2021-04-14T07:44:56-05:00 2020-05-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2019-06-01 760427292 SOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS INC SOUT 2028612500 1100 VERMONT AVENUE NW NO 800 WASHINGTON DC 20005 JAMES BARNES TREASURER 2028612500 2021-04-12 1 MICHAELA J CROMAR CPA P00895728 8178775000 2021-04-12 2019 2022-09-23 18:48:47Z RUSS HANNAH 1100 VERMONT AVENUE NW NO 800 WASHINGTON DC 20005 586113 0 X WWW.SACUBO.ORG X 1928 TX TO INFORM HIGHER EDUCATION INSTITUTIONS IN THE SOUTHERN U.S. ON ISSUES THAT AFFECT THEM. 19 19 0 100 0 0 206000 157500 803082 406649 31276 21964 0 0 1040358 586113 18000 5000 0 0 66495 96674 0 0 0 970883 545405 1055378 647079 -15020 -60966 1027094 1189087 97885 279889 929209 909198 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 1 73710 203203 ANNUAL CONFERENCE - ANNUAL MEETING OF BUSINESS OFFICERS FOR PURPOSE OF CONTINUING EDUCATION AND MANAGEMENT OF BUSINESS AFFAIRS OF EDUCATIONAL INSTITUTIONS. AS A RESULT OF COVID, SACUBO HOSTED A VIRTUAL CONFERENCE JUNE 16TH THROUGH 24TH TO ADJUST TO THE WAY WE HAD TO CONDUCT BUSINESS TO KEEP EVERYONE SAFE BUT STILL OFFER GREAT SERVICES TO OUR MEMBERS DURING THE PANDEMIC. 169329 5000 145850 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. 71083 0 51738 WOMEN'S LEADERSHIP FORUM - SACUBO HOSTED ITS 5TH ANNUAL WOMEN'S LEADERSHIP FORUM DURING 2020. THIS IS A 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. 62549 5858 OTHER WORKSHOPS - FEE WAIVERS FOR SACUBO TRAINING SESSIONS ARE PROVIDEDTO SOME ATTENDEES BASED ON AN APPLICATION PROCESS. THESE ATTENDEES AREBUSINESS EMPLOYEES OF INSTITUTIONS OF HIGHER EDUCATION. 62549 5858 376671 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X NACUBO 2028612500 1110 VERMONT AVENUE NW SUITE 800 WASHINGTON DC 20005 X RUSS HANNAH PRESIDENT 6.00 X X 0 0 0 SUSAN MADDUX 1ST VICE PRESIDENT 4.00 X X 0 0 0 JOHN CRAWFORD 2ND VICE PRESIDENT 4.00 X X 0 0 0 HORACE CHASE 3RD VICE PRESIDENT 4.00 X X 0 0 0 WILMA PHILLPS PAST PRESIDENT 1.00 X X 0 0 0 JIMMY BARNES TREASURER 4.00 X X 0 0 0 BRENNA DIXON SECRETARY 1.00 X X 0 0 0 DARRELL DUNCAN SPONSORSHIP COORDINATOR 2.00 X 0 0 0 AMY BLACKWELL PROF. DEVELOP. COMMITTEE CO-CHAIR 1.00 X 0 0 0 KEVIN EDELBLUTE PROF. DEVELOP. COMMITTEE CO-CHAIR 1.00 X 0 0 0 SHAWN CHARLES HBCU AND DIVERSITY COORDINATOR 1.00 X 0 0 0 NOEL SLOAN MEMBER AT LARGE 1.00 X 0 0 0 ALICIA CURRIN MEMBER AT LARGE 1.00 X 0 0 0 JEREMY DIGORIO MEMBER AT LARGE 1.00 X 0 0 0 RAYMOND ABRAHAM MEMBER AT LARGE 1.00 X 0 0 0 JAMIE LOFTIN CONSTITUENCY COMMITTEE CHAIR 1.00 X 0 0 0 MYRA GOODWIN CONSTITUENCY COMMITTEE CHAIR 1.00 X 0 0 0 BRETT POWELL CONSTITUENCY COMMITTEE CHAIR 1.00 X 0 0 0 ANITA KOVACS CONSTITUENCY COMMITTEE CHAIR 1.00 X 0 0 0 0 0 0 0 0 0 0 