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SOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
SOUTHERN ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS INC (EIN 76-0427292)
Tax period
2013-06-01 to 2014-05-31
Filed
2015-04-15
IRS object ID
201531059349301188
Schema version
2013v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-04-15T16:45:03-05:00ReturnTs
Tax Period End2014-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560574444PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11111 METROPOLITAN AVE STE 1000AddressLine1
CityCHARLOTTECity
StateNCState
ZIP Code28204ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760427292EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOUTHERN ASSOCIATION OF COLLEGE ANDBusinessNameLine1
Business Name Line2UNIVERSITY BUSINESS OFFICERS INCBusinessNameLine2
FieldValueIRS element (for citing)
Business Name ControlSOUTBusinessNameControlTxt
Phone3348445588PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1424 EAST BROAD STREETAddressLine1
CityATHENSCity
StateGAState
ZIP Code306024215ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARY LOU MERKTPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3348445588PhoneNum
Signature2015-04-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKELLIANNE F BENSONPreparerPersonNm
PTINP01345659PTIN
Phone7043771678PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARY LOU MERKTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1424 EAST BROAD STREETAddressLine1
CityATHENSCity
StateGAState
ZIP Code306024215ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$850,947GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SACUBO.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1928FormationYr
Legal Domicile StateALLegalDomicileStateCd
Activity Or MissionTO INFORM HIGHER EDUCATION INSTITUTIONS IN THE SOUTHERN REGION OF THE UNITED STATES OF ISSUES THAT AFFECT HIGHER EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers110TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$504,840PYContributionsGrantsAmt
CY Contributions Grants$189,300CYContributionsGrantsAmt
PY Program Service Revenue$476,889PYProgramServiceRevenueAmt
CY Program Service Revenue$642,363CYProgramServiceRevenueAmt
PY Investment Income$7,657PYInvestmentIncomeAmt
CY Investment Income$8,390CYInvestmentIncomeAmt
PY Other Revenue$22,290PYOtherRevenueAmt
CY Other Revenue$10,894CYOtherRevenueAmt
PY Total Revenue$1,011,676PYTotalRevenueAmt
CY Total Revenue$850,947CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$927,454PYOtherExpensesAmt
CY Other Expenses$826,088CYOtherExpensesAmt
PY Total Expenses$927,454PYTotalExpensesAmt
CY Total Expenses$826,088CYTotalExpensesAmt
PY Revenues Less Expenses$84,222PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$24,859CYRevenuesLessExpensesAmt
Total Assets BOY$1,021,064TotalAssetsBOYAmt
Total Assets EOY$1,290,100TotalAssetsEOYAmt
Total Liabilities BOY$198,268TotalLiabilitiesBOYAmt
Total Liabilities EOY$376,432TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$822,796NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$913,668NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionA PROFESSIONAL MEMBERSHIP ASSOCIATION OF ADMINISTRATIVE AND FINANCIAL OFFICERS OF COLLEGES AND UNIVERSITIES. THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE IMPROVED PRINCIPLES AND EFFICIENT PRACTICES IN THE BUSINESS AND FINANCIAL MANAGEMENT OF COLLEGES AND UNIVERSITIES AND TO PROMOTE PROFESSIONAL STANDARDS AND ETHICAL CONDUCT AMONG ITS MEMBERS. THE ACTIVITIES INCLUDE EDUCATIONAL PROGRAMS, PROFESSIONAL DEVELOPMENT PROGRAMS, AND WORKSHOPS. THERE ARE APPROXIMATELY 425 MEMBERS IN FISCAL YEAR 2014.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$401,553ExpenseAmt
Revenue$537,610RevenueAmt
DescANNUAL MEETING OF BUSINESS OFFICERS FOR PURPOSE OF CONTINUING EDUCATION AND MANAGEMENT OF BUSINESS AFFAIRS OF EDUCATIONAL INSTITUTIONS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$163,295ExpenseAmt
Revenue$104,753RevenueAmt
DescEXPENSE OF CONDUCTING ANNUAL WORKSHOP FOR DEVELOPMENT AND IMPROVEMENT OF ACCOUNTING AND MANAGEMENT SKILLS OF BUSINESS OFFICE PERSONNEL.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$81,050ExpenseAmt
DescFEE WAIVERS FOR SACUBO TRAINING SESSIONS ARE PROVIDED TO SOME ATTENDEES BASED ON AN APPLICATION PROCESS. THESE ATTENDEES ARE BUSINESS EMPLOYEES OF INSTITUTIONS OF HIGHER EDUCATION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$23,656ExpenseAmt
