Vennard College Alumni Association
- Assets
- $83.0k
- Revenue
- $12.0k
- Investments
- $73.9k
- Employees
- 0
- Location
- Blaine, MN
- Founding
- 09/1997
- Data as of
- 12/2021
- EIN
- 42-1445635
Organization Overview
Vennard College Alumni Association is located in Blaine, MN. The organization was established in 1997. 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. Vennard 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 12/2021, Vennard College Alumni Association generated $12.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $11.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Channel Secretary | 1 | $0 | |
Robert Smith Director | 1 | $0 | |
Jenny Gentry Director | 1 | $0 | |
Howard Ledford Vice President | 2 | $0 | |
David Mcgaffey Director | 1 | $0 | |
Renee Sindt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,041 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,035 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,168 |
| Capital Gain Net Income | $1,168 |
| Net ST Capital Gain | $195 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,764 |
| Total Revenue | $12,008 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $62 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $150 |
| Printing and publications | $0 |
| Other expenses | $1,973 |
| Total operating and administrative expenses | $3,835 |
| Contributions, gifts, grants paid | $8,000 |
| Total expenses and disbursements | $11,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,093 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $73,946 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $83,039 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Vennard College Alumni Association has awarded $8,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NATHANAEL NICHOLLS PURPOSE: SCHOLARSHIP | $1,300 |
HANNAH NICHOLLS PURPOSE: SCHOLARSHIP | $1,300 |
HANNAH MCGAFFEY PURPOSE: SCHOLARSHIP | $1,300 |
ANDARA BUCHANAN PURPOSE: SCHOLARSHIP | $900 |
WALKER NEWMAN PURPOSE: SCHOLARSHIP | $900 |
BAILEY ZOBEL PURPOSE: SCHOLARSHIP | $900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Advanced Studies In Business Inc Madison, WI | $9,461,883 | $6,530,338 |
University Of Wisconsin Medical Alumni Association Inc Madison, WI | $0 | $0 |
Minnesota State University Moorhead Foundation Inc Moorhead, MN | $54,713,743 | $22,543,778 |
University Of Minnesota Alumni Association Minneapolis, MN | $34,396,499 | $3,938,876 |
Iowa State University Alumni Association Ames, IA | $19,372,302 | $3,613,244 |
University Of Northern Iowa Alumni Association Cedar Falls, IA | $0 | $679,804 |
Alumni Association Of The University Of South Dakota Vermillion, SD | $0 | $7,549 |
South Dakota State University Alumni Association Brookings, SD | $649,499 | $1,131,261 |
Enderlin Alumni Association Enderlin, ND | $258,358 | $750,192 |
South Dakota School Of Mines And Technology Alumni Association Rapid City, SD | $0 | $0 |
Alpha Gamma Rho Fraternity Iowa Falls, IA | $5,035,965 | $411,884 |
Mayo Medical Alumni Association Rochester, MN | $2,120,592 | $773,730 |