2016-11-10T14:15:25-06:00 2015-12-31 222428965 CITRIN COOPERMAN & CO LLP 7101 WISCONSIN AVE SUITE 1012 BETHESDA MD 20814 990 2015-01-01 237309986 INSTITUTE OF INTERNATIONAL CONTAINER LESSORS LTD INST 2022239800 1120 CONNECTICUT AVE NW NO 440 WASHINGTON DC 20036 STEVE BLUST PRESIDENT 2022239800 2016-08-08 1 PHILIP R BAKER P00010692 3016549000 2016-11-09 2015 2017-02-10 21:41:12Z STEVE BLUST 1120 CONNECTICUT AVE NW 440 WASHINGTON DC 200363946 1129161 0 X WWW.IICL.ORG X 1972 DE TO PROMOTE THE INTERESTS OF ITS MEMBERS AND IMPROVE CONDITIONS WITHIN THE CONTAINER AND CHASSIS LEASING INDUSTRY. 13 13 3 43 0 0 0 0 899402 984798 312 62 75585 81879 975299 1066739 7554 12310 0 0 597320 607762 0 0 0 385578 497438 990452 1117510 -15153 -50771 611280 577459 75468 92418 535812 485041 X TO PROMOTE THE INTERESTS OF ITS MEMBERS AND IMPROVE CONDITIONS WITHIN THE CONTAINER AND CHASSIS LEASING INDUSTRY. 0 0 EXAMINATIONS AND COURSES - THERE WERE 724 INSPECTORS CERTIFIEDDURING THE YEAR. A TOTAL OF 9 SCHEDULED COURSES AND 4 CUSTOM COURSES WERE HELD. MEMBER SERVICES - IMPLEMENTED A LEARNING MANAGEMENT SYSTEM FOR PRESENTATION OF A ONLINE COURSE WITH A CERTIFICATE OF COMPLETION COVERING THE CONVENTION FOR SAFE CONTAINER (1972). PUBLICATIONS AND TOOLS - A REVIEW OF THE REFRIGERATOR CONTAINER MANUAL PROGRESSED DURING 2015 WITH RELEASE OF REVISED MANUAL EXPECTED IN 2016. THE INSTITUTE CONTINUED ITS COLLEGE LEVEL SCHOLARSHIP PROGRAM IN 2015 FOR UNIVERSITY STUDENTS STUDYING INTERNATIONAL LOGISTICS AND TRANSPORTATION. IN 2015 5 SCHOLARSHIPS WERE GIVEN. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 3 1 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X THE INSTITUTE 2022239800 1120 CONNECTICUT AVE NW STE 440 WASHINGTON DC 200363946 CELINE WEI PAST CHAIRMAN 1.00 X X 0 0 0 PHILIP BREWER CHAIRMAN 1.00 X X 0 0 0 SIMON VERNON FIRST VICE PRESIDENT 1.00 X X 0 0 0 GEORGE M ELKAS TREASURER 1.00 X X 0 0 0 RICHARD BARREAU DIRECTOR 1.00 X 0 0 0 PETER SU DIRECTOR 1.00 X 0 0 0 JEFFREY GANNON DIRECTOR 1.00 X 0 0 0 VICTOR GARCIA DIRECTOR 1.00 X 0 0 0 JOSEPH KWOK MEMBER AT LARGE 1.00 X X 0 0 0 KEITH LOVETRO SECOND VICE PRESIDENT 1.00 X X 0 0 0 JEREMY MATTHEW DIRECTOR 1.00 X 0 0 0 WILLIAM SHEA JR MEMBER AT LARGE 1.00 X X 0 0 0 BRIAN SONDEY DIRECTOR 1.00 X 0 0 0 STEVE BLUST PRESIDENT/SECRETARY 40.00 X 246219 0 48874 GARY DANBACK TECHNICAL SERVICES DIRECTOR 40.00 X 176998 0 33081 423217 0 81955 2 0 1 0 0 MEMBERSHIP DUES AND AS 900099 500000 500000 CONTAINER INSPECTORS' 611600 368065 368065 CONTINUING PROFESSIONA 611600 69540 69540 CHASSIS INSPECTORS' EX 611600 36925 36925 FLOORING AUDIT PROGRAM 541900 10268 10268 984798 62 62 144301 62422 81879 81879 1066739 1066677 0 62 7500 4810 304270 256214 5771 13775 27732 131425 57600 2850 1186 61436 20599 51963 7891 106983 571 14669 OTHER PROGRAM EXPENSES 33048 OTHER MGT & GENERAL EXP 7217 1117510 300 300 532713 472294 11265 44453 25882 20180 27620 27303 22561 18847 4285 3714 9215 9215 611280 577459 71173 91418 4295 1000 75468 92418 X 535812 485041 535812 485041 611280 577459 -50771 0 X 0 1 X 1 0 0 0 1 500000 1273 225 1498 225 1273 2918 2918 0 19643 15929 3714 3714 X 1129161 62422 62422 1066739 0 1066739 1179932 62422 62422 1117510 0 1117510 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD SCHEDULE D, PART XI, LINE 2D OTHER AMOUNT INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART VIII, LINE 12......$ 62,422 COST OF GOODS SOLD SCHEDULE D, PART XII, LINE 2D OTHER AMOUNT INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART IX, LINE 25......$ 62,422 COST OF GOODS SOLD SCHEDULE D, PART X, LINE 2 THE INSTITUTE RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 740, INCOME TAXES. UNDER THIS GUIDANCE, THE INSTITUTE ASSESSES THE LIKELIHOOD, BASED ON THE TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGINZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. USING THIS GUIDANCE, MANAGEMENT BELIEVES THAT THE INSTITUTE HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2015 OR 2014. THE INSTITUTE FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTIONS AND VARIOUS STATE AND LOCAL JURISDICTIONS. GENERALLY, THE INSTITUTE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2012. 