2026-04-03T10:50:55-05:00 2025-06-30 471019942 CREATIVE PLANNING TAX LLC 100 E PARK AVE STE 300 WATERLOO IA 50703 990 2024-07-01 426062614 IOWA STATE UNIVERSITY ALUMNI ASSOCIATION IOWA 5152945085 429 ALUMNI LANE AMES IA 50011 SHANNON FOOTE TALBOT ACTING PRESIDENT & CEO 5152945085 2026-03-17 1 0 BRIAN ARONSON P01425251 3192346885 2026-03-17 2024 2025-03-06 01:10:19Z SHANNON FOOTE 429 ALUMNI LANE AMES IA 50011 3710465 0 X WWW.ISUALUM.ORG X 1878 IA TO FACILITATE THE LIFETIME CONNECTION OF ALUMNI, STUDENTS, AND FRIENDS WITH THE UNIVERSITY. 26 26 51 204 616586 53540 1590837 1268697 1197720 1327494 105132 105449 711905 879523 3605594 3581163 0 0 0 0 2574159 3197113 0 0 409068 1887523 2102481 4461682 5299594 -856088 -1718431 20900048 21257737 3760284 4051947 17139764 17205790 X TO FACILITATE THE LIFETIME CONNECTION OF ALUMNI, STUDENTS, AND FRIENDS WITH IOWA STATE UNIVERSITY AND EACH OTHER. 0 1 887432 484591 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. 864823 84269 COMMUNICATION: IOWA STATER MAGAZINE IS PUBLISHED THREE TIMES PER YEAR AND MAILED TO THE ISU ALUMNI ASSOCIATION'S APPROXIMATELY 38,000 MEMBERS. ADDITIONAL COMMUNICATIONS SERVICES INCLUDE AN ANNUAL PRINTED ISU WALL CALENDAR, EMAIL UPDATES, AND WEB SITES FOR THE ISU ALUMNI ASSOCIATION AND ITS AFFILIATE STUDENT PROGRAMS. 816090 0 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. 583483 479928 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 38,000 MEMBERS. 491712 132093 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. 1075195 612021 3643540 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 14 0 1 51 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 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 YEAGER 5152945085 429 ALUMNI LANE AMES IA 50011 JEFFERY W JOHNSON CEO - END JUNE 2025 40.00 X 291240 0 48812 SHANNON FOOTE ACTING CEO - START JUNE 2025 40.00 X 120029 0 21427 AMY CRABBS VP OF FINANCE - END AUGUST 2024 40.00 X 60364 0 22327 CHAD HARRIS CHAIR 4.00 X X 0 0 0 ANDREA L FELLOWS VICE CHAIR OF RECORDS 2.00 X X 0 0 0 GAYLE STRONG FARRELL VICE CHAIR OF FINANCE 2.00 X X 0 0 0 CATHY MCCALL SCHMIDT PAST CHAIR 2.00 X X 0 0 0 KATHY DAVIES TAYLOR CHAIR-ELECT 4.00 X X 0 0 0 BONNIE WHALEN TREASURER 2.00 X 0 0 0 MACKENZY RUFF BOARD MEMBER 1.00 X 0 0 0 JEFF BRADY BOARD MEMBER - END MAY 2025 1.00 X 0 0 0 DANIEL P BUMBLAUSKAS BOARD MEMBER 1.00 X 0 0 0 JEREMY DAVIS BOARD MEMBER 1.00 X 0 0 0 AMANDA DEJONG BOARD MEMBER 1.00 X 0 0 0 RYAN D DOWNING BOARD MEMBER 1.00 X 0 0 0 ALLISON M FLINN BOARD MEMBER 1.00 X 0 0 0 RACHEL GEILENFELD BOARD MEMBER 1.00 X 0 0 0 TREY N HEMMINGSEN BOARD MEMBER 1.00 X 0 0 0 DARRYL HILL BOARD MEMBER 1.00 X 0 0 0 LAUREN HUGHES BOARD MEMBER 1.00 X 0 0 0 MARK A KAESTNER BOARD MEMBER 1.00 X 0 0 0 CARL J KIRPES BOARD MEMBER 1.00 X 0 0 0 COURTNEY L KNUPP BOARD MEMBER 1.00 X 0 0 0 TRENT MIDDENDORF BOARD MEMBER 1.00 X 0 0 0 MICHAEL ROOF BOARD MEMBER 1.00 X 0 0 0 BRITTNEY RUTHERFORD BOARD MEMBER 1.00 X 0 0 0 MELISSA P SCHNURR BOARD MEMBER 1.00 X 0 0 0 MEG SCHON BOARD MEMBER 1.00 X 0 0 0 KRISTIE SIGLER BOARD MEMBER 1.00 X 0 0 0 JEREMY L WINGERTER BOARD MEMBER 1.00 X 0 0 0 KURT TJADEN ACTING CEO - MARCH - JUNE 2025 40.00 X 0 0 0 AMY YEAGER DIRECTOR OF FINANCE - START JANUARY 2025 40.00 X 0 0 0 471633 0 92566 2 0 1 0 0 184903 42978 1040816 1268697 ACTIVITY AND EVENT FEE 611710 484591 484591 MEMBERSHIP DUES 611710 383428 383428 FACILITY RENTAL 532000 206659 132093 74566 SALES 611710 156316 84269 72047 SPONSORSHIPS & FEES 611710 96500 96500 1327494 55684 55684 861955 