2025-05-15T13:12:46+00:00 2024-06-30 990 2023-07-01 237357236 University of South Florida Alumni Association Inc UNIV 8139747224 4202 East Fowler Ave ALC 100 Tampa FL 33620 William McCausland Executive Director 8139741801 2025-05-15 2023 2025-03-06 01:10:19Z William McCausland 4202 East Fowler Ave ALC 100 Tampa FL 33620 6003247 false X www.usfalumni.org X 1969 FL The mission of the USF Alumni Association is to foster a mutually beneficial, lifelong relationship between the University and its alumni; to inspire loyalty and pride among current and future alumni; and to advocate for excellence in teaching, research, and public service. 26 22 0 250 71498 6514 1933624 2026595 237017 231940 -36139 230867 399762 343247 2534264 2832649 71135 115300 0 459389 483943 0 111979 2091162 2142475 2621686 2741718 -87422 90931 10410631 11369450 3084163 3115523 7326468 8253927 THE MISSION OF THE USF ALUMNI ASSOCIATION IS TO FOSTER A MUTUALLY BENEFICIAL, LIFELONG RELATIONSHIP BETWEEN THE UNIVERSITY AND ITS ALUMNI; TO INSPIRE LOYALTY AND PRIDE AMONG CURRENT AND FUTURE ALUMNI; AND TO ADVOCATE FOR EXCELLENCE IN TEACHING, RESEARCH AND PUBLIC SERVICE. false false 2336456 429180 ASSISTING THE UNIVERSITY OF SOUTH FLORIDA IN MAINTAINING AND ENHANCING THE MUTUALLY BENEFICIAL RELATIONSHIP BETWEEN THE UNIVERSITY AND ITS ALUMNI, AS WELL AS PROVIDING FUNDS FOR SCHOLARSHIPS. 2336456 true true false false false false false false true false true false false true true true false false false false false false false true false false false true true false false false false false false false false true false false false false true false false false true X 0 0 0 true true false false false true true true true false false false false false false X 26 22 false false false false true true false true false true true true true true true true true true true false FL X Robert Fischman 8139741801 4202 East Fowler Ave ALC 100 Tampa FL 33620 Balaji Ramadoss Secretary 1.0 X X 0 0 0 Braulio Coln Past Chair 1.0 40.0 X X 0 183596 29472 Christine Turner Chair 1.0 X X 0 0 0 Juan Soltero Treasurer 1.0 X X 0 0 0 Sally Dee Vice- Chair 1.0 X X 0 0 0 Allison Madden Director 1.0 40.0 X 0 174193 28611 Ashley Butler Director 1.0 X 0 0 0 David Hollis Director 1.0 X 0 0 0 Diana Michel Director 1.0 X 0 0 0 Elizabeth Volmy Director 1.0 X 0 0 0 Emily Coln Director 1.0 X 0 0 0 Gina Kafalas Director 1.0 X 0 0 0 Jay Stroman USF Senior Vice President- Advancement and Alumni Affairs 1.0 40.0 X 0 655473 50194 Jennifer Condon USF Designee 1.0 40.0 X 0 307528 36097 Kerine Black Director 1.0 X 0 0 0 Luz Randolph Director 1.0 X 0 0 0 Maja Lacevic Director 1.0 X 0 0 0 Mark Giddarie Director 1.0 X 0 0 0 Maya Brown Director 1.0 X 0 0 0 Misty Akers Director 1.0 X 0 0 0 Ram Kancharla Director 1.0 X 0 0 0 Sara DuCuennois Director 1.0 X 0 0 0 Sean Schrader Director 1.0 X 0 0 0 Todd St John-Fulton Director 1.0 X 0 0 0 Verlon Salley Director 1.0 X 0 0 0 Will Perez Director 1.0 X 0 0 0 William McCausland USF Alumni Association Vice President and Executive Director 40.0 X 0 234736 33646 Jay Hardwick USF Alumni Association Associate Executive Director 40.0 X 0 121120 26218 Kathy Bunch Program Director 40.0 X 0 102076 25333 0 1778722 229571 2 false true false 0 129829 76735 1199873 363260 256898 35415 2026595 Membership Dues 43276 43276 Alumni Events 108680 108680 Advertising 900099 