IPC INTERNATIONAL INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
IPC INTERNATIONAL INC (EIN 23-7091810)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-13
IRS object ID
201533179349305898
Schema version
2014v5.0
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)
Return2015-11-13T14:14:22-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN381357951PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANTE & MORAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 S RIVERSIDE PLAZA 9TH FLOORAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237091810EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IPC INC DBA IPC INTERNATIONAL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlIPCIBusinessNameControlTxt
Phone8476157100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 LAKESIDE DRIVE NO 105NAddressLine1Txt
CityBANNOCKBURNCityNm
State AbbreviationILStateAbbreviationCd
ZIP60015ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN W MITCHELLPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8476157100PhoneNum
Signature2015-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLU ANN TRAPPPreparerPersonNm
PTINP01506476PTIN
Phone3122071040PhoneNum
Preparation2015-11-12PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerJOHN W MITCHELLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 LAKESIDE DRIVE NO 105NAddressLine1Txt
CityBANNOCKBURNCityNm
State AbbreviationILStateAbbreviationCd
ZIP60015ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$23,706,689GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.IPC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1957FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO IMPROVE THE ELECTRONIC INTERCONNECTING INDUSTRY'S TECHNOLOGY AND COMMUNICATION.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee77TotalEmployeeCnt
Total Volunteers4750TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$10,146,869PYProgramServiceRevenueAmt
CY Program Service Revenue$11,032,618CYProgramServiceRevenueAmt
PY Investment Income$623,115PYInvestmentIncomeAmt
CY Investment Income$1,381,314CYInvestmentIncomeAmt
PY Other Revenue$5,503,472PYOtherRevenueAmt
CY Other Revenue$6,325,740CYOtherRevenueAmt
PY Total Revenue$16,273,456PYTotalRevenueAmt
CY Total Revenue$18,739,672CYTotalRevenueAmt
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$9,124,179PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,842,179CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$8,727,726PYOtherExpensesAmt
CY Other Expenses$9,048,083CYOtherExpensesAmt
PY Total Expenses$17,851,905PYTotalExpensesAmt
CY Total Expenses$18,890,262CYTotalExpensesAmt
PY Revenues Less Expenses-$1,578,449PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$150,590CYRevenuesLessExpensesAmt
Total Assets BOY$19,262,236TotalAssetsBOYAmt
Total Assets EOY$19,183,652TotalAssetsEOYAmt
Total Liabilities BOY$6,925,753TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,650,501TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$12,336,483NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$11,533,151NetAssetsOrFundBalancesEOYAmt
MissionIPC IS A GLOBAL TRADE ASSOCIATION DEDICATED TO FURTHERING THE COMPETITIVE EXCELLENCE AND FINANCIAL SUCCESS OF ITS MEMBERS, WHO ARE PARTICIPANTS IN THE ELECTRONICS INDUSTRY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescIPC DEVOTES ITS RESOURCES TO MANAGEMENT IMPROVEMENT AND TECHNOLOGY ENHANCEMENT PROGRAMS, THE CREATION OF RELEVANT STANDARDS (CURRENTLY AT 350), THE PROTECTION OF THE ENVIRONMENT, AND PERTINENT RELATIONS. APPROXIMATELY 3,700 COMPANIES WORLDWIDE PARTICIPATE IN IPC'S PROGRAMS.Desc
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 EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
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 Document46IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee77EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryCHForeignCountryCd
Foreign CountryINForeignCountryCd
Foreign CountryTWForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
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 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 Line1JENNIFER SANDAHLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8475972883PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 LAKESIDE DRIVE SUITE 309SAddressLine1Txt
CityBANNOCKBURNCityNm
State AbbreviationILStateAbbreviationCd
ZIP60015ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN MITCHELL
