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: $76,924
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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
Who is the CEO of International Insolvency Institute?
John R Lees is the Director of International Insolvency Institute.
Official website here: www.iiiglobal.org
What is the revenue of International Insolvency Institute?
International Insolvency Institute's revenue in 2022 was $495,233.
Official website here: www.iiiglobal.org
Who are the executives of International Insolvency Institute and what are their salaries?
There 150 volunteers at International Insolvency Institute.
Here are 26 key members and their salaries:
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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 2022 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,250
- Program Service Revenue: $326,483
- Gross Receipts: $495,233
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.
MEMBERSHIP
Revenue
$194,905
ANNUAL CONFERENCE FEES
Revenue
$95,140
NEXTGEN FEES
Revenue
$22,938
INITIATION FEES
Revenue
$13,500
Organization Details
Founding Year
2000
Phone
(434) 939-6003Principal Officer
John R Lees
Main Address
PO BOX 249, STANARDSVILLE, VA, 22973
Website
www.iiiglobal.orgNTEE Category
Code: S41 - Community improvement
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