2024-11-15T10:05:33-06:00 2023-12-31 481195228 KELLER & OWENS LLC 10955 LOWELL AVE STE 800 OVERLAND PARK KS 66210 990 2023-01-01 362210012 INTERNATIONAL ASSOCIATION OF ASSESSING OFFICERS INTE 8167018100 314 W 10TH STREET KANSAS CITY MO 64105 AMY RASMUSSEN EXECUTIVE DIRECTOR 8167018100 2024-11-14 1 0 RHONDA L CARLSON CPA P00297658 9133383500 2024-11-13 2023 2024-10-15 13:58:12Z AMY RASMUSSEN 314 W 10TH STREET KANSAS CITY MO 64105 8321112 0 8161 X IAAO.ORG X 1936 IL PROMOTE INNOVATION AND EXCELLENCE IN PROPERTY APPRAISAL, ASSESSMENT, (SEE SCHEDULE O) ADMINISTRATION, AND PROPERTY TAX POLICY THROUGH PROFESSIONAL DEVELOPMENT, EDUCATION, RESEARCH, AND TECHNICAL ASSISTANCE. 15 14 29 324 351207 102156 482600 18266 6172054 6516854 40926 128244 252775 159553 6948355 6822917 30587 38489 0 0 2811993 3079059 0 0 0 2855093 3282310 5697673 6399858 1250682 423059 9966378 10816765 1930152 1710282 8036226 9106483 X THE MISSION OF IAAO IS TO PROMOTE GLOBAL EXCELLENCE IN PROPERTY APPRAISAL, ASSESSMENT ADMINISTRATION, AND PROPERTY TAX POLICY, THROUGH INNOVATIVE PROFESSIONAL DEVELOPMENT, EDUCATION, RESEARCH, AND TECHNICAL ASSISTANCE. 0 0 1587043 5671 2713107 EDUCATION AND PROFESSIONALISM: IAAO CONDUCTS PROFESSIONAL DEVELOPMENT BY OFFERING COURSES, WORKSHOPS, SEMINARS, AND OTHER EDUCATIONAL PRODUCTS TO EDUCATE THOSE ENGAGED IN THE ASSESSMENT PRACTICE. IN ADDITION, THIS PROGRAM OVERSEES THE CREDENTIALS OFMEMBERS. 1374910 0 1553852 ANNUAL CONFERENCE: IAAO CONDUCTS AN ANNUAL MEETING FOR MEMBERS AND NON MEMBERS TO CONNECT WITH OTHER MEMBERS AND NON MEMBERS. WE ALSO PROVIDE TECHNICAL ASSISTANCE TO JURISDICTIONS, CITIES AND COUNTRIES. 1122296 32818 1827878 MEMBERSHIP: IAAO IS DEDICATED TO IMPROVING THE ADMINISTRATION AND UNDERSTANDING OF PROPERTY TAX ISSUES FOR ITS 8,326 MEMBERS. THIS INCLUDES SUPPORTING LOCAL PROGRAMS, MAINTAINING ETHICS CODE, PROVIDING A LIAISON FUNCTION WITH NATIONAL AND INTERNATIONAL ORGANIZATIONS, RECOGNIZING OUTSTANDING ACHIEVEMENT WITHIN THE PROFESSION AND MAINTAINING COUNCILS AND SECTION DESIGNED TO MEET THE NEEDS OF THOSE SPECIALIZED AREAS OF ASSESSING. 1027563 0 227708 PUBLISHING AND MARKETING:PUBLISHES A JOURNAL, A MAGAZINE, AND SEVERAL ELECTRONIC NEWSLETTERS AS WELL AS VARIOUS TEXTBOOKS AND REFERENCE BOOKS IN THE AREA OF AD VALOREM TAXATION.RESEARCH AND INFORMATION:IAAO PROVIDES LIBRARY AND OTHER RESOURCE MATERIALS TO MEMBERS AND NON MEMBERS. WE ALSO PROVIDE TECHNICAL ASSISTANCE TO JURISDICTIONS, CITIES AND COUNTIES. 1027563 0 227708 5111812 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 53 0 29 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 8167018100 314 W 10TH STREET KANSAS CITY MO 64105 BRIAN GAY BOARD MEMBER 2.00 X 0 0 0 DEBRA MCGUIRE EXECUTIVE DIRECTOR 40.00 X X 178061 0 19923 DONNA VANDERVRIES VICE PRESIDENT 2.00 X X 0 0 0 DWANE BRINSON BOARD MEMBER 2.00 X 0 0 0 GREGORY HUTCHINSON BOARD MEMBER 2.00 X 0 0 0 KARA ENDICOTT BOARD MEMBER 2.00 X 0 0 0 L WADE PATTERSON PAST PRESIDENT 2.00 X X 0 0 0 MARCY MARTIN BOARD MEMBER 2.00 X 0 0 0 PATRICK ALESANDRINI PRESIDENT 2.00 X X 0 0 0 REBECCA MALMQUIST PRESIDENT ELECT 2.00 X X 0 0 0 ROBERT LEE BOARD MEMBER 2.00 X 0 0 0 RYAN CAVANAH BOARD MEMBER 2.00 X 0 0 0 TERRY TAYLOR BOARD MEMBER 2.00 X 0 0 0 RODERICK CONLEY BOARD MEMBER 2.00 X 0 0 0 ALVIN LANKFORD BOARD MEMBER 2.00 X 0 0 0 ASHLEY LATHROP SENIOR DIRECTOR OF BUSINES 40.00 X 