Overview
What is University Of Maryland Alumni Association-International Inc?
The University of Maryland Alumni Association-International Inc, situated at 10005 Rhode Island Avenue, College Park, Maryland, is a committed nonprofit organization. Its primary role involves supporting and promoting the University System of Maryland's institutions. This support is extended through the provision of scholarships to students and grants to alumni associations within the system. In essence, the association aims to advance, promote, and enhance the teaching, service, and research missions of the University System of Maryland, thereby contributing to the overall development of its institutions and students.
Official website here: www.aa-i.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
The University of Maryland Alumni Association-International Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. This score reflects a strong emphasis on financial responsibility, with a notable Accountability & Finance score of 75%. The organization demonstrates effective governance with a fully independent board, ensuring that all board members are not affiliated with the organization, contributing to transparency.
Strengths of the association include its high program expense ratio of 69.33%, indicating that a significant portion of its funds is allocated towards its programs. Additionally, the organization shows no material diversion of assets and maintains a favorable liabilities to assets ratio of 0.57%, which suggests sound financial health. The presence of documented board meeting minutes and the listing of the website on the tax form further highlight the organization’s commitment to accountability.
However, there are areas for improvement, particularly the absence of critical policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which are currently missing. Addressing these gaps would enhance the association’s governance practices and overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Maryland Alumni Association-International Inc legitimate?
University Of Maryland Alumni Association-International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Maryland Alumni Association-International Inc 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.
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Official website here: www.aa-i.org
What is the mission statement of University Of Maryland Alumni Association-International Inc?
The University of Maryland Alumni Association-International Inc's mission is centered around promoting and enhancing the educational mission of the University System of Maryland. This is achieved through two primary means: providing grants to various alumni associations within the system and offering scholarships to students enrolled in the University System of Maryland. The association's dedication is to support and bolster the teaching, service, and research initiatives of the university system, thereby contributing to its overall advancement.
Official website here: www.aa-i.org
Who is the CEO of University Of Maryland Alumni Association-International Inc?
Patrick Donahue is the President/Member of University Of Maryland Alumni Association-International Inc.
Official website here: www.aa-i.org
What is the revenue of University Of Maryland Alumni Association-International Inc?
University Of Maryland Alumni Association-International Inc's revenue in 2022 was $583,419.
Official website here: www.aa-i.org
Who are the executives of University Of Maryland Alumni Association-International Inc and what are their salaries?
There 13 volunteers at University Of Maryland Alumni Association-International Inc.
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Official website here: www.aa-i.org
Where can I find the form 990 for University Of Maryland Alumni Association-International Inc?
University Of Maryland Alumni Association-International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aa-i.org
Learn more at the official website: www.aa-i.org
Mission Statement of University Of Maryland Alumni Association-International Inc
The University of Maryland Alumni Association-International Inc is committed to fostering the growth, recognition, and improvement of the teaching, service, and research missions at the University System of Maryland. In pursuit of this goal, the organization takes an active role in promoting the institutions within the University System of Maryland. One of their key initiatives involves awarding scholarships to deserving students, thereby contributing to their academic journey. Additionally, the organization extends financial support to Alumni Associations within the University System of Maryland through grant distribution. By doing so, they help strengthen the connections between the university and its former students, while also aiding in the development of future leaders in the field. Overall, the University of Maryland Alumni Association-International Inc plays a significant role in the advancement of the University System of Maryland, enhancing its educational and research capabilities.
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Impact
July, 2024
University Of Maryland Alumni Association-International Inc's impact is significant as it provides grants to University System of Maryland alumni associations and scholarships to University System of Maryland students. By supporting and promoting the institutions within the University System of Maryland, this organization plays a crucial role in advancing the teaching, service, and research missions of the university system. Through their efforts in awarding scholarships and grants, they are contributing to the education and development of students as well as supporting the broader alumni community.
This information is meant to be a general summary of University Of Maryland Alumni Association-International Inc. 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: $583,419
- Gross Receipts: $583,419
Assets and Liabilities:
- Total Assets: $5,912,511
- Total Liabilities: $31,140
- Net Assets: $5,881,371
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Organization Details
Founding Year
1978
Phone
(301) 441-9300Principal Officer
Patrick Donahue
Main Address
10005 RHODE ISLAND AVENUE, COLLEGE PARK, MD, 207401141
Website
www.aa-i.orgNTEE Category
Code: B84Z - Education
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