2024-02-02T08:21:49-06:00 2023-09-30 222027092 WITHUM SMITH BROWN PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2022-10-01 046112618 NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES INC NEWE 7814257700 1115 WESTFORD STREET THIRD FLOOR LOWELL MA 01851 CAMERON C STAPLES PRESIDENT 7814257700 2024-01-25 1 CAMERON STAPLES XXX-XX-XXXX 0 DAVID A DIIULIS P00303577 6174711120 2024-01-25 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CAMERON C STAPLES 1115 WESTFORD STREET THIRD FLOOR LOWELL MA 01851 18268023 0 X WWW.NEASC.ORG X 1885 MA SEE SCHEDULE O. 17 16 43 1173 0 0 19000 18000 7525827 7475783 80348 266677 156115 -276397 7781290 7484063 0 0 0 0 5447817 5675771 0 0 0 3146657 1670392 8594474 7346163 -813184 137900 16030739 18031518 6231564 7622284 9799175 10409234 SEE SCHEDULE O. 0 0 3739077 7368653 THE ASSOCIATION PROVIDES ACCREDITATIONS AND EVALUATIONS OF MEMBER AND CANDIDATE SCHOOLS. THE ASSOCIATION ACCREDITED AND/OR EVALUATED OVER 1,800 SCHOOLS DOMESTICALLY AND INTERNATIONALLY. THE ACCREDITATIONS AND EVALUATIONS WERE PERFORMED BY APPROXIMATELY 2,000 VOLUNTEERS, PROVIDING AN ESTIMATED 46,000 HOURS OF SERVICE TO THE ORGANIZATION. 69291 107130 THE ASSOCIATION HOLDS WORKSHOPS FOR MEMBER SCHOOLS, INCLUDING SELF-STUDY, CHAIR PREPARATION, FOLLOW-UP WORKSHOPS, AND OTHER WORKSHOPS. 3808368 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 27 0 1 43 1 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X CAMERON C STAPLES 7814257707 1115 WESTFORD STREET 3RD FLOOR LOWELL MA 01851 CAMERON C STAPLES PRESIDENT/CEO 35.00 X X 390109 0 48733 CELESTE BOWLER CHAIR 5.00 X X 0 0 0 LAURA G WARNER TREASURER 5.00 X X 0 0 0 ELIZABETH W HUERGO SECRETARY 5.00 X X 0 0 0 GREGORY B MYERS CHAIR ELECT 5.00 X X 0 0 0 PAUL M FOCHTMAN TRUSTEE 5.00 X 0 0 0 ROBERT N BALDWIN TRUSTEE 5.00 X 0 0 0 HOWARD THIERY TRUSTEE 5.00 X 0 0 0 THOMAS E HASSAN TRUSTEE 5.00 X 0 0 0 SHARON COURNOYER TRUSTEE 5.00 X 0 0 0 CHRISTINE L MCGRATH TRUSTEE 5.00 X 0 0 0 JAMES W ABRAMS TRUSTEE 5.00 X 0 0 0 PAUL DAIGLE TRUSTEE 5.00 X 0 0 0 KEVIN MCCASKILL TRUSTEE 5.00 X 0 0 0 EILEEN M ILLUZZI TRUSTEE 5.00 X 0 0 0 THEODORE N SCONTRAS TRUSTEE 5.00 X 0 0 0 ANGELA POHLEN TRUSTEE 5.00 X 0 0 0 GEORGE EDWARDS CHIEF ACCREDITATION OFFICER 35.00 X 232531 0 43072 EVAN MORSE CHIEF OPERATIONS OFFICER 35.00 X 203679 0 39838 JEFF BRADLEY DIRECTOR FOR ACCREDITATION AND SCHOOL IMPROVEMENT 35.00 X 214573 0 51501 DANIEL FERRIS DIRECTOR FOR ACCREDITATION AND SCHOOL IMPROVEMENT 35.00 X 165163 0 46890 ALYSON GEARY SWIGA DIRECTOR FOR ACCREDITATION AND SCHOOL IMPROVEMENT 35.00 X 172158 0 38950 JAMES MOONEY DEPUTY DIRECTOR 35.00 X 151121 0 45686 KATHLEEN MONTAGANO ASSOCIATE DIRECTOR 35.00 X 150777 0 16704 1680111 0 331374 16 0 1 0 DARLENE FISHER 1115 WESTFORD STREET THIRD FLOOR LOWELL MA 01851 INTERNATIONAL ACCREDITING CONSULTANT 107663 1 18000 18000 ACCREDITATION AND EVALUATION 611710 7190453 7190453 CONTRACT REVENUE 611710 107381 107381 WORKSHOPS 611710 107130 107130 ANNUAL MEETINGS 611710 70819 70819 7475783 238509 238509 174466 450863 -276397 -276397 -276397 10155284 205981 10126311 206786 28973 -805 28168 28168 7484063 7475783 0 -9720 957961 957961 3675377 2635512 1039865 429754 228640 201114 313841 265579 48262 298838 174117 124721 19182 19182 40858 40858 34609 34609 112777 112777 17696 388 17308 37297 7609 29688 200184 200184 54406 17218 37188 224927 157984 66943 167834 120851 46983 111983 111983 187494 187494 ANNUAL MEETING 148384 148384 PUBLIC RELATIONS 92072 92072 WORKSHOP EXPENSE 69291 69291 PAYROLL FEES 55065 55065 96333 18402 77931 7346163 3808368 3537795 0 965447 649578 320092 210930 124432 1471521 85620 106511 5368648 441253 4788290 4927395 9692051 10649388 17211 16195 37596 0 16030739 18031518 576658 663197 5203542 6550769 451364 408318 6231564 7622284 X 9767175 10377234 32000 32000 9799175 10409234 16030739 18031518 137900 493891 -21732 0 X X 0 1 X 1 0 X 49039 46850 784428 19000 18000 917317 7639035 7225956 7200276 7525827 7475783 37066877 7688074 7272806 7984704 7544827 7493783 37984194 0 0 0 37984194 256740 205998 95470 81479 412975 1052662 256740 205998 95470 81479 412975 1052662 7944814 