2024-06-25T15:46:10-05:00 2023-09-30 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2022-10-01 530196573 AMERICAN COUNCIL ON EDUCATION AMER 2029399330 ONE DUPONT CIRCLE NW 800 WASHINGTON DC 200361193 JANICE LAMBERT CHIEF FINANCIAL OFFICER 2029399330 2024-05-21 1 JANICE LAMBERT 999009999 0 AARON M FOX P01365820 2022274000 2024-06-25 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z THEODORE R MITCHELL ONE DUPONT CIRCLE NW 800 WASHINGTON DC 200361193 53150218 0 X WWW.ACENET.EDU X 1918 DC CONSENSUS LEADER ON HIGHER EDUCATION ISSUES & COORDINATING BODY FOR UNITED STATES HIGHER ED. 39 39 163 55 227590 0 5502448 10422157 21185209 21263289 2229735 2521227 5543005 5524362 34460397 39731035 292525 70409 0 0 19019902 20821016 0 0 808968 14093502 15047045 33405929 35938470 1054468 3792565 75911406 88069812 16033468 19700378 59877938 68369434 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. ACE IS THE MAJOR COORDINATING BODY FOR HIGHER EDUCATION IN THE UNITED STATES. 0 0 6986775 0 5781608 ADULT LEARNING AND EDUCATIONAL CREDENTIALS: ACE LEARNING EVALUATIONS (LE) DEMONSTRATES ITS COMMITMENT TO ADULT LEARNERS AND POSTSECONDARY CREDENTIAL ATTAINMENT THROUGH A WIDE RANGE OF PROGRAMS AND INITIATIVES THAT SUPPORT STUDENT SUCCESS. THIS INCLUDES ASSISTING COLLEGES AND UNIVERSITIES GRANT CREDIT FOR WORKPLACE LEARNING AND TRAINING TO IMPROVE ACCESS TO AND SUCCESS IN POSTSECONDARY EDUCATION. ACE VALIDATES A WIDE VARIETY OF EDUCATION AND TRAINING PROGRAMS FROM COURSES TO EXAMINATIONS, INCLUDING LANGUAGES, CERTIFICATIONS, AND APPRENTICESHIP PROGRAMS. THROUGH A CONTINUED CONTRACT WITH DEPARTMENT OF DEFENSE, ACE VALIDATES MILITARY TRAINING AND OCCUPATIONAL EXPERIENCES TO BRIDGE THE GAP BETWEEN PROFESSIONAL MILITARY EDUCATION AND POSTSECONDARY EDUCATION WHILE ENHANCING GOVERNMENT AND POSTSECONDARY DATA SYSTEMS AND VIRTUAL TECHNOLOGY. ASSOCIATED SUPPORT SERVICES CONNECT INSTITUTIONS OF HIGHER EDUCATION AND EMPLOYERS TO IMPROVE ECONOMIC MOBILITY FOR INDEPENDENT LEARNERS TO OBTAIN ACADEMIC CREDIT FOR FORMAL COURSES, TRAINING, AND EXPERIENCES TAKEN OUTSIDE TRADITIONAL COLLEGES AND UNIVERSITIES. THIS WORK ENSURES THE VALIDITY AND RELIABILITY OF NON-TRADITIONAL LEARNING AND PROVIDES OPPORTUNITIES FOR UNDERSERVED STUDENT POPULATIONS IN COLLEGE AND THE WORKFORCE. 5251254 70409 1301321 PROFESSIONAL DEVELOPMENT: ACE HAS A LONG HISTORY OF PROVIDING LEARNING AND ENGAGEMENT OPPORTUNITIES FOR CAMPUS LEADERS, INCLUSIVE OF PROGRAMS, SERVICES, AND RESEARCH. ACE'S EDUCATION FUTURES DIVISION (LEADING THE COUNCIL'S PROGRAMMATIC WORK) OFFERS A SUITE OF PROGRAMS AND SERVICES THAT ENRICH THE CAPACITY OF INSTITUTIONS AND INDIVIDUAL LEADERS TO INNOVATE, ADAPT AND PROMOTE HIGH QUALITY PRACTICE WITHIN HIGHER EDUCATION. THE UNIT SERVES INDIVIDUAL LEADERS AND INSTITUTIONS BY LEVERAGING A SUITE OF BLENDED SOLUTIONS INCLUDING BUT NOT LIMITED TO ACE'S TRANSFORMATION LABS AND ACE FELLOWS. ACE'S TRANSFORMATION LABS GUIDE