2024-07-12T13:36:58-05:00 2023-12-31 541498950 RENNER AND COMPANY CPA PC 700 NORTH FAIRFAX STREET SUITE 400 ALEXANDRIA VA 22314 990 2023-01-01 521038765 INTERNATIONAL LIQUID TERMINALS ASSOCIATION INTE 4438585774 655 15TH STREET WASHINGTON DC 20005 JEFFREY LEVITT CHIEF FINANCIAL OFFICER 7038752011 2024-07-09 1 JEFFREY LEVITT 999009999 0 ANDREW E YOUNG CPA CGMA MBA P01203950 7035351200 2024-07-09 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X JEFFREY LEVITT 655 15TH STREET WASHINGTON DC 20005 4429209 0 X WWWW.ILTA.ORG X 1974 VA FOUNDED IN 1974, THE INTERNATIONAL LIQUID TERMINALS ASSOCIATION (ILTA) IS AN ADVOCATE AND KEY RESOURCE FOR THE LIQUID TERMINAL INDUSTRY. WITH HEADQUARTERS IN THE WASHINGTON, DC, AREA, ILTA ADVOCATES ON BEHALF OF THE LIQUID TERMINAL INDUSTRY IN CONGRESS AND AT THE FEDERAL AGENCIES. ILTA ALSO MAINTAINS CLOSE WORKING RELATIONSHIPS WITH OTHER ORGANIZATIONS THAT INTERACT WITH THE TANK STORAGE INDUSTRY. 13 13 12 14 46675 9400 85975 0 3099517 4064375 -29396 13060 0 0 3156096 4077435 0 0 0 0 1352221 1577339 0 0 0 2575556 2953331 3927777 4530670 -771681 -453235 2956626 2568991 2254154 2180591 702472 388400 TO BENEFIT OUR MEMBERS BY PROVIDING RESOURCES THAT ENABLE THE LIQUID TERMINAL INDUSTRY TO THRIVE. 0 0 ILTA MEMBERS REPRESENT A DIVERSE GROUP OF COMPANIES THAT ARE A CRITICAL LINK IN THE TRANSPORTATION SYSTEMS FOR LIQUID COMMODITIES. ILTA HAS TWO MEMBERSHIP CATEGORIES: TERMINAL MEMBERS AND SUPPLIER MEMBERS. ALL OF ILTA'S MEMBERS, LARGE AND SMALL, SHARE THE BELIEF THAT A UNIFIED ASSOCIATION IS IN THEIR BEST INTEREST. AS AN ASSOCIATION, WE ENABLE OUR MEMBERS TO POOL THEIR RESOURCES TO MORE EFFECTIVELY MONITOR AND HELP TO SHAPE GOVERNMENT LAWS AND REGULATIONS, AND TO FOSTER EDUCATIONAL, TRAINING, AND NETWORKING OPPORTUNITIES FOR THE ENTIRE INDUSTRY. ILTA HOSTS A NUMBER OF MEETINGS AND TRAINING PROGRAMS ON AN ANNUAL BASIS. THESE EVENTS FOCUS ON A RANGE OF TOPICS, OFFERING ATTENDEES THE MOST CURRENT INFORMATION ON INDUSTRY TRENDS, REGULATORY DEVELOPMENTS AND POLICY ISSUES. SOME MEETINGS ARE OPEN TO ALL TERMINAL INDUSTRY PROFESSIONALS WHILE OTHERS ARE EXCLUSIVELY FOR ILTA MEMBERS. 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 18 0 12 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 VA X INTERNATIONAL LIQUID TERMINALS ASSOCIATION 4438585774 655 15TH STREET NW WASHINGTON DC 20005 TIMOTHY C WINTERS CHAIRMAN 2.00 X X 0 0 0 T PRATT SUMMERS VICE CHAIRMAN 2.00 X X 0 0 0 ERIC CONARD TREASURER 2.00 X X 0 0 0 JOSHUA A ETZEL SECRETARY 2.00 X X 0 0 0 BERNT A NETLAND EX-OFFICIO 2.00 X X 0 0 0 JAMES BANY DIRECTOR 2.00 X 0 0 0 SHARON BEEMER DIRECTOR 2.00 X 0 0 0 KARL BERNARD DIRECTOR 2.00 X 0 0 0 VINCENT DI COSIMO DIRECTOR 2.00 X 0 0 0 JAMES HILL DIRECTOR 2.00 X 0 0 0 JONATHAN HUNT DIRECTOR 2.00 X 0 0 0 TRACI L JOHNSON PE DIRECTOR 2.00 X 0 0 0 DON KRAIN DIRECTOR 2.00 X 0 0 0 MELANIE A LITTLE DIRECTOR 2.00 X 0 0 0 KATHRYN CLAY PRESIDENT 40.00 X 388714 0 21396 LEAKHENA SWETT EXECUTIVE VICE PRESIDENT 40.00 X 225004 0 14242 MICHAEL STROUD JR VICE PRESIDENT OF GOVERNMENT RELATIONS 40.00 X 165846 0 18206 MEREDITH DEZEMLER SENIOR DIRECTOR OF EVENTS AND MEMBERSHIP 40.00 X 138578 0 17326 JOHNATHAN CRUZ SENIOR DIRECTOR OF GOVERNMENT AFFAIRS 40.00 X 108415 0 11996 1026557 0 83166 5 0 1 0 LEGLESCO 1836 FAIRVIEW STREET HOUSTON TX 77096 GRAPHIC DESIGN 102000 1 TRADESHOW AND CONFEREN 900099 2102705 2102705 MEMBERSHIP DUES 900099 1590612 1590612 SPONSORSHIP 900099 260959 260959 ADVERTISING INCOME 541800 46675 46675 MEETINGS 900099 33135 33135 30289 30289 4064375 50592 50592 314242 326269 25505 -12027 -25505 -37532 -37532 4077435 4017700 46675 13060 833409 562521 32766 62126 86517 374186 89781 122651 13692 65067 149727 168614 1126576 24574 10863 BOARD & COMMITTEE MEETI 174955 INDUSTRY RELATIONS 161499 LEGISLATIVE AFFAIRS 102551 BANK AND CREDIT CREDIT 77252 291343 4530670 785905 447696 128942 485 329947 434498 93604 73843 51689 19761 1452976 1568320 49229 37101 157938 61130 2956626 2568991 201439 359825 1886805 1820766 165910 0 2254154 2180591 X 702472 388400 702472 388400 2956626 2568991 -453235 139163 0 X X 1 X 0 1 0 0 0 0 1590612 36020 -104310 -68290 159061 -227351 51779 32018 19761 41825 41825 0 19761 MORGAN STANLEY - EMERGENCY 1164227 F MORGAN STANLEY - STRATEGIC 404093 F 1568320 X PART X, LINE 2: IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ACCOUNTING STANDARDS REQUIRE AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. X 0 0 0 KATHRYN CLAY PRESIDENT 333714 0 55000 0 0 0 19292 0 2104 0 410110 0 0 0 LEAKHENA SWETT EXECUTIVE VICE PRESIDENT 202004 0 23000 0 0 0 13500 0 742 0 239246 0 0 0 MICHAEL STROUD JR VICE PRESIDENT OF GOVERNMENT RELATIO 165846 0 0 0 0 0 6480 0 11726 0 184052 0 0 0 MEREDITH DEZEMLER SENIOR DIRECTOR OF EVENTS AND MEMBER 128578 0 10000 0 0 0 8315 0 9011 0 155904 0 0 0 PART I, LINE 3 THE BOARD WILL APPROVE THE CEO'S SALARY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION A, LINE 6 ILTA IS COMPOSED SOLELY OF CORPORATE MEMBERS. ILTA MEMBERS FALL INTO ONE OF THREE CATEGORIES, TWO OF THOSE CATEGORIES ARE FOR COMPANIES IN THE TERMINAL BUSINESS, INCLUDING FOR HIRE AND INTERNATION TERMINALS. THE THIRD CATEGORY IS SUPPLIER MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH YEAR, AT THE ANNUAL MEETING, THE MEMBERS OF THE ASSOCIATION ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B EACH YEAR, AT THE ANNUAL MEETING, THE MEMBERS OF THE ASSOCIATION APPROVE THE ANNUAL BUDGET FOR THE NEXT YEAR BY PROXY VOTE TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE PRESIDENT TO REVIEW BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. A COPY IS ALSO PROVIDED TO THE TREASURER. BOTH OFFICERS ARE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C DISCLOSURES OF POTENTIAL CONFLICTS OF INTEREST OF BOARD MEMBERS, OFFICERS AND THE PRESIDENT OF ILTA SHOULD BE MADE TO THE BOARD OPERATIONS COMMITTEE. THE COMMITTEE SHALL DETERMINE WHETHER A CONFLICT EXISTS AND WHETHER IT IS MATERIAL. IF A CONFLICT IS FOUND TO BE MATERIAL, THE COMMITTEE SHALL DETERMINE WHETHER THE CONTEMPLATED TRANSACTION SHALL BE DISAPPROVED, OR WHETHER IT SHOULD NEVERTHELESS BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO ILTA. IN MAKING THESE DECISIONS, THE COMMITTEE SHALL HAVE DISCRETION TO TAKE FINAL ACTION OR REFER THE MATTER TO THE BOARD OF DIRECTORS FOR A FINAL DECISION. THE PERSON MAKING THE DISCLOSURE TO THE COMMITTEE SHALL NOT BE PRESENT DURING COMMITTEE OR BOARD DISCUSSION OR DECISION ON THE MATTER. HOWEVER, THAT PERSON SHALL PROVIDE THE COMMITTEE OR THE BOARD WITH ALL RELEVANT INFORMATION. STAFF DISCLOSURES SHOULD BE MADE TO THE PRESIDENT OF ILTA, WHO SHALL DETERMINE WHETHER A CONFLICT EXISTS AND WHETHER IT IS MATERIAL. IF A CONFLICT IS FOUND TO BE MATERIAL, THE PRESIDENT SHALL BRING IT TO THE ATTENTION OF THE BOARD OPERATIONS COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD MEMBERS WILL EVALUATE AND DETERMINE THE PAY AT BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 ILTA'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WILL BE MADE AVAILABLE UPON REQUEST. FROM 990, PART XII, LINE 2C THE ASSOCIATION HAS NOT CHANGED ITS PROCESS REGARDING THE OVERSIGHT OF THE INDEPENDENT AUDIT AND SELECTION OF INDEPENDENT AUDITORS DURING THE FISCAL YEAR. INTERNATIONAL LIQUID TERMINALS ASSOCITION POLITICAL ACTION COMMITTEE 1005 N GLEBE RD SUITE 600 ARLINGTON VA 22201 POLITICAL ACTIVITY VA 527 N/A INTERNATIONAL LIQUID TERMINALS ASSOCIATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0