Form 990 for tax year 2024
Filed by CAREER EDUCATION COLLEGES AND UNIVERSITIES.
Totals
- Total revenue
- $6,887,174
- Total expenses
- $5,885,803
- Contributions and grants received
- $761,767
- Grants paid
- $12,580
- Program service revenue
- $5,706,605
- Investment income
- $354,374
- Other revenue
- $64,428
- Total assets, end of year
- $11,304,227
- Total liabilities, end of year
- $5,244,764
- Net assets or fund balances, end of year
- $6,059,463
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
1f · All other contributions, gifts and grants
$761,767
-
2a · Program service revenue: MEMBERSHIP DUES
total $3,955,822 · related or exempt $3,955,822
-
2b · Program service revenue: CONFERENCE
total $1,315,253 · related or exempt $1,315,253
-
2c · Program service revenue: SPONSORSHIP REVENUE
total $313,770 · excluded $313,770
-
2d · Program service revenue: ADVERTISING
total $121,760 · unrelated business $121,760
-
3 · Investment income
total $284,167 · excluded $284,167
-
5 · Royalties
total $53,541 · excluded $53,541
-
7a · Gross sales of assets other than inventory
securities $5,160,403
-
7b · Less cost or other basis and sales expenses
securities $5,090,196
-
7c · Gain or loss
securities $70,207
-
7d · Net gain or loss
total $70,207 · excluded $70,207
-
11a · Other revenue: OTHER INCOME
total $10,887 · excluded $10,887
-
11e · Other revenue, total
$10,887
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $12,580
-
5 · Compensation of officers, directors and key employees
total $885,049
-
7 · Other salaries and wages
total $1,401,812
-
8 · Pension plan contributions
total $48,886
-
9 · Other employee benefits
total $54,257
-
10 · Payroll taxes
total $133,122
-
11b · Fees: legal
total $539,216
-
11c · Fees: accounting
total $162,161
-
11f · Fees: investment management
total $21,932
-
11g · Fees: other
total $408,450
-
12 · Advertising and promotion
total $26,470
-
13 · Office expenses
total $252,516
-
14 · Information technology
total $39,399
-
16 · Occupancy
total $131,595
-
17 · Travel
total $129,890
-
19 · Conferences, conventions and meetings
total $1,418,756
-
22 · Depreciation, depletion and amortization
total $11,962
-
23 · Insurance
total $28,550
-
24a · Other expenses: PUBS/SUBSCRIPTIONS
total $29,995
-
24b · Other expenses: EQUIPMENT RENTAL/LEASES
total $25,432
-
24c · Other expenses: BAD DEBT EXPENSES
total $13,233
-
24d · Other expenses: MEMBERSHIP DUES
total $11,443
-
24e · All other expenses
total $99,097
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $821,208 · end of year $1,561,582
-
2 · Savings and temporary cash investments
beginning of year $3,207,356 · end of year $4,255,483
-
4 · Accounts receivable
beginning of year $50,719 · end of year $61,823
-
9 · Prepaid expenses and deferred charges
beginning of year $87,105 · end of year $141,527
-
10a · Land, buildings and equipment: cost or other basis
$244,642
-
10b · Land, buildings and equipment: accumulated depreciation
$236,410
-
10c · Land, buildings and equipment, net
beginning of year $23,426 · end of year $8,232
-
11 · Investments: publicly traded securities
beginning of year $3,787,291 · end of year $4,211,560
-
15 · Other assets
beginning of year $1,088,970 · end of year $1,064,020
-
17 · Accounts payable and accrued expenses
beginning of year $1,194,266 · end of year $1,245,509
-
19 · Deferred revenue
beginning of year $1,965,003 · end of year $2,947,835
-
25 · Other liabilities
beginning of year $1,088,666 · end of year $1,051,420
-
27 · Net assets without donor restrictions
beginning of year $4,482,034 · end of year $5,467,002
-
28 · Net assets with donor restrictions
beginning of year $336,106 · end of year $592,461
Mission and programs · 2024
Mission
THE CAREER EDUCATION COLLEGES AND UNIVERSITIES (CECU) IS THE PREMIER SOURCE OF CRUCIAL INFORMATION AND PUBLIC POLICY RECOMMENDATIONS THAT PROMOTE ACCESS TO CAREER EDUCATION AND THE IMPORTANCE OF WORKFORCE DEVELOPMENT.
