Aa Alumni Foundation INC FY2022 filing

Tax-deductible

Bayville, NY501(c)(3)Since 1973EducationEIN 23-7448539Revenue $207K in FY2022

On file with the IRS18 Tildean Ln, 11709-2923 · Bayville, NYTax-exempt since Dec 2013Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Provide low-cost student housing

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $54K a year · 22% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
31 mo
of spending, in cash
Looks good: 31.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $300
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
84% of total assets
Concern: liabilities are 84% of assets; over 80%.
Pt X · Ln 26
Independent board members
812
of 812 voting members
Looks good: 812 of 812 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$207K
-14% vs prior year
Spent
$170K
To programs
97%
Net assets
$246K
By yearFY2021–FY2025
Revenue
$207K
FY2022▼ -14%
Tap a bar for its year
Revenue by fiscal year
FY2021$239K
FY2022$207K
FY2023$247K
FY2024$236K
FY2025$308K
Expenses
$170K
FY2022▼ -15%
Tap a bar for its year
Expenses by fiscal year
FY2021$200K
FY2022$170K
FY2023$162K
FY2024$236K
FY2025$201K
Net assets
$246K
FY2022▲ +18%
Tap a bar for its year
Net assets by fiscal year
FY2021$209K
FY2022$246K
FY2023$331K
FY2024$341K
FY2025$448K

From the FY2022 Form 990 (year ending June 2022) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2010-11-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Dec 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $164K Management & general 2% · $3K Fundraising 2% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
VP Property Mgt
$0Pt VII · Sec A
VP, Treasurer
$0Pt VII · Sec A
VP Membership
$0Pt VII · Sec A
VP, Secretary
$0Pt VII · Sec A
VP Membership
$0Pt VII · Sec A
$0Pt VII · Sec A
See Aa Alumni Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers affordable housing for students.

Questions for Aa Alumni Foundation INC

Tap to ask. Aa Alumni Foundation INC sees how many people are interested.

Your first name shows with your question. Aa Alumni Foundation INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $164K · in their own filed words · FY2021
01

Students at Columbia University were provided housing at rates discounted from market rates in the surrounding area.

$164Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Ford FoundationFY2021$300
Total grants receivedfrom 1 funder$300

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$207K
Ln 12
Fees for servicesLn 2g$196K
Gifts and grantsLn 1h$10K
Money outPt IX
$170K
Ln 25
Programscol B$164K
Managementcol C$3K
Fundraisingcol D$3K
Owns and owesPt X
$246K
net assets · Ln 32
Cash and savingsLn 1–2$445K
Total assetsLn 16$1.6M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a812
IndependentVI 1b812
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10K
Fees for servicesLn 2g$196K
Gains on assetsLn 7$0
Total revenueLn 12$207K
Assets in detailPt X, end of year
CashLn 1$12K
SavingsLn 2$433K
Cash and savings togetherLn 1–2$445K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.0M
Other assetsLn 15$7K
Total assetsLn 16$1.6M
LiabilitiesLn 26$1.3M
Net assetsLn 32$246K
OperationsPt I, VI
EmployeesI 50
VolunteersI 625
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$425K$445K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.0M$1.0M
Total assetsLn 16$1.5M$1.6M
LiabilitiesLn 26$1.3M$1.3M
Net assetsLn 32$209K$246K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$47K$47K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$51K$51K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$48K$48K
All other expensesLn 24e$11K$7K$860$3K
Total functional expensesLn 25$170K$164K$3K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $308K$201K$107K$448K 990 PDF
FY2024 $236K$236K$256$341K 990 PDF
FY2023 $247K$162K$86K$331K 990 PDF
FY2022 Viewing $207K$170K$37K$246K 990 PDF
FY2021 $239K$200K$39K$209K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $206,650 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $78,426$10,150
I-9 Program service revenuePrior year $160,253$196,500
I-10 Investment incomePrior year $329$0
I-11 Other revenue$0
I-12 Total revenuePrior year $239,008$206,650
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $200,176$169,693
I-18 Total expensesPrior year $200,176$169,693
I-19 Revenue less expensesPrior year $38,832$36,957
Part VI · Governance 812 of 812 board members independent, 1 to look at
VI-1a Voting members of the governing body812
VI-1b Independent voting members812
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $206,650 across 9 lines filed
VIII-1f All other contributions, gifts and grants$10,150
VIII-1h Total contributions, gifts and grants$10,150
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $196,500$196,500
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $196,500$206,650
Part IX · Statement of functional expenses $169,693 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,734$1,734
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $46,763$46,763
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $51,442$51,442
IX-23 InsurancePrograms $10,626$10,626
IX-24 Other expenses (24a–d)Programs $48,093$48,093
IX-24e All other expensesPrograms $7,166 · Management $860 · Fundraising $3,009$11,035
IX-25 Total functional expensesPrograms $164,090 · Management $2,594 · Fundraising $3,009$169,693
Part X · Balance sheet $1,558,921 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $8,623$11,573
X-2 Savings and temporary cash investmentsStart of year $416,352$432,989
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $43,204$48,804
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $1,008,360$1,007,023
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $57,606$51,542
X-15 Other assetsStart of year $6,990$6,990
X-16 Total assetsStart of year $1,541,135$1,558,921
X-17 Accounts payable and accrued expensesStart of year $650$651
X-24 Unsecured notes and loans payableStart of year $27,500$27,500
X-25 Other liabilitiesStart of year $54,000$58,000
X-26 Total liabilitiesStart of year $1,332,521$1,313,350
X-27 Net assets without donor restrictionsStart of year $208,614$245,571
X-32 Total net assets or fund balancesStart of year $208,614$245,571
X-33 Total liabilities and net assetsStart of year $1,541,135$1,558,921
Part XI · Reconciliation of net assets $245,571 net assets at year end
XI-1 Total revenue$206,650
XI-2 Total expenses$169,693
XI-3 Revenue less expenses$36,957
XI-4 Net assets at start of year$208,614
XI-10 Net assets at end of year$245,571

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.