND OTHER WRITTEN EDUCATIONAL MATERIALS: PUBLICATIONS ARE GEARED FOR A RANGE OF AUDIENCES, BOTH PRACTITIONERS AND THE GENERAL PUBLIC. ELECTRONIC PUBLICATIONS INCLUDE COMMITTEE NEWSLETTERS, WEEKLY/DAILY E-UPDATES. ALSO, INCLUDES THE DEVELOPMENT AND MAINTENANCE OF SEVERAL WEBSITES RELATING TO BANKRUPTCY LAW. ABI'S WEBSITE INCLUDES EXTENSIVE SEARCH CAPABILITIES, COURT DECISION SUMMARIES AND IN-DEPTH ANALYSIS OF CASES. 1334469 CARE PROGRAM: TO EDUCATE HIGH SCHOOL AND COLLEGE STUDENTS ON THE RESPONSIBLE USE OF CREDIT AND OTHER FUNDAMENTALS OF FINANCIAL LITERACY, AS WELL AS THE POTENTIAL CONSEQUENCES OF POOR MONEY MANAGEMENT AND CREDIT CARD ABUSE. ABI OPERATED CARE AS A PROGRAM SERVICE FROM AUGUST 2011 TO JULY 2015. CARE IS NOW INCORPORATED AS ITS OWN 501(C)(3). ABI PROVIDED CARE WITH A $1 MILLION DOLLAR GRANT AT THE END OF 2015. 654552 2650360 MEMBERSHIP SERVICES: PROVIDE SUPPORT SERVICES, CONTINUING EDUCATION, DISCOUNTS ON CONFERENCES AND MEETINGS AND ACCESS TO A HOST OF OTHER SERVICES IN THE FIELD OF BANKRUPTCY. 424748 0 RESEARCH PROJECTS AND GRANTS: FUNDING OF SCHOLARSHIPS, YOUNG SCHOLAR PROGRAM AND SCHOLARLY COMPETITIONS; FUNDING OF "STUDY OF WHY INDIVIDUALS CHOOSE TO FILE FOR CHAPTER 11" WHICH EXPLORED THE REASONS BEHIND INDIVIDUALS FILING FOR BANKRUPTCY UNDER CHAPTER 11, WHICH IS GENERALLY MORE EXPENSIVE AND MORE COMPLICATED THAN FILING UNDER CHAPTER 13; FUNDING OF THE "COMMISSION TO STUDY THE REFORM OF CHAPTER 11" - A TWO-YEAR COMPREHENSIVE STUDY OF HOW TO REFORM AND MODERNIZE THE PROCESS IN COMPLEX CORPORATE CASES. THE 20-MEMBER COMMISSION OF NOTED EXPERTS IS ASSISTED BY MORE THAN 130 EXPERIENCED PROFESSIONALS FROM THE FIELDS OF LAW, TURNAROUND MANAGEMENT, FINANCE, THE JUDICIARY AND ACADEMIA. 277422 0 MEMBERSHIP DEVELOPMENT TO PROVIDE SUPPORT SERVICES 1356722 2650360 9568973 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 50 1 1 1 0 0 0 0 1 1 0 0 0 0 X 72 72 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X KATHY SHEEHAN 7037390800 66 CANAL CENTER PLAZA SUITE 600 ALEXANDRIA VA 223141546 JAMES PATRICK SHEA PRESIDENT 5.00 X X 0 0 0 BRIAN L SHAW IMMEDIATE PAST PRESIDENT 5.00 X X 0 0 0 JEFFREY N POMERANTZ PRESIDENT-ELECT 5.00 X X 0 0 0 PATRICIA A REDMOND CHAIRMAN 5.00 X X 0 0 0 DOUGLAS E DEUTSCH VP-EDUCATION 5.00 X X 0 0 0 DEBORAH L THORNE VP-COMM & INFO TECH 5.00 X X 0 0 0 EDWARD T GAVIN CTP VP-DEVELOPMENT 5.00 X X 0 0 0 RONALD J SILVERMAN VP-INTERNATIONAL 5.00 X X 0 0 0 R SCOTT WILLIAMS VP-MEMBERSHIP 5.00 X X 0 0 0 NANCY B RAPOPORT VP-RESEARCH/GRANTS 5.00 X X 0 0 0 ALANE A BECKET VP-PUBLICATIONS 5.00 X X 0 0 0 JOHN TITTLE JR CPA CIRA TREASURER 5.00 X X 0 0 0 DENNIS R DOW SECRETARY 5.00 X X 0 0 0 DEREK C ABBOTT DIRECTOR 1.00 X 0 0 0 CORINNE BALL DIRECTOR 1.00 X 0 0 0 MARTIN R BARASH DIRECTOR 1.00 X 0 