2022-06-06T08:08:57-05:00 2021-09-30 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2020-10-01 530196573 AMERICAN COUNCIL ON EDUCATION AMER 2029399330 ONE DUPONT CIRCLE NW NO 800 WASHINGTON DC 200361193 MOSES P YOMI AVP, FINANCE & BUDGET 2029399330 2022-06-01 1 MOSES YOMI XXX-XX-XXXX MICHAELA J CROMAR CPA P00895728 5712279500 2022-06-01 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z THEODORE R MITCHELL ONE DUPONT CIRCLE NW NO 800 WASHINGTON DC 200361193 66923902 0 X WWW.ACENET.EDU X 1918 DC CONSENSUS LEADER ON HIGHER EDUCATION ISSUES & COORDINATING BODY FOR UNITED STATES HIGHER ED. 37 37 167 48 34314 0 3770470 6141600 20616287 20024396 2051440 2472221 7482025 6274960 33920222 34913177 279929 203292 0 0 21785488 18588893 0 0 953880 13303437 17158046 35368854 35950231 -1448632 -1037054 82629480 87315703 21174304 18909040 61455176 68406663 X THE AMERICAN COUNCIL ON EDUCATION (ACE) IS A MEMBERSHIP ORGANIZATION THAT MOBALIZES THE HIGHER EDUCATION COMMUNITY TO SHAPE EFFECTIVE PUBLIC POLICY AND FOSTER INNOVATIVE, HIGH-QUALITY PRACTICE. ACE IS THE MAJOR COORDINATING BODY FOR HIGHER EDUCATION IN THE UNITED STATES. FOUNDED IN 1918, ACE SEEKS TO PROVIDE LEADERSHIP AND A UNIFYING VOICE ON KEY HIGHER EDUCATION ISSUES AND TO INFLUENCE PUBLIC POLICY THROUGH REPRESENTATION, RESEARCH, AND PROGRAM INITIATIVES. ACE AIMS TO FOSTER GREATER COLLABORATION AND NEW PARTNERSHIPS WITHIN AND OUTSIDE THE HIGHER EDUCATION COMMUNITY TO HELP COLLEGES AND UNIVERSITIES ANTICIPATE AND ADDRESS THE CHALLENGES OF THE 21ST CENTURY AND CONTRIBUTE TO A STRONGER NATION AND A BETTER WORLD. ACE VALUES INCLUSIVENESS AND DIVERSITY, RECOGNIZES HIGHER EDUCATION'S RESPONSIBILITY TO SOCIETY, AND EMBRACES THE BELIEF THAT WIDESPREAD ACCESS TO EXCELLENT POSTSECONDARY EDUCATIONAL OPPORTUNITIES IS THE CORNERSTONE OF A DEMOCRATIC SOCIETY. 0 0 7107161 203292 553347 PROFESSIONAL DEVELOPMENT: THE AMERICAN COUNCIL ON EDUCATION (ACE) HAS A LONG HISTORY OF PROVIDING LEARNING AND ENGAGEMENT OPPORTUNITIES FOR CAMPUS LEADERS, INCLUSIVE OF PROGRAMS, SERVICES, AND RESEARCH. ACE'S PROGRAMS AND GLOBAL ENGAGEMENT UNIT 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 ACE'S TRANSFORMATION LABS, ACE FELLOWS, AND ACE SUMMITS. 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, CAMPUS INTERNATIONALIZATION, AND VIRTUAL EXCHANGE. 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 SUMMITS CONVENE HIGHER EDUCATION LEADERS TO ADVANCE STRATEGY, CAMPUS PRACTICE, AND POLICY ON KEY ISSUES. SUMMITS TAKE PLACE VIRTUALLY OR IN PERSON, IN COLLABORATION WITH HOST CAMPUSES. 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. 12067103 8597124 ADULT LEARNING AND EDUCATIONAL CREDENTIALS:ACE'S LEARNING EVALUATIONS (FORMERLY CREDIT) HELPS 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 REVIEWS MILITARY TRAINING AND 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. 