2026-05-14T14:45:42-05:00 2025-06-30 561750124 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2024-07-01 566001394 THE UNIVERSITY OF NORTH CAROLINA PRESS INC UNIV 9199663561 116 S BOUNDARY STREET CHAPEL HILL NC 27514 MOLLY KOECHER CHIEF FINANCIAL OFFICER 9199663561 2026-05-14 1 1 JARED L PILAND P01326291 9197878212 2024 2025-03-06 01:10:19Z MOLLY KOECHER 116 S BOUNDARY STREET CHAPEL HILL NC 27514 9469667 0 X WWW.UNCPRESS.ORG X 1922 NC TO PROMOTE THE ADVANCEMENT OF ARTS AND SCIENCES AND DEVELOPMENT OF LITERATURE THROUGH THE PUBLISHING OF DESERVING WORKS. 16 16 64 33 0 0 1354898 1059161 303011 399484 52662 83180 3094499 2765520 4805070 4307345 157436 0 0 0 4168069 4340803 0 0 18099 2214253 1920927 6539758 6261730 -1734688 -1954385 47809031 51188845 1950243 1893011 45858788 49295834 TO PROMOTE THE ADVANCEMENT OF THE ARTS AND SCIENCES AND THE DEVELOPMENT OF LITERATURE THROUGH THE PUBLISHING OF BOOKS, JOURNALS, AND OTHER FORMS OF PUBLICATIONS IN ALL MEDIA. 0 0 4559921 0 3165004 PUBLISHING OF SCHOLARLY BOOKS TO PROMOTE THE ADVANCEMENT OF ARTS AND SCIENCES. 4559921 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 1 1 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1420 0 1 64 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MOLLY KOECHER 9199663561 116 S BOUNDARY STREET CHAPEL HILL NC 27514 CARLTON E WILSON CHAIR 2.00 1.00 X X 0 0 0 LISA LEVENSTEIN VICE CHAIR 2.00 0.00 X X 0 0 0 MANALI BETTENDORF EX-OFFICIO 2.00 0.00 X 0 0 0 MATTHEW MORSE BOOKER MEMBER 2.00 0.00 X 0 0 0 ANITA BROWN-GRAHAM MEMBER 2.00 0.00 X 0 0 0 ELIZABETH ENGELHARDT MEMBER 2.00 0.00 X 0 0 0 DAVID ENGLISH EX-OFFICIO 2.00 0.00 X 0 0 0 MARIA R ESTORINO EX-OFFICIO 2.00 0.00 X 0 0 0 LINDA KAY HANLEY-BOWDOIN MEMBER 2.00 0.00 X 0 0 0 JERMA JACKSON MEMBER 2.00 0.00 X 0 0 0 OSAMUDIA JAMES MEMBER 2.00 0.00 X 0 0 0 BLAIR L M KELLEY MEMBER 2.00 0.00 X 0 0 0 ANGELA K MILES MEMBER 2.00 1.00 X 0 0 0 ARWIN D SMALLWOOD MEMBER 2.00 0.00 X 0 0 0 TIMOTHY J SMITH MEMBER 2.00 0.00 X 0 0 0 RANDALL STYERS MEMBER 2.00 0.00 X 0 0 0 JOHN SHERER EX-OFFICIO 39.00 1.00 X 233322 0 83272 MICHAEL GRAVES PRIOR CHIEF FINANCIAL OFFICER 39.00 1.00 X X 160057 0 12771 MOLLY KOECHER CHIEF FINANCIAL OFFICER 39.00 1.00 X X 11826 94706 37040 JOHN MCLEOD CHIEF OPERATING OFFICER 40.00 0.00 X 109145 0 46997 SOMMERVILLE ADELE CHIEF HUMAN RESOURCES OFFI 39.00 1.00 X 106586 0 26298 JOANNA RUTH MARSLAND DIRECTOR OF DEVELOPMENT 40.00 0.00 X 112674 0 37980 DINO BATTISTA DIRECTOR OF MARKETING 40.00 0.00 X 124712 0 53107 DAWN DURANTE EDITORIAL DIRECTOR 40.00 0.00 X 113218 0 17907 DEBBIE GERSHENOWITZ EXECUTIVE EDITOR 40.00 0.00 X 119576 0 48812 MARK SIMPSON-VOS SENIOR EXECUTIVE DIRECTOR 40.00 0.00 X 117536 0 41755 JOHN ALMEIDA CONTROLLER 39.00 1.00 X 99482 0 37516 1308134 94706 443455 9 0 1 0 LONGLEAF SERVICES INC 116 S BOUNDARY STREET CHAPEL HILL NC 27514 FULFILLMENT SERVICES 468049 VERSA PRESS INC 1465 SPRING BAY ROAD EAST PEORIA IL 616119788 PRINTING SERVICES 156340 