Activities or mission (Part I)
CAREER EDUCATION COLLEGES AND UNIVERSITIES, PREVIOUSLY NAMED THE ASSOCIATION OF PRIVATE SECTOR COLLEGES AND UNIVERSITIES, IS AN ORGANIZATION OF PRIVATE, POSTSECONDARY CAREER COLLEGES, SCHOOLS AND OTHER ENTITIES ESTABLISHED TO FOSTER POLICIES TO ENSURE EQUITABLE ACCESS FOR STUDENTS TO QUALITY CAREER AND SKILL EDUCATION, ENABLE CAREER COLLEGES TO GROW AND PROSPER, AND HELP THE NATION ATTAIN A MORE GLOBALLY COMPETITIVE WORKFORCE.
-
GOVERNMENT AFFAIRS: PROVIDED FEDERAL AND STATE LEGISLATIVE ADVOCACY ON ISSUES RELATING TO POSTSECONDARY ACCESS, AFFORDABILITY, AND ACCOUNTABILITY; FAIR TREATMENT FOR SECTION 102 INSTITUTIONS IN OTHER FEDERAL PROGRAMS; WORKED FOR REASONABLE REGULATION AND REGULATORY OVERSIGHT AT THE FEDERAL AND STATE LEVELS; AND LED GRASSROOTS MOBILIZATION EFFORTS AIMED AT GAINING WIDESPREAD PARTICIPATION OF CECU MEMBERS IN ADVOCACY OUTREACH.
-
COMMUNICATIONS/PUBLIC AFFAIRS: WORKED TO ADVANCE THE IMAGE, REPUTATION AND PERCEPTION OF THE CAREER COLLEGE SECTOR THROUGH A WIDE VARIETY OF OUTREACH EFFORTS, PROGRAMS AND CHANNELS; MAINTAINED REGULAR MEDIA RELATIONS PROGRAM AND CRAFTED REGULAR COMMUNICATIONS VEHICLES, INCLUDING PRINT PUBLICATIONS, DIGITAL PUBLICATIONS, WEBSITE BLOGS, ETC.
-
CONVENTION, CONFERENCES AND SEMINARS: PROVIDED CECU MEMBERS WITH TIMELY INFORMATION AND NETWORKING PLATFORMS FOR FEDERAL REGULATORY COMPLIANCE, MANAGEMENT BEST PRACTICES, INTERACTION WITH OFFICIALS AND EXPERTS FROM OUTSIDE THE SECTOR, AND EXPOSURE TO NEW PRODUCTS AND SERVICES.
As filed on the 2024 return.
