IOWA ASSOCIATION OF BUSINESS & INDUSTRY: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
IOWA ASSOCIATION OF BUSINESS & INDUSTRY (EIN 42-0332900)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-16
IRS object ID
201641379349308924
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)
Return2016-05-16T15:57:18-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

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 Begin2014-07-01TaxPeriodBeginDt

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
Signature2016-05-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK D WYZGOWSKIPreparerPersonNm
PTINP00149922PTIN
Phone5152224400PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

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$2,309,629GrossReceiptsAmt
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 Body59VotingMembersGoverningBodyCnt
Voting Members Independent59VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers59TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,163,211PYContributionsGrantsAmt
CY Contributions Grants$1,290,206CYContributionsGrantsAmt
PY Program Service Revenue$645,428PYProgramServiceRevenueAmt
CY Program Service Revenue$763,203CYProgramServiceRevenueAmt
PY Investment Income$127PYInvestmentIncomeAmt
CY Investment Income$56CYInvestmentIncomeAmt
PY Other Revenue$232,879PYOtherRevenueAmt
CY Other Revenue$256,164CYOtherRevenueAmt
PY Total Revenue$2,041,645PYTotalRevenueAmt
CY Total Revenue$2,309,629CYTotalRevenueAmt
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$1,076,486PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,111,332CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,174,082PYOtherExpensesAmt
CY Other Expenses$1,108,747CYOtherExpensesAmt
PY Total Expenses$2,250,568PYTotalExpensesAmt
CY Total Expenses$2,220,079CYTotalExpensesAmt
PY Revenues Less Expenses-$208,923PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$89,550CYRevenuesLessExpensesAmt
Total Assets BOY$1,082,358TotalAssetsBOYAmt
Total Assets EOY$1,122,457TotalAssetsEOYAmt
Total Liabilities BOY$327,941TotalLiabilitiesBOYAmt
Total Liabilities EOY$278,490TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$754,417NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$843,967NetAssetsOrFundBalancesEOYAmt
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 Members59GoverningBodyVotingMembersCnt
Independent Voting Member59IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
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 (61 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MYRON LINN
CHAIR2.00Yes (X)Yes (X)$0$0$0
MARK HANAWALT
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
LARRY COUNTRYMAN
TREASURER2.00Yes (X)Yes (X)$0$0$0
LORI SCHAEFER-WEATON
SECRETARY2.00Yes (X)Yes (X)$0$0$0
DENNIS MURDOCK
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
JANE BELL
DIRECTOR1.00Yes (X)$0$0$0
BOB BOCKEN
DIRECTOR1.00Yes (X)$0$0$0
STEVEN BRADFORD
DIRECTOR1.00Yes (X)$0$0$0
SUSAN BUNZ
DIRECTOR1.00Yes (X)$0$0$0
DAVID BYWATER
DIRECTOR1.00Yes (X)$0$0$0
CASEY CASON
DIRECTOR1.00Yes (X)$0$0$0
TIM CONLON
DIRECTOR1.00Yes (X)$0$0$0
DARRELL COOK
DIRECTOR1.00Yes (X)$0$0$0
A JOHN DAVIS
DIRECTOR1.00Yes (X)$0$0$0
THOMAS DETERMANN
DIRECTOR1.00Yes (X)$0$0$0
PAUL DREY
DIRECTOR1.00Yes (X)$0$0$0
MIKE ESPESET
DIRECTOR1.00Yes (X)$0$0$0
DENISE ESSMAN
DIRECTOR1.00Yes (X)$0$0$0
RAND FISHER
DIRECTOR1.00Yes (X)$0$0$0
VERN GEBHART
DIRECTOR1.00Yes (X)$0$0$0
PAUL GREGOIRE
DIRECTOR1.00Yes (X)$0$0$0
JASON GROSS
DIRECTOR1.00Yes (X)$0$0$0
JERRY HADENDELDT
DIRECTOR1.00Yes (X)$0$0$0
ROGER HARGENS
DIRECTOR1.00Yes (X)$0$0$0
MIKE HENNINGSEN
DIRECTOR1.00Yes (X)$0$0$0
TOM HOBSON
DIRECTOR1.00Yes (X)$0$0$0
STEVE JACOBS
DIRECTOR1.00Yes (X)$0$0$0
STACEY JOHNSON
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
JIM LONG
DIRECTOR1.00Yes (X)$0$0$0
STEVE MARTIN
DIRECTOR1.00Yes (X)$0$0$0
KIRK MCCULLOUGH
DIRECTOR1.00Yes (X)$0$0$0
ALAN MORES
DIRECTOR1.00Yes (X)$0$0$0
MERLE PEDERSON
DIRECTOR1.00Yes (X)$0$0$0
RICH PHELAN
DIRECTOR1.00Yes (X)$0$0$0
CHARLIE RICHARDSON
DIRECTOR1.00Yes (X)$0$0$0
JOHN RICHES
DIRECTOR1.00Yes (X)$0$0$0
STEVEN ROBERTS
DIRECTOR1.00Yes (X)$0$0$0
KURT ROUSE
DIRECTOR1.00Yes (X)$0$0$0
MEG RUZEK
DIRECTOR1.00Yes (X)$0$0$0
CHRIS SACKETT
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL SADLER
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
RICK TOLLAKSON
DIRECTOR1.00Yes (X)$0$0$0
THOMAS TONER
DIRECTOR1.00Yes (X)$0$0$0
DAVID UNDERWOOD
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
DAVID ZROSTLIK
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL RALSTON
PRESIDENT40.00Yes (X)$248,674$0$16,615
NICOLE CRAIN
SENIOR VICE PRESIDENT40.00$117,080$0$8,887Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$365,754TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$25,502TotalOtherCompensationAmt
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$152,130CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$1,062,081MembershipDuesAmt
All Other Contributions$228,125AllOtherContributionsAmt
Total Contributions$1,290,206TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONVENTION INCOME611430$562,219$562,219
SEMINARS611430$200,984$200,984
FieldValueIRS element (for citing)
Total Program Service Revenue$763,203TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$56TotalRevenueColumnAmt
Exclusion$56ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$47,152TotalRevenueColumnAmt
Exclusion$47,152ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MANAGEMENT SERVICES541610$203,012$203,012
PUBLIC POLICY541900$6,000$6,000
FieldValueIRS element (for citing)
Other Revenue Total$209,012OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,309,629TotalRevenueColumnAmt
Related Or Exempt Func Income$972,215RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$47,208ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$265,289TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$679,433TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$21,492TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$76,500TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$68,618TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$7,003TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,226TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$22,456TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$14,812TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$249,355TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$147,700TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$16,024TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$507,914TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$809TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$38,906TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
PROGRAM AND MEMBER RELA$67,747
COMMUNICATIONS AND PRIN$14,795
MANUFACTURING MARKETING$5,000