Revenue$10,894RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$23,656TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$10,894TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$669,554TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GREG LOVINSBusinessNameLine1
FieldValueIRS element (for citing)
Phone8282626430PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1438 ACADEMY STREETAddressLine1
CityBOONECity
StateNCState
ZIP Code28608ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
LINDA S MCCORMICK
PAST PRESIDENT1.00Yes (X)$0$0$0
PATRICK WAMSLEY
SPONSORSHIP COORDINATOR1.00Yes (X)$0$0$0
KARYN WEAVER
LEDGER EDITOR1.00Yes (X)$0$0$0
DEBRA ROSS
DEBRA ROSS1.00Yes (X)$0$0$0
RALPH JOHNSON
MEMBER AT LARGE1.00Yes (X)$0$0$0
JOHN CRAWFORD
MEMBER AT LARGE1.00Yes (X)$0$0$0
NORA MILLER
MEMBER AT LARGE1.00Yes (X)$0$0$0
HORACE CHASE
MEMBER AT LARGE1.00Yes (X)$0$0$0
DEBBIE WALKER
CHAIR - COMM. COLLEGES CONSTITUENT COMMITTEE1.00Yes (X)$0$0$0
SHERYL DENNIS
CHAIR - COMPREHENSIVE INSTITUTIONS CONSTITUENT COM1.00Yes (X)$0$0$0
BRANDON GILLILAND
CHAIR - RESEARCH & DOCTORAL CONSTITUENT COMMITTEE1.00Yes (X)$0$0$0
BILL SHORT
CHAIR - SMALL INSTITUTIONS CONSTITUENT COMMITTEE1.00Yes (X)$0$0$0
KEVIN APPLETON
HBCU ADVISOR1.00Yes (X)$0$0$0
DARRELL MORRISON
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
MARY LOU MERKT
1ST VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
BEN CRUTCHER
2ND VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
AL LITTLE
3RD VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
WILMA PHILLIPS
SECRETARY1.00Yes (X)$0$0$0Yes (X)
GREG LOVINS
TREASURER1.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$189,300MembershipDuesAmt
Total Contributions$189,300TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REGISTRATION FEES611430$353,415$353,415
SPONSORSHIPS900099$184,195$184,195
EXHIBITOR FEES611430$104,753$104,753
FieldValueIRS element (for citing)
Total Program Service Revenue$642,363TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,390TotalRevenueColumnAmt
Exclusion$8,390ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$10,894TotalRevenueColumnAmt
Related Or Exempt Func Income$10,894RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$10,894OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$850,947TotalRevenueColumnAmt
Related Or Exempt Func Income$653,257RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$8,390ExclusionAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$16,243TotalAmt
Management And General$16,243ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,503TotalAmt
Program Services$5,503ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$19,656TotalAmt
Management And General$19,656ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$98,792TotalAmt
Management And General$98,792ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$570,652TotalAmt
Program Services$565,574ProgramServicesAmt
Management And General$5,078ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,095TotalAmt
Management And General$6,095ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SPONSORSHIPS AND SCHOLA$81,050$81,050
NEXT GENERATION$12,427$12,427
SITE VISITS$8,793$8,793
OFFICERS' STAFF HONORAR$5,000$5,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,877TotalAmt
Management And General$1,877ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$826,088TotalAmt
Program Services$669,554ProgramServicesAmt
Management And General$156,534ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$393,228BOYAmt
EOY$768,061EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$500EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$182,377BOYAmt
EOY$40,067EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$55,000BOYAmt
EOY$25,000EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$390,459BOYAmt
EOY$456,472EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,021,064BOYAmt
EOY$1,290,100EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$166,940BOYAmt
EOY$357,981EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$31,328BOYAmt
EOY$18,451EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$198,268BOYAmt
EOY$376,432EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$822,796BOYAmt
EOY$913,668EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$822,796BOYAmt
EOY$913,668EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,021,064BOYAmt
EOY$1,290,100EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$24,859ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$66,013NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$318,759CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$449,201CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$366,650CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$504,840CurrentTaxYearMinus1YearAmt
