← GEORGIA STATE UNIVERSITY ALUMNI ASSOCIATION INC

Form 990 for tax year 2023

Filed by GEORGIA STATE UNIVERSITY ALUMNI ASSOCIATION INC.

Totals

Total revenue: $471,723
Total expenses: $484,140
Contributions and grants received: $150,128
Grants paid: $62,396
Program service revenue: $77,271
Investment income: $90,380
Other revenue: $153,944
Total assets, end of year: $2,768,388
Total liabilities, end of year: $30,306
Net assets or fund balances, end of year: $2,738,082
Program services expenses (Part IX): $385,644
Management and general expenses: $98,496
Fundraising expenses: $0
Program service expenses (Part III): $385,644

Program services were 79.7% 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

$27,330
1e · Government grants (contributions)

$21,160
1f · All other contributions, gifts and grants

$101,638
2a · Program service revenue: PROGRAMS AND EVENTS

total $61,771 · related or exempt $61,771
2b · Program service revenue: ADVERTISING

total $15,500 · unrelated business $15,500
3 · Investment income

total $73,170 · excluded $73,170
5 · Royalties

total $153,944 · excluded $153,944
7a · Gross sales of assets other than inventory

securities $178,033
7b · Less cost or other basis and sales expenses

securities $160,823
7c · Gain or loss

securities $17,210
7d · Net gain or loss

total $17,210 · excluded $17,210

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $62,396 · program services $62,396
11c · Fees: accounting

total $17,353 · management and general $17,353
11f · Fees: investment management

total $23,544 · management and general $23,544
11g · Fees: other

total $2,015 · program services $2,015
12 · Advertising and promotion

total $30,904 · program services $30,904
13 · Office expenses

total $20,308 · management and general $20,308
14 · Information technology

total $60 · program services $60
17 · Travel

total $12,405 · management and general $12,405
19 · Conferences, conventions and meetings

total $279,205 · program services $259,082 · management and general $20,123
22 · Depreciation, depletion and amortization

total $277 · management and general $277
23 · Insurance

total $2,862 · management and general $2,862
24a · Other expenses: EQUIPMENT RENTAL

total $31,187 · program services $31,187
24b · Other expenses: DUES & SUBSCRIPTIONS

total $1,624 · management and general $1,624

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $96,019 · end of year $7,436
2 · Savings and temporary cash investments

beginning of year $369,571 · end of year $380,934
4 · Accounts receivable

beginning of year $41,782 · end of year $66,969
9 · Prepaid expenses and deferred charges

beginning of year $13,133 · end of year $5,855
10a · Land, buildings and equipment: cost or other basis

$25,870
10b · Land, buildings and equipment: accumulated depreciation

$25,870
10c · Land, buildings and equipment, net

beginning of year $277 · end of year $0
11 · Investments: publicly traded securities

beginning of year $2,037,433 · end of year $2,278,621
15 · Other assets

beginning of year $27,776 · end of year $28,573
17 · Accounts payable and accrued expenses

beginning of year $16,732 · end of year $28,306
19 · Deferred revenue

end of year $2,000
27 · Net assets without donor restrictions

beginning of year $2,532,055 · end of year $2,700,908
28 · Net assets with donor restrictions

beginning of year $37,204 · end of year $37,174

Mission and programs · 2023

Mission

TO ENGAGE AND ENRICH THE LIVES OF ALUMNI AND STUDENTS THROUGH LIFELONG RELATIONSHIPS WITH GEORGIA STATE UNIVERSITY.

GSU CARES: CITY-WIDE DAY OF SERVICE DURING WHICH ALUMNI, STUDENTS AND FRIENDS OF GEORGIA STATE GATHER TO GIVE BACK TO OUR COMMUNITIES AT 10+ SERVICE PROJECTS.GRAD FAIR: STUDENTS CYCLE THROUGH FROM TABLE TO TABLE COLLECTING CAP AND GOWN, ORDERING CLASS RING, TAKING GRAD PHOTOS, AND SO ON. THIS IS THE ALUMNI ASSOCIATION'S BIGGEST OPPORTUNITY TO COLLECT UPDATED CONTACT INFO FROM GRADUATING SENIORS.STUDENTS CYCLE THROUGH FROM TABLE TO TABLE COLLECTING CAP AND GOWN, ORDERING CLASS RING, TAKING GRAD PHOTOS, AND SO ON. THIS IS THE ALUMNI ASSOCIATION'S BIGGEST OPPORTUNITY TO COLLECT UPDATED CONTACT INFO FROM GRADUATING SENIORS.ALUMNI RELATIONS - INCLUDES MEETINGS, BANQUETS, CERTIFICATES, MEMENTOS, TRAVEL AND OTHER ACTIVITIES WITH FELLOW ALUMNI.STUDENT ENTREPRENEURSHIP - THIS EVENT WAS LEAD BY GSU ALUMNI AND QOINS CEO, CHRISTIAN ZIMMERMAN. HE TALKED TO STUDENTS ABOUT ENTREPRENEURSHIP AND CREATING AN APP.APPROVED! TIPS FOR FUNDING YOUR SMALL BUSINESS - LED BY OUR PARTNERS AT REGIONS BANK. THIS VIRTUAL EVENT FOCUSED ON STUDENT ENTREPRENEURSHIP AND HOW TO GET FUNDING YOU'RE A BUSINESS.CREATING YOUR OWN INTERNSHIP CAREER COACH, BRETT ELLIS, WAS BROUGHT IN TO HOST THIS VIRTUAL PROGRAM ABOUT CREATING YOUR OWN INTERNSHIP EXPERIENCE WHEN OPPORTUNITIES ARE UNAVAILABLE.YAC LUNCH WITH THE BOARD: VIRTUAL SERIES FOR WITH THE YOUNG ALUMNI COUNCIL AND THE ALUMNI BOARD TO NETWORK AND CREATE MENTOR RELATIONSHIPS COFFEE CONVERSATIONS (VIRTUAL SERIES) ALUMNI AND FACULTY EXPERTS SHARE THEIR EXPERIENCES AND INSIGHTS ON A BROAD RANGE OF TOPICSCARING FOR A LOVED ONE WITH DEMENTIA (VIRTUAL SERIES) ALUMNI GERONTOLOGY EXPERT CAROL JACOBS PRESENTS HELPFUL TIPS AND INFORMATION ABOUT BECOMING A CAREGIVEREMERITI CAMPUS TOUR-OPPORTUNITY TO FURTHER ENGAGEMENT WITH THE ALUMNI ASSOCIATION AND ITS MISSION TO GROW ADVOCACY EFFORTS, EXPAND SCHOLARSHIPS, AND DEVELOP COMMUNITY RELATIONSHIPSTHE HOMECOMING SOCIAL: REMINISCE, RECONNECT AND CELEBRATE HOMECOMING 2023 (CONNECTION AND RELATIONSHIP BUILDING) YOUNG ALUMNI SUMMIT-CREATE AND INCREASE CONNECTION BY SHARING STORIES AND THOUGHTS FEATURING PAST AND PRESENT 40 UNDER 40 HONOREES.ANNUAL DINNER WITH STUDENTS AND REPRESENTATIVES FROM THE ALUMNI BOARD OF DIRECTORS (FALL) AND YOUNG ALUMNI COUNCIL (SPRING) THAT OFFERS NETWORKING OPPORTUNITIES AND PANEL DISCUSSION BASED ON THEMES OF CAREER READINESS AND PROFESSIONALISM.DATING BACK TO 1963, THE DISTINGUISHED ALUMNI AWARDS IS THE ALUMNI ASSOCIATION'S TOP HONOR AND CELEBRATES THE PROFESSIONAL, PHILANTHROPIC, AND PERSONAL ACHIEVEMENTS OF ALUMNI WHO PERSONIFY TRUE LEADERSHIP. THIS YEAR WAS THE 60TH ANNUAL DISTINGUISHED ALUMNI AWARDS DINNER.LUNCH & LEARN: TEAM MEMBERS FROM LARGE COMPANIES VISIT CAMPUS TO SPEAK TO STUDENTS ON A WIDE RANGE OF PROFESSIONAL DEVELOPMENT AND CAREER READINESS TOPICS.PHILANTHROPY FAIR: INTERNAL AND EXTERNAL PARTNERS JOIN SAA TO EDUCATE STUDENTS ON WAYS TO GIVE BACK AS WELL AS RESOURCES AVAILABLE TO STUDENTS IN NEED. TABLING EVENT WITH DJ, FOOD AND GAMES HOSTED IN UNITY PLAZA.REGIONAL EVENT: NETWORKING, SOCIAL OR EDUCATIONAL EVENTS HOSTED IN CITIES WITH LARGE POCKETS OF ALUMNI. CURRENT REGIONAL LOCATIONS ARE NYC AND DC.SENIOR BRUNCH & LEARN DESIGNED FOR ALUMNI 55+, THESE EVENTS OFFER A LOCAL GROUP OUTING AND LUNCH.SUIT UP: HOSTED IN PARTNERSHIP WITH JCPENNEY, STUDENTS ARE INVITED TO AN EXCLUSIVE SHOPPING EVENT WITH DEEPLY DISCOUNTED CAREER ATTIRE, PRIZES, AND DJ.TAILGATE: ANNUAL PRE-GAME EVENT THAT DRAWS 400+ ALUMNI AND GUESTS. THIS FAMILY-FRIENDLY EVENT INCLUDES KIDS ACTIVITIES, CATERED MEAL, OPEN BAR, CHEERLEADERS, POUNCE, FACEPAINTING, AND MORE.THIRD THURSDAYS: THESE MONTHLY NETWORKING HAPPY HOURS ARE HOSTED AT VENUES AROUND THE CITY WITH THE GOAL OF INSTILLING A CONTINUED SENSE OF SPIRIT AND EXCITEMENT AROUND BEING AN ALUM AND CULTIVATING A LIFELONG RELATIONSHIP WITH GSU. EVENTS ARE OFTEN HOSTED IN PARTNERSHIP WITH ONE OF THE COLLEGES OR CORPORATE PARTNERS AND ARE THUS CO-BRANDED AND CROSS PROMOTED;THRIFT SHOP: FREE THRIFTING EVENT FOR ALL STUDENTS HOSTED BY THE STUDENT ALUMNI ASSOCIATION. ALUMNI, FACULTY/STAFF AND STUDENTS DONATE THEIR GENTLY USED CLOTHING AND ACCESSORIES LEADING UP TO THE EVENT. EDUCATING STUDENTS ON THE IMPORTANT OF PAYING IT FORWARD AND GIVING BACK.YOUNG ALUMNI SUMMIT: AN INTIMATE COMMUNITY EXPERIENCE DESIGNED FORALUMS TO CONNECT WHILE HEARING STORIES AND THOUGHTS FROM GSU 40 UNDER 40 HONOREES.

