State University Of Iowa Alumni Association
- Assets
- $0.0
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 40
- Location
- Iowa City, IA
- Founding
- Data as of
- 12/2017
- EIN
- 42-6059867
Organization Overview
State University Of Iowa Alumni Association, operating under the name University Of Iowa Alumni Assn, is located in Iowa City, IA. As of 12/2017, University Of Iowa Alumni Assn employed 40 individuals. University Of Iowa 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 12/2017, University Of Iowa Alumni Assn generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (32.1%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (30.7%) per year over the past 3 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRENGTHEN THE UNIVERSITY OF IOWA THROUGH ALUMNI COMMUNICATIONS, ALUMNI PROGRAMS, AND EVENTS. THIS INCLUDES IOWA CLUBS, CAREER PROGRAMS AND NETWORKING OPPORTUNITIES, ALUMNI STUDENT RECRUITMENT PROGRAMS, AND BI-MONTHLY ISSUES OF "IOWA ALUMNI MAGAZINE".
SCHOLARSHIPS PROVIDED TO STUDENTS THROUGH THE IOWA CLUB ORGANIZATIONS AND STUDENT TRAVEL TO CUBA, ROMANIA AND EQUADOR.
SALE OF UNIVERSITY OF IOWA MERCHANDISE TO MEMBERS AND THE PUBLIC (ALUMNI TRAVEL AND BOWL TOUR PACKAGES, SALE OF HAWKEYE AND UNIVERSITY MEMORABILIA, ETC.)
MARKETING AND SPONSORSHIP OF ALUMNI PROGRAMS, EVENTS, AND SERVICES (INCLUDES CREDIT CARD AND INSURANCE PROGRAMS).
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett L Veerman Chair & Director | OfficerTrustee | 1 | $0 |
Justin D Mcbride Past Chair & Director | OfficerTrustee | 1 | $0 |
Peter S Matthes Director | Trustee | 1 | $0 |
Adelaide B Caprio Director | Trustee | 1 | $0 |
Patricia Coleman Director | Trustee | 1 | $0 |
Kathy Countryman Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
University Of Iowa Foundation It Services | 6/29/17 | $140,040 |
Intelliform Inc Printing | 6/29/17 | $134,790 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $32 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $521,055 |
| Noncash contributions included in lines 1a–1f | $60,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $521,087 |
| Total Program Service Revenue | $13,356 |
| Investment income | $147,717 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $433,042 |
| 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 | $1,257,038 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,455 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $103,583 |
| Compensation of current officers, directors, key employees. | $76,173 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $437,614 |
| Pension plan accruals and contributions | $37,235 |
| Other employee benefits | $84,320 |
| Payroll taxes | $35,086 |
| Fees for services: Management | $25,000 |
| Fees for services: Legal | $8,895 |
| Fees for services: Accounting | $14,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $51,266 |
| Fees for services: Other | $8,704 |
| Advertising and promotion | $98,352 |
| Office expenses | $86,552 |
| Information technology | $6,915 |
| Royalties | $0 |
| Occupancy | $259,899 |
| Travel | $3,172 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $350 |
| Interest | $6 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,735 |
| Insurance | $25,404 |
| All other expenses | $4,630 |
| Total functional expenses | $1,354,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |