Milton Hershey School Alumni Assn
- Assets
- $569.3k
- Revenue
- $127.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Hershey, PA
- Founding
- 07/1985
- Data as of
- 12/2021
- EIN
- 25-1308522
Organization Overview
Milton Hershey School Alumni Assn is located in Hershey, PA. The organization was established in 1985. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 12/2021, Milton Hershey School Alumni Assn employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milton Hershey School Alumni Assn 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 12/2021, Milton Hershey School Alumni Assn generated $127.8k 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 (3.4%) each year. All expenses for the organization totaled $56.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE MILTON HERSHEY SCHOOL ALUMNI ASSOCIATION IS TO PROMOTE AN APPRECIATION AND PRIDE IN ITS ALMA MATER, A SENSE OF FAMILY AMONG ALL ALUMNI, AND A DEDICATION TO THE EDUCATIONAL AND OTHER PRINCIPLES OF MILTON AND CATHERINE HERSHEY'S DEED OF TRUST, WITH A COMMITMENT TO THE WELL-BEING OF MILTON HERSHEY SCHOOL, ITS STUDENTS AND ALUMNI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS INCLUDE ALUMNI RECOGNITION, STUDENT AWARDS, AND COMMUNITY ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Conner Treasurer | OfficerTrustee | 10 | $0 |
Amanda Ducharm VP Communica | OfficerTrustee | 10 | $0 |
John Foley Vice Preside | OfficerTrustee | 10 | $0 |
Mel Horn Recording Se | OfficerTrustee | 10 | $0 |
Mike Mulderig President | OfficerTrustee | 10 | $0 |
Francine Serafin VP Legal Cou | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $15,212 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,139 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,351 |
| Total Program Service Revenue | $0 |
| Investment income | $2,538 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,078 |
| Net Income from Fundraising Events | $50,790 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $127,757 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $11,762 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $992 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,518 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,557 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,079 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,804 |
| All other expenses | $100 |
| Total functional expenses | $56,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,691 |
| Savings and temporary cash investments | $60,227 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $175,359 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $569,277 |
| Accounts payable and accrued expenses | $224 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $224 |
| Net assets without donor restrictions | $405,678 |
| Net assets with donor restrictions | $163,375 |
| 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 | $569,277 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Milton Hershey School Alumni Assn has recieved totaling $1,844.
| Awarding Organization | Amount |
|---|---|
The William E C And Mary Dearden Foundation Hershey, PA PURPOSE: GENERAL CHARITABLE USE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $844 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penn State Alumni Association University Park, PA | $100,014,631 | $13,658,978 |
Baseball Assistance Team Inc New York, NY | $16,328,027 | $4,707,517 |
Case Alumni Associationincorporated Cleveland, OH | $4,548,848 | $4,106,693 |
United States Merchant Marine Academy Alumni Association And Fou Kings Point, NY | $55,826,934 | $8,053,233 |
Alumni Association Of New Jersey Institute Of Technology Paramus, NJ | $0 | $306,119 |
Alumni Of The Rabbinical College Knesseth Israel Of Slabodka Kowno Brooklyn, NY | $341,064 | $3,063,744 |
University School Alumni Assoc Shaker Heights, OH | $141,981 | $3,476,186 |
The Bronx High School Of Science Alumni Foundation Inc Bronx, NY | $31,172,697 | $12,367,161 |
University Of Maryland Alumni Association Inc College Park, MD | $12,691,064 | $3,266,987 |
Bernard M Baruch College Association Inc New York, NY | $9,740,278 | $4,039,630 |
West Virginia University Alumni Association Inc Morgantown, WV | $18,753,718 | $1,910,317 |
Seoul National University Foundation Inc Fort Lee, NJ | $6,845,557 | $3,716,699 |