2024-11-15T16:23:20-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2023-01-01 020669448 COWBOY ATHLETICS INC COWB 4057442788 220 ATHLETICS CENTER STILLWATER OK 74078 CHAD WEIBERG PRESIDENT 4057442788 2024-11-14 1 1 SARAH HINTZ P00492291 3037795710 2024-11-13 2023 2024-10-15 13:58:12Z CHAD WEIBERG 220 ATHLETICS CENTER STILLWATER OK 74078 22614867 0 X N/A X 2002 OK TO SUPPORT OKLAHOMA STATE UNIVERSITY ATHLETICS. 7 5 366 200 3703744 0 12296788 13378885 8670812 8236272 -65663 33542 413707 442449 21315644 22091148 3586816 0 0 0 3301416 3447362 0 0 0 5920145 6808224 12808377 10255586 8507267 11835562 44747066 58344340 848247 2638964 43898819 55705376 X TO SUPPORT FIRST THE ENTIRE DEPARTMENT OF INTERCOLLEGIATE ATHLETICS AT OKLAHOMA STATE UNIVERSITY AND SECOND OTHER EDUCATIONAL PROGRAMS AT OSU. [CONTINUED ON SCHEDULE O] THE MISSION OF THE FOLLOWING THREE WHOLLY OWNED LIMITED LIABILITY COMPANIES ARE AS FOLLOWS:OSU COWBOY GOLF, LLC WAS FORMED PRIMARILY TO SUPPORT THE OKLAHOMA STATE UNIVERSITY MEN'S AND WOMEN'S GOLF TEAMS.COWBOY ATHLETIC FACILITIES, LLC WAS FORMED TO OVERSEE CONSTRUCTION ACTIVITIES WITH RESPECT TO IMPROVEMENTS BEING MADE ON REAL PROPERTY OWNED BY ATHLETES AND OTHERS ASSOCIATED WITH OKLAHOMA STATE UNIVERSITY.OSU COWBOY DINING, LLC FORMED TO PROVIDE FOOD SERVICES TO THE STUDENT ATHLETES AND OTHERS ASSOCIATED WITH OKLAHOMA STATE UNIVERSITY. 0 1 8472848 0 340718 COWBOY ATHLETICS, INC. (CAI) PROVIDES SUPPORT TO THE ENTIRE DEPARTMENT OF INTERCOLLEGIATE ATHLETICS AT OKLAHOMA STATE UNIVERSITY (OSU). CAI ALSO PROVIDES SUPPORT TO OTHER EDUCATIONAL PROGRAMS AT OSU. THESE FUNDS ARE PROVIDED THROUGH GRANTS AND CAPITAL ASSET TRANSFERS. COWBOY ATHLETIC FACILITIES, LLC, A RELATED ORGANIZATION, IS ORGANIZED TO CONDUCT CONSTRUCTION ACTIVITIES FOR THE BENEFIT OF THE UNIVERSITY. 305338 0 4458847 OSU COWBOY DINING, LLC IS ORGANIZED TO PROVIDE DINING SERVICES FOR THE UNIVERSITY'S ATHLETIC DEPARTMENT, ITS STUDENTS, AND OTHERS ASSOCIATED WITH THE UNIVERSITY, AS WELL AS OTHER EVENTS. 208338 0 153547 OSU COWBOY GOLF, LLC IS ORGANIZED TO OPERATE A GOLF COURSE (KARSTEN CREEK) AND RELATED FACILITIES IN STILLWATER, OKLAHOMA. THE GOLF COURSE IS PRIMARILY UTILIZED AS A TEACHING AND PRACTICE FACILITY BY THE UNIVERSITY'S MEN'S AND WOMEN'S GOLF TEAMS. USE OF THE COURSE IS ALSO OPEN TO GOLF COURSE MEMBERS AND OTHERS BASED ON ESTABLISHED MEMBERSHIP AND USAGE FEE SCHEDULES. 14402 0 21865 CLINICS, CAMPS, TOURNAMENTS, AND OTHER RELATED EVENTS ARE PUT ON BY THE CHEERLEADING PROGRAM AND FOOTBALL PROGRAM. 