2011-08-12T07:22:37-05:00 2010-12-31 LARSONALLEN LLP 2900 SOUTH QUINCY ST SUITE 150 ARLINGTON VA 22206 990 2010-01-01 521295453 AMERICAN BANKRUPTCY INSTITUTE AMER 7037390800 44 CANAL CENTER PLAZA SUITE 400 ALEXANDRIA VA 223141546 KATHY SHEEHAN 7037390800 2011-07-28 1 NATHANIEL BARTHOLOMEW 7039985100 2010 2016-02-24 21:20:13Z SAM GERDANO 44 CANAL CENTER PLAZA SUITE 400 ALEXANDRIA VA 223141546 14642827 0 X WWW.ABIWORLD.ORG X 1982 VA THE AMERICAN BANKRUPTCY INSTITUTE IS THE LARGEST MULTI-DISCIPLINARY NON-PARTISAN ORGANIZATION DEDICATED TO RESEARCH AND EDUCATION ON MATTERS RELATED TO INSOLVENCY. 60 60 43 1500 940463 249112 204387 274406 8837104 9352849 217598 247206 67592 69569 9326681 9944030 223987 72521 0 0 3348308 3555523 0 0 92188 5285332 5616022 8857627 9244066 469054 699964 10547170 11314845 3801083 3855745 6746087 7459100 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 5012598 5364770 CONTINUING LEGAL EDUCATION AND OTHER EDUCATIONAL OFFERINGS FOR MEMBERS AND NONMEMBERS ON INSOLVENCY ISSUES AND BANKRUPTCY LAW INCLUDING: SEMINARS, WEB CONFERENCES, AND COMMITTEE MEETINGS 1938414 205379 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. 638507 2842237 MEMBERSHIP SERVICES PROVIDE SUPPORT SERVICES, CONTINUING EDUCATION, DISCOUNTS ON CONFERENCES AND MEETINGS AND ACCESS TO A HOST OF OTHER SERVIES IN THE FIELD OF BANKRUPTCY. 272628 RESEARCH PROJECTS AND GRANTS 272628 7862147 1 1 0 0 0 0 0 0 0 1 1 0 0 0 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 38 0 1 43 1 1 1 0 0 0 0 0 0 0 X 60 60 1 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 JOHN W AMES 1.00 X X 0 0 0 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 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 REGINALD W JACKSON 1.00 X 0 0 0 NANCY A PETERMAN 1.00 X 0 0 0 JEFFREY N POMERANTZ 1.00 X 0 0 0 JOHN TITTLE JR 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 DEBORAH A CRABBE 1.00 X 0 0 0 H SLAYTON DABNEY JR 1.00 X 0 0 0 WILLIAM Q DERROUGH 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 HON JOAN N FEENY 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 BRUCE A HARWOOD 1.00 X 0 0 0 HON JEFFREY HOPKINS 1.00 X 0 0 0 DENNIS LEVINE 1.00 X 0 0 0 JEAN MAESS 1.00 X 0 0 0 DEIRDRE A MARTINI 1.00 X 0 0 0 JEFF J MARWIL 1.00 X 0 0 0 JOSEFINA FERNANDEZ MCEVOY 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 TRACY C SANDLER 1.00 X 0 0 0 GLENN E SIEGEL 1.00 X 0 0 0 HON WESLEY W STEEN 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 HON EUGENE R WEDOFF 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 X 464439 0 105065 KATHY SHEEHAN 40.00 X X 180000 0 22382 JENNIFER DUGAS 40.00 X 127070 0 14122 MARY KLEPPINGER 40.00 X 128500 0 8636 KARIM GUIRGUIS 40.00 X 115500 0 14144 CAROLYN KANON 40.00 X 108000 0 13905 PATRICIA SADUSKY 40.00 X 105542 0 13831 FELICIA TURNER 40.00 X 152350 0 26264 1381401 0 218349 8 1 1 0 0 274406 274406 CONFERENCE/SEMINAR 541900 5364770 5364770 MEMBERSHIP DUES 541900 2842237 2842237 PUBLICATIONS 541800 1145842 205379 940463 9352849 232020 232020 63633 63633 4713983 4698797 15186 15186 15186 ADMINISTRATION