Association Of Retirement Organizations In Higher Education
- Assets
- $76.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Los Angeles, CA
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 91-2157286
Organization Overview
Association Of Retirement Organizations In Higher Education is located in Los Angeles, CA. The organization was established in 2003. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Association Of Retirement Organizations In Higher Education 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 12/2022, Association Of Retirement Organizations In Higher Education generated $45.3k 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 (10.4%) each year. All expenses for the organization totaled $64.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AROHE FOSTERS THE DEVELOPMENT AND SHARING OF IDEAS TO ASSIST MEMBER ORGANIZATIONS IN ACHIEVING THEIR PURPOSES AND GOALS. THE ASSOCIATION PROVIDES AN ORGANIZATIONAL BASE TO CONNECT WITH NATIONAL AND INTERNATIONAL EDUCATION COMMUNITIES, (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ASSOCIATION OF RETIREMENT ORGANIZATIONS IN HIGHER EDUCATION (AROHE)IS:A) TO PROMOTE A CULTURE IN HIGHER EDUCATION THAT RECOGNIZES, ENCOURAGES, AND VALUES RETIREESCONTINUING COMMITMENT AND CONTRIBUTIONS TO ALL ASPECTS OF CAMPUS AND COMMUNITY LIFEB) TO CREATE AWARENESS AMONG COLLEGES AND UNIVERSITIES AND IN THE GENERAL PUBLIC ABOUT THE POTENTIAL CONTRIBUTIONS OF RETIREES IN HIGHER EDUCATION;C) TO ASSIST AND ENCOURAGE ACADEMIC INSTITUTIONS TO ESTABLISH AND CONSISTENTLY IMPROVE CAMPUS- BASED RETIREE ORGANIZATIONS AND SERVICES;
D) TO ASSIST AND ENCOURAGE REGIONAL AND NATIONAL NETWORKING AMONG CAMPUS-BASED RETIREE ORGANIZATIONS;E) TO DISSEMINATE INFORMATION, RESOURCES AND RESEARCH ON SUCCESSFUL PRACTICES IN RETIREE ORGANIZATIONS;F) TO WORK WITH OTHER NATIONAL AND INTERNATIONAL ORGANIZATIONS THAT ARE DEVOTED TO RETIREES IN GENERAL AND IN HIGHER EDUCATION IN PARTICULAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Verdini President | 10 | $0 | |
Caroline Kane Treasurer | 4 | $0 | |
Roger Baldwin President-Elect | 4 | $0 | |
Susan Kress Secretary | 4 | $0 | |
Trudy Fernandez Past President | 2 | $0 | |
Gray Crouse Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,813 |
| Total Program Service Revenue | $3,495 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,308 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,608 |
| Professional fees and other payments to independent contractors | $1,885 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,176 |
| Total expenses | $64,669 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,750 |
| Other assets | $0 |
| Total assets | $76,750 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,750 |