2020-11-13T16:16:35-06:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2019-01-01 526041929 AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION AMER 2022932450 1307 NEW YORK AVE NW 300 WASHINGTON DC 20005 LYNN M GANGONE PRESIDENT AND CEO 2022932450 2020-11-13 1 J ANDREW SMITH P00635175 5712279500 2020-11-13 108.48.156.67 2020-11-13 13:35:09 ES P 454EEAD6091E2B2A5514101B2A8E7317F12EB0CF 87826B80F82B7742AC94E6ED7EC5993094E974B0 2019 2021-01-29 14:40:06Z LYNN M GANGONE 1307 NEW YORK AVE NW 300 WASHINGTON DC 20005 5782690 0 X WWW.AACTE.ORG X 1948 DC AACTE LEADS IN ADVOCATING FOR AND BUILDING HIGH-QUALITY EDUCATOR PREPARATION PROGRAMS. 24 24 17 30 26975 0 406332 396329 4881659 4947733 257670 231713 376069 29654 5921730 5605429 0 0 0 0 2281987 2146448 0 0 0 2959162 3240536 5241149 5386984 680581 218445 10728468 11511733 4662708 4651871 6065760 6859862 X AACTE LEADS THE FIELD IN ADVOCATING FOR AND BUILDING CAPACITY FOR HIGH-QUALITY EDUCATOR PREPARATION PROGRAMS IN A DYNAMIC LANDSCAPE. 0 0 1349310 839227 EVENTS: CONTAINS ANNUAL MEETING, MEETING & EVENTS, WASHINGTON WEEK, AND LEADERSHIP ACADEMY. PROVIDES SUPPORT FOR VARIOUS PROGRAMS DESIGNED TO ENHANCE THE DEVELOPMENT AND MAINTENANCE OF LEADERSHIP CAPABILITIES OF THOSE IN THE PROFESSION, PROMOTE TEACHER EDUCATION AS A PROFESSION, AND PROMOTE AND MAINTAIN EDUCATIONAL STANDARDS WITHIN THE MEMBERSHIP. THESE ACTIVITIES ARE CARRIED OUT THROUGH SPECIAL MEETINGS, CONFERENCES AND SEMINARS. 431576 361783 POLICY AND PROGRAMS: THE ASSOCIATION DEVELOPS AND PRODUCES PUBLICATIONS AND OTHER TYPES OF LITERATURE RELATING TO TEACHER EDUCATION. ALSO, UPON REQUEST, THE ASSOCIATION COLLECTS AND PROVIDES INFORMATION OF SPEICAL INTEREST TO THE MEMBERSHIP AND THOSE IN THE PROFESSION. 330882 GOVERNMENT RELATIONS: THE ASSOCIATION COLLECTS AND COMMUNICATES TO ITS MEMBERS, INFORMATION ON THE ACTIVITIES OF THE FEDERAL AND STATE GOVERNMENTS, WHICH WILL HAVE AN IMPACT ON TEACHER EDUCATION AND BE OF COMMON INTEREST TO THE COLLEGES AND UNIVERSITIES. 224489 3746723 MEMBERSHIPS: AACTE MEMBERSHIP HELPS MEMBERS BROADEN THEIR KNOWLEDGE TO ADDRESS CURRENT CHALLENGES AND PROVIDES OPPORTUNITIES TO NETWORK WITH PROFESSIONALS WITH COMMON INTERESTS AND GOALS TO ENRICH THEIR DEVELOPMENT. MEMBERS RECEIVE EXCLUSIVE ACCESS TO FREE OR DISCOUNTED FEES FOR A RANGE OF PROGRAMS, EVENTS, PRODUCTS, AND SERVICES: INCLUDING JOURNAL SUBSCRIPTIONS, A MEMBERSHIP DIRECTORY, PROFESSIONAL DEVELOPMENT TRAININGS AND WEBINARS, ADVOCACY RESOURCES, LEADERSHIP OPPORTUNITIES, AND DOZENS OF TOOLKITS, GUIDES, AND ASSESSMENT MATERIALS. 255593 CONTRACTS & GRANTS: THE ASSOCIATION CONDUCTS SPEICAL STUDIES AND OTHER PROGRAMS RELATIVE TO THE GENERAL PURPOSE OF THE ASSOCIATION, WHICH ARE FUNDED BY SPECIFICALLY DESIGNATED FUNDS. 