2022-11-15T11:20:22-06:00 2021-12-31 420714325 RSM US LLP 4 TIMES SQUARE NEW YORK NY 10036 990 2021-01-01 472578950 UMA EDUCATION INC UMAE 8138982588 9309 NORTH FLORIDA AVENUE 100 TAMPA FL 33612 THOMAS RAMETTA PRESIDENT 8138982588 2022-11-15 1 THOMAS RAMETTA XXX-XX-XXXX LYNNE JOHNSON P00757336 2123721000 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X SEE SCHEDULE O THOMAS RAMETTA 9309 NORTH FLORIDA AVENUE 100 TAMPA FL 33612 321376313 0 X WWW.ULTIMATEMEDICAL.EDU X 2014 DE SEE SCHEDULE O 11 10 2855 0 26537 2007 0 0 332406585 321071758 531576 113403 337500 -608815 333275661 320576346 10512376 9705125 0 0 146188123 146319507 0 0 0 143423183 149929336 300123682 305953968 33151979 14622378 546392502 547011615 407724653 393986009 138667849 153025606 X SEE SCHEDULE OUMA EDUCATION, INC. OPERATES ULTIMATE MEDICAL ACADEMY, AN EDUCATIONAL INSTITUTION COMMITTED TO EQUIPPING AND EMPOWERING STUDENTS FOR HEALTHCARE CAREERS. HEADQUARTERED IN TAMPA AND HAVING A NATIONAL PRESENCE, THE ORGANIZATION STRIVES TO PROVIDE A LEARNING EXPERIENCE THAT MAXIMIZES VALUE FOR OUR STUDENTS IN A PROFESSIONAL AND SUPPORTIVE ENVIRONMENT. 0 0 275426938 9705125 321098296 SCHEDULE O THE ORGANIZATION PROVIDES PROGRAMS THAT PREPARE STUDENTS FOR ROLES IN THE HEALTHCARE INDUSTRY. THE ORGANIZATION'S STUDENT POPULATION FOR SUCH PROGRAMS WAS APPROXIMATELY 13,320 AS OF DECEMBER 31, 2021, WITH APPROXIMATELY 320 ACTIVE FACULTY STAFF MEMBERS.SPECIFICALLY, THE ORGANIZATION OFFERS THE FOLLOWING PROGRAMS:-ASSOCIATE DEGREE PROGRAMS HEALTH AND HUMAN SERVICES HEALTH INFORMATION MANAGEMENT HEALTH INFORMATION TECHNOLOGY HEALTH SCIENCE HEALTHCARE MANAGEMENT MEDICAL BILLING AND CODING HEALTHCARE ACCOUNTING-DIPLOMA PROGRAMS DENTAL ASSISTANT WITH EXPANDED FUNCTIONS HEALTHCARE TECHNOLOGY & SYSTEMS MEDICAL ADMINISTRATIVE ASSISTANT MEDICAL ASSISTANT MEDICAL BILLING AND CODING MEDICAL OFFICE AND BILLING SPECIALIST NURSING ASSISTANT PATIENT CARE TECHNICIAN PHARMACY TECHNICIAN PHLEBOTOMY TECHNICIANTHE ORGANIZATION PROVIDES ROBUST LEARNER AND CAREER SERVICES TO HELP PRODUCE STRONG OUTCOMES FOR ITS STUDENTS. SUCH SERVICES INCLUDE TUTORING, MENTORING, LIFE SKILLS COACHING, FINANCIAL LITERACY TRAINING, CAREER READINESS PREPARATION, AND JOB PLACEMENT ASSISTANCE.THE ORGANIZATION ALSO PROVIDES NUMEROUS CONTINUING MEDICAL EDUCATION ACTIVITIES FOR HEALTHCARE PROFESSIONALS IN BOTH LIVE AND ONLINE SETTINGS. THESE ACTIVITIES DIFFER FROM YEAR TO YEAR GIVEN THE EDUCATIONAL NEEDS OF PHYSICIANS, NURSES, PHARMACISTS, AND OTHER MEDICAL PROFESSIONALS. 