International Business Aviation Council Ltd

Address
999 University Street Suite 1633
Montreal, Quebec H3C 5J9
CA
Contact
Website: http://www.ibac.org
Phone: +1 (514) 954-8054
Nonprofit
NTEE: U30 - Physical Sciences, Earth Sciences Research and Promotion
EIN: 52-1220321

Mission

To represent, promote and protect the interests of business aviation in international regulatory and policy making venues.
 20162015201420132012
Basic features of the organization
Year of formation1981
Subsection code06
Form of organization
AssociationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$446,449.00$335,738.00   
Sum of reportable (W2/1099) compensation$225,000.00$217,500.00   
Number of employees00   
Number of people compensated >$100k11   
Number of volunteers00   
Number of highly compensated contractors00   
Personnel
Acquino, Rui
Title Chairman   
Name of key/compensated person Rui Acquino   
Position of compensated person
Current officer True   
Average hours per week working for org 2.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Carr, Douglas
TitleCorporate Secretary    
Name of key/compensated personDouglas Carr    
Position of compensated person
Current officerTrue    
Average hours per week working for org3.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Edwards, Kurt
TitleDirector GeneralDirector General   
Name of key/compensated personKurt EdwardsKurt Edwards   
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org35.0035.00   
Reportable compensation from org$225,000.00$217,500.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
MacPherson, Scott
TitleChairmanVice Chairman   
Name of key/compensated personScott MacphersonScott Macpherson   
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org2.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Naqbi, Ali
TitleVice Chairman    
Name of key/compensated personAli Al Naqbi    
Position of compensated person
Current officerTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Nayak, Sudhir
TitleTreasurer    
Name of key/compensated personSudhir Nayak    
Position of compensated person
Current officerTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Stine, William
Title Corporate Secretary   
Name of key/compensated person William H Stine II   
Position of compensated person
Current officer True   
Average hours per week working for org 3.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Yeomans, Terry
Title Treasurer   
Name of key/compensated person Terry Yeomans   
Position of compensated person
Current officer True   
Average hours per week working for org 1.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTo represent, promote and protect the interests of business aviation in international regulatory and policy making venues.To represent, promote and protect the interests of business aviation in international regulatory and policy making venues.   
Program service expenses, total$1,057,063.00$1,061,784.00   
Programs, including revenue & expenses
IS-BAH - Promotion of global industry best practices for business aviation ground handlers.
Program expenses$228,828.00$257,108.00   
Program revenue$240,865.00    
Program descriptionIS-BAH - Promotion of global industry best practices for business aviation ground handlers.IS-BAH - Promotion of global industry best practices for business aviation ground handlers.   
IS-BAO - Promotion of high quality operating practices for international business aircraft orperations, based on ICAO standards.
Program expenses$828,235.00$804,676.00   
Program revenue$831,510.00    
Program descriptionIS-BAO - Promotion of high quality operating practices for international business aircraft orperations, based on ICAO standards.IS-BAO - Promotion of high quality operating practices for international business aircraft orperations, based on ICAO standards.   
Financial data
Revenue
Total revenue$1,917,425.00$2,016,411.00   
Revenue from contributions (total)$645,918.00$632,357.00   
Investment income, current yr$0.00$791.00   
Total revenue from grants, etc., current yr$645,918.00$632,357.00   
Other revenue, current yr$0.00$0.00   
Net unrelated business taxable revenue$0.00$0.00   
Program service revenue (total)$1,271,507.00$1,383,263.00   
Sources of contributions
Contributions revenue from membership dues$645,918.00    
Revenue from all other contributions $632,357.00   
Other types of revenue
Investment income $791.00   
Expense categories (totals)
Total functional expenses: sum of all$1,905,268.00$1,769,438.00   
Fees for services
Fundraising service fees (total)$0.00$0.00   
General management fees (total)$89,862.00$98,907.00   
Assets and liabilities
Total assets$1,554,841.00$1,428,601.00   
Total assets, beginning of year$1,428,601.00$1,230,254.00   
Total liabilities$143,057.00$28,974.00   
Total liabilities, beginning of year$28,974.00$77,600.00   
Unrestricted net assets, end of yr$1,411,784.00$1,399,627.00   
Net assets$1,411,784.00$1,399,627.00   
Net assets, beginning of year$1,399,627.00$1,152,654.00   
Intangible assets$50,000.00$50,000.00   
Other assets$7,272.00$1,364.00   
Cash: non-interest bearing$1,094,816.00$973,728.00   
Cash: non-interest bearing, beginning of year$973,728.00$696,492.00   
Other financial variables
Revenue less expenses$12,157.00$246,973.00   
Advertising (total)$21,996.00$22,860.00   
Savings & temp cash investment$402,753.00$403,509.00   
Accounts receivable, net $0.00   
Accounts payable & accrued expenses$143,057.00$28,974.00   
Secured mortgages and notes payable $0.00   
Total net assets or fund balances$1,411,784.00$1,399,627.00   
Governance and accountability
Number of voting members1415   
Number of independent voting members00   
Accrual accountingTrueTrue   
Tax year start date2016-01-012015-01-01   
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990   
IRS schema version2016v3.02015v2.1   
Filing identifier201713149349300926201622259349300607   
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