2020-07-13T16:38:27-05:00 2019-06-30 463330935 AVENSON HAMANN CPAS LLP 1779 WELLS BRANCH PKWY 110B-292 AUSTIN TX 78728 990 2018-07-02 740960070 UNIVERSITY CO-OPERATIVE SOCIETY UNIV 5122216208 PO BOX 7520 UNIVERSITY STATION AUSTIN TX 78712 CHERYL PHIFER CEO 5122216208 2020-07-13 1 CATHERINE AVENSON P01259734 5126939131 45.18.124.65 2020-07-13 16:38:23 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 357970AC9E1D7E23FF1AD2A84AA029E57A57FC34 2018 2021-01-29 14:40:06Z CHERYL PHIFER PO BOX 7520 UNIVERSITY STATION AUSTIN TX 78712 25520509 0 X WWW.UNIVERSITYCOOP.COM X 1925 TX COLLEGE BOOK STORE PROVIDING GOODS AND SERVICES TO THE STUDENTS, FACULTY AND STAFF OF THE UNIVERSITY OF TEXAS. PROCEEDS FROM SALES OF GOODS ARE DONATED TO THE UNIVERSITY OF TEXAS. 10 10 431 0 38536 51773 0 11847 134338 63485 7816 -3425 9945864 11031300 10088018 11103207 155958 154476 90695 464994 5707615 5265491 0 0 0 4353764 5209731 10308032 11094692 -220014 8515 16668462 15556974 10105910 9280112 6562552 6276862 WE IMPROVE THE LIVES OF THE STUDENTS, FACULTY AND STAFF OF THE UNIVERSITY OF TEXAS AT AUSTIN WITH A BUSINESS WHERE PEOPLE LOVE TO SHOP, WORK AND CONNECT. 0 0 7571193 154476 10464777 PROVIDES GOODS AND SERVICES TO STUDENTS, FACULTY AND STAFF OF THE UNIVERSITY OF TEXAS. APPROXIMATELY 60,000 SUCH INDIVIDUALS ARE BENEFITED. 7571193 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 40 0 431 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHAEL SEYFFERT 5124767211 2246 GUADALUPE ST AUSTIN TX 78705 JOHN DZIENKOWSKI FACULTY DIRECTOR/CHAIR 1.00 X X 0 0 0 EMMA HANSEN STUDENT DIRECTOR 1.00 X 0 0 0 DIANE BRYANT FACULTY DIRECTOR 1.00 X 0 0 0 PAULA CAMPBELL INDEPENDENT DIRECTOR 1.00 X 0 0 0 CADEY MOORE STUDENT DIRECTOR 1.00 X 0 0 0 CIARAN TRACE FACULTY DIRECTOR 1.00 X 0 0 0 RILEY O'HARA STUDENT DIRECTOR 1.00 X 0 0 0 ABHINAV PAL STUDENT DIRECTOR 1.00 X 0 0 0 TAMMY BENTON INDEPENDENT DIRECTOR 1.00 X 0 0 0 SHARON STROVER FACULTY DIRECTOR 1.00 X 0 0 0 MICHAEL HASLER CHAIR THRU MAY'19 1.00 X X 0 0 0 DYLAN ADKINS STUDENT DIRECTOR 1.00 X 0 0 0 SARAH FULTHROPE STUDENT DIRECTOR 1.00 X 0 0 0 KATHERINE HARCLERODE STUDENT DIRECTOR 1.00 X 0 0 0 MADISON MCDONALD STUDENT DIRECTOR 1.00 X 0 0 0 CHERYL PHIFER PRESIDENT/CEO 40.00 X 356126 0 25959 JAMES KIELTY EXECUTIVE VP & CFO 40.00 X 198429 0 26685 LESLIE SMITH SECRETARY 40.00 X 212378 0 6375 KRISTEN HUFFMAN VP OF OPERATIONS 40.00 X 135315 0 21179 KELLI HANKS STORE DIRECTOR 40.00 X 105222 0 20776 MICHAEL SEYFFERT CONTROLLER 40.00 X 114019 0 2678 1121489 0 103652 6 0 1 0 UNITED PARCEL SERVICE 55 GLENLAKE PARKWAY NE ATLANTA GA 30328 DELIVERY SERVICES 181461 1 11847 11847 MISCELLANEOUS INCOME 900099 63485 63485 63485 52773 52773 1415435 838200 577235 577235 -14237 591472 3425 -3425 -3425 -3425 23976969 13575677 10401292 10401292 11103207 10464777 38536 588047 154476 154476 464994 464994 617475 421578 195897 3350770 2089642 1261128 188247 68386 119861 783303 783303 325696 321739 3957 52728 52728 246424 58382 188042 266662 266662 5712 2220 3492 342496 7611 334885 214718 214718 1016239 896813 119426 30682 9029 21653 2328 1009 1319 271658 271658 876143 859866 16277 TAX EXPENSE 3042 3042 CREDIT CARD/BANK FEES 571704 496836 74868 INVENTORY TRANSFERS 554217 554217 SUPPLIES 296679 246952 49727 458299 164405 293894 11094692 7571193 3523499 0 134490 134234 345678 486112 2665330 2429634 432258 505939 24056347 12478857 12218413 11577490 -9138734 -9520940 247794 191866 