Central Association Of College And University Business Officers
- Assets
- $2.3m
- Revenue
- $634.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Bowling Green, OH
- Founding
- 05/2016
- Data as of
- 08/2024
- EIN
- 73-1079052
Organization Overview
Central Association Of College And University Business Officers, operating under the name Cacubo, is located in Bowling Green, OH. The organization was established in 2016. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cacubo is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2024, Cacubo generated $634.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $723.7k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ASSOCIATION IS TO IMPROVE COLLEGE & UNIVERSITY FINANCIAL MANAGEMENT & BUSINESS ADMINISTRATION AND TO PROMOTE THE PROFESSION'S IDEALS, ETHICS, & STANDARDS. IT PROVIDES PROFESSIONAL DEVELOPMENT OPPORTUNITIES, AS WELL AS LEADERSHIP TRAINING FOR ALL LEVELS OF STAFF IN BUSINESS AND FINANCIAL MANAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING THE ANNUAL MEETING HELD EACH FALL PROVIDES A SETTING FOR DIRECT INTERFACE WITH FELLOW BUSINESS OFFICERS AND SPEAKERS ON MATTERS OF GENERAL INTEREST, SEMINARS ON SELECTED TOPICS, AS WELL AS INFORMATION AND EXHIBITS SPONSORED BY OUR BUSINESS PARTNERS. THE CACUBO ANNUAL MEETING WAS HELD OCTOBER 1-3, 2023 IN OMAHA NE FOR 438 ATTENDEES.
ACCOUNTING AND BUSINESS OFFICER WORKSHIP (CABOW) THE CACUBO ACCOUNTING AND BUSINESS OFFICER WORKSHOP IS A TWO DAY EVENT FOCUSING ON ACCOUNTING AND BUSINESS CONTINUING EDUCATIONAL OFFERINGS FOR ASPIRING PROFESSIONALS IN HIGHER EDUCATION AND WAS HELD IN DES MOINES, IA FOR 68 PARTICIPANTS. BEST PRACTICES PROGRAM BEST PRACTICES AWARD PROGRAM RECOGNIZES COLLEGES AND UNIVERSITIES WHO HAVE SUCCESSFULLY DEVELOPED A BEST PRACTICE TO RESPOND TO A PARTICULAR BUSINESS PROBLEM. THE CACUBO BEST PRACTICES AWARD SEEKS TO PROMOTE NEW APPROACHES TO THE PROBLEMS AND CHALLENGES FACING COLLEGE AND UNIVERSITY BUSINESS OPERATIONS. WEBINARS CACUBO OFFERS EDUCATION WEBINARS ON A VARIETY OF CURRENT AND RELEVANT TOPICS, PRESENTED BY INDUSTRY EXPERTS AND BUSINESS PARTNERS. THEY HOSTED 14 WEBINARS THROUGHOUT THE YEAR WITH A TOTAL OF 2,474 ATTENDEES.
LEADERSHIP WORKSHOP LEADERSHIP WORKSHOP IS A 2-DAY INTENSIVE LEADERSHIP DEVELOPMENT WORKSHOP TAILORED TO INSPIRE, ENCOURAGE, AND EMPOWER WOMEN TO MAKE A DIFFERENCE IN THE HIGHER EDUCATION INDUSTRY HELD IN NASHVILLE, TN FOR 53 PARTICIPANTS.
DRIVE IN WORKSHIPS DRIVE IN WORKSHOPS ARE LOW COST, SINGLE DAY, PROFESSIONAL DEVELOPMENT EVENTS FOR BUSINESS PROFESSIONALS IN HIGHER EDUCATION. IN 2024 THEY WERE HELD IN WISCONSIN FOR 41 PARTICIPANTS, MISSOURI FOR 22 PARTICIPANTS, KANSAS FOR 58 PARTICIPANTS AND MINNESOTA FOR 30 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Earl Bell At-Large Mem | Trustee | 1 | $0 |
Nancy Combs Constituency | Trustee | 1 | $0 |
Greg Deppong At-Large Mem | Trustee | 1 | $0 |
Katherine Girgis At-Large Mem | Trustee | 1 | $0 |
Ginger L Hintz At-Large Mem | Trustee | 1 | $0 |
Clair Knapp Immediate Pa | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $115,724 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,724 |
| Total Program Service Revenue | $475,355 |
| Investment income | $40,705 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $634,670 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $463 |
| Fees for services: Accounting | $17,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,047 |
| Advertising and promotion | $90,667 |
| Office expenses | $930 |
| Information technology | $86,161 |
| Royalties | $0 |
| Occupancy | $10,489 |
| Travel | $108,992 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $182,152 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,812 |
| All other expenses | $28,225 |
| Total functional expenses | $723,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $350,544 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $81,459 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,875,492 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,346,995 |
| Accounts payable and accrued expenses | $12,438 |
| Grants payable | $0 |
| Deferred revenue | $380,888 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $393,326 |
| Net assets without donor restrictions | $1,953,669 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,346,995 |