WILLIAM PATERSON UNIVERSITY OF NEW JERSEY ALUMNI ASSOCIATION

EIN: 237117036 501(c)(3) Education

WAYNE, NJ

Total Revenue
$119,945
Total Expenses
$116,162
Total Assets
$54,097
Net Assets
$54,097
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
NJ
Principal Officer
JENNA VILLANI
Phone
9737202176
Tax Period
2022-07-01 to 2023-06-30

WILLIAM PATERSON UNIVERSITY OF NEW JERSEY ALUMNI ASSOCIATION, founded in 1964, is a small nonprofit in the Education sector that reported $120K in total revenue in fiscal year 2022. Expenses of $116K left a modest 3% surplus.

Mission

THE WILLIAM PATERSON ALUMNI ASSOCIATION IS DEDICATED TO:-PROMOTING WILLIAM PATERSON UNIVERSITY BY CONNECTING WITH MEMBERS.-PROVIDING OPPORTUNITIES FOR MEMBERS TO INTERACT WITH THE UNIVERSITY IN ORDER TO ADVANCE THEIR PERSONAL AND PROFESSIONAL GROWTH.-CREATING AWARENESS AND LOYALTY THROUGH PHILANTHROPY AND SERVICE IN SUPPORT OF THE IDEALS OF THE UNIVERSITY.

Program Service Accomplishments

Program 1
Expenses: $66,361 Revenue: $0

THE WILLIAM PATERSON UNIVERSITY ALUMNI ASSOCIATION AWARDS SCHOLARSHIPS TO WILLIAM PATERSON UNIVERSITY STUDENTS WHO SHOW ACADEMIC EXCELLENCE AND DEMONSTRATE FINANCIAL NEED. THE ASSOCIATION ALSO AWARDS...

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THE WILLIAM PATERSON UNIVERSITY ALUMNI ASSOCIATION AWARDS SCHOLARSHIPS TO WILLIAM PATERSON UNIVERSITY STUDENTS WHO SHOW ACADEMIC EXCELLENCE AND DEMONSTRATE FINANCIAL NEED. THE ASSOCIATION ALSO AWARDS GRANTS TO UNIVERSITY FACULTY AND STAFF TO ENHANCE STUDENT ACTIVITIES, ACADEMIC PROGRAMS AND STUDENT FINANCIAL SUPPORT. THE ASSOCIATION MAINTAINS CONTACT WITH NEARLY 87,000 ALUMNI BY SPONSORING REUNIONS AND SPECIAL EVENTS, OFFERING PRINT AND ELECTRONIC COMMUNICATIONS, AND MARKETING VARIOUS SOCIAL MEDIA PLATFORMS DESIGNED TO MEET THE NEEDS OF ITS CONSTITUENCY AND FOSTER A SENSE OF COMMUNITY.

Program 2
Expenses: $33,250 Revenue: $0

THE ALUMNI ASSOCIATION PROVIDES THE UNIVERSITY WITH FUNDS IN SUPPORT OF ITS AREAS OF GREATEST NEED. A GRANT WAS MADE TO THE UNIVERSITY TO SUPPORT THE ALUMNI ASSOCIATION INCENTIVE GRANT. THIS PROGRAM...

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THE ALUMNI ASSOCIATION PROVIDES THE UNIVERSITY WITH FUNDS IN SUPPORT OF ITS AREAS OF GREATEST NEED. A GRANT WAS MADE TO THE UNIVERSITY TO SUPPORT THE ALUMNI ASSOCIATION INCENTIVE GRANT. THIS PROGRAM IS DESIGNED TO ASSIST STUDENTS WITH SMALL OUTSTANDING BALANCES ON THEIR STUDENT ACCOUNTS TO REMAIN ENROLLED AT WILLIAM PATERSON UNIVERSITY BY BEING GIVEN A GRANT TO ENABLE THEM TO REMAIN IN SCHOOL AND EARN THEIR DEGREE IN A TIMELIER FASHION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $80,122
Program Service Revenue $0
Investment Income $4,100
Other Revenue $35,723
TOTAL REVENUE $119,945

