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Nonprofiteer
← CCSU ALUMNI ASSOCIATION INC

Form 990 for tax year 2023

Filed by CCSU ALUMNI ASSOCIATION INC.

Totals

Total revenue
$266,675
Total expenses
$118,038
Contributions and grants received
$20,595
Grants paid
$42,321
Program service revenue
$84,365
Investment income
$161,715
Other revenue
$0
Total assets, end of year
$1,343,557
Total liabilities, end of year
$3,351
Net assets or fund balances, end of year
$1,340,206
Program services expenses (Part IX)
$94,167
Management and general expenses
$23,871
Fundraising expenses
$0
Program service expenses (Part III)
$94,167

Program services were 79.8% 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.

  • 1f · All other contributions, gifts and grants

    $20,595

  • 2a · Program service revenue: PROGRAM FEES

    total $61,491 · related or exempt $61,491

  • 2b · Program service revenue: INSURANCE

    total $22,874 · related or exempt $22,874

  • 3 · Investment income

    total $38,487 · related or exempt $38,487

  • 7a · Gross sales of assets other than inventory

    securities $123,228

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $123,228

  • 7d · Net gain or loss

    total $123,228 · related or exempt $123,228

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $42,321 · program services $42,321

  • 11c · Fees: accounting

    total $2,334 · management and general $2,334

  • 11f · Fees: investment management

    total $13,480 · management and general $13,480

  • 13 · Office expenses

    total $326 · management and general $326

  • 23 · Insurance

    total $3,390 · management and general $3,390

  • 24a · Other expenses: HOMECOMING EXPENSES

    total $24,355 · program services $24,355

  • 24b · Other expenses: PURCHASES

    total $12,544 · program services $12,544

  • 24c · Other expenses: EVENT SPONSORSHIP

    total $6,628 · program services $6,628

  • 24d · Other expenses: BOARD EXPENSES

    total $5,062 · program services $5,062

  • 24e · All other expenses

    total $7,598 · program services $3,257 · management and general $4,341

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $170,277 · end of year $108,493

  • 11 · Investments: publicly traded securities

    beginning of year $1,050,607 · end of year $1,225,064

  • 15 · Other assets

    beginning of year $0 · end of year $10,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,926 · end of year $740

  • 25 · Other liabilities

    beginning of year $2,611 · end of year $2,611

  • 27 · Net assets without donor restrictions

    beginning of year $1,215,347 · end of year $1,340,206

Mission and programs · 2023

Mission

TO ESTABLISH MUTUALLY BENEFICIAL RELATIONSHIPS BETWEEN AND AMONG THE ALUMNI AND THEREST OF THE UNIVERSITY TO PROMOTE THE MISSION AND IMAGE OF THE UNIVERSITY BYFOSTERING LIFE-LONG RELATIONSHIPS, MAKING CONNECTIONS AND ADVOCATING FOR THEUNIVERSITY AND IT'S ALUMNI.

Activities or mission (Part I)

CONNECTING ALUMNI, STUDENTS, FRIENDS AND FACULTY IN SUPPORT OF THE CENTRAL CONNECTICUT STATE UNIVERSITY AND EACH OTHER.

  • BUILDING UNIVERSITY RELATIONSHIPS: THROUGH VARIOUS PROGRAMS AND ACTIVITIES, CCSU ALUMNI ASSOCIATION PROVIDES OPPORTUNITIES FOR ALUMNI TO BE AMBASSADORS FOR THE UNIVERSITY AND TO MAKE CONNECTIONS WITH OTHER ALUMNI AND FACULTY. ACTIVITIES INCLUDE HOMECOMING EVENTS, SPEAKERS, SUPPORT OF THE ATHLETIC TEAMS, NETWORKING AND SOCIAL EVENTS.

    Expenses $94,167 · Grants $42,321 · Revenue $246,080

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

Listed in Part VII

  • Brien Balavender

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Perry Cornelio Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kimberly Barrington

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Philip Desorbo

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Lawrence Hall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Janet Miani

    2ND VICE PRES.

    Total calculated
    $0
    Hours/week
    1
  • Kelley Hedley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian P Cruess

    1ST VICE PRES.

    Total calculated
    $0
    Hours/week
    1
  • George Hendrickson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Donna Vickers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ronald Perry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christine Sullivan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeffrey Labonte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kamil Wojnowski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Karen Weal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steven Tabara

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Robert Brancato

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Velma Walters

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

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

Provenance

Return type
form_990
Tax year
2023
Filed
20 November 2024
IRS schema version
2023v5.1
Source object
202443259349300509

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