University Of Alabama Alumni Assoc Alumni Hall
- Assets
- $63.7m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Tuscaloosa, AL
- Founding
- 04/1958
- Data as of
- 06/2019
- EIN
- 63-0011380
Organization Overview
University Of Alabama Alumni Assoc Alumni Hall is located in Tuscaloosa, AL. 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 an independent organization and not affiliated with a larger national or regional group of organizations. University Of Alabama Alumni Assoc Alumni Hall 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 06/2019, University Of Alabama Alumni Assoc Alumni Hall generated $7.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $4.3m during the year ending 06/2019. While expenses have increased by 0.2% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND ENCOURAGE INTEREST IN THE UNIVERSITY OF ALABAMA THROUGH PUBLICATIONS, REUNIONS, AND OTHER ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT AID, SCHOLARSHIPS AND AWARDS PROVIDED TO STUDENTS OF THE UNIVERSITY OF ALABAMA TO AID THEM IN THEIR EDUCATIONAL ENDEAVORS.
SUPPORT INFORMATION, COMMUNICATION, AND OTHER PROGRAM SERVICES AT THE NATIONAL ALUMNI ASSOCIATION OF THE UNIVERSITY OF ALABAMA.
CHAPTER DEVELOPMENT TO PROVIDE RESOURCES AND SUPPORT FOR THE VARIOUS LOCAL CHAPTERS OF THE ALUMNI ASSOCIATION AS THEY CONDUCT ACTIVITIES WHICH ULTIMATELY SUPPORT THE UNIVERSITY OF ALABAMA.
MEMBER EVENTS THAT PROMOTE INTEREST IN UA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin Brown Exec. Secretary | OfficerTrustee | 1 | $0 |
Amanda Roberts Wyatt President | OfficerTrustee | 1 | $0 |
Matthew Fajack Treasurer | Officer | 1 | $0 |
Adam Tate Director | Trustee | 1 | $0 |
Haig Wright II Past President | Trustee | 1 | $0 |
Julie Shelton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,699,752 |
| Investment income | $2,499,324 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $648,075 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,156,369 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,779,387 |
| 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 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 | $27,432 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,543 |
| Advertising and promotion | $111,927 |
| Office expenses | $539,154 |
| Information technology | $28,713 |
| Royalties | $0 |
| Occupancy | $37,167 |
| Travel | $286,260 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $96,648 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $667 |
| All other expenses | $91,268 |
| Total functional expenses | $4,305,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $321,598 |
| 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 |
| Investments—publicly traded securities | $62,503,920 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $875,904 |
| Total assets | $63,747,922 |
| Accounts payable and accrued expenses | $182,012 |
| 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 | $171,873 |
| Total liabilities | $353,885 |
| Net assets without donor restrictions | $25,043,204 |
| Net assets with donor restrictions | $7,066,719 |
| Capital stock or trust principal, or current funds | $3,128,414 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $63,394,037 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that University Of Alabama Alumni Assoc Alumni Hall has recieved totaling $33,479.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,119 |
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: EDUCATION | $12,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,125 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 12/09/20 | $250 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $250 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $200 |
Endowment Analysis
| Beg. Balance | $53,456,707 |
| Earnings | $18,559,763 |
| Net Contributions | $2,517,934 |
| Grants | $1,925,730 |
| Ending Balance | $72,608,674 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mississippi Community Education Center Jackson, MS | $16,617,573 | $26,875,315 |
Georgia Tech Alumni Association Inc Atlanta, GA | $3,190,672 | $7,936,222 |
University Of Alabama Alumni Assoc Alumni Hall Tuscaloosa, AL | $63,747,922 | $7,156,369 |
University Of Florida Alumni Association Inc Gainesville, FL | $0 | $2,776,539 |
Alumni Association Of The University Of Mississippi Oxford, MS | $10,836,240 | $2,076,893 |
University Of South Florida Alumni Association Inc Tampa, FL | $10,823,849 | $2,834,575 |
Florida State University Alumni Association Tallahassee, FL | $5,180,580 | $3,503,983 |
Mississippi State University Alumni Inc Mississippi State, MS | $2,835,779 | $1,848,662 |
Itba Alumni Foundation Inc Miami, FL | $3,754 | $1,559,691 |
University Of Southern Mississippi Alumni Association Hattiesburg, MS | $2,761,088 | $617,105 |
The Florida A & M University National Alumni Association Inc Tallahassee, FL | $2,980,396 | $1,234,088 |
Alpha Tau Omega-Gamma Rho Housing Corporation Franklin, TN | $613,479 | $784,389 |