2026-04-11T10:13:16-05:00 2025-09-30 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2024-10-01 530196573 AMERICAN COUNCIL ON EDUCATION AMER 2029399330 ONE DUPONT CIRCLE NW 800 WASHINGTON DC 200361193 JANICE LAMBERT CHIEF FINANCIAL OFFICER 2029399330 2026-04-09 1 1 AARON FOX P01365820 2022274000 2026-04-09 2024 2025-03-06 01:10:19Z THEODORE R MITCHELL ONE DUPONT CIRCLE NW 800 WASHINGTON DC 200361193 45109436 0 X WWW.ACENET.EDU X 1918 DC CONSENSUS LEADER ON HIGHER EDUCATION ISSUES & COORDINATING BODY FOR UNITED STATES HIGHER ED. 29 29 163 40 74400 0 4510606 6029504 22765558 18539259 3100507 4097532 5885326 5618864 36261997 34285159 22000 24150 0 0 22083906 23916168 0 0 1241150 16674223 17393589 38780129 41333907 -2518132 -7048748 94252664 93542895 18915361 22337990 75337303 71204905 X ACE LEADS HIGHER EDUCATION WITH A UNITED VISION FOR THE FUTURE, GALVANIZING OUR MEMBERS TO MAKE CHANGE. THE COUNCIL COLLABORATES ACROSS THE SECTOR TO DESIGN SOLUTIONS FOR TODAY'S CHALLENGES, SERVES THE NEEDS OF A DIVERSE STUDENT POPULATION, SHAPES EFFECTIVE PUBLIC POLICY, AND PROMOTES A MORE INCLUSIVE FUTURE. 0 0 7503862 6900445 ADULT LEARNING AND EDUCATIONAL CREDENTIALSTHE AMERICAN COUNCIL ON EDUCATION (ACE) ADMINISTERS A NATIONAL PROGRAM THAT EVALUATES, VALIDATES, AND DOCUMENTS COLLEGE-LEVEL LEARNING GAINED THROUGH MILITARY TRAINING, OCCUPATIONAL EXPERIENCE, EMPLOYER-BASED INSTRUCTION, AND OTHER NONTRADITIONAL LEARNING ENVIRONMENTS. THROUGH FACULTY-LED REVIEW PROCESSES, ACE DEVELOPS ACADEMICALLY SOUND CREDIT RECOMMENDATIONS AND BENCHMARKS INDUSTRY COMPETENCIES THAT ASSIST LEARNERS IN APPLYING VERIFIED LEARNING TOWARD ACCREDITED POSTSECONDARY CREDENTIALS. THE PROGRAM MAINTAINS PUBLICLY ACCESSIBLE RESOURCES THAT HELP LEARNERS, INSTITUTIONS, AND EMPLOYERS UNDERSTAND DOCUMENTED LEARNING OUTCOMES AND MAKE INFORMED DECISIONS ABOUT THE APPLICABILITY OF PRIOR LEARNING.ACE ALSO ADVANCES RESEARCH, CROSS-SECTOR PARTNERSHIPS, AND TECHNICAL INITIATIVES AIMED AT IMPROVING INSTITUTIONAL RECOGNITION OF LEARNING, CREDENTIAL TRANSPARENCY, AND THE INTEROPERABILITY OF EDUCATION AND WORKFORCE SYSTEMS. THESE ACTIVITIES SUPPORTED STATE SYSTEMS, HIGHER EDUCATION INSTITUTIONS, FEDERAL AGENCIES, AND EMPLOYERS IN IMPLEMENTING POLICIES AND PRACTICES THAT EXPAND LEARNER MOBILITY AND STRENGTHEN ALIGNMENT BETWEEN EDUCATION AND WORKFORCE PATHWAYS.ACE CONTINUES ITS LONGSTANDING SUPPORT OF THE DEPARTMENT OF DEFENSE BY EVALUATING MILITARY TRAINING AND OCCUPATIONAL EXPERIENCES AND BY ENHANCING THE SYSTEMS THAT COMMUNICATE VALIDATED LEARNING TO SERVICE MEMBERS, VETERANS, AND ACADEMIC INSTITUTIONS. THESE EFFORTS CONTRIBUTE TO IMPROVED READINESS, PROFESSIONAL DEVELOPMENT, AND TRANSITION OUTCOMES BY ENSURING THAT LEARNING GAINED DURING MILITARY SERVICE IS RECOGNIZED THROUGH TRUSTED AND CONSISTENT ACADEMIC CREDIT RECOMMENDATIONS.THE COMBINED PORTFOLIO ADVANCES ACE'S MISSION TO PROMOTE HIGH-QUALITY RECOGNITION OF LEARNING, REDUCE BARRIERS TO DEGREE COMPLETION, AND SUPPORT THE SUCCESS OF MILITARY LEARNERS, ADULT LEARNERS, AND CAREER-FOCUSED STUDENTS ACROSS THE NATION. ANNUALLY, OVER 400,000 TRANSCRIPTS REFLECTING ACE CREDIT RECOMMENDATIONS ARE SUBMITTED BY LEARNERS TO INSTITUTIONS. 