Alumnae-I Association Of Simmons University is located in Boston, MA. The organization was established in 1931. 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. Alumnae-I Association Of Simmons University 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 06/2023, Alumnae-I Association Of Simmons University generated $36.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $42.4k during the year ending 06/2023. While expenses have increased by 4.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
STUDENT AND ALUMNAE GRANTS, AWARDS AND ACTIVITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Thomas Co-President | 1 | $0 | |
Bobbie Thompson Co-President | 1 | $0 | |
Priyal Goya Secretary | 1 | $0 | |
Barbara Campbell Harvey Treasurer | 1 | $0 | |
Lynne Devnew Co-President (past) | 1 | $0 | |
Theresa Brewer Co-President (past) | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,856 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,479 |
| Gain or Loss | $12,702 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,037 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $17,595 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,757 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $111 |
| Other expenses | $21,887 |
| Total expenses | $42,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,285 |
| Other assets | $0 |
| Total assets | $154,285 |
| Total liabilities | $0 |
| Net assets or fund balances | $154,285 |