2015-08-28T09:53:20-05:00 2014-12-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20743 990 2014-01-01 521700108 ELECTRONIC TRANSACTIONS ASSOCIATION ELEC 2028282635 1101 16TH STREET NW NO 402 WASHINGTON DC 20036 JASON OXMAN CHIEF EXECUTIVE OFFICER 2028282635 2015-08-28 1 FREDERICK LONGWOOD P00439715 2022932200 2014 2016-02-25 16:41:14Z JASON OXMAN 1101 16TH STREET NW NO 402 WASHINGTON DC 20036 6799320 0 X WWW.ELECTRAN.ORG X 1990 DC PROVIDE LEADERSHIP IN THE TRANSACTION PROCESSING INDUSTRY THROUGH EDUCATION AND ADVOCACY. 15 15 17 200 363182 0 80000 140000 5750724 6530686 21038 113954 3920 14680 5855682 6799320 0 0 0 0 1562676 1804575 0 0 0 3298561 4128788 4861237 5933363 994445 865957 5924113 6730997 2574116 2524791 3349997 4206206 X ETA'S STATED MISSION IS TO FULLY SERVE ITS MEMBERS AND ADVANCE THEIR PROFESSION BY PROVIDING LEADERSHIP THROUGH EDUCATION, ADVOCACY AND THE EXCHANGE OF INFORMATION. 0 0 MEETINGS TRANSACT 14: POWERED BY ETA, APRIL 8-10, 2014, LAS VEGAS, NEVADAOVERALL ATTENDANCE AT TRANSACT14 WAS 3,149 ATTENDEES. IN 2014, THE ETA ANNUAL MEETING & EXPO WAS COMPLETELY REBRANDED, REFORMATTED AND REPOSITIONED INTO TRANSACT 14: POWERED BY ETA. THE SHOW OFFERED THREE FULL DAYS OF PROGRAMMING AND TWO FULL DAYS OF ACCESS TO THE TRADE SHOW FLOOR. PROGRAMMING INCLUDED SEVEN DISTINCT CONFERENCE TRACKS, EACH WITH 11 CONCURRENT SESSIONS, RESULTING IN A TOTAL OF 66 CONCURRENT SESSIONS, TWO CEO PANELS, AND SEVEN ETAU COURSES, WITH OVER 225 SPEAKERS OVER THE THREE-DAY CONFERENCE. THE SHOW FLOOR WAS SOLD OUT WITH 217 EXHIBITORS OCCUPYING 45,100 SQUARE FEET OF EXHIBIT SPACE. HIGHLIGHTS OF TRANSACT 14 INCLUDED A RENEWED PARTNERSHIP WITH THE BILL AND MELINDA GATES FOUNDATION, WHICH INCLUDED GRANT FUNDING FOR 10 PAYMENTS STARTUPS TO EXHIBIT ON THE SHOW FLOOR, AS WELL AS A $50,000 GRANT FOR THE TOP STARTUP IN A SHOW COMPETITION. STRATEGIC LEADERSHIP & NETWORKING FORUM, OCTOBER 7-9, 2014, PALM BEACH, FLORIDATHE 2014SLF WAS ATTENDED BY 410 PARTICIPANTS. PROGRAMMING FEATURED THREE KEYNOTES BY TIM TYNAN, BANK OF AMERICA MERCHANT SERVICES, DIANE OFFERINS, DISCOVER AND FRANK BISIGNANO, FIRST DATA AND 10 SESSIONS OVER TWO DAYS. PUBLIC POLICY POLICY ACTIVITIES FOCUSED ON IMPORTANT ISSUES FOR ETA MEMBERS: FEDERAL LAW ENFORCEMENT ACTIONS AGAINST PAYMENTS COMPANIES THROUGH OPERATION CHOKE POINT; CYBERSECURITY AND DATA BREACH; AND STATE REGULATION. ETA PUBLISHED ITS GUIDELINES ON MERCHANT AND ISO UNDERWRITING AND RISK MONITORING. ON CYBERSECURITY, ETA WAS A FOUNDING MEMBER OF AN ACTIVE RETAILER/FINANCIAL INDUSTRY