2024-02-22T19:10:49-06:00 2023-06-30 481108284 IFFT & CO PA 11030 GRANADA LN SUITE 100 OVERLAND PARK KS 66211 990 2022-07-01 480581966 STUDENT UNION CORPORATION OF THE UNIVERSITY OF KANSAS MEDICAL CENTER STUD 9135881443 3901 RAINBOW BOULEVARD KANSAS CITY KS 661607809 KATHERINE GIRGIS TREASURER 9135881443 2024-02-14 1 KATHERINE GIRGIS 999009999 0 MARK W EATON P00556079 9133451120 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATHERINE GIRGIS 3901 RAINBOW BOULEVARD KANSAS CITY KS 661607809 64567 0 X N/A X 1941 KS THE STUDENT UNION CORPORATION OPERATES AS A NON-PROFIT SERVICE ORGANIZATION IN AND FOR THE INTEREST OF ALL DULY ENROLLED STUDENTS, FACULTY AND ADMINISTRATIVE STAFF ON THE KANSAS CITY CAMPUS OF THE UNVERSITY OF KANSAS. 17 8 0 0 0 0 16815 16815 11102 16648 4322 3016 23000 28088 55239 64567 69250 115750 0 0 0 0 0 0 0 56288 31728 125538 147478 -70299 -82911 333423 192998 69250 11736 264173 181262 X THE STUDENT UNION CORPORATION OPERATES AS A NON-PROFIT SERVICE ORGANIZATION IN AND FOR THE INTEREST OF ALL DULY ENROLLED STUDENTS, FACULTY, AND ADMINISTRATIVE STAFF ON THE KANSAS CITY CAMPUS OF THE UNIVERSITY OF KANSAS. 0 0 135315 115750 16648 THE STUDENT UNION CORPORATION OPERATES AS A NON-PROFIT SERVICE ORGANIZATION IN AND FOR THE INTEREST OF ALL DULY ENROLLED STUDENTS, FACULTY, AND ADMINISTRATIVE STAFF ON THE KANSAS CITY CAMPUS OF THE UNIVERSITY OF KANSAS. THE CORPORATION PROVIDES GOODS AND SERVICES TO MEET THE PHYSICAL, SOCIAL, CULTURAL AND ACADEMIC NEEDS OF THE STUDENTS, FACULTY, STAFF, ALUMNI, FRIENDS AND VISITORS ON A BASIS CONSISTENT WITH THE MISSION OF THE MEDICAL CENTER AND THE UNIVERSITY OF KANSAS. VENDING MACHINES AND ATMS ARE PROVIDED FOR THE CONVENIENCE OF STUDENTS, FACULTY, AND ADMINISTRATIVE STAFF. THE ORGANIZATION SIGNED A THIRD-PARTY CONTRACT WITH A RELATED PARTY, THE UNIVERSITY OF KANSAS MEMORIAL CORPORATION, TO OPERATE THE BOOKSTORES ON THE CAMPUSES OF THE UNIVERSITY OF KANSAS MEDICAL CENTER. THE PARTIES ENTERED INTO A RENEWED LEASE OF FIVE YEARS, EFFECTIVE DATE OF SEPTEMBER 1, 2016. THE UNIVERSITY OF KANSAS MEMORIAL CORPORATION PAYS THE ORGANIZATION A MINIMUM ANNUAL COMMISSION OF $22,800, PAYABLE IN MONTHLY INSTALLMENTS. ADDITIONAL COMMISSIONS WILL COMMENCE IF SALES EXCEED $1,250,000. EFFECTIVE AUGUST 1, 2018, THE MINIMUM AMOUNT WAS REVISED TO $16,815 DUE TO THE CLOSING OF THE WICHITA BOOKSTORE. 135315 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 8 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 KS X KATHERINE GIRGIS 9135881443 3901 RAINBOW KANSAS CITY KS 661607809 ROBERT KLEIN PRESIDENT 1.00 X X 0 374479 46286 RYAN GOVE VICE PRESIDENT 1.00 X X 0 92898 18029 KATHERINE GIRGIS TREASURER 1.00 X X 0 129846 29308 KATIE LEWIS SECRETARY 1.00 X X 0 57679 20125 ELLEN BIETZ DIRECTOR 0.30 X 0 74892 21954 EDMOND CARRILLO DIRECTOR 0.30 X 0 94578 45486 GEORGE ENDERS DIRECTOR 0.30 X 0 0 0 SHELLEY BHATTACHARYA DIRECTOR 0.30 X 0 76150 17355 PAM SHAW DIRECTOR 0.30 X 0 207552 42133 NATE MATTSON DIRECTOR 0.30 X 0 63189 16354 JACK AYERS DIRECTOR 0.30 X 0 0 0 STEPHANIE MATTHEWS DIRECTOR 0.30 X 0 0 0 KYLE RAMPETSREITER DIRECTOR 0.30 X 0 0 0 CONNOR MATHES DIRECTOR 0.30 X 0 0 0 JACK KOVARIK DIRECTOR 0.30 X 0 0 0 MACKENZIE GWINNER DIRECTOR 0.30 X 0 0 0 NATHANAEAL GARCIA DIRECTOR 0.30 X 0 0 0 0 1171263 257030 0 0 1 0 0 16815 16815 VENDING MACHINES 611710 11698 11698 ATM INCOME 611710 4950 4950 16648 3016 3016 23000 23000 5088 0 5088 5088 5088 64567 16648 0 