14402 0 21865 9000926 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 48 0 1 366 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 OK X AARON MILLER 4057442788 220 ATHLETICS CENTER STILLWATER OK 74078 CHAD WEIBERG PRESIDENT 5.00 35.00 X X 0 748464 53088 KYLE WRAY DIRECTOR 3.00 37.00 X 0 384251 44214 JOHN CLERICO DIRECTOR 3.00 0.00 X 0 0 0 RICK COOPER DIRECTOR 3.00 0.00 X 0 0 0 JIM GRIFFITH DIRECTOR 3.00 0.00 X 0 0 0 JOE HALL DIRECTOR 3.00 0.00 X 0 0 0 ROSS MCKNIGHT DIRECTOR 3.00 0.00 X 0 0 0 JASON LEWIS TREASURER/SECRETARY 5.00 35.00 X 0 209919 43766 REID SIGMON VICE PRESIDENT 5.00 35.00 X 0 396630 47601 TRAVIS LEVINGS GOLF COURSE SUPERINTENDENT 45.00 0.00 X 158404 0 11251 BENJAMIN CRAWFORD COWBOY DINING DIRECTOR 45.00 0.00 X 123289 0 12786 281693 1739264 212706 2 0 1 0 HERITAGE LINKS 6707 CYPRESS CREEK PARKWAY HOUSTON TX 77069 CONSTRUCTION 1762283 COMFORTWORKS INC 3826 NEWCASTLE RD OKLAHOMA CITY OK 73119 CONSTRUCTION 1169803 J MIKE HOLDER 1 CHAMPIONS PL STILLWATER OK 74074 CONSULTING 787500 MCDONALD & SONS INC 8009 E OLD JESSUP RD JESSUP MD 20794 CONSTRUCTION 582392 JACKSON MECHANICAL SERVICE INC PO BOX 18824 OKLAHOMA CITY OK 73154 CONSTRUCTION 524739 17 13378885 13378885 FOOD & BEVERAGE 722514 5751932 4458847 1293085 GOLF COURSE REVENUE 713910 2177727 153547 2024180 LODGE REVENUE 721110 284748 284748 CAMPS/CLINICS/TOURN. 711300 21865 21865 8236272 33542 33542 892833 523719 369114 267383 101731 MISC. REVENUE 900099 73335 73335 73335 22091148 4974977 3703744 33542 2936026 2877623 58403 39078 39078 209697 209697 262561 262561 135390 135390 966401 91401 875000 9614 9614 370277 369743 534 69636 69636 217227 217227 185834 185834 8467 8467 677185 677185 285296 261460 23836 FOOD AND BEVERAGE COST 2654662 2654662 CAMPS/EVENTS/TOURN. 339461 339461 REPAIRS AND MAINTENANCE 322266 322266 ITEMS FOR PRO-AM 159868 159868 406640 405011 1629 10255586 9000926 1254660 0 2578929 4414485 1531962 3105008 1106226 1373225 606233 529320 172023 153139 61217570 12506289 38664806 48711281 86887 57882 44747066 58344340 445009 2462688 281872 88206 121366 88070 848247 2638964 X 0 0 0 0 43898819 55705376 43898819 55705376 44747066 58344340 11835562 -29005 0 X X 0 1 X 1 0 X 136504820 14525646 5347583 12296788 13378885 182053722 136504820 14525646 5347583 12296788 13378885 182053722 90680426 91373296 32697 16310 7401 6740 33542 96690 6836 21336 73335 101507 182251919 16780629 0.50140 0.58380 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INCOME FROM EQUITY INVESTMENTS - MISC REVENUE - 2021 AMOUNT: $ 6,836. 2022 AMOUNT: $ 21,336. 2023 AMOUNT: $ 73,335. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6331306 6331306 10491587 4901742 5589845 245024 190221 54803 4494477 3604401 890076 39655176 3809925 35845251 48711281 22577363 -29005 -29005 22606368 -515220 -515220 22091148 10770806 0 10770806 -515220 -515220 10255586 PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -523,719. INTEREST EXPENSE 8,499. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -523,719. INTEREST EXPENSE 8,499. 0 0 0 0 0 0 0 1 0 CHAD WEIBERG PRESIDENT 0 748464 0 0 0 0 0 23100 0 29988 0 801552 0 0 REID SIGMON VICE PRESIDENT 0 396630 0 0 0 0 0 36936 0 10665 0 444231 0 0 KYLE WRAY DIRECTOR 0 384251 0 0 0 0 0 36617 0 7597 0 428465 0 0 JASON LEWIS TREASURER/SECRETARY 0 209919 0 0 0 0 0 25096 0 18670 0 253685 0 0 TRAVIS LEVINGS GOLF COURSE SUPERINTENDENT 148404 0 10000 0 0 0 4627 0 6624 0 169655 0 0 0 PART I, LINE 3 THE BOARD OF OKLAHOMA STATE UNIVERSITY (OSU), A RELATED ORGANIZATION, ESTABLISHES THE COMPENSATION OF THE PRESIDENT AND ALL OTHER EMPLOYEES THAT ARE COMPENSATED BY THE UNIVERSITY. PART I, LINE 7 TRAVIS LEVINGS RECEIVED A $10,000 BONUS IN 2023. THIS WAS A ONE-TIME PERFORMANCE BONUS TO RECOGNIZE HIS CONTRIBUTIONS MAINTAINING THE GOLF COURSE OVER THE PAST 30 YEARS. FORM 990, PART III, LINE 3 OSU COWBOY GOLF LLC TEMPORARILY CLOSED GOLF COURSE OPERATIONS ON OCTOBER 1, 2023 IN ORDER TO RENOVATE THE GOLF COURSE. CURRENT PLANS ARE FOR THE GOLF COURSE TO REOPEN IN MAY 2025. FORM 990, PART VI, SECTION A, LINE 7A OKLAHOMA STATE UNIVERSITY (OSU), A RELATED ORGANIZATION, SELECTS THE FOLLOWING BOARD MEMBERS: -THE DIRECTOR OF INTERCOLLEGIATE ATHLETIC AS OSU SHALL SERVE ON THE BOARD OF CAI, -4 BOARD MEMBERS ARE ELECTED FROM NOMINEES RECOMMENDED BY THE DIRECTOR OF INTERCOLLEGIATE ATHLETICS OF OSU. NOMINEES SHALL BE DONORS TO THE ATHLETIC PROGRAM OF OSU OF MEMBERS OF THE OSU ATHLETIC ASSOCIATES OF THE OSU FOUNDATION, -1 DIRECTOR APPOINTED BY THE BOARD OF REGENTS OF OSU, AND -THE VICE PRESIDENT OF UNIVERSITY RELATIONS OF OSU. FORM 990, PART VI, SECTION A, LINE 8B THE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTANT OF THE ORGANIZATION. A DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED BY APPROPRIATE INTERNAL PERSONNEL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 15 THE OSU BOARD OF REGENTS IS RESPONSIBLE FOR DETERMINING COMPENSATION OF THE CAI PRESIDENT AND TOP MANAGEMENT OFFICIALS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. COWBOY ATHLETIC FACILITIES LLC 220 ATHLETICS CTR STILLWATER OK 74078 020669448 CONSTRUCTION OK 3 27860876 COWBOY ATHLETICS INC OSU COWBOY DINING LLC 220 ATHLETICS CTR STILLWATER OK 74078 371516309 CATERING OK 5243031 2067404 COWBOY ATHLETICS INC OSU COWBOY GOLF LLC 220 ATHLETICS CTR STILLWATER OK 74078 204854188 GOLF COURSE OK 3910809 26024408 COWBOY ATHLETICS INC OKLAHOMA STATE UNIVERSITY 106J WHITEHURST STILLWATER OK 74078 731383996 UNIVERSITY OK N/A 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 OKLAHOMA STATE UNIVERSITY M 210000 AMOUNT PAID OKLAHOMA STATE UNIVERSITY D 431576 AMOUNT OWED