Ohio State University Alumni Association Inc
- Assets
- $524.1k
- Revenue
- $50.9k
- Investments
- $453.7k
- Employees
- 0
- Location
- Upper Arlington, OH
- Founding
- 01/1939
- Data as of
- 06/2021
- EIN
- 81-3554036
Organization Overview
Ohio State University Alumni Association Inc is located in Upper Arlington, OH. The organization was established in 1939. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ohio State University Alumni Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2021, Ohio State University Alumni Association Inc generated $50.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $37.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 5 years. 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 ENHANCE THE WELL-BEING OF ITS MEMBERS THROUGH EDUCATIONAL AND CULTURAL PROGRAMS AND/OR EXPERIENCES THAT PROVIDE:-PERTINENT EDUCATION, SOCIAL AND RECREATIONAL ACTIVITIES;-INFORMATION OF IMPORTANCE TO THE MEMBER'S STATUS AS A RETIREE OF THE UNIVERSITY;-INFORMATION ABOUT WAYS OF MAINTAINING AND IMPROVING THE MEMBER'S HEALTH, ECONOMIC AND FINANCIAL CONDITIONS;-OPPORTUNITIES FOR MEMBERS TO MAINTAIN A RELATIONSHIP WITH AND SERVICE TO THE UNIVERSITY; AND-INFORMATION AND/OR ASSISTANCE TO A SURVIVING SPOUSE/PARTNER OR FAMILY IN CASE OF EXTREME ILLNESS OR DEATH
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BENEFITS COMMITTEE MONITORS MOST ASPECTS OF OUR MEMBER-RETIREES' MAJOR CONCERNS INCLUDING THE REGULATION AND STATUS OF PENSIONS AND RETIREMENT INCOME, HEALTH COVERAGE AND CARE, PUBLIC POLICY, ONGOING STATE/FEDERAL LEGISLATIVE ACTIVITY, LOCAL BENEFITS FOR RETIREES, AND RELATED AREAS. THIS BENEFITS ALL OUR MEMBERS (>2500).
THE MONTHLY NEWSLETTER, AVAILABLE IN PRINT AND ONLINE, KEEPS THE >2500 MEMBERS INFORMED OF ALL THE OSURA EVENTS, ACTIVITIES, AND BENEFITS AND INCLUDES ARTICLES ON AREAS OF INTEREST FOR RETIREES.
ANNUAL FALL CONFERENCE, HELD EACH SEPTEMBER, IS AN ALL-DAY CONVOCATION, WHICH FEATURES A QUEST KEYNOTE ADDRESS, 15 EDUCATIONAL BREAKOUT SESSIONS (EACH OF 45-55 MINUTES IN DURATION) AND 3 LOCAL OR CAMPUS TOURS OF AREAS OF INTEREST TO RETIREES. ATTENDANCE RANGES FROM 305 TO 350 AND THE NEWSLETTER THEN PROVIDES A SUMMARY OF ALL THE SESSIONS TO >2500 MEMBER RETIREES.
THE CULTURAL ARTS COMMITTEE PROVIDES ALL THE CULTURAL ARTS ACTIVITY AVAILABLE IN COLUMBUS AND THE SURROUNDING AREA, OBTAINS SENIOR DISCOUNTS FOR MANY OF THESE, AND WHEN NEEDED, ARRANGES TRANSPORTATION. OVER 400 MEMBERS PARTICIPATE IN THESE EVENTS. THE ORGANIZATION ORGANIZES OVER 50 SUCH EVENTS ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerome Dare President | OfficerTrustee | 12 | $0 |
Gemma B Mcluckie Vice President/president Elect | OfficerTrustee | 8 | $0 |
Michele Hobbs Secretary | OfficerTrustee | 2 | $0 |
Edward Schlechty Treasurer | OfficerTrustee | 6 | $0 |
Margaret Teaford Immediate Past President | OfficerTrustee | 3 | $0 |
Shirley M Flowers Member At Large | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $19,720 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,220 |
| Total Program Service Revenue | $29,463 |
| Investment income | $180 |
| 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 | $50,863 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,339 |
| Advertising and promotion | $2,463 |
| Office expenses | $19,285 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $908 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,148 |
| All other expenses | $1,326 |
| Total functional expenses | $37,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,367 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,750 |
| 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 | $1,303 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $453,661 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $524,081 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $13,500 |
| 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 | $13,500 |
| Net assets without donor restrictions | $493,438 |
| Net assets with donor restrictions | $17,143 |
| 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 | $524,081 |
Endowment Analysis
| Beg. Balance | $420,136 |
| Net Contributions | $33,525 |
| Ending Balance | $453,661 |
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