TRADE ASSOCIATION COALITION THAT IS WORKING TO ADDRESS CYBER THREATS. ETA STRONGLY SUPPORTED THE CREATION OF A UNIFORM NATIONAL STANDARD FOR BREACH NOTIFICATION. REGIONAL POLICY EVENTS WITH MEMBERS OF CONGRESS WERE CONDUCTED IN ATLANTA, OMAHA, DELAWARE, NEW YORK AND TEXAS. OVER 20 PROMINENT NEWS AND/OR EDITORIAL STORIES COVERING ETA'S PUBLIC POLICY ADVOCACY WERE SECURED. ETA MEMBERS SUBMITTED OVER 1,000 COMMUNICATIONS TO HILL OFFICES, AND OVER 50 COMMUNICATIONS TO THE CALIFORNIA STATE SENATE.ETA CREATED A POLITICAL ACTION COMMITTEE (ETAPAC) AS A TOOL TO HELP STRENGTHEN ETA'S ADVOCACY EFFORTS. IN 2014, THE ETAPAC RECEIVED ALMOST $40,000 IN CONTRIBUTIONS FROM 25 ETA MEMBERS AND ETA STAFF. THE ETAPAC SUPPORTED MEMBERS OF CONGRESS WHO HAVE AN UNDERSTANDING AND NEXUS OF THE PAYMENTS INDUSTRY. COMMUNICATIONSETA DRAMATICALLY INCREASED ITS MEDIA PRESENCE, SOCIAL MEDIA FOLLOWING, AND PUBLICATION READERSHIP IN 2014. THE COMMUNICATIONS STRATEGY WAS RESTRUCTURED TO ENSURE THAT ALL COMMUNICATIONS VEHICLES FEATURED CONTENT THAT ENGAGES KEY AUDIENCES AND POSITIONS ETA AS A THOUGHT LEADER. PUBLICATIONSPUBLICATIONS WERE STREAMLINED TO ENSURE THAT THEY REMAIN TIMELY AND RELEVANT TO OUR MEMBERSHIP AND STRENGTHEN THE ETA BRAND. ETA'S WEEKLY NEWSLETTER, ETA CURRENTS, REMAINS VERY POPULAR WITH OUR MEMBERSHIP WITH A HIGH OPEN RATE (36% ON AVERAGE) AND CONSISTENT SIGN-UPS FROM BOTH INDUSTRY PROFESSIONALS AND INTERESTED THIRD PARTIES. THROUGH ETA'S BLOG, TRENDSETTER, VALUABLE INFORMATION IS DELIVERED TO INDUSTRY STAKEHOLDERS. ETA'S MAJOR PRINT PUBLICATION, TRANSACTION TRENDS, PUBLISHED EIGHT ISSUES AND INCREASED CIRCULATION NUMBERS. SPECIAL FEATURES INCLUDED A MOBILE COMMERCE GUIDE AND HOLIDAY GUIDE FOR MERCHANT ACCEPTANCE OF MOBILE PAYMENTS.MEDIA OUTREACHETA CONTINUED TO AGGRESSIVELY POSITION ITSELF AS THE PRIMARY SOURCE OF INFORMATION FOR ELECTRONIC PAYMENTS TO INTERNATIONAL, REGIONAL, AND LOCAL REPORTERS AND PRODUCERS. ETA PARTICIPATED IN DOZENS OF INTERVIEWS MAINLY FOCUSED MOBILE PAYMENTS AND PAYMENT SECURITY. ETA WAS PROMOTED AS A RESOURCE TO OUR CURRENT AND PROSPECTIVE MEMBERS IN THE MOBILE PAYMENTS SPACE. ETA CONTINUALLY WORKS TO PLACE OP-EDS, ARTICLES AND INTERVIEWS IN DIVERSE PUBLICATIONS THAT SHOWCASES ITS INDUSTRY EXPERTISE. SOCIAL MEDIAIN 2014, ETA DRAMATICALLY INCREASED ITS SOCIAL MEDIA FOLLOWING ACROSS ALL OUTLETS, INCLUDING OVER 5,000 TWITTER FOLLOWERS. ETA'S TWITTER FEED REFLECTS EFFORTS TO ADVANCE THE INDUSTRY WITH PARTICULAR EMPHASIS ON EVENTS, ADVOCACY, MOBILE PAYMENTS, PAYMENTS TECHNOLOGY AND DATA SECURITY. LINKEDIN HAS SEEN THE BIGGEST INCREASE WITH ALMOST 2,000 NEW FOLLOWERS IN THE PAST YEAR. PROVIDING VALUABLE CONTENT DAILY HAS INCREASED PARTICIPATION AND DIALOGUE. 