2022-05-13T11:30:50-05:00 2021-06-30 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402413902 990 2020-07-01 311106941 University of Louisville Athletic Association UNIV 5028527072 2215 S Brook Street Louisville KY 402082772 Daniel A Durbin Assistant Treasurer 2022-05-13 true Daniel A Durbin 999009999 Rachel Spurlock P00520729 5023263996 2020 2022-09-23 18:48:47Z Lori Stewart Gonzalez 2215 S Brook Street Louisville KY 402082772 98704306 false X http://www.gocards.com/ X 1984 KY The University of Louisville Athletic Association is organized to develop intercollegiate athletic teams composed of students of the University of Louisville and to schedule and manage intercollegiate athletic contests, all in the harmony with and in subjection to the general education policy of the University of Louisville. 29 10 513 102 32704 32704 39240784 35399937 42908513 17668884 236699 15534 44548465 45614490 126934461 98698845 16550456 15647230 0 47679611 43431515 0 1058751 58191496 44258055 122421563 103336800 4512898 -4637955 289291232 287292046 162958241 164581670 126332991 122710376 The University of Louisville Athletic Association is organized to develop intercollegiate athletic teams composed of students of the University of Louisville and to schedule and manage intercollegiate athletic contests, all in the harmony with and in subjection to the general education policy of the University of Louisville. false false 99711290 15647230 18642140 The University of Louisville Athletic Association (ULAA) achieved many impressive results during its 2020-2021 fiscal year. ULAA's student athletes excelled academically and were awarded for community service efforts. Cardinal sports teams collectively achieved an impressive 3.256 combined grade point average for the 2020-21 academic year, including a 3.289 GPA for the 2021 spring semester. Twenty of 23 sports programs were above a 3.0 collective GPA for the 2021 Spring semester. A total of 360 student-athletes were 2020 Red and Black Scholars, representing a cumulative GPA of 3.25 or better, while 399 students were recognized on honor roll with over a 3.0 GPA for the spring semester. This ranked as the seventh-highest total among any school in the league. UofL student-athletes matched a record 91 percent graduation rate in the latest Graduation Success Rate (GSR) Report. ULAA student-athletes also finished second among all Division I institutions in the 2021 NCAA Team Works Service Challenge. Cardinal student-athletes totaled 1,405 hours of service throughout the duration of competition and had 94% of student-athletes participate in a service opportunity. Field Hockey and Women's Soccer led the department throughout the competition, averaging 7 hours per student-athlete, while seventeen teams had 100% participation among their student-athletes. 629 volunteers managed to amass an economic impact of over $38,222 even while covid restrictions were still in place. With the success of multiple fall and winter sports programs, the University of Louisville Athletics department rose to 23rd in the nation in the Learfield IMG College Directors' Cup Division I standings. Louisville accumulated 429 points through the winter sports season, placing the Cardinals as one of six ACC schools among the nation's top 30. Men's swimming and diving matched its highest-ever finish, ranking fifth in the NCAA Championship, with two National Champion performances, while the Cardinals' women's swimming and diving team finished 13th in the nation. Women's Track & Field captured its third NCAA National Individual Champion in school history as Makenli Forrest won the NCAA indoor weight throw national title. Women's Basketball advanced to the NCAA Elite Eight, with ACC Player of the Year Dana Evans, a Honda Sport Award finalist, earning consensus first team All-America honors. The 2021 Kay Yow ACC Scholar Athlete of the Year, Evans was the 13th overall selection in the WNBA Draft. In a season that spanned the fall and spring, field hockey reached the program's first Final Four as the nation's No. 3 seed. Mercedes Pastor, Alli Bitting and Charlie van Oirschot were named All-ACC and Meghan Schneider won the NCAA Elite 90 Award with a 4.0 GPA. Volleyball, also playing in both the fall and spring, reached the NCAA Sweet 16 for the second straight year with three players earning All-America accolades in addition to head coach Dani Busboom Kelly winning ACC Coach of the year. Louisville's men's golf team earned the most points of any of the school's spring sports. The Cardinals tied for ninth in the NCAA Championship - its best finish in school history -- after advancing to the playoff round of the national championship for its third time ever. Hosting a regional for the first time in school history, UofL's women's golf team finished in a tie for 11th-place in the NCAA Regional competition. ULAA finished 40th nationally by the end, marking the 11th consecutive season in the top 40. Internally and externally, ULAA has taken strides to increase diversity, equity, and inclusion efforts. Associate Athletic Director, Marvin Mitchell, was named to the ACC's new Committee for Racial and Social Justice, helping to lead our conference in diversity and equity standards, while the department created the Strategically Organizing Against Racism (S.O.A.R.) Committee to meet weekly to enhance knowledge and empower action. 99711290 true true false false false false false false true true false false false true false true true false false false false false false false false false false true true true false false false false false false false false false false true false false false false true false false false true 180 0 true 513 true true true false false false false false false false false false true false X 29 10 false false false false false false true true true false false true true true true true true true true false KY X X Beverly G Santamouris 5028526164 Service Complex-Univ of Louisville Louisville KY 40292 Andrew B Grubb Treasurer 0.5 49.5 X X 0 46361 17804 Daniel A Durbin Asst. Treasurer 0.5 49.5 X X 0 406357 36701 Dr Neeli Bendapudi President and Chair 0.5 49.5 X X 0 736875 47756 Eugene G Mueller Vice Chair 0.5 49.5 X X 0 147316 25185 Sabrina Collins Secretary 0.5 9.5 X X 0 5829 0 Benjamin L Barberie Director 0.5 9.5 X 0 3500 0 Dennis P Heishman Director 0.5 0 X 0 0 0 Dr Beth Boehm Director to 3/31/21 0.5 49.5 X 0 395812 36647 Dr Thomas Gerard Bradley Director 0.5 49.5 X 0 414251 38311 James M Rogers Director 0.5 0.5 X 0 0 0 Jasmine L Farrier Director 0.5 49.5 X 0 185425 25890 Jeremy D Clark Director 0.5 49.5 X 0 90331 15504 Karen Turner Director 0.5 49.5 X 0 70900 8634 Krista B Wallace-Boaz Director 0.5 49.5 X 0 117161 24920 Laurence Benz Director 0.5 0 X 0 0 0 Lori Gonzalez PhD Director from 4/1/21 0 X 0 0 0 Mark J Watkins Director 0.5 49.5 X 0 262451 35908 Prof Dawn Heinecken Director 0.5 49.5 X 0 105412 19677 Prof Sharon Moore Director 0.5 49.5 X 0 104810 21783 Prof Sheldon J Bond Director 0.5 49.5 X 0 111167 10301 Robert E Berson PhD Director 0.5 49.5 X 0 120330 10024 Ronald L Wright Director 0.5 0.5 X 0 0 0 Ryan Bridgeman Director 0.5 0 X 0 0 0 Sam Rechter Director 0.5 0 X 0 0 0 Shannon I Rickett Director 0.5 49.5 X 0 140173 21514 Sherrill Zimmerman Director from 4/9/21 0.5 0.5 X 0 0 0 Steve Jones Director 0.5 0 X 0 0 0 Tom Andrews Director 0.5 0 X 0 0 0 Tom Meeker Director 0.5 0 X 0 0 0 Whitney A Nash Director 0.5 49.5 X 0 178245 27993 Kyle J Beamer Assistant Secretary 0.5 49.5 X 0 73057 16951 Vincent J Tyra Athletic Director 50.0 0 X 819938 0 45816 Joshua Heird Deputy Athletic Director 50.0 0 X 214849 0 28006 Billy Dwayne Ledford Asst. Football Coach 50.0 0 X 788215 0 41870 Christopher L Mack Men's Basketball Coach 50.0 0 X 3939119 0 49130 Daniel S McDonnell Men's Baseball Coach 50.0 0 X 1393672 0 173136 Fredric Scott Satterfield Head Football Coach 50.0 0 X 3410217 0 47977 Jeff Walz Women's Basketball Coach 50.0 0 X 1507805 0 48318 Prof Enid Trucios-Haynes Former Vice Chair 50.0 X 0 165276 32383 12073815 3881039 908139 68 true true false AEG Management Louisville LLC 1 Arena Plaza Louisville KY 40202 Event Management 1203439 Air Charter Services Inc 2500 E Las Olas Blvd Fort Lauderdale FL 33301 Travel Services 915034 Bond Schoeneck & King PLLC 7500 College Blvd Overland Park KS 66210 Legal Services 596556 Camatic Seating Inc 12801 N Stemmons Fwy Farmers Branch TX 75218 Construction Services 522905 ABM Industries 10310 Bluegrass Pkwy Louisville KY 40299 Facility management 507493 32 3099531 5176601 27123805 306374 35399937 Total Sports Revenue 711210 16768884 16736180 32704 Student