Form 990 for tax year 2023
Filed by UNIVERSITY OF SOUTHERN MISSISSIPPI ALUMNI ASSOCIATION.
Totals
- Total revenue
- $430,444
- Total expenses
- $519,778
- Contributions and grants received
- $256,636
- Grants paid
- $19,500
- Program service revenue
- $0
- Investment income
- $66,964
- Other revenue
- $106,844
- Total assets, end of year
- $2,370,429
- Total liabilities, end of year
- $141,687
- Net assets or fund balances, end of year
- $2,228,742
- Program services expenses (Part IX)
- $349,411
- Management and general expenses
- $111,514
- Fundraising expenses
- $58,853
- Program service expenses (Part III)
- $349,411
Program services were 67.2% 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.
-
1b · Membership dues
$216,382
-
1f · All other contributions, gifts and grants
$40,254
-
3 · Investment income
total $65,764 · related or exempt $65,764
-
5 · Royalties
total $25,460 · related or exempt $25,460
-
6a · Gross rents
real property $21,647
-
6c · Rental income or loss
real property $21,647
-
6d · Net rental income or loss
total $21,647 · excluded $21,647
-
7a · Gross sales of assets other than inventory
other assets $1,200
-
7c · Gain or loss
other assets $1,200
-
7d · Net gain or loss
total $1,200 · related or exempt $1,200
-
8a · Fundraising events: gross income
$121,920
-
8b · Fundraising events: direct expenses
$121,667
-
8c · Net income from fundraising events
total $253
-
11a · Other revenue: PERIODICALS
total $59,484 · related or exempt $23,336 · unrelated business $36,148
-
11e · Other revenue, total
$59,484
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $19,500 · program services $19,500
-
11c · Fees: accounting
total $12,170 · management and general $12,170
-
11f · Fees: investment management
total $15,954 · program services $15,954
-
12 · Advertising and promotion
total $1,535 · management and general $542 · fundraising $993
-
13 · Office expenses
total $10,395 · program services $8,420 · management and general $1,975
-
19 · Conferences, conventions and meetings
total $372 · management and general $372
-
22 · Depreciation, depletion and amortization
total $3,466 · management and general $3,466
-
23 · Insurance
total $22,321 · management and general $22,321
-
24a · Other expenses: PRINTING
total $112,943 · program services $93,743 · fundraising $19,200
-
24b · Other expenses: PROGRAM ACTIVITIES
total $53,980 · program services $53,980
-
24c · Other expenses: POSTAGE
total $42,672 · program services $25,176 · management and general $427 · fundraising $17,069
-
24d · Other expenses: CHAPTER EXPENSES
total $41,317 · program services $41,317
-
24e · All other expenses
total $183,153 · program services $91,321 · management and general $70,241 · fundraising $21,591
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $94,415 · end of year $133,163
-
8 · Inventories for sale or use
beginning of year $14,842 · end of year $10,078
-
9 · Prepaid expenses and deferred charges
beginning of year $3,507 · end of year $3,331
-
10a · Land, buildings and equipment: cost or other basis
$47,833
-
10b · Land, buildings and equipment: accumulated depreciation
$35,219
-
10c · Land, buildings and equipment, net
beginning of year $8,181 · end of year $12,614
-
11 · Investments: publicly traded securities
beginning of year $2,103,268 · end of year $2,211,243
-
15 · Other assets
beginning of year $146,384
-
17 · Accounts payable and accrued expenses
beginning of year $14,269 · end of year $16,495
-
19 · Deferred revenue
beginning of year $267,109 · end of year $125,192
-
25 · Other liabilities
beginning of year $12,765
-
27 · Net assets without donor restrictions
beginning of year $2,076,454 · end of year $2,228,742
Mission and programs · 2023
Mission
THE MISSION OF THE ALUMNI ASSOCIATION IS TO BENEFIT THE UNIVERSITY OF SOUTHERN MISSISSIPPI, ITS STUDENTS, AND ALUMNI THROUGH UPHOLDING TRADITIONS, SPONSORING ACTIVITIES, EVENTS, AND PUBLICATIONS.
-
THE ALUMNI ASSOCIATION PRODUCES A QUARTERLY MAGAZINE EACH YEAR. THE MAGAZINE IS MAILED TO ALL PAID MEMBERS OF THE ALUMNI ASSOCIATION AND A FEW OTHERS. THE ASSOCIATION ALSO PRODUCES NUMEROUS OTHER PROGRAMS AND FLIERS FOR VARIOUS EVENTS, SOLICITATION PIECES, AND AN ANNUAL REPORT THAT ARE DISTRIBUTED TO VARIOUS GROUPS.