275426938 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 415 0 1 2855 1 1 1 0 0 0 0 0 0 0 0 0 1 0 X 11 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 1 DE FL OK X NICOLE ANZUONI GENERAL COUNSEL C 8138982588 9309 NORTH FLORIDA AVENUE 100 TAMPA FL 33612 RAMETTA THOMAS PRESIDENT 40.00 2.00 X X 1284886 0 30868 BAILEY DARLYNE CHAIR OF THE BOARD 15.00 3.00 X X 70000 0 0 POLIN THEODORE L VICE CHAIR OF THE BOARD 10.00 2.00 X X 60000 0 0 BURGHARDT STEPHEN BOARD MEMBER 10.00 2.00 X 50000 0 0 FRIEDMAN RICHARD BOARD MEMBER (UNTIL 12/31/21) 10.00 2.00 X 50000 0 0 HAWK CHRISTOPHER BOARD MEMBER 10.00 2.00 X 50000 0 0 MCDEVITT SHEILA BOARD MEMBER 10.00 2.00 X 50000 0 0 WOOTTEN MATTHEW BOARD MEMBER (UNTIL 12/31/21) 10.00 2.00 X 50000 0 0 CAMPBELL HUGH BOARD MEMBER (FROM 11/01/21) 10.00 2.00 X 0 0 0 MINCEY KAREN BOARD MEMBER (FROM 11/01/21) 10.00 2.00 X 0 0 0 WALL-WILLIAMS SAUNDRA BOARD MEMBER (FROM 11/01/21) 10.00 2.00 X 0 0 0 MIGNONE LINDA EXEC. VP & CHIEF MKT. OFFICER 40.00 0.00 X 681363 0 13708 ANZUONI NICOLE M EVP & GENERAL COUNSEL / CORP. SEC. 40.00 2.00 X 672274 0 17095 HYLAND ROBERT G EXECUTIVE VICE PRESIDENT 40.00 0.00 X 688694 0 26967 SCHAFFRATH ALEXANDRA EVP & CHIEF FIN. & STRATEGY OFFICER 40.00 2.00 X 643473 0 34905 REESE JEFFREY B ASSOC. GEN. COUNSEL/ASST. CORP. SEC. 40.00 2.00 X 177515 0 3173 BECKER MICHAEL SVP STUDENT ENGAGEMENT (UNTIL 12/03/21) 40.00 0.00 X 680475 0 26608 MUELLER GREGORY SVP, OPERATIONS 40.00 0.00 X 584914 0 12496 NEUMANN APRIL SENIOR VICE PRESIDENT 40.00 0.00 X 532098 0 11559 EDWARDS SUSAN A CHIEF COMPLIANCE OFFICER 40.00 0.00 X 533105 0 27493 DONAHUE DAVID A SVP & CHIEF OF STAFF 40.00 0.00 X 455917 0 29043 GARLAND ELIZABETH F SVP HUMAN RESOURCES (UNTIL 11/19/21) 40.00 0.00 X 450533 0 10565 GRZYBOWSKI ANDREW VICE PRESIDENT 40.00 0.00 X 714131 32495 860 GUERRIERO JOHN G DIRECTOR OF ADVOCACY & PARTNERSHIPS 40.00 0.00 X 457344 24069 2209 KENDALL SITARSKI LAURA K SR. COUNSEL(FORMER ASST.SEC. 6/3/17) 0.00 0.00 X 193877 0 1191 9130599 56564 248740 150 1 1 0 GOOGLE INC 1600 AMPHITHEATRE PKWY MOUNTAIN VIEW CA 94043 RECRUITING SUPPORT 8659179 PROGRESS INTERACTIVE MEDICAL EDUCATION 20 COMMERCE DRIVE STE 135 CRANFORD NJ 07016 CME ACTIVITIES 5302557 ADHERE INC 97 SOUTH SECOND STREET SAN JOSE CA 95113 RECRUITING SUPPORT 5239365 ARCHER EDUCATION INC 12555 W JEFFERSON BLVD STE 202 LOS ANGELES CA 90066 RECRUITING SUPPORT 4918330 ANSWERS IN CME INC 71 BROADWAY 2B STE 185 NEW YORK NY 10006 CME ACTIVITIES 3933225 78 TUITION REVENUE 611210 278766252 278766252 CONTINUING MEDICAL EDU 611210 41808023 41808023 CME - OTHER 611430 497483 497483 321071758 151437 151437 100043 761933 -661890 -661890 -661890 38034 -38034 -38034 -38034 ADMINISTRATIVE SERVICE 561000 53075 26538 26537 53075 320576346 321098296 26537 -548487 395375 395375 9309750 9309750 6677442 3864359 2813083 96000 96000 119024500 105019751 14004749 824807 742632 82175 10985744 9940738 1045006 8711014 7948412 762602 1571249 1571249 452325 452325 36315 36315 11318477 8535894 2782583 44029349 44016413 12936 1367191 883412 483779 7358624 3642719 3715905 7714288 7415713 298575 251195 32456 218739 423268 95999 327269 11685362 11685362 4183375 4183375 1008759 222845 785914 CME ACTIVITY 22183952 22183952 UNCOLLECTIBLE DEBTS 