PRESIDENT/CEO40.00Yes (X)Yes (X)$470,583$0$62,180
MARC PEO
CHAIRMAN0.50Yes (X)Yes (X)$0$0$0
STEVE PUDLES
IMMEDIATE PAST CHAIRMAN0.50Yes (X)Yes (X)$0$0$0
JOE O'NEIL
VICE CHAIRMAN0.50Yes (X)Yes (X)$0$0$0
MIKEL WILLIAMS
SECRETARY/TREASURER0.50Yes (X)Yes (X)$0$0$0
STEVEN BETZA
BOARD MEMBER0.50Yes (X)$0$0$0
ROBERT BLACK
BOARD MEMBER0.50Yes (X)$0$0$0
MICHAEL CARANO
BOARD MEMBER0.50Yes (X)$0$0$0
BHAWNESH MATHUR
BOARD MEMBER0.50Yes (X)$0$0$0
ROBERT NEVES
BOARD MEMBER0.50Yes (X)$0$0$0
REX ROZARIO
BOARD MEMBER0.50Yes (X)$0$0$0
RAY SHARPE
BOARD MEMBER0.50Yes (X)$0$0$0
SHANE WHITESIDE
BOARD MEMBER0.50Yes (X)$0$0$0
MARK WOLFE
BOARD MEMBER0.50Yes (X)$0$0$0
TONY ZHOU
BOARD MEMBER0.50Yes (X)$0$0$0
NILESH NAIK
BOARD MEMBER0.50Yes (X)$0$0$0
PHIL CARMICHAEL
PRESIDENT - CHINA OFFICE40.00$238,711$0$42,450Yes (X)
JOHN HASSELMAN
VICE PRESIDENT40.00$221,291$0$24,934Yes (X)
SANJAY HUPRIKAR
VICE PRESIDENT40.00$210,724$0$21,820Yes (X)
DAVID BERGMAN
VICE PRESIDENT40.00$191,551$0$44,203Yes (X)
TOM SANDMAN
CFO40.00$173,816$0$38,056Yes (X)
ED TRACKMAN
VICE PRESIDENT40.00$193,334$0$38,658Yes (X)
ARTHUR HUENECKE
VICE PRESIDENT40.00$170,605$0$30,961Yes (X)
DAVE TORP
VICE PRESIDENT40.00$171,730$0$30,857Yes (X)
RANDY CHERRY
DIRECTOR40.00$136,531$0$33,134Yes (X)
BRIAN KNIER
CMO40.00$124,659$0$32,540Yes (X)
ALICIA BALONEK
SENIOR DIRECTOR40.00$132,687$0$13,901Yes (X)
JENNIFER SANDAHL
CONTROLLER40.00$122,798$0$23,252Yes (X)
TOM NEWTON
DIRECTOR40.00$119,353$0$30,419Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,678,373TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$467,365TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K21IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

FieldValueIRS element (for citing)
PersonJACK CRAWFORDPersonNm

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11024 6TH STAddressLine1Txt
CityJESUPCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50648ZIPCd
FieldValueIRS element (for citing)
ServicesMANAGE STANDARD TRANSLATION ACTIVITYServicesDesc
Compensation$111,150CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EVENTS900099$4,106,616$4,106,616
MEMBERSHIP900099$2,148,901$2,148,901
CHINA OPERATIONS900099$2,069,326$2,069,326
STANDARDS900099$1,487,516$1,487,516
INTERNATIONAL RELATIONS900099$440,985$440,985

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$779,274TotalRevenueColumnAmt
Related Or Exempt Func Income$779,274RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$11,032,618TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$286,436TotalRevenueColumnAmt
Exclusion$286,436ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$5,470,728SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$4,375,850SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,094,878SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,094,878TotalRevenueColumnAmt
Exclusion$1,094,878ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$6,916,907GrossSalesOfInventoryAmt
Cost Of Goods Sold$591,167CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,325,740TotalRevenueColumnAmt
Related Or Exempt Func Income$6,325,740RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$18,739,672TotalRevenueColumnAmt
Related Or Exempt Func Income$17,358,358RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,381,314ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,376,464TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,854,116TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$443,516TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$689,638TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$478,445TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$92,297TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$42,800TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$205,000TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,457,226TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$70,941TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$302,705TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$418,733TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$64,897TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$836,382TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$787,417TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,903,124TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$621,740TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$53,203TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
