2024-02-02T10:02:47-06:00 2023-06-30 471019942 CREATIVE PLANNING TAX LLC PO BOX 2100 WATERLOO IA 507042100 990 2022-07-01 426062614 IOWA STATE UNIVERSITY ALUMNI ASSOCIATION IOWA 5152945085 429 ALUMNI LANE AMES IA 50011 JEFFERY W JOHNSON TALBOT ENDOWED PRESIDENT & CEO 5152945085 2024-02-01 1 JEFFERY JOHNSON 999009999 0 BRIAN ARONSON CPA P01425251 3192346885 2024-01-29 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFFERY W JOHNSON 429 ALUMNI LANE AMES IA 50011 3943238 0 X WWW.ISUALUM.ORG X 1878 IA TO FACILITATE THE LIFETIME CONNECTION OF ALUMNI, STUDENTS, AND FRIENDS WITH IOWA STATE UNIVERSITY AND EACH OTHER. 27 27 61 40 448733 0 2209916 1985717 765235 908034 113302 66291 524791 838420 3613244 3798462 40175 0 0 0 2078037 2379805 0 0 151955 0 1870565 2118212 4250370 1495032 -451908 19372302 20583661 3552222 4296977 15820080 16286684 X TO FACILITATE THE LIFETIME CONNECTION OF ALUMNI, STUDENTS, AND FRIENDS WITH IOWA STATE UNIVERSITY AND EACH OTHER. 0 0 755298 85761 COMMUNICATION: IOWA STATER MAGAZINE IS PUBLISHED THREE TIMES PER YEAR AND MAILED TO THE ISU ALUMNI ASSOCIATION'S APPROXIMATELY 44,000 MEMBERS. ISU NEWS FLASH IS AN ELECTRONIC NEWSLETTER SENT TO ALL ALUMNI WITH A VALID EMAIL EVERY OTHER WEEK. ADDITIONAL COMMUNICATIONS SERVICES INCLUDE WEBSITES FOR THE ISU ALUMNI ASSOCIATION AND ITS AFFILIATE STUDENT PROGRAMS; THE ONLINE COMMUNITY, WHICH INCLUDES AN ALUMNI DIRECTORY, MOBILE APP, AND AN ANNUAL PRINTED ISU WALL CALENDAR. 706310 325086 CONSTITUENT ENGAGEMENT: HOSTS A VARIETY OF EVENTS, PROGRAMS, AND SERVICES FOR STUDENTS, ALUMNI, AND FRIENDS, LOCALLY AND ACROSS THE NATION TO PROMOTE ENGAGEMENT IN THE LIFE OF THE UNIVERSITY. EVENTS INCLUDE, BUT ARE NOT LIMITED TO, ATHLETIC-RELATED EVENTS, ALUMNI CLUBS, YOUNG ALUMNI PROGRAMS, REUNIONS, AWARDS, VOLUNTEER PROGRAM, ALUMNI RECEPTIONS AND STUDENT EVENTS. OSHER LIFELONG LEARNING INSTITUTE PROVIDES A LEARNING EXPERIENCE FOR THOSE 50 AND OVER. THE STUDENT PROGRAM'S LEADERSHIP GROUP, SALC, IS BROKEN INTO FIVE COMMITTEES: CYCLONE ALLEY, AMBASSADORS, SENIOR CLASS COUNCIL, HOMECOMING, AND EXEC. BETWEEN ALL COMMITTEES, THE ENTIRE STUDENT BODY IS REACHED MANY TIMES DURING THE SCHOOL YEAR. 686729 TRAVEL & BUSINESS DEVELOPMENT: THE ALUMNI ASSOCIATION'S TRAVELING CYCLONES TRAVEL TOURS OFFER EDUCATIONAL AND CULTURAL EXPERIENCES OF A LIFETIME FOR ITS ALUMNI, THEIR FAMILY AND FRIENDS. THE PROGRAM STRENGTHENS ALUMNI LOYALTY AND SUPPORT FOR THE ASSOCIATION AND THE UNIVERSITY IN AN INFORMAL SETTING. BUSINESS DEVELOPMENT INCLUDES BUSINESS PARTNERSHIPS AND AFFINITY PROGRAMS. 