Auburn Alumni Association Inc
- Assets
- $16.4m
- Revenue
- $3.3m
- Investments
- $9.4m
- Employees
- 68
- Location
- Auburn, AL
- Founding
- 09/1979
- Data as of
- 09/2022
- EIN
- 63-0439459
Organization Overview
Auburn Alumni Association Inc is located in Auburn, AL. The organization was established in 1979. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 09/2022, Auburn Alumni Association Inc employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Auburn 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 09/2022, Auburn Alumni Association Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $3.1m during the year ending 09/2022. While expenses have increased by 1.3% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AUBURN ALUMNI ASSOCIATION'S MISSION IS TO ENHANCE THE ENGAGEMENT AND CONNECTION OF ALL AUBURN UNIVERSITY ALUMNI AND FRIENDS, TO ADVANCE AUBURN UNIVERSITY BY ENGAGING OUR GLOBAL COMMUNITY AND CULTIVATING THEIR PASSION FOR AND LOYALTY TO THE UNIVERSITY. THE ASSOCIATION ACHIEVES THIS BY HOSTING DIVERSIFIED PROGRAMS INCLUDING REUNIONS, VOLUNTEER NETWORKS SUCH AS THE AUBURN CLUBS AND AFFILIATE PROGRAMS, AWARD RECOGNITION SUCH AS LIFETIME ACHIEVEMENT AWARDS, VIRTUAL SPEAKER SERIES AND TOURS FOR GROUPS OF ALUMNI AND FRIENDS THAT FOSTER A SENSE OF BELONGING TO THE "FAMILY" OF AUBURN UNIVERSITY. CONTRIBUTING MEMBERS RECEIVE A QUARTERLY ISSUE OF THE AUBURN MAGAZINE THAT KEEPS THEM INFORMED ABOUT MATTERS CONCERNING THE UNIVERSITY AND THE ALUMNI COMMUNITY, SUCH AS INFORMATION ON PROMINENT AND SUCCESSFUL INDIVIDUALS WITH AUBURN TIES. ADDITIONALLY, ALL ALUMNI ON RECORD ARE SENT ONE ISSUE OF THE AUBURN MAGAZINE ONCE A YEAR.
Describe the Organization's Program Activity:
AUBURN MAGAZINE - ESTABLISHED IN 1993 UPON DISCONTINUANCE OF THE ALUMNEWS NEWSPAPER. SINCE THAT TIME IT HAS WON NUMEROUS AWARDS. IT PROVIDES A VEHICLE TO ENHANCE THE RELATIONSHIP BETWEEN THE UNIVERSITY AND ITS ALUMNI AND FRIENDS AND FOSTERS A SENSE OF IDENTITY AS AN "AUBURN PERSON." QUARTERLY ISSUES ARE MAILED TO ALL CONTRIBUTING ASSOCIATION MEMBERS. EACH ISSUE IS MAILED TO APPROXIMATELY 35,000 ALUMNI AND FRIENDS. ADDITIONALLY, ONE ISSUE IS MAILED TO ALL ALUMNI ON RECORD ONCE A YEAR; WHICH IS APPROXIMATELY 221,000.
AWARDS AND SCHOLARSHIPS - THE AUBURN ALUMNI ASSOCIATION'S AWARDS AND SCHOLARSHIPS PROGRAM PROVIDES INITIATIVES TO FOSTER GIVING FROM AUBURN ALUMNI AND FRIENDS TO AUBURN UNIVERSITY. THIS CREATES A LASTING TIE BETWEEN THE AUBURN ALUMNI ASSOCIATION MEMBER AND AUBURN UNIVERSITY. THROUGH VARIOUS EVENTS AND PROGRAMS, THE AWARDS AND SCHOLARSHIPS PROGRAM CONTRIBUTED $99,081 TO AUBURN UNIVERSITY AND AUBURN UNIVERSITY FOUNDATION FOR SCHOLARSHIPS.
THE AUBURN CLUB AND AFFILIATES PROGRAM PROVIDES SUPPORT TO 133 INDIVIDUAL AUBURN CLUBS AND AFFILIATES AROUND THE GLOBE REPRESENTING OVER 21,000 ACTIVE MEMBERS. THE AUBURN CLUBS AND AFFILIATES SUPPORTED OVER 700 EVENTS. REPRESENTATIVES OF AUBURN ADVANCEMENT ATTEND AND ACCOMPANY SPEAKERS FROM ACADEMIC AND ATHLETIC PROGRAMS AT MORE THAN 30 ANNUAL MEETINGS. THE CLUBS AND AFFILIATES PROGRAM HOSTED AN ANNUAL CLUB LEADERSHIP CONFERENCE IN WHICH INCOMING OFFICERS AND LEADERS GAIN KNOWLEDGE OF THE ACTIVITIES OF THE ASOCIATION AND UNIVERSITY, OBTAIN TRAINING AND SKILLS IN MANAGEMENT OF THE LOCAL CLUB AND SHARE BEST PRACTICES WITH EACH OTHER ABOUT ACTIVITIES AT THE LOCAL CLUB LEVEL INSTITUTED FOR THE UNIVERSITY'S BENEFIT. LOCAL CLUBS AND AFFILIATES GENERATE 210 SCHOLARSHIPS ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gretchen Vanvalkenburg Executive Director, Ex-Off | OfficerTrustee | 20 | $111,862 |
Maria Baugh Board Dir | Trustee | 0 | $0 |
Cheryl L Casey Board Dir, Ex-Officio | Trustee | 0 | $0 |
Michelle M Granberry Treasurer, Board Dir | OfficerTrustee | 0 | $0 |
M Van Henley Past President, Board Dir | Trustee | 0 | $0 |
Fred Blatchford Board Dir | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $593,640 |
| Fundraising events | $50,660 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,228,968 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,873,268 |
| Total Program Service Revenue | $912,375 |
| Investment income | $425,246 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $188,001 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$109,706 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,342,951 |
| 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. | $236,606 |
| Compensation of current officers, directors, key employees. | $236,606 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $749,559 |
| Pension plan accruals and contributions | $132,171 |
| Other employee benefits | $107,645 |
| Payroll taxes | $67,129 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,083 |
| Fees for services: Accounting | $28,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,923 |
| Advertising and promotion | $391,540 |
| Office expenses | $286,297 |
| Information technology | $92,250 |
| Royalties | $0 |
| Occupancy | $113,543 |
| Travel | $85,838 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $388,748 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $152,642 |
| Insurance | $37,746 |
| All other expenses | $18,592 |
| Total functional expenses | $3,112,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,792 |
| Savings and temporary cash investments | $4,542,224 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $283,991 |
| 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 | $45 |
| Net Land, buildings, and equipment | $2,121,081 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,421,813 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,410,946 |
| Accounts payable and accrued expenses | $409,034 |
| Grants payable | $0 |
| Deferred revenue | $8,463,037 |
| 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 | $8,872,071 |
| Net assets without donor restrictions | $7,538,875 |
| 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 | $16,410,946 |