2023-05-02T10:49:10-05:00 2022-06-30 420714325 RSM US LLP 1001 WATER ST STE 500 TAMPA FL 33602 990 2021-07-01 521221301 COUNCIL FOR OPPORTUNITY IN EDUCATION COUN 2023477430 1025 VERMONT AVENUE NW 400 WASHINGTON DC 200053516 MAUREEN HOYLER PRESIDENT 2023477430 2023-05-01 1 MAUREEN HOYLER XXX-XX-XXXX KRISTEN BARNETT P01234578 8133162300 2023-05-01 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MAUREEN HOYLER 1025 VERMONT AVENUE NW 400 WASHINGTON DC 200053516 9579484 0 X WWW.COENET.ORG X 1980 DC TO FURTHER THE EXPANSION OF COLLEGE ACCESS AND SUCCESS SERVICES THROUGHOUT THE UNITED STATES. 39 39 30 35 13200 0 5331861 5685737 4054091 3789019 33587 38915 67041 65813 9486580 9579484 139998 44645 0 0 3736406 4478308 0 0 439384 3474756 5960294 7351160 10483247 2135420 -903763 5960944 5676697 5522667 6289403 438277 -612706 X TO FURTHER THE EXPANSION OF COLLEGE ACCESS AND SUCCESS SERVICES THROUGHOUT THE UNITED STATES. 0 0 1717892 69575 PROGRAM AND PROFESSIONAL DEVELOPMENT:PROFESSIONAL DEVELOPMENT PERSONNEL WORKING WITH COLLEGE ACCESS AND SUCCESS PRACTITIONERS AND INSTITUTIONS TO LEARN OR ENHANCE STRATEGIES IN WORKING WITH LOW-INCOME AND FIRST-GENERATION COMMUNITIES. 1563412 23645 INFORMATION DISSEMINATION:DISTRIBUTING INFORMATION TO MEMBERS ON ISSUES RELEVANT TO LOW INCOME AND FIRST-GENERATION STUDENTS INVOLVED IN POST SECONDARY EDUCATION. 1541614 3623794 CONFERENCE AND SEMINARS:CONDUCT ANNUAL CONFERENCE AND SEMINARS TO DISSEMINATE INFORMATION AND EDUCATE MEMBERS AND ATTENDEES ON EDUCATIONAL OPPORTUNITY PROGRAMS. 1437712 GRANTS:PROFESSIONAL DEVELOPMENT PERSONNEL WORKING WITH COLLEGE ACCESS AND SUCCESS PRACTITIONERS AND INSTITUTIONS TO CREATE SUCCESSFUL PROGRAMS TO HAVE LOW-INCOME, FIRST-GENERATION STUDENTS SUCCEED IN HIGHER EDUCATION. 813251 21000 GOVERNMENT RELATIONS:GATHERING AND SUMMARIZING CURRENT AND PROPOSED LEGISLATION RELEVANT TO MEMBER INTEREST. 2250963 21000 7073881 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 147 0 1 30 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 39 39 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 DC X MAUREEN HOYLER 2023477430 1025 VERMONT AVENUE NW 400 WASHINGTON DC 200053516 CHRIS GEORGE BOARD CHAIR 1.00 X X 0 0 0 JOE GIVENS BOARD CHAIR-ELECT 1.00 X X 0 0 0 SARI BYERLY PAST BOARD CHAIR UNTIL 9/2021 1.00 X X 0 0 0 LEO CONWAY TREASURER 1.00 X X 0 0 0 THERESA RADER SECRETARY 1.00 X X 0 0 0 DIANA TAPIA-WRIGHT SECRETARY UNTIL 9/2021 1.00 X X 0 0 0 YURI JOB AEEE MEMBER 1.00 X 0 0 0 BARBARA THOMPSON AEEE MEMBER 1.00 X 0 0 0 JACKASHA WILEY AEEE MEMBER 1.00 X 0 0 0 ALLYSON GARCIA ASPIRE MEMBER 1.00 X 0 0 0 W BARNEY