Mayo Medical Alumni Association

Organization Overview

Mayo Medical Alumni Association is located in Rochester, MN. The organization was established in 2002. 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. Mayo Medical 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, Mayo Medical Alumni Association generated $773.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $439.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CONNECTING OUR ALUMNI AND BRINGING MAYO CLINIC VALUES TO THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN KEEPING WITH ITS MISSION, AND IN COMPLIANCE WITH COVID-19 RESTRICTIONS, THE ORGANIZATIONHELD A NUMBER OF HYBRID VIRTUAL AND IN-PERSON EVENTS INCLUDING THE 2021 BIENNIAL MEETING INAZ, RECEPTIONS AROUND THE COUNTRY FOR VARIOUS ALUMNI ASSOCIATION GROUPS AND EVENTS FORALUMNI OF THE MAYO CLINIC ALIX SCHOOL OF MEDICINE, THE MAYO CLINIC GRADUATE SCHOOL OFBIOMEDICAL SCIENCES AND THE MAYO CLINIC SCHOOL OF GRADUATE MEDICAL EDUCATION.ADDITIONALLY, THE ORGANIZATION CONTINUED TO DISSEMINATE OF ALL CURRENT MAYO CLINIC GUIDANCEON COVID-19 TESTING, TREATMENT AND RESEARCH ACTIVITY TO ITS ALUMNI VIA EMAIL AND THE ALUMNIWEBSITE BEGINNING IN MARCH 2020 AT NO COST TO ALUMNI.


THE ORGANIZATION FACILITATED COMMUNICATION AMONG MAYO FELLOWS AND ENABLED WELLNESSACTIVITIES IN LIGHT OF PANDEMIC RESTRICTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
M Molly Mcmahon
Secretary-Treasurer
$0
Carl L Backer
President
$0
Eric S Edell
Past President
$0
Burkhard Wippermann
Vice President
$0
Theresa S Emory
President-Elect
$0
Judith Anderson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$561,204
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$71,460
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$632,664
Total Program Service Revenue$19,515
Investment income $8,366
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,504
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $80,494
Miscellaneous Revenue$0
Total Revenue $773,730

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mayo Medical Alumni Association has recieved totaling $58.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$58
View Grant Recipient Profile

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