2025-11-12T14:22:27-06:00 2025-06-30 994625061 CRI ADVISORS LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2024-07-01 580634853 GEORGIA TECH ALUMNI ASSOCIATION GEOR 4048942391 190 NORTH AVE ATLANTA GA 30313 DENE SHEHEANE PRESIDENT 4048942391 2025-11-10 1 0 PAMELA D HARDISTER CPA P00240127 7703948000 2025-11-10 2024 2025-03-06 01:10:19Z DENE SHEHEANE 190 NORTH AVE ATLANTA GA 30313 8287804 0 X WWW.GTALUMNI.ORG X 1908 GA CHAMPION AND SERVE ITS ALUMNI AND THE INSTITUTE THROUGH PROGRAMMING AND ENGAGEMENT THAT FOSTERS LIFELONG RELATIONSHIPS AND PHILANTHROPIC SUPPORT. 44 44 57 0 374788 0 6688406 6748044 335513 669454 106162 118788 497455 462075 7627536 7998361 52300 58839 0 0 4692083 4872265 0 0 0 3172205 3155367 7916588 8086471 -289052 -88110 3326418 4456695 1134438 2264843 2191980 2191852 X CHAMPION AND SERVE ITS ALUMNI AND THE INSTITUTE THROUGH PROGRAMMING AND ENGAGEMENT THAT FOSTERS LIFELONG RELATIONSHIPS AND PHILANTHROPIC SUPPORT. 0 0 2047435 100 95500 ROLL CALL: THE ALUMNI ASSOCIATION SERVES AS A FUNDRAISING ARM OF GEORGIA TECH. THIS DEPARTMENT MANAGES THE ANNUAL FUND AND PERFORMS ALL SOLICITATIONS THAT RAISE FUNDS FROM APPROXIMATELY 24,000 ALUMNI AND FRIENDS. THIS FUNDRAISING PROMOTES EDUCATION AT GEORGIA TECH BY PROVIDING UNRESTRICTED FUNDS FOR STUDENT SCHOLARSHIPS, FINANCIAL AID, RECRUITMENT AND RETENTION OF TOP FACULTY AND SUPPORT OF NEW ACADEMIC PROGRAMS. 1469674 75 400636 EVENTS & TOURS: PLANS AND STAGES ALUMNI ASSOCIATION EVENTS TO BRING ALUMNI TOGETHER IN SOCIAL AND LEARNING ENVIRONMENTS. MANAGES THE ASSOCIATION EVENTS CALENDAR. ALUMNI TOURS OFFER EDUCATIONAL TRIPS FOR ALUMNI TO TRAVEL AND LEARN ABOUT THE WORLD. 853753 COMMUNICATIONS: COMMUNICATIONS PRODUCES ALUMNI PUBLICATIONS THAT INCLUDE THE ALUMNI MAGAZINE WITH A TOTAL ANNUAL CIRCULATION OF 372,000 AND AN ELECTRONIC NEWSLETTER WITH CIRCULATION OF 4,970,486. 3277002 58664 ALUMNI ENGAGEMENT: MANAGES ALUMNI CONSTITUENCY GROUPS. THE ASSOCIATION'S 80 GEORGIA TECH NETWORKS PROVIDE OPPORTUNITIES FOR ALUMNI TO SOCIALIZE, RECRUIT STUDENTS, RAISE FUNDS AND NETWORK. CAMPUS ENGAGEMENT: RESPONSIBLE FOR ACTIVITIES FACILITATING AND PROMOTING INTERACTION AMONG STUDENTS, ALUMNI, PARENTS AND FRIENDS OF GEORGIA TECH. THIS INCLUDES WORKING WITH APPROXIMATELY 50 ORGANIZATIONS ON CAMPUS AND SPONSORSHIP OF CAMPUS EVENTS. CAREER SERVICES: DEVELOP AND PROVIDE PROFESSIONAL AND CAREER DEVELOPMENT PROGRAMS FOR ALUMNI TO IMPROVE SKILLS, ASSIST IN JOB SEARCHES AND MAKE CAREER CHANGES.STRATEGIC COMMUNICATIONS: INFORMS ALL ALUMNI OF CAMPUS NEWS, ALUMNI EVENTS AND WAYS TO GET INVOLVED ON GTALUMNI.ORG, THE ALUMNI ASSOCIATION'S WEBSITE AND ALL SOCIAL MEDIA. DRIVES AFFINITY AND PARTICIPATION BY GENERATING ONLINE AND IN-PERSON CONVERSATIONS WITH ALUMNI. THE ALUMNI ASSOCIATION ENSURES THAT ALL ALUMNI ARE UNITED BY THE TRADITIONS THAT ARE UNIQUELY IMPORTANT TO YELLOW JACKETS BY HOSTING EVENTS, COLLECTING MEMORIES, AND PUBLISHING STORIES ABOUT THE BELOVED HISTORY OF THE INSTITUTE. 3277002 58664 7647864 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 57 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 44 44 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X ALLISON C HICKMAN 4048942391 190 NORTH AVENUE ATLANTA GA 30313 X RITA BREEN CHAIR ELECT/VICE CHAIR 1.00 X X 0 0 0 ELIZABETH A BULAT PAST CHAIR 1.00 X X 0 0 0 THOMAS N HERRINGTON CHAIR 1.00 X X 0 0 0 JAMES MITCHELL VICE CHAIR 1.00 X X 0 0 0 ANU PARVATIYAR MEMBER AT LARGE 1.00 X 0 0 0 AMY PHUONG MEMBER AT LARGE 1.00 X 0 0 0 JIM SANDERS MEMBER AT LARGE 1.00 X 0 0 0 DENE SHEHEANE PRESIDENT 40.00 X X 314348 0 35449 SAM WESTBROOK MEMBER AT LARGE 1.00 X 0 0 0 LATANZA W ADJEI TRUSTEE 1.00 X 0 0 0 THOMAS ANTONINO TRUSTEE 1.00 X 0 0 0 SYBRINA Y ATWATERS TRUSTEE 1.00 X 0 0 0 DONNIE O BEAMER TRUSTEE 1.00 X 0 0 0 MATT BISHOP TRUSTEE 1.00 X 0 0 0 MICHAEL E BOGACHEK TRUSTEE 1.00 X 0 0 0 ALEXIA BORDEN TRUSTEE 1.00 X 0 0 0 JASMINE BURTON TRUSTEE 1.00 X 0 0 0 JACKY CHENG TRUSTEE 1.00 X 0 0 0 KIMBERLY CIVINS TRUSTEE 1.00 X 0 0 0 CATHERINE COOPER TRUSTEE 1.00 X 0 0 0 AURELIEN COTTET TRUSTEE 1.00 X 0 0 0 CYNTHIA CULBREATH TRUSTEE 1.00 X 0 0 0 ADAM L FULLER TRUSTEE 1.00 X 0 0 0 SIDDHARTH GORE TRUSTEE 1.00 X 0 0 0 CRAIG HYDE TRUSTEE 1.00 X 0 0 0 JOY F JORDAN TRUSTEE 1.00 X 0 0 0 BRANDON KEARSE TRUSTEE 1.00 X 0 0 0 OLIVIA T LANGEVINE TRUSTEE 1.00 X 0 0 0 RANDOLPH W MCDOW TRUSTEE 1.00 X 0 0 0 MEREDITH ANDERSON MOOT TRUSTEE 1.00 X 0 0 0 SUSAN PINA TRUSTEE 1.00 X 0 0 0 KYLE PORTER TRUSTEE 1.00 X 0 0 0 JACQUELYN R SCHNEIDER TRUSTEE 1.00 X 0 0 0 GREGORY SITKIEWICZ TRUSTEE 1.00 X 0 0 0 COURTNEY ROBINSON SMITH TRUSTEE 1.00 X 0 0 0 KAMAU SMITH TRUSTEE 1.00 X 0 0 0 MIYA SMITH TRUSTEE 1.00 X 0 0 0 RUSSELL T SMITH TRUSTEE 1.00 X 0 0 0 JOHN R SPRIGGLE TRUSTEE 1.00 X 0 0 0 PETER STEWART TRUSTEE 1.00 X 0 0 0 CASEY SWAILS TRUSTEE 1.00 X 0 0 0 MAURICE A TREBUCHON TRUSTEE 1.00 X 0 0 0 PAUL TROTTI TRUSTEE 1.00 X 0 0 0 DANDRE WALLER TRUSTEE 1.00 X 0 0 0 KOURTNEY WRIGHT TRUSTEE 1.00 X 0 0 0 ALLISON HICKMAN VP ADMIN 40.00 X 182339 0 35947 KIMBERLY BOWDEN VP ANNUAL GIVING 40.00 X 167381 0 26178 LEN CONTARDO SR DIR OF HUMAN RESOURCES 40.00 X 175387 0 26629 VALLEE DONOVAN CHIEF OF STAFF 40.00 X 176162 0 19849 JANET KINARD VP OF ENGAGEMENT 40.00 X 148500 0 16584 LINDSAY VAUGHN VP STRATEGIC COMMUNICATION 40.00 X 162400 0 18460 1326517 0 179096 10 0 1 0 0 371012 6377032 6748044 EVENTS 561300 400636 400636 ADVERTISING 541800 173318 173318 SPONSORSHIP INCOME 900099 77500 77500 PLACEMENT INCOME 900099 18000 18000 669454 20255 20255 235290 235290 98533 0 98533 98533 98533 273958 371012 284329 -10371 -10371 8222 5114 3108 3108 TOUR REVENUE 561500 198362 198362 OTHER INCOME 900099 35686 35686 234048 7998361 496136 374788 379393 58839 58839 496687 464546 32141 3362286 3144714 217572 283749 267249 16500 437906 414045 23861 291637 274678 16959 23550 23550 13235 13235 115230 97820 17410 192481 190120 2361 213067 192252 20815 215858 194272 21586 279729 265932 13797 2948 2653 295 82816 74534 8282 READERSHIP COSTS 853753 853753 FOOD AND BEVERAGE 579905 577637 2268 PRINTING AND PUBLICATIO 210992 207467 3525 POSTAGE AND SHIPPING 178224 177791 433 193579 189562 4017 8086471 7647864 438607 0 768723 1638674 196307 222188 20114 15000 223626 245926 1074526 632472 340888 442054 834495 851800 929765 1028553 12500 12500 3326418 4456695 927522 704441 111032 1499818 40701 24406 55183 36178 1134438 2264843 X 778482 687516 1413498 1504336 2191980 2191852 3326418 4456695 -88110 87982 0 X 0 1 X 1 0 X 6918666 5980989 6275551 6688406 6748044 32611656 6918666 5980989 6275551 6688406 6748044 32611656 361071 32250585 264138 232060 283617 286430 255545 1321790 107002 203206 278185 340094 374788 1303275 13994 -1441 40446 16070 35686 104755 35341476 2181758 0.91250 0.91540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1413498 142177 51339 1504336 1359950 102089 48541 1413498 1393801 11375 45226 1359950 1381913 17148 36214 41474 1393801 1067901 314012 1381913 1.00000 0 0 165397 100294 65103 274756 222731 52025 634373 309447 324926 442054 HEDGE FUNDS AND DERIVATIVES 458806 F PRIVATE EQUITIES 569747 F 1028553 OTHER LIABILITIES 36178 36178 X 8362551 87982 289443 377425 7985126 13235 13235 7998361 8362679 289443 289443 8073236 13235 13235 8086471 PART V, LINE 4: ENDOWMENT ASSETS ARE MANAGED BY THE FOUNDATION AND COMBINED IN THE FOUNDATION'S INVESTMENT POOL WHICH IS A BROADLY DIVERSIFIED FUND CONSISTING PRIMARILY OF STOCKS, BONDS, HEDGE FUNDS, REAL ESTATE, LIMITED PARTNERSHIPS AND PRIVATE EQUITIES. THE ASSOCIATION EXPECTS ITS ENDOWMENT ASSETS TO ACHIEVE A TARGET RATE OF RETURN OF 5% OVER THE CONSUMER PRICE INDEX OVER A FIVE-YEAR HORIZON AND TO OUTPERFORM THE INVESTMENT POLICY BENCHMARK OVER THE ROLLING FIVE-YEAR PERIODS. THE ASSOCIATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR UP TO 4% OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OF THE PRIOR 12 QUARTERS. IN ESTABLISHING THIS POLICY, THE ASSOCIATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS INVESTMENT ASSETS, THE NATURE AND DURATION OF THE INDIVIDUAL ENDOWMENT FUNDS, AND THE POSSIBLE EFFECTS OF INFLATION. PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE ASSOCIATION IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME RESULTS FROM ADVERTISING INCOME. HISTORICALLY, THE COSTS ASSOCIATED WITH THE UNRELATED BUSINESS INCOME HAVE EXCEEDED THE REVENUE GENERATED. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES IS REQUIRED. THE ASSOCIATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2025 AND 2024, THE ASSOCIATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 284,329. COST OF GOODS SOLD 5,114. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 284,329. COST OF GOODS SOLD 5,114. GOLD & WHITE HONORS 644970 371012 273958 172349 111980 644970 371012 273958 172349 111980 284329 -10371 1 SCHOLARSHIPS 5 58839 PART I, LINE 2: THE MONIES PAID OUT ARE THE CALCULATED AMOUNTS EARNED BY THE ENDOWMENTS AS CALCULATED BY THE GT FOUNDATION. THOSE MONIES ARE GIVEN DIRECTLY TO THE GT FINANCIAL AID OFFICE AND THEY DISTRIBUTE BASED ON THEIR CRITERIA FOR STUDENT NEED. THE GT ALUMNI ASSOCIATION DOES NOT PROVIDE INPUT ON THE SELECTION OF RECIPIENTS OR THE AMOUNT OF THE SCHOLARSHIPS. X X X 0 0 0 0 0 0 0 0 0 DENE SHEHEANE PRESIDENT 314348 0 0 0 0 0 34578 0 871 0 349797 0 0 0 ALLISON HICKMAN VP ADMIN 182339 0 0 0 0 0 20032 0 15915 0 218286 0 0 0 LEN CONTARDO SR DIR OF HUMAN RESOURCES 175387 0 0 0 0 0 18893 0 7736 0 202016 0 0 0 VALLEE DONOVAN CHIEF OF STAFF 176162 0 0 0 0 0 18978 0 871 0 196011 0 0 0 KIMBERLY BOWDEN VP ANNUAL GIVING 167381 0 0 0 0 0 18143 0 8035 0 193559 0 0 0 LINDSAY VAUGHN VP STRATEGIC COMMUNICATION 162400 0 0 0 0 0 17589 0 871 0 180860 0 0 0 JANET KINARD VP OF ENGAGEMENT 148500 0 0 0 0 0 15935 0 649 0 165084 0 0 0 SCHEDULE J, PART II DENE SHEHEANE, PRESIDENT OF THE ASSOCIATION, EARNED $314,348 IN SALARY, $34,578 IN DEFERRED BENEFITS, AND $871 IN MEDICAL BENEFITS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD'S PAST CHAIRMAN AND AUDIT COMMITTEE CHAIR BEFORE IT IS SENT TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEE MEMBERS SIGN THE CONFLICT OF INTEREST POLICY EVERY YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE DETERMINES THE PRESIDENT'S SALARY. THIS COMMITTEE IS COMPOSED OF A SUBSET OF TRUSTEES FROM THE EXECUTIVE COMMITTEE. PRESIDENT DECIDES ALL THE OTHER EMPLOYEES' SALARIES. THE COMPENSATION COMMITTEE REVIEWS AND APPROVES THESE SALARIES BASED ON THE RECOMMENDATION OF THE PRESIDENT. ABOUT EVERY FEW YEARS THE ASSOCIATION CONTRACTS WITH AN OUTSIDE HR FIRM TO DO A SALARY STUDY AS WELL AS CONSULTS THE PUBLISHED SALARIES FOR THE INSTITUTE AS A BASIS FOR SETTING EMPLOYEE'S SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE GEORGIA TECH ALUMNI ASSOCIATION DOES NOT MAKE ANY OF THESE DOCUMENTS PUBLIC. THE FINANCIAL INFORMATION CAN BE OBTAINED THROUGH THE FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AT THE ALUMNI ASSOCIATION. FORM 990-T - FEDERAL GENERAL FOOTNOTE GEORGIA TECH ALUMNI ASSOCIATION 58-0634853 PURSUANT TO SECTION 512(B)(2) AND REVENUE RULING 81-178, AND RECENT COURT CASES, THE GEORGIA TECH ALUMNI ASSOCIATION HAS EXCLUDED REVENUES AND RELATED EXPENSES INCURRED FROM INSURANCE ROYALTIES FROM ITS CALCULATIONS TO ARRIVE AT UNRELATED BUSINESS TAXABLE INCOME. THE ASSOCIATION PROVIDES NO SERVICES TO THE FOR-PROFIT COMPANY WHICH MARKETS THIS PROGRAM. ________________________________________________________________________ GEORGIA TECH ALUMNI ASSOCIATION 58-0634853 FORM 990-T, SCHEDULE A, PAGE 4, PART IX, COLUMN A CIRCULATION INCOME: ALLOCATION OF MEMBERSHIPS RECEIPTS PURSUANT TO REGULATION 1.512(9)-1(4)(III): MEMBERSHIP RECEIPTS: $5,774,000 ALLOCATION PERCENTAGE: TOTAL PERIODICAL COSTS/ALL COSTS= $853,753 / $8,362,678 = 10.21% TOTAL CIRCULATION INCOME= $589,473