Mississippi State University Alumni Inc
- Assets
- $2.8m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 10
- Location
- Mississippi State, MS
- Founding
- 12/1975
- Data as of
- 06/2021
- EIN
- 64-6035311
Organization Overview
Mississippi State University Alumni Inc is located in Mississippi State, MS. The organization was established in 1975. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 06/2022, Mississippi State University Alumni Inc employed 10 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Mississippi State University Alumni 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 06/2021, Mississippi State University Alumni Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 3.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE ANNUAL GIVING TO PROVIDE FUNDS FOR SERVICES TO MISSISSIPPI STATE UNIVERSITY ALUMNI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATIONS TO INFORM ALUMNI OF UNIVERSITY ACTIVITIES AND ALUMNI SUPPORT FUNDS
HOMECOMING AND SIMILAR ACTIVITIES ON CAMPUS. ALUMNI MEETINGS WITHIN AND OUTSIDE MISSISSIPPI
ALUMNI RECOGNITION AND RELATIONS WITH OTHER UNIVERSITIES AND STUDENT RECRUITMENT/STUDENT SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Davis Executive Director | Trustee | 40 | $183,473 |
Robert White National President | OfficerTrustee | 0 | $0 |
Terri Russell National Vice President | OfficerTrustee | 0 | $0 |
Riley Nelson National Treasurer | OfficerTrustee | 0 | $0 |
William Bowlin Ms North 2 Region Director | Trustee | 0 | $0 |
James Mcpherson Ms North 3 Region Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,063,641 |
| Investment income | $2,530 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,897 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,848,662 |
| Statement of Expenses | |
|---|---|
| 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. | $206,588 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $299,907 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $98,625 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,866 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,905 |
| Fees for services: Other | $0 |
| Advertising and promotion | $538 |
| Office expenses | $38,775 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $139,095 |
| Travel | $25,332 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,888 |
| Insurance | $10,775 |
| All other expenses | $0 |
| Total functional expenses | $1,831,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $570,613 |
| Savings and temporary cash investments | $2,201,010 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $59,353 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,835,779 |
| Accounts payable and accrued expenses | $252,989 |
| 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 | $252,989 |
| 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 |
| Total liabilities and net assets/fund balances | $2,582,790 |