472101 187955 ALUMNI CENTER: THE ISU ALUMNI CENTER HOUSES THE ISU ALUMNI ASSOCIATION OFFICES AND PROVIDES MEETING AND EVENT SPACE FOR IOWA STATE UNIVERSITY, ALUMNI, AND THE PUBLIC. IT PROVIDES A PLACE FOR ALUMNI AND FRIENDS TO RE-ENGAGE WITH OTHER ALUMNI AND WITH IOWA STATE UNIVERSITY. 345678 231691 MEMBER SERVICES: MEMBER SERVICES HANDLES ALL DUTIES RELATED TO THE MEMBERSHIP PROGRAM INCLUDING RECRUITMENT BY DIRECT MAIL AND BY E-MAIL. RETENTION, BENEFIT PROCUREMENT, AND FULFILLMENT TO MORE THAN APPROXIMATELY 44,000 MEMBERS, THE SPONSORSHIP PROGRAM, AND OTHER SPECIAL PROJECTS TO ENGAGE BUSINESS PARTNERS WITH OUR ALUMNI. 817779 419646 2966116 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 6 0 1 61 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X X X AMY CRABBS 5152945085 429 ALUMNI LANE AMES IA 50011 SCOTT BAUER CHAIR OF FINANCE 2.00 X X 0 0 0 CHAD HARRIS VICE CHAIR OF RECORDS 2.00 X X 0 0 0 MARC MORES CHAIR 3.00 X X 0 0 0 TIMOTHY QUICK IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 CATHY SCHMIDT CHAIR-ELECT 4.00 X X 0 0 0 DAN BUMBLAUSKAS BOARD MEMBER 1.00 X 0 0 0 KELLI CAMERON BOARD MEMBER 1.00 X 0 0 0 JEREMY DAVIS BOARD MEMBER 1.00 X 0 0 0 TAYLOR DAVIS BOARD MEMBER 1.00 X 0 0 0 MARVIN DEJEAR BOARD MEMBER 1.00 X 0 0 0 GAYLE FARRELL BOARD MEMBER 1.00 X 0 0 0 ANDREA FELLOWS BOARD MEMBER 1.00 X 0 0 0 ALLISON FLINN BOARD MEMBER 1.00 X 0 0 0 BRONSON FORSYTH BOARD MEMBER 1.00 X 0 0 0 TREY HEMMINGSEN BOARD MEMBER 1.00 X 0 0 0 CARL KIRPES BOARD MEMBER 1.00 X 0 0 0 BRADLEY LEWIS BOARD MEMBER 1.00 X 0 0 0 SOPHIA MAGILL BOARD MEMBER 1.00 X 0 0 0 AMANDA MATCHETT BOARD MEMBER 1.00 X 0 0 0 DARIUS POTTS BOARD MEMBER 1.00 X 0 0 0 DAWN REFSELL BOARD MEMBER 1.00 X 0 0 0 BRITTNEY RUTHERFORD BOARD MEMBER 1.00 X 0 0 0 MELISSA SCHNURR BOARD MEMBER 1.00 X 0 0 0 MARTHA SMITH BOARD MEMBER 1.00 X 0 0 0 KATHY TAYLOR BOARD MEMBER 1.00 X 0 0 0 BONNIE WHALEN BOARD MEMBER 1.00 X 0 0 0 JEREMY WINGERTER BOARD MEMBER 1.00 X 0 0 0 JEFFERY W JOHNSON TALBOT ENDOWED PRESIDENT AND CEO 40.00 X 278240 0 44195 AMY CRABBS VP OF FINANCE 40.00 X 35520 0 15349 SHANNON FOOTE VP OF MARKETING, COMMUNICATIONS, & MEMBER SERVICES 40.00 X 110889 0 18967 424649 0 78511 2 0 1 0 0 632781 66221 1286715 1985717 ACTIVITY AND EVENT FEE 611710 325086 325086 FACILITY RENTAL 532000 205826 187955 17871 MEMBERSHIP DUES 611710 168091 168091 SALES 611710 145431 85761 59670 SPONSORSHIPS & FEES 611710 63600 63600 908034 12589 12589 769813 371192 398621 53702 0 53702 53702 53702 213383 66221 144776 68607 68607 3798462 830493 448733 533519 624381 284611 265476 74294 1156706 947780 166892 42034 136914 97100 32487 7327 344253 239033 88536 16684 117551 83233 28050 6268 2851 2851 39270 39270 260731 260731 132540 91004 41536 372165 356232 15933 86682 72235 14447 183935 153279 30656 265765 226669 33748 5348 68771 