141257 0 15125 HEATHER MOSER SENIOR DIRECTOR OF PROFESS 40.00 X 123121 0 15657 MIKE ARDIS SENIOR DIRECTOR OF COMMUNI 40.00 X 118214 0 27451 ANITA LARA DIRECTOR OF MEETINGS/EVENTS 40.00 X 133201 0 11603 693854 0 89759 5 0 1 0 MICHAEL A MACIAS CONSULTING SERVIVCES 500 OAKWOOD ST GRAND LEDGE MI 48837 FINANCIAL CONSULTING 143630 1 18266 18266 EDUCATION & PROFESSIONALISM 611710 2759036 2713107 45929 MEMBERSHIP DUES 611710 1827878 1827878 ANNUAL CONFERENCE 900099 1553852 1553852 DESIGNATION & CERTIFICATION 541990 223893 223893 RESEARCH & INFORMATION 541700 144195 144195 8000 8000 6516854 123901 123901 14472 14472 1490721 1486378 4343 4343 4343 59058 11817 47241 47241 ADVERTISING INCOME 541800 81385 81385 MISC INCOME 900099 15720 15720 SUBSCRIPTIONS 541800 735 735 97840 6822917 6310728 351207 142716 X 38489 38489 197984 197984 2253907 1876787 377120 180274 149365 30909 246084 208090 37994 200810 169806 31004 43461 43461 24500 24500 19870 19870 641856 329330 312526 39245 39245 379603 313016 66587 262398 125181 137217 89099 44535 44564 545660 537181 8479 956029 885381 70648 172070 141089 30981 BANK & CREDIT CARD FEES 87888 41928 45960 HONORARIA, AWARDS 18678 14346 4332 INCOME TAXES 1953 59 1894 6399858 5111812 1288046 0 3253965 2438398 314997 1336607 155512 0 264308 230169 8985 6396 147264 227624 3009203 1922127 1180421 1087076 4534859 5274568 30106 168451 75961 47476 9966378 10816765 364778 335561 1487562 1324886 77812 49835 1930152 1710282 X 7721228 8770248 314998 336235 8036226 9106483 9966378 10816765 423059 647198 0 X 0 1 X 1 0 X 1506853 1490849 1606078 482600 18266 5104646 3666851 2486567 3667687 5972323 6306090 22099518 5173704 3977416 5273765 6454923 6324356 27204164 0 0 0 27204164 94120 74981 77665 104691 138373 489830 94120 74981 77665 104691 138373 489830 110359 103156 213515 8552 552511 217075 97214 16455 891807 5276376 4604908 5568505 6767187 6582340 28799316 0.94460 0.94800 0.01700 0.01570 X 314998 18266 15531 12560 336235 314998 314998 312356 13157 1186 11701 314998 304968 10150 1538 4300 312356 293479 15801 1835 6147 304968 1.00000 0 0 276400 276400 1871161 1170403 700758 861642 751724 109918 1087076 LEASE LIABILITY 49835 49835 X 7462062 647198 11817 659015 6803047 19870 19870 6822917 6391805 11817 11817 6379988 19870 19870 6399858 PART V, LINE 4: INTENDED USES OF FUNDS ARE FOR SUPPORT OF THE LIBRARY, SCHOLARSHIPS FOR MEMBERS AND VARIOUS OTHER USES. PART X, LINE 2: THE ASSOCIATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION THAT IS BENEFICIAL TO THE ASSOCIATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO THE TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2023, AND ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 11,817. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 11,817. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES EDUCATION & PROFESSIONALISM 23400 0 0 0 0 0 0 23400 0 23400 0 0 0 0 0 0 1 IAAO SCHOLARSHIP FUND 27 0 27525 SCHOLARSHIP JEFF HUNT MEMORIAL FUND 4 0 654 SCHOLARSHIP PAUL CORUSY TRUST 6 0 8390 SCHOLARSHIP BARBARA BRUNNER FUND 2 0 1800 SCHOLARSHIP TIMOTHY HAGERMANN MEMORIAL TRUST 1 0 120 SCHOLARSHIP PART I, LINE 2: THE INTERNATIONAL ASSOCIATION OF ASSESSING OFFICERS PROVIDES SEVERAL SCHOLARSHIPS TO MEMBERS WHO DEMOSTRATE A FINANCIAL NEED OR MEET THE CRITERIA OF THE SCHOLARSHIP. THE CANDIDATES MUST COMPLETE AN APPLICATION INDICATING