Overview
What is Ms Valley State National Alumni Association Inc?
Ms. Valley State National Alumni Association Inc, based in Itta Bena, Mississippi, serves as a bridge between Mississippi Valley State University and its alumni, as well as the general public. Their primary objective is to maintain a strong bond between the university, its graduates, and the community at large. This is achieved through various initiatives, such as supporting the institution's mission and policies, fostering close relationships, and encouraging projects that cater to the university's needs. Ultimately, their goal is to build and sustain trust between the two entities, thereby enhancing mutual understanding and affection. The association also strives to financially support the educational mission and programs of Mississippi Valley State University.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
The Ms Valley State National Alumni Association Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its Accountability and Finance. The charity's score is entirely based on this single beacon, with an Accountability & Finance score of just 50%. This rating highlights issues such as the absence of independent board members, lack of essential policies, and missing documentation, which are critical for transparency and governance.
While the organization excels in its Program Expense Ratio at 89.26%, indicating that a substantial majority of its expenses are directed towards its programs, the overall financial accountability is compromised due to the noted deficiencies. The absence of independent board members and missing policies can hinder effective oversight and ethical management, raising concerns about the organization's governance structure.
Additionally, the charity is lacking in essential disclosures, such as posting its tax form on its website and maintaining board meeting minutes. Such shortcomings detract from the trust that donors and beneficiaries might have in the organization. Overall, while the Ms Valley State National Alumni Association has commendable program spending, the significant governance and transparency issues indicated by its low score warrant careful consideration from potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Ms Valley State National Alumni Association Inc legitimate?
Ms Valley State National Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ms Valley State National 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
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What is the mission statement of Ms Valley State National Alumni Association Inc?
The Mississippi Valley State University National Alumni Association Inc's mission is centered around fostering a strong connection between the university, its alumni, and the public. Their primary goal is to promote understanding and affection among these groups by maintaining close relationships. They additionally encourage projects that align with the university's mission and policies, serving as a bridge between the institution's needs and the public. The association's primary mission is to financially support the educational programs at Mississippi Valley State University.
Who is the CEO of Ms Valley State National Alumni Association Inc?
Jerry D Redmond Jr is the President of Ms Valley State National Alumni Association Inc.
What is the revenue of Ms Valley State National Alumni Association Inc?
Ms Valley State National Alumni Association Inc's revenue in 2022 was $536,450.
Who are the executives of Ms Valley State National Alumni Association Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Ms Valley State National Alumni Association Inc?
Ms Valley State National Alumni Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ms Valley State National Alumni Association Inc
The Mississippi Valley State University National Alumni Association Inc, in its mission, aims to promote and uphold the values and ideals of Mississippi Valley State University. It strives to bridge the gap between the institution, its alumni, and the general public, fostering a sense of unity and mutual understanding. The association encourages projects that align with the university's mission and policies, serving as a bridge between the institution's needs and the supporting public. By maintaining these close relationships, the Mississippi Valley State University National Alumni Association Inc works to build and sustain confidence between the two parties. Ultimately, the primary objective of this nonprofit organization is to financially support the educational mission and programs of Mississippi Valley State University.
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Impact
July, 2024
The impact of the Mississippi Valley State National Alumni Association Inc is evident in its efforts to financially support the educational mission and programs of Mississippi Valley State University. By fostering ideas and principles that enhance understanding and affection among the University, alumni, and the general public, the association plays a crucial role in maintaining close relations and conveying the needs of the institution to the supporting public. Through projects that support the mission and policies of Mississippi Valley State University, the association helps build confidence and support for the university within the community. Overall, the association's work contributes to the success and advancement of Mississippi Valley State University's educational initiatives.
This information is meant to be a general summary of Ms Valley State National 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $376
- Program Service Revenue: $268,998
- Gross Receipts: $536,450
Assets and Liabilities:
- Total Assets: $594,515
- Total Liabilities: $0
- Net Assets: $594,515
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$268,998
Organization Details
Founding Year
1954
Phone
(601) 629-8922Principal Officer
Jerry D Redmond Jr
Main Address
P O BOX 401, ITTA BENA, MS, 38941
NTEE Category
Code: B84 - Education
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