AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL INC (EIN 27-4395855)
- Tax period
- 2019-05-01 to 2020-04-30
- Filed
- 2021-02-26
- IRS object ID
- 202130579349301238
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-26T14:07:26-06:00 | ReturnTs |
| Tax Period End | 2020-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2021 L STREET NW SUITE 400 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274395855 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE AMERICAN COLLEGE OF TRUST AND ESTATE | BusinessNameLine1Txt |
| Business Name Line2 | COUNSEL | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AMER | BusinessNameControlTxt |
| Phone | 2026848460 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 15TH STREET NW NO 525 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200052348 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KURT A SOMMER | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2026848460 | PhoneNum |
| Signature | 2021-02-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ELIZABETH W HELLER | PreparerPersonNm |
| PTIN | P00397829 | PTIN |
| Phone | 2022932200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACTEC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEPHEN R AKERS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 15TH STREET NW NO 525 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200052348 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,514,366 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.ACTEC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2011 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | ASSOCIATION OF TRUST AND ESTATE LAWYERS MEETING THE HIGHEST PROFESSIONAL STANDARDS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 40 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 40 | VotingMembersIndependentCnt |
| Total Employee | 15 | TotalEmployeeCnt |
| Total Volunteers | 1600 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,317,206 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,407,342 | CYProgramServiceRevenueAmt |
| PY Investment Income | $161,054 | PYInvestmentIncomeAmt |
| CY Investment Income | $96,136 | CYInvestmentIncomeAmt |
| PY Other Revenue | $23,150 | PYOtherRevenueAmt |
| CY Other Revenue | $10,888 | CYOtherRevenueAmt |
| PY Total Revenue | $6,501,410 | PYTotalRevenueAmt |
| CY Total Revenue | $6,514,366 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $20,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,271,074 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,578,055 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,188,867 | PYOtherExpensesAmt |
| CY Other Expenses | $5,146,880 | CYOtherExpensesAmt |
| PY Total Expenses | $6,479,941 | PYTotalExpensesAmt |
| CY Total Expenses | $6,724,935 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $21,469 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$210,569 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $7,194,230 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,068,404 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,210,779 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,222,336 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,983,451 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,846,068 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | ENHANCE THE ABILITY OF ACTEC MEMBERS TO PROVIDE THE MOST EFFICIENT AND HIGHEST QUALITY SERVICES TO THEIR CLIENTS; DEVELOP QUALIFIED TRUST AND ESTATE COUNSELORS; IMPROVE AND REFORM PROBATE, TRUST AND TAX LAWS, PROCEDURES, AND STANDARDS OF PROFESSIONAL RESPONSIBILITY; AND COOPERATE WITH BAR ASSOCIATIONS AND OTHER ORGANIZATIONS WITH SIMILAR MISSIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | NATIONAL MEETINGS OF THE MEMBERSHIP TO DISCUSS ESTATE AND TRUST LAW. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REGIONAL MEETINGS OF ACTEC FELLOWS FROM STATES AND REGIONS TO DISCUSS ESTATE AND TRUST LAW. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACTEC WEBSITE, PUBLICATIONS, AND OTHER OUTREACH. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 24 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 15 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 40 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 40 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEBORAH OBERST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2026848460 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 15TH STREET NW NO 525 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200052348 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| STEPHEN R AKERS | ||||||||
| PRESIDENT | 20.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANN B BURNS | ||||||||
| PRESIDENT-ELECT | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ROBERT W GOLDMAN | ||||||||
