Civic Intelligence

Michigan Chapter-Penn State Alumni Assn

EIN 38-2195906 • 501(c)3 • Northville, MI

Profile

A. To promote the fellowship and welfare of penn state alumni, students, parents of students, and other friends of penn state university residing in the state of michigan especially in the chapter geographic area b. To assist the university in promoting its programming under the direction of penn state alumni association c. To support various university and penn state alumni association programming through chapter volunteer services d. To provide financial support to selected michigan residents attending penn state, through the penn state endowed scholarship fund and fundraising for the michigan chapter award e. To engage with the community through voluntary service acts that support organizations who qualify as exempt organizations under section 501(c)(3) of the internal revenue code, local businesses seeking volunteer support efforts, university related philantrophic initiatives, and events to improve the community by means of chapter held fundraising events f. The chapter is respons

PO Box 84Northville, MI 48167

www.psualumnimichigan.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

4th percentile

-611%

Higher net margin than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

69th percentile

10%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

4th percentile

-98%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$199,791

Up $6,722 (+3.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$199,791

Up $6,722 (+3.5%) from 2023

Revenue

Up

$45,407

Up $43,953 (+3023%) from 2023

Expenses

Up

$21,350

Up $11,013 (+107%) from 2023

Net Income

Up

$24,057

Up $32,940 (+371%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2021: $265,661Liabilities 2021: $0Net Assets 2021: $265,6612021Assets 2022: $174,975Liabilities 2022: $0Net Assets 2022: $174,9752022Assets 2023: $193,069Liabilities 2023: $0Net Assets 2023: $193,0692023Assets 2024: $199,791Liabilities 2024: $0Net Assets 2024: $199,7912024

Highlighted filing

2024

Assets$199,791
Liabilities$0
Net Assets$199,791

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2021: $43,018Expenses 2021: $26,273Net Income 2021: $16,7452021Revenue 2022: $61,868Expenses 2022: $56,158Net Income 2022: $5,7102022Revenue 2023: $1,454Expenses 2023: $10,337Net Income 2023: -$8,8832023Revenue 2024: $45,407Expenses 2024: $21,350Net Income 2024: $24,0572024

Highlighted filing

2024

Revenue$45,407
Expenses$21,350
Net Income$24,057

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 1, 2025
Return Version
2023v6.0
Gross Receipts
$124,209
Mission and Program Overview

Mission

A. To promote the fellowship and welfare of penn state alumni, students, parents of students, and other friends of penn state university residing in the state of michigan especially in the chapter geographic area b. To assist the university in promoting its programming under the direction of penn state alumni association c. To support various university and penn state alumni association programming through chapter volunteer services d. To provide financial support to selected michigan residents attending penn state, through the penn state endowed scholarship fund and fundraising for the michigan chapter award e. To engage with the community through voluntary service acts that support organizations who qualify as exempt organizations under section 501(c)(3) of the internal revenue code, local businesses seeking volunteer support efforts, university related philantrophic initiatives, and events to improve the community by means of chapter held fundraising events f. The chapter is respons

See Schedule O

Program Services

DescriptionGrantsExpenses
Golf outing fundraiser to further goals of organization-$33,200
Scholarships awarded to students from the Organizations service area studying at The Pennsylvania State University-$9,032
Various member/guest events-sports watch meetings, picnic, holiday mixer, etc to further goals oforganization-$2,332
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert VeresTreasurer-$0--
Brodie SchultzPresident-$0--
Andrea MeridaSecretary-$0--
Gary WadeDirector-$0--
Dan FerrettiVice President-$0--
George MillerDirector-$0--
Jason RuppDirector-$0--
Raveen FernandoDirector-$0--
Imani AdegbuyiDirector-$0--
Don BainDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf outing$26,062$26,062$914$25,148
Football$6,946$6,946$39$6,907
Total Events$33,008$33,008$24,339$8,669
Filing and Contact Details

Filer

Filer Name
Michigan Chapter-Penn State Alumni Assn
EIN
38-2195906
Address
PO Box 84, Northville, MI 48167

Signing Officer

Name
Robert Veres
Title
Treasurer
Phone
2483457271
Signed
2025-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Alan D Miller CPA PC
Address
4150 Bold Meadows, Oakland Twp, MI 48306
Preparer
Alan D Miller CPA
Phone
2484965175
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity Grants/similar amounts paid to individuals Relationship None Amount 9,032Activity Contribution to THON-net 2023 golf event Grantee The Penn State IFT/Panhellenic DancAmount 6,814

Description of other expenses Part I line 16

Description AmountStop payment fee refund (30)Penn State Athletics 100Recognition expenses 73Golf event reimbursement 744Software 63Happy Valley U - NIL membership 2,500

Other changes in net assets or fund balances Part I line 20

Description AmountUnrealized losses on investments (20,158)Distributions received from PTP 2,823

Part III response or note to any other line in Part III

Form 990-EZ, Part III - Primary Exempt PurposeA. Promote fellowship & welfare of Penn State alumni, students & parents and other friends of PSU residing in MI, esp. in the chapter geographic areaB. Assist PSU in promoting its programming under the direction of PSU Alumni AsscC. Support various PSU and Alumni Assc programming through volunteer servicesD. Provide financial support to selected MI residents attending PSU, through the PSU Endowed Scholarship Fund and fundraising for the MI Chapter AwardE. Engage with the community through voluntary service acts that support organizations who qualify as exempt organizations under IRC Sec 501(c)(3), local businesses seeking volunteer efforts and PSU philantropic goals Form 990-EZ, Part III, Line 28 - First AccomplishmentContribution to THON (The Penn State IFC/Panhellenic Dance Marathon), an affiliated organization under the auspices of The Penn State University. THON is a student-run philanthropy which raises funds and awareness for the fight against childhood cancer

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Grants/similar amounts paid to individuals Relationship None Amount 9,032Activity Contribution to THON-net 2023 golf event Grantee The Penn State IFT/Panhellenic DancAmount 6,814
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountUnrealized losses on investments (20,158)Distributions received from PTP 2,823
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990-EZ, Part III - Primary Exempt PurposeA. Promote fellowship & welfare of Penn State alumni, students & parents and other friends of PSU residing in MI, esp. in the chapter geographic areaB. Assist PSU in promoting its programming under the direction of PSU Alumni AsscC. Support various PSU and Alumni Assc programming through volunteer servicesD. Provide financial support to selected MI residents attending PSU, through the PSU Endowed Scholarship Fund and fundraising for the MI Chapter AwardE. Engage with the community through voluntary service acts that support organizations who qualify as exempt organizations under IRC Sec 501(c)(3), local businesses seeking volunteer efforts and PSU philantropic goals Form 990-EZ, Part III, Line 28 - First AccomplishmentContribution to THON (The Penn State IFC/Panhellenic Dance Marathon), an affiliated organization under the auspices of The Penn State University. THON is a student-run philanthropy which raises funds and awareness for the fight against childhood cancer
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part III response or note to any other line in Part III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/ReturnTs02025-05-01T13:57:10-04:00
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ReturnHeader/TaxPeriodEndDt02024-06-30
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