2012-05-08T11:24:26-05:00 2011-06-30 DIXON HUGHES GOODMAN LLP 1410 SPRING HILL ROAD STE 500 TYSONS VA 22102 990 2010-07-01 521125164 NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES NATI 2027858866 1025 CONNECTICUT AVENUE NW NO 700 WASHINGTON DC 200365420 DAVID L WARREN 2027858866 2012-05-04 1 DAVID L JOHNSON 7039700400 2010 2016-02-24 21:20:13Z DAVID L WARREN 1025 CONNECTICUT AVENUE NW NO 700 WASHINGTON DC 200365420 5547261 0 X WWW.NAICU.EDU X 1976 DC THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES & UNIVERSITIES (NAICU) SERVES AS THE UNIFIED NATIONAL VOICE OF INDEPENDENT HIGHER EDUCATION. SINCE 1976, THE ASSOCIATION HAS REPRESENTED PRIVATE COLLEGES AND UNIVERSITIES ON POLICY ISSUES WITH THE FEDERAL GOVERNMENT, SUCH AS THOSE AFFECTING STUDENT AID, TAXATION, AND GOVERNMENT REGULATION. THE NAICU STAFF MEETS WITH POLICY MAKERS, TRACKS CAMPUS TRENDS, CONDUCTS RESEARCH, ANALYZES HIGHER EDUCATION ISSUES, PUBLISHES INFORMATION, HELPS COORDINATE STATE-LEVEL ACTIVITIES, AND ADVISES MEMBERS OF LEGISLATIVE AND REGULATORY DEVELOPMENTS WITH POTENTIAL IMPACT ON THEIR INSTITUTIONS. 44 44 21 0 0 0 0 0 4921682 5138220 -3022 -21734 79970 64500 4998630 5180986 0 0 0 0 3772976 3814631 0 0 0 1287644 1444119 5060620 5258750 -61990 -77764 6937830 6344319 3641953 2375116 3295877 3969203 X THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES & UNIVERSITIES (NAICU) SERVES AS THE UNIFIED NATIONAL VOICE OF INDEPENDENT HIGHER EDUCATION. SINCE 1976, THE ASSOCIATION HAS REPRESENTED PRIVATE COLLEGES AND UNIVERSITIES ON POLICY ISSUES WITH THE FEDERAL GOVERNMENT, SUCH AS THOSE AFFECTING STUDENT AID, TAXATION, AND GOVERNMENT REGULATION. THE NAICU STAFF MEETS WITH POLICY MAKERS, TRACKS CAMPUS TRENDS, CONDUCTS RESEARCH, ANALYZES HIGHER EDUCATION ISSUES, PUBLISHES INFORMATION, HELPS COORDINATE STATE-LEVEL ACTIVITIES, AND ADVISES MEMBERS OF LEGISLATIVE AND REGULATORY DEVELOPMENTS WITH POTENTIAL IMPACT ON THEIR INSTITUTIONS. 0 0 1149437 RESEARCH - GATHERING, ANALYZING, AND DISTRIBUTING INFORMATION IN SUPPORT OF ALL ASSOCIATION ACTIVITIES. 925466 PUBLIC RELATION ACTIVITIES - IMPLEMENTS A COMPREHENSIVE PUBLIC AFFAIRS PROGRAM TO ENHANCE PUBLIC UNDERSTANDING OF INDEPENDENT HIGHER EDUCATION. 1946952 GOVERNMENT RELATION ACTIVITIES - REPRESENTING U.S. INDEPENDENT COLLEGES AND UNIVERSITIES ON PUBLIC POLICY ISSUES WITH GOVERNMENTAL INSTITUTIONS. 