Expense Breakdown

Grants Paid $67,750
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $99,611
Other Expenses $48,412
TOTAL EXPENSES $116,162

Year-over-Year Comparison

2022 2021 Change
Revenue $119,945 $116,532 +0.0%
Expenses $116,162 $111,946 +0.0%
Net Income $3,783 $4,586 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
27
Independent Members
27
Employees
N/A
Volunteers
31

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
$48,380
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELE GARCIA PRESIDENT 0.50
Officer Director
$0 $0 $0
ANDREW FACCONE VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
DAN O'BRIEN TREASURER 0.50
Officer Director
$0 $0 $0
DEBBIE GANTERT RECORDING SECRETARY 0.50
Officer Director
$0 $0 $0
LAUREN AGNEW COUNCIL MEMBER 0.50
Director
$0 $0 $0
JEAN AIRES COUNCIL MEMBER THRU 03/2023 0.50
Director
$0 $0 $0
MICHAEL BLIZZARD COUNCIL MEMBER 0.50
Director
$0 $0 $0
PAUL BONNEY COUNCIL MEMBER 0.50
Director
$0 $0 $0
PAMELA BRILLANTE COUNCIL MEMBER 0.50
Director
$0 $0 $0
KIMBERLY CAMPIGOTTO COUNCIL MEMBER 0.50
Director
$0 $0 $0
CARLOS O CANO COUNCIL MEMBER 0.50
Director
$0 $0 $0
MARY ANN COOPER COUNCIL MEMBER 0.50
Director
$0 $0 $0
GLENN DIGIACOMO COUNCIL MEMBER THRU 09/2022 0.50
Director
$0 $0 $0
DOMENICO DIMAIO COUNCIL MEMBER 0.50
Director
$0 $0 $0
FRANK EMOLO COUNCIL MEMBER 0.50
Director
$0 $0 $0
NAFIN ELIAS COUNCIL MEMBER 0.50
Director
$0 $0 $0
PETER GRISAFI COUNCIL MEMBER 0.50
Director
$0 $0 $0
JACK GUILIANO COUNCIL MEMBER THRU 10/2022 0.50
Director
$0 $0 $0
KEVIN HADEN COUNCIL MEMBER 0.50
Director
$0 $0 $0
ROLA HANNOUSH COUNCIL MEMBER 0.50
Director
$0 $0 $0
WILLIAM JOOSTEN COUNCIL MEMBER 0.50
Director
$0 $0 $0
CHRIS MCCOLLUM COUNCIL MEMBER 0.50
Director
$0 $0 $0
ALLISON MORGAN COUNCIL MEMBER THRU 08/2022 0.50
Director
$0 $0 $0
JEVON MORGAN COUNCIL MEMBER 0.50
Director
$0 $0 $0
ANDREW PIESTER COUNCIL MEMBER 0.50
Director
$0 $0 $0
NAIMA RICKS COUNCIL MEMBER 0.50
Director
$0 $0 $0
MICHAEL SANTORO COUNCIL MEMBER 0.50
Director
$0 $0 $0
VINCENT SAUSA COUNCIL MEMBER 0.50
Director
$0 $0 $0
BEVERLEE SCHWEIGHARDT COUNCIL MEMBER 0.50
Director
$0 $0 $0
DENNIS VROEGINDEWEY COUNCIL MEMBER 0.50
Director
$0 $0 $0
JAMES VAN WYCK COUNCIL MEMBER 0.50
Director
$0 $0 $0
JENNA VILLANI EXECUTIVE DIRECTOR 12.00
Officer
$35,138 $13,242 $48,380
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
2023 $119,945 $116,162 $54,097 $3,783
2022 $116,532 $111,946 $49,347 $4,586
2021 $66,845 $66,616 $50,875 $229
2020 $137,486 $120,906 $40,210 $16,580
2019 $108,194 $101,064 $43,443 $7,130
2018 $110,573 $457,891 $42,260 $-347,318
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