2023-05-15T09:33:04-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2021-07-01 436036286 AACSB INTERNATIONAL - THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS AACS 8137696500 777 S HARBOUR ISLAND BLVD 750 TAMPA FL 336025730 CARYN BECK-DUDLEY PRESIDENT & CEO 8137696500 2023-05-12 1 CARYN BECK-DUDLEY 999009999 TINA HENTON P00630282 6268577300 2023-05-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CARYN BECK-DUDLEY 777 S HARBOUR ISLAND BLVD 750 TAMPA FL 336025730 30876824 0 X WWW.AACSB.EDU X 1916 FL ADVANCES EXCELLENCE IN COLLEGIATE BUSINESS EDUCATION THROUGH WORLD CLASS ACCREDITATION. 28 27 77 1300 0 0 7132379 7380555 12897410 15253409 2293316 660365 6100 0 22329205 23294329 125419 186965 0 0 10290453 10459600 0 0 0 6709315 9639248 17125187 20285813 5204018 3008516 37019501 36218850 15925544 14524194 21093957 21694656 X AACSB INTERNATIONAL PROVIDES QUALITY ASSURANCE OF BUSINESS SCHOOL PROGRAMS, THE LATEST IN BUSINESS EDUCATION INTELLIGENCE, THOUGHT LEADERSHIP, AND LEARNING AND DEVELOPMENT SERVICES. 0 0 5556460 4661498 LEARNING AND DEVELOPMENT SERVICES - CONTRIBUTES TO THE IMPROVEMENT OF ADMINISTRATION, TEACHING, AND RESEARCH IN HIGHER EDUCATION BY PROVIDING INFORMATION AND TRAINING TO BUSINESS SCHOOL ADMINISTRATORS, EDUCATORS, AND GENERAL PUBLIC ON RELEVANT TOPICS. 3963476 9277154 ACCREDITATION - ENSURES QUALITY IN COLLEGIATE SCHOOLS OF BUSINESS BY ESTABLISHING CERTAIN MINIMUM STANDARDS BY WHICH INSTITUTIONS ARE EVALUATED THROUGH A VOLUNTARY PEER REVIEW PROCESS. SERVICE IS AVAILABLE TO ANY COLLEGE OFFERING A BACHELOR'S/GRADUATE DEGREE IN BUSINESS. 28 1830 BIZED MAGAZINE IS THE LEADING VOICE OF BUSINESS EDUCATION AND PROVIDES TIMELY NEWS, EXPERT ADVICE, AND INSIGHTFUL FEATURES ON BUSINESS EDUCATION FROM LEADING AUTHORS, EDUCATORS, AND PRACTITIONERS. AACSB INTERNATIONAL PUBLISHES BIZED MAGAZINE SIX TIMES EACH YEAR. 5360677 186965 1312927 BUSINESS EDUCATION INTELLIGENCE, ADVOCACY AND BUSINESS EDUCATION ALLIANCE 5360677 186965 1312927 14880641 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 44 0 1 77 1 0 1 SN UK 0 0 0 0 0 0 0 0 0 0 X 28 27 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 FL X DAMION DAM 8137696500 777 S HARBOUR ISLAND BLVD 750 TAMPA FL 336025730 CARYN BECK-DUDLEY PRESIDENT AND CEO 40.00 X X 420923 0 29465 JIKYEONG KANG CHAIR 1.00 X X 0 0 0 MCRAE C BANKS VICE CHAIR-CHAIR ELECT 1.00 X X 0 0 0 ALEXANDER J TRIANTIS SECRETARY-TREASURER 1.00 X X 0 0 0 LINDA U HADLEY IMMEDIATE PAST CHAIR 1.00 X 0 0 0 LUIZ A BRITO DIRECTOR 1.00 X 0 0 0 DEBORAH H CAPLAN DIRECTOR 1.00 X 0 0 0 NATALYA DELCOURE DIRECTOR 1.00 X 0 0 0 TRACEY GOLDEN DIRECTOR 1.00 