BANK POLICY INSTITUTE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BANK POLICY INSTITUTE (EIN 36-0753125)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-09-30
- IRS object ID
- 201132739349300428
- Schema version
- 2010v3.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-09-30T20:51:24-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rogers & Company PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8300 Boone Boulevard Suite 600 | AddressLine1 |
| City | Vienna | City |
| State | VA | State |
| ZIP Code | 22182 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 360753125 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Financial Services Roundtable | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FINA | NameControl |
| Phone | 2022894322 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 Pennsylvania Ave NW No 500S | AddressLine1 |
| City | Washington | City |
| State | DC | State |
| ZIP Code | 20004 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Steve Bartlett | Name |
| Title | President & CEO | Title |
| Phone | 2022894322 | Phone |
| Date Signed | 2011-09-30 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Nicole Simon CPA | Name |
| Phone | 7038930300 | Phone |
| Date Prepared | 2011-09-30 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Steve Bartlett | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 Pennsylvania Ave NW No 500S | AddressLine1 |
| City | Washington | City |
| State | DC | State |
| ZIP Code | 20004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 22176264 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.fsround.org | WebSite |
| Type Of Organization Association | X | TypeOfOrganizationAssociation |
| Year Formation | 1994 | YearFormation |
| State Legal Domicile | DC | StateLegalDomicile |
| Activity Or Mission Description | Promotes the business of banking and financial services and encourages the development of sound banking and financial policies and practices. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 28 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 53 | TotalNbrEmployees |
| Total Nbr Volunteers | 23 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2339660 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 522000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 16900960 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 21516616 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 89852 | InvestmentIncomePriorYear |
| Investment Income Current Year | 76907 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1383545 | OtherRevenuePriorYear |
| Other Revenue Current Year | 60741 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 20714017 | TotalRevenuePriorYear |
| Total Revenue Current Year | 22176264 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 9719956 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 10467988 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11022977 | OtherExpensePriorYear |
| Other Expenses Current Year | 13665627 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 20742933 | TotalExpensesPriorYear |
| Total Expenses Current Year | 24133615 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -28916 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1957351 | RevenuesLessExpensesCY |
| Total Assets BOY | 12426655 | TotalAssetsBOY |
| Total Assets EOY | 16469348 | TotalAssetsEOY |
| Total Liabilities BOY | 6302372 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10629121 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 6124283 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 5840227 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Promotes the business of banking and financial services and encourages the development of sound banking and financial policies and practices. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | Identifies impacts of pending legislation and regulation affecting the financial services industry and develops and advocates solutions to major policy concerns. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | The Anthony T. Cluff Research Fund was established for the purpose of researching issues impacting financial service interests and of concern to members. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | BITS addresses issues at the intersection of financial services, technology and public policy, where industry cooperation serves the public good, such as critical infrastructure protection, fraud prevention, and the safety of financial services. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | The Housing Policy Council Fund was established for the purpose to determine and influence the most critical public policy issues that shape a vibrant and competitive mortgage and housing marketplace. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 1 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 75 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 53 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 28 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | DC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Richard M Whiting | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2022894322 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 Pennsylvania Ave NW 500S | AddressLine1 |
| City | Washington | City |
| State | DC | State |
| ZIP Code | 20004 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (38 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Richard K Davis | ||||||||
| Chairman | 1.00 | X | X | 0 | 0 | 0 | ||
| James E Rohr | ||||||||
| Chairman-Elect | 1.00 | X | X | 0 | 0 | 0 | ||
| Christopher M Condron | ||||||||
| Immediate-Past Chairman | 1.00 | X | X | 0 | 0 | 0 | ||
| James M Wells III | ||||||||
| BITS Chairman | 1.00 | X | X | 0 | 0 | 0 | ||
| Robert P Kelly | ||||||||
| Treasurer | 1.00 | X | X | 0 | 0 | 0 | ||
