University Of Alaska-Fairbanks Alumni Association
- Assets
- $1.1m
- Revenue
- $106.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairbanks, AK
- Founding
- 11/1986
- Data as of
- 06/2021
- EIN
- 92-0116506
Organization Overview
University Of Alaska-Fairbanks Alumni Association is located in Fairbanks, AK. The organization was established in 1986. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, 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. University Of Alaska-Fairbanks Alumni Association 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 06/2021, University Of Alaska-Fairbanks Alumni Association generated $106.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $139.9k during the year ending 06/2021. 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
THE ASSOCIATION FURTHERS ITS EXEMPT PURPOSE THROUGH VARIOUS SPECIAL EVENTS AND PROMOTIONAL ACTIVITIES SUCH AS ALUMNI MENTORS, ALUMNI RECRUITERS, JOB SHADOWING AND ALUMNI LEGISLATIVE ACTIVITIES. ALL ARE PROGRAMS TARGETED TOWARDS THE ACHEIVEMENT OF THE ASSOCIATIONS GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION FURTHERS ITS EXEMPT PURPOSE THROUGH VARIOUS SPECIAL EVENTS AND PROMOTIONAL ACTIVITIES SUCH AS ALUMNI MENTORS, ALUMNI RECRUITERS, JOB SHADOWING AND ALUMNI LEGISLATIVE ACTIVITIES. ALL ARE PROGRAMS TARGETED TOWARDS THE ACHIEVEMENT OF THE ASSOCIATION'S GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Brice Vice President | Officer | 2 | $0 |
Cindy Wright President/chair | Officer | 2 | $0 |
Thomas Farrugia Treasurer | Officer | 2 | $0 |
Mary Beth Loewen Secretary | Officer | 2 | $0 |
Forest Kuiper Boardmember | Officer | 2 | $0 |
Meredith Cameron Boardmember | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,811 |
| Investment income | $35,632 |
| 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 | $106,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $5,000 |
| 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 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 | $4,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,620 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $91 |
| Insurance | $1,003 |
| All other expenses | $0 |
| Total functional expenses | $139,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,073 |
| 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 |
| Investments—publicly traded securities | $925,626 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $690 |
| Total assets | $1,065,389 |
| 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 | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,065,389 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that University Of Alaska-Fairbanks Alumni Association has recieved totaling $205.
| Awarding Organization | Amount |
|---|---|
Jamf Nation Global Foundation Minneapolis, MN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $175 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alpha Theta Of Alpha Delta Pi Building Corporation Issaquah, WA | $1,708,164 | $973,302 |
Phi Gamma Delta Fraternity Seattle, WA | $350,095 | $1,140,459 |
Beta Theta Pi Fraternity Seattle, WA | $108,890 | $916,187 |
Alpha Delta Phi Foundation Kirkland, WA | $740,441 | $793,693 |
Gamma Phi Beta Sorority Inc Seattle, WA | $2,167,793 | $762,242 |
Beta Pi Association Of Kappa Kappa Gamma Seattle, WA | $2,399,306 | $897,218 |
Puget Sound Association Of Sigma Kappa Sorority Seattle, WA | $1,731,949 | $760,171 |
Pi Kappa Phi Fraternity Seattle, WA | $195,786 | $713,457 |
Sigma Chi Fraternity Seattle, WA | $50,937 | $716,404 |
Alpha Gamma Delta Fraternity Seattle, WA | $319,187 | $750,834 |
Alpha Gamma Delta Fraternity Pullman, WA | $460,974 | $722,907 |
Phi Delta Theta Fraternity Bellevue, WA | $43,274 | $572,315 |