Metroplitan State University Of Denver Alumni Association
- Assets
- $240.5k
- Revenue
- $339.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 04/2002
- Data as of
- 06/2024
- EIN
- 01-0595871
Organization Overview
Metroplitan State University Of Denver Alumni Association is located in Denver, CO. The organization was established in 2002. 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. Metroplitan State University Of Denver Alumni Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2024, Metroplitan State University Of Denver Alumni Association generated $339.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $400.7k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
CULTIVATE RELATIONSHIPS BETWEEN ALUMNI, STUDENTS, AND THE UNIVERSITY COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MSU DENVER ALUMNI ASSOCIATION IS A 501(C)(4) NON-PROFIT CORPORATIONESTABLISHED IN 1971 WITH THE ORIGINAL PURPOSE OF "CREATING AND MAINTAINING THE SPIRIT OF FELLOWSHIP AND GOOD WILL AMONG ALL OF THEALUMNI OF METRO STATE COLLEGE TO ENCOURAGE A BETTER INFORMED ALUMNIBODY TO PROMOTE THE SUBJECTS AND PROGRAMS OF THE ALUMNI ASSOCIATION ASA MEDIUM FOR BEST SERVING THE COLLEGE IN THE COMMUNITY." SINCE THEN, THE ASSOCIATION HAS REFINED ITS PURPOSE, STRUCTURE AND GOVERNANCE TO ACCOMPLISH A SINGLE STRATEGIC PURPOSE - TO CREATE BROAD AND MEANINGFUL OPPORTUNITIES FOR ALUMNI TO ENGAGE WITH EACH OTHER, THE UNIVERSITY AND THE LARGER DENVER COMMUNITY IN WAYS THAT SUPPORT THE STRATEGIC GOALS OF THE UNIVERSITY.THE ASSOCIATION HAS ENTERED INTO A NUMBER OF STRATEGIC PARTNERSHIPS THAT PROVIDE BOTH BENEFITS TO THE ALUMNI AS WELL AS FINANCIAL SUPPORT TO THE UNIVERSITY. MOST NOTABLY, THE ASSOCIATION IS PARTNERED WITH FARMERS INSURANCE - A RELATIONSHIP THAT PROVIDES DISCOUNTED INSURANCE POLICIES TO MSU DENVER ALUMNI WHILE ALSO GENERATING ROUGHLY $10,000 ANNUALLY TO THE UNIVERSITY. SIMILARLY, IN 2018 THE ASSOCIATION ENTERED INTO AN AGREEMENT WITH THE COLORADO ROCKIES TO BE THE NON-PROFIT PARTNER TO CONDUCT A 50/50 RAFFLE AT ALL HOME GAMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandi Rideout Executive Director | Officer | 10 | $0 |
Jim Qualteri President | OfficerTrustee | 3 | $0 |
Leon Duran Vice-President | OfficerTrustee | 2 | $0 |
Amber Mozet Secretary | OfficerTrustee | 3 | $0 |
Brad Kaplan Treasurer | OfficerTrustee | 3 | $0 |
Joe Rice Found. Board Rep.; Past President | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $339,044 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $339,044 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $164,585 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,423 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $182,660 |
| Office expenses | $49,778 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $2,274 |
| All other expenses | $0 |
| Total functional expenses | $400,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,477 |
| 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 | $240,477 |
| 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 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $240,477 |
| Total liabilities and net assets/fund balances | $240,477 |