University Of New Mexico Alumni Association
- Assets
- $9.7m
- Revenue
- $1.0m
- Investments
- $448.5k
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 01/1964
- Data as of
- 06/2020
- EIN
- 85-6010741
Organization Overview
University Of New Mexico Alumni Association is located in Albuquerque, NM. The organization was established in 1964. 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. University Of New Mexico 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 06/2020, University Of New Mexico Alumni Association generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $763.9k during the year ending 06/2020. While expenses have increased by 3.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ALUMNI ASSOCIATION IS A VITAL PARTNER IN THE CONTINUED EXCELLENCE OF THE UNIVERSITY OF NEW MEXICO THROUGH THE SIGNIFICANT ENGAGEMENT OF ALUMNI. THE ALUMNI ASSOCIATION'S MISSION IS TO SERVE AS A BRIDGE BETWEEN ALUMNI AND THE UNIVERSITY TO ENSURE THE CONTINUED SUCCESS OF THE UNIVERSITY AND TO ENRICH THE LIVES OF ALUMNI
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAMS OF THE ALUMNI ASSOCIATION STRENGTHEN THE COLLABORATION WITH OFF CAMPUS AND ON CAMPUS CONSTITUENTS TO MEET THE NEEDS OF THE UNIVERSITY. A PRIMARY OBJECTIVE OF THE ASSOCIATION IS TO FOSTER ENDURING INVOLVEMENT WITH PRIDE IN AND COMMITMENT TO UNM, ITS COLLEGES, SCHOOLS AND PROGRAMS. UNM ALUMNI ASSOCIATION'S CHAPTER PROGRAM, INCLUDING THE YOUNG ALUMNI CHAPTER, CATERS TO THE NEEDS OF UNM ALUMNI, MANY OF WHOM HAVE MOVED OUT OF STATE. THE CHAPTER PROGRAM STRIVES TO BROADEN THE UNIVERSITY'S AMBASSADORIAL "FOOTPRINT" OUTSIDE OF NEW MEXICO BY CONDUCTING REGIONAL, NATIONAL AND INTERNATIONAL ALUMNI EVENTS. THE YOUNG ALUMNI CHAPTER WAS RECENTLY ESTABLISHED TO DEVELOP CHAPTER-LEVEL WELCOME PROGRAMS TO HELP CONNECT RECENT GRADUATES NEW TO THEIR COMMUNITY OR STATE. THE ASSOCIATION'S STUDENT ACTIVITIES PROGRAM INTRODUCES STUDENTS TO THE ALUMNI ASSOCIATION, ITS SERVICES AND PROGRAMS AND THEIR FUTURE ROLE AS MEMBERS OF THE ALUMNI ASSOCIATION. THE AWARDS PROGRAM IS ALSO A VITAL PART OF THE ASSOCIATION'S MISSION, AS IT CONSISTENTLY RECOGNIZES OUTSTANDING ALUMNI, FACULTY AND STUDENTS FOR ACCOMPLISHMENTS AND CONTRIBUTIONS, UNDERSCORING THE VALUE OF THE UNM DEGREE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexis Tappan Past-President | OfficerTrustee | 2 | $0 |
Joe Ortiz Treasurer | OfficerTrustee | 2 | $0 |
Connie Beimer Executive Director/secreta | OfficerTrustee | 25 | $0 |
Chad Cooper President | OfficerTrustee | 2 | $0 |
Michael Silva President Elect | OfficerTrustee | 2 | $0 |
Sophia Collaros Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,139 |
| Investment income | $275,191 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $663,701 |
| 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 | $1,007,638 |
| Statement of Expenses | |
|---|---|
| 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 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,126 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $66,412 |
| Fees for services: Other | $0 |
| Advertising and promotion | $63,194 |
| Office expenses | $43,958 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,519 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,333 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,751 |
| All other expenses | $0 |
| Total functional expenses | $763,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $895,915 |
| Savings and temporary cash investments | $335,394 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,727 |
| 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 | $27,770 |
| Investments—publicly traded securities | $8,029,847 |
| Investments—other securities | $448,451 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,739,104 |
| Accounts payable and accrued expenses | $35,293 |
| 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 | $35,293 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $9,703,811 |
Endowment Analysis
| Beg. Balance | $10,578,843 |
| Earnings | $1,920,403 |
| Admin Expense | $68,641 |
| Grants | $35,326 |
| Ending Balance | $12,395,279 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Former Students Of Texas A & M University College Station, TX | $202,537,498 | $46,927,604 |
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 |
Oklahoma State University Alumni Association Stillwater, OK | $25,317,339 | $3,350,380 |
University Of Arizona Alumni Association Tucson, AZ | $10,483,265 | $3,295,631 |
Texas Tech Alumni Association Lubbock, TX | $17,376,523 | $4,664,357 |
Delta Delta Delta Foundation Dallas, TX | $24,531,824 | $3,988,064 |
The North American Foundation For The University Of Durham Inc Denver, CO | $67,216 | $2,577,869 |
Arizona State University Alumni Association Tempe, AZ | $23,640,025 | $1,664,234 |
Major League Baseball Players Alumni Association Colorado Springs, CO | $8,545,070 | $2,799,012 |