Arkansas Alumni Association Inc

Organization Overview

Arkansas Alumni Association Inc is located in Fayetteville, AR. The organization was established in 1991. 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. Arkansas 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 06/2022, Arkansas Alumni Association Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WE SUPPORT OUR MISSION THROUGH MEMBERSHIP, CHAPTERS AND OUTREACH, SOCIETIES, SPECIAL EVENTS, AFFINITY PROGRAMS (TRAVEL, CREDIT CARD, AND INSURANCE), CAMPUS PARTNERS AND CAMPUS SUPPORT, STUDENT PROGRAMS, AND MANY OTHER EVENTS FOR ENGAGING STUDENTS, ALUMNI, FACULTY, STAFF AND FRIENDS OF THE UNIVERSITY OF ARKANSAS.

Describe the Organization's Program Activity:

SCHOLARSHIPS - EACH YEAR WE AWARD SCHOLARSHIPS TO STUDENTS. THERE ARE 533 STUDENTS THAT RECEIVED SCHOLARSHIP FUNDS DURING THE FISCAL YEAR. EACH YEAR WE ADD APPROXIMATELY 100 NEW STUDENTS TO THE SCHOLARSHIP GROUP.


OUR OTHER PROGRAMS INCLUDE OUR REGULAR BOARD MEETING TO SUPPORT OUR BOARD, ATHLETIC PROGRAMS THAT SUPPORT ALL OF OUR OTHER PROGRAMS AS WELL HAS OTHER ALUMNI. IT ALSO INCLUDES OUR SPECIAL EVENTS AND ALL OF THE EVENTS WE HOLD AT THE ALUMNI HOUSE.


MEMBERSHIP, MARKETING AND COMMUNICATIONS - WHILE THIS PROGRAM IS SEPARATED ON OUR FUNCTIONAL EXPENSES, THEY WORK HAND IN HAND TO SUPPORT OUR MEMBERSHIP. WE PROVIDE A QUARTERLY MAGAZINE TO ALL OF OUR MEMBERS, A PERKS PROGRAM, T-SHIRTS AND OTHER ITEMS, AS WELL REGULAR ELECTRONIC COMMUNICATIONS SO THAT OUR MEMBERS CAN STAY CONNECTED TO THE AAA AND THE UNIVERSITY. WE HAVE BOTH ANNUAL AND LIFE MEMBERSHIP LEVELS. THERE ARE DISCOUNT LEVELS FOR RECENT GRADUATES AND THOSE WHO HAVE GRADUATED 40 YEARS PRIOR. WE ALSO HAVE STUDENT MEMBERS. AS OF 6/30/2022, WE HAD 7,719 ANNUAL MEMBERS, 7,451 LIFE MEMBERS AND 200 STUDENT MEMBERS.


CHAPTERS AND SOCIETIES - WE HAVE 32 CHAPTERS AND 15 SOCIETIES. CHAPTERS ARE LOCATED IN DIFFERENT CITIES ACROSS THE WORLD WHILE SOCIETIES HAVE A LINK TO GROUPS ON CAMPUS. EACH OF THE GROUPS HOLD EVENTS, REUNIONS AND UNITE ALUMNI OF THE UNIVERSITY OF ARKANSAS ALONG LIKE INTERESTS AND GROUPS. ATTENDING EVENTS DOES NOT REQUIRE MEMBERSHIP, BUT IT IS ENCOURAGED. WE ALSO PROVIDE SUPPORT TO OUR CAMPUS COMMUNITY THROUGH OUR CAMPUS PARTNER RELATIONSHIPS.


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Board, Officers & Key Employees

Name (title)Compensation
Brandy Cox
Executive Director
$0
Ron Rainey
President
$0
Donald E Walker
President Elect
$0
Kristen Collier Wright
Treasurer
$0
Linda Bedford-Jackson
Director
$0
Tori Bogner
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$329,465
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,361,155
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,690,620
Total Program Service Revenue$69,682
Investment income $103,945
Tax Exempt Bond Proceeds $0
Royalties $120,225
Net Rental Income $51,061
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 $2,058,784

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