HIGHER EDUCATION INSTITUTIONS THROUGH A STRUCTURED, CAMPUS-WIDE PLANNING PROCESS TO ADDRESS PRESSING STRATEGIC GOALS. CURRENT TRANSFORMATION LABS FOCUS ON LEARNER SUCCESS AND CAMPUS INTERNATIONALIZATION. LABS ARE FUNDED THROUGH GRANTS AND/OR PARTICIPANT FEES AND INCLUDE CAMPUS ENGAGEMENT WITH ACE LASTING FROM THREE MONTHS TO TWO YEARS. ACE FELLOWS OFFERS AN IN-DEPTH YEAR-LONG IMMERSION IN HIGHER EDUCATION LEADERSHIP. A COHORT OF 30 TO 50 LEADERS ARE SELECTED EACH YEAR TO PARTICIPATE IN THE PROGRAM, WHICH INCLUDES A SERIES OF RETREATS FOCUSED ON ESSENTIAL KNOWLEDGE AND SKILLS, EXTENDED MENTORING BY EXECUTIVES FROM A HOST CAMPUS, COMPLETION OF SPECIAL PROJECTS AND ASSIGNMENTS TO TRANSFORM AND ENHANCE BOTH THEIR HOME AND HOST CAMPUSES, AND OPPORTUNITIES TO CONNECT WITH AND LEARN FROM A WIDE ARRAY OF CAMPUS LEADERS. PARTICIPATION IN THE FELLOWS PROGRAM IS SUPPORTED BY PROGRAM FEES, GRANTS AND SCHOLARSHIPS. ACE'S COMMUNITY STRATEGY AND ENGAGEMENT UNIT FOCUSES ON FOSTERING PARTNERSHIP AND ENGAGEMENT WITH KEY STAKEHOLDERS AND ORGANIZATIONS, SUCH AS THE ACE WOMEN'S NETWORK AND THE ACE COUNCIL OF FELLOWS. THE COUNCIL OF FELLOWS COORDINATES THE ACTIVITIES, EVENTS, AND FUNDRAISING EFFORTS OF THE ACE FELLOWS PROGRAM ALUMNI. SINCE ITS INCEPTION IN 1965, OVER 2,000 INDIVIDUALS HAVE PARTICIPATED IN THE ACE FELLOWS PROGRAM. THIS DIVERSE NETWORK OF ALUMNI ARE AN ONGOING SOURCE OF SHARED EXPERTISE AND SUPPORT FOR ONE ANOTHER AS THEY NAVIGATE CHALLENGES FACING THEIR INSTITUTIONS AND PROACTIVELY ENGAGE TO ADVANCE HIGHER EDUCATION'S OVERARCHING MISSION. THE ACE WOMEN'S NETWORK IS A SYSTEM OF STATE-BASED NETWORKS WITH THE GOAL OF SUPPORTING AND ADVANCING WOMEN LEADERS IN HIGHER EDUCATION. ANNUALLY THE STATE NETWORKS REACH APPROXIMATELY 10,000 WOMEN AND SUPPORTS THE OVERARCHING VISION OF DIVERSIFYING THE HIGHER EDUCATION LEADERSHIP PIPELINE. THROUGH PROGRAMS AND INITIATIVES AND WITH THE SUPPORT OF ACE STAFF, THE STATE NETWORKS ENGAGE IN A SHARED MISSION OF IDENTIFYING, DEVELOPING, ENCOURAGING, ADVANCING, LEADING AND SUPPORTING WOMEN IN HIGHER EDUCATION CAREERS. EACH OF THE AFOREMENTIONED UNITS EMPLOYS ACE ENGAGE, ACE'S DIGITAL ENGAGEMENT TOOL, TO ADVANCE PRODUCT DISSEMINATION AND NETWORKING OPPORTUNITIES FOR HIGHER EDUCATION LEADERS. ACE ENGAGE IS A RESOURCE TO FOSTER VIRTUAL PEER TO PEER NETWORKING AND LEARNING, AND OFFERS INDIVIDUAL LEADERS ACCESS TO A RESOURCE LIBRARY, WEBINARS AND ONLINE WORKSHOPS WITH EXPERTS. 3989805 0 GOVERNMENT RELATIONS AND PUBLIC AFFAIRS: COORDINATES AND PUBLICIZES THE EFFORTS OF THE HIGHER EDUCATION COMMUNITY IN REPRESENTING ITS POSITIONS AND CONCERNS TO THE FEDERAL GOVERNMENT. ACE'S DIVISION OF GOVERNMENT RELATIONS (DGR) COORDINATES THE EFFORTS OF THE HIGHER EDUCATION COMMUNITY IN REPRESENTING ITS CONCERNS TO THE FEDERAL GOVERNMENT. STAFF MEMBERS PREPARE TESTIMONY FOR CONGRESSIONAL HEARINGS, COMMENT ON PROPOSED FEDERAL LEGISLATION AND REGULATIONS, AND FILE AMICUS CURIAE BRIEFS ON COURT CASES WITH IMPORTANT IMPLICATIONS FOR HIGHER EDUCATION, AMONG OTHER ACTIVITIES. FOR FEDERAL GOVERNMENT POLICY MAKERS, THE DIVISION ACTS AS THE CENTRAL SOURCE OF INFORMATION AND COUNSEL ON HIGHER EDUCATION ISSUES. DIVISION STAFF MEMBERS ALSO COMMUNICATE INFORMATION ON RELEVANT 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. 