4737476 19300 CARNEGIE CLASSIFICATIONFOR THE LAST 50 YEARS, THE CARNEGIE CLASSIFICATIONS OF INSTITUTIONS OF HIGHER EDUCATION HAVE BEEN THE GOLD STANDARD FOR ORGANIZING COLLEGES AND UNIVERSITIES BY A VARIETY OF CHARACTERISTICS, AND THEY ARE USED BY RESEARCHERS AROUND THE WORLD TO STUDY THE HIGHER EDUCATION SECTOR IN AMERICA. ACE BEGAN A COLLABORATION WITH THE CARNEGIE FOUNDATION IN FEBRUARY 2022 TO REDESIGN THE CARNEGIE CLASSIFICATIONS SO THEY BETTER REFLECT THE DIVERSE SET OF INSTITUTIONS AND MISSIONS IN HIGHER EDUCATION TODAY AND TO ESTABLISH NEW CLASSIFICATIONS, INCLUDING ONES THAT ARE CENTERED ON STUDENTS' SOCIAL AND ECONOMIC MOBILITY. IN FY25, ACE CONTINUED ENGAGEMENT WITH A LARGE, DIVERSE SET OF STAKEHOLDERS, ULTIMATELY REACHING MORE THAN 15,000 PEOPLE IN TOTAL SINCE THE PROJECT BEGAN, INCLUDING 600 UNIQUE INSTITUTIONS. ACE RELEASED THE REVISED 2025 RESEARCH ACTIVITY DESIGNATIONS IN FEBRUARY 2025 AND THE FULL 2025 CARNEGIE CLASSIFICATIONS IN APRIL 2025, INCLUDING THE NEW STUDENT ACCESS AND EARNINGS CLASSIFICATION, AND THE RELEASES WERE AMPLIFIED BY MORE THAN 300 NEWS STORIES AND INSTITUTIONAL PRESS RELEASES. BY THE END OF FY25, THE CARNEGIE CLASSIFICATIONS WEBSITE HAD MORE THAN 900,000 VIEWS FROM MORE THAN 150,000 VISITORS SINCE THE RELEASE DATE. ADDITIONALLY, ACE FURTHERED WORK ON THE ELECTIVE CLASSIFICATIONS, INCLUDING LAUNCHING A PILOT FOR A NEW CARNEGIE ELECTIVE CLASSIFICATION FOR SUSTAINABILITY, AND THE TEAM RECEIVED 270 APPLICATIONS FOR INSTITUTIONS TO BE CLASSIFIED OR RECLASSIFIED UNDER THE COMMUNITY ENGAGEMENT ELECTIVE CLASSIFICATION. 4647113 13000 GOVERNMENT RELATIONS & PUBLIC AFFAIRSACE'S DIVISION OF GOVERNMENT RELATIONS AND NATIONAL ENGAGEMENT (GRNE) COORDINATES THE EFFORTS OF THE HIGHER EDUCATION COMMUNITY IN REPRESENTING ITS CONCERNS TO THE FEDERAL GOVERNMENT. STAFF MEMBERS, ENGAGE WITH FEDERAL POLICY MAKERS ON PROPOSED FEDERAL LEGISLATION AND REGULATIONS, PREPARE TESTIMONY FOR CONGRESSIONAL HEARINGS AND FILE AMICUS CURIAE BRIEFS ON COURT CASES WITH IMPORTANT IMPLICATIONS FOR HIGHER EDUCATION, AND CREATE SHARED ADVOCACY MATERIALS AMONG OTHER ACTIVITIES. FOR FEDERAL GOVERNMENT POLICY MAKERS, THE DIVISION ACTS AS THE CENTRAL SOURCE OF INFORMATION AND COUNSEL ON ISSUES IMPORTANT TO THE HIGHER EDUCATION COMMUNITY. DIVISION STAFF MEMBERS ALSO COMMUNICATE INFORMATION ON RELEVANT FEDERAL AND STATE EDUCATIONAL CONCERNS AND ACE POLICY POSITIONS TO THE MEDIA, COLLEGE AND UNIVERSITY OFFICIALS, AND THE GENERAL PUBLIC. ANOTHER MEANS OF DISSEMINATION OF THIS INFORMATION IS THE ACE ANNUAL MEETING, WHICH IS AN IDEAL SETTING FOR NETWORKING WITH COLLEAGUES AND ADDRESSING FUTURE CHALLENGES OF HIGHER EDUCATION, INCLUDING IN THE PUBLIC POLICY ARENA.THE OFFICE OF PUBLIC AFFAIRS WORKS TO MAINTAIN THE COUNCIL'S PRESENCE AS A TOP SOURCE FOR MEDIA ON HIGHER EDUCATION ISSUES AND POLICY, ENHANCE PUBLIC UNDERSTANDING OF A WIDE RANGE OF HIGHER EDUCATION TOPICS, ADVOCATE ON BEHALF OF ACE MEMBERSHIP ON KEY ISSUES, AND PROMOTE THE IMPORTANT WORK OF ACE PROGRAMS. 