| Thomas A James | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| John G Stumpf | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| James M Cracchiolo | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Edmund F Kelly | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Joseph W Saunders | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Laurence D Fink | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Kelly S King | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Aubrey B Patterson | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| J Michael Shepherd | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Frederick H Waddell | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Ellen Alemany | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Richard L Carrion | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Larry Zimpleman | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Thomas J Wilson | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Robert Wolf | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Masaaki Tanaka | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Thomas J McInerney | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Robert W Selander | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Russell Goldsmith | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| George Borst | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Mark Fetting | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Richard E Anthony | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| John J Degnan | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Steve Bartlett | ||||||||
| President & CEO | 55.00 | X | 1755400 | 0 | 51694 | |||
| Richard M Whiting | ||||||||
| Executive Director | 55.00 | X | 735449 | 0 | 51694 | |||
| John Dalton | ||||||||
| President, Housing Policy | 55.00 | 946584 | 0 | 72482 | X | |||
| Leigh Williams | ||||||||
| BITS President | 55.00 | 904128 | 0 | 53298 | X | |||
| Peter Ludgin | ||||||||
| Executive Director-AFC | 55.00 | 207227 | 0 | 48371 | X | |||
| Scott Talbott | ||||||||
| Senior VP of Government Af | 55.00 | 421049 | 0 | 54613 | X | |||
| Paul Smocer | ||||||||
| BITS-Vice President, Secur | 55.00 | 285293 | 0 | 26800 | X | |||
| Paul Leonard | ||||||||
| VP of Government Affairs, | 55.00 | 287604 | 0 | 55609 | X | |||
| Daniel Schutzer | ||||||||
| Chief Technology Officer | 55.00 | 253556 | 0 | 15018 | X | |||
| John Fricke | ||||||||
| Initiative Executive | 55.00 | 175304 | 0 | 8119 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5971594 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 437698 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Barnett Sivon & Natter PC | |||||
| 1155 15th Street NW Ste 1500 | Washington | DC | 20005 | Consulting | 619107 |
| Maslansky Luntz Partners | |||||
| 200 Varick Street Suite 600 | New York | NY | 10014 | Consulting | 562152 |
| Adrian Harpool Associates | |||||
| 1820 Madison Avenue | Baltimore | MD | 21217 | Radio Advertisement | 263128 |
| Breaux Lott Leadership Group | |||||
| 607 14th Street NW Suite 520 | Washington | DC | 20005 | Consulting | 240000 |
| Gregory P Wilson Consulting | |||||
| PO Box 239 | Great Falls | VA | 22066 | FSIC Consulting | 171828 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
| All Other Contributions | 522000 | AllOtherContributions |
| Total Contributions | 522000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Membership dues | 900099 | 15390522 | 15390522 |
| Changing the dialogue | 900099 | 2418431 | 2418431 |
| Coalition income | 900099 | 1888283 | 1888283 |
| Meetings & conferences | 900099 | 808049 | 808049 |
| Community Service | 900099 | 535000 | 535000 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 476331 | TotalRevenueColumn |
| Related Or Exempt Function Income | 476331 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 21516616 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 76907 | TotalRevenueColumn |
| Exclusion | $76,907 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Other income | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 60741 | TotalRevenueColumn |
| Related Or Exempt Function Income | 60741 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 60741 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 22176264 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21577357 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $76,907 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4826327 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4551472 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 311326 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 397637 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 381226 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 165884 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21930 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1816427 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 361782 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 169571 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1132501 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 340055 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1368622 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 248852 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69536 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| Changing the Dialogue | 4999491 |
| Coalition expenditures | 1782042 |
| Hope Now outreach | 508490 |
| Agents for Change | 403386 |
| Community service | 277058 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24133615 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7943519 | BOY |
| EOY | 5737342 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1770506 | BOY |
| EOY | 3820244 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 141713 | BOY |
| EOY | 2880647 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105957 | BOY |
| EOY | 91196 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2967325 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2297449 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 868881 | BOY |
| EOY | 669876 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1334721 | BOY |
| EOY | 1417882 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 261358 | BOY |
| EOY | 1852161 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12426655 | BOY |
| EOY | 16469348 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3290091 | BOY |
| EOY | 3008061 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1689240 | BOY |
| EOY | 6858892 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1323041 | BOY |
| EOY | 762168 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6302372 | BOY |
