2026-02-06T15:06:16-06:00 2024-06-30 561750124 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2023-07-01 566001394 THE UNIVERSITY OF NORTH CAROLINA PRESS INC UNIV 9199663561 116 S BOUNDARY STREET CHAPEL HILL NC 27514 MOLLY KOECHER CHIEF FINANCIAL OFFICER 9199663561 2026-02-06 1 1 JARED L PILAND P01326291 9197878212 2023 2025-03-06 01:10:19Z MOLLY KOECHER 116 S BOUNDARY STREET CHAPEL HILL NC 27514 9079546 0 X WWW.UNCPRESS.ORG X 1922 NC TO PROMOTE THE ADVANCEMENT OF ARTS AND SCIENCES AND DEVELOPMENT OF LITERATURE THROUGH THE PUBLISHING OF DESERVING WORKS. 18 18 60 33 0 0 3386817 1354898 511348 303011 1382 52662 3447224 3094499 7346771 4805070 134160 157436 0 0 4073223 4168069 0 0 18108 1922700 2214253 6130083 6539758 1216688 -1734688 45052499 47809031 1929066 1950243 43123433 45858788 TO PROMOTE THE ADVANCEMENT OF THE ARTS AND SCIENCES AND THE DEVELOPMENT OF LITERATURE THROUGH THE PUBLISHING OF BOOKS, JOURNALS, AND OTHER FORMS OF PUBLICATIONS IN ALL MEDIA. 0 0 4886605 157436 3397510 PUBLISHING OF SCHOLARLY BOOKS TO PROMOTE THE ADVANCEMENT OF ARTS AND SCIENCES. 4886605 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 1 1 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1310 0 1 60 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MOLLY KOECHER 9199663561 116 S BOUNDARY STREET CHAPEL HILL NC 27514 LISA LEVENSTEIN CHAIR 2.00 1.00 X X 0 0 0 TIMOTHY J SMITH VICE CHAIR 2.00 0.00 X X 0 0 0 MANALI BETTENDORF EX-OFFICO 2.00 0.00 X 0 0 0 MATTHEW MORSE BOOKER MEMBER 2.00 0.00 X 0 0 0 ANITA BROWN-GRAHAM MEMBER 2.00 0.00 X 0 0 0 ELIZABETH ENGELHARDT MEMBER 2.00 0.00 X 0 0 0 DAVID ENGLISH EX-OFFICO 2.00 0.00 X 0 0 0 MARIA R ESTORINO EX-OFFICO 2.00 0.00 X 0 0 0 LINDA KAY HANLEY-BOWDOIN MEMBER 2.00 0.00 X 0 0 0 JERMA JACKSON MEMBER 2.00 0.00 X 0 0 0 OSAMUDIA JAMES MEMBER 2.00 0.00 X 0 0 0 BLAIR L M KELLEY MEMBER 2.00 0.00 X 0 0 0 ANGELA K MILES MEMBER 2.00 1.00 X 0 0 0 JOHN O'HARA MEMBER 2.00 1.00 X 0 0 0 JOHN SHERER DIRECTOR 39.00 1.00 X X 236259 0 52107 KIMBERLY SMITH MEMBER 2.00 0.00 X 0 0 0 VINCAS STEPONAITIS MEMBER 2.00 0.00 X 0 0 0 RANDALL STYERS MEMBER 2.00 0.00 X 0 0 0 CARLTON E WILSON MEMBER 2.00 0.00 X 0 0 0 MICHAEL GRAVES CHIEF FINANCIAL OFFICER 39.00 1.00 X X 165000 0 26911 JOHN MCLEOD CHIEF OPERATING OFFICER 40.00 0.00 X 115522 0 31872 SOMMERVILLE ADELE CHIEF HUMAN RESOURCES OFFICER 39.00 1.00 X 113133 0 27448 DINO BATTISTA DIRECTOR OF MARKETING 40.00 0.00 X 132722 0 35432 DAWN DURANTE EDITORIAL DIRECTOR 40.00 0.00 X 106080 0 27151 DEBBIE GERSHENOWITZ EXECUTIVE EDITOR 40.00 0.00 X 119967 0 30862 MARK SIMPSON-VOS SENIOR EXECUTIVE DIRECTOR 40.00 0.00 X 119783 0 32235 JOANNA R MARSLAND DIRECTOR OF DEVELOPMENT 40.00 0.00 X 117705 0 29800 1226171 0 293818 9 0 1 0 LONGLEAF SERVICES INC 116 S BOUNDARY STREET CHAPEL HILL NC 27514 FULFILLMENT SERVICES 1208530 VERSA PRESS INC 1465 SPRING BAY ROAD EAST PEORIA IL 616119788 PRINTING SERVICES 222689 2 86000 487100 781798 271261 1354898 FEES FROM SERVICES 513130 303011 303011 303011 52954 52954 1835047 1835339 -292 -292 -292 5489168 2439137 3050031 3050031 OTHER INCOME 900099 44468 44468 44468 4805070 3397510 0 52662 X 157436 157436 785341 785341 2426431 2214254 212177 492473 443909 