3393752 9890 CARNEGIE CLASSIFICATION: FOR 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 ARE USED BY RESEARCHERS AROUND THE WORLD TO STUDY THE HIGHER EDUCATION SECTOR IN AMERICA. ACE PARTNERED WITH THE CARNEGIE FOUNDATION IN FEBRUARY 2022 TO REDESIGN THE CARNEGIE CLASSIFICATIONS TO 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 FY23, ACE LAUNCHED A NEW WEBSITE THAT IS MORE USER-FRIENDLY; PLANNED FOR THE EXPANSION OF THE ELECTIVE CLASSIFICATIONS; CONTINUED WORK ON THE CLASSIFICATION METHODOLOGY; ENGAGED WITH AN ESTIMATED 3,000 STAKEHOLDERS ACROSS DOZENS OF MEETINGS, INSTITUTIONAL SITE VISITS, AND 15 CONFERENCES OR LARGE-SCALE EVENTS; PUBLISHED A BLOG POST ON TAKEAWAYS FROM THAT ENGAGEMENT; AND HAD TWO INTERVIEWS PUBLISHED IN EXTERNAL MAGAZINES. ADDITIONALLY, IN FY23, ACE RELEASED UPDATES FOR THE BASIC AND SOCIAL & ECONOMIC MOBILITY CLASSIFICATIONS, WHICH WILL BE FINALIZED IN FY25; RELEASED ADDITIONAL SCHOLARSHIPS ON THE CLASSIFICATIONS AND RELATED CONCEPTS THROUGH A WHITE PAPER SERIES THAT WILL BEGIN RELEASE IN FY24; AND REVIEWED 61 APPLICATIONS FOR THE 2024 COMMUNITY ENGAGEMENT CLASSIFICATION, WHICH WILL BE FINALIZED FOR RELEASE IN FY24. 2979190 14197860 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. 1933638 11888 POLICY ANALYSIS & RESEARCH: THE ACE RESEARCH UNIT CONDUCTS RESEARCH AND ANALYSIS THAT ADVANCE THE COUNCIL'S THOUGHT LEADERSHIP AREAS INCLUDING BUT NOT LIMITED TO: (1) EQUITY-MINDED LEADERSHIP, (2) STUDENT SUCCESS AND COMPLETION, (3) GLOBALLY ENGAGED AND EFFECTIVE INSTITUTIONS, AND (4) INSTITUTIONAL TRANSFORMATION. THE UNIT PRODUCES MAJOR REPORTS, TOPICAL RESEARCH BRIEFS, RESEARCH-INFORMED PRACTICE GUIDES, BLOGS, AND OTHER PRODUCTS THAT PROVIDE COLLEGE AND UNIVERSITY LEADERS, POLICYMAKERS, AND OTHER STAKEHOLDERS WITH KEY INSIGHTS TO INFORM POLICY AND PRACTICE. 8306580 14219638 24534414 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 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 321 0 1 163 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 39 39 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 FL NY X JANICE LAMBERT 2029399330 ONE DUPONT CIRCLE NW 800 WASHINGTON DC 200361193 LINDA A LIVINGSTONE CHAIR 1.00 X X 0 0 0 FELIX V MATOS RODRIGUEZ VICE CHAIR/CHAIR ELECT 1.00 X X 0 0 0 MICHAEL RAO IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 ROSLYN CLARK ARTIS DIRECTOR 1.00 X 0 0 0 KENYA AYERS-PALMORE DIRECTOR 1.00 X 0 0 0 LAWRENCE S BACOW DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 NEELI BENDAPUDI DIRECTOR 1.00 X 0 0 0 CARRIE BILLY DIRECTOR 1.00 X 0 0 0 L JOY GATES BLACK DIRECTOR 