2024-11-15T07:20:48-06:00 2023-12-31 311697408 Thomas A Rankin & Company 996 Poppy Hills Drive Blacklick OH 43004 990 2023-01-01 310746875 ASSOCIATION OF INDEPENDENT COLLEGES & UNIVERSITIES OF OHIO ASSO 6142282196 41 S HIGH STREET 1690 COLUMBUS OH 43215 C TODD JONES PRESIDENT 6142282196 2024-11-12 1 0 P00958888 6145466669 2024-11-12 2023 2024-10-15 13:58:12Z C TODD JONES 41 S HIGH STREET 1690 COLUMBUS OH 43215 1617020 0 X WWW.AICUO.EDU X 1969 OH IT SHALL BE THE PURPOSE OF THIS ORGANIZATION TO SPEAK IN THE NAME OF THE MEMBERS IN MATTERS AS THEY SERVE AND PROMOTE THE PURPOSES OF THE TOTAL OHIO HIGHER EDUCATION SYSTEM AND ACCEPT RESPONSIBILITY FOR THEIR SHARE OF THE EDUCATIONAL FUNCTION. IT SHALL FURTHER BE THE PURPOSE OF THIS ORGANIZATION TO PROMOTE AND ADVANCE THE INTERESTS OF THE OHIO SYSTEM OF HIGHER EDUCATION, WITH SPECIAL CONCERN FOR THE DUAL NATURE OF THE SYSTEM, ITS QUALITY, FREEDOM AND RESPONSIBILITY TO SERVE THE EDUCATIONAL AND CULTRUAL NEEDS OF THE STATE, NATION AND WORLD. IT SHALL FURTHER BE THE PURPOSE OF THIS ORGANIZATION TO ASSIST IN COOPERATIVE ENDEAVORS WITH STATE ASSISTED INSTITUTIONS AND AGENCIES IN PERFORMING THE EDUCATIONAL TASKS AND MEETING THE EDUCATIONAL NEEDS OF OHIO. IT SHALL FURTHER BE THE PURPOSE OF THIS ORGANIZATION TO REPRESENT THE INTERESTS AND TO PROTECT AND PROMOTE THE GENERAL WELFARE OF THE MEMBERS LOCATED IN THE STATE OF OHIO. 51 0 7 0 0 0 0 0 1418491 1487553 8235 22078 62365 107389 1489091 1617020 0 0 0 0 958396 1104432 0 0 0 348572 350052 1306968 1454484 182123 162536 1103835 1246143 20795 568 1083040 1245575 X TO REPRESENT THE INTEREST OF ITS MEMBERS TO OHIO'S LAWMAKERS, REGULATORS AND CITIZENS. TO STRENGTHEN STUDENT FINANCIAL AID PROGRAMS AND BRING ABOUT A GREATER UNDERSTANDING OF THE IMPACT AND CONTRIBUTIONS OF OHIO INDEPENDENT COLLEGES AND UNIVERSITIES. TO PROMOTE THE WELL BEING OF OHIO HIGHER EDUCATION AS A WHOLE, WITH SPECIAL REGARD FOR THE DUAL PRIVATE/PUBLIC NATURE OF THE RESPONSIBILITY TO SERVE THE EDUCATIONAL, SOCIAL AND CULTURAL NEEDS OF THE STATE OF THE NATION. 0 0 14421 SPECIAL EVENT - SEMINARS 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 7 0 0 0 0 0 0 0 0 0 X 51 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X C TODD JONES 6142282196 41 SOUTH HIGH STREET SUITE 1690 COLUMBUS OH 43215 DR ERIC SPINA CHAIR 2.00 X 0 0 0 JOHN COMERFORD TREASURER 2.00 X 0 0 0 DR LILLIAN SCHUMACHER VICE CHAIR 2.00 X 0 0 0 DR KATHERINE FELL IMMEDIATE PAST CHAIR 2.00 X 0 0 0 SISTER CHRISTINE DE VINNE SECRETARY 2.00 X 0 0 0 NANCY RECCHIE TRUSTEE MEMBER 2.00 X 0 0 0 RICK CARFAGNA TRUSTEE MEMBER 2.00 X 0 0 0 GREG KING PRESIDENT MEMBER 2.00 X 0 0 0 JEAN PADDOCK PRESIDENT MEMBER 2.00 X 0 0 0 C TODD JONES PRESIDENT 40.00 X 360930 0 79390 EMILY TULLY EMPLOYEE 40.00 X 182000 0 23542 MANILATH JAMES EMPLOYEE 40.00 X 123000 0 25623 665930 0 128555 3 0 1 0 0 MEMBERSHIP DUES 900099 