2025-01-16T09:27:30-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2023-07-01 352046329 GREAT LAKES VALLEY CONFERENCE INC GREA 3172375633 201 S CAPITOL AVE PAN AM PLAZA 5 INDIANAPOLIS IN 46225 JIM NAUMOVICH COMMISSIONER 3172375633 2025-01-13 1 1 ANDREW SMITH CPA P01518894 3096714500 2025-01-13 2023 2024-10-15 13:58:12Z JIM NAUMOVICH 201 S CAPITOL AVE PAN AM PLAZA 560 INDIANAPOLIS IN 46225 1441268 0 X WWW.GLVCSPORTS.ORG X 1978 IN ADMINISTRATION AND PROMOTION OF NCAA DIVISION II SPORTS AT 14 MIDWEST UNIVERSITIES THAT ARE MEMBER INSTITUTIONS. 14 14 5 100 0 0 707586 505000 543760 791126 8240 38240 116316 47712 1375902 1382078 0 5000 0 0 474954 567249 0 0 0 916871 1034379 1391825 1606628 -15923 -224550 1197032 1097068 65826 172188 1131206 924880 X ADMINISTRATION AND PROMOTION OF NCAA DIVISION II SPORTS AT 14 MIDWEST UNIVERSITIES THAT ARE MEMBER INSTITUTIONS. 1 0 522649 527097 SPORTS STRATEGIC INITIATIVE PROGRAMS - LEADERSHIP AND RESOURCES PROVIDED TO ENABLE ITS MEMBERS TO ENGAGE IN INTERCOLLEGIATE ATHLETIC COMPETITION AND TO FOSTER SPORTSMANSHIP, ETHICAL CONDUCT, MUTUAL RESPECT AND CONFIDENCE AMOUNG ITS MEMBER INSTITUTIONS. 614386 5000 299418 SPORTS TOURNAMENTS - INTERCOLLEGIATE TOURNAMENTS ORGANIZED BY GLVC FOR THEIR MEMBER INSTITUTIONS. 1137035 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 70 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 0 1 1 1 0 0 1 0 0 0 1 0 0 X JIM NAUMOVICH 3172375633 201 S CAPITOL AVE PAN AM PLAZA 560 INDIANAPOLIS IN 46225 MR DANIEL DOBBINS TREASURER 1.00 X X 0 0 0 DR BRIAN MCGEE COUNCIL MEMBER 1.00 X 0 0 0 DR DAVID LIVINGSTON VICE CHAIR 1.00 X X 0 0 0 MS KATHY FRANKE COUNCIL MEMBER 1.00 X 0 0 0 DR JANET GOOCH COUNCIL MEMBER 1.00 X 0 0 0 DR KRISTIN SOBOLIK COUNCIL MEMBER 1.00 X 0 0 0 DR MARK LOMBARDI COUNCIL MEMBER 1.00 X 0 0 0 DR MOHAMMAD DEHGHANI COUNCIL MEMBER 1.00 X 0 0 0 DR RICHARD J MELSON COUNCIL MEMBER 1.00 X 0 0 0 DR SANDRA CASSADY COUNCIL MEMBER 1.00 X 0 0 0 DR SUSAN THOMAS CHAIR 1.00 X X 0 0 0 DR TANUJA SINGH COUNCIL MEMBER 1.00 X 0 0 0 JOHN FREDERICK PRESIDENT 1.00 X X 0 0 0 SUSAN CHAMBERS INTERIM PRESIDENT 1.00 X X 0 0 0 MR JIM NAUMOVICH COMMISSIONER 40.00 X 188900 0 59480 188900 0 59480 1 0 1 0 0 353000 152000 505000 SPORTS PROGRAMS 711300 609648 609648 GLVCSN PAY-PER-VIEW 516100 181478 181478 791126 32990 32990 12929 7679 5250 5250 5250 63834 51511 12323 12323 OTHER REVENUE 711300 35389 35389 35389 1382078 826515 0 50563 X 5000 5000 250067 112530 137537 225972 139600 86372 13641 8771 4870 48317 29765 18552 29252 15804 13448 2685 2685 25275 25275 1552 1552 53626 53626 22902 22902 41921 41921 22391 22391 1186 1186 22037 22037 TOURNAMENT PROGRAMS 494460 494460 SPORTS PROGRAMS 331105 331105 MISCELLANEOUS 6763 6763 BANK FEES 6547 6547 1929 1929 1606628 1137035 469593 0 142683 779598 803152 7077 16293 9466 9212 880 58252 58252 1186 0 195498 218117 61524 49414 1197032 1097068 3709 25547 100000 62117 46641 65826 172188 X 1131206 924880 1131206 924880 1197032 1097068 -224550 18224 0 X X 0 1 X 1 0 X 810000 285250 908717 707586 505000 3216553 512672 506187 608917 600827 854960 3083563 1322672 791437 1517634 1308413 1359960 6300116 0 289450 310620 307288 324691 331336 1563385 289450 310620 307288 324691 331336 1563385 4736731 3041 420 250 4800 32990 41501 3041 420 250 4800 32990 41501 30113 9644 21304 101043 35389 197493 1355826 801501 1539188 1414256 1428339 6539110 0.72440 0.72980 0.00630 0.00180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 58252 58252 0 0 RIGHT-OF-USE LIABILITY 46641 46641 X 1400302 18224 18224 1382078 0 1382078 1606628 0 1606628 0 1606628 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION, EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(3). THE ORGANIZATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ON ANY ACTIVITIES UNRELATED TO ITS TAX-EXEMPT PURPOSE, OF WHICH THE ORGANIZATION HAD NONE FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. CONSEQUENTLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT ANY PROVISION FOR INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE U.S. FEDERAL AND STATE INCOME TAX RETURNS OF THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. 0 0 0 0 0 0 0 0 0 MR JIM NAUMOVICH COMMISSIONER 188900 0 0 0 0 0 19273 0 40207 0 248380 0 0 0 FORM 990, PART III, LINE 2 WE INITIATED A PAY-PER-VIEW PROGRAM FOR REGULAR SEASON VOLLEYBALL, FOOTBALL, AND BASKETBALL CONTESTS ON GLVCSN. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE WILL CONSIST OF THE COUNCIL CHAIR, VICE-CHAIR, AND TREASURER. IN ADDITION TO HELPING COMMUNICATE AND SUPPORT THE WORK OF THE COMMISSIONER ON THE DEVELOPMENT OF MEETING AGENDAS, THE EXECUTIVE COMMITTEE WILL LEAD THE COUNCIL IN THE EVALUATION OF THE COMMISSIONER AT ANNUAL SPRING MEETINGS AND ASSIST ON MATTERS AT OTHER TIMES, AS NECESSARY. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE ORGANIZATION CONSIST OF MEMBER INSTITUTIONS. NEW MEMBER SCHOOLS ARE SELECTED PURSUANT TO POLICIES OUTLINED IN THE CONFERENCE HANDBOOK. FORM 990, PART VI, SECTION A, LINE 7B THE COUNCIL OF PRESIDENTS HAS ONE MEMBER FROM EACH MEMBER INSTITUTION AND APPROVES ALL DECISIONS. THE INDIVIDUAL IS THE CEO OF THE MEMBER INSTITUTION. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. THE FINAL DOCUMENT IS THEN CIRCULATED TO THE ENTIRE BOARD OF PRESIDENTS. FORM 990, PART VI, SECTION B, LINE 15A THE GLVC COUNCIL OF PRESIDENTS CONDUCTS AN ANNUAL REVIEW OF THE COMMISSIONER EACH MAY, AFTER SOLICITING FEEDBACK FROM THE LEAGUE'S ATHLETIC DIRECTORS AND FACULTY ATHLETIC REPRESENTATIVES. A FORMAL WRITTEN DOCUMENT IS USED AS THE EVALUATION INSTRUMENT IN THIS PROCESS. THE COUNCIL ALSO REVIEWS SALARY DATA AVAILABLE FROM THE NCAA DIVISION II CONFERENCE COMMISSIONERS ASSOCIATION (CCA) ANNUAL SURVEY WHEN DETERMING THE COMPENSATION LEVEL FOR THE FOLLOWING FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104(D) OF THE INTERNAL REVENUE CODE AND REGULATIONS THEREUNDER, COPIES OF THE IRS FORM 990 AND APPLICATION FOR EXEMPTION SHALL BE MADE AVAILABLE UPON REQUEST, IN A TIMELY MANNER, AND SUBJECT TO CHARGES PERMITTED BY THE LAW TO ANY INDIVIDUALS WHO REQUEST IT. OTHER GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST TO THE INDIVIDUALS REQUESTING THEM. FORM 990, PART IX, LINE 24E DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,929. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,929. FORM 990 PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.