INDIANA UNIVERSITY ALUMNI ASSOCIATION INC

EIN: 237056162 501(c)(3)

BLOOMINGTON, IN

Total Revenue
$10,306,539
Total Expenses
$10,304,367
Total Assets
$34,727,845
Net Assets
$33,463,646
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
IN
Phone
8128556305
Tax Period
2024-07-01 to 2025-06-30

INDIANA UNIVERSITY ALUMNI ASSOCIATION INC, founded in 1969, is a mid-sized nonprofit that reported $10.3M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Net assets of $33.5M represent 39 months of operating reserves.

Mission

IDENTIFY AND INVOLVE MORE THAN 805,000 ALUMNI TO SERVE INDIANA UNIVERSITY AND EACH OTHER.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,217,241
Program Service Revenue $1,390,765
Investment Income $1,224,102
Other Revenue $474,431
TOTAL REVENUE $10,306,539

Expense Breakdown

Grants Paid $1,756,875
Salaries & Benefits $5,004,891
Fundraising Expenses $58,263
Program Expenses $9,335,749
Other Expenses $3,542,601
TOTAL EXPENSES $10,304,367

Year-over-Year Comparison

2024 2023 Change
Revenue $10,306,539 $11,126,272 -0.1%
Expenses $10,304,367 $10,148,276 +0.0%
Net Income $2,172 $977,996 -1.0%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
35
Volunteers
720

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
9
$371,919
Total Directors
14
$186,016
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAWN WHITEHEAD CHAIR 10.0
Officer Director
$0 $0 $0
KYLE KING SECRETARY 10.0
Officer Director
$0 $0 $0
MARTIN VARGAS IMMEDIATE PAST CHAIR 10.0
Officer Director
$0 $0 $0
PATRICIA RIVEIRE CHIEF EXECUTIVE OFFICER 40.0
Officer Director
$138,504 $47,512 $186,016
SHELLEY RAPER TREASURER 10.0
Officer Director
$0 $0 $0
SHONTRAI IRVING VICE CHAIR 10.0
Officer Director
$0 $0 $0
YUNG NGUYEN CHAIR ELECT 10.0
Officer Director
$0 $0 $0
CINDY STONE MEMBER 10.0
Director
$0 $0 $0
JOHN BROWN MEMBER 10.0
Director
$0 $0 $0
KATELYN KING STUDENT REPRESENTATIVE 10.0
Director
$0 $0 $0
MARY SUSAN BUHNER MEMBER 10.0
Director
$0 $0 $0
MAUTRICE MERIWEATHER MEMBER 10.0
Director
$0 $0 $0
MICHAEL WARGO MEMBER 10.0
Director
$0 $0 $0
SHISHIR DESHPANDE MEMBER 10.0
Director
$0 $0 $0
Michael King BEG 0125 Executive Director of Finance 40.0
Officer
$0 $0 $0
SARAH PIKE END 0125 EXECUTIVE DIRECTOR OF FINANCE 40.0
Officer
$145,057 $40,846 $185,903
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 $10,306,539 $10,304,367 $34,727,845 $2,172
2024 $11,126,272 $10,148,276 $33,332,242 $977,996
2023 $10,843,651 $10,797,946 $30,909,102 $45,705
2022 $10,109,353 $9,643,718 $31,479,674 $465,635
2021 $9,864,254 $9,052,588 $31,837,424 $811,666
2020 $11,045,770 $11,059,027 $24,095,097 $-13,257
2019 $12,727,499 $12,577,047 $26,358,367 $150,452
2018 $13,826,841 $12,671,058 $26,154,642 $1,155,783
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