Totals
- Total revenue
- $9,601,169
- Total expenses
- $7,656,872
- Contributions and grants received
- $1,590,998
- Grants paid
- $0
- Program service revenue
- $1,860,791
- Investment income
- $5,614,236
- Other revenue
- $535,144
- Total assets, end of year
- $138,546,126
- Total liabilities, end of year
- $1,149,590
- Net assets or fund balances, end of year
- $137,396,536
- Program services expenses (Part IX)
- $6,013,714
- Management and general expenses
- $1,643,158
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $6,013,714
Program services were 78.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$1,427,074
-
1f · All other contributions, gifts and grants
$163,924
-
2a · Program service revenue: ALUMNI TOURS
total $791,668 · unrelated business $791,668
-
2b · Program service revenue: PROGRAMS & EVENTS
total $529,506 · related or exempt $529,506
-
2c · Program service revenue: ALUMNI PUBLICATIONS
total $385,276 · unrelated business $384,748 · excluded $528
-
2d · Program service revenue: RECORDS MAINTENANCE
total $117,216 · related or exempt $117,216
-
2e · Program service revenue: UNIVERSITY PROGRAM SUPPORT
total $34,125 · related or exempt $34,125
-
2f · All other program service revenue
total $3,000 · excluded $3,000
-
3 · Investment income
total $5,614,136 · excluded $5,614,136
-
5 · Royalties
total $437,588 · excluded $437,588
-
6a · Gross rents
real property $96,000
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $96,000
-
6d · Net rental income or loss
total $96,000 · excluded $96,000
-
7a · Gross sales of assets other than inventory
other assets $100
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $100
-
7d · Net gain or loss
total $100 · excluded $100
-
10a · Gross sales of inventory
$29,118
-
10b · Cost of goods sold
$27,562
-
10c · Net income from sales of inventory
total $1,556 · unrelated business $1,556
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $639,200 · program services $511,360 · management and general $127,840
-
7 · Other salaries and wages
total $2,537,703 · program services $1,896,754 · management and general $640,949
-
8 · Pension plan contributions
total $230,479 · program services $136,408 · management and general $94,071
-
9 · Other employee benefits
total $401,087 · program services $250,887 · management and general $150,200
-
10 · Payroll taxes
total $219,830 · program services $140,720 · management and general $79,110
-
11b · Fees: legal
total $18,347 · management and general $18,347
-
11c · Fees: accounting
total $40,029 · management and general $40,029
-
12 · Advertising and promotion
total $807,383 · program services $714,062 · management and general $93,321
-
13 · Office expenses
total $17,327 · program services $13,622 · management and general $3,705
-
14 · Information technology
total $406,789 · program services $386,092 · management and general $20,697
-
17 · Travel
total $6,905 · program services $6,120 · management and general $785
-
19 · Conferences, conventions and meetings
total $24,020 · program services $23,253 · management and general $767
-
22 · Depreciation, depletion and amortization
total $155,243 · program services $135,397 · management and general $19,846
-
23 · Insurance
total $76,412 · management and general $76,412
-
24a · Other expenses: INCOME TAXES
total $38,886 · program services $38,886
-
24b · Other expenses: ALUMNI & STUDENT PROGRA
total $1,219,658 · program services $1,204,230 · management and general $15,428
-
24c · Other expenses: MEMBERSHIP
total $369,837 · program services $369,837
-
24d · Other expenses: SECURITY
total $215,129 · management and general $215,129
-
24e · All other expenses
total $232,608 · program services $186,086 · management and general $46,522
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $7,486,120 · end of year $11,889,053
-
4 · Accounts receivable
beginning of year $865,003 · end of year $961,263
-
7 · Other notes and loans receivable
beginning of year $1,183,934 · end of year $1,123,934
-
9 · Prepaid expenses and deferred charges
beginning of year $283,416 · end of year $195,245
-
10a · Land, buildings and equipment: cost or other basis
$2,848,182
-
10b · Land, buildings and equipment: accumulated depreciation
$2,472,595
-
10c · Land, buildings and equipment, net
beginning of year $433,190 · end of year $375,587
-
13 · Investments: program-related
beginning of year $118,691,022 · end of year $124,001,044
-
17 · Accounts payable and accrued expenses
beginning of year $808,775 · end of year $493,281
-
19 · Deferred revenue
beginning of year $691,992 · end of year $656,309
-
27 · Net assets without donor restrictions
beginning of year $125,099,005 · end of year $134,811,039
-
28 · Net assets with donor restrictions
beginning of year $2,342,913 · end of year $2,585,497
Mission and programs · 2024
Mission
CAROLINA ALUMNI INITIATIVES SUPPORT OVER 30,000 ACTIVE STUDENTS AND OVER 370,000 ALUMNI AND FRIENDS OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. CAROLINA ALUMNI CREATES A DYNAMIC ALUMNI COMMUNITY THAT REFLECTS THE VALUES AND TRADITIONS OF CAROLINA. WE DO THIS THROUGH A VARIETY OF PROGRAMS, NETWORKING AND SOCIAL EVENTS, ALUMNI CAREER SERVICES, AND MORE ENSURING THE CAROLINA CONNECTION REMAINS STRONG AND VIBRANT.
