2023-11-15T16:30:39-06:00 2022-12-31 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2022-01-01 941007751 CALIFORNIA ALUMNI ASSOCIATION CALI 5109008225 1 ALUMNI HOUSE UC BERKELEY BERKELEY CA 94720 MONISHA MERCHANT CHIEF FINANCIAL OFFICER 5109008225 2023-11-15 1 MONISHA MERCHANT 999009999 1 MICHAEL LUMSDEN P01262236 4159561500 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUSIE COHEN CRUMPLER 1 ALUMNI HOUSE UC BERKELEY BERKELEY CA 94720 16370746 0 X WWW.ALUMNI.BERKELEY.EDU X 1872 CA TO CULTIVATE A LIFELONG RELATIONSHIP WITH OUR ALMA MATER BY CONNECTING AND INSPIRING ALUMNI, STUDENTS, AND THE CAMPUS COMMUNITY THROUGH MEANINGFUL AND INCLUSIVE OPPORTUNITIES. WE FOSTER A CULTURE THAT CELEBRATES DIVERSITY, CREATES A SENSE OF BELONGING, AND ADVANCES EQUITY. 15 15 276 3500 53393 0 2808250 1599819 5365040 8985446 4925486 1898917 938366 726196 14037142 13210378 198745 113977 0 0 7326703 7587005 0 0 178008 5406512 7229091 12931960 14930073 1105182 -1719695 38249351 30770344 10349819 8927828 27899532 21842516 X TO CULTIVATE A LIFELONG RELATIONSHIP WITH OUR ALMA MATER BY CONNECTING AND INSPIRING ALUMNI, STUDENTS, AND THE CAMPUS COMMUNITY THROUGH MEANINGFUL AND INCLUSIVE OPPORTUNITIES. WE FOSTER A CULTURE THAT CELEBRATES DIVERSITY, CREATES A SENSE OF BELONGING, AND ADVANCES EQUITY. 0 0 4874422 0 5548565 CAL ALUMNI ASSOCIATION (CAA) OWNS AND OPERATES THREE CAMP SITES ON U.S. FOREST SERVICE LEASED LAND IN THE STANISLAUS NATIONAL FOREST IN PINECREST, CA. KNOWN AS LAIR OF THE BEAR (LAIR), CAA PROVIDES YEAR-ROUND, REASONABLY PRICED CAMPING ACCOMMODATIONS, FOOD, AND PROGRAMS TO CAA MEMBERS AND THEIR FRIENDS AND FAMILY. IN ADDITION, K-12 SCHOOL DISTRICTS AND OTHER GROUPS BOOK THE LAIR FOR EDUCATIONAL AND SPECIAL EVENT PURPOSES. OVER 10,000 INDIVIDUALS ENJOY THESE FACILITIES ON AN ANNUAL BASIS. 971725 0 53393 CALIFORNIA MAGAZINE IS PUBLISHED ON A QUARTERLY BASIS AND MAILED TO ALL MEMBERS OF THE ASSOCIATION TO KEEP ALUMNI IN TOUCH WITH FELLOW MEMBERS AND WITH THE UNIVERSITY. THE MAGAZINE PROVIDES MEMBERS WITH UNIVERSITY NEWS ITEMS, TOPICAL ISSUES, DISCOVERIES, AND ALUMNI EVENTS. 2357798 0 3051328 ALUMNI PROGRAMMING INCLUDES: MEMBER SERVICES AND BENEFITS, CAREER NETWORKING AND SEMINARS, ON- AND OFF-CAMPUS SPECIAL EVENTS, DOMESTIC AND INTERNATIONAL STUDY PROGRAMS THROUGH CAL DISCOVERIES TRAVEL, AND PARTICIPATION IN VOLUNTEER-LED ALUMNI CHAPTERS. 2632672 113977 332160 CAA ADMINISTERS A MENTORSHIP PROGRAM AND TWO SCHOLARSHIP PROGRAMS CREATED BY CAL ALUMNI TO ENABLE STUDENTS TO ENGAGE WITH ALUMNI: THE LEADERSHIP AWARD AND THE ACHIEVEMENT AWARD PROGRAM. PROGRAMS AND ACTIVITIES INCLUDE THE APPLICATION REVIEW AND AWARDING OF SCHOLARSHIPS, ADVISING AND PROGRAM SUPPORT FOR UNDERGRADUATES, AND AN ALUMNI MENTORSHIP PROGRAM FOR FIRST GENERATION COLLEGE STUDENTS. 