FORM 990, PART VI, SECTION A, LINE 1A |
THERE SHALL BE AN EXECUTIVE COMMITTEE COMPOSED OF THE OFFICERS AND ONE DIRECTOR APPOINTED BY THE BOARD FOR A TERM OF ONE YEAR, WHICH COMMITTEE IS AUTHORIZED TO EXERCISE ALL POWERS AND HAVE SUCH AUTHORITY AND RESPONSIBILITIES OF THE BOARD WHEN THE BOARD IS NOT IN SESSION. THE CHAIR SHALL SERVE AS THE CHAIR OF THE EXECUTIVE COMMITTEE. |
FORM 990, PART VI, SECTION A, LINE 6 |
AASCU SHALL HAVE TWO (2) CLASSES OF MEMBERS WITH VOTING RIGHTS ("VOTING MEMBERS")- INSTITUTIONAL AND SYSTEM MEMBERS. AASCU SHALL HAVE TWO (2) CLASSES OF MEMBERS WITH NO VOTING RIGHTS ("NON-VOTING MEMBERS")- ASSOCIATE AND INTERNATIONAL ASSOCIATE MEMBERS. INSTITUTIONAL MEMBERSHIP SHALL BE AVAILABLE TO ANY REGIONALLY ACCREDITED INSTITUTION OF HIGHER EDUCATION AND ANY IN PROCESS OF SECURING ACCREDITATION, WHICH (I) OFFERS PROGRAMS LEADING TO THE DEGREE OF BACHELOR, MASTER, OR DOCTOR, (II) IS WHOLLY OR PARTIALLY STATE- SUPPORTED AND STATE-CONTROLLED; AND (III) AT LEAST 25% OF DEGREES CONFERRED BY SUCH INSTITUTION ARE AT THE BACCALAUREATE LEVEL. INSTITUTIONAL MEMBERS SHALL BE VOTING MEMBERS WITH VOTING RIGHTS AND THEIR REPRESENTATIVES MAY SERVE AS DIRECTORS AND OFFICERS AND COMMITTEE MEMBERS. SYSTEM OFFICE MEMBERSHIP SHALL BE AVAILABLE TO SYSTEM OFFICES OF MULTI-CAMPUS GOVERNING BOARDS OF ELIGIBLE STATE-SUPPORTED AND STATE-CONTROLLED INSTITUTIONS OF HIGHER EDUCATION WHICH ARE WHOLLY OR PARTIALLY STATE-SUPPORTED AND STATE-CONTROLLED. SYSTEM OFFICE MEMBERS SHALL BE VOTING MEMBERS WITH FULL VOTING RIGHTS AND THEIR REPRESENTATIVES MAY SERVE AS DIRECTORS AND OFFICERS AND COMMITTEE MEMBERS. ASSOCIATE MEMBERSHIP SHALL BE AVAILABLE TO COORDINATING COMMITTEES, BOARDS AND COMMISSIONS OF HIGHER EDUCATION WHICH REPORT TO STATE EXECUTIVE OR LEGISLATIVE BODIES; STATE COMMISSIONS OF ELIGIBLE INSTITUTIONS; INSTITUTIONS OF HIGHER EDUCATION WHOSE PRINCIPAL SOURCE OF OPERATING FUNDS IS THE FEDERAL GOVERNMENT; AND FORMER TWO-YEAR INSTITUTIONS THAT HAVE BEEN DESIGNATED AS FOUR-YEAR INSTITUTIONS BY THE RESPONSIBLE AUTHORITIES WITHIN THEIR STATE, BUT HAVE NOT YET MET THE REQUIREMENTS FOR AASCU MEMBERSHIP. ASSOCIATE MEMBERS ARE ELIGIBLE TO PARTICIPATE IN ACTIVITIES OF AASCU, BUT THEIR REPRESENTATIVES MAY NOT VOTE OR SERVE AS DIRECTORS OR OFFICERS. THEIR REPRESENTATIVES MAY SERVE ON NON-BOARD COMMITTEES. INTERNATIONAL ASSOCIATE MEMBERSHIP SHALL BE AVAILABLE TO (1) INSTITUTIONS OUTSIDE THE UNITED STATES AND ITS TERRITORIES THAT ARE: (I) RECOGNIZED BY THE APPROPRIATE GOVERNMENTAL ENTITIES AS ELIGIBLE TO AWARD DEGREES AT THE BACCALAUREATE LEVEL OR HIGHER; AND (II) WHOLLY OR PARTIALLY GOVERNMENT-SUPPORTED AND PUBLICLY GOVERNED, AND (2) ASSOCIATIONS COMPRISED EXCLUSIVELY OF SUCH INSTITUTIONS. INTERNATIONAL ASSOCIATE MEMBERS ARE ELIGIBLE TO PARTICIPATE IN ACTIVITIES OF AASCU, BUT THEIR REPRESENTATIVES MAY NOT VOTE IN THE GENERAL BODY. HOWEVER, INTERNATIONAL ASSOCIATE MEMBERS MAY HAVE UP TO ONE REPRESENTATIVE SERVE AS A DIRECTOR. |
