2026-05-14T12:53:18-05:00 2025-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-07-01 520239291 TAX EXECUTIVES INSTITUTE INC TAXE 2026385601 1200 G ST NW 300 WASHINGTON DC 20005 ALICIA P MATA EXECUTIVE DIRECTOR 2026385601 2026-05-14 1 0 ELIZABETH W HELLER P00397829 3019519090 2024 2025-03-06 01:10:19Z ALICIA P MATA 1200 G ST NW 300 WASHINGTON DC 20005 11773163 0 X TEI.ORG X 1944 NY TO ENHANCE AND IMPROVE THE TAX SYSTEM AND TO SERVE ITS MEMBERS. 76 76 23 478 299650 24479 0 0 11297208 10905137 322257 395937 717209 472089 12336674 11773163 126437 123614 0 0 3704163 4318436 0 0 0 7321258 6950631 11151858 11392681 1184816 380482 16394361 16918317 5973008 6233137 10421353 10685180 X THE MISSION OF TAX EXECUTIVES INSTITUTE IS TO ENHANCE AND IMPROVE THE GLOBAL TAX SYSTEM AND TO SERVE ITS MEMBERS THEIR EMPLOYERS AND SOCIETY GENERALLY BY FACILITATING INTERACTION AMONG AND THE TRAINING OF MEMBERS AND THEIR STAFFS BY EFFECTIVELY ADVOCATING ITS MEMBERS VIEWS AND BY PROMOTING COMPETENCE AND PROFESSIONALISM IN BOTH THE PRIVATE AND GOVERNMENT SECTORS. 0 0 MEMBERSHIP SERVICES AND DEVELOPMENT: TAX EXECUTIVES INSTITUTE IS THE PREEMINENT ASSOCIATION OF IN-HOUSE TAX PROFESSIONALS WORLDWIDE. OUR APPROXIMATELY 5,879 MEMBERS REPRESENT MORE THAN 2,750 OF THE LEADING CORPORATIONS IN NORTH AND SOUTH AMERICA, EUROPE, AND ASIA. THROUGH TEI AND ITS 55 CHAPTERS WORLDWIDE, TAX EXECUTIVES HAVE ACCESS TO THE FINEST, MOST COST-EFFECTIVE TAX TRAINING AVAILABLE; THE CAMARADERIE OF THEIR FELLOW TAX PROFESSIONALS, WHO WILLINGLY SHARE THEIR INSIGHTS, IDEAS, AND EXPERIENCES; AND THE ABILITY TO WORK COLLECTIVELY TO IMPROVE TAX POLICY AND ADMINISTRATION. TEI MEMBERS RECEIVE A BI-MONTHLY JOURNAL, TAX EXECUTIVE, AND A BI-WEEKLY THOUGHT LEADERSHIP BULLETIN FEATURING ARTICLES AND INSIGHTS. THEY ALSO HAVE ACCESS TO TEI ENGAGE, TEI'S MEMBER-ONLY ONLINE COMMUNITY, PROVIDING GLOBAL NETWORKING OPPORTUNITIES. TEI MEMBERS MAY ENHANCE THEIR PERSONAL LEADERSHIP, COMMUNICATION, AND MENTORING SKILLS BY VOLUNTEERING LOCALLY OR AT THE INSTITUTE LEVEL. TEI ALSO PROVIDES MEMBERS THE OPPORTUNITY TO PARTICIPATE IN SURVEYS AND TO DEVELOP BENCHMARKING TOOLS FOR TAX EXECUTIVES. CONTINUING EDUCATION: TAX EXECUTIVES INSTITUTE (TEI OR THE INSTITUTE) PROGRAMS ARE AVAILABLE AT THE INSTITUTE, REGION, AND CHAPTER LEVEL, AND SATISFY STATE OR COUNTRY REQUIREMENTS FOR CONTINUING PROFESSIONAL EDUCATION. TEI ALSO PROVIDES EDUCATIONAL RESOURCES SUCH AS FORUMS FOR THE EXCHANGE OF INFORMATION ON VARIOUS ISSUES AFFECTING THE CORPORATE TAX COMMUNITY. TEI ALSO PROVIDES ITS MEMBERS WITH A ROBUST MEMBER-ONLY, ONLINE COMMUNITY, TEI ENGAGE, ENABLING MEMBERS TO SHARE INFORMATION ON TAX MATTERS. ADVOCACY & COMMITTEES: TEI PROVIDES EXCELLENT ANALYSES OF PROPOSED TAX LEGISLATION, REGULATIONS, AND