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Central Association Of College And University Business Officers

Cacubo

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 731079052 ✦ Bowling green, OH ✦ Designated as a 501(c)(3)

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Overview

What is Central Association Of College And University Business Officers?

The Central Association of College and University Business Officers (CACUBO) is a nonprofit organization situated in Bowling Green, Ohio. Its main objective is to enhance the financial management and business administration in educational institutions. CACUBO achieves this by offering professional development opportunities and leadership training for various levels of staff involved in business and financial management. The organization held its annual meeting in September 2022, bringing together 438 participants in St. Louis, Missouri, for networking, seminars, and interactive sessions with industry experts. The association also collaborates with business partners, providing information and exhibits at their annual events.


Official website here: www.cacubo.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating

The Central Association of College and University Business Officers has received a solid Three-Star rating from Charity Navigator, with an overall score of 76%. This rating is primarily based on the organization’s accountability and finance practices, which are essential indicators of effective governance and transparency. The high score reflects the charity's strong adherence to best practices in financial management and accountability.

One of the organization’s notable strengths is its completely independent board, which consists of 14 members, earning full points for both the majority of independent board members and independent board size. Additionally, the charity has demonstrated effective safeguards against financial mismanagement, as evidenced by the absence of material asset diversions and the presence of comprehensive policies such as conflict of interest and whistleblower protections.

While the program expense ratio is commendable at 65.87%, indicating that a significant portion of its expenses are directed towards its mission, it falls slightly short of the optimal threshold set by Charity Navigator. Overall, the Central Association of College and University Business Officers shows a robust commitment to accountability and effective financial oversight, though there is room for improvement in maximizing program expenditures.


This AI summary has been generated from information found on Charity Navigator.

Is Central Association Of College And University Business Officers legitimate?

Central Association Of College And University Business Officers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Association Of College And University Business Officers submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cacubo.org

What is the mission statement of Central Association Of College And University Business Officers?

The Central Association of College and University Business Officers (CACUBO) is committed to enhancing financial management and business administration within the educational sector. Their primary goal is to offer professional development opportunities and leadership training for individuals at various levels within business and financial management. This association strives to uphold the profession's ideals, ethics, and standards. To achieve this, CACUBO organizes events like their annual meeting, which provides a platform for interaction with fellow business officers, speakers, and seminars on relevant topics. The meeting also features information and exhibits sponsored by business partners.


Official website here: www.cacubo.org

Who is the CEO of Central Association Of College And University Business Officers?

Bob Swanson is the At-Large Mem of Central Association Of College And University Business Officers.


Official website here: www.cacubo.org

What is the revenue of Central Association Of College And University Business Officers?

Central Association Of College And University Business Officers's revenue in 2023 was $655,837.


Official website here: www.cacubo.org

Who are the executives of Central Association Of College And University Business Officers and what are their salaries?

There 63 volunteers at Central Association Of College And University Business Officers.


Here are 14 key members and their salaries:


Earl Bell (At-Large Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Combs (Constituency)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Crawford (At-Large Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Deppong (At-Large Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginger L Hintz (At-Large Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clair Knapp (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mandeville (At-Large Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shari Mayer (1St Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Sanial (Constituency)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Swanson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Tatro (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Volna (2Nd Past Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Volpatti (2Nd Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katrina Yoakum (Constituency)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cacubo.org

Where can I find the form 990 for Central Association Of College And University Business Officers?

Central Association Of College And University Business Officers's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cacubo.org

Learn more at the official website: www.cacubo.org

Mission Statement of Central Association Of College And University Business Officers

The Central Association of College and University Business Officers, often abbreviated as CACUBO, is dedicated to enhancing the financial management and business administration of higher education institutions. Its primary objective is to promote the profession's ideals, ethics, and standards. To achieve this, CACUBO offers professional development opportunities and leadership training for staff at all levels within the business and financial management sectors. The association aims to equip these individuals with the necessary skills and knowledge to effectively manage their institutions' finances and operations. This mission is carried out through various means, including annual meetings, seminars on specific topics, and information and exhibits sponsored by business partners. These events provide a platform for direct interaction with fellow business officers and speakers, fostering a collaborative environment and promoting continuous learning and improvement in the field.

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Impact




July, 2024

The Central Association of College and University Business Officers (CACUBO) plays a crucial role in improving college and university financial management and business administration. By providing professional development opportunities and leadership training for staff at all levels involved in business and financial management, CACUBO contributes to enhancing the effectiveness and efficiency of financial operations within higher education institutions.

Furthermore, through its annual meeting, CACUBO offers a platform for business officers to connect with peers, learn from experts on a range of relevant topics, and access valuable information and resources provided by business partners. This event serves as a hub for networking, knowledge sharing, and professional growth within the field of higher education financial management.

Overall, CACUBO's impact can be seen in its efforts to promote the profession's ideals, ethics, and standards, ultimately contributing to the overall success and sustainability of colleges and universities in fulfilling their academic missions.




This information is meant to be a general summary of Central Association Of College And University Business Officers. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$655,837 (2023)
Expenses
$656,525 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $54,444
  • Program Service Revenue: $467,883
  • Gross Receipts: $655,837

Assets and Liabilities:

  • Total Assets: $2,189,922
  • Total Liabilities: $366,161
  • Net Assets: $1,823,761

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ANNUAL MEETING

Revenue

$380,252

LEADERSHIP INSTITUTE

Revenue

$50,700

CABOW WORKSHOP

Revenue

$32,680

DRIVE IN WORKSHOP

Revenue

$4,251

Organization Details

Founding Year

1987

Principal Officer

Bob Swanson

Main Address

1851 N RESEARCH DRIVE, BOWLING GREEN, OH, 43043

NTEE Category

Code: B40 - Education

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