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INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC (EIN 52-1283024)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-12
IRS object ID
201611339349302451
Schema version
2014v6.0
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)
Return2016-05-12T10:59:53-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521853933PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JONES MARESCA & MCQUADE PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11730 RHODE ISLAND AVE NW SUITE 800AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521283024EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INTERNATIONAL ASSOCIATION OF AIRPORTBusinessNameLine1Txt
Business Name Line2DUTY FREE STORESBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlINTEBusinessNameControlTxt
Phone2023671184PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12025 M STREET NW NO 800AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL PAYNEPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2023671184PhoneNum
Signature2016-05-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID JONESPreparerPersonNm
PTINP01361002PTIN
Phone2022963306PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL PAYNEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12025 M STREET NW NO 800AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,314,196GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.IAADFS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1983FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionTO PROMOTE THE AIRPORT DUTY FREE INDUSTRY AS AN IMPORTANT SEGMENT OF THE INTERNATIONAL BUSINESS COMMUNITY; PROVIDE ACTIVITIES WHEREBY OPERATORS OF AIRPORT DUTY FREE STORES AND THEIR SUPPLIERS CAN EXCHANGE INFORMATION ON PRODUCTS AND THEIR DUTY FREE MARKET POTENTIAL; AND SERVE AS A COLLECTIVE VOICE IN REPRESENTING THE AIRPORT DUTY FREE INDUSTRY ON COMMON ISSUES AFFECTING THE MEMBERSHIP.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$2,349,380PYProgramServiceRevenueAmt
CY Program Service Revenue$2,300,970CYProgramServiceRevenueAmt
PY Investment Income$37,764PYInvestmentIncomeAmt
CY Investment Income$13,226CYInvestmentIncomeAmt
PY Other Revenue$101PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,387,245PYTotalRevenueAmt
CY Total Revenue$2,314,196CYTotalRevenueAmt
PY Grants And Similar Paid$12,750PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$15,500CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,022,329PYOtherExpensesAmt
CY Other Expenses$2,167,748CYOtherExpensesAmt
PY Total Expenses$2,035,079PYTotalExpensesAmt
CY Total Expenses$2,183,248CYTotalExpensesAmt
PY Revenues Less Expenses$352,166PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$130,948CYRevenuesLessExpensesAmt
Total Assets BOY$5,063,165TotalAssetsBOYAmt
Total Assets EOY$5,795,997TotalAssetsEOYAmt
Total Liabilities BOY$116,375TotalLiabilitiesBOYAmt
Total Liabilities EOY$718,259TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,946,790NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,077,738NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROMOTE THE AIRPORT DUTY FREE INDUSTRY AS AN IMPORTANT SEGMENT OF THE INTERNATIONAL BUSINESS COMMUNITY; PROVIDE ACTIVITIES WHEREBY OPERATORS OF AIRPORT DUTY FREE STORES AND THEIR SUPPLIERS CAN EXCHANGE INFORMATION ON PRODUCTS AND THEIR DUTY FREE MARKET POTENTIAL; AND SERVE AS A COLLECTIVE VOICE IN REPRESENTING THE AIRPORT DUTY FREE INDUSTRY ON COMMON ISSUES AFFECTING THE MEMBERSHIP.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescCONVENTION - THE DUTY FREE TRADE SHOW IS USUALLY HELD DURING THE SPRING IN FLORIDA. THIS ANNUAL EVENT PROVIDES A FORUM FOR THE DEVELOPMENT OF COMMUNICATION AND BUSINESS RELATIONSHIPS BETWEEN BUYERS AND SELLERS OF DUTY FREE PRODUCTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescGOVERNMENT RELATIONS - IAADFS PROVIDES OTHER MEMBERSHIP SERVICES, INCLUDING AN ONGOING GOVERNMENT RELATIONS PROGRAM WHICH MONITORS ACTIVITIES THAT MIGHT HAVE AN IMPACT ON IAADFS MEMBERS AND RESPONDS ACCORDINGLY.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescPUBLICATIONS - IAADFS PUBLISHES AN ONLINE BI-WEEKLY NEWSLETTER, "NEWSBRIEFS," TO PROVIDE INFORMATION AND UPDATES TO MEMBERS.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
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 Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
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 OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
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 Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
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 Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
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 Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SMITHBUCKLIN CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2023671184PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12025 M STREET NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ALBERTO MOTTA JR
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
DAVID H BERNSTEIN
IMMEDIATE PAST PRESIDENT1.00Yes (X)$0$0$0
SUSAN STACKHOUSE
VICE PRESIDENT/TREASURER1.00Yes (X)Yes (X)$0$0$0
LOUIS SNELDERS
DIRECTOR1.00Yes (X)$0$0$0
PADRAIG DRENNAN
DIRECTOR1.00Yes (X)$0$0$0
SIMON FALIC
DIRECTOR1.00Yes (X)$0$0$0
JOSE GONZALEZ
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL HALPERN
DIRECTOR1.00Yes (X)$0$0$0
JOE LYONS
DIRECTOR1.00Yes (X)$0$0$0
ERASMO ORILLAC
DIRECTOR1.00Yes (X)$0$0$0
RICHARD RENDEK
DIRECTOR1.00Yes (X)$0$0$0
GERRY CRAWFORD
DIRECTOR1.00Yes (X)$0$0$0
ENRIQUE URIOSTE
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL PAYNE
EXECUTIVE DIRECTOR40.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SMITHBUCKLIN CORPORATION
