2015-07-07T14:53:50-05:00 2014-08-31 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2013-09-01 134038907 Council International Study Programs Inc (ISP) COUN 2075534000 300 Fore Street Portland ME 04101 Tim Propp CFO 2075534000 2015-06-22 1 Barbara J McGuan CPA P00219457 2077752387 2015-06-22 2013 2016-02-25 16:41:14Z CIEE International James P Pellow 300 Fore Street Portland ME 04101 125821368 0 X www.ciee.org X 1999 DE The furtherance of international study programs and student and professional intercultural exchange programs. 15 15 397 18 0 0 0 0 103421488 119253797 4216590 2224393 -603002 -567066 107035076 120911124 1693800 1494995 0 0 17330360 20879693 0 0 0 80555557 93481267 99579717 115855955 7455359 5055169 85070785 102449673 43272494 54664548 41798291 47785125 To help people gain understanding, acquire knowledge, and develop skills for living in a globally interdependent and culturally diverse world. 0 0 51517271 1482495 58540557 Council ISP maintains study center programs around the world, offering semester, summer and academic year programs in a variety of subject areas. These programs are jointly sponsored by the academic consortium, an association of almost 310 institutions that endorse these programs to their students. The Council also provides screening, placement, and registration assistance to students seeking to enroll in one of over 150 affiliated programs in over forty-one countries worldwide. 678509 610208 Council ISP provides professional development programs for faculty and administrators, including international faculty development seminars and an annual conference on international education which attracts over 500 participants focusing on various aspects of the field. In addition, Council ISP is part of an association of international education organizations who collectively publish the journal of studies in international education, a quarterly publication of essays and research in the field of international education. 45275539 12500 60103032 The Organization operates various types of work and travel programs which are designed to make it possible for students to visit and become immersed in the cultures of countries other than their home country. These programs are sponsored and supported by the U.S Department of State and are related to the exempt purpose of the Organization. 97471319 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 329 0 1 397 1 0 1 AR AS BE BC BR CI CH CS EZ DR FR GM GH HU IN EI IT JA JO KS MX MO NL PE PL PO RS SG SF SP SW TW TZ TH TU AE IS 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X Tim Propp CFO 2075534060 300 Fore Street Portland ME 04101 Robert E Fallon Chair 1.00 3.00 X X 0 0 0 Thomas Mooney Vice Chair 0.30 0.90 X X 0 0 0 Amb Kenton Keith Past Vice Chair 0.30 0.90 X X 0 0 0 Amb Johnny Young Director 0.30 0.60 X 0 0 0 Burch Ford Director 0.30 0.90 X 0 0 0 Amb Christopher Hill Director 0.30 0.60 X 0 0 0 David Jones Director 0.30 0.90 X 0 0 0 Joel Gallegos Director 0.30 0.90 X 0 0 0 John H Yopp Director 0.30 0.90 X 0 0 0 Kathleen Cheek-Milby Director 0.30 0.90 X 0 0 0 Kathleen Sideli Director 0.30 0.90 X 0 0 0 Kumble Subbaswamy Director 0.30 0.60 X 0 0 0 Larry Schall Director 0.30 0.90 X 0 0 0 Laura Brege Director 0.30 0.90 X 0 0 0 Peter Lighte Director 0.30 0.90 X 0 0 0 William Martens III Director 0.30 0.90 X 0 0 0 Charles Baquet Past Director 0.30 0.90 X 0 0 0 Patti McGill Peterson Past Director 0.30 0.90 X 0 0 0 James P Pellow President & CEO 20.00 20.00 X 385723 0 97571 Timothy Propp CFO/Treasurer/Secretary 20.00 20.00 X 111628 0 7989 Charissa Kerr Past CFO 20.00 20.00 X 101315 0 22202 Jorge Barroso CIO 25.00 15.00 X 224436 0 15168 Brenda J Majeski Senior Vice President 25.00 15.00 X 187216 0 22101 Elizabeth O'Neill Executive Vice President 20.00 20.00 X 182231 0 17024 Nancy Kittredge Vice President 25.00 15.00 X 165610 0 33017 David Fougere Vice President 35.00 5.00 X 214455 0 9583 Philip Simon Vice President 40.00 0.00 X 131084 0 34191 Catharine Scruggs Executive Director 40.00 0.00 X 145903 0 29365 J S Jones Vice President 40.00 0.00 X 134955 0 29089 Adam W Rubin Executive Director 40.00 0.00 X 133035 0 28597 Anna Fincke Vice President 40.00 0.00 X 152404 0 34211 2269995 0 380108 19 0 1 0 Bluewolf 265 Frankline St Suite 1005 Boston MA 02110 Consulting 575700 BrandLogic 122 W 27th Street 9th Floor New York NY 10001 Marketing/Consulting 375000 Custom House Square Condo Association One Canal Plaza Portland ME 04101 Property Management 312000 JS McCarthy 15 Darin Drive Augusta ME 04330 Marketing/Consulting 225000 Elderhostel 11 Avenue de Lafayette Boston MA 02111 Travel Services 170000 9 International Study Fees 611710 118955269 118955269 Membership Fees 611710 298528 298528 119253797 632362 632362 6502275 4910244 1592031 1592031 1592031 Foreign Exchange Gain 900099 1274485 1274485 Forward Contracts Exc Loss 900099 -1841551 -1841551 -567066 120911124 119253797 0 1657327 1494995 1494995 1797269 1167517 629752 15363489 9731083 5632406 359350 143003 216347 2420127 1808826 611301 939458 674640 264818 637765 637765 136330 136330 121603 121603 129395 129395 501878 124903 376975 3894395 3621476 272919 4787394 1586716 3200678 768084 46216 721868 354554 74775 279779 1997806 1280833 716973 1308233 810020 498213 212005 212005 3159676 3159676 165791 165791 Site Expenses 75073775 74618922 454853 Abandonment of Fixed As 204450 204450 Bad Debt 28133 28133 115855955 97471319 18384636 0 3773528 4282907 23467946 23052176 737345 8366012 2298 6058713 4684047 27588088 8321091 17918147 19266997 22158346 23003598 10956760 19791638 85070785 102449673 8051447 21984268 29303187 27358685 5917860 5321595 43272494 54664548 X 41798291 47785125 41798291 47785125 85070785 102449673 X 5055169 1046624 -114959 X 0 1 X 1 0 X 83422165 88967126 93236815 103421488 119253797 488301391 83422165 88967126 93236815 103421488 119253797 488301391 0 0 0 488301391 442135 528095 593896 515785 632362 2712273 442135 528095 593896 515785 632362 2712273 490378 -603002 -567066 -679690 83864300 89495221 94321089 103334271 119319093 490333974 0.99590 0.99090 0.00550 0.00550 X Schedule A, Part III, Line 12 Other Income: 2013: Foreign exchange loss - ($567,066) 2012: Foreign exchange loss - ($604,502) Other revenue - $1,500 2011: Foreign exchange gain - $490,378 0 0 0 0 0 0 0 0 1 121603 121603 0 Part II-B, Line 1: Part II-B, Line 1(i) - Total represents fees paid to a consulting group which lobbied the United States Congress on issues relevant to the Organization. 17612177 4053478 13558699 1417610 819926 597684 2261623 946827 1314796 6296678 2500860 3795818 19266997 Security Deposit 127256 Program Advances 3728589 Due from Affiliates 15919442 FX Contracts 16351 19791638 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 5 40 Program Services Study abroad programs for students 2912000 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 10 54 Program Services Study abroad programs for students 8195000 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 24 122 Program Services Study abroad programs for students 32230000 Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 3 18 Program Services Study abroad programs for students 4270000 Russia & the Newly Independent States - Armenia, Azerbijan, Belarus, 1 9 Program Services Study abroad programs for students 1940000 South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 7 39 Program Services Study abroad programs for students 7130000 South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, 2 5 Program Services Study abroad programs for students 760000 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina, Faso, 6 28 Program Services Study abroad programs for students 6170000 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, Investments -1963832 Europe (Including Iceland & Greenland) Investments 8397243 Central America and the Caribbean Investments 100015 58 315 0 0 58 315 63607000 6533426 70140426 1 0 1 0 1 0 1 Global Access Initiative (GAIN) Reward - this grant was created to help students overcome major barriers to study abroad, namely costs and curriculum requirements. GAIN aids in the diversification of study abroad by providing overseas opportunities for students who are economically challenged, from diverse backgrounds, or from underrepresented fields of study. For Summer 2013, the GAIN Reward was offered. The GAIN Rewards were developed to help provide grants to further assist students who are selected as awardees by the highly respected, national Benjamin A. Gilman and David L. Boren Scholarship for International Study or the Benjamin A. Gilman International Scholarship, and have greater than $1,000 in outstanding, documented financial need. 567 1073395 CIEE's Language Intensive Focus Track (LIFT) Scholarship Program commits $100,000 annually to help fund the extended study of single world language by today's top college and university students. At CIEE, we believe that extended language development plays a critical role in students' preparation for living and working in an increasingly globalized and interdependent world. Our goal for the LIFT Scholarship Program is to enable dedicated students to study abroad for a full year, an important element in language acquisition and an option that is becoming more difficult for students to access each year. 48 90000 Global Architecture and Design Scholarship - For students of architecture, design, or engineering who want to attend an architecture and design program in Barcelona, Berlin, Prague, or New York City. Recipients are granted up to $2,500 each. 37 331600 Part I, Line 2: The Organization provides the funds to the students or directly applies them to their CIEE fees. In all instances, the work recipient is monitored throughout