2024-11-15T10:27:52-06:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 261909449 NATIONAL ASSOCIATION FOR COLLEGE ADMISSION COUNSELING NATI 7038362222 1050 N HIGHLAND STREET 400 ARLINGTON VA 22201 ANGEL B PEREZ CHIEF EXECUTIVE OFFICER 7038362222 2024-11-15 1 0 ELIZABETH W HELLER P00397829 3019519090 2023 2024-10-15 13:58:12Z ANGEL B PEREZ 1050 N HIGHLAND STREET 400 ARLINGTON VA 22201 25221824 0 X WWW.NACACNET.ORG X 2007 DE EMPOWERING COLLEGE ADMISSION COUNSELING PROFESSIONALS THROUGH EDUCATION, ADVOCACY, AND COMMUNITY. 18 18 47 125 283578 142366 889640 2276333 11154105 13248600 609914 59284 8331 -37890 12661990 15546327 8403 132925 0 0 4622928 5661659 0 0 1070393 8982656 11274811 13613987 17069395 -951997 -1523068 20703852 18840712 7202048 5430612 13501804 13410100 X EMPOWERING COLLEGE ADMISSION COUNSELING PROFESSIONALS THROUGH EDUCATION, ADVOCACY, AND COMMUNITY. 0 0 5245304 5905625 NATIONAL COLLEGE FAIRS: SECONDARY INSTITUTIONS. NACAC WORKS WITH LOCAL VOLUNTEERS AT EACH EVENT TO ENSURE ATTENDANCE BY STUDENTS FROM ALL SOCIAL, ECONOMIC, ETHNIC, AND NON-TRADITIONAL BACKGROUNDS, INCLUDING TRANSFER STUDENTS AND VETERANS. IN 2024, FAIRS EXPANDED GLOBALLY INCLUDING PLANNED EVENTS IN THE UNITED KINGDOM AND CHINA. 3770055 4096673 NATIONAL CONFERENCE: THE NATIONAL CONFERENCE PROVIDES A FORUM FOR COUNSELING AND ADMISSION PROFESSIONALS TO NETWORK, RECEIVE CONTINUING EDUCATION, AND EXCHANGE INFORMATION TO ENHANCE AND INSPIRE ONE'S PROFESSIONAL PRACTICE AND ADVANCE THE COUNSELING AND ADMISSION PROFESSIONS. 1353727 PUBLIC POLICY: AS THE VOICE OF THE COLLEGE ADMISSION COUNSELING PROFESSION, NACAC ADVOCATES FOR THE BEST INTERESTS OF STUDENTS AND MEMBERS. THE MEMBERS OF NACAC SUPPORT STUDENTS IN THE COLLEGE TRANSITION PROCESS FROM SECONDARY SCHOOL TO POSTSECONDARY EDUCATION AND IN THE TRANSFER PROCESS BETWEEN POSTSECONDARY INSTITUTIONS. 1206317 760514 EDUCATION & TRAINING 909695 132925 2196011 MEMBERSHIP, GRANTS, & OTHER 658531 289777 PUBLICATIONS 2774543 132925 3246302 13143629 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 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 0 0 0 0 0 0 1 143 0 1 47 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 AL AR CA FL GA IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X ANGEL PEREZ 7038362222 1050 N HIGHLAND STREET 400 ARLINGTON VA 22201 ANGEL PEREZ CHIEF EXECUTIVE OFFICER 35.00 X 414151 0 44379 SHANTEL GOODMAN-LUCKETT CHIEF EXPERIENCE OFFICER 35.00 X 205864 0 36543 DAVID HAWKINS CHIEF EDUCATION & POLICY OFFICER 35.00 X 210634 0 27331 ASHLEY PERZYNA CHIEF OPERATING OFFICER 35.00 X 186537 0 26345 MICHELLE LUCAS DATABASE MGMT & INTEGRATIONS DIR. 35.00 X 150541 0 56926 MELANIE PARRA CHIEF COMMUNICATIONS OFFICER 35.00 X 