Organizations Filed Purposes:
TO DELIVER RELEVANT EDUCATION THAT PREPARES INDIVIDUALS FOR TECHNOLOGY-FOCUSED CAREERS, WHILE PROVIDING AN ENVIRONMENT WHERE THEY MAY DEVELOP THEIR FULL POTENTIAL.
IN DECEMBER, 2016, THE UNITED STATES SECRETARY OF EDUCATION WITHDREW THE FEDERAL RECOGNITION OF THE UNIVERSITY'S ACCREDITING AGENCY, ACCREDITING COUNCIL FOR INDEPENDENT COLLEGES AND SCHOOLS. THE UNIVERSITY IS ALLOWED TO CONTINUE ITS PARTICIPATION IN THE TITLE IV PROGRAMS ON MONTH-TO-MONTH PROVISIONAL BASIS FOR A PERIOD NOT TO EXCEED EIGHTEEN MONTHS (JUNE 12, 2018). THE UNIVERSITY IS CURRENTLY IN THE PROCESS OF SEEKING ACCREDITATION WITH ANOTHER FEDERALLY RECOGNIZED ACCREDITING AGENCY. FAILURE TO OBTAIN ACCREDITATION WITH AN APPROVED AGENCY WITHIN THE REQUIRED TIME FRAME WILL RESULT IN THE LOSS OF FEDERAL TITLE IV FUNDS. IN ADDITION, THE UNIVERSITY WAS REQUIRED TO SIGN A NEW PROVISIONAL PROGRAM PARTICIPATION AGREEMENT (PPPA) AND AN ACCOMPANYING ADDENDUM. THE ADDENDUM - LOSS OF RECOGNIZED ACCREDITING AGENCY ADDITIONAL TERMS AND CONDITIONS SETS FORTH ADDITIONAL REQUIREMENTS THE UNIVERSITY MUST COMPLY WITH IN ORDER TO MAINTAIN ITS PPPA. UNDER PROVISIONAL CERTIFICATION, THE UNIVERSITY'S PARTICIPATION IS SUBJECT TO REVOCATION FOR CAUSE WHICH INCLUDES FAILURE TO COMPLY WITH ANY PROVISION SET FORTH IN THE PPPA OR VIOLATION OF REGULATIONS DEEMED MATERIAL BY THE UNITED STATES DEPARTMENT OF EDUCATION. THE UNIVERSITY HAS COMPILED TO DATE WITH THE PROVISIONS OF THE PPPA AND ADDENDUM.SUBSEQUENT EVENT: ON APRIL 3, 2018, U.S. SECRETARY OF EDUCATION BETSY DEVOS WITHDREW THE PRIOR REVOCATION OF ACICS AND RESTORED ACICS'S STATUS AS A FULLY RECOGNIZED ACCREDITING AGENCY AS OF DECEMBER 12, 2016. THIS ORDER WAS BASED UPON THE MARCH 23, 3018 DECISION BY THE U.S. COURT OF THE DISTRICT OF COLUMBIA THAT REMANDED THE PRIOR SECRETARY OF EDUCATION'S DECISION TO REVOKE ACICS'S RECOGNITION TO SECRETARY DEVOS. ACCORDINGLY, THE PROVISIONS OF THE PPPA AND ADDENDUM WERE VOIDED AND THE UNIVERSITY RESUMED PARTICIPATION IN TITLE IV PROGRAMS AS AN ACCREDITED INSTITUTION.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Norbert J Kubilus | BOARD MEMBER/PRESIDENT/ CE | 40 | $304,056 |
| Bruce Gilden | COO/ VP | 40 | $90,428 |
| Ronald D Klingensmith | CFO | 40 | $65,163 |
| L Mike Maier Chair | BOARD MEMBER | 5 | $0 |
| Nancy Houston | BOARD MEMBER | 5 | $0 |
| Donald Jones | BOARD MEMBER | 5 | $0 |
| Dean Johnston | BOARD MEMBER | 5 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201801349349307265_public.xml