CAREER EDUCATION COLLEGES AND UNIVERSITIES: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CAREER EDUCATION COLLEGES AND UNIVERSITIES (EIN 62-1469595)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-07
- IRS object ID
- 201321279349301317
- Schema version
- 2011v1.5
- 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) |
|---|---|---|
| Timestamp | 2013-05-07T14:49:46-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8000 TOWERS CRESCENT DR STE 500 | AddressLine1 |
| City | VIENNA | City |
| State | VA | State |
| ZIP Code | 221826205 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621469595 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASSOCIATION OF PRIVATE SECTOR COLLEGES | BusinessNameLine1 |
| Business Name Line2 | AND UNIVERSITIES | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ASSO | NameControl |
| Phone | 2023366700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 CONNECTICUT AVENUE NW NO 900 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVE GUNDERSON | Name |
| Title | CEO/PRESIDENT | Title |
| Phone | 2023366700 | Phone |
| Date Signed | 2013-05-07 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | YONG ZHANG | Name |
| PTIN | P01249785 | PTIN |
| Phone | 7033366400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEVE GUNDERSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 CONNECTICUT AVENUE NW NO 900 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 21202255 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.CAREER.ORG | WebSite |
| Type Of Organization Association | X | TypeOfOrganizationAssociation |
| Year Formation | 1991 | YearFormation |
| State Legal Domicile | DC | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE OTHE ASSOCIATION OF PRIVATE SECTOR COLLEGES AND UNIVERSITIES (THE ASSOCIATION) IS AN ORGANIZATION OF PRIVATE, POST-SECONDARY CAREER COLLEGES, SCHOOLS, AND OTHER ENTITIES ESTABLISHED TO FOSTER POLICIES THAT ENSURE EQUITABLE ACCESS FOR STUDENTS TO QUALITY CAREER AND SKILL EDUCATION, THAT ENABLE CAREER COLLEGES TO GROW AND PROSPER, AND THAT HELP THE NATION ATTAIN A MORE GLOBALLY COMPETITIVE 21ST CENTURY WORKFORCE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 60 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 282903 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 120564 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 500000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 20881205 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 14257808 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 311862 | InvestmentIncomePriorYear |
| Investment Income Current Year | 52215 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 106415 | OtherRevenuePriorYear |
| Other Revenue Current Year | 152243 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 21299482 | TotalRevenuePriorYear |
| Total Revenue Current Year | 14962266 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 47500 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 47500 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4990318 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4582544 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 21316412 | OtherExpensePriorYear |
| Other Expenses Current Year | 7831101 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 26354230 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12461145 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -5054748 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2501121 | RevenuesLessExpensesCY |
| Total Assets BOY | 7046480 | TotalAssetsBOY |
| Total Assets EOY | 6149613 | TotalAssetsEOY |
| Total Liabilities BOY | 7037413 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2911958 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9067 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3237655 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | APSCU IS THE PREMIER SOURCE OF CRUCIAL INFORMATION AND PUBLIC POLICY RECOMMENDATIONS THAT PROMOTE ACCESS TO CAREER EDUCATION AND THE IMPORTANCE OF WORKFORCE DEVELOPMENT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Description | GOVERNMENT AFFAIRS: PROVIDED LEGISLATIVE FEDERAL AND STATE ADVOCACY ON ISSUES RELATING TO POSTSECONDARY ACCESS, AFFORDABILITY AND ACCOUNTABILITY; FAIR TREATMENT FOR SECTION 102 INSTITUTIONS IN OTHER FEDERAL PROGRAMS; WORKED FOR REASONABLE REGULATION AND REGULATORY OVERSIGHT AT THE FEDERAL AND STATE LEVELS; AND LED GRASSROOTS MOBILIZATION EFFORTS AIMED AT GAINING WIDESPREAD PARTICIPATION OF APSCU MEMBERS IN ADVOCACY OUTREACH. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | COMMUNICATIONS: WORKED TO ADVANCE THE IMAGE, REPUTATION AND PERCEPTION OF THE CAREER COLLEGE SECTOR THROUGH A WIDE VARIETY OF OUTREACH EFFORTS, PROGRAMS AND CHANNELS; MAINTAINED REGULAR MEDIA RELATIONS PROGRAM AND CRAFTED REGULAR COMMUNICATIONS VEHICLES, INCLUDING COMMUNICATIONS VEHICLES, INCLUDING PRINT PUBLICATIONS, DIGITAL PUBLICATIONS, WEBSITE, BLOG, VIDEOS AND OTHER CONTENT. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CONVENTIONS AND SEMINARS: PROVIDED APSCU MEMBERS WITH UP-TO-DATE INFORMATION AND NETWORKING PLATFORMS FOR FEDERAL REGULATORY COMPLIANCE, MANAGEMENT BEST PRACTICES, INTERACTION WITH OFFICIALS AND EXPERTS FROM OUTSIDE THE SECTOR, EXPOSURE TO NEW PRODUCTS AND SERVICES AND THE LIKE. SIX PROGRAMS WERE HELD DURING THE YEAR WITH APPROXIMATELY 3,000 MEMBERS ATTENDING. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 1 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 46 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 60 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 1 | NonDeductibleContributions |
| Non Deductible Disclosure | 1 | NonDeductibleDisclosure |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAM SMITH CPA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2023366740 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 CONNECTICUT AVE NW STE 900 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| ART KEISER | |||||||
| CHAIR | 2.00 | X | X | 0 | 0 | 0 | |
| DAVID PAULDINE | |||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| ROBERT HERZOG | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| JIM TOLBERT | |||||||
| PAST CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| REBECCA CAMPOVERDE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ARTHUR BENJAMIN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JEFFREY COOPER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ROGER DALTON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MARK DREYFUS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RENEE HERZING | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DR JAMES HUTTON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DR SABRINA KAY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JEFFREY LEEDS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| PETER LEYTON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| SHUAN MCALMONT | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT MCNAMARA | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JACK MASSIMINO | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| AVY STEIN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| HARRIS MILLER | |||||||
| CEO AND PRESIDENT (PREVIOUS) | 37.50 | X | 495584 | 0 | 28929 | ||
| STEVE GUNDERSON | |||||||
| CEO AND PRESIDENT | 37.50 | X | 0 | 0 | 0 | ||
| BRIAN MORAN | |||||||
| INTERIM CEO & EVP, GR & GENERAL COUNSEL | 37.50 | X | 394835 | 0 | 36979 | ||
| PAM SMITH | |||||||
| CHIEF FINANCIAL OFFICER | 37.50 | X | 150699 | 0 | 12753 | ||
| BRUCE LEFTWICH | |||||||
| SVP, GOVT RELATIONS | 37.50 | 240186 | 0 | 21948 | X | ||
| ROBERT COHEN | |||||||
| SVP, COMMUNICATIONS | 37.50 | 204540 | 0 | 18196 | X | ||
| LAUREN CORBIN | |||||||
| VP, MEMBERSHIP | 37.50 | 163766 | 0 | 18047 | X | ||
| KATHERINE BRODIE | |||||||
| VP, GOVT RELATIONS & LEGAL AFFAIRS | 37.50 | 177534 | 0 | 27120 | X | ||
| SUZANNE PALMER | |||||||
| DIRECTOR, GOVERNMENT AFFAIRS | 37.50 | 155416 | 0 | 9743 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1982560 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 173715 | TotalOtherCompensation |
| Number Individuals GT100 K | 13 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| GIBSON DUNN & CRUTCHER LLP | |||||
| 200 PARK AVE 47 | NEW YORK | NY | 10166 | LEGAL | 2514234 |
| GSG COMMUNICATIONS LLC | |||||
| 895 BROADWAY 5TH FLOOR | NEW YORK | NY | 10003 | DIGITAL & PRINT MEDIA CONSULTING | 870669 |
| CHARLES RIVER ASSOCIATES | |||||
| 1 S WACKER DR | CHICAGO | IL | 60606 | LEGAL RESEARCH | 762756 |
| WILMER CUTLER PICKERING HALE AND DORR L | |||||
| 60 STATE ST | BOSTON | MA | 02109 | LOBBYING | 514564 |
| PENZANCE | |||||
| 2400 N STREET NW SUITE 600 | WASHINGTON | DC | 20037 | PROPERTY MANAGEMENT | 487994 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
| All Other Contributions | 500000 | AllOtherContributions |
| Total Contributions | 500000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| SPECIAL/INITIATIVE | 900099 | 5789050 | 5789050 | |
| MEMBERSHIP DUES | 900099 | 4933113 | 4933113 | |
| CONVENTION | 900099 | 2674987 | 2674987 | |
| WORKSHOPS | 611710 | 577755 | 577755 | |
| ADVERTISING | 541800 | 282903 | 282903 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 14257808 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 52215 | TotalRevenueColumn |
| Exclusion | $52,215 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6239989 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6239989 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| OTHER INCOME | 900099 | 102863 | $102,863 | |
| ADMINISTRATIVE FEES | 900099 | 49380 | 49380 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 152243 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14962266 | TotalRevenueColumn |
| Related Or Exempt Function Income | 14024285 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 282903 | UnrelatedBusinessRevenue |
| Exclusion | $155,078 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47500 | Total |
| Program Services | 47500 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1119779 | Total |
| Program Services | 1119779 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2895333 | Total |
| Program Services | 2895333 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 128466 | Total |
| Program Services | 128466 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200498 | Total |
| Program Services | 200498 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 238468 | Total |
| Program Services | 238468 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1981859 | Total |
| Program Services | 1981859 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22593 | Total |
| Program Services | 22593 | ProgramServices |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 525435 | Total |
| Program Services | 525435 | ProgramServices |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11295 | Total |
| Program Services | 11295 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1408548 | Total |
| Program Services | 1408548 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6400 | Total |
| Program Services | 6400 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 326129 | Total |
| Program Services | 326129 | ProgramServices |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60062 | Total |
| Program Services | 60062 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 447826 | Total |
| Program Services | 447826 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 420868 | Total |
| Program Services | 420868 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1660527 | Total |
| Program Services | 1660527 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228916 | Total |
| Program Services | 228916 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19781 | Total |
| Program Services | 19781 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| PUBLICATION/SUBSCRPTION | 332449 | 332449 |
| EMPLOYEE SEARCH | 221681 | 221681 |
| MEMBERSHIPS | 60791 | 60791 |
| UBIT TAX | 44650 | 44650 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51291 | Total |
| Program Services | 51291 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12461145 | Total |
| Program Services | 12461145 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1602921 | BOY |
| EOY | 2048134 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1846370 | BOY |
| EOY | 542813 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 116686 | BOY |
| EOY | 86807 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 262479 | BOY |
| EOY | 198880 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1696871 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1154745 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 582059 | BOY |
| EOY | 542126 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2315282 | BOY |
| EOY | 2579826 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 320683 | BOY |
| EOY | 151027 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7046480 | BOY |
| EOY | 6149613 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1591505 | BOY |
| EOY | 1825486 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4952975 | BOY |
| EOY | 647965 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 492933 | BOY |
| EOY | 438507 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7037413 | BOY |
| EOY | 2911958 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9067 | BOY |
| EOY | 3237655 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9067 | BOY |
| EOY | 3237655 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7046480 | BOY |
