2014-09-11T16:04:20-05:00 2013-12-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20743 990 2013-01-01 521700108 ELECTRONIC TRANSACTIONS ASSOCIATION ELEC 2028282635 1101 16TH STREET NW NO 402 WASHINGTON DC 20036 JASON OXMAN CHIEF EXECUTIVE OFFICER 2028282635 2014-09-11 1 SUBRINA L WOOD P00365899 2022932200 2013 2015-11-30 17:44:51Z JASON OXMAN 1101 16TH STREET NW NO 402 WASHINGTON DC 20036 9108627 0 X WWW.ELECTRAN.ORG X 1990 DC PROVIDE LEADERSHIP IN THE TRANSACTION PROCESSING INDUSTRY THROUGH EDUCATION AND ADVOCACY. 15 15 11 200 363182 0 0 80000 5062857 5750724 14266 21038 34955 3920 5112078 5855682 0 0 0 0 1222785 1562676 0 0 0 3330453 3298561 4553238 4861237 558840 994445 4245446 5924113 1919595 2574116 2325851 3349997 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 & EXPOSITIONSETA ANNUAL MEETING AND EXPO, APRIL 30 - MAY 2, 2013, NEW ORLEANS, LA - OVERALL ATTENDANCE AT THE 2013 ETA ANNUAL MEETING AND EXPO, INCLUDING PAID/COMP INDUSTRY ATTENDEES, EXHIBITORS, SPEAKERS AND GUESTS WAS 2,939. MEETING ENHANCEMENTS INCLUDED AN EXPANSION OF EDUCATIONAL OPPORTUNITIES ACROSS FOUR TRACKS IN THE AREAS OF SALES AND MARKETING, PRODUCT, RISK AND SECURITY, AND FINANCE AND PROFITABILITY. THE 2013 KEYNOTE SPEAKERS WERE MICHAEL ABBOTT, CEO OF ISIS AND DAVID NELMS, CEO OF DISCOVER NETWORK. PRE-CONFERENCE EVENTS INCLUDED SEVEN ETAU COURSES, COMPLIANCE DAY, INVESTMENT COMMUNITY FORUM AND TWO NEW EVENTS - MOBILE PAYMENT INNOVATIONS, IN PARTNERSHIP WITH STRATEGIC SOLUTIONS NETWORK, AND EMV DAY, IN PARTNERSHIP WITH MASTERCARD. THE SHOW FLOOR WAS SOLD OUT WITH 200 COMPANIES OCCUPYING 40,500 NET SQUARE FEET. THE EXHIBIT HALL FEATURED TWO NEW AREAS, THE MOBILE PAY ZONE, WHICH SHOW CASED NEW ETA MEMBER COMPANIES IN THE MOBILE SPACE, AND THE PAYMENTS NEXT ZONE, WHICH SHOWCASED NEW STARTUP COMPANIES. THE PAYMENTS NEXT ZONE WAS DESIGNED TO ATTRACT NEW PAYMENTS INDUSTRY PARTICIPANTS TO THE SHOW AND WAS FUNDED BY A GRANT BY THE BILL AND MELINDA GATES FOUNDATION, WHICH INCLUDED A COMPETITION AND AWARD, AND ENABLED ETA TO PROVIDE FREE EXHIBIT SPACE TO PAYMENTS STARTUPS THAT WOULD OTHERWISE BE UNABLE TO AFFORD THE OPPORTUNITY TO LAUNCH THEIR NEW PAYMENTS PRODUCTS.STRATEGIC LEADERSHIP & NETWORKING FORUM, OCTOBER 15-17, 2013, SCOTTSDALE, AZ - THE 2013 SLF WAS ATTENDED BY 392 PARTICIPANTS. IN ADDITION TO THE KEYNOTE SESSION, THE PROGRAM CONSISTED OF SIX EDUCATIONAL SESSIONS WITHIN THREE MEGA SEGMENTS: KEY TRENDS IN PAYMENTS: ECONOMIC, CONSUMER AND MERCHANT VIEWS, A CONVERSATION ABOUT TECHNOLOGY AND EXPLORING NEW PAYMENTS MODELS - WILL THEY DISRUPT, DISINTERMEDIATE OR CREATE OPPORTUNITY FOR ALL. NEW IN 2013 WAS A JUDGED PAYMENTS NEXT ZONE COMPETITION AND THE SECOND E-PAY INNOVATION AWARD, GENEROUSLY FUNDED BY THE BILL AND MELINDA GATES FOUNDATION. INTERNATIONAL ACQUIRING FORUM, SEPTEMBER 17-19, 2013, LONDON, ENGLAND - ETA