2012-08-27T12:45:34-05:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2011-01-01 521295453 AMERICAN BANKRUPTCY INSTITUTE AMER 7037390800 44 CANAL CENTER PLAZA SUITE 400 ALEXANDRIA VA 223141546 KATHY SHEEHAN 7037390800 2012-08-14 1 KAREN GRIES P00078514 5712279500 2011 2016-02-24 21:20:13Z SAM GERDANO 44 CANAL CENTER PLAZA SUITE 400 ALEXANDRIA VA 223141546 15674328 0 X WWW.ABIWORLD.ORG X 1982 VA NON-PARTISAN RESEARCH AND EDUCATION ON MATTERS RELATED TO INSOLVENCY. 60 60 49 1500 965622 268366 274406 1082870 9352849 9607080 247206 318421 69569 108243 9944030 11116614 72521 357942 0 0 3555523 3778613 0 0 122505 5616022 5557873 9244066 9694428 699964 1422186 11314845 12483692 3855745 3647975 7459100 8835717 X THE AMERICAN BANKRUPTCY INSTITUTE IS THE LARGEST MULTI-DISCIPLINARY NON-PARTISAN ORGANIZATION DEDICATED TO RESEARCH AND EDUCATION ON MATTERS RELATED TO INSOLVENCY. 0 0 5300982 5385943 CONTINUING LEGAL EDUCATION AND OTHER EDUCATIONAL OFFERINGS FOR MEMBERS AND NONMEMBERS ON INSOLVENCY ISSUES AND BANKRUPTCY LAW INCLUDING: SEMINARS, WEB CONFERENCES, AND COMMITTEE MEETINGS 2068755 326716 PUBLICATION OF: PROFESSIONAL JOURNALS, LAW REVIEWS, LEGISLATIVE UPDATES, PUBLICATIONS FOR BOTH PRACTITIONERS AND THE GENERAL PUBLIC, COMMITTEE E-NEWLETTERS, WEEKLY E-UPDATES AND OTHER PUBLICATIONS. ALSO, INCLUDES THE DEVELOPMENT AND MAINTENANCE OF SEVERAL WEBSITES RELATING TO BANKRUPTCY LAW. 660991 2928799 MEMBERSHIP SERVICES PROVIDE SUPPORT SERVICES, CONTINUING EDUCATION, DISCOUNTS ON CONFERENCES AND MEETINGS AND ACCESS TO A HOST OF OTHER SERVICES IN THE FIELD OF BANKRUPTCY. 357942 357942 RESEARCH PROJECTS AND GRANTS 357942 357942 8388670 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 49 1 1 1 0 0 0 0 1 1 0 0 0 0 X 60 60 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X X X THE ORGANIZATION 7037390800 44 CANAL CENTER PLAZA SUITE 400 ALEXANDRIA VA 223141546 MELISSA KIBLER KNOLL 1.00 X X 0 0 0 ROBERT J KEACH 1.00 X X 0 0 0 GEOFFREY L BERMAN 1.00 X X 0 0 0 MARGARET HOWARD 1.00 X X 0 0 0 JAMES T MARKUS 1.00 X X 0 0 0 JEFFREY N POMERANTZ 1.00 X X 0 0 0 PATRICIA A REDMOND 1.00 X X 0 0 0 BRIAN L SHAW 1.00 X X 0 0 0 JAMES PATRICK SHEA 1.00 X X 0 0 0 LYNNETTE R WARMAN 1.00 X X 0 0 0 IAN G WILLIAMS 1.00 X X 0 0 0 REBECCA A ROOF 1.00 X X 0 0 0 RUDY J CERONE 1.00 X X 0 0 0 HON EUGENE R WEDOFF 1.00 X 0 0 0 H SLAYTON DABNEY JR 1.00 X 0 0 0 NANCY A PETERMAN 1.00 X 0 0 0 JOHN TITTLE JR 1.00 X 0 0 0 JOHN W AMES 1.00 X 0 0 0 CORINNE BALL 1.00 X 0 0 0 ALANE A