18645113 18645113 TEXTBOOKS 8517683 8517683 EDUCATIONAL SUPPLIES 6984666 6984666 2198145 1160319 1037826 305953968 275426938 30527030 0 111172940 111207777 25000000 25001253 16613941 18080761 849030 960222 8710508 11308052 37179855 22774662 14148748 14405193 2085817 314417913 311908787 55479422 52053753 546392502 547011615 44982864 42539494 8881486 7657934 50290343 45403461 183376143 181909908 1218592 523177 71977400 72068326 46997825 43883709 407724653 393986009 X 138667849 153025606 138667849 153025606 546392502 547011615 14622378 -264621 0 X 0 1 X 1 1 1 X 0 0 306715902 306715902 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 PART II-A: THE ORGANIZATION HAS CONTRACTS WITH PRIVATE COMPANIES WHO PROVIDED INFORMATION TO UMA EDUCATION, INC. ON FEDERAL AND STATE EXECUTIVE AND LEGISLATIVE MATTERS DURING 2021. THESE PRIVATE COMPANIES RECEIVED TOTAL PAYMENTS OF $101,500 FROM THE ORGANIZATION. THE ORGANIZATION ALSO PAYS DUES TO TRADE ASSOCIATIONS, SOME OF WHICH MAY BE USED FOR LOBBYING PURPOSES. 11745650 5348312 6397338 9172868 7187468 1985400 16261337 10238882 6022455 14405193 DEPOSITS 695293 DEBT SERVICE RESERVE FUND 19622184 RIGHT OF USE ASSETS HELD UNDER OPERATING LEASES, NET 31527054 RIGHT OF USE ASSETS HELD UNDER FINANCE LEASES, NET 169187 SUBLEASE RECEIVABLE 40035 52053753 OPERATING LEASE OBLIGATIONS 43883709 43883709 X PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") WHEREBY ONLY UNRELATED BUSINESS INCOME AS DEFINED BY SECTION 512(A)(1) OF THE IRC IS SUBJECT TO FEDERAL INCOME TAX. ANY TAX ON THE UNRELATED BUSINESS ACTIVITIES IS NOT SIGNIFICANT TO THE CONSOLIDATED FINANCIAL STATEMENTS. ACCORDINGLY, NO PROVISION OR LIABILITY FOR FEDERAL OR STATE INCOME TAXES IS RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE FASB REQUIRES MANAGEMENT TO ANNUALLY EVALUATE THE ORGANIZATION'S TAX POSITIONS, INCLUDING ACCOUNTING AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. FOR THE YEAR ENDED DECEMBER 31, 2021, MANAGEMENT CONCLUDED THAT NO UNCERTAIN TAX POSITIONS HAD BEEN TAKEN THAT WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2018. 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH ITS SCHOOL CATALOG AND ON ITS OWN WEBSITE. THE ORGANIZATION PROVIDES POST-SECONDARY EDUCATION TO STUDENTS DRAWN FROM A WIDE GEOGRAPHIC AREA AND A SUBSTANTIAL PERCENTAGE OF ITS STUDENT BODY REPRESENTS MINORITY POPULATIONS IN THE US. SCHEDULE E, PART I, LINE 4 UMA EDUCATION, INC. CURRENTLY DOES NOT SOLICIT CONTRIBUTIONS. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: THE ORGANIZATION RECEIVES FUNDS FROM GOVERNMENTAL AGENCIES, INCLUDING THE U.S. DEPARTMENT OF EDUCATION. IN APRIL 2020, UMAE'S CLEARWATER, FLORIDA CAMPUS WAS AWARDED A STUDENT PORTION AND AN INSTITUTIONAL PORTION THROUGH THE HIGHER EDUCATION EMERGENCY RELIEF FUND ("HEERF") AS PART OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (THE "CARES ACT"). AS PART OF THIS HEERF I AWARD, THE STUDENT PORTION WAS DISTRIBUTED TO ELIGIBLE STUDENTS WHO DEMONSTRATED NEED. WHILE THE INSTITUTIONAL PORTION COULD BE USED FOR IDENTIFIED INSTITUTIONAL PURPOSES, UMAE OPTED TO USE ALL OF THE INSTITUTIONAL PORTION FOR STUDENT GRANTS AS WELL. AS OF DECEMBER 31, 2020, UMAE HAD DISTRIBUTED ALL OF THE STUDENT PORTION TO ELIGIBLE STUDENTS WHO DEMONSTRATED NEED AND HAD DISBURSED A PORTION OF THE INSTITUTIONAL PORTION TO ELIGIBLE STUDENTS WHO DEMONSTRATED NEED. THE FUNDS RELATED TO AMOUNTS GIVEN TO STUDENTS AT THE CLEARWATER, FLORIDA CAMPUS ARE RECORDED AS ZERO NET REVENUE SINCE THERE IS NO EFFECT ON UMAE'S RESULTS OF OPERATIONS OR CASH. IN DECEMBER 2020, UMAE WAS ALLOCATED AN ADDITIONAL STUDENT PORTION AND INSTITUTIONAL PORTION UNDER HEERF II, AS PART OF THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT ("CRRSAA"). THESE AMOUNTS WERE CALCULATED BY THE UNITED STATES DEPARTMENT OF EDUCATION BASED ON THE STUDENT POPULATION AT BOTH UMAE'S CLEARWATER, FLORIDA, AND ONLINE CAMPUSES. DURING THE YEAR ENDING DECEMBER 31, 2021, UMAE DISTRIBUTED A PORTION OF THE FUNDS RECEIVED UNDER HEERF II TO STUDENTS WHO DEMONSTRATED NEED. THE FUNDS RELATED TO AMOUNTS GIVEN TO STUDENTS ARE RECORDED AS ZERO NET REVENUE SINCE THERE IS NO EFFECT ON UMAE'S RESULTS OF OPERATIONS OR CASH. UMAE PLANS TO USE THE REMAINING HEERF II INSTITUTIONAL FUNDS FOR INSTITUTIONAL PURPOSES PERMITTED BY THE CRRSAA AND ITS INTERPRETING GUIDANCE. IN MARCH 2021, UMAE WAS ALLOCATED AN ADDITIONAL STUDENT PORTION AND AN ADDITIONAL INSTITUTIONAL PORTION UNDER HEERF III AS PART OF THE AMERICAN RESCUE PLAN ACT ("ARP"). THESE ALLOCATION AMOUNTS WERE CALCULATED BY THE U.S. DEPARTMENT OF EDUCATION BASED ON THE STUDENT POPULATION AT BOTH UMAE'S CLEARWATER, FLORIDA AND ONLINE CAMPUSES. DURING THE YEAR ENDING DECEMBER 31, 2021, UMAE DISTRIBUTED PART OF THE HEERF III STUDENT PORTION TO ELIGIBLE STUDENTS WHO DEMONSTRATED NEED. THE FUNDS RELATED TO AMOUNTS GIVEN TO STUDENTS ARE RECORDED AS ZERO NET REVENUE SINCE THERE IS NO EFFECT ON UMAE'S RESULTS OF OPERATIONS OR CASH. UMAE PLANS TO USE THE REMAINING HEERF III INSTITUTIONAL FUNDS FOR INSTITUTIONAL PURPOSES PERMITTED BY THE ARP AND ITS INTERPRETING GUIDANCE. UMAE ALSO RECEIVED ADDITIONAL HEERF INSTITUTIONAL FUNDS BASED ON UMAE'S STATUS AS A MINORITY SERVING INSTITUTION ("MSI"). DURING THE YEAR ENDING DECEMBER 31, 2021, UMAE DREW-DOWN A PORTION OF THE MSI HEERF FUNDS AND APPLIED THEM TO AN ALLOWABLE INSTITUTIONAL EXPENSE PERMITTED UNDER APPLICABLE GUIDANCE. UMAE PLANS TO USE THE REMAINING MSI HEERF INSTITUTIONAL FUNDS FOR INSTITUTIONAL PURPOSES PERMITTED UNDER APPLICABLE GUIDANCE. 