| EOY | 10629121 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6124283 | BOY |
| EOY | 5840227 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6124283 | BOY |
| EOY | 5840227 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12426655 | BOY |
| EOY | 16469348 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1957351 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1673295 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nondeduct | 0 | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | 0 | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | 0 | AgreeToCarryoverPriorYear |
| Dues Assessments | 15390522 | DuesAssessments |
| Non Ded Lobby Political Current | 7060000 | NonDedLobbyPoliticalCurrent |
| Non Ded Lobby Political Total | 7060000 | NonDedLobbyPoliticalTotal |
| Aggr Amt Reported In Dues Notices | 7800000 | AggrAmtReportedInDuesNotices |
| Taxable | -$740,000 | TaxableAmount |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1834431 | OtherCostOrOtherBasis |
| Depreciation | 1205387 | Depreciation |
| Book Value | 629044 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1132894 | OtherCostOrOtherBasis |
| Depreciation | 1092062 | Depreciation |
| Book Value | 40832 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 669876 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Deposits | 161517 |
| Assets held under deferred compensation plan | 115808 |
| Due from ITAC | 51111 |
| Prepaid pension asset | 1523725 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 1852161 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Refundable advances | $630,970 |
| Deferred rent | $131,198 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 762168 | TotalOfAmounts |
| Total Revenue | 22176264 | TotalRevenue |
| Total Expenses | 24133615 | TotalExpenses |
| Excess Or Deficit For Year | -1957351 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -10498 | NetUnrealizedGLOnInvestments |
| Other | $1,683,793 | OtherAmount |
| Total Adjustments | 1673295 | TotalAdjustments |
| Excess Or Deficit Per FS | -284056 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 22165766 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -10498 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -10498 | RevenueNotRptdF990 |
| Revenue Subtotal | 22176264 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 22176264 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 24133615 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 24133615 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 24133615 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Uncertain Tax Positions Under FIN 48: | Part X: | The Roundtable had no uncertain tax positions during the year ended December 31, 2010. |
| Part XI, Line 8 - Other Adjustments: | Change in benefit plan obligation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Steve Bartlett | |||||||||||||
| 1005400 | 0 | 750000 | 0 | 0 | 0 | 34300 | 0 | 17394 | 0 | 1807094 | 0 | 0 | 0 |
| Richard M Whiting | |||||||||||||
| 635449 | 0 | 100000 | 0 | 0 | 0 | 34300 | 0 | 17394 | 0 | 787143 | 0 | 0 | 0 |
| John Dalton | |||||||||||||
| 695718 | 0 | 250866 | 0 | 0 | 0 | 34300 | 0 | 38182 | 0 | 1019066 | 0 | 0 | 0 |
| Leigh Williams | |||||||||||||
| 472807 | 0 | 431321 | 0 | 0 | 0 | 34300 | 0 | 18998 | 0 | 957426 | 0 | 0 | 0 |
| Peter Ludgin | |||||||||||||
| 182227 | 0 | 25000 | 0 | 0 | 0 | 28058 | 0 | 20313 | 0 | 255598 | 0 | 0 | 0 |
| Scott Talbott | |||||||||||||
| 321049 | 0 | 100000 | 0 | 0 | 0 | 34300 | 0 | 20313 | 0 | 475662 | 0 | 0 | 0 |
| Paul Smocer | |||||||||||||
| 205293 | 0 | 80000 | 0 | 0 | 0 | 26800 | 0 | 0 | 0 | 312093 | 0 | 0 | 0 |
| Paul Leonard | |||||||||||||
| 273604 | 0 | 14000 | 0 | 0 | 0 | 34300 | 0 | 21309 | 0 | 343213 | 0 | 0 | 0 |
| Daniel Schutzer | |||||||||||||
| 213556 | 0 | 40000 | 0 | 0 | 0 | 15018 | 0 | 0 | 0 | 268574 | 0 | 0 | 0 |
| John Fricke | |||||||||||||
| 155304 | 0 | 20000 | 0 | 0 | 0 | 8119 | 0 | 0 | 0 | 183423 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | Social club memberships are provided to Scott Talbott and John Dalton, primarly for business uses. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 6 | The Roundtable's membership is reserved for for-profit companies delivering integrated financial services within the United States. The Roundtable's Nominating Committee, comprised of representatives of the membership, has the authority to nominate Board members for election. | |
| Form 990, Part VI, Section A, line 7a | The Roundtable's directors are elected by the membership. | |
| Form 990, Part VI, Section A, line 7b | Any amendments to the Roundtable's Bylaws are required to be approved by the membership. | |
| Form 990, Part VI, Section B, line 11 | The 990 is prepared by the Roundtable's outside auditors. It is then reviewed by the CFO, the CEO, and the Audit and Finance Committee. The return will be distributed to the Board of Directors prior to filing. | |
| The conflict of interest policy is distributed to directors, officers, executive employees, and key employees for self-disclosure. It must be signed and returned to the organization, where it is kept on file. Individuals are required to report any conflicts to the Board, which will take the appropriate actions. | Form 990, Part VI, Section B, line 12c | |
| An annual salary survey is prepared by the Roundtable's outside auditors using data gleaned from comparable trade associations. The survey is reviewed by the Chairman and the Compensation Committee who then decide on a compensation amount. The decision is documented and a copy is retained in the personnel file. | Form 990, Part VI, Section B, line 15 | |
| Only the Organization's financial statements are available to the public. They are included in the annual report and are posted on the organization's website. | Form 990, Part VI, Section C, line 19 | |
| Changes in Net Assets or Fund Balances: | Net unrealized losses on investments: -10,498. Change in benefit plan obligation 1,683,793. Total to Form 990, Part XI, Line 5: 1,673,295. | Form 990, Part XI, line 5: |
| The Roundtable's Audit Committee assumes responsibility and oversight of the audit. | Form 990, Part XII, Line 2c: |
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