| VICE PRESIDENT | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KURT A SOMMER | ||||||||
| TREASURER | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SUSAN D SNYDER | ||||||||
| SECRETARY | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN A TERRILL II | ||||||||
| IMMEDIATE PAST PRESIDENT | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CHARLES D FOX | ||||||||
| IMMEDIATE PAST PRESIDENT | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GERRY W BEYER | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LORA L BROWN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ELAINE M BUCHER | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHANIE B CASTEEL | ||||||||
| REGENT | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MICKEY R DAVIS | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LAUREN Y DETZEL | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TERRENCE M FRANKLIN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GREGORY V GADARIAN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER H GADSDEN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KEITH BRADOC GALLANT | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER S GORDON | ||||||||
| REGENT | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVEN B GORIN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LYNNE K GREEN | ||||||||
| REGENT | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN W HOLBROOK | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY C HUGHES | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KIM KAMIN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| AMY K KANYUK | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BETH SHAPIRO KAUFMAN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TRENT S KIZIAH | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARGARET G LODISE | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIDGET A LOGSTROM KOCI | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHANIE LOOMIS-PRICE | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS N MASLAND | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| C KEVIN MCCRINDLE | ||||||||
| REGENT | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY MCLAUGHLIN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER T MOTT | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RUDY L OGBURN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS L OVERBEY | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY SCHMIDT ROUSH | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARGARET EW SAGER | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LYNN B SASSIN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BARBARA A SLOAN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES D SPRATT JR | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DALE B STONE | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT E TEMMERMAN JR | ||||||||
| REGENT | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARGARET VAN HOUTEN | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RANDALL ML YEE | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SUZANNE BROWN WALSH | ||||||||
| REGENT | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH O MCKINNON | ||||||||
| EXECUTIVE DIRECTOR | 50.00 | 5.00 | Yes (X) | $313,500 | $16,500 | $25,324 | ||
| VIRNA J TAVAREZ | ||||||||
| STATE & RREGIONAL MEETINGS | 40.00 | 0.00 | $112,883 | $0 | $21,141 | Yes (X) | ||
| DYLAH E WALLENIUS | ||||||||
| MEETINGS DIRECTOR | 40.00 | 0.00 | $129,528 | $0 | $23,008 | Yes (X) | ||
| DONNA M BRAMAN | ||||||||
| COMMITTEES & CLE DIRECTOR | 40.00 | 0.00 | $108,932 | $0 | $15,415 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $664,843 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $16,500 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $84,888 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|
| LAQUINTA RESORT & CLUB | |||||||||
| 222 S RIVERSIDE PLZ STE 2000 | CHICAGO | IL | 60606 | HOTEL | $966,133 | ||||
| GRAND HYATT | |||||||||
| 1000 H ST NW | WASHINGTON | DC | 20001 | HOTEL | $444,355 | ||||
| SUMMIT BUSINESS TECHNOLOGIES | |||||||||
| 8223 CLOVERLEAF DRIVE SUITE 100 | MILLERSVILLE | MD | 21108 | IT, WEBSITE, AND BUSINESS TECHNOLOGY | $350,721 | ||||
| THE WESTIN BAYSHORE VANCOUVER | |||||||||
| HOTEL | $255,968 | 1601 BAYSHORE DRIVE | VANCOUVER | BRITISH COLUMBIA | CA | ||||
| ACCESS DESTINATION SERVICES | |||||||||
| 40-004 COOK STREET SUITE 1 | PALM DESERT | CA | 92211 | MEETING SERVICES | $192,462 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 13 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MEETING REVENUE | 900099 | $3,858,057 | $3,858,057 |
| MEMBERSHIP DUES | 900099 | $2,228,245 | $2,228,245 |
| PUBLICATIONS | 900099 | $243,303 | $243,303 |
