Save The Oldest Hbcu Institute Inc
- Assets
- $3.0k
- Revenue
- $7.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 87-4255423
Organization Overview
Save The Oldest Hbcu Institute Inc is located in Washington, DC. 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. Save The Oldest Hbcu Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT SUPPORT - HELP DRAFT REVIEW AND OVER 89 DOCUMENTS REQUIRING 1,168 HOURS OF SATOHI TIME AND PUBLISHED OVER 189 DOCUMENTS TO STATE AND FEDERAL OFFICIALS TO IMPROVE CONDITIONS OF CHEYNEY UNIVERSITY.
UTILIZED EXTENSIVE RESOURCE AND TIME TO ESTABLISH SATOHI A NON PROFIT ORGANIZATION INCLUDING SETUP OF A FINANCIAL SYSTEM BYLAWS ARTICLE OF INCORPORATION AND MORE. SINCE THIS IS OUR FIRST YEAR OF OPERATIONS AND ALL WORK WAS DONE FREE OF CHARGE BY VOLUNTEERS OUR PAID COST FOR ADMINISTRATION APPEARS TO BE A HIGH PERCENTAGE OF OUR WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Delbert Gibson Vice Chairman | 14 | $0 | |
Steven P Andrson Chairman & CEO | 29 | $0 | |
Allen Hurst Director | 14 | $0 | |
Andrew Johnson Director | 14 | $0 | |
Wilson Lambert Director | 14 | $0 | |
Clinton Walden Director | 14 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,953 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,953 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $234 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $154 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,702 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,937 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,016 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,016 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Maryland Alumni Association Inc College Park, MD | $12,691,064 | $3,266,987 |
Medical College Of Va Alumni Assoc Of Virginia Commonwealth Univ Richmond, VA | $0 | $190,238 |
Virginia Commonwealth Universi ALUMNI Richmond, VA | $0 | $210,514 |
V M I Alumni Association Lexington, VA | $3,901,860 | $1,387,698 |
The William & Mary Alumni Association Williamsburg, VA | $17,614,016 | $1,967,274 |
Medical Alumni Association Of The University Of Maryland Inc Baltimore, MD | $3,956,640 | $1,660,288 |
The Alumni Corporation Of Alpha Omicron Delta Of Chi Psi Lexington, VA | $3,674,754 | $708,098 |
Howard University Medical Alumni Association Inc Silver Spring, MD | $6,250,169 | $644,575 |
German Club Alumni Foundation Incorporated Blacksburg, VA | $7,821,066 | $515,106 |
Friends Of The Queens University Of Belfast Inc Washington, DC | $95,322 | $435,532 |
Georgetown University Alumni Association Inc Washington, DC | $7,257,524 | $765,719 |
Calvert Hall College Alumni Association Corporation Towson, MD | $8,493 | $126,541 |