Overview
What is National Association Of College And University Business Officers?
The National Association of College and University Business Officers (NACUBO) is a Washington, D.C.-based nonprofit organization dedicated to improving financial and administrative management at institutions of higher education. With a team of 48 employees, NACUBO serves as an advocate for colleges and universities with Congress and federal agencies. They keep members informed of federal actions, solicit opinions and concerns, and advocate for their best interests. NACUBO's advocacy efforts are often coordinated with other higher education associations. Additionally, they conduct research, such as longitudinal studies on the higher education industry and short surveys on specific issues. NACUBO has received funding for a grant to develop strategic finance models prioritizing student equity, success, and completion initiatives. They facilitate the creation of frameworks, tools, and models to help institutions move towards sustainable, institution-wide financial and operational activities. NACUBO also manages a database for its membership and regional affiliated associations, improving member service through a content management system and association website. NACUBO recognizes institutional and individual excellence through an awards program.
Official website here: www.nacubo.org
Is National Association Of College And University Business Officers legitimate?
National Association Of College And University Business Officers is a legitimate nonprofit organization registered as a 501(c)(3) entity. National 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.
Here are some key statistics you may want to consider:
Executive Compensation: $1,678,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,532,299
For more financial information, click here
Official website here: www.nacubo.org
What is the mission statement of National Association Of College And University Business Officers?
The National Association of College and University Business Officers (NACUBO) strives to enhance financial and administrative management at institutions of higher education. Through its activities, NACUBO fosters professional ideals and standards in business and financial administration. NACUBO's primary mission is to improve financial and administrative management in higher education. To achieve this, NACUBO draws upon expertise, shares knowledge, offers technical assistance, and promotes innovation in business practices. NACUBO focuses on areas such as accounting and financial management, taxation, student financial services, and business operations, including information technology and facilities management.
Official website here: www.nacubo.org
Who is the CEO of National Association Of College And University Business Officers?
Lynne C Shaefer is the President And Ceo of National Association Of College And University Business Officers. The CEO's salary of National Association Of College And University Business Officers is $418,365 and their total compensation is $453,033.
Official website here: www.nacubo.org
What is the revenue of National Association Of College And University Business Officers?
National Association Of College And University Business Officers's revenue in 2022 was $19,712,645.
Official website here: www.nacubo.org
Who are the executives of National Association Of College And University Business Officers and what are their salaries?
The average compensation at National Association Of College And University Business Officers during 2022 was $108,559. There are 48 employees and 23 volunteers at National Association Of College And University Business Officers.
Here are 33 key members and their salaries (National Association Of College And University Business Officers's CEO's salary is $418,365 and their total compensation is $453,033):
- Susan Johnston (President And Ceo) [Trustee/Director]
- James Hundrieser (Vp,Consulting & Business Development)
- Elizabeth Clark (Vp, Policy & Research)
- Tyrene Harlason (Vp, Financial Servicer & Admin)
- Tadeletch Yimam (Vp, Digital Engagement)
- Timothy Roberson (Vp, Leadership & Development)
- Susan Menditto (Senior Director, Accounting Policy)
- Monica Dillingham (Chief Technology Officer)
- Mary Bachinger (Director, Tax Policy)
- Megan Schneider (Senior Director, Government Affairs)
- Rana Rose (Director, Financial Services)
- Susan Scroggins (Chair) [Trustee/Director]
- Nicole Trufant (Vice-Chair) [Trustee/Director]
- Keith Mcintosh (Secretary) [Trustee/Director]
- Robert G Moore (Immediate Past Chair) [Trustee/Director]
- Brad Baca (Director)
- Angela Blanton (Director)
- Hania Ferrara (Director)
- Kelly Fox (Director)
- Clair Knapp (Director)
- James S Matteo (Director)
- John Crawford (Director)
- Laura Hubbard (Director)
- Ruth A Johnston (Director)
- Susan A Maddux (Director)
- Robert Swanson (Director)
- Michael D Volna (Director)
- Russ Hannah (Director)
- Corey Bradford (Director (Left 12/2021))
- Jose Rodriquez (Director (Starting 3/2022))
- Brian Gutierrez (Director (Left 12/2021))
- Tashni-Ann Dubroy (Director (Starting 3/2022))
- Maryfrances Mccourt (Director)
Official website here: www.nacubo.org
Where can I find the form 990 for National Association Of College And University Business Officers?
The National Association Of College And University Business Officers’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nacubo.org
Learn more at the official website: www.nacubo.org
Mission Statement of National Association Of College And University Business Officers
The National Association of College and University Business Officers (NACUBO) is a leading organization with a mission to enhance financial and administrative management at institutions of higher education. This esteemed body focuses on developing, promoting, and refining business and financial principles and practices within the higher education sector. By fostering professional ideals and standards in business and financial administration, NACUBO strives to make a significant impact on the functioning of educational institutions.
At the heart of NACUBO's mission lies the pursuit of improved financial and administrative management in universities and colleges. To achieve this goal, the association brings together expertise, shares knowledge, offers technical assistance, and encourages innovation in business practices. The scope of this mission encompasses several crucial areas, including accounting and financial management, taxation, student financial services, and business operations.
In the realm of accounting and financial management, NACUBO's influence extends to endowments and debt management. By fostering best practices in these areas, the organization helps institutions maintain financial stability and sustainability. The association also pays close attention to taxation matters, ensuring that higher education institutions remain compliant with relevant regulations and optimize their financial resources.
The focus on student financial services involves advocating for policies that benefit students, promoting transparency and affordability, and addressing the unique challenges faced by students. In the area of business operations, NACUBO emphasizes the importance of information technology and facilities management for the effective and efficient functioning of institutions. Through its various initiatives, the National Association of College and University Business Officers plays a vital role in shaping the financial landscape of higher education institutions across the nation.
Impact
This information is meant to be a general summary of National 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.
Thursday, August 15, 2024
The National Association of College and University Business Officers (NACUBO) plays a crucial role in advocating for the best interests of colleges and universities with Congress and federal agencies. By keeping its members informed of federal actions, soliciting member opinions and concerns, and coordinating advocacy efforts with other associations in higher education, NACUBO serves as a vital voice for the industry.
In addition to advocacy, NACUBO undertakes important research studies that are essential to the higher education sector, such as annual studies on college and university endowments. This research helps institutions stay informed and make data-driven decisions.
Furthermore, NACUBO receives grants to develop strategic finance models that prioritize student equity, success, and completion initiatives. By facilitating the creation of frameworks, tools, and models to move institutions towards sustainable financial and operational activities, NACUBO is actively contributing to improving outcomes for students.
Through its awards program, NACUBO also recognizes institutional and individual excellence in financial and endowment management, professional development, and more. This recognition not only rewards outstanding achievement but also encourages innovation and excellence in the field of business administration in higher education.
Overall, NACUBO's impact is significant in improving financial and administrative management at institutions of higher education, fostering professional standards and ideals, and advocating for the best interests of colleges and universities on a national level.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING FEES
Revenue
$1,743,576
CONFERENCES, WORKSHOPS & SEMINARS
Revenue
$1,615,358
ADVERTISING
Revenue
$172,765
Organization Details
Founding Year
1956
Phone
(202) 861-2500
Principal Officer
Lynne C Shaefer
Main Address
1110 VERMONT AVENUE NW 800, WASHINGTON, DC, 20005
Website
www.nacubo.org
NTEE Category
Code: S41 - Community improvement
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