2024-05-14T15:33:00-05:00 2023-06-30 440160260 FORVIS LLP 1410 SPRING HILL ROAD SUITE 500 TYSONS VA 221023056 990 2022-07-01 521125164 NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES NATI 2027858866 1025 CONNECTICUT AVENUE NW 700 WASHINGTON DC 200365420 BARBARA K MISTICK PRESIDENT 2027858866 2024-05-02 1 BARBARA MISTICK 999009999 0 AMY BIBBY P00445891 7039700400 2024-05-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BARBARA K MISTICK 1025 CONNECTICUT AVENUE NW 700 WASHINGTON DC 200365420 9925161 0 X WWW.NAICU.EDU X 1976 DC THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU) SERVES AS THE UNIFIED 43 43 21 0 0 0 584859 385000 7238648 7398531 489687 510047 0 0 8313194 8293578 0 0 0 0 4775663 4850866 0 0 0 2143131 2300451 6918794 7151317 1394400 1142261 14871589 17892473 3969565 5470016 10902024 12422457 X THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU) SERVES AS THE UNIFIED VOICE FOR THE 1,700 PRIVATE, NONPROFIT COLLEGES AND UNIVERSITIES IN OUR NATION. FOUNDED IN 1976, NAICU IS THE ONLY NATIONAL MEMBERSHIP ORGANIZATION SOLELY FOCUSED ON REPRESENTING 0 0 2463292 GOVERNMENT RELATION ACTIVITIES - REPRESENTING U.S. INDEPENDENT COLLEGES AND UNIVERSITIES ON PUBLIC POLICY ISSUES WITH GOVERNMENTAL INSTITUTIONS. 1454069 RESEARCH - GATHERING, ANALYZING, AND DISTRIBUTING INFORMATION IN SUPPORT OF ALL ASSOCIATION ACTIVITIES. 1220944 7398531 MEMBERSHIP ACTIVITIES - MEMBERSHIP RECRUITMENT, RETENTION, ENGAGEMENT, ACTIVITIES, AND RESPONDING TO MEMBERSHIP INQUIRES, PRIORITIES, CONCERNS. 1179518 PUBLIC RELATION ACTIVITIES - IMPLEMENTS A COMPREHENSIVE PUBLIC AFFAIRS PROGRAM TO ENHANCE PUBLIC UNDERSTANDING OF INDEPENDENT HIGHER EDUCATION. 1179518 6317823 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 15 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 43 43 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X VONDA DICKSON 2027858866 1025 CONNECTICUT AVENUE NW 700 WASHINGTON DC 200365420 ERIC F SPINA BOARD CHAIR 1.00 X 0 0 0 CONSTANCE L BOOK VICE CHAIR 1.00 X 0 0 0 ISIAAH CRAWFORD PAST CHAIR 1.00 X 0 0 0 MICHAEL B ALEXANDER DIRECTOR 1.00 X 0 0 0 IRMA BECERRA DIRECTOR 1.00 X 0 0 0 MARC M CAMILLE DIRECTOR 1.00 X 0 0 0 ANDREA E CHAPDELAINE DIRECTOR 1.00 X 0 0 0 MILES K DAVIS DIRECTOR 1.00 X 0 0 0 GREGORY G DELL'OMO DIRECTOR 1.00 X 0 0 0 JEFFREY R DOCKING DIRECTOR 1.00 X 0 0 0 ROGER D DRAKE DIRECTOR 1.00 X 0 0 0 HENRY J EYRING DIRECTOR 1.00 X 0 0 0 JOSEPH A FAVAZZA DIRECTOR 1.00 X 0 0 0 WAYNE A FREDERICK DIRECTOR 1.00 X 0 0 0 ERIC W FULCOMER DIRECTOR THROUGH 12/1/22 1.00 X 0 0 0 BRYON L GRIGSBY DIRECTOR 1.00 X 0 0 0 PAMELA GUNTER-SMITH DIRECTOR 1.00 X 0 0 0 LAVERNE T HARMON DIRECTOR 1.00 X 0 0 0 MARY D HINTON DIRECTOR 1.00 X 0 0 0 DENNIS H HOLTSCHNEIDER DIRECTOR 1.00 X 0 0 0 JEFFREY KUAN DIRECTOR 1.00 X 0 0 0 ROBERT LEFEVRE DIRECTOR 1.00 X 0 0 0 RICHANNE C MANKEY DIRECTOR 1.00 X 0 0 0 ROBERT L MANUEL DIRECTOR 1.00 X 0 0 0 CHARLIE T MCCORMICK DIRECTOR 