Purdue Alumni Association Inc Memorial Union Building in W Lafayette, Indiana (IN)

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Purdue Alumni Association Inc Memorial Union Building
Employer Identification Number (EIN)350595500
Name of OrganizationPurdue Alumni Association Inc Memorial Union Building
Address403 W Wood St, W Lafayette, IN 47907-2007
ActivitiesAlumni association or group
SubsectionCharitable Organization
Ruling Date10/1942
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$34,867,678
Amount of Income$4,670,675
Form 990 Revenue Amount$4,583,064
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Alumni Associations


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Amount of income in 2014: $4,670,675 (it was $4,435,013 in 2013)
This organization: 

 $4,670,675
Other organizations performing similar types of work: 

 $136,067

Assets in 2014: $34,867,678 (it was $31,448,406 in 2013)
Purdue Alumni Association Inc Memorial Union Building: 

 $34,867,678
Other organizations performing similar types of work: 

 $331,683

Expenses in 2014: $4,202,743
This organization: 

 $4,202,743
Other organizations performing similar types of work: 

 $109,534

Income to expenses ratio in 2014: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.1

Employees paid over $100,000 in 2014: 11.9%
Purdue Alumni Association Inc Memorial Union Building: 

 11.9%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2014: 28.0%
This organization: 

 28.0%
Other organizations performing similar types of work: 

