Rutgers Alumni Association
- Assets
- $3.9m
- Revenue
- $202.6k
- Investments
- $3.7m
- Employees
- 1
- Location
- New Brunswick, NJ
- Founding
- 02/1983
- Data as of
- 06/2021
- EIN
- 22-2322725
Organization Overview
Rutgers Alumni Association is located in New Brunswick, NJ. The organization was established in 1983. 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. Rutgers 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 06/2021, Rutgers Alumni Association generated $202.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $48.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (24.2%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGING ALUMNI, HELPING STUDENTS, CELEBRATING RUTGERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATIONS- COSTS ASSOCIATED WITH PRINTING & MAILING "1776" ALUMNI MAGAZINE TO APPROXIMATELY 6,000 MEMBERS & FRIENDS.
OTHER ALUMNI ACTIVITIES- LOYAL SONS & DAUGHTERS AWARDS DINNER, ALUMNI-STUDENT CAREER NETWORKING, COMMUNITY SERVICE AND OUTREACH PROGRAMS, FAMILY DAY, HOMECOMING AND REUNION WEEKENDS & OTHER ACTIVITIES. THESE EVENTS ARE HELD AT VARIOUS TIMES THROUGHOUT THE YEAR.
GRANTS MADE TO VARIOUS RUTGERS UNIVERSITY STUDENT GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Bechta President | OfficerTrustee | 15 | $0 |
Kenneth Kolanko Vice President | OfficerTrustee | 10 | $0 |
Brian Tobin Vice President | OfficerTrustee | 10 | $0 |
Luis Largo Vice President | OfficerTrustee | 10 | $0 |
Bruce Marich Corporate Secretary | OfficerTrustee | 10 | $0 |
James O'neill Treasurer | OfficerTrustee | 10 | $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 | $1,210 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,210 |
| Total Program Service Revenue | $1,862 |
| Investment income | $61,541 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $202,581 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,910 |
| 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 | $14,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,275 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,518 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,265 |
| Advertising and promotion | $0 |
| Office expenses | $404 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $929 |
| 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 | $2,086 |
| All other expenses | $3,699 |
| Total functional expenses | $48,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $215,645 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,705 |
| 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 | $302 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,656,555 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,883,207 |
| Accounts payable and accrued expenses | $1,033 |
| 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 | $1,625 |
| Total liabilities | $2,658 |
| Net assets without donor restrictions | $3,880,549 |
| 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 | $3,883,207 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rutgers Alumni Association has recieved totaling $1,681,994.
| Awarding Organization | Amount |
|---|---|
Cornell University Ithaca, NY PURPOSE: Research | $1,681,983 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penn State Alumni Association University Park, PA | $100,014,631 | $13,658,978 |
Baseball Assistance Team Inc New York, NY | $16,328,027 | $4,707,517 |
United States Merchant Marine Academy Alumni Association And Fou Kings Point, NY | $55,826,934 | $8,053,233 |
Alumni Association Of New Jersey Institute Of Technology Paramus, NJ | $0 | $306,119 |
Alumni Of The Rabbinical College Knesseth Israel Of Slabodka Kowno Brooklyn, NY | $341,064 | $3,063,744 |
The Bronx High School Of Science Alumni Foundation Inc Bronx, NY | $31,172,697 | $12,367,161 |
Bernard M Baruch College Association Inc New York, NY | $9,740,278 | $4,039,630 |
Seoul National University Foundation Inc Fort Lee, NJ | $6,845,557 | $3,716,699 |
Syracuse Health Science Center Medical Alumni Foundation Inc Syracuse, NY | $50,640,765 | $25,764,011 |
Thaddeus Stevens Foundation Lancaster, PA | $7,318,571 | $3,742,597 |
Rowan University Alumni Association Glassboro, NJ | $0 | $183,589 |
Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill Cobleskill, NY | $10,808,498 | $1,450,996 |