Form 990 for tax year 2023
Filed by STATE HIGHER EDUCATION EXECUTIVE.
Totals
- Total revenue
- $6,787,871
- Total expenses
- $6,511,547
- Contributions and grants received
- $5,817,292
- Grants paid
- $0
- Program service revenue
- $694,911
- Investment income
- $269,232
- Other revenue
- $6,436
- Total assets, end of year
- $9,860,766
- Total liabilities, end of year
- $5,487,755
- Net assets or fund balances, end of year
- $4,373,011
- Program services expenses (Part IX)
- $5,638,965
- Management and general expenses
- $872,582
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,638,965
Program services were 86.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$1,115,298
-
1f · All other contributions, gifts and grants
$4,701,994
-
2a · Program service revenue: ANNUAL MEETING REVENUE
total $140,752 · related or exempt $140,752
-
2b · Program service revenue: HIGHER ED POLICY CONFEREN
total $554,159 · related or exempt $554,159
-
3 · Investment income
total $77,820 · excluded $77,820
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $191,412
-
7c · Gain or loss
securities $191,412
-
7d · Net gain or loss
total $191,412 · related or exempt $191,412
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: MISCELLANEOUS INCOME
total $6,436 · excluded $6,436
-
11e · Other revenue, total
$6,436
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $749,289 · program services $383,063 · management and general $366,226
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,629,252 · program services $1,196,945 · management and general $432,307
-
8 · Pension plan contributions
total $215,426 · program services $182,153 · management and general $33,273
-
9 · Other employee benefits
total $155,241 · program services $131,216 · management and general $24,025
-
10 · Payroll taxes
total $167,661 · program services $150,393 · management and general $17,268
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $99,378 · management and general $99,378
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $54,968 · program services $11,688 · management and general $43,280
-
14 · Information technology
total $105,396 · management and general $105,396
-
15 · Royalties
total $0
-
16 · Occupancy
total $291,040 · program services $215,089 · management and general $75,951
-
17 · Travel
total $281,049 · program services $273,554 · management and general $7,495
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $1,188,385 · program services $1,184,735 · management and general $3,650
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $3,906 · management and general $3,906
-
23 · Insurance
total $17,960 · management and general $17,960
-
24a · Other expenses: SUBCONTRACTORS
total $1,489,098 · program services $1,453,702 · management and general $35,396
-
24b · Other expenses: MISCELLANEOUS
total $63,498 · program services $7,016 · management and general $56,482
-
24c · Other expenses: INDIRECT COSTS ALLOCATED
total $0 · program services $449,411 · management and general -$449,411
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $1,615,446 · end of year $795,085
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $27,355 · end of year $34,764
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $33,001 · end of year $68,621
-
10a · Land, buildings and equipment: cost or other basis
$163,056
-
10b · Land, buildings and equipment: accumulated depreciation
$161,959
-
10c · Land, buildings and equipment, net
beginning of year $5,003 · end of year $1,097
-
11 · Investments: publicly traded securities
beginning of year $6,549,416 · end of year $7,728,527
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,393,315 · end of year $1,232,672
-
17 · Accounts payable and accrued expenses
beginning of year $216,375 · end of year $199,021
-
19 · Deferred revenue
beginning of year $4,648,679 · end of year $4,746,813
-
23 · Secured mortgages and notes payable
beginning of year $697,928 · end of year $541,919
-
25 · Other liabilities
end of year $2
-
27 · Net assets without donor restrictions
beginning of year $4,060,554 · end of year $4,373,011
Mission and programs · 2023
Mission
THE STATE HIGHER EDUCATION EXECUTIVE OFFICERS ASSOCIATION (SHEEO) IS A NATIONAL NONPROFIT ORGANIZATION FORMED IN 1954 and incorporated in 1981 TO ASSIST STATE HIGHER EDUCATION EXECUTIVES AND THE STATES AS THEY SEEK TO DEVELOP AND SUSTAIN EXCELLENT SYSTEMS OF HIGHER EDUCATION. SHEEO FULFILLS ITS MISSION BY SPONSORING NATIONAL CONVENINGS, INCLUDING AN ANNUAL MEETING, PRODUCING PUBLICATIONS, AND PERFORMING GRANT AND PROJECT ACTIVITIES. REGULAR MEMBERSHIP IS OPEN TO THE EXECUTIVE OFFICERS OF STATEWIDE BOARDS OF POST-SECONDARY EDUCATION. SHEEO IS SUPPORTED PRIMARILY THROUGH FEDERAL STATE DUES AND PRIVATE FOUNDATION GRANTS.
