2023-11-08T08:13:34-06:00 2023-06-30 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2022-07-01 455394262 MINNESOTA PRIVATE COLLEGE COUNCIL INC MINN 6512289061 445 MINNESOTA STREET 500 ST PAUL MN 55101 PAUL D CERKVENIK PRESIDENT & CEO 6512289061 2023-11-02 1 PAUL CERKVENIK 999009999 1 KAREN A GRIES P00078514 6128764500 2023-11-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PAUL D CERKVENIK 445 MINNESOTA STREET 500 ST PAUL MN 55101 2964558 0 X WWW.MNPRIVATECOLLEGES.ORG X 2012 MN THE MINNESOTA PRIVATE COLLEGE COUNCIL SERVES THE SHARED NEEDS OF ITS MEMBER COLLEGES AND ADVOCATES FOR PUBLIC POLICY THAT MEETS THE EDUCATIONAL NEEDS OF STUDENTS, ENHANCES PRIVATE HIGHER EDUCATION, AND STRENGTHENS MINNESOTA'S ECONOMIC AND CIVIC FABRIC. 30 29 15 35 0 0 0 0 2832936 2889569 5250 73628 0 1361 2838186 2964558 0 0 0 0 1782898 1949828 0 0 0 841352 1076072 2624250 3025900 213936 -61342 3914163 4023659 538236 702058 3375927 3321601 X THE MINNESOTA PRIVATE COLLEGE COUNCIL SERVES THE SHARED NEEDS OF ITS MEMBER COLLEGES AND ADVOCATES FOR PUBLIC POLICY THAT MEETS THE EDUCATIONAL NEEDS OF STUDENTS, ENHANCES PRIVATE HIGHER EDUCATION, AND STRENGTHENS MINNESOTA'S ECONOMIC AND CIVIC FABRIC. 0 0 2559742 2890930 MINNESOTA PRIVATE COLLEGE COUNCIL, INC. (THE CORPORATION) IS A MINNESOTA NONPROFIT CORPORATION INCORPORATED ON MAY 22, 2012. IT IS ORGANIZED AND OPERATED EXCLUSIVELY FOR SOCIAL WELFARE, CHARITABLE, AND EDUCATIONAL PURPOSES; AND TO (I) FOSTER AND IMPLEMENT CO-OPERATION AMONG ITS MEMBERS FOR THE IMPROVEMENT OF HIGHER EDUCATION; (II) PROVIDE A UNIFIED VOICE FOR EFFECTIVE COMMUNICATION REGARDING INDEPENDENT HIGHER EDUCATION IN THE STATE OF MINNESOTA; (III) CO-OPERATE WITH INSTITUTIONS OF HIGHER EDUCATION, GOVERNMENT AGENCIES AND OTHER INTERESTED GROUPS IN DEVELOPING POLICIES AND PLANNING PROGRAMS FOR THE ADVANCEMENT OF HIGHER EDUCATION. THE CORPORATION CONDUCTS PUBLIC RELATIONS AND ADVOCACY WORK, LEGISLATIVE LOBBYING, COOPERATIVE MARKETING OF OUR MEMBER INSTITUTIONS TO STUDENTS AND FAMILIES, AND RESEARCH. THE CORPORATION ALSO SERVES AS A VEHICLE FOR COLLABORATION OF ITS MEMBER INSTITUTIONS. 2559742 0 0 0 1 0 0 0 1 0 1 0 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 1 0 0 1 20 0 15 1 0 0 0 0 0 0 0 0 X 30 29 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X PAUL D CERKVENIK 6512936807 445 MINNESOTA ST 500 ST PAUL MN 55101 PAUL D CERKVENIK PRESIDENT AND CEO 52.00 3.00 X X 373492 0 71477 REBECCA BERGMAN CHAIR 3.00 1.00 X X 0 0 0 KATHLEEN COONEY VICE CHAIR 1.00 1.00 X X 0 0 0 WILLIAM CRAFT SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 ROSS ALLEN DIRECTOR 1.00 1.00 X 0 0 0 DAVID R ANDERSON