2012-05-04T08:47:40-05:00 2011-06-30 MCGLADREY & PULLEN LLP 8000 TOWERS CRESCENT DR STE 500 VIENNA VA 221826205 990 2010-07-01 621469595 ASSOCIATION OF PRIVATE SECTOR COLLEGES AND UNIVERSITIES ASSO 2023366700 1101 CONNECTICUT AVENUE NW NO 900 WASHINGTON DC 20036 STEVE GUNDERSON 2023366700 2012-04-30 1 YONG ZHANG CPA 7033366400 2010 2016-02-24 21:20:13Z STEVE GUNDERSON 1101 CONNECTICUT AVENUE NW NO 900 WASHINGTON DC 20036 45384536 0 X WWW.APSCU.ORG X 1991 DC THE ASSOCIATION OF PRIVATE SECTOR COLLEGES AND UNIVERSITIES (THE ASSOCIATION) IS AN ORGANIZATION OF PRIVATE, POST-SECONDARY CAREER COLLEGES, SCHOOLS, AND OTHER ENTITIES ESTABLISHED TO FOSTER POLICIES THAT ENSURE EQUITABLE ACCESS FOR STUDENTS TO QUALITY CAREER AND SKILL EDUCATION, THAT ENABLE CAREER COLLEGES TO GROW AND PROSPER, AND THAT HELP THE NATION ATTAIN A MORE GLOBALLY COMPETITIVE 21ST CENTURY WORKFORCE. 17 17 49 0 337706 67492 0 0 8484895 20881205 199676 311862 387051 106415 9071622 21299482 21100 27500 0 0 3669693 4990318 0 0 0 5005974 21336412 8696767 26354230 374855 -5054748 11037530 7046480 6159008 7037413 4878522 9067 APSCU IS THE PREMIER SOURCE OF CRUCIAL INFORMATION AND PUBLIC POLICY RECOMMENDATIONS THAT PROMOTE ACCESS TO CAREER EDUCATION AND THE IMPORTANCE OF WORKFORCE DEVELOPMENT. 0 0 GOVERNMENT AFFAIRS: PROVIDED LEGISLATIVE FEDERAL AND STATE ADVOCACY ON ISSUES RELATING TO POSTSECONDARY ACCESS, AFFORDABILITY AND ACCOUNTABILITY; FAIR TREATMENT FOR SECTION 102 INSTITUTIONS IN OTHER FEDERAL PROGRAMS; WORKED FOR REASONABLE REGULATION AND REGULATORY OVERSIGHT AT THE FEDERAL AND STATE LEVELS; AND LED GRASSROOTS MOBILIZATION EFFORTS AIMED AT GAINING WIDESPREAD PARTICIPATION OF APSCU MEMBERS IN ADVOCACY OUTREACH. COMMUNICATIONS: WORKED TO ADVANCE THE IMAGE, REPUTATION AND PERCEPTION OF THE CAREER COLLEGE SECTOR THROUGH A WIDE VARIETY OF OUTREACH EFFORTS, PROGRAMS AND CHANNELS; MAINTAINED REGULAR MEDIA RELATIONS PROGRAM AND CRAFTED REGULAR COMMUNICATIONS VEHICLES, INCLUDING QUARTERLY MAGAZINE AND PRINT PUBLICATIONS, DIGITAL PUBLICATIONS, WEBSITE, BLOG, VIDEOS AND OTHER CONTENT. CONVENTIONS AND SEMINARS: PROVIDED APSCU MEMBERS WITH UP-TO-DATE INFORMATION AND NETWORKING PLATFORMS FOR FEDERAL REGULATORY COMPLIANCE, MANAGEMENT BEST PRACTICES, INTERACTION WITH OFFICIALS AND EXPERTS FROM OUTSIDE THE SECTOR, EXPOSURE TO NEW PRODUCTS AND SERVICES AND THE LIKE. FIVE PROGRAMS WERE HELD DURING THE YEAR WITH APPROXIMATELY 3,000 MEMBERS ATTENDING. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 62 0 1 49 1 1 1 0 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X PAM SMITH CPA 2023366740 1101 CONNECTICUT AVE NW STE 900 WASHINGTON DC 20036 ART KEISER 2.00 X X 0 0 0 DAVID PAULDINE 1.00 X X 0 0 0 RENE CHAMPAGNE 1.00 X 0 0 0 ROBERT HERZOG 1.00 X X 0 0 0 ARTHUR BENJAMIN 1.00 X 0 0 0 DR SABRINA KAY 1.00 X 0 0 0 REBECCA CAMPOVERDE 1.00 X 0 0 0 ROGER DALTON 1.00 X 0 0 0 MARK DREYFUS 1.00 X 0 0 0 ANTHONY GUIDA 1.00 X 0 0 0 RENEE HERZING 1.00 X 0 0 0 DR JAMES HUTTON 1.00 X 0 0 0 PETER LEYTON 1.00 X 0 0 0 JACK MASSIMINO 1.00 X 0 0 0 ROBERT MCNAMARA 1.00 X 0 0 0 AVY STEIN 1.00 X 0 0 0 JAMIE TURNER 1.00 X 0 0 0 HARRIS MILLER 40.00 X 463271 0 29694 MILT GIRDNER 35.00 X 159866 25606 12216 BRIAN MORAN 40.00 X 335703 0 23053 BRUCE LEFTWICH 40.00 X 225743 