Shepherd University Alumni Association Inc is located in Shepherdstown, WV. The organization was established in 1986. 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. Shepherd 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 06/2023, Shepherd University Alumni Association Inc generated $59.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $48.6k during the year ending 06/2023. While expenses have increased by 0.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SUPPORT AND ENCOURAGEMENT FOR THE CONTINUED GROWTH AND ADVANCEMENT OF SHEPHERD UNIVERSITY, ITS ALUMNI, STUDENTS AND FACULTY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Katie Swayne Executive Di | 40 | $0 | |
Randy Friend President | 1 | $0 | |
Hannah Brumbaugh Vice Preside | 1 | $0 | |
Kahlen Browning Secretary | 1 | $0 | |
Daniel Sweeney Treasurer | 1 | $0 | |
Michael Bailey Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $54,309 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $8,517 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$3,551 |
Other Revenue | $0 |
Total Revenue | $59,275 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $6,971 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $12,494 |
Other expenses | $29,126 |
Total expenses | $48,591 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $388,280 |
Other assets | $0 |
Total assets | $390,538 |
Total liabilities | $9,895 |
Net assets or fund balances | $380,643 |