2025-04-07T18:10:29-05:00 2024-05-31 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2023-06-01 760427292 SOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS INC SOUT 2062107751 2150 N 107TH ST SUITE 330 SEATTLE WA 98133 LISA MAZURE TREASURER 2062107751 2025-04-01 1 0 ROBERT WILLIAMS P01345960 5712279500 2025-04-01 2023 2025-03-06 01:10:19Z NOEL SLOAN 2150 N 107TH ST SUITE 330 SEATTLE WA 98133 1729642 0 X WWW.SACUBO.ORG X 1928 TX TO INFORM HIGHER EDUCATION INSTITUTIONS IN THE SOUTHERN U.S. ON ISSUES THAT AFFECT THEM. 20 20 0 87 0 0 316950 366407 981193 1033366 -1387 22273 50 0 1296806 1422046 14000 20000 0 0 0 0 0 0 0 1471776 1415983 1485776 1435983 -188970 -13937 1360421 1677297 335782 531467 1024639 1145830 X SOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS, INC (SACUBO) CONTRIBUTES TO SUPERIOR HIGHER EDUCATION FINANCIAL AND ADMINISTRATIVE SERVICES BY PROVIDING RELEVANT PROFESSIONAL DEVELOPMENT, THOUGHT LEADERSHIP AND ISSUE ADVOCACY. 0 0 533023 3000 784063 ANNUAL CONFERENCE - ANNUAL MEETING OF BUSINESS OFFICERS FOR PURPOSE OF CONTINUING EDUCATION AND MANAGEMENT OF BUSINESS AFFAIRS OF EDUCATIONAL INSTITUTIONS. THE 2024 ANNUAL MEETING WAS HELD IN LOUISVILLE, KY FROM APRIL 14-26, 2024. THERE WERE TWO GENERAL SESSIONS, FASB/GASB UPDATES, EIGHT CONCURRENT SESSIONS, AND A MYRIAD OF NETWORKING OPPORTUNITIES. 209051 5000 150385 FALL WORKSHOP - SACUBO'S FALL WORKSHOP TAKES PLACE ANNUALLY. THE WORKSHOP FEATURES NATIONALLY RECOGNIZED SPEAKERS AND SUBJECT-MATTER EXPERTS ON A VARIETY OF TOPICS OF IMPORTANCE TO HIGHER EDUCATION BUSINESS PROFESSIONALS. THE 2024 FALL WORKSHOP WAS HELD IN AUSTIN, TX FROM OCTOBER 30-NOVEMBER 1, 2024. 99480 98918 WOMEN'S LEADERSHIP FORUM -SACUBO HOSTED ITS 9TH ANNUAL WOMEN'S LEADERSHIP FORUM ON FEBRUARY 68, 2024 IN BIRMINGHAM, AL. THIS WAS TWO-DAY FORUM FOR CURRENT AND FUTURE WOMEN LEADERS IN HIGHER EDUCATION. THE PROGRAM IS DESIGNED TO PROVIDE SPEAKERS WHO ARE EXPERTS IN TOPICS RELATED TO WOMEN IN LEADERSHIP POSITIONS, HIGH-LEVEL EXECUTIVE COACHING SESSIONS, INTERACTIVE GROUP DISCUSSIONS, AND NETWORKING OPPORTUNITIES TO HELP YOU POSITION YOURSELF FOR EFFECTIVE LEADERSHIP AND EXECUTIVE PLACEMENT. 219936 12000 COLLEGE BUSINESS MANAGEMENT INSTITUTE - CO-SPONSORED BY SACUBO AND THE UNIVERSITY OF KENTUCKY, THE COLLEGE BUSINESS MANAGEMENT INSTITUTE (CBMI) OFFERS AN INTENSIVE COURSE OF STUDY IN BUSINESS AND FINANCIAL MANAGEMENT FOR ADMINISTRATORS OF COLLEGES AND UNIVERSITIES. RANGING FROM ENTRY-LEVEL TO ADVANCED, OVER 70 COURSES WERE TAUGHT DURING CBMI 2024 BY DISTINGUISHED FACULTY WHO ARE PRACTICING ADMINISTRATORS AND LEADERS IN THEIR FIELDS. 219936 12000 1061490 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 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 0 0 0 0 1 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 1 0 0 1 1 1 1 1 1 0 0 1 1 1 1 1 0 0 0 X SBI ASSOCIATION MANAGEMENT 2062107751 2150 N 107TH ST SUITE 330 SEATTLE WA 98133 X NOEL SLOAN PRESIDENT 6.00 X X 0 0 0 DARRELL DUNCAN 1ST VICE PRESIDENT 4.00 X X 0 0 0 DEBBIE WALKER 2ND VICE PRESIDENT 4.00 X X 0 0 0 JEREMY DIGORIO 3RD VICE PRESIDENT 4.00 X X 0 0 0 BRENNA DIXON SECRETARY 4.00 X X 0 0 0 MICHAEL EBBS TREASURER 4.00 X X 0 0 0 JOHN CRAWFORD IMMEDIATE PAST PRESIDENT 2.00 X 0 0 0 JAMIE LOFTIN CHAIR PROF. DEV. COMMITTEE 2.00 X 0 0 0 BRETT POWELL CO-CHAIR PROF. DEV. COMMITEE 2.00 X 0 0 0 KELLY EPTING CO-CHAIR PROF. DEV. COMMITTEE 6.00 X 0 0 0 RANDY ELLIS BUS PARTNER RELATIONS COORD. 6.00 X 0 0 0 UNDRIA STALLING DIVERSITY, EQUITY & INCLUSION COORD. 2.00 X 0 0 0 WILLIAM NELSON MEMBERS AT LARGE 2.00 X 0 0 0 STAN SULLIVANT MEMBERS AT LARGE 2.00 X 0 0 0 JUAN CASTILLO MEMBERS AT LARGE 2.00 X 0 0 0 CHRIS GARDNER MEMBERS AT LARGE 2.00 X 0 0 0 LISA MAZURE CONSTITUENT CHAIR 2.00 X 0 0 0 BRYAN ELMORE CONSTITUENT CHAIR 2.00 X 0 0 0 KIM HADLEY CONSTITUENT CHAIR 2.00 X 0 0 0 ANTRAMEKA KNIGHT CONSTITUENT CHAIR 2.00 X 0 0 0 0 0 0 0 0 0 0 SBI ASSOCIATION MANAGEMENT 2150 N 107TH ST SUITE 330 SEATTLE WA 98133 ASSOCIATION AND EVENTS MANAGEMENT SERVIC 288000 1 366407 366407 REGISTRATION 611430 588497 588497 MEMBERSHIP DUES 900099 325619 325619 EXHIBITOR FEES 611430 119250 119250 1033366 16595 16595 313274 307596 5678 5678 5678 1422046 1033366 0 22273 17000 17000 3000 3000 368964 71204 297760 27430 27430 9241 9241 489 489 13656 8073 5583 59132 45493 13639 23151 13685 9466 96956 96956 749977 749977 6312 3731 2581 GIFTS AND AWARDS 9321 5510 3811 DUES/SUBSCRIPTIONS 3057 1807 1250 GRAPHIC DESIGN 2957 1748 1209 45340 43306 2034 1435983 1061490 374493 0 473310 478257 84126 94529 115425 1103 143976 791479 855513 1360421 1677297 90082 237545 245700 293922 335782 531467 X 1024639 1145830 1024639 1145830 1360421 1677297 -13937 135128 0 X 0 1 X 1 0 X 157500 218000 333000 316950 366407 1391857 406649 490365 898625 981193 1033366 3810198 564149 708365 1231625 1298143 1399773 5202055 110000 105000 142500 123970 109000 590470 0 110000 105000 142500 123970 109000 590470 4611585 15549 11938 15028 12576 16595 71686 15549 11938 15028 12576 16595 71686 50 50 579698 720303 1246653 1310769 1416368 5273791 0.87440 0.86360 0.01360 0.01430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 791479 148160 939639 785574 5905 791479 938327 -152753 785574 1.00000 0 0 0 X 1547933 135128 135128 1412805 9241 9241 1422046 1426742 0 1426742 9241 9241 1435983 PART V, LINE 4: SACUBO'S SPENDING POLICY FOR ITS QUASI-ENDOWMENT FUND IS DESIGNED TO STABILIZE ANNUAL SPENDING LEVELS AND PRESERVE THE REAL VALUE OF THE ENDOWMENT OVER TIME. THE AMOUNT OF QUASI-ENDOWMENT RETURN AVAILABLE FOR CURRENT SPENDING (DISTRIBUTION) DURING A FISCAL YEAR SHALL BE DETERMINED ON THE BASIS OF THE AVERAGE MARKET VALUE OF THE 12 MOST RECENT TRAILING QUARTERS AS OF THE PRECEDING DECEMBER 31ST ("AVERAGE MARKET VALUE"). THE ANNUAL DISTRIBUTION SHALL BE CALCULATED AS 5% OF THE AVERAGE MARKET VALUE. PART X, LINE 2: SACUBO 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. NO PROVISION FOR INCOME TAXES IS REQUIRED AS OF MAY 31, 2024 AND 2023, AS SACUBO HAD NO NET UNRELATED BUSINESS INCOME. SACUBO'S INCOME TAX RETURN IS SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. SACUBO IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. 