San Jose State University Alumni Assoc
- Assets
- $1.5m
- Revenue
- $316.9k
- Investments
- $0.0
- Employees
- 1
- Location
- San Jose, CA
- Founding
- 01/1969
- Data as of
- 06/2021
- EIN
- 94-1166423
Organization Overview
San Jose State University Alumni Assoc is located in San Jose, CA. The organization was established in 1969. 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. San Jose State University Alumni Assoc 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, San Jose State University Alumni Assoc generated $316.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $214.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 6 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
PROMOTE THE COMMON INTERESTS OF SAN JOSE STATE UNIVERSITY ALUMNI AND FRIENDS; PROMOTE THE WELFARE OF ALUMNI, PRESENT STUDENTS OF SAN JOSE STATE UNIVERSITY, AND FRIENDS OF THE UNIVERSITY; PROMOTE EXCELLENCE IN THE UNIVERSITY'S EDUCATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER PROGRAMS AND ACTIVITIES - THE ASSOCIATION ENGAGES THE UNIVERSITY'S ALUMNI THROUGH MEMBER-SUPPORTED PROGRAMS AND ACTIVITIES. THE ALUMNI ASSOCIATION SEEKS TO GROW PRIDE AND LOYALTY AMONG ITS CONSTITUENTS THROUGH THESE ACTIVITIES. THROUGH A MORE CONNECTED ALUMNI BASE, INCREASED MEMBERSHIP AND GREAT AFFINITY, THE ALUMNI ASSOCIATION IS ABLE TO PROVIDE ADDITIONAL PROGRAMMING AND SERVE AS A STRONGER ADVOCATE FOR THE UNIVERSITY AND ITS ALUMNI.
SCHOLARSHIPS - SINCE 1975, THE ALUMNI ASSOCIATION HAS AWARDED SCHOLARSHIPS TO STUDENTS WHO EXCEL IN THEIR ACADEMIC STUDIES; ACTIVELY PARTICIPATE IN THE BETTERMENT OF THEIR COMMUNITIES THROUGH VOLUNTEER WORK AND IN SOME CASES DEMONSTRATE FINANCIAL NEED. THESE AWARDS REPRESENT THE ALUMNI ASSOCIATION-BASED SCHOLARSHIP PROGRAM IN THEIR CSU SYSTEM.
MEDIA - THE ALUMNI ASSOCIATION COMMUNICATES WITH ITS KEY CONSTITUENCIES THROUGH A COMPREHENSIVE RANGE OF MEDIA INCLUDING PRINT, WEB, SOCIAL MEDIA AND E-MAIL. MORE THAN 90,000 ALUMNI ARE ENGAGED THROUGH THE ONLINE CHANNELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wanda Hendrix President | OfficerTrustee | 2 | $0 |
Brian Bates Executive Director/secretary | OfficerTrustee | 40 | $0 |
Diana Hunter Treasurer | OfficerTrustee | 2 | $0 |
Chrissy Chang President-Elect | OfficerTrustee | 2 | $0 |
Harriett Arnold Director | Trustee | 2 | $0 |
Carolyn Lewis Director | Trustee | 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 | $81,577 |
| Noncash contributions included in lines 1a–1f | $560 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,577 |
| Total Program Service Revenue | $94,890 |
| Investment income | $20,820 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $117,500 |
| 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 | $316,929 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $66,750 |
| 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 | $57,946 |
| Pension plan accruals and contributions | $2,791 |
| Other employee benefits | $3,131 |
| Payroll taxes | $4,268 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $694 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $819 |
| Advertising and promotion | $43,413 |
| Office expenses | $18,413 |
| Information technology | $108 |
| 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 | $553 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,716 |
| Total functional expenses | $214,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,284 |
| Savings and temporary cash investments | $284,711 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $664 |
| 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 | $1,175,671 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,534,330 |
| Accounts payable and accrued expenses | $7,404 |
| 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 | $7,404 |
| Net assets without donor restrictions | $1,361,938 |
| Net assets with donor restrictions | $164,988 |
| 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 | $1,534,330 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that San Jose State University Alumni Assoc has recieved totaling $27,125.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $24,494 |
College Futures Foundation Oakland, CA PURPOSE: DIRECTORS DONATION | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $81 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $50 |
Endowment Analysis
| Beg. Balance | $1,224,018 |
| Earnings | $172,537 |
| Admin Expense | $8,534 |
| Net Contributions | $106,192 |
| Other Expense | $1,955 |
| Grants | $67,350 |
| Ending Balance | $1,424,908 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Alumni Association Berkeley, CA | $38,249,351 | $14,037,142 |
Weimar Institute Weimar, CA | $18,297,667 | $10,612,549 |
Oregon State University Alumni Association Inc O S U Corvallis, OR | $18,895,220 | $6,031,432 |
University Of Arizona Alumni Association Tucson, AZ | $10,483,265 | $3,295,631 |
Ucla Alumni Association Los Angeles, CA | $18,983,733 | $2,720,692 |
Alumni Association School Of Medicine Loma Linda University Loma Linda, CA | $21,070,782 | $4,635,468 |
Arizona State University Alumni Association Tempe, AZ | $23,640,025 | $1,664,234 |
Portland State University Alumni Association Portland, OR | $0 | $742,849 |
California Aggie Alumni Association Davis, CA | $7,429,243 | $1,694,563 |
Academy Services Corporation Tucson, AZ | $5,843,114 | $1,767,337 |
Alumni Association Of The University Of Oregon Eugene, OR | $21,027,924 | $2,555,814 |
Uci Alumni Association Irvine, CA | $15,784,967 | $1,191,682 |