Council on International Educational

“The sole member of the Corporation is CIEE, Inc., a Delaware corporation. On August 31, 2014, at the end of the business day, CIEE, Inc. was dissolved and all programs and activities were merged in Council, International Study Programs Inc. (ISP). Effective September 1, 2014, International Study Programs Inc. (ISP) changed its name to CIEE, Inc.”

“Members of the Board of Directors of Council on International Educational Exchange, Inc. are elected by the membership.”

“The 990 Form is prepared by an independent public accounting firm from materials of the Organization provided by management. A copy of the Form 990 is shared with the entire board before filing on an annual basis. A draft of the 990 is reviewed by the CEO, COO, CFO, and Controller and then reviewed with the Board Executive Committee prior to filing.”

“The Board of Directors, officers, and key employees are required to sign and date, on an annual basis, a Conflict of Interest Statement which discloses any potential conflicts of interest.”

“The Organization commissions a compensation study at least every five years regarding compensation paid to the CEO as well as other officers and key employees. This study is comprehensive in nature and includes comparative data. The latest study was completed in 2016. Due to the pandemic's impact on the organization, a full study was not conducted in 2021. A compensation study is planned within the next two years as the company emerges from the pandemic. There is also an annual goal setting and performance appraisal process for all officers and key employees. These are discussed and reviewed by the Executive Committee of the Board of Directors.”

“The Organization's governing documents, conflict of interest policy & financial statements are made avaliable to the public upon request.”

“As a result of the COVID-19 global pandemic beginning in March 2020, the Company's program operations were disrupted by no-travel, quarantine, and shelter at home mandates. The Company and its sole member, CIEE, Inc., reacted swiftly to minimize the impact of the loss of revenue by adjusting staffing levels and reducing operating costs. Management is confident that these actions position the Company to weather the pandemic, while maintaining the staff and infrastructure to respond to future demand for its programs and continue its mission of international educational exchange.”

“Supervision & Placement Fees: Program service expenses 712,795. Management and general expenses 583. Fundraising expenses 0. Total expenses 713,378.”

“Section 1.263(a)-3(n) Election: Council on International Educational Exchange, Inc. d/b/a CIEE HS Foundation 600 Southborough Drive, Suite 104 South Portland, ME 04106 EIN 13-5619649 Council on International Educational Exchange, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).”

“CIEE, Inc. is filing Form 5471 and reporting the related investment activity for foreign investments in Council Travel KK and Council Japan KK on behalf of Council on International Educational Exchange, Inc. The name, address, and identifying number is as follows: CIEE, Inc. 600 Southborough Drive, Suite 104 South Portland, ME 04106 #13-4038907 The returns will be e-filed.”