the year to ensure the funds are being used for their intended purposes. X 1 1 X X X X X X 0 1 0 0 0 0 0 1 0 James P Pellow President & CEO 374620 0 0 0 11103 0 75250 0 22321 0 483294 0 0 0 Jorge Barroso CIO 207107 0 0 0 17329 0 0 0 15168 0 239604 0 0 0 Brenda J Majeski Senior Vice President 186590 0 0 0 626 0 854 0 21247 0 209317 0 0 0 Elizabeth O'Neill Executive Vice President 181367 0 0 0 864 0 9083 0 7941 0 199255 0 0 0 Nancy Kittredge Vice President 164460 0 0 0 1150 0 8625 0 24392 0 198627 0 0 0 David Fougere Vice President 213486 0 0 0 969 0 0 0 9583 0 224038 0 0 0 Philip Simon Vice President 96327 0 34268 0 489 0 6684 0 27507 0 165275 0 0 0 Catharine Scruggs Executive Director 124710 0 20250 0 943 0 6563 0 22802 0 175268 0 0 0 J S Jones Vice President 109876 0 24250 0 829 0 5846 0 23243 0 164044 0 0 0 Adam W Rubin Executive Director 122185 0 10250 0 600 0 6406 0 22191 0 161632 0 0 0 Anna Fincke Vice President 116794 0 35250 0 360 0 6417 0 27794 0 186615 0 0 0 Part I, Line 1a In certain circumstances, spouses are required to travel with applicable members of the Organization due to certain business/cultural requirements. The spouses participate in the activities of the Organization when traveling. Part I, Line 4b James P. Pellow, President & CEO, participates in a supplemental non-qualified retirement plan as described in the Internal Revenue Code Section 457(f), and $62,500 was deferred on his behalf to the plan during FY 8/31/14. Part I, Line 7 The organization has a discretionary bonus program that is based on the achievement of a combination of financial and non-financial goals. Timothy Propp Travel Advance X 100 100 0 0 0 Anna Finke Travel Advance X 2198 2198 0 0 0 2298 Form 990, Part VI, Section A, line 6 The sole member of the Corporation is CIEE, Inc., a Delaware corporation. On August 31, 2014, at the end of the business day, CIEE, Inc. was dissolved and all programs and activities were merged into Council, International Study Programs Inc. (ISP). Effective September 1, 2014, International Study Programs Inc. (ISP) changed its name to CIEE, Inc. Form 990, Part VI, Section A, line 7a Members of the Board of Directors of CIEE are elected by the Membership. Every member of CIEE has a voting representative. The Board nominates people to the Board and the Membership elects them via vote of the voting representatives. Form 990, Part VI, Section B, line 11 The 990 Form is prepared by an independent public accounting firm from materials of the Organization provided by management. A copy of the Form 990 is shared with the entire board before filing on an annual basis. A draft of the 990 is reviewed by the CEO, the CFO, and Controller and then reviewed with the Board Executive and Audit Committees prior to filing. Form 990, Part VI, Section B, line 12c The Board of Directors, officers and key employees are required to sign and date, on an annual basis, a Conflict of Interest Statement which discloses any potential conflicts of interest. As of this writing, no such conflicts exist. Form 990, Part VI, Section B, line 15 The Organization commissions a compensation study at least every five years regarding compensation paid to the CEO as well as other officers and key employees. This study is comprehensive in nature and includes comparative data. There is also an annual goal setting and performance appraisal process for all officers and key employees. These are discussed and reviewed by the Executive Committee of the Board of Directors. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy & financial statements are made available to the public upon request Form 990, Part XI, line 9: Change in Investment in Joint Venture -114,959. Berlin Global Campus LLC 161 Avenue of the Americas 13th Flo New York NY 10013 462964888 Exchange Programs DE 0 0 Council International Study Programs Inc CIEE Real Estate Holdings LLC 300 Fore Street Portland ME 04101 Real Estate Holding Company DE 0 0 Council International Study Programs Inc CIEE Inc 300 Fore Street Portland ME 04101 510414702 Parent Company DE 501(c)(3) Line 11b, II N/A 0 CIEE Ping Foundation 300 Fore Street Portland ME 04101 201698494 Scholarship and Advocacy DE 501(c)(3) Line 11a, I CIEE Inc 0 Council on International Educational Exchange 300 Fore Street Portland ME 04101 135619649 HS Inbound programs and grants NY 501(c)(3) Line 9 CIEE Inc 0 CIEE Exchanges Inc 300 Fore Street Portland ME 04101 364528417 Inactive DE CIEE Inc C 0 CIEE-Japan Cosmos Aoyama 5-53-67 Jingumae Shibuya-ku Tokyo JA 150-8355 Language Testing Programs & Exchange Programs JA CIEE Inc C 0 CIEE Educational Information Consulting Co LTD Shanghai Industrial Investmt Bld Shanghai HK 200030 Exchange Programs HK Council International Study Programs Inc C 534121 365959 1.00000 1 0 1 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 CIEE-Japan E 994642 Cash value