2632672 113977 332160 10836617 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 102 0 1 276 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X MONISHA MERCHANT 5109008225 1 ALUMNI HOUSE UC BERKELEY BERKELEY CA 94720 ALFONSO SALAZAR PRESIDENT 1.00 X X 0 0 0 DEMETRIOS BOUTRIS VICE PRESIDENT 1.00 X X 0 0 0 ANNE CHAMBERS VP FINANCE (THRU 6/2022) 1.00 X X 0 0 0 JOHN PALMER VP FINANCE (START 6/2022) 1.00 X X 0 0 0 AHMAD ANDERSON DIRECTOR 1.00 X 0 0 0 MORRIS MO BUDAK DIRECTOR 1.00 X 0 0 0 LESLY CASTRO DIRECTOR 1.00 X 0 0 0 ALLARD CHU DIRECTOR (THRU 6/2022) 1.00 X 0 0 0 DEIRDRE HENRY DIRECTOR 1.00 X 0 0 0 JUSTIN HOGENAUER DIRECTOR (THRU 6/2022) 1.00 X 0 0 0 TALIA KENNEDY DIRECTOR 1.00 X 0 0 0 AMANDA POUCHOT DIRECTOR 1.00 X 0 0 0 MARSHA ROBERTS DIRECTOR 1.00 X 0 0 0 MARC SINGER DIRECTOR 1.00 X 0 0 0 BOB SPROUL DIRECTOR 1.00 X 0 0 0 AMY TONG DIRECTOR 1.00 X 0 0 0 KIRK TRAMBLE DIRECTOR 1.00 X 0 0 0 ART B WONG DIRECTOR 1.00 X 0 0 0 SUSIE COHEN CRUMPLER EXECUTIVE DIRECTOR 37.50 X 305477 0 27268 ANJEANNETTE SCHNETZ CHIEF OF STAFF / SECRETARY 37.50 X 126354 0 22913 MONISHA MERCHANT CFO (START 8/2022) 37.50 X 53671 0 4160 ANN TRUONG CFO (THRU 1/2022) 37.50 X 44391 0 1905 MATT TERWILLIGER CHIEF REVENUE OFFICER 37.50 X 224568 0 30249 JENNY ROBLES SENIOR DIRECTOR OF HUMAN RESOURCES 37.50 X 141744 0 23442 MICHAEL YALEY GENERAL MANAGER PINECREST OPERATIONS 37.50 X 143616 0 1074 PATRICK JOSEPH EDITOR-IN-CHIEF 37.50 X 111485 0 29163 PIERRE-ALAIN SEGUREL SENIOR DIRECTOR OF INFORMATION TECH 37.50 X 126483 0 9764 JOANNA AGUIAR SENIOR PROGRAM OPERATING OFFICER 37.50 X 102253 0 1856 1380042 0 151794 8 0 1 0 SIERRA PROPERTY MAINTENANCE 17500 ROUTE 5 ROAD SONORA CA 95370 CONSTRUCTION SERVICES 819256 QUADGRAPHICS INC PO BOX 644840 PITTSBURGH PA 15264 PRINTING SERVICES 444711 SURVIVAL CPR AND FIRST AID LLC 9025 OLD REDWOOD HWY SUITE C WINDSOR CA 95492 SURVIVAL, CPR, AND FIRST AID SERVICES 135788 3 489369 1110450 22389 1599819 LAIR OF THE GOLDEN BEAR CAMP REV 531390 5548565 5548565 TRAVEL PROGRAM 561520 1752708 1752708 MEMBERSHIP DUES 813410 1298620 1298620 OTHER OPERATING REVENUE 900099 332160 332160 PUBLICATIONS/ADVERTISING 541800 53393 53393 8985446 356099 356099 726196 726196 4703186 3160368 1542818 1542818 1542818 13210378 8932053 53393 2625113 113977 113977 840955 229335 519589 92031 5128276 3577628 1537428 13220 136048 90183 44138 1727 1044600 696750 