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← RUTGERS ALUMNI ASSOCIATION

Form 990 for tax year 2023

Filed by RUTGERS ALUMNI ASSOCIATION.

Totals

Total revenue
$249,835
Total expenses
$171,762
Contributions and grants received
$100
Grants paid
$20,750
Program service revenue
$39,667
Investment income
$106,780
Other revenue
$103,288
Total assets, end of year
$3,759,113
Total liabilities, end of year
$5,205
Net assets or fund balances, end of year
$3,753,908
Program services expenses (Part IX)
$151,287
Management and general expenses
$20,475
Fundraising expenses
$0
Program service expenses (Part III)
$151,287

Program services were 88.1% 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

    $100

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $39,667 · related or exempt $39,667

  • 3 · Investment income

    total $106,780 · excluded $106,780

  • 11a · Other revenue: AFFINITY PROGRAM ROYAL

    total $103,288 · related or exempt $103,288

  • 11e · Other revenue, total

    $103,288

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $20,750 · program services $20,750

  • 11c · Fees: accounting

    total $1,908 · management and general $1,908

  • 13 · Office expenses

    total $1,773 · program services $1,363 · management and general $410

  • 19 · Conferences, conventions and meetings

    total $22,908 · program services $22,908

  • 23 · Insurance

    total $1,473 · management and general $1,473

  • 24a · Other expenses: EVENTS

    total $43,868 · program services $43,868

  • 24b · Other expenses: MISCELLANEOUS

    total $32,668 · program services $19,465 · management and general $13,203

  • 24c · Other expenses: PROMOTION

    total $16,896 · program services $16,896

  • 24d · Other expenses: CONTRACTED SERVICES

    total $16,867 · program services $16,867

  • 24e · All other expenses

    total $12,651 · program services $9,170 · management and general $3,481

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $1

  • 2 · Savings and temporary cash investments

    beginning of year $219,728 · end of year $221,254

  • 4 · Accounts receivable

    beginning of year $8,202 · end of year $8,216

  • 9 · Prepaid expenses and deferred charges

    beginning of year $300 · end of year $300

  • 12 · Investments: other securities

    beginning of year $3,166,406 · end of year $3,529,342

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,804 · end of year $4,178

  • 25 · Other liabilities

    beginning of year $1,027 · end of year $1,027

  • 27 · Net assets without donor restrictions

    beginning of year $3,391,805 · end of year $3,753,908

Mission and programs · 2023

Mission

THE PURPOSES OF THE RAA SHALL BE TO PROVIDE A CONTINUUM FOR STUDENTS TO STAY CONNECTED AS THEYMOVE INTO THEIR NEW ROLE AS ALUMNI AND CREATE AN ASSOCIATION FOR ALUMNI WHO HAVE GRADUATED FROMTHE RUTGERS SCHOOL OF ARTS AND SCIENCES (SAS) AND ITS FORMER UNDERGRADUATE COLLEGES THATPRESERVES OUR HERITAGE AND EMBRACES OUR FUTURE.

Activities or mission (Part I)

ENGAGING ALUMNI, HELPING STUDENTS, CELEBRATING RUTGERS.

  • PUBLICATIONS- COSTS ASSOCIATED WITH PRINTING & MAILING "1776" ALUMNI MAGAZINE TO APPROXIMATELY 6,000 MEMBERS & FRIENDS.

    Expenses $7,741

  • OTHER ALUMNI ACTIVITIES- LOYAL SONS & DAUGHTERS AWARDS DINNER, ALUMNI-STUDENT CAREER NETWORKING, COMMUNITY SERVICE AND OUTREACH PROGRAMS, FAMILY DAY, HOMECOMING AND REUNION WEEKENDS & OTHER ACTIVITIES. THESE EVENTS ARE HELD AT VARIOUS TIMES THROUGHOUT THE YEAR.

    Expenses $122,796 · Revenue $142,955

  • GRANTS MADE TO VARIOUS RUTGERS UNIVERSITY STUDENT GROUPS.

    Expenses $20,750 · Grants $20,750

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

Listed in Part VII

  • Nicole Setzer

    PRESIDENT

    Total calculated
    $0
    Hours/week
    15
  • Ken Kolanko

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Yash Dalal

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Houshang Parsa

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Marc Goldstone

    CORPORATE SECRETARY

    Total calculated
    $0
    Hours/week
    10
  • Jeffrey Armus

    TREASURER

    Total calculated
    $0
    Hours/week
    10

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
5 May 2025
IRS schema version
2023v6.0
Source object
202501329349302080

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