X 0 0 0 ROBERT HELSLEY DIRECTOR 1.00 X 0 0 0 ALICIA J JACKSON DIRECTOR 1.00 X 0 0 0 IDALENE KESNER DIRECTOR 1.00 X 0 0 0 STEFANIE A LENWAY DIRECTOR 1.00 X 0 0 0 MOEZ LIMAYEM DIRECTOR 1.00 X 0 0 0 TANUJA SINGH DIRECTOR 1.00 X 0 0 0 KAREN SPENS DIRECTOR 1.00 X 0 0 0 JOYCE A STRAWSER DIRECTOR 1.00 X 0 0 0 KAR YAN TAM DIRECTOR 1.00 X 0 0 0 FAN WANG DIRECTOR 1.00 X 0 0 0 GREGORY J WHITWELL DIRECTOR 1.00 X 0 0 0 MARILYN K WILEY DIRECTOR 1.00 X 0 0 0 NICOLE ADLER DIRECTOR 1.00 X 0 0 0 IRINEU G GIANESIS DIRECTOR 1.00 X 0 0 0 SHERIF H KAMEL DIRECTOR 1.00 X 0 0 0 SUSAN E LEHRMAN DIRECTOR 1.00 X 0 0 0 XIONGWEN LU DIRECTOR 1.00 X 0 0 0 NIKOLAJ MALCHOW-MOLLER DIRECTOR 1.00 X 0 0 0 EILEEN MCAULIFFE DIRECTOR 1.00 X 0 0 0 SARAH E NUTTER SECRETARY-TREASURER THRU 4/2022 1.00 X X 0 0 0 TAYLOR RANDALL DIRECTOR THRU 8/2021 1.00 X 0 0 0 NEIL BOSLAND EVP, COO, CFO 40.00 X 353806 0 44695 TIMOTHY MESCON EVP, CHIEF OFFICER EMEA 40.00 X 442332 0 39393 GEOFF PERRY EVP, CHIEF OFFICER ASIA PACIFIC 40.00 X 375221 0 26691 STEPHANIE BRYANT EVP, CHIEF ACCREDITATION OFFICER 40.00 X 333452 0 47682 NICK IGNERI SVP, CLO 40.00 X 270375 0 44873 AL RENSHAW VP, CMO AND CCO 40.00 X 241459 0 48033 REBECCA GANN VP, GLOBAL MEMBER, STRAT. RELATION. 40.00 X 176019 0 44023 GINGER AUSLOOS VP, IT 40.00 X 118252 0 42535 BEVERLY DANIEL DIRECTOR OF HR AND GOVERNANCE 40.00 X 121492 0 8100 2853331 0 375490 15 0 1 0 AUGUR IT INC 106 LONDON WAY COPPELL TX 75019 CONSULTING AND ANALYTICS 1236582 ENGAGENCY LLC 5920 W WILLIAM CANNON DR BLDG 6- AUSTIN TX 78746 WEB DEVELOPMENT 709340 CDW PO BOX 75723 CHICAGO IL 60675 EQUIPMENT 548120 DATA-TECH 7904 HOPI PLACE TAMPA FL 33634 MANAGED IT LICENSE 443213 VERNDALE 28 DAMRELL STREET SUITE 300 BOSTON MA 02127 WEB HOSTING AND CONSULTING 409368 25 5997025 1383530 7380555 ACCREDITATION FEES 611710 9277154 9277154 CONFERENCES AND SEMINARS 611710 3868527 3868527 INTERNATIONAL CONFERENCE 611710 1825571 1825571 PUBLICATIONS 541800 254707 254707 BUSINESS EDUCATION INTELLIGENCE S 611710 27450 27450 15253409 443262 443262 7799598 7582495 217103 217103 217103 23294329 15253409 0 660365 125001 125001 61964 61964 2155520 1939968 215552 6309598 4424227 1885371 197327 138022 59305 1412802 1057025 355777 384353 287383 96970 42608 37678 4930 64700 57943 6757 105168 105168 416646 372006 44640 515509 98291 417218 115008 101728 13280 2838558 2103573 734985 1072584 793880 278704 400628 359930 40698 1595542 1396305 199237 984976 619182 365794 138774 118574 20200 ADVOCACY & AWARENESS 431908 431908 BANK & CREDIT CARD FEES 267189 239285 27904 RESEARCH & DEVELOPMENT 187646 156811 30835 BIZED EXPENSES 30 28 2 461774 