0 17082 ROBERT COHEN 40.00 X 198988 0 16079 KATHERINE BRODIE 40.00 X 153796 0 13617 LAUREN CORBIN 40.00 X 161863 0 13790 KATIE CALABRESE 40.00 X 130572 0 10712 1829802 25606 136243 9 0 1 0 GLOBAL STRATEGY GROUP 895 BROADWAY 5TH FLOOR NEW YORK NY 10003 DIGITAL & PRINT MEDIA CONSULTING 3117500 GSG COMMUNICATIONS 895 BROADWAY 5TH FLOOR NEW YORK NY 10003 DIGITAL & PRINT MEDIA CONSULTING 1367294 CHARLES RIVER ASSOCIATES 200 CLARENDON ST BOSTON MA 02116 LEGAL RESEARCH 852962 PODESTA GROUP 1001 G STREET NW STE 900 EAST WASHINGTON DC 20001 LOBBYING 521488 PENZANCE 1101 CONNECTICUT AVE NW STE 900 WASHINGTON DC 20036 PROPERTY MANAGEMENT 482923 10 INITIATIVE ASSESSMENT 900099 13162802 13162802 MEMBERSHIP DUES 900099 4434823 4434823 CONVENTIONS/PUBLICATIO 900099 2363502 2363502 WORKSHOPS-REG. FEES 611710 582372 582372 ADVERTISING 541800 337706 337706 20881205 886547 886547 23510369 24083157 1897 -572788 -1897 -574685 -574685 OTHER INCOME 900099 58943 58943 ADMINISTRATIVE FEES 900099 47472 47472 106415 21299482 20590971 337706 370805 27500 1029071 3155189 136809 388197 281052 1780753 26704 550289 14664 3630908 11497568 520558 49376 442660 447309 1568310 165302 19605 PUBLICATION/SUBSCRPTION 388363 MEMBER SERVICES & DEVEL 81011 UBIT TAX 63326 TEMPORARY SUPPORT 27263 STAFF TRAINING 10048 52395 26354230 326172 1602921 1345597 1846370 74277 116686 286344 262479 1507887 925828 640544 582059 7989362 2315282 375234 320683 11037530 7046480 1694965 1591505 3932723 4952975 531320 492933 6159008 7037413 X 4878522 9067 4878522 9067 11037530 7046480 X -5054748 185293 X X 0 1 1 X 0 0 0 0 4434823 1170620 -130857 1039763 1374795 -335032 609196 262044 347152 898691 663784 234907 582059 DEFERRED RENT OBLIGATION 492933 492933 21299482 26354230 -5054748 185293 185293 -4869455 21486672 185293 185293 21301379 -1897 -1897 21299482 26356127 0 26356127 -1897 -1897 26354230 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION ADOPTED 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 PERCENT 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. GENERALLY, THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2008. PART XII, LINE 4B - OTHER ADJUSTMENTS: DISPOSAL OF ASSET -1,897. PART XIII, LINE 4B - OTHER ADJUSTMENTS: DISPOSAL OF ASSET -1,897. 1 THE CONSORTIUM OF CATHOLIC ACADEMIES 5001 EASTERN AVENUE SUITE 207 HYATTSVILLE MD 20782 522050972 501(C)(3) 10000 PROGRAM SUPPORT. 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL CONTRIBUTIONS ARE FOR NATIONALLY KNOWN CHARITABLE ORGANIZATIONS OR SPONSORSHIPS FOR EVENTS RELATED TO THE GOVERNMENT RELATIONS MISSION. FOR SPONSORED EVENTS ONE OR MORE CAREER COLLEGE ASSOCIATION EMPLOYEES WILL ATTEND. X X X 1 1 X X X X 0 0 0 HARRIS MILLER 387141 0 72189 0 3941 0 18146 0 13130 0 494547 0 0 0 MILT GIRDNER 132156 25606 27710 0 0 0 8913 0 4089 0 172868 25606 0 0 BRIAN MORAN 292309 0 43394 0 0 0 9103 0 15251 0 360057 0 0 0 BRUCE LEFTWICH 198772 0 26971 0 0 0 11490 0 7147 0 244380 0 0 0 ROBERT COHEN 172989 0 25999 0 0 0 9948 0 7368 0 216304 0 0 0 KATHERINE BRODIE 145344 0 8452 0 0 0 3084 0 11880 0 168760 0 0 0 LAUREN CORBIN 128875 0 32988 0 0 0 8198 0 6840 0 176901 0 0 0 PART I, LINE 1A HARRIS MILLER, CEO/PRESIDENT IS AUTHORIZED TO FLY FIRST CLASS WHEN THE TRIP IS OVER 4 HOURS. HIS PORTION