1473132 1473132 SPECIAL EVENTS - SEMIN 900099 14421 14421 1487553 22078 22078 7200 0 7200 7200 7200 LEGAL SETTLEMENT 900099 55000 55000 REFUNDS/REBATE 900099 45189 45189 100189 1617020 1587742 0 29278 665930 665930 202864 202864 111779 111779 69993 69993 53866 53866 3400 3400 28680 28680 23929 23929 36105 36105 102539 102539 44284 44284 6443 6443 5627 5627 1317 1317 SOFTWARE; DATA BASE MAN 36713 36713 DUES & SUBSCRIPTIONS 35189 35189 COUNSELORS' GUIDE 25165 25165 MISCELLANEOUS 661 661 1454484 0 1454484 0 241290 207945 39889 198959 150000 150000 128850 104002 18477 24848 642769 664391 11410 1103835 1246143 20795 568 20795 568 X 1083040 1245575 1083040 1245575 1103835 1246143 162536 -1 0 X 0 1 X 1 0 128850 104002 24848 24848 MERRILL LYNCH 664391 C 664391 X 1617020 0 1617020 0 1617020 1454484 0 1454484 0 1454484 Part X, Line 2: THE ASSOCIATION HAS EVALUATED THE TAX POSITIONS IT HAS TAKEN, OR EXPECTS TO TAKE, IN THE COURSE OF PREPARING ITS TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. ACCOUNTING PRINICPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE BENEFIT ARISING FROM AN UNCERTAIN TAX POSITION TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGIATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE ASSOCIATION HAS TAKEN ANY SIGNIFICANT UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE ITS EXEMPT STATUS IN JEOPARDY AS OF DECEMBER 31, 2023. THE ASSOCIATION'S 2022, 2021 AND 2020 FEDERAL TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEIR DUE DATE. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 C TODD JONES PRESIDENT 360930 0 0 0 0 0 0 0 79390 0 440320 0 0 0 EMILY TULLY EMPLOYEE 173000 0 9000 0 0 0 0 0 23542 0 205542 0 0 0 LARRY H CHRISTMAN SPLIT DOLLAR LIFE INSURANCE POLICY X 150000 150000 0 1 1 150000 Form 990, Part VI, Section A, line 6 INSTITUTIONS ELIGIBLE FOR MEMBERSHIP IN THE ORGANIZATION ARE PRIVATELY CONTROLLED NONPROFIT, ASSOCIATE, BACCALAUREATE OR GRADUATE DEGREE INSTITUTIONS LOCATED IN OHIO, EXCLUDING THEOLOGICAL SCHOOLS, ACCREDITED BY THE HIGHER LEARNING COMMISSION OF THE NORTH CENTRAL ASSOCIATION OF COLLEGES AND SCHOOLS (HLC), OR IN RECEIPT OF, AS AN OHIO INSTITUTION, A CERTIFICATE OF AUTHORIZATION TO GRANT DEGREES FROM THE OHIO BOARD OF REGENTS, AND IN THE CASE OF OTHERWISE QUALIFIED THEOLOGICAL SCHOOLS, THOSE THAT ARE ACCREDITED BY HLC. AN ELIGIBLE INSTITUTION SHALL BECOME A MEMBER UPON APPLICATION SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE ASSOCIATION AND APPROVAL OF 2/3'S OF THE VOTING REPRESENTATIVE PRESENT AT ANY MEETING OF THE BOARD OF DIRECTORS, A QUORUM BEING PRESENT. ALL MEMBERS ARE REQUIRED TO PARTICIPATE IN THE AFFAIRS OF THE ASSOCIATION AND PAY FEES, DUES AND ASSESSMENTS VOTED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section A, line 7a THE BOARD OF DIRECTORS CONSISTS OF THE CHIEF EXECUTIVE OFFICER OF EACH MEMBER