3705079 24150 485378 PROFESSIONAL DEVELOPMENT PROGRAMSACE CONNECT SERVES AS ACE'S CENTRAL HUB FOR COMMUNITY STRATEGY AND ENGAGEMENT, BUILDING PARTNERSHIPS AND FOSTERING COLLABORATION ACROSS THE HIGHER EDUCATION ECOSYSTEM. THROUGH SIGNATURE NETWORKS, STRATEGIC CONVENINGS, AND DIGITAL ENGAGEMENT TOOLS, ACE CONNECT CREATES SPACES FOR LEADERS TO SHARE EXPERTISE, STRENGTHEN RELATIONSHIPS, AND ADVANCE SOLUTIONS TO THE SECTOR'S MOST PRESSING CHALLENGES.AS THE UNIT RESPONSIBLE FOR ACE'S MAJOR CONVENINGS, ACE CONNECT LEADS THE PLANNING AND EXECUTION OF THE ACE EXPERIENCE, ACE'S FLAGSHIP EVENT SERIES WITH ITS ANNUAL MEETING AS THE FEATURED CENTERPIECE OF ENGAGEMENT. THE ACE EXPERIENCE CONVENES NEARLY 700 HIGHER EDUCATION LEADERS FOR DIALOGUE ON CRITICAL ISSUES SHAPING THE FUTURE OF THE SECTOR AND, BEYOND THE ANNUAL MEETING, FEATURES COMPONENTS SUCH AS ACE ON THE HILL, THE UNIVERSITY NETWORK SUMMIT AS A PARTNER CONFERENCE, THE ACE WOMEN'S NETWORK LEADERSHIP CONFERENCE, AND THE COUNCIL OF FELLOWS GATHERING. ALL THESE COMBINE TO ELEVATE THE ACE EXPERIENCE AS A CATALYST FOR COLLABORATION, ADVOCACY, AND INNOVATION.ACE CONNECT ALSO MANAGES THREE CORNERSTONE COMMUNITIES: -THE ACE COUNCIL OF FELLOWS (COF), REPRESENTING ALUMNI OF THE ACE FELLOWS PROGRAM, A LEADERSHIP DEVELOPMENT INITIATIVE WITH MORE THAN 2,000 GRADUATES SINCE 1965. THE COF CONVENES FELLOWS ANNUALLY AND PROVIDES ONGOING OPPORTUNITIES FOR PEER LEARNING AND ENGAGEMENT, INCLUDING A SPECIAL GATHERING DURING THE ACE EXPERIENCE 2026. -ESTABLISHED IN 1977 THE ACE WOMEN'S NETWORK, A SYSTEM OF STATE-BASED NETWORKS REACHING THOUSANDS OF WOMEN AND ALLIES ANNUALLY, DEDICATED TO DIVERSIFYING THE LEADERSHIP PIPELINE. THE WOMEN'S NETWORK LEADERSHIP CONFERENCEHELD DURING THE ACE EXPERIENCERECENTLY SURPASSED ITS REGISTRATION GOAL, UNDERSCORING THE CONTINUED DEMAND FOR GENDER-FOCUSED LEADERSHIP DEVELOPMENT. -THE COMMISSION ON FAITH-BASED COLLEGES AND UNIVERSITIES, WHICH CONVENES LEADERS FROM FAITH-BASED INSTITUTIONS TO ADDRESS SHARED CHALLENGES AND OPPORTUNITIES. IN 2025, THE COMMISSION CONVENED OVER 130 PRESIDENTS AND LEADERS. ITS THIRD ANNUAL MEETING, SCHEDULED FOR JUNE 8, 2026, WILL INTRODUCE A NEW FORUM FOR GENERAL COUNSELS TO EXPLORE LEGAL ISSUES UNIQUE TO FAITH-BASED CAMPUSES, STRENGTHENING INSTITUTIONAL RESILIENCE AND COMPLIANCE STRATEGIES.TO EXTEND THE REACH OF THESE EFFORTS, ACE CONNECT LEVERAGES ACE ENGAGE, ACE'S DIGITAL PLATFORM FOR VIRTUAL NETWORKING AND LEARNING. THROUGH WEBINARS, WORKSHOPS, AND A ROBUST RESOURCE LIBRARY, ACE ENGAGE COMPLEMENTS IN-PERSON CONVENINGS AND PUBLICATIONS SUCH AS THE RECENT WHITE PAPER, DUAL MISSION INSTITUTIONS: BRIDGING TRADITIONAL AND WORKFORCE LEARNING FOR REGIONAL IMPACT, WHICH GENERATED SIGNIFICANT ENGAGEMENT WITHIN WEEKS OF RELEASE. 3354874 11123877 ANNUAL MEETING AND OTHER PROGRAMS: ACE'S ANNUAL MEETING BRINGS TOGETHER HIGHER EDUCATION LEADERS FROM ALL SECTORS. THE ANNUAL MEETING IS AN EVENT TO NETWORK WITH COLLEAGUES, HEAR ABOUT EMERGING TRENDS FROM NATIONAL THOUGHT LEADERS, AND LEARN ABOUT NEW APPROACHES TO CAMPUS CHALLENGES. 2016302 POLICY ANALYSIS AND RESEARCHTHE RESEARCH UNIT IS RESPONSIBLE FOR CREATING, AGGREGATING, AND DISSEMINATING KNOWLEDGE, INSIGHTS, AND DATA THAT HELP THE COUNCIL AND SECTOR IT REPRESENTS MEASURE AND ARTICULATE THEIR RESPECTIVE IMPACT. THE UNIT SERVES THESE FUNCTIONS THROUGH CONDUCTING RESEARCH THAT ESTABLISHES BENCHMARKS AND MEASURES COLLECTIVE IMPACT OF THE POSTSECONDARY SECTOR; AND THROUGH PROVIDING TIMELY ANALYSIS OF PUBLIC POLICY ISSUES. THE UNIT IS ALSO TASKED TO CONDUCT SUMMATIVE AND FORMATIVE ASSESSMENT OF THE COUNCIL'S ACTIVITIES THAT WILL INFORM ITS STRATEGIC PRIORITIES AND CATALYZE ONGOING ORGANIZATIONAL IMPROVEMENT AND IMPACT. 9076255 24150 11609255 25964706 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 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 1 334 0 1 163 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 NY X JANICE LAMBERT 2029399330 ONE DUPONT CIRCLE NW 800 WASHINGTON DC 200361193 FELIX V MATOS RODRIGUEZ CHAIR 1.00 X X 0 0 0 TOM STRITIKUS VICE CHAIR/CHAIR ELECT 1.00 X X 0 0 0 ANNE M KRESS INCOMING VICE CHAIR 1.00 X 0 0 0 LINDA A LIVINGSTONE IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 NEELI BENDAPUDI DIRECTOR 1.00 X 0 0 0 SCOTT PULSIPHER DIRECTOR 1.00 X 0 0 0 SIAN LEAH BEILOCK DIRECTOR 1.00 X 0 0 0 PAM EDDINGER DIRECTOR 1.00 X 0 0 0 ROBERT W IULIANO DIRECTOR 1.00 X 0 0 0 PHILOMENA V MANTELLA DIRECTOR 1.00 X 0 0 0 JAMES B MILLIKEN DIRECTOR 1.00 X 0 0 0 CARMEN TWILLIE AMBAR DIRECTOR 1.00 X 0 0 0 TED CARTER DIRECTOR 1.00 X 0 0 0 JUAN SANCHEZ MUNOZ DIRECTOR 1.00 X 0 0 0 MADELINE PUMARIEGA DIRECTOR 1.00 X 0 0 0 VALERIE SMITH DIRECTOR 1.00 X 0 0 0 FRANK J DOOLEY DIRECTOR 1.00 X 0 0 0 JOAN GABEL DIRECTOR 1.00 X 0 0 0 WILLIAM SERRATA DIRECTOR 1.00 X 0 0 0 RONALD S ROCHON DIRECTOR (AS OF 2/2025) 1.00 X 0 0 0 ADAM BUSH DIRECTOR (AS OF 6/2025) 1.00 X 0 0 0 REYNOLD VERRET DIRECTOR 1.00 X 0 0 0 TERRENCE M SAWYER DIRECTOR 1.00 X 0 0 0 JORGE G GONZALEZ DIRECTOR 1.00 X 0 0 0 MELVA K WALLACE DIRECTOR 1.00 X 0 0 0 CONNIE LEDOUX BOOK DIRECTOR 1.00 X 0 0 0 ANDY BRANTLEY DIRECTOR 1.00 X 0 0 0 JOHN O'BRIEN DIRECTOR 1.00 X 0 0 0 JEE HANG LEE DIRECTOR 1.00 X 0 0 0 ANA MARI CAUCE DIRECTOR (TO 4/2025) 1.00 X 0 0 0 BEN VINSON III DIRECTOR (TO 4/2025) 1.00 X 0 0 0 DONDE PLOWMAN DIRECTOR (TO 4/2025) 1.00 X 0 0 0 HEIDI M ANDERSON DIRECTOR (TO 1/2025) 1.00 X 0 0 0 SANTA J ONO DIRECTOR (TO 5/2025) 1.00 X 0 0 0 THEODORE MITCHELL PRESIDENT, EX OFFICIO 35.00 X 881160 0 149929 DERRICK ANDERSON SVP, ED FUTURES (TO 5/2025) 35.00 X 343492 0 53198 JON FANSMITH SVP, GOVERNMENT RELATIONS 35.00 X 328170 0 28426 JESSIE BROWN EXECUTIVE VICE PRESIDENT 35.00 X 297964 0 94664 ZENITTA ANDERSON SVP, CAO 35.00 X 294477 0 63047 JANICE LAMBERT VP FINANCE, CFO 35.00 X 268928 0 21825 ANNE MEEHAN ASST VP, GOVT RELATIONS (TO 8/2024) 35.00 X 519838 0 36721 PETER MCDONOUGH GENERAL COUNSEL 35.00 X 358088 0 82426 MUSHTAQ GUNJA EXEC. DIR., CCS 35.00 X 308275 0 64160 JESSE O'CONNELL CHIEF ADVANCEMENT OFFICER 35.00 X 269294 0 59330 MARLON SUKAL CHIEF PEOPLE AND CULTURE OFFICER 35.00 X 268098 0 66760 4137784 0 720486 62 0 1 0 FRONTRUNNER COLLABORATIONS LLC 2715 BRADBURY CT DAVIDSONVILLE MD 21035 CONSULTING 178600 ERNST & YOUNG LLP PO BOX 640382 PITTSBURGH PA 152640382 CONSULTING 162500 WIPFLI LLP PO BOX 3160 MILWAUKEE