THEIR QUALIFICATIONS FOR THE SCHOLARSHIP. THE ORGANIZATION'S SCHOLARSHIP COMMITTEE REVIEWS THE CRITERIA AND SELECTION OF APPLICATIONS. X X X X 0 0 0 0 0 0 0 0 0 DEBRA MCGUIRE EXECUTIVE DIRECTOR 178061 0 0 0 0 0 19923 0 0 0 197984 0 0 0 ASHLEY LATHROP SENIOR DIRECTOR OF BUSINES 141257 0 0 0 0 0 7445 0 7680 0 156382 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS FOUR CLASSES OF MEMBERS THAT INCLUDES REGULAR MEMBERS, ASSOCIATE MEMBERS, AFFILIATE MEMBERS, AND HONORARY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A REGULAR MEMBERS HAVE THE POWER TO ELECT THE BOARD MEMBERS. ASSOCIATE MEMBERS HAVE THE POWER TO ELECT THE ASSOCIATE DIRECTOR. FORM 990, PART VI, SECTION A, LINE 7B REGULAR MEMBERS HAVE THE POWER TO REMOVE DIRECTORS OR OFFICERS AND TO APPROVE AMENDMENTS TO THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION TO PREPARE THE FORM 990 TAX RETURN IS PROVIDED TO THE INDEPENDENT ACCOUNTING FIRM FOR PREPARATION. THE INDEPENDENT ACCOUNTING FIRM PROVIDES A DRAFT OF THE FORM 990 TO STAFF FOR APPROVAL. A COPY OF THE 990 IS THEN PROVIDED TO ALL GOVERNING BOARD MEMBERS ALONG WITH A RESPONSE TIME FOR QUESTIONS AND COMMENTS. ANY ISSUES ARE RESOLVED AND THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AT THE TIME OF HIRE OR ELECTION (IN THE CASE OF DIRECTORS) AND ANNUALLY THEREAFTER, THE OFFICERS, DIRECTORS, AND KEY EMPLOYEES SHALL PROVIDE THE APPLICABLE CONFLICT OF INTEREST DISCLOSURES WHICH SHALL BE COMPLETED TO IDENTIFY ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH IT IS BELIEVED A CONFLICT MAY ARISE. IF A CONFLICT ARISES, THE OFFICER, DIRECTOR, OR KEY EMPLOYEE ABSTAINS FROM THE VOTE OF THE CONFLICTED POSITION. ANNUAL MONITORING AND REVIEW PROCEDURES SHALL BE PART OF THE ORGANIZATION'S COMPLIANCE PLAN. AN APPROPRIATE REPORT SHALL BE SUBMITTED TO THE EXECUTIVE BOARD CONCERNING ANY INTEREST DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE BOARD SHALL EVALUATE THE EXECUTIVE DIRECTOR'S PERFORMANCE ANNUALLY. BASED ON THAT EVALUATION THE EXECUTIVE COMMITTEE SHALL MAKE APPROPRIATE RECOMMENDATIONS TO THE EXECUTIVE DIRECTOR'S EMPLOYMENT AND COMPENSATION CONTRACT. TO EXECUTE THIS POLICY, ALL EXECUTIVE BOARD MEMBERS WILL COMPLETE THE EXECUTIVE DIRECTOR PERFORMANCE AND REVIEW FORM. THE COMPLETED EVALUATIONS ARE SENT TO THE PRESIDENT-ELECT. IN EXECUTIVE SESSION, THE COMMITTEE DISCUSSES THE EXECUTIVE DIRECTOR'S PERFORMANCE RATING, SPECIFIC OBJECTIVES AND ANY OTHER MATTERS RELATIVE TO THE OPERATIONS OF INTERNATIONAL ASSOCIATION OF ASSESSING OFFICER'S AND THE EXECUTIVE DIRETOR'S PERFORMANCE. THE EXECUTIVE DIRECTOR'S PERFORMANCE PLANNING AND REVIEW FORM IS COMPRISED OF THREE MAJOR PARTS: 1)THE REVIEW AND RATING OF THE CURRENT YEAR GOALS AND OBJECTIVES 2)A PERFORMANCE REVIEW OF 12 MAJOR COMPETENCIES AS THEY RELATE TO THE POSITION 3)SUMMARY OF THE COMPETENCY RATINGS AND IDENTIFICATION OF THE GOALS AND OBJECTIVES FOR THE COMING YEAR. AN INTERNAL REVIEW OF COMPENSATION COMPARED TO MARKET RATES WAS COMPLETED IN 2022 FOR ALL POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE IAAO WEBSITE. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 329,330. MANAGEMENT AND GENERAL EXPENSES 312,526. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 641,856. PROFESSIONAL CONSULTING SERVICES OF IAAO 314 W 110TH ST KANSAS CITY MO 64105 384042229 CONSULTING MO 144195 255914 IAAO