Overview
What is Southern Association Of College And University Business Officers Inc?
The Southern Association of College and University Business Officers Inc, located in Seattle, Washington, serves as a nonprofit organization dedicated to supporting higher education institutions in the Southern United States. Their primary mission is to inform these institutions about financial and administrative matters that impact them. They accomplish this through professional development, thought leadership, and advocacy for relevant issues. The organization hosts annual conferences, such as the 2022 event in San Antonio, Texas, which included general sessions, updates on FASB/GASB, concurrent sessions, and numerous networking opportunities. SACUBO's goal is to contribute to superior financial and administrative services in higher education by providing continuous education and advocacy.
Official website here: www.sacubo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Southern Association of College and University Business Officers Inc has achieved an impressive score of 96%, reflecting a strong commitment to accountability and finance. This high rating indicates that the organization operates with a high level of transparency and responsible financial management, essential for maintaining trust with its stakeholders.
One of the notable strengths of this nonprofit is its fully independent board, which consists of 20 members, showcasing governance that prioritizes integrity and objectivity. Additionally, the organization has implemented comprehensive policies such as conflict of interest and whistleblower policies, ensuring ethical practices throughout its operations. Furthermore, its financial metrics, including a program expense ratio of 69.67%, signify a focus on effective resource allocation towards its mission.
While the organization excels in several areas, it is important to note that the overall score is derived entirely from a single beacon score focused on accountability and finance. This could imply a lack of detailed assessment in other critical areas, such as program impact or community engagement, which are also vital in evaluating a nonprofit's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Association Of College And University Business Officers Inc legitimate?
Southern Association Of College And University Business Officers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Association Of College And University Business Officers Inc 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: $130,674
For more financial information, click here
Official website here: www.sacubo.org
What is the mission statement of Southern Association Of College And University Business Officers Inc?
The Southern Association of College and University Business Officers Inc, often referred to as SACUBO, serves to enlighten higher education institutions in the southern United States on matters that significantly impact them. Their mission is to enhance superior financial and administrative services in higher education through pertinent professional development, influential thought leadership, and advocacy on relevant issues. SACUBO achieves this by providing an annual conference, which serves as a gathering for business officers to engage in continuing education and manage the affairs of their educational institutions. The conference typically includes general sessions, updates on financial regulations, concurrent sessions, and numerous networking opportunities.
Official website here: www.sacubo.org
Who is the CEO of Southern Association Of College And University Business Officers Inc?
John Crawford is the Principal Officer of Southern Association Of College And University Business Officers Inc.
Official website here: www.sacubo.org
What is the revenue of Southern Association Of College And University Business Officers Inc?
Southern Association Of College And University Business Officers Inc's revenue in 2022 was $1,279,936.
Official website here: www.sacubo.org
Who are the executives of Southern Association Of College And University Business Officers Inc and what are their salaries?
There 75 volunteers at Southern Association Of College And University Business Officers Inc.
Here are 19 key members and their salaries:
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Official website here: www.sacubo.org
Where can I find the form 990 for Southern Association Of College And University Business Officers Inc?
Southern Association Of College And University Business Officers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sacubo.org
Learn more at the official website: www.sacubo.org
Mission Statement of Southern Association Of College And University Business Officers Inc
The Southern Association of College and University Business Officers Inc serves a vital role in the higher education sector of the Southern United States. Their primary mission is to enlighten and equip institutions within this region with insights on matters that significantly impact their operations. By providing pertinent professional development, spreading thought leadership, and advocating for important issues, this organization contributes to the enhancement of superior financial and administrative services in higher education.
In essence, Southern Association of College and University Business Officers Inc aims to support the successful operation of educational institutions by offering a platform for continuous education, management of business affairs, and the exchange of ideas among business officers. They achieve this through annual conferences, which provide networking opportunities, general sessions, and a variety of concurrent sessions, all designed to contribute to the growth and improvement of higher education institutions. The 2022 annual meeting, for instance, was held in San Antonio, TX, attracting business officers for a productive gathering focused on the management of their institutions' affairs.
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Impact
July, 2024
The Southern Association of College and University Business Officers Inc's impact lies in its contribution to superior higher education financial and administrative services by providing relevant professional development, thought leadership, and issue advocacy to inform higher education institutions in the southern U.S. on critical issues that affect them. This impact is primarily achieved through the organization's annual conference, which serves as a platform for business officers to engage in continuing education and effectively manage the business affairs of educational institutions. The recent 2022 annual meeting held in San Antonio, TX featured general sessions, updates from FASB/GASB, concurrent sessions, and valuable networking opportunities, further enhancing the organization's impact on the higher education community.
This information is meant to be a general summary of Southern Association Of College And University Business Officers Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $48,311
- Program Service Revenue: $898,625
- Gross Receipts: $1,279,936
Assets and Liabilities:
- Total Assets: $2,013,479
- Total Liabilities: $813,934
- Net Assets: $1,199,545
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION
Revenue
$481,875
MEMBERSHIP DUES
Revenue
$306,175
EXHIBITOR FEES
Revenue
$110,000
DRIVE IN WORKSHOP
Revenue
$575
Organization Details
Founding Year
1928
Phone
(206) 210-7751Principal Officer
John Crawford
Main Address
2150 N 107TH ST SUITE 205, SEATTLE, WA, 98133
Website
www.sacubo.orgNTEE Category
Code: Z99Z - Unknown
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