2023-10-26T09:19:18-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-01-01 526041929 AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION AMER 2022932450 1602 L STREET NW 601 WASHINGTON DC 20036 LYNN M GANGONE PRESIDENT AND CEO 2022932450 2023-10-19 1 LYNN GANGONE XXX-XX-XXXX 0 ROBERT WILLIAMS P01345960 5712279500 2023-10-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AACTE LYNN M GANGONE 1602 L STREET NW 601 WASHINGTON DC 20036 6040802 0 X WWW.AACTE.ORG X 1948 DC AACTE LEADS IN ADVOCATING FOR AND BUILDING HIGH-QUALITY EDUCATOR PREPARATION PROGRAMS. 21 21 19 45 28392 0 546560 324179 3687398 4242609 1210860 231980 61079 28392 5505897 4827160 0 0 0 0 2379191 1961633 0 0 0 2646154 2979418 5025345 4941051 480552 -113891 13782203 12116715 2983457 3073639 10798746 9043076 X AACTE ELEVATES EDUCATION AND EDUCATOR PREPARATION THROUGH RESEARCH, PROFESSIONAL PRACTICE, ADVOCACY, AND COLLABORATION. 0 0 1252480 0 714917 MEETINGS AND EVENTS: CONTAINS ANNUAL MEETING, MEETING & EVENTS, WASHINGTON WEEK, AND LEADERSHIP ACADEMY. PROVIDES SUPPORT FOR VARIOUS PROGRAMS DESIGNED TO ENHANCE THE DEVELOPMENT AND MAINTENANCE OF LEADERSHIP CAPABILITIES OF THOSE IN THE PROFESSION, PROMOTE TEACHER EDUCATION AS A PROFESSION, AND PROMOTE AND MAINTAIN EDUCATIONAL STANDARDS WITHIN THE MEMBERSHIP. THESE ACTIVITIES ARE CARRIED OUT THROUGH SPECIAL MEETINGS, CONFERENCES AND SEMINARS. 927643 0 234547 PROFESSIONAL LEARNING AND PROCESS IMPROVEMENTS: THE ASSOCIATION DEVELOPS AND PRODUCES PUBLICATIONS AND OTHER TYPES OF LITERATURE RELATING TO TEACHER EDUCATION. ALSO, UPON REQUEST, THE ASSOCIATION COLLECTS AND PROVIDES INFORMATION OF SPECIAL INTEREST TO THE MEMBERSHIP AND THOSE IN THE PROFESSION. 328547 0 28688 GOVERNMENT RELATIONS: THE ASSOCIATION COLLECTS AND COMMUNICATES TO ITS MEMBERS, INFORMATION ON THE ACTIVITIES OF THE FEDERAL AND STATE GOVERNMENTS, WHICH WILL HAVE AN IMPACT ON TEACHER EDUCATION AND BE OF COMMON INTEREST TO THE COLLEGES AND UNIVERSITIES. 309629 0 3264457 MEMBERSHIPS: AACTE MEMBERSHIP HELPS MEMBERS BROADEN THEIR KNOWLEDGE TO ADDRESS CURRENT CHALLENGES AND PROVIDES OPPORTUNITIES TO NETWORK WITH PROFESSIONALS WITH COMMON INTERESTS AND GOALS TO ENRICH THEIR DEVELOPMENT. MEMBERS RECEIVE EXCLUSIVE ACCESS TO FREE OR DISCOUNTED FEES FOR A RANGE OF PROGRAMS, EVENTS, PRODUCTS, AND SERVICES: INCLUDING JOURNAL SUBSCRIPTIONS, A MEMBERSHIP DIRECTORY, PROFESSIONAL DEVELOPMENT TRAININGS AND WEBINARS, ADVOCACY RESOURCES, LEADERSHIP OPPORTUNITIES, AND DOZENS OF TOOLKITS, GUIDES, AND ASSESSMENT MATERIALS. 