48564 243699 218737 24962 220125 163057 57068 34238 34238 139493 139493 62836 43763 19073 387316 387316 130255 94718 35537 43674 43674 49910 49910 98736 82009 16727 38130 38130 34060 34060 FULFILLMENT SERVICES FE 475911 475911 0 0 READING/EDITORIAL/DESIG 351763 351763 0 0 FREELANCE DESIGN/COPY E 117537 117537 0 0 EXHIBITS 67845 67845 0 0 182549 68350 96091 18108 6539758 4886605 1635045 18108 2897241 543544 411382 0 853460 779273 672685 881341 1412954 1262376 135155 150578 796103 2704384 37380573 41214882 1905900 1535029 45052499 47809031 493531 398239 340485 165507 1095050 1386497 1929066 1950243 X 7671027 7120856 35452406 38737932 43123433 45858788 45052499 47809031 X -1734688 4745432 -275389 X 0 1 X 1 0 X 1958992 1718448 1563976 3386817 1354898 9983131 1958992 1718448 1563976 3386817 1354898 9983131 3116957 6866174 16967 5115 37916 35688 52594 148280 5517 1626 138915 179875 44468 370401 10501812 34305219 0.65380 0.59970 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME/EXPENSE - 2019 AMOUNT: $ 5,517. 2020 AMOUNT: $ 1,626. 2021 AMOUNT: $ 138,915. 2022 AMOUNT: $ -18,984. 2023 AMOUNT: $ 44,468. BAD DEBT RECOVERY - 2022 AMOUNT: $ 198,859. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35452406 524880 4330467 1569821 38737932 34507795 2639880 -150823 1544446 35452406 33590559 688183 1367053 1138000 34507795 23350875 726206 9813478 300000 33590559 23127552 608823 514500 900000 23350875 0.35700 0.64300 1 0 743720 669460 74260 210246 187482 22764 458988 405434 53554 150578 UNC INVESTMENT FUND 41214882 F 41214882 SUBSIDIES ON UNCOMPLETED BOOKS 77037 DUE TO UNIVERSITY PERIODICALS 170601 ROYALTIES & COMMISSIONS PAYABLE 874367 ACCRUED VACATION 264492 1386497 X 8934421 4745432 -275389 4470043 4464378 139493 201199 340692 4805070 6199066 0 6199066 139493 201199 340692 6539758 PART V, LINE 4: THE BOARD'S CURRENT GENERAL SPENDING POLICY IS TO DISTRIBUTE AN AMOUNT EQUAL TO 5% OF THE AVERAGE MARKET VALUE FOR THE 12 QUARTERS ENDING MARCH 31 JUST PRIOR TO THE BEGINNING OF THE FISCAL YEAR. THIS SPENDING POLICY IS CONSISTENT WITH THE AVERAGE LONG-TERM RETURN EXPECTATION, PROVIDING ONGOING SUPPORT OF DONORS' CHARITABLE INTERESTS AND ADDITIONAL GROWTH TO THE ENDOWMENT FUNDS. APPROPRIATIONS FROM ENDOWMENT FUNDS ARE APPROVED BY THE PRESS' BOARD OF GOVERNORS. PART X, LINE 2: THE PRESS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE PRESS IS ALSO GENERALLY EXEMPT FROM STATE INCOME TAXES UNDER THE PROVISIONS OF THE NORTH CAROLINA NONPROFIT CORPORATION ACT. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE PRESS' TAX POSITIONS AND CONCLUDED THE PRESS HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB ASC. PART XI, LINE 2D - OTHER ADJUSTMENTS: EQUITY IN INCOME - LONGLEAF SERVICES, INC. -275,389. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT TO LONGLEAF SERVICES, INC. 157,436. SUBSIDIARY RIGHTS 3,797. COMMISSIONS 39,966. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT TO LONGLEAF SERVICES, INC. 157,436. SUBSIDIARY RIGHTS 3,797. COMMISSIONS 39,966. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES CONSIGNMENT SALES EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES CONSIGNMENT SALES EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES CONSIGNMENT SALES MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES CONSIGNMENT SALES NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES CONSIGNMENT SALES SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES CONSIGNMENT SALES SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES CONSIGNMENT SALES 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 LONGLEAF SERVICES INC 116 S BOUNDARY STREET CHAPEL HILL NC 27514 743155150 501(C)(3) 157436 0 SUPPORT 1 PART I, LINE 2: UNC PRESS ENSURES THAT LONGLEAF SERVICES USES GRANT FUNDS TO FURTHER UNC PRESS' EXEMPT PURPOSE, SUPPORTING THE UNIVERSITY OF NORTH CAROLINA SYSTEMS. X X X 0 0 0 0 0 0 0 0 0 JOHN SHERER DIRECTOR 236009 0 250 0 0 0 44998 0 7109 0 288366 0 0 0 MICHAEL GRAVES CHIEF FINANCIAL OFFICER 160000 0 5000 0 0 0 26911 0 0 0 191911 0 0 0 DINO BATTISTA DIRECTOR OF MARKETING 132322 0 400 0 0 0 28323 0 7109 0 168154 0 0 0 MARK SIMPSON-VOS SENIOR EXECUTIVE DIRECTOR 119033 0 750 0 0 0 25126 0 7109 0 152018 0 0 0 DEBBIE GERSHENOWITZ EXECUTIVE EDITOR 119967 0 0 0 0 0 26678 0 4184 0 150829 0 0 0 X 5 270011 FAIR MARKET VALUE X CATERED EVENT COSTS 1 1250 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE UNIVERSITY OF NORTH CAROLINA SYSTEM HAS THE POWER TO ELECT MEMBERS OF THE BOARD OF UNC PRESS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE DIRECTOR AND THE CFO. IT IS MADE AVAILABLE TO THE BOARD'S FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS IN THE STAFF HANDBOOK AND ANY CONFLICTS ARE REPORTED ACCORDINGLY. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE ASKED ANNUALLY TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL SALARIES ARE REVIEWED WITH ANNUAL SALARY STATISTICS PROVIDED BY THE ASSOCIATION OF AMERICAN UNIVERSITY PRESSES. THE UNC PRESS COMPENSATION COMMITTEE MEETS ANUALLY IN EXECUTIVE SESSION TO DISCUSS AND REVIEW THE PERFORMANCE AND SALARY OF THE DIRECTOR. THE DIRECTOR'S SALARY IS SET BASED ON COMPARATIVE SALARY DATA PROVIDED BY THE ASSOCIATION OF AMERICAN UNIVERSITY PRESSES. THE DELIBERATIONS AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED AS WELL. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART IX, LINE 11G CONSULTING & PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 19,073. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,073. SUBSIDIARY RIGHTS: PROGRAM SERVICE EXPENSES 3,797. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,797. COMMISSIONS: PROGRAM SERVICE EXPENSES 39,966. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,966. FORM 990, PART XI, LINE 9: EQUITY IN INCOME FROM LONGLEAF SERVICES, INC. -275,389. LONGLEAF SERVICES INC 116 S BOUNDARY STREET CHAPEL HILL NC 27514 743155150 FULFILLMENT SERVICES NC 501(C)(3) LINE 12A, I UNC PRESS INC 1 UNIVERSITY OF NORTH CAROLINA SYSTEMS CB9000 PO BOX 2688 CHAPEL HILL NC 275152688 566172047 GOVERNING BODY OF THE PUBLIC UNIVERSITY SYSTEM OF NORTH CAROLINA NC 501(C)(3) N/A 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 LONGLEAF SERVICES INC B 157436 PAYMENTS PER RECORDS UNC-CHAPEL HILL C 86000 PAYMENTS PER RECORDS LONGLEAF SERVICES INC J 650650 PAYMENTS PER RECORDS LONGLEAF SERVICES INC P 475911 PAYMENTS PER RECORDS