2020-10-07T20:21:22-05:00 2019-12-31 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2019-01-01 941007751 CALIFORNIA ALUMNI ASSOCIATION CALI 5109008225 1 ALUMNI HOUSE UC BERKELEY BERKELEY CA 94720 ANN TRUONG CHIEF FINANCIAL OFFICER 5109008225 2020-10-02 1 MICHAEL LUMSDEN P01262236 4159561500 2020-10-02 76.14.38.113 2020-10-02 14:50:25 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 00C4359F54289D19625D58AABAD73364CEA05A5F 2019 2021-01-29 14:40:06Z CLOTHILDE HEWLETT 1 ALUMNI HOUSE UC BERKELEY BERKELEY CA 94720 21678750 0 X WWW.ALUMNI.BERKELEY.EDU X 1872 CA TO PROMOTE THE WELFARE OF UNIVERSITY OF CALIFORNIA ALUMNI THROUGH EDUCATIONAL ACTIVITIES. 19 19 326 1000 973721 68829 4152783 4764193 8785706 9496238 1658843 904523 1639287 2453018 16236619 17617972 489000 268450 0 0 7337535 7527429 21076 0 301321 8229588 8350888 16077199 16146767 159420 1471205 36063493 40813758 11558525 10832675 24504968 29981083 X OUR MISSION IS TO ADVANCE AND PROMOTE THE INTERESTS OF THE UNIVERSITY OF CALIFORNIA, BERKELEY BY CONNECTING ALUMNI WITH EACH OTHER AND OUR ALMA MATER. WE INFORM, ENGAGE, AND INSPIRE ALUMNI TO SUPPORT THE UNIVERSITY BY: (1) PARTICIPATING AND VOLUNTEERING IN UNIVERSITY AND ALUMNI ACTIVITIES; (2) ACTING AS AMBASSADORS AND ADVOCATES ON BEHALF OF THE UNIVERSITY; AND (3) GIVING TO THE UNIVERSITY. 0 0 5385114 0 6747293 THE ASSOCIATION OWNS AND OPERATES FAMILY CAMP SITES AND A CABIN RESORT CALLED LAIR OF THE GOLDEN BEAR AND THE PINECREST CHALET (WHICH WAS SOLD IN NOVEMBER 2019), RESPECTIVELY. THE CAMP SITES AND CABIN RESORT ARE LOCATED IN THE STANISLAUS NATIONAL FOREST IN PINECREST, CA. THESE FACILITIES PROVIDE REASONABLY PRICED SUMMER CAMPING VACATIONS TO ASSOCIATION MEMBERS, FRIENDS, AND FAMILY. ADDITIONALLY, SPECIAL GROUPS AND EVENTS ARE BOOKED BEFORE AND AFTER SUMMER FAMILY CAMP SESSIONS. A TOTAL OF APPROXIMATELY 10,000 INDIVIDUALS ENJOY THESE FACILITIES ON AN ANNUAL BASIS. 993393 0 149184 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. 3096864 0 2599761 ALUMNI ENGAGEMENT PROGRAMS INCLUDE MEMBER SERVICES AND BENEFITS, CAREER NETWORKING AND SEMINARS, ON AND OFF CAMPUS SPECIAL EVENTS, TRAVEL STUDY PROGRAMS (BOTH DOMESTIC AND INTERNATIONAL), AND PARTICIPATION IN ALUMNI CHAPTERS WORLDWIDE. 2613621 268450 0 STUDENT ENGAGEMENT PROGRAMS FACILITATE THE INTERACTION BETWEEN STUDENTS AND ALUMNI, AND PROVIDE OPPORTUNITIES FOR STUDENTS TO PARTICIPATE IN CAMPUS ACTIVITIES AND EVENTS. PROGRAMS AND ACTIVITIES INCLUDE THE ADMINISTRATION OF THREE SCHOLARSHIP PROGRAMS, THE AWARDING OF SCHOLARSHIPS, AND AN ALUMNI STUDENT MENTORSHIP PROGRAM. 2613621 268450 0 12088992 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 1 0 0 0 1 156 0 1 326 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X ANN TRUONG 5109008218 1 ALUMNI HOUSE UC BERKELEY BERKELEY CA 94720 ERIC MART PRESIDENT THROUGH 6/2019 1.00 X 0 0 0 AMANDA POUCHOT VICE PRESIDENT THROUGH 6/2019 / PRESIDENT EFFECTIV 1.00 X 0 0 0 DEMETRIOS BOUTRIS VICE PRESIDENT EFFECTIVE 7/2019 1.00 X 0 0 0 REHAN RYAN WALIANY VP FINANCE THROUGH 6/2019 / DIRECTOR 1.00 X 0 0 0 KIRAN RAO VP FINANCE EFFECTIVE 7/2019 1.00 X 0 0 0 MORRIS BUDAK DIRECTOR EFFECTIVE 7/2019 1.00 X 0 0 0 SANGEETA CHAKROBORTY DIRECTOR 1.00 X 0 0 0 ALLARD CHU DIRECTOR 1.00 X 0 0 0 DIANE DWYER DIRECTOR 1.00 X 0 0 0 EMILY HOU DIRECTOR EFFECTIVE 7/2019 1.00 X 0 0 0 TALIA KENNEDY DIRECTOR EFFECTIVE 7/2019 1.00 X 0 0 0 JOY KOVALESKI DIRECTOR 1.00 X 0 0 0 CAROL LIU DIRECTOR 1.00 X 0 0 0 CATHERINE MCKEE DIRECTOR THROUGH 6/2019 1.00 X 0 0 0 DIONICIA RAMOS LEDESMA DIRECTOR 1.00 X 0 0 0 ALEX RANDOLPH DIRECTOR THROUGH 6/2019 1.00 X 0 0 0 MARSHA ROBERTS DIRECTOR EFFECTIVE 7/2019 1.00 X 0 0 0 ALFONSO SALAZAR DIRECTOR EFFECTIVE 7/2019 1.00 X 0 0 0 DANIELLE SILVEIRA DIRECTOR 1.00 X 0 0 0 GARY SLAVIT DIRECTOR THROUGH 6/2019 1.00 X 0 0 0 ROBERT G SPROUL DIRECTOR 1.00 X 0 0 0 MICHAEL STECKLER DIRECTOR THROUGH 6/2019 1.00 X 0 0 0 PRENTICE TOM DIRECTOR THROUGH 6/2019 1.00 X 0 0 0 KIRK TRAMBLE DIRECTOR 1.00 X 0 0 0 ESPERANZA VIELMA DIRECTOR 1.00 X 0 0 0 CLOTHILDE HEWLETT EXECUTIVE DIRECTOR/SECRETARY-TREAS. 