309629 0 3264457 2818299 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 19 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X LYNN GANGONE 2024784514 1602 L STREET NW 601 WASHINGTON DC 20036 MICHAEL DANTLEY CHAIR 1.00 X X 0 0 0 MONIKA WILLIAMS SHEALEY CHAIR-ELECT 1.00 X X 0 0 0 ROBERT FLODEN IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MARVIN LYNN SECRETARY 1.00 X X 0 0 0 KIMBERLY WHITE-SMITH AT-LARGE MEMBER, EXECUTIVE 1.00 X 0 0 0 MARQUITA GRENOT-SCHEYER AT-LARGE MEMBER, EXECUTIVE 1.00 X 0 0 0 JOHN BLACKWELL MEMBER 1.00 X 0 0 0 JOHN HENNING MEMBER 1.00 X 0 0 0 JESSE MENDEZ MEMBER 1.00 X 0 0 0 STACEY EDMONSON MEMBER 1.00 X 0 0 0 GLADIS KERSAINT MEMBER 1.00 X 0 0 0 ANNE TAPP MEMBER 1.00 X 0 0 0 LAURA ALAMILLO MEMBER 1.00 X 0 0 0 CAROLE G BASILE MEMBER 1.00 X 0 0 0 CHANDRA J FOOTE MEMBER 1.00 X 0 0 0 GAYLE E HUTCHINSON MEMBER 1.00 X 0 0 0 RHONDA JETER MEMBER 1.00 X 0 0 0 MARK NOOK MEMBER 1.00 X 0 0 0 LOLETA SARTIN MEMBER 1.00 X 0 0 0 MARCIE WYCOFF-HORN MEMBER 1.00 X 0 0 0 ROBIN FUXA MEMBER 1.00 X 0 0 0 LYNN GANGONE PRESIDENT & CEO 37.50 X 374405 0 81416 MICHAEL ROSE SR. DIRECTOR OF GOVERNMENT RELATIONS 37.50 X 111725 0 18879 JACQUELINE RODRIGUEZ VICE PRESIDENT, RESEARCH, POLICY & ADVOCACY 37.50 X 147140 0 11655 MATTHEW WALES VP, MEMBERSHIP & EVENTS 37.50 X 102559 0 13669 WEADE JAMES VP, ORGANIZATIONAL ADVANCEMENT 37.50 X 109733 0 18623 845562 0 144242 5 0 1 0 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 ACCOUNTING/HR OUTSOURCING 377509 JACQUELINE KING 4506 WEST VIRGINIA AVE BETHESDA MD 20814 CONSULTING SERVICES 139853 LESLIE FENWICK 12612 PLEASANT PROSPECT ROAD MITCHELLVILLE MD 20721 CONSULTING SERVICES 110000 3 324179 324179 MEMBERSHIP DUES 900099 3199132 3199132 MEETINGS AND CONFERENCES 900099 714917 714917 PUBLICATIONS 513130 234547 234547 CONTRACT REVENUE 900099 65325 65325 SPONSORSHIP REVENUE 900099 28688 28688 4242609 277288 277288 1168334 1213642 -45308 -45308 -45308 WEBSITE ADVERTISING 541800 28392 28392 28392 4827160 4242609 28392 231980 X 586425 298531 287894 1097842 553856 543986 82701 47289 35412 84984 48578 36406 109681 60134 49547 13529 4004 9525 400539 400539 51352 51352 801598 414200 387398 1000 1000 640895 587627 53268 176793 94905 81888 58400 33660 24740 105105 64822 40283 339239 312817 26422 95 55 40 8064 4648 3416 40984 23622 17362 DUES & SUBSCRIPTIONS 213403 126861 86542 HONORARIA 100138 100138 PROFESSIONAL DEVELOPMEN 28284 14533 13751 INDIRECT EXPENSE ALLOCA 0 27019 -27019 4941051 2818299 2122752 0 1243201 1392681 72999 110893 200150 130009 232962 133985 79143 70346 10590 8797 12015176 10332225 7125 8125 13782203 12116715 475526 403497 2507931 2664352 0 5790 2983457 3073639 X 9508081 7870823 1290665 1172253 10798746 9043076 13782203 12116715 -113891 -1641779 0 X 0 1 X 1 0 X 4272315 396329 381108 546560 324179 5920491 1296858 4947733 4594867 3687398 4242609 18769465 5569173 5344062 4975975 4233958 4566788 24689956 0 55082 55082 55082 55082 24634874 220430 224131 235873 433970 277288 1391692 220430 224131 235873 433970 277288 1391692 26975 42995 19500 28392 117862 57518 2419 5066 41579 106582 5847121 5597587 5259909 4729007 4872468 26306092 0.93650 0.94190 0.05290 0.04880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29 29 2818270 2818299 290915 72729 0 0 279593 