2013-11-14T08:38:28-06:00 2012-12-31 540737372 PBMARES LLP 12150 MONUMENT DR SUITE 350 FAIRFAX VA 22033 990 2012-01-01 410327400 INDEPENDENT COMMUNITY BANKERS OF AMERICA INDE 3203526546 518 LINCOLN ROAD SAUK CENTRE MN 56378 PATRICIA HOPKINS 3203526546 2013-11-11 1 KEVIN F REILLY P00543034 7033858809 2013-11-11 X 2012 2016-02-25 16:41:14Z PATRICIA HOPKINS 518 LINCOLN ROAD SAUK CENTRE MN 56378 36611690 0 X WWW.ICBA.ORG X 1930 MN THE INDEPENDENT COMMUNITY BANKERS OF AMERICA(ICBA) EXCLUSIVELY REPRESENTS THE NATION'S COMMUNITY BANKS BY PROVIDING PROACTIVE ADVOCACY, QUALITY EDUCATION AND BUSINESS SOLUTIONS THAT BENEFIT MEMBER BANKS AND THE COMMUNITIES THEY SERVE. 18 10 137 285 1704917 539005 0 0 21703436 22602576 348299 203131 12748288 13799352 34800023 36605059 92094 12500 0 0 19447850 19252995 0 0 0 14184229 14524496 33724173 33789991 1075850 2815068 100476445 113144155 17991616 18769960 82484829 94374195 X THE INDEPENDENT COMMUNITY BANKERS OF AMERICA(ICBA) EXCLUSIVELY REPRESENTS THE NATION'S COMMUNITY BANKS BY PROVIDING PROACTIVE ADVOCACY, QUALITY EDUCATION AND BUSINESS SOLUTIONS THAT BENEFIT MEMBER BANKS AND THE COMMUNITIES THEY SERVE. 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 WASHINGTON REPORT.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-THE 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 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 83 0 137 1 1 1 0 0 0 1 1 0 X 18 10 0 0 1 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 1.00 X X 23709 0 72 CYNTHIA BLANKENSHIP 1.00 X X 18949 0 0 R MICHAEL MENZIES SR 1.00 X X 16865 0 0 JAMES D MACPHEE 1.00 X X 19693 0 72 CAMDEN R FINE 40.00 X X 1617359 0 164582 JEFFREY L GERHART 1.00 X X 28056 0 72 JACK HARTINGS 1.00 X 4163 0 0 WILLIAM A LOVING JR 1.00 X X 21845 0 72 STEVEN GARDNER 1.00 X X 4447 0 0 JOHN H BUHRMASTER 1.00 X X 14804 0 0 NANCY A RUYLE 1.00 X X 2622 0 0 DAVID HAYES 1.00 X X 1849 0 0 REBECA RAINEY 1.00 X 5341 0 0 PRESTON KENNEDY 1.00 X 3413 0 0 JOE PIERCE 1.00 X 1187 0 0 SCOTT MCBRIDE 1.00 X 0 0 0 JACK HOPKINS 1.00 X 2353 0 0 SAM VALLANDINGHAM 1.00 X 0 0 0 PATRICIA M HOPKINS 20.00 20.00 X 278265 278264 123540 MARK A RAITOR 40.00 X 461750 0 162582 GARY C TEAGNO 4.00 36.00 X 56273 506454 170582 KAREN M THOMAS 40.00 X 473847 0 208831 TERRY JORDE 40.00 X 470027 0 60582 PAUL C MCGUIRE 40.00 X 232003 0 153475 PAUL G MERSKI 40.00 X 328190 0 168582 DAVID HAITHCOCK 40.00 X 253741 0 97214 BRIAN COONEY 40.00 X 222290 0 59822 RENEE RAPPAPORT 40.00 X 213290 0 51960 4776331 784718 1422040 10 0 1 0 TR RUPLIE & ASSOC 7311 LINGANORE COURT MCLEAN VA 221022140 PROFESSIONAL CONSULTING 631871 PRG LAS VEGAS 6050 S VALLEY BLVD LAS VEGAS NV 89118 AUDIO VISUAL 491402 GENERAL LEARNING COMMUNICATION 900 SKOKIE BLVD STE 200 NORTHBROOK IL 600624031 CREATIVE DEVELOPMENT 346745 ISG SOLUTIONS 2400 RESEARCH BLVD STE 350 ROCKVILLE MD 208506220 COMPUTER SUPPORT 313718 ALL COVERED INC PO BOX 39000 DEPT 33163 SAN FRANCISCO CA 941390001 IT & COMPUTER SUPPORT 289856 23 MEMBERSHIP 900099 13298936 13298936 CONVENTIONS/SEMINARS/INFO CTR 900099 7772615 7772615 ADVERTISING 541800 1481482 1481482 BANK MARKETING SUPPORT 900099 49543 49543 22602576 179787 1625 178162 9217261 9217261 29975 6631 23344 23344 23344 ISN SERVICE CONTRACT 900099 4436200 221810 4214390 SPONSORSHIPS 900099 145891 145891 4582091 36605059 21144438 1704917 13755704 X 12500 3824425 10927285 1960330 1747707 793248 23045 52825 110680 347219 434362 1560167 317355 3674531 459763 137274 TAXES - FEDERAL UBI TAX 183262 EDUCATION SEMINARS & PR 1852052 GOVERNMENT RELATIONS 1406136 PUBLICATIONS EXPENSE 831592 3134233 33789991 53676 28590 36633185 37599734 4075630 4861652 10141353 7646704 2854702 2494649 52663501 60342013 4195751 7817517 100476445 113144155 2368005 2375353 14568790 15565813 1054821 828794 17991616 18769960 X 0 0 0 0 82484829 94374195 82484829 94374195 100476445 113144155 X 2815068 -3881 9078179 X X 0 1 X 1 0 0 0 0 1 12551349 5150009 -358586 4791423 4963186 -171763 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: 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 851965 656545 195420 2779203 1704082 1075121 2404619 1774934 629685 4079466 3511143 568323 2494649 60069908 C FAIRFAX COUNTRY CLUB STOCK 19621 C PRINCIPAL FINANCIAL TRUST ACCOUNT 252484 C 60342013 PREPAID ACTIVITIES & OTHER ASSETS 5023594 DUE FROM RELATED PARTIES 1772014 INCOME TAX RECEIVABLES 1021909 7817517 DEFERRED LEASE INCENTIVE 828794 828794 X 31595719 0 31595719 5009340 5009340 36605059 28780651 0 28780651 5009340 5009340 33789991 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 2012 AND 2011, 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 PROVISIONS ARE SET TO EXPIRE IN 2013 IF NOT AMENDED BY LEGISLATION. ICBACH AND ITS SUBSIDIARIES ARE SUBJECT TO FEDERAL AND STATE INCOME TAXES. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, "ACCOUNTING FOR UNCERTAINTY IN 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, 2012 OR 2011. 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 2009. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL STMT REPORTS - ACTIVITIES NET OF EXPENSES 5,009,340. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL STMT REPORTS - ACTIVITIES NET OF EXPENSES 5,009,340. 1 NEW HOPE SERVICES INC 725 WALL STREET JEFFERSONVILLE IN 47130 351022158 501(C)(3) 5000 DISASTER RELIEF FUND NASHVILLE AREA HABITAT FOR HUMANITY 2950 KRAFT DRIVE STE 100 NASHVILLE TN 37204 581636286 501(C)(3) 7500 FUNDS PROVIDED FOR THE USE IN BUILDING HOMES. 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ICBA DOES NOT MONITOR THE USE OF THE ASSISTANCE (CHARITABLE CONTRIBUTION) GIVEN TO NEW HOPE SERVICES, INC. OR HABITAT FOR HUMANITY. X X X X 1 1 X X X X X X 0 0 0 CAMDEN R FINE 1225000 0 200000 0 192359 0 142000 0 22582 0 1781941 0 0 0 PATRICIA M HOPKINS 200000 200000 50000 50000 28265 28264 116000 0 7540 0 401805 278264 0 0 MARK A RAITOR 375000 0 60000 0 26750 0 140000 0 22582 0 624332 0 0 0 GARY C TEAGNO 40000 360000 11000 99000 5273 47454 148000 0 22582 0 226855 506454 0 0 KAREN M THOMAS 395000 0 60000 0 18847 0 194000 0 14831 0 682678 0 0 0 TERRY JORDE 390000 0 60000 0 20027 0 38000 0 22582 0 530609 0 0 0 PAUL C MCGUIRE 194767 0 36786 0 450 0 130893 0 22582 0 385478 0 0 0 PAUL G MERSKI 285000 0 42500 0 690 0 146000 0 22582 0 496772 0 0 0 DAVID HAITHCOCK 193500 0 50369 0 9872 0 74632 0 22582 0 350955 0 0 0 BRIAN COONEY 204000 0 17000 0 1290 0 37240 0 22582 0 282112 0 0 0 RENEE RAPPAPORT 190000 0 22000 0 1290 0 44420 0 7540 0 265250 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 4 ON OCTOBER 19, 2012 THE INDEPENDENT COMMUNITY BANKERS OF AMERICA BOARD OF DIRECTORS UNANIMOUSLY APPROVED A RESOLUTION TO MODIFY THE ASSOCIATION'S BYLAWS AND RECONSTITUTE THE BOARD OF DIRECTORS. THE FORMER BOARD OF DIRECTORS WAS RECAST AS THE FEDERAL DELEGATE BOARD. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: EQUITY IN EARNINGS OF SUBSIDIARY 9,078,179. AUDIT COMMITTEE FORM 990, PART XII, LINE 2C 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 -814446 49254887 1.00000 0 ICBA SECURITIES CORPORATION 775 RIDGE LAKE BLVDSUITE 175 MEMPHIS TN 38120 061253210 SECURITIES BROKER DE ICBA SERVICES NETWORK INC C 581107 1264219 1.00000 0 ICBA BANCARD INC 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 521439424 SERVICES DE ICBA SERVICES NETWORK INC C 3260330 151592524 1.00000 0 TCM BANK NA 2701 N ROCKY POINT DRIVE SUITE 600 TAMPA FL 33607 593476606 BANKING DE ICBA BANCARD INC C 4643828 183491347 1.00000 0 ICBA MORTGAGE CORPORATION 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 541561970 MORTGAGE SERVICES DE ICBA SERVICES NETWORK INC C -89412 1.00000 0 ICBA REINSURANCE COMPANY LTD 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 980196531 SERVICES AZ ICBA SERVICES NETWORK INC C 104716 7905054 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 1392056 273177195 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 ICBA SERVICES NETWORK INC Q 5338759 ICBA SECURITIES CORPORATION A 340769 ICBA BANCARD INC A 2222342 TCM BANK NA A 380230 ICBA MORTGAGE CORPORATION A 339 ICBA SECURITIES CORPORATION Q 1024183 ICBA BANCARD INC Q 2011723 TCM BANK NA Q 4195133 ICBA MORTGAGE CORPORATION Q 16395 ICBA REINSURANCE COMPANY LTD Q 16544 ICBA REINSURANCE COMPANY LTD A 39091 ICBA CONSOLIDATED HOLDINGS INC Q 1390149 ICBA CONSOLIDATED HOLDINGS INC A 322073