Civic Intelligence

Alumni Association of the University of North Dakota

990 • Fiscal year 2014 • EIN 45-0363216

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 21, 2014

3501 University Avenue Stop 815758202

(701) 777-2611

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

24th percentile

0.00x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

40th percentile

0.0%

Higher net margin than 40% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

97th percentile

$256,036

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 31.3% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2013 to 2014

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Flat

$0

Flat from 2013

Net Assets

Flat

$0

Flat from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$817,220

Up $142,910 (+21%) from 2013

Expenses

Up

$817,220

Up $142,910 (+21%) from 2013

Net Income

Flat

$0

Flat from 2013

Historical Trend

Balance Sheet Trend

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

$1$0Assets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2012: $1Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2014

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.0M$500K$0Expenses 2011: $630,7852011Revenue 2012: $633,709Expenses 2012: $633,709Net Income 2012: $02012Revenue 2013: $674,310Expenses 2013: $674,310Net Income 2013: $02013Revenue 2014: $817,220Expenses 2014: $817,220Net Income 2014: $02014

Highlighted filing

2014

Revenue$817,220
Expenses$817,220
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 21, 2014
Return Version
2013v3.0
Gross Receipts
$817,220
Mission and Program Overview

Mission

The alumni association was formed in 1889. Its mission of work includes:1.retaining and strengthening friendships made on the campus by keeping graduates and former students in lifelong contact with each other. 2.keeping graduates and former students informed of happenings at the university of north dakota. 3.involving the graduates, former students and special friends in the ongoing growth and development of the university of north dakota.the alumni association of the university of north dakota aspires to promote a sense of pride, excitement and loyalty for its university by adapting to the ever-changing needs, attitudes and interests of und alumni and friends.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$162,785,000$20,719,000▲ $24,514,000$4,119,832$198,476,225
2013$140,259,422$14,317,000▲ $17,142,000$4,019,562$162,785,000
2012$122,282,422$22,112,000▲ $2,903,000$2,632,260$140,259,422
2011$100,972,000$10,021,000▲ $18,701,000$3,394,114$122,282,422
2010$91,562,000$10,830,000▲ $7,440,000$3,692,000$100,972,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David MiedemaSenior Director of Development--$142,270$142,270
Kim WoodsSenior Director of Development--$138,458$138,458
TIMOTHY O'KEEFEExecutive Vice PresidentPT$22,235$3,369$25,604
Laura BlockChief Financial OfficerPT$15,942$2,094$18,036
Deanna Carlson ZinkChief Executive OfficerPT$7,632$1,500$9,132

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$581,854
Program Service Revenue
$156,563
Investment Income
$0
Other Revenue
$78,803
All Other Contributions
$1,395
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$457,210
Salaries, Compensation, and Employee Benefits$360,010
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$231,810--$231,810
Current Officers, Directors, Trustees, and Key Employees-$46,170-$46,170
Other Employee Benefits$37,347--$37,347
Advertising$28,623--$28,623
Pension Plan Contributions$24,412--$24,412
Payroll Taxes$20,271--$20,271
Office Expenses$6,674--$6,674
Occupancy$6,321--$6,321
Conferences and Meetings$6,242--$6,242
Travel$3,647--$3,647
Information Technology$2,613--$2,613
Fees for Services Management$2,563--$2,563
Other Expenses$1,553--$1,553
Total Functional Expenses$771,050$46,170$0$817,220
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Common Board Member Between OrganizationsKRIS COMPTON, BOARD MEMBER OF THE ORGANIZATION, IS ALSO A BOARD MEMBER OF ALERUS FINANCIAL, WHICH DOES BUSINESS WITH THE UNIVERSITY OF NORTH DAKOTA FOUNDATION BY HOLDING ASSETS IN A TRUST ACCOUNT AS WELL AS A LINE OF CREDIT. ALERUS FINANCIAL WAS PAID APPROXIMATELY $125,000 FOR ITS MANAGEMENT OF THE ASSETS HELD. ALL TRANSACTIONS INVOLVING ALERUS FINANCIAL WERE HANDLED IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY.No$125,184
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The organization's audit committee reviews the 990 tax return before it is filed. Representatives from the foundation's independent accounting firm review the 990 forms with the audit committee in detail and note for the committee any changes in the form from prior years. After thorough discussion, the head of the audit committee entertains a motion to send the 990 forms to the full board for approval. The full board reviews the form 990 before filing.

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

All members of the board of directors and all employees receive a copy of the conflict of interest policy each year. Each board member and staff member fills out a conflict of interest questionnaire in which they are asked to identify any relationship that would create a conflict of interest. The results are summarized and reviewed by the governance committee which evaluates each situation and determines any actual or potential conflict and recommends a course of action to the board of directors.

Form 990, Part VI, Section B, Line 15

Compensation for the ceo and key employees is reviewed and determined by the governance committee. A salary survey is conducted and peer organization data is compiled for comparison and decision making.

Form 990, Part VI, Section C, Line 19

Governing documents and conflict of interest are available upon request. Financial documents are available by request and are also located on the und alumni association website.

Filing and Contact Details

Filer

EIN
45-0363216
Phone
7017772611

Signing Officer

Name
Laura Block
Title
Chief Financial Officer
Phone
7017772611
Signed
2014-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Block
Formed
1889
Legal Domicile
Nd
Voting Board Members
21
Independent Board Members
20
Employees
110
Volunteers
73

Preparer

Preparer
Lawrence H Mohr CPA
Phone
6128764500
Supplemental Narrative

Additional Explanations

Form 990, Part V, Lines 1A & 2A

The alumni association of the university of north dakota and the university of north dakota foundation are related nonprofit corporations utilizing a common board of directors and administration exclusively for the benefit of the university of north dakota. The entities' employees are collocated on campus. The alumni association of und was formed in 1889 and incorporated in 1921 and the und foundation was incorporated in 1978. The organizations file a common payroll under the alumni association and all tax reporting is done through utilizing the alumni association as a common paymaster. The wages of employees of the two organizations are accounted for as either entity's expenses based on the time spent on activities.

Form 990, Part XII, Line 2C

The process for overseeing the audit and selecting the independent accountant has not changed since last year.

Financial Statement Notes

PART V, LINE 4:

The university of north dakota foundation, a related organization to the alumni association of the university of north dakota, has endowment funds. The foundation's endowment consists of approximately 1,400 individual funds established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the board to function as endowments. The long term goal of the endowment funds is to achieve a rate of growth sufficient to meet the foundation's spending needs, while maintaining the inflation-adjusted principal of the endowment funds.

PART X, LINE 2:

The organizations follow the accounting standards for contingencies in evaluating uncertain tax positions. This guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by the organizations for uncertain tax positions as of june 30, 2014. The organizations' tax returns for fiscal years 2011 and thereafter are subject to review and examination by federal and state authorities.

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IRS990/ActivityOrMissionDesc0THE ALUMNI ASSOCIATION WAS FORMED IN 1889. ITS MISSION OF WORK INCLUDES:1.RETAINING AND STRENGTHENING FRIENDSHIPS MADE ON THE CAMPUS BY KEEPING GRADUATES AND FORMER STUDENTS IN LIFELONG CONTACT WITH EACH OTHER. 2.KEEPING GRADUATES AND FORMER STUDENTS INFORMED OF HAPPENINGS AT THE UNIVERSITY OF NORTH DAKOTA. 3.INVOLVING THE GRADUATES, FORMER STUDENTS AND SPECIAL FRIENDS IN THE ONGOING GROWTH AND DEVELOPMENT OF THE UNIVERSITY OF NORTH DAKOTA.THE ALUMNI ASSOCIATION OF THE UNIVERSITY OF NORTH DAKOTA ASPIRES TO PROMOTE A SENSE OF PRIDE, EXCITEMENT AND LOYALTY FOR ITS UNIVERSITY BY ADAPTING TO THE EVER-CHANGING NEEDS, ATTITUDES AND INTERESTS OF UND ALUMNI AND FRIENDS.
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IRS990/Desc0ALUMNI REVIEW:PROGRAM ACCOMPLISHMENTS INCLUDE A STRONG, CONSISTENT READERSHIP RATE(ROUGHLY 80%) AS DETERMINED IN PERIODIC ALUMNI SURVEYS. ADDITIONALLY, READER FEEDBACK IS STRONG AND POSITIVE, COLLECTED VIA EMAIL, PHONE AND LETTER IN RESPONSE TO SPECIFIC ARTICLES, INQUIRIES FOR SUBMISSIONS, PHOTOGRAPHS, ETC. THE OBJECTIVE OF THE MAGAZINE IS TO FULFILL THE ORGANIZATION'S MISSION OF CONNECTING ALUMNI TO EACH OTHER, ENGAGING THEM IN CAMPUS HAPPENINGS AND EDUCATING THEM ON HOW TO HELP GROW THE UNIVERSITY OF NORTH DAKOTA, WHICH IS DONE THROUGH ARTICLES, PITCHES, PHOTOGRAPHS, AND ADVERTISEMENTS. THE LONGER-TERM GOAL IS TO KEEP THE MAGAZINE COMPETITIVE AGAINST CORPORATE MAGAZINES, AS WELL AS OFFER VALUABLE ONLINE READERSHIP OPTIONS.
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IRS990/Form990PartVIISectionAGrp/PersonNm0TIMOTHY O'KEEFE
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IRS990/Form990PartVIISectionAGrp/PersonNm3AL ROYSE
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IRS990/Form990PartVIISectionAGrp/PersonNm5LISA WHEELER
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IRS990/Form990PartVIISectionAGrp/PersonNm12CATHY RYDELL
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIR
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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
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IRS990/Form990PartVIISectionAGrp/TitleTxt26EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt27EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt28CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt29SENIOR DIRECTOR OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt30SENIOR DIRECTOR OF DEVELOPMENT
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IRS990/MissionDesc0THE ALUMNI ASSOCIATION WAS FORMED IN 1889. ITS MISSION OF WORK INCLUDES:1.RETAINING AND STRENGTHENING FRIENDSHIPS MADE ON THE CAMPUS BY KEEPING GRADUATES AND FORMER STUDENTS IN LIFELONG CONTACT WITH EACH OTHER. 2.KEEPING GRADUATES AND FORMER STUDENTS INFORMED OF HAPPENINGS AT THE UNIVERSITY OF NORTH DAKOTA. 3.INVOLVING THE GRADUATES, FORMER STUDENTS AND SPECIAL FRIENDS IN THE ONGOING GROWTH AND DEVELOPMENT OF THE UNIVERSITY OF NORTH DAKOTA.THE ALUMNI ASSOCIATION OF THE UNIVERSITY OF NORTH DAKOTA ASPIRES TO PROMOTE A SENSE OF PRIDE, EXCITEMENT AND LOYALTY FOR ITS UNIVERSITY BY ADAPTING TO THE EVER-CHANGING NEEDS, ATTITUDES AND INTERESTS OF UND ALUMNI AND FRIENDS.
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IRS990/OtherRevenueMiscGrp/Desc0AFFINITY CARD REV.
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