2023-10-04T18:17:11-05:00 2022-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2022-01-01 113161518 National Association of Educational Procurement Inc NATI 4435435540 PO Box 18188 Oklahoma City OK 73154 Sara K Luther Director of Operations 4435435540 2023-10-02 1 Sara Luther XXX-XX-XXXX 1 Hemali Kane EA P01337292 7038930300 2023-09-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X Sara K Luther PO Box 18188 Oklahoma City OK 73154 2355555 0 X https://www.naepnet.org/ X 1921 OK NAEP is a professional association serving colleges and universities nationwide. See Sch O 12 12 5 100 48182 6656 142204 125081 956778 1966857 162748 3841 55945 58857 1317675 2154636 0 33125 0 0 307730 294566 0 0 165353 1342351 1689569 1650081 2017260 -332406 137376 1316674 1064289 802512 520032 514162 544257 To advance the development of ethical and innovative procurement strategies within educational institutions and associated communities through collaboration, professional development, networking and advocacy. 0 0 1200668 0 1142187 Conferences, Meetings, Education and Development: Procurement is consistently growing and changing. To meet these challenges, procurement professionals must continuously build knowledge, skills and abilities through expertise sharing, formal and informal training and ongoing coaching. NAEP offers robust resources, high quality professional development and special events specifically designed for professionals within higher education.The NAEP Annual Meeting provides access in-person to a network of other higher education procurement professionals from around the country to share best practices and success stories. 281705 33125 591385 Membership and Publications: Membership in NAEP is a commitment to developing a world-class procurement department. NAEP provides membership to nearly 1,000 institutions with 5,000+ individual users. Membership provides a forum where campus purchasing professionals might share valuable information.NAEP's Publications allow members to stay up-to-date on industry news and trends. The Educational Procurement Journal is our quarterly magazine that highlights issues relevant to the procurement profession. In addition to being a printed publication, the Educational Procurement Journal is also available in an interactive online format for ease and convenience. NAEP Pulse is an online newsletter published monthly. 1482373 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 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 0 1 41 0 1 5 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 1 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X Krista Ferrell Executive Director 4435435540 PO Box 18188 Oklahoma City OK 73154 Kelly Loll Chair 10.00 X X 0 0 0 Allison Canada Vice Chair 10.00 X X 0 0 0 Aaron Carter Treasurer 10.00 X X 0 0 0 Lenora Sevillan Director 5.00 X 0 0 0 Ray Hsu Director 5.00 X 0 0 0 Jamon Hill Director 5.00 X 0 0 0 Sara Veilleux Director 5.00 X 0 0 0 Natalie Mayfield Director 5.00 X 0 0 0 Milo Crabtree Director 5.00 X 0 0 0 Scott Smith Director 5.00 X 0 0 0 Lindsay Weber Director 5.00 X 0 0 0 Marcos Roybal Director 5.00 X 0 0 0 Krista S Ferrell Executive Director 50.00 X 104457 0 0 104457 0 0 1 0 0 0 The Coulter Company 7918 Jones Branch Drive Suite 300 McLean VA 22102 Association Management 655722 Gaylord Texan Resort 1501 Gaylord Trail Grapevine TX 76051 Conference Hotel 331537 CCR Solutions Inc 4351 35th Street Orlando FL 32811 Event Staging/Mgmt 139469 Cvent Inc 1765 Greensboro Station Place 7th Tysons Corner VA 22102 Event Registration Systems 101270 4 124081 1000 125081 NAEP Annual Meeting 900099 1045232 811947 233285 Membership Dues 900099 591385 591385 E&I Sponsorship 900099 300000 300000 Procurement Academy & 900099 30240 30240 1966857 13602 13602 191158 200919 -9761 -9761 -9761 Advertising 541800 48182 48182 Reimbursements 900099 10675 10675 58857 2154636 1733572 48182 247801 33125 33125 104457 55973 33381 15103 162257 88421 51033 22803 7985 2641 3777 1567 19867 10806 5942 3119 601349 362485 164608 74256 6078 6078 28429 28429 6770 6770 128379 89687 6787 31905 3082 3082 99987 80299 5312 14376 125821 117012 7092 1717 4555 4555 64665 49892 14773 610582 587491 23091 6474 4541 1426 507 Dues and subscriptions 3398 3398 2017260 1482373 369534 165353 431526 309541 22027 0 19892 4045 839368 697951 3861 52752 1316674 1064289 34726 18901 483833 339340 159872 161791 124081 0 802512 520032 X 514162 544257 514162 544257 1316674 1064289 137376 -107281 0 X X 0 1 X 1 0 X 4600 5511 675 142204 125081 278071 1800439 1631540 1195954 920783 1733572 7282288 265446 244615 11142 44341 243960 809504 2070485 1881666 1207771 1107328 2102613 8369863 0 138869 114164 338450 79355 772676 1443514 138869 114164 338450 79355 772676 1443514 6926349 34784 35064 19736 21656 13602 124842 34784 35064 19736 21656 13602 124842 2105269 1916730 1227507 1128984 2116215 8494705 0.81540 0.88740 0.01470 0.03210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 0 X 2040585 -107281 -107281 2147866 6770 6770 2154636 2010490 0 2010490 6770 6770 2017260 Part IV, Line 2b: NAEP holds an investment account to invest reserve cash balances on behalf of NAEP's regional groups. Part X, Line 2: Management has determined that no significant uncertain tax positions qualify for either recognition or disclosure in the financial statements at December 31, 2022 and 2021. 