OTHER ADMINISTRATIVE PRONOUNCEMENTS. TEI ALSO WORKS WITH LEGISLATIVE AND REGULATORY BODIES BY PROVIDING COMMENTARY ON POLICY AND THE ADMINISTRATIVE ASPECTS OF LEGISLATIVE AND REGULATORY PROPOSALS. TEI'S LEGISLATIVE AND ADVOCACY FUNCTIONS ARE CARRIED ON LARGELY THROUGH THE VOLUNTEER EFFORTS OF ITS MEMBERS. TEI ALSO FILES AMICUS BRIEFS IN SUPPORT OF TEI MEMBERS' INTERESTS TO ENSURE TAXES ARE IMPOSED FAIRLY AND EQUITABLY UNDER THE US CONSTITUTION. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 42 0 1 23 1 1 1 1 CA NL 0 0 1 1 0 0 0 X 76 76 0 0 1 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X TRACY GIBBS 2026385601 1200 G ST NW 300 WASHINGTON DC 20005 SANDHYA EDUPUGANTY PRES. THEN PAST I.P. (EFF. 8/24) 1.00 1.00 X X 0 0 0 JOSEPHINE SCALIA SVP THEN PRESIDENT (EFF. 8/24) 1.00 1.00 X X 0 0 0 WALTER DOGGETT TREAS. THEN SVP (EFF. 8/24) 1.00 1.00 X X 0 0 0 MARCUS SHORE SEC. THEN TREASURER (EFF. 8/24) 1.00 1.00 X X 0 0 0 WAYNE HAMILTON GSCR THEN SEC. (EFF. 8/24) 1.00 1.00 X 0 0 0 MARK CALUORI REGION 1 VICE PRESIDENT 1.00 1.00 X 0 0 0 YANG YE REGION 2 VICE PRESIDENT (BEG 8/24) 1.00 1.00 X 0 0 0 BRIAN POWER REGION 2 VICE PRESIDENT (END 8/24) 1.00 1.00 X 0 0 0 ANISSA OWEN REGION 3 VICE PRESIDENT (BEG 8/24) 1.00 1.00 X 0 0 0 KAREN MILLER REGION 3 VICE PRESIDENT (END 8/24) 1.00 1.00 X 0 0 0 BRIAN KAUFMAN REGION 4 VICE PRESIDENT 1.00 1.00 X 0 0 0 SCOTT TINCHER REGION 5 VICE PRESIDENT 1.00 1.00 X 0 0 0 LAWRENCE POCIASK REGION 6 VICE PRESIDENT 1.00 1.00 X 0 0 0 ANGELA SCHLEMMER REGION 7 VICE PRESIDENT (BEG 8/24) 1.00 1.00 X 0 0 0 JANET RUDNICKI REG. 7 VP THEN GSCR (EFF. 8/24) 1.00 1.00 X 0 0 0 BRADLEY PEES REG. 8 VP THEN FL CR. (EFF. 08/24) 1.00 1.00 X 0 0 0 SEAN WELSH CAR. CR. THEN REG. 8 VP (EFF. 8/24) 1.00 1.00 X 0 0 0 ELLEN MCMILLAN REGION 9 VICE PRESIDENT 1.00 1.00 X 0 0 0 KEVIN MANES REGION 10 VICE PRESIDENT 1.00 1.00 X 0 0 0 NICK HASENOEHRL REGION 11 VICE PRESIDENT 1.00 1.00 X 0 0 0 ROBERT HOWREN PAST INTERNATIONAL PRESIDENT 1.00 1.00 X 0 0 0 TERILEA WIELENGA PAST INTERNATIONAL PRESIDENT 1.00 1.00 X 0 0 0 WAYNE MONFRIES PAST INTERNATIONAL PRESIDENT 1.00 1.00 X 0 0 0 KATRINA WELCH PAST INTERNATIONAL PRESIDENT 1.00 1.00 X 0 0 0 JAMES SILVESTRI PAST INT'L PRESIDENT (END 8/24) 1.00 1.00 X 0 0 0 WAYNE WALLACE ALASKA CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 KEELY HITT ARIZONA CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 FRED LO ASIA CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 BRANDON DRAPER ATLANTA CHAPTER REP. (BEG 8/24) 1.00 1.00 X 0 0 0 KIMBERLI WARREN ATLANTA CHAPTER REP. (END 8/24) 1.00 1.00 X 0 0 0 MICHELLE KALB BALTIMORE-WASHINGTON CHAPTER REP. 1.00 1.00 X 0 0 0 JAMES RIZZO BUFFALO-NIAGARA CHAPTER REP. 1.00 1.00 X 0 0 0 GRACE ZHAO CALGARY CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 GEORGE PAPPAS CAROLINAS CHAPTER REP. (BEG 8/24) 1.00 1.00 X 0 0 0 RACHEL LUU CENTRAL TEXAS CHAP. REP. (BEG 8/24) 1.00 1.00 X 0 0 0 KRISTINE ROGERS CENTRAL TEXAS CHAP. REP. (END 8/24) 1.00 1.00 X 0 0 0 SARAH WINTERS CHICAGO CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 MICHAEL MURPHY CIN.