2025-10-06T02:31:41-05:00 2024-12-31 861065772 DELOITTE TAX LLP 50 SOUTH SIXTH STREET SUITE 2800 MINNEAPOLIS MN 55402 990 2024-01-01 465523330 IOWA LEADERS IN EDUCATION AND ADVOCACY INC IOWA 5152864300 8901 NORTHPARK DRIVE PO BOX 6200 JOHNSTON IA 501316200 SHARON PRESNALL EXECUTIVE DIRECTOR 5152864300 2025-10-03 1 0 ANNA KOLAKALURI P01275237 6123974000 2024 2025-03-06 01:10:19Z SHARON PRESNALL 8901 NORTHPARK DRIVE PO BOX 6200 JOHNSTON IA 501316200 112650 0 X N/A X 2014 IA THE PRIMARY PURPOSE OF IOWA LEADERS IN EDUCATION AND ADVOCACY, INC. "I-LEAD" IS TO PROMOTE SOCIAL WELFARE WITHIN THE MEANING OF SECTION 501(C)(4) OF THE IRC BY EDUCATING THE GENERAL PUBLIC ON THE ROLE IOWA'S FINANCIAL INSTITUTIONS PLAY IN IOWA AND THE NATION'S ECONOMY. 5 4 0 0 0 0 0 0 91025 112650 0 0 0 0 91025 112650 0 0 0 0 0 0 0 0 0 90000 22500 90000 22500 1025 90150 55013 145163 0 0 55013 145163 THE PRIMARY PURPOSE OF IOWA LEADERS IN EDUCATION AND ADVOCACY, INC. "I-LEAD" IS TO PROMOTE SOCIAL WELFARE WITHIN THE MEANING OF SECTION 501(C)(4) OF THE IRC BY EDUCATING THE GENERAL PUBLIC ON THE ROLE IOWA'S FINANCIAL INSTITUTIONS PLAY IN IOWA AND THE NATION'S ECONOMY. 0 0 22500 112650 I-LEAD WAS FORMED ON APRIL 24,2014 AND FUNDING FOR I-LEAD IS USED FOR VARIOUS PURPOSES OF PROMOTING THE BANKING INDUSTRY ACROSS THE STATE OF IOWA. MOST NOTABLY FUNDING FOR I-LEAD HAS BEEN USED FOR INDUSTRY ISSUE ADVOCACY CAMPAIGNS SUCH AS TAX REFORM AND TAX FAIRNESS, AS WELL AS PUBLIC IMAGE CAMPAIGNS USING VARIOUS FORMS OF MEDIA COMMUNICATION. 22500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IA X MITCH VAN KLEY 5152864269 8901 NORTHPARK DRIVE JOHNSTON IA 50131 JOHN SORENSEN SECRETARY 1.00 39.00 X X 0 541515 285892 ABRAM TUBBS START 924 CHAIR ELECT 1.00 2.00 X X 0 0 0 JIM PLAGGE CHAIRMAN 1.00 2.00 X X 0 0 0 MARY KAY BATES PAST CHAIRMAN 0.25 2.00 X X 0 0 0 MATT LUJANO END 924 PAST CHAIRMAN 0.25 2.00 X X 0 0 0 MELISSA SPURGIN TREASURER 1.00 2.00 X X 0 0 0 SHARON PRESNALL EXECUTIVE DIRECTOR 1.00 40.00 X 0 285896 31558 0 827411 317450 0 0 1 0 0 ISSUE ADVOCACY SUPPORT 900099 112650 112650 112650 112650 112650 0 0 22500 22500 22500 22500 0 0 55013 144163 1000 55013 145163 0 0 X 0 90150 0 0 55013 55013 55013 145163 55013 145163 90150 0 X 0 1 X 1 0 0 X PART X, LINE 2: AS A RESULT OF THE IMPLEMENTATION OF AUTHORITATIVE GUIDANCE ON THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATION WAS NOT REQUIRED TO RECOGNIZE A LIABILITY. THERE WERE NO UNRECOGNIZED TAX LIABILITIES FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. 