Current Tax Year$189,300CurrentTaxYearAmt
Total$1,828,750TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$443,487CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$424,803CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$469,665CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$476,889CurrentTaxYearMinus1YearAmt
Current Tax Year$642,363CurrentTaxYearAmt
Total$2,457,207TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$762,246CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$874,004CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$836,315CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$981,729CurrentTaxYearMinus1YearAmt
Current Tax Year$831,663CurrentTaxYearAmt
Total$4,285,957TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$4,285,957PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,974CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,598CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,278CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,657CurrentTaxYearMinus1YearAmt
Current Tax Year$8,390CurrentTaxYearAmt
Total$33,897TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,974CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,598CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,278CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,657CurrentTaxYearMinus1YearAmt
Current Tax Year$8,390CurrentTaxYearAmt
Total$33,897TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,095CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$10,050CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,290CurrentTaxYearMinus1YearAmt
Current Tax Year$10,894CurrentTaxYearAmt
Total$53,329TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$778,315CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$879,602CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$852,643CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,011,676CurrentTaxYearMinus1YearAmt
Current Tax Year$850,947CurrentTaxYearAmt
Total$4,373,183TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.98010PublicSupportCY509Pct
Public Support PY5090.97630PublicSupportPY509Pct
Investment Income CY0.00780InvestmentIncomeCYPct
Investment Income PY0.00780InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescVANGUARD INDEX TRUST 500Desc
Book Value$456,472BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$456,472TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$916,960TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$66,013NetUnrealizedGainsInvstAmt
Revenue Not Reported$66,013RevenueNotReportedAmt
Revenue Subtotal$850,947RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$850,947TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$826,088TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$826,088ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$826,088TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationSACUBO IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND UNDER RELATED STATE STATUTES. HOWEVER, SACUBO IS LIABLE FOR FEDERAL AND STATE INCOME TAX ON INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO SACUBOS TAX EXEMPT PURPOSE. SACUBO FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITYS FINANCIAL STATEMENTS BY PRESCRIBING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. SACUBOS POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO SACUBO, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF MAY 31, 2014, AND 2013, RESPECTIVELY AND, ACCORDINGLY, NO LIABILITIES HAVE BEEN ACCRUED. SACUBO BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO MAY 31, 2011.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6SACUBO HAS MANY MEMBER INSTITUTIONS. ALMOST ALL OF THE MEMBERS ARE INSTITUTIONS OF HIGHER EDUCATION AND THE MEMBERSHIP IS IN THE NAME OF THE INSTITUTION.
FORM 990, PART VI, SECTION A, LINE 7AREPRESENTATIVES OF THESE INSTITUTIONS ELECT THE MEMBERS OF THE GOVERNING BODY, THE BOARD OF DIRECTORS, AT THE BUSINESS PORTION OF THE ANNUAL MEETING.
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 WILL BE DISTRIBUTED TO THE BOARD ELECTRONICALLY PRIOR TO SUBMISSION AND THE BOARD WILL BE ASKED FOR COMMENTS, QUESTIONS, CONCERNS, ETC. THE BOARD IS THEN ASKED TO APPROVE THE 990 PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD 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 19THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

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