4687714 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 AND PUBLIC AFFAIRS (DGPA) PREPARES TESTIMONY FOR CONGRESSIONAL HEARINGS, COMMENTS ON PROPOSED FEDERAL LEGISLATION AND REGULATIONS, ADVOCATES FOR HIGHER EDUCATION PUBLIC POLICIES THAT WILL BENEFIT STUDENTS AND INSTITUTIONS, FILES AMICUS CURIAE BRIEFS ON COURT CASES WITH IMPORTANT IMPLICATIONS FOR HIGHER EDUCATION, AND UNDERTAKES PROACTIVE OUTREACH TO THE MEDIA, MEMBERS, AND OTHER STAKEHOLDERS TO RAISE THE VISIBILITY AND AWARENESS OF PUBLIC POLICY POSITIONS AND THE COUNCIL'S MISSION AND ACTIVITIES. A KEY BENEFIT OF ACE MEMBERSHIP IS ACCESS TO HIGHER EDUCATION RESEARCH AND PUBLICATIONS. DGPA CONTRIBUTES TO THE WORK ACE DOES PUBLISHING PAPERS, MONOGRAPHS AND RESEARCH REPORTS ON THE TOPICS OF STUDENT FINANCIAL AID, DEMOGRAPHIC TRENDS IN HIGHER EDUCATION, ACADEMIC PREPARATION FOR COLLEGE, AND THE COLLEGE PRESIDENCY, AMONG OTHER TOPICS. 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. 4032629 10875497 OTHER PROGRAMSTHE ACE RESEARCH UNIT CONDUCTS RESEARCH AND ANALYSIS THAT ADVANCE THE COUNCIL'S THOUGHT LEADERSHIP AREAS: (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. 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. REVENUE FROM MEMBERSHIP DUES, RENT INCOME, AND INVESTMENT IN JOINT VENTURE ARE ALSO INCLUDED IN THE REVENUE AMOUNT FOR OTHER PROGRAMS. 4032629 10875497 27894607 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 280 0 167 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 37 37 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 DC FL NY X MOSES P YOMI 2029399330 ONE DUPONT CIRCLE NW SUITE 800 WASHINGTON DC 200361193 THEODORE MITCHELL PRESIDENT, EX OFFICIO 35.00 X 980034 0 39258 TERRY HARTLE SVP, DGPA 35.00 X 441920 0 29664 KARA FREEMAN SVP, COO 35.00 X 361805 0 39253 PHILIP ROGERS SVP UNTIL 03/21 35.00 X 327784 0 40910 PETER MCDONOUGH VP, GENERAL COUNSEL 35.00 X 337207 0 29664 SONYA WILLIAMS VP, CHIEF HR OFFICER UNTIL 03/20 35.00 X 357346 0 8138 LOUIS SOARES CHIEF LEARNING & INNOVATION OFFICER 35.00 X 309824 0 46610 DANIEL MADZELAN AVP, GOVERNMENT RELATIONS UNTIL 12/20 35.00 X 284370 0 18931 BRADLEY FARNSWORTH VP, GLOBAL ENGAGEMENT UNTIL 12/20 35.00 X 258755 0 35739 RONALD A CRUTCHER CHAIR 1.00 X X 0 0 0 MICHAEL RAO VICE CHAIR/CHAIR-ELECT 1.00 X X 0 0 0 PAUL J LEBLANC IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 LINDA A LIVINGSTONE SECRETARY 1.00 X X 0 0 0 CARRIE BESNETTE HAUSER DIRECTOR 1.00 X 0 0 0 JOAN TA GABEL DIRECTOR 1.00 X 0 0 0 ELOY ORTIZ OAKLEY DIRECTOR 1.00 X 0 0 0 SCOTT PULSIPHER DIRECTOR 1.00 X 0 0 0 TOM STRITIKUS DIRECTOR 1.00 X 0 0 0 KAREN SCHUSTER WEBB DIRECTOR 1.00 X 0 0 0 LAWRENCE S BACOW DIRECTOR 1.00 X 0 0 0 CHRISTOPHER B HOWARD DIRECTOR 1.00 X 0 0 0 MARK MITSUI DIRECTOR 1.00 X 0 0 0 JUAN SANCHEZ MUNOZ DIRECTOR 1.00 X 0 0 0 BRIAN NOLAND DIRECTOR 1.00 X 0 0 0 RICHARD J PAPPAS DIRECTOR 1.00 X 0 0 0 FELIX V MATOS RODRIGUEZ DIRECTOR 1.00 X 0 0 0 VALERIE SMITH DIRECTOR 1.00 X 0 0 0 ROSLYN CLARK