NYE ASPIRE MEMBER 1.00 X 0 0 0 CYNTHIA AYALA-COOPER ASPIRE MEMBER 1.00 X 0 0 0 RACHEL LUND ASPIRE MEMBER 1.00 X 0 0 0 FABIOLA FALTO CAEOP MEMBER 1.00 X 0 0 0 MARA LUNA CAEOP MEMBER 1.00 X 0 0 0 JAIME IVAN LOPEZ-RIVERA CAEOP MEMBER 1.00 X 0 0 0 RONNELL DUBOSE EOA MEMBER 1.00 X 0 0 0 RABEKAH D STEWART EOA MEMBER 1.00 X 0 0 0 AARON CORTES EOA MEMBER 1.00 X 0 0 0 CINDY VIRTA EOA MEMBER 1.00 X 0 0 0 JOHN KULA MEAEOPP MEMBER 1.00 X 0 0 0 NICHOLAS BEDWAY MEAEOPP MEMBER 1.00 X 0 0 0 ANGIE HOLLEY MEAEOPP MEMBER 1.00 X 0 0 0 GEOF GARNER NAEOP MEMBER 1.00 X 0 0 0 VICTORIA SMITH NAEOP MEMBER 1.00 X 0 0 0 SHARILY BROWN NAEOP MEMBER 1.00 X 0 0 0 BRIAN POST NEOA MEMBER 1.00 X 0 0 0 ROBERT POTE NEOA MEMBER 1.00 X 0 0 0 DEBORA MCCANN NEOA MEMBER 1.00 X 0 0 0 RICK WILLIAMS NEOA MEMBER 1.00 X 0 0 0 SHERONTAE MAXWELL SAEOPP MEMBER 1.00 X 0 0 0 RAYMOND CABRERA SAEOPP MEMBER 1.00 X 0 0 0 TOM ROWLAND SAEOPP MEMBER 1.00 X 0 0 0 RONDA MCLELLAND SWASAP MEMBER 1.00 X 0 0 0 DARICA N SIMON SWASAP MEMBER 1.00 X 0 0 0 CAROL GILLEY SWASAP MEMBER 1.00 X 0 0 0 MARY MEEKS SWASAP MEMBER 1.00 X 0 0 0 KIMBERLY WILLIAMS WESTOP MEMBER 1.00 X 0 0 0 ARMANDO BUSTOS JR WESTOP MEMBER 1.00 X 0 0 0 JESUS MALDONADO WESTOP MEMBER 1.00 X 0 0 0 BEN REYNOSO WESTOP MEMBER 1.00 X 0 0 0 MAUREEN HOYLER PRESIDENT 40.00 X 480588 0 80182 GREGORY MOLDENHAUER VICE PRESIDENT OF BUSINESS & FINANCE 40.00 X 153483 0 22307 KIMBERLY JONES EXECUTIVE VICE PRESIDENT 40.00 X 281211 0 26335 ALVIN PHILLIPS SENIOR VICE PRESIDENT 40.00 X 243281 0 15484 JENNIFER WIDER VP, ADVANCEMENT & CDO 40.00 X 160963 0 12528 JOHN HERNANDEZ ASSOC. VP, TECHNOLOGY 40.00 X 175701 0 41091 ANGELICA VIALPANDO SVP, PROGRAM & PROF. DEVEL 40.00 X 155545 0 32965 1650772 0 230892 13 0 1 0 ARNOLD MITCHEM 3901 WOODLAWN ROAD CHEVY CHASE MD 20815 CONSULTING SERVICES 150000 THOMPSON COBURN LLP PO BOX 18379M ST LOUIS MO 63195 LEGAL SERVICES 118275 JOHN PATRICK HERNANDEZ 5592 NEWBERRY COURT DALE CITY VA 22193 COMPUTER CONSULTING SERVICES 111920 3 4053329 728213 904195 5685737 ANNUAL CONFERENCE 900099 2678179 2582529 5200 90450 SEMINARS 900099 1041265 1041265 PUBLICATIONS 900099 69575 69575 3789019 38915 38915 OTHER INCOME 900099 57813 57813 JOBLINE ANNOUNCEMENT 541800 8000 8000 65813 9579484 3693369 13200 187178 X 44645 44645 791875 497404 238007 56464 2911975 1843004 851119 217852 70414 42990 23315 4109 431094 257822 152065 21207 272950 172752 79778 20420 50663 50663 23970 23970 1872633 1468867 379128 24638 398937 299648 91700 7589 48993 48993 1135868 772982 305600 57286 875863 713403 159383 3077 655989 407613 247856 520 167631 167631 232066 139239 74262 