Nonprofit · EIN 23-7010017
CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION
Tax-exempt (reinstated) · CHEYNEY, PA 19319
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $212,000 | $120,800 | $91,200 | $352,592 | $0 | $352,592 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $110,000
- Membership dues
- $110,000
- Program service revenue
- $102,000
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $75,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,000
- Occupancy
- $1,000
- Program services (functional)
- $106,000
- Management and general (functional)
- $14,800
Balance sheet and other
- Total assets, start of year
- $261,392
- Total assets, end of year
- $352,592
- Total liabilities, end of year
- $0
- Net assets, end of year
- $352,592
- Net assets without donor restrictions
- $246,137
- Net assets with donor restrictions
- $106,455
- Gross receipts
- $212,000
- Employees
- 0
- Year formed
- 1970
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELAINE ABBAS | BOARD OF DIR Trustee or director | 4 | $0 |
| DR ANN ADDERLEY | BOARD OF DIR Trustee or director | 4 | $0 |
| DARRON DANIELS | CORRES. SECR Trustee or director, Officer | 6 | $0 |
| MARQUITA DANZY | RECORDING SE Trustee or director, Officer | 6 | $0 |
| CAMILE GADSEN | BOARD OF DIR Trustee or director | 4 | $0 |
| VERRON S HAYSPELL | PRESIDENT Trustee or director, Officer | 8 | $0 |
| COREY FIELDS | TREASURER Officer | 7 | $0 |
| JIMYCE G JOHNSTON | FINANCIAL SE Officer | 6 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 121, CHEYNEY, PA 19319-0121
- Principal officer (990 for 2023)
- VERRON S HAYSPELL, 1837 UNIVERSITY CIRCLE PO BOX 121, CHEYNEY, PA 19319
- Signed the 990
- VERRON S HAYSPELL, PRESIDENT
- Phone
- (215) 885-6840
- Return prepared by
- JTGOLDSTEIN
Mission
PROMOTE THE ADVANCEMENT OF CHEYNEY UNIVERSITY AND EDUCATION BY SPONSORING EDUCATIONAL ACTIVITIES, PROVIDING SCHOLARSHIP AID TO INDIVIDUALS AND SUPPORT FOR UNIVERSITY PROGRAMS & FACILITIES.
Program accomplishments
- PROMOTE THE ADVANCEMENT OF CHEYNEY UNIVERSITY AND EDUCATION BY SPONSORING EDUCATIONAL ACTIVITIES, PROVIDING SCHOLARSHIP AID TO INDIVIDUALS AND SUPPORT FOR UNIVERSITY PROGRAMS & FACILITIES.Expenses $106,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7010017
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $352,592
- Income (IRS master file)
- $212,000
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective February 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $212,000 | $120,800 | $352,592 | XML |
| 990 | December 2022 | $288,310 | $178,657 | $527,117 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7010017).
Questions about CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION
- What is the EIN of CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION?
- The employer identification number (EIN) of CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION is 23-7010017.
- Is CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective February 15, 2012.
- Are donations to CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION?
- The 990 for the year ended December 31, 2023 names VERRON S HAYSPELL.
- Who are the officers and directors of CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION?
- The 990 for the year ended December 31, 2023 lists 8 people; 0 received compensation from the organization.
- How much revenue does CHEYNEY UNIVERSITY OF PENNSYLVANIA NATIONAL ALUMNI ASSOCIATION have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $212,000, expenses of $120,800 and total assets of $352,592 at year end.
Other nonprofits in CHEYNEY
- CHEYNEY FOUNDATION EIN 23-7148064 · last filed 990 for 2025
- CHESTER COUNTY YOUTH ORCHESTRA EIN 23-3000151 · last filed 990-N for 2024
- THORNBURY HISTORICAL SOCIETY EIN 22-6010007 · last filed 990-N for 2025
- PSI CHI THE NATIONAL HONOR SOCIETY IN PSYCHOLOGY EIN 23-2050092 · last filed 990-N for 2025