1.00 X 0 0 0 THAYNE M MCCULLOH DIRECTOR 1.00 X 0 0 0 MICHAEL A MCDONALD DIRECTOR 1.00 X 0 0 0 ANN MCELANEY-JOHNSON DIRECTOR 1.00 X 0 0 0 ERNEST MCNEALEY DIRECTOR 1.00 X 0 0 0 JOSE D PADILLA DIRECTOR 1.00 X 0 0 0 ELIZABETH L PAUL DIRECTOR 1.00 X 0 0 0 L JEFFREY PEREZ DIRECTOR 1.00 X 0 0 0 PAUL C PRIBBENOW DIRECTOR 1.00 X 0 0 0 MICHAEL P SCHNEIDER DIRECTOR 1.00 X 0 0 0 ANNE A SKLEDER DIRECTOR 1.00 X 0 0 0 A CLAYTON SPENCER DIRECTOR 1.00 X 0 0 0 TERRI STANDISH-KUON DIRECTOR 1.00 X 0 0 0 G GABRIELLE STARR DIRECTOR 1.00 X 0 0 0 IVY R TAYLOR DIRECTOR 1.00 X 0 0 0 JAMES TROHA DIRECTOR 1.00 X 0 0 0 JOHN Y WALZ DIRECTOR 1.00 X 0 0 0 BURTON J WEBB DIRECTOR 1.00 X 0 0 0 ALEXANDER W WHITAKER DIRECTOR 1.00 X 0 0 0 JENNIFER WIDNESS DIRECTOR 1.00 X 0 0 0 DR BARBARA MISTICK PRESIDENT & EX-OFFICIO 40.00 X 789097 0 80678 SARAH FLANAGAN VP GOVERNMENT RELATIONS 40.00 X 376067 0 67090 ELIZABETH GEMOETS VICE PRESIDENT & COO 40.00 X 311248 0 58870 PETE BOYLE VP PUBLIC AFFAIRS 40.00 X 262790 0 65883 VONDA DICKSON DIRECTOR - FINANCE & ADMINISTRATION 40.00 X 191676 0 37273 DEBORAH REILLY DIRECTOR - MEMBER RELATIONS 40.00 X 170844 0 35922 2101722 0 345716 15 0 1 0 OPTIMAL NETWORKS INC 15201 DIAMONDBACK DR ROCKVILLE MD 20850 IT SERVICES 111287 CIMATRI HOLDCO LLC 400 ORONOCO ST ALEXANDRIA VA 22314 IT SERVICES 101846 2 385000 385000 MEMBERSHIP DUES 900099 6780926 6780926 MEETING SPONSORSHIP 900099 331200 331200 ANNUAL MEETING REGISTRATION 900099 256160 256160 WORKSHOP REGISTRATION 900099 30245 30245 7398531 396305 396305 1745325 1631583 113742 113742 113742 8293578 7398531 0 510047 920239 644167 276072 2962145 2725803 236342 317129 283994 33135 434649 422426 12223 216704 191990 24714 28406 26880 1526 39888 17391 22497 57680 57680 267091 205733 61358 128037 117109 10928 386582 379598 6984 515807 449458 66349 88681 80439 8242 575100 568068 7032 548 478 70 2722 2374 348 34935 30463 4472 NAICUSE EXPENSES 126326 126326 SUBSCRIPTIONS & MEMBERS 45836 43222 2614 STAFF RECRUITMENT 2812 1904 908 7151317 6317823 833494 0 7074301 6992546 385000 96028 144173 739219 738160 3781 1059 7625071 8296296 72408 2073399 14871589 17892473 896115 361917 3073450 2621392 0 2486707 3969565 5470016 X 10875514 12395947 26510 26510 10902024 12422457 14871589 17892473 1142261 378172 0 X X 0 1 X 1 0 X 561164 584859 385000 1531023 6696815 6940748 6708372 7238648 7398531 34983114 6696815 6940748 7269536 7823507 7783531 36514137 0 0 0 36514137 187875 170251 182821 322196 396305 1259448 187875 170251 182821 322196 396305 1259448 6884690 7110999 7452357 8145703 8179836 37773585 0.96670 0.97300 0.03330 0.02700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 424241 424241 6727076 7151317 507566 126892 0 0 484035 459359 495940 507566 1946900 2920350 542269 453947 593099 424241 2013556 121009 114840 123985 126892 486726 730089 100000 100000 361203 361203 0 378016 376957 1059 1059 INTEREST IN HEALTH BENEFIT TRUST 72408 FINANCE