2011-11-15T10:43:23-06:00 2010-12-31 RSM MCGLADREY INC PO BOX 159 SPRINGFIELD IL 627050159 990 2010-01-01 364271815 IBAAIB FINANCIAL EDUCATION SERVICES IBAA 2177899340 524 S 2ND STREET NO 600 SPRINGFIELD IL 62701 LINDA KOCH 2177899340 2011-11-09 1 GEORGE WEBER 2175223000 2010 2016-03-07 17:11:31Z LINDA KOCH 524 S 2ND STREET NO 600 SPRINGFIELD IL 62701 931461 0 X N/A X 1999 IL ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO SPONSOR EDUCATION PROGRAMS THAT WILL IMPROVE THE SKILLS OF EMPLOYEES OF COMMERCIAL BANKS, SAVINGS & LOANS, OTHER FINANCIAL INSTITUTIONS AND INTERESTED PARTIES. 1 0 7 7 0 0 0 0 978755 931461 0 0 0 0 978755 931461 0 0 0 0 7091 1883 0 0 0 1288721 999020 1295812 1000903 -317057 -69442 116225 151609 973452 1078278 -857227 -926669 X TO PROVIDE EDUCATION THAT WILL IMPROVE THE SKILLS OF EMPLOYEES OF COMMERCIAL BANKS, SAVINGS & LOANS AND OTHER FINANCIAL INSTITUTIONS AND INTERESTED PARTIES 0 0 118488 206921 FULL AND 1/2 DAY SEMINARS HELD THROUGHOUT THE STATE FOR ALL LEVELS OF BANK EMPLOYEES AND BANK DIRECTORS. DURING THE YEAR THERE WERE 22 TOPICS OFFERED IN VARYING LOCATIONS OVER 43 TIMES TO NEARLY 500 ILLINOIS BANKS AND SAVINGS INSTITUTIONS. 78060 172191 SELF-STUDY AND ONLINE CLASSES ON A VARIETY OF TOPICS ARE OFFERED TO ILLINOIS FINANCIAL INSTITUTIONS ON AN ONGOING BASIS. THERE ARE VIRTUALLY HUNDREDS OF COURSE COMBINATIONS THROUGH THESE DELIVERY METHODS OFFERED TO THE INDUSTRY. 153401 309442 ANNUAL CONFERENCE AND TRADE SHOW AND FUNCTIONS HELD IN JUNE ANNUALLY. THE ANNUAL CONFERENCE BRINGS TOGETHER BANKERS, DIRECTORS AND OTHER INTERESTED PARTIES TO PROVIDE BANKERS WITH NUMEROUS EDUCATIONAL OFFERINGS, WHILE PROVIDING AN OPPORTUNITY TO NETWORK WITH THEIR PEERS AND OTHER BUSINESS ASSOCIATES TO EXCHANGE IDEAS AND FOSTER GROWTH IN THE FINANCIAL INDUSTRY. ATTENDEES INCLUDE BANKERS, SPOUSES, EXHIBITORS, STAFF AND SPEAKERS. 154752 242907 VARIOUS OTHER SMALL PROGRAMS 154752 242907 504701 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 12 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 1 0 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X MARK BENNETT 2177899340 524 S 2ND STREET SPRINGFIELD IL 62701 KEVIN ROGERS 1.00 X 0 0 0 DARRELL JACKSON 1.00 X 0 0 0 MARTY DAVIS 1.00 X 0 0 0 R KENT REDFERN 1.00 X 0 0 0 JAMES ROOLF 1.00 X 0 0 0 LINDA KOCH 40.00 X 0 213199 19759 CHARIE ZANCK 1.00 X 0 0 0 THOMAS HOUGH 1.00 X 0 0 0 0 213199 19759 0 0 1 0 0 CONVENTION INCOME 541900 309442 309442 SPECIAL PROGRAMS 541900 241392 241392 SEMINAR INCOME 541900 206921 206921 COURSE INCOME 541900 172191 172191 MISCELLANEOUS INCOME 541900 1515 1515 931461 931461 931461 0 0 1520 1520 363 363 463132 463132 3000 3000 1000 1000 1572 1572 105733 95823 9910 1252 1252 343624 343624 17908 17908 PRODUCT COSTS 35808 35808 STAFF TRAINING & DEVELO 22927 22927 LICENSE & FEES 1829 1829 REPAIRS & MAINTENANCE 23 23 1212 1212 1000903 504701 496202 0 -21800 -6221 58983 68670 23368 39657 120382 71441 54977 48941 697 562 116225 151609 958992 1048404 14460 29874 973452 1078278 X -857227 -926669 -857227 -926669 116225 151609 -69442 0 X X 0 1 1 X 0 X 76308 76308 1047302 1533337 1441702 978755 931461 5932557 1047302 1533337 1518010 978755 931461 6008865 0 0 0 6008865 1047302 1533337 1518010 978755 931461 6008865 1.00000 1.00000 0.00000 X 120382 71441 48941 48941 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. 