Civic Intelligence

General Alumni Association

990 • Fiscal year 2021 • EIN 56-6000469

Jul 01, 2020 to Jun 30, 2021 • Filed on Dec 15, 2021

PO Box 660Chapel Hill, NC 27514-0660

(919) 962-1208

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.02x

Higher debt load relative to assets than 15% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

33rd percentile

0.30x

Higher debt load relative to revenue than 33% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Net Margin

82nd percentile

35%

Higher net margin than 82% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

37th percentile

$346,617

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Asset Growth

91st percentile

36%

Faster asset growth than 91% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

22nd percentile

-5.1%

Faster revenue growth than 22% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2020 to 2021

Assets

Up

$118,995,183

Up $31,551,230 (+36%) from 2020

Net Assets

Up

$116,459,745

Up $32,309,071 (+38%) from 2020

Liabilities

Down

$2,535,438

Down $757,841 (-23%) from 2020

Revenue

Down

$8,416,070

Down $449,338 (-5.1%) from 2020

Expenses

Down

$5,449,618

Down $779,865 (-13%) from 2020

Net Income

Up

$2,966,452

Up $330,527 (+13%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2011: $52,534,374Liabilities 2011: $1,405,573Net Assets 2011: $51,128,8012011Assets 2012: $52,955,507Liabilities 2012: $1,488,218Net Assets 2012: $51,467,2892012Assets 2013: $58,175,227Liabilities 2013: $1,536,795Net Assets 2013: $56,638,4322013Assets 2014: $65,508,180Liabilities 2014: $1,409,953Net Assets 2014: $64,098,2272014Assets 2015: $70,403,954Liabilities 2015: $1,655,517Net Assets 2015: $68,748,4372015Assets 2016: $68,738,959Liabilities 2016: $1,632,235Net Assets 2016: $67,106,7242016Assets 2017: $75,279,322Liabilities 2017: $2,027,089Net Assets 2017: $73,252,2332017Assets 2018: $82,708,509Liabilities 2018: $2,132,871Net Assets 2018: $80,575,6382018Assets 2019: $87,503,495Liabilities 2019: $4,033,937Net Assets 2019: $83,469,5582019Assets 2020: $87,443,953Liabilities 2020: $3,293,279Net Assets 2020: $84,150,6742020Assets 2021: $118,995,183Liabilities 2021: $2,535,438Net Assets 2021: $116,459,7452021Assets 2022: $121,948,615Liabilities 2022: $1,649,915Net Assets 2022: $120,298,7002022Assets 2023: $118,314,670Liabilities 2023: $1,138,152Net Assets 2023: $117,176,5182023Assets 2024: $128,942,685Liabilities 2024: $1,500,767Net Assets 2024: $127,441,9182024

Highlighted filing

2021

Assets$118,995,183
Liabilities$2,535,438
Net Assets$116,459,745

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0Revenue 2011: $7,533,482Expenses 2011: $5,692,515Net Income 2011: $1,840,9672011Revenue 2012: $7,577,959Expenses 2012: $5,720,245Net Income 2012: $1,857,7142012Revenue 2013: $8,111,627Expenses 2013: $5,853,686Net Income 2013: $2,257,9412013Revenue 2014: $8,292,173Expenses 2014: $6,051,995Net Income 2014: $2,240,1782014Revenue 2015: $8,362,711Expenses 2015: $6,226,056Net Income 2015: $2,136,6552015Revenue 2016: $8,863,787Expenses 2016: $6,150,836Net Income 2016: $2,712,9512016Revenue 2017: $8,106,372Expenses 2017: $6,056,830Net Income 2017: $2,049,5422017Revenue 2018: $8,926,506Expenses 2018: $6,424,535Net Income 2018: $2,501,9712018Revenue 2019: $9,230,424Expenses 2019: $8,545,859Net Income 2019: $684,5652019Revenue 2020: $8,865,408Expenses 2020: $6,229,483Net Income 2020: $2,635,9252020Revenue 2021: $8,416,070Expenses 2021: $5,449,618Net Income 2021: $2,966,4522021Revenue 2022: $8,958,303Expenses 2022: $6,000,909Net Income 2022: $2,957,3942022Revenue 2023: $9,081,973Expenses 2023: $7,083,395Net Income 2023: $1,998,5782023Revenue 2024: $9,330,399Expenses 2024: $7,517,700Net Income 2024: $1,812,6992024

