2015-06-28T05:54:46-05:00 2014-12-31 990 2014-01-01 263698436 Experience Corps EXPE 2024346755 601 E Street NW c/o Tax Department Washington DC 20049 Patricia D Shannon CFO & SVP 2024343399 2015-06-26 2014 2016-03-07 17:11:31Z AARP Experience Corps Lisa Marsh Ryerson 601 E Street NW c/o Tax Department Washington DC 20049 9583112 0 X www.aarp.org/experience-corps/ X 2008 DC Engage older adults aged 50+ as tutors and mentors for children in schools nationwide. 3 2 59 1063 0 0 6108973 8341123 738033 1241261 1234 728 1547 0 6849787 9583112 1854753 2850795 0 0 4832184 5845323 49575 0 371093 1931325 2052907 8667837 10749025 -1818050 -1165913 3609939 2680107 1670435 1906516 1939504 773591 X Experience Corps is organized for the charitable and educational purposes of engaging experienced adults in high-impact community service and leadership activities, and promoting the importance of the contributions that these individuals make to their communities. 0 0 7683507 2850795 1241261 Volunteers age 50+ provide award-winning academic mentoring and tutoring assistance to children in kindergarten through third grade in 22 cities across the country. A research study performed by Washington University in St. Louis shows that students who work with an Experience Corps tutor for a single school year experience more than 60% greater gains in two critical literacy building blocks - sounding out new words and reading comprehension - compared to similar students who were not served by Experience Corps. The program is a proven literacy intervention that serves the neediest children and those who are at the highest risk of academic failure and high-risk behavior.Experience Corps promotes the valuable contributions and impact that the organization's volunteers make to their communities. Evidence-based research studies conducted by Washington University in St. Louis and Johns Hopkins University shows that older Americans can delay or actually reverse brain-aging at a neurological level by tutoring young children in reading and math. 7683507 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 30 0 1 59 1 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA DC IL MD NY PA X X Experience Corps 2024346755 601 E Street NW Washington DC 20049 Martin W Rodgers until 123114 Board Chairman 1.00 X 0 0 0 Phil Zarlengo until 123114 Vice Chairman 1.00 X 0 0 0 Wendy Zenker until 123114 Treasurer 1.00 X 0 0 0 Lisa Marsh Ryerson as of 123114 President / AARP Fdn Pres. 1.00 40.00 X 0 302064 69868 Kathleen Edmond as of 123114 Treasurer 1.00 X X 0 2564 0 Diane Pratt as of 12312014 Secretary 1.00 X X 0 227 0 Lester Strong Ofcr until 123114 Vice President 40.00 X 266778 0 69327 Dana Krug Sec until 123114 Secretary/Mgr Fin & Corp Gov 40.00 X 117471 0 29917 Barbara Quaintance Managing Director 40.00 X 298462 0 69922 Susan Siegel Manager Ed & Evaluation 40.00 X 159905 0 32597 Marisa Jensen Development Director 40.00 X 162774 0 33003 Diane Grigsby Jackson Sr Strategic Pship Advisor 40.00 X 138708 0 45394 Myrna Torres Branch Director - Chicago 40.00 X 129539 0 31094 Libra Johnson Education Strategy Advisor 40.00 X 116857 0 30804 Deborah Jaquith Sr Communications Advisor 40.00 X 115521 0 29569 Kathleen Brennan Research & Evaluation Advisor 40.00 X 115220 0 29607 1621235 304855 471102 14 0 1 0 Smarter Learning Group 4011 Yoke Drive Hampstead MD 21074 Consulting Firm 144000 Robert Half International Inc 2884 Sand Hill Road Ste 200 Menlo Park CA 94025 HR Consulting Firm 117803 2 26172 3255942 3203283 1855726 8341123 School Contract Fees 900099 1241261 1241261 1241261 728 728 9583112 1241261 0 728 1566621 1566621 1284174 1284174 1322364 402336 750164 169864 3706457 2792292 800268 113897 165943 105377 51074 9492 357576 242780 94383 20413 292983 195628 84705 12650 42375 42375 701676 208089 493587 102165 51284 49906 975 105244 102337 2885 22 1583 1583 432004 330190 88417 13397 227204 140084 84727 2393 43087 31035 12052 7574 7574 28462 1171 27291 Printing & Postage 91894 35715 56161 18 Miscellaneous Expenses 91238 87118 4050 70 Telecommunication Expen 85223 79405 4835 983 Volunteer Expenses 36542 36542 56636 20297 9420 26919 10749025 7683507 2694425 371093 X 2491597 1028226 1014461 1490608 98967 68437 9429 20276 59008 83605 3298 3609939 2680107 1409102 1621786 261333 284730 1670435 1906516 X 1716324 732771 223180 40820 1939504 773591 3609939 2680107 -1165913 0 X X 0 1 X 1 1 1 X 3638219 5329626 8559313 6847006 9557968 33932132 3638219 5329626 8559313 6847006 9557968 33932132 10954705 22977427 1239 24235 1234 728 27436 332 400 1547 2279 33961847 0.67660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68437 9429 59008 59008 X 13528490 3945378 3945378 9583112 0 9583112 14694403 3945378 3945378 10749025 0 10749025 Part X, Line 2: For financial statement purposes, Experience Corps is required to record a liability for any material tax position taken which does not meet the minimum thresholds of "more likely than not" to be successful under regulatory challenge. No provision for income taxes has been recorded in 2014 or 2013 since management believes there is no material unrelated business income or material uncertain tax positions requiring the recognition of a liability. 