1 AMERICAN HEART ASSOCIATION INC 7272 GREENVILLE AVENUE DALLAS TX 752314596 135613797 501(C)(3) 20000 0 CONTRIBUTION FOR "2021 TAMPA BAY GO RED FOR WOMEN" BIG BROTHERS BIG SISTERS 4630 WOODLAND CORP BLVD STE 160 TAMPA FL 33614 592173085 501(C)(3) 15000 0 SPONSORSHIP FOR ART OF HELPING CHILDREN VIRTUAL GALA CLINICAL AND PATIENT EDUCATORS ASSOCIATION 303 S BROADWAY SUITE 200-525 DENVER CO 80209 272280465 501(C)(3) 35000 0 CONTRIBUTION FOR GENERAL PURPOSE FAPSC FOUNDATION 777 NORTH ASHLEY DRIVE UNIT 1310 TAMPA FL 33602 842419350 501(C)(3) 10000 0 CONTRIBUTION FOR GENERAL PURPOSE FEEDING TAMPA BAY 4702 TRANSPORT DRIVE BLDG 6 TAMPA FL 33605 592116576 501(C)(3) 15375 0 CONTRIBUTION FOR GENERAL PURPOSE SCHOOLS MENTORING AND RESOURCE TEAM 1061 MARKET ST MEZZANINE SAN FRANCISCO CA 941031667 943287468 501(C)(3) 220000 0 CONTRIBUTION FOR GENERAL PURPOSE THE YOUTH MENTAL HEALTH PROJECT 9011 1ST AVE SILVER SPRING MD 209102148 812079516 501(C)(3) 75000 0 CONTRIBUTION FOR GENERAL PURPOSE 7 0 UMA INSTITUTIONAL GRANTS TO STUDENTS 5207 9309750 PART I, LINE 2: CASH OR NON-CASH DONATIONS TO DOMESTIC ORGANIZATIONS ARE MONITORED BY SENIOR MANAGEMENT AND THE FINANCE DEPARTMENT TO ENSURE APPROPRIATENESS OF USE OF FUNDS AND ADHERENCE TO THE ORGANIZATION'S PHILANTROPIC MISSION. THE AWARDING OF UMA INSTITUTIONAL GRANTS IS MONITORED BY OUR STUDENT FINANCE DEPARTMENT WHICH ESTABLISHES AND MAINTAINS EFFECTIVE INTERNAL CONTROLS OVER COMPLIANCE WITH THE REQUIREMENTS OF THE INSTITUTIONAL GRANTS. ALL STUDENTS RECEIVING GRANTS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF THE ELIGIBILITY REQUIREMENTS, SUCH AS ACADEMIC ACHIEVEMENT AND FINANCIAL NEED. 1 X X X X 1 0 0 0 0 0 0 0 0 RAMETTA THOMAS PRESIDENT 636048 0 648838 0 0 0 1980 0 28888 0 1315754 0 0 0 GRZYBOWSKI ANDREW VICE PRESIDENT 174134 32495 539997 0 0 0 309 0 310 241 714750 32736 0 0 HYLAND ROBERT G EXECUTIVE VICE PRESIDENT 405513 0 283181 0 0 0 2805 0 24162 0 715661 0 0 0 BECKER MICHAEL SVP STUDENT ENGAGEMENT (UNTIL 12/03/21) 405084 0 235936 0 39455 0 2539 0 24069 0 707083 0 0 0 MIGNONE LINDA EXEC. VP & CHIEF MKT. OFFICER 423820 0 257543 0 0 0 4251 0 9457 0 695071 0 0 0 ANZUONI NICOLE M EVP & GENERAL COUNSEL / CORP. SEC. 407863 0 264411 0 0 0 0 0 17095 0 689369 0 0 0 SCHAFFRATH ALEXANDRA EVP & CHIEF FIN. & STRATEGY OFFICER 398522 0 244951 0 0 0 4115 0 30790 0 678378 0 0 0 MUELLER GREGORY SVP, OPERATIONS 362345 0 222569 0 0 0 3648 0 8848 0 597410 0 0 0 EDWARDS SUSAN A CHIEF COMPLIANCE OFFICER 355003 0 178102 0 0 0 3331 0 24162 0 560598 0 0 0 NEUMANN APRIL SENIOR VICE PRESIDENT 335273 0 196825 0 0 0 3361 0 8198 0 543657 0 0 0 DONAHUE DAVID A SVP & CHIEF OF STAFF 317223 0 138694 0 0 0 3252 0 25791 0 484960 0 0 0 GUERRIERO JOHN G DIRECTOR OF ADVOCACY & PARTNERSHIPS 128810 24069 328534 0 0 0 1273 481 243 212 458860 24762 0 0 GARLAND ELIZABETH F SVP HUMAN RESOURCES (UNTIL 11/19/21) 302386 0 148147 0 0 0 2792 0 7773 0 461098 0 0 0 KENDALL SITARSKI LAURA K SR. COUNSEL(FORMER ASST.SEC. 6/3/17) 181800 0 12077 0 0 0 1056 0 135 0 195068 0 0 0 REESE JEFFREY B ASSOC. GEN. COUNSEL/ASST. CORP. SEC. 152180 0 25335 0 0 0 2455 0 718 0 180688 0 0 0 PART