2024-05-13T08:48:07-05:00 2023-06-30 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2022-07-01 461548064 MID-ATLANTIC REGION COMMISSION ON HIGHER EDUCATION MID- 2672845024 1007 N ORANGE ST FL4 166 WILMINGTON DE 19801 KATHIE JEFFRIES VP FOR FINANCE & CFO 2672845000 2024-04-03 1 KATHIE JEFFRIES 999009999 0 HELEN M MARTIN P01330899 2158818800 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MIDDLE STATES COMM ON HIGHER EDUCAT DR HEATHER PERFETTI 1007 N ORANGE ST FL4 166 WILMINGTON DE 19801 9892204 0 X WWW.MSCHE.ORG X 2013 PA THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION (MSCHE) PROMOTES EDUCATIONAL EXCELLENCE THROUGH INNOVATION ACROSS DIVERSE INSTITUTIONS. 27 27 41 600 0 0 0 0 8912245 9561008 2795039 324223 329633 6973 12036917 9892204 0 0 0 0 5793449 6368249 0 0 0 2181597 2474034 7975046 8842283 4061871 1049921 17355711 18402901 1218689 763949 16137022 17638952 THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION (MSCHE) PROMOTES EDUCATIONAL EXCELLENCE THROUGH INNOVATION ACROSS DIVERSE INSTITUTIONS. 0 0 8202465 9561008 THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION PROVIDES SERVICES TO MEMBER INSTITUTIONS FOR VARIOUS ACTIVITIES INCLUDING INSTITUTIONAL SITE VISITS FOR EVALUATION AND MONITORING BY COMMISSION REPRESENTATIVES AND CHARGING THE INSTITUTIONS FOR EVENTS. THESE INSTITUTIONS ARE LOCATED THROUGHOUT THE UNITED STATES AS WELL AS GLOBALLY. 8202465 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 49 0 1 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KATHIE JEFFRIES VP FOR FINANCE & CFO 2672845024 1007 N ORANGE ST FL4166 WILMINGTON DE 19801 DR DAVIE JANE GILMOUR CHAIR 1.00 X X 0 0 0 DR KATHERINE S CONWAY-TURNER VICE-CHAIR 1.00 X X 0 0 0 MR LLOYD RICKETTS TREASURER 1.00 X X 0 0 0 DR VALERIE D LEHR CORPORATE SECRETARY 1.00 X X 0 0 0 DR MARYANN BAENNINGER COMMISSIONER (THROUGH 12/31/22) 1.00 X 0 0 0 MS LAURIE CARTER COMMISSIONER 1.00 X 0 0 0 MR MICHAEL COLLINS COMMISSIONER 1.00 X 0 0 0 DR MICHAEL J FISCHER COMMISSIONER 1.00 X 0 0 0 DR WAYNE FREDERICK COMMISSIONER 1.00 X 0 0 0 MR ARIEL GUZMAN COMMISSIONER 1.00 X 0 0 0 DR SUE HENDERSON COMMISSIONER (THROUGH 09/14/22) 1.00 X 0 0 0 DR M KAREN JOGAN COMMISSIONER 1.00 X 0 0 0 DR CHRISTOPHER KENNY COMMISSIONER 1.00 X 0 0 0 DR GERALD C KOBYLSKI MBA PE COMMISSIONER 1.00 X 0 0 0 DR SUSAN D LOONEY COMMISSIONER 1.00 X 0 0 0 MS VUYOKAZI MEMANI-SEDI COMMISSIONER 1.00 X 0 0 0 DR JONATHAN PERI COMMISSIONER 1.00 X 0 0 0 MR RICHARD J PINKOWSKI JR COMMISSIONER 1.00 X 0 0 0 MS BARBARA ANNE PRATT COMMISSIONER 1.00 X 0 0 0 DR DAVID REHM COMMISSIONER 1.00 X 0 0 0 DR HAVIDAN RODRIGUEZ COMMISSIONER 1.00 X 0 0 0 DR OLGA RODRIGUEZ DE ARZOLA COMMISSIONER 1.00 X 0 0 0 DR STEVEN M ROSE COMMISSIONER 1.00 X 0 0 0 DR SCOTT SCHAEFFER COMMISSIONER 1.00 X 0 0 0 MR JOHN SCHIAVONE COMMISSIONER (THROUGH 4/27/23) 1.00 X 0 0 0 MR GEORGE SULLIVAN COMMISSIONER 1.00 X 0 0 0 DR JAMES SUNSER COMMISSIONER 1.00 X 0 0 0 MS ROBERTA GRIFFIN TORIAN COMMISSIONER 1.00 X 0 0 0 MS KIMBERLY DAVENPORT COMMISSIONER (EFF 4/27/23) 1.00 X 0 0 0 DR HEATHER KELLY COMMISSIONER (EFF 11/16/22) 1.00 X 0 0 0 DR HEATHER PERFETTI PRESIDENT 40.00 X 436340 0 66809 MS KATHIE JEFFRIES VP FOR FINANCE & CFO 40.00 X 180582 0 45367 DR STEPHEN PUGLIESE SR VP & CHIEF OF STAFF 40.00 X 240961 0 35495 DR ELLIE FOGARTY-THRU FEB 2023 VICE PRESIDENT FOR INSTITUTIONAL FIELD RELATIONS 40.00 X 242478 0 25258 DR SEAN MCKITRICK VICE PRESIDENT FOR INSTITUTIONAL FIELD RELATIONS 40.00 X 191651 0 61247 DR IDNA CORBETT SR VICE PRESIDENT FOR ACCREDITATION RELATIONS 40.00 X 209753 0 49259 MS KUSHNOOD HAQ VICE PRESIDENT FOR INSTITUTIONAL FIELD RELATIONS 40.00 X 173746 0 54543 DR AMY MOSEDER VICE PRESIDENT FOR POLICY AND REGULATORY AFFAIRS 40.00 X 198541 0 56511 1874052 0 394489 13 0 1 0 AMERICANEAGLECOM 2600 S RIVER ROAD DES PLAINES IL 60018 DATABASE SYSTEM 247844 MARRIOTT HOTEL SERVICES 1201 MARKET STREET PHILADELPHIA PA 19107 CONFERENCE EXPENSES 212585 PEARL MEYER DEPARTMENT 41287 PO BOX 50823 DALLAS TX 75265 CONSULTANTS 110200 3 MEMBERSHIP DUES 611710 7007397 7007397 MEMBERSHIP FEES 611710 1452303 1452303 REGISTRATION 611710 940409 940409 EVENTS EXHIBITS AND SP 611710 160899 160899 9561008 324223 324223 OTHER REVENUE 900099 6973 6973 6973 9892204 9567981 0 324223 1020166 787083 233083 4010351 3745658 264693 364350 341450 22900 660853 619146 41707 312529 283505 29024 117172 117172 19793 19793 349812 349812 563684 542672 21012 286860 286860 131708 131708 EVENTS 883504 883504 HONORARIA AND CONTRACTE 112886 105280 7606 MISCELLANEOUS 8615 8615 8842283 8202465 639818 0 778333 263211 7110803 7640783 242625 453152 168149 128765 2255661 1326695 1215826 928966 1925601 2395745 5914374 6592279 17355711 18402901 572392 667762 646297 59500 0 36687 1218689 763949 X 15637022 17138952 500000 500000 16137022 17638952 17355711 18402901 1049921 479356 -27347 0 X 0 1 X 1 0 X 6207141 6524319 7049089 7057025 7007397 33844971 2407902 2732942 1596170 1855220 2553611 11145845 8615043 9257261 8645259 8912245 9561008 44990816 0 0 0 44990816 151124 140456 126407 503184 324223 1245394 151124 140456 126407 503184 324223 1245394 1326 160217 16353 6973 184869 8767493 9397717 8931883 9431782 9892204 46421079 0.96920 0.97220 0.02680 0.02310 X 88495 63825 24670 2167166 1262870 904296 928966 TOTAL INTERNATIONAL STOCK INDEX ADMIRAL FUND 1777165 F TOTAL STOCK MARKET INDEX ADMIRAL FUND 2810005 F SHORT-TERM INVESTMENT GROWTH 981406 F TOTAL BOND MARKET INDEX ADMIRAL FUND 1023703 F 6592279 DEPOSITS HELD 36687 36687 X 9864857 0 9864857 27347 27347 9892204 8842283 0 8842283 0 8842283 PART