-COL. CHAP. REP. (BEG 8/24) 1.00 1.00 X 0 0 0 BRYAN TRAPP CIN.-COL. CHAP. REP. (END 8/24) 1.00 1.00 X 0 0 0 TONI MITCHELL CLEVELAND CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 JENNIFER JUNG CONNECTICUT VALLEY CHAPTER REP. 1.00 1.00 X 0 0 0 SUSAN BAUER DALLAS CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 JAY ROBERTS DENVER CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 VICTORIA GALLERT DETROIT CHAPTER REP. (BEG 8/24) 1.00 1.00 X 0 0 0 CHRISTOPHER TRESSLER DETROIT CHAPTER REP. (END 8/24) 1.00 1.00 X 0 0 0 LORRY LIMBOURG EMEA CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 MARK LINIADO FORT WORTH CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 DANIEL CHANG HAWAII CHAPTER REP. (BEG 8/24) 1.00 1.00 X 0 0 0 GLEN SHIGETOMI HAWAII CHAPTER REP. (END 8/24) 1.00 1.00 X 0 0 0 PAUL BROMAN HOUSTON CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 RYAN EBERHARDT INDIANA CHAP. REP. (BEG 8/24) 1.00 1.00 X 0 0 0 KARLA ORR INDIANA CHAP. REP. (END 8/24) 1.00 1.00 X 0 0 0 RICHARD PULLEN IOWA CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 YUKIE HEARD KANSAS CITY CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 JOHN CALABRESE KENTUCKY CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 LIONEL NOBRE LATIN AMERICA CHAPTER REP. 1.00 1.00 X 0 0 0 LINDA KIM LOS ANGELES CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 KENNETH SCHAFER MINNESOTA CHAPTER REP. (END 8/24) 1.00 1.00 X 0 0 0 LIZ SEVERSON MINNESOTA CHAPTER REP. (BEG 8/24) 1.00 1.00 X 0 0 0 NATHALIE NOEL MONTREAL CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 VANESSA SHARER NASHVILLE CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 ADAM FRITZ NEBRASKA CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 MADEL MIRANDA NEVADA CHAPTER REP. (BEG 8/24) 1.00 1.00 X 0 0 0 CASSIDY CRAWFORD NEVADA CHAPTER REP. (END 8/24) 1.00 1.00 X 0 0 0 ERICA MURRAY NEW ENGLAND CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 RAYMOND SALORT NEW JERSEY CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 PAUL HELLER NEW YORK CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 DARRELEE KINAS NORTHEAST WISCONSIN CHAPTER REP. 1.00 1.00 X 0 0 0 JAIMIE HIGHTOWER OKLAHOMA CITY CHAP. REP. (END 8/24) 1.00 1.00 X 0 0 0 JACK LAUBACH OKLAHOMA CITY CHAP. REP. (BEG 8/24) 1.00 1.00 X 0 0 0 LISA GRACE ORANGE COUNTY CHAP. REP. (BEG 8/24) 1.00 1.00 X 0 0 0 JAY LEIBOWITZ ORANGE COUNTY CHAP. REP. (END 