2019-11-13T06:34:20-06:00 2019-06-30 BDO USA LLP 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2018-07-01 840502574 Association Of Governing Boards Of Universities and Colleges % MARIA NAZARETH ASSO 2022968400 1133 20th Street NW Suite 300 Washington DC 20036 HENRY STOEVER PRESIDENT & CEO 2027760814 2019-11-12 true Joyce Underwood P00022361 7038930600 2019-11-12 50.203.122.67 54621820193175000000 2019-11-13 P 59E4D0DB9883C6416E2DC71DC6F1D77838FA21A0 9D37B491AB1CAEBFC8367D392888D1FDB5C2C65F 2018 2020-04-17 16:48:07Z HENRY STOEVER 1133 20th Street NW300 Washington DC 20036 16870944 false X www.agb.org X 1974 DC Dedicated to strengthening the performance of boards of public and private higher education. 19 19 51 341 171148 18087 2514234 871924 10745238 11228880 801372 1813569 174189 318520 14235033 14232893 0 0 0 0 5221726 5588344 0 0 412848 7700871 8782160 12922597 14370504 1312436 -137611 18198909 16997972 5494395 5379332 12704514 11618640 X THE ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES STRENGTHENS, PROTECTS, AND ADVOCATES, ON BEHALF OF CITIZEN TRUSTEESHIP THAT SUPPORTS AND ADVANCES HIGHER EDUCATION. false false 5662211 0 8759561 Meetings, research, and AGB consulting services: the Association provides various workshops, seminars, and institutes for member presidents and trustees in addition to the annual national conference on trusteeship in major cities around the nation. Also, the Association offers a wide range of continuing education opportunities for the boards of member institutions at sites of their own choosing. 1312340 0 1322114 Publications and Digital Solutions: in addition to a regular trusteeship magazine, which is sent directly to its nearly 34,000 individual members five times annually, the association publishes about 100 titles. Some of these publications are sold as e-books. The Association began offering digital solutions in FY 2019. 793174 0 574233 The Department of Government and Public Affairs: The Department's mission is to provide members with knowledge and information regarding state and federal legislation, enhance the effectiveness of higher education advocacy, and represent its members on matters of public policy. It also serves as the press arm of the Association, distributing press releases and fielding calls from the media. 763048 0 552422 GRANT PROGRAMS 763048 0 552422 8530773 true true false true false false false false false false true false false true true true true true false false false false false false false false false false false true false false false false false false false false false false false false false true true false false false true 87 0 true 51 true true true false false false false false false false false false false false X 19 19 false false false false false false false true true false false true true true true true true true true false DC NY X MARIA NAZARETH 2027760814 1130 20TH STREET NW SUITE 300 WASHINGTON DC 20036 David Miles Chair 3.0 0.0 X X 0 0 0 ANGEL MENDEZ SECRETARY 3.0 1.0 X X 0 0 0 ERIC P BLACKHURST DIRECTOR 1.0 1.0 X 0 0 0 NELSON CARBONELL DIRECTOR 1.0 3.0 X 0 0 0 KATHLEEN DORE DIRECTOR 1.0 0.0 X 0 0 0 FRED DUVAL DIRECTOR 1.0 0.0 X 0 0 0 JULIET V GARCIA DIRECTOR 2.0 1.0 X 0 0 0 SHAUNA RYDER DIGGS DIRECTOR/VICE CHAIR 3.0 1.0 X X 0 0 0 CATHY GREER DIRECTOR 1.0 0.0 X 0 0 0 LINDA R GOODEN DIRECTOR 1.0 1.0 X 0 0 0 ELEANOR HORNE DIRECTOR 1.0 0.0 X 0 0 0 MARY K HUGHES DIRECTOR 2.0 0.0 X 0 0 0 JEFFREY HUMBER JR DIRECTOR 2.0 1.0 X 0 0 0 LEO LAMBERT DIRECTOR 1.0 0.0 X 0 0 0 MONROE MILLER DIRECTOR 2.0 0.0 X 0 0 0 ROSS A MUGLER DIRECTOR 1.0 1.0 X 0 0 0 RONALD C PARKER DIRECTOR 1.0 0.0 X 0 0 0 BEVERLY SEAY DIRECTOR/VICE CHAIR 3.0 3.0 X X 0 0 0 HORACIO VALEIRAS DIRECTOR 2.0 1.0 X 0 0 0 DIANNE YU DIRECTOR 1.0 0.0 X 0 0 0 RICHARD D LEGON PRESIDENT 39.0 1.0 X 599873 0 84987 MARIA NAZARETH