2014-11-13T10:44:22-06:00 2013-12-31 540737372 PBMARES LLP 12150 MONUMENT DR SUITE 350 FAIRFAX VA 22033 990 2013-01-01 410327400 INDEPENDENT COMMUNITY BANKERS OF AMERICA INDE 3203526546 518 LINCOLN ROAD SAUK CENTRE MN 56378 PATRICIA HOPKINS SEVP/CFO 3203526546 2014-11-11 1 KEVIN F REILLY P00543034 7033858577 2014-11-11 X 2013 2015-11-30 17:44:51Z PATRICIA HOPKINS 518 LINCOLN ROAD SAUK CENTRE MN 56378 38266407 0 X WWW.ICBA.ORG X 1930 MN CREATE AND PROMOTE AN ENVIRONMENT WHERE COMMUNITY BANKS FLOURISH. 20 14 224 280 1847152 738648 0 0 22602576 24062329 203131 163413 13799352 14039040 36605059 38264782 12500 0 0 0 19252995 20834533 0 0 0 14524496 16518583 33789991 37353116 2815068 911666 113144155 122564710 18769960 19623290 94374195 102941420 X CREATE AND PROMOTE AN ENVIRONMENT WHERE COMMUNITY BANKS FLOURISH. 0 0 PROFESSIONAL DEVELOPMENT:PUBLICATIONS-ICBA'S MANY PUBLICATIONS INFORM MEMBERS ABOUT THE TRENDS AND ISSUES AFFECTING THE COMMUNITY BANKING INDUSTRY, INCLUDING AWARD-WINNING INDEPENDENT BANKER MAGAZINE, ICBA NEWSWATCH TODAY AND ICBA MEMBER ACCESS.EDUCATION-ICBA PROVIDES COMMUNITY BANKERS WITH EDUCATION TO MEET THEIR TECHNOLOGY OPERATIONS AND COMPLIANCE NEEDS. ICBA OFFERS SUPERIOR SEMINARS, PRODUCTS, AND ONLINE TRAINING THAT BRINGS TOP INDUSTRY KNOWLEDGE TO MEMBERS. ALL COURSES ARE REVIEWED AND APPROVED BY A COMMITTEE OF COMMUNITY BANKERS BEFORE THEY BECOME AVAILABLE.NATIONAL CONVENTION AND TECHWORLD-ICBA'S ANNUAL NATIONAL CONVENTION AND TECHWORLD IS THE BIGGEST EDUCATIONAL GATHERING FOR THE NATION'S COMMUNITY BANKERS. TECHWORLD IS A CENTERPIECE OF THE CONVENTION'S LEARNING EXPERIENCE, BRINGING THE MOST INNOVATIVE AND SUCCESSFUL COMMUNITY BANK PRODUCT SERVICES TO COMMUNITY BANKERS' FINGERTIPS.BANK DIRECTOR PROGRAM-ICBA'S BANK DIRECTOR PROGRAM OFFERS DIRECTORS ESSENTIAL INFORMATION, IN-DEPTH EDUCATIONAL PROGRAMS AND CONVENIENCE. OVER 16,000 PARTICIPANTS NETWORK WITH OTHER COMMUNITY BANK DIRECTORS FROM ACROSS THE COUNTRY TO KEEP "COMMUNITY" IN THEIR COMMUNITY BANKS.MARKETING RESOURCES-ICBA OFFERS MARKETING RESOURCE PROGRAMS DESIGNED TO HELP MEMBERS FIND COST-EFFECTIVE AND TIME-SAVING WAYS TO PROMOTE THEMSELVES.CONSUMER EDUCATION AND RESOURCES-ICBA HAS FORMED ALLIANCES WITH VARIOUS ORGANIZATIONS TO PROVIDE EDUCATION AND RESOURCES FOR MEMBERS AND THEIR COMMUNITIES. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 107 0 224 1 1 1 0 0 0 1 1 0 X 20 14 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MN DC CA X PATRICIA HOPKINS 3203526546 518 LINCOLN ROAD SAUK CENTRE MN 56378 SALVATORE MARRANCA DIRECTOR 1.00 X 11642 0 72 CYNTHIA BLANKENSHIP DIRECTOR 1.00 X 3527 0 0 R MICHAEL MENZIES SR DIRECTOR 1.00 X 9117 0 0 JAMES D MACPHEE DIRECTOR 1.00 X 21788 0 72 MARK A RAITOR DIRECTOR 40.00 X 504102 0 -88576 CAMDEN R FINE PRESIDENT/CEO 40.00 X X 1954283 0 66749 JEFFREY L GERHART IMMEDIATE