2012-11-14T10:51:51-06:00 2011-12-31 541184709 WITT MARES PLC 12150 MONUMENT DR SUITE 350 FAIRFAX VA 22033 990 2011-01-01 410327400 INDEPENDENT COMMUNITY BANKERS OF AMERICA INDE 3203526546 518 LINCOLN ROAD SAUK CENTRE MN 56378 PATRICIA HOPKINS 3203526546 2012-10-31 1 KEVIN F REILLY P00543034 7033858809 X 2011 2016-02-24 21:20:13Z PATRICIA HOPKINS 518 LINCOLN ROAD SAUK CENTRE MN 56378 34803106 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. 88 85 203 328 1691183 515072 0 0 20227592 21703436 425650 348299 12099677 12748288 32752919 34800023 0 92094 0 0 18231752 19447850 0 0 0 13530627 14184229 31762379 33724173 990540 1075850 89446736 100476445 17435183 17991616 72011553 82484829 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.INFORMATION CENTER-ICBA INFORMATION CENTER IS THE INDUSTRY INFORMATION RESOURCE FOR ICBA MEMBERS, PROVIDING FREE ACCESS TO COMPREHENSIVE, CUSTOMIZED RESEARCH, READY REFERENCE, FAST ANSWERS AND DOCUMENT RETRIEVAL AND DELIVERY.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 0 1 1 1 1 0 0 0 1 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 125 0 203 1 1 1 0 0 0 1 1 0 X 88 85 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 WAYNE A COTTLE 1.00 X X 2500 0 0 SALVATORE MARRANCA 1.00 X X 30531 0 72 CYNTHIA BLANKENSHIP 1.00 X X 15870 0 0 R MICHAEL MENZIES SR 1.00 X X 5929 0 72 JAMES D MACPHEE 1.00 X X 26850 0 72 CAMDEN R FINE 40.00 X X 1058912 0 191203 JEFFREY L GERHART 1.00 X X 33050 0 72 JACK HARTINGS 1.00 X X 5842 0 0 WILLIAM A LOVING JR 1.00 X X 19309 0 0 STEVEN GARDNER 1.00 X X 3897 0 0 GREGORY M MARTINSON 40.00 X 199845 0 238192 LESTER D NORTH 40.00 X 175867 0 132028 PAUL C MCGUIRE 40.00 X 207171 0 167200 PATRICIA M HOPKINS 40.00 X 464138 0 120018 MARK A RAITOR 40.00 X 416233 0 270203 GARY C TEAGNO 40.00 X 473072 0 270271 KAREN M THOMAS 40.00 X 443046 0 308852 TERRY JORDE 40.00 X 313452 0 37253 PAUL G MERSKI 40.00 X 281033 0 195203 STEPHEN K VERDIER 40.00 X 256520 0 161794 DAVID HAITHCOCK 40.00 X 237686 0 100148 VIVECA WARE 40.00 X 167623 0 196713 MARK SCANLAN 40.00 X 160157 0 176047 4998533 0 2565413 14 0 1 0 TR RUPLI & ASSOCIATES INC 7311 LINGANORE COURT MCLEAN VA 22102 CONSULTING 584885 SNR DENTON US LLP 1666 K ST NW WASHINGTON DC 20036 CONSULTING 335000 GENERAL LEARNING COMMUNICATION 900 N FRANKLIN ST CHICAGO IL 60610 CREATIVE DEV MAGAZINE/PRINTING 333743 ALL COVERED 900 SKOKIE BLVD STE 200 NORTHBROOK IL 60062 NETWORK INFRASTRUCTURE SUPPORT 306479 PRG ATLANTA 15914 INDIANOLA DRIVE ROCKVILLE MD 208552103 EVENTS PRODUCTION SERVICE 304932 16 MEMBERSHIP 900099 12491037 12491037 CONVENTIONS/SEMINARS/I 900099 7680473 7680473 ADVERTISING 541800 1470658 1470658 BANK MARKETING SUPPORT 900099 58768 58768 MEMBERSHIP LISTS 812900 2500 2500 21703436 331163 331163 8251956 8251956 20219 3083 17136 17136 17136 ISN SERVICE CONTRACT 900099 4360500 218025 4142475 SPONSORSHIPS 900099 135832 135832 4496332 34800023 20247414 1691183 12861426 X 60000 32094 4289168 9768417 2749717 1854470 786078 10421 52911 89455 342189 394718 1527057 321808 3462728 497947 132647 TAXES - FEDERAL UBI TAX 175124 EDUCATION SEMINARS & PR 1859958 GOVERNMENT RELATIONS 1524672 PUBLICATIONS EXPENSE 827112 2965482 33724173 70376 53676 41189061 36633185 4416894 4075630 10185554 7330852 2838000 2854702 35543953 52663501 5388452 4195751 89446736 100476445 2137843 2368005 14016487 14568790 1280853 1054821 17435183 17991616 X 0 0 0 0 72011553 82484829 72011553 82484829 89446736 100476445 X 1075850 9397426 X X 0 1 1 X 0 0 0 0 1 11823295 5127423 75197 5202620 5561206 -358586 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 850465 612616 237849 2779203 1409423 1369780 2425476 1830938 594538 4104310 3477875 626435 2854702 52495610 C FAIRFAX COUNTRY CLUB STOCK 19621 C FIRST INTERNATIONAL TRUST ACCOUNT 148270 C 52663501 DEFERRED LEASE INCENTIVE 1054821 1054821 34800023 33724173 1075850 22757 9374669 9397426 10473276 29917419 0 29917419 4882604 4882604 34800023 28841569 0 28841569 4882604 4882604 33724173 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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. PRIOR TO DECEMBER 31, 2005, ROYALTIES RECEIVED FROM THE VARIOUS SUBSIDIARIES OF ISN WERE CONSIDERED UNRELATED BUSINESSES INCOME AND, CONSEQUENTLY, WERE SUBJECT TO INCOME TAX. DURING 2006, THE PENSION PROTECTION ACT (PPA) AMENDED CERTAIN PROVISIONS OF THE IRC SECTION 512(B), UNRELATED BUSINESS TAXABLE INCOME, THAT DEFINE WHAT PAYMENTS RECEIVED FROM CONTROLLED SUBSIDIARIES ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX. FOR THE YEARS 2008 AND 2007, ROYALTIES THAT ARE PAID BY ISN SUBSIDIARIES ARE ONLY TAXABLE TO THE EXTENT THEY ARE IN EXCESS OF THE FAIR MARKET VALUE OF THE PAYMENT. IN 2007, MANAGEMENT CONDUCTED A 482 TRANSFER PRICING STUDY AND AS A RESULT OF THAT STUDY MANAGEMENT HAS DETERMINED THAT THE ROYALTIES DO NOT EXCEED FAIR MARKET VALUE AND ARE THEREFORE, NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX. THE PROVISIONS OF THIS ACT WERE SCHEDULED TO EXPIRE AFTER 2009; FURTHER LEGISLATIVE ACTION WAS PASSED IN 2010 EXTENDING THIS TREATMENT THROUGH 2011. 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, 2011 OR 2010. 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 IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: EQUITY IN EARNINGS OF SUBSIDIARY 9,374,669. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL STMT REPORTS - ACTIVITIES NET OF EXPENSES 4,882,604. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL STMT REPORTS - ACTIVITIES NET OF EXPENSES 4,882,604. 0 0 0 0 0 0 0 0 0 0 EUROPE BUDGETARY CONTRIBUTION 12853 CHECK EUROPE EXTRAORDINARY BUDGETARY CONTRIBUTION 19241 CHECK 1 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: ICBA DOES NOT MONITOR THE USE OF THE ASSISTANCE GIVEN. 1 HABITAT FOR HUMANITY 1925 TRAYLOR BLVD ORLANDO FL 32804 592789167 501(C)(3) 10000 FUNDS PROVIDED FOR THE USE IN BUILDING HOMES. COMMUNITY BANKERS ASSOCIATION OF GEORGIA 1900 THE EXCHANGE SUITE 600 ATLANTA GA 30339 237044028 501(C)(6) 50000 FUNDS PROVIDE RELIEF FOR PROJECTS AND INITIATIVES FOR MEMBER OF THE CBA (GA BANKS). 