Virginia Commonwealth Universi ALUMNI is located in Richmond, VA. The organization was established in 1994. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. Virginia Commonwealth Universi ALUMNI 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 06/2021, Virginia Commonwealth Universi ALUMNI generated $210.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
VCU ALUMNI MISSSION IS TO ADVANCE THE UNIVERSITY BY BUILDING ACTIVE SUPPORT, COMMITMENT THROUGH ALUMNI,PROSPECTIVE STUDENTS, BUSINESS PARTNERS AND FACULTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALUMNI/STUDENT PROGRAMS - PROVICES DIRECT SUPPORT FOR EVENTS WHICH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michelle Peace Presidentelect | OfficerTrustee | 1 | $0 |
Dale Kalkofen Past President | OfficerTrustee | 1 | $0 |
Michael Whitlo President | OfficerTrustee | 1 | $0 |
Linda Warren Treasurer | OfficerTrustee | 1 | $0 |
Elizabeth Bass Secretary | OfficerTrustee | 1 | $0 |
Andy Hobson Engagement Ch | OfficerTrustee | 1 | $0 |
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 | $73,661 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $73,661 |
Total Program Service Revenue | -$825 |
Investment income | $28,486 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $109,169 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $23 |
Miscellaneous Revenue | $0 |
Total Revenue | $210,514 |
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 | $2,130 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,866 |
Fees for services: Other | $311 |
Advertising and promotion | $7,205 |
Office expenses | $53,280 |
Information technology | $1,025 |
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 | $1,485 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $9,008 |
All other expenses | $0 |
Total functional expenses | $1,694,101 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
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 | $0 |
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 | $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 | $0 |
Over the last fiscal year, Virginia Commonwealth Universi ALUMNI has awarded $59,148 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Richmond, VA PURPOSE: PROGRAM SUPPORT | $50,000 |
VIRGINIA COMMONWEALTH UNIVERSITY PURPOSE: PROGRAM SUPPORT | $9,148 |
Over the last fiscal year, we have identified 3 grants that Virginia Commonwealth Universi ALUMNI has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Bayport Foundation Newport News, VA PURPOSE: SCHOLARSHIPS | $2,500 |
J William And Elizabeth S Robinson Foundation Inc Atlanta, GA PURPOSE: FOR THE PROMOTION OF EDUCATIONAL DEVELOPMENT | $2,000 |
Chapman Foundation Greenville, SC PURPOSE: 501(C)(3) EDUCATIONAL INSTITUTION CONTRIBUTION | $500 |
Beg. Balance | $114,680 |
Earnings | $2,964 |
Net Contributions | $4,002 |
Grants | $4,500 |
Ending Balance | $117,146 |
Organization Name | Assets | Revenue |
---|---|---|
United States Naval Academy Alumni Assoc Annapolis, MD | $136,310,345 | $26,897,412 |
General Alumni Assoc Chapel Hill, NC | $118,995,183 | $8,416,070 |
North Carolina State University Alumni Association Raleigh, NC | $63,898,145 | $4,644,432 |
University Of Maryland Alumni Association Inc College Park, MD | $12,691,064 | $3,266,987 |
University Of Kentucky Alumni Association Inc Lexington, KY | $23,880,056 | $3,849,544 |
West Virginia University Alumni Association Inc Morgantown, WV | $18,753,718 | $1,910,317 |
Medical College Of Va Alumni Assoc Of Virginia Commonwealth Univ Richmond, VA | $0 | $190,238 |
Virginia Commonwealth Universi ALUMNI Richmond, VA | $0 | $210,514 |
Duke Alumni Association Inc Durham, NC | $792,785 | $1,542,394 |
V M I Alumni Association Lexington, VA | $3,901,860 | $1,387,698 |
Western Kentucky University Alumni Association Inc Bowling Green, KY | $10,394,906 | $2,845,412 |
The William & Mary Alumni Association Williamsburg, VA | $17,614,016 | $1,967,274 |