2024-10-29T09:22:31-05:00 2024-06-30 350865680 PILE CPAS ONE INDIANA SQ SUITE 1200 INDIANAPOLIS IN 46204 990 2023-07-01 454393937 GREAT MIDWEST ATHLETIC CONFERENCE INC GREA 3175311038 200 SOUTH MERIDIAN STREET 343 INDIANAPOLIS IN 46225 TOM DAEGER COMMISSIONER 3175311038 2024-10-29 1 0 JEREMY C KOPECK CPA P00967303 3172693454 2023 2024-10-15 13:58:12Z TOM DAEGER 200 SOUTH MERIDIAN STREET 343 INDIANAPOLIS IN 46225 2300354 0 X WWW.GREATMIDWESTSPORTS.COM X 2012 IN THE MISSION OF THE GREAT MIDWEST ATHLETIC CONFERENCE IS TO PROMOTE, CONDUCT AND REGULATE COMPETITIVE NCAA DIVISION II INTERCOLLEGIATE SPORTS PROGRAMS THAT WILL ASSIST THE STUDENT-ATHLETES ATTENDING THE CONFERENCE'S MEMBER INSTITUTIONS IN THEIR ATHLETIC, ACADEMIC AND PERSONAL DEVELOPMENT. 14 14 6 14 0 0 794563 975482 1102155 1269642 0 0 11599 4777 1908317 2249901 0 0 0 0 530377 559180 0 0 0 1546504 1677379 2076881 2236559 -168564 13342 264489 218431 151400 92000 113089 126431 X THE MISSION OF THE GREAT MIDWEST ATHLETIC CONFERENCE IS TO PROMOTE, CONDUCT AND REGULATE COMPETITIVE NCAA DIVISION II INTERCOLLEGIATE SPORTS PROGRAMS THAT WILL ASSIST THE STUDENT-ATHLETES ATTENDING THE CONFERENCE'S MEMBER INSTITUTIONS IN THEIR ATHLETIC, ACADEMIC AND PERSONAL DEVELOPMENT. 0 0 1799773 1274419 ASSISTANCE TO ITS MEMBER INSTITUTIONS TO BUILD AND MAINTAIN INTERCOLLEGIATE ATHLETICS PROGRAMS THAT ARE COMPATIBLE WITH THE HIGHEST STANDARDS OF EDUCATION AND COMPETITIVE SPORTS. 1799773 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X TOM DAEGER 3174095228 200 SOUTH MERIDIAN STREET STE 343 INDIANAPOLIS IN 46225 DR CARLOS CAMPO COUNCIL MEMBER - VICE CHAIR 1.00 X X 0 0 0 DR THOMAS WHITE COUNCIL MEMBER 1.00 X X 0 0 0 DR TOM MITZEL COUNCIL MEMBER 1.00 X X 0 0 0 DR GREGORY MILLER COUNCIL MEMBER 1.00 X X 0 0 0 DR DAN BOONE COUNCIL MEMBER 1.00 X X 0 0 0 SISTER CHRISTINE DE VINNE COUNCIL MEMBER 1.00 X X 0 0 0 DR KATHERINE FELL COUNCIL MEMBER 1.00 X X 0 0 0 DR LARRY ARNN COUNCIL MEMBER 1.00 X X 0 0 0 DR SHONNA RIEDLINGER COUNCIL MEMBER 1.00 X X 0 0 0 JENNIFER SCHULLER COUNCIL MEMBER 1.00 X X 0 0 0 DR TIM COLLINS COUNCIL MEMBER 1.00 X X 0 0 0 DR LILLIAN SCHUMACHER COUNCIL MEMBER - CHAIR 1.00 X X 0 0 0 KENT MACDONALD COUNCIL MEMBER 1.00 X X 0 0 0 DR JOE CHILLO COUNCIL MEMBER 1.00 X X 0 0 0 TOM DAEGER COMMISSIONER 40.00 X 193200 0 35300 193200 0 35300 1 0 1 0 0 975482 8165 975482 OFFICIATING PT INCOME 711300 1140202 1140202 TOURNAMENT 711300 70817 70817 MISCELLANEOUS PT INCOM 711300 58623 58623 1269642 55230 50453 4777 4777 2249901 1274419 0 0 X 216692 216692 241580 72271 169309 66235 25741 40494 34673 20804 13869 34099 11063 23036 4294 4294 30488 12195 18293 27202 16321 10881 22642 2944 19698 8873 3549 5324 2115 2115 26182 15709 10473 OFFICIATING EXPENSE 1140202 1140202 TOURNAMENT 80271 80271 CONTRACT LABOR 62313 37388 24925 NCAA MEMBERSHIP INITIAT 54325 54325 184373 140329 44044 2236559 1799773 436786 0 84505 40358 88136 117591 13922 6080 26953 23359 5709 3594 72217 50808 264489 218431 68973 33288 82427 58712 151400 92000 X 113089 126431 113089 126431 264489 218431 13342 0 X X 0 1 X 1 0 X 1013619 765577 790764 794563 975482 4340005 707528 642612 989389 1146644 1324872 4811045 1721147 1408189 1780153 1941207 2300354 9151050 0 0 0 9151050 1721147 1408189 1780153 1941207 2300354 9151050 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25496 21902 3594 1457 1457 0 3594 OPERATING LEASE RIGHT OF USE ASSETS, NET 50808 50808 OPERATING LEASE LIABILITY 58712 58712 X 2300354 50453 50453 2249901 0 2249901 2287012 50453 50453 2236559 0 2236559 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON ITS RELATED ACTIVITIES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN MADE. THE ORGANIZATION FILES THE REQUIRED FEDERAL AND STATE INFORMATION RETURNS. WHENEVER TAX RETURNS ARE FILED, THE FILING ORGANIZATION MUST EVALUATE THE MERITS OF ITS TAX POSITIONS AND DETERMINE IF THEY WILL BE ULTIMATELY SUSTAINED. THOSE TAX POSITIONS FOR THE ORGANIZATION INCLUDE MAINTAINING THEIR TAX EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME. THE ORGANIZATION BELIEVES THESE POSITIONS ARE SUSTAINABLE. ALTHOUGH THE ORGANIZATION HAS NOT INCURRED ANY INTEREST AND PENALTIES ASSOCIATED WITH THESE POSITIONS, IT IS THEIR POLICY TO EXPENSE THEM IN THE STATEMENT OF ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 50,453. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 50,453. X X 0 0 0 0 0 0 0 0 0 TOM DAEGER COMMISSIONER 193200 0 0 0 0 0 35300 0 0 0 228500 0 0 0 PART I, LINE 3 THE COMPENSATION PACKAGE FOR THE TOP MANAGEMENT OF THE CONFERENCE IS REVIEWED ANNUALLY BY THE COUNCIL OF PRESIDENTS IN JUNE. THE CHAIR OF THE PRESIDENTS COUNCIL COORDINATES AN EVALUATION PROCESS AND IN EXECUTIVE SESSION, THE COUNCIL MAKES A DETERMINATION ON THE ANNUAL COMPENSATION PACKAGE AND FORMALLY ADOPTS THE ANNUAL COMPENSATION PACKAGE BY MAJORITY VOTE. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED THEIR BY-LAWS DURING THE FISCAL YEAR TO UPDATE THE LANGUAGE IN VARIOUS SECTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION WAS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES AND TO ASSIST ITS MEMBER INSTITUTIONS BUILD AND MAINTAIN INTERCOLLEGIATE ATHLETICS PROGRAMS. THE MEMBERS ARE COLLEGES AND UNIVERSITIES WITH A COMMON DEDICATION TO EXCELLENCE IN INTERCOLLEGIATE ATHLETICS. FORM 990, PART VI, SECTION A, LINE 7A THE VOTING MEMBERS OF THE PRESIDENTS COUNCIL CONSIST OF THE PRESIDENT OR CHANCELLOR OF EACH MEMBER INSTITUTION. FORM 990, PART VI, SECTION B, LINE 11B THE COMMISSIONER DEVELOPS THE DRAFT OF THE ANNUAL 990 WITH A PAID PREPARER. UPON RECEIPT OF THE FINAL DRAFT FROM THE PREPARER, THE COMMISSIONER SUBMITS THE 990 TO THE FULL COUNCIL OF PRESIDENTS FOR APPROVAL. ANY NECESSARY EDITS ARE UPDATED AND A FINAL REVIEW AND APPROVAL FROM THE CHAIR OF THE COUNCIL OF PRESIDENTS IS REQUESTED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY - THE FOLLOWING LANGUAGE OUTLINES THE EXPECTATIONS FOR MONITORING AND ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY. A. EACH DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL EXECUTE AND DELIVER TO THE CHAIR AN ANNUAL STATEMENT DISCLOSING THE FACTS RELATING TO ANY ACTUAL OR POTENTIAL FINANCIAL INTEREST OR STATING THAT HE OR SHE HAS NO REPORTABLE FINANCIAL INTEREST. THE CHAIR SHALL REPORT THE RESULTS OF THE ANNUAL DISCLOSURE STATEMENTS TO THE BOARD AT ITS ANNUAL MEETING. B. IF ANY DIRECTOR OR OFFICER OF THE CONFERENCE HAS A FINANCIAL INTEREST IN ANY PROPOSED CONTRACT OR OTHER TRANSACTION INVOLVING THE CONFERENCE, THE DIRECTOR OR OFFICER MUST DISCLOSE THE FINANCIAL INTEREST TO THE BOARD OR COMMITTEE AUTHORIZING THE CONTRACT OR TRANSACTION. THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE FINANCIAL INTEREST CONSTITUTES A CONFLICT OF INTEREST. C. A DIRECTOR OR OFFICER WHO HAS A CONFLICT OF INTEREST MAY ANSWER QUESTIONS OF THE BOARD OR COMMITTEE CONSIDERING THE CONTRACT OR TRANSACTION THAT INVOLVES THE CONFLICT. HOWEVER, AFTER ANSWERING QUESTIONS, THE DIRECTOR OR OFFICER SHALL LEAVE THE MEETING DURING THE DISCUSSION OF THE MERITS OF THE CONTRACT OR TRANSACTION AND SHALL NOT VOTE ON THE CONTRACT OR OTHER TRANSACTION. THE INTERESTED DIRECTOR OR OFFICER SHALL BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION PACKAGE FOR THE TOP MANAGEMENT OF THE CONFERENCE IS REVIEWED ANNUALLY BY THE COUNCIL OF PRESIDENTS IN JUNE. THE CHAIR OF THE PRESIDENTS COUNCIL COORDINATES AN EVALUATION PROCESS AND IN EXECUTIVE SESSION, THE COUNCIL MAKES A DETERMINATION ON THE ANNUAL COMPENSATION PACKAGE AND FORMALLY ADOPTS THE ANNUAL COMPENSATION PACKAGE BY MAJORITY VOTE. FORM 990, PART VI, SECTION C, LINE 19 CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104(D) OF THE INTERNAL REVENUE CODE AND REGULATIONS THEREUNDER, COPIES OF THE IRS FORM 990 AND APPLICATION FOR EXEMPTION SHALL BE MADE AVAILABLE UPON REQUEST, IN A TIMELY MANNER, AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUALS WHO REQUEST IT. OTHER GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST TO THE INDIVIDUALS REQUESTING THEM. FORM 990, PART IX, LINE 11G LEGAL SERVICES - CONTRACTS: PROGRAM SERVICE EXPENSES 4,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,000. MISCELLANEOUS PROFESSIONAL: PROGRAM SERVICE EXPENSES 294. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 294. FORM 990, PART IX, LINE 24E SPORTS PROGRAM: PROGRAM SERVICE EXPENSES 46,647. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,647. NCAA ACADEMICS AND LIFESKILLS: PROGRAM SERVICE EXPENSES 8,912. MANAGEMENT AND GENERAL EXPENSES 35,649. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,561. GAME DAY AND CONFERENCE CHAMPIONSHIPS: PROGRAM SERVICE EXPENSES 37,921. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,921. AWARDS: PROGRAM SERVICE EXPENSES 27,917. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,917. NCAA ATHLETICS, OPERATIONS, AND COM: PROGRAM SERVICE EXPENSES 9,217. MANAGEMENT AND GENERAL EXPENSES 6,145. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,362. BAD DEBT: PROGRAM SERVICE EXPENSES 9,715. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,715. DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,250. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS AND THE SELECTION PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.