DIRECTOR 1.00 1.00 X 0 0 0 PAUL ANDERSON DIRECTOR 1.00 1.00 X 0 0 0 ALISON BROWN DIRECTOR 1.00 1.00 X 0 0 0 BRIAN BURESS DIRECTOR 1.00 1.00 X 0 0 0 REV JAMES P BURNS IVD PHD DIRECTOR 1.00 1.00 X 0 0 0 ALISON BYERLY DIRECTOR 1.00 1.00 X 0 0 0 CHRISTOPPHER DOLAN DIRECTOR 1.00 1.00 X 0 0 0 SUSAN EICH DIRECTOR 1.00 1.00 X 0 0 0 BRIAN FRIEDRICH DIRECTOR 1.00 1.00 X 0 0 0 AJAY GUPTA DIRECTOR 1.00 1.00 X 0 0 0 CORBIN HOORNBEEK DIRECTOR 1.00 1.00 X 0 0 0 ANN HOUSER DIRECTOR 1.00 1.00 X 0 0 0 ANTHONY KELLEY DIRECTOR 1.00 1.00 X 0 0 0 DAN LORITZ DIRECTOR 1.00 1.00 X 0 0 0 BARBARA MCDONALD DIRECTOR 1.00 1.00 X 0 0 0 FAYNEESE MILLER DIRECTOR 1.00 1.00 X 0 0 0 TERESA MOGENSEN DIRECTOR 1.00 1.00 X 0 0 0 TIM MORIN DIRECTOR 1.00 1.00 X 0 0 0 GREGG PETERSON DIRECTOR 1.00 1.00 X 0 0 0 GENE PFEIFER DIRECTOR 1.00 1.00 X 0 0 0 PAUL PRIBBENOW DIRECTOR 1.00 1.00 X 0 0 0 SUZANNE RIVERA DIRECTOR 1.00 1.00 X 0 0 0 REBECCA KOENIG ROLOFF DIRECTOR 1.00 1.00 X 0 0 0 SUSAN RUNDELL SINGER DIRECTOR 1.00 1.00 X 0 0 0 SANJIT SETHI DIRECTOR 1.00 1.00 X 0 0 0 ROB VISCHER DIRECTOR 1.00 1.00 X 0 0 0 ANGIE WORDELL DIRECTOR 1.00 1.00 X 0 0 0 STACEY HOLLAND CHIEF FINANCIAL OFFICER 39.00 1.00 X 106191 0 36642 JOHN STEINER-MANNING DIRECTOR OF MARKETING 40.00 1.00 X 124680 0 42751 604363 0 150870 3 0 1 0 FAEGRE DRINKER BIDDLE AND REATH 445 MINNESOTA STREET STE 500 ST PAUL MN 55101 LEGAL SERVICES 119350 1 QUARTERLY ASSESSMENTS 611710 2537460 2537460 SERVICE FEES 900099 284407 284407 COOPERATIVE ADMISSIONS 900099 67702 67702 2889569 73628 73628 MISCELLANEOUS 900099 1361 1361 1361 2964558 2890930 0 73628 X 587803 470242 117561 962279 769823 192456 122980 98384 24596 179890 143912 35978 96876 77501 19375 19178 1262 17916 13423 13423 166000 166000 2095 1676 419 361598 349753 11845 60652 60652 36905 29524 7381 63592 53579 10013 108006 86405 21601 19462 19462 40078 38683 1395 11537 9230 2307 12754 10203 2551 MARKETING AND COMMUNICA 72092 72092 ADMISSIONS PUBLICATIONS 67620 67620 DUES AND SUBSCRIPTIONS 17263 17263 PROFESSIONAL DEVELOPMEN 1718 1374 344 2099 1679 420 3025900 2559742 466158 0 1544386 1369245 2046495 2108293 25867 42926 41083 43116 198444 171524 38457 26920 217875 253474 0 179685 3914163 4023659 45141 46349 66927 51411 208293 145665 217875 458633 538236 702058 X 3375927 3321601 3375927 3321601 3914163 4023659 -61342 7016 0 X X 0 1 X 1 0 1 0 0 PART III: DUES PAYING MEMBERS ARE RESTRICTED TO TAX EXEMPT PRIVATE COLLEGES WHO REPORT THESE LOBBYING EXPENDITURES ON THEIR RESPECTIVE FORMS 990. 