Totals
- Total revenue
- $9,330,399
- Total expenses
- $7,517,700
- Contributions and grants received
- $1,565,624
- Grants paid
- $0
- Program service revenue
- $1,956,390
- Investment income
- $5,300,510
- Other revenue
- $507,875
- Total assets, end of year
- $128,942,685
- Total liabilities, end of year
- $1,500,767
- Net assets or fund balances, end of year
- $127,441,918
- Program services expenses (Part IX)
- $6,098,028
- Management and general expenses
- $1,419,672
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $6,098,028
Program services were 81.1% 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
$1,488,126
-
1f · All other contributions, gifts and grants
$77,498
-
2a · Program service revenue: PROGRAMS & EVENTS
total $765,368 · related or exempt $765,368
-
2b · Program service revenue: ALUMNI TOURS
total $643,831 · unrelated business $643,831
-
2c · Program service revenue: ALUMNI PUBLICATIONS
total $402,110 · unrelated business $401,506 · excluded $604
-
2d · Program service revenue: RECORDS MAINTENANCE
total $110,956 · related or exempt $110,956
-
2e · Program service revenue: UNIVERSITY PROGRAM SUPPORT
total $34,125 · related or exempt $34,125
-
3 · Investment income
total $5,300,260 · excluded $5,300,260
-
5 · Royalties
total $410,747 · excluded $410,747
-
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 $250
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $250
-
7d · Net gain or loss
total $250 · excluded $250
-
10a · Gross sales of inventory
$27,731
-
10b · Cost of goods sold
$26,603
-
10c · Net income from sales of inventory
total $1,128 · unrelated business $1,128
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $585,989 · program services $468,791 · management and general $117,198
-
7 · Other salaries and wages
total $2,307,215 · program services $1,957,707 · management and general $349,508
-
8 · Pension plan contributions
total $195,661 · program services $145,259 · management and general $50,402
-
9 · Other employee benefits
total $377,184 · program services $257,257 · management and general $119,927
-
10 · Payroll taxes
total $206,541 · program services $144,441 · management and general $62,100
-
11b · Fees: legal
total $140 · management and general $140
-
11c · Fees: accounting
total $33,005 · management and general $33,005
-
12 · Advertising and promotion
total $819,118 · program services $723,730 · management and general $95,388
-
13 · Office expenses
total $50,761 · program services $10,962 · management and general $39,799
-
14 · Information technology
total $377,220 · program services $358,470 · management and general $18,750
-
17 · Travel
total $27,779 · program services $24,887 · management and general $2,892
-
19 · Conferences, conventions and meetings
total $36,982 · program services $32,340 · management and general $4,642
-
22 · Depreciation, depletion and amortization
total $95,922 · program services $86,774 · management and general $9,148
-
23 · Insurance
total $72,137 · management and general $72,137
-
24a · Other expenses: INCOME TAXES
total $66,914 · program services $66,914
-
24b · Other expenses: ALUMNI & STUDENT PROGRA
total $1,467,679 · program services $1,285,720 · management and general $181,959
-
24c · Other expenses: MEMBERSHIP
total $391,343 · program services $391,343
-
24d · Other expenses: SECURITY
total $226,819 · management and general $226,819
-
24e · All other expenses
total $179,291 · program services $143,433 · management and general $35,858
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $8,518,703 · end of year $7,486,120
-
4 · Accounts receivable
beginning of year $790,932 · end of year $865,003
-
7 · Other notes and loans receivable
beginning of year $1,183,934 · end of year $1,183,934
-
9 · Prepaid expenses and deferred charges
beginning of year $252,179 · end of year $283,416
-
10a · Land, buildings and equipment: cost or other basis
$2,810,971
-
10b · Land, buildings and equipment: accumulated depreciation
$2,377,781
-
10c · Land, buildings and equipment, net
beginning of year $204,391 · end of year $433,190
-
13 · Investments: program-related
beginning of year $107,364,531 · end of year $118,691,022
-
17 · Accounts payable and accrued expenses
beginning of year $432,673 · end of year $808,775
-
19 · Deferred revenue
beginning of year $705,479 · end of year $691,992
-
27 · Net assets without donor restrictions
beginning of year $114,992,656 · end of year $125,099,005
-
28 · Net assets with donor restrictions
beginning of year $2,183,862 · end of year $2,342,913
Mission and programs · 2023
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.
-
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 U.S. 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 TEN 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 50 TRIPS, SERVING OVER 700 TRAVELERS; SUPPORT FOR A NUMBER OF STUDENT GROUPS, INCLUDING THE SENIOR CLASS, STUDENT A CAPELLA GROUP, THE HOMECOMING COMMITTEE AND THE ORDER OF THE BELL TOWER, WHICH SERVES AS THE OFFICIAL STUDENT AMBASSADORS AND TRADITION KEEPERS TO THE UNIVERSITY.
Expenses $2,394,822 · Revenue $799,493
-
PRODUCTION AND DISTRIBUTION OF 88 PAGE ALUMNI MAGAZINE BI-MONTHLY TO 55,934 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 THE ASSOCIATION'S WEBSITE WHICH RECEIVED OVER 600,000 VISITS / VISITORS; AND PRODUCTION AND DISTRIBUTION OF AN ELECTRONIC NEWSLETTER MONTHLY TO 175,000 SUBSCRIBERS.
Expenses $2,018,975
-
MEMBERSHIP DEVELOPMENT, BENEFITS AND SERVICES TO PROMOTE ALUMNI PROGRAMS, ACTIVITIES AND PUBLICATIONS TO 20,926 ANNUAL MEMBERS AND 43,184 LIFE MEMBERS.
Expenses $832,310
-
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. IT ALSO INCLUDES THE COST TO RUN AND MAINTAIN THE ASSOCIATION'S COMPUTER NETWORK SYSTEM.
Expenses $851,921 · Revenue $110,956
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Veronica FlaspoehlerVERONICA FLASPOEHLER
PRESIDENT
- Total calculated
- $218,840
- From this org
- $194,095
- From related orgs
- $0
- Other
- $24,745
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,095
- Bonus
- $0
- Other
- $0
- Deferred
- $24,102
- Nontaxable benefits
- $643
- Filer's total
- $218,840
-
W Lowry CaudillW LOWRY CAUDILL
CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Dana E SimpsonDANA E SIMPSON
COUNSEL
- Total calculated
- $0
- Hours/week
- 0
-
Paula Brown StaffordPAULA BROWN STAFFORD
FIRST VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Algernon CrumplerALGERNON CRUMPLER
SECOND VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Dwight M Davidson IIIDWIGHT M DAVIDSON III
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Honorable David C KeeslerHONORABLE DAVID C KEESLER
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Martha Gabriel PeckMARTHA GABRIEL PECK
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 0
-
John Elliot DervinJOHN ELLIOT DERVIN
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
Honorable Kristin Dutrow BakerHONORABLE KRISTIN DUTROW BAKER
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
Malcolm LoganMALCOLM LOGAN
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
Senator Todd JohnsonSENATOR TODD JOHNSON
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
Sarah Parrott LathropSARAH PARROTT LATHROP
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
Louis Patalano IVLOUIS PATALANO IV
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 0
-
Natalie Knorr BestNATALIE KNORR BEST
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Grant Liles CampbellGRANT LILES CAMPBELL
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Bernadine Alston CobbBERNADINE ALSTON COBB
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Ashley Parrott DunhamASHLEY PARROTT DUNHAM
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Stephanie Poole NiemanSTEPHANIE POOLE NIEMAN
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Danya Leford VanhookDANYA LEFORD VANHOOK
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
C Lee ConnerC LEE CONNER
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
James Reuben Copland IVJAMES REUBEN COPLAND IV
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Chuck WallingtonCHUCK WALLINGTON
REPRESENTS NC DISTRICT
- Total calculated
- $0
- Hours/week
- 0
-
Monica R CloudMONICA R CLOUD
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
-
David Wayne JerniganDAVID WAYNE JERNIGAN
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Darryl Joel KeithDARRYL JOEL KEITH
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Jennell S McIntoshJENNELL S MCINTOSH
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Robert Louis Wynn IIROBERT LOUIS WYNN II
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Carolyn Griffin HallCAROLYN GRIFFIN HALL
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Eugene Y LaoEUGENE Y LAO
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Janet RoachJANET ROACH
REPRESENTS OUT OF STATE
- Total calculated
- $0
- Hours/week
- 0
-
Russell David BabbRUSSELL DAVID BABB
ATHLETIC COUNCIL
- Total calculated
- $0
- Hours/week
- 0
-
Scott Carmichael WilliamsSCOTT CARMICHAEL WILLIAMS
ATHLETIC COUNCIL
- Total calculated
- $0
- Hours/week
- 0
-
Charlotte Daniele SmithCHARLOTTE DANIELE SMITH
ATHLETIC COUNCIL
- Total calculated
- $0
- Hours/week
- 0
-
Stephen C ShawSTEPHEN C SHAW
VICE PRESIDENT & CHIEF FIN
- Total calculated
- $211,721
- From this org
- $185,483
- From related orgs
- $0
- Other
- $26,238
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,483
- Bonus
- $0
- Other
- $0
- Deferred
- $15,392
- Nontaxable benefits
- $10,846
- Filer's total
- $211,721
-
Allan HolmesALLAN HOLMES
EDITOR & DIRECTOR OF COMMU
- Total calculated
- $155,767
- From this org
- $142,588
- From related orgs
- $0
- Other
- $13,179
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $142,588
- Bonus
- $0
- Other
- $0
- Deferred
- $11,761
- Nontaxable benefits
- $1,418
- Filer's total
- $155,767
-
Roger NelsenROGER NELSEN
DIRECTOR OF ALUMNI RECORDS & INFORMATION SYSTEMS
- Total calculated
- $136,392
- From this org
- $112,917
- From related orgs
- $0
- Other
- $23,475
- Hours/week
- 40
-
Lisa BeersLISA BEERS
CONTROLLER
- Total calculated
- $123,123
- From this org
- $104,368
- From related orgs
- $0
- Other
- $18,755
- Hours/week
- 40
-
Jason SmithJASON SMITH
DESIGN DIRECTOR AND MANAGING EDITOR
- Total calculated
- $122,665
- From this org
- $104,197
- From related orgs
- $0
- Other
- $18,468
- Hours/week
- 40
-
Julie GonyaJULIE GONYA
NETWORK ADMINISTRATOR
- Total calculated
- $123,606
- From this org
- $104,196
- From related orgs
- $0
- Other
- $19,410
- Hours/week
- 40
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
- 2023
- Filed
- 9 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541339349301804
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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