1.00 X 0 0 0 ANDY BRANTLEY DIRECTOR 1.00 X 0 0 0 SYLVIA M BURWELL DIRECTOR 1.00 X 0 0 0 F JAVIER CEVALLOS DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 WALTER TED CARTER JR DIRECTOR 1.00 X 0 0 0 ANA MARI CAUCE DIRECTOR 1.00 X 0 0 0 JAMES P CLEMENTS DIRECTOR 1.00 X 0 0 0 ISIAAH CRAWFORD DIRECTOR 1.00 X 0 0 0 FRANK J DOOLEY DIRECTOR 1.00 X 0 0 0 PETER M DONOHUE DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 HARRY J ELAM JR DIRECTOR 1.00 X 0 0 0 DAMIAN J FERNANDEZ DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 JOAN TA GABEL DIRECTOR 1.00 X 0 0 0 JORGE G GONZALEZ DIRECTOR 1.00 X 0 0 0 RICHARD J HELLDOBLER DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 SHIRLEY V HOOGSTRA DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 CARRIE BESNETTE HAUSER DIRECTOR 1.00 X 0 0 0 DENNIS H HOLTSCHNEIDER DIRECTOR 1.00 X 0 0 0 ANNE M KRESS DIRECTOR 1.00 X 0 0 0 KEVIN KRUGER DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 PAUL J LEBLANC DIRECTOR 1.00 X 0 0 0 GARY S MAY DIRECTOR 1.00 X 0 0 0 JAMES B MILLIKEN DIRECTOR 1.00 X 0 0 0 MARK MITSUI DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 JUAN SANCHEZ MUNOZ DIRECTOR 1.00 X 0 0 0 THUY THI NGUYEN DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 BRIAN NOLAND DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 SANTA J ONO DIRECTOR 1.00 X 0 0 0 CHRISTINA H PAXSON DIRECTOR 1.00 X 0 0 0 RICHARD J PAPPAS DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 BILL PINK DIRECTOR 1.00 X 0 0 0 SCOTT PULSIPHER DIRECTOR 1.00 X 0 0 0 MADELINE PUMARIEGA DIRECTOR 1.00 X 0 0 0 DANIEL J PHELAN DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 MARK C REED DIRECTOR 1.00 X 0 0 0 JUDY K SAKAKI DIRECTOR 1.00 X 0 0 0 NAYEF H SAMHAT DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 VALERIE SMITH DIRECTOR 1.00 X 0 0 0 MICHAEL J SORRELL DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 TOM STRITIKUS DIRECTOR 1.00 X 0 0 0 CYNTHIA TENIENTE-MATSON DIRECTOR 1.00 X 0 0 0 REYNOLD VERRET DIRECTOR 1.00 X 0 0 0 KAREN SCHUSTER WEBB DIRECTOR 1.00 X 0 0 0 MELVA K WILLIAMS DIRECTOR 1.00 X 0 0 0 CHARLES L WELCH DIRECTOR - UNTIL 09/2023 1.00 X 0 0 0 LEOCADIA I ZAK DIRECTOR 1.00 X 0 0 0 THEODORE MITCHELL PRESIDENT, EX OFFICIO 35.00 X 811411 0 34123 TERRY HARTLE SVP, DGPA - UNTIL 02/2023 35.00 X 436968 0 27150 KARA FREEMAN SVP, COO - UNTIL 05/2023 35.00 X 369126 0 38075 DERRICK ANDERSON SVP, L&E 35.00 X 316685 0 34299 MUSHTAQ GUNJA EX. DIR., CCS AND SVP 35.00 X 285775 0 38140 ZENITTA ANDERSON SVP, CAO 35.00 X 200508 0 32320 JON FANSMITH SVP, GOVERNMENT RELATIONS 35.00 X 194247 0 14124 KENNETH TROSHINSKY VP AND CFO - UNTIL 05/2023 35.00 X 160002 0 6452 JESSIE BROWN SVP, CHIEF OF STAFF 35.00 X 108771 0 9259 PETER MCDONOUGH VP, GENERAL COUNSEL 35.00 X 327812 0 34193 LOUIS SOARES CHIEF LEARNING & INNOVATION OFFICER 35.00 X 304412 0 41167 MARLON SUKAL CHIEF PEOPLE AND CULTURE OFFICER 35.00 X 243652 0 10722 JONATHAN RISKIND