Alumnae Association Of Mount Holyoke College Inc is located in South Hadley, MA. The organization was established in 1979. 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 parent organization of an affiliated group for tax-exemption purposes. Alumnae Association Of Mount Holyoke College 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, Alumnae Association Of Mount Holyoke College Inc generated $1.5m 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 (8.6%) each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING PROGRAMS AND RESOURCES TO HELP ALUMS TO CONNECT WITH EACH OTHER AND MOUNT HOLYOKE COLLEGE.
Describe the Organization's Program Activity:
PLEASE SEE SCHEDULE O.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Liz Lierman Executive Director | OfficerTrustee | 55 | $0 |
Ellen Hyde Pace President | OfficerTrustee | 10 | $0 |
Susy Ham Heldman Treasurer | OfficerTrustee | 2 | $0 |
Antoria D Howard-Marrow Vice President | OfficerTrustee | 2 | $0 |
Carrie C Ruzicka Clerk | OfficerTrustee | 2 | $0 |
Arleen Mcgrath Heiss Director - Volunteer Experience | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Colleen Delvechhio Program Services Consultant | 6/29/22 | $105,000 |
Nancy Perez Acting Exec Director | 6/29/22 | $24,900 |
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 | $1,126,666 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,126,666 |
Total Program Service Revenue | $336,785 |
Investment income | $890 |
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 | $0 |
Net Income from Sales of Inventory | $6,785 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,471,189 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $7,500 |
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 | $18,898 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $397,968 |
Advertising and promotion | $0 |
Office expenses | $14,649 |
Information technology | $66,643 |
Royalties | $0 |
Occupancy | $0 |
Travel | $39,161 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $236,319 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $817 |
Insurance | $0 |
All other expenses | $823 |
Total functional expenses | $1,801,514 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $344,432 |
Savings and temporary cash investments | $594,519 |
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 | $47,930 |
Net Land, buildings, and equipment | $2,042 |
Investments—publicly traded securities | $0 |
Investments—other securities | $9,172,722 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $180,627 |
Total assets | $10,342,272 |
Accounts payable and accrued expenses | $92,008 |
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 | $399,037 |
Total liabilities | $491,045 |
Net assets without donor restrictions | $9,851,227 |
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 | $0 |
Total liabilities and net assets/fund balances | $10,342,272 |
Over the last fiscal year, we have identified 2 grants that Alumnae Association Of Mount Holyoke College Inc has recieved totaling $21,750.
Awarding Organization | Amount |
---|---|
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,750 |