18565 PROGRAM PARTNERSHIP COS 265652 265652 OTHER EXPENSES 134260 69213 58977 6070 DUES & SUBSCRIPTIONS 116947 97825 17535 1587 RECOVERY OF BAD DEBT -19178 -19178 10483247 7073881 2969982 439384 2254226 1896540 51781 126108 86978 144739 70456 30987 127150 171393 1494822 518775 1079413 976047 1719782 1792581 571158 538302 5960944 5676697 698953 880250 3363138 3972218 1460576 1436935 5522667 6289403 X 50022 -760341 388255 147635 438277 -612706 5960944 5676697 -903763 -147220 0 X X 0 1 X 1 0 X 4466587 5157488 5056622 5331861 5685737 25698295 4466587 5157488 5056622 5331861 5685737 25698295 170634 25527661 119518 31697 33460 33587 38915 257177 480 80 560 19512 12289 22245 66241 57813 178100 26134132 16475059 0.97680 0.97510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2017 AMOUNT: $ 19,512. 2018 AMOUNT: $ 12,289. 2019 AMOUNT: $ 22,245. 2020 AMOUNT: $ 66,241. 2021 AMOUNT: $ 57,813. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 107099 107099 10352178 10459277 672964 168241 0 0 512054 520882 517558 672964 2223458 3335187 64799 40886 92403 107099 305187 128014 130221 129390 168241 555866 833799 172058 22200 -9681 184577 124640 30000 17418 172058 15150 110500 -1010 124640 15147 3 15150 15144 3 15147 0.92030 0.07350 0.00620 0 0 868628 72161 796467 626194 446614 179580 976047 CASH SURRENDER VALUE OF LIFE INSURANCE POLICY 366869 DEPOSITS 171433 538302 DEFERRED RENT 1204936 DEFERRED COMPENSATION 231999 1436935 X 9408294 -147220 -147220 9555514 23970 23970 9579484 10459277 0 10459277 23970 23970 10483247 PART V, LINE 4: THE SUSAN DORSEY ENDOWMENT SCHOLARSHIP FUND WAS ESTABLISHED IN SEPTEMBER, 1994. ALL CONTRIBUTIONS TO THIS FUND ARE TO BE INVESTED AND THE INVESTMENT INCOME FROM THIS FUND IS TO BE SPENT FOR SCHOLARSHIPS. THE MARION L. COSGROVE FUND FOR STUDENT SERVICES WAS ESTABLISHED IN SEPTEMBER 2019. THE FUND'S VALUE WILL BE MAINTAINED BY INDEXING THE FUND TO THE CONSUMER PRICE INDEX AND ANY ADDITIONAL EARNINGS WILL BE APPLIED TO THE PROGRAMS THAT THE COUNCIL OFFERS TO STUDENTS. ARNOLD L. MITCHEM AND MAUREEN HOYLER FUND FOR GENERAL SUPPORT (ESTABLISHED ON AUGUST 2019): ALL EARNINGS FROM INTEREST AND DIVIDENDS WILL REMAIN IN THE ENDOWMENT AND ONLY REMOVED IN CASE OF FINANCIAL EMERGENCY OR THE NEED TO INVEST IN NEW INITIATIVES WITH THE APPROVAL OF THE PRESIDENT, TREASURER AND CHAIR OF THE BUDGET AND FINANCE COMMITTEE. PART X, LINE 2: THE COUNCIL IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, THE COUNCIL IS SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME, AS DEFINED BY THE INTERNAL REVENUE SERVICE (IRS). THE COUNCIL HAD NO UNRELATED BUSINESS INCOME DURING THE YEARS ENDED JUNE 30, 2022 AND 2021. MANAGEMENT EVALUATED THE COUNCIL'S TAX POSITIONS AND CONCLUDED THAT THE COUNCIL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. 