VICE PRESIDENT 40.0 0.0 X 191415 0 54405 MERRILL SCHWARTZ SENIOR VICE PRESIDENT 40.0 0.0 X 190255 0 67310 MARK KELLY VICE PRESIDENT 40.0 0.0 X 187309 0 38087 TIMOTHY MCDONOUGH VICE PRESIDENT 40.0 0.0 X 218181 0 60986 RICHARD A BEYER PRINCIPAL 1.0 39.0 X 0 376237 53209 RODERICK MCDAVIS PRINCIPAL 1.0 39.0 X 0 309434 55850 JOHN OTTENHOFF INTERIM COO 40.0 0.0 X 104459 0 9741 JAMES HUNDRIESER MANAGING DIRECTOR 40.0 0.0 X 0 303020 23559 PATRICIA KUNKLE VICE PRESIDENT 40.0 0.0 X 12075 0 2149 DEBORAH HODGE CHIEF INFORMATION OFFICER 40.0 0.0 X 0 0 0 KRISTEN HODGE-CLARK VICE PRESIDENT 40.0 0.0 X 97174 0 41202 SUSAN W JOHNSTON EXECUTIVE VICE PRESIDENT & COO 40.0 0.0 X 147635 0 65741 DEBORAH SEYMOUR VICE PRESIDENT 40.0 0.0 X 83012 0 19352 STEPHEN ABBOTT DIRECTOR OF CORP RELATIONS 40.0 0.0 X 127218 0 14320 ELIZABETH ALVARADO ASSOC DIR OF AGB CONSULTING 40.0 0.0 X 107247 0 22733 CRISTIN TOUTSI-GRIGOS DIR PUB POLICY & ST PROGRAMS 40.0 0.0 X 114548 0 29722 ANDREW LOUNDER DIRECTOR OF PROGRAMS 40.0 0.0 X 101564 0 12614 HELEN LEITH DIRECTOR OF HR AND ADMIN 40.0 0.0 X 106622 0 25577 2388587 988691 681544 12 false true false GEORGE P WATT JR 187 IONSBOROUGH ST MT PLEASANT SC 29464 CONSULTING 123750 BLOCHER COMPANY 8400 W MERCER WAY MERCER ISLAND WA 98040 CONSULTING 145120 TERRENCE MACTAGGART 174 GAYTON LN WINTHROP ME 04364 CONSULTING 192813 3 58947 812977 10117 871924 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true false false false false false true 22151 false true 18000 40151 false false Form 990, Schedule C, Part 1-A, Line 1 The organization hired a firm to assist with advocacy efforts. AGB tracked a number of issues during the fiscal year - Particularly those impacting the fiduciary interest of trustees and boards. Of special focus were issues related to the federal budget and appropriations, as well as free speech concerns, and tax issues. AGB also leveraged its policy efforts by working with the higher education community and joined several community letters and statements on issues such as appropriations, tax reform, student loans, and accreditation. 1189673 923693 265980 357393 250410 106983 415542 200178 215364 588327 DEFERRED COMPENSATION INVEST 925580 OTHER ASSETS 52339 977919 0 DEFERRED COMPENSATION 925580 DEFERRED RENT 791004 1716584 X 13324433 -948263 48750 -899513 14223946 8947 8947 14232893 14419254 48750 48750 14370504 14370504 Schedule d, part x, line 2 AGB DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. AGB HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, AGB HAS FILED INTERNAL REVENUE FORM 990 TAX RETURNS AS REQUIRED AND ALL APPLICABLE RETURNS IN THOSE JURISDICTIONS WHERE IT IS REQUIRED. AGB BELIEVES THAT THEY ARE NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2015. FOR THE YEARS ENDED JUNE 30, 2019 AND 2018, THERE ARE NO INTEREST OR PENALTIES RECORDED IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. Schedule d, part xi, line 4b: NET ASSETS TRANSFERRED TO PARENT FROM AGB STRATEGIES. X X true true X X X X X false true false false true false false false false RICHARD D LEGON PRESIDENT 433443 0 152121 0 14309 0 53330 0 31657 0 684860 0 0 0 MARIA NAZARETH VICE PRESIDENT 181863 0 9000 0 552 0 39717 0 14688 0 245820 0 0 0 MERRILL SCHWARTZ SENIOR VICE PRESIDENT 178671 0 10000 0 1584 0 40955 0 26355 0 257565 0 0 0 MARK KELLY VICE PRESIDENT 182309 0 5000 0 0 0 21536 0 16551 0 225396 0 0 0 TIMOTHY MCDONOUGH VICE PRESIDENT 211181 0 7000 0 0 0 28277 0 32709 0 279167 0 0 0 RICHARD A BEYER PRINCIPAL 0 234737 0 52500 0 89000 0 30330 0 22879 0 429446 0 0 RODERICK MCDAVIS PRINCIPAL 0 271886 0 34500 0 3048 0 34959 0 20891 0 365284 0 0 JAMES HUNDRIESER MANAGING DIRECTOR 0 182770 0 0 0 120250 0 18540 0 5019 0 326579 0 0 SUSAN W JOHNSTON EXECUTIVE VICE PRESIDENT & COO 146843 0 792 58530 7211 213376 0 Schedule J Part I Line 1a TRAVEL FOR