Ub Law Alumni Assoication Inc
- Assets
- $155.1k
- Revenue
- $109.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 05/2007
- Data as of
- 05/2024
- EIN
- 16-1691816
Organization Overview
Ub Law Alumni Assoication Inc is located in Buffalo, NY. The organization was established in 2007. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ub Law Alumni Assoication 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 05/2024, Ub Law Alumni Assoication Inc generated $109.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $432.9k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE SUNY BUFFALO LAW SCHOOL ALUMNI/AE AND LAW STUDENTS WITH EVENTS AND PROGRAMS, SOCIAL AND EDUCATIONAL OPPORTUNITIES, AND A NETWORK OF CONNECTIONS, THROUGHOUT THE COUNTRY AND INTERNATIONALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXTENDED THE REPUTATION OF THE LAW SCHOOL; FOSTERED A CONTINUING CONNECTION BETWEEN ALUMNI AND THE LAW SCHOOL COMMUNITIES; SUPPORTED THE LAW STUDENT COMMUNITY AND PROMOTED THE EMPLOYMENT OF STUDENTS AND ALUMNI OF THE LAW SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Hecker President | OfficerTrustee | 1 | $0 |
Robert Brucato President - Elect | OfficerTrustee | 1 | $0 |
Heather A Giambra Vice President | OfficerTrustee | 1 | $0 |
Jeffrey P Gleason Vice President | OfficerTrustee | 1 | $0 |
Barbara Johnson-Lee Vice President | OfficerTrustee | 1 | $0 |
Amy C Martoche Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $58,539 |
| Fundraising events | $63,100 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,139 |
| Total Program Service Revenue | $24,633 |
| Investment income | $10,749 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$49,585 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $109,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $345,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,246 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $630 |
| Advertising and promotion | $2,761 |
| Office expenses | $1,945 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,073 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $432,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,570 |
| Savings and temporary cash investments | $150,982 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $155,052 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $4,835 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,835 |
| Net assets without donor restrictions | $150,217 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $155,052 |
Grants Awarded
Over the last fiscal year, Ub Law Alumni Assoication Inc has awarded $340,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SUNY AT BUFFALO LAW SCHOOL PURPOSE: TUITION ASSISTANCE, FELLOWSHIP FOR UNIVERSTY OF BUFFALO LAW STUDENTS. | $15,000 |
SUNY AT BUFFALO LAW SCHOOL AT UNIVERSITY AT BUFFALO FOUNDATION INC PURPOSE: ESTABLISHE THE LAW ALUMNI ASSOCIATION SCHOLARSHIP ENDOWMENT AT THE UNIVERSITY AT BUFFALO FOUNDATION INC. TO SUPPORT ITS ANNUAL TUITION SCHOLARSHIPS FOR ITS LAW STUDENTS. THIS FUND WILL GENERATE INCOME FOR THE UB LAW ALUMNI ASSOCIATION SHCOLARSHIP - A $5,000 AWARD TO A SCHOLARSHIP RECIPIENT IN ALL THREE YEARS OF LAW SCHOOL. | $250,000 |
SUNY AT BUFFALO LAW SCHOOL AT UNIVERSITY AT BUFFALO FOUNDATION INC PURPOSE: CREATED AN ENDOWMENT TO SUPPORT THE GOLD (GRADUATES OF THE LAST DECADE) GROUP'S SCHOLARSHIP. IT PROVIDES AN AWARD EACH YEAR TO AN INCOMING 1L FOR ALL THREE YEARS OF LAW SCHOOL. | $50,000 |
SUNY AT BUFFALO LAW SCHOOL AT UNIVERSITY AT BUFFALO FOUNDATION INC PURPOSE: ONGOING SUPPORT OF ITS ENDOWED SOCIAL JUSTICE AND RACIAL EQUITY FUND(SJRE) WHICH PROVIDES A SUMMER FELLOWSHIP FOR ELIGIBLE LAW STUDENTS. | $15,000 |
SUNY AT BUFFALO LAW SCHOOL PURPOSE: SUPPORTS THE RALLY THE PASS INITIATIVE - A COMPREHENSIVE EFFORT TO ENSURE NEW GRADUATES' SUCCESS ON THE NYS BAR EXAM BY PROVIDING BAR PREP SUPPORT AND INCENTIVES TO KEEP UB LAW'S NEWEST ALUMNI FOCUSED ON THEIR BAR PREP. | $10,000 |