707413 MEMBERSHIP ACTIVITIES - INFORMING COLLEGES AND UNIVERSITIES OF ASSOCIATION CONCERNS AND RESPONDING TO MEMBERSHIP INQUIRIES 707413 4729268 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 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 1 0 0 0 0 1 20 0 1 21 1 0 0 0 0 0 0 0 0 0 0 X 44 44 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X LINDA ALLISON 2027858866 1025 CONNECTICUT AVENUE NW NO 700 WASHINGTON DC 200365420 DR JOHN E BASSETT 1.00 X 0 0 0 DR JOSEPH J MCGOWAN 1.00 X 0 0 0 DR VICTOR J BOSCHINI JR 1.00 X 0 0 0 DR DEBRA M TOWNSLEY 1.00 X 0 0 0 REV JONATHAN DEFELICE 1.00 X 0 0 0 SR MARY EILEEN O'BRIAN 1.00 X 0 0 0 MS RUTH A KNOX 1.00 X 0 0 0 DR STEPHEN G JENNINGS 1.00 X 0 0 0 DR LANNY HALL 1.00 X 0 0 0 DR CARL E ZYLSTRA 1.00 X 0 0 0 DR JOANNE BOYLE 1.00 X 0 0 0 MR MARK D GEARAN 1.00 X 0 0 0 DR ELAINE TUTTLE HANSEN 1.00 X 0 0 0 REV BRIAN J SHANLEY 1.00 X 0 0 0 DR BAIRD TIPSON 1.00 X 0 0 0 DR MARY PAT SEURKAMP 1.00 X 0 0 0 DR PEYTON R HELM 1.00 X 0 0 0 DR WILLIAM T GREER JR 1.00 X 0 0 0 DR DANIEL J CAREY 1.00 X 0 0 0 DR ROGER PARROTT 1.00 X 0 0 0 DR R ALTON LACEY 1.00 X 0 0 0 DR THOMAS L HELLIE 1.00 X 0 0 0 DR JENNIFER L BRAATEN 1.00 X 0 0 0 DR JOHN J DEGIOIA 1.00 X 0 0 0 DR LARRY L EARVIN 1.00 X 0 0 0 DR PAMELA JOLICOEUR 1.00 X 0 0 0 DR MARY ELLEN JUKOSKI 1.00 X 0 0 0 MR RICHARD A LEVAO 1.00 X 0 0 0 DR PAMELA BALCH 1.00 X 0 0 0 DR TRUDIE KIBBE REED 1.00 X 0 0 0 SR ROSE MARIE KUJAWA 1.00 X 0 0 0 DR DAVID BURKS 1.00 X 0 0 0 DR JANET S PHILIPP 1.00 X 0 0 0 DR FREDERIK OHLES 1.00 X 0 0 0 REV ROBERT B LAWTON SJ 1.00 X 0 0 0 DR MARY E LYONS 1.00 X 0 0 0 DR GEORGE S BRIDGES 1.00 X 0 0 0 DR NATHAN HATCH 1.00 X 0 0 0 DR MARY J MEEHAN 1.00 X 0 0 0 DR JOHN SEXTON 1.00 X 0 0 0 DR DENNIS D BERKEY 1.00 X 0 0 0 DR TODD S HUTTON 1.00 X 0 0 0 DR DALE T KNOBEL 1.00 X 0 0 0 DR W WAYNE GARDNER 1.00 X 0 0 0 DR G BLAIR DOWDEN 1.00 X 0 0 0 DR R GERALD TURNER 1.00 X 0 0 0 DR JAMES E COLLINS 1.00 X 0 0 0 DR PHILLIP W EATON 1.00 X 0 0 0 DR CORNELIUS M KERWIN 1.00 X 0 0 0 DR ELIZABETH KISS 1.00 X 0 0 0 DR JOHN A ROUSH 1.00 X 0 0 0 DR EILEEN WILSON-OYELARAN 1.00 X 0 0 0 MS VIOLET A BOYER 1.00 X 0 0 0 MS TINA M BJAREKULL 1.00 X 0 0 0 DR CLAUDE PRESSNELL 1.00 X 0 0 0 MS JUDITH B GREIMAN 1.00 X 0 0 0 DR WANDA A BOYER 1.00 X 0 0 0 MR WILLIAM O BARRETT 1.00 X 0 0 0 MR GARY LUHR 1.00 X 0 0 0 DR MYRVIN CHRISTOPHERSON 1.00 X 0 0 0 CHRIS SIMMONS 1.00 X 0 0 0 SCOTT SUDDUTH 1.00 X 0 0 0 CAMERON P TAYLOR 1.00 X 0 0 0 SHARON COURTNEY 1.00 X 0 0 0 DAVID L WARREN 40.00 X 2138785 0 139274 FRANK BALZ 40.00 X 219388 0 36879 SARAH FLANAGAN 40.00 X 247560 0 68679 ROLAND KING 40.00 X 198603 0 46191 SUSAN HATTAN 40.00 X 152173 0 16671 DEBORAH REILLY 40.00 X 114279 0 26014 3070788 0 333708 10 0 1 0 0 MEMBERSHIP DUES 900099 4951068 4951068 ANNUAL MEETING 900099 164512 164512 WORKSHOP AND PUBS 900099 22640 22640 5138220 39541 39541 305000 366275 -61275 -61275 -61275 SPONSORSHIPS 900099 64500 64500 64500 5180986 5202720 0 -21734 622703 435892 186811 2195765 2038849 156916 219481 203555 15926 599118 532841 66277 177564 154044 23520 83021 82035 986 19557 16859 2698 20500 9430 11070 197579 189912 7667 115075 110906 4169 457955 421039 36916 82256 79444 2812 305856 295479 10377 5281 4859 422 23579 21693 1886 NAICUSE EXPENSES 81525 81525 SUBSCRIPTIONS & MEMBERS 51097 50068 1029 STAFF RECRUITMENT 838 838 5258750 4729268 529482 0 2526737 2543285 54150 259 132039 87043 449834 384629 12064 65205 3175586 3595278 1037254 53249 6937830 6344319 303905 463252 1689156 1761077 1648892 150787 3641953 2375116 X 3269367 3942693 26510 26510 3295877 3969203 6937830 6344319 X -77764 751090 X X 0 1 1 X 0 X 4456964 4751298 5100988 4821128 4951068 24081446 199439 171069 197802 180524 187152 935986 4656403 4922367 5298790 5001652 5138220 25017432 0 0 0 25017432 295537 274513 195198 291900 104040 1161188 295537 274513 195198 291900 104040 1161188 4951940 5196880 5493988 5293552 5242260 26178620 0.95560 0.94950 0.04440 0.05050 X 0 295592 295592 4963158 5258750 412938 103235 0 0 407528 417978 403031 412938 1641475 2462213 418049 303247 347444 295592 1364332 101882 104495 100758 103235 410370 615555 49050 49050 0 169140 161654 7486 231644 173925 57719 65205 DEFERRED COMPENSATION 150787 150787 5180986 5258750 -77764 751090 751090 673326 5932076 751090 751090 5180986 0 5180986 5258750 0 5258750 0 5258750 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: NAICU IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ON INCOME OTHER THAN UNRELATED BUSINESS INCOME; ACCORDINGLY THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL OR STATE INCOME TAXES. THE ASSOCIATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2011. YEARS ENDING ON OR AFTER JUNE 30, 2008 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. THE ASSOCIATION IS SUBJECT TO AN EXCESS LOBBYING TAX IN CONJUNCTION WITH ITS ANNUAL LOBBYING EXPENDITURES. NO EXCESS LOBBYING TAX WAS INCURRED FOR 2011 OR 2010. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DAVID L WARREN 454500 0 18072 0 1666213 0 98699 0 43289 0 2280773 0 1648930 0 FRANK BALZ 219388 0 0 0 0 0 22339 0 17254 0 258981 0 0 0 SARAH FLANAGAN 247560 0 0 0 0 0 24500 0 45569 0 317629 0 0 0 ROLAND KING 198603 0 0 0 0 0 20364 0 28541 0 247508 0 0 0 SUSAN HATTAN 152173 0 0 0 0 0 15253 0 4132 0 171558 0 0 0 PART I, LINE 1A THE PRESIDENT IS ENTITLED TO REIMBURSEMENT FOR ALL REASONABLE AND PROPERLY SUBMITTED EXPENSES INCURRED IN CONNECTION WITH ATTENDANCE OF THE PRESIDENT'S