Southeastern Louisiana Univ Alumni Assoc Inc
- Assets
- $270.6k
- Revenue
- $191.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Hammond, LA
- Founding
- 04/1960
- Data as of
- 06/2022
- EIN
- 72-6021423
Organization Overview
Southeastern Louisiana Univ Alumni Assoc Inc is located in Hammond, LA. The organization was established in 1960. 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. Southeastern Louisiana Univ Alumni Assoc Inc 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, Southeastern Louisiana Univ Alumni Assoc Inc generated $191.0k 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 (3.5%) each year. All expenses for the organization totaled $194.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.5%) 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
TO PRESERVE THE BONDS OF FRIENDSHIP AMONG SOUTHEASTERN LOUISIANA UNIVERSITY'S FORMER STUDENTS; TO FOSTER, PRESERVE, AND PERPETUATE THE UNIVERSITY'S IDEALS AND TRADITIONS SO AS TO ENHANCE ITS PRESTIGE AS AN INSTITUTION OF LEARNING; AND TO ESTABLISH STRONG TIES BETWEEN THE UNIVERSITY AND ITS FORMER STUDENTS IN ORDER TO PROMOTE ITS EDUCATIONAL AND PHYSICAL GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE THE BONDS OF FRIENDSHIP AMONG SOUTHEASTERN LOUISIANA UNIVERSITY'S FORMER STUDENTS; TO FOSTER, PRESERVE, AND PERPETUATE THE UNIVERSITY'S IDEALS AND TRADITIONS SO AS TO ENHANCE ITS PRESTIGE AS AN INSTITUTION OF LEARNING; AND TO ESTABLISH STRONG TIES BETWEEN THE UNIVERSITY AND ITS FORMER STUDENTS IN ORDER TO PROMOTE ITS EDUCATIONAL AND PHYSICAL GROWTH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Stafford Kropog President Elect | OfficerTrustee | 1 | $0 |
Patrick Brazen Past President | OfficerTrustee | 1 | $0 |
Bridget Laborde Secretary | OfficerTrustee | 1 | $0 |
Gina Giacone Laird President | OfficerTrustee | 1 | $0 |
Dennis Wallette Treasurer | OfficerTrustee | 1 | $0 |
Michelle Gallo Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,271 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,606 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,877 |
| Total Program Service Revenue | $75 |
| Investment income | $140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$9,921 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,045 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,713 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $125,666 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $71 |
| Advertising and promotion | $14,756 |
| Office expenses | $7,680 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,240 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,005 |
| All other expenses | $1,197 |
| Total functional expenses | $194,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,532 |
| Savings and temporary cash investments | $164,229 |
| Pledges and grants receivable | $1,827 |
| 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 | $8,647 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,384 |
| Total assets | $270,619 |
| Accounts payable and accrued expenses | $8,029 |
| Grants payable | $0 |
| Deferred revenue | $165,539 |
| 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 | $173,568 |
| Net assets without donor restrictions | $75,791 |
| Net assets with donor restrictions | $21,260 |
| 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 | $270,619 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Southeastern Louisiana Univ Alumni Assoc Inc has recieved totaling $1,077.
| Awarding Organization | Amount |
|---|---|
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $52 |
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Former Students Of Texas A & M University College Station, TX | $202,537,498 | $46,927,604 |
Mississippi Community Education Center Jackson, MS | $16,617,573 | $26,875,315 |
Angelo State University Foundation Inc San Angelo, TX | $35,914,777 | $13,132,707 |
Ex Students Association Of The Austin, TX | $164,001,121 | $27,599,217 |
Leadership Education Foundation College Station, TX | $3,972,064 | $10,009,970 |
Communities In Schools Of Greater Tarrant County Inc Fort Worth, TX | $6,563,272 | $10,310,134 |
Lsu Alumni Association Baton Rouge, LA | $42,813,688 | $3,814,637 |
Texas Tech Alumni Association Lubbock, TX | $17,376,523 | $4,664,357 |
Delta Delta Delta Foundation Dallas, TX | $24,531,824 | $3,988,064 |
Alumni Association Of The University Of Mississippi Oxford, MS | $10,836,240 | $2,076,893 |
Arkansas Alumni Association Inc Fayetteville, AR | $14,561,052 | $2,077,157 |
Mississippi State University Alumni Inc Mississippi State, MS | $2,835,779 | $1,848,662 |