Wellesley College Alumnae Association

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042105817 ✦ Wellesley, MA ✦ Designated as a 501(c)(3)

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Overview

What is Wellesley College Alumnae Association?

The Wellesley College Alumnae Association is a nonprofit organization situated in Wellesley, Massachusetts. Its primary purpose is to maintain a connection between the college and its alumnae, offering various services such as class reunions, events, educational travel, and leadership training. This association serves as an enduring resource for alumnae, fostering engagement and encouraging contributions to the ongoing success of Wellesley College. By providing these activities, the Alumnae Association supports the institutional priorities of the college, acting as a bridge between its past and present alumnae community.


Official website here: www.wellesley.edu/alum

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Star rating

The Wellesley College Alumnae Association holds a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and finance. The organization has demonstrated excellent financial health with a high program expense ratio of 88.12%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs.

Key strengths of the association include an entirely independent board and robust policies regarding conflict of interest, whistleblowing, and document retention. The absence of material diversion of assets and loans to officers further underlines its integrity and sound governance practices. Additionally, the organization enjoys a favorable working capital ratio, ensuring it can meet its short-term obligations effectively.

Despite the overall positive financial outlook, the fundraising efficiency ratio of $0.002 suggests that fundraising efforts might not be yielding optimal returns. This could indicate room for improvement in how the organization approaches fundraising strategies. Nevertheless, the strong accountability measures in place indicate a well-managed nonprofit focused on its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Wellesley College Alumnae Association legitimate?

Wellesley College Alumnae Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellesley College Alumnae Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wellesley.edu/alum

What is the mission statement of Wellesley College Alumnae Association?

The Wellesley College Alumnae Association's mission is to support the institutional priorities of Wellesley College by fostering connections between alumnae and the college, as well as among alumnae themselves. Acting as a lifelong resource, the association encourages alumnae to contribute to the continued excellence of the college. They accomplish this through various services such as class reunions, events, educational travel, and leadership training, all aimed at keeping alumnae engaged with Wellesley College.


Official website here: www.wellesley.edu/alum

Who is the CEO of Wellesley College Alumnae Association?

Kathryn Mackintosh is the Director of Wellesley College Alumnae Association.


Official website here: www.wellesley.edu/alum

What is the revenue of Wellesley College Alumnae Association?

Wellesley College Alumnae Association's revenue in 2022 was $2,808,656.


Official website here: www.wellesley.edu/alum

Who are the executives of Wellesley College Alumnae Association and what are their salaries?


Here are 17 key members and their salaries:


Angeles Garcia Cassin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Chruchwell Evans (Director/Chair, The Welles)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Wood Cantopher (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brita Haugland Cantrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Sue Cohen D'Annunzio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Woods Kedem (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albina Thakkar Heidebrecht (Chair, Alumnae Admission)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dolores Arredondo (Chair, Program Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Materazzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Hsieh (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Hayes (Chair, Strategic Communica)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Katz (Chair, Nominating Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Tsui Luke (Chair, Governance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Whaley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Young Durbin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Huang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leilani Stacy (Young Alumnae Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wellesley.edu/alum

Where can I find the form 990 for Wellesley College Alumnae Association?

Wellesley College Alumnae Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wellesley.edu/alum

Learn more at the official website: www.wellesley.edu/alum

Mission Statement of Wellesley College Alumnae Association

The Wellesley College Alumnae Association's mission is centered around supporting the institutional priorities of Wellesley College. By connecting alumni with the college and with each other, the association serves as a lifelong resource for these graduates. Encouraging alumni to contribute to the continued excellence of the college is a key part of their mission. The association provides various alumnae services, such as organizing class reunions and events, offering educational travel opportunities, and providing leadership training. These initiatives aim to keep alumni connected with their alma mater and engaged in its success.

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Impact




July, 2024

The Wellesley College Alumnae Association plays a significant role in maintaining strong connections among Wellesley College alumnae, providing valuable resources, and supporting the institutional priorities of the college. Through a range of alumnae services such as class reunions, events, educational travel, and leadership training, the association fosters a lifelong bond between alumnae and the college. By encouraging alumnae to contribute to the continued excellence of Wellesley College, the association helps in advancing the mission and reputation of the institution.




This information is meant to be a general summary of Wellesley College Alumnae Association. 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.

Revenue
$2,808,656 (2022)
Expenses
$2,666,660 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $401,523
  • Program Service Revenue: $504,761
  • Gross Receipts: $3,399,962

Assets and Liabilities:

  • Total Assets: $21,826,732
  • Total Liabilities: $4,711
  • Net Assets: $21,822,021

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ALUMNAE SERVICES

Revenue

$481,440

SUBSCRIPTIONS

Revenue

$23,321

Organization Details

Founding Year

1880

Principal Officer

Kathryn Mackintosh

Main Address

106 CENTRAL STREET, WELLESLEY, MA, 024818268

NTEE Category

Code: B84 - Education

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