COMPANIONS - AGB'S PRESIDENT, RICHARD LEGON, HAS A CONTRACT WITH AGB. THE TERMS OF THE CONTRACT STATE THAT THESE EXPENSES SHALL INCLUDE THOSE INCURRED BY MRS. LEGON WHEN SHE IS TRAVELING WITH OR OTHERWISE ASSISTING MR. LEGON IN THE PERFORMANCE OF HIS DUTIES FOR AGB. BUSINESS CLUB DUES ARE PAID FOR MR. LEGON. Schedule J Part I Line 4b 457(B): RICHARD LEGON $18,500, SUSAN JOHNSTON $18,500, MARIA NAZARETH $18,500 AND MERRILL SCHWARTZ $18,500 457(F): SUSAN JOHNSTON RECEIVED A $25,000 CONTRIBUTION TO HER 457(F) PLAN IN 2018. AGB PREVIOUSLY DEFERRED COMPENSATION BENEFIT FOR SUSAN JOHNSTON. SHE LEFT EMPLOYMENT WITH AGB IN 2018 AND FORFEITED THIS BENEFIT. SCHEDULE J, PART I, LINE 5B: THE TOTAL ANNUAL FISCAL YEAR COMPENSATION OPPORTUNITY AVAILABLE TO RICHARD BEYER IS $350,000, COMPRISING A SALARY COMPONENT AND AN INCENTIVE AND CONSULTING FEE COMPONENT. CORPORATION PAYS AN ANNUAL BASE SALARY IN THE AMOUNT OF $245,000. ADDITIONALLY, THE EXECUTIVE SHALL RECEIVE 15% OF THE TOTAL ANNUAL COMPENSATION OPPORTUNITY AS AN INCENTIVE AWARD, AND A MAXIMUM OF 15% OF THE TOTAL ANNUAL COMPENSATION OPPORTUNITY IN CONSULTING FEES FOR SERVICES PROVIDED. INCLUDED IN THE OTHER REPORTABLE COMPENSATION IS AN AMOUNT OF $52,000 PAID IN CONSULTING FEES. IN CALENDAR YEAR 2018, RICHARD BEYER RECEIVED $89,000 IN CONSULTING FEES INCLUDED IN OTHER REPORTABLE COMPENSATION. SCHEDULE J, PART II, LINE 1(B)(II) RETENTION INCENTIVE BENEFIT IN 2017, RICHARD LEGONS DEFERRED COMPENSATION RETIREMENT AND POST-RETIREMENT MEDICAL INSURANCE BENEFITS WERE CONVERTED INTO AN ANNUAL CURRENT INCOME RETENTION INCENTIVE BENEFIT THAT VESTS ANNUALLY PROVIDED THAT HE IS SERVING AS PRESIDENT OF AGB IN ACCORDANCE WITH THE TERMS OF THE AGREEMENT. HE RECEIVED AN ADDITIONAL INCENTIVE DURING THE CALENDAR YEAR THAT IS INCLUDED IN THE AMOUNT REPORTED. Part VI Section A Line 11b FORM 990, PART VI, SECTION B LINE 11 990 Review Process: 1. The Finance office transmits schedules and checklists to the return preparer by September 13, 2019, two months before the due date. 2. The President and Vice President for Finance, conduct an internal review of draft Forms 990 on October 15, 2019. 3. The Vice President for Finance transmits the draft Forms 990 to AGBs Board of Directors by October 18, 2019. 4. The members of the Audit Committee have a week for review, comments and questions (October 21 October 28, 2019) after which the committee meets on a conference call. All members of the board are invited to join the call scheduled for November 1st at 2 p.m. (ET). 5. The review of Form 990 is conducted by the Audit Committee. Participation of all directors is welcome and encouraged. The review begins with the presentation of data to the committee by the Vice President for Finance. Underlying data that supports the returns may be requested by the committee. The committee reviews the returns to ensure they are consistent with the financial statements, the governance questions are answered correctly, the descriptive information reflects the position of AGB, description of the programs are accurate, and the return is complete. 6. The return is finalized(on November 5, 2019) no later than 10 days before the tax deadline, and includes any changes suggested by the Audit Committee. 7. Directors receive an executive summary of changes (if any) electronically prior to filing of the final Form 990. 