1 SOUTH AMERICA 0 1 PROGRAM SERVICES EDUCATIONAL SEMINARS 1000 CENTRAL AMERICA AND THE CARRIBEAN 0 3 PROGRAM SERVICES EXAMINATIONS 1000 EAST ASIA AND THE PACIFIC 0 13 PROGRAM SERVICES EXAMINATIONS 8000 EUROPE 0 6 PROGRAM SERVICES EXAMINATIONS 3000 MIDDLE EAST AND NORTH AFRICA 0 2 PROGRAM SERVICES EXAMINATIONS 3000 NORTH AMERICA 0 5 PROGRAM SERVICES EXAMINATIONS 2000 SOUTH AMERICA 0 4 PROGRAM SERVICES EXAMINATIONS 2000 SOUTH ASIA 0 3 PROGRAM SERVICES EXAMINATIONS 2000 SUB-SAHARAN AFRICA 0 3 PROGRAM SERVICES EXAMINATIONS 1000 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING GRANTS 3000 EUROPE 0 0 GRANTMAKING GRANTS 2000 0 37 0 3 0 40 22000 6000 28000 0 0 0 0 0 0 PART I, LINE 2: GRANT MONITORING OUTSIDE THE UNITED STATES THE INSTITUTE PROVIDES SCHOLARSHIP GRANTS TO UNIVERSITY STUDENTS STUDYING INTERNATIONAL LOGISTICS AND TRANSPORTATION. THESE GRANTS ARE DIRECTLY GIVEN TO THE UNIVERSITIES FOR THE BENEFIT OF THE AWARDED STUDENTS. THE UNIVERSITIES NEED TO PROVIDE A STATUS OR PROGRESS REPORT TO THE INSTITUTE PERIODICALLY. X X X 0 0 0 STEVE BLUST PRESIDENT/SECRETARY 246219 0 0 0 0 0 8253 0 924 0 255396 0 0 0 GARY DANBACK TECHNICAL SERVICES DIRECTOR 168498 0 8500 0 0 0 5110 0 544 0 182652 0 0 0 PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE BOARD CHAIR AND TREASURER NEGOTIATED A CONTRACT WITH THE PRESIDENT WHEN HE WAS HIRED. THIS CONTRACT IS FOR MULTIPLE YEARS AND WILL BE NEGOTIATED AT THE END OF THE CONTRACT PERIOD. THE BOARD CHAIR AND TREASURER ARE INDEPENDENT VOLUNTEER MEMBERS OF THE BOARD. FORM 990. PAGE 3, PART IV, LINE 11F THE INSTITUTE RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 740, INCOME TAXES. UNDER THIS GUIDANCE, THE INSTITUTE ASSESSES THE LIKELIHOOD, BASED ON THE TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGINZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. USING THIS GUIDANCE, MANAGEMENT BELIEVES THAT THE INSTITUTE HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2015 OR 2014. THE INSTITUTE FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTIONS AND VARIOUS STATE AND LOCAL JURISDICTIONS. GENERALLY, THE INSTITUTE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2012. FORM 990, PART VI, SECTION A, LINE 6 GOVERNING BODY AND MANAGEMENT A MEMBER IS ANY BUSINESS WHICH IS ACTIVELY ENGAGED IN THE LEASING OF CONTAINERS OR CHASSIS AND RELATED EQUIPMENT TO CARRIERS AND OTHERS ON AN INTERNATIONAL BASIS AND WHICH IS AFFILIATED NEITHER WITH SUPPLIERS NOR CUSTOMERS OF THE CONTAINER AND CHASSIS LEASING INDUSTRY. EACH MEMBER IS ENTITLED TO ONE VOTE ON ALL QUESTIONS AT MEETINGS OF THE INSTITUTE OR UPON CIRCULATION OF QUESTIONS FOR ACTION IN WRITING. FORM 990, PART VI, SECTION A, LINE 7A A MEMBER IS ANY BUSINESS WHICH IS ACTIVELY ENGAGED IN THE LEASING OF CONTAINERS OR CHASSIS AND RELATED EQUIPMENT TO CARRIERS AND OTHERS ON AN INTERNATIONAL BASIS AND WHICH IS AFFILIATED NEITHER WITH SUPPLIERS NOR CUSTOMERS OF THE CONTAINER AND CHASSIS LEASING INDUSTRY. EACH MEMBER IS ENTITLED TO ONE VOTE ON ALL QUESTIONS AT MEETINGS OF THE INSTITUTE OR UPON CIRCULATION OF QUESTIONS FOR ACTION IN WRITING. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 PROVIDED TO THE GOVERNING BODY THE BOARD OF DIRECTORS HAS DELEGATED REVIEW OF THE FORM 990 TO THE TREASURER AND PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE REGULARLY MONITORS COMPLIANCE WITH THE POLICY THROUGH DISCUSSION DURING ANNUAL MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A PROCESS FOR DETERMINING COMPENSATION THE BOARD CHAIR AND TREASURER NEGOTIATED A CONTRACT WITH THE PRESIDENT WHEN HE WAS HIRED. THIS CONTRACT IS FOR MULTIPLE YEARS AND WILL BE NEGOTIATED AT THE END OF THE CONTRACT PERIOD. THE BOARD CHAIR AND TREASURER ARE INDEPENDENT VOLUNTEER MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS FORM 990 AND FORM 1024 WILL BE MADE AVAILABLE UPON REQUEST .