2019-10-04T21:54:39-05:00 2018-12-31 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2018-01-01 941007751 CALIFORNIA ALUMNI ASSOCIATION CALI 5109008225 1 ALUMNI HOUSE UC BERKELEY BERKELEY CA 94720 ANN TRUONG CFO AND CONTROLLER 5109008225 2019-10-04 1 MICHAEL LUMSDEN P01262236 4159561500 2019-10-04 12.129.4.210 2019-10-04 19:28:28 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 32BFBF1104AA8EEBC72962A0CCB0C2C16BC479E3 2018 2020-01-14 16:20:31Z CLOTHILDE HEWLETT 1 ALUMNI HOUSE UC BERKELEY BERKELEY CA 94720 19013543 0 X WWW.ALUMNI.BERKELEY.EDU X 1872 CA TO PROMOTE THE WELFARE OF UNIVERSITY OF CALIFORNIA ALUMNI THROUGH EDUCATIONAL ACTIVITIES. 22 22 344 1166 947130 61696 3129380 4152783 9019477 8785706 1570314 1658843 1539917 1639287 15259088 16236619 375000 489000 0 0 6832437 7337535 99030 21076 466762 8114911 8229588 15421378 16077199 -162290 159420 37732310 36063493 11152698 11558525 26579612 24504968 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 IN UNIVERSITY AND ALUMNI ACTIVITIES, (2) ACTING AS AMBASSADORS AND ADVOCATES ON BEHALF OF THE UNIVERSITY, AND (3) GIVING TO THE UNIVERSITY. 0 0 5089431 0 6272097 THE ASSOCIATION OWNS AND OPERATES FAMILY CAMP SITES AND A CABIN RESORT CALLED LAIR OF THE GOLDEN BEAR AND THE PINECREST CHALET, 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. 1064811 0 184367 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. 2991546 0 2329242 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. 3239790 489000 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 SCHOLORSHIP PROGRAMS, THE AWARDING OF SCHOLARSHIPS, AND AN ALUMNI STUDENT MENTORSHIP PROGRAM. 3239790 489000 0 12385578 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 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 1 179 0 1 344 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 1 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 1.00 X X 0 0 0 AMANDA POUCHOT VICE PRESIDENT 1.00 X X 0 0 0 AMY SHIN VICE PRES FINANCE THROUGH 9/4/2018 1.00 X X 0 0 0 DEMETRIOS BOUTRIS INTERIM VICE PRES FINANCE/DIRECTOR 1.00 X X 0 0 0 RYAN WALIANY VICE PRESIDENT FINANCE 1.00 X X 0 0 0 BRANDON BEROOKHIM DIRECTOR THROUGH 6/30/2018 1.00 X 0 0 0 SANGEETA CHAKRABORTY DIRECTOR 1.00 X 0 0 0 ALLARD CHU DIRECTOR 1.00 X 0 0 0 VIRG CRISTOBAL DIRECTOR THROUGH 6/30/2018 1.00 X 0 0 0 DIANE DWYER DIRECTOR 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 1.00 X 0 0 0 DIONICIA RAMOS LEDESMA DIRECTOR 1.00 X 0 0 0 ALEX RANDOLPH DIRECTOR 1.00 X 0 0 0 KIRAN RAO DIRECTOR 1.00 X 0 0 0 DANIELLE SILVEIRA DIRECTOR 1.00 X 0 0 0 GARY SLAVIT DIRECTOR 1.00 X 0 0 0 BOB SPROUL DIRECTOR 1.00 X 0 0 0 MICHAEL STECKLER DIRECTOR 1.00 X 0 0 0 PRENTICE TOM DIRECTOR 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 226423 0 6046 MONISHA MERCHANT INT. CFO (CONSULTANT) THROUGH 6/2018 37.50 X 110000 0 0 ANN NGOC TUYET TRUONG CONTROLLER/CFO START 6/2018 37.50 X 54414 0 4735 SUSAN CRUMPLER CHIEF OPERATING OFFICER 37.50 X 184891 0 22019 MATTHEW S TERWILLIGER CHIEF REVENUE OFFICER 37.50 X 178594 0 27711 MICHAEL YALEY GENERAL MANAGER 37.50 X 110657 0 3031 ANH PHUONG TRAN CHIEF PROGRAM OFFICER 37.50 X 112632 0 9004 PIERRE-ALAIN SEGUREL IT DIRECTOR 37.50 X 102031 0 9464 1079642 0 82010 7 0 1 0 SIERRA PROPERTY MAINTENANCE 17500 ROUTE 5 ROAD SONORA CA 95370 CONSTRUCTION 228563 QUADGRAPHICS INC PO BOX 644840 PITTSBURGH PA 152644840 PRINTING SERVICES 173436 FALCK NORTHERN CALIFORNIA CORP 2190 SOUTH MCDOWELL BLVD PETALUMA CA 94954 MEDICAL SERVICES 141816 FIRST CLASS PLUS LLC 214 RYAN WAY SOUTH SAN FRANCISCO CA 940806308 MAILING SERVICES 124058 LOTUS ADVISORY LTD 2072 LA ORINDA PLACE CONCORD CA 94518 CONSULTING 110000 5 1546362 2606421 4152783 SUMMER CAMPS/CHALET 532000 6272097 5509334 762763 TRAVEL PROGRAM 561520 1902640 1902640 RESERVATION REVENUE 532000 375317 375317 PUBLICATIONS/ADVERTISING 541800 184367 184367 SPECIAL EVENTS 900099 47933 47933 3352 3352 8785706 