391837 69937 20285813 14880641 5405172 0 3306635 2668635 51666 273344 451422 580833 7038038 3693002 3467789 3345036 29588339 29247352 153650 103650 37019501 36218850 2978837 3691837 11443757 10799576 1502950 32781 15925544 14524194 X 21093957 21694656 21093957 21694656 37019501 36218850 3008516 -2407817 0 X 0 1 X 1 0 X 5306800 5526725 5688385 7132379 7380555 31034844 5306800 5526725 5688385 7132379 7380555 31034844 31034844 431561 408873 460561 428784 443262 2173041 102525 56735 12067 6100 177427 33385312 73412240 0.92960 0.92280 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MAILING LIST REVENUE - 2017 AMOUNT: $ 35,050. 2018 AMOUNT: $ 19,250. MISCELLANEOUS REVENUE - 2017 AMOUNT: $ 67,475. 2018 AMOUNT: $ 37,485. 2019 AMOUNT: $ 12,067. 2020 AMOUNT: $ 6,100. 2021 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1919444 894133 1025311 1388534 961590 426944 3730060 1837279 1892781 3345036 X 20781343 -2407817 -2407817 23189160 105169 105169 23294329 20180644 0 20180644 105169 105169 20285813 PART X, LINE 2: MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE CONSOLIDATED FINANCIAL STATEMENTS AND DETERMINED THAT AACSB HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2022. 0 MIDDLE EAST 0 0 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 88000 SOUTH ASIA 0 0 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 5000 EUROPE 1 10 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 1326000 EAST ASIA & THE PACIFIC 1 7 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 1010000 SOUTH AMERICA 0 0 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 18000 NORTH AMERICA 0 0 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 312000 2 17 0 0 2 17 2759000 0 2759000 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM SUPPORT FOR BUSINESS PRACTICE ENGAGEMENT IN EUROPE 40638 WIRE 0 N/A N/A SOUTH ASIA SUPPORT FOR BUSINESS PRACTICE ENGAGEMENT IN SOUTH AISA 9305 WIRE 0 N/A N/A EAST ASIA AND PACIFIC SUPPORT FOR BUSINESS PRACTICE ENGAGEMENT IN SOUTH AISA AND PACIFIC 7500 WIRE 0 N/A N/A 3 0 0 0 1 0 0 0 PART I, LINE 2: AN AACSB REPRESENTATIVE ATTENDS THE CLADEA ANNUAL MEETING TO VERIFY THAT THE FUNDS ARE USED PROPERLY. PART III ACCOUNTING METHOD: 1 THE PHD PROJECT ASSOCIATION 3 CHESTNUT RIDGE RD MONTVALE NJ 07645 202610773 501(C)(3) 100000 0 N/A N/A SUPPORT FOR THE PHD PROJECT THE TRUSTEES OF THE UNIV OF PENNSYLVANIA 3730 WALNUT STREET 712 JMHH PHILADELPHIA PA 19104 231352685 501(C)(3) 10000 0 N/A N/A SUPPORT FOR BUSINESS PRACTICE ENGAGEMENT IN THE US 2 0 PART I, LINE 2: AN AACSB REPRESENTATIVE ATTENDS MEETINGS HOSTED BY EACH RECIPIENT. FOR THE PHD PROJECT AND BETA GAMMA SIGMA, AN AACSB REPRESENTATIVE SITS ON THE BOARD OF DIRECTORS. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 TIMOTHY MESCON EVP, CHIEF OFFICER EMEA 333667 0 16000 0 92665 0 14500 0 24893 0 481725 0 0 0 CARYN BECK-DUDLEY PRESIDENT AND CEO 396697 0 20000 0 4226 0 14500 0 14965 0 450388 0 0 0 GEOFF PERRY EVP, CHIEF OFFICER ASIA PACIFIC 314132 0 16431 0 44658 0 21660 0 5031 0 401912 0 0 0 NEIL BOSLAND EVP, COO, CFO 332093 0 16000 0 5713 0 14896 0 29799 0 398501 0 0 0 STEPHANIE BRYANT EVP, CHIEF ACCREDITATION OFFICER 312998 0 16000 0 4454 0 14500 0 33182 0 381134 0 0 0 NICK IGNERI SVP, CLO 250595 0 16000 0 3780 0 13821 0 31052 0 315248 0 0 0 AL RENSHAW VP, CMO AND CCO 222628 0 16000 0 2831 0 12209 0 35824 0 289492 0 0 0 REBECCA GANN VP, GLOBAL MEMBER, STRAT. RELATION. 153660 0 12500 0 9859 0 6734 0 37289 0 220042 0 0 0 GINGER AUSLOOS VP, IT 106374 0 0 0 11878 0 6180 0 36355 0 160787 0 0 0 PART I, LINE 1A THE HOUSING ALLOWANCE IS PROVIDED TO EXPATRIATE EMPLOYEES WHILE RESIDING AND WORKING IN A FOREIGN COUNTRY. THE TAX INDEMNIFICATION AND GROSS UP IS RELATED TO RELOCATION EXPENSES PROVIDED TO A SENIOR EXECUTIVE. FORM 990, PART VI, SECTION A, LINE 1A THERE SHALL BE AN EXECUTIVE COMMITTEE WHOSE MEMBERSHIP SHALL INCLUDE THE BOARD CHAIR (WHO SHALL SERVE AS CHAIR OF THE EXECUTIVE COMMITTEE), VICE CHAIR-CHAIR ELECT, SECRETARY-TREASURER, PRESIDENT AND CEO, IMMEDIATE PAST CHAIR, AND UP TO THREE ADDITIONAL BOARD MEMBERS APPOINTED BY THE VICE CHAIR-CHAIR ELECT (WHO SHALL PRESIDE AS BOARD CHAIR DURING THE YEAR FOR WHICH THE APPOINTMENTS ARE MADE). THE EXECUTIVE COMMITTEE SHALL ACT ON BEHALF OF THE BOARD OF DIRECTORS BETWEEN BOARD MEETINGS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE CORPORATION IS COMPOSED OF EDUCATIONAL INSTITUTIONS RECOGNIZED OR AUTHORIZED BY AN APPROPRIATE GOVERNING BODY. THE MEMBERSHIP ALSO IS COMPOSED OF OTHER SELECTED NON-EDUCATIONAL INSTITUTIONS WHICH INCLUDES BUSINESS FIRMS AND CORPORATIONS, LEARNED SOCIETIES, TRADE, FOUNDATION, RESEARCH, PROFESSIONAL, AND GOVERNMENTAL ORGANIZATIONS. EACH MEMBER INSTITUTION MAY HAVE ANY NUMBER OF ITS REPRESENTATIVES FROM ITS EMPLOY AT BUSINESS MEETINGS, BUT EACH MEMBER INSTITUTION SHALL HAVE ONLY ONE OFFICIAL VOTING REPRESENTATIVE. FORM 990, PART VI, SECTION A, LINE 7A THE VOTING REPRESENTATIVE SHALL BE THE OFFICIAL REPRESENTATIVE TO THE CORPORATION. EACH MEMBER OF THE CORPORATION SHALL HAVE ONE VOTE ON AFFAIRS BROUGHT TO THE CORPORATION EXCEPT ON MATTERS RESERVED FOR MEMBERS OF THE ACCREDITATION COUNCIL. IN JANUARY OF EACH YEAR, OFFICIAL REPRESENTATIVES MAY VOTE IN THE ANNUAL ELECTION TO FILL OPEN POSITIONS OF THE BOARD OF DIRECTORS WHICH ARE BEING VACATED BY BOARD MEMBERS WHOSE TERMS ARE EXPIRING AT THE END OF THE FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 7B EACH OFFICIAL REPRESENTATIVE (OR THEIR DESIGNEE) MAY VOTE ON ISSUES PRESENTED AT THE ANNUAL BUSINESS MEETING. ISSUES MIGHT INCLUDE A MEMBERSHIP DUES INCREASE OR MODIFICATIONS TO THE ARTICLES AND/OR BYLAWS. MEMBERS OF THE ACCREDITATION COUNCIL (AACSB ACCREDITED MEMBERS) ARE AUTHORIZED TO VOTE ON ISSUES RELATED TO THE ACCREDITATION STANDARDS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE CFO & CEO PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CHAIR OF THE BOARD OF DIRECTORS, A STANDING COMMITTEE, OR TASK FORCE, RESPECTIVELY, IS RESPONSIBLE FOR DETERMINING IF A CONFLICT OF INTEREST EXISTS WHEN A VOLUNTEER IN ONE OF THE ROLES DESCRIBED ABOVE REQUESTS A DETERMINATION. IF THE CHAIR HAS A CONFLICT OF INTEREST, THE VICE CHAIR WILL PROVIDE THE FINAL DETERMINATION. IN CASES WHERE A PARTICIPANT VOLUNTARILY IDENTIFIES AN ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST AND ABSENTS HIM OR HERSELF FROM THE DELIBERATIONS AND ACTIONS, THESE EVENTS WILL BE RECORDED IN WRITING AS PART OF THE MEETING RECORD AND A COPY FILED WITH THE EXECUTIVE OFFICE OF AACSB. IF A REQUEST FOR A DETERMINATION OF AN ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST IS MADE TO THE CHAIR (OR VICE CHAIR), SUCH REQUESTS MUST BE MADE IN WRITING, AND THE DETERMINATION BY THE CHAIR (OR VICE CHAIR) IS TO BE IN WRITING, AND BOTH ARE TO BE FILED WITH THE EXECUTIVE OFFICE OF AACSB. FORM 990, PART VI, SECTION B, LINE 15 THE AACSB COMPENSATION COMMITTEE (THE CHAIR OF THE BOARD, THE VICE CHAIR/CHAIR ELECT OF THE BOARD, THE IMMEDIATE PAST CHAIR OF THE BOARD, AND TWO ADDITIONAL MEMBERS OF THE BOARD) MEETS TWICE ANNUALLY TO ASSESS THE PRESIDENT/CEO'S PERFORMANCE, REVIEW AND APPROVE GOALS FOR THE NEXT YEAR, AND SET THE COMPENSATION (% SALARY INCREASE) FOR THE UPCOMING YEAR. COMPARABLE DATA, SUCH AS THE AACSB SALARY SURVEY REGARDING DEANS AND CHIEF OFFICERS IS USED AS WARRANTED. DISCUSSIONS FROM THE MEETINGS ARE DOCUMENTED. THE PRESIDENT/CEO, IN CONSULTATION WITH THE COMPENSATION COMMITTEE, REVIEWS OTHER KEY EMPLOYEES' PERFORMANCE AND DETERMINES THE COMPENSATION (% SALARY INCREASE) FOR THE UPCOMING YEAR. COMPARABLE DATA, SUCH AS THE AACSB SALARY SURVEY REGARDING DEANS AND CHIEF OFFICERS IS USED AS WARRANTED. DISCUSSIONS FROM THE MEETINGS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON THE ORGANIZATION'S WEBSITE. AACSB INTERNATIONAL LTD 331 NORTH BRIDGE ROAD 10-04/05 ODEON TOWERS SN ACCREDITATION SERVICES SN 0 0 AACSB INTERNATIONAL