1 UNIVERSITY OF KENTUCKY-CBMI 322 PETERSON SERVICE BUILDING 411 SOUTH LIMESTONE LEXINGTON KY 40506 616001218 501(C)3 12000 0 N/A N/A SCHOLARSHIP 1 0 SCHOLARSHIP - 2024 ANNUAL MEETING 3 3000 0 N/A N/A PART I, LINE 2: THE SACUBO BOARD OF DIRECTORS MAY ESTABLISH SCHOLARSHIPS AND AWARDS AND A PROCESS FOR GRANTING THEM. AWARD AND SCHOLARSHIP CRITERIA SHALL BE ESTABLISHED BY THE APPROPRIATE COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. CURRENTLY, ALL SCHOLARSHIPS GO THROUGH AN APPLICATION PROCESS AND A COMMITTEE REVIEWS THEM APPLICANTS. EACH YEAR WHEN SETTING THE BUDGET THE BOARD DECIDES HOW MUCH TO GRANT IN SCHOLARSHIPS. AFTER THE EVENT, SACUBO PROVIDES THE SCHOLARSHIP TO THE RECIPIENTS UNIVERSITY AFTER CONFIRMING PARTICIPATION IN SAID EVENT. FORM 990, PART VI, SECTION A, LINE 1A ALL EXEC COMMITTEE MEMBERS ARE ON THE BOARD. THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF SEVEN (7) MEMBERS: THE IMMEDIATE PAST PRESIDENT, THE PRESIDENT, FIRST VICE PRESIDENT, SECOND VICE PRESIDENT, THIRD VICE PRESIDENT, SECRETARY, AND TREASURER. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT FOR THE BOARD BETWEEN ITS MEETINGS ON MATTERS REQUIRING IMMEDIATE ATTENTION INCLUDING REPLACEMENT APPOINTMENTS IN THE EVENT OF EMERGENCY RESIGNATIONS OR FAILURE TO PERFORM. THE EXECUTIVE COMMITTEE SHALL HAVE FULL POWER TO TRANSACT ALL NECESSARY BUSINESS OF THE BOARD OF DIRECTORS SPECIFICALLY COMMITTED TO IT IN HARMONY WITH THE GENERAL POLICY OF THE BOARD OF DIRECTORS MADE AND DETERMINED AT STATED OR SPECIAL MEETINGS. THE EXECUTIVE COMMITTEE SHALL MEET ON THE CALL OF THE PRESIDENT AT SUCH TIME AND PLACE AS SHALL BE DESIGNATED IN THE CALL. FOUR MEMBERS OF THE COMMITTEE SHALL CONSTITUTE A QUORUM. FORM 990, PART VI, SECTION A, LINE 3 SBI ASSOCIATION MANAGEMENT. EXECUTIVE DIRECTOR MEGAN MILLER. MEGAN IS SBI EMPLYEE FORM 990, PART VI, SECTION A, LINE 6 SACUBO'S "REGULAR MEMBERS" HAVE THE RIGHT TO VOTE. FORM 990, PART VI, SECTION A, LINE 7A SACUBO'S "REGULAR MEMBERS" HAVE THE RIGHT TO VOTE ANNUALLY OR AT SPECIAL MEETINGS ON THE MEMBERSHIP DUES. MEMBERS CAN ALSO VOTE ON THE BUDGET, OFFICERS FOR THE UPCOMING YEAR AND ANY CHANGES IN BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B SACUBO'S "REGULAR MEMBERS" HAVE THE RIGHT TO VOTE ANNUALLY OR AT SPECIAL MEETINGS ON THE MEMBERSHIP DUES. MEMBERS CAN ALSO VOTE ON THE BUDGET, OFFICERS FOR THE UPCOMING YEAR, AND ANY CHANGES IN BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS REVIEWED BY EXECUTIVE DIRECTOR AND TREASURER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY AND DISCLOSE ANY CONFLICTS OF INTEREST. THE SECRETARY IS RESPONSIBLE FOR REPORTING POTENTIAL CONFLICTS TO THE EXECUTIVE COMMITTEE FOR REVIEW, AND A FULL REPORT IS MADE BY THE SECRETARY TO THE BOARD ANNUALLY AT A BOARD MEETING. IN THE EVENT OF A CONFLICT DURING THE YEAR, THE BOARD MEMBER WITH THE CONFLICT WOULD RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE. FORM 990, PART VI, SECTION C, LINE 19 SACUBO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.