Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (i)Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| Total | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... | 1,748,474 | 1,735,310 | 2,928,564 | 2,017,815 | 1,969,881 | 10,400,044 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 1,748,474 | 1,735,310 | 2,928,564 | 2,017,815 | 1,969,881 | 10,400,044 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 966,342 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 9,433,702 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 1,748,474 | 1,735,310 | 2,928,564 | 2,017,815 | 1,969,881 | 10,400,044 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 1,158,796 | 1,086,964 | 1,164,601 | 827,094 | 845,412 | 5,082,867 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support Add lines 7 through 10. | 15,482,911 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513.. | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 6 | Total. Add lines 1 through 5. | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons... | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e | Discount claimed for blockage or other factors (explain in detail in Part VI): | |||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| 7 | Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions) | |||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2014 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2014 |
(iii) Distributable Amount for 2014 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2014 from Section C, line 6 |
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|
2
Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions) |
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| 3 Excess distributions carryover, if any, to 2014: | ||||
| a From 2009.......X | ||||
| b From 2010.......X | ||||
| c From 2011.......X | ||||
| d From 2012.......X | ||||
| e From 2013....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2014 distributable amount | ||||
|
i
Carryover from 2009 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2014 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2014 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) |
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|
6
Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
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|
7 Excess distributions carryover to 2015. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a From 2010.......X | ||||
| b From 2011.......X | ||||
| c From 2012.......X | ||||
| d From 2013....... | ||||
| e From 2014....... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERSHIP SECTION 1. - PERSONS ELIGIBLE A. THE MEMBERSHIP OF THIS ASSOCIATION SHALL CONSIST OF THOSE PERSONS WHO JOIN THE ASSOCIATION BY THE PAYMENT OF DUES. B. ANY GRADUATE OR FORMER STUDENT OF THE UNIVERSITY, OR ANY PERSON WHO IS OR HAS BEEN AFFILIATED WITH THE UNIVERSITY, OR WHO SUBSCRIBES TO THE PURPOSES OF THE ASSOCIATION, MAY BECOME A MEMBER. SECTION 2. - CLASSES OF MEMBERSHIP A. MEMBERS WHOSE DUES ARE CURRENTLY PAID SHALL BE ACTIVE MEMBERS. ACTIVE MEMBERS ONLY ARE ELIGIBLE TO VOTE AND TO HOLD OFFICE IN THE ASSOCIATION. B. HONORARY LIFE MEMBERS. PERSONS WHO PERFORM DISTINGUISHED SERVICES FOR THE UNIVERSITY OR FOR THIS ASSOCIATION, MAY BE ELECTED TO "HONORARY LIFE MEMBERSHIP" IN THE ASSOCIATION BY THREE-FOURTHS VOTE OF THE DIRECTORS PRESENT AT ANY MEETING OF THE BOARD OF DIRECTORS. HONORARY LIFE MEMBERS ARE EXEMPT FROM PAYMENT OF DUES, AND SHALL RECEIVE SUCH SERVICES OF MEMBERSHIP AS THE BOARD OF DIRECTORS MAY DIRECT. C. THE BOARD OF DIRECTORS, BY RESOLUTION, MAY PROVIDE OTHER CLASSES OF MEMBERSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11 | 1) THE FORM 990 TAX RETURN IS REVIEWED BY THE TREASURER OF THE ALUMNI ASSOCIATION. THE TREASURER CONDUCTS A THOROUGH REVIEW OF THE RETURN AND MAKES ANY CORRECTIONS NEEDED. 