1 Aspiranet 400 Oyster Point Blvd Ste 501 South San Francisco CA 94080 942442955 501(c)(3) 251037 Direct operation of Experience Corps projects Carver Community Organization Inc 400 SE 8th St Evansville IN 47713 350869030 501(c)(3) 88036 Direct operation of Experience Corps projects City of Tempe 20 E Sixth Street Tempe AZ 85281 866000262 501(c)(3) 102519 Direct operation of Experience Corps projects Community Service Society of New York 105 E 22nd St New York NY 10010 135562202 501(c)(3) 217852 Direct operation of Experience Corps projects Generations Incorporated 25 Kingston St 4th Fl Boston MA 02111 043227007 501(c)(3) 503515 Direct operation of Experience Corps projects Greater Cleveland Volunteers 4415 Euclid Ave Ste 200 Cleveland OH 44103 341356768 501(c)(3) 104164 Direct operation of Experience Corps projects Metropolitan Family Services 1808 SE Belmont St Portland OR 97214 930397825 501(c)(3) 117696 Direct operation of Experience Corps projects Volunteers of America - MN 7625 Metro Blvd Minneapolis MN 55439 411554078 501(c)(3) 176802 Direct operation of Experience Corps projects 8 0 Mentoring and Tutoring stipends 1063 1284174 Part I, Line 2: Experience Corps makes distributions to organizations in the form of grants. All grantees are required to sign a grant agreement that acknowledges Experience Corps authority to withhold and/or recover grant funds in case such funds are, or appear to be, misused. The agreement requires the grantee to use the funds only for the purposes of the grant, to return any funds not so expended, and to submit reports to Experience Corps at specified intervals regarding the grantee's progress toward achieving the grant purposes, and an accounting of how grant funds were used. When Experience Corps makes grants to organizations, it keeps appropriate records and case histories to show (1) the name and address of the recipient; (2) the amount distributed to each; (3) the purpose for which the grant was awarded;(4) the manner in which the recipient was selected; (5) the relationship, if any, between the recipient and (A) members, officers, or trustees of the Experience Corps; (B) the grantor or substantial contributor to the Experience Corps or a member of the family of either; and (C) a corporation controlled by a grantor or substantial contributor. X 0 0 0 1 1 0 0 0 0 Lisa Marsh Ryerson as of 123114 President / AARP Fdn Pres. 0 300000 0 0 0 2064 0 51922 0 17946 0 371932 0 0 Lester Strong Ofcr until 123114 Vice President 213220 0 49297 0 4261 0 9907 41522 17898 0 294583 41522 0 0 Barbara Quaintance Managing Director 234475 0 61232 0 2755 0 10400 41522 18000 0 326862 41522 0 0 Susan Siegel Manager Ed & Evaluation 142477 0 13558 0 3870 0 6241 24919 1437 0 167583 24919 0 0 Marisa Jensen Development Director 138570 0 23702 0 502 0 6253 25915 835 0 169862 25915 0 0 Diane Grigsby Jackson Sr Strategic Pship Advisor 127211 0 10855 0 642 0 5414 22049 17931 0 162053 22049 0 0 Myrna Torres Branch Director - Chicago 117477 0 11137 0 925 0 3858 20540 6696 0 140093 20540 0 0 Part I, Line 5 Under AARP's enterprise-wide compensation plan numerous organizational factors are considered in employee compensation, of which gross revenues is one factor. Form 990, Page 2, Part III, Question 3 On January 9, 2015, Experience Corps entered into an agreement with AARP Foundation, an affiliate of AARP, Inc. Under the terms of this agreement, Experience Corps agreed that, during 2015, its program would become a program of AARP Foundation. In addition, Experience Corps agreed that its assets and liabilities would be transferred to AARP Foundation, on a date to be determined by the parties. Following this transfer, Experience Corps will cease operations, but will continue to exist as a separate legal entity. Experience Corps's 2015 financial results will be reported as part of AARP Foundation's consolidated financial statements. Form 990, Part VI, Section A, line 4 ARTICLE II Authority and Duties of Directors Section 2.01 Authority of Directors: The Board of Directors ("the