Overview
What is Penn State Alumni Association?
The Penn State Alumni Association is a nonprofit organization based at Hintz Alumni Center in University Park, Pennsylvania. With a mission to connect alumni to the Pennsylvania State University and to each other, they provide valuable services to members and support the university's mission of teaching, research, and service. The organization aims to foster a strong bond between graduates and the institution, fostering a sense of community and engagement.
Official website here: www.alumni.psu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Penn State Alumni Association has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization scored 96% in this category, indicating a high level of transparency and sound financial practices. The assessment was based solely on the Accountability & Finance beacon, showcasing the nonprofit's dedication to responsible stewardship of resources.
The association's strengths lie in its governance and operational protocols. It boasts a fully independent board with 100% of its members meeting the independence criteria, as well as robust policies in place regarding conflict of interest, whistleblower protections, and document retention. Furthermore, the nonprofit maintains a favorable financial health ratio, with a low level of liabilities relative to its assets, and a substantial portion of its expenses directed towards program activities.
While the ratings highlight significant strengths, no specific limitations or concerns were noted in the data. Overall, the Penn State Alumni Association appears to be a well-managed organization that effectively supports its mission while ensuring accountability to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Penn State Alumni Association legitimate?
Penn State Alumni Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penn State 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
Official website here: www.alumni.psu.edu
What is the mission statement of Penn State Alumni Association?
The Penn State Alumni Association strives to bridge the gap between alumni and the university, as well as among alumni themselves. One of its primary objectives is to offer valuable services to its members. Furthermore, the organization plays a crucial role in supporting Penn State's mission of teaching, research, and service. By providing assistance for academic and other university programs, the Penn State Alumni Association fosters a strong sense of connection and community among its members.
Official website here: www.alumni.psu.edu
Who is the CEO of Penn State Alumni Association?
Paul J Clifford is the Alumni Council Member of Penn State Alumni Association. The CEO's salary of Penn State Alumni Association is $247,830 and their total compensation is $293,690.
Official website here: www.alumni.psu.edu
What is the revenue of Penn State Alumni Association?
Penn State Alumni Association's revenue in 2022 was $19,414,154.
Official website here: www.alumni.psu.edu
Who are the executives of Penn State Alumni Association and what are their salaries?
There 3000 volunteers at Penn State Alumni Association.
Here are 113 key members and their salaries (Penn State Alumni Association's CEO's salary is $247,830 and their total compensation is $293,690):
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Official website here: www.alumni.psu.edu
Where can I find the form 990 for Penn State Alumni Association?
Penn State Alumni Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alumni.psu.edu
Learn more at the official website: www.alumni.psu.edu
Mission Statement of Penn State Alumni Association
The Penn State Alumni Association serves as a bridge connecting alumni to the Pennsylvania State University and to one another. This esteemed organization is dedicated to providing valuable services to its members while supporting the university's mission of teaching, research, and service.
By fostering a strong sense of community among graduates, the Penn State Alumni Association ensures that the university remains an integral part of its alumni's lives long after they have graduated. The association strives to engage its members in various academic and other programs offered by the Pennsylvania State University.
Additionally, the Penn State Alumni Association takes pride in offering a range of beneficial services to its members. These services cater to the diverse needs of its extensive membership base, creating a network of support and opportunities for personal and professional growth. Ultimately, the Penn State Alumni Association plays a vital role in enhancing the university experience for current students and enriching the lives of its alumni.
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Impact
October, 2024
The Penn State Alumni Association plays a crucial role in strengthening the bond between graduates and their alma mater while enhancing the overall experience of its members. By fostering connections among alumni and facilitating their engagement with the university, the association promotes a vibrant community that supports personal and professional growth. Its initiatives provide valuable services, including networking opportunities, career development resources, and various programs that enrich the Penn State experience.
Moreover, the association actively supports the university's mission of teaching, research, and service. Through fundraising efforts and collaborative projects, it helps to fund academic programs and initiatives, ensuring that Penn State continues to thrive as a leading institution of higher learning. Ultimately, the Penn State Alumni Association serves as a bridge that connects past and present students, creating lasting relationships that benefit both individuals and the university as a whole.
This information is meant to be a general summary of Penn State 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: $14,272,747
- Program Service Revenue: $2,005,798
- Gross Receipts: $32,319,132
Assets and Liabilities:
- Total Assets: $83,946,815
- Total Liabilities: $2,111,784
- Net Assets: $81,835,031
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND ASSESSMENTS
Revenue
$1,695,211
REGISTRATION EVENT FEES
Revenue
$178,531
MISCELLANEOUS INCOME
Revenue
$132,056
Organization Details
Founding Year
1924
Phone
(814) 863-2809Principal Officer
Paul J Clifford
Main Address
HINTZ ALUMNI CENTER, UNIVERSITY PARK, PA, 168021439
Website
www.alumni.psu.eduNTEE Category
Code: B840 - Education
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