Alumni Association Of The State University Of New York At Stony Br
- Assets
- $757.2k
- Revenue
- $238.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Stony Brook, NY
- Founding
- 09/1975
- Data as of
- 06/2022
- EIN
- 51-0160098
Organization Overview
Alumni Association Of The State University Of New York At Stony Br is located in Stony Brook, NY. The organization was established in 1975. 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. Alumni Association Of The State University Of New York At Stony Br 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 06/2022, Alumni Association Of The State University Of New York At Stony Br generated $238.4k 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 (5.1%) each year. All expenses for the organization totaled $211.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE INTELLECTUAL AND EMOTIONAL CONNECTIONS BETWEEN THE UNIVERSITY AND ITS GRADUATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALUMNI ASSOCIATION IS COMMITTED TO HELPING ITS STUDENTS AND GRADUATES SUSTAIN A LIFELONG AND MEANINGFUL RELATIONSHIP WITH STONY BROOK UNIVERSITY. THE ASSOCIATION STRIVES TO OFFER ITS ALUMNI VALUABLE BENEFITS AND SERVICES, ALUMNI VOLUNTEER OPPORTUNITIES AND ENGAGING EXPERIENCES AROUND THE GLOBE TO KEEP THEM CLOSE TO THEIR ALMA MATER. (CONT. IN SCH. O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Debrauwere ESQ Past President | OfficerTrustee | 2 | $0 |
Ahmed Belazi President | OfficerTrustee | 2 | $0 |
Errol A Cockfield President-Elect | OfficerTrustee | 2 | $0 |
Neil Butterklee Vp, Board Strategy | OfficerTrustee | 2 | $0 |
Milin Rao Vp, Board Membership | OfficerTrustee | 2 | $0 |
Leonard Moss Vp, Finances | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $64,540 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,033 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,573 |
| Total Program Service Revenue | $46,513 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $152,442 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$27,158 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $238,370 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,204 |
| Grants and other assistance to domestic individuals. | $1,500 |
| 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 | $13,535 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,336 |
| Advertising and promotion | $11,585 |
| Office expenses | $3,238 |
| 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 | $5,253 |
| All other expenses | $5,027 |
| Total functional expenses | $211,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $639,712 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $102,241 |
| Accounts receivable, net | $11,490 |
| 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 | $3,782 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $757,225 |
| Accounts payable and accrued expenses | $87,149 |
| Grants payable | $11,198 |
| 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 | $98,347 |
| Net assets without donor restrictions | $553,114 |
| Net assets with donor restrictions | $105,764 |
| 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 | $757,225 |
Grants Awarded
Over the last fiscal year, Alumni Association Of The State University Of New York At Stony Br has awarded $52,280 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
STONY BROOK FOUNDATION INC PURPOSE: Student Awards & Program support. | $37,280 |
STONY BROOK UNIVERSITY PURPOSE: OPERATION & PROGRAM SUPPORT | $15,000 |