Skip to content
Nonprofiteer
← RHODE ISLAND COLLEGE ALUMNI ASSOCIATION

Form 990 for tax year 2022

Filed by RHODE ISLAND COLLEGE ALUMNI ASSOCIATION.

Totals

Total revenue
-$25,091
Total expenses
$147,002
Contributions and grants received
$27,479
Grants paid
$15,000
Program service revenue
$0
Investment income
$239
Other revenue
-$52,809
Total assets, end of year
$455,746
Total liabilities, end of year
$15,672
Net assets or fund balances, end of year
$440,074
Program services expenses (Part IX)
$22,891
Management and general expenses
$99,854
Fundraising expenses
$24,257
Program service expenses (Part III)
$22,891

Program services were 15.6% 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.

  • 1c · Fundraising events

    $11,676

  • 1f · All other contributions, gifts and grants

    $15,803

  • 3 · Investment income

    total $239 · excluded $239

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $11,676

  • 8b · Fundraising events: direct expenses

    $52,809

  • 8c · Net income from fundraising events

    total -$52,809 · excluded -$52,809

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,000 · program services $15,000

  • 11c · Fees: accounting

    total $8,237 · management and general $8,237

  • 11g · Fees: other

    total $70,977 · management and general $70,977

  • 12 · Advertising and promotion

    total $1,191 · fundraising $1,191

  • 13 · Office expenses

    total $5,618 · management and general $5,618

  • 14 · Information technology

    total $124 · management and general $124

  • 17 · Travel

    total $40 · fundraising $40

  • 23 · Insurance

    total $295 · management and general $295

  • 24a · Other expenses: MISCELLANEOUS

    total $37,494 · management and general $14,603 · fundraising $22,891

  • 24b · Other expenses: ALUMNI EVENTS

    total $7,891 · program services $7,891

  • 24c · Other expenses: POSTAGE

    total $135 · fundraising $135

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $257,008 · end of year $202,483

  • 2 · Savings and temporary cash investments

    beginning of year $47,710 · end of year $47,949

  • 3 · Pledges and grants receivable

    beginning of year $329,428 · end of year $204,428

  • 8 · Inventories for sale or use

    beginning of year $3,327

  • 9 · Prepaid expenses and deferred charges

    beginning of year $738 · end of year $886

  • 10a · Land, buildings and equipment: cost or other basis

    $13,725

  • 10b · Land, buildings and equipment: accumulated depreciation

    $13,725

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $26,044 · end of year $15,672

  • 27 · Net assets without donor restrictions

    beginning of year $612,167 · end of year $440,074

Mission and programs · 2022

Mission

THE RHODE ISLAND COLLEGE ALUMNI ASSOCIATION'S MISSION IS TO PROMOTE LIFELONG RELATIONSHIPS BETWEEN CURRENT AND FUTURE ALUMNI OF RHODE ISLAND COLLEGE AND TO STRENGTHEN COMMUNICATION AND ENGAGEMENT BETWEEN ALUMNI AND THE COLLEGE. TO CREATE AND NURTURE OPPORTUNITIES FOR PERSONAL AND FINANCIAL INVESTMENT INTO RHODE ISLAND COLLEGE'S FUTURE.

Activities or mission (Part I)

TO PROMOTE RELATIONSHIPS BETWEEN CURRENT AND FUTURE ALUMNI OF RHODE ISLAND COLLEGE.

  • FINANCIAL SUPPORT TO RHODE ISLAND COLLEGE INCLUDING NEED-BASED SCHOLARSHIPS TO STUDENTS. APPROXIMATELY 15 STUDENTS WERE AWARDED RICOCHET AWARDS.

    Expenses $15,000 · Grants $15,000

  • THE ALUMNI AWARDS ARE PRESENTED ANNUALLY TO GRADUATES AND COMMUNITY LEADERS WHO BRING HONOR UPON THEMSELVES AND THE COLLEGE. THEIR PERSONAL AND PROFESSIONAL ACHIEVEMENTS AND SERVICE AID THE COMMUNITY, RHODE ISLAND COLLEGE AND/OR THE ALUMNI ASSOCIATION.

    Expenses $7,891

  • HOMECOMING FAMILY WEEKEND EVENT SPONSORED BY THE ALUMNI ASSOCIATION ON BEHALF OF THE COLLEGE. ACTIVITIES FOR FAMILIES WITH CHILDREN OF ALL AGES WERE PROVIDED.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Georgia Fortunato

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related
  • Hillary Lima

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Kevin San

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Pamela Ryan

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • Colleen Callahan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Danny Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Debra Servello

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Diane Mederos

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Elana Yee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Francesca Malerba

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Kennedy Ryan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Kevin McHugh

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Maddie Leblanc-Borsari

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Mia Palomobo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Monica Paige

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Piedade Lemos

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Ratha Sen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Sandra Enos

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Sarah Courtemanche

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Shawn Andrews

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Suzanna Alba

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Tamar Russell Brown

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Michael Smith

    BOARD MEMBER (UNTIL 6/23)

    Total calculated
    $0
    Hours/week
    0.5
  • Emmanuel Echevarria

    BOARD MEMBER (UNTIL 9/22)

    Total calculated
    $0
    Hours/week
    0.5
  • Robin Montvilo

    BOARD MEMBER (UNTIL 10/22)

    Total calculated
    $0
    Hours/week
    0.5
  • Rachel Greenleaf

    DIRECTOR OF ALUMNI RELATIONS

    Total calculated
    $31,543
    From this org
    $0
    From related orgs
    $31,543
    Other
    $0
    Hours/week
    35

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

  • PROVIDES FINANCIAL SUPPORT TO RHODE ISLAND COLLEGE WITH MERIT-BASED AWARDS TO HELP STUDENTS CONTINUE PURSUING A DEGREE AT RHODE ISLAND COLLEGE. APPROXIMATELY 15 STUDENTS WERE AWARDED THESE SCHOLARSHIPS. THE MONEY IS FORWARDED TO A SCHOLARSHIP FUND HELD BY THE FOUNDATION. THE FUNDS ARE THEN DISTRIBUTED FROM THE FOUNDATION TO THE COLLEGE.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202343189349307824

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.