8. The Chair of the Audit Committee provides a report on the review of the completed Form 990 to the AGB board at its next scheduled meeting (November 15, 2019). Part VI Section A Line 12c Staff: AGB requires that officers and employees will perform their duties conscientiously, honestly, and in accordance with the best interests of the association. AGB officers and employees must not use their position or the knowledge gained as a result of their position for private or personal advantage. Regardless of the circumstances, if officers or employees sense that a course of action they have pursued, are currently pursuing, or are contemplating pursuing may involve them in a conflict of interest with AGB, they should immediately communicate all the facts to his or her supervisor. All staff members will be asked to complete and sign the attached disclosure form on an annual basis. Board of directors: the director having such conflict shall not participate or use any personal influence in the discussion of the subject or make any recommendations regarding the subject. However, the director will briefly state the nature of the conflict and will be expected to answer pertinent questions from the other directors when the director's knowledge of the subject will assist the board. The minutes of any meeting at which the subject involving the conflict is discussed shall reflect that a disclosure was made and that the conflicted director refrained from discussion, except to the extent provided above, and did not vote on the subject. The secretary annually, and at other times on request from any member of the board, shall make available to the members of the board copies of this policy and the statement for disclosing conflicts. Any board member may request a determination from the board as to the existence of a conflict of interest. The board's decision, by majority vote, shall bind the board member and the board. Part VI Section A Line 15a and 15b Process to determine compensation of the president: presidential compensation is determined with the use of comparability data researched by a management/hr consulting firm and discussed by AGB's compensation committee and general counsel. During the process, the president presents a document to the committee outlining his goals and accomplishments for the past year. After review of data and the president's self-assessment, the committee determines whether to approve the compensation process to determine compensation of officers: compensation is determined with the use of comparability data researched by a management/hr consulting firm and discussed by AGB's compensation committee and general counsel. During the process, the president presents a document (or makes verbal presentation) to the committee outlining the goals for the association, accomplishments of the leadership team during the past year and recommendations for salary increases. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS: OWN WEBSITE AND ALSO PROVIDED UPON REQUEST CONFLICT OF INTEREST POLICY: OWN WEBSITE AND ALSO PROVIDED UPON REQUEST FINANCIAL STATEMENTS: PROVIDED UPON REQUEST. FORM 990, PART XII, LINE 2c OVERSIGHT OF AUDIT: THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTANT FEES TOTAL FEES:3710557 FORM 990 PART IX LINE 11G DESCRIPTION:TEMPORARY HELP TOTAL FEES:80593 FORM 990 PART IX LINE 11G DESCRIPTION:PRINTING & DESIGN TOTAL FEES:461481 AGB Strategies 1133 20TH ST NW SUITE 425 WASHINGTON DC 20036 474663821 SEE PART VII DC 501(c)(3) 12A AGB true AGB SEARCH LLC 1133 20TH ST NW SUITE 425 WASHINGTON DC 20036 271963417 SEE PART VII DC AGB C CORP 6081905 1778375 1.00000 true true false true false false true false false false true false false false false true true true false false AGB SEARCH LLC A 151148 FMV AGB SEARCH LLC C 50000 FMV AGB SEARCH LLC F 247000 FMV AGB SEARCH LLC P 50000 FMV AGB SEARCH LLC Q 99913 COST AGB SEARCH LLC O 5000 COST AGB STRATEGIES Q 6510 COST AGB STRATEGIES J 2279 FMV AGB STRATEGIES L 11575 COST AGB STRATEGIES A 10546 FMV AGB STRATEGIES C 8947 FMV FORM 990, SCHEDULE R, PART II, BOX B PRIMARY ACTIVITY: ASSIST COLLEGES AND UNIVERSITIES WITH THEIR BUSINESS MODEL. FORM 990, SCHEDULE R, PART IV, BOX B PRIMARY ACTIVITY: CONDUCT EXECUTIVE LEVEL SEARCHES FOR UNIVERSITIES/COLLEGES.