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Concord University Alumni Association Inc

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

EIN: 550460099 ✦ Athens, WV ✦ Designated as a 501(c)(3)

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Overview

What is Concord University Alumni Association Inc?

Concord University Alumni Association Inc, based in Athens, West Virginia, serves as a platform for fostering lasting connections between the university's alumni, faculty, students, and supporters. Their primary mission is to celebrate shared experiences and strengthen bonds, while also actively contributing to the growth and development of Concord University. This is achieved through various initiatives, such as fundraising for scholarships and providing support services to the institution. Alumni play a crucial role in this endeavor, contributing financially and offering their expertise to help shape the university's future.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating indicates that while the Concord University Alumni Association Inc demonstrates some strengths in its accountability and financial practices, there are significant areas for improvement. The organization has a strong program expense ratio of 90.15%, indicating that a large portion of its expenditures goes directly to its programs.

However, the organization lacks critical governance policies, including a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, which could raise concerns regarding transparency and accountability. Despite having an independent board with no material diversion of assets, these missing policies have contributed to its lower rating.

Overall, while the Concord University Alumni Association Inc showcases solid financial health and a commitment to its mission, the absence of essential governance frameworks might limit its effectiveness and could be a point of concern for potential donors and supporters looking for a fully accountable nonprofit.


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

Is Concord University Alumni Association Inc legitimate?

Concord University Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord University Alumni Association 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.


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 Concord University Alumni Association Inc?

The Concord University Alumni Association Inc's mission is centered around promoting Concord University. They achieve this by leveraging the support and involvement of alumni. This includes providing scholarships and offering various support services to foster the institution's growth and development. The association also aims to cultivate lasting relationships among alumni, faculty, students, and other university affiliates, all while organizing activities that enrich these connections.

Who is the CEO of Concord University Alumni Association Inc?

Blake Farmer is the Director of Concord University Alumni Association Inc.

What is the revenue of Concord University Alumni Association Inc?

Concord University Alumni Association Inc's revenue in 2022 was $24,949.

Who are the executives of Concord University Alumni Association Inc and what are their salaries?

There 31 volunteers at Concord University Alumni Association Inc.


Here are 6 key members and their salaries:


Blake Farmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Tice (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Farmer (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Frey (Second Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Darlington (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shea Boothe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Concord University Alumni Association Inc?

Concord University Alumni Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Concord University Alumni Association Inc

The Concord University Alumni Association Inc is committed to promoting the growth and development of Concord University. They accomplish this mission by engaging alumni, faculty, students, and friends of the institution in activities that foster positive memories and friendships. Furthermore, this nonprofit organization provides support services to the university, often in the form of scholarships. By doing so, the Concord University Alumni Association Inc plays a vital role in maintaining the university's reputation and contributing to its future success.

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Impact




August, 2024

Concord University Alumni Association Inc's impact is significant in promoting Concord University through its alumni network. The association provides scholarships and support services for the institution, helping to enhance the educational experience for current and future students. By organizing activities that foster camaraderie among alumni, faculty, students, and friends of the university, the association contributes to the growth and development of Concord University. Its work not only strengthens the sense of community within the university but also plays a vital role in supporting educational opportunities and advancement.




This information is meant to be a general summary of Concord University Alumni Association 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.

Revenue
$24,949 (2022)
Expenses
$9,681 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $24,949

Assets and Liabilities:

  • Total Assets: $47,641
  • Total Liabilities: $0
  • Net Assets: $47,641

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Organization Details

Founding Year

1951

Principal Officer

Blake Farmer

Main Address

PO BOX 1000 CAMPUS BOX 83, ATHENS, WV, 24712

NTEE Category

Code: B84Z - Education

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