2026-02-13T11:49:31-06:00 2025-06-30 331498605 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2024-07-01 436036286 AACSB INTERNATIONAL - THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS AACS 8137696500 777 SOUTH HARBOUR ISLAND BLVD 750 TAMPA FL 33602 NEIL BOSLAND CFO 8137696500 2026-02-11 1 1 DAVID LOWENTHAL P00378651 3122071040 2026-02-11 2024 2025-03-06 01:10:19Z NEIL BOSLAND 777 SOUTH HARBOUR ISLAND BLVD 750 TAMPA FL 33602 51190940 0 X WWW.AACSB.EDU X 1916 FL AACSB INTERNATIONAL PROVIDES QUALITY ASSURANCE OF BUSINESS SCHOOL PROGRAMS, THE LATEST IN BUSINESS EDUCATION INTELLIGENCE, THOUGHT LEADERSHIP, AND LEARNING AND DEVELOPMENT SERVICES. 38 37 75 1300 0 0 8332495 8535422 18246108 18603947 1873221 2084226 12000 12038 28463824 29235633 172518 113523 0 0 13371200 12921105 0 0 0 13050146 13111239 26593864 26145867 1869960 3089766 47178433 50688998 23142279 22934457 24036154 27754541 AACSB INTERNATIONAL PROVIDES QUALITY ASSURANCE OF BUSINESS SCHOOL PROGRAMS, THE LATEST IN BUSINESS EDUCATION INTELLIGENCE, THOUGHT LEADERSHIP, AND LEARNING AND DEVELOPMENT SERVICES. 0 0 6612961 6162182 LEARNING AND DEVELOPMENT SERVICES - CONTRIBUTES TO THE IMPROVEMENT OF ADMINISTRATION, TEACHING, AND RESEARCH IN HIGHER EDUCATION BY PROVIDING INFORMATION AND TRAINING TO BUSINESS SCHOOL ADMINISTRATORS, EDUCATORS, AND GENERAL PUBLIC ON RELEVANT TOPICS. 4717066 11632868 ACCREDITATION - ENSURES QUALITY IN COLLEGIATE SCHOOLS OF BUSINESS BY ESTABLISHING CERTAIN MINIMUM STANDARDS BY WHICH INSTITUTIONS ARE EVALUATED THROUGH A VOLUNTARY PEER REVIEW PROCESS. SERVICE IS AVAILABLE TO ANY UNIVERSITY OR COLLEGE OFFERING A BACHELOR'S/GRADUATE DEGREE IN BUSINESS. 6379922 113523 808897 BUSINESS EDUCATION INTELLIGENCE, ADVOCACY AND BUSINESS EDUCATION ALLIANCE SHARING DIVERSE INSIGHTS, BEST PRACTICES, AND IMPACTFUL RESEARCH THAT ADVANCES BUSINESS EDUCATION AND THE VALUE OF AACSB ACCREDITATION AROUND THE WORLD. AACSB IS THE LEADING ADVOCATE FOR BUSINESS SCHOOLS' QUALITY, RELEVANCE, AND POSITIVE IMPACT IN SOCIETY THROUGH RESEARCH, THOUGHT LEADERSHIP, INNOVATION, INFLUENCE, AND DATA ANALYTICS PROVIDED TO MEMBERS. 17709949 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 38 0 1 75 1 0 1 SN UK 0 0 0 0 0 0 0 0 0 0 X 38 37 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X DAMION DAM 8137696500 777 S HARBOUR ISLAND BLVD SUITE 750 TAMPA FL 33602 YING BI PRESIDENT AND CEO 40.00 0.00 X X 612188 0 101346 SHERIF KAMEL CHAIR 1.00 0.00 X X 0 0 0 JOYCE STRAWSER VICE CHAIR 1.00 0.00 X X 0 0 0 IAN WILLIAMSON SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 ALEXANDER TRIANTIS IMMEDIATE PAST CHAIR 1.00 0.00 X 0 0 0 NICOLE ADLER DIRECTOR 1.00 0.00 X 0 0 0 LAILANI LANESA ALCANTARA DIRECTOR 1.00 0.00 X 0 0 0 DONALD ANDREWS DIRECTOR 1.00 0.00 X 0 0 0 