IOWA ASSOCIATION OF BUSINESS & INDUSTRY: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
IOWA ASSOCIATION OF BUSINESS & INDUSTRY (EIN 42-0332900)
Tax period
2015-07-01 to 2016-06-30
Filed
2016-11-10
IRS object ID
201613159349304051
Schema version
2015v2.1
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)
Return2016-11-10T16:01:37-06:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

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 Begin2015-07-01TaxPeriodBeginDt

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
Phone5152350571PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 EAST COURT AVEAddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50309ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL RALSTONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5152350571PhoneNum
Signature2016-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK D WYZGOWSKIPreparerPersonNm
PTINP00149922PTIN
Phone5152224400PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL RALSTONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 EAST COURT AVEAddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50309ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,143,451GrossReceiptsAmt
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 Body60VotingMembersGoverningBodyCnt
Voting Members Independent60VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers60TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,290,206PYContributionsGrantsAmt
CY Contributions Grants$1,206,458CYContributionsGrantsAmt
PY Program Service Revenue$763,203PYProgramServiceRevenueAmt
CY Program Service Revenue$679,273CYProgramServiceRevenueAmt
PY Investment Income$56PYInvestmentIncomeAmt
CY Investment Income$287CYInvestmentIncomeAmt
PY Other Revenue$256,164PYOtherRevenueAmt
CY Other Revenue$257,433CYOtherRevenueAmt
PY Total Revenue$2,309,629PYTotalRevenueAmt
CY Total Revenue$2,143,451CYTotalRevenueAmt
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$1,111,332PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,194,559CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,108,747PYOtherExpensesAmt
CY Other Expenses$1,011,033CYOtherExpensesAmt
PY Total Expenses$2,220,079PYTotalExpensesAmt
CY Total Expenses$2,205,592CYTotalExpensesAmt
PY Revenues Less Expenses$89,550PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$62,141CYRevenuesLessExpensesAmt
Total Assets BOY$1,122,457TotalAssetsBOYAmt
Total Assets EOY$1,160,144TotalAssetsEOYAmt
Total Liabilities BOY$278,490TotalLiabilitiesBOYAmt
Total Liabilities EOY$378,318TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$843,967NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$781,826NetAssetsOrFundBalancesEOYAmt
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
DescABI DEVELOPS PROGRAMMING WITH THE INPUT OF MEMBERS TO PROVIDE SOLUTIONS TO COMMON QUESTIONS IN IOWA'S BUISNESS 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 Document63IRPDocumentCnt
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 Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members60GoverningBodyVotingMembersCnt
Independent Voting Member60IndependentVotingMemberCnt
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)
Phone5152350571PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 EAST COURT AVE STE 100AddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50309ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (62 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
PAUL GREGOIRE
CHAIR2.00Yes (X)Yes (X)$0$0$0
LORI SCHAEFER-WEATON
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
DAVE ZROSTLIK
TREASURER2.00Yes (X)Yes (X)$0$0$0
DAVID BYWATER
SECRETARY2.00Yes (X)Yes (X)$0$0$0
MARK HANAWALT
PAST CHAIR2.00Yes (X)Yes (X)$0$0$0
SEAN ABBAS
DIRECTOR1.00Yes (X)$0$0$0
KIM AUGSPURGER
DIRECTOR1.00Yes (X)$0$0$0
DEE BAIRD
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
STEVE BRODY
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
RAND FISHER
DIRECTOR1.00Yes (X)$0$0$0
JARED GRAENING
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
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
KELLAN LONGENECKER
DIRECTOR1.00Yes (X)$0$0$0
KIRK MCCULLOUGH
DIRECTOR1.00Yes (X)$0$0$0
TODD MCDONALD
DIRECTOR1.00Yes (X)$0$0$0
JACK MCFARLAND
DIRECTOR1.00Yes (X)$0$0$0
ALAN MORES
DIRECTOR1.00Yes (X)$0$0$0
MERLE PEDERSON
DIRECTOR1.00Yes (X)$0$0$0
RICHARD PHELAN
DIRECTOR1.00Yes (X)$0$0$0
JACK PRAY
DIRECTOR1.00Yes (X)$0$0$0
CHARLES RICHARDSON
DIRECTOR1.00Yes (X)$0$0$0
JOHN RICHES
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN ROBERTS
DIRECTOR1.00Yes (X)$0$0$0
KURT ROUSE
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 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
LORI THIELEN
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 VOGEL
DIRECTOR1.00Yes (X)$0$0$0
PETER VOORHEES
DIRECTOR1.00Yes (X)$0$0$0
NATE WEATON
DIRECTOR1.00Yes (X)$0$0$0
THOMAS YEOMAN
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL RALSTON
PRESIDENT40.00Yes (X)$264,726$0$13,487
NICOLE CRAIN
SENIOR VICE PRESIDENT40.00$127,299$0$5,350Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$392,025TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$18,837TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
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$163,549CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$1,011,458MembershipDuesAmt
All Other Contributions$195,000AllOtherContributionsAmt
Total Contributions$1,206,458TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONVENTION INCOME611430$468,388$468,388
SEMINARS611430$210,885$210,885
FieldValueIRS element (for citing)
Total Program Service Revenue$679,273TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$287TotalRevenueColumnAmt
Exclusion$287ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$52,529TotalRevenueColumnAmt
Exclusion$52,529ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MANAGEMENT SERVICES541610$199,904$199,904
PUBLIC POLICY541900$5,000$5,000
FieldValueIRS element (for citing)
Other Revenue Total$204,904OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,143,451TotalRevenueColumnAmt
Related Or Exempt Func Income$884,177RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$52,816ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$278,213TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$745,709TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$27,431TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$69,305TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$73,901TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,908TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,571TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$18,134TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$278,585TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$150,990TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$11,177TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$425,506TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$539TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$35,210TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmt
PROGRAM AND MEMBER RELA$66,603
COMMUNICATIONS AND PRIN$11,810