649078 649078 1639287 1639287 3779634 7055 2776924 0 1002710 7055 1009765 1009765 16236619 7838576 947130 3298130 489000 489000 814832 814832 5021862 4017856 792692 211314 109331 72600 31174 5557 977288 720177 224481 32630 414222 296994 101860 15368 126965 126965 40000 40000 21076 21076 168495 168495 1300520 979108 311481 9931 47997 43467 4181 349 69532 44716 23865 951 20237 1604 18633 709893 466143 242578 1172 114837 80620 27118 7099 51951 22608 25421 3922 9500 9500 711285 711285 168350 168350 PROGRAM EXPENSES 3358095 3162669 53557 141869 FEES AND SERVICE CHARGE 353654 217928 134835 891 BOND AMORTIZATION 316257 316257 REPAIRS AND MAINTENCE 249356 220498 28858 412664 353698 44333 14633 16077199 12385578 3224859 466762 758986 1095615 746052 954436 15000 15000 326449 446430 33418 46182 147855 28611 21565573 10144823 11643022 11420750 15286457 13468384 8649088 8431109 6917 6001 119066 150975 37732310 36063493 852562 766297 1952480 2383870 6180952 5950602 189597 216764 1977107 2240992 11152698 11558525 X 18733953 16234404 6669681 7094586 1175978 1175978 26579612 24504968 37732310 36063493 X 159420 -1972154 -261910 X 0 1 X 1 0 X 2628834 2825170 2636466 3129380 4152783 15372633 6851787 6870902 6941846 8132476 7838576 36635587 9480621 9696072 9578312 11261856 11991359 52008220 7945 39690 47635 0 7945 39690 47635 51960585 2065348 1721690 1977659 2129936 2288365 10182998 126391 54038 180429 2065348 1721690 2104050 2129936 2342403 10363427 14120 14120 11545969 11431882 11682362 13391792 14333762 62385767 0.83290 0.83000 0.16610 0.16960 X 0 1 X 1857722 -25966 16269 1815487 1635265 236945 14488 1857722 1560274 88104 13113 1635265 1425274 100000 47351 12351 1560274 1433408 62002 70136 1425274 0.00000 0.64770 0.35230 0 1 1 13238312 4758970 8479342 5684538 3424344 2260194 1704052 1485907 218145 938671 475602 463069 11420750 FIXED INCOME SECURITIES 6706912 F ENDOWMENT POOL-GEP SHARES 1724197 F 8431109 DERIVATIVE FINANCIAL INSTRUMENT LIABILITY 846459 LIABILITY FOR PENSION BENEFITS 1383332 DEFERRED RENT 11201 2240992 X 14285782 -1972154 196867 -1775287 16061069 168495 7055 175550 16236619 15901649 -7055 -7055 15908704 168495 168495 16077199 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 2014 ENDOWMENT BALANCE HAS BEEN RESTATED FROM THE ORIGINALLY FILED FORM 990 TO AGREE WITH THE AUDITED FINANCIAL STATEMENTS. 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, 2018 AND 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INTEREST RATE SWAP 196,867. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON SALE OF ASSET 7,055. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAIN ON SALE OF ASSET -7,055. X X X X 1 RUFFALO NOEL LEVITZ LLC PO BOX 718 DES MOINES IA 50303 PHONE AND MAIL SOLICITATIONS 0 325 21076 -20751 325 21076 -20751 CA 1 KASP SCHOLARSHIPS 108 489000 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. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 CLOTHILDE HEWLETT EXECUTIVE DIRECTOR/SECRETARY-TREAS. 223560 0 0 0 2863 0 6046 0 0 0 232469 0 0 0 SUSAN CRUMPLER CHIEF OPERATING OFFICER 184443 0 0 0 448 0 5315 0 16704 0 206910 0 0 0 MATTHEW S TERWILLIGER CHIEF REVENUE OFFICER 178414 0 0 0 180 0 5268 0 22443 0 206305 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 2115000 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 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTED WITH MONISHA MERCHANT, AN INDEPENDENT CONSULTANT, TO PROVIDE INTERIM CFO/CONTROLLER DUTIES UNTIL JUNE 2018, AT WHICH POINT A FULL-TIME CFO/CONTROLLER WAS HIRED. WAGES PAID TO MONISHA MERCHANT IN 2018 (WHICH INCLUDES AMOUNTS PAID FOR SERVICES BEYOND THE INTERIM CFO/CONTROLLER CAPACITY, PROVIDED AFTER JUNE 2018) TOTALED $110,000. 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: CHANGES IN PENSION LIABILITY -458,777. UNREALIZED GAIN ON INTEREST RATE SWAP 196,867. 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 1 0 0 0 0 0 0 0 0 0