2024-11-14T10:09:01-06:00 2023-12-31 453048812 BESTEN & DIERUF PLLC 190 MARKET STREET LEXINGTON KY 40507 990 2023-01-01 362976270 AVIATION INSURANCE ASSOCIATION AVIA 8592193545 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 MARY E GRATZER PMP EXECUTIVE DIRECTOR 8592193545 2024-10-24 1 1 ANDREW H DIERUF CPA P01239897 8592544427 2023 2024-10-15 13:58:12Z MARY E GRATZER PMP 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 864366 0 X WWW.AIAWEB.ORG X 1977 KS PROVIDE INFORMATION AND EDUCATION FOR MEMBERS ABOUT AVIATION INSURANCE. 17 17 0 17 0 0 0 0 713877 863453 0 10 75 903 713952 864366 0 0 0 0 0 0 0 0 0 704128 831305 704128 831305 9824 33061 458481 490966 155650 155074 302831 335892 THE AVIATION INSURANCE ASSOCIATION IS COMMITTED TO ENHANCING THE AVIATION INSURANCE INDUSTRY WORLDWIDE AND THE PROFESSIONAL LIVES OF THOSE WHO WORK IN IT THROUGH A VARIETY OF PROGRAMS AND SERVICES. 0 0 213726 154046 MEMBERSHIP: NETWORKING AND DEVELOPING RELATIONSHIPS WITH OTHERS IN THE AVIATION INSURANCE INDUSTRY.EDUCATIONAL PROGRAMS: SELF-STUDY AND CLASSROOM TRAINING FOR NEW EMPLOYEES, TO MEET CIE REQUIREMENTS AND QUALIFICATION FOR THE PRESTIGIOUS CAIP DESIGNATION. REDUCED REGISTRATION FEES TO ALL AIA MEETINGS AND EDUCATIONAL PROGRAMS.INDUSTRY PUBLICATION: THE BINDER, PUBLISHED FOUR TIMES PER YEAR. 509290 634738 CONFERENCES: A VENUE TO TRADE EXPERIENCES, CREATE BUSINESS PARTNERSHIPS, AND DISCUSS THE CURRENT STATE OF THE INDUSTRY FROM EACH SEGMENT OF THE ASSOCIATION. NETWORK WITH YOUR PEERS OVER COCKTAILS DURING THE OPENING RECEPTION, GET INDEPTH KNOWLEDGE AT THE CONTINUING EDUCATION SESSIONS, AND LEARN WHAT IS TO COME FOR THE AVIATION INSURANCE INDUSTRY FROM LEADERS IN AVIATION FROM AROUND THE WORLD. 23724 75572 EDUCATION: THE ASSOCIATION OFFERS SEVERAL PROGRAMS TO THOSE INTERESTED IN ENHANCING THEIR INDUSTRY KNOWLEDGE, SOME OF THE CLASSES WE OFFER WILL HELP THOSE NEW TO THE INDUSTRY GET ACCLIMATED TO THE FIELD WHILE OTHERS ARE DESIGNED TO HELP PROFESSIONALS EARN THEIR CERTIFIED AVIATION INSURANCE PROFESSIONAL DESIGNATION. WE EVEN OFFER CONTINUING EDUCATION CREDITS FOR SEVERAL CLASSES TO HELP YOU KEEP UPTODATE WITH YOUR STATE REQUIREMENTS. 746740 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 X 17 17 0 1 0 0 1 1 1 1 1 0 0 1 1 0 1 0 0 0 0 0 X MARY E GRATZER PMP 8592193545 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 X CHRISTOPHER S MORIN PRESIDENT 1.00 X X 0 0 0 IAN WRIGGLESWORTH VICE PRESIDENT 1.00 X X 0 0 0 NICOLE WOLFE STOUT TREASURER 1.00 X X 0 0 0 LUKE UITHOVEN SECRETARY 1.00 X X 0 0 0 DAVID HAMPSON DIRECTOR 0.50 X 0 0 0 MICHAEL MCGRORY DIRECTOR 0.50 X 0 0 0 DAVID GOURGUES DIRECTOR 0.50 X 0 0 0 RAFFAELLA BASILE DIRECTOR 0.50 X 0 0 0 WESLEY COLLIER DIRECTOR 0.50 X 0 0 0 ANDY TRUNDLE DIRECTOR 0.50 X 0 0 0 CHRISTOPHER ARNOLD DIRECTOR AT LARGE 0.50 X 0 0 0 DAVID WATTS DIRECTOR AT LARGE 0.50 X 0 0 0 GREG STERLING IMMEDIATE PAST PRESIDENT 0.50 X 0 0 0 KRISTEN SUAREZ DIRECTOR-ELECT 0.50 X 0 0 0 JEFF SHEETS DIRECTOR-ELECT 0.50 X 0 0 0 JEFF SUTTON DIRECTOR 0.50 X 0 0 0 BOB WILLIAMS GENERAL COUNSEL 0.50 X 0 0 0 0 0 0 0 0 0 0 ASSOCIATIONS INTERNATIONAL LLC 2365 HARRODSBURG RD STE A325 LEXINGTON KY 40504 MANAGEMENT FEES 258428 1 CONFERENCE REGISTRATIO 541900 614958 614958 MEMBERSHIP DUES AND FE 541900 153143 153143 EDUCATION PROGRAMS 541900 66772 66772 SPECIAL EVENTS 541900 19780 19780 NEWSLETTER PUBLICATION 541900 8800 8800 863453 10 10 OTHER INCOME 541900 903 903 903 864366 864356 0 10 258428 206742 51686 7100 2370 4730 27721 23400 4321 5505 5105 400 46930 39004 7926 338732 338645 87 3760 246 3514 EVENT EXPENSE 91561 91561 BANK FEES 32085 25374 6711 STATE FEES 8884 8884 MEMBERSHIP AWARDS 5409 5409 5190 5190 831305 746740 84565 0 382092 418212 5700 19627 66398 53127 4291 0 458481 490966 3835 15584 151085 139490 730 0 155650 155074 X 302831 335892 302831 335892 458481 490966 33061 0 X 0 0 0 0 X PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION. IT IS, HOWEVER, SUBJECT TO INCOME TAXES ON "UNRELATED BUSINESS INCOME," OF WHICH MANAGEMENT HAS DETERMINED THERE WAS NONE FOR THE CURRENT PERIOD. 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 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 THE END OF THE CURRENT PERIOD, 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. THE ASSOCIATION'S FEDERAL EXEMPT INFORMATION RETURNS (FORM 990) ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT SERVICES ARE OUTSOURCED TO A THIRD-PARTY ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS DESIGNATED AVIATION INSURANCE PROFESSIONAL INTEREST GROUPS FOR ITS MEMBERS, KNOWN AS DIVISIONS. EACH MEMBER OF THE ASSOCIATION MAY BELONG TO ONE OF THESE DIVISIONS. THE BOARD OF DIRECTORS MAY CHANGE THE DIVISIONS AT ITS DISCRETION. THERE ARE TIERED LEVELS OF MEMBERSHIP DUES AS DESCRIBED AT HTTPS://WWW.AIAWEB.ORG/JOIN-AIA.ASPX. FORM 990, PART VI, SECTION A, LINE 7A AT A BOARD MEETING HELD AT THE TIME OF THE ANNUAL MEETING OF THE MEMBERS, THE BOARD OF DIRECTORS SHALL NOMINATE AND ELECT BY MAJORITY VOTE : (I) FOR TWOYEAR TERMS THE PRESIDENT, AND VICE PRESIDENT (IF THEIR TERMS ARE EXPIRING), AND THE TREASURER OR SECRETARY (IF THEIR TERMS ARE EXPIRING), (II) FOR ONEYEAR TERMS TWO DIRECTORSATLARGE, AND (III) FOR A TWOYEAR TERM THE INTERNATIONAL DIRECTOR. DIRECTORELECTS OF THE FIVE (5) PROFESSIONAL DIVISIONS (UNDERWRITERS, AGENTS/BROKERS, REINSURANCE, CLAIMS, AND ATTORNEYS) RE ELECTED IN STAGGERED YEARS AT A MEETING OF EACH DIVISION'S MEMBERS, BY A PLURALITY VOTE OF DIVISION MEMBERS THEN PRESENT, DURING THE ANNUAL MEETING OF THE ASSOCIATION. THE UNDERWRITERS, AND ATTORNEYS DIVISION ELECTIONS TAKE PLACE IN EVENNUMBERED YEARS THE AGENTS/BROKERS, AND CLAIMS DIVISION ELECTIONS TAKE PLACE IN ODD-NUMBERED YEARS. THE REINSURANCE DIRECTOR SHALL BE APPOINTED BY THE BOARD EVERY TWO (2) YEARS. THE CURRENT VICE PRESIDENT, IF A CANDIDATE FOR PRESIDENT, SHALL BE ELECTED PRESIDENT UNLESS THREEQUARTERS OF THE BOARD MEMBERS PRESENT VOTE OTHERWISE. ALL CANDIDATES FOR PRESIDENT AND VICE PRESIDENT MUST, AT THE TIME OF THEIR ELECTION, BE A CURRENT MEMBER OF THE BOARD, AND MUST HAVE SERVED AT LEAST ONE FULL TWOYEAR TERM IN ANY BOARD POSITION. FORM 990, PART VI, SECTION A, LINE 7B THE PROPERTY AND BUSINESS OF THE ASSOCIATION SHALL BE MANAGED BY ITS BOARD OF DIRECTORS, WHICH SHALL CONSIST OF THE PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER (THESE FOUR DIRECTORS ARE THE OFFICERS) THE IMMEDIATE PAST PRESIDENT, TWO ATLARGE DIRECTORS, AN INTERNATIONAL DIRECTOR, AND ONE DIRECTOR EACH FROM THE FOLLOWING MEMBERSHIP DIVISIONS: UNDERWRITERS, AGENTS/BROKERS, EINSURANCE, CLAIMS, AND ATTORNEYS. ONLY PREMIER MEMBERS AND EXECUTIVE MEMBERS HAVING "ACTIVE PROFESSIONAL" STATUS SHALL SERVE ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A CPA FIRM WITH ASSISTANCE FROM THE ASSOCIATION. THE 990 IS PROVIDED TO THE FULL BOARD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST GUIDELINES ARE REVIEWED ANNUALLY WITH EACH DIRECTOR DURING THE FALL BOARD MEETING TO DETERMINE IF THERE ARE ANY CONFLICTS OF INTEREST. IF AT THAT TIME IT IS DETERMINED THAT THERE IS A CONFLICT OF INTEREST, THE AFFECTED INDIVIDUAL SHALL LEAVE THE BOARD ROOM WHILE THE MATTER IS DISCUSSED AND A VOTE, IF ANY, SHALL BE RECORDED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION 2365 HARRODSBURG RD STE A325 LEXINGTON KY 40504 262603448 EDUCATION MO 501(C)(3) LINE 12A, I AVIATION INSURANCE ASSOCIATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0