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South Dakota State University Alumni Association

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

EIN: 411866674 ✦ Brookings, SD ✦ Designated as a 501(c)(3)

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Overview

What is South Dakota State University Alumni Association?

The South Dakota State University Alumni Association is a nonprofit organization situated at 815 Medary Ave, Brookings, SD 57006. Their primary objective is to cultivate a sense of unity and camaraderie among the university's alumni, faculty, students, and former students. They strive to accomplish this mission by fostering loyalty and fellowship through various activities and initiatives. With a team of five dedicated individuals, they work tirelessly to strengthen the connections between the university community, promoting a sense of belonging and support.


Official website here: www.statealum.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Star rating)

The South Dakota State University Alumni Association has received a Three-Star rating from Charity Navigator, indicating an overall score of 75%. This score reflects a strong emphasis on accountability and finance, with the charity achieving full marks in several key areas, including independent board members and financial oversight practices. The organization appears to manage its assets responsibly, with no material diversion reported.

Strengths highlighted in the evaluation include a fully independent board and comprehensive policies in place for conflict of interest, whistleblower protections, and document retention. The alumni association's financial statements are also audited, which adds to its credibility. Furthermore, transparency is emphasized through posting tax forms and board meeting minutes on its website.

However, the charity's program expense ratio of 52.86% indicates that slightly less than half of its expenses are directed towards program services, which may suggest room for improvement in maximizing the impact of its resources. The liabilities to assets ratio of 54.79% could also raise concerns regarding financial leverage, indicating that just over half of its assets are financed through liabilities. Overall, while the organization demonstrates solid governance and accountability, there are areas to enhance its operational efficiency.


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

Is South Dakota State University Alumni Association legitimate?

South Dakota State University Alumni Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Dakota State 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: $151,829
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,570

For more financial information, click here


Official website here: www.statealum.com

What is the mission statement of South Dakota State University Alumni Association?

The South Dakota State University Alumni Association's mission is centered around cultivating loyalty and fostering a sense of fellowship among its alumni, faculty, current students, and former students. This association works tirelessly to strengthen the bond between its diverse members, promoting a sense of unity and shared experiences.


Official website here: www.statealum.com

Who is the CEO of South Dakota State University Alumni Association?

Unavailable The CEO's salary of South Dakota State University Alumni Association is $151,829 and their total compensation is $167,240.


Official website here: www.statealum.com

What is the revenue of South Dakota State University Alumni Association?

South Dakota State University Alumni Association's revenue in 2022 was $1,119,740.


Official website here: www.statealum.com

Who are the executives of South Dakota State University Alumni Association and what are their salaries?

The average compensation at South Dakota State University Alumni Association during 2022 was $79,880. There are 5 employees at South Dakota State University Alumni Association.


Here are 17 key members and their salaries (South Dakota State University Alumni Association's CEO's salary is $151,829 and their total compensation is $167,240):


Andi Fouberg (President & Ceo)
  • Compensation: $151,829
  • Related: $0
  • Other: $15,411
Julie Mooney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Brozik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Standiford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Carnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trisha Hadrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Roby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Dietz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Jaspers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Halbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Goehring (Immediate Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Seeley (Secretary- Trea)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Deboer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Clarke (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.statealum.com

Where can I find the form 990 for South Dakota State University Alumni Association?

South Dakota State University Alumni Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.statealum.com

Learn more at the official website: www.statealum.com

Mission Statement of South Dakota State University Alumni Association

The South Dakota State University Alumni Association, in essence, aims to cultivate strong bonds and camaraderie among its alumni, faculty, current students, and former students. Its mission is centered around fostering loyalty and fellowship, establishing a sense of unity among this diverse group of individuals who share a common connection to South Dakota State University. By doing so, the association seeks to create a supportive and interactive network that extends beyond the university's campus, thereby enriching the experiences of its members.

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Impact




July, 2024

The South Dakota State University Alumni Association's impact is evident in its efforts to foster loyalty and fellowship among South Dakota State University alumni, faculty, students, and former students. Through various programs and initiatives, the association helps to strengthen the bond between members of the university community and enhance the overall experience and connection to the institution.




This information is meant to be a general summary of South Dakota State 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.

Revenue
$1,119,740 (2022)
Expenses
$1,116,625 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $202
  • Program Service Revenue: $262,130
  • Gross Receipts: $1,119,740

Assets and Liabilities:

  • Total Assets: $947,653
  • Total Liabilities: $502,412
  • Net Assets: $445,241

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Programs

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

Lounge Rental

Revenue

$25,425

Miscellaneous Income

Revenue

$30,084

Registration Receipts

Revenue

$97,265

Sponsorship Income

Revenue

$57,275

Tour Royalties

Revenue

$52,081

Organization Details

Main Address

815 Medary Ave, Brookings, SD, 57006

NTEE Category

Code: B84Z - Education

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