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 25 0 1 17 1 1 1 0 0 0 1 1 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 DC X THE ASSOCIATION 2028282635 1101 16TH ST NW SUITE 402 WASHINGTON DC 20036 KIM FITZSIMMONS PRESIDENT 1.50 X X 0 0 0 DEBRA ROSSI PRESIDENT-ELECT 1.50 X X 0 0 0 EDDIE MYERS IMMEDIATE PAST PRESIDENT 1.50 X X 0 0 0 GREGORY COHEN TREASURER 1.50 X X 0 0 0 JEFF ROSENBLATT SECRETARY 1.50 X X 0 0 0 ROBERT BALDWIN DIRECTOR 1.50 X 0 0 0 JOHN BARRETT DIRECTOR 1.50 X 0 0 0 DONALD BOEDING DIRECTOR 1.50 X 0 0 0 DANIEL CHARRON DIRECTOR 1.50 X 0 0 0 CHUCK HARRIS DIRECTOR 1.50 X 0 0 0 JOAN HERBIG DIRECTOR 1.50 X 0 0 0 JENNIFER MILES DIRECTOR 1.50 X 0 0 0 BRIAN MOONEY DIRECTOR 1.50 X 0 0 0 JEFF SLOAN DIRECTOR 1.50 X 0 0 0 KURT STRAWHECKER DIRECTOR 1.50 X 0 0 0 JASON OXMAN CHIEF EXECUTIVE OFFICER 37.50 X 465225 0 22198 PAMELA FURNEAUX CHIEF OPERATING OFFICER 37.50 X 188165 0 23861 SCOTT TALBOTT SENIOR DIRECTOR GOVERNMENT AFFAIRS 37.50 X 189191 0 16763 RORI FERENSIC DIRECTOR OF EDUCATION AND PROFESSIONAL DEVELOPMENT 37.50 X 125378 0 20263 967959 0 83085 4 0 1 0 VENABLE LLP PO BOX 62727 BALTIMORE MD 21264 LEGAL COUNSEL 201115 FREEMAN PO BOX 650036 DALLAS TX 75265 SHOW MANAGEMENT 159877 FREEMAN AUDIO VISUAL SOLUTIONS PO BOX 650519 DALLAS TX 75265 AUDIO VISUAL 158099 STRATTON PUBLISHING & MARKETING INC PO BOX 13133 ALEXANDRIA VA 22312 PUBLICATION MANAGEMENT 156674 CONFERENCE MANAGERS 512 HERNDON PARKWAY SUITE D HERNDON VA 20170 EVENT PLANNING 124277 5 140000 140000 MEETINGS 900099 5011548 4936780 74768 MEMBERSHIP DUES 900099 1145911 1145911 PUBLICATIONS 541800 288414 288414 CERTIFICATION FEES 900099 79279 79279 EDUCATION 900099 5534 5534 6530686 113954 113954 14680 14680 6799320 6167504 363182 128634 X 712076 886760 52502 66012 87225 229931 69277 14336 867425 495323 108196 126848 176557 138667 1466634 20441 20309 PRINTING AND PRODUCTION 166277 BANKING AND CREDIT CARD 135909 SUBSCRIPTIONS & PUBLICA 43070 POSTAGE & SHIPPING 23584 26004 5933363 155184 162857 111467 11714 148143 76713 158272 291279 460071 400125 31043 59946 5248951 6036774 71053 91714 5924113 6730997 304475 439728 2191808 2071083 77833 13980 2574116 2524791 X 3246541 4102750 103456 103456 3349997 4206206 5924113 6730997 865957 -9748 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 28569 25089 3480 57087 44761 12326 374415 330275 44140 59946 MONEY