2022-04-12T05:50:46-05:00 2021-06-30 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2020-07-01 461548064 MID-ATLANTIC REGION COMMISSION ON HIGHER EDUCATION MID- 2672845024 3624 MARKET STREET PHILADELPHIA PA 191042680 KATHIE JEFFRIES VP FOR FINANCE & CFO 2672845000 2022-03-10 1 KATHIE JEFFRIES 999009999 HELEN M MARTIN P01330899 2158818800 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MIDDLE STATES COMM ON HIGHER EDUCAT DR HEATHER PERFETTI 3624 MARKET STREET PHILADELPHIA PA 191042680 24008397 0 X WWW.MSCHE.ORG X 2013 PA ENCOURAGE, ASSIST AND SUSTAIN THE QUALITY AND INTEGRITY OF HIGHER EDUCATION; EVALUATE AND ACCREDIT EDUCATIONAL INSTITUTIONS; ASSIST MEMBERS AND CANDIDATES IN CARRYING OUT THEIR EDUCATIONAL GOALS; ADVANCE EDUCATION THROUGH COOPERATION WITH APPROPRIATE AGENCIES AND ORGANIZATIONS. 28 28 36 485 0 0 0 891930 9353827 8645259 253437 1436248 293379 459246 9900643 11432683 0 0 0 0 6441534 5367591 0 0 0 3224201 2125600 9665735 7493191 234908 3939492 15742263 18836061 5979029 5423255 9763234 13412806 X THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION ASSURES STUDENTS AND THE PUBLIC OF THE EDUCATIONAL QUALITY OF HIGHER EDUCATION. THE COMMISSION'S ACCREDITATION PROCESS ENSURES INSTITUTIONAL ACCOUNTABILITY, SELF-APPRAISAL, IMPROVEMENT, AND INNOVATION THROUGH PEER REVIEW AND THE RIGOROUS APPLICATION OF STANDARDS WITHIN THE CONTEXT OF INSTITUTIONAL MISSION. 0 0 6870704 8645259 THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION PROVIDES SERVICES TO MEMBER INSTITUTIONS FOR VARIOUS ACTIVITIES INCLUDING INSTITUTION EVALUATION OR MONITORING VISITS, STAFF VISITS AND CONFERENCES, WEBINARS AND WORKSHOPS. THESE INSTITUTIONS ARE LOCATED INSIDE OR OUTSIDE THE UNITED STATES, INCLUDING, BUT NOT LIMITED TO, DELAWARE, MARYLAND, NEW JERSEY, NEW YORK, PENNSYLVANIA, PUERTO RICO, THE DISTRICT OF COLUMBIA AND THE U.S. VIRGIN ISLANDS AND ANY OTHER GEOGRAPHIC AREAS IN WHICH THE COMMISSION ELECTS TO CONDUCT ACCREDITING ACTIVITIES. 6870704 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 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 0 0 0 0 1 45 0 1 36 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KATHIE JEFFRIES VP FOR FINANCE & CFO 2672845024 3624 MARKET STREET PHILADELPHIA PA 19104 DR ELIZABETH SIBOLSKI FORMER PRESIDENT (THROUGH 6/30/20) 40.00 X 505120 0 32636 DR HEATHER PERFETTI PRESIDENT 40.00 X 373877 0 44047 DR CHRISTY FAISON SR VP FOR ACCREDITATION RELATIONS 40.00 X 239369 0 30079 DR STEPHEN PUGLIESE SR VP & CHIEF OF STAFF 40.00 X 217572 0 32125 DR ELLIE FOGARTY LEAD VICE PRESIDENT 40.00 X 213506 0 27129 DR SEAN MCKITRICK VICE PRESIDENT 40.00 X 183309 0 48700 DR WILLIAM RICHMAN VP & CHIEF INFO OFF (THROUGH 5/2021) 40.00 X 198569 0 25635 DR IDNA CORBETT VICE PRESIDENT 40.00 X 171799 0 40302 DR KUSHNOOD HAQ VICE PRESIDENT 40.00 X 163090 0 45838 DR ANDREA LEX FORMER SR VP OPER (THROUGH 6/30/20) 40.00 X 180425 0 25682 MS KATHIE JEFFRIES VP FOR FINANCE & CFO 40.00 X 156303 0 34907 DR JAMES SUNSER CHAIR 1.00 X X 0 0 0 DR DAVIE JANE GILMOUR VICE CHAIR 1.00 X X 0 0 0 MR LLOYD RICKETTS TREASURER 1.00 X X 0 0 0 DR VALERIE D LEHR CORPORATE SECRETARY 1.00 X X 0 0 0 DR MARYANN BAENNINGER COMMISSIONER 1.00 X 0 0 0 MS LAURIE CARTER COMMISSIONER 1.00 X 0 0 0 MR MICHAEL COLLINS COMMISSIONER 1.00 X 0 0 0 DR KATHERINE S CONWAY-TURNER COMMISSIONER 1.00 X 0 0 0 DR MICHAEL J FISCHER COMMISSIONER 1.00 X 0 0 0 DR WAYNE FREDERICK COMMISSIONER 1.00 X 0 0 0 PROF ARIEL GUZMAN COMMISSIONER 1.00 X 0 0 0 DR SUE