480082 3746723 2591850 1 1 0 1 0 0 0 0 0 1 1 1 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 40 0 1 17 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X ROWENA WILLIAMS 2022932450 1307 NEW YORK AVENUE NW 300 WASHINGTON DC 20005 LYNN GANGONE PRESIDENT & CEO 37.50 X 348319 0 67588 ROWENA WILLIAMS VICE PRESIDENT, FINANCE AND BUSINESS ADMINISTRATI 37.50 X 155395 0 9437 MATTHEW WALES VICE PRESIDENT, MEMBERSHIP, EVENTS & SPEC P 37.50 X 139528 0 10760 JACQUELINE RODRIQUEZ ASSISTANT VICE PRESIDENT 37.50 X 125571 0 16997 KIM METCALF CHAIR, BOARD OF DIRECTORS 1.00 X X 0 0 0 WANDA BLANCHETT IMMEDIATE PAST CHAIR, BOARD OF DIRECTORS 1.00 X X 0 0 0 ANN LARSON CHAIR-ELECT, BOARD OF DIRECTORS 1.00 X X 0 0 0 MICHAEL DANTLEY SECRETARY, BOARD OF DIRECTORS 1.00 X X 0 0 0 ROBERT FLODEN AT-LARGE MEMBER, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 MONIKA WILLIAMS SHEALEY AT-LARGE MEMBER, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 DIANNE MARK UNTIL 22019 AT-LARGE MEMBER, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 RENEE MIDDLETON UNTIL 22019 IMMEDIATE PAST CHAIR, BOARD OF DIRECTORS 1.00 X X 0 0 0 LAURIE MULLEN MEMBER 1.00 X 0 0 0 MARY MURRAY MEMBER 1.00 X 0 0 0 DALE-ELIZABETH PEHRSSON MEMBER 1.00 X 0 0 0 RHONDA PORTER MEMBER 1.00 X 0 0 0 MICHAEL MAHER MEMBER 1.00 X 0 0 0 REYES QUEZADA MEMBER 1.00 X 0 0 0 JENNIE RAKESTRAW MEMBER 1.00 X 0 0 0 ALBERTO RUIZ MEMBER UNTIL 2/2019 1.00 X 0 0 0 ENA SHELLEY MEMBER UNTIL 2/2019 1.00 X 0 0 0 KENT J SMITH JR MEMBER 1.00 X 0 0 0 BETH QUICK MEMBER UNTIL 2/2019 1.00 X 0 0 0 STEPHANIE KNIGHT MEMBER 1.00 X 0 0 0 MARQUITA GRENOT-SCHEYER MEMBER 1.00 X 0 0 0 GAETANE JEAN-MARIE MEMBER 1.00 X 0 0 0 PATRICIA ALVAREZ-MCHATTON MEMBER 1.00 X 0 0 0 KATHLEEN DABOLL-LAVOIE MEMBER 1.00 X 0 0 0 JENNIE CARR MEMBER 1.00 X 0 0 0 JACKIE CRAWFORD MEMBER 1.00 X 0 0 0 JACOB EASLEY II MEMBER 1.00 X 0 0 0 DONALD EASTON-BROOKS MEMBER 1.00 X 0 0 0 CARINE FEYTEN MEMBER 1.00 X 0 0 0 CHRISTOPHER BROWN MEMBER UNTIL 2/2019 1.00 X 0 0 0 768813 0 104782 4 0 1 0 MARCUM LLP 1899 L STREET NW - SUITE 850 WASHINGTON DC 20036 ACCOUNTING/HR OUTSOURCING 225310 SPECTRUM GROUP PRODUCTIONS 4401-A CONNECTICUT AVE NW 170 WASHINGTON DC 20008 CONSULTING SERVICES 201401 HARTMAN EXECUTIVE ADVISORS 1954 GREENSPRING DRIVE SUITE 320 TIMONIUM MD 21093 IT SUPPORT 141578 JANE WEST 4425 WALSH STREET CHEVY CHASE MD 20815 CONSULTING SERVICES 124092 JACQUELINE E KING 4506 WEST VIRGINIA AVE BETHESDA MD 20814 CONSULTING SERVICES 114885 6 396329 396329 MEMBERSHIP DUES 900099 3746723 3746723 MEETINGS AND CONFERENC 900099 839487 839487 PUBLICATIONS 900099 361523 361523 4947733 223871 223871 260 260 185103 177261 7842 7842 7842 WEBSITE ADVERTISING 900004 26975 26975 OTHER INCOME 900099 2419 2419 29394 5605429 4947733 26975 234392 X 580739 295637 285102 1280345 651785 628560 51474 22588 28886 124718 58581 66137 109172 51901 57271 62460 5673 56787 320361 29096 291265 20913 20913 1015538 536388 479150 43171 1505 41666 284642 208451 76191 342158 16571 325587 201798 97470 104328 221927 127453 94474 359321 307024 52297 24810 24810 82705 39947 42758 46641 22528 24113 DUES&SUBSCRIPTIONS 78124 40807 37317 BANK FEES 58378 58378 PROFESSIONAL DEVELOPMEN 53696 29037 24659 HONORARIA 23893 23058 835 26350 -26350 5386984 2591850 2795134 0 2575146 1872171 159335 161632 191750 182951 224823 152899 5525514 3113731 2480010 2411783 3281467 5542741 1815937 1187556 10728468 11511733 240163 407811 3300869 3347967 1121676 896093 4662708 4651871 X 4853490 5472305 1212270 1387557 6065760 6859862 10728468 11511733 218445 575657 0 X 1 X 1 X 1 0 X 5037776 4427537 4345993 4272315 4143052 22226673 1354917 1341248 1398486 1296858 1201010 6592519 6392693 5768785 5744479 5569173 5344062 28819192 0 0 0 28819192 187804 171370 222775 220430 231973 1034352 187804 171370 222775 220430 231973 1034352 26975 26975 22950 38656 4794 57518 2419 126337 6603447 5978811 5972048 5847121 5605429 30006856 0.96040 0.96340 0.03450 0.03140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 676 676 2591174 2591850 279593 69898 0 0 459582 479697 410287 279593 1629159 2443739 20188 34447 12277 676 67588 114896 119924 102572 69898 407290 610935 1129464 58093 1187557 1102150 27314 1129464 1042917 132233 73000 1102150 1010697 58382 26162 1042917 1077997 -52056 15244 1010697 0 0 1065420 1065420 2599884 1386500 1213384 202744 104010 98734 1657466 1623221 34245 2411783 INVESTMENTS HELD FOR ENDOWMENT 1187556 F 1187556 X 6160173 575657 575657 5584516 20913 20913 5605429 5366071 0 5366071 20913 20913 5386984 PART X, LINE 2: THE ASSOCIATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ASSOCIATION QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME THAT IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE ASSOCIATION DID NOT HAVE ANY SIGNIFICANT NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018. THE ASSOCIATION FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. X X X 0 0 0 0 0 0 0 0 0 LYNN GANGONE PRESIDENT & CEO 348319 0 0 0 0 0 48988 0 18600 0 415907 0 0 0 ROWENA WILLIAMS VICE PRESIDENT, FINANCE AND BUSINES 155395 0 0 0 0 0 6946 0 2491 0 164832 0 0 0 MATTHEW WALES VICE PRESIDENT, MEMBERSHIP, EVENTS & 139528 0 0 0 0 0 10449 0 311 0 150288 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO TYPES OF MEMBERS: 1) REGULAR MEMBERS - 4 YEARS HIGHER EDUCATIONAL INSTITUTIONS OR SCHOOLS - INTERESTED IN EDUCATIONAL PROGRAMS. 2) AFFILIATE MEMBERS - ANY OTHER INSTITUTIONS WITH AN INTEREST IN EDUCATIONAL PROGRAMS. FORM 990, PART VI, SECTION A, LINE 7A EACH INSTITUTIONAL REPRESENTATIVE FROM A REGULAR MEMBER INSTITUTION SHALL BE ENTITLED TO CAST ONE VOTE WHEN ELECTING THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B EACH INSTITUTIONAL REPRESENTATIVE FROM A REGULAR MEMBER INSTITUTION (OR A DULY AUTHORIZED SUBSTITUTE FROM THAT MEMBER INSTITUTION) SHALL BE ENTITLED TO CAST ONE VOTE ON EVERY ISSUE (EXCEPT FOR AMENDMENTS TO THE ASSOCIATION'S BYLAWS) CONSIDERED BY THE MEMBERSHIP. IN THE CASE OF BYLAW AMENDMENTS, EACH CHIEF REPRESENTATIVE FROM A REGULAR MEMBER INSTITUTION (OR A DULY AUTHORIZED SUBSTITUTE FROM THAT MEMBER INSTITUTION) SHALL BE ENTITLED TO CASE ONE VOTE. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE 990 WAS COMPLETED BY AN INDEPENDENT ACCOUNTANTS, IT WAS SENT TO ROWENA WILLIAMS (VP OF FINANCE & ADMINISTRATION) FOR REVIEW, ROWENA FORWARDED THE 990 TO LYNN GANGONE (PRESIDENT AND CEO) AND THE BOARD OF DIRECTORS ELECTRONICALLY AND ASKED IF THERE WERE ANY QUESTIONS OR CONCERNS TO CONTACT HER DIRECTLY. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED AS A PART OF THE CONSENT AGENDA PACKAGE (WHICH IS DISTRIBUTED AT THE FEBRUARY ANNUAL MEETING). THE SIGNED FORMS ARE RETURNED DURING THAT MEETING. THE BOARD OF DIRECTORS AND THE EXECUTIVE COMMITTEES MUST SIGN AND DATE THE CONFLICT OF INTEREST POLICY. THE SIGNED AND DATED FORMS ARE REVIEWED BY GAIL BOZENMAN. ONCE THE FORMS ARE SIGNED AND DATED, THEY ARE MAINTAINED AT 1307 NEW YORK AVENUE, NW SUITE 300, WASHINGTON, DC 20005-4701 IN THE OFFICAL GOVERNANCE FILES. A CONFLICT OF INTEREST TRANSACTION IS A TRANSACTION OR ARRANGEMENT WITH AACTE IN WHICH A DIRECTOR OR OFFICER, OR A MEMBER OF HIS OR HER IMMEDIATE FAMILY, HAS A DIRECT OR INDIRECT INTEREST. A CONFLICT-OF-INTEREST SITUATION MAY ARISE IN A VARIETY OF WAYS, BUT MOST OFTEN ARISES WHERE ONE OF THE FOREGOING PERSONS (1) HAS A FINANCIAL INTEREST IN AN ENTITY WITH WHICH AACTE HAS A TRANSACTION OR ARRANGEMENT; (2) SERVES AS AN OFFICER, DIRECTOR, GENERAL PARTNER, OR HAS SOME OTHER SIGNIFICANT INFLUENCE OVER AN ENTITY WITH WHICH AACTE HAS A TRANSACTION OR ARRANGEMENT; OR (3) USES INFORMATION RELATING TO AACTE FOR PERSONAL PROFIT OR ADVANTAGE. WHEN THERE IS A DOUBT AS TO WHETHER ANY CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY A VOTE OF THE BOARD OF DIRECTORS, EXCLUDING THE PERSON WHO IS THE SUBJECT OF THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWED AND DETERMINED THE COMPENSATION. QUATT ASSOCIATIES WAS RETAINED TO CONDUCT A COMPENSATION ANALYSIS AND EVALUATION OF THE CEO. THE EXECUTIVE COMMITTEE WORKED WITH AN INDEPENDENT FIRM TO REVIEW A COMPENSATION PACKAGE AND THIS WAS DISCUSSED IN AN EXECUTIVE SESSION WHERE ALL MEMBERS OF THE EXECUTIVECOMMITTEE AGREED TO THE COMPENSATION PACKAGE. THE TERMS ARE DOCUMENTED IN A CONTRACTUAL AGREEMENT THAT IS DONE IN CONJUNCTION WITH COUNSEL. AN INTERNAL COMPENSATION STRUCTURE BASED ON MARKET INDICES FOR COMPARABLE NON-PROFITS WITH LESS THAN 25 EMPLOYEES AND AN OPERATING BUDGET UNDER $10M. THE SALARY RANGE IS DETERMINED PRIOR TO HIRING BASED ON THE POSITION DESCRIPTION IN CONJUNCTION WITH HR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE LOCATED ON THE ORGANIZATION'S WEBSITE: AACTE.ORG. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE MAIN OFFICE: 1307 NEW YORK AVENUE, NW SUITE 300, WASHINGTON, DC 20005-4701. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 523,051. MANAGEMENT AND GENERAL EXPENSES 345,645. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 868,696. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 4,658. MANAGEMENT AND GENERAL EXPENSES 46,627. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,285. HR AND RECRUITING : PROGRAM SERVICE EXPENSES 8,679. MANAGEMENT AND GENERAL EXPENSES 86,878. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,557.