philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

International Association of Conference Centers INC

Not tax-deductible

Chicago, IL501(c)(6)Community DevelopmentEIN 43-1741316Revenue $252K in FY2024

On file with the IRSiacconline.org35 E Wacker Dr Ste 850, 60601-2101 · Chicago, ILTax-exempt since Feb 2002

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The thought leader on the meeting experience representing its members by defining and promoting the iacc meeting concept and providing learning opportunities

Mission: Form 990 Part I, line 1

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $15K a year · 6% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Fine: 0.0 months of spending in cash, plus $143K in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$244K
102% of total assets
Concern: liabilities are 102% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$252K
-8% vs prior year
Spent
$249K
To programs
0%
Net assets
−$5K
By yearFY2020–FY2024
Revenue
$252K
FY2024▼ -8%
Tap a bar for its year
Revenue by fiscal year
FY2020$244K
FY2021$198K
FY2022$211K
FY2023$275K
FY2024$252K
Expenses
$249K
FY2024▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$169K
FY2021$210K
FY2022$213K
FY2023$261K
FY2024$249K
Net assets
−$5K
FY2024▲ +73%
Tap a bar for its year
Net assets by fiscal year
FY2020−$19K
FY2021−$21K
FY2022−$43K
FY2023−$18K
FY2024−$5K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
Phil Birkett
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Pieter Allaerts
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
See International Association of Conference Centers INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Defines and promotes the IACC meeting concept, offering learning opportunities for members.

Questions for International Association of Conference Centers INC

Tap to ask. International Association of Conference Centers INC sees how many people are interested.

Your first name shows with your question. International Association of Conference Centers INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2024
01

Serve members by being the global thought-leader in the meetings industry.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$252K
Ln 12
Gifts and grantsLn 1h$240K
Fees for servicesLn 2g$8K
Investment incomeLn 3$4K
Money outPt IX
$249K
Ln 25
Owns and owesPt X
−$5K
net assets · Ln 32
Cash and savingsLn 1–2$818
Total assetsLn 16$239K
LiabilitiesLn 26$244K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$240K
Fees for servicesLn 2g$8K
Investment incomeLn 3$4K
Total revenueLn 12$252K
Assets in detailPt X, end of year
SavingsLn 2$818
Cash and savings togetherLn 1–2$818
InvestmentsLn 11–13$143K
Land, buildings, equipmentLn 10c$10K
Other assetsLn 15$75K
Total assetsLn 16$239K
LiabilitiesLn 26$244K
Net assetsLn 32−$5K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$366$818
InvestmentsLn 11–13$130K$143K
Land, buildings, equipmentLn 10c$9K$10K
Total assetsLn 16$219K$239K
LiabilitiesLn 26$237K$244K
Net assetsLn 32−$18K−$5K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$176K
Accounting feesLn 11c$17K
Investment management feesLn 11f$1K
Advertising and promotionLn 12$13K
Office expensesLn 13$5K
Information technologyLn 14$13K
TravelLn 17$18K
Conferences, conventions and meetingsLn 19$4K
Depreciation, depletion and amortizationLn 22$2K
InsuranceLn 23$160
Total functional expensesLn 25$249K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $252K$249K$2K−$5K 990 PDF
FY2023 $275K$261K$14K−$18K 990 PDF
FY2022 $211K$213K−$2K−$43K 990 PDF
FY2021 $198K$210K−$12K−$21K 990 PDF
FY2020 $244K$169K$75K−$19K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $251,724 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $228,127$239,595
I-9 Program service revenuePrior year $42,210$8,450
I-10 Investment incomePrior year $3,483$3,679
I-11 Other revenuePrior year $800$0
I-12 Total revenuePrior year $274,620$251,724
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $260,904$249,302
I-18 Total expensesPrior year $260,904$249,302
I-19 Revenue less expensesPrior year $13,716$2,422
Part VI · Governance 11 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $251,724 across 6 lines filed
VIII-1b Membership dues$239,595
VIII-1h Total contributions, gifts and grants$239,595
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,450$8,450
VIII-3 Investment incomeRelated to mission $3,679$3,679
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $12,129 · Unrelated business $0 · Excluded from tax $0$251,724
Part IX · Statement of functional expenses $249,302 across 10 lines filed
IX-11a Management fees$176,058
IX-11c Accounting fees$17,226
IX-11f Investment management fees$1,368
IX-12 Advertising and promotion$12,721
IX-13 Office expenses$4,903
IX-14 Information technology$12,796
IX-17 Travel$18,025
IX-19 Conferences, conventions and meetings$4,320
IX-22 Depreciation, depletion and amortization$1,725
IX-23 Insurance$160
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$249,302
Part X · Balance sheet $239,038 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $366$818
X-9 Prepaid expenses and deferred chargesStart of year $7,950$10,658
X-10c Land, buildings and equipment, netStart of year $9,466$9,628
X-11 Publicly traded securitiesStart of year $129,748$142,581
X-15 Other assetsStart of year $71,300$75,353
X-16 Total assetsStart of year $218,830$239,038
X-19 Deferred revenueStart of year $237,298$244,109
X-26 Total liabilitiesStart of year $237,298$244,109
X-27 Net assets without donor restrictionsStart of year −$18,468−$5,071
X-32 Total net assets or fund balancesStart of year −$18,468−$5,071
X-33 Total liabilities and net assetsStart of year $218,830$239,038
Part XI · Reconciliation of net assets −$5,071 net assets at year end
XI-1 Total revenue$251,724
XI-2 Total expenses$249,302
XI-3 Revenue less expenses$2,422
XI-4 Net assets at start of year−$18,468
XI-5 Net unrealized gains (losses) on investments$9,339
XI-8 Prior period adjustments$1,636
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$5,071

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.