Norfolk State University Alumni Association Incorporated
- Assets
- $364.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 06/2003
- Data as of
- 06/2022
- EIN
- 52-2330337
Organization Overview
Norfolk State University Alumni Association Incorporated is located in Norfolk, VA. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Norfolk State University Alumni Association Incorporated 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, Norfolk State University Alumni Association Incorporated generated $94.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $84.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antonio Harrison President | 15 | $0 | |
Larnell Exum 1st Vice President | 2 | $0 | |
Charles Brown Treasurer | 10 | $0 | |
Latoya Murry Corresponding Secretary | 10 | $0 | |
Alisia Smith-Rucker Recording Secretary | 2 | $0 | |
Traci Boone Financial Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,920 |
| Total Program Service Revenue | $0 |
| Membership dues | $66,674 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,529 |
| Other Revenue | $0 |
| Total Revenue | $94,123 |
| 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 | $1,390 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,612 |
| Other expenses | $23,571 |
| Total expenses | $84,673 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $364,870 |
| Other assets | $0 |
| Total assets | $364,870 |
| Total liabilities | $0 |
| Net assets or fund balances | $364,870 |