Overview
What is Penn State Agr Alumni?
Penn State Agr Alumni is a nonprofit organization situated at 210 West Hamilton Avenue, State College, Pennsylvania. With a membership of 30 individuals, the organization offers housing, educational facilities, and agricultural education to its members while they attend Penn State University. The primary source of income for Penn State Agr Alumni comprises alumni donations, rental income, and investment earnings. The organization's mission is to foster personal growth and improve the agricultural sector by providing an environment that encourages individual initiative, resourcefulness, and overall development in its members. The focus areas include social, moral, and physical advancement to create better individuals who, in turn, contribute to a broader and better agricultural community. Expenses for the organization include mortgage, taxes, insurance, property maintenance, depreciation, printing, mailing, and costs associated with educational conventions.
Is Penn State Agr Alumni legitimate?
Penn State Agr Alumni is a legitimate nonprofit organization registered as a 501(c)(7) entity. Penn State Agr Alumni 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:
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Professional Fundraising Fees: $11,802
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What is the mission statement of Penn State Agr Alumni?
Penn State Agr Alumni's mission is centered around enhancing its members' personal development and contributing to the betterment of agriculture as a whole. By exposing its members to influences that foster individual initiative, resourcefulness, and moral, social, and physical growth, the organization aims to shape better individuals. This, in turn, is expected to contribute to a broader, improved agriculture sector.
Who is the CEO of Penn State Agr Alumni?
John Merenick is the President of Penn State Agr Alumni.
What is the revenue of Penn State Agr Alumni?
Penn State Agr Alumni's revenue in 2022 was $210,357.
Who are the executives of Penn State Agr Alumni and what are their salaries?
There 50 volunteers at Penn State Agr Alumni.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Penn State Agr Alumni?
Penn State Agr Alumni's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Penn State Agr Alumni
Penn State Agr Alumni, as a nonprofit organization, is committed to fostering the personal and professional growth of its members, with the ultimate goal of contributing to a broader and improved agriculture sector. By providing a conducive environment that encourages individual initiative, resourcefulness, and the development of social, moral, and physical aspects, the organization aims to shape its members into better individuals. This mission is underpinned by the belief that through the betterment of these individuals, the agriculture sector will also experience positive changes. The organization's activities are geared towards achieving this mission, providing housing, educational facilities, and agricultural education to its 30 members during their time at Penn State University. The revenues for these activities come from alumni donations, rent, and investment income, while expenses include mortgage payments, taxes, insurance, property maintenance, depreciation, printing and mailing costs, and expenses related to educational conventions.
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Impact
October, 2024
Penn State Agr Alumni has a significant impact on the development of future agricultural leaders by providing a supportive environment that fosters individual growth in various aspects. By offering housing, educational space, and comprehensive agricultural education to its members at Penn State University, the organization plays a crucial role in shaping the next generation of agricultural professionals.
Through its commitment to encouraging individual endeavor and resourcefulness, Penn State Agr Alumni cultivates not just academic excellence but also social, moral, and physical development among its members. This holistic approach not only enhances the personal growth of individuals but also contributes to a broader, more informed agricultural community.
Furthermore, the organization thrives on the support of its alumni donations, rent, and investment income, which enable it to sustain its programs and facilities. By balancing its revenues against expenses related to maintenance and educational programming, Penn State Agr Alumni ensures a lasting impact on both its members and the agriculture sector at large, ultimately leading to a stronger, more responsible agricultural industry.
This information is meant to be a general summary of Penn State Agr Alumni. 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: $1,210
- Program Service Revenue: $200,000
- Gross Receipts: $210,357
Assets and Liabilities:
- Total Assets: $2,737,585
- Total Liabilities: $837,309
- Net Assets: $1,900,276
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$200,000
Organization Details
Founding Year
1920
Phone
(814) 360-9387Principal Officer
John Merenick
Main Address
210 West Hamilton Avenue, State College, PA, 168015218
NTEE Category
Code: B84 - Education
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