MCRAE BANKS DIRECTOR 1.00 0.00 X 0 0 0 LUIZ A BRITO DIRECTOR 1.00 0.00 X 0 0 0 FRANK BUCKLESS DIRECTOR 1.00 0.00 X 0 0 0 DEBORAH CAPLAN DIRECTOR 1.00 0.00 X 0 0 0 JACOB CHACKO DIRECTOR 1.00 0.00 X 0 0 0 ISABELLE CHAQUIRIAND DIRECTOR 1.00 0.00 X 0 0 0 ANNE-MARIE CROTEAU DIRECTOR 1.00 0.00 X 0 0 0 KATHLEEN FARRELL DIRECTOR 1.00 0.00 X 0 0 0 SUSAN FOURNIER DIRECTOR 1.00 0.00 X 0 0 0 THAMI GHORFI DIRECTOR 1.00 0.00 X 0 0 0 PAULO GOES DIRECTOR 1.00 0.00 X 0 0 0 AMANDA GUDMUNDSSON DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 ANN HARRISON DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 MARIELLE HEIJLTJES DIRECTOR 1.00 0.00 X 0 0 0 YVONNE HINSON DIRECTOR 1.00 0.00 X 0 0 0 NICOLE JENKINS DIRECTOR 1.00 0.00 X 0 0 0 ANDREW KAROLYI DIRECTOR 1.00 0.00 X 0 0 0 KATE KEARINS DIRECTOR 1.00 0.00 X 0 0 0 XIONGWEN LU DIRECTOR 1.00 0.00 X 0 0 0 NICOLAJ MALCHOW-MOLLER DIRECTOR 1.00 0.00 X 0 0 0 DELPHINE MANCEAU DIRECTOR 1.00 0.00 X 0 0 0 PETER MOLLGAARD DIRECTOR 1.00 0.00 X 0 0 0 LEE NEWMAN DIRECTOR 1.00 0.00 X 0 0 0 LISA ORDONEZ DIRECTOR 1.00 0.00 X 0 0 0 ROWENA ORTIZ-WALTERS DIRECTOR 1.00 0.00 X 0 0 0 BARBARA RITTER DIRECTOR 1.00 0.00 X 0 0 0 VANCE ROLEY DIRECTOR 1.00 0.00 X 0 0 0 VALLABH SAMBAMURTHY DIRECTOR 1.00 0.00 X 0 0 0 KAR YAN TAM DIRECTOR 1.00 0.00 X 0 0 0 DEREK THOMAS DIRECTOR 1.00 0.00 X 0 0 0 FRANCISCO VELOSO DIRECTOR 1.00 0.00 X 0 0 0 MARGARET WILLIAMS DIRECTOR 1.00 0.00 X 0 0 0 NEIL BOSLAND EVP, COO/CFO 40.00 0.00 X 423820 0 44554 GEOFF PERRY EVP, CHIEF OFFICER ASIA PACIFIC 40.00 0.00 X 457150 0 4953 STEPHANIE BRYANT EVP, CHIEF ACCREDITATION OFFICER 40.00 0.00 X 407013 0 44650 BEVERLY DANIEL VICE PRESIDENT OF HR & FACILITIES 40.00 0.00 X 242429 0 15123 NICHOLAS IGNERI SVP, CHIEF LEARNING OFFICER - PART YEAR 40.00 0.00 X 379670 0 0 DAMION DAM DIR. OF FINANCIAL & ACCOUNTING STRATEGY 40.00 0.00 X 274011 0 33296 AL RENSHAW SVP, CMO - PART YEAR 40.00 0.00 X 340579 0 0 RON TUNINGA SVP, DIR. OF EMEA - PART YEAR 40.00 0.00 X 408374 0 12484 3545234 0 256406 29 0 1 0 HILTON DENVER CITY CENTER 1701 CALIFORNIA ST DENVER CO 80202 EVENT SERVICES 214455 OMNI SHOREHAM HOTEL 2500 CALVERT ST NW WASHINGTON DC 20008 EVENT SERVICES 207422 D2L LTD 210 W PENNSYLVANIA AVENUE SUITE 40 TOWNSON MD 21204 IT SERVICES 177758 IMARC LLC 21 WATER STREET 101 AMESBURY MA 01913 CONSULTING SERVICES 160360 BROWN AND BROWN OF FLORIDA INC PO BOX 745834 ATLANTA GA 30374 LEGAL SERVICES 147091 9 7609550 925872 8535422 ACCREDITATION FEES 611310 11632868 11632868 REGISTRATION FEES 611310 6162182 6162182 CONFERENCE EXHIBIT & SPONSORSHIP 611310 676103 676103 ADVOCACY & AWARENESS 611310 124676 124676 BUSINESS EDUCATION SERVICES 611310 8118 8118 18603947 1238916 1238916 22800617 21843063 112244 957554 -112244 845310 845310 REFUNDS 900099 12038 12038 12038 