| ENROLLMENT FEES | 900099 | $77,737 | $77,737 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,407,342 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $92,278 | TotalRevenueColumnAmt |
| Exclusion | $92,278 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,311 | TotalRevenueColumnAmt |
| Exclusion | $10,311 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,858 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,858 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,858 | TotalRevenueColumnAmt |
| Exclusion | $3,858 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $577 | TotalRevenueColumnAmt |
| Exclusion | $577 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $577 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,514,366 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,407,342 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $107,024 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $360,339 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $901,898 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,163 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,826 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,829 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,141 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,191 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,329 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,785 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,874 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,443 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $214,340 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $355,314 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,927 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,378 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,263,620 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,876 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,430 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PRODUCTION COSTS | $81,156 |
| HR SERVICES AND RECRUIT | $62,657 |
| MEMBERSHIP EXPENSES | $39,310 |
| MISCELLANEOUS | $16,113 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,996 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,724,935 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,865,846 | BOYAmt |
| EOY | $2,197,243 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $177,358 | BOYAmt |
| EOY | $157,926 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,853 | BOYAmt |
| EOY | $55,113 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $558,011 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $325,052 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,941 | BOYAmt |
| EOY | $232,959 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,689,747 | BOYAmt |
| EOY | $3,253,755 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $325,485 | BOYAmt |
| EOY | $171,408 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,194,230 | BOYAmt |
| EOY | $6,068,404 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $984,282 | BOYAmt |
| EOY | $160,140 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,186,142 | BOYAmt |
| EOY | $1,800,885 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,355 | BOYAmt |
| EOY | $261,311 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,210,779 | BOYAmt |
| EOY | $2,222,336 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,983,451 | BOYAmt |
| EOY | $3,846,068 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,983,451 | BOYAmt |
| EOY | $3,846,068 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,194,230 | BOYAmt |
| EOY | $6,068,404 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$210,569 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $32,831 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $40,355 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (1) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,454,079 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $69,655 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $104,000 | OtherExpendituresAmt |
| End Year Balance | $2,419,734 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,369,859 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $188,036 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $103,816 | OtherExpendituresAmt |
| End Year Balance | $2,454,079 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,114,429 | BeginningYearBalanceAmt |
| Contributions | $79,014 | ContributionsAmt |
| Investment Earnings Or Losses | $176,416 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,369,859 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,680,709 | BeginningYearBalanceAmt |
| Contributions | $182,620 | ContributionsAmt |
| Investment Earnings Or Losses | $251,100 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,114,429 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,599,794 | BeginningYearBalanceAmt |
| Contributions | $85,855 | ContributionsAmt |
| Investment Earnings Or Losses | -$4,940 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,680,709 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $457,677 | OtherCostOrOtherBasisAmt |
| Depreciation | $281,832 | DepreciationAmt |
| Book Value | $175,845 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $41,723 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,394 | DepreciationAmt |
| Book Value | $30,329 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $58,611 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,826 | DepreciationAmt |
| Book Value | $26,785 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $232,959 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED RENT | $253,311 |
| DUE TO INTERCOMPANY | $8,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $261,311 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $6,513,412 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $32,831 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $32,831 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,480,581 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $33,785 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $33,785 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,514,366 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,691,150 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,691,150 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $33,785 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $33,785 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,724,935 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 4: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE'S FINANCIAL MANAGEMENT COMMITTEE OVERSEES ITS INVESTMENT POLICIES STATEMENT (IPS) AND RECOMMENDS TO THE BOARD OF REGENTS AN APPROPRIATE ANNUAL ENDOWMENT DRAW TO HELP FUND OPERATIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DEBORAH O MCKINNON | ||||||||||||||
| EXECUTIVE DIRECTOR | $275,500 | $14,500 | $38,000 | $2,000 | $0 | $0 | $13,300 | $700 | $15,522 | $817 | $342,322 | $18,017 | $0 | $0 |
| DYLAH E WALLENIUS | ||||||||||||||
| MEETINGS DIRECTOR | $129,103 | $0 | $425 | $0 | $0 | $0 | $6,476 | $0 | $17,710 | $0 | $153,714 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE FUNCTIONS AS A STEERING COMMITTEE FOR THE BOARD OF REGENTS. BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL CONTROL THE AFFAIRS OF ACTEC, WITH ALL AUTHORITY OF THE BOARD, EXCEPT IT SHALL NOT: (I) AMEND OR REPEAL THE BYLAWS OR ADOPT NEW BYLAWS, (II) FIX DUES, (III) FILL VACANCIES ON THE BOARD OR THE EXECUTIVE COMMITTEE, (IV) CREATE COMMITTEES HAVING THE AUTHORITY OF THE BOARD, (V) ELECT OFFICERS OR MEMBERS OR ADOPT RULES OR REGULATIONS WITH RESPECT TO THE ELECTION OF OFFICERS OR MEMBERS, OR (VI) APPROVE ANY ACTION WHICH ALSO REQUIRES THE APPROVAL OF THE VOTING FELLOWS. THE EXECUTIVE COMMITTEE CONSISTS OF NINE MEMBERS OF THE BOARD OF REGENTS, INCLUDING THE PRESIDENT, PRESIDENT-ELECT, VICE PRESIDENT, SECRETARY, TREASURER AND THE IMMEDIATE PAST PRESIDENT. IN ADDITION, THERE ARE THREE MEMBERS AT LARGE. |
| FORM 990, PART VI, SECTION A, LINE 2 | JOHN A. TERRILL II & MARGARET E.W. SAGER, BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 6 | THERE ARE SIX CLASSES OF MEMBERS OF THE COLLEGE: FELLOW, INTERNATIONAL FELLOW, ACADEMIC FELLOW, JUDICIAL FELLOW, HONORARY FELLOW AND RETIRED FELLOW. (A) FELLOW: TO BE ELIGIBLE TO BE ELECTED AS A FELLOW, A CANDIDATE MUST BE EITHER: (I) A LAWYER WHO IS LICENSED TO PRACTICE IN THE HIGHEST COURT OF ANY STATE OR JURISDICTION OF THE UNITED STATES, WHO PRACTICES IN A JURISDICTION WITHIN THE UNITED STATES, AND WHO HAS NOT LESS THAN TEN YEARS EXPERIENCE IN ACTIVE PRIVATE TRUST AND ESTATE LEGAL PRACTICE, THREE OF WHICH IMMEDIATELY AND CONTINUOUSLY PRECEDE AND ARE CONTINUING AT THE TIME THE NOMINATION IS SUBMITTED AND THE CANDIDATE IS ELECTED. (II) A LAWYER WHO IS LICENSED TO PRACTICE IN THE HIGHEST COURT OF ANY STATE OR JURISDICTION OF THE UNITED STATES, WHO SERVES AS FIDUCIARY COUNSEL WITH A FIDUCIARY SERVICES COMPANY AND WHO HAS A TOTAL OF NOT LESS THAN TEN YEARS' EXPERIENCE (A) AS A LAWYER IN THE ACTIVE PRIVATE PRACTICE OF TRUST AND ESTATE LAW OR (B) AS FIDUCIARY COUNSEL WITH A FIDUCIARY SERVICES COMPANY, OR (C) A COMBINATION THEREOF. TO BE ELIGIBLE TO BE ELECTED AS A FELLOW, A CANDIDATE (A) MUST HAVE A WELL-DESERVED OUTSTANDING REPUTATION IN THE FIELD OF TRUSTS AND ESTATES, (B) MUST HAVE DEMONSTRATED EXCEPTIONAL SKILL IN TRUST AND ESTATE LAW AND (C) MUST HAVE CONTRIBUTED SUBSTANTIALLY TO THE FIELD OF TRUST AND ESTATE LAW BY LECTURING, WRITING, TEACHING, OR BEING INVOLVED IN BAR ACTIVITIES OR IN THE ENACTMENT OF SIGNIFICANT STATE OR FEDERAL TRUST AND ESTATE LEGISLATION. (B) INTERNATIONAL FELLOW: TO BE ELIGIBLE TO