2025-05-15T20:50:31-05:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2024-01-01 131878953 NAFSA ASSOCIATION OF INTERNATIONAL EDUCATORS NAFS 2027373699 1425 K STREET NW SUITE 1200 WASHINGTON DC 20005 FANTA AW CEO 2027373699 2025-05-15 1 1 ZACHARY SEGAL P01511850 3016529100 2025-05-15 2024 2025-03-06 01:10:19Z FANTA AW 1425 K STREET NW SUITE 1200 WASHINGTON DC 20005 25935300 0 X WWW.NAFSA.ORG X 1948 DC SEE SCHEDULE O.NAFSA IS THE WORLD'S LARGEST AND MOST COMPREHENSIVE NONPROFIT ASSOCIATION DEDICATED TO INTERNATIONAL EDUCATION AND EXCHANGE, WORKING TO ADVANCE POLICIES AND PRACTICES THAT ENSURE A MORE INTERCONNECTED, PEACEFUL WORLD TODAY AND FOR GENERATIONS TO COME. 18 18 73 475 228832 74424 1100620 1406501 17351766 17421199 182349 644282 11008 5169 18645743 19477151 7932 164449 0 0 7219942 7914118 0 0 409820 8875291 9674841 16103165 17753408 2542578 1723743 29691494 31671564 16458352 16426956 13233142 15244608 X SEE SCHEDULE O.NAFSA LEADS THE WAY IN ADVOCATING FOR A BETTER WORLD THROUGH INTERNATIONAL EDUCATION BY SERVING INTERNATIONAL EDUCATORS, THEIR INSTITUTIONS, AND THE PROFESSION, ADVANCING INTERNATIONAL EDUCATION IN INSTITUTIONS OF HIGHER EDUCATION, AND PROMOTING INTERNATIONAL EDUCATION AND THE POLICIES THAT SUSTAIN IT IN THE PUBLIC ARENA. THE ASSOCIATION HELPS DEFINE THE PROFESSION OF INTERNATIONAL EDUCATION BY ESTABLISHING PRINCIPLES OF GOOD PRACTICE AND PROVIDING PROFESSIONAL DEVELOPMENT OPPORTUNITIES. NAFSA ENCOURAGES NETWORKING AMONG PROFESSIONALS BY CONVENING PHYSICAL AND VIRTUAL CONFERENCES AND COLLABORATIVE DIALOGUES AND PROMOTES RESEARCH AND KNOWLEDGE CREATION TO STRENGTHEN AND SERVE THE FIELD. NAFSA SEEKS TO CONDUCT INTERNATIONAL EDUCATION IN SOCIALLY, ECONOMICALLY, AND ENVIRONMENTALLY SUSTAINABLE WAYS. 0 0 5359138 14449 11220522 CONFERENCES - THE ASSOCIATION PROVIDES VARIOUS WORKSHOPS AND MEETINGS THAT SERVE AS A FORUM FOR THE LATEST DEVELOPMENTS IN INTERNATIONAL EDUCATIONAL EXCHANGE. THESE MEETINGS OFFER A CONCENTRATED OPPORTUNITY FOR THE EXCHANGE OF IDEAS AND OFFER A NETWORK FOR SHARING INFORMATION AS IT SEEKS TO INCREASE AWARENESS OF AND SUPPORT FOR INTERNATIONAL EDUCATION. SINCE RETURNING TO IN-PERSON MEETINGS IN 2022 FOR ANNUAL CONFERENCE AND FALL REGIONAL EVENTS, NAFSA HAS SEEN ATTENDANCE LEVELS INCREASE FROM 60% OF PRE-PANDEMIC LEVELS TO OVER 80% OF PRE-PANDEMIC LEVELS. 5216401 150000 4152581 MEMBER PROGRAMS AND SERVICES - REPRESENTS EXPENSES RELATED TO THE PROVISION OF PROFESSIONAL PRACTICE SUPPORT INFORMATION TO MEMBERS, THE COORDINATION AND COMMUNICATION OF MEMBERSHIP BENEFITS TO THE MEMBERS AND PROSPECTIVE MEMBERS, AND THE PROVISION OF EDUCATIONAL ACTIVITIES DESIGNED TO SUPPORT PROFESSIONAL DEVELOPMENT BY PROMOTING CORE COMPETENCIES, MID-LEVEL TRAINING NEEDS, AND LEADERSHIP SYMPOSIUM PROGRAMMING TO THE FIELD. 