2011-01-06T16:00:12-06:00 2010-06-30 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2009-07-01 362251912 INSTITUTE FOR THE INTERNATIONAL EDUCATION OF STUDENTS INST 3129441750 33 NORTH LASALLE STREET CHICAGO IL 606022602 WILLIAM MARTENS 2011-01-06 true 3128997000 2009 2016-02-24 21:20:13Z MARY M DWYER PHD 33 NORTH LASALLE ST STE 1500 CHICAGO IL 606022602 101436747 false X WWW.IESABROAD.ORG X 1953 IL THE INSTITUTE FOR THE INTERNATIONAL EDUCATION OF STUDENTS (IES) ENCOURAGES STUDENTS TO EXPLORE FOREIGN COUNTRIES AND FOSTERS STUDENTS' PERSONAL AND ACADEMIC GOALS BY PROVIDING STUDY ABROAD PROGRAMS. 21 20 148 48 0 0 49915 464834 80491655 79988721 -6573631 718554 67407 -1059988 74035346 80112121 2140529 2022504 0 0 26007402 26774297 0 0 344492 51088550 48693407 79236481 77490208 -5201135 2621913 89330487 86252827 57751754 61578439 31578733 24674388 THE INSTITUTE FOR THE INTERNATIONAL EDUCATION OF STUDENTS (IES) BLENDS THE BEST ELEMENTS OF FOREIGN HIGHER EDUCATION WITH AMERICAN UNIVERSITY REQUIREMENTS AND ENCOURAGES STUDENTS TO EXPLORE THE UNIQUE ELEMENTS OF FOREIGN COUNTRIES. CONTINUED IN SCHEDULE O. false false 58892883 2009387 67623027 STANDARD & DIRECT ENROLLMENT PROGRAMS: IES OFFERS A BROAD-BASED CURRICULUM THAT ENCOMPASSES THE HUMANITIES, LANGUAGES, FINE ARTS, SOCIAL AND NATURAL SCIENCES, BUSINESS, MATHEMATICS, AND PRE-PROFESSIONAL STUDIES. OVER 4,000 STUDENTS BENEFITED FROM OUR STANDARD PROGRAMS BY ENHANCING THEIR ACADEMIC AND SOCIAL GROWTH WHILE EXPANDING THEIR INTERCULTURAL COMPETENCY. THESE STUDENTS EARNED EITHER A SEMESTER OR TWO SEMESTERS WORTH OF CREDIT BY STUDYING AT ONE OF OUR 32 LOCATIONS IN THE COUNTRIES OF ARGENTINA, AUSTRALIA, AUSTRIA, CHILE, CHINA, ECUADOR, ENGLAND, FRANCE, GERMANY, INDIA, IRELAND, ITALY, JAPAN, MOROCCO, THE NETHERLANDS, NEW ZEALAND, SOUTH AFRICA, AND SPAIN. 2254261 13117 4480390 SUMMER PROGRAMS: IES OFFERS A BROAD-BASED CURRICULUM THAT ENCOMPASSES THE HUMANITIES, LANGUAGES, FINE ARTS, SOCIAL AND NATURAL SCIENCES, BUSINESS, MATHEMATICS, AND PRE-PROFESSIONAL STUDIES. OVER 600 STUDENTS BENEFITED FROM OUR SUMMER PROGRAMS BY ENHANCING THEIR ACADEMIC AND SOCIAL GROWTH WHILE EXPANDING THEIR INTERCULTURAL COMPETENCY. MANY SUMMER PROGRAMS OFFER INTERNSHIPS AND OFFER STUDENTS A MORE ECONOMICAL OPTION TO A FULL SEMESTER AND A VIABLE ALTERNATIVE FOR STUDENTS WITH RIGOROUS ACADEMIC SCHEDULES. STUDENTS IN OUR SUMMER PROGRAMS EARN CREDITS TOWARD COLLEGE COURSE WORK BY STUDYING AT ONE OF OUR 18 LOCATIONS IN THE COUNTRIES OF AUSTRALIA, AUSTRIA, CHILE, CHINA, ECUADOR, ENGLAND, FRANCE, GERMANY, IRELAND, ITALY, JAPAN, AND SPAIN. 