2018-05-15T13:47:01-05:00 2017-06-30 463330935 AVENSON HAMANN CPAS LLP 1779 Wells Branch Pkwy 110B-292 Austin TX 78728 990 2016-07-01 740960070 UNIVERSITY CO-OPERATIVE SOCIETY UNIV 5122216208 PO BOX 7520 UNIVERSITY STATION AUSTIN TX 78712 James Kielty executive vp and cfo 5122216208 2018-05-14 1 Catherine Avenson P01259734 5126939131 2016 2022-09-23 18:48:47Z Cheryl Phifer PO BOX 7520 UNIVERSITY STATION AUSTIN TX 78712 27159956 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. 11 10 515 0 164444 -45157 0 0 30688 40399 9184 -86196 9684339 11148473 9724211 11102676 157596 209011 223656 196164 5839839 6082561 0 0 0 4765328 5063103 10986419 11550839 -1262208 -448163 20583307 20778322 8460559 10736024 12122748 10042298 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 8138420 209011 10235321 provides goods and services to students, faculty and staff of the university of texas. approximately 60,000 such individuals are benefited. 8138420 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 36 0 515 1 1 1 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JAMES KIELTY 5124767211 2241 SAN ANTONIO ST STE 101 AUSTIN TX 78705 Michael Hasler chairperson of the board 1.00 X X 24000 0 0 dylan adkins director 1.00 X 0 0 0 john dzienkowski director 1.00 X 0 0 0 Hillary Hart director 1.00 X 0 0 0 Granger Huntress director 1.00 X 0 0 0 Madison McDonald director 1.00 X 0 0 0 Garrett Sonnier director 1.00 X 0 0 0 Katherine Harclerode director 1.00 X 0 0 0 Sarah Fulthorpe director 1.00 X 0 0 0 Tammy Benton director 1.00 X 0 0 0 Sharon Strover director 1.00 X 0 0 0 Cheryl Phifer president/ceo 40.00 X 301963 0 18107 James Kielty executive vp & cfo 40.00 X 194360 0 29291 leslie smith secretary 40.00 X 191328 0 9714 Hulan swain asst to the president 40.00 X 101340 0 24696 Jeffrey Halliburton vp of operations 40.00 X 116409 0 6061 Kristen Huffman vp of operations 40.00 X 100338 0 17688 1029738 0 105557 6 0 1 0 united parcel service 55 glenlake parkway ne atlanta GA 30328 delivery services 359433 federal express 942 south shady grove road memphis TN 38120 delivery services 130123 2 miscellaneous income 900099 40399 40399 40399 251 251 116147 116147 1308667 471263 837404 837404 48297 789107 6988 93435 -86447 -86447 -86447 25687504 15492582 10194922 10194922 11102676 10235321 164444 702911 209011 209011 196164 196164 1012328 726049 286279 3684417 2764096 920321 207409 163680 43729 764450 764450 413957 311867 102090 32812 32812 396963 81445 315518 336481 328589 7892 77385 38407 38978 96871 96871 1844154 1787091 57063 55781 16327 39454 17119 462 16657 168040 168040 771930 708333 63597 tax expense 63080 63080 credit card fees 489142 76423 412719 supplies 261753 216683 45070 commissions 110675 110675 340917 138207 202710 11550839 8138420 3412419 0 184871 324602 7826961 458989 5047946 5060423 523874 481787 25025836 12791455 12816783 12234381 -6203031 -7835317 359653 303723 26250 9749734 20583307 20778322 2815201 3831135 5062406 5632351 582952 1272538 8460559 10736024 X 11702748 9622298 420000 420000 12122748 10042298 20583307 20778322 X -448163 -1632287 X 0 1 X 1 0 X 29365468 29116944 27674915 27463687 25727903 139348917 29365468 29116944 27674915 27463687 25727903 139348917 0 0 0 139348917 1294139 1147608 1592791 1448962 1425065 6908565 1294139 1147608 1592791 1448962 1425065 6908565 30659607 30264552 29267706 28912649 27152968 146257482 0.95280 0.95510 0.04720 0.04490 X 1155694 1155694 14728770 5320527 9408243 2509151 2088750 420401 6632221 5382178 1250043 12234381 other assets 18750 due from related organization 9730984 9749734 patronage refunds 196164 cash overdraft 8018 due to related organizations 900582 deferred lease obligation 167774 1272538 X 11739923 165984 165984 11573939 -471263 -471263 11102676 13820373 165984 2103550 2269534 11550839 0 11550839 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 examination by the taxing authorities. as of june 30, 2017 and 2016, the co-op has recorded no unrecognized tax benefits. additionally, the company does not expect any unrecognized tax benefits to change significantly over the next twelve months. Part XI, Line 4b - Other Adjustments: rental expenses netted with revenues -471,263. Part XII, Line 2d - Other Adjustments: equity in loss of subsidiary 1,632,287. rental expenses netted with revenues 471,263. 1 the university of texas po box 7458 austin TX 78713 746000203 state of texas 208905 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 0 0 0 0 0 0 0 0 0 Cheryl Phifer president/ceo 301963 0 0 0 0 0 0 0 18107 0 320070 0 0 0 James Kielty executive vp & cfo 194360 0 0 0 0 0 9896 0 19395 0 223651 0 0 0 leslie smith secretary 191328 0 0 0 0 0 9714 0 0 0 201042 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. 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 -1,632,287. 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 1097945 1087504 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 116147 percentage monthly retail sales university stores inc D 8830402 cost university stores inc O 885781 cost