2023-05-15T15:12:39-05:00 2022-06-30 420714325 RSM US LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2021-07-01 520239291 TAX EXECUTIVES INSTITUTE INC TAXE 2026385601 1200 G ST NW 300 WASHINGTON DC 20005 ALICIA P MATA EXECUTIVE DIRECTOR 2026385601 2023-05-15 1 ALICIA MATA XXX-XX-XXXX FREDERICK LONGWOOD P00439715 7033366400 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ALICIA P MATA 1200 G ST NW 300 WASHINGTON DC 20005 9035582 0 X WWW.TEI.ORG X 1944 NY TO ENHANCE AND IMPROVE THE TAX SYSTEM AND TO SERVE ITS MEMBERS. 73 73 19 372 228190 0 0 283569 5587400 6778307 188660 142014 548163 508970 6324223 7712860 164367 195940 0 0 2531810 2437860 0 0 0 2751567 4218516 5447744 6852316 876479 860544 12071581 12386373 3431434 3451577 8640147 8934796 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 CONTINUING EDUCATION - TAX EXECUTIVES INSTITUTE (TEI OR THE INSTITUTE) OPERATES NUMEROUS EDUCATION PROGRAMS THROUGHOUT THE YEAR; THESE 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 AUDIT DEVELOPMENTS, AND OTHER ISSUES AFFECTING THE CORPORATE TAX COMMUNITY. ALSO AVAILABLE TO MEMBERS IS A SOPHISTICATED BUT USER-FRIENDLY ELECTRONIC COMMUNICATIONS SYSTEM, FEATURING SPECIALIZED AND PRIVATE ONLINE BOARDS. COMMITTEE AND LIAISON - 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 FILES AMICUS BRIEFS IN SUPPORT OF TEI MEMBERS' INTERESTS IN TAXES BEING IMPOSED FAIRLY AND EQUITABLY AND IN TERMS OF THE US CONSTITUTION. MEMBERSHIP SERVICES AND DEVELOPMENT - TAX EXECUTIVES INSTITUTE IS THE PREEMINENT ASSOCIATION OF IN-HOUSE TAX PROFESSIONALS WORLDWIDE. OUR APPROXIMATELY 6,000 MEMBERS REPRESENT MORE THAN 2,900 OF THE LEADING CORPORATIONS IN NORTH AND SOUTH AMERICA, EUROPE, AND ASIA. THROUGH TEI AND ITS 57 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. THEY ALSO HAVE ACCESS TO TEI'S WEBSITE AT WWW.TEI.ORG, FOR NETWORKING AND EDUCATION 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. 0 1 0 1 0 0 0 0 0 1 0 0 0 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 0 0 1 X 1 0 1 19 1 1 1 1 CA NL CH HK 0 0 1 1 0 0 0 X 73 73 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X ANASTASIA KEMPER 2026385601 1200 G ST NW 300 WASHINGTON DC 20005 MITCH TRAGER PRESIDENT 3.00 1.00 X X 0 0 0 WAYNE MONFRIES SENIOR VICE PRESIDENT 3.00 1.00 X X 0 0 0 SANDHYA EDUPUGANTY SECRETARY 3.00 1.00 X X 0 0 0 JOSIE SCALIA TREASURER 3.00 1.00 X X 0 0 0 DAVID CARD VP - REGION I 2.00 0.00 X 0 0 0 THOMAS FEZZA VP - REGION II 2.00 0.00 X 0 0 0 TIMOTHY WIGON VP - REGION III 2.00 0.00 X 0 0 0 BRIAN KAUFMAN VP - REGION IV 2.00 0.00 X 0 0 0 CHRISTOPHER TRESSLER VP - REGION V 2.00 0.00 X 0 0 0 CATHLEEN STEVENS VP - REGION VI 2.00 0.00 X 0 0 0 STEVEN CRALL VP - REGION VII 2.00 0.00 X 0 0 0 LYNN JORDAN VP - REGION VIII 2.00 0.00 X 0 0 0 STEPHEN DUNPHY VP - REGION IX 2.00 0.00 X 0 0 0 BLAKE UDALL VP - REGION X 2.00 0.00 X 0 0 0 NICK HASENOEHRL VP - REGION X 2.00 0.00 X 0 0 0 SOL COFFINO PAST INTERNATIONAL PRESIDENT 1.00 0.00 X 0 0 0 ROBERT HOWREN PAST INTERNATIONAL PRESIDENT 1.00 0.00 