NORTHERN ILLINOIS UNIVERSITY ALUMNI ASSOCIATION

EIN: 237013258 501(c)(3)

DEKALB, IL

Total Revenue
$1,196,387
Total Expenses
$1,296,582
Total Assets
$2,687,455
Net Assets
$2,357,586
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Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
IL
Principal Officer
REYNALDO BUSTINZA
Phone
8157629890
Tax Period
2019-07-01 to 2020-06-30

NORTHERN ILLINOIS UNIVERSITY ALUMNI ASSOCIATION, founded in 1936, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2019. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

THE ASSOCIATION HAS A MISSION TO BUILD LONG TERM RELATIONSHIPS WITH NIU ALUMNI AND FRIENDS BY COMMUNICATING THE MESSAGE OF EXCELLENCE AND CREATING OPPORTUNITIES FOR ALUMNI AND FRIENDS OF THE UNIVERSITY TO INTERACT WITH THE UNIVERSITY COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $25,950

SCHOLARSHIPS - EACH YEAR THE VOLUNTEER BOARD MAKES A FINANCIAL COMMITMENT TO PROVIDE SUPPORT FOR CURRENTLY ENROLLED STUDENTS. THE AWARDING OF SCHOLARSHIP IS DONE BY A COMMITTEE OF ALUMNI WITHOUT...

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SCHOLARSHIPS - EACH YEAR THE VOLUNTEER BOARD MAKES A FINANCIAL COMMITMENT TO PROVIDE SUPPORT FOR CURRENTLY ENROLLED STUDENTS. THE AWARDING OF SCHOLARSHIP IS DONE BY A COMMITTEE OF ALUMNI WITHOUT REGARD TO RACE, AGE, MAJOR, OR GENDER.

Program 2
Expenses: $1,094,753 Revenue: $895,280

THE NORTHERN ILLINOIS UNIVERSITY ALUMNI ASSOCIATION IS DEDICATED TO ENHANCING THE UNIVERSITY'S REPUTATION AND THE CULTIVATION AND ENGAGEMENT OF FUTURE AND CURRENT ALUMNI. ALUMNI ARE INVITED TO BECOME...

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THE NORTHERN ILLINOIS UNIVERSITY ALUMNI ASSOCIATION IS DEDICATED TO ENHANCING THE UNIVERSITY'S REPUTATION AND THE CULTIVATION AND ENGAGEMENT OF FUTURE AND CURRENT ALUMNI. ALUMNI ARE INVITED TO BECOME MEMBERS OF THE NIU ALUMNI ASSOCIATION. BENEFITS OF MEMBERSHIP INCLUDE ACCESS TO ADDITIONAL UNIVERSITY ACTIVITIES. THE ASSOCIATION SPONSORS OVER 150 SPECIAL EVENTS EACH YEAR. A SAMPLING OF OUR MAJOR PROGRAMMING AND EVENTS INCLUDE: ALUMNI AWARDS: EVERY YEAR THE NIU AA RECOGNIZES THE ACHIEVEMENT OF OUTSTANDING ALUMNI BASED ON PROFESSIONAL AND PERSONAL SUCCESSES, AS WELL AS INVOLVEMENT IN CIVIC, CULTURAL, OR CHARITABLE ACTIVITIES. ALUMNI TRAVEL: ALUMNI AND FRIENDS OF NORTHERN ILLINOIS UNIVERSITY JOIN ONE ANOTHER THROUGHOUT THE YEAR ON EXCITING AND EDUCATIONAL TRAVEL PROGRAMS. ALL TRIPS ARE OPEN TO THE PUBLIC AND CAN BE ACCOMPANIED BY AN NIU FACULTY MEMBER, AN ASSOCIATION STAFF MEMBER, AND LOCAL GUIDES. MEMBERSHIP: MEMBERSHIP DUES ARE USED TO SUPPORT ALUMNI PROGRAMMING. MEMBERSHIP DEMONSTRATES AN ALUMNUS DEDICATION TO THE FUTURE SUCCESS OF NIU. MEMBERSHIP ALSO GRANTS MEMBER BENEFITS BOTH ON AND OFF CAMPUS. SOME BENEFITS ARE: - SPECIAL PRICING ON CAREER VISION ADVANTAGE ASSESSMENTS AND CAREER CONSULTING SERVICE FOR ALUMNI AND MEMBERS OF THEIR IMMEDIATE FAMILIES - ACCESS TO ONLINE CAREER ENHANCEMENT SERIES - DISCOUNTS ON ALUMNI EVENT REGISTRATIONS AND FOOTBALL SEASON TICKETS AND DISCOUNTS ON PURCHASES FROM NIU PRESS, HOLMES STUDENT CENTER BOOKSTORE, AND BARSEMA ALUMNI AND VISITORS CENTER ALUMNI SHOP CAREER CONSULTING SERVICE FOR ALUMNI AND MEMBERS OF THEIR IMMEDIATE FAMILIES