2183751 0 4121202 CUSTOMIZED: AS THE NAME IMPLIES, IES OFFERS CUSTOMIZED PROGRAMS DESIGNED TO MEET SPECIFIC REQUIREMENTS OF THE CONTRACTING UNIVERSITIES. THE VARYING PROGRAMS' CURRICULA SPAN THE HUMANITIES, LANGUAGES, EDUCATION, FINE ARTS, SOCIAL AND NATURAL SCIENCES, BUSINESS, MATHEMATICS, TECHNOLOGY, ENGINEERING, AND PRE-PROFESSIONAL STUDIES AT THE UNDERGRADUATE AND GRADUATE LEVELS. OVER 900 STUDENTS BENEFITED FROM OUR CUSTOMIZED PROGRAMS BY ENHANCING THEIR ACADEMIC AND SOCIAL GROWTH WHILE EXPANDING THEIR INTERCULTURAL COMPETENCY. STUDENTS EARNED COLLEGE CREDITS TOWARD THEIR COURSE WORK BY STUDYING AT ONE OR A COMBINATION OF OUR 21 LOCATIONS IN THE COUNTRIES OF ARGENTINA, AUSTRIA, CHILE, CHINA, ECUADOR, ENGLAND, FRANCE, GERMANY, INDIA, IRELAND, ITALY, JAPAN, MOROCCO, THE NETHERLANDS, SOUTH AFRICA, AND SPAIN. 5189436 0 3073112 68520331 true true false false false false false false false true true false true true true false false false false false false false true true false false false false false false false false false false false false true false false false false true 28 0 true 148 true false true AR AS AU CI CH EC FR GM IN EI IT JA MO NL SF SP UK false false false false false false false 21 20 false false false false false false false true true false true true true true true true true true true true false AL AK AZ AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV X WILLIAM J MARTENS 3129441750 33 N LASALLE STREET CHICAGO IL 606022602 EZIO VERGANI 1 X X 0 0 0 MONICA VACHHER 1 X X 0 0 0 DR KATHRYN M MOORE 1 X X 102 0 0 DR MARY M DWYER 35 X X 401939 0 39847 DR ANA MARIA WISEMAN 1 X 0 0 0 IAN H TURVILL 1 X 0 0 0 ALAN SCHWARTZ 1 X 0 0 0 DR MARLA SALMON 1 X 0 0 0 DR DAVID H PORTER 1 X 0 0 0 ROBERT MCNEILL 1 X 0 0 0 THEODORE REGGE LIFE 1 X 0 0 0 DR HOMER J HOLLAND 1 X 0 0 0 JOHN J GEAREN 1 X 0 0 0 DR PAMELA BROOKS GANN 1 X 0 0 0 DR MARK H ERICKSON 1 X 0 0 0 DEBORA DE HOYOS 1 X 54 0 0 KENNETH W CUNNINGHAM 1 X 0 0 0 JAMES E CRAWFORD III 1 X 0 0 0 JOHN COBLENTZ 1 X 0 0 0 DR LOREN J ANDERSON 1 X 0 0 0 DR DANIELLE ALLEN 1 X 0 0 0 ROGER SHEFFIELD 35 X 123683 0 4808 RICHARD BARTECKI 35 X 136985 0 7687 RICHARD ELLIS 35 X 178084 0 26176 DR MICHAEL STEINBERG 35 X 209865 0 24386 WILLIAM MARTENS 35 X 201811 0 33161 WILLIAM HOYE 35 X 289701 0 36495 MEREL D FRANK 35 X 110021 0 23603 TAMIRA HARRIS 35 X 109496 0 12156 MICHAEL GREEN 35 X 117231 0 24819 JOHN LUCAS 35 X 120720 0 20121 CAROL JAMBOR-SMITH 35 X 112212 0 15812 2111904 0 269071 15 false true false NORTOC INC 1454 N ORLEANS CHICAGO IL 60610 WEB DEVELOPMENT 555810 DELTA VORTEX TECHNOLOGIES INC 792 BROMPTON LANE BOLINGBROOK IL 60440 WEB DEVELOPMENT 250010 DOMAIN CHELSEA POINT MANAGEMENT LTD BUILDING CONSULTANT 237822 E2 SERVICES 440 TREASURE DRIVE OSWEGO IL 60543 IT MANAGEMENT SERVICE PROVIDER 198268 4 0 0 0 0 0 464834 4404 464834 TUITION AND FEES 65657220 64966230 0 690990 ROOM AND BOARD 14289312 14289312 0 0 MEMBER SCHOOL FEE 23100 23100 0 0 TRANSCRIPT FEE 10834 10834 0 0 INSTALLMENT FEE 7867 7867 0 0 388 388 0 0 79988721 355591 0 0 355591 0 0 0 0 0 0 0 0 79250 0 0 0 79250 0 79250 0 0 79250 21687589 0 21324626 0 362963 0 362963 0 0 362963 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LOSS ON SETTLEMENT OF FOREIGN CURRENCY CONTRACTS -1139238 0 0 -1139238 0 0 0 0 0 0 0 0 0 0 0 0 -1139238 80112121 79297731 0 349556 0 0 2022504 2022504 0 0 0 0 1413028 449072 