337212 10638 437126 280859 149076 7191 18077 18077 34953 34953 84991 84991 1180624 791913 388461 250 25940 7253 18687 962343 870184 68143 24016 20510 2506 18004 609955 453163 156652 140 51469 38000 13469 96958 70478 26480 245822 245822 630604 567544 63060 354238 342920 11318 PROGRAM EXPENSES 2370205 2306179 50383 13643 REPAIRS AND MAINTENANCE 186810 168570 18240 BOND ISSUANCE COSTS 4883 4883 350709 229175 106382 15152 14930073 10836617 3915448 178008 472708 688259 1530585 1556663 143145 143145 555461 617220 1356255 1334810 154360 75054 20262795 11205791 8690380 9057004 22949250 15757027 1748180 1541162 649027 0 38249351 30770344 942890 1106902 1864336 1675158 5179551 4884435 219632 215491 147905 144544 1995505 901298 10349819 8927828 X 19172849 15036561 8726683 6805955 27899532 21842516 38249351 30770344 X -1719695 -4781848 444527 X 0 1 X 1 0 X 2606421 3324967 3129322 2808250 1599819 13468779 9384938 9961743 1733170 5268016 8932053 35279920 11991359 13286710 4862492 8076266 10531872 48748699 14690 5200 31032 17268 68190 0 14690 5200 31032 17268 68190 48680509 2288365 2237689 1661074 1810536 1082295 9079959 42690 54375 97065 2331055 2292064 1661074 1810536 1082295 9177024 889276 404845 1294121 14322414 16468050 6928411 9886802 11614167 59219844 0.82200 0.80990 0.15500 0.16760 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2019 AMOUNT: $ 889,276. 2020 AMOUNT: $ 404,845. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 179485 5251 5251 179485 149485 30000 9196 9196 179485 149485 9002 9002 149485 149485 10090 10090 149485 1857722 -1666002 -25966 16269 149485 0.00000 1.00000 0.00000 0 0 12605703 6056829 6548874 3882488 3130000 752488 1280192 1156280 123912 2494412 862682 1631730 9057004 FIXED INCOME SECURITIES - FIXED INCOME TRUST FUND 162205 F UNIVERSITY OF CALIFORNIA GENERAL ENDOWMENT POOL - GEP SHARES 1378957 F 1541162 DERIVATIVE FINANCIAL INSTRUMENT LIABILITY 292485 LIABILITY FOR PENSION BENEFITS 604333 DEFERRED RENT 4480 901298 X 9265066 -4781848 477000 444527 -3860321 13125387 84991 84991 13210378 15322082 477000 477000 14845082 84991 84991 14930073 PART IV, LINE 2B: THE CALIFORNIA ALUMNI ASSOCIATION IS THE CUSTODIAL AGENT OF FUNDS FOR CAMPUS GROUPS AND ALUMNI CHAPTERS. THE ORGANIZATION IS OBLIGATED TO HOLD THE FUNDS IN THEIR BANK ACCOUNT FOR DISTRIBUTION UPON REQUEST. PART V, LINE 4: THE ASSOCIATION'S ENDOWMENT FUNDS CONSIST OF FUNDS WHOSE CORPUS IS TO REMAIN INTACT AND INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ASSOCIATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED TERM. THE INCOME FROM THE ENDOWMENT FUNDS