Overview
What is General Alumni Association Of The University Of Maine Inc?
The General Alumni Association of the University of Maine Inc, located in Orono, Maine, is a nonprofit organization with a mission to strengthen the connection between the University and its alumni. With a team of nine dedicated individuals, their primary objective is to promote the University's visibility and maintain a relationship with its Alumni. They encourage an understanding of the University's role in the community and the importance of higher education. The Association's activities are centered around fostering relationships, representing Alumni interests to the University's leadership and the community, and advocating for their expectations and thoughts.
Official website here: www.umainealumni.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
The General Alumni Association of the University of Maine Inc has received an 85% rating from Charity Navigator, reflecting a strong performance in accountability and finance. With a focus solely on this beacon score, the organization demonstrates sound financial management and transparency, which are critical for nonprofit effectiveness.
Notably, the association boasts a fully independent board with no material diversions of assets. This governance structure, along with comprehensive policies for conflict of interest, whistleblowing, and document retention, underscores a commitment to ethical operations. Additionally, a high program expense ratio indicates that a significant portion of its resources is directed towards its mission rather than administrative costs.
However, while the financial metrics are strong, the organization could benefit from diversifying its impact metrics beyond financial accountability alone. Engaging in programmatic evaluations and community feedback could enhance its overall effectiveness and provide a more holistic view of its impact on alumni and the broader university community.
This AI summary has been generated from information found on Charity Navigator.
Is General Alumni Association Of The University Of Maine Inc legitimate?
General Alumni Association Of The University Of Maine Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. General Alumni Association Of The University Of Maine Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $106,207
Professional Fundraising Fees: $0
Other Salaries and Wages: $422,246
For more financial information, click here
Official website here: www.umainealumni.com
What is the mission statement of General Alumni Association Of The University Of Maine Inc?
The General Alumni Association of the University of Maine Inc's mission is to serve as a bridge between the university and its alumni, representing their interests and expectations to various stakeholders. It fosters connections among alumni, advocates for the university's role in the community, and promotes the value of higher education. The association aims to maintain a strong bond with its alumni, keeping them updated about the university's developments and engaging them in its activities. By doing so, it contributes to fostering a sense of pride and community among the University of Maine's alumni.
Official website here: www.umainealumni.com
Who is the CEO of General Alumni Association Of The University Of Maine Inc?
John Diamond is the President & Ceo of General Alumni Association Of The University Of Maine Inc. The CEO's salary of General Alumni Association Of The University Of Maine Inc is $106,207 and their total compensation is $106,207.
Official website here: www.umainealumni.com
What is the revenue of General Alumni Association Of The University Of Maine Inc?
General Alumni Association Of The University Of Maine Inc's revenue in 2022 was $1,187,948.
Official website here: www.umainealumni.com
Who are the executives of General Alumni Association Of The University Of Maine Inc and what are their salaries?
The average compensation at General Alumni Association Of The University Of Maine Inc during 2022 was $58,717. There are 9 employees at General Alumni Association Of The University Of Maine Inc.
Here are 29 key members and their salaries (General Alumni Association Of The University Of Maine Inc's CEO's salary is $106,207 and their total compensation is $106,207):
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Official website here: www.umainealumni.com
Where can I find the form 990 for General Alumni Association Of The University Of Maine Inc?
General Alumni Association Of The University Of Maine Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.umainealumni.com
Learn more at the official website: www.umainealumni.com
Mission Statement of General Alumni Association Of The University Of Maine Inc
The General Alumni Association of the University of Maine Inc aims to establish connections between the university and its former students, serving as a bridge between the Alumni and the institution's leadership, student community, and Maine's residents and elected officials. This association represents the collective sentiments and expectations of all Alumni who have shared the common experience of attending the University of Maine. By doing so, the General Alumni Association of the University of Maine Inc seeks to foster relationships, promote the university's presence, and maintain contact with its Alumni. Additionally, it encourages an understanding of the University's role within the community and the importance of higher education.
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Impact
July, 2024
The impact of the General Alumni Association of the University of Maine Inc is to foster relationships among the University of Maine and its Alumni. The Association promotes the University's presence and maintains contacts with Alumni, encouraging awareness of the University's role in the community and the goals of higher education. Serving all Alumni of the University of Maine, the Association represents the interests of those who share the common bond of having attended the University. It advocates for their perspectives and expectations to the University's leadership, the student community, and the residents and elected officials of Maine.
This information is meant to be a general summary of General Alumni Association Of The University Of Maine Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $70,885
- Program Service Revenue: $95,775
- Gross Receipts: $1,204,444
Assets and Liabilities:
- Total Assets: $5,147,484
- Total Liabilities: $57,240
- Net Assets: $5,090,244
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ALUMNI EVENTS
Revenue
$95,775
Organization Details
Founding Year
1994
Phone
(207) 581-1133Principal Officer
John Diamond
Main Address
PO BOX 550, ORONO, ME, 04473
Website
www.umainealumni.comNTEE Category
Code: B840 - Education
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