2025-10-20T09:51:33-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2024-01-01 521143423 EASTERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS EAST 8662706479 2455 E SUNRISE BOULEVARD 816 FORT LAUDERDALE FL 33304 LISA HEFFERNAN TREASURER 8662706479 2025-10-17 1 1 ROBERT WILLIAMS P01345960 5712279500 2025-10-08 2024 2025-03-06 01:10:19Z ROMAYNE BOTTI 2455 E SUNRISE BOULEVARD 816 FORT LAUDERDALE FL 33304 1216455 0 X WWW.EACUBO.ORG X 1978 DC TO PROMOTE EFFECTIVE AND ETHICAL ADMINISTRATION BY BUSINESS OFFICERS IN COLLEGES & UNIVERSITIES. 13 13 0 35 0 0 0 0 987083 1189835 23357 21190 2942 5430 1013382 1216455 0 0 0 0 23762 0 0 0 0 1134048 1402000 1157810 1402000 -144428 -185545 1075746 965571 113870 118572 961876 846999 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 721909 0 730250 ANNUAL MEETING: EACUBO HELD ITS ANNUAL MEETING IN OCTOBER 2024 IN PHILADELPHIA, USA. 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. 398344 0 290313 ANNUAL WORKSHOP: EACUBO CONDUCTED AN ON-SITE ANNUAL WORKSHOP IN MARCH 2025 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. 83917 0 169272 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. 1204170 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 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 13 13 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X SAMUEL PIERROT 9549472429 2455 E SUNRISE BLVD SUITE 816 FORT LAUDERDALE FL 33304 X ROMAYNE BOTTI CHAIR 4.00 X X 0 0 0 AUDRA KAHR DIRECTOR AT-LARGE/P&S CHAIR (AS OF 6/24) 4.00 X X 0 0 0 MOLLY MERCER PROGRAM AND SERVICES CHAIR (THRU 6/24) 4.00 X X 0 0 0 SARA THORNDIKE VICE CHAIR 4.00 X X 0 0 0 LISA HEFFERNAN TREASURER 4.00 X X 0 0 0 JANET WORMACK SECRETARY (THRU 10/24) 8.00 X X 0 0 0 LORI WILKIN DIRECTOR AT-LARGE/SECRETARY (AS OF 10/24) 4.00 X X 0 0 0 LAURA HUBBARD IMMEDIATE PAST CHAIR 8.00 X 0 0 0 JOHN COPPOLA DIRECTOR AT-LARGE 4.00 X 0 0 0 DAVID ENGLISH DIRECTOR AT-LARGE 4.00 X 0 0 0 TERI GUARNACCIA DIRECTOR AT-LARGE 4.00 X 0 0 0 WILLIAM GUERRERO DIRECTOR AT-LARGE 4.00 X 0 0 0 RENE STEWART O'NEAL DIRECTOR AT-LARGE 4.00 X 0 0 0 EDWARD STEINMETZ DIRECTOR AT-LARGE 4.00 X 0 0 0 BRYAN SWARTHOUT DIRECTOR AT-LARGE 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 321672 1 ANNUAL MEETING 611430 532750 532750 SPONSORSHIPS 900099 300500 300500 ANNUAL EDU. WORKSHOP 611430 187313 187313 MEMBERSHIP DUES 900099 169272 169272 1189835 21190 21190 JOB POSTINGS 541900 5430 5430 5430 1216455 1189835 0 26620 337923 225171 112752 25395 25395 27238 19148 8090 38208 17100 21108 65471 60562 4909 882622 871354 11268 OTHER EXPENSES 14429 8415 6014 MEMBERSHIP FEES 10714 2420 8294 1402000 1204170 197830 0 87284 97763 104802 84037 15095 600 71535 23517 30446 30446 0 0 797030 759654 1075746 965571 13192 15254 100678 103318 113870 118572 X 944266 828453 17610 18546 961876 846999 1075746 965571 -185545 70668 0 X X 0 1 X 1 0 X 304652 212081 1232155 987083 1189835 3925806 304652 212081 1232155 987083 1189835 3925806 0 28500 24956 70196 62180 185832 28500 24956 70196 62180 185832 3739974 20126 22362 25205 23357 21190 112240 5162 4300 19887 29349 25288 26662 45092 23357 21190 141589 2942 2942 5430 11314 329940 241685 1277247 1013382 1216455 4078709 0.91700 0.92070 0.03470 0.03650 X 17611 1935 18546 15272 2340 17611 18281 -3009 15272 16470 1811 18281 14442 2028 16470 0.00000 0.53920 0.46080 0 0 30446 30446 0 0 1287123 70668 70668 1216455 0 1216455 1402000 0 1402000 0 1402000 PART V, LINE 4: ENDOWMENT FUNDS ARE HELD TO FUND A DISTINGUISHED SERVICE AWARD. FORM 990, PART VI, SECTION A, LINE 1A 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. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.