WI 532013160 IT CONSULTING 153900 ARENTFOX SCHIFF LLP PO BOX 7247 PHILADELPHIA PA 191700001 LEGAL SERVICES 151728 DELOITTE CONSULTING LLP 4022 SELLS DRIVE HERMITAGE TN 37076 CONSULTING 140000 7 44666 5984838 6029504 MEMBERSHIP DUES 900099 7990616 7990616 RENTAL INCOME 900099 5463264 4016847 1446417 FEDERAL CONTRACTS 900099 4547914 4547914 REVIEW AND REGISTRATION FEES 900099 3480023 3480023 INVESTMENT IN JV 900099 -760882 -760882 -2181676 -2256076 74400 18539259 2005626 2005626 5516031 5516031 12887914 10786140 9868 2101774 -9868 2091906 2091906 31010 28269 2741 2741 GARAGE PARKING 900099 109758 109758 MISCELLANEOUS INCOME 900099 -9666 -9666 100092 34285159 17021183 74400 11160072 X 20000 20000 4150 4150 2721878 1967736 754142 14997568 9934908 4297322 765338 1336838 897193 372404 67241 3628805 2383044 1073814 171947 1231079 823948 352617 54514 942957 440870 475438 26649 69279 69279 150000 150000 85038 85038 6842212 5381980 1387173 73059 80938 36969 43527 442 216550 137180 75353 4017 1661912 583847 1053662 24403 698603 166777 521745 10081 527374 495607 29891 1876 1680714 1632922 36304 11488 66484 178 66295 11 2379982 273302 2100928 5752 279008 19863 257944 1201 REPAIRS & MAINTENANCE 897275 235090 647975 14210 TAXES 329815 72328 253115 4372 OTHER EXPENSES 279094 125223 152322 1549 DUES & PUBLICATIONS 203716 180386 20344 2986 2638 1205 1419 14 41333907 25964706 14128051 1241150 7734865 6166935 6900881 4292274 1130717 746063 1031893 1081119 13779 1630 1358677 1247045 53794847 40008051 8011144 13786796 59262390 60650469 179622 154925 5560859 2443452 3067837 2972187 94252664 93542895 3843529 4044458 10245493 9410484 0 3613648 4826339 5269400 18915361 22337990 X 68501531 65175314 6835772 6029591 75337303 71204905 94252664 93542895 X -7048748 2949558 -33208 X 0 1 X 1 0 X 6141600 5502448 10422157 4510606 6029504 32606315 20072627 21089310 21172541 22771833 18495869 103602180 26214227 26591758 31594698 27282439 24525373 136208495 6440 2950 700 500 1000 11590 7804606 5095043 3511781 6197402 5682965 28291797 7811046 5097993 3512481 6197902 5683965 28303387 107905108 7582315 7390521 7799266 8050482 7521657 38344241 7582315 7390521 7799266 8050482 7521657 38344241 45604 78602 90218 88369 100092 402885 33842146 34060881 39484182 35421290 32147122 174955621 0.61680 0.64460 0.21920 0.22490 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: GARAGE PARKING OTHER REVENUE VENDING MACHINE SERVICE REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 248474 248474 40901809 41150283 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 322912 201701 276287 248474 1049374 250000 250000 250000 250000 1000000 1500000 2678042 2678042 26725626 19945690 6779936 7228008 5771218 1456790 17163171 14291143 2872028 13786796 RETIREE MEDICAL BEN. OBLIGATION 2097331 OTHER LIABILITIES 3172069 5269400 X 37177948 2949558 2949558 34228390 85038 -28269 56769 34285159 41310346 61477 61477 41248869 85038 85038 41333907 PART X, LINE 2: ACE EVALUATED ITS UNCERTAINTY IN INCOME TAXES AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF SEPTEMBER 30, 2025 AND 2024, THERE WERE NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -28,269. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 28,269. POSTRETIREMENT CHANGE OTHER THAN NET PERIODIC BENEFIT COST 33,208. 1 MARICOPA COMMUNITY COLLEGE DISTRICT 2411 WEST 14TH STREET TEMPE AZ 85281 860185552 GOVT ENTITY 10000 0 AWARD FOR INSTITUTIONAL TRANSFORMATION UNIVERSITY OF HAWAII FOUNDATION 1314 SOUTH KING STREET SUITE B HONOLULU HI 96814 990085260 501(C)(3) 10000 0 AWARD FOR INSTITUTIONAL TRANSFORMATION 2 0 PART I, LINE 2: ACE IS REQUIRED TO PERFORM SUBRECIPIENT MONITORING OF THE FUNDS IT RECEIVES FROM FEDERAL SOURCES IN ORDER TO ENSURE THAT THE FUNDS ARE BEING USED FOR THEIR INTENDED PURPOSE AND THAT THERE ARE NO UNIFORM GUIDANCE 2 CFR 200 AUDIT FINDINGS THAT MAY ADVERSELY AFFECT THE USE OF THE SUBRECIPIENTS' FEDERAL FUNDS. SUBRECIPIENT MONITORING EFFORTS ARE A JOINT EFFORT OF PROGRAM STAFF AND THE FINANCE & BUDGET STAFF. ALL OTHER GRANT FUNDS PROVIDED TO ENTITIES ARE SIMILARLY MONITORED THROUGH THE USE OF SUBAWARD AGREEMENTS OR CONTRACTS & PERIODIC REPORTING PROVIDED BY GRANTEES TO ACE. X X 1 1 X X X X 1 1 0 0 0 0 0 0 0 THEODORE MITCHELL PRESIDENT, EX OFFICIO 716771 0 0 0 164389 0 134500 0 15429 0 1031089 0 0 0 ANNE MEEHAN ASST VP, GOVT RELATIONS (TO 8/2024) 144746 0 0 0 375092 0 13290 0 23431 0 556559 0 0 0 PETER MCDONOUGH GENERAL COUNSEL 357018 0 0 0 1070 0 57500 0 24926 0 440514 0 0 0 DERRICK ANDERSON SVP, ED FUTURES (TO 5/2025) 342985 0 0 0 507 0 27431 0 25767 0 396690 0 0 0 JESSIE BROWN EXECUTIVE VICE PRESIDENT 297404 0 0 0 560 0 54595 0 40069 0 392628 0 0 0 MUSHTAQ GUNJA EXEC. DIR., CCS 308185 0 0 0 90 0 31951 0 32209 0 372435 0 0 0 ZENITTA ANDERSON SVP, CAO 294339 0 0 0 138 0 30521 0 32526 0 357524 0 0 0 JON FANSMITH SVP, GOVERNMENT RELATIONS 327619 0 0 0 551 0 26493 0 1933 0 356596 0 0 0 MARLON SUKAL CHIEF PEOPLE AND CULTURE OFFICER 267651 0 0 0 447 0 50389 0 16371 0 334858 0 0 0 JESSE O'CONNELL CHIEF ADVANCEMENT OFFICER 268734 0 0 0 560 0 27927 0 31403 0 328624 0 0 0 JANICE LAMBERT VP FINANCE, CFO 268928 0 0 0 0 0 20275 0 1550 0 290753 0 0 0 PART I, LINE 1A THEODORE MITCHELL'S W-2 COMPENSATION INCLUDES IMPUTED OCCUPANCY INCOME FOR RESIDENCE FOR PERSONAL USE IN THE AMOUNT OF $161,132. THIS AMOUNT IS INCLUDED IN TAXABLE COMPENSATION AS OTHER REPORTABLE COMPENSATION. PER THE PRESIDENT'S EMPLOYMENT CONTRACT, COMPENSATION INCLUDES AN AMOUNT TO REASONABLY APPROXIMATE "GROSSED UP" PERSONAL INCOME TAXES INCURRED BY THE PRESIDENT AS A RESULT OF IMPUTED OCCUPANCY INCOME. PART I, LINES 4A-B LINE 4A, ANNE MEEHAN: $375,000 LINE 4B, THEODORE MITCHELL: $0 DISTRIBUTION AND $100,000 CONTRIBUTION FORM 990, HEADER, BOX L ACE WAS FORMED IN 1918 AS AN UNINCORPORATED ASSOCIATION IN THE DISTRICT OF COLUMBIA AND EXECUTED A CERTIFICATE OF INCORPORATION IN THE DISTRICT OF COLUMBIA IN 1931. FORM 990, PART VI, SECTION A, LINE 1A ACE'S EXECUTIVE COMMITTEE IS MADE UP OF THE BOARD CHAIR, VICE CHAIR, SECRETARY, IMMEDIATE PAST CHAIR, ACE PRESIDENT, AND AT LEAST TWO ADDITIONAL MEMBERS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT ON BEHALF OF THE FULL BOARD AS NECESSARY. THE PRESIDENT IS AN EX-OFFICIO NON-VOTING MEMBER OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE COUNCIL HAS FIVE CLASSES OF MEMBERS: NATIONAL ASSOCIATION MEMBERS, INSTITUTIONAL MEMBERS, ORGANIZATION MEMBERS, PROBATIONARY MEMBERS, AND ASSOCIATE MEMBERS. -NATIONAL ASSOCIATION MEMBERS ARE NON-PROFIT ORGANIZATIONS PRIMARILY CONCERNED WITH HIGHER EDUCATION. -INSTITUTIONAL MEMBERS CONSIST OF COLLEGES AND UNIVERSITIES, LEGALLY AUTHORIZED TO GRANT DEGREES, ACCREDITED BY AN AGENCY RECOGNIZED BY THE COUNCIL FOR HIGHER EDUCATION ACCREDITATION OR BY AN AGENCY RECOGNIZED BY THE DEPARTMENT OF EDUCATION, OR A MULTI-CAMPUS INSTITUTION OR STATE SYSTEM. -ORGANIZATION MEMBERS ARE NON-PROFIT ORGANIZATIONS PRIMARILY CONCERNED WITH HIGHER EDUCATION AND WHOSE MEMBERSHIP IS RESTRICTED BY LOCAL, STATE, OR REGIONAL BOUNDARIES OR OTHER CONSIDERATIONS; OR NON-PROFIT ORGANIZATIONS PRINCIPALLY ENGAGED IN ELEMENTARY OR SECONDARY EDUCATION AND WHICH ARE LOCAL, STATE, REGIONAL, OR NATIONAL IN SCOPE. -PROBATIONARY MEMBERS CONSIST OF COLLEGES, UNIVERSITIES, AND OTHER POST-SECONDARY INSTITUTIONS THAT OFFER DEGREES AND ARE CANDIDATES FOR ACCREDITATION BY AN AGENCY RECOGNIZED BY THE COUNCIL FOR HIGHER EDUCATION ACCREDITATION OR BY THE DEPARTMENT OF EDUCATION. -ASSOCIATE MEMBERS ARE NON-VOTING MEMBERS OF WHOSE INCLUSION IN THE COUNCIL MAY ADVANCE THE INTERESTS OF HIGHER EDUCATION, ACE OR ITS MEMBERSHIP, AND ARE IN THE FOLLOWING CATEGORIES: -BRANCH OR REGIONAL SUBSCRIBERS, SUCH AS CAMPUSES THAT ARE NOT SEPARATELY ACCREDITED, BUT UNDER THE AUSPICES OF A MEMBER-ELIGIBLE INSTITUTION OR SYSTEM. -INTERNATIONAL MEMBERS, SUCH AS HIGHER EDUCATION ASSOCIATIONS OR INSTITUTIONS OUTSIDE THE UNITED STATES AND ITS TERRITORIES THAT ARE RECOGNIZED BY THE APPROPRIATE AUTHORITY IN THE COUNTRY. -LEARNED SOCIETY MEMBERS, SUCH AS ACADEMIC AND SCHOLARLY SOCIETIES THAT EXIST TO PROMOTE AN ACADEMIC DISCIPLINE OR PROFESSION, OR A GROUP OF RELATED DISCIPLINES OR PROFESSIONS. -AFFILIATE MEMBERS, SUCH AS CORPORATIONS, FOUNDATIONS, AND OTHER ORGANIZATIONS THAT ARE CONCERNED WITH HIGHER EDUCATION. INDIVIDUAL MEMBERS, SUCH AS INDIVIDUALS CONCERNED WITH HIGHER EDUCATION. -INDIVIDUAL MEMBERS, SUCH AS INDIVIDUALS CONCERNED WITH HIGHER EDUCATION. FORM 990, PART VI, SECTION A, LINE 7A A MAJORITY OF THE BOARD OF DIRECTORS ARE ELECTED BY NATIONAL ASSOCIATION MEMBERS, INSTITUTIONAL MEMBERS, ORGANIZATION MEMBERS, AND PROBATIONARY MEMBERS. VOTING IS LIMITED TO MEMBERS THAT ARE NON-PROFIT, TAX-EXEMPT ENTITIES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT VERSION OF IRS FORMS 990 AND 990-T ARE INITIALLY CIRCULATED AMONG ACE'S ENTIRE BOARD PRIOR TO FILING. THE PURPOSE OF MAKING THE FORMS AVAILABLE TO THE ENTIRE BOARD MEMBERSHIP IS TO SOLICIT QUESTIONS AND/OR SUGGESTIONS FOR IMPROVEMENTS TO THE DRAFT. ACE'S CHIEF FINANCIAL OFFICER (CFO) COMPILES ALL COMMENTS RECEIVED FROM THE BOARD AND RESOLVES THOSE MATTERS PRIOR TO FILING OF FORMS 990 AND 990-T. ACE'S AUDIT, FINANCE AND COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS IS CHARGED WITH COMPLIANCE OVERSIGHT, INCLUDING THE ACCURATE AND TIMELY FILING OF FORMS 990 AND 990-T. THE AUDIT, FINANCE AND COMPLIANCE COMMITTEE ALSO PERIODICALLY RECEIVES UPDATES CONCERNING