VP, PUBLIC AFFAIRS 35.00 X 216179 0 32597 BATHSHEBA PHILPOTT VP, ADVANCEMENT - 01/2023 35.00 X 220827 0 27312 4196375 0 379933 52 0 1 0 STEP 1 ENTERPRISES LLC PO BOX 10651 BURKE VA 22009 CONSTRUCTION CONTRACTING 775906 RSM US LLP 5155 PAYSHERE CHICAGO IL 60674 IT CONSULTING 172612 COVINGTON & BURLING 850 10TH ST NW ONE CITYCENTER WASHINGTON DC 200014956 CONSULTING 153550 BEACON HILL STAFFING GROUP LLC PO BOX 846193 BOSTON MA 022846193 STAFFING SERVICES 152174 ERNST & YOUNG LLP PO BOX 640382 PITTSBURGH PA 152640382 CONSULTING 150000 6 32486 10389671 10422157 MEMBERSHIP DUES 900099 7943079 7943079 RENTAL INCOME 900099 5295267 5295267 REVIEW AND REGISTRATION FEES 900099 4149040 4149040 FEDERAL CONTRACT REVENUE 900099 3928623 3928623 ADVERTISING 541800 130025 130025 -182745 -182745 21263289 2447801 97565 2350236 5449030 5449030 13438446 13365020 73426 73426 73426 39277 54163 -14886 -14886 GARAGE PARKING 900099 86380 86380 MISCELLANEOUS INCOME 900099 2458 2458 VENDING MACHINE SERVICE REVENUE 900099 1380 1380 90218 39731035 21118378 227590 7962910 X 63409 63409 7000 7000 3481801 3036403 445398 13061518 9140109 3388227 533182 829287 587582 209768 31937 2344835 1706850 557628 80357 1103575 809931 257517 36127 194114 80474 110260 3380 75720 75720 141000 141000 6434246 4895984 1504193 34069 69884 50004 18341 1539 153687 101815 49971 1901 1726308 747997 952939 25372 646857 202185 436188 8484 586361 558309 24770 3282 1144089 1088649 42823 12617 1331 410 904 17 2097940 671685 1414675 11580 232405 12745 219125 535 REPAIRS & MAINTENANCE 879560 253063 615868 10629 TAXES 332210 99748 228272 4190 DUES & PUBLICATIONS 178876 154417 19294 5165 OTHER EXPENSES 129169 107982 17095 4092 23288 16663 6112 513 35938470 24534414 10595088 808968 4282974 7876083 1416510 5806353 4016035 4868211 18763 15909 1201110 1163896 47335092 39032535 8138483 8302557 49044566 52567245 220063 65264 4593557 4255346 2979345 3148948 75911406 88069812 2826165 3798793 8318880 11146309 4888423 4755276 16033468 19700378 X 56827991 60135311 3049947 8234123 59877938 68369434 75911406 88069812 X 3792565 4509911 189020 X 0 1 X 1 0 X 14798188 3770470 6141600 5502448 10422157 40634863 7044955 20865287 20072627 21089310 21172541 90244720 21843143 24635757 26214227 26591758 31594698 130879583 12200 8101 6440 2950 700 30391 0 12200 8101 6440 2950 700 30391 130849192 9058188 8852084 7582315 7390521 7799266 40682374 9058188 8852084 7582315 7390521 7799266 40682374 175379 90312 91210 78602 90218 525721 31076710 33578153 33887752 34060881 39484182 172087678 0.76040 0.74290 0.23640 0.25290 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: THE PRESIDENCY PUBLICATION - ADVERTISING GARAGE PARKING OTHER REVENUE VENDING MACHINE SERVICE REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 201701 201701 35736770 35938471 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 735559 579075 322912 201701 1839247 250000 250000 250000 250000 1000000 