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Southern Arkansas 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: 621682145 ✦ Magnolia, AR ✦ Designated as a 501(c)(3)

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Overview

What is Southern Arkansas University Alumni Association?

The Southern Arkansas University Alumni Association is a nonprofit organization located in Magnolia, Arkansas. Their primary mission is to foster a sense of pride among Southern Arkansas University graduates, encouraging their involvement in university events. To achieve this, they focus on strengthening connections between alumni, former students, and friends, offering engaging opportunities to increase awareness and support for the university, and encouraging greater participation from members. The association's headquarters can be found at 100 E UNIVERSITY MSC 9416, Magnolia, AR 71753.


Official website here: www.saualumni.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 43% (Zero-Star out of Four Star rating)

The Southern Arkansas University Alumni Association has received a score of 43%, resulting in a Zero-Star rating based entirely on its Accountability & Finance metrics. The evaluation for FY2023 highlights significant strengths in governance, with a fully independent board and no material diversion of assets, demonstrating a commitment to responsible financial oversight.

However, the organization faces critical limitations reflected in its financial ratios. Notably, the liabilities exceed assets by 115.22%, and only 22.53% of its expenses are allocated to programs. These figures indicate potential financial instability and limited investment in its mission-driven work, raising concerns about the sustainability and effectiveness of the organization’s operations.

Additionally, the absence of a whistleblower and document retention policies undermines the organization's accountability framework. While it has met various transparency measures, such as posting necessary documents and policies on its website, these gaps suggest a need for improvement in governance practices to enhance overall performance and trustworthiness.


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

Is Southern Arkansas University Alumni Association legitimate?

Southern Arkansas University Alumni Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Arkansas 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: $78,296
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,913

For more financial information, click here


Official website here: www.saualumni.com

What is the mission statement of Southern Arkansas University Alumni Association?

The Southern Arkansas University Alumni Association's mission is focused on strengthening the connection with its alumni, former students, and supporters. This is achieved by fostering meaningful engagement opportunities, increasing awareness and support for the university, and encouraging member participation. By doing so, the association aims to promote interest in Southern Arkansas University, fostering a sense of pride among graduates and encouraging participation in university events.


Official website here: www.saualumni.com

Who is the CEO of Southern Arkansas University Alumni Association?

Shawana Reed is the Member of Southern Arkansas University Alumni Association.


Official website here: www.saualumni.com

What is the revenue of Southern Arkansas University Alumni Association?

Southern Arkansas University Alumni Association's revenue in 2022 was -$23,607.


Official website here: www.saualumni.com

Who are the executives of Southern Arkansas University Alumni Association and what are their salaries?


Here are 21 key members and their salaries:


John Armour (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Arnold (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sorronto Aubrey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Barnes (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chelsa Carr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Freedman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drake Frisby (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Galway (Secretary-Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Garrett (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Allen Hendricks (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karlene Hooker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ledly Jennings (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Joplin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genese Lavalais (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Morris (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Myrick (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Nipper (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilton Stewart (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxane Stewart (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Thomas (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.saualumni.com

Where can I find the form 990 for Southern Arkansas University Alumni Association?

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


Official website here: www.saualumni.com

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

Mission Statement of Southern Arkansas University Alumni Association

The Southern Arkansas University Alumni Association's mission is centered around fostering a strong connection between its alumni, former students, and supporters. By providing meaningful engagement opportunities, the organization aims to increase awareness and support for Southern Arkansas University. Furthermore, the association strives to boost member participation, encouraging alumni to engage with university events and activities. By promoting pride among graduates, the Alumni Association seeks to foster a sense of community and commitment among its members, ultimately strengthening the bond between Southern Arkansas University and its alumni.

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Impact




October, 2024

The Southern Arkansas University Alumni Association significantly enhances the connection among alumni, former students, and friends of the university. By fostering meaningful engagement opportunities, the association not only strengthens ties but also promotes a spirit of pride among graduates. Through various initiatives and events, they cultivate awareness and support for Southern Arkansas University, encouraging active participation from members. This vibrant community creates a supportive network that enriches the experiences of all connected to the university, ultimately contributing to a shared sense of belonging and ongoing commitment to the institution's success.




This information is meant to be a general summary of Southern Arkansas 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
-$23,607 (2022)
Expenses
$279,314 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,971
  • Gross Receipts: $1,958,146

Assets and Liabilities:

  • Total Assets: $20,587,087
  • Total Liabilities: $23,282,682
  • Net Assets: -$2,695,595

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Organization Details

Founding Year

1994

Principal Officer

Shawana Reed

Main Address

100 E UNIVERSITY MSC 9416, MAGNOLIA, AR, 71753

NTEE Category

Code: B84 - Education

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