8/24) 1.00 1.00 X 0 0 0 MELISSA HEWITT LOCHETTO PHILADELPHIA CHAP. REP. (BEG 8/24) 1.00 1.00 X 0 0 0 JIBU VERGIS PHILADELPHIA CHAP. REP. (END 8/24) 1.00 1.00 X 0 0 0 THOMAS SLOWEY PITTSBURGH CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 SUZANNE WILLSON PORTLAND CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 GARY STEINBERG ROCHESTER CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 TYLER LOVELAND SALT LAKE CITY CHAPTER REP. 1.00 1.00 X 0 0 0 SON LE SAN DIEGO CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 ANA MENDEZ DARBY SAN FRANCISCO CHAPTER REP. 1.00 1.00 X 0 0 0 MAKENZIE ZUERN SEATTLE CHAPTER REP. (BEG 8/24) 1.00 1.00 X 0 0 0 JONNELL QUARRIE SEATTLE CHAPTER REP. (END 8/24) 1.00 1.00 X 0 0 0 DANIEL SMITH SILICON VALLEY CHAPTER REP. 1.00 1.00 X 0 0 0 BRUCE WELIKSON ST. LOUIS CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 KRISTINA CAPRETTA TORONTO CHAPTER REP. (BEG 8/24) 1.00 1.00 X 0 0 0 FRANK MARTINICCHIO TORONTO CHAPTER REP. (END 8/24) 1.00 1.00 X 0 0 0 ERNEST GATES TULSA CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 BETTY MAK VANCOUVER CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 VERNON TURNER VIRGINIA CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 PETER DENICOLA WESTCHESTER-FAIRFIELD CHAPTER REP. 1.00 1.00 X 0 0 0 JASON GRIFFEN WESTERN MICHIGAN CHAPTER REP. 1.00 1.00 X 0 0 0 TODD CARLSON WISCONSIN CHAPTER REPRESENTATIVE 1.00 1.00 X 0 0 0 ALICIA P MATA EXECUTIVE DIRECTOR 40.00 1.00 X 501910 0 24361 WILLIAM P EVANS CHIEF TAX COUNSEL 40.00 X 285809 0 43460 BENJAMIN SHRECK TAX COUNSEL 40.00 X 263698 0 35278 TODD LARD TAX COUNSEL 40.00 X 262023 0 17698 KELLY MADIGAN TAX COUNSEL 40.00 X 241913 0 22645 MARTIN SCHUEBEL DIRECTOR OF MARKETING & EVENTS 40.00 X 217717 0 23887 LYNN SPENCE DIRECTOR OF IT 40.00 X 187309 0 9066 1960379 0 176395 14 0 1 0 GEORGIA TECH HOTEL AND CONF CTR 800 SPRING ST NW ATLANTA GA 30308 EVENT FACILITY SERVICES 474496 JW MARRIOT SAN ANTONIO 23808 RESORT PKWY SAN ANTONIO TX 78261 EVENT FACILITY SERVICES 321456 MARRIOTT INTERNATIONAL INC 301 S MARKET ST SAN JOSE CA 95113 EVENT FACILITY SERVICES 247534 GRAND HYATT WASHINGTON 1000 H ST NW WASHINGTON DC 20001 EVENT FACILITY SERVICES 233818 COHNREZNICK LLP 500 E PRATT ST 4TH FLOOR BALTIMORE MD 21202 ACCOUNTING SERVICES 169359 9 SPONSORSHIPS 900099 3908001 3908001 CHAPTERS AND REGIONS 900099 3202833 3202833 CONTINUING EDUCATION 900099 1955251 1955251 MEMBERSHIP DUES 900099 1532763 1532763 PUBLICATIONS 900099 306289 6639 299650 10905137 395937 395937 451600 451600 25469 0 25469 25469 25469 OTHER INCOME 900099 -4980 -4980 -4980 11773163 10600507 299650 873006 120750 2864 890133 2846488 124741 206343 250731 5510 277733 31140 52321 150550 72674 454454 263637 79892 1667423 121902 48535 