IS NOT TREATED AS TAXABLE INCOME. ON SOME OCCASIONS HIS SPOUSE ACCOMPANIED HIM. THE VALUE OF THE SPOUSAL TRAVEL ($3,941) WAS TREATED AS TAXABLE INCOME TO MR. MILLER. THE FOLLOWING EMPLOYEES ALSO RECEIVED NONTAXABLE SOCIAL CLUB DUES: HARRIS MILLER: $240 BRUCE LEFTWICH: $240 KATHERINE BRODIE: $240 LAUREN CORBIN: $240 KATIE CALABRESE: $240 FORM 990, PART VI, SECTION A, LINE 6 EDUCATION INSTITUTION MEMBERS HAVE THE RIGHT TO VOTE FOR DIRECTORS AND VARIOUS OTHER ISSUES AS DETERMINED BY THE BOARD OF DIRECTORS. ALLIED MEMBERS HAVE THE RIGHT TO VOTE FOR ONE REPRESENTATIVE ON THE BOARD OF DIRECTORS, BUT SHALL NOT OTHERWISE VOTE OR HOLD OFFICE IN THE ASSOCIATION. AFFILIATE AND OTHER MEMBERS SHALL NOT BE ELIGIBLE TO VOTE OR HOLD OFFICE IN THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A EDUCATION INSTITUTION MEMBERS HAVE ONE VOTE TO BE CAST WITH RESPECT TO ELECTION OF DIRECTORS. ALLIED MEMBERS SHALL BE ELIGIBLE TO VOTE FOR ONE REPRESENTATIVE ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B EDUCATION INSTITUTION MEMBERS SHALL BE PERMITTED TO CAST VOTES, AS DETERMINED BY THE BOARD OF DIRECTORS, WITH RESPECT TO POLICY MATTERS OF MAJOR IMPORTANCE, INCLUDING AMENDMENTS, REPEAL, OR ALTERATIONS OF THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 CEO AND CFO REVIEW THE FORM 990 PRIOR TO SUBMITING TO IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SHALL MAKE AFFIRMATIVE DISCLOSURES TO THE BOARD, UPON TAKING OFFICE AS A BOARD MEMBER AND ANNUALLY THEREAFTER, OF ANY RELATIONSHIP OR MATTER WHICH MAY PRESENT AN ISSUE UNDER THESE GUIDELINES. ANY MATERIAL CHANGE IN THE INFORMATION DISCLOSED SHALL BE REPORTED TO THE BOARD AS APPROPRIATE. VIOLATION OF THESE GUIDELINES SHALL BE INVESTIGATED BY THE EXECUTIVE COMMITTEE, WHICH MAY REFER THE MATTER TO THE BOARD OF DIRECTORS FOR ACTION IN ACCORDANCE WITH THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS DEFINED IN HIS EMPLOYMENT AGREEMENT. THE AMOUNT OF COMPENSATION IN THE AGREEMENT IS BASED ON SEVERAL APPROPRIATE COMPENSATION SURVEYS THAT ARE REVIEWED AND AGREED UPON BY MEMBERS OF THE EXECUTIVE COMMITTEE. INCREASES IN COMPENSATION ARE DETERMINED BY THE EXECUTIVE COMMITTEE THROUGH AN ANNUAL REVIEWS OF THE CEO'S ACCOMPLISHMENTS. FOR OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION, COMPENSATION IS DETERMINED BY CONDUCTING SALARY STUDIES USING SALARY GUIDES AND REVIEWING OTHER ORGANIZATIONS' 990S. IT ALSO REQUIRES APPROVAL OF THE PRESIDENT AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS PUBLICLY AVAILABLE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 185,293. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. HOURS DEVOTED TO RELATED ORGANIZATION IMAGINE AMERICA FOUNDATION FORM 990, PART VII APSCU IAF MILT GIRDNER 35 5 IMAGINE AMERICA FOUNDATION 1101 CONN AVE NW STE 901 WASHINGTON DC 20036 521250860 SUPPORT OF SPECIALIZED CAREER COLLEGE INDUSTRY DC 501(C)(3) 7 N/A 0 CAREER COLLEGE ASSOCIATION POLITICAL ACTION COMMITTEE 1101 CONN AVE NW STE 900 WASHINGTON DC 20036 521634473 POLITICAL ACTION DC 527 ASSOCIATION OF PRIVATE SECTOR COLLEGES AND UNIVERSITIES 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 IMAGINE AMERICA FOUNDATION I 47472 CASH IMAGINE AMERICA FOUNDATION N 71910 CASH IMAGINE AMERICA FOUNDATION P 369303 CASH