37.50 X 249718 0 7008 ANN NGOC TUYET TRUONG CHIEF FINANCIAL OFFICER 37.50 X 120139 0 14826 SUSAN COHEN CRUMPLER CHIEF OPERATING OFFICER 37.50 X 195748 0 48384 MATTHEW S TERWILLIGER CHIEF REVENUE OFFICER 37.50 X 189094 0 53403 MICHAEL YALEY GENERAL MANAGER 37.50 X 136117 0 3865 PIERRE-ALAIN SEGUREL IT DIRECTOR 37.50 X 116572 0 17650 JENNY ROBLES HR DIRECTOR 37.50 X 111645 0 41774 ANH PHUONG TRAN CHIEF PROGRAM OFFICER 37.50 X 103168 0 14675 PATRICK JOSEPH EDITOR-IN-CHIEF 37.50 X 101459 0 49576 1323660 0 251161 9 0 1 0 QUADGRAPHICS INC PO BOX 644840 PITTSBURGH PA 152644840 PRINTING SERVICES 279151 SIERRA PROPERTY MAINTENANCE 17500 ROUTE 5 ROAD SONORA CA 95370 CONSTRUCTION 211978 FALCK NORTHERN CALIFORNIA CORP 1517 WEST BRANDEN COURT ORANGE CA 92868 MEDICAL SERVICES 191700 LOTUS ADVISORY 2072 LA ORINDA PLACE CONCORD CA 94518 CONSULTING 122438 FIRST CLASS PLUS INC 214 RYAN WAY SOUTH SAN FRANCISCO CA 940806308 MAILING SERVICES 119873 6 1439226 3324967 4764193 SUMMER CAMPS/CHALET 532000 6747293 5922756 824537 TRAVEL PROGRAM 561520 2071238 2071238 RESERVATION REVENUE 532000 354455 354455 SPECIAL EVENTS 900099 173003 173003 PUBLICATIONS/ADVERTISING 541800 149184 149184 1065 1065 9496238 673947 673947 1563742 1563742 2591354 1700000 1941042 2119736 650312 -419736 230576 230576 INSURANCE PROCEEDS 900099 889276 889276 889276 17617972 8522517 973721 3357541 268450 268450 999456 118005 881451 5041724 3687032 1229978 124714 104778 69159 32081 3538 956954 643270 290566 23118 424517 282842 132601 9074 47373 47373 72000 72000 133204 133204 1255665 977704 245655 32306 49298 39273 9827 198 49360 23382 25768 210 35704 9106 26598 739450 445103 294197 150 232827 189212 41252 2363 48858 10136 37722 1000 10604 10604 680834 680834 218478 188961 29517 PROGRAM EXPENSES 2961567 2802748 65746 93073 FEES AND SERVICE CHARGE 330665 322509 7379 777 BOND AMORTIZATION 303247 303247 UBI TAX PAYMENTS 36000 36000 1145754 1028019 106935 10800 16146767 12088992 3756454 301321 1095615 1168592 954436 1796016 15000 446430 199038 1400000 46182 46182 28611 112360 18783595 9721471 11420750 9062124 13468384 15970363 8431109 10927456 6001 0 150975 131627 36063493 40813758 766297 793143 2383870 1950900 5950602 5705252 216764 214717 2240992 2168663 11558525 10832675 X 16234404 20759784 8270564 9221299 24504968 29981083 36063493 40813758 X 1471205 3932581 72329 X 0 1 X 1 0 X 2825170 2636466 3129380 4152783 4764193 17507992 6870902 6941846 8132476 7838576 8522517 38306317 9696072 9578312 11261856 11991359 13286710 55814309 7945 14690 5200 27835 0 7945 14690 5200 27835 55786474 1721690 1977659 2129936 2288365 2237689 10355339 126391 42588 54375 223354 1721690 2104050 2129936 2330953 2292064 10578693 14120 14120 889276 889276 11431882 11682362 13391792 14322312 16468050 67296398 0.82900 0.83290 0.15720 0.16610 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2015 AMOUNT: $ 0. 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 889,276. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 149485 10090 10090 149485 1857722 -1666002 -25966 16269 149485 1635265 236945 14488 1857722 1560274 88104 13113 1635265 1425274 100000 47351 12351 1560274 0.00000 1.00000 0.00000 0 1 1 13124599 5400252 7724347 3097297 2567877 529420 1126408 1007890 118518 1435291 745452 689839 9062124 FIXED INCOME SECURITIES 7170590 F ENDOWMENT POOL-GEP SHARES 2039895 F CERTIFICATES OF DEPOSIT 1716971 F 10927456 DERIVATIVE FINANCIAL INSTRUMENT LIABILITY 1043077 LIABILITY FOR PENSION BENEFITS 1114385 DEFERRED RENT 11201 2168663 X 21489678 3932581 72329 4004910 17484768 133204 133204 17617972 16013563 0 16013563 133204 133204 16146767 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. THE "PRIOR YEAR" COLUMN HAS BEEN RESTATED FROM THE ORIGINALLY FILED 2018 FORM 990 AS, DURING 2019, THERE WAS A RECLASSIFICATION OF FUNDS PREVIOUSLY CLASSIFIED AS ENDOWMENT RESTRICTED FUNDS TO BOARD DESIGNATED FUNDS. 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, 2019 AND 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE SWAP -196,618. CHANGE IN PENSION LIABILITY 268,947. 1 KASP SCHOLARSHIPS 92 268000 ALUMNI SCHOLARS PROGRAM EMERGENCY GRANT 1 450 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. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 CLOTHILDE HEWLETT EXECUTIVE DIRECTOR/SECRETARY-TREAS. 247432 0 0 0 2286 0 7008 0 0 0 256726 0 0 0 SUSAN COHEN CRUMPLER CHIEF OPERATING OFFICER 195334 0 0 0 414 0 5661 0 42723 0 244132 0 0 0 MATTHEW S TERWILLIGER CHIEF REVENUE OFFICER 188824 0 0 0 270 0 5592 0 47811 0 242497 0 0 0 JENNY ROBLES HR DIRECTOR 111375 0 0 0 270 0 3405 0 38369 0 153419 0 0 0 PATRICK JOSEPH EDITOR-IN-CHIEF 101045 0 0 0 414 0 2961 0 46615 0 151035 0 0 0 PART I, LINE 1A THE CALIFORNIA ALUMNI ASSOCIATION PAYS MEMBERSHIP DUES ON BEHALF OF THE EXECUTIVE DIRECTOR TO UCB SPORTS & REC FACILITY, THE FACULTY CLUB, AND THE BERKELEY CITY CLUB. FEES PAID ARE REPORTED AS TAXABLE INCOME TO EXECUTIVE DIRECTOR. A ABAG FINANCE AUTHORITY FOR NON-PROFIT ORGANIZATIONS 943130123 00037CGM6 2004-12-21 8300000 CONSTRUCTION OF SUMMER CAMP FACILITY 0 0 0 A 2375000 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: 02/12/2015 SCHEDULE K, PART III, LINE 4: THE ORGANIZATION HAS ESTIMATED THE TOTAL AMOUNT OF PRIVATE BUSINESS USE REPORTED ON SCHEDULE K, PART III, LINE 4, COMPARING PRIVATE BUSINESS USE TO ALL BOND FINANCED FACILITIES. THE AMOUNT IS NOT IN EXCESS OF THE AMOUNTS PERMITTED UNDER SECTION 145 OF THE INTERNAL REVENUE CODE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS FOUR CLASSIFICATIONS OF MEMBERS: 1. ANNUAL MEMBERS 2. LIFE MEMBERS 3. AFFILIATED MEMBERS 4. HONORARY MEMBERS THE VOTING POWER AND PRIVILEGE OF HOLDING OFFICE IN THIS CORPORATION SHALL VEST EXCLUSIVELY IN ANNUAL MEMBERS AND LIFE MEMBERS. 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. 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-TREASURER WITHIN A PERIOD OF 30 DAYS AFTER THE PUBLISHED REPORT OF THE NOMINATING COMMITTEE. IF NO SUCH PETITION HAS BEEN FILED WITH THE SECRETARY-TREASURER, 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 AND CONTROLLER; 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 CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST AND ON THE ORGANIZATION WEBSITE. AUDITED FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST IN BOTH HARD COPY AND DIGITAL FORM. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON INTEREST RATE SWAP -196,618. CHANGE IN PENSION LIABILITY 268,947. UNIVERSITY OF CALIFORNIA BERKELEY 110 SPROUL HALL BERKELEY CA 94720 946002123 EDUCATION CA N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0