Postsecondary Electronic Standards Council

“PESC has two classes of membership - full membership with full voting rights and non-voting affiliate members. Full membership is available to institutions of higher education; schools and districts; data software, and service providers; related third parties; state and federal goverment agencies; and national, state, or local associations or agencies having interest in the activities of PESC. Each full member is entitled to only one vote, which it exercises through a self-appointed primary representative. Affiiliate membership is open to any other parties with an interest in the support and promotion of electronic standards in education.”

“All member of PESC's board of directors, other than the President & CEO, are elected to two-year terms by the full members at annual membership meeting held each Spring. Each full member's appointed representative is eligible to be nominated to serve on the board.”

“The bylaw of PESC may only be amended by a two-thirds vote of full members. In addition, at the annual membership meeting, full members vote on the annual dues for the upcoming year and on the annual operating budget recommneded by the Board of Directors.”

“PESC has no committees.”

“Form 990 is reviewed by the President & CEO prior to filing.”

“PESC has a conflict interest policy which covers any director, officer, volunteers, member of a committee with board-delegated powers, or employee who has a financial interest in a transaction or disclosure forms are stored iin PESC's office by the President & CEO, and reviewed as needed at each spring and fall data summit.”

“The chair of PESC's board of directors researches comparable organizations and compensation for their respective presidents, employees, and supervisors. The chair also conducts an annual performance review of the President & CEO, and the board of directors discusses performanace reiview results and amount of compensation increases, if any, in an executiive session at each year annual retreat.”

“The governing documents, policies, financial statements,and 900 of PESC are maintained in PESC's offices and are made available to the public upon request and as needed.”

“Payroll Service Fees: Program service expenses 0. Management and general expenses 2,264. Fundraising expenses 0. Total expenses 2,264. Professional fees: Program service expenses 36,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,000.”