31944 36827 367948 307972 59976 32718 27265 5453 MISCELLANEOUS 56580 47150 9430 0 SCHOLARSHIPS AND AWARDS 609 609 0 0 4250370 2966116 1132299 151955 539 348 1282912 1912783 0 0 1174625 2049669 39008 33959 63767 80636 110249 110249 0 0 16131969 16506266 679482 0 19372302 20583661 703868 1323201 146214 79753 2702140 2894023 3552222 4296977 X 5066716 5200456 10753364 11086228 15820080 16286684 19372302 20583661 -451908 768194 44591 105727 X X 0 1 X 1 0 X 2354710 1988259 3862415 2209916 1985717 12401017 2354710 1988259 3862415 2209916 1985717 12401017 171546 12229471 596730 512361 2000943 455397 938247 4503678 0 0 0 21254 189384 210638 17115333 0.71450 0.75390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 16131969 364244 823929 553145 260731 16506266 16788359 177574 -113933 496951 223080 16131969 10967372 1818290 4075859 73162 16788359 11171263 264037 1166 283393 185701 10967372 10156257 958337 502428 249374 196385 11171263 0.35000 0.65000 1 0 25643 25643 0 84606 84606 0 0 INVESTMENTS, POOLED FUNDS 5756343 F BENEFICIAL INTEREST IN POOLED INVESTMENTS 10749923 F 16506266 DEPOSITS HELD FOR OTHERS 20089 DEFERRED REVENUE, AFFINITY CONTRACT 609362 DEFERRED REVENUE, LIFE MEMBERSHIPS 2264572 2894023 4556428 768194 250503 1018697 3537731 260731 260731 3798462 4134415 144776 144776 3989639 260731 260731 4250370 PART III, LINE 4: THE ASSOCIATION MAINTAINS SOME UNIVERSITY RELATED MEMORABILIA AND MAY RECEIVE SUCH ITEMS FROM INDIVIDUALS. MOST ITEMS HAVE NO INTRINSIC FINANCIAL VALUE, AND ARE NOT REPORTED AS REVENUE OR ASSETS ON THE ASSOCIATION'S FINANCIAL STATEMENTS. ITEMS ARE DISPLAYED IN THE ALUMNI CENTER FOR ALUMNI TO VIEW. PART V, LINE 4: INCOME FROM BOARD DESIGNATED ENDOWMENT FUNDS ARE USED FOR GENERAL OPERATIONS AND PROGRAMMATIC EXPENSES. PERMANENT ENDOWMENTS INCLUDE THE ALUMNI PROGRAM ENDOWMENT AND THE ALUMNI CENTER BUILDING ENDOWMENT. FUNDS FROM THE ALUMNI PROGRAM ENDOWMENT GENERATE EARNINGS TO SUPPORT THE PROGRAMS OF THE ASSOCIATION. FUNDS FROM THE ALUMNI CENTER BUILDING ENDOWMENT GENERATE EARNINGS TO SUPPORT THE OPERATION OF THE ALUMNI CENTER. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NET WITH REVENUE ON 990 144,776. OTHER CHANGES IN NET ASSETS 105,727. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NET WITH REVENUE ON 990 144,776. GALA - DSM 238383 48915 189468 56961 4870 57778 GALA - KC 41221 17306 23915 8259 10676 750 5482 279604 66221 213383 8259 67637 5620 63260 144776 68607 X 1 1 X X X 0 0 0 1 0 1 0 0 0 JEFFERY W JOHNSON TALBOT ENDOWED PRESIDENT AND CEO 278240 0 0 0 0 0 26964 0 17231 0 322435 0 0 0 PART I, LINE 1A: THE PRESIDENT OF THE ISU ALUMNI ASSOCIATION FREQUENTLY TRAVELS TO VARIOUS ASSOCIATION AND UNIVERSITY