X, LINE 2: THE INTERNAL REVENUE SERVICE ("IRS") HAS CLASSIFIED THE COMMISSION AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE") AND AS AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE COMMISSION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMMISSION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COMMISSION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED JUNE 30, 2023 OR 2022. X X X X X 0 0 0 0 0 0 0 0 0 DR HEATHER PERFETTI PRESIDENT 436340 0 0 0 0 0 40500 0 26309 0 503149 0 0 0 DR STEPHEN PUGLIESE SR VP & CHIEF OF STAFF 240961 0 0 0 0 0 24096 0 11399 0 276456 0 0 0 DR ELLIE FOGARTY-THRU FEB 2023 VICE PRESIDENT FOR INSTITUTIONAL FIE 242478 0 0 0 0 0 24248 0 1010 0 267736 0 0 0 DR IDNA CORBETT SR VICE PRESIDENT FOR ACCREDITATION 209753 0 0 0 0 0 20975 0 28284 0 259012 0 0 0 DR AMY MOSEDER VICE PRESIDENT FOR POLICY AND REGULA 198541 0 0 0 0 0 19854 0 36657 0 255052 0 0 0 DR SEAN MCKITRICK VICE PRESIDENT FOR INSTITUTIONAL FIE 191651 0 0 0 0 0 19165 0 42082 0 252898 0 0 0 MS KUSHNOOD HAQ VICE PRESIDENT FOR INSTITUTIONAL FIE 173746 0 0 0 0 0 17375 0 37168 0 228289 0 0 0 MS KATHIE JEFFRIES VP FOR FINANCE & CFO 180582 0 0 0 0 0 18058 0 27309 0 225949 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND VOTED UPON BY THE MARCHE FINANCE COMMITTEE WHICH CONSISTS OF THE CORPORATE TREASURER, A COMMISSIONER, AND FOUR OTHER COMMISSIONERS. THE 990 IS REVIEWED AND A RESOLUTION ADOPTED BY THE EXECUTIVE COMMITTEE PRIOR TO FILING. THE MARCHE EXECUTIVE LEADERSHIP TEAM AND THE VP FOR FINANCE & CFO SUPPORT THE WORK OF THE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 12C THE COMMISSION MAINTAINS CONFLICT OF INTEREST POLICIES FOR CORPORATE ACTIONS, COMMISSION EMPLOYEES, AND COMMISSION REPRESENTATIVES. EACH YEAR, ALL COMMISSIONERS AND STAFF ARE PROVIDED WITH THE CONFLICTS OF INTEREST POLICIES APPLICABLE TO THEIR ROLE WITH THE COMMISSION. COMMISSIONERS AND STAFF ARE ASKED TO DISCLOSE CONFLICTS AND SIGN DISCLOSURE STATEMENTS PURSUANT TO THESE POLICIES. AT REGULAR INTERVALS, THE COMMISSION CONDUCTS A REVIEW OF ALL CONFLICT OF INTEREST POLICIES AND MONITORS CONFLICTS OF INTEREST AT ALL MEETINGS OF THE COMMISSION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND REVIEWS THE COMPENSATION LEVELS OF OTHER EXECUTIVES AT COMPARABLE ORGANIZATIONS. THERE IS A WRITTEN EMPLOYMENT CONTRACT APPROVED BY THE EXECUTIVE COMMITTEE FOR THE CEO. EVALUATIONS OF POSITIONS AND SALARY ARE DONE WITH AN OUTSIDE FIRM TO FURTHER EVALUATE COMPENSATION LEVELS EVERY TWO TO THREE YEARS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS (BY-LAWS) AND CONFLICT OF INTEREST POLICIES ARE MADE AVAILABLE ONLINE AT THE WEBSITE; FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST AND THE WEBSITE PROVIDES A LINK TO THE IRS FOR THE FORM 990.