Highlighted filing

2021

Revenue$8,416,070
Expenses$5,449,618
Net Income$2,966,452
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 15, 2021
Return Version
2020v4.1
Gross Receipts
$8,445,281
Mission and Program Overview

Mission

Carolina alumni initiatives support 32,234 students and 367,007 alumni and friends of the university of north carolina at chapel hill, creating a dynamic community that reflects the values and traditions of carolina. We do this through a variety of programs, networking opportunities, alumni career services and more - ensuring the carolina connection remains strong and vibrant.

The general alumni association is dedicated to the continuing service of our university and our alumni. Promote a spirit of fellowship and loyalty among alumni, provide a continuous flow of information on the university and encourages united alumni support for advancement through our programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$77,256,111$110,053,730▲ $32,797,619
Savings and Temporary Cash Investments$8,453,804$7,055,099▼ $1,398,705
Other Notes and Loans Receivable, Net$518,187$761,187▲ $243,000
Accounts Receivable$674,183$569,604▼ $104,579
Prepaid Expenses and Deferred Charges$255,976$262,129▲ $6,153
Land, Buildings, and Equipment, Net$185,692$193,434▲ $7,742
Total Assets$87,443,953$118,995,183▲ $31,551,230
Other Assets Total$100,000$100,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,946,736$1,354,746▼ $591,990
Deferred Revenue$1,346,543$1,180,692▼ $165,851
Total Liabilities$3,293,279$2,535,438▼ $757,841
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$83,305,992$115,465,271▲ $32,159,279
Net Assets With Donor Restrictions$844,682$994,474▲ $149,792
Total Net Assets Fund Balance$84,150,674$116,459,745▲ $32,309,071
Total Liabilities and Net Assets / Fund Balance$87,443,953$118,995,183▲ $31,551,230

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$66,232$1,286,511$1,352,743
Leasehold Improvements$37,081$622,072$659,153
Other Land Buildings$90,121-$90,121
Investment Program Related Org$110,053,730--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$77,290,707$226,338▲ $32,420,295$804,699$108,458,357
2019$77,139,749$178,135▲ $1,451,806$805,199$77,290,707
2018$75,019,156$267,699▲ $5,363,079$832,758$77,139,749
2017$68,588,209$2,480,445▲ $5,434,976$814,085$75,019,156
2016$62,503,673$2,793,380▲ $4,743,416$811,912$68,588,209
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen C ShawDirector of Finance and AdministrationFT$153,694-$153,694
Stephen C ShawDirector of Finance and Administrati-$153,694-$153,694
Regina OliverEditor & Director of CommunicationsFT$124,094-$124,094
Roger G NelsonDirector of Alumni Records & Information SystemsFT$118,194-$118,194
Marcie LeemoreDirector of Enrichment ProgramsFT$101,151-$101,151
Douglas S DibbertPresidentFT$62,110$62,110$62,110

Board Members and Trustees

NameTitle
Dana E SimpsonChair
David C KeeslerChair-elect
Jill Silverstein GammonPast Chair
Emma Grace McelroyStudent Alumni Association Chair
Thomas W LambethTar Heel Network Chair
Janani RamaduraiPresident of Order of the Bell Tower
Juan Carlos Castro JrPresident of Senior Class
Lamar G RichardsPresident of Student Body
Lisa Mcnew ChapmanFirst Vice Chair
Wh Knight JrSecond Vice Chair
James M Deal JrDirector at Large
Louis Patalano IvDirector at Large
Pamela Hicks FergusonDirector at Large
Robert Tyrone Reives IiDirector at Large
Russell Braswell HoldernessDirector at Large
Sarah Parrott LathropDirector at Large
Richard T WilliamsAssistant Treasurer
Algernon D CrumplerAthletic Council
Meghan Elizabeth LyonsAthletic Council
Scott Carmichael WilliamsAthletic Council
Christopher D McclureCHANCELLOR'S REPRESENTATIVE
Wade Marvin SmithCounsel
Edwin Lynn StyersDentistry
Amy M RickardEducation
Alice Sue AmmermanFaculty Representative
Corey J PetersohnGovernment
Erin Louise CarterInformation and Library Science
Jeremy C SpearmanMedia and Journalism
Shirly G JordanMedicine
Lesley Forde CogburnNursing
Amy Lavern GreesonPharmacy
Joanna Jordan ConleyPublic Health
Christopher Lee ConnerRepresents Nc District
Chuck WallingtonRepresents Nc District
Donna Curtis McclatcheyRepresents Nc District
Ginger Golding WilkinsRepresents Nc District
Martha Gabriel PeckRepresents Nc District
Patrick James BallantineRepresents Nc District
Paula Brown StaffordRepresents Nc District
Rober M Selden IiiRepresents Nc District
Veronica Mora FlaspoehlerRepresents Nc District
W Lowry CaudillRepresents Nc District
Benjamin Boykin IiRepresents Out of State
Beverly Holland PritchardRepresents Out of State
Carolyn Griffin HallRepresents Out of State
David B KirkRepresents Out of State
Eugene Y LaoRepresents Out of State
Janet RoachRepresents Out of State
Robert Louis FerrisRepresents Out of State
Samuel Levi Fulwood IiiRepresents Out of State
Whitney C FyeRepresents Out of State
Kristen Register LakisSocial Work
Dwight M Davidson IiiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,767,450
Program Service Revenue
$1,208,264
Investment Income
$3,952,715
Other Revenue
$1,487,641
All Other Contributions
$204,300
Change in Net Assets
$2,966,452

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,416,070
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$29,371,830
Total Revenue per Audited Statements
$37,787,900
Total Revenue per Form 990
$8,416,070
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,588,543
Other Expenses$1,861,075
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,029,447$286,225-$2,315,672
Advertising$525,365$117,927-$643,292
Current Officers, Directors, Trustees, and Key Employees$350,561$87,640-$438,201
Other Employee Benefits$277,797$90,254-$368,051
Pension Plan Contributions$236,563$37,555-$274,118
Payroll Taxes$158,840$33,661-$192,501
Information Technology$103,760$13,273-$117,033
Depreciation Depletion$73,715$5,744-$79,459
Insurance-$71,161-$71,161
Other Expenses$48,298$12,075-$60,373
All Other Expenses$40,797$10,728-$51,525
Fees for Services Accounting-$28,161-$28,161
Office Expenses$11,834$2,958-$14,792
Travel$7,312$1,828-$9,140
Conferences and Meetings$4,540$866-$5,406
Fees for Services Lobbying-$624-$624
Total Functional Expenses$4,441,624$1,007,994$0$5,449,618

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,966,139
Expenses per Audited Statements$5,449,618
Total Expenses per Form 990$5,449,618
Expenses Not Reported on Form 990$516,521
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The alumni association has members that pay dues to receive benefits fromt the association and attend association sponsered events.

Form 990, Part VI, Section A, Line 7A

Each year a ballot with all open position on the general alumni association's board is sent to all members of the alumni association via email addresses on file with the alumni association. Printed ballots are mailed by request. The candidates for each position are identified by the nominating committee on the board and reported to the whole board. Election results are then reported bythe nominating committee to the whole board.

Form 990, Part VI, Section B, Line 11B

The returns are prepared by the association's controller, reviewed by the association's director of finance and administration and reviewed by the association's outside independent accountant.

Form 990, Part VI, Section B, Line 12C

Board members are required to sign an annual conflict of interest policy acknowledgement.

Form 990, Part VI, Section B, Line 15A

Annual performance evaluation conducted by the board's personnel committee.

Form 990, Part VI, Section C, Line 19

The general alumni association makes the governing documents, conflict of interest policy and financial statements available to the public upon written request or verbal request.

Filing and Contact Details

Filer

Filer Name
General Alumni Association
EIN
56-6000469
Phone
9199621208
Address
PO BOX 660, CHAPEL HILL, NC 27514-0660
Doing Business As
Unc General Alumni Association

Signing Officer

Name
Douglas S Dibbert
Title
President
Phone
9199621208
Signed
2021-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas S Dibbert
Formed
1843
Legal Domicile
Nc
Voting Board Members
38
Independent Board Members
37
Employees
53
Volunteers
200

Preparer

Firm
Bernard Robinson & Company Llp
Address
4700 HOMEWOOD COURT STE 105, RALEIGH, NC 27609
Preparer
Ronald R Kuyath
Phone
9198620004
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No changes were made in the current fiscal year

General

Form 8868, application for automatic extension of time to file an exempt organization return was inadvertently not filed before november 15, 2021 for the tax period ended june 30, 2021. Taxpayer makes every effort to comply with all federal, state and local compliance/reportig requirements and has a very long history of doing so. Taxpayer respectfully requests that no penalty for late filing be assessed for the 2020 form 990 and 990-t.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Expenses netted in gross revenues

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses netted in gross revenues current year use of donated facilities

Part III

Organization's art collection displayed for the enjoyment of members and alumni.

Part V Line 4

Endowment funds used to service life members, operating contingencies & capital replacement needs.

Raw XML AppendixShowing 400 of 991 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm1DANA E SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm2JILL SILVERSTEIN GAMMON
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID C KEESLER
IRS990/Form990PartVIISectionAGrp/PersonNm4THOMAS W LAMBETH
IRS990/Form990PartVIISectionAGrp/PersonNm5WADE MARVIN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm6LISA MCNEW CHAPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7WH KNIGHT JR
IRS990/Form990PartVIISectionAGrp/PersonNm8DWIGHT M DAVIDSON III
IRS990/Form990PartVIISectionAGrp/PersonNm9RICHARD T WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMES M DEAL JR
IRS990/Form990PartVIISectionAGrp/PersonNm11PAMELA HICKS FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm12RUSSELL BRASWELL HOLDERNESS
IRS990/Form990PartVIISectionAGrp/PersonNm13SARAH PARROTT LATHROP
IRS990/Form990PartVIISectionAGrp/PersonNm14LOUIS PATALANO IV
IRS990/Form990PartVIISectionAGrp/PersonNm15ROBERT TYRONE REIVES II
IRS990/Form990PartVIISectionAGrp/PersonNm16PATRICK JAMES BALLANTINE
IRS990/Form990PartVIISectionAGrp/PersonNm17W LOWRY CAUDILL
IRS990/Form990PartVIISectionAGrp/PersonNm18CHRISTOPHER LEE CONNER
IRS990/Form990PartVIISectionAGrp/PersonNm19DONNA CURTIS MCCLATCHEY
IRS990/Form990PartVIISectionAGrp/PersonNm20VERONICA MORA FLASPOEHLER
IRS990/Form990PartVIISectionAGrp/PersonNm21MARTHA GABRIEL PECK
IRS990/Form990PartVIISectionAGrp/PersonNm22ROBER M SELDEN III
IRS990/Form990PartVIISectionAGrp/PersonNm23PAULA BROWN STAFFORD
IRS990/Form990PartVIISectionAGrp/PersonNm24CHUCK WALLINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm25GINGER GOLDING WILKINS
IRS990/Form990PartVIISectionAGrp/PersonNm26BENJAMIN BOYKIN II
IRS990/Form990PartVIISectionAGrp/PersonNm27ROBERT LOUIS FERRIS
IRS990/Form990PartVIISectionAGrp/PersonNm28WHITNEY C FYE
IRS990/Form990PartVIISectionAGrp/PersonNm29SAMUEL LEVI FULWOOD III
IRS990/Form990PartVIISectionAGrp/PersonNm30CAROLYN GRIFFIN HALL
IRS990/Form990PartVIISectionAGrp/PersonNm31DAVID B KIRK
IRS990/Form990PartVIISectionAGrp/PersonNm32EUGENE Y LAO
IRS990/Form990PartVIISectionAGrp/PersonNm33BEVERLY HOLLAND PRITCHARD
IRS990/Form990PartVIISectionAGrp/PersonNm34JANET ROACH
IRS990/Form990PartVIISectionAGrp/PersonNm35EDWIN LYNN STYERS
IRS990/Form990PartVIISectionAGrp/PersonNm36AMY M RICKARD
IRS990/Form990PartVIISectionAGrp/PersonNm37COREY J PETERSOHN
IRS990/Form990PartVIISectionAGrp/PersonNm38ERIN LOUISE CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm39JEREMY C SPEARMAN
IRS990/Form990PartVIISectionAGrp/PersonNm40SHIRLY G JORDAN
IRS990/Form990PartVIISectionAGrp/PersonNm41LESLEY FORDE COGBURN
IRS990/Form990PartVIISectionAGrp/PersonNm42AMY LAVERN GREESON
IRS990/Form990PartVIISectionAGrp/PersonNm43JOANNA JORDAN CONLEY
IRS990/Form990PartVIISectionAGrp/PersonNm44KRISTEN REGISTER LAKIS
IRS990/Form990PartVIISectionAGrp/PersonNm45ALGERNON D CRUMPLER
IRS990/Form990PartVIISectionAGrp/PersonNm46SCOTT CARMICHAEL WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm47MEGHAN ELIZABETH LYONS
IRS990/Form990PartVIISectionAGrp/PersonNm48ALICE SUE AMMERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm49CHRISTOPHER D MCCLURE
IRS990/Form990PartVIISectionAGrp/PersonNm50LAMAR G RICHARDS
IRS990/Form990PartVIISectionAGrp/PersonNm51JUAN CARLOS CASTRO JR
IRS990/Form990PartVIISectionAGrp/PersonNm52JANANI RAMADURAI
IRS990/Form990PartVIISectionAGrp/PersonNm53EMMA GRACE MCELROY
IRS990/Form990PartVIISectionAGrp/PersonNm54STEPHEN C SHAW
IRS990/Form990PartVIISectionAGrp/PersonNm55REGINA OLIVER
IRS990/Form990PartVIISectionAGrp/PersonNm56ROGER G NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm57MARCIE LEEMORE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$129$1.50$127$9.33$7.52$1.81
2023Detailed filing. Detailed filing data is available for this year.$118$1.14$117$9.08$7.08$2.00
2022Detailed filing. Detailed filing data is available for this year.$122$1.65$120$8.96$6.00$2.96
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$119$2.54$116$8.42$5.45$2.97
2020Summary only. Only limited summary data is available for this year.$87.4$3.29$84.2$8.87$6.23$2.64
2019Summary only. Only limited summary data is available for this year.$87.5$4.03$83.5$9.23$8.55$0.68
2018Summary only. Only limited summary data is available for this year.$82.7$2.13$80.6$8.93$6.42$2.50
2017Summary only. Only limited summary data is available for this year.$75.3$2.03$73.3$8.11$6.06$2.05
2016Summary only. Only limited summary data is available for this year.$68.7$1.63$67.1$8.86$6.15$2.71
2015Summary only. Only limited summary data is available for this year.$70.4$1.66$68.7$8.36$6.23$2.14
2014Summary only. Only limited summary data is available for this year.$65.5$1.41$64.1$8.29$6.05$2.24
2013Summary only. Only limited summary data is available for this year.$58.2$1.54$56.6$8.11$5.85$2.26
2012Summary only. Only limited summary data is available for this year.$53.0$1.49$51.5$7.58$5.72$1.86
2011Summary only. Only limited summary data is available for this year.$52.5$1.41$51.1$7.53$5.69$1.84