Northern Illinois University Alumni Association
- Assets
- $2.7m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Dekalb, IL
- Founding
- 04/1969
- Data as of
- 06/2020
- EIN
- 23-7013258
Organization Overview
Northern Illinois University Alumni Association is located in Dekalb, IL. The organization was established in 1969. 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. Northern Illinois University 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, Northern Illinois University Alumni Association generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (1.6%) 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD RELATIONSHIPS BETWEEN NIU ALUMNI AND NORTHERN ILLINOIS UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS - EACH YEAR THE VOLUNTEER BOARD MAKES A FINANCIAL COMMITMENT TO PROVIDE SUPPORT FOR CURRENTLY ENROLLED STUDENTS. THE AWARDING OF SCHOLARSHIP IS DONE BY A COMMITTEE OF ALUMNI WITHOUT REGARD TO RACE, AGE, MAJOR, OR GENDER.
THE NORTHERN ILLINOIS UNIVERSITY ALUMNI ASSOCIATION IS DEDICATED TO ENHANCING THE UNIVERSITY'S REPUTATION AND THE CULTIVATION AND ENGAGEMENT OF FUTURE AND CURRENT ALUMNI. ALUMNI ARE INVITED TO BECOME MEMBERS OF THE NIU ALUMNI ASSOCIATION. BENEFITS OF MEMBERSHIP INCLUDE ACCESS TO ADDITIONAL UNIVERSITY ACTIVITIES. THE ASSOCIATION SPONSORS OVER 150 SPECIAL EVENTS EACH YEAR. A SAMPLING OF OUR MAJOR PROGRAMMING AND EVENTS INCLUDE: ALUMNI AWARDS: EVERY YEAR THE NIU AA RECOGNIZES THE ACHIEVEMENT OF OUTSTANDING ALUMNI BASED ON PROFESSIONAL AND PERSONAL SUCCESSES, AS WELL AS INVOLVEMENT IN CIVIC, CULTURAL, OR CHARITABLE ACTIVITIES. ALUMNI TRAVEL: ALUMNI AND FRIENDS OF NORTHERN ILLINOIS UNIVERSITY JOIN ONE ANOTHER THROUGHOUT THE YEAR ON EXCITING AND EDUCATIONAL TRAVEL PROGRAMS. ALL TRIPS ARE OPEN TO THE PUBLIC AND CAN BE ACCOMPANIED BY AN NIU FACULTY MEMBER, AN ASSOCIATION STAFF MEMBER, AND LOCAL GUIDES. MEMBERSHIP: MEMBERSHIP DUES ARE USED TO SUPPORT ALUMNI PROGRAMMING. MEMBERSHIP DEMONSTRATES AN ALUMNUS DEDICATION TO THE FUTURE SUCCESS OF NIU. MEMBERSHIP ALSO GRANTS MEMBER BENEFITS BOTH ON AND OFF CAMPUS. SOME BENEFITS ARE: - SPECIAL PRICING ON CAREER VISION ADVANTAGE ASSESSMENTS AND CAREER CONSULTING SERVICE FOR ALUMNI AND MEMBERS OF THEIR IMMEDIATE FAMILIES - ACCESS TO ONLINE CAREER ENHANCEMENT SERIES - DISCOUNTS ON ALUMNI EVENT REGISTRATIONS AND FOOTBALL SEASON TICKETS AND DISCOUNTS ON PURCHASES FROM NIU PRESS, HOLMES STUDENT CENTER BOOKSTORE, AND BARSEMA ALUMNI AND VISITORS CENTER ALUMNI SHOP CAREER CONSULTING SERVICE FOR ALUMNI AND MEMBERS OF THEIR IMMEDIATE FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Sener President | OfficerTrustee | 8 | $0 |
Sankat Patel Vice President | OfficerTrustee | 8 | $0 |
Rich Escalante Vice President | OfficerTrustee | 8 | $0 |
Michael Hughes Treasurer | OfficerTrustee | 8 | $0 |
Peter Garrity Immediate Past Presidnet | OfficerTrustee | 4 | $0 |
Reynaldo Bustinza Secretary And Executive Direct | Officer | 37.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Intertrav Corporation Travel Agency | 6/29/16 | $700,537 |
Lukas Marketing Travel Agency | 6/29/16 | $263,160 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,436 |
| Investment income | $43,653 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $27,049 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,969 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,196,387 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $25,950 |
| 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 | $55,000 |
| Fees for services: Legal | $10,752 |
| Fees for services: Accounting | $12,633 |
| Fees for services: Lobbying | $1,768 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,849 |
| Advertising and promotion | $15,487 |
| Office expenses | $0 |
| Information technology | $12,716 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $36,988 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,332 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,310 |
| All other expenses | $0 |
| Total functional expenses | $1,296,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,103 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,926 |
| 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 | $222,448 |
| Investments—publicly traded securities | $2,318,978 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,687,455 |
| Accounts payable and accrued expenses | $6,839 |
| Grants payable | $0 |
| Deferred revenue | $323,030 |
| 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 | $329,869 |
| 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 | $2,357,586 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northern Illinois University Alumni Association has recieved totaling $200.
| Awarding Organization | Amount |
|---|---|
Abbvie Foundation North Chicago, IL PURPOSE: MATCHING GRANTS | $200 |
Endowment Analysis
| Beg. Balance | $2,330,772 |
| Earnings | -$112,351 |
| Net Contributions | $3,600 |
| Other Expense | $66,343 |
| Ending Balance | $2,155,678 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana University Alumni Association Inc Bloomington, IN | $31,479,674 | $10,109,353 |
Center For Advanced Studies In Business Inc Madison, WI | $9,461,883 | $6,530,338 |
University Of Wisconsin Medical Alumni Association Inc Madison, WI | $0 | $0 |
The University Of Illinois Alumni Association Urbana, IL | $29,310,021 | $6,588,632 |
Purdue Alumni Association Inc Memorial Union Building West Lafayette, IN | $28,454,716 | $5,513,832 |
Iowa State University Alumni Association Ames, IA | $19,372,302 | $3,613,244 |
University Of Kentucky Alumni Association Inc Lexington, KY | $23,880,056 | $3,849,544 |
University Of Missouri Alumni Assn Columbia, MO | $16,718,552 | $3,263,310 |
University Of Northern Iowa Alumni Association Cedar Falls, IA | $0 | $679,804 |
University Of The Philippines Medical Alumni Society In America Lafayette, IN | $12,245,411 | $1,758,364 |
Western Kentucky University Alumni Association Inc Bowling Green, KY | $10,394,906 | $2,845,412 |
Northern Illinois University Alumni Association Dekalb, IL | $2,687,455 | $1,196,387 |