UBI TAXES 12120 CHAPTERS & REGIONS DISB 3127319 PUBLICATIONS 160743 CHAPTER REBATES 157920 266758 11392681 4630467 3922079 5349081 6173972 125128 446680 279486 304550 2096897 1623259 502333 473638 3526388 3778053 1981478 1819345 16394361 16918317 842693 672430 2465359 3162377 2664956 2398330 5973008 6233137 X 10421353 10685180 10421353 10685180 16394361 16918317 380482 146059 -262714 0 X 0 1 X 1 0 0 0 0 1532763 11154 11154 11154 933205 678719 254486 988498 769346 219152 175194 175194 0 473638 RIGHT-OF-USE ASSETS 1819345 1819345 OPERATING LEASE LIABILITY 2392630 DEPOSITS 5700 2398330 8685249 146059 146059 8539190 31140 3202833 3233973 11773163 8113108 0 8113108 31140 3248433 3279573 11392681 PART XI, LINE 4B - OTHER ADJUSTMENTS: INCOME EARNED BY CHAPTERS AND REGIONS PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES INCURRED BY CHAPTERS AND REGIONS 1 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 2864 NORTH AMERICA 0 0 PROGRAM SERVICES DISBURSEMENTS FOR MEETING, DINNER, CONFERENCE EXP. 327962 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES DISBURSEMENTS FOR MEETING, DINNER, CONFERENCE EXP. 2122 0 0 0 0 0 0 332948 0 332948 0 0 0 0 0 0 PART I, LINE 2: CHAPTERS MAY ESTABLISH A SCHOLARSHIP PROGRAM TO AWARD ANNUAL SCHOLARSHIP GRANTS. THE ELIGIBILITY CRITERIA MUST BE IN WRITING; AND THE GUIDELINES AND PROCEDURES MUST BE APPROVED IN ADVANCE BY THE INSTITUTE SECRETARY. THE SCHOLARSHIP SELECTION, ADMINISTRATION, AND AWARD PROCESSES MUST RESIDE WITH A DESIGNATED EDUCATIONAL INSTITUTION, NOT WITH THE CHAPTER. MEMBERS OF TAX EXECUTIVES INSTITUTE, INC. AND THEIR IMMEDIATE FAMILIES ARE INELIGIBLE TO RECEIVE CHAPTER SCHOLARSHIPS. THE GRANT OF THE SCHOLARSHIP SHALL NOT BE CONDITIONED UPON THE RENDERING OF FUTURE EMPLOYMENT SERVICES BY THE RECIPIENT. CANDIDATES MUST ATTEND A FULLY ACCREDITED COLLEGE OR UNIVERSITY IN AN UNDERGRADUATE OR GRADUATE CAPACITY AND MUST PURSUE A CURRICULUM WHICH EMPHASIZES STUDIES THAT COULD LEAD TO A CAREER IN TAXATION. PAYMENT OF SCHOLARSHIP AWARDS IS TO THE COLLEGE OR UNIVERSITY, NOT TO THE INDIVIDUAL RECIPIENT(S). X X 1 1 X X 0 0 0 ALICIA P MATA EXECUTIVE DIRECTOR 437515 0 64395 0 0 0 19800 0 4561 0 526271 0 0 0 WILLIAM P EVANS CHIEF TAX COUNSEL 277809 0 8000 0 0 0 17401 0 26059 0 329269 0 0 0 BENJAMIN SHRECK TAX COUNSEL 256198 0 7500 0 0 0 15990 0 19288 0 298976 0 0 0 TODD LARD TAX COUNSEL 254523 0 7500 0 0 0 14880 0 2818 0 279721 0 0 0 KELLY MADIGAN TAX COUNSEL 234413 0 7500 0 0 0 14100 0 8545 0 264558 0 0 0 MARTIN SCHUEBEL DIRECTOR OF MARKETING & EVENTS 209717 0 8000 0 0 0 13050 0 10837 0 241604 0 0 0 LYNN SPENCE DIRECTOR OF IT 179309 0 8000 0 0 0 7923 0 1143 0 196375 0 0 0 PART I, LINE 1A THE EXPENSES OF THE SPOUSES OF THE INSTITUTE PRESIDENT, EXECUTIVE DIRECTOR, AND