2024-11-13T13:22:58-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2023-01-01 521143423 EASTERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS EAST 8662706479 2455 E SUNRISE BOULEVARD SUITE 816 FORT LAUDERDALE FL 33304 LISA HEFFERNAN TREASURER 2028612595 2024-11-12 1 0 ROBERT WILLIAMS P01345960 5712279500 2024-11-12 2023 2024-10-15 13:58:12Z ROMAYNE BOTTI 2455 E SUNRISE BOULEVARD SUITE 816 FORT LAUDERDALE FL 33304 1013382 0 X WWW.EACUBO.ORG X 1978 DC TO PROMOTE EFFECTIVE AND ETHICAL ADMINISTRATION BY BUSINESS OFFICERS IN COLLEGES & UNIVERSITIES. 15 15 0 35 0 0 0 0 1252042 987083 25205 23357 0 2942 1277247 1013382 0 0 0 0 83538 23762 0 0 0 1434973 1134048 1518511 1157810 -241264 -144428 1393660 1075746 431835 113870 961825 961876 X WE PREPARE AND SUPPORT FINANCIAL AND ADMINISTRATIVE LEADERS AS PIVOTAL STRATEGIC PARTNERS, ENABLING THEIR ACADEMIC INSTITUTIONS TO THRIVE.TO ENABLE THE INSTRUCTIONAL, RESEARCH AND PUBLIC SERVICE MISSIONS OF HIGHER EDUCATION, EASTERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS (EACUBO) PROMOTES EFFECTIVE AND ETHICAL ADMINISTRATION BY BUSINESS OFFICERS IN COLLEGES AND UNIVERSITIES IN THE EASTERN REGION BY PRODUCING PROFESSIONAL DEVELOPMENT ACTIVITIES, PROMOTING INTER-INSTITUTIONAL COMMUNICATION AND COOPERATION, AND DISSEMINATING INFORMATION ON CURRENT AND FUTURE ISSUES. 0 0 548041 575512 ANNUAL MEETING: EACUBO HELD ITS ANNUAL MEETING IN OCTOBER 2023 IN MONTREAL, CANADA. THE EACUBO ANNUAL MEETING IS DESIGNED TO FOCUS STRATEGICALLY ON SEVERAL TOPICS SUCH AS CHANGE MANAGEMENT, INNOVATION AND RISK TAKING. WE EXPLORE NEW IDEAS, PRACTICAL SOLUTIONS, AND NEW MODELS FOR HIGHER EDUCATION. THERE ARE FIVE TRACKS OF CONCURRENT SESSIONS AND FOUR GENERAL SESSION SPEAKERS, TYPICALLY. 323594 241241 ANNUAL WORKSHOP: EACUBO MOVED BACK TO AN ON-SITE ANNUAL WORKSHOP IN MARCH 2023 IN BALTIMORE. THE WORKSHOP PROVIDES CONTINUING PROFESSIONAL EDUCATION TO COLLEGE AND UNIVERSITY BUSINESS OFFICERS. THE WORKSHOP SESSIONS ARE FILLED WITH TIMELY UPDATES AND BEST PRACTICES FOR THE WORK BEING DONE ON CAMPUSES. 73762 170330 BOARD AND COMMITTEE AND MORE: EACUBO MAINTAINS A WEBSITE PROVIDING INFORMATION ON EDUCATIONAL PROGRAMS AND EVENTS, MEMBER RESOURCES, A COMPETENCY FRAMEWORK, CAREER CENTER, NEWSLETTERS, AND ORGANIZATIONAL DOCUMENTS SUCH AS BY-LAWS. 945397 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X AMC SOURCE INC 2028612595 2455 E SUNRISE BLVD SUITE 816 FORT LAUDERDALE FL 33304 LAURA HUBBARD PAST CHAIR 8.00 X 0 0 0 LISA HEFFERNAN TREASURER 4.00 X X 0 0 0 JANET WORMACK SECRETARY 8.00 X X 0 0 0 ROMAYNE BOTTI CHAIR 4.00 X X 0 0 0 MOLLY MERCER PROGRAM & SERVICES COMMITTEE CHAIR 4.00 X X 0 0 0 AUDRA KAHR DIRECTOR AT-LARGE 4.00 X 0 0 0 ED STEINMETZ DIRECTOR AT-LARGE 4.00 