182752 0 15348 PIA BROWN DIRECTOR, EVENTS & MEETINGS 35.00 X 168420 0 28935 UZURA GARVIN CFO (UNTIL 8/2023) 35.00 X 151617 0 22129 JOHN HOLLEMON DIR. OF DIV., EQUITY & INCL. 35.00 X 154332 0 21481 KHURRAM BASHIR DIR. OF INFO. & TECH. SERVICES 35.00 X 127559 0 13112 ROBERT PURDY DIRECTOR, SALES AND MARKETING 35.00 X 111706 0 23970 VERN GRANGER CHAIR (UNTIL 9/2023) 5.00 X X 0 0 0 ANGELICA MELENDEZ DIR. THEN CHAIR (CHANGE 10/2023) 5.00 X X 0 0 0 PHIL MORENO CHAIR-ELECT (FROM 10/2023) 5.00 X X 0 0 0 FIONA REES IMMEDIATE PAST CHAIR (UNTIL 9/2023) 5.00 X X 0 0 0 EDDIE PICKETT TREASURER 2.00 X X 0 0 0 TAHIRAH CRAWFORD SECRETARY 2.00 X X 0 0 0 JEREMY BRANCH DIRECTOR 2.00 X 0 0 0 NOLVIA DELGADO DIRECTOR 2.00 X 0 0 0 ROBYN LADY DIRECTOR 2.00 X 0 0 0 CHRISTINE LOO DIRECTOR 2.00 X 0 0 0 BETH MAGLIONE DIRECTOR 2.00 X 0 0 0 SANJAY MITCHELL DIRECTOR 2.00 X 0 0 0 JOSEPH MONTGOMERY DIRECTOR 2.00 X 0 0 0 MEGAN O'ROURKE DIRECTOR 2.00 X 0 0 0 MYRA SIMPSON DIRECTOR 2.00 X 0 0 0 MARK STEINLAGE DIRECTOR 2.00 X 0 0 0 CATIE TAYLOR DIRECTOR 2.00 X 0 0 0 KASEY URQUIDEZ DIRECTOR 2.00 X 0 0 0 DONNELL WIGGINS DIRECTOR 2.00 X 0 0 0 DON YU DIRECTOR 2.00 X 0 0 0 2064113 0 316499 12 0 1 0 GOTOCOLLEGEFAIRS 2360 ROUTE 33 ROBBINSVILLE NJ 08691 MOBILESCAN APP 901356 SHEPARD AV LLC 1177 LOGAN CIRCLE NW ATLANTA GA 30318 AUDIO VISUAL SERVICES 836507 VOLUME SERVICES INC 1 WEST PRATT STREET BALTIMORE MD 21201 FOOD AND BEVERAGE SERVICES 497015 COLLEGIATE PRODUCTIONS 901 NORTH BROADWAY SUITE 1 WHITE PLAINS NY 10603 EVENT SUPPLIES 435069 SMITH EXPO LLC 5810 SLY FOX LANE INDIANAPOLIS IN 46237 EVENT SERVICES 251012 20 2276333 2276333 NATIONAL COLLEGE FAIRS 900099 5905625 5905625 NATIONAL CONFERENCE 900099 4096673 4096673 MEMBERSHIP REVENUE 900099 2196011 2196011 EDUCATION AND TRAINING 900099 760514 760514 PUBLICATIONS AND SUBS 900099 289777 6199 283578 13248600 338981 338981 9395800 9675497 -279697 -279697 -279697 MISCELLANEOUS 900099 -37890 -37890 -37890 15546327 12965022 283578 21394 X 132925 132925 1523630 930300 442386 150944 3096354 2445827 533144 117383 241033 191345 40386 9302 479284 363239 90887 25158 321358 236535 66603 18220 35333 35333 71059 71059 52319 52319 2138352 1139014 772366 226972 778409 493802 235911 48696 91693 68826 17998 4869 472382 347277 98380 26725 382700 223070 98887 60743 6503335 6034444 129139 339752 2295 2295 189725 139478 39513 10734 REPAIRS AND MAINT. 371610 278936 72943 19731 TAXES 103289 68978 29105 5206 DUES AND SUBS. 42157 28153 11879 2125 PROFESSIONAL DEV'L 40153 21480 14840 3833 17069395 13143629 2855373 1070393 1112299 2072004 1175689 795606 302500 631885 207276 9797 799642 791504 6973265 2304982 4843035 4668283 12096831 9947845 34674 55694 20703852 18840712 1167923 1267741 3021223 4110918 2981449 31453 51953 7202048 5430612 X 13446735 12407196 55069 1002904 13501804 13410100 20703852 18840712 -1523068 1431364 0 X 0 1 X 1 0 X 844879 647460 3211908 889640 2276333 7870220 15854631 5753843 7557360 10705489 12965022 52836345 16699510 6401303 10769268 11595129 15241355 60706565 0 42030 38877 80907 42030 38877 80907 60625658 340460 281890 339264 326273 338981 1626868 340460 281890 339264 326273 338981 1626868 925 124730 173694 142366 441715 173558 2509011 3263290 8304 -37890 5916273 17214453 9192204 14496552 12103400 15684812 68691421 0.88260 0.88640 0.02370 0.02280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 67450 162107 229557 16787519 17017076 1000000 250000 0 0 691060 672871 830699 1000000 3194630 4791945 134104 98718 163421 229557 625800 172765 168218 207675 250000 798658 1197987 48119 39148 54945 67450 209662 52625 2444 7835 62904 57308 -4683 52625 51059 6249 57308 51059 51059 51059 51059 0.00000 1.00000 0.00000 0 0 6417881 1883972 4533909 247102 156811 90291 308282 264199 44083 4668283 FINANCE LEASE LIABILITY 23302 OPERATING LEASE PAYABLE 28651 51953 16925372 1431364 1431364 15494008 52319 52319 15546327 17017076 0 17017076 52319 52319 17069395 PART V, LINE 4: FUNDS FOR THE CONTINUATION OF THE ORGANIZATION. 1 GREAT PLAINS ASSOCIATION FOR COLLEGE ADMISSION COUNSELING PO BOX 9274 SHAWNEE MISSION KS 66201 742825732 501(C)(3) 10000 0 TRAVEL EXPENSES TO NACAC CONFERENCE. GRANT PROGRAM TO PROVIDE FREE MEMBERSHIP TO HIGH SCHOOLS AND INDIVIDUALS. PROFESSIONAL DEVELOPMENT OPPORTUNITIES AT THE MIDDLE MANAGEMENT INSTITUTE. INTERNATIONAL ASSOCIATION FOR COLLEGE ADMISSION COUNSELING PO BOX 7693 ARLINGTON VA 22207 141827265 501(C)(3) 10000 0 TRAVEL EXPENSES FOR PARTICIPANTS IN SCHOLARS PROGRAM TO ATTEND CONFERENCE. TRAVEL EXPENSES FOR BOARD MEMBERS TO ATTEND NACAC CONFERENCE. KENTUCKY ASSOCIATION FOR COLLEGE ADMISSION COUNSELING 300 N BROADWAY LEXINGTON KY 40508 800408080 501(C)(3) 10000 0 TRAVEL EXPENSES TO NACAC EVENTS (CONFERENCE, GWI). BUS GRANTS TO HIGH SCHOOLS SO THEY COULD ATTEND KYACAC FAIRS. PROFESSIONAL DEVELOPMENT FOR KYACAC MEMBERS. MICHIGAN ASSOCIATION FOR COLLEGE ADMISSION COUNSELING 5965 COLEMAN ROAD EAST LANSING MI 48823 382888854 501(C)(3) 10000 0 TRANSPORTATION FEES FOR STUDENTS TO CAMP COLLEGE. PROFESSIONAL DEVELOPMENT FOR MEMBERS, INCLUDING SPONSORED MEMBERSHIPS FOR PUBLIC HIGH SCHOOL COUNSELORS. SEED FUNDING FOR MICHIGAN COLLEGE FAIR COMMITTEE. SPEAKER FEES FOR KEYNOTE SPEAKER AT CONFERENCE. MINNESOTA ASSOCIATION FOR COLLEGE ADMISSION COUNSELING 1715 7TH STREET WEST PO BOX 16357 ST PAUL MN 55116 510168533 501(C)(3) 10000 0 TRANSPORTATION GRANTS TO HIGH SCHOOLS SO THEY COULD ATTEND THE MINNESOTA NATIONAL COLLLEGE FAIR. NEW ENGLAND ASSOCIATION FOR COLLEGE ADMISSION COUNSELING PO BOX 639 FEEDING HILLS MA 01030 042612481 501(C)(3) 10000 0 FUNDING FOR THE BOSTON NATIONAL COLLEGE FAIR LOCAL ARRANGEMENTS COMMITTEE. TRAVEL EXPENSES FOR MEMBERS TRAVELING TO THE NACAC NATIONAL CONFERENCE. NEW JERSEY ASSOCIATION FOR COLLEGE ADMISSION COUNSELING 700 ROUTE 15 SOUTH PO BOX 852 LAKE HOPATCONG NJ 07849 222918655 501(C)(3) 10000 0 PROFESSIONAL DEVELOPMENT, INCLUDING TRAINING FOR NEW DEI COMMITTEE. MEMBER ENGAGEMENT AT NACAC CONFERENCE. TRAVEL EXPENSES FOR MEMBER ATTENDING NACAC CONFERENCE AND NJACAC CONFERENCE. OHIO ASSOCIATION FOR COLLEGE ADMISSION COUNSELING PO BOX 959 MARYSVILLE OH 43040 341690450 501(C)(3) 10000 0 SCHOLARSHIPS TOWARD TRAVEL EXPENSES FOR ATTENDEES AT EMERGING LEADERS RETREAT,GWI, AND NACAC NATIONAL CONFERENCE. FUNDING SUPPORT FOR VOLUNTEERS AT CAMP COLLEGE. FUNDING FOR A SCHOLARSHIP FOR A DESERVING HIGH SCHOOL STUDENT. PENNSYLVANIA ASSOCIATION FOR COLLEGE ADMISSION COUNSELING PO BOX 859 ENOLA PA 17025 251494230 501(C)(3) 10000 0 SPEAKER TRAVEL FEES TO PACAC ANNUAL CONFERENCE. TRAVEL EXPENSES FOR LEADERSHIP TO LEAD CONFERENCE AND NACAC CONFERENCE 2023. GRANT FUNDING GIVEN TO ATTENDEES TO ATTEND NACAC CONFERENCE 2023. WISCONSIN ASSOCIATION FOR COLLEGE ADMISSION COUNSELING 3401 W WISCONSIN AVENUE MILWAUKEE WI 53208 392008828 501(C)(3) 10000 0 ANNUAL MEMBERSHIP FEES FOR UNDER-ENGAGED MEMBERSHIP SEGMENTS. TRAVEL EXPENSES FOR LEADERHIP TO ATTEND LEAD CONFERENCE AND NACAC CONFERENCE 2023. SPEAKER FEES FOR SPEAKERS AT WISCONSIN ACAC ANNUAL CONFERENCE. INDIANA ASSOCIATION FOR COLLEGE ADMISSION COUNSELING 185 KINGS CROSS COURT NOBLESVILLE IN 46060 351570346 501(C)(3) 9900 0 FUNDING TO TRANSPORT STUDENTS TO THE INDIANAPOLIS METRO FAIR. SPEAKER FEES FOR AFFILIATE CONFERENCE. STIPEND TO HIGH SCHOOL PRINCIPALS WHO PARTICIPATED AS PANELIST SPEAKERS. PROFESSIONAL DEVELOPMENT FOR OFFFICERS. DAKOTA ASSOCIATION FOR COLLEGE ADMISSION COUNSELING 1737 S CLEVELAND AVE SIOUX FALLS SD 57013 460368468 501(C)(3) 8975 0 TRAVEL EXPENSES TO LEAD AND NACAC CONFERENCE. ADDITIONALLY, THIS GRANT COVERED THE PRESIDENTIAL DINNER HELD DURING LEAD. IOWA ASSOCIATION FOR COLLEGE ADMISSION COUNSELING 1110 S 12TH AVENUE NEWTON IA 50208 421182495 501(C)(3) 6000 0 FREE MEMBERSHIPS, CONFERENCE FEES, AND TRAVEL FEES TO AFFILIATE CONFERENCE FOR HIGH SCHOOL COUNSELORS. TRANSPORTATION EXPENSES FOR THE RIDE ACROSS IOWA PROGRAM. 