Activities or mission (Part I)
SEE SCHEDULE O
-
GRANTS AND CONTRACTS: SHEEO RECEIVES FUNDS FROM GRANTING AGENCIES TO PERFORM DESCRIBED WORK IN HIGHER EDUCATION POLICY. DURING THE FISCAL YEAR ENDING SEPTEMBER30, 2024, SHEEO RECEIVED GRANTS FROM LUMINA FOUNDATION IN SUPPORT OF STATEAUTHORIZATION AND MENTAL HEALTH INITIATIVES. SHEEO RECEIVED FUNDING FROM THE BILL & MELINDA GATES FOUNDATION FOR CREATING AWARENESS OF LONGITUDINAL DATA, TO CREATE DATACOMMUNITIES OF PRACTICE, AND TO INCREASE THE CAPACITY OF SHEEOS WORK WITH STATES.ARNOLD FOUNDATION PROVIDED A GRANT FOR WORK RELATED TO STATE AUTHORIZATION. ECMC FOUNDATION PROVIDED ADDITIONAL FUNDING FOR A NONCREDIT MOBILITY PROJECT.
Expenses $4,125,462
-
PROJECT ACTIVITY: PLANNED AND AD HOC RESEARCH ON HIGHER EDUCATION POLICY TO SUPPORT SHEEO MEMEBERS' ACTIVITIES IN THE STATES. THIS INCLUDES TRAVEL EXPENSES TO ATTEND NATIONAL MEETINGS AND SALARIES TO SHEEO STAFF MEMBERS WORKING ON HIGHER EDUCATION POLICY.
Expenses $781,456
-
CONFERENCES - SHEEO PRESENTS ANNUAL CONFERENCES FOR SHEEO MEMBERS AND OTHER STATE AND NATIONAL LEADERS OF HIGHER EDUCATION POLICY:1) SHEEO ANNUAL MEETING, TAILORED ESPECIALLY FOR THE CEO'S OF HIGHER EDUCATION IN THE STATES2) SHEEO HIGHER EDUCATION POLICY CONFERENCE, A POLICY AND PROFESSIONAL DEVELOPMENT CONFERENCE BRINGING TOGETHER OVER 350 STATE EXECUTIVE OFFICERS, ACADEMIC OFFICERS, FINANCE OFFICERS, GOVERNMENT RELATIONS/COMMUNICATIONS OFFICERS, CHIEF INFORMATION OFFICERS, AND OTHERS WORKING IN HIGHER EDUCATION POLICY POSITIONS. And creation of the State Higher Education Finance annual survey and report.
Expenses $732,047
As filed on the 2023 return.
Listed in Part VII
-
Robert AndersonROBERT ANDERSON
President
- Total calculated
- $373,555
- From this org
- $337,606
- From related orgs
- $0
- Other
- $35,949
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $361,896
- Bonus
- not reported
- Other
- not reported
- Deferred
- $32,990
- Nontaxable benefits
- $2,959
- Filer's total
- $397,845
-
Christina E WhitfieldCHRISTINA E WHITFIELD
SENIOR VP
- Total calculated
- $279,015
- From this org
- $242,637
- From related orgs
- $0
- Other
- $36,378
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,085
- Bonus
- not reported
- Other
- not reported
- Deferred
- $23,208
- Nontaxable benefits
- $13,170
- Filer's total
- $282,463
-
John LaneJOHN LANE
VP ACADEMIC AFFAIR
- Total calculated
- $183,323
- From this org
- $171,599
- From related orgs
- $0
- Other
- $11,724
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,599
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $11,724
- Filer's total
- $183,323
-
Thomas HarnischTHOMAS HARNISCH
VP GOVT RELATIONS
- Total calculated
- $175,914
- From this org
- $166,878
- From related orgs
- $0
- Other
- $9,036
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $166,878
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $9,036
- Filer's total
- $175,914
-
David SzczesnyDAVID SZCZESNY
DIR OF FINANCE
- Total calculated
- $163,751
- From this org
- $125,487
- From related orgs
- $0
- Other
- $38,264
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,308
- Bonus
- not reported
- Other
- not reported
- Deferred
- $12,731
- Nontaxable benefits
- $25,533
- Filer's total
- $179,572
-
Dustin WeedenDUSTIN WEEDEN
ASSOC VP
- Total calculated
- $153,724
- From this org
- $130,600
- From related orgs
- $0
- Other
- $23,124
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,600
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $23,124
- Filer's total
- $153,724
-
Carrie KleinCARRIE KLEIN
ASSOC VP
- Total calculated
- $133,254
- From this org
- $130,600
- From related orgs
- $0
- Other
- $2,654
- Hours/week
- 40
-
Jessica DurenJESSICA DUREN
Stragetic Comm Dir
- Total calculated
- $131,783
- From this org
- $123,180
- From related orgs
- $0
- Other
- $8,603
- Hours/week
- 40
-
Brian BridgesBRIAN BRIDGES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Clayton T ChristianCLAYTON T CHRISTIAN
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Ben CannonBEN CANNON
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Harrison KellerHARRISON KELLER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ginger OstroGINGER OSTRO
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Aaron ThompsonAARON THOMPSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dennis OlsonDENNIS OLSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Noe OrtegaNOE ORTEGA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sarah TuckerSARAH TUCKER
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Shannon GilkeySHANNON GILKEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chris LoweryCHRIS LOWERY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Allison GarrettALLISON GARRETT
MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
ST HIGHER EDUCATION POLICY CENTER
RENTAL · CO · 19.3% owned
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 21 July 2025
- IRS schema version
- 2023v6.0
- Source object
- 202532029349300828
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