I, LINE 4A BECKER, MICHAEL, SENIOR VICE PRESIDENT - STUDENT ENGAGEMENT, LEFT THE POSITION IN DECEMBER 2021. HE RECEIVED $39,455 IN PAYMENT UNDER A SEPARATION AGREEMENT DURING THE CALENDAR YEAR 2021 AND IT IS REPORTED IN PART II, COLUMN (B)(II) AND (III). A PUBLIC FINANCE AUTHORITY 273866124 74442PMU6 2019-12-19 187658921 SEE PART VI 0 0 0 A 187658921 13862093 2732854 109145 170954829 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 PART I, COLUMN (F): TO REFINANCE THE COSTS OF THE ACQUISITION OF THE ASSETS THAT COMPRISE THE HEALTHCARE EDUCATIONAL INSTITUTION KNOWN AS ULTIMATE MEDICAL ACADEMY. PART II, LINE 11: AMOUNT OF SERIES 2019A BOND USED TO REFINANCE A PORTION OF THE ACQUISITION NOTE. PART II, LINE 13: THE PROCEEDS OF THE BONDS WERE APPLIED TO REFINANCE TAXABLE DEBT AND ACCORDINGLY, THE SUBSTANTIAL COMPLETION DATE IS NOT APPLICABLE. FORM 990, PART I, ITEM C DBA: ULTIMATE MEDICAL ACADEMY DBA: COMPLETE CONFERENCE MANAGEMENT DBA: GLOBAL EDUCATION GROUP DBA: MED LEARNING GROUP FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: UMA EDUCATION, INC. OPERATES ULTIMATE MEDICAL ACADEMY, AN EDUCATIONAL INSTITUTION COMMITTED TO EQUIPPING AND EMPOWERING STUDENTS FOR HEALTHCARE CAREERS. HEADQUARTERED IN TAMPA AND HAVING A NATIONAL PRESENCE, THE ORGANIZATION STRIVES TO PROVIDE A LEARNING EXPERIENCE THAT MAXIMIZES VALUE FOR OUR STUDENTS IN A PROFESSIONAL AND SUPPORTIVE ENVIRONMENT. THE ORGANIZATION OFFERS CONTENT-RICH, INTERACTIVE ONLINE COURSES AS WELL AS HANDS-ON TRAINING AT ITS CAMPUSES. THE ORGANIZATION OFFERS ITS STUDENTS EXTENSIVE ACADEMIC ADVISING, ONE-ON-ONE OR GROUP TUTORING, RESUME AND INTERVIEW COACHING, JOB SEARCH ASSISTANCE, TECHNICAL SUPPORT AND MORE. THE INSTITUTION IS ACCREDITED BY THE ACCREDITING BUREAU OF HEALTH EDUCATION SCHOOLS. THE ORGANIZATION ALSO PROVIDES CONTINUING MEDICAL EDUCATION ("CME"), EDUCATING PHYSICIANS, NURSES, AND OTHER MEDICAL PROFESSIONALS THROUGHOUT THE UNITED STATES. THE ORGANIZATION'S CME DIVISION UTILIZES INNOVATIVE ONLINE COURSES AS WELL AS LIVE CONFERENCES THAT EMPLOY INDUSTRY CURRENT TECHNOLOGY TO MAXIMIZE THE LEARNER EXPERIENCE AND, ULTIMATELY, IMPROVE PATIENT OUTCOMES. THE ORGANIZATION IS ALSO ACCREDITED BY THE ACCREDITATION COUNCIL FOR CONTINUING MEDICAL EDUCATION AND SEVERAL OTHER MEDICAL PROFESSIONAL ACCREDITING BODIES. FORM 990, PART VI, SECTION A, LINE 1A THOMAS RAMETTA CANNOT VOTE ON HIS OWN COMPENSATION OR EMPLOYMENT. ALL OTHER VOTING RIGHTS AMONGST MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 CLINICAL AND PATIENT EDUCATORS ASSOCIATION ("CPEA") IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A CPEA HAS THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF TRUSTEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN MAJOR GOVERNANCE DECISIONS OF THE ORGANIZATION REQUIRE APPROVAL OF CPEA, THE SOLE MEMBER OF THE ORGANIZATION. SPECIFICALLY, THE BOARD OF TRUSTEES