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Alabama Association Of Independent Colleges And Universities

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

EIN: 630422143 ✦ Montgomery, AL ✦ Designated as a 501(c)(3)

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Overview

What is Alabama Association Of Independent Colleges And Universities?

The Alabama Association of Independent Colleges and Universities is a nonprofit organization situated in Montgomery, Alabama. Its primary mission is to foster support for the state's independent colleges and universities, emphasizing the significance of independent higher education in addressing Alabama's educational, cultural, and economic needs. To achieve this objective, the association solicits contributions from businesses and distributes these funds to member institutions as scholarships. The association's activities are geared towards promoting a greater appreciation of independent higher education and its vital role in the state's development.


Official website here: www.aaicu.net

Is Alabama Association Of Independent Colleges And Universities legitimate?

Alabama Association Of Independent Colleges And Universities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alabama Association Of Independent Colleges And Universities 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: $190,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,300

For more financial information, click here


Official website here: www.aaicu.net

What is the mission statement of Alabama Association Of Independent Colleges And Universities?

The Alabama Association of Independent Colleges and Universities aims to foster support for the state's independent educational institutions. Their mission is to promote a broader understanding and appreciation of the significance of independent higher education to Alabama's educational, cultural, and economic needs. They achieve this by soliciting contributions from businesses and distributing these funds as scholarships to member colleges and universities. This association serves to elevate the importance of independent education within the state.


Official website here: www.aaicu.net

Who is the CEO of Alabama Association Of Independent Colleges And Universities?

Paul Hankins is the Academic Board Member of Alabama Association Of Independent Colleges And Universities.


Official website here: www.aaicu.net

What is the revenue of Alabama Association Of Independent Colleges And Universities?

Alabama Association Of Independent Colleges And Universities's revenue in 2022 was $494,582.


Official website here: www.aaicu.net

Who are the executives of Alabama Association Of Independent Colleges And Universities and what are their salaries?


Here are 19 key members and their salaries:


Dr Michael C Turner (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Beck Taylor (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Daniel Coleman (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr E Joseph Lee Ii (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mitch Henry (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Cynthia Warrick (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr Cam West (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Gregory Vincent (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Bobbie Knight (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Charlotte Morris (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Leslie Pollard (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Thomas J Rosandich (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Dave Borden (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Harrell Freeman (Academic Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Robert Campbell Iii (Business Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Chap Jackson (Business Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Mike Dunn (Business Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Miller Kreider (Business Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
General Paul Hankins (Executive Director)
  • Compensation: $198,823
  • Related: $0
  • Other: $10,000


Official website here: www.aaicu.net

Where can I find the form 990 for Alabama Association Of Independent Colleges And Universities?

Alabama Association Of Independent Colleges And Universities's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aaicu.net

Learn more at the official website: www.aaicu.net

Mission Statement of Alabama Association Of Independent Colleges And Universities

The Alabama Association of Independent Colleges and Universities, abbreviated as AAICU, is an organization with a mission to foster support for Alabama's independent institutions of higher education. Recognizing the significant role that these institutions play in meeting the educational, cultural, and economic needs of the state, AAICU works diligently to promote a greater appreciation for independent higher education.

In pursuit of this mission, AAICU engages in various activities. One of its primary initiatives involves soliciting contributions from businesses and distributing these funds as scholarships to member colleges and universities. This strategy not only supports the financial well-being of these institutions but also provides opportunities for deserving students to access quality education.

In essence, the Alabama Association of Independent Colleges and Universities serves as a bridge between businesses and independent colleges and universities, facilitating financial support and fostering a greater understanding of the significance of independent higher education in Alabama. By promoting these institutions and the benefits they offer, AAICU contributes to the overall development and prosperity of the state.

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Impact




October, 2024

The Alabama Association of Independent Colleges and Universities plays a crucial role in supporting the state's independent higher education institutions. By advocating for these colleges and universities, the association raises awareness of their significance to Alabama's educational, cultural, and economic landscape.

One of its key initiatives involves soliciting contributions from businesses, which are then distributed as scholarships to member colleges and universities. This financial assistance helps to alleviate the burden on students and encourages access to higher education.

Through its efforts, the association fosters a greater appreciation for independent higher education and emphasizes its critical role in meeting the needs of Alabama's diverse communities. By building support around these institutions, the association not only enhances educational opportunities but also contributes to the overall growth and development of the state.




This information is meant to be a general summary of Alabama Association Of Independent Colleges And Universities. 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
$494,582 (2022)
Expenses
$514,843 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$25,135
  • Gross Receipts: $529,664

Assets and Liabilities:

  • Total Assets: $592,379
  • Total Liabilities: $21,015
  • Net Assets: $571,364

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Organization Details

Founding Year

1956

Principal Officer

Paul Hankins

Main Address

4266 LOMAC STREET, MONTGOMERY, AL, 36106

NTEE Category

Code: B42J - Education

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