0 0 LISA BECKERMAN DIRECTOR 1.00 X 0 0 0 MICHAEL L BERNSTEIN DIRECTOR 1.00 X 0 0 0 KEVIN J CAREY DIRECTOR 1.00 X 0 0 0 KATHYRN COLEMAN DIRECTOR 1.00 X 0 0 0 PAUL H DEUTCH DIRECTOR 1.00 X 0 0 0 MARY GRACE DIEHL DIRECTOR 1.00 X 0 0 0 DANIEL F DOOLEY DIRECTOR 1.00 X 0 0 0 MICHAEL A FAGONE DIRECTOR 1.00 X 0 0 0 TINAMARIE FEIL DIRECTOR 1.00 X 0 0 0 ROBERT E GERBER DIRECTOR 1.00 X 0 0 0 JAY M GOFFMAN DIRECTOR 1.00 X 0 0 0 LISA SOMMERS GRETCHKO DIRECTOR 1.00 X 0 0 0 MICHELLE M HARNER DIRECTOR 1.00 X 0 0 0 BRUCE A HARWOOD DIRECTOR 1.00 X 0 0 0 WILLIAM H HENRICH DIRECTOR 1.00 X 0 0 0 THOMAS MICHAEL HORAN DIRECTOR 1.00 X 0 0 0 BARBARA J HOUSER DIRECTOR 1.00 X 0 0 0 LAUREL MYERSON ISICOFF DIRECTOR 1.00 X 0 0 0 EVE H KARASIK DIRECTOR 1.00 X 0 0 0 TERESA C KOHL DIRECTOR 1.00 X 0 0 0 DAVID R KUNEY DIRECTOR 1.00 X 0 0 0 RICHARD S LAUTER DIRECTOR 1.00 X 0 0 0 FRANKLIND DAVIS LEA DIRECTOR 1.00 X 0 0 0 DAVID P LEIBOWITZ DIRECTOR 1.00 X 0 0 0 LOIS R LUPICA DIRECTOR 1.00 X 0 0 0 DOUGLAS LUTZ DIRECTOR 1.00 X 0 0 0 MARK M MALONEY DIRECTOR 1.00 X 0 0 0 JERRY M MARKOWITZ DIRECTOR 1.00 X 0 0 0 LORENZO MENDIZABEL DIRECTOR 1.00 X 0 0 0 THOMAS MORROW DIRECTOR 1.00 X 0 0 0 C RAY MULLINS DIRECTOR 1.00 X 0 0 0 NINA M PARKER DIRECTOR 1.00 X 0 0 0 PAMELA PEPPER DIRECTOR 1.00 X 0 0 0 NANCY A PETERMAN DIRECTOR 1.00 X 0 0 0 ROBERT R REYNOLDS DIRECTOR 1.00 X 0 0 0 MITCHELL RYAN DIRECTOR 1.00 X 0 0 0 DAMIAN S SCHAIBLE DIRECTOR 1.00 X 0 0 0 GLENN E SIEGEL DIRECTOR 1.00 X 0 0 0 KELLY BEAUDIN STAPLETON DIRECTOR 1.00 X 0 0 0 MARK G STINGLEY DIRECTOR 1.00 X 0 0 0 ANNEROSE TASHIRO DIRECTOR 1.00 X 0 0 0 RALPH S TULIANO DIRECTOR 1.00 X 0 0 0 EUGENE R WEDOFF DIRECTOR 1.00 X 0 0 0 RISA LYNN WOLF-SMITH DIRECTOR 1.00 X 0 0 0 RUDY J CERONE DIRECTOR 1.00 X 0 0 0 JAMES T MARKUS DIRECTOR 1.00 X 0 0 0 LORIE R BEERS DIRECTOR 1.00 X 0 0 0 DEBORAH A CRABBE DIRECTOR 1.00 X 0 0 0 SCOTT F GAUTIER ESQ DIRECTOR 1.00 X 0 0 0 MARGARET HOWARD DIRECTOR 1.00 X 0 0 0 DENNIS J LEVINE DIRECTOR 1.00 X 0 0 0 RICHARD M METH ESQ DIRECTOR 1.00 X 0 0 0 FRANCIS A MONACO JR DIRECTOR 1.00 X 0 0 0 J SCOTT VICTOR DIRECTOR 1.00 X 0 0 0 LYNETTE R WARMAN DIRECTOR 1.00 X 0 0 0 IAN G WILLIAMS DIRECTOR 1.00 X 0 0 0 SAM GERDANO EXECUTIVE DIRECTOR 40.00 X 509400 0 119186 KATHY SHEEHAN CHIEF FINANCIAL OFFICER 40.00 X 225011 0 24566 AMY QUACKENBOSS DEPUTY EXECUTIVE DIRECTOR 40.00 X 213376 0 20196 JENNIFER DUGAS CONFERENCE DIRECTOR 40.00 X 189270 0 15478 MARY KLEPPINGER DIRECTOR OF ADMINISTRATION 40.00 X 168000 0 8777 KARIM GUIRGUIS CHIEF INFORMATION OFFICER 40.00 X 164261 0 16905 PATTY SADUSKY ACCOUNTING MANAGER 40.00 X 128406 0 18399 CHRIS THACKSTON DIRECTOR OF MEMBERSHIP 40.00 X 127383 0 15638 SIRISH AYYAGARI DRUPAL ARCHITECT 40.00 X 124550 0 9254 JENNIFER GUIRGUIS MEETING PLANNER 40.00 X 121884 0 