Expenses $124,627
-
THE ALUMNI ASSOCIATION HAS A NUMBER OF DONATIONS AND SPONSORSHIPS. THE ASSOCIATION SENDS MONEY TO THE USM FOUNDATION TO SUPPORT THE PARTNERS FOR THE ARTS, FRIENDS FOR GIFTED EDUCATION, DUBARD SCHOOL, SYMPHONY ORCHESTRA, LIBRARY FUND, AND VARIOUS OTHER INITIATIVES. THE ASSOCIATION SENDS MONEY TO THE UNVERSITY OF SOUTHERN MISSISSIPPI ATHLETIC FOUNDATION TO SUPPORT THE DUGOUT CLUB, WINGS, AND VARIOUS OTHER INITIATIVES.
Expenses $67,673 · Grants $19,500
-
OTHER ACTIVITIES FOR THE BENEFIT OF THE UNIVERSITY OF SOUTHERN MISSISSIPPI, ITS STUDENTS, AND ALUMNI
Expenses $157,111
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Troy JohnstonTROY JOHNSTON
PRESIDENT
- Total calculated
- $0
-
Hon Missy McGeeHON MISSY MCGEE
PRESIDENT EL
- Total calculated
- $0
-
David EstorgeDAVID ESTORGE
VICE PRESIDE
- Total calculated
- $0
-
Dr Alvin WilliamsDR ALVIN WILLIAMS
PAST PRESIDE
- Total calculated
- $0
-
John McCallumJOHN MCCALLUM
FINANCE COMM
- Total calculated
- $0
-
Jerry DefattaJERRY DEFATTA
EXECUTIVE DI
- Total calculated
- $0
-
Brooks BohteBROOKS BOHTE
BOARD MEMBER
- Total calculated
- $0
-
Sarah ButlerSARAH BUTLER
BOARD MEMBER
- Total calculated
- $0
-
Katie DixonKATIE DIXON
BOARD MEMBER
- Total calculated
- $0
-
Brian DozierBRIAN DOZIER
BOARD MEMBER
- Total calculated
- $0
-
John DueaseJOHN DUEASE
BOARD MEMBER
- Total calculated
- $0
-
Nelson HaskinNELSON HASKIN
BOARD MEMBER
- Total calculated
- $0
-
Scott WalkerSCOTT WALKER
BOARD MEMBER
- Total calculated
- $0
-
Rudy BraceyRUDY BRACEY
BOARD MEMBER
- Total calculated
- $0
-
Samantha McCainSAMANTHA MCCAIN
BOARD MEMBER
- Total calculated
- $0
-
Joy YatesJOY YATES
BOARD MEMBER
- Total calculated
- $0
-
Joe TrahanJOE TRAHAN
BOARD MEMBER
- Total calculated
- $0
-
Dave EstorgeDAVE ESTORGE
BOARD MEMBER
- Total calculated
- $0
-
Jeff CookJEFF COOK
BOARD MEMBER
- Total calculated
- $0
-
Charles ArinderCHARLES ARINDER
BOARD MEMBER
- Total calculated
- $0
-
Eric HookERIC HOOK
BOARD MEMBER
- Total calculated
- $0
-
Neely Carlton LyonsNEELY CARLTON LYONS
BOARD MEMBER
- Total calculated
- $0
-
Krsiten MooreKRSITEN MOORE
BOARD MEMBER
- Total calculated
- $0
-
Rashemia StampsRASHEMIA STAMPS
BOARD MEMBER
- Total calculated
- $0
-
Madison BurrisMADISON BURRIS
BOARD MEMBER
- Total calculated
- $0
-
Dr Lynn HaganDR LYNN HAGAN
BOARD MEMBER
- Total calculated
- $0
-
Ryan MouledousRYAN MOULEDOUS
BOARD MEMBER
- Total calculated
- $0
-
Deanna RussellDEANNA RUSSELL
BOARD MEMBER
- Total calculated
- $0
-
Cece ShabazzCECE SHABAZZ
BOARD MEMBER
- Total calculated
- $0
-
Gavin SnyderGAVIN SNYDER
BOARD MEMBER
- Total calculated
- $0
-
Jarvis WilbertJARVIS WILBERT
BOARD MEMBER
- Total calculated
- $0
-
Dr Joe PaulDR JOE PAUL
EX-OFFICIO
- Total calculated
- $0
-
Stace MercierSTACE MERCIER
EX-OFFICIO
- Total calculated
- $0
-
Kelsey RushingKELSEY RUSHING
EX-OFFICIO
- Total calculated
- $0
-
Chad DriskellCHAD DRISKELL
EX-OFFICIO
- Total calculated
- $0
-
Abb PayneABB PAYNE
EX-OFFICIO
- Total calculated
- $0
-
Jeremy McClainJEREMY MCCLAIN
EX-OFFICIO
- Total calculated
- $0
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
-
UNIV OF SOUTH MS ATHELTIC FOUND
$19,500
ATHLETIC SUPPORT
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.
-
501C3 · SUPPORT · MS
-
501C3 · SUPPORT · MS
-
UNIVERSITY OF SOUTHERN MISSISSIPPI
501C3 · PUBLIC UNI · MS
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 August 2024
- IRS schema version
- 2023v5.0
- Source object
- 202422569349300867
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