1 1 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 HABITAT FOR HUMANITY OR COMMUNITY BANKERS ASSOCIATION OF GEORGIA. X X X X 1 1 X X X X X X 0 1 0 CAMDEN R FINE 923800 0 0 0 135112 0 166700 0 24503 0 1250115 0 0 0 GREGORY M MARTINSON 168900 0 14000 0 16945 0 222040 0 16152 0 438037 0 0 0 LESTER D NORTH 165417 0 10000 0 450 0 107525 0 24503 0 307895 0 0 0 PAUL C MCGUIRE 180000 0 26621 0 550 0 142697 0 24503 0 374371 0 0 0 PATRICIA M HOPKINS 357733 0 75000 0 31405 0 111700 0 8318 0 584156 0 0 0 MARK A RAITOR 358500 0 35000 0 22733 0 245700 0 24503 0 686436 0 0 0 GARY C TEAGNO 373000 0 75000 0 25072 0 253700 0 16571 0 743343 0 0 0 KAREN M THOMAS 384520 0 45000 0 13526 0 292700 0 16152 0 751898 0 0 0 TERRY JORDE 281250 0 25000 0 7202 0 12750 0 24503 0 350705 0 0 0 PAUL G MERSKI 249883 0 30000 0 1150 0 170700 0 24503 0 476236 0 0 0 STEPHEN K VERDIER 253667 0 0 0 2853 0 147170 0 14624 0 418314 0 0 0 DAVID HAITHCOCK 187500 0 39910 0 10276 0 75645 0 24503 0 337834 0 0 0 VIVECA WARE 153290 0 12500 0 1833 0 172300 0 24413 0 364336 0 0 0 MARK SCANLAN 150157 0 10000 0 0 0 151652 0 24395 0 336204 0 0 0 PART I, LINE 4B CAMDEN FINE, PRESIDENT/CEO, PARTICIPATES IN A NON-QUALIFIED 457(B) PLAN. HE DEFERS THE ANNUAL MAXIMUM. THE AMOUNT FOR 2011 WAS $16,500. CAMDEN FINE 2009 SPLIT DOLLAR INSURANCE PREMIUM X 635000 635000 0 1 1 CAMDEN FINE 2010 SPLIT DOLLAR INSURANCE PREMIUM X 635000 635000 0 1 1 CAMDEN FINE 2011 SPLIT DOLLAR INSURANCE PREMIUM X 635000 635000 0 1 1 1905000 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 5: NET UNREALIZED GAINS ON INVESTMENTS: 22,757. EQUITY IN EARNINGS OF SUBSIDIARY 9,374,669. TOTAL TO FORM 990, PART XI, LINE 5: 9,397,426. 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 -1350953 43696193 1.00000 ICBA SECURITIES CORPORATION 775 RIDGE LAKE BLVDSUITE 175 MEMPHIS TN 38120 061253210 SECURITIES BROKER DE ICBA SERVICES NETWORK INC C 634547 1464119 1.00000 ICBA BANCARD INC 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 521439424 SERVICES DE ICBA SERVICES NETWORK INC C 1923700 150203725 1.00000 TCM BANK NA 2701 N ROCKY POINT DRIVE SUITE 600 TAMPA FL 33607 593476606 BANKING DE ICBA BANCARD INC C 6045249 179597394 1.00000 ICBA MORTGAGE CORPORATION 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 541561970 MORTGAGE SERVICES DE ICBA SERVICES NETWORK INC C -129337 525731 1.00000 ICBA REINSURANCE COMPANY LTD 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 980196531 SERVICES AZ ICBA SERVICES NETWORK INC C 86643 7011374 1.00000 ICBA CONSOLIDATED HOLDINGS INC 1615 L STREET NW SUITE 900 WASHINGTON DC 20036 274374508 HOLDING COMPANY DE INDEPENDENT COMMUNITY BANKERS OF AMERICA C 2164822 268857538 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 ICBA SERVICES NETWORK INC P 5212650 ICBA SECURITIES CORPORATION A 961308 ICBA BANCARD INC A 1630301 TCM BANK NA A 422175 ICBA MORTGAGE CORPORATION A 7626 ICBA SECURITIES CORPORATION P 1036861 ICBA BANCARD INC P 2752680 TCM BANK NA P 3747886 ICBA MORTGAGE CORPORATION P 142623 ICBA REINSURANCE COMPANY LTD P 19922 ICBA REINSURANCE COMPANY LTD A 27452 ICBA CONSOLIDATED HOLDINGS INC P 37766 ICBA CONSOLIDATED HOLDINGS INC A 315297