2016-10-03T12:53:23-05:00 2015-12-31 420714325 RSM US LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2015-01-01 526041929 AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION AMER 2022932450 1307 NEW YORK AVE NW NO 300 WASHINGTON DC 200054701 JERALD D WIRTH CFO 2022932450 2016-10-03 1 WILLIAM E TURCO CPA P00369217 3012963600 2015 2017-02-10 21:41:12Z SHARON P ROBINSON 1307 NEW YORK AVE NW NO 300 WASHINGTON DC 200054701 6643309 0 X WWW.AACTE.ORG X 1948 DC AACTE LEADS THE FIELD IN ADVOCATING FOR AND BUILDING CAPACITY FOR HIGH-QUALITY EDUCATOR PREPARATION PROGRAMS IN A DYNAMIC LANDSCAPE. 28 28 32 28 23553 -250 1223129 843876 5159832 5231990 181031 187804 403567 363330 6967559 6627000 0 74669 0 0 2851679 3351057 0 0 0 2458829 2880749 5310508 6306475 1657051 320525 12455314 12454675 6450077 6330100 6005237 6124575 X AACTE LEADS THE FIELD IN ADVOCATING FOR AND BUILDING CAPACITY FOR HIGH-QUALITY EDUCATOR PREPARATION PROGRAMS IN A DYNAMIC LANDSCAPE. 0 0 1933668 63860 FEDERAL AND STATE 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. 1252468 5455123 ANNUAL MEETING, PROFESSIONAL DEVELOPMENT AND ISSUES: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. 681989 CONTRACTS AND GRANTS:THE ASSOCIATION CONDUCTS SPECIAL STUDIES AND OTHER PROGRAMS RELATIVE TO THE GENERAL PURPOSE OF THE ASSOCIATION, WHICH ARE FUNDED BY SPECIFICALLY DESIGNATED FUNDS. 210937 INFORMATION SERVICES:THE ASSOCIATION COLLECTS AND COMMUNICATES TO ITS MEMBERS, INFORMATION RELATIVE TO THE PROFESSION OF TEACHER EDUCATION. 301691 COMMUNICATIONS DEVELOPMENT: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. 10809 10809 OTHER 523437 10809 4391562 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 1 32 1 1 1 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 DC X JERALD D WIRTH 2024784570 1307 NEW YORK AVE NW NO 300 WASHINGTON DC 200054701 MARK GINSBERG CHAIR 1.00 X X 0 0 0 JANE BRAY CHAIR-ELECT 1.00 X X 0 0 0 RENEE MIDDLETON SECRETARY 1.00 X X 0 0 0 JULIE UNDERWOOD PAST CHAIR 1.00 X 0 0 0 B GRANT HAYES AT-LARGE 1.00 X 0 0 0 TIM WALL AT-LARGE 1.00 X 0 0 0 JULIETTE BELL BOARD MEMBER 1.00 X 0 0 0 M CHRISTOPHER BROWN II BOARD MEMBER 1.00 X 0 0 0 DAVID CHERRY BOARD MEMBER 1.00 X 0 0 0 CHRISTINA DEHLER BOARD MEMBER 1.00 X 0 0 0 WANDA BLANCHETT BOARD MEMBER 1.00 X 0 0 0 PAMELA CARROLL BOARD MEMBER 1.00 X 0 0 0 NADENE DAVIDSON BOARD MEMBER 1.00 X 0 0 0 ARLINDA EATON BOARD MEMBER 1.00 X 0 0 0 DELIA GARCIA BOARD MEMBER 1.00 X 0 0 0 SUSAN HENDERSON BOARD MEMBER 1.00 X 0 0 0 JOHN JACOBSON BOARD MEMBER 1.00 X 0 0 0 IRA LIT BOARD MEMBER 1.00 X 0 0 0 BLANCHE JACKSON GLIMPS BOARD MEMBER 1.00 X 0 0 0 CYNTHIA JACKSON HAMMOND BOARD MEMBER 1.00 X 0 0 0 ANN LARSON BOARD MEMBER 1.00 X 0 0 0 DIANE MARK BOARD MEMBER 1.00 X 0 0 0 KIM METCALF BOARD MEMBER 1.00 X 0 0 0 MICHAEL SAMPSON BOARD MEMBER 1.00 X 0 0 0 CAROL VUKELICH BOARD MEMBER 1.00 X 0 0 0 BETH QUICK BOARD MEMBER 1.00 X 0 0 0 MONIKA SHEALEY BOARD MEMBER 1.00 X 0 0 0 LEMUEL WATSON BOARD MEMBER 1.00 X 0 0 0 SHARON P ROBINSON CEO/PRESIDENT 37.50 X 331423 0 36829 JERALD D WIRTH CFO 37.50 X 210633 0 30630 GAIL BOZEMAN CHIEF OF STAFF 37.50 X 203125 0 22186 MARK LPETTERSON SR. VICE PRESIDENT 37.50 X 180857 0 15519 RODRICK S LUCERO VICE PRESIDENT 37.50 X 151116 0 6538 LINDA S MCKEE SR. DIRECTOR 37.50 X 128541 0 8188 ALEXANDR GUMBAR IT DIRECTOR 37.50 X 115215 0 16368 1320910 0 136258 7 0 1 0 MARRIOTT BUSINESS SERVICES POBOX 402642 ATLANTA GA 303842642 ANNUAL MEETING HOTEL 242184 HIGHER ED LEARNING CONSULTANTS 11733 76TH AVENUE NE KIRKLAND WA 98034 CONSULTING SERVICES 222000 PRODUCTIONS AT WORK INC 117 KINGS CROFT CHERRY HILL NJ 08034 PROFESSIONAL SVC.