-
PROGRAMS AND EVENTS/ALUMNI TOURS: CAROLINA ALUMNI IS ONE OF THE LEADING ALUMNI ASSOCIATIONS IN THE COUNTRY, AND PROVIDES A COMPREHENSIVE MENU OF AWARD-WINNING PROGRAM OPPORTUNITIES TO ITS ALUMNI, MEMBERS AND STUDENTS, TO INCLUDE THE FOLLOWING: OVER 90 CAROLINA CLUBS ACROSS THE US AND THE WORLD, ALLOWING ALUMNI TO CONNECT WITH OTHER TAR HEELS IN THE AREA THEY LIVE; YOUNG ALUMNI EVENTS GEARED TO THOSE WHO GRADUATED WITHIN THE PREVIOUS 10 YEARS; AFFINITY AND CLASS-BASED REUNIONS HELD IN CHAPEL HILL, PROVIDING ALUMNI THE OPPORTUNITY TO RENEW ACQUAINTANCES WITH CLASSMATES, HAVE FUN, STRENGTHEN TIES WITH CAROLINA AND PERHAPS LEAVE WITH IDEAS FOR MAKING THOSE TIES WITH THEIR ALMA MATER AND FRIENDS MORE MEANINGFUL; AN INTERNATIONAL TRAVEL PROGRAM, PROVIDING A SELECTION OF OVER 60 TRIPS, SERVING OVER 900 TRAVELERS; SUPPORT FOR A NUMBER OF STUDENT GROUPS, INCLUDING THE SENIOR CLASS, TWO ACAPELLA GROUPS, THE HOMECOMING COMMITTEE AND THE ORDER OF THE BELL TOWER, WHICH SERVES AND THE OFFICIAL STUDENT AMBASSADORS AND TRADITION KEEPERS TO THE UNIVERSITY.
Expenses $2,117,026 · Revenue $563,631
-
ALUMNI PUBLICATIONS/COMMUNICATIONS: PRODUCTION AND DISTRIBUTION OF THE BI-MONTHLY CAROLINA ALUMNI MAGAZINE TO MEMBERS, STUDENTS AND FACULTY WHICH INCLUDES NEWS ABOUT THE UNIVERSITY, ALUMNI ASSOCIATION, INDIVIDUAL ALUMNI, AS WELL AS INFORMATION ABOUT ALUMNI PROGRAMS AND ACTIVITIES. PRODUCTION AND MAINTENANCE OF CAROLINA ALUMNI'S WEBSITE.
Expenses $2,114,275
-
ALUMNI RECORDS AND NETWORK ADMINISTRATION: THIS INCLUDES THE COST OF ACCESS TO THE UNIVERSITY'S ALUMNI DATABASE, WHICH IS USED FOR MEMBERSHIP AND PROGRAMMATIC PURPOSES.
Expenses $893,052 · Revenue $117,216
-
MEMBERSHIP: MEMBERSHIP BENEFITS AND SERVICES TO PROMOTE ALUMNI PROGRAMS, ACTIVITIES, AND PUBLICATIONS FOR 19,308 ANNUAL MEMBERS AND 43,223 LIFE MEMBERS.