PAST CHAIRMAN 1.00 X X 28199 0 72 JACK HARTINGS VICE CHAIRMAN 1.00 X X 6650 0 0 WILLIAM A LOVING JR CHAIRMAN 1.00 X X 51910 0 72 STEVEN GARDNER SECRETARY (ENDED 3/2013) 1.00 X X 3029 0 0 JOHN H BUHRMASTER CHAIRMAN ELECT 1.00 X X 19132 0 0 NANCY A RUYLE TREASURER 1.00 X X 9712 0 0 DAVID HAYES PAST CHAIRMAN (ENDED 3/2013) 1.00 X X 2696 0 0 REBECA RAINEY DIRECTOR 1.00 X 6065 0 0 PRESTON KENNEDY DIRECTOR 1.00 X 6161 0 0 JOE PIERCE DIRECTOR 1.00 X 4076 0 0 SCOTT MCBRIDE DIRECTOR 1.00 X 2972 0 0 JACK HOPKINS DIRECTOR 1.00 X 5599 0 0 SAM VALLANDINGHAM DIRECTOR 1.00 X 0 0 0 TIMOTHY K ZIMMERMAN SECRETARY 1.00 X X 3297 0 0 R SCOTT HEITKAMP DIRECTOR 1.00 X 3076 0 0 NOAH WILCOX DIRECTOR 1.00 X 0 0 0 GREG M OHLENDORF DIRECTOR 1.00 X 3494 0 0 PATRICIA M HOPKINS SR EVP/CFO 20.00 20.00 X 298086 298086 47462 GARY C TEAGNO SPECIAL ADVISOR TO CEO-SER 4.00 36.00 X 62322 613727 -59914 KAREN M THOMAS EVP, GOVERNMENT RELATIONS 40.00 X 526699 0 -87514 TERRY JORDE SR EVP, CHIEF OF STAFF 40.00 X 508908 0 62424 PAUL C MCGUIRE SVP, NATIONAL SALES GROUP 40.00 X 242415 0 2637 PAUL G MERSKI SVP, CHIEF ECONOMIST 40.00 X 335770 0 8424 DAVID HAITHCOCK EVP, WESTERN REGION 40.00 X 259610 0 9476 BRIAN COONEY VP, LEG COUNSEL 40.00 X 232680 0 61946 LESTER D NORTH EVP, CIO 40.00 X 213950 0 -1066 5340967 911813 22336 10 0 1 0 TR RUPLIE & ASSOC 7311 LINGANORE COURT MCLEAN VA 221022140 PROFESSIONAL CONSULTING 786151 PRG LAS VEGAS 6050 S VALLEY BLVD LAS VEGAS NV 89118 AUDIO VISUAL 413307 ADFERO GROUP LLC 1666 K STREET NW WASHINGTON DC 20006 CREATIVE DEVELOPMENT 370000 MOTIVACTION LLC 16355 36TH AVE N STE 100 MINNEAPOLIS MN 55446 PROFESSIONAL CONSULTING 283783 HOLLIER & ASSOCIATES LLC 400 N CAPITOL ST NW STE 585 WASHINGTON DC 200011502 PROFESSIONAL CONSULTING 191000 16 MEMBERSHIP 900099 14016829 14016829 CONVENTIONS/SEMINARS/INFO CTR 900099 8432314 8432314 ADVERTISING 541800 1601015 1601015 BANK MARKETING SUPPORT 900099 12171 12171 24062329 156243 2602 153641 9017468 9017468 8795 1625 7170 7170 7170 ISN SERVICE CONTRACT 900099 4870698 243535 4627163 SPONSORSHIPS 900099 150874 150874 5021572 38264782 22468484 1847152 13949146 X 4462604 11430682 2127953 1945226 868068 10060 72500 236308 339107 440557 1583283 447069 4262956 429444 141892 TAXES - FEDERAL UBI TAX 251140 STATE UBTI TAXES 72996 GOVERNMENT RELATIONS 2207271 EDUCATION SEMINARS & PR 2134138 3889862 37353116 28590 164529 37599734 41209571 4861652 5126968 10024456 8007256 2494649 2017200 60342013 67635229 7817517 6411213 113144155 122564710 2375353 2616050 15565813 16404483 828794 602757 18769960 19623290 X 0 0 0 0 94374195 102941420 94374195 102941420 113144155 122564710 X 911666 -68482 7724041 X X 0 1 X 1 0 0 0 0 1 12708113 5458041 -171763 5286278 4708152 578126 PART I-A, LINE 1: ICBA WORKS IN WASHINGTON TO PROTECT THE INTERESTS OF COMMUNITY BANKS BY MONITORING AND INFLUENCING NUMEROUS FEDERAL ACTIVITIES THAT WILL AFFECT COMMUNITY BANKS AND THEIR CUSTOMERS. THERE IS A BROAD REACH WITH LAWMAKERS, REGULATORS, AND POLICY-SETTING BOARDS AND WORKING WITH THESE BODIES ENSURES THAT THE NEEDS OF THE COMMUNITY BANKERS ARE HEARD AND MET. 26100 26100 885504 701474 184030 2779203 1998743 780460 2205536 1585671 619865 4128113 3721368 406745 2017200 67225467 C FAIRFAX COUNTRY CLUB STOCK 19621 C PRINCIPAL FINANCIAL TRUST ACCOUNT 390141 C 67635229 PREPAID ACTIVITIES & OTHER ASSETS 4944037 DUE FROM RELATED PARTIES 1191011 INCOME TAX RECEIVABLES 276165 6411213 DEFERRED LEASE INCENTIVE 602757 602757 X 32899804 0 32899804 5364978 5364978 38264782 31988138 0 31988138 5364978 5364978 37353116 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC), WITH THE EXCEPTION OF CERTAIN UNRELATED BUSINESS INCOME, WHICH IS SUBJECT TO TAX. FOR 2013 AND 2012, PER THE CURRENT PROVISIONS OF IRC SECTION 512(B), UNRELATED BUSINESS TAXABLE INCOME, PAYMENTS RECEIVED FROM CONTROLLED SUBSIDIARIES ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX ONLY TO THE EXTENT THEY ARE IN EXCESS OF THE FAIR MARKET VALUE OF THE PAYMENT. MANAGEMENT HAS CONDUCTED A 482 TRANSFER PRICING STUDY AND AS A RESULT OF THAT STUDY DETERMINED THAT THE ROYALTIES DO NOT EXCEED FAIR MARKET VALUE AND ARE THEREFORE, NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX. THE CURRENT PROVISION EXPIRED IN 2013. ICBACH AND ITS SUBSIDIARIES ARE SUBJECT TO FEDERAL AND STATE INCOME TAXES. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, "INCOME TAXES", PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ASSOCIATION'S MANAGEMENT HAS EVALUATED THE IMPACT OF THIS GUIDANCE TO ITS FINANCIAL STATEMENTS. THE ASSOCIATION IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS, AND HAS NOT ACCRUED THE EFFECT OF ANY UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2013 OR 2012. THE ASSOCIATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THEY WERE FILED. WITH FEW EXCEPTIONS, THE ASSOCIATION AND ITS SUBSIDIARIES ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2010. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL STMT REPORTS - ACTIVITIES NET OF EXPENSES 5,364,978. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL STMT REPORTS - ACTIVITIES NET OF EXPENSES 5,364,978. X X X X 1 1 X X X X X X 0 0 0 MARK A RAITOR DIRECTOR 395000 0 60000 0 49102 0 -111700 0 23124 0 415526 0 0 0 CAMDEN R FINE PRESIDENT/CEO 1400000 0 250000 0 304283 0 46300 0 20449 0 2021032 0 0 0 PATRICIA M HOPKINS SR EVP/CFO 212500 212500 50000 50000 35586 35586 39300 0 8162 0 345548 298086 0 0 GARY C TEAGNO SPECIAL ADVISOR TO CEO-SER 43000 387000 11000 151831 8322 74896 -81700 0 21786 0 2408 613727 0 0 KAREN M THOMAS EVP, GOVERNMENT RELATIONS 415000 0 65000 0 46699 0 -102700 0 15186 0 439185 0 0 0 TERRY JORDE SR EVP, CHIEF OF STAFF 410000 0 60000 0 38908 0 39300 0 23124 0 571332 0 0 0 PAUL C MCGUIRE SVP, NATIONAL SALES GROUP 201500 0 40385 0 530 0 -20487 0 23124 0 245052 0 0 0 PAUL G MERSKI SVP, CHIEF ECONOMIST 300000 0 35000 0 770 0 -14700 0 23124 0 344194 0 0 0 DAVID HAITHCOCK EVP, WESTERN REGION 227500 0 22810 0 9300 0 -13648 0 23124 0 269086 0 0 0 BRIAN COONEY VP, LEG COUNSEL 213700 0 17000 0 1980 0 38822 0 23124 0 294626 0 0 0 LESTER D NORTH EVP, CIO 193500 0 20000 0 450 0 -24190 0 23124 0 212884 0 0 0 CAMDEN FINE PRESIDENT/CEO 2009 SPLIT DOLLAR INSURANCE PREMIUM X 635000 635000 0 1 1 CAMDEN FINE PRESIDENT/CEO 2010 SPLIT DOLLAR INSURANCE PREMIUM X 635000 635000 0 1 1 CAMDEN FINE PRESIDENT/CEO 2011 SPLIT DOLLAR INSURANCE PREMIUM X 635000 635000 0 1 1 CAMDEN FINE PRESIDENT/CEO 2012 SPLIT DOLLAR INSURANCE PREMIUM X 1860000 1860000 0 1 1 3765000 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE ASSOCIATION IS EITHER "ACTIVE" OR "HONORARY". ACTIVE MEMBERS INCLUDE ANY NATIONAL BANK, STATE BANK, SAVINGS BANK, TRUST COMPANY, OR PRIVATE BANK OR BANKING FIRM, WHICH IS INDEPENDENTLY OWNED, CONTROLLED AND CONDUCTS ITS BUSINESS AS AN INDEPENDENT BANK. HONORARY MEMBERS MAY CONSIST OF ANY PERSON, FIRM OR CORPORATION IN SYMPATHY WITH THE PURPOSES OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT, FIRST VICE PRESIDENT AND THE SECOND VICE PRESIDENT SHALL BE ELECTED BY THE DELEGATES ATTENDING THE GENERAL CONVENTION AND THESE OFFICERS, TO BE ELIGIBLE, MUST HAVE THE SAME STATUS AS A DELEGATE. THE EXECUTIVE DIRECTOR, SECRETARY AND THE TREASURER ARE APPOINTIVE OFFICERS, APPOINTED BY THE EXECUTIVE COUNCIL. THE TREASURER MUST HAVE THE STATUS OF A DELEGATE. THE MEMBERS OF THE EXECUTIVE COUNCIL SHALL BE ELECTED BY THE MEMBER BANKS IN THEIR RESPECTIVE STATES AS PROVIDED IN THE BY-LAWS. THE EXECUTIVE COUNCIL CONSISTS OF THE BOARD OF DIRECTORS AND THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B THE EXECUTIVE COUNCIL SELECTS THE TIME AND PLACE FOR THE GENERAL CONVENTION OF THE ASSOCIATION. THE EXECUTIVE COUNCIL IS VESTED WITH THE MANAGEMENT OF THE ASSOCIATION BETWEEN GENERAL CONVENTIONS. ITS SOVEREIGNTY IS SECOND ONLY TO THAT OF THE GENERAL CONVENTIONS. IT SHALL HAVE THE POWER TO FILL ANY VACANCIES THAT MAY OCCUR IN ANY OF THE OFFICES OF THE ASSOCIATION AND IN THE MEMBERSHIP OF THE COUNCIL. IT SHALL PROVIDE THE RULES AND REGULATIONS FOR THE CONDUCT OF THE ASSOCIATION'S AFFAIRS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE RETURN IS KEPT IN A CENTRAL INFORMATION CENTER, WHERE IT IS AVAILABLE FOR INSPECTION. FORM 990, PART VI, SECTION B, LINE 12C ELECTED DIRECTORS ARE ASKED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 ICBA PERIODICALLY ENGAGES AN INDEPENDENT CONSULTANT TO CONDUCT A COMPENSATION STUDY OF ALL ASSOCIATION POSITIONS, INCLUDING EXECUTIVE STAFF. THIS STUDY INCLUDES A COMPREHENSIVE MARKET ANALYSIS OF DATA FROM SEVERAL SOURCES TO ENSURE THAT THE COMPENSATION LEVELS ARE COMPETITIVE WITH THE EXTERNAL MARKET. THE MOST RECENT STUDY WAS CONDUCTED IN SEPTEMBER OF 2008. FOR THE CEO POSITION, COMPENSATION DATA IS REVIEWED FOR CHIEF EXECUTIVES AT COMPARABLE ORGANIZATIONS (AS REPORTED ON FORM 990) AS AN ADDITIONAL DATA SOURCE. AS A FINAL STEP, THE ASSOCIATION'S EXECUTIVE COUNCIL REVIEWS AND APPROVES COMPENSATION RECOMMENDATIONS FOR ALL OFFICERS AND KEY EMPLOYEES ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT ARE NOT AVAILABLE TO THE PUBLIC, HOWEVER, THEY ARE MADE AVAILABLE TO THE MEMBERS AND STAFF OF ICBA. FORM 990, PART IX, LINE 24E PUBLICATIONS EXPENSE 811,932. MARKETING/PUBLIC RELATIONS 656,761. EQUIPMENT REPAIR 573,564. ICBPAC 414,035. MAGAZINE ADVANCE COMMISSIONS 292,786. STATE ASSOCIATION 252,365. CIB 186,668. MISCELLANEOUS OPERATING EXP 184,488. PRODUCTION COSTS 107,486. ASSOCIATE MEMBER EXPENSE 81,878. MEMBERSHIP EXPENSE 77,403. SPONSORSHIPS 68,723. DATA SUBSCRIPTIONS 47,018. BOX RENTAL/SERVICE CHARGE 39,246. SOFTWARE EXPENSES 37,826. CUSTODIAL SUPPLIES 26,664. TEMPORARY SERVICES 26,092. OTHER TAXES 3,448. ANNUAL REPORTS 1,479. FORM 990, PART XI, LINE 9: EQUITY IN EARNINGS OF SUBSIDIARY 7,724,041. FORM 990, PART XII, LINE 2C AUDIT COMMITTEE - THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT SELECTS THE INDEPENDENT ACCOUNTANT. ICBA SERVICES NETWORK INC 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 541444840 HOLDING COMPANY DE ICBA CONSOLIDATED HOLDINGS INC C -730150 54835042 1.00000 0 ICBA SECURITIES CORPORATION 775 RIDGE LAKE BLVDSUITE 175 MEMPHIS TN 38120 061253210 SECURITIES BROKER DE ICBA SERVICES NETWORK INC C 215890 976690 1.00000 0 ICBA BANCARD INC 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 521439424 SERVICES DE ICBA SERVICES NETWORK INC C 3807202 173548320 1.00000 0 TCM BANK NA 2701 N ROCKY POINT DRIVE SUITE 600 TAMPA FL 33607 593476606 BANKING FL ICBA BANCARD INC C 3391430 183737093 1.00000 0 ICBA REINSURANCE COMPANY LTD 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 980196531 SERVICES AZ ICBA SERVICES NETWORK INC C 269198 9016036 1.00000 0 ICBA CONSOLIDATED HOLDINGS INC 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 274374508 HOLDING COMPANY DE INDEPENDENT COMMUNITY BANKERS OF AMERICA C 1021563 278449216 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 ICBA SERVICES NETWORK INC Q 5908264 ICBA SECURITIES CORPORATION A 227054 ICBA BANCARD INC A 2396135 TCM BANK NA A 367748 ICBA SECURITIES CORPORATION Q 634534 ICBA BANCARD INC Q 3153432 TCM BANK NA Q 4166609 ICBA REINSURANCE COMPANY LTD Q 45004 ICBA REINSURANCE COMPANY LTD A 25228 ICBA CONSOLIDATED HOLDINGS INC Q 1540284 ICBA CONSOLIDATED HOLDINGS INC A 278422 ICBA SERVICES NETWORK INC N 1016093 ICBA SERVICES NETWORK INC O 3865800 ICBA BANCARD INC N 481110