2024-08-20T09:51:53-07:00 2023-12-31 521738520 Lane & Company CPAs 5335 Wisconsin Ave NW Ste 440 Washington DC 20015 990 2023-01-01 522341318 US-ASEAN BUSINESS COUNCIL INC US-A 2022891911 1101 17TH STREET NW WASHINGTON DC 20036 MICHAEL SHUE CFO 2022891911 2024-08-19 true true ROBERT E LANE P01622353 2026172615 2024-08-20 X 2023 2024-08-08 14:25:15Z TED OSIUS 1101 17TH ST NW STE 411 WASHINGTON DC 20036 7694970 false X WWW.USASEAN.ORG X 2001 DC TO EDUCATE POLICY MAKERS AND BUSINESSES OPERATING AND TRADING IN SOUTHEAST ASIA. 33 32 28 32 0 0 122000 24500 7576811 7254517 14850 109975 0 7713661 7388992 0 0 4036026 4742294 0 0 3099523 3354522 7135549 8096816 578112 -707824 6662570 5237099 5499386 5003728 1163184 233371 TO EDUCATE POLICY MAKERS AND BUSINESSES OPERATING AND TRADING IN SOUTHEAST ASIA. false false THE COUNCIL CONDUCTS RESEARCH AND ANALYSIS OF ECONOMIC, ENVIRONMENTAL, FINANCIAL, POLITICAL, AND SOCIAL CONDITIONS IN THE TEN COUNTRIES OF THE ASSOCIATION OF SOUTHEAST ASIAN NATIONS (ASEAN). THE COUNCIL UTILIZES THE RESULTS OF ITS RESEARCH AND ANALYSIS TO INFORM MEMBERS BY PROVIDING EDUCATIONAL PROGRAMS, TECHNICAL INFORMATION FOR PRODUCT INNOVATION, TRADE MISSIONS, AND CONVENING MULTIPLE MEETINGS WITH ASEAN HEADS OF STATE AND MINISTERS. THE COUNCIL HAS SECTORAL INITIATIVES BENEFITTING MEMBERS AT BOTH THE LOCAL AND REGIONAL LEVEL FOR THE FOLLOWING INDUSTRIES: INFORMATION COMMUNICATION TECHNOLOGY, CUSTOMS, FOOD & AGRICULTURE, DEFENSE, ENERGY, FINANCIAL SERVICES, HEALTH & LIFE SCIENCES, INFRASTRUCTURE, MANUFACTURING, AND TRAVEL & TOURISM. false true false true false false false false false true false false true true true false true false true true false false false false false false false false true false false false false false false false false false false false true false false false true 0 0 true 28 true false true SN false false true true false false false X 33 32 false false false false true true false true true false false false true true true true true true true false X MICHAEL SHUE CFO 2022891911 1101 17TH ST NW STE 411 WASHINGTON DC 20036 TED OSIUS PRESIDENT AND CEO 60.00 X X 426995 0 50506 JEFFREY PERLMAN BOARD CHAIR 1.00 X X 0 0 0 JAKE SIEWERT VICE CHAIR 1.00 X X 0 0 0 TAREQ MUHMOOD TREASURER 1.00 X X 0 0 0 LESLIE MANCUSO VICE CHAIR 1.00 X X 0 0 0 JB SIMKO SECRETARY 1.00 X X 0 0 0 JANNIK TERMANSEN DIRECTOR 1.00 X 0 0 0 CHRIS COLAHAN DIRECTOR 1.00 X 0 0 0 QUINT SIMON DIRECTOR 1.00 X 0 0 0 PAUL MCNAMEE DIRECTOR 1.00 X 0 0 0 CATHERINE SIMMONS DIRECTOR 1.00 X 0 0 0 CLAUDIA LORENZO DIRECTOR 1.00 X 0 0 0 DAVID LEWIS DIRECTOR 1.00 X 0 0 0 GREG