31104 115750 115750 11081 11081 936 936 STUDENT ACTIVITIES 17851 17851 STUDENT RECREATION 1714 1714 MISCELLANEOUS 146 146 147478 135315 12163 0 19642 308427 180249 2933 10640 2421 2109 333423 192998 69250 6736 0 5000 69250 11736 X 264173 181262 264173 181262 333423 192998 -82911 0 X X 0 1 X 0 0 X 16815 16816 16815 16815 16815 84076 19175 19175 19175 19175 19175 95875 35990 35991 35990 35990 35990 179951 179951 32507 34257 26081 27322 31104 151271 998 998 332220 84735 0.54170 0.53770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SECURITY DEPOSIT 5000 5000 X 83742 19175 19175 64567 0 64567 166653 19175 19175 147478 0 147478 PART X, LINE 2: THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAXING AUTHORITY. THE ORGANIZATION IS SUBJECT TO INCOME TAX REGULATIONS IN THE U.S. FEDERAL JURISDICTION AND CERTAIN STATE JURISDICTIONS. TAX REGULATIONS WITHIN EACH JURISDICTION ARE SUBJECT TO THE INTERPRETATION OF THE RELATED TAX LAWS AND REGULATIONS AND REQUIRE SIGNIFICANT JUDGMENT TO APPLY. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE APPLICABLE TAX AUTHORITIES FOR THE YEARS BEFORE 2020. IF ANY WERE TO BE INCURRED, THE ORGANIZATION'S POLICY IS TO RECORD PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES AS OPERATING EXPENSES. 1 SCHOLARSHIP TO STUDENTS ATTENDING THE UNIVERSITY OF KANSAS MEDICAL SCHOOL 134 65750 TRAVEL ASSISTANCE TO STUDENTS ATTENDING THE UNIVERSITY OF KANSAS MEDICAL SCHOOL 176 50000 PART I, LINE 2: THE RECIPIENTS OF THE CORPORATION'S SCHOLARSHIP PROGRAMS ARE CHOSEN BY THE UNIVERSITY OF KANSAS MEDICAL CENTER FINANCIAL AID OFFICE. THE SCHOLARSHIPS ARE BASED ON FINANCIAL NEED OR ACADEMIC ACHIEVEMENTS AND THE STUDENT'S INVOLVEMENT IN COMMUNITY AND CAMPUS REFLECTING POSITIVELY IN THE HEALTHCARE FIELD. THE STUDENTS COMPLETE AN APPLICATION THAT IS SUBMITTED TO A THREE PERSON AWARDS COMMITTEE THAT EVALUATES AND SELECTS THE RECIPIENTS. 0 0 0 0 0 0 0 0 0 ROBERT KLEIN PRESIDENT 0 374479 0 0 0 0 0 31170 0 15116 0 420765 0 0 PAM SHAW DIRECTOR 0 207552 0 0 0 0 0 18351 0 23782 0 249685 0 0 KATHERINE GIRGIS TREASURER 0 129846 0 0 0 0 0 11753 0 17555 0 159154 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER ENSURES THE SUBMISSION OF IRS FORM 990 AFTER IT HAS BEEN CAREFULLY REVIEWED. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION BY REQUEST. FORM 990, PART XII, QUESTION 2C: THE PROCESS FOR OVERSEEING THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. UNIVERSITY OF KANSAS 1450 JAYHAWK BLVD LAWRENCE KS 66045 481124839 EDUCATION KS 115(A) 0 UNIVERSITY OF KANSAS MEMORIAL CORPORATION 1301 JAYHAWK BLVD LAWRENCE KS 66045 486033927 RETAIL KS 501(C)(3) LINE 5 0 UNIVERSITY OF KANSAS CENTER FOR RESEARCH INC 2385 IRVING HILL ROAD LAWRENCE KS 66045 480680117 ADMINISTRATION KS 501(C)(3) LINE 5 0 KU HEALTH PARTNERS INC 3901 RAINBOW BLVD MS 2011 KANSAS CITY KS 66160 481149398 HEALTH CARE KS 501(C)(3) LINE 5 0 UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE INC 3901 RAINBOW BLVD KANSAS CITY KS 66160 481008830 ADMINISTRATION KS 501(C)(3) LINE 5 0 KU CENTER FOR TECHNOLOGY COMMERCIALIZATION INC 3901 RAINBOW BLVD MS 1039 KANSAS CITY KS 66160 262838693 PATENTS KS 501(C)(3) LINE 5 0 KU MEDICAL CENTER RESEARCH PROPERTIES 3901 RAINBOW BLVD KANSAS CITY KS 66160 481172394 REAL ESTATE KS 501(C)(2) 0 KANSAS ATHLETICS INCORPORATED 1651 NAISMITH DRIVE LAWRENCE KS 66045 486033929 ATHLETICS KS 501(C)(3) LINE 5 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0