CHIEF TAX COUNSEL ARE REIMBURSED IN RESPECT OF THEIR ATTENDANCE AT CERTAIN BONA FIDE BUSINESS MEETINGS INVOLVING A SIGNIFICANT NUMBER OF SPOUSES AND FORMAL COMPANION PROGRAMS. THESE AMOUNTS ARE NOT INCLUDED IN TAXABLE COMPENSATION. THE EXECUTIVE DIRECTOR AND INTERNATIONAL PRESIDENT OCCASIONALLY TRAVEL VIA FIRST CLASS. AMOUNTS RELATED TO THIS ARE NOT INCLUDED IN TAXABLE COMPENSATION. FORM 990, PART VI, SECTION A, LINE 4 IN AUGUST 2024, THE ORGANIZATION UPDATED ITS BYLAWS TO REMOVE ITS ASSOCIATE MEMBER CATEGORY. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS OPEN TO PERSONS NOT ENGAGED IN PUBLIC TAX PRACTICE WHO ARE EMPLOYED BY CORPORATIONS AND OTHER BUSINESSES AND ARE CHARGED WITH THE RESPONSIBILITY FOR DIRECTLY OR INDIRECTLY ADMINISTERING THE TAXATION OF THEIR ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ARTICLE II, SECTION 4 OF THE INSTITUTE'S BY-LAWS PROVIDES THAT EACH OF THE TEI CHAPTERS "HAVE THE RIGHT, ONCE EVERY TWO YEARS, TO ELECT A DIRECTOR (CHAPTER REPRESENTATIVE) TO A TWO-YEAR TERM [ON THE INSTITUTE BOARD OF DIRECTORS]. THE TERMS OF OFFICE WITH RESPECT TO DIRECTORS FROM THE CHAPTERS ARE STAGGERED SO THAT THE NUMBER OF DIRECTORS ELECTED FROM THE CHAPTERS EACH YEAR ARE ONE-HALF OF THE NUMBER OF CHAPTERS OF THE INSTITUTE." IN RESPECT OF THE FOUR SENIOR OFFICERS AND ELEVEN REGIONAL VICE PRESIDENTS, ARTICLE V, SECTION 2 OF THE BY-LAWS PROVIDES THAT EACH YEAR, THE INSTITUTE'S NOMINATING COMMITTEE "MAKES NOMINATIONS FOR OFFICERS, EXCEPT THAT THE SENIOR VICE PRESIDENT AUTOMATICALLY SUCCEEDS TO THE OFFICE OF PRESIDENT AT THE NEXT ANNUAL MEETING OF MEMBERS BY OPERATION OF THESE BY-LAWS." UNDER SECTIONS 3 AND 5 OF THAT ARTICLE, IF NO OTHER NOMINATIONS ARE MADE BY 25 OR MORE MEMBERS WITHIN THE PRESCRIBED TIME PERIOD, THE OFFICERS ARE DEEMED ELECTED BY OPERATION OF THE BY-LAWS. IF THERE ARE OTHER NOMINATIONS, THE NAMES ARE PLACED ON THE BALLOT FOR SELECTION BY THE MEMBERSHIP. IN RESPECT OF PAST PRESIDENTS, ARTICLE II, SECTION 5, PROVIDES "PAST PRESIDENTS OF THE INSTITUTE WHO COMPLETE THEIR SERVICE AS PRESIDENT ON OR BEFORE THE 2018 ANNUAL MEETING OF THE MEMBERS, ARE BE NOMINATED TO SERVE ON THE BOARD EACH YEAR AS LONG AS THEY CONTINUE THEIR FULL MEMBERSHIP AND CONSENT TO SERVE AS DIRECTORS. PAST PRESIDENTS OF THE INSTITUTE WHO COMPLETE THEIR SERVICE AS PRESIDENT AFTER THE 2018 ANNUAL MEETING OF THE MEMBERS, ARE NOMINATED TO SERVE ON THE BOARD FOR UP TO SIX CONSECUTIVE ONE-YEAR TERMS FOLLOWING THEIR SERVICE AS PRESIDENT AS LONG AS THEY CONTINUE THEIR FULL MEMBERSHIP AND CONSENT TO SERVE. NOTHING IN THIS SECTION LIMITS THE ELIGIBILITY OF A PAST PRESIDENT TO SERVE ON THE BOARD AS A CHAPTER REPRESENTATIVE OR AN OFFICER." FORM 990, PART VI, SECTION A, LINE 7B ARTICLE X OF THE INSTITUTE'S BY-LAWS