 10.6%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoYes
Is the organization required to complete Schedule B, Schedule of Contributors?NoYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoYes
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoYes
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoYes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?YesYes
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201220132014
The number reported in Box 3 of Form 10961819
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return4042
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$443,082$455,796
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$139,954$150,420
Total number of individuals who received more than $100,000 of reportable compensation from the organization22
Total number of independent contractors who received more than $100,000 of compensation from the organization33
Statement of Revenue
201220132014
Total revenue$4,414,752$4,315,739$4,583,064
Contributions, Gifts, Grants and Other Similar Amounts$1,236,322$1,148,129$1,281,336
Program Service Revenue$379,655$410,840$402,544
900099$256,320$263,960
541800$126,177$122,949
900099$28,343$15,635
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,347,176$1,408,280$1,476,806
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$0$-36,565$0
Net income/loss from fundraising events$108,155$60,276$70,336
Gross income from fundraising events$154,765$142,985$157,947
Less: direct expenses$46,610$82,709$87,611
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$2,660$2,539$0
Miscellaneous Revenue$1,340,784$1,322,240$1,352,042
900099$1,192,987$1,201,168
561500$102,306$117,299
900099$20,520$22,518
All other revenue$6,427$11,057
Statement of Functional Expenses
201220132014
Total functional expenses$4,478,058$4,218,777$4,202,743
Grants and other assistance to domestic organizations and domestic governments$39,600$57,967
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$557,145$587,454$600,516
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$1,123,331$1,110,521$1,090,290
Pension plan accruals and contributions$146,503$143,229
Other employee benefits$232,756$221,058
Payroll taxes$111,434$109,915$105,804
Fees for services (non-employees)
Management$0$0
Legal$132$2,122
Accounting$18,285$18,561
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$0$0
Advertising and promotion$178,902$178,628
Office expenses$562,753$544,883
Information technology$14,943$12,601
Royalties$0$0
Occupancy$63,587$64,908
Travel$51,178$23,314
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$18,006$13,780
Insurance$32,860$28,604
Other expenses$104,565$267,947
Other expenses$104,278$114,204
Other expenses$97,693$102,364
Other expenses$94,548$99,679
Other expenses$650,298$512,284
Balance Sheet
201220132014
Total assets$29,679,147$31,448,406$34,867,678
Cash - non-interest-bearing$100$100
Savings and temporary cash investments$1,355,950$1,313,922
Pledges and grants receivable, net$0$0
Accounts receivable, net$52,464$64,214
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$211,965$221,463
Land, buildings, and equipment: cost or other basis$31,433$24,741
Investments - publicly traded securities$29,069,870$32,484,982
Investments - other securities$30$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$726,594$758,256
Total liabilities$6,958,256$7,125,794$7,249,971
Accounts payable and accrued expenses$235,911$219,116
Grants payable$0$0
Deferred revenue$6,651,188$6,772,179
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$238,695$258,676
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0
Total net assets or fund balances$22,720,891$24,322,612$27,617,707
Unrestricted net assets$24,304,107$27,599,202
Temporarily restricted net assets$6,436$6,436
Permanently restricted net assets$12,069$12,069
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$161,204
Unrelated Trade or Business Income (for 2009)
IncomeExpensesNet
Total$173,589$256,740$-83,151
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$9$256,740$-140,635
Other income$57,484$0$57,484
Deductions Not Taken Elsewhere (for 2009)
Total deductions$75,090
Compensation of officers, directors, and trustees$0
Salaries and wages$44,303
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$19,487
Excess exempt expenses$0
Excess readership costs$0
Other deductions$11,300
Unrelated business taxable income$-158,241
Unrelated business taxable income before net operating loss deduction$-158,241
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-158,241
Specific deduction$1,000
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1West Virginia University Alumni Association Loyalty Permanent Endo496 High St, Morgantown, WV 26505-5529WV1946-11$7,088,849
2Trustees Of Princeton University, Group Return701 Carnegie Center Ste 438, Princeton, NJ 08540-6242NJ1984-02$6,407,582
3West Virginia University Alumni Association IncPO BOX 4269, Morgantown, WV 26504-4269WV1978-10$5,157,017
4Purdue Alumni Association Inc Memorial Union Building403 W Wood St, W Lafayette, IN 47907-2007IN1942-10$4,670,675
5University Of Rhode Island Student Senate Inc, Memorial Union Board Of Directors50 Lower College Rd, Kingston, RI 02881-1901RI1991-04$2,515,898
6Southern Illinois University, Assn Of Alumni & Former StudentsColyer Hall 2nd Fl Mail Code 6809 S, Carbondale, IL 62901IL1956-06$2,342,644
7Association Of Notre Dame Clubs Inc, St Joseph ValleyPO BOX 111, Notre Dame, IN 46556-0111IN1983-07$198,622
8Purdue Agricultural Alumni Assoc Inc715 W State St, W Lafayette, IN 47907-2061IN1940-05$147,253
9Hinkle Creek Pto Elementary School595 S Harbour Dr, Noblesville, IN 46062-9527IN1987-11$48,495
10Notre Dame Club Of St Joseph Valley Scholarship Trust4045 Edison Lakes Parkway No 100, Mishawaka, IN 46545-3421IN1984-09$34,297
11Howard University Alumni Club Of Indianapolis Inc5915 Boettcher Court, Indianapolis, IN 46228IN1991-08$809
12East Noble Masonic Foundation IncPO BOX 122, Kendallville, IN 46755-0122IN1995-09$650
13Alumni Friends Of Ipfw IncIpfw 2101 E Coliseum Blvd, Fort Wayne, IN 46805IN1998-08$0
14Association Of Notre Dame Clubs Inc, Group Return731 Grace Hall, Notre Dame, IN 46556-5612IN1983-07$0
15Elmhurst High School Alumni Association Inc6901 Westlawn Dr, Fort Wayne, IN 46804IN1993-12$0
16Mater Dei Friends And Alumni Association Inc1300 Harmony Way, Evansville, IN 47720IN1986-05$0
17Mitchell High School Football Alumni Association IncPO BOX 471, Mitchell, IN 47446-0471IN1996-04$0
18National Association Of Students At Catholic Colleges & Universities, Nasccu203 La Fortune Hall, Notre Dame, IN 46556IN1992-03$0
19Owensville Alumni Association IncPo Box 730, Owensville, IN 47665IN1995-11$0
20South Side High School Alumni Association Inc3601 S Calhoun St, Fort Wayne, IN 46807IN1990-10$0
Number of organizations performing similar types of work
Alabama8
Arkansas4
Arizona4
California46
Colorado8
Connecticut7
District of Columbia10
Florida11
Georgia15
Hawaii4
Iowa6
Idaho1
Illinois20
Indiana15
Kansas8
Kentucky7
Louisiana10
Massachusetts22
Maryland17
Maine5
Michigan56
Minnesota4
Missouri16
Mississippi5
Montana3
North Carolina15
North Dakota2
Nebraska6
New Hampshire1
New Jersey26
New Mexico3
New York62
Ohio32
Oklahoma7
Oregon3
Pennsylvania28
Rhode Island3
South Carolina7
South Dakota3
Tennessee10
Texas45
Virginia22
Vermont3
Washington7
Wisconsin6
West Virginia8
Wyoming1
International2
Total614

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