Island University Foundation Texas A&m University-Corpus Christ
- Assets
- $128.3k
- Revenue
- $268.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Corpus Christi, TX
- Founding
- 08/2003
- Data as of
- 08/2023
- 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 08/2023, Island University Foundation Texas A&m University-Corpus Christ generated $268.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $262.1k during the year ending 08/2023. While expenses have increased by 4.0% 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
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
FUNDS OVER $85,000 EACH YEAR ARE TRANSFERRED TO THE "ISLANDER FOREVER ENDOWED SCHOLARSHIP" WITH THE TEXAS A&M-CORPUS CHRISTI FOUNDATION
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". 0
ALUMNI RECOGNITION DINNER & EVENTS HONORS OUR MOST DISTINGUISHED & OUTSTANDING ALUMNI. INDIVIDUALS ARE RECOGNIZED FOR THEIR DEDICATION TO THEIR PROFESSIONAL, COMMUNITY & UNIVERSITY.
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 | OfficerTrustee | 2 | $0 |
Kimberly Cook Pres Elect | OfficerTrustee | 2 | $0 |
Margaret Lara Past Pres | OfficerTrustee | 2 | $0 |
Tina Ybarra Secretary | OfficerTrustee | 2 | $0 |
Ralph Silva VP | OfficerTrustee | 2 | $0 |
Rodolfo Moreno 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 | $21,297 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,297 |
| Total Program Service Revenue | $247,236 |
| 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 | $268,533 |
| 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 | $2,753 |
| 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 | $13,818 |
| Information technology | $12,654 |
| Royalties | $0 |
| Occupancy | $1,817 |
| Travel | $4,493 |
| 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 | $262,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,250 |
| 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 | $128,250 |
| 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 | $128,250 |
| 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 | $128,250 |