National Association Of Independent Colleges & Universities
- Assets
- $14.9m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 21
- Location
- Washington, DC
- Founding
- 10/1976
- Data as of
- 06/2022
- EIN
- 52-1125164
Organization Overview
National Association Of Independent Colleges & Universities is located in Washington, DC. The organization was established in 1976. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 06/2022, National Association Of Independent Colleges & Universities employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Independent Colleges & Universities is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, National Association Of Independent Colleges & Universities generated $8.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $6.9m during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES & UNIVERSITIES (NAICU) SERVES AS THE UNIFIED NATIONAL VOICE OF INDEPENDENT HIGHER EDUCATION. SINCE 1976, THE ASSOCIATION HAS REPRESENTED PRIVATE COLLEGES AND UNIVERSITIES ON POLICY ISSUES WITH THE FEDERAL GOVERNMENT, SUCH AS THOSE AFFECTING STUDENT AID, TAXATION, AND GOVERNMENT REGULATION. THE NAICU STAFF MEETS WITH POLICY MAKERS, TRACKS CAMPUS TRENDS, CONDUCTS RESEARCH, ANALYZES HIGHER EDUCATION ISSUES, PUBLISHES INFORMATION, HELPS COORDINATE STATE-LEVEL ACTIVITIES, AND ADVISES MEMBERS OF LEGISLATIVE AND REGULATORY DEVELOPMENTS WITH POTENTIAL IMPACT ON THEIR INSTITUTIONS. PROVIDES SUPPORT TO MEMBER INSTITUTIONS THROUGH BOTH DIRECT FEDERAL ASSISTANCE AND BY ADVOCATING FOR THEIR SPECIFIC INSTITUTIONAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT RELATION ACTIVITIES - REPRESENTING U.S. INDEPENDENT COLLEGES AND UNIVERSITIES ON PUBLIC POLICY ISSUES WITH GOVERNMENTAL INSTITUTIONS.
MEMBERSHIP ACTIVITIES - MEMBERSHIP RECRUITMENT, RETENTION, ENGAGEMENT, ACTIVITIES, AND RESPONDING TO MEMBERSHIP INQUIRES, PRIORITIES, CONCERNS.
RESEARCH - GATHERING, ANALYZING, AND DISTRIBUTING INFORMATION IN SUPPORT OF ALL ASSOCIATION ACTIVITIES.
PUBLIC RELATION ACTIVITIES - IMPLEMENTS A COMPREHENSIVE PUBLIC AFFAIRS PROGRAM TO ENHANCE PUBLIC UNDERSTANDING OF INDEPENDENT HIGHER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isiaah Crawford Chair | Trustee | 1 | $0 |
Eric F Spina Vice Chair | Trustee | 1 | $0 |
Roger Casey Past Chair | Trustee | 1 | $0 |
Irma Becerra Director | Trustee | 1 | $0 |
Constance L Book Director | Trustee | 1 | $0 |
Stephen R Briggs Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $584,859 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $584,859 |
| Total Program Service Revenue | $7,238,648 |
| Investment income | $322,196 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $167,491 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,313,194 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $820,713 |
| Compensation of current officers, directors, key employees. | $246,214 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,986,848 |
| Pension plan accruals and contributions | $258,183 |
| Other employee benefits | $475,661 |
| Payroll taxes | $234,258 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,779 |
| Fees for services: Accounting | $38,484 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $59,105 |
| Fees for services: Other | $389,075 |
| Advertising and promotion | $0 |
| Office expenses | $106,453 |
| Information technology | $244,298 |
| Royalties | $0 |
| Occupancy | $493,606 |
| Travel | $62,636 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $605,929 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,874 |
| Insurance | $33,806 |
| All other expenses | $0 |
| Total functional expenses | $6,918,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,074,301 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $96,028 |
| Net Land, buildings, and equipment | $3,781 |
| Investments—publicly traded securities | $7,625,071 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $72,408 |
| Total assets | $14,871,589 |
| Accounts payable and accrued expenses | $896,115 |
| Grants payable | $0 |
| Deferred revenue | $3,073,450 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,969,565 |
| Net assets without donor restrictions | $10,875,514 |
| Net assets with donor restrictions | $26,510 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,871,589 |