469973 391982 49765 0 49765 49765 49765 146870 42978 129302 17568 17568 3581163 1180881 616586 514999 1541776 739067 477150 325559 1173431 1119561 30142 23728 83681 58507 14849 10325 284906 214364 41662 28880 113319 78325 20718 14276 13399 13399 35000 35000 357393 357393 338615 275725 62890 381679 367481 14198 72912 60760 12152 76518 63765 12753 306455 258667 41683 6105 49690 31979 17711 329961 290733 39228 9810 8281 1334 195 70372 25760 44612 60677 50565 10112 5299594 3643540 1246986 409068 350 0 1269189 1329122 132589 129596 1966002 1221510 28418 24250 45406 117009 126253 71262 23259 54991 17434835 18381259 20900048 21257737 1104939 1456316 128895 100807 2526450 2494824 3760284 4051947 X 5528465 5026041 11611299 12179749 17139764 17205790 20900048 21257737 -1718431 1784457 0 X 0 1 X 1 0 X 3862415 2209916 1985717 1590837 1268697 10917582 3862415 2209916 1985717 1590837 1268697 10917582 642 10916940 2000943 455397 938247 559005 967404 4920996 21254 189384 90261 17568 318467 16157045 4182848 0.67570 0.70940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 17434835 77607 1837380 611170 357393 18381259 16506266 436850 1437221 614510 330992 17434835 16131969 364244 823929 553145 260731 16506266 16788359 177574 -113933 496951 223080 16131969 10967372 1818290 4075859 73162 16788359 0.34470 0.65530 1 0 25643 25643 0 100610 45619 54991 54991 INVESTMENTS, POOLED FUNDS 6335910 F BENEFICIAL INTEREST IN POOLED INVESTMENTS 12045349 F 18381259 DEPOSITS HELD FOR OTHERS 18370 DEFERRED REVENUE, AFFINITY CONTRACT 158353 DEFERRED REVENUE, LIFE MEMBERSHIPS 2318101 2494824 5137529 1784457 129302 1913759 3223770 357393 357393 3581163 5071503 129302 129302 4942201 357393 357393 5299594 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 990 129,302. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NET WITH REVENUE ON 990 129,302. GALA - DSM 189848 42978 146870 44921 4321 80060 189848 42978 146870 44921 4321 80060 129302 17568 X 1 1 X X X 0 0 0 1 0 1 0 0 0 JEFFERY W JOHNSON CEO - END JUNE 2025 291240 0 0 0 0 0 28396 0 20416 0 340052 0 0 0 FORM 990, PART III, LINE 3 THE ORGANIZATION TRANSFERRED SUBSTANTIALLY ALL EMPLOYEES TO THE IOWA STATE UNIVERSITY FOUNDATION IN JUNE OF 2025. EMPLOYEES CONTINUED CONDUCTING THE ORGANIZATION'S PROGRAM SERVICES PER A SERVICE AGREEMENT BETWEEN IOWA STATE UNIVERSITY FOUNDATION AND IOWA STATE UNIVERSITY ALUMNI ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 6 CATEGORIES OF MEMBERSHIP ARE AS FOLLOWS: ANNUAL MEMBERS: ANY GRADUATE, FORMER STUDENT, CURRENT STUDENT, FACULTY, 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. VOTING IS COMPLETED ONLINE. FORM 990, PART VI, SECTION B, LINE 11B THE ALUMNI ASSOCIATION AUDIT COMMITTEE WILL REVIEW AND APPROVE THE 990. A SUB-GROUP OF MEMBERS OF THE BOARD OF DIRECTORS WILL ALSO REVIEW AND APPROVE THE 990. FULL BOARD APPROVAL IS NOT REQUIRED. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE ASSISTANT COLLECTS A SIGNATURE ON CONFLICT-OF-INTEREST, CONFIDENTIALITY AGREEMENT, AND WHISTLEBLOWER FORMS FOR ALL BOARD DIRECTORS AT THE BEGINNING OF THE FISCAL YEAR. ISUAA EMPLOYEES ARE REQUIRED TO COMPLETE AN ELECTRONIC CONFLICT-OF-INTEREST FORM TO ISU ON AN ANNUAL BASIS. 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 LORA AND RUSS TALBOT ENDOWED PRESIDENT AND 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. IN JUNE 2025 EMPLOYEES WERE TRANSFERRED TO THE IOWA STATE UNIVERSITY FOUNDATION. NO CHANGES WERE MADE TO COMPENSATION AT THAT TIME. 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.