Alumni Association Of The University Of South Dakota
- Assets
- $0.0
- Revenue
- $7.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Vermillion, SD
- Founding
- 05/1958
- Data as of
- 10/2022
- EIN
- 46-6001196
Organization Overview
Alumni Association Of The University Of South Dakota is located in Vermillion, SD. The organization was established in 1958. 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 the central organization for a national or regional group of organizations. Alumni Association Of The University Of South Dakota 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 10/2022, Alumni Association Of The University Of South Dakota generated $7.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (34.2%) each year. All expenses for the organization totaled $1.3m during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INFORMATION AND SUPPORT FOR THE UNIVERSITY OF SOUTH DAKOTA'S ALUMNI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE INFORMATION AND SUPPORT FOR THE UNIVERSITY OF SOUTH DAKOTA'S ALUMNI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyler Tordsen Chair | 0 | $0 | |
Travis Hahler Vice Chair | 0 | $0 | |
Patrick Glover Athletic Board Of Control | 0 | $0 | |
Nicolle Samuels Athletic Board Of Control | 0 | $0 | |
Deb Peters Foundation Board Representative | 0 | $0 | |
Kari Portice Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $6,850 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $689 |
| Capital Gain Net Income | $689 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,549 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,694 |
| Contributions, gifts, grants paid | $1,255,722 |
| Total expenses and disbursements | $1,260,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Alumni Association Of The University Of South Dakota has awarded $1,255,722 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF SOUTH DAKOTA FOUNDATION PURPOSE: ENDOWMENT FOR SCHOLARSHIPS OF USD ALUMNI CHILDREN | $1,197,534 |
UNIVERSITY OF SOUTH DAKOTA FOUNDATION PURPOSE: FOR SCHOLARSHIPS OF USD ALUMNI CHILDREN | $58,188 |