SCHULZE DIRECTOR 1.00 X 0 0 0 JENNIFER CHAN DIRECTOR 1.00 X 0 0 0 KAWAL PREET DIRECTOR 1.00 X 0 0 0 MICHAELA BROWNING DIRECTOR 1.00 X 0 0 0 STEPHEN BRAIM DIRECTOR 1.00 X 0 0 0 JEFF RITTENER DIRECTOR 1.00 X 0 0 0 RAJEEV MENON DIRECTOR 1.00 X 0 0 0 RAFAEL FRANKEL DIRECTOR 1.00 X 0 0 0 DAVID PEACOCK DIRECTOR 1.00 X 0 0 0 DEAN GARFIELD DIRECTOR 1.00 X 0 0 0 DEREK WILKINSON DIRECTOR 1.00 X 0 0 0 MIKE PERGINE DIRECTOR 1.00 X 0 0 0 MONICA BAUER DIRECTOR 1.00 X 0 0 0 ANIL ARGILLA DIRECTOR 1.00 X 0 0 0 PETER SELFRIDGE DIRECTOR 1.00 X 0 0 0 GREGORY WALTERS DIRECTOR 1.00 X 0 0 0 PENNY BURTT DIRECTOR 1.00 X 0 0 0 MIKE KIELY DIRECTOR 1.00 X 0 0 0 LINDA BEDRAN DIRECTOR 1.00 X 0 0 0 JOHN GRAHAM DIRECTOR 1.00 X 0 0 0 MARC MEALY CHIEF POLICY OFFICER 40.00 X 220347 0 29902 MICHAEL SHUE CHIEF FINANCIAL OFFICER 38.00 X 173699 0 33273 MARGARET HANSON-MUSE CHIEF OPERATING OFFICER 35.00 X 158333 0 7496 AMB MICHAEL MICHALAK SENIOR VP/REGIONAL DIRECTOR 40.00 X 140032 0 0 ELIZABETH DUGAN VICE PRESIDENT 35.00 X 67739 0 7311 AMB BRIAN MCFEETERS SENIOR VP/REGIONAL DIRECTOR 40.00 X 62500 0 0 MARIO MASAYA SENIOR RESEARCH DIRECTOR 40.00 X 127731 0 30975 VU TU THANH CHIEF REPRESENTATIVE 40.00 X 152221 0 5565 HAI PHAM SENIOR DIRECTOR 40.00 X 129832 0 17184 LILIBETH ALMONTE-ARBEZ SENIOR DIRECTOR 40.00 X 116520 0 30414 PATRICK KAHN DIRECTOR 40.00 X 106971 0 15730 1882920 0 228356 10 false true false 24500 24500 MEMBERSHIP DUES 900099 4054632 0 0 PROGRAM EVENTS 900099 3199885 0 0 7254517 42267 0 42267 373686 305978 67708 67708 0 0 67708 7388992 7254517 0 109975 1336426 0 0 0 2794029 0 0 0 65131 0 0 0 310710 0 0 0 235998 0 0 0 153329 0 0 0 42682 0 0 0 10257 0 0 0 193113 0 0 0 370958 0 0 0 552175 0 0 0 164245 0 0 0 1678663 0 0 0 5211 0 0 0 135151 0 0 0 30405 0 0 0 REPAIRS & MAINTENANCE 8919 0 0 0 MEMBERSHIPS 5264 0 0 0 GIFTS 4150 0 0 0 8096816 0 0 0 1026823 525434 878 879 1224647 496726 124157 66987 872736 568164 205476 304572 1247344 1161428 2833245 2681073 6662570 5237099 519056 435149 1637986 1751353 148530 144882 3193814 2672344 5499386 5003728 X 1163184 233371 1163184 233371 6662570 5237099 -707824 28011 -250000 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true true 4054632 806 -183298 -182492 0 -182492 0 0 738573 498577 239996 134163 69587 64576 304572 SECURITY DEPOSITS 87073 RIGHT-OF-USE ASSET - OFFICE LEASE 2290217 DUE FROM US-ASEAN BUSINESS COUNCIL INSTITUTE 303783 2681073 LEASE LIABILITY 2672344 2672344 X Pt X, Line 2 MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION ON THE FINANCIAL STATEMENTS. East Asia and Pacific 6 29 PROGRAM SERVICES PROVIDE SUPPORT, 615791 