Overview
What is Alumni Association Of The University Of Mississippi?
The Alumni Association of the University of Mississippi is a nonprofit organization, situated in Oxford, Mississippi. With a primary address at 651 Grove Loop, this association aims to bolster the University of Mississippi by offering top-notch programs and services that foster improved communication and establish mutually beneficial relationships among its alumni, faculty, staff, and students. The organization's mission is multifaceted, focusing on enhancing the university's strength through departmental support, program recognition, and awards. This association plays a significant role in connecting and supporting the university community, contributing to its overall growth and success.
Official website here: www.olemissalumni.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
The Alumni Association Of The University Of Mississippi has achieved a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The score reflects positive attributes such as a fully independent board and robust financial oversight practices, which suggest that the organization is well-managed and transparent in its operations.
Strengths include a high program expense ratio of 76.34%, demonstrating that a significant portion of its funds are directed towards its mission-related activities. Additionally, the organization has maintained a low liabilities to assets ratio of 9.35%, signaling solid financial stability and the ability to manage its obligations effectively. The absence of material diversion of assets further strengthens its credibility.
However, there are some limitations noted in the data. The organization lacks a whistleblower policy, which could impact perceptions of governance and accountability. Furthermore, the fundraising efficiency ratio indicates room for improvement, as it suggests that fundraising efforts may not be as effective as they could be. Overall, the association shows a commendable commitment to its financial practices while also having areas to enhance its governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Alumni Association Of The University Of Mississippi legitimate?
Alumni Association Of The University Of Mississippi is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alumni Association Of The University Of Mississippi 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: $441,883
For more financial information, click here
Official website here: www.olemissalumni.com
What is the mission statement of Alumni Association Of The University Of Mississippi?
The Alumni Association of the University of Mississippi's mission is to strengthen the university by providing top-notch programs and services that enhance communication and foster mutually beneficial relationships among alumni, friends, faculty, staff, and students. This is achieved through quality initiatives that promote interaction and shared benefits. The association's mission is to enrich the University of Mississippi community as a whole. They contribute to the university's general support and departmental needs, recognize outstanding programs and award deserving individuals.
Official website here: www.olemissalumni.com
Who is the CEO of Alumni Association Of The University Of Mississippi?
Kirk Purdom is the Vice President of Alumni Association Of The University Of Mississippi.
Official website here: www.olemissalumni.com
What is the revenue of Alumni Association Of The University Of Mississippi?
Alumni Association Of The University Of Mississippi's revenue in 2022 was $4,398,999.
Official website here: www.olemissalumni.com
Who are the executives of Alumni Association Of The University Of Mississippi and what are their salaries?
There 76 volunteers at Alumni Association Of The University Of Mississippi.
Here are 18 key members and their salaries:
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Official website here: www.olemissalumni.com
Where can I find the form 990 for Alumni Association Of The University Of Mississippi?
Alumni Association Of The University Of Mississippi's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.olemissalumni.com
Learn more at the official website: www.olemissalumni.com
Mission Statement of Alumni Association Of The University Of Mississippi
The Alumni Association of the University of Mississippi aims to bolster the institution through a variety of high-quality programs and services. Their mission is centered around enhancing communications and fostering mutually beneficial relationships among alumni, friends, faculty, staff, and students. By providing such programs and services, they strive to create a strong network that benefits all parties involved. This association plays a significant role in supporting the University of Mississippi as a whole, as well as offering departmental assistance and recognizing outstanding programs and individuals.
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Impact
July, 2024
The impact of the Alumni Association of the University of Mississippi is significant in strengthening the university through quality programs and services that enhance communication and build mutually beneficial relationships among its alumni, friends, faculty, staff, and students. By providing general support, departmental support, programs recognition, and awards to the University of Mississippi, the association plays a key role in fostering a sense of community and support among its constituents. Additionally, the association's mission to enhance communication and build relationships contributes to the overall educational experience and success of the university.
This information is meant to be a general summary of Alumni Association Of The University Of Mississippi. 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: $551,609
- Program Service Revenue: $2,246,399
- Gross Receipts: $4,434,356
Assets and Liabilities:
- Total Assets: $10,211,625
- Total Liabilities: $692,567
- Net Assets: $9,519,058
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BANQUET AND CAFE REVENUE
Revenue
$1,467,421
OTHER REVENUE
Revenue
$686,911
ADVERTISING
Revenue
$65,432
TRAVEL COMMISSIONS/ROYALTIES
Revenue
$15,105
ALUMNI EVENT FUNDING
Revenue
$11,530
Organization Details
Founding Year
1937
Phone
(662) 915-7375Principal Officer
Kirk Purdom
Main Address
651 GROVE LOOP, OXFORD, MS, 38655
Website
www.olemissalumni.comNTEE Category
Code: B84Z - Education
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