2025-11-17T10:27:33-06:00 2024-12-31 310800053 CLARK SCHAEFER HACKETT & CO 3505 COOLIDGE RD EAST LANSING MI 48823 990 2024-01-01 300876454 ACADEMY OF INTERNATIONAL BUSINESS ACAD 5174321452 667 N SHAW LN EPPLEY CENTER 413 EAST LANSING MI 48824 TUNGA KIYAK EXECUTIVE DIRECTOR 5174321452 2025-11-12 1 0 RENEA R IRICK P01586814 5173515508 2025-11-12 2024 2025-03-06 01:10:19Z TUNGA KIYAK 667 N SHAW LN EPPLEY CENTER 413 EAST LANSING MI 48824 2147117 0 X AIB.MSU.EDU & AIB.WORLD X 2015 MI WE CREATE, NURTURE, AND EMPOWER A GLOBAL COMMUNITY OF SCHOLARS FOCUSED ON CREATING, ADVANCING, AND DISSEMINATING KNOWLEDGE IN INTERNATIONAL BUSINESS RESEARCH, EDUCATION, POLICY, AND PRACTICE. 9 9 0 135 0 0 131865 121585 1451046 1722002 56279 244674 280 157 1639470 2088418 59414 120439 0 0 151333 211044 0 0 0 1080492 1648479 1291239 1979962 348231 108456 3818278 4067990 146498 230262 3671780 3837728 X WE CREATE, NURTURE, AND EMPOWER A GLOBAL COMMUNITY OF SCHOLARS FOCUSED ON CREATING, ADVANCING, AND DISSEMINATING KNOWLEDGE IN INTERNATIONAL BUSINESS RESEARCH, EDUCATION, POLICY, AND PRACTICE. 0 0 1410718 120439 821477 THE ACADEMY OF INTERNATIONAL BUSINESS HELD ITS ANNUAL CONFERENCE IN SEOUL, SOUTH KOREA, HOSTING MORE THAN 1000 MEMBERS. AS THE PREMIER GLOBAL COMMUNITY OF INTERNATIONAL BUSINESS SCHOLARS, AIB USED THIS EVENT AS AN OPPORTUNITY TO INNOVATE THE WAYS RESEARCHERS CONNECT, SHARE KNOWLEDGE, AND EXPAND THEIR SKILLSETS. VISIT THE AIB 2024 ONLINE WEBPAGE FOR MORE INFORMATION. ALL PROGRAM DETAILS WITH INFORMATION ON PROGRAM, SCHOLARSHIPS, AWARDS, PHOTOS, AND MORE CAN BE FOUND AT: HTTPS://WWW.AIB.WORLD/EVENTS/2024/. PROVIDED 57 DOCTORAL STUDENTS RECEIVED TRAVEL SCHOLARSHIPS TOTALING $ 67,529 ($1,185 PP ON AVERAGE, PROCESSED AS COMPLIMENTARY CONFERENCE FEES, MEMBERSHIPS, AND DIRECT LODGING CHARGES) TO ATTEND THE 2024 AIB ANNUAL CONFERENCE IN SEOUL, SOUTH KOREA. THE SCHOLARSHIPS ARE GIVEN TO ENCOURAGE NEW PHD STUDENTS TO ENTER AND THE FIELD OF INTERNATIONAL BUSINESS. VISIT HTTPS://WWW.AIB.WORLD/EVENTS/2024/ATTEND/DOCTORAL-STUDENT-STIPENDS/ FOR MORE INFORMATION 165416 465149 PRODUCED TWO INTERNATIONAL JOURNALS THAT ARE DISTRIBUTED TO AND BENEFIT ALL MEMBERS. THE JOURNAL OF INTERNATIONAL BUSINESS STUDIES (JIBS) WHICH IS PUBLISHED 9 TIMES PER YEAR. VISIT: HTTPS://WWW.AIB.WORLD/PUBLICATIONS/JOURNAL-OF-INTERNATIONAL-BUSINESS-STUDIES/ AND THE JOURNAL OF INTERNATIONAL BUSINESS POLICY (JIBP) WHICH IS PUBLISHED 4 TIMES PER YEAR. FOR MORE DETAILED INFORMATION VISIT: HTTPS://WWW.AIB.WORLD/PUBLICATIONS/JOURNAL-OF-INTERNATIONAL-BUSINESS-POLICY/ 435690 ADDITIONAL MEMBER PUBLICATIONS INCLUDE THE AIB NEWSLETTER HTTPS://WWW.AIB.WORLD/PUBLICATIONS/AIB-NEWSLETTER/AND AIB INSIGHTS HTTPS://WWW.AIB.WORLD/PUBLICATIONS/AIB-INSIGHTS/. ORGANIZED 30 ONLINE WEBINARS AND WORKSHOPS. DISCUSSED LATEST RESEARCH FINDINGS. PROVIDED PROFESSIONAL DEVELOPMENT OPPORTUNITIES. DISCUSSED BEST PRACTICES AND NEW TECHNIQUES AND SKILLS IN PEDAGOGY. FOR INFORMATION ON AIB WEBINARS, PLEASE VISIT HTTPS://WWW.AIB.WORLD/EVENTS/. THE