BECKET 1.00 X 0 0 0 LORIE R BEERS 1.00 X 0 0 0 MICHAEL L BERNSTEIN 1.00 X 0 0 0 CR CHIP BOWLES JR 1.00 X 0 0 0 JO ANN J BRIGHTON 1.00 X 0 0 0 HOWARD BROD BROWNSTEIN 1.00 X 0 0 0 HON KEVIN J CAREY 1.00 X 0 0 0 DEBORAH A CRABBE 1.00 X 0 0 0 DOUGLAS E DEUTSCH 1.00 X 0 0 0 HON DENNIS R DOW 1.00 X 0 0 0 JONATHAN P FRIEDLAND 1.00 X 0 0 0 SCOTT F GAUTIER 1.00 X 0 0 0 HON ROBERT E GERBER 1.00 X 0 0 0 JAY M GOFFMAN 1.00 X 0 0 0 BRUCE A HARWOOD 1.00 X 0 0 0 HON JEFFREY HOPKINS 1.00 X 0 0 0 HON BARBARA J HOUSER 1.00 X 0 0 0 REGINALD W JACKSON 1.00 X 0 0 0 DENNIS LEVINE 1.00 X 0 0 0 JEAN MAESS 1.00 X 0 0 0 JEFF J MARWIL 1.00 X 0 0 0 RICHARD M METH 1.00 X 0 0 0 FRANCIS A MONACO JR 1.00 X 0 0 0 HON C RAY MULLINS 1.00 X 0 0 0 BRUCE S NATHAN 1.00 X 0 0 0 NANCY B RAPOPORT 1.00 X 0 0 0 CLAIRE ANN RESOP 1.00 X 0 0 0 HON BARRY RUSSELL 1.00 X 0 0 0 MITCH RYAN 1.00 X 0 0 0 TRACY C SANDLER 1.00 X 0 0 0 GLENN E SIEGEL 1.00 X 0 0 0 RONALD J SILVERMAN 1.00 X 0 0 0 LYNN LEWIS TRAVENNER 1.00 X 0 0 0 DEBORAH L THORNE 1.00 X 0 0 0 SHERYL L TOBY 1.00 X 0 0 0 ALBERT TOGUT 1.00 X 0 0 0 J SCOTT VICTOR 1.00 X 0 0 0 G RAY WARNER 1.00 X 0 0 0 DAVID B WHEELER 1.00 X 0 0 0 R SCOTT WILLIAMS 1.00 X 0 0 0 HON GREGG W ZIVE 1.00 X 0 0 0 SAMUEL J GERDANO 40.00 X 453384 0 67054 KATHY SHEEHAN 40.00 X 189749 0 29048 AMY QUACKENBOSS 40.00 X 180554 0 14753 JENNIFER DUGAS 40.00 X 145135 0 16103 KARIM GUIRGUIS 40.00 X 133537 0 15197 MARY KLEPPINGER 40.00 X 138400 0 9649 CHRISTOPHER THACKSTON 40.00 X 113989 0 14100 PATRICIA SADUSKY 40.00 X 111325 0 13965 1466073 0 179869 13 0 1 0 VISION CREATIVE 5598 GENERAL WASHINGTON DR ALEXANDRIA VA 22312 AUDIO/VIDEO PRODUCTION 249487 WEBMETTLE PO BOX 25707 ALEXANDRIA VA 22314 WEBSITE HOSTING 102352 2 1082870 1082870 CONFERENCE/SEMINAR 541900 5460275 5460275 MEMBERSHIP DUES 541900 2928799 2928799 PUBLICATIONS 541800 1218006 252384 965622 9607080 212534 212534 101126 101126 4663601 4557714 105887 105887 105887 ADMINISTRATION FEE 561000 7117 7117 7117 11116614 8641458 965622 426664 318342 318342 39600 39600 934542 457926 449607 27009 2390913 2136885 231023 23005 102477 92556 9670 251 141717 133614 7103 1000 208964 164292 41593 3079 4450 4450 22427 22427 3925 3925 147017 40156 106861 56303 56303 904160 757309 145819 1032 163805 76011 86152 1642 2102 2102 515469 515469 160244 158552 254 1438 120299 93715 26584 2737108 2536377 166812 33919 3331 3331 130297 13625 116672 14913 14913 MISCELLANEOUS EXPENSE 182254 182254 CREDIT CARD FEES 132391 132391 BUSINESS TAXES & FEES 119679 476 113291 5912 DIRECTOR EXPENSES 56354 56254 100 81345 1184878 -1127651 24118 9694428 8388670 1183253 122505 196757 726998 116721 129605 153290 232520 498243 286573 1275668 1077494 298555 198174 10004647 10854884 46632 54938 11314845 12483692 1029701 807764 2826044 2824869 0 15342 3855745 3647975 X 7301682 8277420 157418 558297 7459100 8835717 11314845 12483692 X 1422186 -45569 X X 0 1 1 X 0 X 2766401 2848206 3054529 3105508 4011669 15786313 5257931 6051097 5986962 6665692 5712659 29674341 8024332 8899303 9041491 9771200 9724328 45460654 0 0 0 45460654 557781 507455 611042 657183 2333461 105667 53924 67592 63633 101126 391942 8129999 9511008 9616538 10445875 10482637 48186057 0.94340 0.95390 0.00000 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: ROYALTIES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 603638 469090 134548 158541 141497 17044 513489 466907 46582 198174 DEFERRED COMPENSATION 15342 15342 11116614 9694428 1422186 -45569 -45569 1376617 11071045 -45569 -45569 11116614 0 11116614 9694428 0 9694428 0 9694428 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. THE TAX RETURNS FOR THE FISCAL YEARS ENDED 2008 THROUGH 2010 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. 1 ST JOHN'S UNIVERSITY SCHOOL OF LAW 8000 UTOPIA BLVD JAMAICA NY 11439 111630830 501(C)3 10000 SUPPORTING MOOT COURT COMPETITION FOR STUDENTS ST JOHN'S UNIVERSITY SCHOOL OF LAW 8000 UTOPIA BLVD JAMAICA NY 11439 111630830 501(C)3 20000 BANKRUPTCY MEDIATION TRAINING PROGRAM THE WHARTON SCHOOL - UNIVERSITY OF PENNSYLVANIA 2432 SHDH 3620 LOCUST WALK PHILADELPHIA PA 19104 231352685 501(C)3 10000 SUPPORTING CORP RESTRUCTURING COMPETITION FOR STUDENTS UNIVERSITY OF MAINE SCHOOL OF LAW 246 DEERING AVE PORTLAND ME 04102 016000769 501(C)3 10000 CONSUMER FEE STUDY ACBPI INC PO BOX 190422 NASHVILLE TN 37219 273234822 501(C)3 24050 LITIGATION SKILLS INSTRUCTOR TRAINING REGENTS OF THE UNIVERSITY OF CALIFORNIA BOX 951432 1125 MURPHY HALL 405 HILGARD AVE LOS ANGELES CA 90095 943067788 501(C)3 27250 BANKRUPTCY RESEARCH DATABASE 5 SCHOLARSHIP 2 39600 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTS REQUIRE MONITORING TO ASSURE THAT THE FUNDS GIVEN ARE BEING PROPERLY EXPENDED. DISBURSEMENTS ARE BASED UPON THE ACCURACY AND PROMPTNESS OF INFORMATION CONTAINED IN THE PERIODIC REPORTS TIMELY SUBMITTED AS REQUIRED BY THE GRANT AGREEMENT. GRANT RECIPIENTS ARE REQUIRED TO SUBMIT WRITTEN REPORTS TO THE GRANT MONITOR ON A PERIODIC BASIS AS PRESCRIBED IN