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National Association of College And

Public charity990-T FY2023
DBA: UNIVERSITY BUSINESS OFFICERS
Other · WASHINGTON, DC · EIN 53-0259954

About

The usual public activities of the national association of college and university business officers (nacubo) are to develop, promote, and improve business and financial principles and practices in the administration of institutions of higher education and to foster among member institutions professional ideals and standards in business and financial administration.nacubo's CORE mission is to improve financial and administrative management at institutions of higher education. To this END, nacubo marshals expertise, shares knowledge, provides technical assistance, and encourages innovation in business practices. Areas of focus include accounting and financial management including endowments and DEBT, taxation, student financial services, and business operations including information technology and facilities management.

DBA University Business Officers

Donations are tax-deductible
Category
Other
Employees
50
Volunteers
22

Financial Snapshot

FY ending 2024-05-31
Revenue
$16.4M
Expenses
$17.3M
Assets
$39.8M
Liabilities
$19.3M

Financial history

$19.7M$9.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $16.4M · Peak FY2022: $19.7M · Avg: $17.1M

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
Lobbying
$59K
Grants Given
$233K
NATIONAL ASSOCIATION OF COLLEGE AND
Your actions

Address

1110 Vermont AVE NW STE 800
Washington, DC, 20005-359

Governance

Voting board members23
Independent members22
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %89.7%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
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