Alumni Association Of The Universit Of Massachusetts At Boston Inc
- Assets
- $250.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 01/1991
- Data as of
- 06/2022
- EIN
- 04-3037799
Organization Overview
Alumni Association Of The Universit Of Massachusetts At Boston Inc is located in Boston, MA. The organization was established in 1991. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alumni Association Of The Universit Of Massachusetts At Boston Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Alumni Association Of The Universit Of Massachusetts At Boston Inc generated $131.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $188.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND PROMOTE INVOLVEMENT IN THE UNIVERSITY BY THE GRADUATING STUDENTS.
Describe the Organization's Program Activity:
Part 3
TO SUPPORT VARIOUS FUNDS AT THE UNIVERSITY OF MASSACHUSETTS BOSTON
TO CONDUCT VARIOUS ACTIVITIES & EVENTS TO PROMOTE INVOLVEMENT BY THE GRADUATING STUDENTS OF THE UNIVERSITY OF MASSACHUSETTS BOSTON
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Troiano Vice-Preside | 1 | $0 | |
Frederick R Koed Treasurer | 1 | $0 | |
Lornie D Bullerwell Secretary | 1 | $0 | |
Donna Marie Maguire President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $153,493 |
| Gain or Loss | -$21,573 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,920 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,785 |
| Total expenses | $188,844 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $250,217 |
| Other assets | $0 |
| Total assets | $250,217 |
| Total liabilities | $0 |
| Net assets or fund balances | $250,217 |
Grants Awarded
Over the last fiscal year, Alumni Association Of The Universit Of Massachusetts At Boston Inc has awarded $177,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UMASS BOSTON BEACON STUDENT SUCCESS PURPOSE: GENERAL SUPPORT | $75,000 |
UMASS BOSTON ALUMNI SCHOLARSHIP FD PURPOSE: GENERAL SUPPORT | $52,000 |
UMASS BOSTON J KEITH MOTLEY SCHOLAR PURPOSE: GENERAL SUPPORT | $25,000 |
UMASS BOSTON STUDENT SUCCESS ENDOWM PURPOSE: GENERAL SUPPORT | $15,000 |
UMASS BOSTON KATHERINE S NEWMANBEACON STUDENT ENDOWMENT PURPOSE: GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $120,548 |
| Earnings | $35,588 |
| Ending Balance | $156,136 |