0 0 0 0 0 0 0 0 0 LINDA KOCH 0 200850 0 10000 0 2349 0 12051 0 7708 0 232958 0 0 SUPPLEMENTAL INFORMATION PART III ORGANIZATION DOES NOT PAY TOP MANAGEMENT OFFICER. OFFICER IS PAID THROUGH RELATED ORGANIZATION (PARENT) AND RELIES ON ITS PROCEDURES FOR COMPENSATION. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A SERVICE AGREEMENT WITH ITS SOLE MEMBER AND PARENT, THE ILLINOIS BANKERS ASSOCIATION, TO PROVIDE FOR ITS DAY-TO-DAY OPERATIONAL FUNCTIONS. THE PARENT PERFORMS THESE SERVICES AND CHARGES THE ORGANIZATION THE COSTS INCURRED FOR THOSE SERVICES AS A MANAGEMENT FEE THAT IS REFLECTED IN SCHEDULE R. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE SOLE MEMBER, WHICH IS THE ILLINOIS BANKERS ASSOCIATION, ITS PARENT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER HAS THE DUTY TO ELECT THE GOVERNING BODY ON A YEARLY BASIS ACCORDING TO THE BYLAWS OF THE ORGANIZATION. THE BYLAWS GRANT THE MEMBER THE ABILITY TO CALL SPECIAL MEETINGS, CHANGE THE DATE AND PLACE OF THE ANNUAL MEETING, AND REMOVE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED UTILIZING AN OUTSIDE PAID TAX CONSULTANT WITH THE ASSISTANCE OF INTERNAL STAFF. ONCE THE COMPLETED RETURN IS RECEIVED, IT IS REVIEWED BY THE STAFF, INCLUDING THE PRESIDENT OF THE ORGANIZATION. THE 990 IS THEN EMAILED TO ALL BOARD MEMBERS AND SUBSEQUENTLY IS SIGNED BY THE PRESIDENT AND FORWARDED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C FORM 990, PART VI, SECTION B, LINE 12, 13 & 14: THE ORGANIZATION HAS A SERVICE AGREEMENT WITH ITS PARENT COMPANY, ITS SOLE MEMBER, WHICH MONITORS THESE POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS NO PAID OFFICERS OR DIRECTORS, AND PURSUANT TO THE SERVICE AGREEMENT WITH ITS PARENT COMPANY, EMPLOYEES OF THE PARENT COMPANY ARE PAID BY THE PARENT ORGANIZATION, WHICH HAS THE APPROPRIATE PROCESSES IN PLACE, INCLUDING INDEPENDENT REVIEW, RELEVANT DATA PROVIDED, AND APPROPRIATE DOCUMENTATION MAINTAINED IN THE PERSONNEL FILES. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MAINTAINED IN THE ORGANIZATION'S MAIN OFFICE IN SPRINGFIELD, ILLINOIS. DOCUMENTS THAT, BY LAW, ARE REQUIRED TO BE AVAILABLE FOR PUBLIC INSPECTION ARE AVAILABLE THERE DURING NORMAL BUSINESS HOURS. DOCUMENTS SUCH AS THE BOARD POLICIES AND AUDITED FINANCIAL STATEMENTS ARE PROPRIETARY TO THE ORGANIZATION'S MEMBER AND ARE NOT MADE AVAILABLE TO THE PUBLIC. SELECTION PROCESS FOR INDEPENDENT ACCOUNTANT AND OVERSIGHT OF AUDIT FORM 990, PAGE 12, PART XII, LINE 2C THE SELECTION PROCESS FOR AN INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE AUDIT HAVE NOT CHANGED FROM THE PRIOR YEAR. ILLINOIS BANKERS ASSOCIATION 524 S 2ND STREET SUITE 600 SPRINGFIELD IL 62701 363215107 MEMBER ORGANIZATION TO PROMOTE THE BANKING INDUSTRY IL 501(C)(6) N/A N/A 0 ILLINOIS BANKERS ASSOCIATION PAC 524 S 2ND STREET SUITE 600 SPRINGFIELD IL 62701 363308389 POLITICAL ACTION COMMITTEE IL 527 N/A N/A 1 ILLINOIS BANKSERVICE CORPORATION 524 S 2ND STREET SUITE 600 SPRINGFIELD IL 62701 363498854 BUSINESS SERVICES IL N/A C 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 ILLINOIS BANKERS ASSOCIATION M 463132