SHIPPING AND POSTAGE$529,301
INVENTORY WRITEOFF$346,743
BANK FEES$274,107

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,041,467TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$18,890,262TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$23,074BOYAmt
EOY$22,705EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$858,370BOYAmt
EOY$1,433,163EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$873,658BOYAmt
EOY$1,100,392EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,011,601BOYAmt
EOY$705,125EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$831,849BOYAmt
EOY$1,388,419EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,019,990LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,691,615LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,394,692BOYAmt
EOY$1,328,375EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$14,268,992BOYAmt
EOY$13,205,473EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$19,262,236BOYAmt
EOY$19,183,652EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,628,542BOYAmt
EOY$2,101,414EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,588,590BOYAmt
EOY$5,406,136EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$708,621BOYAmt
EOY$142,951EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,925,753BOYAmt
EOY$7,650,501EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$12,336,483BOYAmt
EOY$11,533,151EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,336,483BOYAmt
EOY$11,533,151EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$19,262,236BOYAmt
EOY$19,183,652EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$150,590ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$652,742NetUnrlzdGainsLossesInvstAmt
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)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedYes (1)SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (1)AgreeCarryoverPriorYearInd
Dues Assessments$2,148,901DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$576,616NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov-$474,942NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$101,674NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$429,780AggregateReportedDuesNtcAmt
Taxable-$328,106TaxableAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$869,770OtherCostOrOtherBasisAmt
Depreciation$807,651DepreciationAmt
Book Value$62,119BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,536,571OtherCostOrOtherBasisAmt
Depreciation$1,534,448DepreciationAmt
Book Value$1,002,123BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$613,649OtherCostOrOtherBasisAmt
Depreciation$349,516DepreciationAmt
Book Value$264,133BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,328,375TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED COMPENSATION$2,698
DEFERRED RENT$97,356
DEFERRED LEASE INCENTIVE$42,897
FieldValueIRS element (for citing)
Total Liability$142,951TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$18,678,097TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$652,742NetUnrealizedGainsInvstAmt
Other Revenue$591,167OtherRevenueAmt
Revenue Not Reported-$61,575RevenueNotReportedAmt
Revenue Subtotal$18,739,672RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$18,739,672TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$19,481,429TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$591,167OtherExpensesIncludedAmt
Expenses Not Reported$591,167ExpensesNotReportedAmt
Expenses Subtotal$18,890,262ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$18,890,262TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:IPC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(6) AS A NOT-FOR-PROFIT ORGANIZATION. IPC CHINA, IPC QINGDAO, AND IPC TAIWAN ARE SUBJECT TO THE INCOME TAX LAWS OF THE PEOPLE'S REPUBLIC OF CHINA. IPC INDIA IS SUBJECT TO THE INCOME TAX LAWS OF THE REPUBLIC OF INDIA. ACCORDINGLY, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT INCOME TAXES, EXCEPT FOR FOREIGN TAXES, WHICH ARE INCLUDED IN INTERNATIONAL RELATIONS EXPENSE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY IPC ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF IPC ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY IPC ASSOCIATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2014 AND 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. IPC ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011.