1500000 2678042 2678042 21505214 17408644 4096570 6545957 5949513 596444 16605879 15674378 931501 8302557 RETIREE MEDICARE BEN. OBLIGATION 2046361 DEFERRED COMPENSATION LIABILITY 2318672 ASSET RETIREMENT OBLIGATION 325000 CAPITAL LEASE LIABILITY 57546 OTHER LIABILITIES 7697 4755276 X 44509129 4509911 25000 189020 4723931 39785198 -54163 -54163 39731035 36017633 25000 54163 79163 35938470 0 35938470 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, 2023 AND 2022, THERE WERE NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: POSTRETIREMENT CHANGE OTHER THAN NET PERIODIC BENEFIT COST 237,927. LOSS ON UNCOLLECTIBLE GRANTS & CONTRIBUTIONS -48,907. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -54,163. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 54,163. 1 ALABAMA STATE UNIVERSITY FOUNDATION INC PO BOX 1046 MONTGOMERY AL 36101 636067745 501(C)(3) 20000 0 FELLOWS SCHOLARSHIP UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY GARDENS UGB203 LOS ANGELES CA 90089 951642394 501(C)(3) 16809 0 EQUITY MINDED LEADERSHIP STUDY ALLAN HANCOCK JOINT COMMUNITY COLLEGE DISTRICT 800 S COLLEGE DRIVE SANTA MARIA CA 93454 521692042 N/A 10000 0 AWARD FOR INSTITUTIONAL TRANFORMATION TEXAS WOMEN'S UNIVERSITY 304 ADMINISTRATION DRIVE DENTON TX 76204 756002618 N/A 10000 0 AWARD FOR INSTITUTIONAL TRANFORMATION ASSOCIATION OF INTERNATIONAL EDUCATION ADMINISTRATORS 811 NINTH STREET SUITE 215 DURHAM NC 27705 431427422 501(C)(6) 6600 0 CONFERENCE SPONSORSHIP 4 1 PROGRAMMATIC SCHOLARSHIP 3 7000 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 ENTITLES 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 0 1 0 0 0 0 0 0 0 THEODORE MITCHELL PRESIDENT, EX OFFICIO 670000 0 0 0 141411 0 21350 0 12773 0 845534 0 0 0 TERRY HARTLE SVP, DGPA - UNTIL 02/2023 433522 0 0 0 3446 0 21350 0 5800 0 464118 0 0 0 KARA FREEMAN SVP, COO - UNTIL 05/2023 368335 0 0 0 791 0 21350 0 16725 0 407201 0 0 0 PETER MCDONOUGH VP, GENERAL COUNSEL 324346 0 0 0 3466 0 21350 0 12843 0 362005 0 0 0 DERRICK ANDERSON SVP, L&E 316369 0 0 0 316 0 18958 0 15341 0 350984 0 0 0 LOUIS SOARES CHIEF LEARNING & INNOVATION OFFICER 302980 0 0 0 1432 0 21350 0 19817 0 345579 0 0 0 MUSHTAQ GUNJA EX. DIR., CCS AND SVP 285400 0 0 0 375 0 20650 0 17490 0 323915 0 0 0 MARLON SUKAL CHIEF PEOPLE AND CULTURE OFFICER 243264 0 0 0 388 0 10290 0 432 0 254374 0 0 0 JONATHAN RISKIND VP, PUBLIC AFFAIRS 214676 0 0 0 1503 0 15441 0 17156 0 248776 0 0 0 BATHSHEBA PHILPOTT VP, ADVANCEMENT - 01/2023 220052 0 0 0 775 0 15472 0 11840 0 248139 0 0 0 ZENITTA ANDERSON SVP, CAO 199705 0 257 0 546 0 14662 0 17658 0 232828 0 0 0 JON FANSMITH SVP, GOVERNMENT RELATIONS 193800 0 0 0 447 0 12274 0 1850 0 208371 0 0 0 KENNETH TROSHINSKY VP AND CFO - UNTIL 05/2023 159370 0 0 0 632 0 1534 0 4918 0 166454 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 $141,867. 