2012-05-02T17:07:31-05:00 2011-09-30 GRANT THORNTON LLP 175 W JACKSON BLVD STE 2000 CHICAGO IL 60604 990 2010-10-01 363330171 BANK ADMINISTRATION INSTITUTE BANK 3125534600 115 SOUTH LASALLE STREET SUITE 330 CHICAGO IL 60603 THOMAS DUBNICKA 2012-04-23 DAN ROMANO 3128560200 2010 2016-02-24 21:20:13Z BAI Deborah Bianucci 115 S LASALLE ST SUITE 3300 CHICAGO IL 60603 6958263 false X www.bai.org X 1984 IL BANK ADMINISTRATION INSTITUTE (BAI) IS ESTABLISHED TO ADVANCE EDUCATION IN THE FIELDS OF FINANCIAL SERVICES, BANKING AND RELATED AREAS. 19 18 111 0 321785 31968 0 0 4295223 4280671 376203 434565 1317815 1457072 5989241 6172308 0 0 0 0 3975438 4175232 0 0 0 4766794 4820040 8742232 8995272 -2752991 -2822964 16028434 15207139 14238980 13594459 1789454 1612680 BANK ADMINISTRATION INSTITUTE (BAI) IS ESTABLISHED TO ADVANCE EDUCATION IN THE FIELDS OF FINANCIAL SERVICES, BANKING AND RELATED AREAS. false false 7256400 4191742 THERE WERE OVER 9,000 ATTENDEES COVERING OVER 60 BAI EDUCATIONAL TRADE SHOWS, CONFERENCES, SEMINARS AND WEBINARS. THESE ACTIVITIES EDUCATE PARTICIPANTS ABOUT THE FINANCIAL SERVICES INDUSTRY. 182546 88929 BAI PUBLICATIONS ASSIST IN EDUCATING INDIVIDUALS ON VARIOUS FINANCIAL TOPICS AND FINANCIAL SERVICES STRATEGIES. BAI PUBLICATIONS CONSIST OF BANKING STRATEGIES MAGAZINE AND VARIOUS NEWSLETTERS. 7438946 true false false false false false false false false true false false true true true false true false false false false false false false false false false false true false false false true false false false false false false false false false true true false false false true X 45 0 true 111 true true true false false false false false false false false false X 19 18 true false false false false false false true true false false true true true true true true true true false IL X THOMAS DUBNICKA 3126832378 115 S LASALLE STREET SUITE 3300 CHICAGO IL 60603 X John H Freeman 1.0 X X 0 0 0 Betty L Cowell 1.0 X X 0 0 0 Douglas K Freeman 1.0 X X 0 0 0 Timothy P Moen 1.0 X X 0 0 0 Scott M Peters 1.0 X X 0 0 0 Lewis C Fischer 1.0 X X 0 0 0 Ulderico Calero 1.0 X 0 0 0 Jon N Couture 1.0 X 0 0 0 Rilla S Delorier 1.0 X 0 0 0 Andrew J Harmening 1.0 X 0 0 0 Mark J Hogan 1.0 X 0 0 0 Charles G Kim 1.0 X 0 0 0 Christopher J McComish 1.0 X 0 0 0 Bruce D Murphy 1.0 X 0 0 0 David W Owen 1.0 X 0 0 0 Harlan C Parish 1.0 X 0 0 0 Steven S SaLoutos 1.0 X 0 0 0 Michelle R Trolli 1.0 X 0 0 0 Deborah Bianucci 20.0 X X 196268 356445 36443 Thomas Dubnicka 20.0 X 114856 208590 38837 Ann Barcroft 20.0 X 91883 166870 35010 Dana Dolan 40.0 X 230035 0 32914 Anne Matsumoto 40.0 X 176733 0 18694 Eric Bingen 20.0 X 50701 92079 20960 Keith Harpelund 40.0 X 130090 0 17476 James McNeil 40.0 X 281061 0 34224 Clinton Swift 40.0 X 136095 0 18220 Anne Simmons 20.0 X 52895 96062 20010 1460617 920046 272788 16 false true false 0 0 PROGRAMS AND CONFERENCES 611600 4191742 4191742 PUBLICATIONS 900004 88929 19140 69789 4280671 364197 364197 0 66485 66485 856323 785955 70368 70368 70368 0 0 0 SPONSORSHIP REVENUE 541800 1214084 78650 1135434 WEBCAST REVENUES 900004 173346 173346 MISCELLANEOUS REVENUE 900099 3157 3157 1390587 6172308 4210882 321785 1639641 0 0 0 0 1572070 1168452 403618 0 2211809 1651624 560185 -14590 -10248 -4342 159266 124571 34695 246677 173261 73416 -22450 -15643 -6807 87261 73041 14220 26407 26407 0 0 0 507121 461379 45742 701321 698815 2506 446605 413820 32785 171524 148737 22787 3800 3800 384584 270271 114313 264334 183144 81190 0 1781223 1770391 10832 0 0 152182 106890 45292 42627 42627 EMPLOYEE ACTIVITY EXPENSES 69968 23944 46024 LIST RENTAL FEES 40043 40043 DUES AND SUBSCRIPTIONS 18608 14242 4366 VARIABLE RESOURCES 77395 77395 TAXES, FEES, AND LICENSES 61379 61017 362 6108 6108 8995272 7438946 1556326 0 195 2198137 3523562 51069 151712 1555020 1720093 1937418 1519775 1731451 1286548 544587 444903 250041 224809 9492162 7622090 16028434 15207139 2016134 1969081 3334338 4463057 7425000 5775000 1463508 1387321 14238980 13594459 X 1789454 1612680 1789454 