Board") is the policymaking body and may exercise all the powers and authority granted to the Corporation by law. The Board shall oversee the Corporation's operations. Section 2.02 Number of Directors: The Board shall consist of three (3) Directors. Section 2.03 Election and Term of Directors: The members of the Board of Directors of the Corporation shall be the President of AARP Foundation, the Board Chair of AARP Foundation, and the Audit Committee Chair of AARP Foundation. Directors shall serve so long as they hold the stated position within AARP Foundation. Section 2.04 Removal: A Director shall be considered removed from the Board if she or he ceases to hold the stated position within AARP Foundation. Form 990, Part VI, Section B, line 11 As part of the shared services agreement with AARP, the Form 990 for Experience Corps is prepared and reviewed in AARP's internal tax department and reviewed by Experience Corps' Management, and other internal reviewers. The Form 990 is then provided to the Experience Corps Board of Directors. Once all reviews are complete, the return is electronically filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Experience Corps monitors and enforces its conflict of interest policy through board of directors and staff orientations; by written disclosures by Board of Directors and staff; and by requesting for and reporting in meeting minutes any disclosure of real or potential conflicts related to board resolutions so that appropriate steps can be taken, for example, recusal from such decisions. Form 990, Part VI, Section B, line 15 Through its shared services agreement with AARP, Experience Corps participates in AARP's enterprise-wide compensation reviews. AARP has a competitive position in the marketplace that considers relevant for-profit and not-for-profit data since this is the landscape in which AARP and its affiliates compete for talent. Establishing the appropriate compensation for positions and jobs considers external market pricing (where possible) from an independent, third party compensation consulting firm, internal criteria, and an individual's actual performance and contribution. Internal criteria is based on a standard approach that measures the internal value of positions, including: complexity and scope of responsibility, skill set and competencies, education and experience, and the reporting relationship of the position. An individual's actual performance and contribution is measured through AARP's performance management approach and then rewarded through AARP's annual base pay merit and incentive award programs. This process applies to all employees of Experience Corps. Form 990, Part VI, Section C, line 19 Experience Corps makes its audited financial statements available for public inspection on its website and upon request to AARP Foundation's Office of the CFO. Experience Corps makes its Form 990 available for public inspection on its website and upon request to AARP Foundation's Office of the CFO. Form 990, Page 12, Part XI, Question 2c AARP Foundation oversaw the 2014 external audit and issuance of financial statements for Experience Corps. Part VII, Sec A, Officers, Key Employees, and Highest Compensated Employees Experience Corps has a standard 40 hour work week and are the average hours disclosed on Form 990. Officers, key employees, and highest compensated employees often work in excess of that amount. AARP Inc 601 E Street NW Washington DC 20049 951985500 Enhance quality of life for people 50+ DC 501(c)(4) N/A 0 AARP Foundation 601 E Street NW Washington DC 20049 520794300 Foundation dedicated to persons 50+ at social and economic risk DC 501(c)(3) 509(a)(1) AARP 0 Legal Counsel for the Elderly 601 E Street NW Washington DC 20049 521194741 Provide free or low cost legal assistance and education to DC elderly DC 501(c)(3) 509(a)(1) AARP 0 AARP Insurance Plan 601 E Street NW Washington DC 20049 526069387 Grantor trust holding certain AARP group health insurance policies DC 501(c)(4) AARP 0 AARP Financial Services Corporation 601 E Street NW Washington DC 20049 521367607 Real Estate Holding Company DE AARP C 0 AARP Services Inc (consolidated) 650 F Street NW Washington DC 20004 522141065 Quality control and research DE AARP C 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 0 AARP Inc (cash contributions) C 3255942 cash paid AARP Inc (in-kind shared services) M 3694643 allocable costs incurred AARP Inc (in-kind rent) N 188383 costs incurred AARP Inc (telephone) P 1006 costs incurred AARP Foundation (dual employees) P 11215 actual salaries paid AARP Foundation (office space) R 263016 cost