Central Mississippi Chapter Of The Msu Alumni Association
- Assets
- $43.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ridgeland, MS
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 26-4263370
Organization Overview
Central Mississippi Chapter Of The Msu Alumni Association is located in Ridgeland, MS. The organization was established in 2014. 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. Central Mississippi Chapter Of The Msu 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 12/2021, Central Mississippi Chapter Of The Msu Alumni Association generated $2.8k 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 (33.5%) each year. All expenses for the organization totaled $13.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
OURALUMNICHAPTERPROVIDESSCHOLARSHIPSTOLOCALSTUDENTSATTENDINGMISSISSIPPISTATEUNIVERSITYMSU.WEPROVIDED8SCHOLARSHIPSTHISYEAR.TOGETHERWITHTHEADDITIONALFUNDSPROVIDEDVIAOUROPERATINGACCOUNT$3,000ANDTHEFUNDSHELDINOURENDOWMENTACCOUNTSATMSU,OURORGANIZATIONWASABLETOPROVIDE$14,000INSCHOLARSHIPS.THESECOMBINEDFUNDS$14,000WEREUSEDTOAWARD5$2,000SCHOLARSHIPSTOSENIORHIGHSCHOOLSTUDENTSWHOATTENDHIGHSCHOOLSWITHINTHEHINDS,MADISON,ANDRANKINCOUNTYAREAS.WEALSOAWARDED2$1,000SCHOLARSHIPSTOJUNIORCOLLEGETRANSFERSTUDENTS.INADDITION,WEAWARDEDONESTUDENTTHECARLIENICHOLSSCHOLARSHIPINTHEAMOUNTOF$2,000.OURSCHOLARSHIPSAREMEANTTOAIDDESERVINGSTUDENTSWHOWANTTOATTENDMSU,BUTAREINNEEDOFFINANCIALASSISTANCE.SCHOLARSHIPSAREAWARDEDBASEDONFINANCIALNEED,GRADES,ACTSCORES,LEADERSHIPABILITY,ANDCHARACTER.THEMAJORITYOFMONIESRAISEDBYOURCHAPTERAREUSEDTOFUNDSCHOLARSHIPS.OURLONGTERMGOALISTOBEABLETORAISEMOREFUNDSTHROUGHDONATIONS CONTRIBUTIONANDFUNDRAISINGTOPROVIDEADDITIONALSCHOLARSHIPSFORFUTURESTUDENTS.INFY2020ANDFY2021,OURLONGTERMGOALWASHINDEREDBYTHECORONAVIRUSPANDEMIC.OURORGANIZATIONWASNOTABLETOHAVEANYFUNDRAISERSAFTERTHEPANDEMICSTARTED.IN2020,OURORGANIZATIONCOMPLETEDOURPLEDGETOESTABLISHA$25,000CARLIENICHOL'SENDOWMENTFUNDTHANKSTOOURDONORSANDFUNDRAISINGEFFORTS.ITISALONG-TERMGOALOFOURORGANIZATIONTOCONTINUETODONATETOTHISENDOWMENTTOINCREASETHEEARNINGSPERYEARFROMTHISACCOUNT.THEADDITIONALEARNINGFROMTHISACCOUNTWILLPROVIDEFUTURESCHOLARSHIPSTOFUTURESTUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Logan Reeves Vice President | 9 | $0 | |
Chris Hawkins President | 9 | $0 | |
Selena Davis Treasurer | 6 | $0 | |
Tenika Carter Secretary | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,650 |
| Total Program Service Revenue | $4,499 |
| Membership dues | $0 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$6,369 |
| Other Revenue | $0 |
| Total Revenue | $2,818 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $118 |
| Other expenses | $10,278 |
| Total expenses | $13,396 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,119 |
| Other assets | $0 |
| Total assets | $43,119 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,119 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lsu Alumni Association Baton Rouge, LA | $42,813,688 | $3,814,637 |
University Of Alabama Alumni Assoc Alumni Hall Tuscaloosa, AL | $63,747,922 | $7,156,369 |
Alumni Association Of The University Of Mississippi Oxford, MS | $10,836,240 | $2,076,893 |
Arkansas Alumni Association Inc Fayetteville, AR | $14,561,052 | $2,077,157 |
Mississippi State University Alumni Inc Mississippi State, MS | $2,835,779 | $1,848,662 |
University Of Southern Mississippi Alumni Association Hattiesburg, MS | $2,761,088 | $617,105 |
Alpha Tau Omega-Gamma Rho Housing Corporation Franklin, TN | $613,479 | $784,389 |
University Of Louisiana At Lafayette Alumni Association Inc Lafayette, LA | $1,882,669 | $358,222 |
Boys And Girls Clubs Of Mccomb Mccomb, MS | $804,158 | $534,088 |
Arkansas State University Alumni Association Inc State University, AR | $4,421,210 | $259,299 |
The University Of South Alabama National Alumni Association Inc Mobile, AL | $1,996,523 | $859,340 |
Meharry Alumni Association Nashville, TN | $3,460,148 | $404,089 |