EIN 25-1554003

Penn State Alumni Association / Parent Organization

Name: Penn State Alumni Association / Parent Organization financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(3)

Num. employees

City

University Park

State

Pennsylvania

Year formed

1924

Most recent tax filings

2023-06-01

NTEE code, primary

B84: Alumni Associations

Description

Penn State Alumni Association / Parent Organization connects alumni to the university and to each other, provides valued services to members, and supports the university's mission of teaching, research, and service. They recruit academically qualified students, offer student mentoring programs, and design other programs to involve students with the university upon graduation. They provide print and electronic publications as well as host special events to keep alumni informed and involved with the university.

Related structure

Penn State Alumni Association / Parent Organization is a parent organization to a group of 145 other organizations.

Also known as...

Parent Organization

Total revenues

$8,294,575

2023

Total expenses

$7,351,026

2023

Total assets

$90,749,331

2023

Num. employees

2023

Program areas at Penn State Alumni Association / Parent Organization

Provide support for academic and other programs of the Pennsylvania State university.

Operation of a nationwide network of Alumni chapters, constituent societies and other groups.

Print and electronic publications and other special events to keep Alumni informed and involved with the university.

Recruitment of academically qualified students, student mentoring programs, and other programs designed to involve students with the university upon graduation.

Personnel at Penn State Alumni Association / Parent Organization

Name	Title	Compensation	Date of data
Paul Clifford	Chief Executive Officer	$247,830	2023-12-20
Ferretti, Doreen	Chief Financial Officer		2023-12-20
Catalano, Lauri	Executive Director, Donor and Member Services		2023-12-20
King, Elizabeth	Executive Director, Resource Development	$106,352	2023-12-20
Leonard, Cathy	Executive Director, Marketing and Operations		2023-12-20
...and 9 more key personnel

Financials for Penn State Alumni Association / Parent Organization

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$333,944	$373,850	-10.7%
Program services	$2,255,000	$2,005,798	12.4%
Investment income and dividends	$3,028,022	$4,412,179	-31.4%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$2,598,236	$2,624,139	-1%
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-81,240	$9,860,568	-100.8%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$9,326	$48,034	-80.6%
Miscellaneous revenues	$151,287	$89,586	68.9%
Total revenues	$8,294,575	$19,414,154	-57.3%

Form 990s for Penn State Alumni Association / Parent Organization

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-04-22	990	View PDF
2022-06	2023-05-12	990	View PDF
2021-06	2022-05-12	990	View PDF
2020-06	2021-05-26	990	View PDF
2019-06	2021-01-28	990	View PDF
...and 9 more Form 990s

Organizations like Penn State Alumni Association / Parent Organization

Organization	Type	Location	Revenue
Alumni Association of the University of Michigan	501(c)(3)	Ann Arbor, MI	$18,254,145
California Alumni Association	501(c)(3)	Berkeley, CA	$13,210,378
University of Missouri Alumni Association	501(c)(3)	Columbia, MO	$2,502,376
University of South Florida Alumni Association	501(c)(3)	Tampa, FL	$2,612,452
Unc General Alumni Association	501(c)(3)	Chapel Hill, NC	$8,958,303
Iowa State University Alumni Association (ISUAA)	501(c)(3)	Ames, IA	$3,613,244
California State University Fresno Alumni Association Incorporated	501(c)(3)	Fresno, CA	$2,181,237
Oklahoma State University Alumni Association	501(c)(3)	Stillwater, OK	$5,567,051
West Virginia University Alumni Association	501(c)(3)	Morgantown, WV	$6,021,994
Nebraska Alumni Association	501(c)(3)	Lincoln, NE	$3,266,123

Data update history

May 18, 2024

Used new vendors

Identified 2 new vendors, including , and

December 20, 2023

Updated personnel

Identified 10 new personnel

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 3, 2023

Posted financials

Added Form 990 for fiscal year 2022

June 25, 2023

Used new vendors

Identified 1 new vendor, including

Nonprofit Types

Civic / social organizationsSchoolsHeadquarter / parent organizationsCharities

Issues

Education

Characteristics

MembershipsReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employees

General information

Address: Hintz Alumni Ctr; University Park, PA 16802
Metro area: State College, PA
County: Centre County, PA
Phone: (814) 863-2809

IRS details

EIN: 25-1554003
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1924
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B84: Alumni Associations
NAICS code, primary: 813410: Civic and Social Organizations
Parent/child status: Parent of group exemption

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Penn State Alumni Association / Parent Organization

Program areas at Penn State Alumni Association / Parent Organization

Personnel at Penn State Alumni Association / Parent Organization

Financials for Penn State Alumni Association / Parent Organization

Form 990s for Penn State Alumni Association / Parent Organization

Organizations like Penn State Alumni Association / Parent Organization

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