2025 M STREET NW SUITE 800WASHINGTONDC20036MANAGEMENT, INCL EXEC. DIR. COMP$708,973
MARRIOTT BUSINESS SERVICES
8701 WORLD CENTER DRIVEORLANDOFL32821CONVENTION SERVICES$223,799
FX PRODUCATIONS
10001 NW 50TH ST STE W-14FT LAUDERDALEFL33351ENTERTAINMENT$200,409
GLOBAL EXPERIENCE SPECIALISTS INC
PO BOX 96174CHICAGOIL60693EVENT SERVICES$179,268
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONVENTION611430$2,133,370$2,133,370
MEMBERSHIP DUES611710$138,000$138,000
INITIATION FEES611710$24,700$24,700
MEMBERSHIP PROCESSING611710$4,900$4,900
FieldValueIRS element (for citing)
Total Program Service Revenue$2,300,970TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,226TotalRevenueColumnAmt
Exclusion$13,226ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,314,196TotalRevenueColumnAmt
Related Or Exempt Func Income$2,300,970RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$13,226ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$13,000TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$2,500TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$721,687TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,119TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,450TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$2,450TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$5,415TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$365,081TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$81,058TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$25,476TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$55,242TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$850,446TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,946TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmt
DUES & SUBSCRIPTIONS$22,547
MISCELLANEOUS$12,831

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,183,248TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$241,185BOYAmt
EOY$1,998,146EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,777,487BOYAmt
EOY$3,714,985EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$22,429BOYAmt
EOY$74,804EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$769BOYAmt
EOY$471EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$21,295BOYAmt
EOY$7,591EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,063,165BOYAmt
EOY$5,795,997EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$60,775BOYAmt
EOY$669,659EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$45,600BOYAmt
EOY$48,600EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,000BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$116,375BOYAmt
EOY$718,259EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,946,790BOYAmt
EOY$5,077,738EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,946,790BOYAmt
EOY$5,077,738EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,063,165BOYAmt
EOY$5,795,997EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$130,948ReconcilationRevenueExpnssAmt
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 C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$138,000DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$2,450NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$2,450NonDeductibleLbbyngPltclTotAmt
Carried Over$0CarriedOverAmt
Taxable$2,450TaxableAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,314,196TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,314,196RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,314,196TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,183,248TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,183,248ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,183,248TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationIAADFS BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THERE ARE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ERIC D AND STEVEN D HOVDE FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1122 W WASHINGTON AVE STE 350AddressLine1Txt
CityMADISONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53703ZIPCd
FieldValueIRS element (for citing)
Recipient EIN522107093RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$10,000CashGrantAmt
Purpose Of GrantEDELAC SCHOOL EDUCATION DONATION.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationAWARDS ARE TYPICALLY GIVEN TO CHARITIES OFFERING RELIEF TO THOSE AFFECTED BY NATURAL DISASTERS AS VOTED ON BY MEMBERS OF THE BOARD OF DIRECTORS. THESE AWARDS ARE TYPICALLY GIVEN TO RECOGNIZED NATIONAL AND INTERNATIONAL CHARITIES AND THEREFORE MINIMAL MONITORING IS CONSIDERED NECESSARY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2BUSINESS RELATIONSHIP - TWO MEMBERS OF THE BOARD ARE DIRECTORS/OFFICERS ON THE SAME COMPANY.
FORM 990, PART VI, SECTION A, LINE 3IAADFS ENTERED INTO A MANAGEMENT CONTRACT WITH SMITHBUCKLIN. UNDER THE TERMS OF THIS AGREEMENT, IAADFS MAKES PAYMENTS TO SMITHBUCKLIN WHICH COVER STAFF SALARIES AND OTHER OVERHEAD EXPENSES.
FORM 990, PART VI, SECTION A, LINE 4THE ORGANIZATION AMENDED ITS BYLAWS TO UPDATE THE WAY NEW MEMBERS ARE APPROVED. THE FULL BOARD HAS DELEGATED MEMBERSHIP APPROVAL TO THE MEMBERSHIP COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS MEMBERS WHO NOMINATE AND ELECT THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7ATHE MEMBERS OF THE ASSOCIATION SHALL MEET ANNUALLY TO ELECT A BOARD OF DIRECTORS AS PROVIDED BY THE BYLAWS.
FORM 990, PART VI, SECTION B, LINE 11THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GREGISTRATION SERVICES 30,101. DECORATING 230,027. TEMPORARY STAFF SERVICES 10,020. GOVERNMENT RELATIONS 94,933.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION OF AN INDEPENDENT AUDITOR PROCESS DURING THE TAX YEAR.

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