1612680 16028434 15207139 X -2822964 2646190 X false true true X X 2557520 2756935 2189314 1131738 1214084 9849591 13227365 12310135 7120685 4141751 4211782 41011718 15784885 15067070 9309999 5273489 5425866 50861309 50861309 1673481 461194 394846 391325 430682 3351528 1673481 461194 394846 391325 430682 3351528 39357 92527 29382 321785 483051 101949 15885 53428 93520 3157 267939 17560315 15583506 9850800 5787716 6181490 54963827 0.92536 0.92327 0.06098 0.07038 X The amounts reported on Schedule A, Part III, Line 1 represent qualified sponsorship payments received by BAI. 104793 24257 80536 1626658 1262291 364367 444903 DUE FROM BAI CENTER 7622090 7622090 0 RETIREMENT LIABILITIES 426964 DEFERRED COMPENSATION 224809 SWAP AGREEMENT 224407 LEASE LIABILITY 511141 1387321 FORM 990, SCHEDULE D - PART X ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 The organization implemented FIN-48 in a prior tax year and the footnote in the audited financial statements for the first year of implementation was as follows: The Institute adopted the provisions of ASC 740-10-25-6, "Accounting for Uncertainty in Income Taxes" as of October 1, 2009. ASC 740-10-25-6 clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. It also states that the tax benefits from an uncertain tax position can be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The tax years ending 2008, 2009 and 2010 are still open to audit for both Federal and state purposes. The adoption of ASC 740-10-25-6 did not have any impact on the Institute's financial statements. BAI and BAI Center have received favorable determination letters from the Internal Revenue Service as exempt organizations under Sections 501(c)(3) and (6), respectively, of the Internal Revenue Code of 1986. Certain income derived from BAI's publications and webcasts are considered to be unrelated business income and is, therefore, subject to Federal and state taxes. As unrelated business income exceeded unrelated business expense, taxes are payable for the year ended September 30, 2011. For the year ended September 30, 2010 unrelated business expenses exceeded business income, and therefore, no taxes were payable. X X true true X X X X false false false true true true true false false Deborah Bianucci 118925 215981 66920 121535 10423 18929 7830 14220 5111 9282 209209 379947 0 0 Thomas Dubnicka 80158 145575 33776 61341 922 1674 7830 14220 5961 10826 128647 233636 0 0 Ann Barcroft 67755 123051 23328 42366 800 1453 7830 14220 4602 8358 104315 189448 0 0 Dana Dolan 193113 0 34678 0 2244 0 18458 0 14456 0 262949 0 0 0 Anne Matsumoto 154270 0 19889 0 2574 0 11944 0 6750 0 195427 0 0 0 Eric Bingen 45805 83187 4284 7780 612 1112 4530 8227 2913 5290 58144 105596 0 0 James McNeil 176226 0 26932 0 77903 0 11250 0 22974 0 315285 0 0 0 Clinton Swift 122970 0 7514 0 5611 0 11258 0 6962 0 154315 0 0 0 Anne Simmons 46079 83684 5798 10530 1018 1848 4499 8171 2606 4734 60000 108967 0 0 FORM 990, SCHEDULE J, PART 1, LINE 1A Executive Management Team Members -- first-class travel only -- on business travel flights of two (2) hours or more in duration, executive team management members may purchase and be reimbursed for airline upgrade coupons to be used in conjunction with an existing coach class ticket. BOD Members -- first-class travel or companion travel -- will reimburse first class airfare to and from Board Meetings for each member. Alternatively, BAI will reimburse the cost for two round trip coach class tickets for the Board member and companion, provided that the total cost of the two coach tickets does not exceed the cost of one round trip first class ticket. BAI issues a 1099 to each Board member where BAI pays for or reimburses more than $599 in a calendar year for companion expenses. FORM 990, SCHEDULE J, PART 1, LINE 5 The organization offers all employees an opportunity to earn variable incentive compensation. Each fiscal year goals are established for the organization, groups and individuals through strategic