Southern Association Of College And University Business Officers Inc
- Assets
- $1.4m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 06/1994
- Data as of
- 05/2023
- EIN
- 76-0427292
Organization Overview
Southern Association Of College And University Business Officers Inc is located in Seattle, WA. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Association Of College And University Business Officers Inc 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 05/2023, Southern Association Of College And University Business Officers Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.5m during the year ending 05/2023. While expenses have increased by 4.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INFORM HIGHER EDUCATION INSTITUTIONS IN THE SOUTHERN U.S. ON ISSUES THAT AFFECT THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE - ANNUAL MEETING OF BUSINESS OFFICERS FOR PURPOSE OF CONTINUING EDUCATION AND MANAGEMENT OF BUSINESS AFFAIRS OF EDUCATIONAL INSTITUTIONS. THE 2023 ANNUAL MEETING WAS HELD IN TAMPA, FL FROM APRIL 23-25, 2023. THERE WERE TWO GENERAL SESSIONS, FASB/GASB UPDATES, EIGHT CONCURRENT SESSIONS, AND A MYRIAD OF NETWORKING OPPORTUNITIES.
COLLEGE BUSINESS MANAGEMENT INSTITUTE - CO-SPONSORED BY SACUBO AND THE UNIVERSITY OF KENTUCKY, THE COLLEGE BUSINESS MANAGEMENT INSTITUTE (CBMI) OFFERS AN INTENSIVE COURSE OF STUDY IN BUSINESS AND FINANCIAL MANAGEMENT FOR ADMINISTRATORS OF COLLEGES AND UNIVERSITIES. RANGING FROM ENTRY-LEVEL TO ADVANCED, OVER 70 COURSES WILL BE TAUGHT DURING CBMI 2022 BY DISTINGUISHED FACULTY WHO ARE PRACTICING ADMINISTRATORS AND LEADERS IN THEIR FIELDS.
FALL WORKSHOP - SACUBO'S FALL WORKSHOP TAKES PLACE ANNUALLY. THE WORKSHOP FEATURES NATIONALLY-RECOGNIZED SPEAKERS AND SUBJECT-MATTER EXPERTS ON A VARIETY OF TOPICS OF IMPORTANCE TO HIGHER EDUCATION BUSINESS PROFESSIONALS. THE 2023 FALL WORKSHOP WAS HELD IN ALEXANDRIA, VA FROM NOVEMBER 1-3, 2023.
WOMEN'S LEADERSHIP FORUM - SACUBO HAS HOSTED THE ANNUAL WOMEN'S LEADERSHIP FORUM FOR THE LAST 8 YEARS. THE 2022 WLF WAS HELD IN CHARLOTTE, NC FROM MARCH 1-3, 2023. THE PROGRAM IS DESIGNED TO PROVIDE SPEAKERS WHO ARE EXPERTS IN TOPICS RELATED TO WOMEN IN LEADERSHIP POSITIONS, HIGH-LEVEL EXECUTIVE COACHING SESSIONS, INTERACTIVE GROUP DISCUSSIONS, AND NETWORKING OPPORTUNITIES TO HELP YOU POSITION YOURSELF FOR EFFECTIVE LEADERSHIP AND EXECUTIVE PLACEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Crawford President | OfficerTrustee | 6 | $0 |
Noel Sloan 1st Vice President | OfficerTrustee | 4 | $0 |
Darrell Duncan 2nd Vice President | OfficerTrustee | 4 | $0 |
Debbie Walker 3rd Vice President | OfficerTrustee | 4 | $0 |
Brenna Dixon Secretary | OfficerTrustee | 1 | $0 |
Michael Ebbs Treasurer | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nacubo Consulting And Management Services | 5/30/20 | $414,385 |
Disney Destinations Annual Meeting Hotel | 5/30/20 | $264,476 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $316,950 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $316,950 |
| Total Program Service Revenue | $981,193 |
| Investment income | $12,576 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$13,963 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,296,806 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,000 |
| Grants and other assistance to domestic individuals. | $10,000 |
| 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 | $266,370 |
| Fees for services: Legal | $3,046 |
| Fees for services: Accounting | $20,958 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,772 |
| Fees for services: Other | $97,654 |
| Advertising and promotion | $12,720 |
| Office expenses | $44,344 |
| Information technology | $18,016 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $132,576 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $811,138 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,076 |
| All other expenses | $42,264 |
| Total functional expenses | $1,485,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $473,310 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $94,529 |
| 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 | $1,103 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $791,479 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,360,421 |
| Accounts payable and accrued expenses | $90,082 |
| Grants payable | $0 |
| Deferred revenue | $245,700 |
| 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 | $335,782 |
| Net assets without donor restrictions | $1,024,639 |
| 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 | $1,360,421 |