X 0 0 0 JAMES KENNEDY PAST INTERNATIONAL PRESIDENT 1.00 0.00 X 0 0 0 PAUL O'CONNOR PAST INTERNATIONAL PRESIDENT 1.00 0.00 X 0 0 0 MARK SILBIGER PAST INTERNATIONAL PRESIDENT 1.00 0.00 X 0 0 0 JIM SILVESTRI PAST INTERNATIONAL PRESIDENT 1.00 0.00 X 0 0 0 KATRINA WELCH PAST INTERNATIONAL PRESIDENT 1.00 0.00 X 0 0 0 TERILEA WIELENGA PAST INTERNATIONAL PRESIDENT 1.00 0.00 X 0 0 0 KRISTY WEST ALASKA CHAPTER REP 1.00 0.00 X 0 0 0 THERESA CONNER ARIZONA CHAPTER REP 1.00 0.00 X 0 0 0 EUGENE GAY ASIA CHAPTER REP 1.00 0.00 X 0 0 0 JOSHUA TOLLEY ATLANTA CHAPTER REP 1.00 0.00 X 0 0 0 JULIO DUARTE BALTIMORE WASHINGTON CHAPTER REP 1.00 0.00 X 0 0 0 JAMES RIZZO BUFFALO-NIAGRA CHAPTER REP 1.00 0.00 X 0 0 0 CORY BLAIR CALGARY CHAPTER REP 1.00 0.00 X 0 0 0 HUNTER LANE CAROLINAS CHAPTER REP 1.00 0.00 X 0 0 0 LAWRENCE POCIASK CHICAGO CHAPTER REP 1.00 0.00 X 0 0 0 SCOTT TINCHER CLEVELAND CHAPTER REP 1.00 0.00 X 0 0 0 CHRISTINA WILSON CONNECTICUT VALLEY CHAPTER REP 1.00 0.00 X 0 0 0 SUSAN BAUER DALLAS CHAPTER REP 1.00 0.00 X 0 0 0 RON WILLIS DENVER CHAPTER REP 1.00 0.00 X 0 0 0 EVA SANCHEZ EMEA CHAPTER REP 1.00 0.00 X 0 0 0 BRADLEY PEES FLORIDA CHAPTER REP 1.00 0.00 X 0 0 0 MARK LINIADO FORT WORTH CHAPTER REP 1.00 0.00 X 0 0 0 KAREN GUNDRUM HARRISBURG CHAPTER REP 1.00 0.00 X 0 0 0 EDWARD LILL HAWAII CHAPTER REP 1.00 0.00 X 0 0 0 PAUL BROMAN HOUSTON CHAPTER REP 1.00 0.00 X 0 0 0 ALFED GUERRA INDIANA CHAPTER REP 1.00 0.00 X 0 0 0 RICHARD WIREMAN IOWA CHAPTER REP 1.00 0.00 X 0 0 0 ERIC BENTON KANSAS CITY CHAPTER EP 1.00 0.00 X 0 0 0 DANIEL FELD KENTUCKY CHAPTER REP 1.00 0.00 X 0 0 0 LIONEL NOBRE LATIN AMERICA CHAPTER REP 1.00 0.00 X 0 0 0 LINDA KIM LOS ANGELES CHAPTER REP 1.00 0.00 X 0 0 0 CHARLES FITZER MINNESOTA CHAPTER REP 1.00 0.00 X 0 0 0 JOHANNE BROUILLARD MONTREAL CHAPTER REP 1.00 0.00 X 0 0 0 JASON JENSEN NASHVILLE CHAPTER REP 1.00 0.00 X 0 0 0 KEVIN MEEHAN NEBRASKA CHAPTER REP 1.00 0.00 X 0 0 0 SPENCER KARR NEVADA CHAPTER REP 1.00 0.00 X 0 0 0 MARYANNE KNOTT NEW ENGLAND CHAPTER REP 1.00 0.00 X 0 0 0 RAYMOND SALORT NEW JERSEY CHAPTER REP 1.00 0.00 X 0 0 0 PAUL HELLER NEW YORK CHAPTER REP 1.00 0.00 X 0 0 0 DARRELEE KINAS NORTHEAST WISCONSIN CHAPTER REP 1.00 0.00 X 0 0 0 KEVIN MANES ORANGE COUNTY CHAPTER REP 1.00 0.00 X 0 0 0 THOMAS SLOWEY PITTSBURGH CHAPTER REP 1.00 0.00 X 0 0 0 ELLEN MCMILLAN PORTLAND CHAPTER REP 1.00 0.00 X 0 0 0 GARY STEINBERG ROCHESTER CHAPTER REP 1.00 0.00 X 0 0 0 TYLER LOVELAND SALT LAKE CITY CHAPTER REP 1.00 0.00 X 0 0 0 SON LE SAN DIEGO CHAPTER REP 1.00 0.00 X 0 0 0 ANA MENDEZ DARBY SAN FRANCISCO CHAPTER REP 1.00 0.00 X 0 0 0 JENNIFER BOWERS SEATTLE CHAPTER REP 1.00 0.00 X 0 0 0 JAY LALL SILICON VALLEY CHAPTER REP 1.00 0.00 X 0 0 0 PAUL MAGRATH TORONTO CHAPTER REP 1.00 0.00 X 0 0 0 ERNEST GATES TULSA CHAPTER REP 1.00 0.00 X 0 0 0 FRASER REID VANCOUVER CHAPTER REP 1.00 0.00 X 0 0 0 VERNON TURNER VIRGINIA CHAPTER REP 1.00 0.00 X 0 0 0 PETER DE NICOLA WESTCHESTER-FAIRFIELD CHAPTER REP 1.00 0.00 X 0 0 0 JASON GRIFFEN WESTERN MICHIGAN CHAPTER REP 1.00 