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Trantor Score

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

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $116,436
Program Service Revenue $895,280
Investment Income $62,622
Other Revenue $122,049
TOTAL REVENUE $1,196,387

Expense Breakdown

Grants Paid $25,950
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,120,703
Other Expenses $1,270,632
TOTAL EXPENSES $1,296,582

Year-over-Year Comparison

2019 2018 Change
Revenue $1,196,387 $1,715,009 -0.3%
Expenses $1,296,582 $1,627,236 -0.2%
Net Income $-100,195 $87,773 -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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Liquidity & Cash Position

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Governance

Voting Members
27
Independent Members
27
Employees
N/A
Volunteers
887

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
6
$152,854
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Reynaldo Bustinza Secretary and Executive Direct 37.5
Officer
$0 $24,281 $152,854
Joseph Sener President 8.0
Officer Director
$0 $0 $0
Rich Escalante Vice President 8.0
Officer Director
$0 $0 $0
Sankat Patel Vice President 8.0
Officer Director
$0 $0 $0
Michael Hughes Treasurer 8.0
Officer Director
$0 $0 $0
Peter Garrity Immediate Past Presidnet 4.0
Officer Director
$0 $0 $0
David Albright Director 4.0
Director
$0 $0 $0
Louis Apostol Director 4.0
Director
$0 $0 $0
Marlo Barnett Director 4.0
Director
$0 $0 $0
Kimberly Buchanan Director 4.0
Director
$0 $0 $0
Michael Cahill Director 4.0
Director
$0 $0 $0
Lane Coleman Director 4.0
Director
$0 $0 $0
Chad Fitz Director 4.0
Director
$0 $0 $0
Carlos Fulcher Director 4.0
Director
$0 $0 $0
Paul Green Director 4.0
Director
$0 $0 $0
Pat Gregolunas Director 4.0
Director
$0 $0 $0
Donald Hubbartt Director 4.0
Director
$0 $0 $0
Marty Johnstone Director 4.0
Director
$0 $0 $0
Thomas Libert Director 4.0
Director
$0 $0 $0
Jacqueline Marcus Director 4.0
Director
$0 $0 $0
Kimberly Moore Director 4.0
Director
$0 $0 $0
Vinay Mullick Director 4.0
Director
$0 $0 $0
Mark Pienkos Director 4.0
Director
$0 $0 $0
Sherry Reynolds-Whitak Director 4.0
Director
$0 $0 $0
Valerie Salmons Director 4.0
Director
$0 $0 $0
Joe Sosnowski Director 4.0
Director
$0 $0 $0
Karla Vilchez-Neal Director 4.0
Director
$0 $0 $0
Fred Vinciguerra Director 4.0
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
2020 $1,196,387 $1,296,582 $2,687,455 $-100,195
2019 $1,715,009 $1,627,236 $2,905,852 $87,773
2018 $1,242,065 $1,286,346 $3,199,984 $-44,281
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