Overview
What is Cornell Alumni Association?
The Cornell Alumni Association, situated in Ithaca, New York, is a dedicated nonprofit organization that champions the interests of Cornell University. Their primary objective is to cultivate a sense of camaraderie and devotion among its alumni towards their alma mater. The association accomplishes this through the publication of two periodicals, the Cornell Alumni Magazine and Weill Cornell Medicine Magazine, which feature engaging content relevant to the Cornell community, released four to six times annually. The Cornell Alumni Association serves as a vibrant hub for its members, fostering a sense of unity and attachment to their beloved university.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Stars
The Cornell Alumni Association has received a low rating of 57%, classified as a One-Star organization. This rating is based solely on the Accountability & Finance score, where the organization scored well in governance aspects, such as having a majority of independent board members and established policies for conflict of interest and whistleblowing. However, it struggled significantly in financial metrics, particularly with a program expense ratio of 0.00%, indicating a lack of funds allocated toward direct programs.
Strengths noted in the evaluation include the presence of an independent board and comprehensive governance policies, which suggest a commitment to transparency and accountability. The organization has all necessary policies listed, and board meeting minutes are documented, reflecting good practices in management and oversight.
On the downside, the financial health of the Cornell Alumni Association raises concerns, particularly with a liabilities-to-assets ratio of 79.08%, signifying potential financial instability. The absence of program expenses suggests that the organization may not be effectively utilizing its resources to directly support its mission, which could impact its long-term viability and effectiveness in serving its alumni community.
This AI summary has been generated from information found on Charity Navigator.
Is Cornell Alumni Association legitimate?
Cornell Alumni Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornell Alumni Association submitted a form 990EZ, 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.
What is the mission statement of Cornell Alumni Association?
The Cornell Alumni Association's mission is centered around championing the interests of Cornell University. They aim to foster a sense of camaraderie and loyalty among its alumni. One of their key activities involves publishing the Cornell Alumni Magazine and Weill Cornell Medicine Magazine, which share news and topics relevant to the Cornell community. The association serves to maintain a connection between its alumni, fostering a sense of attachment to their alma mater. While the exact words of their mission statement may not be provided, it can be inferred that their goal is to strengthen the bond between the university and its former students.
Who is the CEO of Cornell Alumni Association?
Rob Rosenberg is the Vice President of Cornell Alumni Association.
What is the revenue of Cornell Alumni Association?
Cornell Alumni Association's revenue in 2023 was $325.
Who are the executives of Cornell Alumni Association and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990EZ for Cornell Alumni Association?
Cornell Alumni Association's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Cornell Alumni Association
The Cornell Alumni Association, in its mission, aims to uphold the interests of Cornell University and cultivate a sense of respect and loyalty towards the institution among its alumni. To achieve this, the association actively publishes two magazines, namely the Cornell Alumni Magazine and Weill Cornell Medicine Magazine, which feature topics of relevance to the Cornell community. These publications are released four to six times annually, fostering a sense of connection and engagement among the alumni base. By promoting these interests and nurturing attachment to Cornell, the Cornell Alumni Association serves as a vital link between the university and its former students, ensuring the enduring spirit of the institution lives on in its graduates.
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Impact
October, 2024
The Cornell Alumni Association significantly impacts the Cornell University community by promoting a lasting connection among its alumni and enhancing their attachment to their alma mater. It fosters a sense of regard among alumni, strengthening networks that benefit both individuals and the institution.
By publishing the Cornell Alumni Magazine and Weill Cornell Medicine Magazine several times a year, the association keeps the alumni informed and engaged with topics of interest, ranging from university developments to achievements within the community. This ongoing communication helps cultivate a vibrant and informed alumni network that thrives on shared experiences and mutual support.
Based in Ithaca, NY, the association serves as a central hub for alumni interaction, ensuring that connections forged during university years continue to grow and evolve, thereby enriching both personal and professional lives. This engagement not only enhances alumni experiences but also contributes to the overall vitality and reputation of Cornell University.
This information is meant to be a general summary of Cornell Alumni 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $22
- Gross Receipts: $325
Assets and Liabilities:
- Total Assets: $72,347
- Total Liabilities: $0
- Net Assets: $72,347
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Organization Details
Phone
(607) 254-2259Principal Officer
Rob Rosenberg
Main Address
130 EAST SENECA ST 400, ITHACA, NY, 14850
NTEE Category
Code: B84 - Education
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