15256 JOHN HARTGEN PUBLIC AFFAIRS MANAGER 40.00 X 116412 0 14329 2087953 0 277984 13 0 1 0 VISION CREATIVE 5598 GENERAL WASHINGTON DR ALEXANDRIA VA 22312 AUDIO/VIDEO PRODUCTION 306517 WEBMETTLE LLC PO BOX 1707 ALEXANDRIA VA 22314 WEB HOSTING SERVICES 113557 2 60504 7860280 7920784 CONFERENCES AND MEETINGS 541900 5234081 5234081 MEMBERSHIP DUES 541900 2650360 2650360 PUBLICATIONS 541800 940531 339709 600822 8824972 240879 240879 69837 69837 66000 66000 0 12994845 3432 12989623 3432 5222 0 5222 5222 47835 60504 48425 -590 -590 ADMINISTRATION FEE 561000 8940 8940 8940 17070044 8224150 600822 324288 1031667 1031667 66865 66865 1674425 1329448 324095 20882 2372496 1883696 459212 29588 19237 15274 3723 240 395456 311163 79394 4899 270999 217982 49604 3413 21158 21158 24519 24519 6400 6400 4221 4221 15246 15246 419716 390160 28661 895 383571 179248 201900 2423 1857 1857 440789 23827 416962 318543 274447 44096 191284 155692 35592 2410563 2395516 15047 3972 3972 125406 16018 109388 16278 16278 CREDIT CARD FEES 143250 143250 STAFF RECRUITMENT 84289 50883 33406 UNRELATED BUSINESS INCO 37623 37623 OVERHEAD ALLOCATION 0 1089883 -1109779 19896 177453 135347 41688 418 10657283 9568973 990609 97701 90178 298481 1303319 7830683 126060 108146 139300 102707 388846 307852 801100 586265 305132 214835 11321354 11667238 136195 153991 13810384 20683933 882558 892392 1000000 2721036 2514850 513298 425830 4116892 4833072 X 9421194 15540088 272298 310773 9693492 15850861 13810384 20683933 6412761 -255392 0 X 0 1 X 1 0 X 1082870 287828 485906 451108 7920784 10228496 8641458 8620494 8817357 8783733 8224150 43087192 9724328 8908322 9303263 9234841 16144934 53315688 6000 5000 10000 7500 28500 86495 86495 6000 5000 96495 7500 114995 53200693 313660 267787 217134 236396 376716 1411693 180453 155836 93257 89523 0 519069 494113 423623 310391 325919 376716 1930762 0 26026 26026 7117 6886 6182 4705 8940 33830 10225558 9364857 9619836 9565465 16530590 55306306 0.96190 0.94890 0.03490 0.02730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 227216 115571 111645 197168 146830 50338 376716 323864 52852 214835 DEFERRED COMPENSATION 107042 DEFERRED RENT 285173 CAPITAL LEASE 33615 425830 X 16956099 -255392 27022 114425 -113945 17070044 0 17070044 10798730 27022 114425 141447 10657283 0 10657283 PART X, LINE 2: THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 48,425. RENTAL EXPENSES 66,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 48,425. RENTAL EXPENSES 66,000. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES EDUCATIONAL CONFERENCE 53707 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES EDUCATIONAL CONFERENCE 71902 EUROPE 0 0 PROGRAM SERVICES EDUCATIONAL CONFERENCE 39539 0 1 0 0 0 1 165148 0 165148 0 0 0 0 0 0 MW WINE DINNER 28725 17775 10950 17029 1395 HOCKEY EVENT 14186 11006 3180 4250 806 4 65428 31723 33705 12289 8671 3985 108339 60504 47835 29318 12921 6186 48425 -590 1 ST JOHN'S UNIVERSITY SCHOOL OF LAW 8000 UTOPIA BLVD JAMAICA NY 11439 111630830 501(C)(3) 10000 MOOT COURT COMPETITION STIPEND ST JOHN'S UNIVERSITY SCHOOL OF LAW 8000 UTOPIA BLVD JAMAICA NY 11439 111630830 501(C)(3) 15000 LAW REVIEW SCHOLARSHIP THE REGENTS OF UCLA BOX 957089 1125 MURPHY HALL LOS ANGELES CA 90095 956006143 501(C)(3) 6667 BANKRUPTCY RESEARCH DATABASE CREDIT ABUSE RESISTANCE ORGANIZATION 66 CANAL CENTER PLAZA SUITE 600 ALEXANDRIA VA 22314 810788358 501(C)(3) 1000000 CONTRIBUTION TO THE CARE PROGRAM 4 0 MOOT COURT COMPETITION 16 23000 CORP RESTRUCTURING COMPETITION 12 12000 BANKRUPTCY RESEARCH DATABASE FUNDING 1 6667 ST. JOHN'S UNIVERSITY LL.M. SCHOLARSHIP 1 15000 INDIVIDUAL CHAPTER 11 GRANT 1 8420 AN EMPIRICAL STUDY ON WHY INDIVIDUALS CHOOSE TO FILE CHAPTER 11 OR CHAPTER 13. PART I, LINE 2: REGULAR REPORTS ARE MADE TO THE VP OF RESEARCH. PROGRESS ON GRANTS ARE REPORTED AND MONITORED BY THE RESEARCH GRANT COMMITTEE AND THE BOARD OF DIRECTORS. REIMBURSMENT REQUESTS ARE APPROVED BY THE EXCECUTIVE DIRECTOR AND CFO. X X X X X 0 1 0 0 0 0 0 1 0 SAM GERDANO EXECUTIVE DIRECTOR 399922 0 90000 0 19478 0 85684 0 33502 0 628586 0 90000 0 KATHY SHEEHAN CHIEF FINANCIAL OFFICER 225011 0 0 0 0 0 12183 0 12383 0 249577 0 0 0 AMY QUACKENBOSS DEPUTY EXECUTIVE DIRECTOR 213376 0 0 0 0 0 11738 0 8458 0 233572 0 0 0 JENNIFER DUGAS CONFERENCE DIRECTOR 189270 0 0 0 0 0 7365 0 8113 0 204748 0 0 0 MARY KLEPPINGER DIRECTOR OF ADMINISTRATION 168000 0 0 0 0 0 6695 0 2082 0 176777 0 0 0 KARIM GUIRGUIS CHIEF INFORMATION OFFICER 164261 0 0 0 0 0 9075 0 7830 0 181166 0 0 0 PART I, LINE 4B SAMUEL J. GERDANO - THE 457(F) PLAN. $21,937 -- FUNDED AS PER PLAN DOCUMENTS/GUIDELINES. PART I, LINE 7 SOME KEY EMPLOYEES RECEIVED BONUS PAYMENTS AS PART OF THEIR COMPENSATION. THE AMOUNTS WERE PERFORMANCE BASED. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL HAVE 17 MEMBERS, CONSISTING OF 13 OFFICERS AND 4 AT-LARGE MEMBERS. THE PRESIDENT IS THE PRESIDING OFFICER OF THE COMMITTEE. THE COMMITTEE SHALL BE RESPONSIBLE FOR THE DEVELOPMENT AND IMPLEMENTATION OF POLICY, SUSPENSION OR REMOVAL OR REPLACEMENT OF ANY OFFICER OR MEMBER OF THE EXECUTIVE COMMITTEE, EMPLOYMENT OR TERMINATION OF THE EXECUTIVE DIRECTOR, PROPOSAL OF AN ANNUAL BUDGET FOR PRESENTATION TO THE BOARD, AND EXCEPT FOR FUNDAMENTAL CHANGES TO THE INSTITUTE, SHALL EXERCISE ALL OF THE POWERS OF THE BOARD BETWEEN SCHEDULED BOARD MEETINGS, ANY SUCH EXERCISE TO BE TREATED AS FORMAL AND FINAL ACTION BY THE BOARD WITHOUT THE NECESSITY FOR LATER RATIFICATION OR CONSENT. FORM 990, PART VI, SECTION A, LINE 2 MEMBERS OF THE BOARD MAY HAVE BUSINESS RELATIONSHIPS WITH OTHER MEMBERS AS THEY PRACTICE IN THE SAME BUSINESS AREA. NO MEMBERS OF THE BOARD HAVE BUSINESS DEALINGS THAT PRESENT A CONFLICT OF INTEREST WITH ABI. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE GROUPED AS REGULAR, GOVERNMENT/PROFESSOR/NON-PROFIT AND STUDENT. MEMBERS DUES VARY BASED UPON THESE CLASSES BUT EACH HAS THE SAME BENEFITS AND STATUS. FORM 990, PART VI, SECTION B, LINE 11 THE TAX RETURN IS PREPARED BY THE ORGANIZATION'S ACCOUNTING FIRM. FIRST, IT IS REVIEWED BY THE CFO AND THE ACCOUNTING MANAGER. AFTER A FINAL DRAFT HAS BEEN PRODUCED, THE DOCUMENT IS REVIEWED BY THE FINANCE COMMITTEE; THE FINANCE COMMITTEE HAS THE OPPORTUNITY TO DISCUSS EITHER BY EMAIL OR BY PHONE. WHEN THE FINANCE COMMITTEE IS SATISFIED WITH THE DRAFT, IT WILL RECOMMEND TO THE BOARD TO ACCEPT THE DRAFT AS FINAL. THE FULL BOARD OF DIRECTORS ARE GIVEN THE OPPORTUNITY TO ASK QUESTIONS OR SUGGEST CHANGES BEFORE THE FINAL DRAFT IS SENT TO THE IRS. THE CFO PROVIDES BOTH GROUPS WITH A DOCUMENT THAT HELPS THEM IDENTIFY KEY ITEMS AS WELL AS RECONCILE THE 990 TO THE AUDITED FINANCIAL STATEMENTS (WHICH THEY HAVE APPROVED DURING THE MONTH OF APRIL). FORM 990, PART VI, SECTION B, LINE 12C THE AMERICAN BANKRUPTCY INSTITUTE (ABI) HAS A WRITTEN CONFLICT OF INTEREST POLICY WHICH IT GIVES TO ALL MEMBERS OF THE BOARD OF DIRECTORS. THE DIRECTORS ARE REQUIRED TO SIGN A FORM DISCLOSING ANY CONFLICTS AND ACKNOWLEDGING THAT THEY HAVE READ AND UNDERSTOOD THE POLICY. THE CFO TRACKS THE SUBMISSION OF THESE FORMS TO INSURE THAT ALL MEMBERS OF THE BOARD HAVE SIGNED THE FORM. THE FORM IS DISTRIBUTED TO NEW MEMBERS OF THE BOARD WHEN THEY JOIN AND ANNUALLY TO ALL MEMBERS OF THE BOARD. CURRENTLY, THERE ARE NO DISCLOSED OR KNOWN CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE ABI HAS A COMPENSATION COMMITTEE WHICH REVIEWS THE EXECUTIVE DIRECTOR'S SALARY AND COMPARES IT TO INDUSTRY AVERAGES. METHODS OF COMPENSATION RESEARCH INCLUDE (BUT ARE NOT LIMITED TO) COMPENSATION SURVEYS AND STUDIES. THE ED SALARIES AND BONUS ARE RECOMMENDED BY THE COMPENSATION COMMITTEE AND APPROVED BY THE EXECUTIVE COMMITTEE. THE ED HAS A WRITTEN EMPLOYMENT CONTRACT. OTHER STAFF MEMBERS' SALARIES ARE DETERMINED BY THE ED BASED ON PERFORMANCE AND SUBJECT TO BUDGETARY RESTRICTIONS. OTHER STAFF MEMBERS' SALARIES ARE DETERMINED BY THE EXECUTIVE DIRECTOR BASED UPON PERFORMANCE AND SUBJECT TO BUDGETARY RESTRICTIONS. THE EXECUTIVE DIRECTOR ALSO USES INDUSTRY AVERAGES, COMPENSATION SURVEYS AND STUDIES. FORM 990, PART VI, SECTION C, LINE 19 ABI'S FORM 990, GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE (WWW.ABIWORLD.ORG) AND DISTRIBUTED TO MEMBERS OF THE BOARD OF DIRECTORS. WRITTEN COPIES ARE ALSO AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.