| EOY | 6149613 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2501121 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 727467 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nondeduct | 0 | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | 0 | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | 1 | AgreeToCarryoverPriorYear |
| Dues Assessments | 4933113 | DuesAssessments |
| Non Ded Lobby Political Current | 1309947 | NonDedLobbyPoliticalCurrent |
| Non Ded Lobby Political Carryover | -335032 | NonDedLobbyPoliticalCarryover |
| Non Ded Lobby Political Total | 974915 | NonDedLobbyPoliticalTotal |
| Aggr Amt Reported In Dues Notices | 1233278 | AggrAmtReportedInDuesNotices |
| Taxable | -$258,363 | TaxableAmount |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 660960 | OtherCostOrOtherBasis |
| Depreciation | 327769 | Depreciation |
| Book Value | 333191 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1035911 | OtherCostOrOtherBasis |
| Depreciation | 826976 | Depreciation |
| Book Value | 208935 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 542126 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED RENT OBLIGATION | Description |
| Amount | $438,507 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 438507 | TotalOfAmounts |
| Total Revenue | 14962266 | TotalRevenue |
| Total Expenses | 12461145 | TotalExpenses |
| Excess Or Deficit For Year | 2501121 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -20683 | NetUnrealizedGLOnInvestments |
| Other | $748,150 | OtherAmount |
| Total Adjustments | 727467 | TotalAdjustments |
| Excess Or Deficit Per FS | 3228588 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 15689733 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -20683 | NetUnrealizedGainsInvestments |
| Other Revenues | 748150 | OtherRevenues |
| Revenue Not Rptd F990 | 727467 | RevenueNotRptdF990 |
| Revenue Subtotal | 14962266 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 14962266 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 12461145 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12461145 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 12461145 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE ASSOCIATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC). UNDER CURRENT INTERNAL REVENUE SERVICE (IRS) REGULATIONS, ADVERTISING REVENUE IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. THE ASSOCIATION HAD TAX EXPENSE FOR UNRELATED BUSINESS INCOME OF $44,650 AND $69,401 FOR THE YEARS ENDED JUNE 30, 2012 AND 2011, RESPECTIVELY. DEFERRED TAXES ARE PROVIDED ON A LIABILITY METHOD, WHEREBY, DEFERRED TAX ASSETS ARE RECOGNIZED FOR DEDUCTIBLE TEMPORARY DIFFERENCES AND OPERATING LOSS AND TAX CREDIT CARRYFORWARDS AND DEFERRED TAX LIABILITIES ARE RECOGNIZED FOR TAXABLE TEMPORARY DIFFERENCES. TEMPORARY DIFFERENCES ARE THE DIFFERENCES BETWEEN THE REPORTED AMOUNTS OF ASSETS AND LIABILITIES AND THEIR TAX BASES. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE WHEN, IN THE OPINION OF MANAGEMENT, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OR ALL OF THE DEFERRED TAX ASSETS WILL NOT BE REALIZED. DEFERRED TAX ASSETS AND LIABILITIES ARE ADJUSTED FOR THE EFFECTS OF CHANGES IN TAX LAWS AND RATES ON THE DATE OF ENACTMENT. THE ASSOCIATION ADOPTED 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 2009. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | COMMUNICATIONS REFUND FOR UNUSED ADVERTISING 748,150. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COMMUNICATIONS REFUND FOR UNUSED ADVERTISING 748,150. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | Address Line2AddressUS/AddressLine2 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|
| THE ATLANTIC MONTHLY GROUP | ||||||||
| 600 NEW HAMPSHIRE AVENUE NW 9TH | FLOOR | WASHINGTON | DC | 20007 | 043483736 | C CORPORATION | 10000 | WASHINGTON IDEAS FORUM SPONSORSHIP |
| CONSORTIUM OF CATHOLIC UNIVERSITIES | ||||||||
| 501 EASTERN AVENUE SUITE 207 | HYATTSVILLE | MD | 20782 | 522050972 | 501(C)(3) | 10000 | BOEHNNER-LIEBERMAN DINNER (SCHOOL FUNDRAISER) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: ALL CONTRIBUTIONS ARE FOR NATIONALLY KNOWN CHARITABLE ORGANIZATIONS OR SPONSORSHIPS FOR EVENTS RELATED TO THE GOVERNMENT RELATIONS MISSION. FOR SPONSORED EVENTS ONE OR MORE ASSOCIATION OF PRIVATE SECTOR COLLEGES AND UNIVERSITIES' EMPLOYEES WILL ATTEND. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HARRIS MILLER | |||||||||||||
| 176925 | 0 | 0 | 0 | 318659 | 0 | 9167 | 0 | 19762 | 0 | 524513 | 0 | 0 | 0 |
| BRIAN MORAN | |||||||||||||
| 331956 | 0 | 61113 | 0 | 1766 | 0 | 12250 | 0 | 24729 | 0 | 431814 | 0 | 0 | 0 |
| PAM SMITH | |||||||||||||
| 132397 | 0 | 18302 | 0 | 0 | 0 | 4351 | 0 | 8402 | 0 | 163452 | 0 | 0 | 0 |
| BRUCE LEFTWICH | |||||||||||||
| 195452 | 0 | 43737 | 0 | 997 | 0 | 12250 | 0 | 9698 | 0 | 262134 | 0 | 0 | 0 |
| ROBERT COHEN | |||||||||||||
| 146986 | 0 | 36304 | 0 | 21250 | 0 | 10401 | 0 | 7795 | 0 | 222736 | 0 | 0 | 0 |
| LAUREN CORBIN | |||||||||||||
| 131421 | 0 | 31867 | 0 | 478 | 0 | 8515 | 0 | 9532 | 0 | 181813 | 0 | 0 | 0 |
| KATHERINE BRODIE | |||||||||||||
| 158142 | 0 | 19078 | 0 | 314 | 0 | 9210 | 0 | 17910 | 0 | 204654 | 0 | 0 | 0 |
| SUZANNE PALMER | |||||||||||||
| 143064 | 0 | 12075 | 0 | 277 | 0 | 8193 | 0 | 1550 | 0 | 165159 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | HARRIS MILLER, CEO/PRESIDENT, WAS AUTHORIZED TO FLY FIRST CLASS WHEN THE TRIP WAS OVER 4 HOURS. HIS PORTION OF THE COST WAS NOT TREATED AS TAXABLE INCOME. ON SOME OCCASIONS HIS SPOUSE ACCOMPANIED HIM. THE VALUE OF SPOUSAL TRAVEL ($2,437) WAS TREATED AS TAXABLE INCOME TO MR. MILLER. BRIAN MORAN, INTERIM CEO/PRESIDENT, WAS AUTHORIZED TO FLY COACH. THE ENTIRE COST OF AIRFARE WAS PAID BY THE ASSOCIATION. OCCASIONALLY, HIS SPOUSE ACCOMPANIED HIM. THE VALUE OF SPOUSAL TRAVEL ($1,291) WAS TREATED AS TAXABLE INCOME TO MR. MORAN. THE FOLLOWING EMPLOYEES ALSO RECEIVED NONTAXABLE SOCIAL CLUB DUES: HARRIS MILLER $120 BRIAN MORAN $130 BRUCE LEFTWICH $180 LAUREN CORBIN $240 KATHERINE BRODIE $180 SUZANNE PALMER $180 |
| PART I, LINE 4A | HARRIS HILLER RECEIVED A SEVERANCE PAYMENT UNDER A CONFIDENTIAL AGREEMENT IN THE AMOUNT OF $315,780. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | APSCU CEASED ITS LINK MAGAZINE AND 2.0 OPERATIONS. IT ALSO DISCONTINUED ITS MEDIA ADVERTISING CAMPAIGN. |
| FORM 990, PART VI, SECTION A, LINE 6 | APSCU HAS MEMBERS COMPRISED OF EDUCATIONAL INSTITUTIONS, AS WELL AS AFFILIATES WHICH ARE BROKEN DOWN INTO ALLIED, ALLIED PLUS AND FINANCIAL ADVISORY COUNCIL CATEGORIES. | |
| FORM 990, PART VI, SECTION A, LINE 7A | EDUCATIONAL INSTITUTION MEMBERS SHALL BE PERMITTED TO CAST ONE VOTE WITH RESPECT TO ELECTION OF BOARD DIRECTORS. ALLIED MEMBERS SHALL BE ELIGIBLE TO VOTE FOR ONE REPRESENTATIVE ON THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | EDUCATIONAL INSTITUTION MEMBERS SHALL BE PERMITTED TO CAST VOTES, AS DETERMINED BY THE BOARD OF DIRECTORS, WITH RESPECT TO POLICY MATTERS OF MAJOR IMPORTANCE, INCLUDING AMENDMENTS, APPEALS OR ALTERATIONS OF BYLAWS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS PREPARED BY A PUBLIC ACCOUNTING FIRM AND REVIEWED BY APSCU'S CEO AND CFO PRIOR TO FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS SHALL MAKE AFFIRMATIVE DISCLOSURES TO THE BOARD, UPON TAKING OFFICE AS A BOARD MEMBER AND ANNUALLY THEREAFTER, OF ANY RELATIONSHIP OR MATTER WHICH MAY PRESENT AN ISSUE UNDER THESE GUIDELINES. ANY MATERIAL CHANGE IN THE INFORMATION DISCLOSED SHALL BE REPORTED TO THE BOARD AS APPROPRIATE. VIOLATION OF THESE GUIDELINES SHALL BE INVESTIGATED BY THE EXECUTIVE COMMITTEE, WHICH MAY REFER THE MATTER TO THE BOARD OF DIRECTORS FOR ACTION IN ACCORDANCE WITH THE BY-LAWS. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE CEO'S COMPENSATION IS DEFINED IN HIS EMPLOYMENT AGREEMENT. THE AMOUNT OF COMPENSATION IN THE AGREEMENT IS BASED ON SEVERAL APPROPRIATE COMPENSATION SURVEYS THAT ARE REVIEWED AND AGREED UPON BY MEMBERS OF THE EXECUTIVE COMMITTEE. INCREASES IN COMPENSATION ARE DETERMINED BY THE EXECUTIVE COMMITTEE THROUGH ANNUAL REVIEWS OF THE CEO'S ACCOMPLISHMENTS. COMPENSATION FOR THE CFO AND KEY EMPLOYEES OF THE ASSOCIATION IS DETERMINED BY COMPENSATION STUDIES AND REVIEWED AND APPROVED BY THE CEO. ANNUAL INCREASES IN COMPENSATION ARE BASED ON THE COST OF LIVING INDEX. | |
| FORM 990, PART VI, SECTION C, LINE 19 | APSCU DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -20,683. COMMUNICATIONS REFUND FOR UNUSED ADVERTISING 748,150. TOTAL TO FORM 990, PART XI, LINE 5: 727,467. |
| FORM 990, PART XII, LINE 2C | THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASSOC OF PRIVATE SECTOR COLLEGES & UNIVERSITIES POLITICAL ACTION COMMITTEE | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 CONN AVE NW STE 900 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521634473 | EIN |
| Primary Activities | POLITICAL ACTION | PrimaryActivities |
| Legal Domicile State | DC | LegalDomicileState |
| Exempt Code Section | 527(A) | ExemptCodeSection |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASSOCIATION OF PRIVATE SECTOR COLLEGES AND UNIVERSITIES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |