Civic Intelligence

Minnesota State University Moorhead Alumni Foundation Inc

990 • Fiscal year 2022 • EIN 23-7101061

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 08, 2022

Organization ProfileALUMNI.MNSTATE.EDU

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1104 7th Ave SMoorhead, MN 56563

(218) 477-2089

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.05x

Higher debt load relative to assets than 22% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

23rd percentile

0.12x

Higher debt load relative to revenue than 23% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

97th percentile

81%

Higher net margin than 97% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

15th percentile

$165,909

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

34th percentile

-5.4%

Faster asset growth than 34% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

139%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Down

$54,713,743

Down $3,124,149 (-5.4%) from 2021

Net Assets

Down

$52,042,654

Down $2,818,561 (-5.1%) from 2021

Liabilities

Down

$2,671,089

Down $305,588 (-10%) from 2021

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin97th percentile

Revenue

Up

$22,543,778

Up $13,127,774 (+139%) from 2021

Expenses

Up

$4,300,248

Up $323,281 (+8.1%) from 2021

Net Income

Up

$18,243,530

Up $12,804,493 (+235%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2013: $24,178,746Liabilities 2013: $4,985,719Net Assets 2013: $19,193,0272013Assets 2014: $27,087,128Liabilities 2014: $3,731,474Net Assets 2014: $23,355,6542014Assets 2015: $32,907,607Liabilities 2015: $4,556,055Net Assets 2015: $28,351,5522015Assets 2016: $33,855,857Liabilities 2016: $4,513,684Net Assets 2016: $29,342,1732016Assets 2017: $37,835,408Liabilities 2017: $4,375,888Net Assets 2017: $33,459,5202017Assets 2018: $38,654,732Liabilities 2018: $3,494,969Net Assets 2018: $35,159,7632018Assets 2020: $47,050,526Liabilities 2020: $3,115,413Net Assets 2020: $43,935,1132020Assets 2021: $57,837,892Liabilities 2021: $2,976,677Net Assets 2021: $54,861,2152021Assets 2022: $54,713,743Liabilities 2022: $2,671,089Net Assets 2022: $52,042,6542022Assets 2023: $57,080,593Liabilities 2023: $2,620,920Net Assets 2023: $54,459,6732023Assets 2025: $77,517,197Liabilities 2025: $8,177,056Net Assets 2025: $69,340,1412025

Highlighted filing

2022

Assets$54,713,743
Liabilities$2,671,089
Net Assets$52,042,654
Open 2022 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2013: $2,753,5432013Revenue 2014: $6,609,918Expenses 2014: $3,108,572Net Income 2014: $3,501,3462014Revenue 2015: $10,257,552Expenses 2015: $4,266,468Net Income 2015: $5,991,0842015Revenue 2016: $4,111,978Expenses 2016: $3,481,509Net Income 2016: $630,4692016Revenue 2017: $6,039,765Expenses 2017: $3,497,481Net Income 2017: $2,542,2842017Revenue 2018: $5,875,849Expenses 2018: $4,385,418Net Income 2018: $1,490,4312018Revenue 2020: $4,898,144Expenses 2020: $3,906,471Net Income 2020: $991,6732020Revenue 2021: $9,416,004Expenses 2021: $3,976,967Net Income 2021: $5,439,0372021Revenue 2022: $22,543,778Expenses 2022: $4,300,248Net Income 2022: $18,243,5302022Revenue 2023: $4,286,839Expenses 2023: $5,008,513Net Income 2023: -$721,6742023Revenue 2025: $14,600,143Expenses 2025: $5,993,156Net Income 2025: $8,606,9872025

Highlighted filing

2022

Revenue$22,543,778
Expenses$4,300,248
Net Income$18,243,530
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 8, 2022
Return Version
2021v4.2
Gross Receipts
$68,924,875
Mission and Program Overview

Mission

We create opportunities for generations of msum students by inspiring alumni and friends to connect, engage and give.

Provide student scholarships, department support and alumni activities for msum.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$44,425,229$43,231,537▼ $1,193,692
Savings and Temporary Cash Investments$3,817,607$3,909,578▲ $91,971
Pledges and Grants Receivable$5,261,642$3,702,616▼ $1,559,026
Investments Other Securities$2,866,664$2,533,620▼ $333,044
Land, Buildings, and Equipment, Net$1,466,550$1,335,216▼ $131,334
Accounts Receivable$200$1,175▲ $975
Cash and Non-Interest-Bearing Accounts-$1-
Total Assets$57,837,892$54,713,743▼ $3,124,149
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,049,359$1,879,096▼ $170,263
Other Liabilities$701,394$683,739▼ $17,655
Accounts Payable and Accrued Expenses$225,924$108,254▼ $117,670
Total Liabilities$2,976,677$2,671,089▼ $305,588
Net Assets / Fund Balance
Net Assets With Donor Restrictions$50,584,646$47,546,235▼ $3,038,411
Net Assets Without Donor Restrictions$4,276,569$4,496,419▲ $219,850
Total Net Assets Fund Balance$54,861,215$52,042,654▼ $2,818,561
Total Liabilities and Net Assets / Fund Balance$57,837,892$54,713,743▼ $3,124,149

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,335,216$2,604,784$3,940,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$36,064,204$4,045,349▼ $6,329,777$122,598$33,039,577
2020$29,786,644$491,243▲ $6,584,563$91,597$36,064,204
2019$29,182,942$3,122,523▼ $994,772$1,003,592$29,786,644
2018$24,498,380$2,352,610▲ $2,891,983$84,254$29,182,942
2017$22,260,811$1,404,231▲ $1,333,401$118,641$24,498,380
Compensation and Service Providers
Top Officer Pay15th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jared MillerAssistant VP of DevelopmentFT$159,912$5,997$165,909
Nannette BoeDirector of Finance and AdministrationFT$112,699$5,269$117,968
Jenni WalthallSenior Director of DevelopmentFT$105,455$5,424$110,879

Board Members and Trustees

NameTitle
Brad WimmerPast President
Jan MahoneyPresident
Adam BernierVice President
Brian FrenchDirector
Corey WaltherDirector
Dayna Del ValDirector
Ellen CaseDirector
Gregory LofDirector
Janet LessemDirector
Jeannie CamarilloDirector
Jenni HuotariDirector
Judd GrahamDirector
Kerstin KealyDirector
Leah ClemedtsonDirector
Lisa GieseDirector
Mike DeconciniDirector
Peter BolognaDirector
Peter GeibDirector
Stacy BromanDirector
Tanya DickinsonDirector
Tara BaltesDirector
Tonya StendeDirector
Gary HaugoExecutive Director
Ron GrahamSecretary
Tim SaylerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,396,094
Program Service Revenue
$0
Investment Income
$15,862,334
Other Revenue
$285,350
All Other Contributions
$6,214,094
Change in Net Assets
$18,243,530

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$4,233,208Fair Market Value (FMV)
Total Noncash Contributions4$4,233,208-

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,406,351
Revenue Not Reported on Financial Statements
$137,427
Revenue Not Reported on Form 990
$-21,018,101
Total Revenue per Audited Statements
$1,388,250
Total Revenue per Form 990
$22,543,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,051,042
Salaries, Compensation, and Employee Benefits$1,430,875
Total Fundraising Expense$907,882
Other Expenses$818,331
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,051,042--$2,051,042
Other Salaries and Wages$240,220$303,679$355,314$899,213
Current Officers, Directors, Trustees, and Key Employees$90,212$130,973$163,351$384,536
Fees for Services Other-$23,249$176,766$200,015
Fees for Service Investment Mgmnt Fees-$137,427-$137,427
Depreciation Depletion$131,334--$131,334
Pension Plan Contributions-$34,871$50,030$84,901
Travel$126$3,330$69,072$72,528
Payroll Taxes$9,407$13,634$39,184$62,225
Interest$58,980--$58,980
Information Technology-$37,699$16,000$53,699
All Other Expenses$11,001$10,516$647$22,164
Fees for Services Accounting-$19,298-$19,298
Other Expenses$3,950$14,812$14,746$14,812
Insurance-$10,850-$10,850
Conferences and Meetings-$1,950$6,822$8,772
Fees for Services Legal-$4,185-$4,185
Total Functional Expenses$2,624,052$768,314$907,882$4,300,248

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,300,248
Total Expenses per Audited Statements$4,206,811
Expenses per Audited Statements$4,162,821
Expenses Not Reported on Financial Statements$137,427
Expenses Not Reported on Form 990$43,990
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minnesota State University MoorheadMoorhead, MNState of MnTo Assist the University in Awards for Student Scholarships, Departmental Support, Faculty Support and Promoting University Programs.$2,051,042
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$52,809
Gaming Gross Income$3,275
Fundraising Direct Expenses$0
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$103,309$52,809$0$52,809
Total Events$103,309$52,809-$52,809
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuity Obligations$450,398
Life Estate Obligations$158,311
Remainder Trust and Unitrust$75,030

Bond Issues

BondIssuerIssuedIssue PricePurpose
AClay County Minnesota2001-11-30$3,940,000To promote the public welfare by (i) providing safe housing to students

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$3,940,000-$2,060,904-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

“Except as otherwise provided in the bylaws, the executive committee shall have the power to transact all regular business of the alumni foundation during the interim between meetings of the board of directors; provided that any action taken shall not conflict with the policies and expressed wishes of the board of directors, and that the executive committee shall refer all matters of major importance to the full board. The executive committee shall have such other authority and duties as the board of directors or these bylaws may assign from time to time.”

Form 990, Part VI, Section B, Line 11B

“The form 990 was reviewed and approved by the investment & finance and executive committees before filing. After filing the form 990, the public disclosure copy will be sent to all trustees.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is reviewed annually. By way of a signed conflict of interest statement foundation officers, trustees and staff are required to report any potential conflicts of interest to the president of the foundation and the foundation's executive director for review and possible remedial action. Action may result in holding the information on file, informing the board of the appearance of a conflict or requiring the trustee to relinquish foundation trusteeship or requiring the trustee to cease the activity.”

Form 990, Part VI, Section B, Line 15

“The board of directors determines the compensation for any of the oranizations officers or key employees by reviewing salary surveys of peer organizations and employee performance. The executive director is an employee of minnesota state university moorhead. Compensation is determined and paid in accordance to their procedures.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and financial statements are located on the foundation's website.”

Filing and Contact Details

Filer

Filer Name
Minnesota State University
EIN
23-7101061
Phone
2184772089
Address
1104 7TH AVE S, MOORHEAD, MN 56563

Signing Officer

Name
Jan Mahoney
Title
President
Phone
2184772089
Signed
2022-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jan Mahoney
Formed
1969
Legal Domicile
Mn
Voting Board Members
23
Independent Board Members
23
Employees
12
Volunteers
30

Preparer

Firm
Widmer Roel Pc
Address
4220 31ST AVE S, FARGO, ND 58104
Preparer
Tracee S Buethner CPA
Phone
7012376022
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“ROUNDING 1.”

Financial Statement Notes

PART V, LINE 4:

“The endowment funds held by the organization have been established by donors to provide support for ongoing programs of minnesota state university moorhead (msum), scholarship to msum students and to assure a financial basis for future msum and foundation needs.”

PART X, LINE 2:

“The foundation is exempt from the payment of federal income taxes under section 501(c)(3) of the internal revenue code. The foundation is required to record a liability for uncertain tax positions when it is probable that a loss has been incurred and the amount can be reasonable estimated. As of june 30, 2022 and 2021, no such liability existed. Management will continually evaluate expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Gik income 43,990. Rounding 1.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Gik expense 43,990. Rounding”

Raw XML AppendixShowing 400 of 771 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0PROVIDE STUDENT SCHOLARSHIPS, DEPARTMENT SUPPORT AND ALUMNI ACTIVITIES FOR MSUM.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt255997
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt265269
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt275424
IRS990/Form990PartVIISectionAGrp/PersonNm0JAN MAHONEY
IRS990/Form990PartVIISectionAGrp/PersonNm1ADAM BERNIER
IRS990/Form990PartVIISectionAGrp/PersonNm2RON GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm3TIM SAYLER
IRS990/Form990PartVIISectionAGrp/PersonNm4BRAD WIMMER
IRS990/Form990PartVIISectionAGrp/PersonNm5TARA BALTES
IRS990/Form990PartVIISectionAGrp/PersonNm6STACY BROMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7PETER BOLOGNA
IRS990/Form990PartVIISectionAGrp/PersonNm8JEANNIE CAMARILLO
IRS990/Form990PartVIISectionAGrp/PersonNm9ELLEN CASE
IRS990/Form990PartVIISectionAGrp/PersonNm10LEAH CLEMEDTSON
IRS990/Form990PartVIISectionAGrp/PersonNm11MIKE DECONCINI
IRS990/Form990PartVIISectionAGrp/PersonNm12DAYNA DEL VAL
IRS990/Form990PartVIISectionAGrp/PersonNm13TANYA DICKINSON
IRS990/Form990PartVIISectionAGrp/PersonNm14BRIAN FRENCH
IRS990/Form990PartVIISectionAGrp/PersonNm15JUDD GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm16JENNI HUOTARI
IRS990/Form990PartVIISectionAGrp/PersonNm17KERSTIN KEALY
IRS990/Form990PartVIISectionAGrp/PersonNm18JANET LESSEM
IRS990/Form990PartVIISectionAGrp/PersonNm19GREGORY LOF
IRS990/Form990PartVIISectionAGrp/PersonNm20PETER GEIB
IRS990/Form990PartVIISectionAGrp/PersonNm21LISA GIESE
IRS990/Form990PartVIISectionAGrp/PersonNm22TONYA STENDE
IRS990/Form990PartVIISectionAGrp/PersonNm23COREY WALTHER
IRS990/Form990PartVIISectionAGrp/PersonNm24GARY HAUGO
IRS990/Form990PartVIISectionAGrp/PersonNm25JARED MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm26NANNETTE BOE
IRS990/Form990PartVIISectionAGrp/PersonNm27JENNI WALTHALL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25159912
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26112699
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27105455
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25ASSISTANT VP OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR OF FINANCE AND ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt27SENIOR DIRECTOR OF DEVELOPMENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt050500
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt052809
IRS990/GainOrLossGrp/SecuritiesAmt014754980
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt03275
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GovernmentGrantsAmt0131500
IRS990/GrantAmt01443257
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02051042
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02051042
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt061136077
IRS990/GrossReceiptsAmt068924875
IRS990/GrossRentsGrp/RealAmt0229243
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt016000
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt037699
IRS990/InformationTechnologyGrp/TotalAmt053699
IRS990/InsuranceGrp/ManagementAndGeneralAmt010850
IRS990/InsuranceGrp/TotalAmt010850
IRS990/InterestGrp/ProgramServicesAmt058980
IRS990/InterestGrp/TotalAmt058980
IRS990/InvestmentIncomeGrp/ExclusionAmt01107354
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01107354
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02866664
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02533620
IRS990/InvestmentsPubTradedSecGrp/BOYAmt044425229
IRS990/InvestmentsPubTradedSecGrp/EOYAmt043231537
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02604784
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01466550
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01335216
IRS990/LandBldgEquipCostOrOtherBssAmt03940000
IRS990/LegalDomicileStateCd0MN
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IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WE CREATE OPPORTUNITIES FOR GENERATIONS OF MSUM STUDENTS BY INSPIRING ALUMNI AND FRIENDS TO CONNECT, ENGAGE AND GIVE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01879096
IRS990/NetAssetsOrFundBalancesBOYAmt054861215
IRS990/NetAssetsOrFundBalancesEOYAmt052042654
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt014754980
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt014754980
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt052809
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt052809
IRS990/NetIncomeFromGamingGrp/ExclusionAmt03275
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt03275
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0229243
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0229243
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-21540701
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04276569
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04496419
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt04233208
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1PRINTING
IRS990/OtherExpensesGrp/Desc2POSTAGE
IRS990/OtherExpensesGrp/Desc3BOARD EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt01133
IRS990/OtherExpensesGrp/FundraisingAmt114817
IRS990/OtherExpensesGrp/FundraisingAmt214746
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019730
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11693
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2418
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt314812
IRS990/OtherExpensesGrp/ProgramServicesAmt027780
IRS990/OtherExpensesGrp/ProgramServicesAmt13950
IRS990/OtherExpensesGrp/TotalAmt048643
IRS990/OtherExpensesGrp/TotalAmt120460

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$54,713,743
Liabilities
$2,671,089
Net assets
$52,042,654
Revenue
$22,543,778
Expenses
$4,300,248
Net income
$18,243,530
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$77.5$8.18$69.3$14.6$5.99$8.61
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.1$2.62$54.5$4.29$5.01$0.72
2022Detailed filing. Detailed filing data is available for this year.$54.7$2.67$52.0$22.5$4.30$18.2
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.8$2.98$54.9$9.42$3.98$5.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.1$3.12$43.9$4.90$3.91$0.99
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.7$3.49$35.2$5.88$4.39$1.49
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.8$4.38$33.5$6.04$3.50$2.54
2016Detailed filing. Detailed filing data is available for this year.$33.9$4.51$29.3$4.11$3.48$0.63
2015Detailed filing. Detailed filing data is available for this year.$32.9$4.56$28.4$10.3$4.27$5.99
2014Detailed filing. Detailed filing data is available for this year.$27.1$3.73$23.4$6.61$3.11$3.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$4.99$19.2$2.75