INFORMATION, AND BUSINESS ASSISTANCE TO INDIVIDUALS & COMPANIES 6 29 6 29 615791 615791 false false false false false false Pt I Line 2 THE ORGANIZATION PROVIDES ASSISTANCE TO THE ORGANIZATIONS OFFICES LOCATED IN EAST ASIA AND PACIFIC. THE RECORDS ARE REVIEWED AND MAINTAINED BY THE CFO. X X X false false false TED OSIUS 368995 0 58000 0 0 0 20566 0 29940 0 477501 0 0 0 MARC MEALY 202519 0 17828 0 0 0 10126 0 19776 0 250249 0 0 0 MICHAEL SHUE 161017 0 12682 0 0 0 8685 0 24588 0 206972 0 0 0 MARGARET HANSON-MUSE 158333 0 0 0 0 0 7496 0 0 0 165829 0 0 0 MARIO MASAYA 117396 0 10335 0 0 0 6387 0 24588 0 158706 0 0 0 VU TU THANH 138676 0 13545 0 0 0 0 0 5565 0 157786 0 0 0 Pt VI, Line 6 US-ASEAN BUSINESS COUNCIL, INC. HAS A CLASS OF MEMBER COMPANIES THAT NOMINATES DIRECTORS TO THE GOVERNING BODY. THESE DIRECTORS APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. THESE MEMBER COMPANIES DO NOT RECEIVE A SHARE OF THE ORGANIZATIONS EXCESS DUES OR A SHARE OF THE ORGANIZATIONS NET ASSETS UPON DISSOLUTION. Pt VI, Line 7a CHAIRMANS COUNCIL MEMBERS MAY NOMINATE A PERSON FROM THEIR COMPANY TO THE BOARD OF DIRECTORS. THE NOMINATED INDIVIDUAL MUST BE APPROVED BY THE BOARD OF DIRECTORS. Pt VI, Line 11b THE PRESIDENT, CHIEF OPERATING OFFICER, TREASURER, AND CHIEF FINANCIAL OFFICER REVIEW THE PREPARED FORM 990 BEFORE IT IS FILED. AFTER THE RETURN IS SIGNED AND FILED, IT IS MADE AVAILABLE TO MEMBERS AND THE PUBLIC. Pt VI, Line 15a THE COMPENSATION OF THE PRESIDENT IS DETERMINED BY THE COMPENSATION COMMITTEE AS DOCUMENTED BY A WRITTEN EMPLOYMENT CONTRACT. Pt VI, Line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE ONLY UPON REQUEST. Pt VI, Line 15b THE COMPENSATION OF ALL OFFICERS ARE ALSO REVIEWED BY THE COMPENSATION COMMITTEE. Pt VI, Line 12c COVERED PERSONS ARE TO PROMPTLY REPORT IN WRITING TO THE BOARD (OR COMMITTEE THEREOF) ANY FINANCIAL INTERESTS IN A TRANSACTION OR ARRANGEMENT THAT COULD CONSTITUTE A CONFLICT OF INTEREST ONCE DISCOVERED. THE BOARD WILL CONSIDER AND DETERMINE BY MAJORITY VOTE OF DISINTERESTED PERSONS WHETHER TO ENTER INTO SUCH PROPOSED TRANSACTION OR ARRANGEMENT. APPROPRIATE DISCIPLINARY ACTION WILL BE TAKEN AGAINST PERSONS FOR WILLFUL FAILURE TO REPORT ACTUAL OR POTENTIAL CONFLICTS. US-ASEAN BUSINESS COUNCIL INSTITUTE INC 1101 17TH STREET NW STE 411 WASHINGTON DC 20036 133218841 EDUCATION AND ADVOCACY NY 501(C)3 LINE 7 false false false false false false false false false false false false false false true true false true false false US-ASEAN BUSINESS COUNCIL INSTITUTE INC O 146523 COST US-ASEAN BUSINESS COUNCIL INSTITUTE INC Q 546389 COST