13 0 PART I, LINE 2: THE GRANT FOR AFFILIATE IMPACT BY NACAC PROVIDES FUNDS FOR AFFILIATE ORGANIZATIONS FOR MISSION-BASED ACTIVITIES. AFFILIATES MUST COMPLETE AND SUBMIT AN APPLICATION AND BUDGET, WHICH IS REVIEWED BY A PANEL OF PAST AFFILIATE LEADERS. FUNDS ARE AWARDED AND DISPERSED IN A TIMELY MANNER. AFFILIATES MUST PROVIDE A YEAR-END REPORT OF ACTIVITIES AND FINANCIAL REPORTS TO NACAC BEFORE BECOMING ELIGIBLE FOR NEW FUNDING ALLOCATIONS IN SUBSEQUENT YEAR. X X X X 0 0 0 0 0 0 0 0 0 ANGEL PEREZ CHIEF EXECUTIVE OFFICER 414151 0 0 0 0 0 26400 0 17979 0 458530 0 0 0 SHANTEL GOODMAN-LUCKETT CHIEF EXPERIENCE OFFICER 205864 0 0 0 0 0 17009 0 19534 0 242407 0 0 0 DAVID HAWKINS CHIEF EDUCATION & POLICY OFFICER 210634 0 0 0 0 0 17008 0 10323 0 237965 0 0 0 ASHLEY PERZYNA CHIEF OPERATING OFFICER 186537 0 0 0 0 0 15056 0 11289 0 212882 0 0 0 MICHELLE LUCAS DATABASE MGMT & INTEGRATIONS DIR. 150541 0 0 0 0 0 12939 0 43987 0 207467 0 0 0 MELANIE PARRA CHIEF COMMUNICATIONS OFFICER 182752 0 0 0 0 0 14606 0 742 0 198100 0 0 0 PIA BROWN DIRECTOR, EVENTS & MEETINGS 168420 0 0 0 0 0 13965 0 14970 0 197355 0 0 0 UZURA GARVIN CFO (UNTIL 8/2023) 151617 0 0 0 0 0 12378 0 9751 0 173746 0 0 0 JOHN HOLLEMON DIR. OF DIV., EQUITY & INCL. 154332 0 0 0 0 0 12800 0 8681 0 175813 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NACAC IS A MEMBERSHIP ASSOCIATION COMPRISED OF INSTITUTIONS, ORGANIZATIONS, AND INDIVIDUALS DEDICATED TO SERVING STUDENTS AS THEY EXPLORE OPTIONS AND MAKE CHOICES ABOUT PURSUING POST-SECONDARY EDUCATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE EITHER VOTING MEMBERS OR NON-VOTING MEMBERS DEPENDENT UPON ELIGIBILITY CRITERIA AS SET FORTH IN THE NACAC BYLAWS. VOTING NACAC MEMBERS ELECT DELEGATES FROM WITHIN THEIR AFFILIATE ORGANIZATIONS TO THE NACAC ASSEMBLY. FORM 990, PART VI, SECTION A, LINE 7B ELECTION OF ASSOCIATION OFFICERS/DIRECTORS AND AMENDMENTS TO THE CEPP: NACAC'S CODE OF ETHICS AND PROFESSIONAL PRACTICES (REPLACED, IN SEPTEMBER 2020, BY THE GUIDE TO ETHICAL PRACTICE IN COLLEGE ADMISSION) MUST BE APPROVED BY THE NACAC ASSEMBLY. CHANGES TO THE BYLAWS MUST BE APPROVED BY THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED JOINTLY BY AN EXTERNAL ACCOUNTING FIRM AND NACAC STAFF, AND WAS REVIEWED BY NACAC'S CONTROLLER, CHIEF OPERATING OFFICER, AND CHIEF EXECUTIVE OFFICER. IT WAS SHARED WITH THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, EXECUTIVES, DIRECTORS, AND ALL EMPLOYEES ARE REQUIRED TO ANNUALLY REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY. PRIOR TO NACAC BOARD OR COMMITTEE ACTION ON A CONTRACT, LOAN OR OTHER TRANSACTION INVOLVING A CONFLICT OF INTEREST, A COVERED PERSON HAVING A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE TO THE BOARD OF DIRECTORS OR COMMITTEE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A COVERED PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. IF IT IS NOT ENTIRELY CLEAR THAT A CONFLICT OF INTEREST EXISTS, THE COVERED PERSON WITH THE POTENTIAL CONFLICT OR ANY OTHER PERSON WHO BECOMES AWARE