St Cloud State College Alumni Association is located in St Cloud, MN. The organization was established in 1968. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. St Cloud State College Alumni Association 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, St Cloud State College Alumni Association generated $184.2k 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 (3.0%) each year. All expenses for the organization totaled $216.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.THE ALUMNI ASSOCIATION MISSION IS TO BUILD AND SUSTAIN LIFELONG RELATIONSHIPS BETWEEN ST. CLOUD STATE UNIVERSITY AND ITS ALUMNI, STUDENTS, AND FRIENDS BY PROMOTING THE MUTUAL SUCCESS OF ITS MEMBERS AND THE UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALUMNI EXPENSES AND SALARIES-FUND OTHER SMALL EVENTS FOR TARGETED GROUPS OF ALUMNI, ASSIST PROGRAMS AND DEPARTMENTS IN ALUMNI OUTREACH, PROVIDE SMALLER OPPORTUNITIES FOR CURRENT STUDENTS AND ALUMNI TO INTERACT. INCLUDES ALL OTHER PROGRAM EXPENSES NOT LISTED BELOW. APPROXIMATELY 550 STUDENTS AND ALUMNI IN VARIOUS EVENTS. THE LANDSCAPE FOR ALUMNI EVENTS IN 2021 REMAINED UNCHANGED FROM THE PREVIOUS YEAR TO THE CONTINUING PANDEMIC. ALUMNI WERE ENGAGED THROUGH EVENTS THAT WERE DELIVERED VIRTUALLY.
MINNESOTA STUDENT/ALUMNI EVENTS-THE ASSOCIATION HELPS ORGANIZE EVENTS IN THE STATE OF MINNESOTA FOR ALUMNI AND STUDENTS TO ENCOURAGE NETWORKING AND CONTINUED CONNECTION TO SCSU, EVENTS INCLUDE BUT IS NOT LIMITED TO HOMECOMING ACTIVITIES, ALUMNI AWARDS RECOGNITON AT AN EVENING EVENT AS WELL AS DURING A MEN'S HOCKEY GAME, AND COMMENCEMENT EVENTS. HOMECOMING ACTIVITIES WERE OPEN TO THE METROPOLITAN COMMUNITY AT LARGE WHICH NUMBERS ALMOST 200,000. AWARDS AND COMMENCEMENT EVENTS INCLUDED OVER 1,000 PRIOR TO PANDEMIC RESTRICTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christy Sandberg President | OfficerTrustee | 2 | $0 |
Diane Moeller Vice President | OfficerTrustee | 2 | $0 |
Paul Poncin Treasurer | OfficerTrustee | 2 | $0 |
Nicholas J Andresen Director | Trustee | 1 | $0 |
Peter Barott Director | Trustee | 1 | $0 |
Nick Bovee-Gazett Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $180,700 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $37 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $180,737 |
Total Program Service Revenue | $3,450 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $184,187 |
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. | $131,200 |
Compensation of current officers, directors, key employees. | $65,600 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,493 |
Pension plan accruals and contributions | $16,803 |
Other employee benefits | $0 |
Payroll taxes | $6,956 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,068 |
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 | $0 |
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 | $1,932 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $216,739 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $133,583 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $40 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $133,623 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $133,623 |
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 | $133,623 |