HENDERSON COMMISSIONER 1.00 X 0 0 0 DR M KAREN JOGAN COMMISSIONER 1.00 X 0 0 0 DR MARY E KENNARD COMMISSIONER 1.00 X 0 0 0 DR GERALD C KOBYLSKI MBA PE COMMISSIONER 1.00 X 0 0 0 DR SUSAN D LOONEY COMMISSIONER 1.00 X 0 0 0 MS VUYOKAZI FUNEKA MEMANI-SEDILE COMMISSIONER 1.00 X 0 0 0 MS DENISE MULKERN COMMISSIONER 1.00 X 0 0 0 DR JONATHAN PERI COMMISSIONER 1.00 X 0 0 0 DR CARL S PERSON COMMISSIONER 1.00 X 0 0 0 MR RICHARD J PINKOWSKI JR COMMISSIONER 1.00 X 0 0 0 MS BARBARA ANNE PRATT COMMISSIONER 1.00 X 0 0 0 DR DAVID REHM COMMISSIONER 1.00 X 0 0 0 DR HAVIDAN RODRIGUEZ COMMISSIONER 1.00 X 0 0 0 DR OLGA RODRIGUEZ DE ARZOLA COMMISSIONER 1.00 X 0 0 0 DR STEVEN M ROSE COMMISSIONER 1.00 X 0 0 0 DR SCOTT SCHAEFFER COMMISSIONER 1.00 X 0 0 0 MRS ROBERTA GRIFFIN TORIAN COMMISSIONER 1.00 X 0 0 0 DR ALAN D MATHIOS SECRETARY (THROUGH 12/2020) 1.00 X X 0 0 0 MR DAVID E HOLLOWELL TREASURER (THROUGH 12/2020) 1.00 X X 0 0 0 DR HERMAN BEAVERS COMMISSIONER (THROUGH 9/2020) 1.00 X 0 0 0 2602939 0 387080 13 1 1 0 PRESENCE PRODUCT GROUP 28 SOUTH PARK STREET SAN FRANCISCO CA 94107 DATABASE SYSTEM 323269 CVENT INC 1765 GREENSBORO STATION PLACE 7TH TYSONS CORNER VA 22102 EVENTS 123617 BALLARD SPAHR 1735 MARKET STREET 51ST FLOOR PHILADELPHIA PA 19103 LEGAL 123204 3 891930 891930 MEMBERSHIP DUES 900099 7049089 7049089 MEMBERSHIP FEES 900099 1510520 1510520 REGISTRATION 900099 64650 64650 EVENTS EXHIBITS AND SPONSORS 900099 21000 21000 8645259 126407 126407 299029 0 299029 299029 299029 13885555 12575714 1309841 1309841 1309841 OTHER REVENUE 900099 160217 160217 160217 11432683 8805476 0 1735277 1157049 967741 189308 3117778 2914370 203408 310137 291103 19034 508805 479421 29384 273822 250108 23714 124114 19100 105014 16800 16800 244633 244413 220 440402 427012 13390 185589 178335 7254 161121 161121 620111 620111 123860 123860 EVENTS 129653 129653 HONORARIA AND CONTRACTE 69520 54559 14961 MISCELLANEOUS 9797 9797 7493191 6870704 622487 0 479924 1294899 2541013 4950065 841010 178507 296743 206197 11088152 5882210 5712855 5205942 5856762 6999377 13956 1074 15742263 18836061 595270 525743 456189 993356 4927570 3904156 5979029 5423255 X 9763234 12912806 500000 9763234 13412806 15742263 18836061 3939492 -261465 -28455 0 X 0 1 X 1 0 X 5563371 5911396 6207141 6524319 7049089 31255316 2539381 2476155 2407902 2732942 1596170 11752550 8102752 8387551 8615043 9257261 8645259 43007866 0 0 0 43007866 475851 121334 151124 140456 126407 1015172 475851 121334 151124 140456 126407 1015172 9515 30708 1326 160217 201766 8588118 8539593 8767493 9397717 8931883 44224804 0.97250 0.97380 0.02300 0.02490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7747057 4550588 3196469 684538 168055 516483 496986 431152 65834 2159571 732415 1427156 5205942 X 11142763 -261465 -261465 11404228 28455 28455 11432683 7493191 0 7493191 0 7493191 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED THE COMMISSION AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE") AND AS AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE COMMISSION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMMISSION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2021 AND 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COMMISSION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED JUNE 30, 2021 OR 2020. X X X 1 0 0 0 0 0 0 0 0 DR ELIZABETH SIBOLSKI FORMER PRESIDENT (THROUGH 6/30/20) 252560 0 0 0 252560 0 26000 0 6636 0 537756 0 0 0 DR HEATHER PERFETTI PRESIDENT 373877 0 0 0 0 0 26000 0 