AIB-CIBER DOCTORAL ACADEMY (ACDA) IS A GLOBAL INITIATIVE DESIGNED TO SUPPORT EARLY-STAGE DOCTORAL STUDENTS IN THE FIELD OF INTERNATIONAL BUSINESS. THIS TWO-YEAR PROGRAM OFFERS VIRTUAL SEMINARS, PERSONALIZED MENTORING, AND VALUABLE NETWORKING OPPORTUNITIES WITH SENIOR SCHOLARS TO SUPPORT THEIR ACADEMIC AND PROFESSIONAL DEVELOPMENT AND BUILD A STRONG GLOBAL NETWORK OF EMERGING IB RESEARCHERS. FOR MORE DETAILS, VISIT: HTTPS://WWW.AIB.WORLD/EVENTS/DOCTORAL-ACADEMY/. 1576134 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X TUNGA KIYAK 5174321452 667 N SHAW LANE EPPLEY CENTER ROOM EAST LANSING MI 488241121 X PETER LIESCH IMMEDIATE PAST PRESIDENT 23-24 10.00 X X 0 0 0 GARY KNIGHT PRESIDENT 24-25 10.00 X X 0 0 0 TORBEN PEDERSEN PRESIDENT ELECT 25-26 5.00 X X 0 0 0 CATHERINE WELCH VP PROGRAM PAST 23-24 10.00 X X 0 0 0 SRILATA ZAHEER VP PROGRAM 24-25 10.00 X X 0 0 0 SJOERD BEUGELSDIJK VP PROGRAM 25-26 5.00 X X 0 0 0 VAS TARAS VP ADMIN 22-25 5.00 X X 0 0 0 LIENA KANO VP ADMIN 23-26 5.00 X X 0 0 0 JANE LU VP ADMIN 24-27 5.00 X X 0 0 0 TUNGA KIYAK EXECUTIVE DIRECTOR 35.00 X 79685 0 23371 BERNICE DAVENPORT TREASURER 35.00 X 77642 0 30346 IEVA KULE MANAGING DIRECTOR 35.00 X 78147 0 27603 235474 0 81320 0 0 0 0 0 121585 121585 ANNUAL CONFERENCE 561500 816320 816320 MEMBERSHIP DUES 541900 435533 435533 JOURNAL ROYALTIES 513190 351849 351849 EDITORIAL 513120 113300 113300 CONFERENCE EXHIBIT SAL 459420 5000 5000 1722002 107335 107335 196038 58699 137339 137339 137339 WIRE TRANSFER INCOME 900099 157 157 157 2088418 1722159 0 244674 49409 49409 71030 71030 211044 211044 3170 3170 18723 18723 12685 12685 77 77 14876 14876 1070382 1070382 3700 3700 CONTRACTED SERVICES 244551 136679 107872 JIBS & JIBP EXPENSES 165416 165416 AIB CYBER DOCTORAL ACAD 79518 79518 ADMINISTRATIVE 35381 35381 1979962 1576134 403828 0 358375 315194 884233 818341 349019 363350 66119 2226651 2403148 101838 3818278 4067990 10010 90446 136488 139816 146498 230262 X 3551330 3679137 120450 158591 3671780 3837728 3818278 4067990 108456 -51508 109000 0 X X 0 1 X 1 0 X 19663 19925 36341 131865 121585 329379 916435 842148 1119251 1451326 1722002 6051162 936098 862073 1155592 1583191 1843587 6380541 14500 35000 22000 71500 373994 302552 280695 310184 291698 1559123 373994 302552 295195 345184 313698 1630623 4749918 40798 76216 71618 83993 107335 379960 40798 76216 71618 83993 107335 379960 20392 -17029 -13867 -10504 997288 921260 1213343 1667184 1950922 6749997 0.70370 0.68610 0.05630 0.05270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2677438 185284 287427 12420 2562875 2248254 214729 223313 8858 2677438 2767991 -338544 172196 8997 2248254 2390304 274841 111089 8243 2767991 1869971 351856 174192 5715 2390304 1.00000 0 0 0 X 2024225 -51508 -51508 2075733 12685 12685 2088418 1967277 0 1967277 12685 12685 1979962 PART X, LINE 2: THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS UNDER A MORE LIKELY THAN NOT THRESHOLD AS REQUIRED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. AS