X 0 0 0 MELODY BIANCHETTO TREASURER (LEFT 10/2023) 4.00 X 0 0 0 JOHN BRAUNSTEIN DIRECTOR AT-LARGE 4.00 X 0 0 0 LORI WILKIN DIRECTOR AT-LARGE 4.00 X 0 0 0 SARA THORNDIKE VICE CHAIR 4.00 X X 0 0 0 HANIA FERRARA VICE CHAIR (LEFT 10/2023) 8.00 X X 0 0 0 TERI GUARNACCIA DIRECTOR AT-LARGE 4.00 X 0 0 0 DAVID ENGLISH DIRECTOR AT-LARGE 4.00 X 0 0 0 BRYAN SWARTHOUT DIRECTOR AT-LARGE 4.00 X 0 0 0 JOHN COPPOLA DIRECTOR AT-LARGE 4.00 X 0 0 0 BILL GUERRERO DIRECTOR AT-LARGE 4.00 X 0 0 0 RENE STEWART O'NEAL DIRECTOR AT-LARGE 4.00 X 0 0 0 JOHN O'KEEFE DIRECTOR AT-LARGE (LEFT 10/2023) 4.00 X 0 0 0 NICOLE TRUFANT DIRECTOR AT-LARGE (LEFT 10/2023) 4.00 X 0 0 0 0 0 0 0 0 0 0 AMC SOURCE INC 2455 E SUNRISE BLVD SUITE 816 FORT LAUDERDALE FL 33304 ASSOCIATION MANAGEMENT SERVICES 312000 1 ANNUAL MEETING 611430 373150 373150 SPONSORSHIPS 900099 310361 310361 MEMBERSHIP DUES 900099 170330 170330 ANNUAL EDU. WORKSHOP 611430 133242 133242 987083 23357 23357 JOB POSTINGS 541900 2942 2942 2942 1013382 987083 0 26299 23762 23762 386695 254500 132195 21335 21335 205 205 66745 47206 19539 120954 120954 502508 502508 4725 350 4375 OTHER 22630 12878 9752 MEMBERSHIP FEES 8251 7001 1250 1157810 945397 212413 0 92287 87284 161802 104802 63905 15095 2961 71535 30446 30446 0 0 1072705 797030 1393660 1075746 356552 13192 75283 100678 431835 113870 X 946554 944266 15271 17610 961825 961876 1393660 1075746 -144428 144479 0 X 0 1 X 1 0 X 189154 189154 1167586 304652 212081 1232155 987083 3903557 1356740 304652 212081 1232155 987083 4092711 0 55572 28500 24956 60330 169358 55572 28500 24956 60330 169358 3923353 26214 20126 22362 25205 23357 117264 9057 5162 4300 19887 38406 35271 25288 26662 45092 23357 155670 7103 2942 2942 12987 1399114 329940 241685 1277247 1013382 4261368 0.92070 0.93060 0.03650 0.03530 X 15272 2340 17611 18281 -3009 15272 16470 1811 18281 14442 2028 16470 13171 1771 500 14442 0.00000 0.56779 0.43221 0 0 30446 30446 0 0 X 1157656 144479 144479 1013177 205 205 1013382 1157605 0 1157605 205 205 1157810 PART V, LINE 4: ENDOWMENT FUNDS ARE HELD TO FUND A DISTINGUISHED SERVICE AWARD. PART X, LINE 2: EACUBO IS EXEMPT FROM THE PAYMENT OF TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, EACUBO IS SUBJECT TO FEDERAL AND STATE TAXES ON ITS UNRELATED BUSINESS INCOME. EACUBO'S INCOME TAX RETURN IS SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. EACUBO IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL BE A COMMITTEE OF THE BOARD, WHICH SHALL EXERCISE THE POWER AND AUTHORITY OF THE BOARD BETWEEN MEETINGS OF THE BOARD, EXCEPT AS OTHERWISE PROVIDED IN THESE BYLAWS. THE CHAIR OF EACUBO SHALL SERVE AS CHAIR OF THIS COMMITTEE. FORM 990, PART VI, SECTION A, LINE 3 AMC SOURCE, INC AS THE MANAGEMENT COMPANY HANDLING