ARTIS DIRECTOR 1.00 X 0 0 0 SYLVIA M BURWELL DIRECTOR 1.00 X 0 0 0 DAMIAN J FERNANDEZ DIRECTOR 1.00 X 0 0 0 JAMES B MILLIKEN DIRECTOR 1.00 X 0 0 0 THUY THI NGUYEN DIRECTOR 1.00 X 0 0 0 BILL PINK DIRECTOR 1.00 X 0 0 0 LEOCADIA I ZAK DIRECTOR 1.00 X 0 0 0 DANIEL J PHELAN DIRECTOR 1.00 X 0 0 0 F JAVIER CEVALLOS DIRECTOR 1.00 X 0 0 0 GARY S MAY DIRECTOR 1.00 X 0 0 0 PETER M DONOHUE DIRECTOR 1.00 X 0 0 0 MARK C REED DIRECTOR 1.00 X 0 0 0 JAMES P CLEMENTS DIRECTOR 1.00 X 0 0 0 NAYEF H SAMHAT DIRECTOR 1.00 X 0 0 0 MICHAEL J SORRELL DIRECTOR 1.00 X 0 0 0 ISIAAH CRAWFORD DIRECTOR 1.00 X 0 0 0 SHIRLEY V HOOGSTRA DIRECTOR 1.00 X 0 0 0 KEVIN KRUGER DIRECTOR 1.00 X 0 0 0 ANDY BRANTLEY DIRECTOR 1.00 X 0 0 0 MARK P BECKER DIRECTOR - UNTIL 03/21 1.00 X 0 0 0 JONATHAN R ALGER DIRECTOR - UNTIL 03/21 1.00 X 0 0 0 WADED CRUZADO DIRECTOR - UNTIL 03/21 1.00 X 0 0 0 ANDREW D HAMILTON DIRECTOR - UNTIL 03/21 1.00 X 0 0 0 DIANNE F HARRISON DIRECTOR - UNTIL 03/21 1.00 X 0 0 0 TIMOTHY L KILLEEN DIRECTOR - UNTIL 03/21 1.00 X 0 0 0 BARBARA R SNYDER DIRECTOR - UNTIL 03/21 1.00 X 0 0 0 A CLAYTON SPENCER DIRECTOR - UNTIL 03/21 1.00 X 0 0 0 HOWARD GILLMAN DIRECTOR - UNTIL 03/21 1.00 X 0 0 0 ROGER N CASEY DIRECTOR - UNTIL 03/21 1.00 X 0 0 0 KATHLEEN CURRY SANTORA DIRECTOR - UNTIL 03/21 1.00 X 0 0 0 DERRICK ANDERSON SVP 35.00 X 0 0 0 3659045 0 288167 58 0 1 0 HOGAN LOVELLS US LLP 555 13TH ST NW COLUMBIA SQUARE WASHINGTON DC 20004 CONSULTING 202717 OBJECTIVE SYSTEMS LLC 514 DANIELS ST SUITE 298 RALEIGH NC 27605 CONSULTING 178675 ADDISON GROUP 7076 SOLUTIONS CENTER CHICAGO IL 60677 CONSULTING 165688 ERNST & YOUNG LLP PO BOX 640382 PITTSBURGH PA 15264 CONSULTING 162500 WHITEBOARD ADVISOR LLC 1000 POTOMAC STREET NW SUITE 150 WASHINGTON DC 20007 CONSULTING 140000 10 2935755 3205845 6141600 MEMBERSHIP DUES 900099 7600078 7600078 FEDERAL CONTRACT REVENUE 900099 6743544 6743544 RENT INCOME 900099 4528949 4528949 REVIEW AND REGISTRATION FEES 900099 2813809 2813809 INVESTMENT IN JOINT VENTURE 900099 -1741904 -1741904 79920 45606 34314 20024396 1388845 1388845 6193470 6193470 33047442 31642672 321394 1404770 -321394 1083376 1083376 82545 46659 35886 35886 GARAGE PARKING 900099 45568 45568 36 36 45604 34913177 20025968 34314 8711295 X 203292 203292 2131986 1947202 184784 12404366 9351043 2558974 494349 866731 664030 170679 32022 2218110 1717861 423153 77096 967700 751270 183290 33140 229260 101292 123474 4494 77710 77710 245621 245621 82965 82965 10109320 9050904 875273 183143 91001 82624 7595 782 78791 75223 2013 1555 1289961 759333 505709 24919 562168 449164 93120 19884 -3899 -3780 -183 64 107291 103702 2807 782 11027 959 10025 43 2544384 1671370 821366 51648 179678 179678 REPAIRS AND MAINTENANCE 662315 335483 311948 14884 TAXES 377315 192813 175948 8554 DUES & PUBLICATIONS 110971 93222 12379 5370 STAFF TRAINING 54519 40951 13181 387 347648 61028 285856 764 35950231 27894607 7101744 953880 4571214 3682573 1637234 1219964 3213804 2422146 29944 24691 889671 1252519 43867141 34965476 9473454 8901665 53524738 61438413 193145 215744 7458393 5716489 1637883 2441499 82629480 87315703 3530967 3854819 8944089 9312839 3373255 43860 5325993 5697522 21174304 18909040 X 59674511 66077248 1780665 2329415 61455176 68406663 82629480 87315703 X -1037054 7709012 279529 X 0 1 X 1 0 X 12762331 13988130 14798188 3770470 6141600 51460719 10075455 10464342 7044955 20865287 20072627 68522666 22837786 24452472 21843143 24635757 26214227 119983385 2500 12200 8101 6440 29241 0 2500 12200 8101 6440 29241 119954144 8597671 9237923 9058188 8852084 7582315 43328181 8597671 9237923 9058188 8852084 7582315 43328181 71984 228312 175379 90312 91210 657197 31507441 33918707 31076710 33578153 33887752 163968763 0.73160 0.76870 0.26420 0.22670 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: THE PRESIDENCY PUBLICATION - ADVERTISING - 2016 AMOUNT: $ 54,365. 2018 AMOUNT: $ 5,125. GARAGE PARKING - 2017 AMOUNT: $ 195,369. 2018 AMOUNT: $ 161,747. 2019 AMOUNT: $ 88,985. 2020 AMOUNT: $ 45,568. OTHER REVENUE - 2016 AMOUNT: $ 17,619. 2017 AMOUNT: $ 32,943. 2018 AMOUNT: $ 8,507. 2019 AMOUNT: $ 1,327. 2020 AMOUNT: $ 45,642. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 579075 579075 27315532 27894607 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 435054 281049 735559 579075 2030737 250000 250000 250000 250000 1000000 1500000 2678042 2678042 17029695 15682679 1347016 16027092 13131907 2895185 8132312 6150890 1981422 8901665 INVESTMENT IN JOINT VENTURE 2716489 C INVESTMENT IN ACUE 3000000 C 5716489 RETIREE MEDICARE BENEFIT OBLIGATION 2947557 DEFERRED COMPENSATION 2378161 OTHER LIABILITIES 1149 CAPITAL LEASE LIABILITY 45655 ASSET RETIREMENT OBLIGATION 325000 5697522 X 42904412 7709012 39000 279529 8027541 34876871 82965 -46659 36306 34913177 35952925 39000 46659 85659 35867266 82965 82965 35950231 PART X, LINE 2: ACE HAS BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN FURTHER CLASSIFIED AS A PUBLIC CHARITY. ACE DERIVES UNRELATED BUSINESS INCOME FROM PUBLICATION ADVERTISING, DUPLICATION AND OTHER OFFICE SERVICES TO UNRELATED THIRD PARTIES, AND ALTERNATIVE INVESTMENTS. HOWEVER, NO TAXES WERE PAYABLE ON SUCH AMOUNTS FOR THE YEARS ENDED SEPTEMBER 30, 2021 AND 2020, AS ALLOWABLE DEDUCTIBLE EXPENSES EXCEEDED UNRELATED INCOME. ACE HAS ANALYZED ITS TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN AND HAS CONCLUDED THAT, AS OF SEPTEMBER 30, 2021 AND 2020, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: POSTRETIREMENT CHANGE OTHER THAN NET PERIODIC BENEFIT COST 134,037. CHANGE IN BENEFIT INTEREST IN AMHIC 145,492. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -46,659. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 46,659. 