0 1 X 198444 171524 26920 26920 DEFERRED COMPENSATION PLAN LIABILITY 253474 LEASE LIABILITY 205159 458633 X 2969479 7016 7016 2962463 2095 2095 2964558 3023805 0 3023805 2095 2095 3025900 PART IV, LINE 2B: MINNESOTA PRIVATE COLLEGE COUNCIL, INC. IS THE FISCAL AGENT FOR FUNDS RELATED TO A CAREER FAIR HELD BY MEMBER COLLEGES OF THE ORGANIZATION. A COMMITTEE MADE UP OF REPRESENTATIVES OF THE MEMBER COLLEGES DECIDE HOW THE FUNDS HELD BY MINNESOTA PRIVATE COLLEGE COUNCIL, INC. ARE UTILIZED WITH RESPECT TO THE CAREER FAIR AND OTHER ACTIVITIES RELATED TO CAREER SERVICES OFFICES AT MEMBER COLLEGES. PART X, LINE 2: MINNESOTA PRIVATE COLLEGE COUNCIL, INC. FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE COUNCIL, INC. FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022. MINNESOTA PRIVATE COLLEGE COUNCIL, INC.'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. X X X X X 0 0 0 0 0 0 0 0 0 PAUL D CERKVENIK PRESIDENT AND CEO 354492 0 0 0 19000 0 27450 0 44027 0 444969 0 0 0 JOHN STEINER-MANNING DIRECTOR OF MARKETING 121680 0 3000 0 0 0 11096 0 31655 0 167431 0 0 0 PART I, LINE 3 AN INDEPENDENT COMPENSATION CONSULTANT WAS ENGAGED DURING THE TAX YEAR REGARDING THE PRESIDENT'S NEXT CONTRACT, WHICH DOES NOT BEGIN UNTIL THE FOLLOWING TAX YEAR. SCHEDULE J, PART II: THE COMPENSATION LISTED FOR THE PRESIDENT IS DETERMINED BY, AND ENTIRELY PAID FOR, BY THE MINNESOTA PRIVATE COLLEGE COUNCIL, INC. THE PRESIDENT PROVIDES SERVICES TO BOTH THE MINNESOTA PRIVATE COLLEGE COUNCIL AND THE MINNESOTA PRIVATE COLLEGE FUND, A RELATED NONPROFIT ASSOCIATION. THE COUNCIL DONATES THESE SERVICES IN THEIR ENTIRETY TO THE MINNESOTA PRIVATE COLLEGE FUND; NO MINNESOTA PRIVATE COLLEGE FUND RESOURCES OR CONTRIBUTIONS RAISED ARE USED TO PAY FOR THE PRESIDENT'S COMPENSATION FOR THE SERVICES RENDERED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF ANY DIRECTORS WHO ARE NOMINATED BY THE NOMINATING COMMITTEE AND ELECTED TO THE EXECUTIVE COMMITTEE BY THE BOARD OF DIRECTORS, AS WELL AS THE CHAIRPERSON, PAST CHAIRPERSON, VICE CHAIRPERSON, SECRETARY, TREASURER, PRESIDENT, AND, PROVIDED THAT SUCH PERSON IS A DIRECTOR OF THIS CORPORATION, THE CHAIRPERSON OF EACH STANDING COMMITTEE OF THIS CORPORATION AND OF THE FUNDRAISING COMMITTEE OF MINNESOTA PRIVATE COLLEGE FUND. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION IN THE INTERVAL BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS AT ALL TIMES SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION HAS AMENDED ITS BYLAWS TO ADD AN ADDITIONAL ONE-YEAR TERM TO BOARD MEMBERS IF DETERMINED TO BE IN THE BEST INTEREST OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING PERSONS ARE EX-OFFICIO VOTING MEMBERS OF THE COUNCIL'S BOARD OF DIRECTORS: (1) THE PRESIDENT/CHIEF EXECUTIVE OFFICER OF THE COUNCIL AND (2) THE PRESIDENT OF EACH NON-VOTING MEMBER OF THE COUNCIL. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE OF THE BOARD PERFORMS A DETAILED REVIEW OF THE FORM 990 AT ITS FALL MEETING AND OFFICIALLY APPROVES IT FOR FILING. FOLLOWING THE AUDIT COMMITTEE'S APPROVAL, THE FORM 990 IS PROVIDED TO EVERY BOARD MEMBER AT LEAST TWO WEEKS PRIOR TO ITS FILING. THERE IS NO FORMAL BOARD ACTION ON THE IRS FORM 990 SUBMISSION UNLESS REQUESTED BY A MEMBER OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND SENIOR STAFF ARE ASKED ANNUALLY TO FILL OUT A CONFLICT OF INTEREST DISCLOSURE. PERSONS DISCLOSING A CONFLICT OF INTEREST MUST LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING REGARDING THE PROPOSED TRANSACTION OR ARRANGEMENT, BUT THEN MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMPENSATION COMMITTEE, APPOINTED BY THE EXECUTIVE COMMITTEE, REVIEWS AND RECOMMENDS THE PRESIDENT'S COMPENSATION TO THE EXECUTIVE COMMITTEE. REVIEW INCLUDES MARKET DATA ANALYSES, INCLUDING RECENT OR PROPOSED MPCC MEMBER COLLEGE COMPENSATION ADJUSTMENTS, RELEVANT LABOR MARKET DATA, DATA FROM OTHER NON-PROFIT ORGANIZATIONS, A MARKET ANALYSIS FROM AN INDEPENDENT VALUATION EXPERT, AND THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGE AND UNIVERSITY STATE EXECUTIVES (NAICUSE) STATE EXECUTIVE SURVEY IN MAKING ANNUAL RECOMMENDATIONS FOR COMPENSATION ADJUSTMENTS. THE EXECUTIVE COMMITTEE APPROVES ANY CHANGES TO COMPENSATION. THE PRESIDENT'S COMPENSATION WAS LAST REVIEWED IN 2022. CONTEMPORANEOUS DOCUMENTATION IS COMPRISED OF PERFORMANCE EVALUATION, THE COMPENSATION DATA DESCRIBED ABOVE, AND MINUTES OF THE EXECUTIVE COMPENSATION COMMITTEE. OTHER STAFF COMPENSATION IS DETERMINED BY THE PRESIDENT WITH THE BOARD ANNUALLY APPROVING A SALARY POOL INCREASE DURING THE ANNUAL BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE COUNCIL WILL PROVIDE COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 152,242. MANAGEMENT AND GENERAL EXPENSES 11,845. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 164,087. RESEARCH PROJECT: PROGRAM SERVICE EXPENSES 197,511. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 197,511. FORM 990, PART XII, LINE 2C: THE PROCESS FOR THE OVERSIGHT AND SELECTION FOR THE AUDIT OF THE FINANCIAL STATEMENTS DID NOT CHANGE. MINNESOTA PRIVATE COLLEGE FUND 445 MINNESOTA ST STE 500 ST PAUL MN 55101 510166951 FUNDRAISING FOR MEMBERS MN 501(C)(3) LINE 7 N/A 0 PARTNERS FOR EDUCATION OPPORTUNITY 445 MINNESOTA ST STE 500 ST PAUL MN 55101 411891401 HIGHER EDUCATION RELATED ACTIVITY MN 501(C)(4) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 MINNESOTA PRIVATE COLLEGE FUND Q 289002 COST-SALARY REIMBURSEMENT