OF THE ORGANIZATION MUST OBTAIN THE APPROVAL OF CPEA BEFORE EXECUTING ANY AGREEMENT OF MERGER OR CONSOLIDATION, APPROVING THE DISSOLUTION OF THE ORGANIZATION, OR APPROVING THE SALE OR EXCHANGE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WORKED WITH AN OUTSIDE ACCOUNTANT TO PREPARE THE FORM 990. MANAGEMENT REVIEWED THE DRAFT FORM 990 WITH THE OUTSIDE ACCOUNTANT. A FINALIZED DRAFT OF THE FULL FORM 990 IS PROVIDED TO THE WHOLE BOARD PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A CONFLICT OF INTEREST POLICY TO PROTECT THE INTEGRITY OF THE ORGANIZATION, INCLUDING AS IT RELATES TO ANY TRANSACTION THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR TRUSTEE OF THE ORGANIZATION. ALL TRUSTEES AND OFFICERS ARE COVERED UNDER THE POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE INTERESTED PERSON MUST DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF TRUSTEES. AFTER DISCLOSURE OF SUCH FACTS, THE INTERESTED PARTY MAY NOT PARTICIPATE IN THE DETERMINATION OF A CONFLICT OF INTEREST. THE BOARD WILL DECIDE IF A CONFLICT EXISTS. IF A CONFLICT IS DETERMINED TO EXIST, THE INTERESTED PERSON MUST RECUSE HIMSELF OR HERSELF FROM PARTICIPATION IN THE DELIBERATIONS ON THE RELATED PARTY TRANSACTION. THE BOARD WILL EVALUATE WHETHER THE TRANSACTION IS FAIR, REASONABLE, AND IN THE BEST INTEREST OF THE ORGANIZATION AND WHETHER AN ALTERNATIVE TO THE TRANSACTION IS REASONABLY ACHIEVABLE. FOLLOWING SUCH EVALUATION, THE BOARD SHALL DECIDE WHETHER TO APPROVE THE TRANSACTION. TRUSTEES AND OFFICERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE TOP MANAGEMENT OFFICIAL AND CERTAIN OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION WAS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, WHICH IS COMPRISED ENTIRELY OF INDEPENDENT TRUSTEES, AFTER REVIEWING COMPARABLE COMPENSATION INFORMATION PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTING FIRM. THE FIRM PROVIDED THAT INFORMATION BASED ON ITS PERFORMANCE OF A STUDY FOR THE COMMITTEE TO EVALUATE THE COMPENSATION LEVELS OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS WERE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 990-T AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). UMA MLG LLC (UNTIL SEPT 2021) 9309 NORTH FLORIDA AVENUE SUITE 100 TAMPA FL 33612 900958878 CONTINUING MEDICAL EDUCATION DE 20533721 9565678 UMA EDUCATION INC CLINICAL AND PATIENT EDUCATORS ASSOCIATION 303 S BROADWAY SUITE 200-525 DENVER CO 80209 272280465 CONTINUING MEDICAL EDUCATION CO 501(C)(3) LINE 7 N/A 0 MED LEARNING GROUP LLC (SEPT 2021 - DEC 2021) 9309 NORTH FLORIDA AVENUE SUITE 100 TAMPA FL 33612 900958878 CONTINUING MEDICAL EDUCATION FL UMA EDUCATION INC RELATED -42825 7623659 0 0 0.51130 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 MED LEARNING GROUP LLC B 2309126 BOOK VALUE MED LEARNING GROUP LLC L 53075 BOOK VALUE MED LEARNING GROUP LLC M 746807 BOOK VALUE