Student Org Topics

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Contract Requirements

Certain vendors, venues, and services will require a contract. In addition, contracts must be used to pay an individual for services (includes honoraria, speakers, performers, DJ’s, etc.), signed by the... Read Full Post

Posted on 20 May 2013


Making Donations

Student organizations are allowed to donate their funds to charities or other causes. Fundraisers held for these causes should follow the event planning process outlined in 'Hosting An Event'. When... Read Full Post

Posted on 20 May 2013


Restricted Purchases

List of restricted items (not limited to): Printing and copying jobs done outside the University Ordering or printing goods with a design, without UI Licensing approval Alcohol/firearms/ammunition Telephones other than... Read Full Post

Posted on 20 May 2013


How to Spend Money

Based on how and what you are buying, there are different options: 1) You may request to use SOBO’s credit card (for most routine purchases under $5000) by completing our credit... Read Full Post

Posted on 20 May 2013


Depositing Money

The IMU Business Office (132 IMU) accepts all student organization deposits. Currently, deposit forms are available at the IMU Business Office and SOBO. They are not available online. Please stop... Read Full Post

Posted on 20 May 2013


Donor Contributions and Tax Exemption

*STUDENT ORGANIZATIONS FUNDRAISING AND TAX ISSUES* Soliciting Contributions (Fundraising) Registered student organizations at the University of Iowa are not able to offer tax-deductibility to individuals and/or businesses when soliciting donations, contributions, and/or... Read Full Post

Posted on 20 May 2013


Student Organization Account Number continued

There are several sources of funds: “00” indicates your own revenue funds (funds from fundraising, dues, Coca-Cola, late night funding, etc.) These also carry-over fiscal years. SABAC funds (UISG) GPAC... Read Full Post

Posted on 20 May 2013


Determining Current Account Balance

Students are restricted from accessing the University’s online accounting system. SOBO can print or email an account statement or list of transactions (query) upon request. Keep in mind that these... Read Full Post

Posted on 20 May 2013


Student Organization Account Number

Your account number is assigned to your organization when you open a financial account through Student Organization Business Office (SOBO). Each organization has a 40-digit MFK (master file key) for... Read Full Post

Posted on 20 May 2013


Authorized Signature Representatives Responsibilities

Authorized signature representatives are responsible for all student organization purchases, creating and tracking an organization budget, and ensuring that all University rules and regulations are being followed, including proper approvals... Read Full Post

Posted on 20 May 2013


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