0.00 X 0 0 0 ROGER ZIENTEK WISCONSIN CHAPTER REP 1.00 0.00 X 0 0 0 ALICIA P MATA EXECUTIVE DIRECTOR 40.00 0.00 X 296358 0 2945 W PATRICK EVANS CHIEF TAX COUNSEL 40.00 0.00 X 264453 0 31354 WATSON M MCLEISH TAX COUNSEL 40.00 0.00 X 198713 0 2845 BENJAMIN R SHRECK TAX COUNSEL 40.00 0.00 X 242633 0 23605 MICHAEL T DOWDY DIRECTOR OF IT AND WEB SER 40.00 0.00 X 146747 0 4111 LISA R SAMUELS DIRECTOR OF MARKETING AND 40.00 0.00 X 131969 0 12711 DEBORAH C GIESEY DIRECTOR OF ADMINISTRATION 40.00 0.00 X 157572 0 13818 1438445 0 91389 7 0 1 0 0 X 283569 283569 SPONSORSHIP 541800 2337150 2337150 MEMBERSHIP DUES 900099 1513451 1513451 CHAPTERS AND REGIONS 900099 1418485 1418485 CONTINUING EDUCATION 900099 1248032 1248032 PUBLICATION INCOME 541800 261189 32999 228190 6778307 186455 186455 486275 486275 18000 0 18000 18000 18000 1278281 1322722 -44441 -44441 -44441 MISCELLANEOUS 900099 4695 4695 4695 7712860 4212967 228190 2988134 195940 597870 1536414 48686 111217 143673 2605 33171 85396 5805 107739 268391 6887 495377 16824 1034982 77211 51048 CHAPTER AND REGION DISB 1376291 PUBLICATIONS 322239 MISCELLANEOUS 95999 CHAPTER AND REGION REBA 74851 163700 6852316 976070 1711349 4191480 4498268 82037 26050 168656 151731 1649918 1366102 349064 283816 6304274 5715159 12071581 12386373 314435 419031 2063832 2053620 1053167 978926 3431434 3451577 X 8640147 8934796 8640147 8934796 12071581 12386373 860544 -705251 139356 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1513451 23933 23933 0 23933 712974 437298 275676 936944 928804 8140 283816 DEFERRED RENT 973226 SECURITY DEPOSIT 5700 978926 5555420 -705251 -705251 6260671 33171 1419018 1452189 7712860 5249414 0 5249414 33171 1569731 1602902 6852316 PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST RECEIVED BY CHAPTERS 533. INCOME EARNED BY CHAPTERS AND REGIONS 1,418,485. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES INCURRED BY CHAPTERS AND REGIONS 1,376,291. SCHOLARSHIP EXPENSES INCURRED BY CHAPTERS AND REGIONS 193,440. EAST ASIA AND THE PACIFIC 0 0 HISTORIC INVESTMENTS IN FOREIGN CORPORATIONS THAT WERE INACTIVE AND BEING DISSOLVED 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 PART III ACCOUNTING METHOD: X X 1 1 X X X 0 0 0 ALICIA P MATA EXECUTIVE DIRECTOR 295475 0 0 0 883 0 0 0 4325 0 300683 0 0 0 W PATRICK EVANS CHIEF TAX COUNSEL 263570 0 0 0 883 0 0 0 32734 0 297187 0 0 0 BENJAMIN R SHRECK TAX COUNSEL 242057 0 0 0 576 0 0 0 24905 0 267538 0 0 0 WATSON M MCLEISH TAX COUNSEL 198384 0 0 0 329 0 0 0 4145 0 202858 0 0 0 DEBORAH C GIESEY DIRECTOR OF ADMINISTRATION 154565 0 0 0 3007 0 0 0 14852 0 172424 0 0 0 MICHAEL T DOWDY DIRECTOR OF IT AND WEB SER 145617 0 0 0 1130 0 0 0 5069 0 151816 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 OCCASIONALLY TRAVELS VIA FIRST-CLASS. AMOUNTS RELATED TO THIS ARE NOT INCLUDED IN TAXABLE COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP SECTION 1. MEMBERSHIP SHALL BE OPEN TO PERSONS NOT ENGAGED IN PUBLIC TAX PRACTICE WHO ARE EMPLOYED BY CORPORATIONS AND OTHER BUSINESSES IN AN EXECUTIVE, ADMINISTRATIVE, OR MANAGERIAL CAPACITY AND WHO MEET THE FOLLOWING QUALIFICATIONS: (1)IN AN ORGANIZATION HAVING AN INTEGRATED SEPARATE TAX DEPARTMENT, THE HEAD OF THAT DEPARTMENT AND ANY OTHER PERSONS THE DEPARTMENT HEAD SHALL DESIGNATE, PROVIDING THEIR WORK CONSISTS PRINCIPALLY OF ADMINISTERING TAXES ON AN EXECUTIVE OR MANAGEMENT LEVEL. (2)IN AN ORGANIZATION HAVING A NONINTEGRATED TAX DEPARTMENT WHERE THE TAX FUNCTION MAY BE DIVIDED BETWEEN THE LEGAL, ACCOUNTING, OR OTHER DEPARTMENTS, THOSE PERSONS WHO DEVOTE THEIR PRINCIPAL TIME TO THE TAX FUNCTIONS OR WHOSE PRINCIPAL RESPONSIBILITIES ARE THE HANDLING OF THE TAX FUNCTIONS IN THEIR RESPECTIVE DEPARTMENTS AT AN EXECUTIVE, ADMINISTRATIVE OR MANAGEMENT LEVEL, AND ANY OTHERS WHOM SUCH PERSONS SHALL DESIGNATE, PROVIDING THEIR WORK CONSISTS PRINCIPALLY OF ADMINISTERING TAXES ON AN EXECUTIVE OR MANAGEMENT LEVEL. (3)IN AN ORGANIZATION HAVING NEITHER AN INTEGRATED, SEPARATE TAX DEPARTMENT NOR ANY PERSON ON AN EXECUTIVE OR MANAGEMENT LEVEL WHOSE FULL TIME IS DEVOTED TO THE TAX FUNCTION, THOSE PERSONS CHARGED WITH THE RESPONSIBILITY OF ADMINISTERING THE TAX AFFAIRS OF THE ORGANIZATION ON AN EXECUTIVE OR MANAGEMENT LEVEL. 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 "SHALL 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 SHALL BE STAGGERED SO THAT THE NUMBER OF DIRECTORS ELECTED FROM THE CHAPTERS EACH YEAR SHALL BE ONE-HALF OF THE NUMBER OF CHAPTERS OF THE INSTITUTE." IN RESPECT OF THE FOUR SENIOR OFFICERS AND NINE REGIONAL VICE PRESIDENTS, ARTICLE V, SECTION 2 OF THE BY-LAWS PROVIDES THAT EACH YEAR, THE INSTITUTE'S NOMINATING COMMITTEE "SHALL MAKE NOMINATIONS FOR OFFICERS, EXCEPT THAT THE SENIOR VICE PRESIDENT SHALL AUTOMATICALLY SUCCEED 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, SHALL 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, SHALL BE 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 SHALL LIMIT 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 ONCE RSM US LLP HAS COMPLETED THE FORM 990 PREPARATION, A COPY IS SENT TO TEI'S MANAGEMENT FOR APPROVAL. ONE OF THE INSTITUTE'S FOUR SENIOR OFFICERS REVIEWS THE RETURN AFTER MANAGEMENT HAS APPROVED IT. THE RETURN IS 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. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE POSTED ON THE WEBSITE. FINANCIAL STATEMENTS ARE DISTRIBUTED TO THE BOARD OF DIRECTORS. FORM 990, PART VIII, LINE 1E THE AMOUNT OF $283,569 IN GOVERNMENT GRANTS ON PART VIII, LINE 1E ARE FROM THE EMPLOYEE RETENTION TAX CREDIT (ERTC). FORM 990, PART XII, LINE 2C THE PROCESS FOR REVIEW HAS NOT CHANGED FROM THE PRIOR YEAR. TEI EDUCATION FUND 1200 G STREET SUITE 300 WASHINGTON DC 20005 541402262 SPONSOR CONTINUING EDUCATION/FURTHER TEI'S EDUCATIONAL OBJECTIVES VA 501(C)(3) LINE 2 TAX EXECUTIVE INSTITUTE INC 1 TEI ASIA PACIFIC LIMITED 1401 HUTCHISON HOUSE 10 HARCOURT R HONG KONG HK HOLDING COMPANY HK TAX EXECUTIVES INSTITUTE INC C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0