THE DAY TO DAY OPERATIONS, EVENT MANAGEMENT SERVICES : ASSOCIATION MANAGEMENT SERVICES FORM 990, PART VI, SECTION A, LINE 6 EASTERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS (EACUBO) HAS FIVE CLASSES OF MEMBERSHIP AS SET FORTH IN THE ARTICLES OF INCORPORATION: REGULAR MEMBERS, PROVISIONAL MEMBERS, ASSOCIATE MEMBERS, BUSINESS PARTNERS, AND AFFILIATE MEMBERS. REGULAR MEMBERS HAVE VOTING RIGHTS AND SHALL BE EDUCATIONAL INSTITUTIONS WHICH ARE ACCREDITED NONPROFIT INSTITUTIONS OF HIGHER EDUCATION, WHICH GRANT ASSOCIATE OR HIGHER DEGREES. PROVISIONAL MEMBERS, ASSOCIATE MEMBERS, BUSINESS PARTNERS, AND AFFILIATE MEMBERS SHALL HAVE NO VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A THE OFFICERS OF THE CORPORATION SHALL BE ELECTED BY THE REGULAR MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B BYLAWS MAY BE ALTERED, AMENDED OR REPEALED AND NEW BYLAWS MAY BE ADOPTED BY TWO-THIRDS OF THE REGULAR MEMBERS PRESENT AT ANY MEETING AT WHICH A QUORUM IS PRESENT, PROVIDED THAT DUE NOTICE OF SUCH MEETING SHALL HAVE BEEN FURNISHED AND THAT SUCH NOTICE OR WAIVER THEREOF SHALL HAVE INCLUDED A STATEMENT THAT ONE OF THE PURPOSES OF SUCH MEETING WAS TO CONSIDER SUCH ALTERATION, AMENDMENT OR APPEAL. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND AUDIT COMMITTEE AND EITHER THE EXECUTIVE COMMITTEE OF THE BOARD OR THE FULL BOARD REVIEW AND APPROVE THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL CONFLICTS ARE MADE KNOWN AT EACH BOARD MEETINGS, IF ANY. EVERY JANUARY DURING THE ANNUAL EACUBO STRATEGIC PLANNING RETREAT, ALL BOARD MEMBERS MUST READ AND SIGN THE CONFLICT-OF-INTEREST POLICY. THE CHAIR OF THE GOVERNANCE COMMITTEE (WHO IS ALSO THE IMMEDIATE PAST EACUBO CHAIR) GIVES A BRIEF EXPLANATION OF THE POLICY AND INSTANCES WHERE THERE MAY BE CONFLICTS TO CONSIDER. EACH YEAR, THE CHAIR, VICE CHAIR, AND IMMEDIATE PAST CHAIR REPORT A CONFLICT OF INTEREST ON THEIR FORMS BECAUSE OF THEIR DUAL SERVICE ON THE NACUBO BOARD OF DIRECTORS AND OUR RELATIONSHIP WITH OUR MANAGEMENT SERVICES AGREEMENT WITH NACUBO. AT THE BEGINNING OF EACH BOARD MEETING, THE CHAIR ASKS BOARD MEMBERS PRESENT IF THERE ARE ANY ANTICIPATED CONFLICTS OF INTEREST BASED ON THE AGENDA. TYPICALLY, THERE ARE NONE, BUT IT IS ALWAYS NOTED IN THE MEETING AND RECORDED IN THE MEETING MINUTES THAT THE CHAIR, VICE CHAIR AND IMMEDIATE PAST CHAIR WILL ELECT TO LEAVE THE MEETING WHEN AND IF THE NACUBO MANAGEMENT SERVICES AGREEMENT IS TO BE DISCUSSED. BOARD MEMBERS TURN IN THEIR SIGNED COPIES TO THE GOVERNANCE COMMITTEE CHAIR. THESE COPIES ARE THEN SENT TO THE ASSOCIATION EXECUTIVE AT THE END OF THEIR TERMS FOR ARCHIVING PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 EACUBO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE.