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International Insolvency Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541999214 ✦ Dover, DE ✦ Designated as a 501(c)(6)

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Overview

What is International Insolvency Institute?

The International Insolvency Institute (III) is a nonprofit organization with a limited membership, headquartered in Stanardsville, Virginia. Its primary objective is to advance and promote insolvency as a respected discipline in the international field. The III strives to improve international cooperation in the insolvency sector and achieve greater coordination among nations in multinational business reorganizations and restructurings. Annually, they host a conference attended by 350 experts from around the world, providing an opportunity to share procedures and laws across various countries.


Official website here: www.iiiglobal.org

Is International Insolvency Institute legitimate?

International Insolvency Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Insolvency Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $74,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.iiiglobal.org

What is the mission statement of International Insolvency Institute?

The International Insolvency Institute is a non-profit organization dedicated to advancing and promoting insolvency as a respected discipline in the international field. Its primary objectives include improving international cooperation in the insolvency area and achieving greater coordination among nations in multinational business reorganizations and restructurings. The Institute aims to foster a global understanding of insolvency processes and their importance in resolving complex financial challenges. It serves as a platform for dialogue, knowledge sharing, and best practice exchange among experts, policymakers, and professionals in the insolvency field. The Institute's activities contribute to enhancing legal frameworks and ensuring fair and effective insolvency outcomes in a cross-border context.


Official website here: www.iiiglobal.org

What is the revenue of International Insolvency Institute?

International Insolvency Institute's revenue in 2024 was $778,832.


Official website here: www.iiiglobal.org

Who are the executives of International Insolvency Institute and what are their salaries?

There 250 volunteers at International Insolvency Institute.

Here are 35 key members and their salaries:


John Martin Pres Until (June 2023, Then Imm. Past Pres.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justice Kannan Ramesh Vp Until (June 2023, Then President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pekka Jaatinen (Vp Until June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Agustin Berdeja-Prieto (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Shelley Chapman (Vp Until June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bloom Director Until (June 2023, Then Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prof Stephan Madaus Director (Until June 2023, Then Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dj Miller Director Until (June 2023, Then Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicity Toube Director Until (June 2023, Then Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard H Gilbert (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lees Treasurer Until (June 2023, Then Asst. Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Hamilton Asst Treas (Until June 2023, Then Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robbin L Itkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prof Rosalind Mason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Ang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fabio Rosas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard P Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Daniel Costa (Director As Of June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justice Anna Elizabeth De Vos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Martin Glenn (Director As Of June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prof Winifred Kiryabwire (Director As Of June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Mann (Director As Of June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonia Menezes (Director As Of June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prof Irit Mevorach (Director As Of June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prof John Pottow (Director As Of June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Schweitzer (Director As Of June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Thery (Director As Of June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Javier Lorente (Director Until June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prof Lorenzo Stanghellini (Director Until June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Janis Sarra (Director Until June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Louise Adler (Director Until June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tomas Richter (Director Until June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Agusti Bou (Director Until June 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Professor Annika Wolf (Exe. Director Until Dec. 2023)
  • Compensation: $92,957
  • Related: $0
  • Other: $0
Alexandra Schnapp (Administrative Dir. As Of Jan. 2024)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iiiglobal.org

Where can I find the form 990 for International Insolvency Institute?

International Insolvency Institute's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.iiiglobal.org

Learn more at the official website: www.iiiglobal.org

Mission Statement of International Insolvency Institute

The International Insolvency Institute, a non-profit, limited-membership organization, is committed to advancing and promoting insolvency as a respected discipline in the international field. Its primary objectives include fostering international cooperation in the insolvency area and achieving greater coordination among nations in multinational business reorganizations and restructurings. By doing so, the Institute aims to improve the effectiveness of insolvency processes on a global scale, thereby contributing to a more stable and harmonious international business environment.

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Impact




October, 2024

The International Insolvency Institute (III) plays a pivotal role in enhancing the landscape of insolvency law and practice on a global scale. Its efforts to improve international cooperation and coordination among nations are particularly noteworthy, as they facilitate smoother processes for multinational business reorganizations and restructurings. By creating a platform for experts from around the world, the III fosters an environment where best practices, legal frameworks, and procedures can be shared and discussed.

The annual conference, attended by approximately 350 professionals globally, serves as a crucial gathering for the dissemination of knowledge and insights from leading experts in the field of insolvency. This exchange not only helps in standardizing approaches but also promotes a deeper understanding of diverse insolvency laws across different jurisdictions.

Overall, the III significantly contributes to the evolution of insolvency as a respected discipline, ensuring that stakeholders can navigate complex insolvency matters with greater clarity and cooperation. Its commitment to advancing best practices in international insolvency law ultimately enhances the stability and fairness of global economic interactions.




This information is meant to be a general summary of International Insolvency Institute. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$778,832 (2024)
20112012201320142015201620172018201920202021202220232024$0$250k$500k$750k$1M
Expenses
$744,545 (2024)
20112012201320142015201620172018201920202021202220232024$0$250k$500k$750k$1M
Efficiency
201120122013201420152016201720182019202020212022202320240%7%14%21%32%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $16,427
  • Program Service Revenue: $600,083
  • Gross Receipts: $1,063,510

Assets and Liabilities:

  • Total Assets: $1,014,240
  • Total Liabilities: $247,098
  • Net Assets: $767,142

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ANNUAL CONFERENCE

Revenue

$261,552

MEMBERSHIP DUES

Revenue

$199,581

REGIONAL EVENTS

Revenue

$79,281

NEXTGEN DUES

Revenue

$35,369

INITIATION FEE

Revenue

$24,300

Organization Details

Founding Year

2000

Principal Officer

John R Lees

Main Address

1111B S GOVERNORS AVE PMB 20335, DOVER, DE, 19904

NTEE Category

Code: S41 - Community improvement

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