838188 125768 0 0 0 0 20460140 18820342 1608332 31466 519475 449590 69885 0 1158641 951437 206179 1025 3223013 3025364 185053 12596 0 0 0 0 273154 27993 245161 0 350391 241539 108852 0 0 0 0 0 0 0 17321 0 17321 0 1298989 769618 524621 4750 718941 573197 99314 46430 1899205 1250070 583427 65708 1716844 683224 1033620 0 0 0 0 0 8281970 7571422 710548 0 4549293 3987043 547806 14444 0 0 0 0 161084 95696 65388 0 1033 11 1022 0 0 0 0 0 3424257 1814529 1609728 0 86206 90254 -4048 0 STUDENT HOUSING AND MEALS 15509333 15509333 0 0 STUDENT INSTRUCTION AND TUITION 7255991 7255991 0 0 STUDENT SERVICES 1731286 1731286 0 0 FIELD TRIPS 563773 563773 0 0 FURNITURE AND EQUIPMENT 201490 198658 2832 0 652846 438385 172156 42305 77490208 68520331 8625385 344492 0 0 0 0 4171353 8114082 16073928 17206911 0 126376 2695062 1496771 0 0 0 0 0 0 5699 2412 434444 604291 58932941 20720139 45551511 38212802 13669085 15787221 5284635 4696101 0 0 0 0 1444770 5860 89330487 86252827 6186456 5006408 0 0 5030276 4020919 0 0 0 0 0 0 21390200 19420700 0 0 25144822 33130412 57751754 61578439 X 31342767 24037303 0 22002 235966 615083 0 0 0 0 0 0 31578733 24674388 89330487 86252827 X false true true X false X false false false 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2240850 2240850 0 46265288 11906136 34359152 0 4279337 2739212 1540125 0 3827637 3785672 41965 0 2319829 2289119 30710 38212802 HEDGE FUNDS 2054027 F PARTNERSHIP INVESTMENTS 2642074 F 4696101 CAPITAL LEASE OBLIGATION 22565441 FOREIGN CURRENCY CONTRACTS AND OPTIONS 10564971 33130412 80112121 77490208 2621913 1992576 0 0 0 -11518834 -9526258 -6904345 70585863 1992576 0 0 0 1992576 68593287 0 11518834 11518834 80112121 77490208 0 0 0 0 0 77490208 0 0 0 77490208 FIN 48 footnote Schedule D, Part X, Line 2 IES ADOPTED GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS OF JULY 1, 2009. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. THE ADOPTION HAD NO EFFECT ON IES' FINANCIAL STATEMENTS. Other changes in net assets Schedule D, Part XI, Line 8 FOREIGN CURRENCY TRANSLATION ADJUSTMENT - -349012; UNREALIZED LOSS ON FORWARD CURRENCY CONTRACTS AND OPTIONS - -11169822; OTHER - 0; TOTAL - -11518834 Other revenues in form 990 not in audited financial statements Schedule D, Part XII, Line 4b FOREIGN CURRENCY TRANSLATION ADJUSTMENT - 349012; UNREALIZED LOSS ON FORWARD CURRENCY CONTRACTS AND OPTIONS - 11169822; OTHER - 0; TOTAL - 11518834 true true true IES DOES NOT ADVERTISE THROUGH NEWSPAPER OR BROADCAST MEDIA. HENCE, WE DO NOT PUBLICIZE OUR RACIALLY NONDISCRIMINATORY POLICY THROUGH THIS MEANS. HOWEVER, IES DOES PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THE SAME MEANS THAT IT ADVERTISES ITS PROGRAMS TO STUDENTS: WEBSITE, STUDY ABROAD FAIRS, DIRECT COMMUNICATIONS WITH STUDENTS, UNIVERSITIES' STUDY ABROAD OFFICES AND CONSORTIUM MEMBERS. true true true true false false false false false false false false false true EAST ASIA AND THE PACIFIC 7 26 PROGRAM SERVICES EDUCATION/CURRICULUM 7293185 