Island University Foundation Texas A&m University-Corpus Christ
- Assets
- $135.0k
- Revenue
- $252.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Corpus Christi, TX
- Founding
- 08/2003
- Data as of
- 08/2021
- EIN
- 74-2929471
Organization Overview
Island University Foundation Texas A&m University-Corpus Christ is located in Corpus Christi, TX. The organization was established in 2003. 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. Island University Foundation Texas A&m University-Corpus Christ 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 08/2021, Island University Foundation Texas A&m University-Corpus Christ generated $252.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $214.7k during the year ending 08/2021. While expenses have increased by 1.9% per year over the past 6 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
PROMOTE THE WELFARE & INTERESTS OF TEXAS A&M UNIV-CORPUS CHRISTI
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMENCEMENT-ASSIST WITH THIS EVENT THAT HAPPENS THREE TIMES OVER THE COURSE OF THE YEAR BY OFFICIALLY CONGRATULATING STUDENTS AS THEY CROSS OVER FROM STUDENT TO ALUMNI. 0
HOMECOMING IS DESIGNED TO TARGET ALUMNI IN THE COASTAL BEND, TEXAS & THE REST OF THE COUNTRY. MULTIPLE EVENTS HELD THROUGHOUT THE WEEKEND ARE TO ENTICE ALUMNI TO COME "HOME".
ALUMNI RECOGNITION DINNER & EVENTS HONORS OUR MOST DISTINGUISHED & OUTSTANDING ALUMNI. INDIVIDUALS ARE RECOGNIZED FOR THEIR DEDICATION TO THEIR PROFESSIONAL, COMMUNITY & UNIVERSITY.
FUNDS OVER $85,000 EACH YEAR ARE TRANSFERRED TO THE "ISLANDER FOREVER ENDOWED SCHOLARSHIP" WITH THE TEXAS A&M-CORPUS CHRISTI FOUNDATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Haysam Dawod Pres Elect | OfficerTrustee | 2 | $0 |
Margaret Lara Pres | OfficerTrustee | 2 | $0 |
Cynthia Turner Past Pres | OfficerTrustee | 2 | $0 |
Kimberly Cook Secretary | OfficerTrustee | 2 | $0 |
Leanne Mulholland VP | OfficerTrustee | 2 | $0 |
Ralph Silva Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,920 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,920 |
| Total Program Service Revenue | $245,807 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $252,727 |
| 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. | $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 | $100,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,348 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $16,360 |
| Information technology | $26,068 |
| Royalties | $0 |
| Occupancy | $2,241 |
| Travel | $7,976 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $214,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,039 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $135,039 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $135,039 |
| 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 | $135,039 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Island University Foundation Texas A&m University-Corpus Christ has recieved totaling $362.
| Awarding Organization | Amount |
|---|---|
Celanese Foundation Irving, TX PURPOSE: CHARITABLE CONTRIBUTION | $362 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Former Students Of Texas A & M University College Station, TX | $202,537,498 | $46,927,604 |
Angelo State University Foundation Inc San Angelo, TX | $35,914,777 | $13,132,707 |
Ex Students Association Of The Austin, TX | $164,001,121 | $27,599,217 |
Leadership Education Foundation College Station, TX | $3,972,064 | $10,009,970 |
Communities In Schools Of Greater Tarrant County Inc Fort Worth, TX | $6,563,272 | $10,310,134 |
Lsu Alumni Association Baton Rouge, LA | $42,813,688 | $3,814,637 |
Oklahoma State University Alumni Association Stillwater, OK | $25,317,339 | $3,350,380 |
Texas Tech Alumni Association Lubbock, TX | $17,376,523 | $4,664,357 |
Delta Delta Delta Foundation Dallas, TX | $24,531,824 | $3,988,064 |
Arkansas Alumni Association Inc Fayetteville, AR | $14,561,052 | $2,077,157 |
Iitmaana Spring, TX | $661,366 | $1,712,067 |
University Of Tx At San Antonio San Antonio, TX | $4,217,745 | $1,664,150 |