Athletic Fees and Related 713940 900000 900000 0 0 0 0 17668884 20995 20995 44608530 44608530 0 0 5461 -5461 0 -5461 -5461 Administrative Support Services 561990 990011 990011 Marketing and Development Revenue 711320 15949 15949 0 0 0 0 1005960 98698845 18642140 32704 44624064 15647230 15647230 971550 971550 34415651 32692534 970347 752770 5245009 4828661 260078 156270 2799305 2647704 96105 55496 964841 964841 28655 26455 2200 5390641 5193307 191783 5551 156860 153960 925 1975 134786 131390 1963 1433 1407784 1357081 4064 46639 4328846 4323367 4176 1303 6998242 6990332 3163 4747 19360 19360 868493 868493 8200466 8200466 1574320 1574320 Athletic event fees and expenses 1299225 1294844 1502 2879 Repairs and maintenance 1553209 1541449 11760 Small equipment purchases and rentals 1593529 1592153 837 539 Other licenses and fees 1406865 1396688 10177 8331933 8293110 23634 15189 103336800 99711290 2566759 1058751 52500 52500 22208787 25971580 9335338 9989254 25550893 27077882 0 0 0 0 4433860 5418126 1433197 1357826 298131175 86455425 218363849 211675750 6413489 4164566 0 0 1499319 1584562 289291232 287292046 26229007 22107543 31276757 36554439 0 0 3034000 20000000 102418477 85919688 162958241 164581670 X 126332991 122710376 126332991 122710376 289291232 287292046 -4637955 1015340 0 X false true X true false X X X 1 UNIVERSITY OF LOUISVILLE 611014882 6 true 0 0 1 0 0 45371652 29319607 41938861 39240784 35399937 191270841 0 0 45371652 29319607 41938861 39240784 35399937 191270841 0 191270841 27412921 29875125 40095908 42326450 44629525 184339929 0 121515 196695 83512 32704 434426 0 0 0 0 0 0 376045196 205658987 0.5086 0.5371 X true true false false false false false false false false false false false false false true false Schedule A, Part IV, Section A, Line 2 Supported Org. Without IRS Status 509(a)1 or (2) The University of Louisville Athletics Association supports the University of Louisville, a State university exempt under IRC Sec 115. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5459918 339000 702153 1492944 1528552 49969 3429606 11148321 15091 420662 476275 5544637 103244 5459918 12229757 21334 2802971 1061273 2575413 269055 11148321 22233854 347763 425325 2354389 8264905 157891 12229757 23521401 1206036 961564 204137 2964193 286817 22233854 0.396 0.604 0.0 true false 5150911 5150911 278087275 79313609 198773666 1299301 1072809 226492 7313111 4844973 2468138 6280577 1224034 5056543 211675750 Due to University of Louisville 85919688 85919688 99693191 1015340 0 1015340 98677851 20994 20994 98698845 103315806 -20994 -20994 103336800 0 0 103336800 Schedule D, Part V, Line 4 Intended uses of endowment funds The University of Louisville Athletic Association's main endowment investments are intended for athletic scholarships. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Reclass investment income netted with nonoperating expenses on financial statements - 20994 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Reclass investment income netted with nonoperating expenses on financial statements - -20994 true SCHOLARSHIPS 790 15647230 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Students are selected and continue to receive assistance based on their ability to contribute to the athletic program of the University of Louisville. All financial aid both athletic and non-athletic is under the control of the university Office of Financial Aid. The Office of Athletic Compliance employs a full-time Compliance Coordinator who works as a liaison with the University Financial Aid Office to monitor all athletic and non-athletic financial aid provided to our student-athletes. This includes monitoring all individual and team NCAA limits, renewals, non-renewal and cancellation of athletic scholarships, the awarding of summer financial aid, and oversees the disbursement of the Student-Assistance fund for eligible student-athletes. X X X true true X X X X X false false false false false false false false false Prof Enid Trucios-Haynes Former Vice Chair 0 164088 0 0 0 1188 0 9324 0 23059 0 197659 0 0 Daniel A Durbin Asst. Treasurer 0 405583 0 0 0 774 0 16198 0 20503 0 443058 0 0 Dr Neeli Bendapudi President and Chair 0 669879 0 0 0 66996 0 28500 0 19256 0 784631 0 0 Eugene G Mueller Vice Chair 0 146542 0 0 0 774 0 6708 0 18477 0 172501 0 0 Dr Beth Boehm Director to 3/31/21 0 394624 0 0 0 1188 0 21760 0 14887 0 432459 0 0 Dr Thomas Gerard Bradley Director 0 413278 0 0 0 973 0 16241 0 22070 0 452562 0 0 Shannon I Rickett Director 0 139993 0 0 0 180 0 7711 0 13803 0 161687 0 0 Jasmine L Farrier Director 0 185011 0 0 0 414 0 9854 0 16036 0 211315 0 0 Mark J Watkins Director 0 262037 0 0 0 414 0 14771 0 21137 0 298359 0 0 Whitney A Nash Director 0 177471 0 0 0 774 0 9516 0 18477 0 206238 0 0 Vincent J Tyra Athletic Director 801936 0 0 0 18002 0 28542 0 17274 0 865754 0 0 0 Joshua Heird Deputy Athletic Director 209618 0 0 0 5231 0 7889 0 20117 0 242855 0 0 0 Jeff Walz Women's Basketball Coach 1393142 0 85000 0 29663 0 28500 0 19818 0 1556123 0 0 0 Daniel S McDonnell Men's Baseball Coach 1107820 0 275000 0 10852 0 154246 0 18890 0 1566808 0 210000 0 Christopher L Mack Men's Basketball Coach 3791079 0 100000 0 48040 0 28500 0 20630 0 3988249 0 0 0 Fredric Scott Satterfield Head Football Coach 3079733 0 300000 0 30484 0 28500 0 19477 0 3458194 0 0 0 Billy Dwayne Ledford Asst. Football Coach 717340 0 56750 0 14125 0 22500 0 19370 0 830085 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel Both the men's basketball and football teams travel to away competitions on charter planes. Charter service is submitted for competitive bids for both teams to obtain the price/service. This process is per industry standard for the majority of Division I schools. Per the organization's policies, first class airfare cannot be expensed back to the organization. Schedule J, Part I, Line 1a Travel for companions The organization obtains approval from the President's Office for all travel of athletic staff family members to special events such as post-season competitions, holiday tournaments, and other events where spouses are expected to attend for bona fide business purposes. Expenses are covered from unrestricted monies and not part of the Athletic Association's operating budget. All spousal or family member travel is taxed as applicable according to IRS rules and regulations. Schedule J, Part I, Line 1a Health or social club dues or initiation fees The organization is authorized to provide country club memberships for the athletic director and some of its coaching staff as part of their respective employment contracts. These benefits are taxed accordingly where provided. A University of Louisville 611014882 914391R41 2016-12-27 81099955 Retire 2008 Bonds for finance of football stadium expansion false false false A 7835000 0 81728729 0 0 30980902 511804 0 0 50236023 0 0 2018 false true true true A false false true true false 0.1756 0.0 0.1756 false false true A false false false true false false false false false true A true Schedule K, Part II, Line 3 Total Proceeds of Issue TOTAL PROCEEDS OF $81,728,729 LESS ALLOCATED INTEREST EARNINGS OF $628,774 RECONCILES TO THE ISSUE PRICE OF $81,099,955. Schedule K, Part III, Line 6 Private Business Use Pertains to various naming rights contracts. The average annual yearly private business use percent over the measurement period is 9.06 percent. Schedule K, Part IV, Line 2c Rebate computation As of the most recent calculation dated December 27, 2021, the bond has negative rebatable arbitrage totaling ($2,068,495). X 3 201874 Market value X 1 59500 Market value X MATERIALS & SUPPLIES 1 45000 Cost 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - CONTRIBUTIONS OF MULTIPLE SHARES OF STOCK Food inventory - Catering/food Other - MATERIALS & SUPPLIES MULTIPLE CONTRIBUTIONS OF MATERIALS AND SUPPLIES USED IN CONSTRUCTION PROJECT Form 990, Part VI, Line 18 TAX RETURN DISCLOSURE COPIES OF THE ORGANIZATION'S MOST RECENT FORMS 990 AND 990-T ARE AVAILABLE UPON REQUEST. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The organization's bylaws provide for an executive committee. The executive committee includes the following members: (1) Chair of the board or the chair's designee; (2) Faculty Athletics Representative to the NCAA (FAR); (3) One vice president; (4) One administrator; (5) One faculty member; (6) One trustee; (7) One at-large member; and (8) the Responsible Officer (VP for Athletics) as non-voting, ex officio. The executive committee acts for the board in the interim between regular meetings in actions such as hiring of coaches and to elect, appoint, or remove other members of the board. Any majority vote for an action must include the President voting in the affirmative. Form 990, Part VI, Line 11b Review of form 990 by governing body University of Louisville finance personnel and an outside firm prepared the return and a copy of the return was provided to all board members for review prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy If an item is presented to the Board of Directors (or any other policy board) for action, e.g., purchase of property, merging with another entity, buying services, etc., the Board member will disclose his or her possible conflict of interest and must recuse himself or herself from voting. The Board member also avoids participating in any decision or advocating for any decision of the Board. In some circumstances, e.g., when the conflict of the Board member places the Board member in competition with the University, the Board member will leave the board meeting during discussion or update on the action. Before any meeting of the various boards, an agenda is circulated to each member or director with descriptions of the action items. This allows sufficient time for any board member or director to alert the board about a potential conflict of interest. Past practice includes written disclosure by the board member outlining: (1) that a conflict of interest may exist; (2) the nature and extent of the conflict; and (3) the description and potential benefit, direct or indirect, to the member of the board. This information will be supplied to legal counsel and the entire board ahead of the meeting, and a copy of the information will be maintained in the board member's file. Form 990, Part VI, Line 15a Process to establish compensation of top management official The process for determining compensation of the organization's Athletic Director, the top management official, involved all of the following elements: - Data gathering and analysis of compensation at comparably sized organizations by an independent third-party consulting firm along with benchmarking against other qualified officials in similarly situated positions; - Review and approval of the third-party firm's analysis by the organization's independent personnel committee; - Review and approval by the organization's board of directors pursuant to feedback from the personnel and the third-party consulting firm; and - Contemporaneous documentation of the compensation determination process by the third-party consulting firm and by both the personnel committee and the board of directors in each body's respective minutes. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE PROCESS FOR DETERMINING COMPENSATION OF THE DEPUTY ATHLETIC DIRECTOR INVOLVED ALL OF THE FOLLOWING ELEMENTS: - Data gathering by the board's independent personnel committee and analysis of compensation at comparably sized organizations along with benchmarking against other qualified officials in similarly situated positions; - Review and approval by the organization's board of directors; and - Contemporaneous documentation of the compensation determination process by the organization's administration and by the personnel committee and the board of directors in each body's respective minutes. Form 990, Part VI, Line 19 Required documents available to the public Copies of the organization's financial statements, articles of incorporation, and conflict of interest policy are available at www.louisville.edu or upon request. UNIVERSITY OF LOUISVILLE UNIVERSITY OF LOUISVILLE LOUISVILLE KY 40292 611014882 EDUCATION KY NA false UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION INC UNIVERSITY OF LOUISVILLE LOUISVILLE KY 40292 611029626 RESEARCH KY 501(c)(3) 5 UNIVERSITY OF LOUISVILLE false UNIVERSITY OF LOUISVILLE MEDICAL SCHOOL PRACTICE ASSOC 550 SOUTH JACKSON STREET LOUISVILLE KY 40202 611250153 MEDICAL CARE KY 501(c)(3) 7 UNIVERSITY OF LOUISVILLE false UNIVERSITY PHYSICIANS GROUP INC 323 EAST CHESTNUT STREET LOUISVILLE KY 402021823 611346817 MEDICAL CARE KY 501(c)(3) 3 UNIVERSITY OF LOUISVILLE false UNIVERSITY MEDICAL CENTER INC 250 E LIBERTY ST LOUISVILLE KY 40202 611293786 MEDICAL CARE KY 501(c)(3) 3 UNIVERSITY OF LOUISVILLE false false true true false true false false false false false false false true true true true true false false