THE GRANT AGREEMENT OR AS OTHERWISE REASONABLY REQUESTED BY THE GRANT MONITOR. THE PERIODIC WRITTEN REPORTS MUST DETAIL THE PROGRESS MADE, THE STANDARDS BY WHICH THE PROGRESS IS MEASURED, AND ANY DIFFICULTIES ENCOUNTERED, AND WHETHER THE DEADLINES ORIGINALLY FORECAST IN THE GRANT AGREEMENT WILL BE MET. IF PARTICULAR DOCUMENTS, ANALYSES, OR OTHER WRITTEN WORK PRODUCTS WERE TO BE PRODUCED DURING THE REPORTING PERIOD, A COPY THEREOF MUST EITHER BE ATTACHED TO THE REPORTING FORM, OR AN EXPLANATION PROVIDED AS TO WHY THE ORIGINAL DEADLINES HAVE NOT BEEN MET. IN ADDITION, THE REPORT MUST CONTAIN A DETAILED STATEMENT OF EXPENDITURES, BY CATEGORY, DURING THE REPORTING PERIOD, AND A STATEMENT OF FUNDS REMAINING IN THE GRANT. PERIODIC WRITTEN REPORTS MAY BE REQUIRED TO CONTAIN SUCH OTHER ADDITIONAL INFORMATION AS THE RESEARCH GRANTS COMMITTEE MAY SPECIFY IN ITS GRANT AGREEMENT. COPIES OF THE PERIODIC REPORTS (OR, IN THE DISCRETION OF THE RESEARCH GRANTS COMMITTEE, SUMMARIES THEREOF) SHALL BE FURNISHED TO THE MEMBERS OF THE RESEARCH GRANTS COMMITTEE BY THE GRANT MONITOR. THE RESEARCH GRANTS COMMITTEE MAY, UPON MAJORITY VOTE, AS IT DEEMS FIT, SET MORE FREQUENT OR MORE DETAILED REPORTING REQUIREMENTS FOR A GIVEN GRANT RECIPIENT THAN FOR OTHER RECIPIENTS. PAYMENT OF GRANTS WILL BE AS SET FORTH IN THE GRANT AGREEMENT AND REVIEWED ON A QUARTERLY BASIS IN ACCORDANCE WITH THE PROPOSED SCHEDULE OF ACTIVITIES AND EXPENDITURES AS SET FORT IN THE GRANT AGREEMENT, AS IT MAY BE MODIFIED. X X X X X 0 1 0 0 0 0 0 0 0 SAMUEL J GERDANO 369260 0 67000 0 17124 0 31532 0 35522 0 520438 0 0 0 KATHY SHEEHAN 189749 0 0 0 0 0 16190 0 12858 0 218797 0 0 0 AMY QUACKENBOSS 180554 0 0 0 0 0 6843 0 7910 0 195307 0 0 0 JENNIFER DUGAS 145135 0 0 0 0 0 8193 0 7910 0 161238 0 0 0 PART I, LINE 4B SAMUEL J. GERDANO - THE 457(F) PLAN. $15,432 -- FUNDED AS PER PLAN DOCUMENTS/GUIDELINES. FORM 990, PART VI, SECTION A, LINE 1 THE ORGANIZATION HAS AN EXECUTIVE COMMITTEE WHICH CONSISTS OF A SUBSET OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS AUTHORIZED TO ACT IN MATTERS REQUIRING ATTENTION BETWEEN REGULARLY SCHEDULED MEETINGS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE GROUPED AS REGULAR, GOVERNMENT/PROFESSOR/NON-PROFIT AND STUDENT. MEMBERS DUES VARY BASED UPON THESE CLASSES BUT EACH HAS THE SAME BENEFITS AND STATUS. FORM 990, PART VI, SECTION B, LINE 11 THE TAX RETURN IS PREPARED BY THE ORGANIZATION'S ACCOUNTING FIRM. FIRST, IT IS REVIEWED BY THE CFO AND THE ACCOUNTING