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NATIONAL ASSOCIATION OF COLLEGE AND

EIN 53-0259954 WASHINGTON, DC

Revenue 2024
$20,033,806
Expenses 2024
$17,862,592

Program services were 79.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
2000
Street
1110 VERMONT AVE NW STE 800

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE USUAL PUBLIC ACTIVITITES OF THE NATIONAL ASSOCIATION OF COLLEGE AND UNIVSERSITY BUSINESS OFFICERS (NACUBO) ARE TO DEVELOP, PROMOTE, AND IMPROVE BUSINESS AND FINANCIAL PRINCIPLES AND PRACTICES IN THE ADMINISTRATION OF INSTITUTIONS OF HIGHER EDUCATION AND TO FOSTER AMONG MEMBER INSTITUTIONS PROFESSIONAL IDEALS AND STANDARDS IN BUSINESS AND FINANCIAL ADMINISTRATION.NACUBO'S CORE MISSION IS TO IMPROVE FINANCIAL AND ADMINISTRATIVE MANAGEMENT AT INSTITUTIONS OF HIGHER EDUCATION. TO THIS END, NACUBO MARSHALS EXPERTISE, SHARES KNOWLEDGE, PROVIDES TECHNICAL ASSISTANCE, AND ENCOURAGES INNOVATION IN BUSINESS PRACTICES. AREAS OF FOCUS INCLUDE ACCOUNTING AND FINANCIAL MANAGEMENT INCLUDING ENDOWMENTS AND DEBT, TAXATION, STUDENT FINANCIAL SERVICES, AND BUSINESS OPERATIONS INCLUDING INFORMATION TECHNOLOGY AND FACILITIES MANAGEMENT.

Activities or mission (Part I)

TO IMPROVE FINANCIAL AND ADMINISTRATIVE MANAGEMENT AT INSTITUTIONS OF HIGHER EDUCATION.

  • CONFERENCES, WORKSHOPS, AND SEMINARS:THE NACUBO ANNUAL MEETING IS THE MOST IMPORTANT PROFESSIONAL DEVELOPMENT EVENT OF THE YEAR FOR COLLEGE AND UNIVERSITY BUSINESS OFFICERS AND THEIR STAFF. THE NACUBO 2024 ANNUAL MEETING TOOK PLACE IN CHICAGO, ILLINOIS. SESSION TOPICS INCLUDED: STRATEGIES FOR EFFECTIVE LEADERSHIP AND INNOVATIVE APPROACHES TO BUSINESS OFFICE CHALLENGES, STRATEGIC PLANNING, UNDERSTANDING AND NAVIGATING REGULATORY COMPLIANCE IN HIGHER EDUCATION, PLANNING AND BUDGETING IN HIGHER EDUCATION, ENTERPRISE RISK MANAGEMENT, COLLEGE ATHLETICS, MANAGING ORGANIZATIONAL CHANGE, ENDOWMENT MANAGEMENT, AND MANY OTHER TECHNICAL, MANAGERIAL, AND LEADERSHIP ISSUES.IN ADDITION TO THE ANNUAL MEETING, NACUBO CREATES AND DELIVERS A BROAD RANGE OF PROGRAMS, SERVICES, AND PRODUCTS THAT ARE DESIGNED TO STRENGTHEN THE ABILITIES AND KNOWLEDGE OF CAMPUS ADMINISTRATORS AT ALL LEVELS. NACUBO DEVELOPED A VARIETY OF ONLINE WORKSHOPS, WEBINARS, AND OTHER MATERIALS COVERING TOPICS IN THE FIELDS OF ACCOUNTING, HIGHER EDUCATION FINANCE, LEADERSHIP AND MANAGEMENT, TAX, STUDENT FINANCIAL SERVICES, CAMPUS OPERATIONS, AND TECHNOLOGY. NACUBO IS REGISTERED WITH THE NATIONAL ASSOCIATION OF STATE BOARDS OF ACCOUNTANCY (NASBA) AS A SPONSOR OF CONTINUING PROFESSIONAL EDUCATION ON THE NATIONAL REGISTRY OF CPE SPONSORS. NACUBO ADMINISTERS A CONTINUING PROFESSIONAL EDUCATION (CPE) CREDIT PROGRAM FOR CERTIFIED PUBLIC ACCOUNTANTS.

    Expenses $5,327,776 · Grants $119,100 · Revenue $4,306,627

  • MEMBER SERVICES:UNIVERSITIES - THE ASSOCIATION KEEPS MEMBERS INFORMED OF FEDERAL ACTIONS, SOLICITS MEMBER OPINIONS AND CONCERNS, AND ADVOCATES FOR THE BEST INTERESTS OF COLLEGES AND UNIVERSITIES WITH CONGRESS AND FEDERAL AGENCIES. THE ASSOCIATIONS REPRESENTING VARIOUS HIGHER EDUCATION CONSTITUENCIES. IN ADDITION, NACUBO IS THE VOICE FOR HIGHER EDUCATION WITH THE VARIOUS BODIES THAT SET STANDARDS FOR ACCOUNTING PRACTICES, SUCH AS THE FINANCIAL ACCOUNTING STANDARDS BOARD, THE ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS, AND THE U.S. GENERAL ACCOUNTING OFFICE. RESEARCH - NACUBO UNDERTAKES BOTH ON-GOING LONGITUDINAL STUDIES IMPORTANT TO THE HIGHER EDUCATION INDUSTRY SUCH AS THE ASSOCIATION'S ANNUAL STUDY OF COLLEGE AND UNIVERSITY ENDOWMENTS AND SHORT SURVEYS OR RESEARCH ON SPECIFIC ISSUES OF CONCERN.GRANTS - NACUBO RECEIVED FUNDING FOR A GRANT TO SERVE ITS MEMBERS AND DEVELOP STRATEGIC FINANCE MODELS THAT PRIORITIZE AND SUSTAIN STUDENT EQUITY, SUCCESS, AND COMPLETION INITIATIVES. DURING THE THREE-YEAR GRANT, NACUBO WILL FACILITATE THE CREATION OF FRAMEWORKS, TOOLS, AND MODELS THAT CAN MOVE INSTITUTIONS TOWARDS SUSTAINABLE, INSTITUTION-WIDE FINANCIAL AND OPERATIONAL ACTIVITIES THAT INCREASE EQUITABLE OUTCOMES AND COMPLETION FOR STUDENTS. THE WORK WILL PARTICULARLY FOCUS ON WAYS TO INCREASE GUIDED PATHWAYS AND IMPROVE TRANSFER OUTCOMES.REGIONAL ASSOCIATIONS AND PARTNERSHIPS - NACUBO MANAGES AN ASSOCIATION MANAGEMENT SYSTEM THAT SERVES THE JOINT MEMBERSHIP OF THE NATIONAL ASSOCIATION AND ITS FOUR REGIONAL AFFILIATED ASSOCIATIONS (CACUBO, EACUBO, SACUBO AND WACUBO). THE SYSTEM CAPTURES A VARIETY OF DATA POINTS THAT ENABLE IMPROVED TRACKING OF INDIVIDUAL MEMBER ACTIVITY AND DUES BILLING AND COLLECTION PROCESSES. THIS DATABASE IS LINKED TO BOTH A CONTENT MANAGEMENT SYSTEM AND THE ASSOCIATION WEBSITE IMPROVING MEMBER SERVICE.AWARDS PROGRAM - NACUBO RECOGNIZES INSTITUTIONAL AND INDIVIDUAL EXCELLENCE THROUGH ITS AWARDS PROGRAM. THESE AWARDS WERE PRESENTED TO INDIVIDUALS WHO SHOWED OUTSTANDING ACHIEVEMENT AND EXEMPLARY PERFORMANCE IN THE AREAS OF FINANCIAL MANAGEMENT, ENDOWMENT MANAGEMENT, PROFESSIONAL DEVELOPMENT AND MORE. INSTITUTIONS WERE RECOGNIZED THAT DEMONSTRATED INNOVATION IN THE AREAS OF PROCESS IMPROVEMENT AND RESOURCE ENHANCEMENT.

    Expenses $4,190,090

  • ADVOCACY AND POLICY:NACUBO'S ADVOCACY AND PUBLIC POLICY TEAM TRACKS FEDERAL LEGISLATIVE AND REGULATORY ACTIVITIES THAT COULD IMPACT MEMBER INSTITUTIONS AND THE STUDENTS THAT THEY SERVE. THE TEAM'S FOCUS IS TO REPRESENT AND SERVE THE DIVERSE NEEDS OF THE COLLEGE AND UNIVERSITY BUSINESS OFFICE. KEY ACTIVITIES INCLUDE ADVOCACY BEFORE LEGISLATORS AND STAFF, EXECUTIVE BRANCH STAFF, AND OTHER POLICYMAKERS AS WELL AS PARTICIPATION IN ADVOCACY COALITIONS. IT ALSO INCLUDES COMMUNICATING POLICY AND RELEVANT HIGHER EDUCATION SECTOR UPDATES TO NACUBO MEMBERS.

    Expenses $2,834,478

  • CONSULTING:NACUBO CONSULTING PROVIDES PRACTICAL GUIDANCE TO HIGHER EDUCATION INSTITUTIONS. OUR AIM IS TO BE AN INSTITUTION'S PARTNER IN PRACTICE. NACUBO CONSULTANTS BRING EXPERTISE, EXPERIENCE, AND LEADERSHIP ABILITIES TO EVERY ENGAGEMENT SEEKING TO SUPPORT INSTITUTIONS IN CRITICAL AREAS. ALL OF THE CONSULTING ENGAGEMENTS ARE CUSTOMIZED WITH DEFINED SCOPES OF WORK TO SUPPORT MEMBER'S WORK THROUGH COMPLEX PROBLEMS OR IMPROVE OPERATIONS.

    Expenses $1,792,319 · Revenue $1,526,689

  • PUBLICATIONS AND OTHER PRODUCTS:NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS REMAINS A SOURCE OF PROFESSIONAL INFORMATION FOR MEMBERS. NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS SELLS APPROXIMATELY 12 PUBLICATION TITLES.

    Expenses $118,297 · Revenue $158,669

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • KARA FREEMAN

    PRESIDENT & CEO

    Total calculated
    $637,963
    From this org
    $564,898
    From related orgs
    $0
    Other
    $73,065
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $504,757
    Bonus
    $57,500
    Other
    $2,641
    Deferred
    $45,783
    Nontaxable benefits
    $27,282
    Filer's total
    $637,963

  • LAURA HUBBARD

    ACTING CHAIR & VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • RUSS HANNAH

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • TASHNI-ANN DUBROY

    BOARD VICE CHAIR (UNTIL 12/24)

    Total calculated
    $0
    Hours/week
    1

  • DARRELL DUNCAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • CHOI HALLADAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANGELA BLANTON

    DIRECTOR (UNTIL 07/24)

    Total calculated
    $0
    Hours/week
    1

  • BRAD BACA

    DIRECTOR (UNTIL 07/24)

    Total calculated
    $0
    Hours/week
    1

  • BRETT SWEET

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CLAIR KNAPP

    DIRECTOR (UNTIL 07/24)

    Total calculated
    $0
    Hours/week
    1

  • DAWN ALSTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DEBBIE MULLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ELLEN HERBST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GUADALUPE VALENCIA-SKANES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAMES S MATTEO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN W CRAWFORD

    DIRECTOR (UNTIL 07/24)

    Total calculated
    $0
    Hours/week
    1

  • JOSE C RODRIGUEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KELLY FOX

    DIRECTOR (UNTIL 07/24)

    Total calculated
    $0
    Hours/week
    1

  • MARK VOLPATTI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL D VOLNA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL CLUNE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NOEL A SLOAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RAYSA LEE-GRAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBYN PENNIGTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROMAYNE L BOTTI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $20,033,806
    Expenses
    $17,862,592
    Contributions
    $11,400,026
    Grants paid
    $119,100
  • 2023
    Revenue
    $16,387,304
    Expenses
    $17,325,943
    Contributions
    $10,408,131
    Grants paid
    $232,500
  • 2022
    Revenue
    $17,490,386
    Expenses
    $16,629,168
    Contributions
    $10,982,015
    Grants paid
    $255,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2021 · 990

    Revenue
    $19,712,645
    Expenses
    $12,636,957
    Assets (EOY)
    $30,694,720

  • 2021 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2020 · 990

    Revenue
    $12,479,810
    Expenses
    $11,154,742
    Assets (EOY)
    $26,631,746

  • 2019 · 990

    Revenue
    $16,896,763
    Expenses
    $15,076,312
    Assets (EOY)
    $21,257,129

  • 2018 · 990

    Revenue
    $17,099,921
    Expenses
    $18,121,953
    Assets (EOY)
    $21,244,611

  • 2017 · 990

    Revenue
    $16,906,777
    Expenses
    $17,526,066
    Assets (EOY)
    $22,646,484

  • 2016 · 990

    Revenue
    $16,241,660
    Expenses
    $17,012,672
    Assets (EOY)
    $22,390,029

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.