OF DECEMBER 31, 2024, THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. AT DECEMBER 31, 2024, THE ORGANIZATION'S FEDERAL TAX RETURNS GENERALLY REMAIN OPEN FOR THE LAST THREE YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSE PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSE 1 0 0 0 0 0 0 0 0 0 CONFERENCE REGISTRATION FEE AND/OR MEMBERSHIP FEE AND DIRECT LODGING CHARGES EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 27 28919 CONFERENCE REGISTRATION FEE AND/OR MEMBERSHIP FEE AND DIRECT LODGING CHARGES NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 9 8966 CONFERENCE REGISTRATION FEE AND/OR MEMBERSHIP FEE AND DIRECT LODGING CHARGES RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 2 1325 CONFERENCE REGISTRATION FEE AND/OR MEMBERSHIP FEE AND DIRECT LODGING CHARGES SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 10 865 CONFERENCE REGISTRATION FEE AND/OR MEMBERSHIP FEE AND DIRECT LODGING CHARGES SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 30 4185 CONFERENCE REGISTRATION FEE AND/OR MEMBERSHIP FEE AND DIRECT LODGING CHARGES SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 6 1920 CONFERENCE REGISTRATION FEE AND/OR MEMBERSHIP FEE AND DIRECT LODGING CHARGES MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 1 1585 CONFERENCE REGISTRATION FEE AND/OR MEMBERSHIP FEE AND DIRECT LODGING CHARGES EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 27 23265 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION MAINTAINS A STRUCTURED PROCESS TO ENSURE THAT GRANT FUNDS DISTRIBUTED OUTSIDE THE UNITED STATES ARE USED APPROPRIATELY, EFFECTIVELY, AND IN ALIGNMENT WITH OUR MISSION AND DONOR INTENT. 1. PRE-AWARD ASSESSMENT- BEFORE AWARDING A GRANT, APPLICANTS ARE REQUIRED TO SUBMIT A GRANT APPLICATION OUTLINING THE INTENT FOR THE FUNDS. 2. GRANT AGREEMENT AND COMPLIANCE REQUIREMENTS EACH AWARDEE IS REQUIRED TO SIGN AN AGREEMENT STATING THAT THE FUNDS WILL ONLY BE USED FOR THE PURPOSES OUTLINED IN THEIR APPLICATION 3. ONGOING MONITORING AND COMMUNICATION GRANTEES ARE CONTACTED TWICE A YEAR TO ENSURE THEY SUBMIT REIMBURSEMENT REQUESTS WITHIN THE SAME YEAR THE EXPENSES WERE INCURRED AND TO GATHER FEEDBACK ON THEIR RESEARCH PROGRESS. THESE REGULAR CHECK-INS HELP CONFIRM THAT ACTIVITIES ARE ON TRACK AND THAT ANY CHALLENGES ARE IDENTIFIED AND ADDRESSED PROMPTLY. 4. FINANCIAL REPORTING - AIB OVERSEES THE AWARD MONEY, BUT GRANTEES ARE REQUIRED TO SUBMIT RECEIPTS OR REQUEST DIRECT PAYMENT FOR EXPENDITURES. 1 CONFERENCE REGISTRATION FEE AND/OR MEMBERSHIP FEE AND DIRECT LODGING CHARGES 15 49409 FORM 990, PART V, LINE 2: EMPLOYEES ARE NOT PAID DIRECTLY BY THE ORGANIZATION, BUT LEASED FROM ANOTHER UNRELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 ALL MEMBERS OF THE ASSOCIATION ARE ELIGIBLE TO NOMINATE CANDIDATES TO THE BOARD, HOWEVER THE NOMINATING COMMITTEE DECIDES ON THE FINAL SLATE. ONLY EXCEPTION IS THAT IF A CANDIDATE RECEIVES SIGNED NOMINATIONS FROM TWO PERCENT OF THE