WIFE AT THE ASSOCIATION'S ANNUAL MEETING, THE ANNUAL STATE EXECUTIVES MEETING, AND ANOTHER MEETING OR CONFERENCE FOR WHICH THE CHAIRMAN HAS GIVEN HIS WRITTEN CONSENT. THE SPOUSE TRAVEL EXPENSES ARE REVIEWED AND APPROVED BY THE CHAIRMAN OF THE BOARD ONCE TRAVEL IS COMPLETE. COMPENSATION REPORTED IN COLUMN F OF SCHEDULE J, PART II REFLECTS DEFERRED COMPENSATION EARNED OVER A SEVENTEEN YEAR PERIOD BY THE ASSOCIATION'S PRESIDENT AND PAID DURING THE CURRENT YEAR. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. THERE SHALL BE THREE CATEGORIES OF VOTING MEMBERS OF THE ASSOCIATION, AND ONE CATEGORY OF NON-VOTING MEMBERS AS FOLLOWS: A) INDEPENDENT NONPROFIT INSTITUTIONS OF HIGHER EDUCATION THAT ARE LOCATED WITHIN THE TERRITORIAL JURISDICTION OF THE UNITED STATES, AND THAT ARE RECOGNIZED BY A NATIONAL OR REGIONAL ACCREDITING GROUP THAT IS RECOGNIZED BY THE COUNCIL ON HIGHER EDUCATION ACCREDITATION, OR ARE MEMBERS OF A STATE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (HEREAFTER REFERRED TO AS "MEMBER INSTITUTIONS"); B) STATE ASSOCIATIONS OF INDEPENDENT COLLEGES AND UNIVERSITIES (HEREAFTER REFERRED TO AS "MEMBER ASSOCIATIONS"). ONLY ONE STATE ASSOCIATION SHALL BE RECOGNIZED FROM EACH STATE FOR PURPOSES OF REGULAR NAICU MEMBERSHIP, WHICH SHALL BE THE PRIMARY STATE ASSOCIATION REPRESENTING INDEPENDENT COLLEGES AND UNIVERSITIES IN THAT STATE, AND; C) NATIONAL, REGIONAL, OR OTHER SPECIAL-PURPOSE ASSOCIATIONS OF INDEPENDENT NONPROFIT COLLEGES AND UNIVERSITIES (HEREAFTER REFERRED TO AS "MEMBER ASSOCIATIONS"). D) COLLEGES AND UNIVERSITIES THAT ARE LOCATED OUTSIDE THE TERRITORIAL JURISDICTION OF THE UNITED STATES AND MEET NAICU'S OTHER MEMBERSHIP REQUIREMENTS, I.E. THE INSTITUTIONS ARE INDEPENDENT, NONPROFIT, AND ACCREDITED BY A NATIONAL OR REGIONAL GROUP THAT IS RECOGNIZED BY THE COUNCIL ON HIGHER EDUCATION ACCREDITATION. THESE SHALL BE NON-VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS SHALL CONSIST OF FORTY-FOUR MEMBERS; THE PRESIDENT SHALL BE AN EX OFFICIO MEMBER OF THE BOARD WITHOUT VOTE. TWENTY-FOUR DIRECTORS, WHO SHALL BE CHIEF EXECUTIVE OFFICERS OF MEMBER INSTITUTIONS, SHALL BE ELECTED DIRECTLY BY THE MEMBERSHIP; TWELVE DIRECTORS, WHO SHALL BE CHIEF EXECUTIVE OFFICERS OF MEMBER INSTITUTIONS, SHALL BE ELECTED BY THE TWENTY-FOUR DIRECTLY ELECTED DIRECTORS; THE CHAIR OF THE SECRETARIAT SHALL BE EX OFFICIO MEMBER OF THE BOARD WITH VOTE; ONE ADDITIONAL MEMBER OF THE SECRETARIAT SHALL BE RECOMMENDED TO THE BOARD BY THE SECRETARIAT AND RATIFIED BY THE BOARD WITH VOTE; THREE MEMBERS OF THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGE AND