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, LINE 4B THEODORE MITCHELL PARTICIPATED IN A 457(F) PLAN AND ON HIS BEHALF, ACE CONTRIBUTED $100,000 TO THE PLAN DURING THE FISCAL YEAR ENDING SEPTEMBER 30, 2023. AMERICAN MUTUAL HEALTH INSURANCE COMPANY SEE PART V 2083063 INSURANCE PREMIUMS 0 COURSERA INC THEODORE MITCHELL IS A BOARD MEMBER OF COURSERA, INC. AND AN OFFICER AT ACE 102750 ANNUAL MEETING SPONSORSHIP AND COURSE REVIEWS 0 SCH L, PART IV, COLUMN (B) KARA FREEMAN WAS A BOARD MEMBER OF AMHIC AND AN OFFICER AT ACE THROUGH MAY 2023 AND ZENITTA ANDERSON IS CURRENTLY A BOARD MEMBER OF AMHIC AND AN OFFICER AT ACE 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 4 UPDATES TO ACE'S BYLAWS WERE APPROVED BY THE BOARD OF DIRECTORS IN FEBRUARY 2023. THE UPDATES INCLUDED CLARIFICATION OF TWO NATIONAL ASSOCIATION MEMBERS ON THE BOARD OF DIRECTORS AND THE VOTING TERM OF THE WASHINGTON HIGHER EDUCATION SECRETARIAT REPRESENTATIVE. BOARD MEMBER TERMS CHANGED FROM SPRING TO FALL CYCLE (COINCIDENT WITH FALL BOARD MEETING), AND CERTAIN WORDING WAS CLARIFIED. 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. FORM 990, PART VI, SECTION A, LINE 7A A MAJORITY OF THE BOARD OF DIRECTORS IS 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 "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. THE COMPENSATION COMMITTEE IS ATTENTIVE TO THE POLICIES RELATED TO THE COUNCIL'S COMPENSATION STRUCTURE FOR DISQUALIFIED PERSONS 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 THE ANNUAL REPORT 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 2,105,384. MANAGEMENT AND GENERAL EXPENSES 1,238,812. FUNDRAISING EXPENSES 28,058. TOTAL EXPENSES 3,372,254. SUB-AWARDS: PROGRAM SERVICE EXPENSES 2,314,582. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,314,582. CONTRACTED PERSONNEL: PROGRAM SERVICE EXPENSES 60,167. MANAGEMENT AND GENERAL EXPENSES 35,403. FUNDRAISING EXPENSES 802. TOTAL EXPENSES 96,372. RECRUITMENT: PROGRAM SERVICE EXPENSES 93,422. MANAGEMENT AND GENERAL EXPENSES 54,970. FUNDRAISING EXPENSES 1,245. TOTAL EXPENSES 149,637. HONORARIUM: PROGRAM SERVICE EXPENSES 162,095. MANAGEMENT AND GENERAL EXPENSES 95,377. FUNDRAISING EXPENSES 2,160. TOTAL EXPENSES 259,632. SPEAKER FEES: PROGRAM SERVICE EXPENSES 25,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,000. BUSINESS SERVICE FEES: PROGRAM SERVICE EXPENSES 25,260. MANAGEMENT AND GENERAL EXPENSES 14,863. FUNDRAISING EXPENSES 337. TOTAL EXPENSES 40,460. BANK AND CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 108,075. MANAGEMENT AND GENERAL EXPENSES 63,592. FUNDRAISING EXPENSES 1,440. TOTAL EXPENSES 173,107. OTHER SERVICE FEES: PROGRAM SERVICE EXPENSES 1,999. MANAGEMENT AND GENERAL EXPENSES 1,176. FUNDRAISING EXPENSES 27. TOTAL EXPENSES 3,202. FORM 990, PART XI, LINE 9: POSTRETIREMENT CHANGE OTHER THAN NET PERIODIC BENEFIT COST 237,927. LOSS ON UNCOLLECTIBLE GRANTS -48,907. GED TESTING SERVICE LLC 5601 GREEN VAL DRIVE BLOOMINGTON MN 55437 275436001 TESTING PROGRAM DE RELATED 0 -338212 1255346 0 0 0.30000