Expenses $889,361
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Veronica FlaspoehlerVERONICA FLASPOEHLER
PRESIDENT
- Total calculated
- $483,232
- From this org
- $451,581
- From related orgs
- $0
- Other
- $31,651
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $400,894
- Bonus
- $40,000
- Other
- $10,687
- Deferred
- $30,495
- Nontaxable benefits
- $1,156
- Filer's total
- $483,232
-
Martha Gabriel PeckMARTHA GABRIEL PECK
CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Dana E SimpsonDANA E SIMPSON
COUNSEL
- Total calculated
- $0
- Hours/week
- 0
-
C Lee ConnerC LEE CONNER
FIRST VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Janet RoachJANET ROACH
SECOND VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Dwight M Davidson IIIDWIGHT M DAVIDSON III
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
W Lowry CaudillW LOWRY CAUDILL
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Paula Brown StaffordPAULA BROWN STAFFORD
CHAIR - ELECT
- Total calculated
- $0
- Hours/week
- 0
-
Sydney Jeanene BatchSYDNEY JEANENE BATCH
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
James Reuben Copland IVJAMES REUBEN COPLAND IV
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Bernadine Alston CobbBERNADINE ALSTON COBB
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Grant Liles CampbellGRANT LILES CAMPBELL
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Natalie Knorr BestNATALIE KNORR BEST
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Malcolm LoganMALCOLM LOGAN
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
Eric David JohnsonERIC DAVID JOHNSON
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
Henry Orlando FoustHENRY ORLANDO FOUST
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Charlotte Daniele SmithCHARLOTTE DANIELE SMITH
ATHLETIC COUNCIL
- Total calculated
- $0
- Hours/week
- 0
-
Marcus Darrel GinyardMARCUS DARREL GINYARD
ATHLETIC COUNCIL
- Total calculated
- $0
- Hours/week
- 0
-
Ashley Parrott DunhamASHLEY PARROTT DUNHAM
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Darryl Joel KeithDARRYL JOEL KEITH
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Murray Lewis ColemanMURRAY LEWIS COLEMAN
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Honorable Kristin Dutrow BakerHONORABLE KRISTIN DUTROW BAKER
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
Anne Wilson Neville-BonillaANNE WILSON NEVILLE-BONILLA
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Ashley Matlock PerkinsonASHLEY MATLOCK PERKINSON
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
David Wayne JerniganDAVID WAYNE JERNIGAN
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Kenneth W EppsKENNETH W EPPS
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Monica R CloudMONICA R CLOUD
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Danya Leford VanhookDANYA LEFORD VANHOOK
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Stephanie Poole NiemanSTEPHANIE POOLE NIEMAN
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Russell David BabbRUSSELL DAVID BABB
ATHLETIC COUNCIL
- Total calculated
- $0
- Hours/week
- 0
-
Honorable Edward Francis Hanes JrHONORABLE EDWARD FRANCIS HANES JR
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Senator Todd JohnsonSENATOR TODD JOHNSON
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
Jennell S McIntoshJENNELL S MCINTOSH
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
John Elliot DervinJOHN ELLIOT DERVIN
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
Robert Louis Wynn IIROBERT LOUIS WYNN II
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Monika Leigh MooreMONIKA LEIGH MOORE
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Stephen C ShawSTEPHEN C SHAW
VICE PRESIDENT & CHIEF FIN
- Total calculated
- $223,451
- From this org
- $194,644
- From related orgs
- $0
- Other
- $28,807
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,644
- Bonus
- $0
- Other
- $0
- Deferred
- $16,071
- Nontaxable benefits
- $12,736
- Filer's total
- $223,451
-
Roger NelsenROGER NELSEN
DIRECTOR OF ALUMNI RECORDS
- Total calculated
- $159,163
- From this org
- $124,265
- From related orgs
- $0
- Other
- $34,898
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $124,265
- Bonus
- $0
- Other
- $0
- Deferred
- $11,751
- Nontaxable benefits
- $23,147
- Filer's total
- $159,163
-
Julie GonyaJULIE GONYA
NETWORK ADMINISTRATOR
- Total calculated
- $127,087
- From this org
- $107,234
- From related orgs
- $0
- Other
- $19,853
- Hours/week
- 40
-
Jason SmithJASON SMITH
DESIGN DIRECTOR AND MANAGI
- Total calculated
- $128,749
- From this org
- $109,859
- From related orgs
- $0
- Other
- $18,890
- Hours/week
- 40
-
Lisa BeersLISA BEERS
CONTROLLER
- Total calculated
- $127,381
- From this org
- $108,139
- From related orgs
- $0
- Other
- $19,242
- Hours/week
- 40
-
Allan HolmesALLAN HOLMES
EDITOR & DIRECTOR OF COMMU
- Total calculated
- $169,047
- From this org
- $147,589
- From related orgs
- $0
- Other
- $21,458
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,589
- Bonus
- $0
- Other
- $0
- Deferred
- $12,161
- Nontaxable benefits
- $9,297
- Filer's total
- $169,047
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
501(C)(3) · EDUCATION · NC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202611359349302966
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