55433 55433 Merchandising 448000 10659 8486 2173 Travel 900099 13892 13892 0 0 0 0 231940 -51005 -51005 347895 347895 0 0 3340964 3059092 281872 0 281872 281872 106858 76735 111506 -4648 -4648 0 0 0 0 0 2832649 160442 71498 574114 115300 115300 483943 387155 48394 48394 40371 40371 77537 29204 48333 0 42567 42567 76103 74061 2042 13677 12618 988 71 41303 41303 Employee Leasing 1264198 1054472 146212 63514 Event Services 312568 309927 2641 Postage and Printing 217482 216866 616 Other 56669 56315 354 0 0 0 0 2741718 2338856 290883 111979 3859 13180 8393 22111 8639 53988 0 0 0 0 30693 24478 0 0 0 0 10195366 11032011 0 163681 223682 10410631 11369450 226947 133895 2785870 2913464 0 0 71346 68164 3084163 3115523 5618518 6365235 1707950 1888692 7326468 8253927 10410631 11369450 90931 836527 0 X false true X true false X X 1 University of South Florida 593102112 5 true 115300 0 1 115300 0 true false false false false false false false false false false false false false false true true false X Schedule A, Part IV, Section E, Line 1c THE ORGANIZATION SUPPORTED A GOVERNMENT ENTITY EXPLANATION THE ASSOCIATION HELPS ALUMNI STAY CONNECTED AND PROVIDES MEANINGFUL WAYS TO SUPPORT, PROMOTE AND PROTECT THEIR UNIVERSITY. Schedule A, Part IV, Section E, Line 1c The Organization Supported A Government Entity Explanation The Association helps alumni stay connected and provides meaningful ways to support, promote and protect their University. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9336527 225449 691800 10253776 8777565 334721 224241 9336527 9834394 559375 -1616204 8777565 7620930 155497 2057967 9834394 7315694 337293 -32057 7620930 0.84 0.16 false true true Operating Pool Foundation 710062 Endowment Pool Foundation 10253776 Beneficial interest assets 68173 11032011 Life beneficiaries obligation 44399 Deferred inflows of resources 23765 68164 X 3778283 836528 109106 945634 2832649 0 0 2832649 2850824 109106 109106 2741718 0 0 2741718 Schedule D, Part V, Line 4 Intended uses of endowment funds THE ASSOCIATION ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS PROVIDING BOTH SCHOLARSHIP AND PROGRAM SUPPORT. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE ASSOCIATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS THE ORIGINAL VALUE OF GIFTS DONATED TO PERMANENT ENDOWMENT AND THE ORIGINAL VALUE OF SUBSEQUENT GIFTS. THE REMAINING PORTION OF THE DONOR-RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE ORGANIZATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY THE FLORIDA UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT. UNRESTRICTED ENDOWMENTS CONSIST OF NET ASSETS WITH RESTRICTIONS PLACED ON THEIR USE BY THE ASSOCIATION'S BOARD OF DIRECTORS. ALUMNI ENDOWMENTS ARE INVESTED WITH THE UNIVERSITY OF SOUTH FLORIDA FOUNDATION'S ENDOWMENT POOL AND FOLLOW THEIR INVESTMENT AND SPENDING POLICIES. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ASSOCIATION HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. INCOME EARNED IN THE FURTHERANCE OF THE ASSOCIATION'S TAX EXEMPT PURPOSES IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE ASSOCIATION FOLLOWS THE PROVISIONS OF THE ACCOUNTING STANDARDS CODIFICATION NO. 740 10 25 (ASC 740-10-25), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10-25 PRESCRIBES THE MINIMUM RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. ASC 740-10-25 PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE ASSOCIATION HAS DETERMINED THAT IT HAS NOT TAKEN ANY UNCERTAIN TAX POSITION THAT HAS A MATERIAL IMPACT ON ITS FINANCIAL POSITION, CHANGE IN NET ASSETS, OR CASH FLOWS FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Fundraising Expense - 111506 In-Kind Advertising - -2400 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising expense - 111506 In-Kind Advertising - -2400 Green and Gold Gala 183593 76735 106858 84032 15915 11559 0 0 183593 76735 106858 84032 15915 11559 111506 -4648 Schedule G, Part II Fundraising Receipts FORM 990 REPORTING REQUIRES CONTRIBUTIONS FROM FUNDRAISING EVENTS BE REPORTED ON LINE 1C, PART VIII; THEREFORE, LINE 2, PART II, SCHEDULE G SUBTRACTS CONTRIBUTIONS FROM FUNDRAISING RECEIPTS. THIS RESULTS IN INCOME OF $69,709 FROM THE FUNDRAISING EVENTS ON LINE 11, SCHEDULE G WITH THE $72,086 OF CONTRIBUTIONS REFLECTED ON LINE 1C, PART VIII. true Scholarship Support 1 115300 Schedule I, Part I, Line 1 PROCEDURES FOR MONITORING USE OF GRANT FUNDS. SCHOLARSHIPS ARE AWARDED EACH SEMESTER BASED ON SCHOLARSHIP ELIGIBILITY CRITERIA. THESE AWARDS ARE DISBURSED THROUGH THE UNIVERSITY FINANCIAL AID OFFICE AND SUBSEQUENTLY REIMBURSED BY THE ASSOCIATION. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Scholarships are awarded each semester based on scholarship eligibility criteria. These awards are disbursed through the University Financial Aid Office and subsequently reimbursed by the Association. false false false false false false false false false Braulio Coln Past Chair 0 183596 0 0 0 0 0 9620 0 19852 0 213068 0 0 Jennifer Condon USF Designee 0 291508 0 15000 0 1020 0 14329 0 21768 0 343625 0 0 Allison Madden Director 0 170673 0 2500 0 1020 0 8755 0 19856 0 202804 0 0 Jay Stroman USF Senior Vice President- Advancement and Alumni Affairs 0 544853 0 0 0 110620 0 28318 0 21876 0 705667 0 0 William McCausland USF Alumni Association Vice President and Executive Director 0 226923 0 0 0 7813 0 11897 0 21749 0 268382 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation COMPENSATION FOR MANAGEMENT IS REVIEWED AND SET BY THE PRESIDENT, OR THEIR DESIGNEE, IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES. THESE POLICIES REQUIRE THAT COMPARABLE DATA BE USED TO DETERMINE THAT MANAGEMENT IS COMPENSATED FAIRLY AND COMPETITIVELY WHEN COMPARED TO SIMILAR ROLES IN OTHER UNIVERSITY NATIONALLY. Schedule J, Part I Employees of the University EMPLOYEES OF THE UNIVERSITY PERFORM OPERATING FUNCTIONS FOR THE ASSOCIATION. THE UNIVERSITY TRACKS, ADMINISTERS, AND REPORTS ALL PAYROLL AND FRINGE BENEFIT COSTS. THE ASSOCIATION TRANSFERS FUNDS TO THE UNIVERSITY FOR THESE COSTS. THE AMOUNT FUNDED BY THE ASSOCIATION TO THE UNIVERSITY WAS APPROXIMATELY $673,000 FOR THE YEAR ENDED JUNE 30, 2024. X Auction items for the Green and Gold Gala. 74 35415 Market value 0 false true false Form 990, Part V, Line 1b Issued W-2 EMPLOYEES OF THE UNIVERSITY PERFORM OPERATING FUNCTIONS FOR THE ASSOCIATION. ALL W-2s are issued by the University, and therefore the Association reports 0 on Part V, 1b. Salary information is reported on Part VII under column E, compensation from a related organization. Form 990, Part VI, Line 6 Classes of members or stockholders MEMBERS IN THE ASSOCIATION ARE CLASSIFIED AS GENERAL OR LIFE, AND THEIR ASSOCIATED