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Nonprofiteer
← WORCESTER POLYTECHNIC INSTITUTE ALUMNI ASSOCIATION

Form 990 for tax year 2022

Filed by WORCESTER POLYTECHNIC INSTITUTE ALUMNI ASSOCIATION.

Totals

Total revenue
$181,281
Total expenses
$145,176
Contributions and grants received
$27,412
Grants paid
$75,932
Program service revenue
$0
Investment income
$134,095
Other revenue
$19,774
Total assets, end of year
$3,449,101
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,449,101
Program services expenses (Part IX)
$92,528
Management and general expenses
$48,562
Fundraising expenses
$4,086
Program service expenses (Part III)
$92,528

Program services were 63.7% 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.

  • 1f · All other contributions, gifts and grants

    $27,412

  • 3 · Investment income

    total $134,095 · excluded $134,095

  • 5 · Royalties

    total $19,774 · excluded $19,774

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $75,932 · program services $75,932

  • 11c · Fees: accounting

    total $3,100 · management and general $3,100

  • 11g · Fees: other

    total $9,311 · program services $5,056 · management and general $169 · fundraising $4,086

  • 13 · Office expenses

    total $20,990 · program services $209 · management and general $20,781

  • 17 · Travel

    total $439 · management and general $439

  • 19 · Conferences, conventions and meetings

    total $12,994 · management and general $12,994

  • 24a · Other expenses: ALUMNI SUPPORT AND EVEN

    total $11,331 · program services $11,331

  • 24b · Other expenses: GIFTS

    total $11,079 · management and general $11,079

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $147,109 · end of year $163,214

  • 12 · Investments: other securities

    beginning of year $3,092,322 · end of year $3,285,887

  • 27 · Net assets without donor restrictions

    beginning of year $3,105,711 · end of year $3,315,381

  • 28 · Net assets with donor restrictions

    beginning of year $133,720 · end of year $133,720

Mission and programs · 2022

Mission

TO BE A VOICE AND EFFECTIVE ADVOCATE FOR THE ALUMNI BODY WITHIN THE WPI COMMUNITY, MAINTAINING AN ALUMNI PERSPECTIVE, AND TO CONNECT, ENGAGE AND INVOLVE ALUMNI WITH WPI AND ONE ANOTHER IN SUPPORT OF WPI'S MISSIONS AND GOALS.

Activities or mission (Part I)

TO CONNECT AND ENGAGE ALUMNI OF WORCESTER POLYTECHNIC INSTITUTE (WPI) IN SUPPORT OF WPI'S MISSIONS AND GOALS.

  • THE ASSOCIATION PROVIDES SCHOLARSHIPS TO WPI STUDENTS. THE ASSOCIATION ALSO PROVIDES SUPPORT FOR ALUMNI DRIVEN ENGAGEMENT EVENTS. THIS PROGRAM CALLED "EVENT IN A BOX" SPONSORS FOOD AND SPACE RENTAL FEES TO INCREASE ALUMNI ENGAGEMENT.

    Expenses $92,528 · Grants $75,932

As filed on the 2022 return.

Listed in Part VII

  • Mark MacAulay

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Paula Delaney

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Dan Sullivan

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Monica Ellis

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Mike Abrams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mbolle Akume

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Veda Booth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alexander Forti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kathryn Gauthier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Maureen Horgan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pamela Lynch

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    1
  • Janelle Drake

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bert Gunter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kijana Haney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dave Henry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alison Leflore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kevin Fitzpatrick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lindsey McKan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Mezak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pat Moran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nancy Roberts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jami Walsh

    DIRECTOR

    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

No itemized grants to organizations on this return.

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
10 May 2024
IRS schema version
2022v5.0
Source object
202421349349308062

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