2024-09-04T10:07:09-05:00 2023-12-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2023-01-01 510470980 ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC ALTE 3176634180 450 EAST 96TH STREET 185 INDIANAPOLIS IN 46240 JOHN HARRISON EXECUTIVE DIRECTOR 3176634180 2024-08-27 1 1 ANGELA N CRAWFORD CPA P00573197 3178488920 2024-08-27 2023 2024-08-08 14:25:15Z JOHN HARRISON 450 EAST 96TH STREET 185 INDIANAPOLIS IN 46240 4750232 0 X WWW.ADISA.ORG X 2003 DE THE ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION IS A NATIONAL TRADE ASSOCIATION SERVING PROFESSIONALS WHO OFFER AND DISTRIBUTE ALL FORMS OF ALTERNATIVE AND DIRECT INVESTMENTS. 19 19 4 16 0 0 0 0 4462078 4590967 8739 159195 0 70 4470817 4750232 15000 15000 0 0 820135 878993 0 0 0 2673921 3249015 3509056 4143008 961761 607224 4271776 4792797 619656 521069 3652120 4271728 THE ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION IS A NATIONAL TRADE ASSOCIATION SERVING PROFESSIONALS WHO OFFER AND DISTRIBUTE ALL FORMS OF ALTERNATIVE AND DIRECT INVESTMENTS. 0 0 EDUCATIONAL CONFERENCES: SEMINARS AND CONFERENCES ARE HELD THROUGHOUT THE YEAR. THESE CONFERENCES ARE FOR MEMBER COMPANY OWNERS AND OTHERS. REGULAR MEMBERSHIP MEETINGS: REGULAR MEETINGS ARE HELD TO EDUCATE AND INFORM MEMBERS AND OTHERS ON SUBJECTS RELATED TO NON-TRADED ALTERNATIVE INVESTMENT ISSUES. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 4 1 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X THE ORGANIZATION 3176634180 450 EAST 96TH STREET 185 INDIANAPOLIS IN 46240 JOHN HARRISON EXECUTIVE DIRECTOR/CEO 40.00 X 309035 0 40359 TANISHA BIBBS DIRECTOR OF BUSINESS DEVELOPMENT & EVENTS 40.00 X 186853 0 22751 ERIN BALCERZAK DIRECTOR OF MEMBERSHIP & DATA SERVICES 40.00 X 106570 0 15020 MICHAEL UNDERHILL PRESIDENT 1.00 X X 0 0 0 JOHN GRADY VICE PRESIDENT 1.00 X X 0 0 0 MARK KOSANKE TREASURER 1.00 X X 0 0 0 CATHERINE BOWMAN SECRETARY 1.00 X X 0 0 0 ANGELA BARBERA DIRECTOR 1.00 X 0 0 0 SHERRI COOKE IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 MAT DELLORSO DIRECTOR 1.00 X 0 0 0 MATTHEW IAK DIRECTOR 1.00 X 0 0 0 KARLTON KLEIS DIRECTOR-AT-LARGE 1.00 X 0 0 0 SYLVIA KWAN DIRECTOR 1.00 X 0 0 0 STEPHEN F LOVELL DIRECTOR 1.00 X 0 0 0 GREG MAUSZ DIRECTOR-AT-LARGE 1.00 X 0 0 0 JADE MILLER PRESIDENT - ELECT 1.00 X 0 0 0 ANN K MOORE DIRECTOR 1.00 X 0 0 0 DAVID PITTMAN DIRECTOR 1.00 X 0 0 0 JEFF SHAFER DIRECTOR-AT-LARGE 1.00 X 0 0 0 AMANDA TEEPLE DIRECTOR 1.00 X 0 0 0 BRAD UPDIKE DIRECTOR 1.00 X 0 0 0 DAVID WILSON DIRECTOR-AT-LARGE 1.00 X 0 0 0 602458 0 78130 3 0 1 0 HILLSTAFFER LLC 2001 L STREET NORTHWEST SUITE 500 WASHINGTON DC 20036 ADVOCACY AND DIRECT LOBBYING 222956 LEADING AUTHORITIES INC 1725 I ST NW SUITE 200 WASHINGTON DC 20006 SPEAKERS 164150 TURNER PRODUCTION & DESIGN LLC 12707 PERSONS ROAD BOW WA 98232 VIDEO CREATION AND EDITING 150130 3 ANNUAL CONFERENCE 541900 2036528 2036528 SPRING CONFERENCE 541900 1250277 1250277 DUES AND MEMBERSHIP 541900 884816 884816 DUE DILIGENCE-REGISTRA 541900 419346 419346 4590967 159195 159195 MISCELLANEOUS INCOME 900099 70 70 70 4750232 4590967 0 159265 15000 349394 431046 19214 35635 43704 6434 97449 1452 239025 274388 222488 62987 20532 302403 1893898 43045 19027 VIDEO SERIES 35033 PROFESSIONAL DEVELOPMEN 22024 AWARDS 5723 MISCELLANEOUS 3107 4143008 2791162 3539645 1023633 1057912 659 349569 145655 236204 213798 59018 22406 48394 26520 4271776 4792797 217242 87980 355812 408361 46602 24728 619656 521069 X 3652120 4271728 3652120 4271728 4271776 4792797 607224 12384 0 X X 0 1 X 1 0 0 0 1 884816 1452 1452 88482 -87030 7874 4845 3029 44133 36114 8019 184197 172839 11358 22406 OPERATING LEASE LIABILITY 24728 24728 X 4762616 12384 12384 4750232 0 4750232 4143008 0 4143008 0 4143008 PART X, LINE 2: THE ASSOCIATION IS A NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE UNITED STATES INTERNAL REVENUE CODE AND SIMILAR STATE LAW. AS SUCH, THE ASSOCIATION IS GENERALLY EXEMPT FROM INCOME TAXES. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. HOWEVER, THE ASSOCIATION IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND A CORRESPONDING STATE RETURN, WHICH ARE INFORMATIONAL RETURNS ONLY. THE ASSOCIATION HAS FILED ITS FEDERAL AND STATE INFORMATIONAL RETURNS FOR PERIODS THROUGH DECEMBER 31, 2022. THESE INFORMATIONAL RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 0 ADISA FOUNDATION 10401 N MERIDIAN ST SUITE 202 CARMEL IN 46290 205624278 501(C)(3) 15000 0 GENERAL CONTRIBUTION 1 X 0 0 0 JOHN HARRISON EXECUTIVE DIRECTOR/CEO 259035 0 50000 0 0 0 13997 0 26362 0 349394 0 0 0 TANISHA BIBBS DIRECTOR OF BUSINESS DEVELOPMENT & E 174353 0 12500 0 0 0 9651 0 13100 0 209604 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE PROFESSIONALS WHO OFFER AND MANAGE PRIVATE PLACEMENTS, DIRECT PARTICIPATION PROGRAMS AND ALTERNATIVE INVESTMENTS. FORM 990, PART VI, SECTION A, LINE 7A THERE IS AN ELECTRONIC VOTING SYSTEM IN PLACE THAT MEMBERS USE TO ELECT BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR OF ALTERNATIVE AND DIRECT INVESTMENTS SECURITIES ASSOCIATION, INC. (ADISA) SHALL ENSURE THAT TAX PAYMENTS AND OTHER GOVERNMENT-REGULATED PAYMENT OR FILINGS REQUIRED BY ADISA ARE FILED IN A TIMELY AND ACCURATE MANNER. THE TREASURER WILL REVIEW THE 990 ELECTRONICALLY PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALTERNATIVE DIRECT INVESTMENT SECURITIES ASSOCIATION, INC. REQUIRES ALL BOARD MEMBERS TO SIGN AN ANNUAL DECLARATION OF ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A ADISA'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR. A REVIEW OF THE EXECUTIVE DIRECTOR IS PERFORMED BY THE INCOMING AND OUTGOING PRESIDENTS. EXECUTIVE DIRECTOR SALARIES IN COMPARABLE POSITIONS THROUGHOUT THE MIDWEST ARE ALSO CONSIDERED. A RECOMMENDATION OF ANY PAY RAISE IS PRESENTED TO THE EXECUTIVE COMMITTEE FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104 (D) OF THE INTERNAL REVENUE CODE AND THE REGULATIONS THEREUNDER, COPIES OF THE IRS FORM 990 OF ADISA SHALL BE MADE AVAILABLE, UPON REQUEST, IN A TIMELY MANNER, AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUALS WHO REQUEST IT. OTHER GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS SHALL BE MADE AVAILABLE FOR REVIEW BY APPOINTMENT WITH THE EXECUTIVE DIRECTOR. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS AND THE SELECTION PROCESS DID NOT CHANGE DURING THE TAX YEAR.