BE ELECTED AS AN INTERNATIONAL FELLOW, A CANDIDATE MUST BE: (I) A LAWYER WHO IS LICENSED TO PRACTICE IN THE HIGHEST COURT OF ANY STATE OR JURISDICTION OF THE UNITED STATES, WHO PRACTICES UNITED STATES TRUSTS AND ESTATES LAW IN A COUNTRY OTHER THAN THE UNITED STATES, OR (II) A LAWYER OF A COUNTRY OTHER THAN THE UNITED STATES WHO HAS BEEN LICENSED IN HIS OR HER JURISDICTION AFTER MEETING LICENSING QUALIFICATIONS COMPARABLE TO THE LICENSING QUALIFICATIONS REQUIRED TO BE A FELLOW, AND IS A LAWYER WHO HAS NOT LESS THAN TEN YEARS EXPERIENCE IN ACTIVE PRIVATE TRUST AND ESTATE LEGAL PRACTICE, THREE OF WHICH IMMEDIATELY AND CONTINUOUSLY PRECEDE AND ARE CONTINUING AT THE TIME THE NOMINATION IS SUBMITTED AND THE CANDIDATE IS ELECTED, AND WHOSE TRUST AND ESTATE LEGAL PRACTICE REGULARLY INVOLVES CROSS BORDER WORK BETWEEN THE UNITED STATES AND ANOTHER COUNTRY THAT REQUIRES COORDINATION AND COOPERATION WITH LAWYERS OF BOTH COUNTRIES. (C) ACADEMIC FELLOW: TO BE ELIGIBLE TO BE ELECTED AS AN ACADEMIC FELLOW, A CANDIDATE MUST BE A FULL-TIME TEACHER OF LAW AT A DULY ACCREDITED LAW SCHOOL WHO SPECIALIZES IN TEACHING TRUST AND ESTATE LAW AND WHO HAS A TOTAL OF NOT LESS THAN TEN YEARS' CUMULATIVE EXPERIENCE AS A LAWYER IN THE ACTIVE PRACTICE OF TRUST AND ESTATE LAW OR AS A TRUST AND ESTATE LAW TEACHER, OR A COMBINATION THEREOF. (D) JUDICIAL FELLOW: A FELLOW, INTERNATIONAL FELLOW OR ACADEMIC FELLOW WHO BECOMES A JUDGE MAY DESIGNATE HIMSELF OR HERSELF AS A JUDICIAL FELLOW. UPON CEASING TO BE A JUDGE, A JUDICIAL FELLOW SHALL AUTOMATICALLY REVERT TO HIS OR HER PRIOR MEMBERSHIP CLASSIFICATION. (E) HONORARY FELLOW: TO BE ELIGIBLE TO BE ELECTED AS AN HONORARY FELLOW, A CANDIDATE MUST BE A NOTABLE LAWYER, JUDGE OR JUSTICE OF PREEMINENT DISTINCTION IN THE UNITED STATES OR A NOTABLE CITIZEN OF ANOTHER COUNTRY WHO HAS MADE A SUBSTANTIAL CONTRIBUTION TO THE TRUST AND ESTATE FIELD OF LEGAL PRACTICE. (F) RETIRED FELLOW: ANY FELLOW, INTERNATIONAL FELLOW, FORMER FELLOW, FORMER INTERNATIONAL FELLOW, ACADEMIC FELLOW, OR FORMER ACADEMIC FELLOW WHO, IN ACCORDANCE WITH CRITERIA ESTABLISHED FROM TIME TO TIME BY THE BOARD OF REGENTS, HAS RETIRED AND ELECTS THIS CLASS OF MEMBERSHIP. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE "MEMBERSHIP ADMINISTRATOR" SHALL BE RESPONSIBLE FOR PROCESSING ALL NOMINATIONS FOR ELECTION AS A FELLOW, INTERNATIONAL FELLOW, ACADEMIC FELLOW, OR HONORARY FELLOW. |
| FORM 990, PART VI, SECTION A, LINE 7B | A FELLOW, INTERNATIONAL FELLOW OR ACADEMIC FELLOW IN GOOD STANDING MAY NOMINATE A PERSON MEETING THE REQUIREMENTS FOR ELECTION AS A FELLOW, INTERNATIONAL FELLOW, ACADEMIC FELLOW, OR HONORARY FELLOW. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE RETURN IS REVIEWED BY MANAGEMENT AND THE COLLEGE'S AUDIT COMMITTEE. THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF REGENTS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE PUT ITS CONFLICT OF INTEREST POLICY INTO PLACE IN THE FALL OF 2010. THE COLLEGE MONITORS ITS CONFLICT OF INTEREST POLICY TO ADDRESS ANY ACTUAL OR PERCEIVED CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | EACH YEAR, THE EXECUTIVE COMMITTEE, IN CONJUNCTION WITH THE EXECUTIVE COMPENSATION COMMITTEE, EVALUATES THE PERFORMANCE AND COMPENSATION OF THE EXECUTIVE DIRECTOR, WHO IS THE COLLEGE'S CEO AND TOP MANAGEMENT OFFICIAL. AS NECESSARY, THE EXECUTIVE COMMITTEE CONSULTS OUTSIDE ADVISORS, REVIEWS AGAINST MARKET DATA, AND CONTEMPORANEOUSLY DOCUMENTS ITS DECISION PROCESS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | GAIN ON WRITE-OFF OF DEFERRED RENT LIABILITY 40,355. |
| FORM 990, PART XII, LINE 2C: | THE COLLEGE'S AUDIT COMMITTEE SELECTS THE INDEPENDENT AUDIT FIRM CHARGED WITH CONDUCTING THE ANNUAL AUDIT. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| FLORIDA FELLOWS INSTITUTE LLC | |||||||||
| 901 15TH ST NW SUITE 525 | WASHINGTON | DC | 20005 | 274395855 | EDUCATIONAL | DE | $0 | $108,229 | ACTEC |
| HEART OF AMERICA FELLOWS INSTITIUTE LLC | |||||||||
| 901 15TH ST NW SUITE 525 | WASHINGTON | DC | 20005 | 274395855 | EDUCATIONAL | DE | $41,000 | $22,656 | ACTEC |
| MID-ATLANTIC FELLOWS INSTITUTE LLC | |||||||||
| 901 15TH ST NW SUITE 525 | WASHINGTON | DC | 20005 | 274395855 | EDUCATIONAL | DE | $161,200 | $143,276 | ACTEC |
| SOUTHEAST FELLOWS INSTITUTE LLC | |||||||||
| 901 15TH ST NW SUITE 525 | WASHINGTON | DC | 20005 | 274395855 | EDUCATIONAL | DE | $0 | $3,600 | ACTEC |
| NEW ENGLAND FELLOWS INSTITUTE LLC | |||||||||
| 901 15TH ST NW SUITE 525 | WASHINGTON | DC | 20005 | 274395855 | EDUCATIONAL | DE | $0 | $0 | ACTEC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 15TH STREET NW SUITE 525 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 275024342 | EIN |
| Primary Activities | PROMOTES SCHOLARSHIP AND EDUCATION IN TRUST, ESTATE AND TAX. | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |