2017-05-15T10:12:49-05:00 2016-06-30 350921680 CROWE HORWATH LLP 9600 Brownsboro Road Suite 400 Louisville KY 402411122 990 2015-07-01 311106941 University of Louisville Athletic Association UNIV 5028527072 Controllers Office Service Complex Louisville KY 40292 Susan I Howarth Asst. Treasurer 2017-05-14 true Rachel Spurlock P00520729 5023263996 2015 2021-01-29 14:40:06Z Gregory C Postel Controllers Office Service Complex Louisville KY 40292 112948887 false X http://www.gocards.com/ X 1984 KY The University of Louisville Athletic Association is organized to support and counsel our student-athletes so they will maximize their potential at U of L and be successful in preparing for their future lives. 27 10 614 215 770382 0 36664155 38619206 49432784 45252580 449011 214777 19386928 28862324 105932878 112948887 14544101 18166601 0 41386972 43307046 0 2334584 41946122 44602934 97877195 106076581 8055683 6872306 263678125 280538702 125866525 140564914 137811600 139973788 Our mission is to support and counsel our student-athletes so they will maximize their potential at U of L and be successful in preparing for their future lives. We will provide leadership for our student-athletes to inspire their achievement of the goals established in this mission statement. U of L's competitive athletics provide an outstanding leadership laboratory, and its high quality classroom instruction provides outstanding educational opportunities. It is our responsibility to assure that our student-athletes benefit from these educational and athletic experiences at U of L. To help accomplish our mission, we provide superior services to our fans and donors, the primary financial resources that support our program. These services result in the best opportunities for our student-athletes to participate in well-supported, competitive programs that bring renewed spirit to our campus, our alumni, and the Louisville community. false false 98919677 18166601 46039894 The University of Louisville Athletics Association (ULAA) enjoyed success across the board in 2015-16. The school saw 15 of its teams advance to postseason play. The men's cross country team tipped off the postseason success. The team finished seventh at the NCAA Championships, its best performance in school history and second top-10 showing on the national stage. Ernest Kibet led the Cardinals, finishing 18th for his first career top-20 finish in the NCAA Championship, earning All-American honors to wrap up his cross country career at Louisville. Football followed suit, capturing the Music City Bowl for the school's 10th bowl victory in program history. Lamar Jackson set a Music City Bowl record with 226 yards rushing and was named the game's MVP, leading the Cardinals to a victory over Texas A&M. Also during the fall, volleyball secured its first ACC crown by winning the regular-season championship. The team finished with a record of 25-7, 18-2 in conference play, and was ranked No. 15 in the AVCA Poll in the final week of play. Louisville's baseball team reached the NCAA Super Regional for the sixth time in the last 10 seasons. The Cardinals won their second straight ACC Atlantic Division championship while adding a pair of major awards for the second consecutive season - Dan McDonnell was named ACC Coach of the Year and Drew Harrington was honored as ACC Pitcher of the Year. Kelsi Worrell paced the women's swimming and diving team, which earned six ACC individual titles. The Olympian won the NCAA Championship in the 100-fly with an American Record and the 200-fly. Mallory Comerford was the NCAA silver medalist in the 200-freestyle. The Cardinals concluded the year ranked 29th in the final 2015-16 Learfield Sports Directors' Cup Division I standings. 