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,220,079TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$477,348BOYAmt
EOY$591,221EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$156,407BOYAmt
EOY$190,249EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$81,406BOYAmt
EOY$56,284EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$413,234LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$353,628LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$96,144BOYAmt
EOY$59,606EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$271,053BOYAmt
EOY$225,097EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,082,358BOYAmt
EOY$1,122,457EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$236,510BOYAmt
EOY$229,350EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$70,068BOYAmt
EOY$34,041EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$21,363BOYAmt
EOY$15,099EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$327,941BOYAmt
EOY$278,490EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$183,410BOYAmt
EOY$618,870EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$571,007BOYAmt
EOY$225,097EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$754,417BOYAmt
EOY$843,967EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,082,358BOYAmt
EOY$1,122,457EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$89,550ReconcilationRevenueExpnssAmt
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$1,062,081DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$191,402NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov-$177,708NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$13,694NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$265,520AggregateReportedDuesNtcAmt
Taxable-$251,826TaxableAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$85,390OtherCostOrOtherBasisAmt
Depreciation$64,978DepreciationAmt
Book Value$20,412BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$327,844OtherCostOrOtherBasisAmt
Depreciation$288,650DepreciationAmt
Book Value$39,194BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$59,606TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescTEMPORARILY RESTRICTED FOR EDUCATIONAL FUND - CASH & CASH EQUIVALENTSDesc
Book Value$225,097BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$225,097TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCAPITAL LEASE PAYABLEDesc
Amt$15,099Amt
FieldValueIRS element (for citing)
Total Liability$15,099TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,309,629TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,309,629RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,309,629TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,220,079TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,220,079ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,220,079TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ASSOCIATION DOES RECEIVE CERTAIN UNRELATED BUSINESS INCOME; HOWEVER, RELATED EXPENSES EXCEEDED INCOME FOR THE YEARS ENDED JUNE 30, 2015 AND 2014. 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, 2015 AND 2014.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
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$248,674BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$12,434DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$4,181NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$265,289TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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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