NACUBO 1110 VERMONT AVENUE NW WASHINGTON DC 20005 CONSULTING AND MANAGEMENT SERVICES 414385 DISNEY DESTINATIONS 1000 W BUENA VISTA DRIVE ORLANDO FL 32830 ANNUAL MEETING HOTEL 264476 2 157500 30000 157500 REGISTRATION 611430 203226 203226 MEMBERSHIP DUES 900099 203203 203203 DRIVE IN WORKSHOP 611430 220 220 406649 15549 15549 6415 0 6415 6415 6415 586113 406649 0 21964 5000 5000 96674 96674 180000 117891 62109 16130 16130 45373 40282 5091 6314 999 5315 5606 4327 1279 3631 3631 89993 47953 42040 188982 160219 28763 4067 4067 2361 2361 CREDIT CARD & BANK FEES 2948 2948 647079 376671 270408 0 277418 351410 83318 46263 6420 73188 12100 12100 4067 0 655871 718226 1027094 1189087 51810 44729 46075 235160 97885 279889 X 929209 909198 929209 909198 1027094 1189087 -60966 40955 0 X 0 1 X 1 0 X 177050 174287 355894 206000 157500 1070731 327947 565371 465682 803082 406649 2568731 570330 148303 140300 0 0 858933 1075327 887961 961876 1009082 564149 4498395 75000 66000 75000 216000 0 75000 66000 75000 216000 4282395 7963 10767 11616 14603 15549 60498 7963 10767 11616 14603 15549 60498 7060 7060 1090350 898728 973492 1023685 579698 4565953 0.93790 0.91330 0.01320 0.01110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12100 12100 0 0 X 629068 40955 2000 42955 586113 0 586113 649079 2000 2000 647079 0 647079 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, 2020 AND 2019, 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 SCHOLARSHIPS 5 5000 0 N/A N/A PART I, LINE 2: SOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS, INC. PROVIDES SCHOLARSHIPS FOR INDIVIDUALS TO ATTEND SACUBO MEETINGS. THE PURPOSE OF THIS SCHOLARSHIP IS TO PROMOTE PROFESSIONAL DEVELOPMENT FOR INDIVIDUALS WHOSE INSTITUTIONS CANNOT AFFORD TO ATTEND THESE PROGRAMS. THERE IS NO FORMAL PROCESS FOR MONITORING THE USE OF SCHOLARSHIP FUNDS. HOWEVER, INDIVIDUALS MUST APPLY FOR THE SCHOLARSHIP IN ORDER TO BE CONSIDERED. FURTHERMORE, THE APPLICANT'S COLLEGE OR UNIVERSITY MUST BE A MEMBER OF SACUBO FOR THE APPLICATION TO BE CONSIDERED. X 1 30000 COST VALUE 0 0 0 PART I, COLUMN (B): REPRESENTS TOTAL NUMBER OF CONTRIBUTORS. FORM 990, PART III, LINE 3 ANNUAL MEETING SCHEDULED TO TAKE PLACE MAY 3RD THROUGH 5TH IN SAN ANTONIO, TX WAS CANCELLED DUE TO COVID-19 RESTRICTIONS. FORM 990, PART VI, SECTION A, LINE 1 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 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 DRAFT FEDERAL FORM 990 WILL BE DISTRIBUTED TO THE BOARD OF DIRECTORS ELECTRONICALLY PRIOR TO SUBMISSION AND THE BOARD OF DIRECTORS WILL BE ASKED FOR COMMENTS, QUESTIONS, CONCERNS, ETC. THE BOARD OF DIRECTORS IS THEN ASKED TO APPROVE THE DRAFT FEDERAL FORM 990 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.