7478804 8080174 7626306 7906758 39036856 0.97300 0.97820 0.02700 0.02180 X 3907549 249000 581889 999 4737439 5982786 -853608 519 1221110 3907549 6870222 1085293 325 1972404 5982786 6273395 610237 486 12924 6870222 8148945 222544 620 2097474 6273395 0.99578 0.00422 0.00000 0 0 4023850 197227 3826623 62730 5099 57631 779894 203013 576881 502174 35914 466260 4927395 ACCRUED POST RETIREMENT MEDICAL BENEFITS 408318 408318 X 8407890 493891 450863 944754 7463136 21732 -805 20927 7484063 7797026 450863 450863 7346163 0 7346163 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO SUPPORT THE PROGRAMS OF THE ASSOCIATION. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES, THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE CORPORATION MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. THE ASSOCIATION DOES NOT EXPECT ANY MATERIAL CHANGES IN ITS POSITION REGARDING THIS MATTER IN THE NEXT TWELVE MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 450,863. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -805. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 450,863. VARIOUS 0 1 PROGRAM SERVICES EMPLOYEE MAINTAINED FOR SCHOOL CONTRACT 127338 VARIOUS 0 4 PROGRAM SERVICES INDEPENDENT CONTRACTOR 329719 0 5 0 0 0 5 457057 0 457057 0 0 0 0 0 0 PART I, LINE 3: ALL EXPENSES ARE TRACKED BY THE ASSOCIATION WHEN INCURRED. PART III ACCOUNTING METHOD: 1 X X X X X 0 0 0 0 0 0 0 0 0 CAMERON C STAPLES PRESIDENT/CEO 390109 0 0 0 0 0 47197 0 1536 0 438842 0 0 0 GEORGE EDWARDS CHIEF ACCREDITATION OFFICER 232531 0 0 0 0 0 23757 0 19315 0 275603 0 0 0 JEFF BRADLEY DIRECTOR FOR ACCREDITATION AND SCHOO 214573 0 0 0 0 0 22550 0 28951 0 266074 0 0 0 EVAN MORSE CHIEF OPERATIONS OFFICER 203679 0 0 0 0 0 20853 0 18985 0 243517 0 0 0 DANIEL FERRIS DIRECTOR FOR ACCREDITATION AND SCHOO 165163 0 0 0 0 0 17328 0 29562 0 212053 0 0 0 ALYSON GEARY SWIGA DIRECTOR FOR ACCREDITATION AND SCHOO 172158 0 0 0 0 0 17978 0 20972 0 211108 0 0 0 JAMES MOONEY DEPUTY DIRECTOR 151121 0 0 0 0 0 15739 0 29947 0 196807 0 0 0 KATHLEEN MONTAGANO ASSOCIATE DIRECTOR 150777 0 0 0 0 0 14727 0 1977 0 167481 0 0 0 FORM 990 - ORGANIZATION'S MISSION THE MISSION IS TO ADVANCE THE CAUSE OF EDUCATION IN THE COLLEGES AND SCHOOLS OF NEW ENGLAND AND OF OTHER GEOGRAPHICAL AREAS DESIGNATED FROM TIME TO TIME BY THE BOARD OF TRUSTEES. IN ADDITION, THE ASSOCIATION IS TO ACT AS A REGIONAL ACCREDITING ORGANIZATION DEDICATED TO THE ESTABLISHMENT OF COOPERATIVE RELATIONS AMONG THE COLLEGES AND SCHOOLS OF NEW ENGLAND AND OF OTHER GEOGRAPHICAL AREAS DESIGNATED FROM TIME TO TIME BY THE BOARD OF TRUSTEES. THE ASSOCIATION STRIVES TO DEVELOP, MAINTAIN, AND IMPROVE SOUND EDUCATIONAL STANDARDS, AND TO PROMOTE THE INTERESTS IN COMMON TO BOTH COLLEGES AND SCHOOLS. FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOLS WHO ARE ACCREDITED BY THE ASSOCIATION ARE CONSIDERED MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS MAY ELECT THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING FORM 990, AN ELECTRONIC COPY IS EMAILED TO EACH BOARD OF TRUSTEES MEMBER FOR HIS/HER REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, KEY EMPLOYEE, AND TRUSTEE IS ASKED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. MANAGEMENT REVIEWS AND FOLLOWS UP ON EVERY QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS DETERMINED BY THE COMPENSATION COMMITTEE AND IS DOCUMENTED IN HIS/HER EMPLOYMENT CONTRACT. COMPENSATION FOR THE KEY EMPLOYEES IS DETERMINED BY THE COMMISSION USING COMPARABILITY DATA AND IS DOCUMENTED FOR ALL OTHER KEY EMPLOYEES. THE CEO USES OUTSIDE ORGANIZATIONS FOR COMPARABILITY DATA AND RECOMMENDS SALARY TO THE PERSONNEL COMMITTEE WHICH RECOMMENDS IT TO THE FINANCE COMMITTEE. THE FINANCE COMMITTEE RECOMMENDS THE BUDGET, INCLUDING SALARIES, TO THE BOARD OF TRUSTEES. ALL IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS OF THE ASSOCIATION ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE CURRENT YEAR. 1115 WESTFORD STREET LLC 1115 WESTFORD ST 3RD FLOOR LOWELL MA 01851 000000000 TO HOLD TITLE OF PROPERTY. MA -278418 3851498 NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES INC