29235633 18603947 0 2096264 113523 113523 10685282 6962706 3722576 342609 223119 119490 1320396 859888 460508 572818 373039 199779 71693 46689 25004 88123 57389 30734 154793 154793 353729 302287 51442 607836 96570 511266 314715 239072 75643 2995382 1953395 1041987 301621 196426 105195 954897 895355 59542 4542860 3647777 895083 1493729 981487 512242 132809 86490 46319 CARD & BANK FEES 414041 414041 ADVOCACY & AWARENESS 374997 374997 PROFESSIONAL DEVELOPMEN 132870 104867 28003 BAD DEBT EXPENSE 68196 68196 108948 87633 21315 26145867 17709949 8435918 0 5074028 6172088 247125 245961 1488959 1121225 6232312 4969132 1326884 1263180 34339444 38023238 4701993 3863306 47178433 50688998 2895756 2102631 14509749 16072415 5736774 4759411 23142279 22934457 X 24036154 27754541 24036154 27754541 47178433 50688998 3089766 628621 0 X 0 1 X 1 0 X 7132379 7380555 6150684 8332495 8535422 37531535 7132379 7380555 6150684 8332495 8535422 37531535 37531535 428784 443262 828975 1187268 1238916 4127205 6100 12000 12038 30138 41688878 82505283 0.90030 0.91120 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 6,100. SUBMISSION REFUND - 2023 AMOUNT: $ 12,000. 2024 AMOUNT: $ 12,038. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2081252 1402625 678627 3024341 2779075 245266 1126719 787432 339287 1263180 RIGHT OF USE ASSET 3759656 DEPOSITS 103650 3863306 LEASE LIABILITY 4759411 4759411 X PART X, LINE 2: AACSB INTERNATIONAL - THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS, INC. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE INTERNAL REVENUE SERVICE (IRS). UNDER CERTAIN CIRCUMSTANCES, ORGANIZATIONS ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE ENTITY FILES AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS TO REPORT ITS UNRELATED BUSINESS TAXABLE INCOME, IF ANY. 1 EAST ASIA & THE PACIFIC 2 7 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 312188 EUROPE 1 7 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 1705293 SOUTH AMERICA 0 0 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 4977 MIDDLE EAST 0 0 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 147149 SOUTH ASIA 0 0 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 11833 NORTH AMERICA 0 0 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 1860096 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 13970 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES MEMBER RECRUITMENT, ACCREDITATION CONSULT, & PROFESSIONAL DEVELOPMENT EVENTS 9053 3 14 0 0 3 14 4064559 0 4064559 0 0 1 0 0 0 1 PHD PROJECT 3 CHESTNUT RIDGE ROAD MONTVALE NJ 07645 202610773 501C3 100000 0 N/A N/A SUPPORT FOR THE PHD PROJECT 1 0 PART I, LINE 2 AN AACSB REPRESENTATIVE ATTENDS MEETINGS HOSTED BY EACH RECIPIENT. FOR PHD PROJECT, AN AACSB REPRESENTATIVE SITS