1 WOLANIN INTERNSHIP PROGRAM 1 21000 KEITH SHERIN STUDY ABROAD PROGRAM 15 23645 PART I, LINE 2: COE CONTACTED THE SELECTED REGIONAL ASSOCIATIONS AND INFORM THEM OF THE OPPORTUNITY TO RECEIVE A FUND. THEY WERE INFORMED OF THE SPECIFIC PROTOCOLS THAT NEEDS TO BE FOLLOWED FOR THE USE OF FUNDS. APPLICANTS MUST BE FIRST-GENERATION STUDENTS WHO HAVE RECENTLY COMPLETED THEIR BACCALAUREATE DEGREE. MUST HAVE PARTICIPATED IN ONE OF THE FEDERAL TRIO PROGRAMS AT EITHER THE PRE-COLLEGIATE OR UNDERGRADUATE LEVEL. A KEEN INTEREST IN PUBLIC POLICY AND THE DESIRE TO WORK TOWARDS EXPANDED COLLEGE OPPORTUNITY. EACH CANDIDATE FOR THE WOLANIN INTERNSHIP MUST BE NOMINATED BY A CURRENT OR FORMER STAFF MEMBER OF A TRIO PROGRAM. APPLICANTS MUST BE FROM INSTITUTIONAL MEMBERS OF COE. MUST BE IN GOOD ACADEMIC AND SOCIAL STANDING AT THEIR INSTITUTION. MUST BE PARTICIPANTS IN TRIO PROGRAMS (SSS OR MCNAIR). MUST BE NOMINATED BY THEIR TRIO DIRECTOR. MUST HAVE AT LEAST SOPHOMORE STANDING. MUST HAVE DEMONSTRATED LEADERSHIP POTENTIAL. MUST SUBMIT AN UNOFFICIAL TRANSCRIPT AND ESSAY. PREFERENCE GIVEN TO APPLICANTS WITH NO OVERSEAS TRAVEL OR STUDY EXPERIENCE. X X X 0 1 0 0 0 0 0 1 0 MAUREEN HOYLER PRESIDENT 437250 0 20000 0 23338 0 64500 0 20109 0 565197 0 0 0 KIMBERLY JONES EXECUTIVE VICE PRESIDENT 274500 0 0 0 6711 0 13638 0 17381 0 312230 0 0 0 ALVIN PHILLIPS SENIOR VICE PRESIDENT 240500 0 0 0 2781 0 12100 0 10716 0 266097 0 0 0 JOHN HERNANDEZ ASSOC. VP, TECHNOLOGY 173000 0 0 0 2701 0 8713 0 36652 0 221066 0 0 0 ANGELICA VIALPANDO SVP, PROGRAM & PROF. DEVEL 155250 0 0 0 295 0 7688 0 27086 0 190319 0 0 0 GREGORY MOLDENHAUER VICE PRESIDENT OF BUSINESS & FINANCE 151200 0 0 0 2283 0 7575 0 19637 0 180695 0 0 0 JENNIFER WIDER VP, ADVANCEMENT & CDO 160383 0 0 0 580 0 2958 0 13420 0 177341 0 0 0 PART I, LINE 4B THE COUNCIL MAINTAINED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN ORDER TO PROVIDE SUPPLEMENTAL RETIREMENT BENEFITS TO THE COUNCIL'S PRESIDENT UPON RETIREMENT, INVOLUNTARY SEPARATION FROM SERVICE, OR IN THE EVENT OF DISABILITY OR DEATH. THE PLAN WAS INTENDED TO QUALIFY FOR TREATMENT AS AN UNFUNDED PLAN OF DEFERRED COMPENSATION. MAUREEN HOYLER PARTICIPATED IN THE SERP PLAN WITH AN ACCRUAL OF $42,500 FOR THE CALENDAR YEAR ENDED 12/31/2021. PART I, LINE 7 BONUS LISTED IN SCHEDULE J, PART II WERE PERFORMANCE BASED. FORM 990, PART VI, SECTION A, LINE 6 COUNCIL FOR OPPORTUNITY IN EDUCATION HAVE TWO CATEGORIES OF MEMBERS: MEMBER ASSOCIATIONS AND INSTITUTIONAL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBER ASSOCIATIONS ELECT MEMBERS TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B REPRESENTATIVES OF THE MEMBER ORGANIZATIONS SERVE ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 WAS PROVIDED TO THE FINANCE COMMITTEE CHAIR AND THE TREASURER FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IF AN INDIVIDUAL HAS A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST IN CONNECTION WITH ANY COE TRANSACTION OR MATTER, HE OR SHE MUST IMMEDIATELY NOTIFY THE PRESIDENT, OR THE VICE PRESIDENT OF BUSINESS & FINANCE, AND DISCLOSE ALL THE MATERIAL FACTS CONCERNING THE ACTUAL OR POTENTIAL CONFLICT OF INTEREST AND HIS OR HER RELATIONSHIP TO THE TRANSACTION OR MATTER AT ISSUE. IF THE CONFLICT OF INTEREST ARISES IN CONNECTION WITH THE ACTIVITIES OF ANY DELIBERATIVE BODY (E.G., THE BOARD OF DIRECTORS), THE INDIVIDUAL WITH THE CONFLICT MUST IMMEDIATELY DISCLOSE THE CONFLICT TO THE OTHER MEMBERS OF THE BODY AND THE DISCLOSING INDIVIDUAL MUST NOT PARTICIPATE IN THE DELIBERATION, CONSIDERATION, OR VOTE ON THE TRANSACTION OR MATTER AT ISSUE. A NOTATION MUST BE MADE IN THE MINUTES OF ANY MEETING AT WHICH DELIBERATION, CONSIDERATION, OR VOTE ON THE TRANSACTION OR MATTER AT ISSUE IS UNDERTAKEN INDICATING THAT THE INDIVIDUAL WITH A CONFLICT OR POTENTIAL CONFLICT OF INTEREST WAS EXCUSED FROM THE MEETING DURING THE TIME THAT CONSIDERATION OF THE TRANSACTION OR MATTER WAS UNDERTAKEN, TOOK NO PART IN ANY DISCUSSION PERTAINING TO THE TRANSACTION OR MATTER, AND REFRAINED FROM VOTING ON THE TRANSACTION OR MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND RECOMMENDS COMPENSATION AMOUNTS FOR THE COUNCIL AND TOP MANAGEMENT OFFICIALS BASED ON PERFORMANCE EVALUATIONS AND COMPARABILITY DATA (I.E., SALARY SURVEYS). THE DELIBERATIONS AND DECISIONS OF THE PERSONNEL COMMITTEE ARE DOCUMENTED AND PRESENTED TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,010,756. MANAGEMENT AND GENERAL EXPENSES 263,272. FUNDRAISING EXPENSES 24,638. TOTAL EXPENSES 1,298,666. CONSULTANTS: PROGRAM SERVICE EXPENSES 298,138. MANAGEMENT AND GENERAL EXPENSES 1,277. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 299,415. CONTRACTUAL COSTS: PROGRAM SERVICE EXPENSES 113,315. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 113,315. TEMPORARY PERSONNEL: PROGRAM SERVICE EXPENSES 46,658. MANAGEMENT AND GENERAL EXPENSES 114,579. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 161,237. FORM 990, PART XII, LINE 2C: THE PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.