FEE 561000 5936 5936 5936 9944030 8412386 940463 316775 45021 45021 27500 27500 907152 447512 431663 27977 2173161 1839309 320409 13443 83249 76247 7181 -179 196699 125474 72071 -846 195262 156405 37295 1562 24461 24461 54378 54378 2971 2971 113984 56700 57284 47068 47068 932938 776651 155196 1091 168673 75759 91447 1467 3400 3400 492680 492680 150663 150237 181 245 2846432 2666138 156471 23823 2841 2841 158191 21187 137004 16866 16866 CREDIT CARD FEES 150472 150472 BUSINESS TAXES & FEES 108997 1448 103358 4191 BAD DEBT 17259 11896 5363 ALLOCATION OF OVERHEAD 0 1088891 -1101401 12510 RESIDENT SCHOLAR ALLOCA 0 132060 -132060 323748 160312 161895 1541 9244066 7862147 1289731 92188 313091 196757 168453 116721 197478 153290 374389 498243 1263313 964758 456426 298555 8990701 10004647 46632 46632 10547170 11314845 1159534 1029701 2641549 2826044 3801083 3855745 X 6547181 7301682 198906 157418 6746087 7459100 10547170 11314845 X 699964 13049 X X 0 1 1 X 0 X 2759262 2766401 2848206 3054529 3105508 14533906 5445491 5257931 6051097 5986962 6665692 29407173 8204753 8024332 8899303 9041491 9771200 43941079 0 0 0 43941079 557781 507455 611042 1676278 155433 105667 53924 67592 63633 446249 8360186 8129999 9511008 9616538 10445875 46063606 0.95390 0.98830 0.00000 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: ROYALTIES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 603638 401816 201822 137829 125241 12588 521846 437701 84145 298555 9944030 9244066 699964 13049 13049 713013 10101064 13049 143985 157034 9944030 0 9944030 9388051 143985 143985 9244066 0 9244066 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 TAXEXEMPT STATUS. THE TAX RETURNS FOR THE FISCAL YEARS ENDED 2007 THROUGH 2009 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 25000 SUPPORTING MOOT COURT COMPETITION FOR STUDENTS 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 FORDHAM UNIVERSITY SCHOOL OF LAW 40 WEST 62ND STREET NEW YORK NY 10023 131740451 501(C)3 5000 CONSUMER FEE STUDY HARVARD UNIVERSITY HOLYOKE CTR 600 1350 MASS AVE CAMBRIDGE MA 01238 042103580 501(C)3 5021 RESEARCH STUDY ON PROBONO CASES 5 0 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 0 0 X 0 0 0 0 0 0 0 0 0 SAMUEL J GERDANO 381776 0 65000 0 17663 0 86195 0 18870 0 569504 0 65000 0 KATHY SHEEHAN 180000 0 0 0 0 0 9212 0 13170 0 202382 0 0 0 FELICIA TURNER 152350 0 0 0 0 0 19188 0 7076 0 178614 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MEMBERS MAY HAVE BUSINESS RELATIONSHIPS WITH OTHER MEMBERS AS THEY PRACTICE IN SAME BUSINESS AREA. NO MEMBERS HAVE BUSINESS DEALINGS THAT PRESENT A CONFLICT OF INTEREST WITH ABI. 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 (LARSONALLEN). 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 (WHICH THEY HAVE APPROVED DURING THE MONTH OF APRIL). FORM 990, PART VI, SECTION B, LINE 12C THE 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. 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 GAINS ON INVESTMENTS: 13,049. FORM 990, PART XI, LINE 2C THE OVERSIGHT PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.