9763233 9752639 16668462 15556974 4044990 2837083 5641315 6235514 419605 207515 10105910 9280112 X 6142552 5856862 420000 420000 6562552 6276862 16668462 15556974 X 8515 -294205 X 0 1 X 1 0 X 11847 11847 27674915 27463687 25727903 24728629 24040454 129635588 27674915 27463687 25727903 24728629 24052301 129647435 0 0 0 129647435 1592791 1448962 1425065 1508593 1468208 7443619 1592791 1448962 1425065 1508593 1468208 7443619 29267706 28912649 27152968 26237222 25520509 137091054 0.94570 0.94980 0.05430 0.05020 X 1155694 1155694 14806752 5866933 8939819 2232708 1921768 310940 5845857 4674830 1171027 15336 15326 10 11577490 OTHER ASSETS 3750 DUE FROM RELATED ORGANIZATION 9748889 9752639 CASH OVERDRAFT 127476 DEFERRED LEASE OBLIGATION 80039 207515 X 11111302 0 11111302 -8095 -8095 11103207 11396992 302300 302300 11094692 0 11094692 PART X, LINE 2: THE CO-OP RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATINO BY TAXING AUTHORITIES. AS OF JUNE 30, 2019, THE CO-OP HAS RECORDED NO UNRECOGNIZED TAX BENEFITS. ADDITIONALLY, THE COMPANY DOES NOT EXPECT ANY UNRECOGNIZED TAX BENEFITS OT CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON SALE OF ASSET -8,095. PART XII, LINE 2D - OTHER ADJUSTMENTS: EQUITY IN SUBSIDIARY 294,205. GAIN ON SALE OF ASSETS REPORTED AS REVENUE 8,095. 1 THE UNIVERSITY OF TEXAS PO BOX 7458 AUSTIN TX 78713 746000203 STATE OF TEXAS 154476 SUPPORT EDUCATIONAL PROGRAMS AND ACTIVITIES 1 PART I, LINE 2: GRANTEES ARE REQUIRED TO SUBMIT REPORTS AND RECEIPTS DETAILING THE USE OF GRANT FUNDS. ALL GRANTEES MUST RETURN ANY EXCESS GRANT FUNDS TO THE ORGANIZATION. X 1 1 X X X X 1 0 0 0 0 0 0 0 0 CHERYL PHIFER PRESIDENT/CEO 324126 0 32000 0 0 0 9193 0 16766 0 382085 0 0 0 JAMES KIELTY EXECUTIVE VP & CFO 165357 0 0 0 33072 0 307 0 26378 0 225114 0 0 0 LESLIE SMITH SECRETARY 193378 0 19000 0 0 0 6375 0 0 0 218753 0 0 0 KRISTEN HUFFMAN VP OF OPERATIONS 121349 0 13966 0 0 0 2942 0 18237 0 156494 0 0 0 PART I, LINE 1A THE CHAIRPERSON OF THE BOARD OF DIRECTORS AND THE PRESIDENT/CEO ARE PROVIDED WITH MEMBERSHIPS TO THE UT CLUB AND THE CAMPUS CLUB. THE MEMBERSHIPS DUES ARE PAID DIRECTLY BY THE ORGANIZATION. PART I, LINE 4A JAMES KIELTY RECEIVED A SEVERANCE PACKAGE TOTALING $37,468, REPRESENTING FINAL PAYOUT OF A WORK AGREEMENT. FORM 990, PART VI, SECTION A, LINE 6 STUDENTS, FACULTY AND STAFF OF THE UNIVERSITY OF TEXAS ARE MEMBERS OF THE CO-OP. FORM 990, PART VI, SECTION A, LINE 7A STUDENT BOARD MEMBERS ARE ELECTED BY THE STUDENT BODY; FACULTY BOARD MEMBERS ARE APPOINTED BY THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CFO AND PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C SIGNIFICANT EXPENDITURES ARE MONITORED BY THE CFO AND POTENTIAL CONFLICTS ARE ADDRESSED PER THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION OF VICE PRESIDENTS IS REVIEWED BY THE CEO AND ANY INCREASES ARE APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION OF KEY EMPLOYEES IS REVIEWED BY THE EXECUTIVE OFFICERS AND APPROVED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: EQUITY IN LOSS OF SUBSIDIARY -294,205. UNIVERSITY STORES INC PO BOX 7520 UNIVERSITY STATION AUSTIN TX 78712 264786384 SALE OF GOODS AND SERVICES TO STUDENTS TX UNIVERSITY CO-OPERATIVE SOCIETY C 458370 276970 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 UNIVERSITY STORES INC A 52773 PERCENTAGE MONTHLY RETAIL SALES UNIVERSITY STORES INC D 9748889 COST UNIVERSITY STORES INC O 508740 COST