Overview
What is Kean University Alumni Association?
Kean University Alumni Association is a nonprofit organization located at 39 Gesner Street, Linden, New Jersey 07036. Their primary mission is to support the activities of Kean University, foster scholarly pursuits through scholarships and grants, and keep alumni informed about the university's developments. By providing necessary funds for capital expansion programs and student financial aid, the association plays a crucial role in enriching the Kean University community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%
The Kean University Alumni Association has received a low rating of 33%, resulting in a Zero-Star out of Four Stars designation. This rating primarily reflects concerns regarding accountability and finance, as indicated by the overall score derived from a single beacon score. While the organization has strengths in having a fully independent board of directors and no material diversion of assets, significant gaps in transparency and governance policies have impacted its overall assessment.
Strengths noted include 100% independent board members and a substantial board size, which suggest a commitment to governance. However, the organization falls short in crucial areas such as missing website disclosures, including a conflict of interest policy and a whistleblower policy, which are essential for maintaining accountability. Additionally, the absence of key documents on its website, such as tax forms and retention policies, further diminishes its score.
Financially, the program expense ratio is relatively low at 35.47%, indicating that a limited portion of funds is allocated to programs. The liabilities to assets ratio is also reported at 0.00%, which may raise concerns about the organization's financial health. Overall, while there are some governance strengths, the significant shortcomings in transparency and financial management contribute to the low rating from Charity Navigator.
This AI summary has been generated from information found on Charity Navigator.
Is Kean University Alumni Association legitimate?
Kean University Alumni Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kean University Alumni 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
What is the mission statement of Kean University Alumni Association?
The Kean University Alumni Association's mission is centered around supporting the university's activities, offering scholarships and grants, and keeping alumni informed about the latest developments at the institution. In essence, their objective is to foster a strong connection between the university and its former students, while also providing financial aid to deserving students. Additionally, the association plays a role in promoting capital expansion programs and fundraising initiatives for the university.
Who is the CEO of Kean University Alumni Association?
Edward Esposito is the Treasurer of Kean University Alumni Association.
What is the revenue of Kean University Alumni Association?
Kean University Alumni Association's revenue in 2022 was $78,543.
Who are the executives of Kean University Alumni Association and what are their salaries?
There 20 volunteers at Kean University Alumni Association.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kean University Alumni Association?
Kean University Alumni Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kean University Alumni Association
The Kean University Alumni Association, in its mission, strives to champion the activities of the university, offer financial aid through scholarships and grants, and keep alumni informed about the latest developments in their alma mater. By promoting university events and initiatives, providing financial support to worthy students, and maintaining a robust communication channel with its alumni, the association aims to foster a strong sense of community and engagement among its members. Additionally, the Kean University Foundation under its umbrella, contributes funds for capital expansion programs and student scholarships, further enhancing the university's capacity and accessibility to its student body.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Kean University Alumni Association plays a crucial role in enhancing the university's activities and supporting its students. By providing scholarships and grants, the association ensures that deserving students have access to the resources they need to succeed in their academic endeavors. Additionally, the association keeps alumni connected and engaged with the university by providing them with up-to-date information and opportunities to stay involved. Overall, the impact of the Kean University Alumni Association is significant in fostering a sense of community among alumni, supporting current students, and contributing to the university's continued success.
This information is meant to be a general summary of Kean University 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 2022.
- Investment Income: $77,859
- Gross Receipts: $703,016
Assets and Liabilities:
- Total Assets: $1,277,415
- Total Liabilities: $0
- Net Assets: $1,277,415
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1961
Principal Officer
Edward Esposito
Main Address
CO EDWARD ESPOSITO 39 GESNER ST, LINDEN, NJ, 070364041
NTEE Category
Code: B84Z - Education
If you are a representative of Kean University Alumni Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.