LEASE RIGHT OF USE ASSET, NET 14400 OPERATING LEASE RIGHT OF USE ASSET, NET 1986591 2073399 FINANCE LEASE 14615 OPERATING LEASE 2472092 2486707 X 8614070 378172 378172 8235898 57680 57680 8293578 7093637 0 7093637 57680 57680 7151317 PART X, LINE 2: NAICU IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ON INCOME OTHER THAN UNRELATED BUSINESS INCOME; ACCORDINGLY THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL OR STATE INCOME TAXES. THE ASSOCIATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2023 AND 2022. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 DR BARBARA MISTICK PRESIDENT & EX-OFFICIO 654097 0 50000 0 85000 0 65075 0 15603 0 869775 0 0 0 SARAH FLANAGAN VP GOVERNMENT RELATIONS 356067 0 20000 0 0 0 30500 0 36590 0 443157 0 0 0 ELIZABETH GEMOETS VICE PRESIDENT & COO 301248 0 10000 0 0 0 30500 0 28370 0 370118 0 0 0 PETE BOYLE VP PUBLIC AFFAIRS 255290 0 7500 0 0 0 26755 0 39128 0 328673 0 0 0 VONDA DICKSON DIRECTOR - FINANCE & ADMINISTRATION 191676 0 0 0 0 0 19294 0 17979 0 228949 0 0 0 DEBORAH REILLY DIRECTOR - MEMBER RELATIONS 165844 0 5000 0 0 0 17096 0 18826 0 206766 0 0 0 PART I, LINE 1A THERE WERE NO TRAVEL EXPENSES FOR THE PRESIDENT'S COMPANION DURING THE 2022 CALENDAR YEAR. THE PRESIDENT RECEIVED A HOUSING ALLOWANCE THAT WAS INCLUDED IN TAXABLE COMPENSATION. PART I, LINE 4B THE PRESIDENT PARTICIPATED IN A 457(F) RETIREMENT PLAN AND $14,075 WAS PAID INTO THE PLAN DURING THE 2022 CALENDAR YEAR. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: VOICE FOR THE 1,700 PRIVATE, NONPROFIT COLLEGES AND UNIVERSITIES IN OUR NATION. FOUNDED IN 1976, NAICU IS THE ONLY NATIONAL MEMBERSHIP ORGANIZATION SOLELY FOCUSED ON REPRESENTING PRIVATE, NONPROFIT HIGHER EDUCATION ON PUBLIC POLICY ISSUES IN WASHINGTON, DC. NAICU'S MEMBERSHIP REFLECTS THE DIVERSITY OF PRIVATE, NONPROFIT HIGHER EDUCATION IN THE U.S. OUR MEMBER INSTITUTIONS INCLUDE MAJOR RESEARCH UNIVERSITIES, FAITH-BASED COLLEGES, HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, HISPANIC-SERVING INSTITUTIONS AND OTHER MINORITY-SERVING INSTITUTIONS, ART AND DESIGN COLLEGES, CONSERVATORIES OF MUSIC, TRADITIONAL LIBERAL ARTS AND SCIENCE INSTITUTIONS, WOMEN'S COLLEGES, WORK COLLEGES, TWO-YEAR COLLEGES AND SCHOOLS OF LAW, MEDICINE, ENGINEERING, BUSINESS, AND OTHER PROFESSIONS. NAICU: - WORKS REGULARLY WITH CONGRESS, THE WHITE HOUSE, AND FEDERAL AGENCIES ON ISSUES OF GREATEST CONCERN TO INDEPENDENT COLLEGES AND UNIVERSITIES - PROVIDES ACCESS TO KEY CONGRESSIONAL AND ADMINISTRATION LEADERS AND STAFF - TRACKS, ANALYZES, AND SUMMARIZES POLICY, LEGISLATION, AND REGULATIONS - CREATES AND PROVIDES TOOLS, RESOURCES, LEGISLATIVE ALERTS, AND THE WEEKLY WASHINGTON UPDATE NEWSLETTER, TO HELP MEMBERS MAKE THE CASE FOR INDEPENDENT HIGHER EDUCATION - SERVES AS A CONVENER AND COALITION BUILDER - CREATES TAILORED ADVOCACY TRAINING FOR NEW AND EXPERIENCED PRESIDENTS FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: PRIVATE, NONPROFIT HIGHER EDUCATION ON PUBLIC POLICY ISSUES IN WASHINGTON, DC. NAICU'S MEMBERSHIP REFLECTS THE DIVERSITY OF PRIVATE, NONPROFIT HIGHER EDUCATION IN THE U.S. OUR MEMBER INSTITUTIONS INCLUDE MAJOR RESEARCH UNIVERSITIES, FAITH-BASED COLLEGES, HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, HISPANIC-SERVING INSTITUTIONS AND OTHER MINORITY-SERVING INSTITUTIONS, ART AND DESIGN COLLEGES, CONSERVATORIES OF MUSIC, TRADITIONAL LIBERAL ARTS AND SCIENCE INSTITUTIONS, WOMEN'S COLLEGES, WORK COLLEGES, TWO-YEAR COLLEGES AND SCHOOLS OF LAW, MEDICINE, ENGINEERING, BUSINESS, AND OTHER PROFESSIONS. NAICU: - WORKS REGULARLY WITH CONGRESS, THE WHITE HOUSE, AND FEDERAL AGENCIES ON ISSUES OF GREATEST CONCERN TO INDEPENDENT COLLEGES AND UNIVERSITIES - PROVIDES ACCESS TO KEY CONGRESSIONAL AND ADMINISTRATION LEADERS AND STAFF - TRACKS, ANALYZES, AND SUMMARIZES POLICY, LEGISLATION, AND REGULATIONS - CREATES AND PROVIDES TOOLS, RESOURCES, LEGISLATIVE ALERTS, AND THE WEEKLY WASHINGTON UPDATE NEWSLETTER, TO HELP MEMBERS MAKE THE CASE FOR INDEPENDENT HIGHER EDUCATION - SERVES AS A CONVENER AND COALITION BUILDER - CREATES TAILORED ADVOCACY TRAINING FOR NEW AND EXPERIENCED PRESIDENTS FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. THERE SHALL BE THREE CATEGORIES OF VOTING MEMBERS OF THE ASSOCIATION, AND ONE CATEGORY OF NON-VOTING MEMBERS AS FOLLOWS: A) INDEPENDENT NONPROFIT INSTITUTIONS OF HIGHER EDUCATION THAT ARE LOCATED WITHIN THE TERRITORIAL JURISDICTION OF THE UNITED STATES, AND THAT ARE RECOGNIZED BY A NATIONAL OR REGIONAL ACCREDITING GROUP THAT IS RECOGNIZED BY THE COUNCIL ON HIGHER EDUCATION ACCREDITATION, OR ARE MEMBERS OF A STATE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (HEREAFTER REFERRED TO AS "MEMBER INSTITUTIONS"); B) STATE ASSOCIATIONS OF INDEPENDENT COLLEGES AND UNIVERSITIES (HEREAFTER REFERRED TO AS "MEMBER ASSOCIATIONS"). ONLY ONE STATE ASSOCIATION SHALL BE RECOGNIZED FROM EACH STATE FOR PURPOSES OF REGULAR NAICU MEMBERSHIP, WHICH SHALL BE THE PRIMARY STATE ASSOCIATION REPRESENTING INDEPENDENT COLLEGES AND UNIVERSITIES IN THAT STATE, AND; C) NATIONAL, REGIONAL, OR OTHER SPECIAL-PURPOSE ASSOCIATIONS OF INDEPENDENT NONPROFIT COLLEGES AND UNIVERSITIES (HEREAFTER REFERRED TO AS "MEMBER ASSOCIATIONS"). D) COLLEGES AND UNIVERSITIES THAT ARE LOCATED OUTSIDE THE TERRITORIAL JURISDICTION OF THE UNITED STATES AND MEET NAICU'S OTHER MEMBERSHIP REQUIREMENTS, I.E. THE INSTITUTIONS ARE INDEPENDENT, NONPROFIT, AND ACCREDITED BY A NATIONAL OR REGIONAL GROUP THAT IS RECOGNIZED BY THE COUNCIL ON HIGHER EDUCATION ACCREDITATION. THESE SHALL BE NON-VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS SHALL CONSIST OF FORTY-FOUR MEMBERS (DURING THE 2022-2023 FISCAL YEAR THERE WAS ONE VACANT POSITION); THE PRESIDENT SHALL BE AN EX OFFICIO MEMBER OF THE BOARD WITHOUT VOTE. TWENTY-FOUR DIRECTORS, WHO SHALL BE CHIEF EXECUTIVE OFFICERS OF MEMBER