MANAGER. AFTER A FINAL DRAFT HAS BEEN PRODUCED, THE DOCUMENT IS REVIEWED BY THE FINANCE COMMITTEE; THE FINANCE COMMITTEE HAS THE OPPORTUNITY TO DISCUSS EITHER BY EMAIL OR BY PHONE. WHEN THE FINANCE COMMITTEE IS SATISFIED WTIH THE DRAFT, IT WILL RECOMMEND TO THE BOARD TO ACCEPT THE DRAFT AS FINAL. THE FULL BOARD OF DIRECTORS ARE GIVEN THE OPPORTUNITY TO ASK QUESTIONS OR SUGGEST CHANGES BEFORE THE FINAL DRAFT IS SENT TO THE IRS. THE CFO PROVIDES BOTH GROUPS WITH A DOCUMENT THAT HELPS THEM IDENTIFY KEY ITEMS AS WELL AS RECONCILE THE 990 TO THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE AMERICAN BANKRUPTCY INSTITUTE (ABI) HAS A WRITTEN CONFLICT OF INTEREST POLICY WHICH IT GIVES TO ALL MEMBERS OF THE BOARD OF DIRECTORS. THE DIRECTORS ARE REQUIRED TO SIGN A FORM DISCLOSING ANY CONFLICTS AND ACKNOWLEDGING THAT THEY HAVE READ AND UNDERSTOOD THE POLICY. THE CFO TRACKS THE SUBMISSION OF THESE FORMS TO INSURE THAT ALL MEMBERS OF THE BOARD HAVE SIGNED THE FORM. THE FORM IS DISTRIBUTED TO NEW MEMBERS OF THE BOARD WHEN THEY JOIN AND ANNUALLY TO ALL MEMBERS OF THE BOARD. CURRENTLY, THERE ARE NO DISCLOSED OR KNOWN CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE ABI HAS A COMPENSATION COMMITTEE WHICH REVIEWS THE EXECUTIVE DIRECTOR'S SALARY AND COMPARES IT TO INDUSTRY AVERAGES. METHODS OF COMPENSATION RESEARCH INCLUDE (BUT ARE NOT LIMITED TO) COMPENSATION SURVEYS AND STUDIES. THE ED SALARIES AND BONUS ARE RECOMMENDED BY THE COMPENSATION COMMITTEE AND APPROVED BY THE EXECUTIVE COMMITTEE. THE ED HAS A WRITTEN EMPLOYMENT CONTRACT. OTHER STAFF MEMBERS' SALARIES ARE DETERMINED BY THE EXECUTIVE DIRECTOR BASED UPON PERFORMANCE AND SUBJECT TO BUDGETARY RESTRICTIONS. THE EXECUTIVE DIRECTOR ALSO USES INDUSTRY AVERAGES, COMPENSATION SURVEYS AND STUDIES. OTHER STAFF MEMBERS' SALARIES ARE DETERMINED BY THE EXECUTIVE DIRECTOR BASED UPON PERFORMANCE AND SUBJECT TO BUDGETARY RESTRICTIONS. THE EXECUTIVE DIRECTOR ALSO USES INDUSTRY AVERAGES, COMPENSATION SURVEYS AND STUDIES. THE PROCESS FOR ALL INDIVIDUALS WAS LAST UNDERTAKEN IN 2011. FORM 990, PART VI, SECTION C, LINE 19 ABI'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE POSTED ON THE ORGANIZATION'S WEBSITE (WWW.ABIWORLD.ORG) AND DISTRIBUTED TO MEMBERS OF THE BOARD OF DIRECTORS. THE FORM 990 IS POSTED ON GUIDESTAR.COM. WRITTEN COPIES ARE ALSO AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -45,569. FORM 990, PART XI, LINE 2C THE OVERSIGHT PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.