Listed in Part VII
-
Lynelle LynchLYNELLE LYNCH
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Sally Mikhail-BemisSALLY MIKHAIL-BEMIS
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Arthur Keiser PhDARTHUR KEISER PHD
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Bhavna TailorBHAVNA TAILOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brad KuykendallBRAD KUYKENDALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cary MetzCARY METZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David ViceDAVID VICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eric BerthelERIC BERTHEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Farnaz Farkish ThompsonFARNAZ FARKISH THOMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Janis PaulsonJANIS PAULSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karla Aragon-JoyceKARLA ARAGON-JOYCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Loretta SanchezLORETTA SANCHEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark DreyfusMARK DREYFUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary KellyMARY KELLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melvyn WeinerMELVYN WEINER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike AbrilMIKE ABRIL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike SchadeMIKE SCHADE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mitch TalenfeldMITCH TALENFELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott CasanoverSCOTT CASANOVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason AltmireJASON ALTMIRE
CEO/PRESIDENT
- Total calculated
- $636,469
- From this org
- $573,363
- From related orgs
- $0
- Other
- $63,106
- Hours/week
- 37.5 + 4 related
Schedule J breakdown matched by us
- Base
- $498,363
- Bonus
- $75,000
- Other
- $0
- Deferred
- $20,330
- Nontaxable benefits
- $42,776
- Filer's total
- $636,469
-
Deepti TanejaDEEPTI TANEJA
CHIEF ADMINISTRATIVE OFFICER
- Total calculated
- $248,579
- From this org
- $187,767
- From related orgs
- $0
- Other
- $60,812
- Hours/week
- 37.5 + 4 related
Schedule J breakdown matched by us
- Base
- $182,767
- Bonus
- $5,000
- Other
- $0
- Deferred
- $28,251
- Nontaxable benefits
- $32,561
- Filer's total
- $248,579
-
Jedediah G BrintonJEDEDIAH G BRINTON
SVP AND GENERAL COUNSEL
- Total calculated
- $244,406
- From this org
- $242,650
- From related orgs
- $0
- Other
- $1,756
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $241,150
- Bonus
- $1,500
- Other
- $0
- Deferred
- $1,756
- Nontaxable benefits
- $0
- Filer's total
- $244,406
-
Jordan WickerJORDAN WICKER
SVP, LEGISLATIVE AND REGULATORY
- Total calculated
- $195,873
- From this org
- $189,773
- From related orgs
- $0
- Other
- $6,100
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $184,773
- Bonus
- $5,000
- Other
- $0
- Deferred
- $6,100
- Nontaxable benefits
- $0
- Filer's total
- $195,873
-
Kelley BretonKELLEY BRETON
EXECUTIVE VICE PRESIDENT
- Total calculated
- $271,222
- From this org
- $238,607
- From related orgs
- $0
- Other
- $32,615
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $233,607
- Bonus
- $5,000
- Other
- $0
- Deferred
- $20,206
- Nontaxable benefits
- $12,409
- Filer's total
- $271,222
-
Jennifer FaubertJENNIFER FAUBERT
VP OF COMMUNICATIONS
- Total calculated
- $179,599
- From this org
- $160,851
- From related orgs
- $0
- Other
- $18,748
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $160,851
- Bonus
- $0
- Other
- $0
- Deferred
- $6,649
- Nontaxable benefits
- $12,099
- Filer's total
- $179,599
-
Jessica NguyenJESSICA NGUYEN
VP OF MEETINGS & PROF. DEVELOPMENT
- Total calculated
- $152,506
- From this org
- $139,045
- From related orgs
- $0
- Other
- $13,461
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $139,045
- Bonus
- $0
- Other
- $0
- Deferred
- $7,483
- Nontaxable benefits
- $5,978
- Filer's total
- $152,506
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
- 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
The filer's explanations (Part III)
- PART I, LINE 3
- THE CEO'S COMPENSATION WAS DETERMINED BY A SEARCH FIRM AND A SEARCH COMMITTEE, AND WAS SUBSEQUENTLY APPROVED BY THE BOARD OF DIRECTORS. INCREASES IN COMPENSATION ARE DETERMINED BY THE BOARD'S EXECUTIVE COMMITTEE VIA ANNUAL PERFORMANCE REVIEWS OF THE CEO'S ACCOMPLISHMENTS.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CAREER EDUCATION COLLEGES AND UNIVERSITIES POLITICAL ACTION COMMITTEE
527(A) · POLITICAL ACTION · DC · controlled entity
Directly controlled by CECU
-
501(C)(3) · RESEARCH · DC · controlled entity
Directly controlled by CECU
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
ALLIANCE FOR CAREER EDUCATION IN THE STATES LLC
SUPPORT PRIVATE CAREER EDUCATION · DE · income $183,081 · assets $71,425
Directly controlled by CECU
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CAMPUSWISE ADVISORS
C · CONSULTING · VA · 100% owned · share of assets $17,609 · controlled entity
Directly controlled by CECU
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202611319349302086
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