INSTITUTIONS, SHALL BE ELECTED DIRECTLY BY THE MEMBERSHIP; TWELVE DIRECTORS, WHO SHALL BE CHIEF EXECUTIVE OFFICERS OF MEMBER INSTITUTIONS, SHALL BE ELECTED BY THE TWENTY-FOUR DIRECTLY ELECTED DIRECTORS; THE CHAIR OF THE SECRETARIAT SHALL BE EX OFFICIO MEMBER OF THE BOARD WITH VOTE; ONE ADDITIONAL MEMBER OF THE SECRETARIAT SHALL BE RECOMMENDED TO THE BOARD BY THE SECRETARIAT AND RATIFIED BY THE BOARD WITH VOTE; THREE MEMBERS OF THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGE AND UNIVERSITY STATE EXECUTIVES SHALL BE RECOMMENDED TO THE BOARD BY THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGE AND UNIVERSITY STATE EXECUTIVES AND RATIFIED BY THE BOARD WITH VOTE; THE CHAIR OF THE BOARD SHALL SERVE A FOURTH YEAR ON THE BOARD, AND THE PAST CHAIR SHALL SERVE A FIFTH YEAR. THREE NON-PRESIDENTS FROM MEMBER INSTITUTIONS ALSO PARTICIPATE IN BOARD DELIBERATIONS WITHOUT VOTE. FORM 990, PART VI, SECTION A, LINE 7B AT ANY DULY CONSTITUTED MEETING OF THE BOARD OF DIRECTORS, A TWO-THIRDS VOTE OF THE PRESENT DIRECTORS MAY AMEND THE BYLAWS. SUCH AMENDMENT IS SUBJECT TO RATIFICATION BY THE MEMBERS AT THE NEXT ANNUAL MEETING. THE BOARD ALSO HAS THE POWER TO PROPOSE MEMBERSHIP DUES WHICH ARE SUBJECT TO THE APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 SHALL BE PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO FILING. WRITTEN REVIEW COMMENTS ARE FORWARDED TO MANAGEMENT AND CONCERNS WERE SUBSEQUENTLY ADDRESSED BY THE CPA FIRM. BEFORE FILING, A COPY IS PROVIDED TO ALL MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C BEFORE, AT, OR AFTER THE NAICU ANNUAL MEETING, EACH BOARD MEMBER RECEIVES NAICU'S CONFLICT OF INTEREST POLICY AND IS ASKED TO REVIEW AND STIPULATE (A) NO CONFLICT(S) EXISTS OR (B) POSSIBLE CONFLICT(S) EXISTS. THE STATEMENT IS REVIEWED BY NAICU'S PRESIDENT, DATED AND INITIALED. IF THE PRESIDENT IDENTIFIES A POSSIBLE CONFLICT, IT IS PRESENTED AT THE BOARD MEETING. IF THE MAJORITY DEEMS A CONFLICT, THE BOARD MEMBER IS ASKED TO RECUSE HIMSELF. TO DATE, NO CONFLICTS HAVE BEEN IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 CONDUCTED BY QUATT ASSOCIATES, NAICU PARTICIPATES IN AN ANNUAL WASHINGTON HIGHER EDUCATION SECRETARIAT COMPENSATION AND BENEFITS SURVEY. THE SURVEY IS FURTHER BROKEN DOWN INTO A SPECIAL CUT, CONSISTING OF EIGHT ORGANIZATIONS WHICH MOST CLOSELY RESEMBLE NAICU IN STRUCTURE, MISSION, AND GOVERNANCE. THE DATA AND RESULTS FROM THIS CUT ARE FORWARDED TO NAICU'S PRESIDENT WHO THEN FORWARDS IT TO NAICU'S COMPENSATION COMMITTEE - THE CHAIR, VICE CHAIR, AND PAST CHAIR. THIS COMMITTEE IS TASKED WITH THE AUTHORITY TO DETERMINE COMPENSATION FOR THE PRESIDENT AND THREE VICE PRESIDENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED. CORPORATION FOR INDEPENDENT HIGHER EDUCATION 1025 CONNECTICUT AVE NW STE 700 WASHINGTON DC 20036 521118295 NOT CURRENTLY FUNCTIONING DC 501(C)(6) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0