RIGHTS AND PRIVILEGES ARE DETERMINED BY THE BOARD OF DIRECTORS. INCLUDED IN THESE RIGHTS IS THE AUTHORITY TO VOTE ON A SLATE OF CANDIDATES FOR APPOINTMENT TO THE BOARD OF DIRECTORS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body MEMBERS OF THE ASSOCIATION HAVE THE AUTHORITY TO VOTE ON A SLATE OF CANDIDATES FOR APPOINTMENT TO THE BOARD OF DIRECTORS. Form 990, Part VI, Line 11b Review of form 990 by governing body A DRAFT OF THE FORM 990, PREPARED INTERNALLY BY ASSOCIATION STAFF AND REVIEWED BY UPPER MANAGEMENT, IS APPROVED BY THE FULL BOARD BEFORE FILING WITH THE IRS. THE FINANCE COMMITTEE OF THE BOARD PERFORMS A THOROUGH AND DETAILED REVIEW OF THE ENTIRE, COMPLETE FORM 990 AND OTHER FEDERAL FORMS PRIOR TO REVIEW BY THE FULL BOARD AND PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy IT IS THE RESPONSIBILITY OF THE MEMBERS OF THE BOARD TO GOVERN THE AFFAIRS OF THE USF ALUMNI ASSOCIATION HONESTLY, EXERCISING DUE CARE, SKILL AND JUDGMENT. THE GOVERNANCE COMMITTEE OF THE BOARD IS RESPONSIBLE FOR THE ANNUAL DISTRIBUTION AND COLLECTION OF THE CONFLICT OF INTEREST AND CONFIDENTIAL INFORMATION POLICIES TO ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES. IF A CONFLICT OF INTEREST IN FACT EXISTS, THE BOARD MEMBER SHALL DISCLOSE THE POTENTIAL OR APPARENT CONFLICT OF INTEREST AND ABSTAIN FROM PARTICIPATION IN ANY VOTE OR DISCUSSION INVOLVING THE MATTER. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION FOR MANAGEMENT IS REVIEWED AND SET BY THE PRESIDENT, OR THEIR DESIGNEE, IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES. THESE POLICIES REQUIRE THAT COMPARABLE DATA BE USED TO DETERMINE THAT MANAGEMENT IS COMPENSATED FAIRLY AND COMPETITIVELY WHEN COMPARED TO SIMILAR ROLES IN OTHER UNIVERSITY NATIONALLY. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS SUCH AS THE ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, TAX RETURNS, AND FINANCIAL STATEMENTS ARE AVAILABLE TO ANYONE AS PRINTED COPY OR IN ELECTRONIC FORM IMMEDIATELY UPON REQUEST. THEY ARE ALSO AVAILABLE FOR INSPECTION AT THE ASSOCIATION'S OFFICE. University of South Florida Board of Trustees 4202 E Fowler Ave Tampa FL 33620 593102112 Education FL 501(c)(1) USF Board of Trustees false University of South Florida Foundation 4202 E Fowler Ave Tampa FL 33620 590879015 Foundation FL 501(c)(3) PF USF Board of Trustees false USF Health Professions Conferencing Corporation 4202 E Fowler Ave Tampa FL 33620 161765073 Healthcare FL 501(c)(3) PF USF Board of Trustees false USF Institute of Applied Engineering 4202 E Fowler Ave Tampa FL 33620 831012625 Education FL 501(c)(3) PF USF Board of Trustees false USF Research Foundation Inc 4202 E Fowler Ave Tampa FL 33620 592959590 Research FL 501(c)(3) PF USF Board of Trustees false Sun Dome Inc 4202 E Fowler Ave Tampa FL 33620 592051855 Event Facility FL 501(c)(3) PF USF Board of Trustees false University Medical Services Association 4202 E Fowler Ave Tampa FL 33620 237313346 Support FL 501(c)(3) PF USF Board of Trustees false USF Financing Corporation 4202 E Fowler Ave Tampa FL 33620 202865561 Financing FL 501(c)(3) PF USF Board of Trustees false USF Property Corporation 4202 E Fowler Ave Tampa FL 33620 202878274 Support FL 501(c)(3) PF USF Board of Trustees false false true true false false true false false false false false true true true true true true false false