Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
Unmc Alumni Association
990 • Fiscal year 2016 • EIN 27-0733750
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.05x
Liabilities / Revenue
63rd percentile
Higher debt load relative to revenue than 63% of similar nonprofits.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
35th percentile
Higher top officer pay than 35% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
26th percentile
Faster asset growth than 26% of similar nonprofits.
Revenue Growth
91st percentile
Faster revenue growth than 91% of similar nonprofits.
Balance Sheet
Assets
Down$4,216,642
Down $160,493 (-3.7%) from 2015
Net Assets
Down$4,024,682
Down $350,993 (-8.0%) from 2015
Liabilities
Up$191,960
Up $190,500 (+13048%) from 2015
Revenue And Expenses
Revenue
Up$937,675
Up $380,384 (+68%) from 2015
Expenses
Up$888,202
Up $446,384 (+101%) from 2015
Net Income
Down$49,473
Down $66,000 (-57%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2015 to Jun 30, 2016
- Signed
- Feb 3, 2017
- Return Version
- 2015v3.0
- Gross Receipts
- $937,675
Mission and Program Overview
Mission
The association exists to promote the welfare and best interests of UNMC and to foster a spirit of loyalty and fraternity among its graduates.
To engage alumni, students and friends in the life, promotion and advancement of the university of nebraska medical center.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $4,165,615 | $3,769,738 | ▼ $395,877 |
| Accounts Receivable | $96,864 | $318,253 | ▲ $221,389 |
| Savings and Temporary Cash Investments | $110,125 | $126,691 | ▲ $16,566 |
| Prepaid Expenses and Deferred Charges | $910 | $1,410 | ▲ $500 |
| Total Assets | $4,377,135 | $4,216,642 | ▼ $160,493 |
| Other Assets Total | $3,621 | $550 | ▼ $3,071 |
| Liabilities | |||
| Deferred Revenue | - | $191,410 | - |
| Accounts Payable and Accrued Expenses | $1,460 | - | - |
| Other Liabilities | $0 | $550 | ▲ $550 |
| Total Liabilities | $1,460 | $191,960 | ▲ $190,500 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $3,442,405 | $3,079,569 | ▼ $362,836 |
| Temporarily Rstr Net Assets | $933,270 | $945,113 | ▲ $11,843 |
| Total Net Assets Fund Balance | $4,375,675 | $4,024,682 | ▼ $350,993 |
| Total Liabilities and Net Assets / Fund Balance | $4,377,135 | $4,216,642 | ▼ $160,493 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Securities | $3,769,738 | - | - |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2013 | $3,749,659 | - | - | $3,749,659 | - |
| 2012 | $3,586,172 | $165,370 | ▲ $344,408 | $275,960 | $3,749,659 |
| 2011 | $3,658,825 | $96,766 | ▼ $6,613 | $92,806 | $3,586,172 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| John C Mitchell Ii | Past President |
| Jeffrey P Gold | President |
| William Lydiatt | Vice President |
| Amy Thimm | Board Member |
| Bradley Britigan | Board Member |
| Brian Hastings | Board Member |
| Josh Hite | Board Member |
| Juliann Sebastian | Board Member |
| Kate Kuester | Board Member |
| Kyle Meyer | Board Member |
| Patricia Leuschen | Board Member |
| Sue Christensen | Board Member |
| Valeriya Kettelhut | Board Member |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $722,943
- Program Service Revenue
- $0
- Investment Income
- $197,044
- Other Revenue
- $17,688
- All Other Contributions
- $701,653
- Change in Net Assets
- $49,473
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $656,202 |
| Grants and Similar Amounts Paid | $232,000 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $448,194 | - | - | $448,194 |
| Grants to Domestic Individuals | $132,000 | - | - | $132,000 |
| Grants to Domestic Orgs | $100,000 | - | - | $100,000 |
| Office Expenses | $52,381 | - | - | $52,381 |
| Other Expenses | $6,775 | - | - | $6,775 |
| Total Functional Expenses | $888,202 | $0 | $0 | $888,202 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| University of Nebraska Foundation | Lincoln, NE | 501(c)(3) | Purpose of Assistance Is to Fund Personal and Operational Costs of Inter-professional Academy of Educators. | $100,000 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Other | $550 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- Yes
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- Yes
- 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
- Yes
Governance Explanations
Form 990, Part VI, Section A, Line 3
“The unmc alumni association has delegated control of the management duties to the alumni relations office at the university of nebraska medical center.”
Form 990, Part VI, Section A, Line 4
“The bylaws of the organization were modified as follows: 1) all chapters will now be called "engagement councils" 2) the number of board members was increased from 8 to 13 3) upon graduation from their professional program, all graduates are considered alumni and are not asked to pay dues or donate to belong to their engagement council or the unmc alumni association”
Form 990, Part VI, Section A, Line 6
“The unmc alumni association has members consisting of the alumni association engagement councils. Each engagement council has individual members. These individual members attended the medical center and have joined their respective alumni association engagement council. The members of each engagement council elect a board of directors for their engagement council. The engagement council boards elect or appoint representatives to serve on the unmc alumni association board of directors.”
Form 990, Part VI, Section A, Line 7A
“The unmc alumni association has members consisting of the alumni association engagement councils, including: university of nebraska college of medicine alumni engagement council, college of pharmacy alumni engagement council, college of nursing alumni engagement council, college of public health alumni engagement council, physical therapy alumni engagement council, physician assistant alumni engagement council, clinical laboratory science and medical technologist alumni engagement council, radiation science technology education alumni engagement council, college of dentistry alumni engagement council, clinical perfusion alumni engagement council, graduation studies alumni engagement council, and parents and families association. Each of the engagement councils have members composed of their respective professional degree. Upon graduation from their professional program, all graduates are considered alumni and are not asked to pay dues or donate to belong to their engagement council or the unmc alumni association.”
Form 990, Part VI, Section B, Line 11
“The finance committee reviews the form 990 with the alumni director and provides a recommendation to the executive committee. The executive committee makes a recommendation to the full board for the approval of the form 990 and related schedules. The board of directors reviews the form 990 and related schedules with the alumni director on an annual basis prior to filing with the irs. The board of directors approves the filing of the form 990 and related schedules with the irs.”
Form 990, Part VI, Section B, Line 12C
“Unmc alumni association regularly and consistently monitors and enforces compliance with the the conflict of interest policy by having the education committee review any requests for funds or activities brought to the board of directors for approval to assure no board member has personal gain from the activities of the organization.”
Form 990, Part VI, Section C, Line 19
“The unmc alumni association does not make its governing documents, conflict of interest policy or financial statements available to the public.”
FORM 990, PART VI, LINE 13:
“Unmc alumni association does not currently have a written whistleblower policy. However, the unmc alumni association is in the process of creating and implementing this document.”
FORM 990, PART VI, LINE 14:
“Unmc alumni association does not currently have a written document retention and destruction policy. However, the unmc alumni association is in the process of creating and implementing this document.”
FORM 990, PART VI, SECTION B, LINE 15:
“Unmc alumni association does not have any employees that are paid by the unmc alumni association, therefore, it is not necessary to have a process in place.”
Filing and Contact Details
Filer
- Filer Name
- Unmc Alumni Association
- EIN
- 27-0733750
- Phone
- 4025594379
- Address
- 518 SOUTH 38TH STREET - 985200 UNMC, OMAHA, NE 68198
Signing Officer
- Name
- Catherine Mello
- Title
- Alumni Director
- Phone
- 4025594379
- Signed
- 2017-02-03
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Catherine Mello
- Formed
- 2010
- Legal Domicile
- Ne
- Voting Board Members
- 13
- Independent Board Members
- 13
- Employees
- 0
- Volunteers
- 120
Preparer
- Firm
- Seim Johnson Llp
- Address
- 18081 BURT STREET SUITE 200, OMAHA, NE 68022-4722
- Preparer
- Barbara J Fajen
- Phone
- 4023302660
Supplemental Narrative
Additional Explanations
FORM 990, PART XII, LINE 2C:
“The executive committee of the unmc alumni association assumes responsibility for the oversight of the compilation of its financial statements and the selection of the independent accountant. This process has not changed from the prior year.”
Financial Statement Notes
PART V, LINE 4:
“During the year ended june 30, 2014, the organization determined that its investment funds did not constitute an "endowment" for purposes of reporting on schedule d, part v. According, the balance has been reduced to zero on part v.”
PART X, LINE 2:
“The alumni association is a not-for-profit corporation, as described in section 501(c) (3) of the internal revenue code and is exempt from federal income taxes on related income pursuant to section 501(a) of the code. The internal revenue service has established standards to be met to maintain tax-exempt status. In general, such standards require the alumni association to meet a community benefit standard and comply with various laws and regulations. The alumni association accounts for uncertainties in accounting for income tax assets and liabilities using guidance included in fasb asc 740, income taxes. The alumni association recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. At june 30, 2016, the alumni association had no uncertain tax positions accrued.”
Raw XML AppendixShowing 400 of 474 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/Desc | 0 | THE ASSOCIATION EXISTS TO PROMOTE THE WELFARE AND BEST INTERESTS OF UNMC AND TO FOSTER A SPIRIT OF LOYALTY AND FRATERNITY AMONG ITS GRADUATES. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
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| IRS990/MembershipDuesAmt | 0 | 21290 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
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| IRS990/MissionDesc | 0 | THE ASSOCIATION EXISTS TO PROMOTE THE WELFARE AND BEST INTERESTS OF UNMC AND TO FOSTER A SPIRIT OF LOYALTY AND FRATERNITY AMONG ITS GRADUATES. |
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| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 52381 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 550 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | STUDENT ACTIVITIES |
| IRS990/OtherExpensesGrp/Desc | 1 | REUNIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | ON CAMPUS EDUCATION & E |
| IRS990/OtherExpensesGrp/Desc | 3 | WHITE COAT |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 6775 |
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| IRS990/OtherRevenueTotalAmt | 0 | 17688 |
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| IRS990/PoliciesReferenceChaptersInd | 0 | 1 |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1410 |
| IRS990/PrincipalOfficerNm | 0 | CATHERINE MELLO |
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| IRS990/PYOtherRevenueAmt | 0 | 9243 |
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| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
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| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 126691 |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 401536 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 788012 |
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| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 197044 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 178727 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 170257 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 158859 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 173714 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 878601 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 197044 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 178727 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 170257 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 158859 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 173714 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 878601 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.23860 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.24900 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 17688 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 9243 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15068 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 51998 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 21697 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 115694 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.73000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.72140 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 2687777 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 722943 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 369321 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 405965 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 401536 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 788012 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 2687777 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 937675 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 557291 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 591290 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 612393 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 983423 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 3682072 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 3749659 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 3749659 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 3586172 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt | 0 | 165370 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 3749659 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 70331 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 344408 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 275960 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 3658825 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt | 0 | 96766 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 3586172 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 70000 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -6613 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 92806 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 550 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | OTHER |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 3769738 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | UNIVERSITY OF NEBRASKA FOUNDATION COMMINGLED TRUST FUND |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | DURING THE YEAR ENDED JUNE 30, 2014, THE ORGANIZATION DETERMINED THAT ITS INVESTMENT FUNDS DID NOT CONSTITUTE AN "ENDOWMENT" FOR PURPOSES OF REPORTING ON SCHEDULE D, PART V. ACCORDING, THE BALANCE HAS BEEN REDUCED TO ZERO ON PART V. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE ALUMNI ASSOCIATION IS A NOT-FOR-PROFIT CORPORATION, AS DESCRIBED IN SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE INTERNAL REVENUE SERVICE HAS ESTABLISHED STANDARDS TO BE MET TO MAINTAIN TAX-EXEMPT STATUS. IN GENERAL, SUCH STANDARDS REQUIRE THE ALUMNI ASSOCIATION TO MEET A COMMUNITY BENEFIT STANDARD AND COMPLY WITH VARIOUS LAWS AND REGULATIONS. THE ALUMNI ASSOCIATION ACCOUNTS FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING GUIDANCE INCLUDED IN FASB ASC 740, INCOME TAXES. THE ALUMNI ASSOCIATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. AT JUNE 30, 2016, THE ALUMNI ASSOCIATION HAD NO UNCERTAIN TAX POSITIONS ACCRUED. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART V, LINE 4: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 3769738 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 550 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 132000 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 26 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc | 0 | CASH = FMV |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 100000 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | PURPOSE OF ASSISTANCE IS TO FUND PERSONAL AND OPERATIONAL COSTS OF INTER-PROFESSIONAL ACADEMY OF EDUCATORS. |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | UNIVERSITY OF NEBRASKA FOUNDATION |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 470379839 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | PO BOX 82555 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | LINCOLN |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | NE |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 68501 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | UNMC ALUMNI ASSOCIATION'S PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES INCLUDES THE PROCESS OF TRANSFERRING FUNDS ONLY TO CHARITABLE ORGANIZATIONS WITH EXEMPT PURPOSES SIMILAR TO ITS OWN. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 1 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE UNMC ALUMNI ASSOCIATION HAS DELEGATED CONTROL OF THE MANAGEMENT DUTIES TO THE ALUMNI RELATIONS OFFICE AT THE UNIVERSITY OF NEBRASKA MEDICAL CENTER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE BYLAWS OF THE ORGANIZATION WERE MODIFIED AS FOLLOWS: 1) ALL CHAPTERS WILL NOW BE CALLED "ENGAGEMENT COUNCILS" 2) THE NUMBER OF BOARD MEMBERS WAS INCREASED FROM 8 TO 13 3) UPON GRADUATION FROM THEIR PROFESSIONAL PROGRAM, ALL GRADUATES ARE CONSIDERED ALUMNI AND ARE NOT ASKED TO PAY DUES OR DONATE TO BELONG TO THEIR ENGAGEMENT COUNCIL OR THE UNMC ALUMNI ASSOCIATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE UNMC ALUMNI ASSOCIATION HAS MEMBERS CONSISTING OF THE ALUMNI ASSOCIATION ENGAGEMENT COUNCILS. EACH ENGAGEMENT COUNCIL HAS INDIVIDUAL MEMBERS. THESE INDIVIDUAL MEMBERS ATTENDED THE MEDICAL CENTER AND HAVE JOINED THEIR RESPECTIVE ALUMNI ASSOCIATION ENGAGEMENT COUNCIL. THE MEMBERS OF EACH ENGAGEMENT COUNCIL ELECT A BOARD OF DIRECTORS FOR THEIR ENGAGEMENT COUNCIL. THE ENGAGEMENT COUNCIL BOARDS ELECT OR APPOINT REPRESENTATIVES TO SERVE ON THE UNMC ALUMNI ASSOCIATION BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE UNMC ALUMNI ASSOCIATION HAS MEMBERS CONSISTING OF THE ALUMNI ASSOCIATION ENGAGEMENT COUNCILS, INCLUDING: UNIVERSITY OF NEBRASKA COLLEGE OF MEDICINE ALUMNI ENGAGEMENT COUNCIL, COLLEGE OF PHARMACY ALUMNI ENGAGEMENT COUNCIL, COLLEGE OF NURSING ALUMNI ENGAGEMENT COUNCIL, COLLEGE OF PUBLIC HEALTH ALUMNI ENGAGEMENT COUNCIL, PHYSICAL THERAPY ALUMNI ENGAGEMENT COUNCIL, PHYSICIAN ASSISTANT ALUMNI ENGAGEMENT COUNCIL, CLINICAL LABORATORY SCIENCE AND MEDICAL TECHNOLOGIST ALUMNI ENGAGEMENT COUNCIL, RADIATION SCIENCE TECHNOLOGY EDUCATION ALUMNI ENGAGEMENT COUNCIL, COLLEGE OF DENTISTRY ALUMNI ENGAGEMENT COUNCIL, CLINICAL PERFUSION ALUMNI ENGAGEMENT COUNCIL, GRADUATION STUDIES ALUMNI ENGAGEMENT COUNCIL, AND PARENTS AND FAMILIES ASSOCIATION. EACH OF THE ENGAGEMENT COUNCILS HAVE MEMBERS COMPOSED OF THEIR RESPECTIVE PROFESSIONAL DEGREE. UPON GRADUATION FROM THEIR PROFESSIONAL PROGRAM, ALL GRADUATES ARE CONSIDERED ALUMNI AND ARE NOT ASKED TO PAY DUES OR DONATE TO BELONG TO THEIR ENGAGEMENT COUNCIL OR THE UNMC ALUMNI ASSOCIATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE FINANCE COMMITTEE REVIEWS THE FORM 990 WITH THE ALUMNI DIRECTOR AND PROVIDES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAKES A RECOMMENDATION TO THE FULL BOARD FOR THE APPROVAL OF THE FORM 990 AND RELATED SCHEDULES. THE BOARD OF DIRECTORS REVIEWS THE FORM 990 AND RELATED SCHEDULES WITH THE ALUMNI DIRECTOR ON AN ANNUAL BASIS PRIOR TO FILING WITH THE IRS. THE BOARD OF DIRECTORS APPROVES THE FILING OF THE FORM 990 AND RELATED SCHEDULES WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | UNMC ALUMNI ASSOCIATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE THE CONFLICT OF INTEREST POLICY BY HAVING THE EDUCATION COMMITTEE REVIEW ANY REQUESTS FOR FUNDS OR ACTIVITIES BROUGHT TO THE BOARD OF DIRECTORS FOR APPROVAL TO ASSURE NO BOARD MEMBER HAS PERSONAL GAIN FROM THE ACTIVITIES OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE UNMC ALUMNI ASSOCIATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE EXECUTIVE COMMITTEE OF THE UNMC ALUMNI ASSOCIATION ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE COMPILATION OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | UNMC ALUMNI ASSOCIATION DOES NOT CURRENTLY HAVE A WRITTEN WHISTLEBLOWER POLICY. HOWEVER, THE UNMC ALUMNI ASSOCIATION IS IN THE PROCESS OF CREATING AND IMPLEMENTING THIS DOCUMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | UNMC ALUMNI ASSOCIATION DOES NOT CURRENTLY HAVE A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. HOWEVER, THE UNMC ALUMNI ASSOCIATION IS IN THE PROCESS OF CREATING AND IMPLEMENTING THIS DOCUMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | UNMC ALUMNI ASSOCIATION DOES NOT HAVE ANY EMPLOYEES THAT ARE PAID BY THE UNMC ALUMNI ASSOCIATION, THEREFORE, IT IS NOT NECESSARY TO HAVE A PROCESS IN PLACE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XII, LINE 2C: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART VI, LINE 13: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART VI, LINE 14: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | FORM 990, PART VI, SECTION B, LINE 15: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $4,216,642
- Liabilities
- $191,960
- Net assets
- $4,024,682
- Revenue
- $937,675
- Expenses
- $888,202
- Net income
- $49,473