ORGANIZATION. ANNUALLY THE BOARD ELECTS OFFICERS AND OTHER MEMBERS OF THE EXECUTIVE COMMITTEE. Form 990, Part VI, Section A, line 7b THE BOARD OF DIRECTORS/MEMBERS IS THE CHIEF POLICY MAKING BODY OF THE ASSOCIATION AND IS ULTIMATELY RESPONSIBLE FOR THE OPERATION OF THE ASSOCIATION, THE ELECTION OF OFFICERS AND MEMBERS OF THE EXECUTIVE COMMITTEE AND THE APPROVAL OF THE BUDGET. EACH MEMBER OF THE BOARD OF DIRECTORS SHALL HAVE EQUAL AND INDEPENDENT VOTING PRIVILEGES. Form 990, Part VI, Section B, line 11b THE DRAFT 990 IS PRESENTED TO MEMBERSHIP ELECTRONICALLY PRIOR TO FILING. REQUESTS FOR CHANGES ARE BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE FOR ACTION. Form 990, Part VI, Section B, line 12c EACH EXECUTIVE COMMITTEE MEMBER OR OFFICER OF THE ORGANIZATION HAS A DUTY TO DISCLOSE TO THE EXECUTIVE COMMITTEE AND TO ANY APPLICABLE COMMITTEE OF THE BOARD, THE MATERIAL FACTS OF ANY PROPOSED TRANSACTION OF THE ORGANIZATION IN WHICH SUCH DIRECTOR AND OFFICER HAS ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. THIS DISCLOSURE MUST BE MADE PRIOR TO ANY CONSIDERATION OF SUCH PROPOSED TRANSACTION BY THE EXECUTIVE COMMITTEE, THE BOARD OF DIRECTORS, OR ANY APPLICABLE COMMITTEE OF THE BOARD. THE DIRECTOR OR OFFICER HAVING THE CONFLICT SHALL NOT PARTICIPATE IN THE FINAL DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION, AND SHALL IF ANY MEMBER OF THE EXECTUVIE COMMITTEE REQUESTS, OR THE PERSON DEEMS IT APPROPRIATE, RETIRE FROM THE ROOM DURING DELIBERATIONS. ANY PROPOSED TRANSACTION IN WHICH A DIRECTOR OR OFFICER HAS A CONFLICT OF INTEREST MUST BE APPROVED BY A MAJORITY OF THE DIRECTORS OF THE EXECUTIVE COMMITTEE, THE BOARD OF DIRECTORS, OR APPLICABLE COMMITTE OF THE BOARD ENTITLED TO VOTE OTHER THAN THE INTERESTED DIRECTOR(S) AT A MEETING WHICH A QUORUM IS PRESENT, EVEN THOUGH THE DISINTERESTED DIRECTORS MAY CONSTITUTE LESS THAN QUORUM. SUCH INTERESTED DIRECTOR(S), IF PRESENT, MAY BE COUNTED SOLELY FOR PURPOSES OF DETERMINING WHETHER A QUORUM IS PRESENT. THE MINUTES OF THE MEETING OF THE EXECUTIVE COMMITTE, BOARD OF DIRECTORS, OR THE COMMITTEE OF THE BOARD SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED AND THAT THE INTERESTED PERSON DID NOT VOTE OR PARTICIPATE IN THE FINAL DISCUSSIONS, AND IF APPROPRIATE WAS NOT PRESENT DURING SUCH DISCUSSIONS AND VOTE. WHERE THERE IS A DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY A VOTE OF THE EXECUTIVE COMMITTEE, BOARD OF DIRECTORS, OR THE COMMITTEE OF THE BOARD, EXCLUDING THE PERSON CONCERNED WHOSE SITUATION THE POTENTIAL CONFLICT HAS ARISEN. Form 990, Part VI, Section B, line 15 COMPENSATION IS REVIEWED BY THE CHAIR AND BOARD MEMBERS, AND COMPARED TO SIMILAR POSITIONS AND ORGANIZATIONS WITHIN THE ORGANIZATION'S INDUSTRY USING SALARY-AND-BENEFITS SURVEY DATA AND PUBLICLY AVAILABLE PEER SALARY DATA. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.