286657 285234 290915 1142399 1713599 676 2179 790 29 3674 69898 71664 71309 72729 285600 428400 1217159 -180376 1036783 1302744 114415 200000 1217159 1187557 115187 1302744 1129464 58093 1187557 1102150 27314 1129464 0.00000 0.96452 0.03548 0 0 79143 70346 8797 8797 CAPITAL LEASE PAYABLE 5790 5790 X 3134029 -1641779 -1641779 4775808 51352 51352 4827160 4889699 0 4889699 51352 51352 4941051 PART V, LINE 4: THE ENDOWMENT FUND IS A $1M PERMANENT ENDOWMENT THAT CAN'T BE SPENT. IT'S THE ORGANIZATION'S PRACTICE TO RELEASE/SPEND ANY EARNINGS, IF NEEDED, TO FUND OPERATIONS. PART X, LINE 2: THE ASSOCIATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ASSOCIATION QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME THAT IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE ASSOCIATION DID NOT HAVE ANY SIGNIFICANT NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. THE ASSOCIATION FOLLOWS THE ACCOUNTING STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE ASSOCIATION EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS TAX POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. X 0 0 0 0 0 0 0 0 0 LYNN GANGONE PRESIDENT & CEO 333478 0 36532 0 4395 0 41309 0 40107 0 455821 0 0 0 JACQUELINE RODRIGUEZ VICE PRESIDENT, RESEARCH, POLICY & A 145674 0 0 0 1466 0 11038 0 617 0 158795 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL SERVE AS AN INTERIM GOVERNING BODY BETWEEN MEETINGS OF THE ASSOCIATION'S BOARD OF DIRECTORS. SUBJECT TO THE REQUIREMENTS OF LAW, IT SHALL OPERATE WITH AUTHORITY VESTED IN IT BY THE BOARD AND REPORT ITS MEETINGS AND ACTIONS TO THE BOARD OF DIRECTORS. FUNCTIONS OF THE COMMITTEE SHALL INCLUDE, BUT NOT BE LIMITED TO, THE FIDUCIARY AND STRATEGIC OVERSIGHT OF THE ASSOCIATION. THE EXECUTIVE COMMITTEE SHALL STUDY ISSUES OF IMPORTANCE TO THE ASSOCIATION AND THE EDUCATION OF TEACHERS AND OTHER EDUCATION PROFESSIONALS ON BEHALF OF THE BOARD AND SERVE AS AN ADVISORY PANEL TO THE BOARD ON SUCH ISSUES. IT SHALL ASSIST IN PLANNING AGENDAS FOR THE BOARD OF DIRECTORS MEETINGS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO TYPES OF MEMBERS: 1) REGULAR MEMBERS - 4 YEARS HIGHER EDUCATIONAL INSTITUTIONS OR SCHOOLS - INTERESTED IN EDUCATIONAL PROGRAMS. 2) AFFILIATE MEMBERS - ANY OTHER INSTITUTIONS WITH AN INTEREST IN EDUCATIONAL PROGRAMS. FORM 990, PART VI, SECTION A, LINE 7A EACH INSTITUTIONAL REPRESENTATIVE FROM A REGULAR MEMBER INSTITUTION SHALL BE ENTITLED TO CAST ONE VOTE WHEN ELECTING THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B EACH INSTITUTIONAL REPRESENTATIVE FROM A REGULAR MEMBER INSTITUTION (OR A DULY AUTHORIZED SUBSTITUTE FROM THAT MEMBER INSTITUTION) SHALL BE ENTITLED TO CAST ONE VOTE ON EVERY ISSUE (EXCEPT FOR AMENDMENTS TO THE ASSOCIATION'S BYLAWS) CONSIDERED BY THE MEMBERSHIP. IN THE CASE OF BYLAW AMENDMENTS, EACH CHIEF REPRESENTATIVE FROM A REGULAR MEMBER INSTITUTION (OR A DULY AUTHORIZED SUBSTITUTE FROM THAT MEMBER INSTITUTION) SHALL BE ENTITLED TO CASE ONE VOTE. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE 990 WAS COMPLETED BY AN INDEPENDENT ACCOUNTANTS, IT IS SENT TO THE OUTSOURCED CHIEF FINANCIAL OFFICER AND LYNN GANGONE (PRESIDENT AND CEO) FOR REVIEW. THE ASSOCIATION'S FINANCE COMMITTEE HOLDS A MEETING TO REVIEW THE FORM 990 WITH ITS INDEPENDENT ACCOUNTANTS TO DISCUSS THE FILING AND ANSWER ANY QUESTIONS THAT MAY ARISE. AFTERWARDS, THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR COMMENTS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED AS A PART OF THE CONSENT AGENDA PACKAGE (WHICH IS DISTRIBUTED AT THE FEBRUARY ANNUAL MEETING). THE SIGNED FORMS ARE RETURNED DURING THAT MEETING. THE BOARD OF DIRECTORS AND THE EXECUTIVE COMMITTEES MUST SIGN AND DATE THE CONFLICT OF INTEREST POLICY. ONCE THE FORMS ARE SIGNED AND DATED, THEY ARE MAINTAINED AT 1602 L STREET, NW #601, WASHINGTON, DC 20036 IN THE OFFICAL GOVERNANCE FILES. A CONFLICT OF INTEREST TRANSACTION IS A TRANSACTION OR ARRANGEMENT WITH AACTE IN WHICH A DIRECTOR OR OFFICER, OR A MEMBER OF HIS OR HER IMMEDIATE FAMILY, HAS A DIRECT OR INDIRECT INTEREST. A CONFLICT-OF-INTEREST SITUATION MAY ARISE IN A VARIETY OF WAYS, BUT MOST OFTEN ARISES WHERE ONE OF THE FOREGOING PERSONS (1) HAS A FINANCIAL INTEREST IN AN ENTITY WITH WHICH AACTE HAS A TRANSACTION OR ARRANGEMENT; (2) SERVES AS AN OFFICER, DIRECTOR, GENERAL PARTNER, OR HAS SOME OTHER SIGNIFICANT INFLUENCE OVER AN ENTITY WITH WHICH AACTE HAS A TRANSACTION OR ARRANGEMENT; OR (3) USES INFORMATION RELATING TO AACTE FOR PERSONAL PROFIT OR ADVANTAGE. WHEN THERE IS A DOUBT AS TO WHETHER ANY CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY A VOTE OF THE BOARD OF DIRECTORS, EXCLUDING THE PERSON WHO IS THE SUBJECT OF THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWED AND DETERMINED THE COMPENSATION. THE TERMS ARE DOCUMENTED IN A CONTRACTUAL AGREEMENT THAT IS DONE IN CONJUNCTION WITH COUNSEL. AN INTERNAL COMPENSATION STRUCTURE BASED ON MARKET INDICES FOR COMPARABLE NON-PROFITS WITH LESS THAN 25 EMPLOYEES AND AN OPERATING BUDGET UNDER $10M. THE SALARY RANGE IS DETERMINED PRIOR TO HIRING BASED ON THE POSITION DESCRIPTION IN CONJUNCTION WITH HR. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE LOCATED ON THE ORGANIZATION'S WEBSITE: AACTE.ORG. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE MAIN OFFICE: 1602 L STREET, NW #601, WASHINGTON, DC 20036. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 27,457. MANAGEMENT AND GENERAL EXPENSES 65,312. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 92,769. HR AND RECRUITING: PROGRAM SERVICE EXPENSES 23,975. MANAGEMENT AND GENERAL EXPENSES 57,027. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,002. CONSULTANTS: PROGRAM SERVICE EXPENSES 362,768. MANAGEMENT AND GENERAL EXPENSES 265,059. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 627,827.