Penn State Alumni Association is located in Whitehall, PA. The organization was established in 2001. 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 subordinate organization within an affiliated group for tax-exemption purposes. Penn State 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 undefined, Penn State Alumni Association generated $15.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $20.6k during the year ending undefined. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O ATTACHED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terry Degroot President | 10 | $0 | |
Joan Kemmerer Vice-President | 8 | $0 | |
Julie Degroot Secretary | 4 | $0 | |
Wayne R Nottle Treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $2,510 |
Investment income | $6 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $13,328 |
Other Revenue | $0 |
Total Revenue | $15,844 |
Statement of Expenses | |
---|---|
Total expenses | $20,626 |
Balance Sheet | |
---|---|
Total assets | $14,677 |
Total liabilities | $0 |
Net assets or fund balances | $14,677 |