ARE EXPENDED TO SUPPORT PROGRAM SERVICES OR SUPPORTING SERVICES, IN ALIGNMENT WITH THE ASSOCIATION'S ENDOWMENT SPENDING POLICY. PART X, LINE 2: THE ASSOCIATION FOLLOWS THE GUIDANCE FOR UNCERTAIN TAX POSITIONS AND REVIEWS AND ASSESSES TAX POSITIONS TAKEN AND EXPECTED TO BE TAKEN AGAINST THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTES FOR FINANCIAL STATEMENT RECOGNITION. MANAGEMENT HAS CONCLUDED THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 AND 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON DERIVATIVE FINANCIAL INSTRUMENT 634,895. CHANGE IN PENSION LIABILITY -190,368. 1 TUNCER SCHOLARS 48 113977 PART I, LINE 2: THE ORGANIZATION ONLY GRANTS INDIVIDUAL SCHOLARSHIPS, WHICH ARE PROVIDED TO UC BERKELEY STUDENTS WHO ARE SELECTED ON CERTAIN CRITERIA DEPENDENT ON TYPE OF SCHOLARSHIP BEING GRANTED. SCHOLARSHIPS ARE AWARDED ON A YEARLY BASIS, CONTINGENT ON THE STUDENT'S ENROLLMENT AT UC BERKELEY. THE ORGANIZATION ALSO GRANTS NEED BASED NON-RENEWABLE EMERGENCY GRANTS TO COVER SCHOLARS' EXPENSES RELATED TO EDUCATION. AWARDING THESE GRANTS IS CONTINGENT ON THE STUDENTS' ENROLLMENT IN UC BERKELEY, DEMONSTRATED EMERGENCY NEED, AND AN EXHAUSTION OF THE FINANCIAL AID COUNSELING OPTIONS PROVIDED BY UC BERKELEY. 1 X X X X 0 0 0 0 0 0 0 0 0 SUSIE COHEN CRUMPLER EXECUTIVE DIRECTOR 304670 0 0 0 807 0 2250 0 25018 0 332745 0 0 0 MATT TERWILLIGER CHIEF REVENUE OFFICER 224298 0 0 0 270 0 1709 0 28540 0 254817 0 0 0 JENNY ROBLES SENIOR DIRECTOR OF HUMAN RESOURCES 141313 0 0 0 431 0 1093 0 22349 0 165186 0 0 0 A ABAG FINANCE AUTHORITY FOR NON-PROFIT ORGANIZATIONS 943130123 00037CGM6 2004-12-21 8300000 CONSTRUCTION OF SUMMER CAMP FACILITY 0 0 0 A 3230000 8300000 207049 8092051 2009 0 0 1 1 A 0 0 1 1 0 0.02000 0.00000 0.02000 0 0 1 A 0 0 0 1 1 1 BANK OF AMERICA 30.000000000000 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: ABAG FINANCE AUTHORITY FOR NON-PROFIT ORGANIZATIONS DATE THE REBATE COMPUTATION WAS PERFORMED: 12/21/2019 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THREE CLASSIFICATIONS OF MEMBERS: 1. ANNUAL MEMBERS (MEMBERS PAYING DUES ON AN ANNUAL BASIS) 2. PAYING LIFE MEMBERS (MEMBERS MAKING INSTALLMENT PAYMENTS ON LIFE MEMBERSHIP) 3. LIFE MEMBERS (MEMBERS WHO ARE FULLY PAID OR RECEIVED COMPLIMENTARY LIFE MEMBERSHIP) THE FOLLOWING PERSONS ARE ELIGIBLE TO BECOME MEMBERS OF THE ORGANIZATION: (I) ANY PERSON WHO HAS BEEN AWARDED A DEGREE FROM ANY UNIVERSITY OF CALIFORNIA CAMPUS, (II) ANY PERSON WHO HAS ATTENDED ANY UNIVERSITY OF CALIFORNIA CAMPUS AS A STUDENT FOR AT LEAST ONE QUARTER, ONE SEMESTER, OR HAS ACCUMULATED