1 RESEARCH TRIANGLE INSTITUTE PO BOX 900002 RALEIGH NC 27675 560686338 501(C)(3) 32066 RACE AND ETHNICITY INHIGHER EDUCATION REPORT UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY GARDENS UGB203 LOS ANGELES CA 90089 951642394 501(C)(3) 106676 EQUITY MINDED LEADERSHIP REPORT AMARILLO JUNIOR COLLEGE DISTRICT PO BOX 447 AMARILLO TX 79178 756000031 501(C)(3) 10000 AWARD FOR INSTITUTIONAL TRANSFORMATION DAVENPORT UNIVERSITY 6191 KRAFT AVE SE GRAND RAPIDS MI 49512 381945965 501(C)(3) 10000 AWARD FOR INSTITUTIONAL TRANSFORMATION DOMINICAN UNIVERSITY OF CALIFORNIA 50 ACACIA AVENUE SAN RAFAEL CA 94901 941156525 501(C)(3) 10000 AWARD FOR INSTITUTIONAL TRANSFORMATION UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 GILMAN DRIVE 00005 LA JOLLA CA 92093 956006144 501(C)(3) 10000 AWARD FOR INSTITUTIONAL TRANSFORMATION JAMES MADISON UNIVERSITY 1031 S MAIN ST MSC 5705 HARRISONBURG VA 22807 546001756 501(C)(3) 10000 FELLOWS SCHOLARSHIP 7 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 SUBRECIPIENT'S FEDERAL FUNDS. SUBRECIPIENT MONITORING EFFORTS ARE A JOINT EFFORT OF PROGRAM STAFF AND THE FINANCE AND BUDGET STAFF. ALL OTHER GRANT FUNDS PROVIDED TO ENTITIES ARE SIMILARLY MONITORED THROUGH THE USE OF SUBAWARD AGREEMENTS OR CONTRACTS AND PERIODIC REPORTING PROVIDED BY THE GRANTEES TO ACE. X 1 1 X X X X 1 1 0 0 0 0 0 0 0 THEODORE MITCHELL PRESIDENT, EX OFFICIO 646119 0 12922 0 320993 0 28500 0 10758 0 1019292 0 150000 0 TERRY HARTLE SVP, DGPA 430123 0 8670 0 3127 0 28500 0 1164 0 471584 0 0 0 KARA FREEMAN SVP, COO 354265 0 7540 0 0 0 28500 0 10753 0 401058 0 0 0 PHILIP ROGERS SVP UNTIL 03/21 321154 0 6630 0 0 0 22800 0 18110 0 368694 0 0 0 PETER MCDONOUGH VP, GENERAL COUNSEL 330552 0 6655 0 0 0 28500 0 1164 0 366871 0 0 0 SONYA WILLIAMS VP, CHIEF HR OFFICER UNTIL 03/20 105938 0 0 0 251408 0 5451 0 2687 0 365484 0 0 0 LOUIS SOARES CHIEF LEARNING & INNOVATION OFFICER 303553 0 6271 0 0 0 28500 0 18110 0 356434 0 0 0 DANIEL MADZELAN AVP, GOVERNMENT RELATIONS UNTIL 12/2 274816 0 4610 0 4944 0 18439 0 492 0 303301 0 0 0 BRADLEY FARNSWORTH VP, GLOBAL ENGAGEMENT UNTIL 12/20 254406 0 4349 0 0 0 21747 0 13992 0 294494 0 0 0 PART I, LINE 1A THEODORE MITCHELL RECEIVED A HOUSING ALLOWANCE FOR RESIDENCE FOR PERSONAL USE IN THE AMOUNT OF $141,798. THIS AMOUNT IS INCLUDED IN TAXABLE COMPENSATION AS OTHER REPORTABLE COMPENSATION. PART I, LINES 4A-B 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, 2021. THEODORE MITCHELL ALSO RECEIVED A DISTRIBUTION FROM THE PLAN DURING THE CALENDAR YEAR END 2020, WHICH INCLUDES $150,000 OF DEFERRED COMPENSATION REPORTED ON PRIOR YEAR 990 FILINGS AND INCLUDED IN SECTION II. LINE 1, COLUMN (F). THE FOLLOWING EMPLOYEES RECEIVED SEVERANCE PAYMENTS DURING THE FISCAL YEAR ENDING SEPTEMBER 30, 2021: BRADLEY FARNSWORTH: $115,864 DANIEL MADZELAN: $62,055 SONYA WILLIAMS RECEIVED A SEVERANCE OF $251,750 DURING THE CALENDAR YEAR 2020 AND THIS AMOUNT IS INCLUDED IN SECTION II. LINE 6, COLUMN (B)(III). AMERICAN MUTUAL HEALTH INSURANCE COMPANY KARA FREEMAN IS A BOARD MEMBER OF AMHIC AND AN OFFICER AT ACE 1782451 INSURANCE PREMIUMS 0 FORM 990, PART VI, SECTION A, LINE 1 ACE'S EXECUTIVE COMMITTEE IS MADE UP OF THE BOARD CHAIR, VICECHAIR, 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 NONVOTING MEMBER OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE COUNCIL HAS FOUR CLASSES OF MEMBERS: NATIONAL ASSOCIATION MEMBERS, INSTITUTIONAL MEMBERS, ORGANIZATION MEMBERS, AND PROBATIONARY MEMBERS. NATIONAL ASSOCIATION MEMBERS ARE NONPROFIT 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 NONPROFIT ORGANIZATIONS PRIMARILY CONCERNED WITH HIGHER EDUCATION AND WHOSE MEMBERSHIP IS RESTRICTED BY LOCAL, STATE, OR REGIONAL BOUNDARIES OR OTHER CONSIDERATIONS; OR NONPROFIT 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 POSTSECONDARY 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 NONVOTING 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 990T. ACE'S AUDIT 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 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 THE COUNCIL'S BOARD OF DIRECTORS DELEGATES AUTHORITY TO A 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 RECEVING 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. FOR THIS TAX YEAR, THE EXECUTIVE COMMITTEE APPROVED A NEW CONTRACT FOR THE PRESIDENT EFFECTIVE FOR THE ORGANIZATION'S FISCAL YEAR 2021, WHICH INCLUDED A SALARY INCREASE. 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 BANK AND CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 99,649. MANAGEMENT AND GENERAL EXPENSES 32,315. FUNDRAISING EXPENSES 6,762. TOTAL EXPENSES 138,726. BUSINESS SERVICE FEES: PROGRAM SERVICE EXPENSES 9,529. MANAGEMENT AND GENERAL EXPENSES 3,090. FUNDRAISING EXPENSES 647. TOTAL EXPENSES 13,266. CONTRACTED PERSONNEL: PROGRAM SERVICE EXPENSES 187,812. MANAGEMENT AND GENERAL EXPENSES 60,905. FUNDRAISING EXPENSES 12,744. TOTAL EXPENSES 261,461. HONORARIUM: PROGRAM SERVICE EXPENSES 18,604. MANAGEMENT AND GENERAL EXPENSES 6,033. FUNDRAISING EXPENSES 1,262. TOTAL EXPENSES 25,899. CONSULTANTS: PROGRAM SERVICE EXPENSES 2,347,216. MANAGEMENT AND GENERAL EXPENSES 761,167. FUNDRAISING EXPENSES 159,267. TOTAL EXPENSES 3,267,650. RECRUITMENT EXP: PROGRAM SERVICE EXPENSES 32,964. MANAGEMENT AND GENERAL EXPENSES 10,690. FUNDRAISING EXPENSES 2,237. TOTAL EXPENSES 45,891. SPEAKER FEES: PROGRAM SERVICE EXPENSES 86,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 86,000. OTHER SERVICE FEES: PROGRAM SERVICE EXPENSES 3,308. MANAGEMENT AND GENERAL EXPENSES 1,073. FUNDRAISING EXPENSES 224. TOTAL EXPENSES 4,605. SUB-AWARDS/SUB-CONTRACTS: PROGRAM SERVICE EXPENSES 6,265,822. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,265,822. FORM 990, PART XI, LINE 9: POSTRETIREMENT CHANGE OTHER THAN NET PERIODIC BENEFIT COST 134,037. CHANGE IN BENEFIT INTEREST IN AMHIC 145,492. GED TESTING SERVICE LLC 5601 GREEN VAL DRIVE BLOOMINGTON MN 55437 275436001 TESTING PROGRAM DE RELATED 0 -1741904 2716489 0 0 0.30000