Rowan University Alumni Association
- Assets
- $0.0
- Revenue
- $183.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Glassboro, NJ
- Founding
- 12/1974
- Data as of
- 05/2018
- EIN
- 23-7132916
Organization Overview
Rowan University Alumni Association is located in Glassboro, NJ. The organization was established in 1974. 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. Rowan 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 05/2018, Rowan University Alumni Association generated $183.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $1.7m during the year ending 05/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE ADVANCEMENT OF THE UNIVERSITY AND ITS ALUMNI BY FOSTERING AND SUSTAINING RELATIONSHIPS AMONG ALUMNI, STUDENTS, FRIENDS, AND THE UNIVERSITY COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROWAN UNIVERSITY ALUMNI ASSOCIATION ("THE ASSOCIATION") WAS FOUNDED IN 1924 BY 120 MEMBERS OF THE CHARTER CLASS AT ROWAN UNIVERSITY, THE FORMER GLASSBORO STATE COLLEGE. THE ASSOCIATION IS A NOT-FOR-PROFIT ORGANIZATION WHICH REPRESENTS OVER 84,000 ACTIVE ALUMNI WHO LIVE IN ALL 50 STATES, THE DISTRICT OF COLUMBIA AND APPROXIMATELY 35 FOREIGN COUNTRIES. ALL GRADUATES OF ROWAN UNIVERSITY ARE MEMBERS OF THE ASSOCIATION. THE ASSOCIATION SPONSORS SPECIAL EVENTS WHICH BENEFIT CERTAIN UNIVERSITY PROGRAMS OR ACTIVITIES AND ROWAN UNIVERSITY FOUNDATION'S SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Beers Director/president | OfficerTrustee | 0.5 | $0 |
Angelo Pinti Director/vice President | OfficerTrustee | 0.5 | $0 |
Joe Akinskas Director/vice Pres./adj Prof. | OfficerTrustee | 0.5 | $0 |
Melanie Burney Director/vice President | OfficerTrustee | 0.5 | $0 |
Chris D'angelo Director/ex-Officio | Trustee | 0.5 | $0 |
Mike Acevedo Director | Trustee | 0.5 | $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 | $79,030 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,030 |
| Total Program Service Revenue | $16,750 |
| Investment income | $17,855 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $35,255 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,449 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $183,589 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,669,664 |
| Grants and other assistance to domestic individuals. | $51,271 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,050 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,721,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Rowan University Alumni Association has awarded $1,669,125 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ROWAN UNIVERSITY FOUNDATION PURPOSE: Grants | $374,382 |
ROWAN UNIVERSITY PURPOSE: Grants/ programs | $112,282 |
ROWAN UNIVERSITY FOUNDATION PURPOSE: Grants | $1,182,461 |