TWELVE (12) OR MORE UNITS OF CREDIT FROM ANY UNIVERSITY OF CALIFORNIA AND/OR UNIVERSITY EXTENSION CAMPUS; (III) A CURRENT OR FORMER FACULTY OR STAFF MEMBER OF THE ORGANIZATION OR ANY UNIVERSITY OF CALIFORNIA CAMPUS; (IV) ANY PERSON WHO HAS DEMONSTRATED AN INTEREST IN BENEFITS OR PROGRAMS OF THE ORGANIZATION OR THE UNIVERSITY OF CALIFORNIA; AND (V) ANY PERSON WHO HAS RENDERED OUTSTANDING SERVICE TO THE ORGANIZATION OR THE UNIVERSITY OF CALIFORNIA. FORM 990, PART VI, SECTION A, LINE 7A NEW MEMBERS OF THE BOARD OF DIRECTORS ARE NOMINATED BY THE NOMINATING COMMITTEE OF THE BOARD OF DIRECTORS. ANNOUNCEMENTS OF SUCH NOMINATIONS ARE MADE IN THE NEXT ISSUE OF CALIFORNIA MAGAZINE. ADDITIONALLY, ANY GROUP OF 100 MEMBERS OF THE ORGANIZATION IN GOOD STANDING MAY, BY WRITTEN PETITION, NOMINATE A FULL OR PARTIAL TICKET IF SAID WRITTEN PETITION IS FILED WITH THE SECRETARY WITHIN A PERIOD OF 30 DAYS AFTER THE PUBLISHED REPORT OF THE NOMINATING COMMITTEE. IF NO SUCH PETITION HAS BEEN FILED WITH THE SECRETARY, THEN THE NOMINEES OF THE NOMINATING COMMITTEE, AS APPROVED BY THE BOARD, SHALL BE DECLARED DULY ELECTED. IF SUCH PETITION IS FILED, THEN AN ELECTION BY WRITTEN BALLOT SHALL BE HELD FOR THE CONTESTED POSITION OR POSITIONS. FORM 990, PART VI, SECTION A, LINE 7B FIXING OR CHANGING THE NUMBER OF DIRECTORS OR OFFICERS MAY NOT BE ADOPTED, AMENDED, OR REPEALED WITHOUT THE VOTE OR WRITTEN ASSENT OF A MAJORITY OF THE MEMBERS OF THE CORPORATION, OR THE MAJORITY VOTE OF THE MEMBERS PRESENT AT A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE AND ACCOUNTING STAFF. A DRAFT FORM 990 IS REVIEWED BY THE ORGANIZATION'S CFO; ANY ADJUSTMENTS ARE MADE, AS NECESSARY. THE FORM 990 IS THEN REVIEWED WITH THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS, AND DISTRIBUTED TO THE ENTIRE BOARD THEREAFTER, PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST ANNUALLY. IN ADDITION, A VENDOR CHECK IS DONE ANNUALLY TO CAPTURE ANY POTENTIAL CONFLICT OF INTEREST. IN THE EVENT A CONFLICT OF INTEREST EXISTS, THE PERSONS INVOLVED ARE REQUIRED TO RECUSE THEMSELVES FROM MAKING ANY DECISION ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTOR AND SENIOR MANAGEMENT TEAM MEMBERS IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE. THE COMMITTEE USES COMPENSATION SURVEYS, STUDIES, AND/OR FORM 990 INFORMATION FROM OTHER ORGANIZATIONS IN MAKING THEIR DECISION. SUBSTANTIATION OF THE DELIBERATION AND DECISION IS DOCUMENTED IN THE COMMITTEE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN ON DERIVATIVE FINANCIAL INSTRUMENT 634,895. CHANGE IN PENSION LIABILITY -190,368.