FORM 990, PART VI, SECTION A, LINE 7A |
AASCU'S MEMBERS HAVE THE RESPONSIBILITY TO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY AT THE ASSOCIATION'S ANNUAL BUSINESS MEETING HELD IN THE FALL EACH YEAR. |
FORM 990, PART VI, SECTION A, LINE 7B |
THE GOVERNING BOARD'S DECISIONS RELATED TO THE MAJOR INITIATIVES OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY THE GENERAL MEMBERSHIP OF THE ASSOCIATION AT THE ANNUAL BUSINESS MEETING. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE VP OF ADMINISTRATION & FINANCE PRESENTS THE 990 TO AASCU'S EXECUTIVE COMMITTEE AND FINANCE COMMITTEE FOR REVIEW PRIOR TO FILING. |
FORM 990, PART VI, SECTION B, LINE 12C |
THE BOARD AND ALL EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST, IN CONSISTENCY WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. |
FORM 990, PART VI, SECTION B, LINE 15 |
ALL EMPLOYEES, INCLUDING AASCU'S CEO, ARE PROVIDED ANNUAL EVALUATIONS OF THEIR PERFORMANCE TO DETERMINE ELIGIBILITY FOR INCREASED COMPENSATION. THE CEO'S SALARY IS ESTABLISHED BY THE EXECUTIVE COMMITTEE OF THE BOARD. TO ESTABLISH THE CEO'S COMPENSATION, THE EXECUTIVE COMMITTEE USES COMPARATIVE DATA OF THE FIVE PRESIDENTIALLY BASED, HIGHER EDUCATION ASSOCIATIONS IN THE DISTRICT OF COLOMBIA. AASCU USES A THIRD PARTY TO ESTABLISH APPROPRIATE COMPENSATION BENCHMARKS FOR ALL REMAINING AASCU EMPLOYEES. ANY INCREASE TO THE BENCHMARK IS BASED ON ANNUAL PERFORMANCE REVIEW FOR EACH EMPLOYEE. THE OUTCOME OF THE EMPLOYEE'S EVALUATION DETERMINES THE LEVEL OF MERIT INCREASE RECEIVED. DURING THE SPRING BOARD MEETING, THE BOARD REVIEWS ALL COMPENSATION REQUESTS AND ESTABLISHES COMPENSATION INCREASES THROUGH BOARD VOTE, WHICH IS THEN DOCUMENTED IN THE MINUTES OF THE MEETING. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO ANY INDIVIDUAL OR ORGANIZATION UPON REQUEST EITHER BY TELEPHONE, WRITTEN CORRESPONDENCE, OR IN PERSON AT THE ORGANIZATION'S OFFICES IN DC FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UNLESS REQUESTED. |
FORM 990, PART IX, LINE 11G |
BLDG SERVICES: PROGRAM SERVICE EXPENSES 8,882. MANAGEMENT AND GENERAL EXPENSES 1,372. FUNDRAISING EXPENSES 37. TOTAL EXPENSES 10,291. GRANT CONSULTANTS: PROGRAM SERVICE EXPENSES 945,226. MANAGEMENT AND GENERAL EXPENSES 146,003. FUNDRAISING EXPENSES 3,923. TOTAL EXPENSES 1,095,152. MISC CONSULTANTS: PROGRAM SERVICE EXPENSES 3,068,572. MANAGEMENT AND GENERAL EXPENSES 473,981. FUNDRAISING EXPENSES 12,734. TOTAL EXPENSES 3,555,287. |
FORM 990, PART XI, LINE 9: |
OTHER POST-RETIREMENT CHANGES -146,536. POST-RETIREMENT BENEFIT CHANGES OTHER THAN SERVICE COST 13,148. |
FORM 990, PART XII, LINE 2C |
THE PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. |