2013-10-31T11:00:13-05:00 2012-12-31 232896692 BBD LLP 1835 MARKET STREET 26TH FLOOR PHILADELPHIA PA 19103 990 2012-01-01 411353632 INTERNATIONAL ENERGY CREDIT ASSOCIATION INC INTE 8563806854 15000 COMMERCE PARKWAY NO C MOUNT LAUREL NJ 08054 MARK SOULLIERE 8563806854 2013-10-28 1 MARIANNE MAK P00297744 2155677770 2012 2016-03-07 17:11:31Z MARK SOULLIERE 15000 COMMERCE PARKWAY NO C MOUNT LAUREL NJ 08054 1536769 0 X WWW.IECA.NET X 1923 MN SEE PAGE 2, PART III, LINE 1: STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS FOR DETAILS. 22 22 0 100 9252 0 411930 403640 1214738 1120191 1163 1015 4517 11923 1632348 1536769 25000 25000 0 0 194176 190484 0 0 0 1251161 1417850 1470337 1633334 162011 -96565 1033863 924149 134918 121769 898945 802380 THE IECA'S MISSION IS TO PROMOTE THE PROFESSIONALISM OF ITS MEMBERS BY PROVIDING CONTINUING EDUCATION AND A FORUM FOR THE EXCHANGE OF IDEAS RELEVANT TO CREDIT AND FINANCIAL MANAGEMENT OF THE ENERGY INDUSTRY. 0 0 SERVED 1,450 MEMBERS; SEVERAL EDUCATION CONFERENCES AND SEMINARS FOR CREDIT RISK EDUCATION WITH OVER 850 ATTENDEES. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 0 1 1 1 CA UK 0 0 0 0 X 22 22 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X ASSOCIATION HEADQUARTERS INC 8563806854 15000 COMMERCE PARKWAY STE C MT LAUREL NJ 08054 MARK SOULLIERE 4.00 X X 0 0 0 PAUL KREBS 4.00 X X 0 0 0 PAUL KREBS 2.00 X X 0 0 0 GREGORY CORTEZ 3.00 X X 0 0 0 IAN PLESTER 3.00 X X 0 0 0 MARK SOULLIERE 3.00 X X 0 0 0 JAMIE SWARTZ 2.00 X X 0 0 0 ALYSON BEICKER 3.00 X X 0 0 0 ZACKARY STARBIRD 1.50 X X 0 0 0 AMANDA KENLY 3.00 X X 0 0 0 JAMES HAWKINS 3.00 X X 0 0 0 ZACKARY STARBIRD 3.00 X X 0 0 0 AMANDA KENLY 1.50 X X 0 0 0 IAN PLESTER 3.00 X X 0 0 0 GEOFFREY MEYERS 1.50 X 0 0 0 JOHN EARLY 1.00 X 0 0 0 ALYSON BEICKER 3.00 X 0 0 0 ANDRES AGUILA 1.00 X 0 0 0 SCOTT MCFERREN 1.00 X 0 0 0 ALAN BABP 1.00 X 0 0 0 LAURA BROWN 1.50 X 0 0 0 MARIA TAYLOR 2.00 X 0 0 0 JAMES HAWKINS 2.00 X 0 0 0 IVAN MELAMUD 2.00 X 0 0 0 MELISSA SCHUETZ 1.00 X 0 0 0 JAMIE SWARTZ 2.00 X 0 0 0 TERI BROWN 1.00 X 0 0 0 MICHAEL DUTKA 1.00 X 0 0 0 PHILIP PRIOLO 1.00 X 0 0 0 OSCAR SOTO 1.00 X 0 0 0 KYRI EVAGORA 2.00 X 0 0 0 MIKE DELUCA 1.00 X 0 0 0 DENNIS HERNANDEZ 2.00 X 0 0 0 JERRY BURT 40.00 X 82350 0 0 GARY NICHOLSON 40.00 X 27083 0 0 DAVID STONE 40.00 X 71088 0 0 MICHELE BIORDI 40.00 X 0 0 0 180521 0 0 0 0 0 0 ASSOCIATION HEADQUARTERS 15000 COMMERCE PARKWARY STE C MOUNT LAUREL NJ 08054 MGMT. SERVICES 459631 1 403640 403640 CONFERENCES 900099 1056690 703216 353474 SEMINARS 900099 62336 62336 JOURNAL 541800 1165 1165 1120191 1015 1015 WEB ADVERTISING 541800 8087 8087 MISCELLANEOUS 900099 3836 3836 11923 1536769 765552 9252 358325 25000 190484 342279 77019 98777 15634 832616 7413 MISCELLANEOUS 18292 PUBLICATIONS 17081 PROFESSIONAL FEES 8739 1633334 642371 549767 357632 355311 11301 780 15059 18291 0 7500 1033863 924149 55368 64583 79550 57186 134918 121769 X 898945 802380 898945 802380 1033863 924149 -96565 0 X 0 1 X 0 0 1 1 0 0 X 1536769 0 1536769 0 1536769 1633334 0 1633334 0 1633334 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: UNCERTAIN TAX POSITIONS UNDER ASC 740 GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE A MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. IECA BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS DEFINED IN GENERALLY ACCEPTED ACCOUNTING PRINCIPLES AND, AS A RESULT, THERE IS NO IMPACT ON THE FINANCIAL STATEMENTS. GENERALLY, THE IECA IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2009. EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES CONFERENCES, SEMINARS AND MEETINGS 296323 NORTH AMERICA - CANADA AND MEXICO, BUT 0 0 PROGRAM SERVICES CONFERENCES, SEMINARS AND MEETINGS 95542 EAST ASIA AND THE PACIFIC - 0 0 PROGRAM SERVICES CONFERENCES, SEMINARS AND MEETINGS 7495 0 0 0 0 0 0 399360 0 399360 0 0 0 0 0 0 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: ACCRUAL METHOD 1 SCHOLARSHIPS 8 25000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION AWARDS ASSISTANCE BASED ON QUALIFYING CRITERIA. ONCE THE CRITERIA HAS BEEN MET NO PROCEDURES ARE USED TO MONITOR HOW AWARDS ARE SPENT. FORM 990, PART VI, SECTION A, LINE 3 DELEGATION OF MANAGEMENT DUTIES IECA OUTSOURCES ITS ADMINISTRATIVE AND MANAGEMENT FUNCTIONS TO AN INDEPENDENT MANAGEMENT SERVICE COMPANY INCLUDING THE POSITION OF EXECUTIVE DIRECTOR (NON-VOTING MEMBER OF THE BOARD). THE TOTAL FEES INCURRED BY THE IECA FOR THIS MANAGEMENT SERVICE COMPANY DURING THE TAX YEAR AMOUNTED TO $342,279 AND IS REPORTED ON FORM 990, PAGE 10, PART IX, LINE 11A. FORM 990, PART VI, SECTION A, LINE 4 SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS THE GOVERNING BOARD ADOPTED THE FOLLOWING CHANGES OF ITS BYLAWS IN OCTOBER, 2012. AS REFERENCED BELOW: (1) THE EXECUTIVE COMMITTEE SHALL BE CHAIRED BY THE PRESIDENT; (2) THE EXECUTIVE COMMITTEE SHALL BE VESTED WITH ALL POWERS OF THE BOARD OF DIRECTORS TO TRANSACT THE BUSINESS. THE BOARD OF DIRECTORS SHALL BE INFORMED OF ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE; (3) IN THE ABSENCE OF THE SECRETARY-TREASURER, A MEMBER OF THE EXECUTIVE COMMITTEE SHALL PERFORM THEIR DUTIES; (4) AUDITOR IS RESPONSIBLE TO THE EXECUTIVE COMMITTEE; AND (5) AUDITOR SHOULD SUBMIT AUDIT REPORT TO EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP ORGANIZATION IECA HAS ONE CLASS OF VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS OF GOVERNING BODY EACH VOTING MEMBER HAS THE SAME RIGHT TO VOTE AND TO BE ELECTED AS A MEMBER OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 GOVERNING BODY REVIEW OF FORM 990 PRIOR TO ITS FILING WITH THE IRS, A FINAL COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY ALL BOARD MEMBERS ARE REMINDED ANNUALLY OF THEIR DISCLOSURE OBLIGATIONS UNDER THE DISCLOSURE DECLARATION POLICY. MEMBERS SHALL UPDATE THE DISCLOSURE DECLARATION ANYTIME THEY BECOME AWARE OF A POTENTIAL CONFILCT. EACH UPDATE TO THE DECLARTION IS SENT TO THE EXECUTIVE COMMITTEE AND EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING OFFICERS' COMPENSATION OFFICERS' SALARIES ARE SET IN CONSULTATION WITH THE BOARD OF DIRECTORS, TAKING INTO CONSIDERATION MARKET CONDITIONS AND BUDGET CONSTRAINTS. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF OTHER DOCUMENTS COPIES OF IECA'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE PROVIDED UPON REQUEST.