UB ALUMNI ASSOCIATION INC

EIN: 161540927 501(c)(3) Education

BUFFALO, NY

Total Revenue
$269,813
Total Expenses
$176,758
Total Assets
$455,470
Net Assets
$230,051
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NY
Principal Officer
JOSEPH STEFKO
Phone
7166453312
Tax Period
2023-07-01 to 2024-06-30

UB ALUMNI ASSOCIATION INC, founded in 1999, is a small nonprofit in the Education sector that reported $270K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $93K, a strong 34% operating margin.

Mission

THE UB ALUMNI ASSOCIATION, INC. IS A VOLUNTEER LED ORGANIZATION THAT PROVIDES ON GOING SERVICE TO THE ALUMNI OF THE STATE UNIVERSITY OF NEW YORK AT BUFFALO AND A FOCUS FOR ALUMNI SUPPORT FOR, AND SERVICE TO, SUNY BUFFALO, ITS STUDENTS, FACULTY AND STAFF MEMBERS, AND SUPPORT TO LESSEN THE BURDENS OF SUNY BUFFALO.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $74,342
Program Service Revenue $195,471
Investment Income $0
Other Revenue $0
TOTAL REVENUE $269,813

Expense Breakdown

Grants Paid $147,138
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $149,798
Other Expenses $29,620
TOTAL EXPENSES $176,758

Year-over-Year Comparison

2023 2022 Change
Revenue $269,813 $230,140 +0.2%
Expenses $176,758 $200,424 -0.1%
Net Income $93,055 $29,716 +2.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
29
Independent Members
29
Employees
N/A
Volunteers
33

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH STEFKO PRESIDENT 0.50
Officer Director
$0 $0 $0
EILEEN MARUTIAK PRESIDENT ELECT 0.50
Officer Director
$0 $0 $0
DHARSHAN JAYASINGHE PAST PRESIDENT 0.50
Officer Director
$0 $0 $0
BRENDAN BRADY VP FINANCE 0.50
Officer Director
$0 $0 $0
THOMAS MCARTHUR SECRETARY 0.50
Officer Director
$0 $0 $0
RONALD BALTER DIRECTOR 0.50
Director
$0 $0 $0
KIRKLYN BERRY DIRECTOR 0.50
Director
$0 $0 $0
JOHN BODKIN II MD DIRECTOR 0.50
Director
$0 $0 $0
AKINLAJA CAULCRICK DIRECTOR 0.50
Director
$0 $0 $0
ERIC CORTELLESSA DIRECTOR 0.50
Director
$0 $0 $0
CAROLYN DACHS FARRELL DIRECTOR 0.50
Director
$0 $0 $0
JELANI FREEMAN DIRECTOR 0.50
Director
$0 $0 $0
ANIL KSHIRSAGAR MBA DIRECTOR 0.50
Director
$0 $0 $0
JOHN LOURY DIRECTOR 0.50
Director
$0 $0 $0
CHRISTOPHER MAUGANS JD DIRECTOR 0.50
Director
$0 $0 $0
DEEPA NAGARAJAN DIRECTOR 0.50
Director
$0 $0 $0
JAY NISBERG DIRECTOR 0.50
Director
$0 $0 $0
HENRY NOWAK JR JD DIRECTOR 0.50
Director
$0 $0 $0
MARK NUSBAUM DIRECTOR 0.50
Director
$0 $0 $0
WEST RICHTER JR DIRECTOR 0.50
Director
$0 $0 $0
NICHOLAS ROMANO DIRECTOR 0.50
Director
$0 $0 $0
MARY LOU SCHILLINGER DIRECTOR 0.50
Director
$0 $0 $0
MARK STRAMAGLIA MBA DIRECTOR 0.50
Director
$0 $0 $0
MARY SZABAT DIRECTOR 0.50
Director
$0 $0 $0
ANDREW TAN DIRECTOR 0.50
Director
$0 $0 $0
DARLENE RIGGINS WHITE DDS DIRECTOR 0.50
Director
$0 $0 $0
GARY WINSTON DIRECTOR 0.50
Director
$0 $0 $0
PAUL WITTMAN DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER WOZNIAK MBA DIRECTOR 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $269,813 $176,758 $455,470 $93,055
2023 $230,140 $200,424 $239,618 $29,716
2022 $223,881 $213,037 $166,222 $10,844
2021 $199,310 $174,004 $146,655 $25,306
2020 $186,876 $153,788 $101,220 $33,088
2019 $198,589 $200,370 $79,159 $-1,781
2018 $141,760 $117,864 $142,401 $23,896
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