Penn State Alumni Association is located in Harrisburg, PA. The organization was established in 2001. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Penn State 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 06/2024, Penn State Alumni Association generated $22.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $12.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (16.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
STUDENT BOOK GRANT = $350., PENN STATE HEALTH - FOUR DIAMONDS FUND = $5,000., PSU HARRISBURG ATHLETIC PARTNERSHIP PROGRAM = $2,200.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jodi Raudenbush Treasurer | 3 | $0 | |
Dennis Howard President | 3 | $0 | |
Gerald Stiver Vice President | 1 | $0 | |
Michelle Geppert Secretary | 1 | $0 | |
Tracey Carson Board Member | 1 | $0 | |
Thomas Morgan Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,716 |
Total Program Service Revenue | $0 |
Membership dues | $6,313 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $308 |
Other Revenue | $11,782 |
Total Revenue | $22,123 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $465 |
Other expenses | $4,125 |
Total expenses | $12,140 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $62,237 |
Other assets | $0 |
Total assets | $62,237 |
Total liabilities | $0 |
Net assets or fund balances | $62,237 |