0 1 0 0 0 0 0 0 0 JOHN SORENSEN SECRETARY 0 419088 0 105370 0 17057 0 264621 0 21271 0 827407 0 0 SHARON PRESNALL EXECUTIVE DIRECTOR 0 238211 0 34562 0 13123 0 7715 0 23843 0 317454 0 0 PART I, LINE 1A: CLUB DUES AND TRAVEL FOR SPOUSE WERE PROVIDED TO JOHN SORENSEN AS TAXABLE COMPENSATION BY A RELATED ORGANIZATION. PART I, LINE 3: THE ORGANIZATION RELIES UPON THE METHODS USED BY THE RELATED ORGANIZATION TO DETERMINE COMPENSATION. PART I, LINE 4B: JOHN SORENSEN PARTICIPATED IN A NON-QUALIFIED PENSION RESTORATION PLAN AND RECEIVED NO PAYMENTS FROM THE PLAN DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 SHARON PRESNALL AND JOHN SORENSEN HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS AND PRESENTS THEM TO THE IOWA LEADERS IN EDUCATION AND ADVOCACY BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL. THOSE STATEMENTS ARE THEN USED TO COMPLETE THE FORM 990. THE BOARD OF DIRECTORS ARE THEN PROVIDED THE FINAL DRAFT OF THE FORM 990 FOR THEIR APPROVAL PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE IOWA BANKERS ASSOCIATION REQUIRES ANNUAL DISCLOSURE OF A CONFLICT OF INTEREST BY DIRECTORS, OFFICERS, KEY EMPLOYEES TO THE CHAIRMAN AND CHIEF EXECUTIVE OFFICER WHO ARE RESPONSIBLE FOR THE OVERSIGHT AND ENFORCEMENT OF THE POLICY. ALL DISCLOSURES ARE REVIEWED AND ANY CONCERNS ARE ADDRESSED. IF CONFLICTS ARE IDENTIFIED, THE CHAIRMAN AND CHIEF EXECUTIVE OFFICER WORK TO ENSURE THAT THE TRUSTEES, DIRECTORS, OFFICERS OR KEY EMPLOYEES DO NOT PARTICIPATE IN DISCUSSIONS OR VOTE ON THE AFFECTED MATTER. FORM 990, PART VI, SECTION B, LINE 15 IOWA BANKERS ASSOCIATION EXECUTIVE COMMITTEE, WHICH IS MADE UP OF BANKERS FROM EACH OF OUR BOARDS, DETERMINES THE COMPENSATION OF TOP MANAGEMENT OFFICIALS AND OFFICERS USING COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IOWA BANKERS BENEFIT PLAN 8901 NORTHPARK DRIVE PO BOX 6200 JOHNSTON IA 50131 421122086 VEBA TRUST IA 501(C)(9) IOWA BANKERS ASSOCIATION 1 BUILD - STATE FUND 8901 NORTHPARK DRIVE PO BOX 6200 JOHNSTON IA 50131 421208577 QSLPO IA 527 N/A 0 BUILD - FEDERAL FUND 8901 NORTHPARK DRIVE PO BOX 6200 JOHNSTON IA 50131 421208575 PAC IA 527 N/A 0 IOWA BANKERS ASSOCIATION 8901 NORTHPARK DRIVE PO BOX 6200 JOHNSTON IA 50131 420330040 PROMOTE BANKS IA 501(C)(6) N/A 0 IOWA BANKERS INSURANCE & SERVICES INC 8901 NORTHPARK DRIVE JOHNSTON IA 50131 420984998 SALES-INSURANCE & MARKETING IA N/A C 1 MID AMERICA BANKERS INSURANCE SERVICES 8901 NORTHPARK DRIVE JOHNSTON IA 50131 421167893 INSURANCE IA N/A C 1 IOWA BANKERS MORTGAGE CORPORATION 8901 NORTHPARK DRIVE JOHNSTON IA 50131 421130287 MORTGAGE BANKING IA N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0