(PRODUCTION) RENDERED A 165445 SPECTRUM GROUP PRODUCTIONS 10319 WESTLAKE DR SUITE 254 BETHESDA MD 20817 PROFESSIONAL SVC.(PRODUCTION) RENDERED A 153234 4 843876 843876 MEMBERSHIP DUES 900099 4193900 4193900 MEETINGS & CONFERENCES 900099 1038090 944396 93694 5231990 187804 187804 333136 16309 316827 316827 WEBSITE ADVERTISING 900004 23553 23553 OTHER INCOME 900099 22950 22950 46503 6627000 5455123 23553 304448 X 74669 74669 1193291 689532 503759 1646554 959641 686913 96748 50275 46473 239281 128448 110833 175183 120352 54831 35748 35748 35842 35842 15629 7180 8449 831829 750275 81554 149212 57117 92095 160137 24816 135321 271386 237703 33683 824025 684722 139303 43875 43875 103565 103565 34662 3089 31573 DUES, BOOKS & SUBSCRIPT 286435 257073 29362 MARKETING EXPENSES 34150 23244 10906 BAD DEBTS 18387 18387 RECRUITING EXPENSES 14209 75 14134 21658 323351 -301693 6306475 4391562 1914913 0 300 300 5556765 4629568 185033 153881 187788 214743 196472 282745 5494252 2742065 2819615 2752187 1790279 3372956 1694669 1039604 24393 8691 12455314 12454675 325634 436033 4140811 4121963 1972448 1772104 11184 0 6450077 6330100 X 4936370 4799940 68867 324635 1000000 1000000 6005237 6124575 12455314 12454675 320525 -201187 0 X 0 1 X 1 0 X 4577254 4241291 4180401 5401128 5037776 23437850 1413710 1592795 1508583 1328516 1354917 7198521 5990964 5834086 5688984 6729644 6392693 30636371 0 0 0 30636371 93035 100713 122800 181566 187804 685918 93035 100713 122800 181566 187804 685918 13238 15793 10580 39769 22950 102330 6097237 5950592 5822364 6950979 6603447 31424619 0.97490 0.97580 0.02180 0.01850 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2011 AMOUNT: $ 13,238. 2012 AMOUNT: $ 15,793. 2013 AMOUNT: $ 10,580. 2014 AMOUNT: $ 39,769. 2015 AMOUNT: $ 22,950. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7882 7882 6275040 6282922 464146 116037 0 0 422709 429184 415525 464146 1731564 2597346 22273 28758 1039 7882 59952 105677 107296 103881 116037 432891 649337 1077997 -52056 15244 1010697 23000 1000000 54997 1077997 23000 23000 23000 23000 23000 23000 0.01060 0.98940 0 0 1065420 1065420 2802627 1195274 1607353 1033704 989456 44248 592501 557335 35166 2752187 43,618.493-AMER BALANCED FD CL A 1039604 F 1039604 X 6442122 -201187 -201187 6643309 -16309 -16309 6627000 6322784 16309 16309 6306475 0 6306475 PART V, LINE 4: THE BOARD DESIGNATED OR QUASI-ENDOWMENT FUNDS ARE DESIGNATED AS SUCH BY THE BOARD FOR SPECIFIC PURPOSES. ALL EARNINGS FROM PERMANENTLY RESTRICTED FUNDS ARE REFLECTED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL APPROPRIATED FOR PROGRAM EXPENDITURES. 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, 2015 AND 2014. THE ASSOCIATION FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2012. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES REPORTED ON LINE 10B -16,309. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES REPORTED ON LINE 10B 16,309. 1 GEORGIA ASSN OF COLLEGES FOR TEACHER EDUCATION 580 PARLIAMENT GARDEN WAY NW KENNESAW GA 20144 501(C)(3) 6000 STATE CHAPTER SUPPORT INDIANA ASSN OF COLLEGES FOR TEACHER EDUCATION 1009 TEACHERS COLLEGE MUNCIE IN 47306 501(C)(3) 8000 STATE CHAPTER SUPPORT NEW JERSEY ASSNOF COLLEGES FOR TEACHER EDUCATION 110 WARREN STREET RM169 NEWARK NJ 07102 501(C)(3) 9000 STATE CHAPTER SUPPORT NEW MEXICO ASSN OF COLLEGES FOR TEACHER EDUCATION 1500 S AVENUE K STATION 25 PORTALES NM 88130 501(C)(3) 9000 STATE CHAPTER SUPPORT NORTH DAKOTA ASSNOF COLLEGES FOR TEACHER EDUCATION 7500 UNIVERSITY DRIVE BISMARCK ND 58504 501(C)(3) 9000 STATE CHAPTER SUPPORT OHIO ASSNOF COLLEGES FOR TEACHER EDUCATION 61 S SANDUSKY ST DELAWARE OH 43015 501(C)(3) 9000 STATE CHAPTER SUPPORT JOBS FOR AMERICA'S GRADUATES INC 1729 KING STREET SUITE 100 ALEXANDRIA VA 22314 521194546 501(C)(3) 10000 DONATION PART I, LINE 2: 1. THE ORGANIZATION SUBMITS TO AACTE A PROPOSAL FOR USE OF FUNDS. 2. UPON COMPLETITION OF THE PROJECT THE ORGANIZATION IS REQUIRED TO SUBMIT A DETAILED REPORT SPECIFING HOW THE FUNDS ARE SPENT. X 0 0 0 0 0 1 0 0 0 SHARON P ROBINSON CEO/PRESIDENT 327430 0 0 0 3993 0 29000 0 8641 0 369064 0 0 0 JERALD D WIRTH CFO 208347 0 0 0 2286 0 14734 0 16810 0 242177 0 0 0 GAIL BOZEMAN CHIEF OF STAFF 202351 0 0 0 774 0 15057 0 8145 0 226327 0 0 0 MARK LPETTERSON SR. VICE PRESIDENT 180443 0 0 0 414 0 6906 0 9629 0 197392 0 0 0 RODRICK S LUCERO VICE PRESIDENT 150766 0 0 0 350 0 0 0 7215 0 158331 0 0 0 PART I, LINE 6 THE FIRST STEP IN THE BONUS PROCESS IS THAT DURING THE MONTH OF DECEMBER THE NET INCREASE IN THE NET ASSETS OF THE ORGANIZATION IS MEASURED AGAINST BUDGET PROJECTIONS. IF THE NET INCREASE EXCEEDS BUDGET PROJECTIONS FOR THE YEAR, A BONUS RECOMMENDATION IS MADE TO ORGANIZATION LEADERSHIP. ORGANIZATION LEADERSHIP THEN CONSIDERERS VARIOUS FACTORS BEFORE APPROVING THE BONUSES. THESE FACTORS MAY INCLUDE SUCH ITEMS AS THE OVERALL NATIONAL ECONOMY AS WELL AS THE ECONOMIC STATUS OF THE ORGANIZATIONS MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO TYPES OF MEMBERS: A) REGULAR MEMBERS - 4 YEAR HIGHER EDUCATIONAL INSTITUTIONS OR SCHOOLS - INTERESTED IN EDUCATIONAL PROGRAMS. (B) 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 (OR A DULY AUTHORIZED SUBSTITUTE FROM THAT 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 SET FORTH IN SECTION 5 (BYLAWS)) CONSIDERED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 IN 2016 ONCE THE 990 WAS COMPLETED BY AN INDEPENDENT ACCOUNTANTS - IT WAS SENT TO JERRY WIRTH (CHIEF FINANCIAL OFFICER) FOR REVIEW, JERRY FORWARDED THE 990 TO SHARON ROBINSON (PRESIDENT) AND GAIL BOZEMAN (CHIEF OF STAFF) ELECTRONICALLY AND ASKED IF THERE WERE ANY QUESTIONS OR CONCERNS TO CONTACT HIM DIRECTLY. THERE WERE NOT ANY QUESTIONS. JERRY WIRTH THEN FORWARDED THE 990 TO THE BOARD OF DIRECTORS (ELECTRONICALLY) AND ASKED IF THERE WERE ANY QUESTIONS OR CONCERNS TO CONTACT HIM DIRECTLY. THERE WERE NOT ANY QUESTIONS. 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. THE SIGNED AND DATED FORMS ARE REVIEWED BY GAIL BOZEMAN. ONCE THE FORMS ARE SIGNED AND DATED THEY ARE MAINTAINED AT 1307 NEW YORK AVENUE, NW, SUITE 300, WASHINGTON, DC 20005-4701 IN THE OFFICIAL GOVERNANCE FILES. 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: 1307 NEW YORK AVENUE, NW, SUITE 300, WASHINGTON, DC 20005-4701. FORM 990, PART IX, LINE 11G CONSULTANTS & HONORARIA: PROGRAM SERVICE EXPENSES 724,279. MANAGEMENT AND GENERAL EXPENSES 58,851. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 783,130. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 25,996. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,996. COMMISSION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,705. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,705. PAYROLL SERVICE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 17,998. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,998.