1411389 1165191 REGIONAL PROGRAMS - REGIONAL PROGRAMS ARE COMPRISED PRIMARILY OF MEETING RELATED ACTIVITIES FOR SPECIFIC MEETINGS AND WORKSHOPS AT THE LOCAL LEVEL AS WELL AS TRAVEL ASSISTANCE FOR THE NEEDS OF NAFSA MEMBERS WITHIN THEIR RESPECTIVE GEOGRAPHIC AREAS. 1021339 8336 PUBLIC POLICY - REPRESENTS EXPENSES INCURRED TO LINK ASSOCIATION MEMBERS WITH CONGRESS AND FEDERAL AGENCIES, ADVOCATING FOR SUPPORT FOR THE EXCHANGE PROGRAMS, REMOVING BARRIERS TO EXCHANGE, AND INFORMING MEMBERSHIP OF GOVERNMENT ACTIONS AFFECTING EDUCATIONAL EXCHANGE. 716430 878931 PUBLICATIONS - THE ASSOCIATION MAINTAINS A WEBSITE AND PRODUCES VARIOUS PUBLICATIONS, MAGAZINES, AND NEWSLETTERS. THESE PUBLICATIONS REPRESENT THE ASSOCIATION'S COMMITMENT TO THE ONGOING ENHANCEMENT OF INTERNATIONAL EDUCATIONAL EXCHANGE. 1737769 887267 13724697 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 60 0 1 73 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AR CA CT FL GA HI IL KS KY MA MD MI MN MS NC ND NH NJ NM NY OK OR PA RI SC TN VA WI WV X X X GILBERT DEANS CFO 2027373699 1425 K STREET NW SUITE 1200 WASHINGTON DC 20005 AHMAD M EZZEDDINE PHD VICE PRESIDENT 1.00 X X 0 0 0 ANN MASON PHD BOARD MEMBER 1.00 X 0 0 0 COURTNEY BROWN PHD BOARD MEMBER 1.00 X 0 0 0 ELENA ANDERSON BOARD MEMBER 1.00 X 0 0 0 FERNANDO LEON-GARCIA PHD BOARD MEMBER 1.00 X 0 0 0 FRANCIS RICCIARDONE BOARD MEMBER 1.00 X 0 0 0 HEATHER BARCLAY HAMIR PHD BOARD MEMBER 1.00 X 0 0 0 JOANNA REGULSKA PHD VICE PRESIDENT 1.00 X X 0 0 0 JULIE SINCLAIR PHD BOARD MEMBER 1.00 X 0 0 0 LANITRA M BERGER PHD PRESIDENT AND CHAIR 1.00 X X 0 0 0 LAWRENCE SCHOVANEC PHD BOARD MEMBER 1.00 X 0 0 0 MALAIKA MARABLE SERRANO PHD SECRETARY 1.00 X X 0 0 0 NANCY KIDD PHD TREASURER 1.00 X X 0 0 0 SAMANTHA LU BOARD MEMBER 1.00 X 0 0 0 SAMBA DIENG BOARD MEMBER 1.00 X 0 0 0 SHABEER H AMIRALI BOARD MEMBER 1.00 X 0 0 0 SHINN KO VICE PRESIDENT 1.00 X X 0 0 0 STEPHEN K APPIAH-PADI PHD BOARD MEMBER 1.00 X 0 0 0 FANTA AW EXECUTIVE DIRECTOR & CEO 35.00 X 434444 0 41310 GILBERT DEANS DEPUTY EXECUTIVE DIRECTOR, CFO 35.00 X 202297 0 48210 JILL ALLEN MURRAY DEP. EXEC. DIR., PUB. POL., ASST. SEC. 35.00 X 157488 0 51634 DOROTHEA ANTONIO DEPUTY EXECUTIVE DIR., KNOWLEDGE DEV 35.00 X 168768 0 25855 TATIANA MACKLIFF DEP. E.D., LPDS 35.00 X 165352 0 28394 CAROLINE WHITE SR. DIR., EDU. ABRD SVCS & VOL. ENG. 35.00 X 150022 0 11218 DAVID FOSNOCHT DIRECTOR, IMMIGRATION PRACTICE RESOURCE 35.00 X 152103 0 49712 JAMES MAHONEY SR. DIR., MARKETING & MEMBERSHIP 35.00 X 152941 0 24654 TAMMY HETTINGER SENIOR DIRECTOR STRATEGIC PARTNERSHIPS & DEVELOPME 35.00 X 150154 0 26442 JOANN NG HARTMANN SENIOR IMPACT OFFICER 35.00 X 148706 0 34971 1882275 0 342400 24 0 1 0 FREEMAN PO BOX 734596 DALLAS TX 753734596 CONFERENCE AV, DECORATING, PRODUCTION 1157812 SODEXO LIVE 900 CONVENTION CENTER BLVD NEW ORLEANS LA 70130 CONFERENCE CATERING 303406 MARDI GRAS WORLD LLC 1380 PORT OF NEW ORLEANS PI NEW ORLEANS LA 70130 CONFERENCE OPENING CELEBRATION 288813 NEW ORLEANS ERNEST N MORIAL CONVENTION C 900 CONVENTION CENTER BLVD NEW ORLEANS LA 70130 CONVENTION CENTER RENT & PRODUCTION COST 277000 MARCUM LLP 1899 L STREET NW WASHINGTON DC 20036 ACCOUNTING SERVICES/SAAS FOR ACCOUNTING 213676 19 29000 1377501 1406501 CONFERENCE 900099 11220523 11220523 MEMBERSHIP DUES 900099 3015875 3015875 REGIONAL ACTIVITY 900099 1165191 1165191 PUBLICATIONS 513190 1093320 864488 228832 WORKSHOPS 900099 926290 926290 17421199 350188 350188 267 267 6752243 6458149 294094 294094 294094 540 0 540 540 4362 4362 4362 19477151 17196729 228832 645089 150000 150000 14449 14449 1323752 757230 566522 5190440 4201903 754460 234077 345246 279492 50184 15570 560962 414207 121776 24979 493718 377002 98426 18290 43911 9967 25113 8831 256924 256924 25825 25825 624193 407812 212075 4306 610651 598331 283 12037 687015 117050 552841 17124 1377911 1091817 259360 26734 843599 642888 163110 37601 492675 316636 171950 4089 4283090 4197550 79358 6182 240096 42300 197796 120514 58856 61658 FULFILLMENT EXPENSES 47207 47207 UBIT EXPENSE 21230 21230 17753408 13724697 3618891 409820 8013721 9872930 3850196 3269812 153843 145899 965012 855925 3215408 1625419 1788065 1589989 8230094 9934027 163491 85681 6527072 5917301 29691494 31671564 527591 675371 40000 150000 5123009 5655046 10767752 9946539 16458352 16426956 X 12209580 14174637 1023562 1069971 13233142 15244608 29691494 31671564 1723743 287723 0 X 0 1 X 1 0 X 4882534 4722231 5181110 3948780 1406501 20141156 1730946 4126740 11000763 14503606 17192367 48554422 6613480 8848971 16181873 18452386 18598868 68695578 0 0 0 68695578 165277 98278 105372 182349 350455 901731 8857 60063 112455 96160 74424 351959 174134 158341 217827 278509 424879 1253690 951074 1425 9828 11008 4362 977697 7738688 9008737 16409528 18741903 19028109 70926965 0.96850 0.96900 0.01770 0.01750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1592 26839 28431 17724977 17753408 1000000 250000 0 0 750753 904534 955158 1000000 3610445 5415668 38434 45021 30818 28431 142704 187688 226134 238790 250000 902612 1353918 2991 2255 1592 6838 1017437 100000 96409 150000 1063846 924177 93260 1017437 1022424 -98247 924177 1054182 88242 120000 1022424 1010514 75668 32000 1054182 0.00000 1.00000 0.00000 0 0 2047261 628868 1418393 343774 211907 131867 824373 784644 39729 1589989 457B DEFERRED COMPENSATION PLAN 391525 CURRENT PORTION OF LEASE LIABILITY 930556 LEASE LIABILITY 8541958 DUE TO OTHER FUNDS 82500 9946539 X 19739049 287723 287723 19451326 25825 25825 19477151 17727583 0 17727583 25825 25825 17753408 PART V, LINE 4: BASED ON THE TAMARA H. BRYANT ENDOWED SCHOLARSHIP FUND AGREEMENT, THE INCOME EARNED ON THE PRINCIPAL OF THE ENDOWMENT IS TO BE USED TO PROVIDE RECOGNITION AND FINANCIAL ASSISTANCE TO OUTSTANDING BURMESE OR EAST ASIAN STUDENTS ENROLLED OR PLANNING TO ENROLL IN GRADUATE SCHOOLS IN THE UNITED STATES, OR OUTSTANDING AFRICAN AMERICAN STUDENTS ENROLLED OR PLANNING TO ENROLL IN A STUDY ABROAD PROGRAM THROUGH AN ACCREDITED UNIVERSITY OR COLLEGE. THE JOHN AND ANNE HUDZIK PRIZE FOR SUSTAINED LEADERSHIP AND CONTRIBUTION TO HIGHER EDUCATION INTERNATIONALIZATION ("THE HUDZIK PRIZE") GIFT AGREEMENT PROVIDES AWARDS TO INDIVIDUALS WHO HAVE MADE SUSTAINED CONTRIBUTIONS TO INTERNATIONALIZATION IN AREAS INCLUDING SCHOLARSHIP, ADMINISTRATIVE LEADERSHIP, COMMUNITY ENGAGEMENT, AND EDUCATION. NO MORE THAN ONE HUDZIK PRIZE OF $5,000 CAN BE BESTOWED EACH YEAR. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY NAFSA AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. NAFSA RECOGNIZES INTEREST AND PENALTIES EXPENSE RELATED TO UNCERTAIN TAX POSITIONS IN GENERAL AND ADMINISTRATIVE EXPENSES ON THE STATEMENTS OF ACTIVITIES AND ACCOUNTS PAYABLE AND ACCRUED EXPENSES IN THE STATEMENTS OF FINANCIAL POSITION. NAFSA REPORTED NO PENALTIES AND INTEREST RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. TAX YEARS PRIOR TO 2021 ARE NO LONGER SUBJECT TO EXAMINATION BY THE IRS OR THE TAX JURISDICTION OF THE DISTRICT OF COLUMBIA. INCOME TAX EXPENSE RELATED TO UNRELATED BUSINESS TAXABLE INCOME WAS APPROXIMATELY $18,900 AND $35,100 FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, RESPECTIVELY. 1 FUND FOR EDUCATION ABROAD 1155 CONNECTICUT AVE SUITE 300 WASHINGTON DC 20036 263041520 501(C)(3) 150000 0 TAMARA H. BRYANT MEMORIAL SCHOLARSHIP 1 0 RISE PROGRAM CONFERENCE ATTENDANCE ASSISTANCE 11 3795 10654 TICKET/HOTEL ACTUAL PRICES AIRFARE TO/FROM NEW ORLEANS HOTEL PART I, LINE 2 (PART II ORGANIZATIONS) THE GRANTEE PROVIDES NAFSA WRITTEN REPORTS DETAILING THE USE OF THE GRANT AND A FINANCIAL RECONCILIATION. PART I, LINE 2 (PART III INDIVIDUALS) INDIVIDUALS MUST USE NAFSA'S TRAVEL AGENT TO PURCHASE AIRTICKETS. NAFSA ARRANGES FOR HOTEL ROOMS AND IS DIRECT BILLED FOR COST. PER DIEM (AS PER GSA RATES) IS PROVIDED TO PARTICIPANTS CLOSE TO THE TIME OF THE EVENT. PARTICIPANTS SIGN A DOCUMENT THAT THE PER DIEM IS REFUNDABLE TO NAFSA IF THEY DO NOT ULTIMATELY ATTEND THE EVENT. X X X 0 0 0 0 0 0 0 1 0 FANTA AW EXECUTIVE DIRECTOR & CEO 417941 0 12000 0 4503 0 24150 0 17160 0 475754 0 0 0 GILBERT DEANS DEPUTY EXECUTIVE DIRECTOR, CFO 201617 0 500 0 180 0 15305 0 32905 0 250507 0 0 0 JILL ALLEN MURRAY DEP. EXEC. DIR., PUB. POL., ASST. SE 156264 0 1000 0 224 0 12427 0 39207 0 209122 0 0 0 DAVID FOSNOCHT DIRECTOR, IMMIGRATION PRACTICE RESOU 150181 0 1000 0 922 0 11774 0 37938 0 201815 0 0 0 DOROTHEA ANTONIO DEPUTY EXECUTIVE DIR., KNOWLEDGE DEV 166837 0 1000 0 931 0 11848 0 14007 0 194623 0 0 0 TATIANA MACKLIFF DEP. E.D., LPDS 164027 0 1000 0 325 0 11832 0 16562 0 193746 0 0 0 JOANN NG HARTMANN SENIOR IMPACT OFFICER 147424 0 1000 0 282 0 10956 0 24015 0 183677 0 0 0 JAMES MAHONEY SR. DIR., MARKETING & MEMBERSHIP 151153 0 1000 0 788 0 10750 0 13904 0 177595 0 0 0 TAMMY HETTINGER SENIOR DIRECTOR STRATEGIC PARTNERSHI 148970 0 1000 0 184 0 10934 0 15508 0 176596 0 0 0 CAROLINE WHITE SR. DIR., EDU. ABRD SVCS & VOL. ENG. 148752 0 1000 0 270 0 10490 0 728 0 161240 0 0 0 PART I, LINE 7 IN 2024, THE FOLLOWING INDIVIDUALS WERE PAID PERFORMANCE BASED BONUSES: FANTA AW $12,000 GILBERT DEANS $500 JILL ALLEN MURRAY $1000 DAVID FOSNOCHT $1000 DOROTHEA ANTONIO $1000 TATIANA MACKLIFF $1000 JOANN NG HARTMANN $1000 JAMES MAHONEY $1000 TAMMY HETTINGER $1000 CAROLINE WHITE $1000 JOANN NG HARTMANN $1000 FORM 990, PART I, LINE 6: ESTIMATE OF NON-DUPLICATIVE VOLUNTEER MEMBER LEADER POSITIONS AND ACTIVE VOLUNTEER TRAINERS OF THE ORGANIZATION. THIS NUMBER DOES NOT INCLUDE THE HUNDREDS OF VOLUNTEERS WHO WORK ON OUR BEHALF WITHIN THEIR LOCAL, STATE, AND INTERNATIONAL COMMUNITIES. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE AUTHORITY OF THE BOARD OF DIRECTORS TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, EXCEPT THAT IT SHALL HAVE NO AUTHORITY AS TO THE FOLLOWING MATTERS: (A) THE FILLING OF VACANCIES IN THE BOARD OF DIRECTORS; (B) THE FIXING OF COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE; (C) THE AMENDMENT OR REPEAL OF THE BYLAWS OR THE ADOPTION OF NEW BYLAWS; (D) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD WHICH BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEALABLE; AND (E) THE REMOVAL OF DIRECTORS. ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE ARE SUBJECT TO RATIFICATION AT THE NEXT MEETING OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CATEGORIES OF MEMBERS, VOTING MEMBERS AND NON-VOTING HONORARY MEMBERS. VOTING MEMBERS CONSIST OF INDIVIDUAL MEMBERS, GROUP MEMBERS, INTERNATIONAL MEMBERS, STUDENT MEMBERS, RETIRED PROFESSIONAL MEMBERS, AND NEW MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A VOTING MEMBERS ELECT ALL MEMBERS OF THE GOVERNING BODY IN ACCORDANCE WITH PROCEDURES SPECIFIED IN THE ORGANIZATION'S BYLAWS AND STANDING RULES. FORM 990, PART VI, SECTION A, LINE 7B THE ARTICLES OF INCORPORATION VEST THE GOVERNANCE OF THE CORPORATION IN THE BOARD OF DIRECTORS, THOUGH THE ARTICLES OF INCORPORATION CAN BE AMENDED ONLY BY A 2/3RDS VOTE OF THE ASSOCIATION'S MEMBERS AT AN ANNUAL OR SPECIAL MEETING. MATTERS WHICH WOULD REQUIRE SUCH A VOTE WOULD BE A CHANGE IN THE NAME OF THE CORPORATION, ITS PURPOSE, QUALIFICATIONS OF MEMBERS, GENERAL STRUCTURE OF THE ASSOCIATION'S INTERNAL AFFAIRS, OR IN THE LIMITATIONS OF ACTIVITIES OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS SENT TO THE ENTIRE BOARD OF DIRECTORS. ANY QUESTIONS ABOUT THE RETURN ARE TO BE DIRECTED TO THE CHAIR OF THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS. THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS MEETS WITH THE ORGANIZATION'S INDEPENDENT PUBLIC ACCOUNTANTS, EXECUTIVE DIRECTOR, AND CHIEF FINANCIAL OFFICER TO REVIEW FORM 990 PRIOR TO FILING AND THEN REPORTS BACK TO THE FULL BOARD OF DIRECTORS AT ITS NEXT REGULARLY SCHEDULED MEETING. THE BOARD MEMBERS ARE PROVIDED AN OUTLINE CREATED BY THE SENIOR DIRECTOR OF FINANCE/CONTROLLER THAT IS USED TO GUIDE THEM THROUGH THE REVIEW PROCESS. THE OUTLINE SPECIFIES KEY AREAS OF THE RETURN THAT ARE DEEMED TO BE OF PARTICULAR IMPORTANCE TO THE REVIEW PROCESS. THE ORGANIZATION'S INDEPENDENT PUBLIC ACCOUNTANT PROVIDES INFORMATION ON HOW THE FORM 990 IS PREPARED AND HOW IT RELATES BACK TO THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNANCE COMMITTEE IS RESPONSIBLE FOR REVIEWING THE STATEMENTS AND MONITORING COMPLIANCE WITH THIS POLICY. OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE CURRENTLY REQUIRED TO ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; B) HAS READ AND UNDERSTANDS THE POLICY; C) HAS AGREED TO COMPLY WITH THE POLICY; AND D) UNDERSTANDS THAT NAFSA IS A CHARITABLE CORPORATION AND, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 IN 2023, THE EXECUTIVE COMMITTEE OF THE NAFSA BOARD OF DIRECTORS CONSULTED COMPENSATION BENCHMARK DATA WHEN DETERMINING THE APPROPRIATE SALARY FOR THE HIRE OF THE CURRENT CEO/ED. IN KEEPING WITH PAST PRACTICE, THE EXECUTIVE COMMITTEE WILL CONSIDER THE SAME RANGE OF INCREASE FOR MERIT CONSIDERATION USED FOR OTHER NAFSA EMPLOYEES. EFFECTIVE JANUARY 1, 2024, STAFF ARE ELIGIBLE TO RECEIVE BETWEEN 2% AND 4% MERIT INCREASES, BASED ON PERFORMANCE. THIS GUIDELINE AND PERFORMANCE WILL BE USED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WHEN AUTHORIZING FUTURE PAY INCREASES FOR THE CEO/ED. FORM 990, PART VI, SECTION B, LINE 15B: NAFSA PREVIOUSLY ENGAGED AN OUTSIDE COMPENSATION CONSULTANT TO RECOMMEND METHODOLOGY FOR EVALUATING SALARIES BASED ON BENCHMARK DATA. THIS SERVES AS THE BASIS FOR NAFSA'S OVERALL COMPENSATION SYSTEM. SALARIES FOR OFFICERS ARE ALSO BENCHMARKED WITH ADDITIONAL OUTSIDE COMPENSATION SURVEYS TO ENSURE INTERNAL AND EXTERNAL EQUITY. COMPENSATION FOR OFFICERS IS REVIEWED BY HUMAN RESOURCES AND APPROVED BY THE EXECUTIVE DIRECTOR & CEO. NEW POSITIONS ARE EVALUATED BASED ON MARKET DATA TO ENSURE INTERNAL AND EXTERNAL EQUITY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICY AVAILABLE THROUGH ITS WEBSITE. THE ORGANIZATION MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE TO ITS MEMBERS VIA A HANDOUT AT THE ANNUAL BUSINESS MEETING AND AN EMAIL WITH THE LINK TO THIS HANDOUT ON THE ORGANIZATION'S WEBSITE IS SENT YEARLY TO ALL CURRENT MEMBERS OF RECORD. THREE YEARS OF AUDITED FINANCIALS AND TAX RETURNS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE