The University Of Houston Alumni Association Foundation
- Assets
- $12.6m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 02/1942
- Data as of
- 08/2023
- EIN
- 74-1367041
Organization Overview
The University Of Houston Alumni Association Foundation is located in Houston, TX. The organization was established in 1942. 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 Houston Alumni Association Foundation 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 08/2023, University Of Houston Alumni Association Foundation generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $1.1m during the year ending 08/2023. While expenses have increased by 3.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
UHAA IS A GLOBAL COMMUNITY COMMITTED TO SUPPORT UNIVERSITY OF HOUSTON AS A PREMIER INSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UHAA IS A MEMBERSHIP ORGANIZATION THAT PROVIDES SERVICES, PROGRAMS, AND EVENTS TO SERVE THE UNIVERSITY, ITS MEMBERS, AND INVOLVED ALUMNI. DURING THE YEAR ENDING AUGUST 31, 2023, 280 PROGRAMS, MEETINGS, ACTIVITIES, AND EVENTS WERE HELD. ALUMNI PROGRAMS ARE DESIGNED TO CONNECT AND BUILD RELATIONSHIPS BETWEEN ALUMNI, CURRENT STUDENTS, THE UHAA, AND THE UNIVERSITY.
ALUMNI COMMUNICATIONS INCLUDE THE UH ALUMNI QUARTERLY, A PERIODICAL PUBLICATION DISTRIBUTED TO ALL MEMBERS; MONTHLY E-NEWSLETTERS AND E-BLASTS, INTERACTIVE WEBSITE INCLUDING ONLINE RESERVATIONS, ONLINE DIRECTORY, AND ONLINE RESOURCES. THESE COMMUNICATIONS ARE DESIGNED TO CONNECT ALUMNI TO THE UNIVERSITY AND EACH OTHER. THEY ARE USED TO PROMOTE MEMBER SERVICES AND PROGRAMS AS WELL AS PROVIDE RECOGNITION OF THE TALENTS AND ACHIEVEMENTS OF ALUMNI, FACULTY, AND STAFF AT THE UNIVERSITY OF HOUSTON.
UHAA AWARDED 272 SCHOLARSHIPS TOTALING, $101,531 IN OUR OWN SCHOLARSHIPS AND $99,122 IN SCHOLARSHIP ENDOWMENT SUPPORT TO THE UNIVERSITY. THE UHAA SCHOLARSHIP PROGRAM INCLUDES SCHOLARSHIP AWARDS FOR BOTH INCOMING FRESHMEN AND CURRENT STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Luckett President | OfficerTrustee | 2 | $0 |
Michael Sachs Incoming President | OfficerTrustee | 1 | $0 |
Drue Dasilva Immediate Past President | OfficerTrustee | 1 | $0 |
Shazia Khan Secretary | OfficerTrustee | 1 | $0 |
Richard Whiteley Treasurer | OfficerTrustee | 1 | $0 |
Scott Rando At-Large Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $413,988 |
| Fundraising events | $69,860 |
| Related organizations | $0 |
| Government grants | $102,179 |
| All other contributions, gifts, grants, and similar amounts not included above | $286,566 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $872,593 |
| Total Program Service Revenue | $141,469 |
| Investment income | $297,697 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $471,435 |
| Net Income from Fundraising Events | $52,605 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,837,665 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,586 |
| Grants and other assistance to domestic individuals. | $200,653 |
| 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 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 | $35,558 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65,646 |
| Fees for services: Other | $272,467 |
| Advertising and promotion | $4,071 |
| Office expenses | $160,683 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,136 |
| 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 | $4,359 |
| Insurance | $14,095 |
| All other expenses | $7,967 |
| Total functional expenses | $1,087,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $680,102 |
| Savings and temporary cash investments | $483,413 |
| Pledges and grants receivable | $212,654 |
| Accounts receivable, net | $121,190 |
| 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 | $10,324 |
| Net Land, buildings, and equipment | $57,165 |
| Investments—publicly traded securities | $10,726,610 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $290,125 |
| Total assets | $12,581,583 |
| Accounts payable and accrued expenses | $14,030 |
| Grants payable | $0 |
| Deferred revenue | $85,715 |
| 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 | $99,745 |
| Net assets without donor restrictions | $11,076,246 |
| Net assets with donor restrictions | $1,405,592 |
| 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 | $12,581,583 |
Grants Awarded
Over the last fiscal year, The University Of Houston Alumni Association Foundation has awarded $34,586 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF HOUSTON PURPOSE: SCHOLARSHIPS AND ATHLETIC PROGRAM SUPPORT | $13,586 |
HOUSTON ZOO PURPOSE: GENERAL SUPPORT | $21,000 |