ON THE BOARD OF DIRECTORS. X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 YING BI PRESIDENT AND CEO 453385 0 78000 0 80803 0 50000 0 51346 0 713534 0 0 0 NEIL BOSLAND EVP, COO/CFO 325628 0 38000 0 60192 0 0 0 44554 0 468374 0 0 0 GEOFF PERRY EVP, CHIEF OFFICER ASIA PACIFIC 365000 0 33678 0 58472 0 0 0 4953 0 462103 0 0 0 STEPHANIE BRYANT EVP, CHIEF ACCREDITATION OFFICER 306746 0 38000 0 62267 0 0 0 44650 0 451663 0 0 0 RON TUNINGA SVP, DIR. OF EMEA - PART YEAR 108374 0 0 0 300000 0 0 0 12484 0 420858 0 0 0 NICHOLAS IGNERI SVP, CHIEF LEARNING OFFICER - PART Y 76427 0 25250 0 277993 0 0 0 0 0 379670 0 0 0 AL RENSHAW SVP, CMO - PART YEAR 36100 0 27250 0 277229 0 0 0 0 0 340579 0 0 0 DAMION DAM DIR. OF FINANCIAL & ACCOUNTING STRAT 178629 0 80000 0 15382 0 0 0 33296 0 307307 0 0 0 BEVERLY DANIEL VICE PRESIDENT OF HR & FACILITIES 187046 0 21000 0 34383 0 0 0 15123 0 257552 0 0 0 PART I, LINE 1A THE HOUSING ALLOWANCE IS PROVIDED TO EXPATRIATE EMPLOYEES WHILE RESIDING AND WORKING IN A FOREIGN COUNTRY. THE TAX INDEMNIFICATION AND GROSS UP IS RELATED TO RELOCATION EXPENSES PROVIDED TO A SENIOR EXECUTIVE. PART I, LINE 4A THE FOLLOWING PEOPLE RECEIVED SEVERANCE DURING THE YEAR: -NICHOLAS IGNERI - $275,000 - AL RENSHAW - $275,000 - RON TUNINGA - $300,000 FORM 990, PART VI, SECTION A, LINE 1A THERE SHALL BE AN EXECUTIVE COMMITTEE WHOSE MEMBERSHIP SHALL INCLUDE THE BOARD CHAIR (WHO SHALL SERVE AS CHAIR OF THE EXECUTIVE COMMITTEE), VICE CHAIR-CHAIR ELECT, SECRETARY-TREASURER, PRESIDENT AND CEO, IMMEDIATE PAST CHAIR, AND UP TO THREE ADDITIONAL BOARD MEMBERS APPOINTED BY THE VICE CHAIR-CHAIR ELECT (WHO SHALL PRESIDE AS BOARD CHAIR DURING THE YEAR FOR WHICH THE APPOINTMENTS ARE MADE). THE EXECUTIVE COMMITTEE SHALL ACT ON BEHALF OF THE BOARD OF DIRECTORS BETWEEN BOARD MEETINGS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE CORPORATION IS COMPOSED OF EDUCATIONAL INSTITUTIONS RECOGNIZED OR AUTHORIZED BY AN APPROPRIATE GOVERNING BODY. THE MEMBERSHIP ALSO IS COMPOSED OF OTHER SELECTED NONEDUCATIONAL INSTITUTIONS WHICH INCLUDES BUSINESS FIRMS AND CORPORATIONS, LEARNED SOCIETIES, TRADE, FOUNDATION, RESEARCH, PROFESSIONAL, AND GOVERNMENTAL ORGANIZATIONS. EACH MEMBER INSTITUTION MAY HAVE ANY NUMBER OF ITS REPRESENTATIVES FROM ITS EMPLOY AT BUSINESS MEETINGS, BUT EACH MEMBER INSTITUTION SHALL HAVE ONLY ONE OFFICIAL VOTING REPRESENTATIVE. FORM 990, PART VI, SECTION A, LINE 7A THE VOTING REPRESENTATIVE SHALL BE THE OFFICIAL REPRESENTATIVE TO THE CORPORATION. EACH MEMBER OF THE CORPORATION SHALL HAVE ONE VOTE ON AFFAIRS BROUGHT TO THE CORPORATION EXCEPT ON MATTERS RESERVED FOR MEMBERS OF THE ACCREDITATION COUNCIL. IN JANUARY OF EACH YEAR, OFFICIAL REPRESENTATIVES MAY VOTE IN THE ANNUAL ELECTION TO FILL OPEN POSITIONS OF THE BOARD