98919677 true true false false false false false false false true true false false false true false true true false false true false false false false false false true true true true false false false false false false false false false false true false false false false true false false false true 269 0 true 614 true true true false false false false false false false false false X 27 10 false false false false false false false true true false false true true true true true true true false false KY X Ingrid Gentry 5028527072 Service Complex-Univ of Louisville Louisville KY 40292 Dr James R Ramsey President and Chair 0.5 49.5 X X 0 349972 45066 Prof Enid Trucios-Haynes Vice Chair 0.5 49.5 X X 0 181909 28629 Victoria Ann Allen Secretary (to 5/15/2016) 0.5 9.5 X X 0 5595 0 Aaron T Vance Secretary (From 5/16/2016) 0.5 9.5 X X 0 1749 0 Douglas Hall Treasurer 0.5 0.5 X X 0 0 0 Harlan M Sands JD Asst. Treasurer 0.5 49.5 X X 0 357495 38023 William W Armstrong Director 0.5 49.5 X 0 59641 24360 Robert E Berson PhD Director 0.5 49.5 X 0 98096 17200 Chip Blankenship Director 0.5 0 X 0 0 0 Ulysses L Bridgeman Jr Director 0.5 0 X 0 0 0 Pedro Coutinho Director (To 5/15/2016) 0.5 0 X 0 0 0 Prof Carmine Esposito Director 0.5 49.5 X 0 145070 28246 Ed Glasscock Director 0.5 0 X 0 0 0 Dawn Heinecken PhD Director 0.5 49.5 X 0 77274 19424 Dennis P Heishman Director 0.5 0 X 0 0 0 Dr Mary Hums Director 0.5 49.5 X 0 92929 21739 A Keith Inman Director 0.5 49.5 X 0 384602 47295 Prof Bruce Kemelgor Director 0.5 49.5 X 0 105515 27279 Dr Kimberly Kempf-Leonard Director 0.5 49.5 X 0 261501 27547 Cynthia McClellen Director 0.5 0 X 0 0 0 Amanda Nitzken Director (From 5/16/2016) 0.5 0 X 0 0 0 Neville G Pinto PhD Director 0.5 49.5 X 0 382644 39875 Joseph W Prather II MD Director 0.5 0.5 X 0 0 0 Sam Rechter Diector 0.5 0 X 0 0 0 Robert H Staat MD Director 0.5 50.0 X 0 123257 31204 William A Stone Director 0.5 0 X 0 0 0 Jessica R Stumbo MD Director 0.5 49.5 X 0 151747 34192 Prof Gerald H Tolson Director 0.5 49.5 X 0 100364 21726 Prof Elaine O Wise Director 0.5 49.5 X 0 97753 23707 Thomas M Jurich Athletic Director 50.0 0 X 2467199 0 293643 Kathleen M Smith Assistant Secretary 0.5 49.5 X 0 137801 38610 Leslie C Strohm Legal Counsel 0.5 49.5 X 0 330986 31363 Ronald Kevin Miller Executive Senior Associate Athletic Director 50.0 0 X 255344 0 42716 Richard Pitino Men's Basketball Coach 50.0 0 X 4583326 0 1145835 Robert P Petrino Men's Football Coach 50.0 0 X 3825922 0 44305 Jeffrey Todd Grantham Asst. Men's Football Coach 50.0 0 X 1380292 0 44305 Jeff Walz Women's Basketball Coach 50.0 0 X 1095159 0 456030 Garrick L McGee Asst. Football Coach 50.0 0 X 915240 0 44305 Susan I Howarth Former Asst. Treasurer 50.0 X 0 222535 33818 Dana B Mayton JD Former Legal Counsel 50.0 X 0 173527 29898 Pamela A Feldhoff PhD Former Vice Chair 50.0 X 0 121204 23753 14522482 3963166 2704093 59 true true true Messer Construction Co 11001 Plantside Dr Louisville KY 40299 Construction services 3558427 Private Jet Services Group LLC 5 Batchelder Rd Seabrook NH 03874 Travel Services 1037696 AEG Management Louisville LLC 1 Arena Plaza Louisville KY 40202 Event Management 919814 Beynon Sports Surfaces Inc 16 Alt Road Cockeysville MD 21030 Installation of athletic surfaces 699750 ANC Sports Enterprises LLC 2 Manhattanville Rd Suite 402 Purchase NY 10577 Marketing Services 627793 35 38619206 769023 38619206 Total Sports Revenue 711210 43265219 42494837 770382 Student Athletic Fees and Related 713940 1987361 1987361 0 0 0 0 45252580 214777 214777 27304628 27304628 0 0 0 0 Administrative Support Services 561990 897657 897657 Marketing and Development Revenue 711320 569042 569042 Other Operating Revenues 900099 90997 90997 0 0 0 0 1557696 112948887 46039894 770382 27519405 2889925 2889925 15276676 15276676 3276052 3276052 33693613 33044787 106196 542630 4685987 4279811 279043 127133 1651394 1501156 101285 48953 9430 9430 37050 33860 3190 6174494 5509882 384972 279640 981883 823717 29269 128897 321839 248842 25256 47741 1313680 1147080 12901 153699 3310147 3309347 800 10285404 9772949 59841 452614 11026 10872 154 2475128 2475128 5174599 5174599 1325254 1288962 36292 Athletic event fees and expenses 4727475 4645613 1655 80207 Repairs and maintenance 1805196 1779416 384 25396 Small equipment purchases and rentals 2721229 2552344 8396 160489 Other licenses and fees 1155626 1154396 230 1000 2773474 2024745 466534 282195 106076581 98919677 4822320 2334584 52500 72500 45237790 47599594 6478627 5060555 21714672 27355183 0 0 216527264 51143191 153013802 165384073 30917361 28391416 0 0 6263373 6675381 263678125 280538702 14700368 19693664 39674991 43319056 46810000 40000000 14192625 12363428 10488541 25188766 125866525 140564914 X 137811600 139973788 137811600 139973788 263678125 280538702 6872306 -4710118 0 X false true X true false X X 1 UNIVERSITY OF LOUISVILLE 611014882 6 true 888835 0 1 888835 0 34586498 37227142 46665314 36664155 38619206 193762315 0 0 34586498 37227142 46665314 36664155 38619206 193762315 0 193762315 4347260 7606051 7690509 18039320 27519405 65202545 413799 433544 319168 365915 770382 2302808 0 0 0 0 0 0 261267668 225236249 0.7416 0.0 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 26425519 273323 -2441221 432550 0 303670 23521401 29247622 1392416 -1409266 310986 2153104 341163 26425519 28506150 226407 1583825 136252 607075 325433 29247622 32181351 980365 2279829 0 6567305 368090 28506150 32931199 44694 694095 0 1139100 349537 32181351 0.9517 0.0483 0.0 true false 5150911 5150911 186198841 48090786 138108055 1299301 782499 516802 2885999 1767677 1118322 20992212 502229 20489983 165384073 Due to University of Louisville Foundation, Inc. 315539 Note Payable to University of Louisville Foundation, Inc. 1000000 Due to University of Louisville 9758161 Note Payable to University of Louisville 14115066 25188766 105448050 -4710118 0 -4710118 110158168 2790719 2790719 112948887 103285862 0 0 103285862 2790719 2790719 106076581 Schedule D, Part V, Line 4 Intended uses of endowment funds The University of Louisville Athletic Association's main endowment investment is the Hickman Camp program, which is unrestricted and undesignated. This program represents approximately 68% of the organization's total endowment investment. In recent years the funds have been used for scholarships. The balance of the endowment investments are intended for athletic scholarships, administrative compensation, and stadium maintenance. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements OPERATING REVENUES NETTED WITH EXPENSES ON AUDITED FINANCIAL STATEMENTS - 2790719 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements OPERATING REVENUES NETTED WITH EXPENSES ON AUDITED FINANCIAL STATEMENTS - 2790719 Europe (Including Iceland and Greenland) 0 0 Program Services STUDENT ATHLETE RECRUITING 8102 Central America and the Caribbean 0 0 Program Services ATHLETIC EVENT 24065 North America (Canada & Mexico only) 0 0 Program Services RECRUITING 1729 0 0 0 0 0 0 33896 0 33896 false false false false false false true University of Louisville Foundation 215 Central Avenue Louisville KY 40208 237078461 501(c)(3) 2001090 SUPPORT UNIVERSITY OF LOUISVILLE SERVICE COMPLEX LOUISVILLE KY 40292 611014882 115 888835 SUPPORT 2 0 SCHOLARSHIPS 705 15276676 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 X X true true X X X X X false true false false false false false false false Pamela A Feldhoff PhD Former Vice Chair 0 118918 0 0 0 2286 0 10919 0 12834 0 144957 0 0 Dr James R Ramsey President and Chair 0 347047 0 0 0 2925 0 26500 0 18566 0 395038 0 0 Prof Enid Trucios-Haynes Vice Chair 0 181086 0 0 0 823 0 16132 0 12497 0 210538 0 0 Harlan M Sands JD Asst. Treasurer 0 345081 0 0 0 12414 0 20250 0 17773 0 395518 0 0 Prof Carmine Esposito Director 0 143882 0 0 0 1188 0 12832 0 15414 0 173316 0 0 A Keith Inman Director 0 317043 0 48364 0 19195 0 26500 0 20795 0 431897 0 0 Dr Kimberly Kempf-Leonard Director 0 259569 0 0 0 1932 0 19695 0 7852 0 289048 0 0 Neville G Pinto PhD Director 0 372498 0 0 0 10146 0 20250 0 19625 0 422519 0 0 Robert H Staat MD Director 0 119549 0 0 0 3708 0 12640 0 18564 0 154461 0 0 Jessica R Stumbo MD Director 0 151598 0 0 0 149 0 15931 0 18261 0 185939 0 0 Susan I Howarth Former Asst. Treasurer 0 210121 0 0 0 12414 0 21216 0 12602 0 256353 0 0 Dana B Mayton JD Former Legal Counsel 0 172801 0 450 0 276 0 17708 0 12190 0 203425 0 0 Thomas M Jurich Athletic Director 1020760 0 460373 0 986066 0 274141 0 19502 0 2760842 0 333333 0 Kathleen M Smith Assistant Secretary 0 135515 0 0 0 2286 0 22353 0 16257 0 176411 0 0 Leslie C Strohm Legal Counsel 0 330276 0 0 0 710 0 19875 0 11488 0 362349 0 0 Ronald Kevin Miller Executive Senior Associate Athletic Director 248156 0 0 0 7188 0 25481 0 17235 0 298060 0 0 0 Richard Pitino Men's Basketball Coach 3973502 0 240000 0 369824 0 1127440 0 18395 0 5729161 0 0 0 Robert P Petrino Men's Football Coach 2992771 0 819667 0 13484 0 26500 0 17805 0 3870227 0 0 0 Jeffrey Todd Grantham Asst. Men's Football Coach 1265689 0 108333 0 6270 0 26500 0 17805 0 1424597 0 0 0 Jeff Walz Women's Basketball Coach 1040662 0 45000 0 9497 0 436115 0 19915 0 1551189 0 0 0 Garrick L McGee Asst. Football Coach 838227 0 70833 0 6180 0 26500 0 17805 0 959545 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel Both the men's football and men's basketball 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 1 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. Schedule J, Part I, Line 1a Tax indemnification and gross-up payments Thomas Jurich - $535,756 tax gross ups on additional insurance premiums, deferred compensation benefits, and extraordinary performance bonus per contract. 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 based on personal vs. business usage. Monthly dues are paid directly by the organization and employees are reimbursed for any business related expenses under the organization's accountable plan on a monthly basis. Schedule J, Part I, Line 1a Personal services Financial planning services are allowed for the Director of Athletics and are capped at a set amount per calendar year. The expenses are paid by the organization and the employee is taxed on the amount of the services provided each year. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Jeffrey Walz - $409,615 deferred retention bonuses on Section 457(f) nonqualified deferred compensation arrangements per employment contract. No amounts were paid during 2015. Richard Pitino - $1,100,940 reportable deferred retention bonuses on Section 457(f) nonqualified deferred compensation arrangements per employment contract. No amounts were paid in 2015. Thomas Jurich - $247,641 reportable deferred retention bonuses on Section 457(f) nonqualified deferred compensation arrangements per employment contract. A performance bonus of $333,333 was paid during 2015 which was previously reported as deferred on the organization's 2013 Form 990. A LouisvilleJefferson County Metro Government 320049006 54675PBN4 2008-08-05 84120788 Retire 1997 Bonds and finance football stadium expansion false false false A 43280000 0 88532941 5669822 3476237 0 984671 26343 0 69529380 11863455 0 2010 true false true true A false false true true false 0.0444 0.0 0.0444 false false true A false false false true false false true See Part VI true false true A true Schedule K, Part II, Line 3 Total Proceeds of Issue TOTAL PROCEEDS OF $88,532,941 LESS INTEREST EARNINGS OF $4,412,153 RECONCILES TO THE ISSUE PRICE OF $84,120,788. 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 3.06 percent. Schedule K, Part II, Line 4 Gross Proceeds in Reserve Funds Amount includes $3,016,968 of transferred proceeds. Schedule K, Part IV, Line 5b Provider and Term Part IV Lines 5b and 5c - GIC #1 Provider = Natixis Term = 17 Years; GIC #2 = West LB Term = 10 Years Schedule K, Part IV, Line 2c Rebate computation Rebate computation performed as of June 30, 2016, resulting in negative liability totaling <$1,692,787>. X 1 769023 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - : SINGLE CONTRIBUTION OF MULTIPLE SHARES OF STOCK 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 15b OTHER EMPLOYEE COMPENSATION DETERMINATION PROCESS THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS AND OTHER KEY EMPLOYEES INVOLVED ALL OF THE FOLLOWING ELEMENTS: - DATA GATHERING 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 ATHLETIC DIRECTOR AND EXECUTIVE SENIOR ASSOCIATE ATHLETIC DIRECTOR; AND - CONTEMPORANEOUS DOCUMENTATION OF THE COMPENSATION DETERMINATION PROCESS. 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 involved all of the following elements: - Data gathering and analysis of compensation at comparably sized organizations along with benchmarking against other qualified officials in similarly situated positions; - Review and approval by an independent Personnel Committee; - Review and approval by the independent Board of Directors of the organization pursuant to feedback from the Personnel Committee; and - Contemporaneous documentation of the compensation determination process 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 FUND INC UNIVERSITY OF LOUISVILLE LOUISVILLE KY 40292 610888729 EDUCATION KY 501(c)(3 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 OF LOUISVILLE MEDICAL SCHOOL PRACTICE ASSOC 555 SOUTH JACKSON STREET LOUISVILLE KY 40202 611250153 MEDICAL CARE KY 501(c)(3 7 UNIVERSITY OF LOUISVILLE false false false true false false false false false false false true false true true true true true false false