Form 990 for tax year 2023
Filed by ALUMNI ASSOCIATION OF THE UNIVERSITY OF MISSISSIPPI.
Totals
- Total revenue
- $5,783,571
- Total expenses
- $4,875,890
- Contributions and grants received
- $2,225,579
- Grants paid
- $0
- Program service revenue
- $2,796,216
- Investment income
- $720,826
- Other revenue
- $40,950
- Total assets, end of year
- $11,913,826
- Total liabilities, end of year
- $670,255
- Net assets or fund balances, end of year
- $11,243,571
- Program services expenses (Part IX)
- $3,627,627
- Management and general expenses
- $1,204,530
- Fundraising expenses
- $43,733
- Program service expenses (Part III)
- $3,627,627
Program services were 74.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
BILL REED
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
KAREN MOORE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
JEFFREY HUBBARD
PRESIDENT ELECT
- Total calculated
- $0
- Hours/week
- 2
-
TODD SANDRONI
ATHLETICS COMMITTEE
- Total calculated
- $0
- Hours/week
- 2
-
BRUCE WARE
ATHLETICS COMMITTEE
- Total calculated
- $0
- Hours/week
- 2
-
KIRK PURDOM
TREASURER
- Total calculated
- $272,926
- From this org
- $45,382
- From related orgs
- $188,663
- Other
- $38,881
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $43,328 + $180,126 related
- Bonus
- $0
- Other
- $2,054 + $8,537 related
- Deferred
- $7,539 + $31,342 related
- Nontaxable benefits
- $0
- Filer's total
- $52,921 + $220,005 related
-
DAVID BREVARD
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
JAN FARRINGTON
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
DAVID MCCORMICK
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
HAL MOORE
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
GAIL PITTMAN
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
PEPPER POUNDS
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
ZACH SCRUGGS
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
BOB WARNER
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
TRENTICE IMBLER
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
CHARLES WHITE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
MARY SHARP RAYNER
ATHLETICS FOUNDATION REP
- Total calculated
- $0
- Hours/week
- 2
-
BOBBY BAILESS
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
JENNIFER CALHOUN
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
BILL FRY
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
-
WILMA WILBANKS
EXEC COMM
- Total calculated
- $0
- Hours/week
- 2
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · First-class or charter travel
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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)
- PART I, LINE 1A
- THE ASSOCIATION HOSTS EDUCATIONAL TRIPS AND TOURS FOR ITS MEMBERS.
- PART I, LINE 1B
- THE ASSOCIATION HAS A POLICY TO CONSIDER TRAVEL BY SPOUSES AND PARTNERS TO BE REIMBURSABLE EXPENSES WHEN THE SPOUSES OR PARTNERS ARE PRE-APPROVED AS DESIGNATED REPRESENTATIVES OF THE ASSOCIATION. AS DESIGNATED REPRESENTATIVES OF THE ASSOCIATION, THEY WOULD BE FURTHERING THE INTERESTS OF THE ASSOCIATION AND THE UNIVERSITY OF MISSISSIPPI IN MANY WAYS INCLUDING FACILITATION OF FELLOWSHIP, COORDINATION OF COMMUNICATIONS, SCHEDULING AND SEATING, EXECUTION OF GROUP ACTIVITIES, SERVING AS ADDITIONAL HOSTS, AND OTHER BENEFITS.
- PART I, LINE 3
- THE EXECUTIVE COMMITTEE SERVES AS A COMPENSATION COMMITTEE FOR THE ASSOCIATION. THE EXECUTIVE COMMITTEE STUDIES THE PAY OF THOSE IN COMPARABLE POSITIONS IN OTHER ALUMNI ASSOCIATIONS IN THE SOUTHEASTERN CONFERENCE AND MAKES RECOMMENDATIONS TO THE CHANCELLOR OF THE UNIVERSITY OF MISSISSIPPI. THE CHANCELLOR MAKES FINAL ADJUSTMENTS TO THE RECOMMENDATIONS AND GIVES FINAL APPROVAL FOR COMPENSATION.
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511269349303526
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