EUROPE (INCLUDING ICELAND AND GREENLAND) 20 126 PROGRAM SERVICES EDUCATION/CURRICULUM 46947707 SOUTH ASIA 1 7 PROGRAM SERVICES EDUCATION/CURRICULUM 478082 SOUTH AMERICA 3 26 PROGRAM SERVICES EDUCATION/CURRICULUM 3583736 SUB SAHARAN AFRICA 1 5 PROGRAM SERVICES EDUCATION/CURRICULUM 871189 MIDDLE EAST AND NORTH AFRICA 1 4 PROGRAM SERVICES EDUCATION/CURRICULUM 512406 33 194 59686305 true MERIT SCHOLARSHIPS AWARDED TO STUDENTS 116 194420 0 N/A N/A NEED-BASED SCHOLARSHIPS AWARDED TO STUDENTS 359 326250 0 N/A N/A SCHOLARSHIPS AWARDED TO STUDENTS FROM HISTORICALLY BLACK COLLEGES AND UNIVERSITIES AND PUBLIC UNIVERSITIES 34 68000 0 N/A N/A PUBLIC UNIVERSITY GRANTS 909 1376534 0 N/A N/A SUMMER NEED BASED AID 53 33000 0 N/A N/A LEGACY SCHOLARSHIPS 36 24300 0 N/A N/A Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 AWARDS ARE GIVEN TO U.S. STUDENTS OR U.S. SCHOOLS IN THE FORM OF GRANTS OR SCHOLARSHIPS FOR THE EXPRESS PURPOSE OF STUDYING ABROAD THROUGH ONE OF IES' STUDY ABROAD PROGRAMS. GRANTS AND SCHOLARSHIPS ARE AWARDED TO STUDENTS VIA A DIRECT REDUCTION IN THEIR BILLED TUITION FOR THE TERM UNDER WHICH THE GRANT OR SCHOLARSHIP APPLIES. THE USE OF THESE GRANTS AND SCHOLARSHIPS IS LIMITED IN THAT MONIES CAN ONLY BE APPLIED TO TUITION COSTS RELATED TO THE SPECIFIC IES PROGRAM A RECIPIENT IS ENROLLED IN. WHEN IES PROVIDES A STUDENT WITH ANY OTHER GRANT OR ASSISTANCE FOR TRAVEL EXPENSES RELATED TO ONE OF ITS STUDY ABROAD PROGRAMS, THE RECIPIENT WOULD BE REQUIRED TO PROVIDE IES WITH SUBSTANTIATION TO ENSURE THE FUNDS WERE USED FOR THE INTENDED PURPOSE. X X true true X X X X X X true false false false false false false false false RICHARD ELLIS 177805 0 0 0 279 0 11335 0 14841 0 204260 0 0 0 DR MICHAEL STEINBERG 207484 0 0 0 2381 0 15290 0 9096 0 234251 0 0 0 WILLIAM MARTENS 201530 0 0 0 281 0 14114 0 19047 0 234972 0 0 0 WILLIAM HOYE 269403 0 20000 0 298 0 18496 0 17999 0 326196 0 0 0 DR MARY M DWYER 393122 0 0 0 8817 0 24729 0 15118 0 441786 0 0 0 Tax indemnification and gross-up payments Schedule J, Part I, Line 1a THE ORGANIZATION'S PRESIDENT HAS HER OWN SUPPLEMENTAL LONG TERM DISABILITY INSURANCE FOR WHICH IES REIMBURSES HER. THE ORGANIZATION THEN PAYS THE TAX ATTRIBUTABLE TO THE REIMBURSEMENT ON BEHALF OF THE ORGANIZATION'S PRESIDENT. Health or social club dues or initiation fees Schedule J, Part I, Line 1a IES PAYS FOR A HEALTH CLUB MEMBERSHIP FOR THE COMPANY'S CEO, MARY M. DWYER. THE RELATED BENEFIT IS INCLUDED IN THE CEO'S W-2 AS TAXABLE COMPENSATION. Severance or change-of-control payment Schedule J, Part I, Line 4a TAMIRA HARRIS RECEIVED A SEVERANCE PAYMENT OF $29,146 DURING THE YEAR. Description of other program services Form 990, Part III, Line 4d STUDENT HOUSING: IES ABROAD OPERATES A STUDENT HOUSING FACILITY IN LONDON FOR INTERNATIONAL AND LOCAL STUDENTS. CONSISTENT WITH ITS MISSION, IES ABROAD IS ABLE TO INTEGRATE COLLEGE AND POST-GRADUATE STUDENTS IN A COMMON LIVING ENVIRONMENT THAT FOSTERS INTERACTION FOR A MULTI-CULTURED EXPERIENCE. THE FACILITY IS LOCATED IN A COSMOPOLITAN DISTRICT THAT HAS CONVENIENT ACCESS TO PUBLIC TRANSPORTATION FOR AFFORDABLE ACCESS TO SCHOOLS, CULTURAL SITES, PARLIAMENT, AND BUSINESS DISTRICT. OVER 2,000 STUDENTS BENEFIT FROM THIS INTERCULTURAL STUDENT ACCOMMODATION. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11A IES MANAGEMENT REVIEWS THE FULL FORM 990 IN DETAIL IN CONJUNCTION WITH THE ORGANIZATION'S INDEPENDENT PAID TAX PREPARERS. SUBSEQUENT TO THIS REVIEW, THE FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE, A SUBCOMMITTEE OF THE ORGANIZATION'S INDEPENDENT BOARD. AFTER THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM 990, MANAGEMENT DISTRIBUTES A COPY TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW, PRIOR TO FILING WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c IN ACCORDANCE WITH IES' CONFLICT OF INTEREST POLICY, ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES MUST COMPLETE AND SUBMIT AN ANNUAL CONFLICT OF INTEREST FORM AND DISCLOSE ALL POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. THE FORMS COMPLETED BY DIRECTORS, AND BY THE PRESIDENT/CEO, ARE REVIEWED BY THE CHAIR OF THE GOVERNANCE COMMITTEE OF THE BOARD. THE CHAIR OF THE GOVERNANCE COMMITTEE REPORTS ANY CONFLICTS INVOLVING BOARD MEMBERS OR THE PRESIDENT/CEO TO THE FULL BOARD EACH YEAR. INDIVIDUAL CONFLICT OF INTEREST FORMS COMPLETED BY IES OFFICERS AND KEY EMPLOYEES ARE PLACED IN THEIR CONFIDENTIAL PERSONNEL FILES MAINTAINED BY IES ABROAD'S DEPARTMENT OF HUMAN RESOURCES. THE CHAIR OF THE BOARD OF DIRECTORS ALSO REVIEWS THE COMPLETED CONFLICT OF INTEREST FORMS SUBMITTED BY THE PRESIDENT AND CEO EACH YEAR. THE PRESIDENT/CEO REVIEWS ALL OTHER OFFICERS' CONFLICT OF INTEREST FORMS. THE DEPARTMENT OF HUMAN RESOURCES REVIEWS THE CONFLICT OF INTEREST FORMS COMPLETED AND SUBMITTED BY ALL OTHER OFFICERS AND KEY EMPLOYEES OF IES ABROAD. IF IT IS DISCOVERED THAT A BOARD MEMBER HAS A CONFLICT OF INTEREST DURING BOARD OR COMMITTEE DELIBERATIONS, THEN THE AFFECTED BOARD MEMBER MUST RECUSE HIMSELF OR HERSELF FROM THE RELEVANT ISSUE, DELIBERATIONS, AND DECISION-MAKING PROCESS. IES ABROAD DOES NOT KNOWINGLY ALLOW FOR ANY IES BUSINESS TO BE CONDUCTED WITH A BOARD MEMBER OR RELATIVE OF A BOARD MEMBER. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a IES' BOARD EXECUTIVE COMMITTEE, ACTING AS THE BOARD COMPENSATION COMMITTEE, REVIEWS AND APPROVES THE COMPENSATION OF IES OFFICERS ANNUALLY. THE BOARD EXECUTIVE COMMITTEE IS COMPRISED OF THE ELECTED BOARD CHAIR, THE ELECTED VICE CHAIRS, TWO OTHER BOARD MEMBERS AND THE PRESIDENT/CEO. THE PRESIDENT/CEO RECUSES HERSELF FROM ANY DISCUSSIONS REGARDING THE SETTING OF HER OWN COMPENSATION. EVERY FOUR YEARS, IES RETAINS AN INDEPENDENT, OUTSIDE COMPENSATION REVIEW FIRM TO EVALUATE THE COMPANY'S TOP MANAGEMENT OFFICIALS' AND OTHER OFFICERS' COMPENSATION. THE INDEPENDENT FIRM USES MARKET SURVEYS AND OTHER RESOURCES TO COMPARE THE COMPENSATION OF EACH IES OFFICERS' AND POSITION TO SIMILAR (OR IDENTICAL) POSITIONS AT OTHER NON-PROFIT ORGANIZATIONS WITH SIMILAR ANNUAL REVENUES, COMPARABLE NUMBERS OF EMPLOYEES, AND COMPARABLE LEVELS AND COMPLEXITIES OF JOB RESPONSIBILITIES, IN ORDER TO ESTABLISH A BENCHMARK FOR REASONABLE COMPENSATION. THE OVERARCHING GOAL OF IES' COMPENSATION POLICY IS DESIGNED TO ACHIEVE COMPENSATION LEVELS FOR ITS OFFICERS AT COMPETITIVE MARKET RATES. ANNUALLY, IES REVIEWS THE PERFORMANCE OF EACH OF ITS OFFICERS. SALARY DATA FOR EACH POSITION IS AGED ANNUALLY BASED UPON INSTRUCTIONS PROVIDED IN THE INDEPENDENT THIRD PARTY STUDY COMMISSIONED BY IES EVERY FOUR YEARS. ADDITIONALLY, THE ORGANIZATION CONSIDERS THE 990'S OF SIMILAR ORGANIZATIONS WHEN DETERMINING COMPENSATION. THE RESULTING ANALYSIS AND RECOMMENDATIONS FOR CHANGES IN COMPENSATION ARE PRESENTED TO THE BOARD EXECUTIVE COMMITTEE FOR ITS REVIEW EVERY YEAR. ONCE APPROVED BY THE COMPENSATION COMMITTEE, COMPENSATION RECOMMENDATIONS FOR OFFICERS ARE PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. OFFICERS NEVER TAKE PART IN THE DISCUSSIONS REGARDING THE SETTING OF THEIR OWN COMPENSATION. THE CHAIR OF THE BOARD OF DIRECTORS DOCUMENTS THE ABOVE PROCESS TO THE DEPARTMENT OF HUMAN RESOURCES ON AN ANNUAL BASIS. THE COMPENSATION PACKAGE OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS DOCUMENTED IN A WRITTEN EMPLOYMENT CONTRACT. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b SEE NARRATIVE FOR PART VI, LINE 15A Public Disclosure Form 990, Part VI, Section C, Line 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 IES IS COMPRISED OF A CONSORTIUM OF MORE THAN 175 COLLEGES AND UNIVERSITIES, AND ENROLLS MORE THAN 5,500 STUDENTS IN UNIQUE PROGRAMS IN NEARLY 18 COUNTRIES THROUGHOUT EUROPE, ASIA, AFRICA, AUSTRALIA, AND SOUTH AMERICA. IES FOSTERS STUDENTS' PERSONAL AND ACADEMIC GOALS BY PROVIDING QUALITY STUDY ABROAD PROGRAMS WORLDWIDE. STICHTING IES AMSTERDAM PRINS HENDRIKKADE 189B AMSTERDAM NL 1011 TD ABROAD PROG NL 43731 60803 IES INSTITUTE FOR INTL ED OF STUDENTS - SF STEVE BIKO BUILDING UPPER CAMPUS UNIVERSITY OF CAPE TOWN RONDEBOSCH SF 7701 ABROAD PROG SF 11232 20878 IES SOCIETY FOR THE INTL ED OF STUDENTS D-31 DEFENCE COLONY NEW DELHI IN 110024 ABROAD PROG IN 0 38860 IES LONDON CENTRE OF THE INST EUROPEAN STUDIES 5 BLOOMSBURY PLACE LONDON UK WC1 ABROAD PROG UK 4207171 40087946 IES IES NANTES ASSOCIATION 7 RUE DES CADENIERS NANTES FR 44000 ABROAD PROG FR 0 72010 IES ASSOCIATION D'IES ABROAD-PARIS 77 RUE DAGUERRE PARIS FR 75014 ABROAD PROG FR 1165 489374 IES IES FOUNDATION (QUITO ECUADOR) N34-229 Y MOSCU QUITO EDIFICIO SAN SALVADOR, REPUBLICA DE EL SALVADOR EC 3RD PISO ABROAD PROG EC 0 180788 IES THE INST FOR THE INTL ED OF STUDENTS AVENIDA DE SENECA NUMERO 7 MADRID COLEGIO MAYOR, UNIVERSITARIO SAN AGUSTIN SP 28040 ABROAD PROG SP 44067 1407346 IES INST FOR THE INTL ED OF STUDENTS PTY 33 N LASALLE 15TH FLOOR CHICAGO IL 60602 ABROAD PROG IL 0 0 IES IES ABROAD 89 MAWLA ISMAIL STREET HASSAN RABAT MO ABROAD PROG MO 655 159019 IES