Council for Adult and Experiential Learning

“Persons listed in part vii may have a "business relationship" with each other by virtue of sitting on related strada education network, inc boards or by virtue of thier employment with related strada education network, inc entities.”

“The organization dissolved and merged into strada collaborative on 10/1/2021.”

“Strada education network, inc is the sole member of the council for adult and experiential learning, inc”

“Strada education network, inc is the sole member of the council for adult and experiential learning, inc. As the sole member, strada education network, inc has the right to (a) elect and remove the members of the board of trustees of the council for adult and experiential, inc and (b) fill any vacancy of the board of trustees.”

“On october 01, 2021, this entity was merged out of existence into strada collaborative, inc. Which dissolved the existing board. Once the form 990 is prepared by the organization, with assistance from the external tax accounting firm, the form and all applicable schedules are provided to the full board of strada collaborative, inc. In advance of the form being filed with the irs, allowing time for review and comment by the full board.”

“Annually, a conflict of interest and disclosure questionnaire is required to be completed by all trustees, officers, and key employees. The purpose of the questionnaire is to solicit information about relationships that may constitute a potential conflict of interest. Each member of the board of trustees signs an annual conflict of interest disclosure statement that discloses actual or potential conflicts of interest as set forth in the approved conflict of interest policy for trustees. The disclosure statements are reviewed by the board of trustees. When any such conflict of interest is relevant to a matter requiring action by the board of trustees or any committee, the interested person shall call it to the attention of the chair and such person shall not vote on the matter. Moreover, the person having the conflict shall leave the room in which the meeting is held and not participate in the final deliberations or decisions regarding the matter under consideration. A trustee shall advise the chair in writing of any potential conflicts of interest which arise after signing the conflict of interest disclosure statement.”

“The organization engages an independent compensation consultant, which runs a market analysis for purposes of determining pay and setting bonus programs. That information is provided to the board in setting compensation and bonus plans.”

“Governing documents, conflict of interest statements and financial statements are available upon request.”

“Consultants: program service expenses 599,205. Management and general expenses 0. Fundraising expenses 0. Total expenses 599,205. Others: program service expenses 1,289,240. Management and general expenses 93,559. Fundraising expenses 0. Total expenses 1,382,799.”

“Transfer of assets, liabilities and net assets to strada collaborative, inc 225,149.”

“In 2020, an election was made to no longer have a separate, independent audit for cael but, rather, cael is included as part of the consolidated audit of its supporting organization, strada education network, inc.”