18047 0 417924 0 0 0 DR CHRISTY FAISON SR VP FOR ACCREDITATION RELATIONS 239369 0 0 0 0 0 23937 0 6142 0 269448 0 0 0 DR STEPHEN PUGLIESE SR VP & CHIEF OF STAFF 217572 0 0 0 0 0 21757 0 10368 0 249697 0 0 0 DR ELLIE FOGARTY LEAD VICE PRESIDENT 213506 0 0 0 0 0 21351 0 5778 0 240635 0 0 0 DR SEAN MCKITRICK VICE PRESIDENT 183309 0 0 0 0 0 18331 0 30369 0 232009 0 0 0 DR WILLIAM RICHMAN VP & CHIEF INFO OFF (THROUGH 5/2021) 198569 0 0 0 0 0 19857 0 5778 0 224204 0 0 0 DR IDNA CORBETT VICE PRESIDENT 171799 0 0 0 0 0 17180 0 23122 0 212101 0 0 0 DR KUSHNOOD HAQ VICE PRESIDENT 163090 0 0 0 0 0 16309 0 29529 0 208928 0 0 0 DR ANDREA LEX FORMER SR VP OPER (THROUGH 6/30/20) 154650 0 0 0 25775 0 18043 0 7639 0 206107 0 0 0 MS KATHIE JEFFRIES VP FOR FINANCE & CFO 156303 0 0 0 0 0 15630 0 19277 0 191210 0 0 0 PART I, LINE 4A DR. ELIZABETH SIBOLSKI, PRESIDENT THRU JUNE 30, 2020 AND DR. ANDREA LEX, SR VP FOR OPERATIONS THROUGH JUNE 30, 2020 RECEIVED PAYMENTS REPRESENTING SIX MONTHS AND ONE MONTH SEVERANCE, RESPECTIVELY, ON JUNE 30, 2020, THE SEPARATION DATE FOR BOTH INDIVIDUALS. THE AMOUNTS REPORTED IN PART II INCLUDE BASE COMPENSATION THROUGH SEPARATION ON JUNE 30, 2020 IN COL (I) AND SEVERANCE IN COL (III) FOR EACH. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND VOTED UPON BY THE MARCHE FINANCE COMMITTEE WHICH CONSISTS OF THE CORPORATE TREASURER, A COMMISSIONER, AND FOUR OTHER COMMISSIONERS. THE 990 IS REVIEWED AND VOTED UPON BY THE EXECUTIVE COMMITTEE PRIOR TO FILING. THE MARCHE EXECUTIVE LEADERSHIP TEAM AND THE VP FOR FINANCE & CFO SUPPORT THE WORK OF THE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 12C THE COMMISSION HAS A CONFLICT OF INTEREST POLICY FOR CORPORATE ACTIONS. ONCE EACH YEAR, ALL COMMISSIONERS AND SENIOR STAFF MUST SIGN A DISCLOSURE STATEMENT INDICATING THAT THEY HAVE OR DO NOT HAVE A CURRENT CONFLICT OF INTEREST. AT REGULAR INTERVALS, THE COMMISSION CONDUCTS A REVIEW WHICH INCLUDES THE FOLLOWING:(I) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS PAID BY THE CORPORATION TO THE COMMISSIONERS, CORPORATE OFFICERS AND SENIOR MANAGEMENT EMPLOYEES ARE DOCUMENTED IN WRITING, REASONABLE, NOT IN EXCESS OF FAIR MARKET VALUE, AND THE RESULT OF ARM'S LENGTH BARGAINING; (II) WHETHER THE CORPORATION'S ACQUISITIONS RESULT IN ANY PRIVATE INUREMENT OR IMPERMISSIBLE EXCESS BENEFIT TO AN INTERESTED PERSON; (III) WHETHER PARTNERSHIP OR JOINT VENTURE ARRANGEMENTS AND ARRANGEMNENTS WITH OTHER SERVICE ORGANIZATIONS CONFORM TO WRITTEN POLICIES, ARE PROPERLY DOCUMENTED, REFLECT REASONABLE PAYMENT FOR GOODS AND SERVICES, FURTHER THE COMMISSION'S CHARITABLE PURPOSES AND DO NOT RESULT IN PRIVATE INUREMENT OR IMPERMISSIBLE EXCESS BENEFIT TO AN INTERESTED PERSON; (IV) WHETHER ARRANGEMENTS WITH OTHER PROVIDERS, EMPLOYEES, AND THIRD PARTY PAYERS FURTHER THE COMMISSION'S CHARITABLE PURPOSES AND DO NOT RESULT IN PRIVATE INUREMENT OR IMPERMISSIBLE EXCESS BENEFIT TO AN INTERESTED PERSON, FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND REVIEWS THE COMPENSATION LEVELS OF OTHER EXECUTIVES AT COMPARABLE ORGANIZATIONS. THERE IS A WRITTEN EMPLOYMENT CONTRACT APPROVED BY THE EXECUTIVE COMMITTEE FOR THE CEO. EVALUATIONS OF POSITIONS AND SALARY ARE DONE WITH AN OUTSIDE FIRM TO FURTHER EVALUATE COMPENSATION LEVELS EVERY TWO TO THREE YEARS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS (BY-LAWS) AND CONFLICT OF INTEREST POLICIES ARE MADE AVAILABLE ONLINE AT THE WEBSITE; FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.