MARKET FUNDS 1460671 F CERTIFICATES OF DEPOSIT 2995491 F MUTUAL FUNDS 1580612 F 6036774 DEFERRED CAPITAL LEASE 13980 13980 X 6817791 -9748 28219 18471 6799320 0 6799320 5961582 28219 28219 5933363 0 5933363 PART X, LINE 2: THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN. THEREFORE, MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN INCOME TAX POSITIONS. AT A MINIMUM, THE 2011 THROUGH 2014 TAX YEARS ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES. X X X X 0 1 0 JASON OXMAN CHIEF EXECUTIVE OFFICER 374920 0 90125 0 180 0 15600 0 14570 0 495395 0 0 0 PAMELA FURNEAUX CHIEF OPERATING OFFICER 162694 0 24283 0 1188 0 15504 0 13012 0 216681 0 0 0 SCOTT TALBOTT SENIOR DIRECTOR GOVERNMENT AFFAIRS 179033 0 10000 0 158 0 9975 0 9051 0 208217 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ETA HAS TWO CLASSES OF MEMBERS: FINANCIAL INSTITUTIONS, AND SERVICE PROVIDERS. MEMBERSHIP PRIVILEGES ARE GRANTED TO THOSE MEMBERS THAT ARE CURRENT ON ASSOCIATION DUES. MEMBERS HAVE ONE VOTE ON ALL MATTERS COMING BEFORE THE GENERAL MEMBERSHIP AND DESIGNATE AN INDIVIDUAL PERSON FROM THE MEMBER COMPANY TO SERVE AS THEIR DESIGNATED VOTING REPRESENTATIVE. THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS. ELECTIONS ARE CONDUCTED IN COMPLIANCE WITH THE REQUIREMENTS OF DC NOT FOR PROFIT CORPORATE STATUTES AND AS SET FORTH IN THE ORGANIZATIONAL BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A DUES-PAYING MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BYLAWS REQUIRE APPROVAL BY MEMBERSHIP VOTE. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WILL BE PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS DISCLOSE CONFLICTS OF INTEREST IN A SIGNED STATEMENT ANNUALLY. ANY CONFLICTS THAT ARISE ARE DISCUSSED WITH THE PRESIDENT AND EXECUTIVE COMMITTEE TO DETERMINE THE COURSE OF ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION OF THE CEO ANNUALLY BY USING COMPARABLE SALARY INFORMATION OBTAINED FROM ASAE AND OTHER MARKET STUDIES. FORM 990, PART VI, SECTION C, LINE 19 FORMS 990 AND 990T ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES 635,777. EXHIBITOR SERVICE 159,877. OTHER PROFESSIONAL FEES 11,865. CONSULTING - EDITORIAL 27,500. TEMP HELP 27,397. PAYROLL SERVICE 5,009. FORM 990, PART XII, LINE 2C: THE AUDIT REVIEW PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. ETAPAC 1101 16TH STREET NW SUITE 402 WASHINGTON DC 20036 463394476 SUPPORTING PRO-INDUSTRY CANDIDATES FOR THE US SENATE AND HOUSE OF REP. DC 527 N/A ETA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0