1 Scholarships to attend educational events 18 33123 0 N/A N/A Part I, Line 2: NAEP offers continuing education scholarships for deserving procurement professionals and their dependents to further their education. Form 990, Part I, Line 1, Description of Organization Mission: National Association of Educational Procurement, Inc., (NAEP) is a professional association serving colleges and universities nationwide. NAEP was organized in 1921 to provide a forum where campus purchasing professionals might share valuable information. NAEP is dedicated to serving higher education by providing specialized information to those with purchasing responsibility. NAEP's mission is to advocate the development, exchange, and practice of effective and ethical procurement principles and techniques within the higher education community through continuing education, publications, and networking opportunities. Form 990, Part VI, Section A, line 3 Association management contracted out to MCI USA starting May 1, 2021. Form 990, Part VI, Section A, line 4 The Association filed articles of incorporation with the Oklahoma Secretary of State during 2022. Form 990, Part VI, Section A, line 6 The organization has members. Voting membership in the Association is limited to educational institutions of higher education and private college preparatory schools. Non-voting membership includes Associate Members, Individual Members, and Business Affiliates. Form 990, Part VI, Section A, line 7a Each voting member shall have one vote in the affairs of the Association, which shall be cast by the voting member's designated representative. The members shall take action by the affirmative vote of a majority of voting members present and entitled to vote, in person or by proxy, on the action except where a different vote is required by law, the certificate of incorporation, or the Bylaws. Notwithstanding the preceding sentence, directors are elected by a plurality of the voting members present and entitled to vote, in person or by proxy, at a meeting at which a quorum is present, and district directors are elected by plurality of the voting members of the district present and entitled to vote, in person or by proxy, at a meeting at which a quorum is present, unless the Articles of Incorporation have provided otherwise. Associate membership, individual membership and business affiliates can neither vote nor serve as an officer or director of the Association. Form 990, Part VI, Section A, line 7b The governing body has annual meetings and special meetings. During these meetings the voting members are present and they are entitled to cast a vote regarding the subject matter. Form 990, Part VI, Section B, line 11b The independent accountant prepares an initial draft of 990 based upon the audited financial statements and information provided by management. This initial draft is then reviewed by the management. After this review, any edits or updates are made by the independent accountant and a revised draft is provided to the organization. This draft is then shared with the Finance & Audit Committee for review. After any Finance & Audit Committee edits are incorporated into the 990, the final 990 is then provided to the full Board of Directors. The Board is given 10 days to review and provide any questions or comments. After the 10 day Board review period, the 990 is filed with the IRS. Form 990, Part VI, Section B, line 12c Officers, directors and employees are required to annually disclose any interests that could give rise to conflicts. The conflict of interest policy is monitored on a regular basis. Form 990, Part VI, Section B, line 15a The Board of Directors reviews and approves the compensation for the Executive Director. The Association has no other compensated officers or directors. The Association has no employees that meet the key employee definition. Form 990, Part VI, Section C, line 19 The organization makes governing documents available through their website. The Conflict of Interest Policy and the financial statements are available to the public upon request. Form 990, Part XII, Line 2c: The Finance and Audit Committee is responsible for the oversight of the audit, including the selection of the independent auditor.