CONDUCTED AN INTERNATIONAL ACQUIRING FORUM, IN COLLABORATION WITH GLOBAL VISION GROUP, FOR 134 PARTICIPANTS, TO ADDRESS THE GLOBALIZATION OF MERCHANT ACQUIRING AND TO RECOGNIZE THE IMPORTANCE OF ACQUIRERS, PAYMENT SERVICE PROVIDERS AND PROCESSORS IN TODAY'S INCREASINGLY COMPLEX PAYMENTS INDUSTRY. THE EVENT BROUGHT TOGETHER CEOS, SENIOR EXECUTIVES AND INDUSTRY LEADERS TO HEAR EXPERTS ON STRATEGIC ISSUES, TRENDS AND FUTURE OPPORTUNITIES. ATTENDEES REPRESENTED 21 COUNTRIES, INCLUDING 46% EU AND EMEA, 44% NORTH AMERICA (U.S. CANADA), 2% LAC AND 8% ASIA PACIFIC. PUBLICATIONS AND COMMUNICATIONSTRANSACTION TRENDS (CIRCULATION 7700) IS THE OFFICIAL PUBLICATION OF ETA, PROVIDING THOUGHTFUL, IN-DEPTH REPORTING ON THE ELECTRONIC PAYMENTS ECOSYSTEM. IN 2013, SPECIAL EDITIONS FOR A MOBILE COMMERCE GUIDE AND HOLIDAY GUIDE FOR MERCHANT ACCEPTANCE OF MOBILE PAYMENTS WERE PUBLISHED. ETA CURRENTS (ELECTRONIC CIRCULATION 8800) IS AN EXECUTIVE SUMMARY OF CURRENT, INNOVATIVE AND RELEVANT TOPICS IN THE PAYMENTS INDUSTRY. THE WEB SITE TRAFFIC REMAINED CONSISTENT AT AN ANNUAL RATE OF 501,276 PAGE VIEWS AND AN AVERAGE OF 12,500 VISITORS PER MONTH, WITH PEAKS ASSOCIATED WITH THE ANNUAL MEETING AND STRATEGIC LEADERSHIP FORUM EVENTS.SOCIAL MEDIA - CURRENTLY, ETA HAS 4, 500 TWITTER FOLLOWERS AND OVER 6,000 MEMBERS OF OUR LINKEDIN GROUP. OUR FACEBOOK PAGE IS LIKED BY 526 PEOPLE.MEDIA OUTREACH - ETA HAS BEEN CALLED UPON BY NATIONAL MEDIA OUTLETS, INCLUDING NPR, CBS, ASSOCIATED PRESS, USA TODAY, AND MORE, TO REPRESENT THE VIEWPOINT OF THE PAYMENTS INDUSTRY. BOTH HOUSE AND SENATE STAFF HAVE INVITED ETA TO BRIEF THEM ON THE SECURITY AND RELIABILITY OF THE PAYMENTS INFRASTRUCTURE. ETA HAS ALSO RESPONDED AFFIRMATIVELY TO OPINION PIECES IN NATIONAL MEDIA THAT HAVE BLAMED PAYMENTS COMPANIES FOR RECENT BREACHES AND SOUGHT TO INCREASE REGULATION OF OUR INDUSTRY. EDUCATION AND CREDENTIALINGIN 2013, ETA LAUNCHED THE NEW ETAPAC AND ETA VOICE OF PAYMENTS GRASSROOTS INITIATIVE. ON THE POLICY FRONT, NEW ETA ACTIVITIES WERE INITIATED AT THE IRS, FTC, CFPB, NTIA, USTR, NIST, AND CONGRESS. ON THE INDUSTRY FRONT, THE ETA BEST PRACTICES EDUCATION INITIATIVE WAS LAUNCHED IN RESPONSE TO FEDERAL LAW ENFORCEMENT ACTIONS AGAINST PAYMENT PROCESSORS AND ISOS. ETA CONDUCTED MORE THAN 20 MEMBER VISITS, 25 SPEAKING ENGAGEMENTS, AND GENERATED 24 PRESS STORIES BUILDING POSITIVE ETA REPUTATION IN INDUSTRY, MEDIA AND GOVERNMENT. THE TARGET BREACH STORY FOCUSED A SIGNIFICANT AMOUNT OF ENERGY ON THE PAYMENTS INDUSTRY AND CREATED AN OPPORTUNITY FOR ETA TO RESPOND TO PROTECT, PRESERVE AND PROMOTE THE PAYMENTS INDUSTRY WHILE ENSURING THAT CONSUMERS, POLICYMAKERS AND MEDIA UNDERSTAND THE VALUE AND SECURITY OF OUR NATION'S PAYMENTS SYSTEMS. 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 11 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 1 1 DC X THE ASSOCIATION 2028282635 1101 16TH ST NW SUITE 402 WASHINGTON DC 20036 KIM FITZSIMMONS PRESIDENT 1.50 X X 0 0 0 HOLLI TARGAN PRESIDENT-ELECT 1.50 X X 0 0 0 EDDIE MYERS IMMEDIATE PAST PRESIDENT 1.50 X X 0 0 0 DEBRA ROSSI TREASURER 1.50 X X 0 0 0 GREGORY COHEN 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 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 ROSENBLATT 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 419013 0 55789 PAMELA FURNEAUX CHIEF OPERATING OFFICER 37.50 X 183748 0 28837 MARY BENNETT DIR GOVT RELATIONS 37.50 X 159302 0 20365 RORI FERENSIC DIR EDUCATION AND PROF DEV 37.50 X 122825 0 21500 884888 0 126491 4 0 1 0 STRATTON PUBLISHING & MARKETING INC PO BOX 13133 ALEXANDRIA VA 22312 PUBLICATION MANAGEMENT 380706 FREEMAN AUDIO VISUAL SOLUTIONS PO BOX 650519 DALLAS TX 75265 AUDIO VISUAL 151850 CONFERENCE MANAGERS 512 HERNDON PARKWAY SUITE D HERNDON VA 20170 EVENT PLANNING 120802 FREEMAN PO BOX 650036 DALLAS TX 75265 SHOW MANAGEMENT 116924 4 80000 80000 MEETINGS 900099 3943834 3928834 15000 MEMBERSHIP DUES 900099 1151249 1151249 PUBLICATIONS 541800 376045 27863 348182 EDUCATION 900099 176720 176720 CERTIFICATION FEES 900099 102876 102876 5750724 36178 36178 3920 3920 3237805 3252945 -15140 -15140 -15140 5855682 5387542 363182 24958 X 687387 741641 21496 29526 82626 123997 66751 858703 163439 45059 124482 140299 122890 1126076 24183 21588 PRINTING AND PRODUCTION 212542 BANKING AND CREDIT CARD 146553 SUBSCRIPTIONS & PUBLICA 52357 POSTAGE & SHIPPING 45203 24439 4861237 292641 155184 361226 111467 100553 148143 104575 158272 436293 405250 32658 31043 3311710 5248951 42083 71053 4245446 5924113 160212 304475 1710895 2191808 48488 77833 1919595 2574116 X 2222395 3246541 103456 103456 2325851 3349997 4245446 5924113 994445 29701 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 24219 24219 0 83286 62511 20775 328788 318520 10268 31043 MONEY MARKET FUNDS 1826043 F CERTIFICATES OF DEPOSIT 2494319 F MUTUAL FUNDS 928589 F 5248951 DEFERRED CAPITAL LEASE 13470 DEFERRED COMPENSATION OBLIGATION 64363 77833 X 5926054 29701 40671 70372 5855682 0 5855682 4901908 40671 40671 4861237 0 4861237 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 2010 THROUGH 2013 TAX YEARS ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES. X X X X 0 1 0 JASON OXMAN CHIEF EXECUTIVE OFFICER 360500 0 58333 0 180 0 37327 0 18462 0 474802 0 0 0 PAMELA FURNEAUX CHIEF OPERATING OFFICER 159385 0 23175 0 1188 0 15213 0 13624 0 212585 0 0 0 MARY BENNETT DIR GOVT RELATIONS 143582 0 15450 0 270 0 8752 0 11613 0 179667 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 EXECUTIVE COMMITTEE 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 672,771. EXHIBITOR SERVICE 112,375. OTHER PROFESSIONAL FEES 73,557. FORM 990, PART XII, LINE 2C THE AUDIT REVIEW PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.