University Of Toledo Alumni Association
- Assets
- $2.2m
- Revenue
- $694.9k
- Investments
- $439.4k
- Employees
- 0
- Location
- Toledo, OH
- Founding
- 05/1988
- Data as of
- 06/2021
- EIN
- 34-6556011
Organization Overview
University Of Toledo Alumni Association is located in Toledo, OH. The organization was established in 1988. 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. University Of Toledo 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, University Of Toledo Alumni Association generated $694.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $232.1k during the year ending 06/2021. 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
SUPPORT THE UNIVERSITY OF TOLEDO BY FOSTERING A SPIRIT OF LOYALTY AMONG ITS ALUMNI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KEEPING ALUMNI INFORMED ABOUT THE UNIVERSITY AND ITS ALUMNI, FOSTERING ACTIVE INTEREST AND INVOLVEMENT OF ALUMNI IN UNIVERSITY AFFAIRS, PROVIDE ALUMNI AS A RESOURCE TO BENEFIT THE UNIVERSITY, AND INCREASE THE SENSE OF PRIDE ALUMNI HAVE IN THE UNIVERSITY OF TOLEDO.
AMOUNTS CONTRIBUTED TO THE UNIVERSITY OF TOLEDO FOR SCHOLARSHIPS TO BE AWARDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Whitney Past President | OfficerTrustee | 3 | $0 |
David Dmytryka First Vice President | OfficerTrustee | 3 | $0 |
Pete Davis Second Vice President | OfficerTrustee | 3 | $0 |
Kate Matz Treasurer | OfficerTrustee | 3 | $0 |
Nancy Miller President | OfficerTrustee | 3 | $0 |
Jeff Williams Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $120,043 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,939 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,982 |
| Total Program Service Revenue | $81,781 |
| Investment income | $24,753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $396,475 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $64,923 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $694,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,672 |
| 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 | $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 | $13,115 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,402 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,177 |
| Office expenses | $77,879 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,578 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,532 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,662 |
| Total functional expenses | $232,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $453,982 |
| Savings and temporary cash investments | $16,607 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,228 |
| 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 | $19,309 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,228,228 |
| Investments—other securities | $439,366 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,173,720 |
| Accounts payable and accrued expenses | $19,832 |
| Grants payable | $0 |
| Deferred revenue | $24,980 |
| 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 | $44,812 |
| Net assets without donor restrictions | $2,128,908 |
| 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 | $2,173,720 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that University Of Toledo Alumni Association has recieved totaling $9,200.
| Awarding Organization | Amount |
|---|---|
Promedica Health System Inc Toledo, OH PURPOSE: CHARITABLE DONATION | $9,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alumni Association Of The University Of Michigan Ann Arbor, MI | $176,574,081 | $18,254,145 |
Ohio State University Alumni Association Inc Columbus, OH | $38,232,745 | $14,093,968 |
Indiana University Alumni Association Inc Bloomington, IN | $31,479,674 | $10,109,353 |
Penn State Alumni Association University Park, PA | $100,014,631 | $13,658,978 |
Purdue Alumni Association Inc Memorial Union Building West Lafayette, IN | $28,454,716 | $5,513,832 |
Case Alumni Associationincorporated Cleveland, OH | $4,548,848 | $4,106,693 |
University School Alumni Assoc Shaker Heights, OH | $141,981 | $3,476,186 |
University Of Kentucky Alumni Association Inc Lexington, KY | $23,880,056 | $3,849,544 |
West Virginia University Alumni Association Inc Morgantown, WV | $18,753,718 | $1,910,317 |
Thaddeus Stevens Foundation Lancaster, PA | $7,318,571 | $3,742,597 |
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 |