2 104750 432500 521911 8915 1059161 FEES FROM SERVICES 513130 352105 352105 SUBSIDIARY RIGHTS 513130 47379 47379 399484 83340 83340 2608915 2609075 -160 -160 -160 5219421 2553247 2666174 2666174 OTHER INCOME 900099 99346 99346 99346 4307345 3165004 0 83180 965676 965676 2399628 2333943 65685 502879 472904 29975 244267 229359 14908 228353 171160 57193 41127 41127 152516 152516 63897 32869 31028 386047 386047 155636 120443 35193 40648 40648 54299 54299 100297 88887 11410 41700 41700 33271 33271 FULFILLMENT SERVICES FE 468049 468049 0 0 READING/EDITORIAL/DESIG 104125 104125 0 0 EXHIBITS 92618 92618 0 0 MISCELLANEOUS 73075 4510 68565 0 113622 55007 40516 18099 6261730 4559921 1683710 18099 543544 1406264 779273 1077632 881341 802757 1523354 1304078 150578 219276 2704384 188275 41214882 45381030 1535029 2113611 47809031 51188845 398239 283704 165507 138529 1386497 1470778 1950243 1893011 X 7120856 7510138 38737932 41785696 45858788 49295834 47809031 51188845 X -1954385 4871389 520042 X 0 1 X 1 0 X 1718448 1563976 3386817 1354898 1059161 9083300 1718448 1563976 3386817 1354898 1059161 9083300 3258602 5824698 5115 37916 35688 52594 83340 214653 1626 138915 179875 44468 99346 464230 9762183 32919870 0.59670 0.65380 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME/EXPENSE - 2020 AMOUNT: $ 1,626. 2021 AMOUNT: $ 138,915. 2022 AMOUNT: $ -18,984. 2023 AMOUNT: $ 44,468. 2024 AMOUNT: $ 99,346. BAD DEBT RECOVERY - 2022 AMOUNT: $ 198,859. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38737932 401830 4347934 1702000 41785696 35452406 524880 4330467 1569821 38737932 34507795 2639880 -150823 1544446 35452406 33590559 688183 1367053 1138000 34507795 23350875 726206 9813478 300000 33590559 0.34060 0.65940 1 0 743720 697795 45925 210246 197276 12970 569388 409007 160381 219276 UNC INVESTMENT FUND 45381030 F 45381030 SUBSIDIES ON UNCOMPLETED BOOKS 118012 DUE TO UNIVERSITY PERIODICALS 212181 ROYALTIES & COMMISSIONS PAYABLE 876332 ACCRUED VACATION 264253 1470778 X 9513391 4871389 520042 5391431 4121960 152516 32869 185385 4307345 6076345 0 6076345 152516 32869 185385 6261730 PART V, LINE 4: THE BOARD'S CURRENT GENERAL SPENDING POLICY IS TO DISTRIBUTE AN AMOUNT EQUAL TO 5% OF THE AVERAGE MARKET VALUE FOR THE 12 QUARTERS ENDING MARCH 31 JUST PRIOR TO THE BEGINNING OF THE FISCAL YEAR. THIS SPENDING POLICY IS CONSISTENT WITH THE AVERAGE LONG-TERM RETURN EXPECTATION, PROVIDING ONGOING SUPPORT OF DONORS' CHARITABLE INTERESTS AND ADDITIONAL GROWTH TO THE ENDOWMENT FUNDS. APPROPRIATIONS FROM ENDOWMENT FUNDS ARE APPROVED BY THE PRESS' BOARD OF GOVERNORS. PART X, LINE 2: THE PRESS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE PRESS IS ALSO GENERALLY EXEMPT FROM STATE INCOME TAXES UNDER THE PROVISIONS OF THE NORTH CAROLINA NONPROFIT CORPORATION ACT. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE PRESS' TAX POSITIONS AND CONCLUDED THE PRESS HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: EQUITY IN INCOME - LONGLEAF SERVICES, INC. 520,042. PART XI, LINE 4B - OTHER ADJUSTMENTS: COMMISSIONS 32,869. PART XII, LINE 4B - OTHER ADJUSTMENTS: COMMISSIONS 32,869. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES CONSIGNMENT SALES EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES CONSIGNMENT SALES EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES CONSIGNMENT SALES NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES CONSIGNMENT SALES SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES CONSIGNMENT SALES SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES CONSIGNMENT SALES 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X X X 0 0 0 0 0 0 0 0 0 JOHN SHERER EX-OFFICIO 233322 0 0 0 0 0 60759 0 23086 0 317167 0 0 0 DINO BATTISTA DIRECTOR OF MARKETING 124712 0 0 0 0 0 33432 0 19675 0 177819 0 0 0 MICHAEL GRAVES PRIOR CHIEF FINANCIAL OFFICER 160057 0 0 0 0 0 11587 0 2584 0 174228 0 0 0 DEBBIE GERSHENOWITZ EXECUTIVE EDITOR 113576 0 6000 0 0 0 30393 0 18419 0 168388 0 0 0 MARK SIMPSON-VOS SENIOR EXECUTIVE DIRECTOR 117536 0 0 0 0 0 29783 0 12542 0 159861 0 0 0 JOHN MCLEOD CHIEF OPERATING OFFICER 109145 0 0 0 0 0 29162 0 17834 0 156141 0 0 0 MOLLY KOECHER CHIEF FINANCIAL OFFICER 11826 94706 0 0 0 0 3062 25209 1355 15778 16243 135693 0 0 JOANNA RUTH MARSLAND DIRECTOR OF DEVELOPMENT 112674 0 0 0 0 0 28081 0 10059 0 150814 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE UNIVERSITY OF NORTH CAROLINA SYSTEM HAS THE POWER TO ELECT MEMBERS OF THE BOARD OF UNC PRESS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE DIRECTOR AND THE CFO. IT IS MADE AVAILABLE TO THE BOARD'S FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS IN THE STAFF HANDBOOK AND ANY CONFLICTS ARE REPORTED ACCORDINGLY. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE ASKED ANNUALLY TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL SALARIES ARE REVIEWED WITH ANNUAL SALARY STATISTICS PROVIDED BY THE ASSOCIATION OF AMERICAN UNIVERSITY PRESSES. THE UNC PRESS COMPENSATION COMMITTEE MEETS ANUALLY IN EXECUTIVE SESSION TO DISCUSS AND REVIEW THE PERFORMANCE AND SALARY OF THE DIRECTOR. THE DIRECTOR'S SALARY IS SET BASED ON COMPARATIVE SALARY DATA PROVIDED BY THE ASSOCIATION OF AMERICAN UNIVERSITY PRESSES. THE DELIBERATIONS AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED AS WELL. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: EQUITY IN INCOME FROM LONGLEAF SERVICES, INC. 520,042. LONGLEAF SERVICES INC 116 S BOUNDARY STREET CHAPEL HILL NC 27514 743155150 FULFILLMENT SERVICES NC 501(C)(3) LINE 12A, I UNC PRESS INC 1 UNIVERSITY OF NORTH CAROLINA SYSTEMS CB9000 PO BOX 2688 CHAPEL HILL NC 275152688 566172047 GOVERNING BODY OF THE PUBLIC UNIVERSITY SYSTEM OF NORTH CAROLINA NC 501(C)(3) N/A 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 LONGLEAF SERVICES INC J 730227 PAYMENTS PER RECORDS LONGLEAF SERVICES INC P 468049 PAYMENTS PER RECORDS UNC-CHAPEL HILL C 104750 PAYMENTS PER RECORDS