Form 990 for tax year 2022
Filed by UNIVERSITY OF SOUTHERN MISSISSIPPI ALUMNI ASSOCIATION.
Totals
- Total revenue
- $405,924
- Total expenses
- $562,338
- Contributions and grants received
- $210,128
- Grants paid
- $70,223
- Program service revenue
- $0
- Investment income
- $107,326
- Other revenue
- $88,470
- Total assets, end of year
- $2,370,597
- Total liabilities, end of year
- $294,143
- Net assets or fund balances, end of year
- $2,076,454
- Program services expenses (Part IX)
- $378,550
- Management and general expenses
- $93,374
- Fundraising expenses
- $90,414
- Program service expenses (Part III)
- $378,550
Program services were 67.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$186,446
-
1f · All other contributions, gifts and grants
$23,682
-
3 · Investment income
total $98,826 · related or exempt $98,826
-
5 · Royalties
total $23,314 · related or exempt $23,314
-
6a · Gross rents
real property $25,771
-
6c · Rental income or loss
real property $25,771
-
6d · Net rental income or loss
total $25,771 · excluded $25,771
-
7a · Gross sales of assets other than inventory
other assets $8,500
-
7c · Gain or loss
other assets $8,500
-
7d · Net gain or loss
total $8,500 · related or exempt $8,500
-
8a · Fundraising events: gross income
$94,430
-
8b · Fundraising events: direct expenses
$112,327
-
8c · Net income from fundraising events
total -$17,897
-
11a · Other revenue: PERIODICALS
total $57,282 · related or exempt $17,404 · unrelated business $39,878
-
11e · Other revenue, total
$57,282
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $70,223 · program services $70,223
-
11c · Fees: accounting
total $10,725 · management and general $10,725
-
11f · Fees: investment management
total $15,491 · program services $15,491
-
12 · Advertising and promotion
total $5,958 · program services $1,500 · fundraising $4,458
-
13 · Office expenses
total $10,116 · program services $8,194 · management and general $1,922
-
19 · Conferences, conventions and meetings
total $4,655 · management and general $4,655
-
22 · Depreciation, depletion and amortization
total $3,113 · program services $1,363 · management and general $1,750
-
23 · Insurance
total $19,313 · management and general $19,313
-
24a · Other expenses: PRINTING
total $102,608 · program services $85,165 · fundraising $17,443
-
24b · Other expenses: MEMBERSHIP PROMOTION
total $54,991 · fundraising $54,991
-
24c · Other expenses: PROGRAM ACTIVITIES
total $54,180 · program services $54,180
-
24d · Other expenses: CHAPTER EXPENSES
total $40,530 · program services $40,530
-
24e · All other expenses
total $170,435 · program services $101,904 · management and general $55,009 · fundraising $13,522
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $65,824 · end of year $94,415
-
8 · Inventories for sale or use
beginning of year $18,730 · end of year $14,842
-
9 · Prepaid expenses and deferred charges
beginning of year $3,404 · end of year $3,507
-
10a · Land, buildings and equipment: cost or other basis
$43,433
-
10b · Land, buildings and equipment: accumulated depreciation
$35,252
-
10c · Land, buildings and equipment, net
beginning of year $1,750 · end of year $8,181
-
11 · Investments: publicly traded securities
beginning of year $2,115,314 · end of year $2,103,268
-
15 · Other assets
end of year $146,384
-
17 · Accounts payable and accrued expenses
beginning of year $3,050 · end of year $14,269
-
19 · Deferred revenue
beginning of year $124,286 · end of year $267,109
-
25 · Other liabilities
end of year $12,765
-
27 · Net assets without donor restrictions
beginning of year $2,077,686 · end of year $2,076,454
Mission and programs · 2022
Mission
THE MISSION OF THE ALUMNI ASSOCIATION IS TO BENEFIT THE UNIVERSITY OF SOUTHERN MISSISSIPPI, ITS STUDENTS, AND ALUMNI THROUGH UPHOLDING TRADITIONS, SPONSORING ACTIVITIES, EVENTS, AND PUBLICATIONS.
-
THE ALUMNI ASSOCIATION PRODUCES A QUARTERLY MAGAZINE EACH YEAR. THE MAGAZINE IS MAILED TO ALL PAID MEMBERS OF THE ALUMNI ASSOCIATION AND A FEW OTHERS. THE ASSOCIATION ALSO PRODUCES NUMEROUS OTHER PROGRAMS AND FLIERS FOR VARIOUS EVENTS, SOLICITATION PIECES, AND AN ANNUAL REPORT THAT ARE DISTRIBUTED TO VARIOUS GROUPS.