OF THE POTENTIAL CONFLICT MAY DISCLOSE THE CIRCUMSTANCES TO THE BOARD OF DIRECTORS, WHO SHALL DETERMINE WHETHER THERE EXISTS A CONFLICT OF INTEREST THAT IS SUBJECT TO THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE NACAC BOARD OF DIRECTORS IS RESPONSIBLE FOR CONDUCTING THE REVIEW OF MATERIALS ASSOCIATED WITH THE CHIEF EXECUTIVE OFFICER'S (CEO) ANNUAL PERFORMANCE EVALUATION AND REACHING AGREEMENT ABOUT ANNUAL COMPENSATION. THE COMPENSATION COMMITTEE MUST USE THE CEO'S CONTRACT AS A GUIDE WHEN DECIDING UPON A BONUS AND ANNUAL SALARY ADJUSTMENT. IN THE CONTRACT CREATION/RENEWAL PROCESS, THE BOARD UTILIZES DUE DILIGENCE TO COLLECT DATA FOR CONTRACT NEGOTIATION. EXAMPLES OF DUE DILIGENCE ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, COMPARABILITY DATA FROM HIGHER EDUCATION ASSOCIATIONS, A 360-REVIEW, DOCUMENTATION OF CHANGES TO THE ORGANIZATION AND INDUSTRY, ETC. ANNUALLY, THE BOARD CHAIR, ON BEHALF OF THE COMPENSATION COMMITTEE, WILL SOLICIT ANONYMOUS FEEDBACK FROM THE BOARD OF DIRECTORS AND LEADERSHIP TEAM (STAFF) IN THE FORM OF A SURVEY TO AID IN THE EVALUATION OF THE CEO'S PERFORMANCE AGAINST THEIR GOALS AND CORE COMPETENCIES. THE FEEDBACK IS SUBMITTED TO, AND MONITORED BY, THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE MUST USE THE CEO'S CONTRACT AS A GUIDE WHEN DECIDING UPON A BONUS AND ANNUAL SALARY ADJUSTMENT. THE DECISION MUST BE DOCUMENTED BY A VOTE OF THE COMPENSATION COMMITTEE AND A DOCUMENTED REVIEW OF THE CEO'S PERFORMANCE EACH YEAR. THIS PROCESS WAS LAST PERFORMED IN DECEMBER 2023. THE CEO WILL HAVE A MEETING WITH THE CHAIR-ELECT, CHAIR OF THE BOARD, AND IMMEDIATE PAST CHAIR TO DISCUSS THEIR ANNUAL PERFORMANCE EVALUATION. DURING OR FOLLOWING THIS CONVERSATION, THE CEO WILL BE INFORMED OF THEIR ADJUSTMENT FOR THE FOLLOWING YEAR. THE CHAIR OF THE BOARD THEN INFORMS THE NACAC HR/FINANCE AND ACCOUNTING DEPARTMENT TO DOCUMENT THE SALARY ADJUSTMENT FOR UPCOMING PAYROLL. IN ACCORDANCE WITH NACAC'S ORGANIZATIONAL COMPENSATION PROCESS, THE CEO MUST EXECUTE THEIR SALARY LETTER FOR COMPLIANCE PURPOSES. THE DECISION OF THE COMPENSATION COMMITTEE IS THEN ENSHRINED IN THE FISCAL YEAR BUDGET, UPON WHICH THE FULL BOARD VOTES. FORM 990, PART VI, SECTION C, LINE 19 NACAC'S GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER LABOR: PROGRAM SERVICE EXPENSES 42,409. MANAGEMENT AND GENERAL EXPENSES 29,300. FUNDRAISING EXPENSES 7,568. TOTAL EXPENSES 79,277. RETRIEVAL: PROGRAM SERVICE EXPENSES 301,970. MANAGEMENT AND GENERAL EXPENSES 208,625. FUNDRAISING EXPENSES 53,885. TOTAL EXPENSES 564,480. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 794,635. MANAGEMENT AND GENERAL EXPENSES 534,441. FUNDRAISING EXPENSES 165,519. TOTAL EXPENSES 1,494,595.