CHANGES TO THE FORMS PROMULGATED BY THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ACE HAS A CONFLICT-OF-INTEREST POLICY. THE COUNCIL'S GENERAL COUNSEL IS RESPONSIBLE FOR MANAGING AN ANNUAL PROCESS BY WHICH EACH COVERED PERSON, AND EVERY OTHER ACE EMPLOYEE, IS ASKED TO COMPLETE A CONFLICT-OF-INTEREST QUESTIONNAIRE AND CERTIFY THAT THE PERSON HAS READ, COMPLIED WITH AND AGREES TO COMPLY WITH THAT POLICY. FORM 990, PART VI, SECTION B, LINE 15 ACE'S BOARD OF DIRECTORS DELEGATES AUTHORITY TO ACE'S COMPENSATION COMMITTEE COMPOSED OF MEMBERS OF ITS EXECUTIVE COMMITTEE TO PROVIDE INDEPENDENT OVERSIGHT AND, AS APPROPRIATE, APPROVAL OF SALARY AND OTHER COMPENSATION ARRANGEMENTS FOR ACE'S PRESIDENT AND OTHER OFFICERS AND EMPLOYEES WHO ARE IN A POSTION TO EXERT SUBSTANTIAL INFLUENCE OVER ACE'S AFFAIRS AND THUS LIKELY TO BE CONSIDERED "DISQUALIFIED PERSONS" WITHIN THE MEANING OF SECTION 4958 OF THE IRC. THE POSITIONS, IN ADDITION TO THE PRESIDENT, FOR WHICH THE COMPENSATION COMMITTEE PROVIDES OVERSIGHT AND APPROVAL INCLUDE ALL SENIOR VICE PRESIDENTS AND ACE'S CHIEF FINANCIAL OFFICER. THE COMPENSATION COMMITTEE IS ATTENTIVE TO THE POLICIES RELATED TO THE COUNCIL'S COMPENSATION STRUCTURE FOR THESE POSITIONS AND ENSURES THAT SUCH COMPENSATION IS REASONABLY INFORMED BY COMPENSATION OFFERED FOR SIMILAR SERVICES BY COMPARABLE ASSOCIATIONS OR ORGANIZATIONS, TAKING INTO ACCOUNT THEIR COMPARABLE CIRCUMSTANCES. REGARDING THE PRESIDENT POSITION SPECIFICALLY, THE COMPENSATION COMMITTEE HAS A PRACTICE OF RECEIVING COMPARABLE COMPENSATION DATA, INFORMED BY INDEPENDENT COMPENSATION CONSULTANTS, FOR A PEER GROUP OF ORGANIZATIONS WHICH INCLUDES THE PRIMARY RECRUITING SOURCES FOR THE ACE PRESIDENT POSITION. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC TO THE EXTENT THE FINANCIAL STATEMENTS ARE INCLUDED IN AN ANNUAL REPORT, IF PUBLISHED, ON THE PUBLICLY AVAILABLE ACE WEBSITE. GOVERNING DOCUMENTS AND THE CONFLICT-OF-INTEREST POLICY ARE PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 2,702,619. MANAGEMENT AND GENERAL EXPENSES 1,313,767. FUNDRAISING EXPENSES 69,193. TOTAL EXPENSES 4,085,579. CONTRACTED PERSONNEL: PROGRAM SERVICE EXPENSES 50,231. MANAGEMENT AND GENERAL EXPENSES 24,418. FUNDRAISING EXPENSES 1,286. TOTAL EXPENSES 75,935. HONORARIUM: PROGRAM SERVICE EXPENSES 47,739. MANAGEMENT AND GENERAL EXPENSES 23,206. FUNDRAISING EXPENSES 1,222. TOTAL EXPENSES 72,167. RECRUITMENT: PROGRAM SERVICE EXPENSES 28,931. MANAGEMENT AND GENERAL EXPENSES 14,064. FUNDRAISING EXPENSES 741. TOTAL EXPENSES 43,736. SPEAKER FEES: PROGRAM SERVICE EXPENSES 37,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,250. SUB-AWARDS: PROGRAM SERVICE EXPENSES 2,491,103. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,491,103. BUSINESS & SERVICE FEES: PROGRAM SERVICE EXPENSES 16,168. MANAGEMENT AND GENERAL EXPENSES 7,859. FUNDRAISING EXPENSES 414. TOTAL EXPENSES 24,441. OTHER SERVICE FEES: PROGRAM SERVICE EXPENSES 7,939. MANAGEMENT AND GENERAL EXPENSES 3,859. FUNDRAISING EXPENSES 203. TOTAL EXPENSES 12,001. FORM 990, PART XI, LINE 9: POSTRETIREMENT CHANGE OTHER THAN NET PERIODIC BENEFIT COST -33,208.