Purdue Agricultural Alumni Assoc Inc
- Assets
- $551.5k
- Revenue
- $142.2k
- Investments
- $0.0
- Employees
- 0
- Location
- West Lafayette, IN
- Founding
- 05/1940
- Data as of
- 12/2023
- EIN
- 35-0923055
Organization Overview
Purdue Agricultural Alumni Assoc Inc, operating under the name Paaa, is located in West Lafayette, IN. The organization was established in 1940. 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. Paaa 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 12/2023, Paaa generated $142.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $63.9k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CULTIVATING A NETWORK OF ALUMNI AND STUDENTS IN ORDER TO SHARE THE VALUE OF PURDUE UNIVERSITY COLLEGE OF AGRICULTURE (COA) FOR THE BETTERMENT OF SOCIETY IN BOTH LOCAL AND GLOBAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDERS OF RELATIONSHIPS - CULTIVATING CONNECTIONS TO AND ACROSS THE VARIOUS STRATA OF ALUMNI AND UNIVERSITY STAKEHOLDERS.
MULTIPLIERS - CULTIVATING CONNECTIONS BETWEEN ALUMNI AND STUDENTS AND THEIR ORGANIZATIONS, RECOGNIZING INDIVIDUALS FOR OUTSTANDING SUCCESS AND SERVICE WITHIN THE INDUSTRY, AND CONNECTING TO FACULTY AND STAFF.
STORYTELLERS (OUTREACH) - CULTIVATING CONNECTIONS BETWEEN ALUMNI AND FRIENDS TO SERVE AS AGRICULTURE'S STORYTELLERS AND SHARE THE INDUSTRY'S SUCCESS STORY, HOSTING EVENTS THAT CELEBRATE THE ACHIEVEMENTS OF PURDUE ALUMNI, AND RAISING MONEY TO SUPPORT THE ORGANIZATION'S INITIATIVES. THESE ACTIVITIES INCLUDE THE PIONEER VILLAGE, WABASH BASH, GOLF OUTINGS AND MORE. PIONEER VILLAGE IS AN EDUCATIONAL EXHIBIT OPERATED BY PAAA AT THE INDIANA STATE FAIR DISPLAYING INDIANA'S AGRICULTURAL HERITAGE. ATTENDANCE IS APPROXIMATELY 200,000 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Crabb Vice Preside | Officer | 1 | $0 |
Mark Drew Garretson Secretary | Officer | 1 | $0 |
Aaron Goedde Treasurer | Officer | 1 | $0 |
Seth Harden President | Officer | 1 | $0 |
Danica C Kirkpatrick Executive Di | Officer | 40 | $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 | $29,562 |
| Noncash contributions included in lines 1a–1f | $7,404 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,562 |
| Total Program Service Revenue | $60,008 |
| Investment income | $14,675 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $37,268 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $723 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $142,236 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $1,757 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,872 |
| 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 | $17,500 |
| Total functional expenses | $63,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $139,045 |
| 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 | $569 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $411,913 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $551,527 |
| 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 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $473,160 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $78,367 |
| Total liabilities and net assets/fund balances | $551,527 |