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,205,592TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$591,221BOYAmt
EOY$768,702EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$122,889BOYAmt
EOY$103,137EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$56,284BOYAmt
EOY$51,996EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$413,234LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$388,838LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$59,606BOYAmt
EOY$24,396EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$292,457BOYAmt
EOY$211,913EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,122,457BOYAmt
EOY$1,160,144EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$229,350BOYAmt
EOY$343,993EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$34,041BOYAmt
EOY$25,760EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,099BOYAmt
EOY$8,565EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$278,490BOYAmt
EOY$378,318EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$618,870BOYAmt
EOY$585,753EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$225,097BOYAmt
EOY$196,073EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$843,967BOYAmt
EOY$781,826EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,122,457BOYAmt
EOY$1,160,144EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$62,141ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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$1,011,458DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$219,331NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov-$260,446NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot-$41,115NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$252,865AggregateReportedDuesNtcAmt
Taxable-$293,980TaxableAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$85,390OtherCostOrOtherBasisAmt
Depreciation$70,685DepreciationAmt
Book Value$14,705BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$327,844OtherCostOrOtherBasisAmt
Depreciation$318,153DepreciationAmt
Book Value$9,691BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$24,396TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
TEMPORARILY RESTRICTED FOR EDUCATIONAL FUND - CASH & CASH EQUIVALENTS$196,073
DUE FROM AFFILIATES$15,840
FieldValueIRS element (for citing)
Total Book Value Other Assets$211,913TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCAPITAL LEASE PAYABLEDesc
Amt$8,565Amt
FieldValueIRS element (for citing)
Total Liability$8,565TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,143,451TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,143,451RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,143,451TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,205,592TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,205,592ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,205,592TotalExpensesPerForm990Amt

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, 2016 AND 2015. LOBBYING ACTIVITIES ARE DISCLOSED AS BEING NON-DEDUCTIBLE 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, 2016 AND 2015.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
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$224,726BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$40,000BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$7,707DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$5,780NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$278,213TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6ABI HAS ONE CLASS OF VOTING MEMBERS, WITH RIGHTS AS DEFINED IN THE BYLAWS.
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 11THE 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 PERIOD REVIEWS FOR POTENTIAL CONFLICTS CONDUCTED BY BOARD AND STAFF.
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.
FORM 990, PART VI, SECTION C, LINE 19ABI MAKES THE FORM 990, ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.

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 Line1904 WALNUT ST 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 9PublicCharityStatusTxt
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 Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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