and performance planning. Incentive awards are calculated at the close of each fiscal year based on the achievement of approved goals. FORM 990, SCHEDULE J, PART 1, LINE 6 The organization offers all employees an opportunity to earn variable incentive compensation. Each fiscal year goals are established for the organization, groups and individuals through strategic and performance planning. Incentive awards are calculated at the close of each fiscal year based on the achievement of approved goals. THOMAS P JOHNSON JR DEFERRED COMP. PLAN X 1346597 1202818 false true true DONALD F BARTOO DEFERRED COMP. PLAN X 578954 517275 false true true 1720093 FORM 990, PART VI, SECTION A, LINE 2 BAI is an educational organization serving the financial services industry. Its Board members are all employees of financial organizations which utilize BAI's educational resources. The employers of its Board members do business with each other on a daily basis in the ordinary course of business (e.g., each bank clears checks from the other banks). FORM 990, PART VI, SECTION B, LINE 11 The organization sends the tax return to each voting member of the organization's BOD Executive Committee in electronic form prior to its filing with the IRS. The BOD members will conduct a review of the Form 990 (including required schedules) and will have the opportunity to ask questions and make comments. Any final changes are incorporated into the return before the final draft is filed with the IRS. FORM 990, PART VI, SECTION B, LINE 12C BAI's conflict of interest policy covers all Board of Director members and employees. For Board of Director members, an interested person must disclose the existence of the financial interest by giving the opportunity to disclose all material facts to the directors and member of committee with governing board delegated posers considering the proposed transaction or arrangement. The remaining board or committee members shall decide if a conflict of interest exists. For Employees, an interested person must notify Human Resources as soon as such a potential conflict arises. For Board of Director members, after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. For Employees, Human Resources reviews the conflicts. FORM 990, PART VI, SECTION B, LINE 15 Each year, BAI hires an outside HR consulting firm to benchmark executive compensation using data from a number of published salary surveys. The HR Committee of the BAI Board of Directors considers this benchmarking data, the compensation reported on Form 990 for chief executives of comparable financial services trade organizations, the economic environment and BAI business conditions when making compensation decisions. The HR Committee also receives an annual disclosure of total compensation for all officers, including a three-year compensation history. The HR Committee approves officer compensation and they recommend CEO compensation to the full Board of Directors for their approval. FORM 990, PART VI, SECTION C, LINE 19 BANK ADMINISTRATION INSTITUTE DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 5 OTHER CHANGES IN NET ASSETS OR FUND BALANCES CONSIST OF: UNREALIZED GAIN/LOSS - $2,801,636 PENSION-RELATED CHANGE - ($155,446) HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Deborah Bianucci TITLE:President & CEO HOURS:20 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Thomas Dubnicka TITLE:Chief Financial Officer HOURS:20 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Ann Barcroft TITLE:Chief Administrative Officer HOURS:20 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Eric Bingen TITLE:Director Online Delivery HOURS:20 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Anne Simmons TITLE:Managing Director, IT HOURS:20 BAI Center 115 S LaSalle Street Chicago IL 60603 362026204 MEMBERSHIP IL 501(c)(6) BAI false false false false false false false false false false false false false false false true false true BAI Center R 5775000 BAI Center P 1847090