OF DIRECTORS WHICH ARE BEING VACATED BY BOARD MEMBERS WHOSE TERMS ARE EXPIRING AT THE END OF THE FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 7B EACH OFFICIAL REPRESENTATIVE (OR THEIR DESIGNEE) MAY VOTE ON ISSUES PRESENTED AT THE ANNUAL BUSINESS MEETING. ISSUES MIGHT INCLUDE A MEMBERSHIP DUES INCREASE OR MODIFICATIONS TO THE ARTICLES AND/OR BYLAWS. MEMBERS OF THE ACCREDITATION COUNCIL (AACSB ACCREDITED MEMBERS) ARE AUTHORIZED TO VOTE ON ISSUES RELATED TO THE ACCREDITATION STANDARDS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SUBJECT TO REVIEW AND APPROVAL BY THE CEO AND CFO OF THE ORGANIZATION BEFORE IT IS FILED WITH THE IRS. FURTHERMORE, ALL MEMBERS OF THE BOARD ARE PROVIDED WITH A COPY OF THE FORM 990 FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CHAIR OF THE BOARD OF DIRECTORS, A STANDING COMMITTEE, OR TASK FORCE, RESPECTIVELY, IS RESPONSIBLE FOR DETERMINING IF A CONFLICT OF INTEREST EXISTS WHEN A VOLUNTEER IN ONE OF THE ROLES DESCRIBED ABOVE REQUESTS A DETERMINATION. IF THE CHAIR HAS A CONFLICT OF INTEREST, THE VICE CHAIR WILL PROVIDE THE FINAL DETERMINATION. IN CASES WHERE A PARTICIPANT VOLUNTARILY IDENTIFIES AN ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST AND ABSENTS HIM OR HERSELF FROM THE DELIBERATIONS AND ACTIONS, THESE EVENTS WILL BE RECORDED IN WRITING AS PART OF THE MEETING RECORD AND A COPY FILED WITH THE EXECUTIVE OFFICE OF AACSB. IF A REQUEST FOR A DETERMINATION OF AN ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST IS MADE TO THE CHAIR (OR VICE CHAIR), SUCH REQUESTS MUST BE MADE IN WRITING, AND THE DETERMINATION BY THE CHAIR (OR VICE CHAIR) IS TO BE IN WRITING, AND BOTH ARE TO BE FILED WITH THE EXECUTIVE OFFICE OF AACSB. FORM 990, PART VI, SECTION B, LINE 15 THE AACSB COMPENSATION COMMITTEE (THE CHAIR OF THE BOARD, THE VICE CHAIR/CHAIR ELECT OF THE BOARD, THE IMMEDIATE PAST CHAIR OF THE BOARD, AND TWO ADDITIONAL MEMBERS OF THE BOARD) MEETS TWICE ANNUALLY TO ASSESS THE PRESIDENT/CEO'S PERFORMANCE, REVIEW AND APPROVE GOALS FOR THE NEXT YEAR, AND SET THE COMPENSATION (% SALARY INCREASE) FOR THE UPCOMING YEAR. COMPARABLE DATA, SUCH AS THE AACSB SALARY SURVEY REGARDING DEANS AND CHIEF OFFICERS IS USED AS WARRANTED. DISCUSSIONS FROM THE MEETINGS ARE DOCUMENTED. THE PRESIDENT/CEO, IN CONSULTATION WITH THE COMPENSATION COMMITTEE, REVIEWS OTHER KEY EMPLOYEES' PERFORMANCE AND DETERMINES THE COMPENSATION (% SALARY INCREASE) FOR THE UPCOMING YEAR. COMPARABLE DATA, SUCH AS THE AACSB SALARY SURVEY REGARDING DEANS AND CHIEF OFFICERS IS USED AS WARRANTED. DISCUSSIONS FROM THE MEETINGS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON THE ORGANIZATION'S WEBSITE. AACSB INTERNATIONAL LTD 331 NORTH BRIDGE ROAD ODEON TOWERS SN ACCREDITATION SERVICES SN 0 AACSB INTERNATIONAL