Expenses $315,378 · Revenue $61,771
GRANTS/SCHOLARSHIPS - SUPPORTS VARIOUS CAUSES SUCH AS A LOAN MATCHING FUND FOR SCHOLARSHIPS, SUPPORT OF GSU MAGAZINE, AND SUPPORT OF THE PRESIDENT OF THE UNIVERSITY ON SPECIFIC CAUSES.

Expenses $70,266 · Grants $62,396
PUBLIC RELATIONS - STUDENT RELATED MEETINGS, BOARD COMMITTEE MEETINGS, UNIVERSITY RELATED MEETING, AND PRODUCTION AND DISTRIBUTION OF ALUMNI MAGAZINE TO STUDENTS AND ALUMNI.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

RANDALL KENT

CHAIR

Total calculated

$0

Hours/week

1
JAMES DYKHOUSE

SECRETARY-TREASURER

Total calculated

$0

Hours/week

1
SUMAN GERA

DIRECTOR

Total calculated

$0

Hours/week

0.5
LATONYA BROWN

DIRECTOR

Total calculated

$0

Hours/week

0.5
ALISHA HILL

DIRECTOR

Total calculated

$0

Hours/week

0.5
ALAN KAUFFMANN

DIRECTOR

Total calculated

$0

Hours/week

0.5
ANDY KEARNEY

DIRECTOR

Total calculated

$0

Hours/week

0.5
SHERRILL MOSS

DIRECTOR

Total calculated

$0

Hours/week

0.5
MARCIA OGLESBY

DIRECTOR

Total calculated

$0

Hours/week

0.5
CHINWE OKORONKWO GAINES

DIRECTOR

Total calculated

$0

Hours/week

0.5
GEORGE PEREZ

DIRECTOR

Total calculated

$0

Hours/week

0.5
FRANK STRICKLAND

DIRECTOR

Total calculated

$0

Hours/week

0.5
BRYANT SPRINGER

DIRECTOR

Total calculated

$0

Hours/week

0.5
SEANIE ZAPPERNDORF

DIRECTOR

Total calculated

$0

Hours/week

0.5
DENISE KENNEDY

DIRECTOR

Total calculated

$0

Hours/week

0.5
JOEL THIBODEAUX

DIRECTOR

Total calculated

$0

Hours/week

0.5
CATHY SCARVER

DIRECTOR

Total calculated

$0

Hours/week

0.5
W IMARA CANADY

DIRECTOR

Total calculated

$0

Hours/week

0.5
CHRISTINA MILLION

EXECUTIVE DIRECTOR

Total calculated

$32,868

From this org

$32,868

From related orgs

$0

Other

$0

Hours/week

8

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.

Schedule J

Answered yes

None.

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990 PART VII: COMPENSATION OF OFFICERS AND HIGHLY-COMPENSATED GEORGIA STATE UNIVERSITY ALUMNI ASSOCIATION, INC. HAS NO EMPLOYEES. COMPENSATION, LISTED IN PART VII, FOR OFFICERS, IS FROM AN UNRELATED ORGANIZATION (GEORGIA STATE UNIVERSITY) FOR SERVICES RENDERED TO GEORGIA STATE UNIVERSITY ALUMNI ASSOCIATION, INC. CHRISTINA MILLION, EXECUTIVE DIRECTOR, SPENT APPROXIMATELY 20% OF TIME ON GSU ALUMNI ASSOCIATION ACTIVITES AND RECEIVED COMPENSATION TOTALING $32,868 FROM GEORGIA STATE UNIVERSITY FOR SERVICES PROVIDED TO GEORGIA STATE UNIVERSITY ALUMNI ASSOCIATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

GEORGIA STATE UNIVERSITY FOUNDATION

$62,396

SCHOLARSHIPS

Provenance

Return type: form_990
Tax year: 2023
Filed: 19 March 2025
IRS schema version: 2023v6.0
Source object: 202520809349300147

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.