PROVIDES THAT AMENDMENTS TO THE BY-LAWS MUST BE APPROVED BY THE MEMBERSHIP. IN ADDITION, UNDER NEW YORK LAW, DIRECTORS ELECTED BY THE MEMBERSHIP (OR BY A CLASS OF MEMBERS) MAY ONLY BE REMOVED BY VOTE OF THOSE MEMBERS OR CLASS OF MEMBERS. NEW YORK LAW ALSO REQUIRES THE MEMBERSHIP TO APPROVE MERGERS OR CONSOLIDATIONS AND DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND ONE OF THE INSTITUTE'S FOUR SENIOR OFFICERS REVIEWS THE RETURN AFTER MANAGEMENT HAS APPROVED IT. THE RETURN WAS THEN PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNING BOARD IS ASKED TO SIGN THE CONFLICT OF INTEREST FORMS EACH YEAR AND TEI FOLLOWS UP SEVERAL TIMES TO ENSURE THAT THE FORMS ARE RECEIVED. TEI EMPLOYEES ARE ALSO REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS INCLUDES ALL OF THESE ELEMENTS: - REVIEW AND APPROVAL BY THE INSTITUTE'S EXECUTIVE COMMITTEE; - USE OF DATA AS TO COMPARABLE COMPENSATION; AND - CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING 1. DEVELOPMENT OF RECOMMENDATIONS - THE EXECUTIVE DIRECTOR DEVELOPS RECOMMENDATIONS WITH RESPECT TO ALL MEMBERS OF THE STAFF OTHER THAN HIMSELF OR HERSELF, AND FORWARDS THEM TO THE INSTITUTE'S CURRENT AND INCOMING PRESIDENTS FOR REVIEW AND DISCUSSION. THOSE RECOMMENDATIONS ARE THEN REFERRED TO THE INSTITUTE'S EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL. THE CURRENT AND INCOMING PRESIDENTS DEVELOP A RECOMMENDATION WITH RESPECT TO THE EXECUTIVE DIRECTOR. 2. REVIEW AND APPROVAL - THE RECOMMENDATIONS REFERRED TO IN ITEM 1 ARE REVIEWED, ADJUSTED, AND APPROVED BY THE EXECUTIVE COMMITTEE, WITH THE EXECUTIVE DIRECTOR NOT BEING INVOLVED IN A DISCUSSION OF HIS OR HER OWN COMPENSATION; THE RECOMMENDATION IN RESPECT OF THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE FULL BOARD OF DIRECTORS. HENCE, PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENTS AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 3. USE OF DATA AS TO COMPARABLE COMPENSATION - THE COMPENSATION OF ALL STAFF MEMBERS ARE REVIEWED AND APPROVED USING DATA ON COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. AMONG THE SOURCES OF SUCH COMPARABLE INFORMATION IS THE ASAE'S ASSOCIATION COMPENSATION AND BENEFITS SURVEY. 4. CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING - THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. THE LAST TOP MANAGEMENT OFFICIAL COMPENSATION REVIEW TOOK PLACE IN AUGUST 2025. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. TEI EDUCATION FUND 1200 G STREET SUITE 300 WASHINGTON DC 20005 541402262 CONTINUING EDUCATION/FURTHER TEI'S EDUCATIONAL OBJECTIVES VA 501(C)(3) LINE 2 TAX EXECUTIVES INSTITUTE INC 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 TEI EDUCATION FUND Q 3234 RECEIPT TEI EDUCATION FUND R 1576 MANAGEMENT FEES