Georgetown University Alumni Association Inc
- Assets
- $6.4m
- Revenue
- $815.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/1980
- Data as of
- 06/2022
- EIN
- 52-1170825
Organization Overview
Georgetown University Alumni Association Inc is located in Washington, DC. The organization was established in 1980. 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 a parent organization of an affiliated group for tax-exemption purposes. Georgetown University Alumni Association Inc 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, Georgetown University Alumni Association Inc generated $815.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $514.1k during the year ending 06/2022. 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
THE MISSION OF THE GEORGETOWN UNIVERSITY ALUMNI ASSOCIATION IS TO GENERATE GOODWILL AND SUPPORT FOR THE UNIVERSITY AND TO FOSTER A LIFELONG CONNECTION AMONG ALUMNI, OUR ALMA MATER AND THE GLOBAL GEORGETOWN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GEORGETOWN UNIVERSITY ALUMNI ASSOCIATION (GUAA) STRATEGIC PLAN HAS THE FOLLOWING FIVE PRIORITIES: 1) TO CREATE A MORE INCLUSIVE AND CONNECTED COMMUNITY, FOSTERING JUSTICE AND EQUALITY IN PROGRAMMING, EDUCATIONAL, EMPLOYMENT AND CONTRACTING OPPORTUNITIES AND LEADING EFFORTS TO CREATE AN INCLUSIVE ACADEMIC AND WORK ENVIRONMENT; 2) INSPIRE LOYALTY AND SUPPORT BY FORGING ADDITIONAL CONNECTIONS BETWEEN ALUMNI AND ALMA MATER. STRENGTHEN GEORGETOWN'S GLOBAL BRAND, MISSION AND GOALS BY ENGAGING ALUMNI IN MEANINGFUL ACTIVITIES AND PROGRAMS; BROADENING AND DEEPENING VOLUNTEER OPPORTUNITIES; AND ENHANCING COMMUNICATION AMONG THE GEORGETOWN ALUMNI COMMUNITY; 3) INCREASE AND DIVERSIFY COMMUNICATIONS STRATEGIES, CHANNELS AND CONTENT TO REACH NEW AUDIENCES, DEEPEN ALUMNI ENGAGEMENT AND ADVANCE THE GLOBAL MISSION OF GEORGETOWN; 4) TO CREATE A BOARD-WIDE CULTURE OF MEASUREMENT AND ACCOUNTABILITY AND DEVELOP A FRAMEWORK FOR MEASURING AND COMMUNICATING DATA; 5) COLLECTIVELY AND INDIVIDUALLY, SUPPORT GUAA IN ACHIEVING/REALIZING BEST PRACTICES FOR BOARD AND ASSOCIATION MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aileen Furlong Caffrey Senator | Trustee | 2 | $0 |
Albert F Tellechea ESQ Senator | Trustee | 2 | $0 |
Aldrinana Leung Senator | Trustee | 2 | $0 |
Alexandria Eugenia Kane Senator | Trustee | 2 | $0 |
Ana-Alicia Siqueiros Elected Governor | Trustee | 5 | $0 |
Andrew Jameson Elected Governor | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $100,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,125 |
| Total Program Service Revenue | $0 |
| Investment income | $163,755 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $302,747 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $248,958 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $815,750 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $55,065 |
| 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 | $8,017 |
| Fees for services: Accounting | $32,496 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,290 |
| Fees for services: Other | $24,793 |
| Advertising and promotion | $29,000 |
| Office expenses | $10,078 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,260 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $112,581 |
| Interest | $3,615 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,513 |
| Insurance | $0 |
| All other expenses | $2,250 |
| Total functional expenses | $514,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $68,725 |
| 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 | $8,430 |
| Net Land, buildings, and equipment | $419,145 |
| Investments—publicly traded securities | $5,884,825 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,381,125 |
| Accounts payable and accrued expenses | $18,311 |
| Grants payable | $0 |
| Deferred revenue | $201,600 |
| 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 | $197,340 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $417,251 |
| Net assets without donor restrictions | $5,963,874 |
| 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 | $6,381,125 |