MEMBERSHIP, THEY ARE AUTOMATICALLY ELIGIBLE TO BE INCLUDED IN THE SLATE. ONCE THE SLATE IS PUBLISHED, ALL CURRENT MEMBERS GET ONE VOTE TO ELECT THE BOARD MEMBERS FROM THE FINAL SLATE. MAJORITY VOTE GETTERS FOR EACH POSITION ARE ELECTED TO THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS OF THE ASSOCIATION ARE ELIGIBLE TO NOMINATE CANDIDATES TO THE BOARD, HOWEVER THE NOMINATING COMMITTEE DECIDES ON THE FINAL SLATE. ONLY EXCEPTION IS THAT IF A CANDIDATE RECEIVES SIGNED NOMINATIONS FROM TWO PERCENT OF THE MEMBERSHIP, THEY ARE AUTOMATICALLY ELIGIBLE TO BE INCLUDED IN THE SLATE. ONCE THE SLATE IS PUBLISHED, ALL CURRENT MEMBERS GET ONE VOTE TO ELECT THE BOARD MEMBERS FROM THE FINAL SLATE. MAJORITY VOTE GETTERS FOR EACH POSITION ARE ELECTED TO THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION A, LINE 7B MEMBERSHIP DUES INCREASES OF 20% OR MORE MUST BE SUBMITTED TO THE ACADEMY MEMBERSHIP FOR RATIFICATION VOTED ON EITHER AT THE ANNUAL MEETING OR BY A SPECIAL BALLOT COMMUNICATED BY MAIL OR ELECTRONICALLY. ADDITIONALLY, PROPOSALS TO AMEND THE BYLAWS WILL BE COMMUNICATED TO THE VOTING MEMBERSHIP WHEN ENDORSED IN WRITING BY AT LEAST 10 PERCENT OF THE VOTING MEMBERS OR 35 MEMBERS, WHICHEVER IS LARGER, OR ENDORSED BY A MAJORITY OF THE MEMBERS IN ATTENDANCE AT THE ANNUAL MEETING, OR ENDORSED BY A MAJORITY OF THE EXECUTIVE BOARD. AMENDMENT TO THIS BYLAWS SHALL BE ADOPTED UPON A TWO-THIRDS MAJORITY OF THE VOTES CAST BY THE MEMBERSHIP IN RESPONSE TO A BALLOT, COMMUNICATED EITHER ELECTRONICALLY OR BY MAIL. MEMBERSHIP SHALL BE JUDGED TO INCLUDE THE MEMBERS IN GOOD STANDING 60 DAYS PRIOR TO THE DATE OF THE COMMUNICATION OF THE BALLOT. HOWEVER, NO AMENDMENTS WILL BE CONSIDERED ADOPTED UNLESS 10 PERCENT OF THE VOTING MEMBERS OF THE ACADEMY HAVE VOTED. FORM 990, PART VI, SECTION B, LINE 11B DUE TO THE FACT THAT THE BOARD MEMBERS ARE LOCATED IN DIFFERENT STATES AND CONTINENTS, THE FORM 990 IS MADE AVAILABLE FOR BOARD MEMBERS TO VIEW ELECTRONICALLY IN PDF FORM. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE BOARD MEMBERS AND DIFFERENT COMMITTEE MEMBERS ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFICTS AT THE BIANNUAL BOARD MEETINGS. AIB FOLLOWS THE BYLAWS CLOSELY, REFERS TO THEM, AND REGULARLY TAKES APPROPRIATE ACTIONS AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 MSU'S HIRING POLICIES AND PROCEDURES APPLY TO ALL AIB EMPLOYEES AND CAN BE FOUND AT HTTPS://HR.MSU.EDU/UA/HIRING/FACULTY-ACADEMIC-STAFF/INDEX.HTML. HIRING REQUIRES MSU HR ANALYSTS TO REVIEW AND PUBLICLY POST THE JOB ACCORDING TO THE MSU'S JOB CLASSIFICATIONS. EACH CLASSIFICATION HAS A PUBLICLY AVAILABLE SALARY RANGE BASED ON DUTIES AND RESPONSIBILITIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE ALL DOCUMENTS REQUIRED BY LAW FORM 990, PART VII: EXECUTIVE DIRECTOR IS AN MSU EMPLOYEE. AIB REIMBURSES MSU FOR A PORTION OF HIS WAGES AND BENEFITS. WAGES ARE INCLUDED IN ANNUAL WAGE REPORTING (W-2) PREPARED BY MSU. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.