Expenses $120,156
-
THE ALUMNI ASSOCIATION HAS A NUMBER OF DONATIONS AND SPONSORSHIPS. THE ASSOCIATION SENDS MONEY TO THE USM FOUNDATION TO SUPPORT THE PARTNERS FOR THE ARTS, FRIENDS FOR GIFTED EDUCATION, DUBARD SCHOOL, SYMPHONY ORCHESTRA, LIBRARY FUND, AND VARIOUS OTHER INITIATIVES. THE ASSOCIATION SENDS MONEY TO THE UNVERSITY OF SOUTHERN MISSISSIPPI ATHLETIC FOUNDATION TO SUPPORT THE DUGOUT CLUB, WINGS, AND VARIOUS OTHER INITIATIVES.
Expenses $42,918 · Grants $19,500
-
THE USM ALUMNI ASSOCIATION CONTRIBUTED FUNDS TO THE UNIVERSITY OF SOUTHERN MISSISSIPPI TO SUPPLEMENT THE UNIVERSITY SALARIES.
Expenses $50,723 · Grants $50,723
-
OTHER ACTIVITIES FOR THE BENEFIT OF THE UNIVERSITY OF SOUTHERN MISSISSIPPI, ITS STUDENTS, AND ALUMNI
Expenses $164,753
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Alvin WilliamsDR ALVIN WILLIAMS
PRESEIDENT
- Total calculated
- $0
-
Troy JohnstonTROY JOHNSTON
PRESIDENT-EL
- Total calculated
- $0
-
Hon Missy McGeeHON MISSY MCGEE
VICE PRESIDE
- Total calculated
- $0
-
Christy MyersCHRISTY MYERS
PAST PRESIDE
- Total calculated
- $0
-
Jaclyn BaylisJACLYN BAYLIS
FINANCE COMM
- Total calculated
- $0
-
Jerry DefattaJERRY DEFATTA
EXECUTIVE DI
- Total calculated
- $0
-
Rudy BraceyRUDY BRACEY
BOARD MEMBER
- Total calculated
- $0
-
Linda Boutwell-GriffithLINDA BOUTWELL-GRIFFITH
BAORD MEMBER
- Total calculated
- $0
-
Latoya HartLATOYA HART
BOARD MEMBER
- Total calculated
- $0
-
Ryan MahoneyRYAN MAHONEY
BOARD MEMBER
- Total calculated
- $0
-
Samantha McCainSAMANTHA MCCAIN
BOARD MEMBER
- Total calculated
- $0
-
Joy YatesJOY YATES
BOARD MEMBER
- Total calculated
- $0
-
Joe TrahanJOE TRAHAN
BOARD MEMBER
- Total calculated
- $0
-
Dave EstorgeDAVE ESTORGE
BOARD MEMBER
- Total calculated
- $0
-
Jeff CookJEFF COOK
BOARD MEMBER
- Total calculated
- $0
-
Charles ArinderCHARLES ARINDER
BOARD MEMBER
- Total calculated
- $0
-
Eric HookERIC HOOK
BOARD MEMBER
- Total calculated
- $0
-
Neely Carlton LyonsNEELY CARLTON LYONS
BOARD MEMBER
- Total calculated
- $0
-
Krsiten MooreKRSITEN MOORE
BOARD MEMBER
- Total calculated
- $0
-
Rashemia StampsRASHEMIA STAMPS
BOARD MEMBER
- Total calculated
- $0
-
Madison BurrisMADISON BURRIS
BOARD MEMBER
- Total calculated
- $0
-
Dr Lynn HaganDR LYNN HAGAN
BOARD MEMBER
- Total calculated
- $0
-
Ryan MouledousRYAN MOULEDOUS
BOARD MEMBER
- Total calculated
- $0
-
Deanna RussellDEANNA RUSSELL
BOARD MEMBER
- Total calculated
- $0
-
Cece ShabazzCECE SHABAZZ
BOARD MEMBER
- Total calculated
- $0
-
Gavin SnyderGAVIN SNYDER
BOARD MEMBER
- Total calculated
- $0
-
Jarvis WilbertJARVIS WILBERT
BOARD MEMBER
- Total calculated
- $0
-
Dr Joe PaulDR JOE PAUL
EX-OFFICIO
- Total calculated
- $0
-
Stace MercierSTACE MERCIER
EX-OFFICIO
- Total calculated
- $0
-
Kelsey RushingKELSEY RUSHING
EX-OFFICIO
- Total calculated
- $0
-
Chad DriskellCHAD DRISKELL
EX-OFFICIO
- Total calculated
- $0
-
Abb PayneABB PAYNE
EX-OFFICIO
- Total calculated
- $0
-
Jeremy McClainJEREMY MCCLAIN
EX-OFFICIO
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
UNIVERSITY OF SOUTHERN MISSISSIPPI
$50,723
SALARY SUPLEMENT
-
UNIV OF SOUTH MS ATHELTIC FOUND
$19,500
ATHLETIC SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C3 · SUPPORT · MS
-
501C3 · SUPPORT · MS
-
UNIVERSITY OF SOUTHERN MISSISSIPPI
501C3 · PUBLIC UNI · MS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332729349300733
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