UNIVERSITY STATE EXECUTIVES SHALL BE RECOMMENDED TO THE BOARD BY THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGE AND UNIVERSITY STATE EXECUTIVES AND RATIFIED BY THE BOARD WITH VOTE; THE CHAIR OF THE BOARD SHALL SERVE A FOURTH YEAR ON THE BOARD, AND THE PAST CHAIR SHALL SERVE A FIFTH YEAR. THREE NON-PRESIDENTS FROM MEMBER INSTITUTIONS ALSO PARTICIPATE IN BOARD DELIBERATIONS WITHOUT VOTE. FORM 990, PART VI, SECTION A, LINE 7B AT ANY DULY CONSTITUTED MEETING OF THE BOARD OF DIRECTORS, A TWO-THIRDS VOTE OF THE PRESENT DIRECTORS MAY AMEND THE BYLAWS. SUCH AMENDMENT IS SUBJECT TO RATIFICATION BY THE MEMBERS AT THE NEXT ANNUAL MEETING. THE BOARD ALSO HAS THE POWER TO PROPOSE MEMBERSHIP DUES WHICH ARE SUBJECT TO THE APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 SHALL BE PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO FILING. WRITTEN REVIEW COMMENTS ARE FORWARD TO MANAGEMENT AND CONCERNS WERE SUBSEQUENTLY ADDRESSED BY THE CPA FIRM. AFTER FILING, A COPY IS PROVIDED TO ALL MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EVERY FEBRUARY AT THE NAICU ANNUAL MEETING, EACH BOARD MEMBER RECEIVES NAICU'S CONFLICT OF INTEREST POLICY AND IS ASKED TO REVIEW AND STIPULATE (A) NO CONFLICT(S) EXISTS OR (B) POSSIBLE CONFLICT(S) EXISTS. THE STATEMENT IS REVIEWED BY NAICU'S PRESIDENT, DATED AND INITIALED. IF THE PRESIDENT IDENTIFIES A POSSIBLE CONFLICT, IT IS PRESENTED AT THE BOARD MEETING. IF THE MAJORITY DEEMS A CONFLICT, THE BOARD MEMBER IS ASKED TO RECUSE HIMSELF. TO DATE, NO CONFLICTS HAVE BEEN IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 CONDUCTED BY QUATT ASSOCIATES, NAICU PARTICIPATES IN AN ANNUAL WASHINGTON HIGHER EDUCATION SECRETARIAT COMPENSATION AND BENEFITS SURVEY. IN 2009, THIS SURVEY INCLUDED 44 ORGANIZATIONS. THAT SURVEY IS FURTHER BROKEN DOWN INTO A SPECIAL CUT, CONSISTING OF EIGHT ORGANIZATIONS WHICH MOST CLOSELY RESEMBLE NAICU IN STRUCTURE, MISSION, AND GOVERNANCE. THE DATA AND RESULTS FROM THIS CUT ARE FORWARDED TO NAICU'S PRESIDENT WHO THEN FORWARDS IT TO NAICU'S COMPENSATION COMMITTEE - THE CHAIR, VICE CHAIR, AND PAST CHAIR. THIS COMMITTEE IS TASKED WITH THE AUTHORITY TO DETERMINE COMPENSATION FOR THE PRESIDENT AND THREE VICE PRESIDENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 751,090. FINANCIAL STATEMENTS AND REPORTING FORM 990, PART XI, LINE 2C THE AUDIT COMMITTEE PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED. CORPORATION FOR INDEPENDENT HIGHER EDUCATION 1025 CONNECTICUT AVE NW STE 700 WASHINGTON DC 20036 521118295 NOT CURRENTLY FUNCTIONING DC 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0