PART XI, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD ON SALES OF INVENTORY 591,167.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD ON SALES OF INVENTORY 591,167.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EAST ASIA AND THE PACIFIC333PROGRAM SERVICESTRAINING/CONSULTING$1,949,430
SOUTH ASIA212PROGRAM SERVICESTRAINING/CONSULTING$302,205
FieldValueIRS element (for citing)
Subtotal Offices5SubtotalOfficesCnt
Subtotal Employees45SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office5TotalOfficeCnt
Total Employee45TotalEmployeeCnt
Subtotal Spent$2,251,635SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$2,251,635TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JOHN MITCHELL
PRESIDENT/CEO$336,000$0$117,000$0$17,583$0$31,640$0$30,540$0$532,763$0$0$0
PHIL CARMICHAEL
PRESIDENT - CHINA OFFICE$168,000$0$25,000$0$45,711$0$19,638$0$22,812$0$281,161$0$0$0
JOHN HASSELMAN
VICE PRESIDENT$203,291$0$18,000$0$0$0$15,058$0$9,876$0$246,225$0$0$0
SANJAY HUPRIKAR
VICE PRESIDENT$190,724$0$20,000$0$0$0$21,820$0$0$0$232,544$0$0$0
DAVID BERGMAN
VICE PRESIDENT$171,551$0$20,000$0$0$0$20,335$0$23,868$0$235,754$0$0$0
TOM SANDMAN
CFO$153,816$0$20,000$0$0$0$19,792$0$18,264$0$211,872$0$0$0
ED TRACKMAN
VICE PRESIDENT$175,334$0$18,000$0$0$0$20,382$0$18,276$0$231,992$0$0$0
ARTHUR HUENECKE
VICE PRESIDENT$170,605$0$0$0$0$0$7,093$0$23,868$0$201,566$0$0$0
DAVE TORP
VICE PRESIDENT$171,730$0$0$0$0$0$6,989$0$23,868$0$202,587$0$0$0
RANDY CHERRY
DIRECTOR$129,531$0$7,000$0$0$0$14,858$0$18,276$0$169,665$0$0$0
BRIAN KNIER
CMO$116,159$0$8,500$0$0$0$8,672$0$23,868$0$157,199$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationIPC PAYS TEMPORARY HOUSING FOR THE PRESIDENT OF THE CHINESE BRANCH. THE BENEFIT IS CONSIDERED TAXABLE COMPENSATION TO THE RECIPIENT.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE GOVERNING BODY IS PROVIDED A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK ANY QUESTIONS DIRECTLY TO ORGANIZATION MANAGEMENT OR THE CONTACT AT THE INDEPENDENT CPA FIRM PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD SECRETARY IS RESPONSIBLE FOR CATALOGING ALL CONFLICTS OF INTEREST. THE CONFLICT OF INTEREST QUESTIONAIRE AND POLICY IS DISTRIBUTED ANNUALY. DIRECTORS ARE REQUESTED TO REPORT ANY CONFLICTS ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION B, LINE 15AN INDEPENDENT COMPENSATION COMMITTEE DETERMINES THE CEO'S SALARY BASED COMPARABILITY DATA. THE COMMITTEE CONTEMPORANEOUSLY SUBSTANTIATES ITS DELIBERATION AND DECISION.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1IPC EDUCATION FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 LAKESIDE DRIVE SUITE 309-SAddressLine1Txt
CityBANNOCKBURNCityNm
State AbbreviationILStateAbbreviationCd
ZIP60015ZIPCd
FieldValueIRS element (for citing)
EIN364417168EIN
Primary ActivitiesFUND EDUCATION SCHOLARSHIPS & MATERIALS PURCHASE PROGRAMS FOR H.S. LEVELPrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 1PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NONEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
IPC GLOBAL TECHNOLOGY CERTIFICATION & TRAINING CO LTD
5F B3-1 BLOCK B QINGDAO INTL INNOQINGDAOCH266101TRAININGCHC$959,419$511,5671.000000
IPC TECHNOLOGY CONSULTING PRIVATE LIMITED
NO 238-34 1ST FLOOR 32ND CROSSBANGALOREIN560070MANAGEMENT CONSULTING AND TRADE SHOWSINC$337,383$237,4330.910000
IPC GLOBAL TECHNOLOGY MANAGEMENT CONSULTING CO LTD
ROOM 510 MODERN LOGISTICS BLDG 4SHANGHAICH200233MANAGEMENT CONSULTING AND TRADE SHOWSCHC$1,097,709$1,062,5461.000000
IPC TECHNOLOGY CONSULTING CO LTD
REGUS TAIPEI MANHATTAN SHIN KONG MTAIPEITW11049MANAGEMENT CONSULTING SERVICESTWC$79,282$95,2421.000000
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 Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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