2) A COPY OF THE RETURN IS PROVIDED TO THE FINANCE COMMITTEE OF THE ASSOCIATION'S BOARD OF DIRECTORS. THE FINANCE COMMITTEE HAS THE AUTHORITY OF THE FULL BOARD OF DIRECTORS TO REVIEW AND APPROVE THE FINAL FORM 990. 3) ONCE THIS PROCESS HAS BEEN COMPLETED AND THE RETURN IS APPROVED BY THE FINANCE COMMITTEE, IT IS SIGNED BY THE PRESIDENT OF THE ASSOCIATION. 4) AN ELECTRONIC COPY OF THE RETURN IS PROVIDED TO THE FULL BOARD OF DIRECTORS VIA EMAIL PRIOR TO THE RETURN BEING FILED. 5) THE RETURN IS FILED WITH THE IRS PRIOR TO THE FILING DEADLINE. |
| FORM 990, PART VI, SECTION B, LINE 12C | AVOIDING CONFLICTS REQUIRES THAT THE UIAA BE FULLY INFORMED ABOUT ITS OWN TRANSACTIONS AND THOSE IN WHICH PARTIES MAY HAVE AN INTEREST. TO ENSURE THAT PARTIES ARE REASONABLY INFORMED OF THE UIAA'S CONFLICTS OF INTEREST AND CONFIDENTIALITY POLICY, AND TO ENSURE THE UIAA IS INFORMED OF RELEVANT INFORMATION, THE UIAA'S BOARD WILL DISTRIBUTE A COPY OF THE POLICY TO EACH PARTY ANNUALLY TOGETHER WITH A DISCLOSURE STATEMENT, AND EACH PARTY MUST COMPLETE AND RETURN THE DISCLOSURE STATEMENT TO THE UIAA. IF ANY INDIVIDUAL OR ENTITY BECOMES A PARTY AFTER THE ANNUAL DISTRIBUTION, THAT PARTY WILL BE PROVIDED WITH A COPY OF THE POLICY PROMPTLY UPON BECOMING A PARTY (E.G., UPON BEING ELECTED A DIRECTOR OR OFFICER, HIRED AS AN EMPLOYEE OR CONSULTANT, ETC). IN ADDITION, PARTIES MUST PROMPTLY INFORM THE BOARD OF ALL CHANGES IN PERSONAL, BUSINESS AND ORGANIZATIONAL INTERESTS AND AFFILIATIONS THAT MAY GIVE RISE TO A CONFLICT. (A) RETENTION OF DISCLOSURE STATEMENTS. THE UIAA WILL RETAIN ALL DISCLOSURE STATEMENTS WITH ITS RECORDS IN A MANNER THAT REASONABLY PROTECTS ANY CONFIDENTIAL INFORMATION FROM PUBLIC DISCLOSURE (EXCEPT AS THE BOARD MAY DEEM NECESSARY TO ENFORCE THIS POLICY OR AS MAY OTHERWISE BE REQUIRED BY LAW). (B) PERIODIC REVIEWS. IN ADDITIONAL TO DISTRIBUTING THIS POLICY AND COLLECTING DISCLOSURE STATEMENTS, THE UIAA WILL CONDUCT REGULAR PERIODIC REVIEWS OF ITS TRANSACTIONS AND RELATIONSHIPS REGARDING WHETHER (I) COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, (II) RETENTION OF ANY SERVICE PROVIDERS OR OTHER ARRANGEMENTS RESULTS IN INUREMENT OF IMPERMISSIBLE PRIVATE BENEFIT OR (III) ANY ACTIVITIES COULD JEOPARDIZE ITS STATUS AS A TAX EXEMPT, CHARITABLE ORGANIZATION. (C) NOTIFICATION OF TRANSACTIONS. BEFORE MEETINGS OF THE BOARD OR APPLICABLE COMMITTEE, APPROPRIATE PARTIES WILL GENERALLY BE SENT INFORMATION ON TRANSACTIONS TO BE CONSIDERED AT THE MEETING TO ALLOW PARTIES TO DISCLOSE IN ADVANCE ANY CONFLICTS. THE UIAA'S BOARD (OR ITS CONFLICTS COMMITTEE, IF CONSTITUTED) OR LEGAL COUNSEL WILL BE AVAILABLE TO ANSWER ANY QUESTIONS WITH RESPECT TO SUCH ISSUES. IF ANY TRANSACTION FOR WHICH ADVANCE NOTICE WAS NOT GIVEN IS TO BE DISCUSSED DURING A MEETING, A PARTY MUST IMMEDIATELY DISCLOSE ANY CONFLICT PRIOR TO DISCUSSIONS OF THE TRANSACTION. IF THE BOARD DEEMS IT APPROPRIATE, THE PARTY MAY BE ASKED TO LEAVE THE MEETING DURING DISCUSSION OF THE TRANSACTION INVOLVING THE CONFLICT. (D) NEGOTIATION OF AN APPROVED INTERESTED TRANSACTION. IF THE BOARD APPROVES A TRANSACTION THAT INVOLVES A PARTY'S CONFLICT, ONLY DISINTERESTED PARTIES MAY PARTICIPATE IN NEGOTIATIONS RELATED TO THE TRANSACTION UNLESS THE UIAA HAS EXPRESSLY WAIVED THE CONFLICT AND APPROVED THE CONFLICTED PARTY'S PARTICIPATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT SHALL BE EVALUATED ANNUALLY BY THE CHAIRPERSON OF THE ASSOCIATION OR DESIGNEE, AND BY A UNIVERSITY VICE PRESIDENT TO BE DESIGNATED BY THE PRESIDENT OF THE UNIVERSITY OF IOWA, IN ACCORDANCE WITH UNIVERSITY CRITERIA, POLICIES, AND PROCEDURES. THE MAIN CRITERIA ARE TO INCLUDE ENVISIONING ANNUAL GOALS AND EXECUTING OPERATING PLANS, EFFECTIVENESS IN IMPLEMENTING BOARD POLICIES, AND MANAGEMENT OF PERSONNEL. THE EVALUATION SHOULD OCCUR BEFORE THE SPRING MEETING OF THE BOARD OF DIRECTORS. INPUT FROM DIRECTORS TO THE ASSOCIATION CHAIRPERSON IS WELCOME. THE HIRING, ROLES, TERMINATION, AND EVALUATION OF THE PRESIDENT WILL BE DONE IN ACCORDANCE WITH THE JANUARY 25, 1997, MEMORANDUM OF AGREEMENT MADE BETWEEN THE UNIVERSITY OF IOWA AND THE ASSOCIATION, AS THAT AGREEMENT MAY BE MODIFIED FROM TIME TO TIME. THE AGREEMENT STATES AS FOLLOWS: ASSOCIATION PRESIDENT: THE ASSOCIATION PRESIDENT SHALL BE EVALUATED ANNUALLY BY THE CHAIR OF THE ASSOCIATION BOARD, OR DESIGNEE, THE VICE PRESIDENT FOR STUDENT SERVICES AND THE UNIVERSITY PRESIDENT, IN ACCORDANCE WITH ASSOCIATION AND UNIVERSITY CRITERIA, POLICIES, AND PROCEDURES. THE MAIN CRITERIA ARE TO INCLUDE ENVISIONING ANNUAL GOALS AND EXECUTING OPERATING PLANS, EFFECTIVENESS IN IMPLEMENTING BOARD POLICIES, AND MANAGEMENT OF PERSONNEL. THE SALARY OF THE ASSOCIATION PRESIDENT SHALL BE SET BY AGREEMENT OF THE ASSOCIATION AND UNIVERSITY. ALL UIAA EMPLOYEES RECEIVE AN ANNUAL WRITTEN PERFORMANCE EVALUATION FROM THEIR DIRECT SUPERVISOR BEFORE MARCH 31 OF EACH YEAR. THEY RECEIVE A PERFORMANCE RATING AS PART OF THE REVIEW PROCESS AND SALARY INCREASE PERCENTAGE IS GIVEN BASED ON THIS PERFORMANCE RATING. ALL SALARIES ARE REVIEWED USING THE UNIVERSITY IOWA'S MARKET BASED SYSTEM. SALARY INCREASES ARE EFFECTIVE JULY 1 OF EACH YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE UIAA'S ARTICLES OF INCORPORATION, BYLAWS, BOARD OF DIRECTOR'S MANUAL, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE UNIVERSITY OF IOWA ALUMNI ASSOCIATION'S WEBSITE: WWW.IOWALUM.COM. THE FINANCIAL STATEMENTS AND TAX RETURN ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION B, LINE 10A: | UIAA RECOGNIZED IOWA CLUBS SERVE AS AN EXTENDING ARM FROM THE UI TO ITS ALUMNI IN DEFINED CLUB AREAS. IOWA CLUBS STRENGTHEN THE UNIVERSITY OF IOWA AND PROVIDE A NETWORK FOR ALUMNI THROUGH THE PLANNING AND IMPLEMENTATION OF A VARIETY OF SOCIAL, EDUCATIONAL, AND CULTURAL PROGRAMS. THE RECOGNIZED IOWA CLUB PROGRAM CATEGORIZES THREE ORGANIZATIONAL LEVELS OF CLUBS BASED UPON TYPES OF ACTIVITIES AND AMOUNT OF REVENUE GENERATED. RECOGNIZED IOWA CLUBS ANNUALLY COMPLETE SPECIFIC COMPLIANCE STANDARDS TO MAINTAIN THEIR RECOGNITION STATUS AND TO ACCESS CORRESPONDING CLUB RESOURCES PROVIDED BY THE UI ALUMNI ASSOCIATION. EACH YEAR, IOWA CLUBS COMPLETE A "REPORT AND CERTIFICATION" DOCUMENT TO INFORM THE UIAA ABOUT ITS QUALIFYING ACTIVITIES AND COMPLIANCE. GENERAL GUIDELINES FOR TAX COMPLIANCE REPORTING ARE ALSO INCLUDED IN THIS HANDBOOK TO ADVISE CLUB VOLUNTEERS ABOUT REPORTING REQUIREMENTS. |
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