ACTIVITIES. THESE ACTIVITIES ENGAGE ALUMNI AND FRIENDS WITH THE UNIVERSITY. THE PRESIDENT WILL BE THE OFFICIAL AMBASSADOR FOR THE ASSOCIATION AND UNIVERSITY. THE PRESIDENT'S SPOUSE WILL OCCASIONALLY ACCOMPANY THE PRESIDENT ON OFFICIAL BUSINESS. EXPENSES OF THE SPOUSE ARE NOT REIMBURSED BY THE ASSOCIATION WITH LIMITED EXCEPTIONS. PART I, LINE 5: THE PRESIDENT OF THE ALUMNI ASSOCIATION'S EMPLOYMENT CONTRACT INCLUDES MERIT PERFORMANCE MEASURES, WHICH IF MET, ALLOWS FOR ADDITIONAL COMPENSATION BEYOND BASE SALARY. CRITERIA FOR DETERMING THE LEVEL OF PERFORMANCE COMPENSATION EARNED INCLUDES CERTAIN LEVELS OF MEMBERSHIP GROWTH AND BUDGET TO ACTUAL RESULTS. FORM 990, PART V, LINES 1A-C AND 2A-B: THE STAFF OF THE ALUMNI ASSOCIATION ARE EMPLOYEES OF IOWA STATE UNIVERSITY WITH THE EXCEPTION OF THE PRESIDENT & CEO. THE ASSOCIATION IS SOLEY RESPONSIBLE FOR PAYING SALARY AND BENEFITS BASED ON THE MOA WITH THE UNIVERSITY. THE UNIVERSITY PAYROLL DEPARTMENT PROCESSES ALL PAYROLL, WITHHOLDINGS, AND REQUIRED PAYROLL FILINGS. UNIVERSITY HUMAN RESOURCES AND PAYROLL POLICY APPLIES TO STAFF. FORM 990, PART VI, SECTION A, LINE 6 CATEGORIES OF MEMBERSHIP ARE AS FOLLOWS: ANNUAL MEMBERS: ANY GRADUATE, FORMER STUDENT, CURRENT STUDENT, OR FRIEND OF IOWA STATE UNIVERSITY MAY BECOME AN ANNUAL MEMBER OF THE CORPORATION UPON PAYMENT OF ANNUAL DUES IN AN AMOUNT SET FORTH IN THE BYLAWS OR DETERMINED BY THE BOARD OF DIRECTORS OF THE CORPORATION, AND SUCH MEMBERSHIP SHALL CONTINUE SO LONG AS ANNUAL DUES IN SUCH AMOUNTS DETERMINED CONTINUE TO BE PAID. ANNUAL BUSINESS MEMBERS: ANY BUSINESS UNIT/IDENTITY MAY BECOME AN ANNUAL MEMBER OF THE CORPORATION UPON PAYMENT OF ANNUAL DUES IN AN AMOUNT SET FORTH IN THE BYLAWS OR DETERMINED BY THE BOARD OF DIRECTORS OF THE CORPORATION, AND SUCH MEMBERSHIP SHALL CONTINUE SO LONG AS ANNUAL DUES IN SUCH AMOUNTS DETERMINED CONTINUE TO BE PAID. LIFE MEMBERS: ANY GRADUATE, FORMER STUDENT, CURRENT STUDENT OR FRIEND OF IOWA STATE UNIVERSITY MAY BECOME A LIFE MEMBER OF THE CORPORATION UPON PAYMENT OF SUCH AMOUNT AS IS SET FORTH IN THE BYLAWS OR DETERMINED BY THE BOARD OF DIRECTORS OF THE CORPORATION TO BE THE LIFE MEMBERSHIP DUES. INSTALLMENT LIFE MEMBERS: ANY GRADUATE, FORMER STUDENT, CURRENT STUDENT OR FRIEND OF IOWA STATE UNIVERSITY MAY BECOME A VOTING INSTALLMENT LIFE MEMBER OF THE CORPORATION UPON PAYMENT OF SUCH AMOUNT SET FORTH IN THE BYLAWS OR DETERMINED BY THE BOARD OF DIRECTORS OF THE CORPORATION TO BE THE INSTALLMENT LIFE MEMBERSHIP DUES. "HONORARY" LIFE MEMBERS: ANY PERSON, OTHER THAN AN ALUMNUS OR ALUMNA, WHO HAS RENDERED DISTINGUISHED SERVICE TO IOWA STATE UNIVERSITY MAY BE SELECTED BY THE BOARD OF DIRECTORS OF THE CORPORATION AS AN "HONORARY" LIFE MEMBER OF THE CORPORATION AND SHALL NOT BE REQUIRED TO PAY DUES. "COMPLIMENTARY" LIFE MEMBERS: TWO CLASSES OF COMPLIMENTARY LIFE MEMBERS SHALL EXIST: (I) ANY ALUMNUS OR ALUMNA FROM 1968 THROUGH 2004 WHO RECEIVED THE WALLACE E. BARRON AWARD; AND (II) ANY ALUMNUS OR ALUMNA, OTHER THAN THOSE PERSONS DESCRIBED IN SUBSECTION (I), WHO HAS RENDERED DISTINGUISHED SERVICE TO IOWA STATE UNIVERSITY AS SELECTED BY THE BOARD OF DIRECTORS. NO "COMPLIMENTARY" LIFE MEMBER SHALL BE REQUIRED TO PAY DUES. FORM 990, PART VI, SECTION A, LINE 7A EACH YEAR, THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS SOLICITS CANDIDATES FOR BOARD MEMBERSHIP. FROM THOSE CANDIDATES, THE GOVERNANCE COMMITTEE FORWARDS THEIR RECOMMENDED SLATE TO THE BOARD OF DIRECTORS TO REVIEW. THE BOARD THEN VOTES WHETHER TO FORWARD THE SLATE OF CANDIDATES TO THE GENERAL ASSOCIATION MEMBERSHIP. ASSOCIATION MEMBERS THEN VOTE ON THE SLATE OF CANDIDATES. BALLOTS ARE SENT TO MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE 990 IS APPROVED BY THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C AT THE AUGUST MEETING OF THE BOARD OF DIRECTORS, ALL VOTING DIRECTORS REVIEW AND SIGN A CONFLICT-OF-INTEREST FORM. BOARD MEMBERS ARE REMINDED TO UPDATE THE FORM IF A RELATIONSHIP CHANGES DURING THE YEAR. THEY ARE ALSO REMINDED NOT TO PARTICIPATE IN VOTES REGARDING ANY ISSUES CONSIDERED TO BE A CONFLICT FOR THEM. STAFF ANNUALLY PROVIDE A STATEMENT THROUGH THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 15A SINCE ASSOCIATION STAFF ARE UNIVERSITY EMPLOYEES, COMPENSATION IS SET BY UNIVERSITY POLICY. THEIR SYSTEM HAS A PAY MATRIX FOR DIFFERENT LEVELS OF JOB CLASSIFICATIONS. THE ASSOCIATION CAN RECOMMEND ADDITIONAL COMPENSATION BASED ON MERIT. COMPENSATION OF THE PRESIDENT & CEO IS DETERMINED BY THE CEO EVALUATION COMMITTEE OF THE ASSOCIATION. THE COMMITTEE USES SURVEYS, JOB EVALUATIONS AND CONSULTATION WITH THE PRESIDENT OF THE UNIVERSITY IN DETERMINING BASE COMPENSATION. BENEFITS ARE THE SAME AS PROVIDED TO UNIVERSITY STAFF. FORM 990, PART VI, SECTION C, LINE 18 A PHYSICAL COPY CAN BE OBTAINED AT THE ISUAA OFFICE. FORM 990, PART VI, SECTION C, LINE 19 ASSOCIATION GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE ASSOCATION'S WEBSITE. FINANCIAL INFORMATION IS MADE AVAILABLE IN THE ANNUAL REPORTS WHICH CAN BE ACCESSED ON THE ASSOCIATION'S WEBSITE AND IS PRINTED IN THE ASSOCIATION'S MAGAZINE. THE ASSOCIATION'S AUDIT REPORTS AND FORM 990 TAX RETURNS ARE MADE AVAILABLE ON THE ASSOCIATION'S WEBSITE AND ON REQUEST. FORM 990, PART XII, LINE 2C: THE ASSOCIATION HAS AN AUDIT COMMITTEE THAT OVERSEES THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.