2024-11-13T10:20:19+00:00 2024-06-30 440160260 Forvis Mazars LLP 440 Monticello Ave Suite 1400 Norfolk VA 23510 990 2023-07-01 541379119 OLD DOMINION UNIVERSITY ALUMNI ASSOCIATION INC OLDD 8886383435 4111 MONARCH WAY NORFOLK VA 23508 KRISTA HARRELL EXECUTIVE DIRECTOR 8886383435 2024-11-13 true true LaKrisha Castleberry P01677333 7576245100 2024-11-13 2023 2024-10-15 13:58:12Z KRISTA HARRELL 4111 MONARCH WAY NORFOLK VA 23508 499884 false X WWW.ODUALUMNI.ORG X 1985 VA TO PROVIDE AN ORGANIZATION THROUGH WHICH ALUMNI MAY ASSIST WITH EDUCATIONAL OBJECTIVES AND SUPPORT THE ACTIVITIES OF OLD DOMINION UNIVERSITY AND BE ABLE TO COMMUNICATE WITH OTHER ALUMNI. 25 25 0 25 18500 0 14115 15051 161056 254919 9 4 246175 122462 421355 392436 161000 10237 0 0 0 0 257345 381528 418345 391765 3010 671 112827 141800 11352 39654 101475 102146 TO PROVIDE AN ORGANIZATION THROUGH WHICH ALUMNI MAY ASSIST WITH EDUCATIONAL OBJECTIVES AND SUPPORT THE ACTIVITIES OF OLD DOMINION UNIVERSITY AND BE ABLE TO COMMUNICATE WITH OTHER ALUMNI. false false 350742 10237 254919 SUPPORT OF ALUMNI COMMUNICATIONS AND ACTIVITIES. 350742 true false false false false false false false false true false false false false true true false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 13 0 true 0 true true false false false false true true false false false false false false X 25 25 false false false false false false false true true false true true true true true true true true false false false VA X THE CORPORATION 8886383435 4111 MONARCH WAY NORFOLK VA 23508 X Janet Carter President 1.0 X X 0 0 0 Michele Mulich Vice President 1.0 X X 0 0 0 Occasio Gee Secretary 1.0 X X 0 0 0 Robert Wilber Treasurer 1.0 X X 0 0 0 Amber Ivey BOARD MEMBER 1.0 X 0 0 0 Andre Wells Chair 1.0 X 0 0 0 April Elizee BOARD MEMBER 1.0 X 0 0 0 Arthur Kelly BOARD MEMBER 1.0 X 0 0 0 Catherine Callahan BOARD MEMBER 1.0 X 0 0 0 Don Putman BOARD MEMBER 1.0 X 0 0 0 Eileen Gwaltney BOARD MEMBER 1.0 X 0 0 0 Gay Borum Chair 1.0 X 0 0 0 Jamie Stump BOARD MEMBER 1.0 X 0 0 0 Jennifer Collins BOARD MEMBER 1.0 X 0 0 0 John Teeuwen BOARD MEMBER 1.0 X 0 0 0 Latoya Edwards BOARD MEMBER 1.0 X 0 0 0 Melvin Roy BOARD MEMBER 1.0 X 0 0 0 Michelle Parker BOARD MEMBER 1.0 X 0 0 0 Robert Hudkins BOARD MEMBER 1.0 X 0 0 0 Roy Danniell BOARD MEMBER 1.0 X 0 0 0 Sade Garner BOARD MEMBER 1.0 X 0 0 0 Sam Perelman BOARD MEMBER 1.0 X 0 0 0 Shannon Hair BOARD MEMBER 1.0 X 0 0 0 Steven Sandoval BOARD MEMBER 1.0 X 0 0 0 Taylor Youmans BOARD MEMBER 1.0 X 0 0 0 HARRELL KRISTA EXECUTIVE DIRECTOR 30.0 X 0 0 0 0 0 0 0 false false false 0 12874 2177 15051 15051 PROGRAM REVENUE 900099 254919 254919 0 0 0 0 254919 4 4 6000 6000 0 0 0 0 110630 12874 107448 3182 3182 MISCELLANEOUS 561499 94780 94780 ADVERTISING 541800 18500 18500 0 0 0 0 113280 392436 254919 18500 103966 10237 10237 26157 26157 0 0 0 0 28209 28209 852 852 PROGRAM EXPENSES 305852 305852 BOARD OF DIRECTORS 14866 14866 MISCELLANEOUS 5592 5592 0 0 0 0 391765 350742 41023 0 300 300 35337 33199 31550 63250 25 0 0 0 0 0 42193 43348 2555 852 2555 1703 0 0 867 0 0 0 112827 141800 10562 32404 790 7250 0 0 0 0 11352 39654 101475 102146 101475 102146 112827 141800 671 0 X X false true X true false X 21100 1767 34810 14115 15051 86843 60259 29454 143141 161056 254919 648829 40151 15713 33828 165863 3182 258737 0 244364 268783 245354 216440 304733 1279674 365874 315717 457133 557474 577885 2274083 0 0 0 0 0 0 7500 0 5000 78651 124852 216003 7500 0 5000 78651 124852 216003 2058080 54520 131522 6848 6030 6004 204924 3734 2253 0 0 0 5987 58254 133775 6848 6030 6004 210911 0 0 673 19931 62622 94780 178006 424128 450165 483912 626126 678669 2663000 0.7728 0.8054 0.08 0.1092 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - , COLUMN B - 673.0, COLUMN C - 19931.0, COLUMN D - 62622.0, COLUMN E - 94780.0, COLUMN F - 178006.0; 2555 852 1703 1703 0 X 804617 304733 107448 412181 392436 0 0 392436 803946 304733 107448 412181 391765 0 0 391765 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ASSOCIATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. ACTIVITIES NOT DIRECTLY RELATED TO THE ASSOCIATION'S TAX-EXEMPT PURPOSE ARE SUBJECT TO UNRELATED BUSINESS INCOME TAXATION. THE ASSOCIATION COMPUTES A DEFERRED TAX BENEFIT BY RECOGNIZING DEFERRED TAX ASSETS FOR THE EXPECTED FUTURE USE OF NET OPERATING LOSSES IN ITS TAX RETURNS. UNDER THIS METHOD, DEFERRED TAX ASSETS ARE DETERMINED BASED ON NET OPERATING LOSS CARRYFORWARD AMOUNTS USING ENACTED TAX RATES IN EFFECT IN THE YEARS IN WHICH THE NET OPERATING LOSSES ARE EXPECTED TO REVERSE. A VALUATION ALLOWANCE MAY BE DETERMINED TO OFFSET THE FUTURE NET OPERATING LOSSES BASED ON MANAGEMENT'S ESTIMATE OF FUTURE TAXABLE INCOME. THE ASSOCIATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2024 AND 2023. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Fundraising expenses - 107448 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising Expenses - 107448 Alumni Honor Awards Dinner 74156 4966 69190 1033 5930 28881 130 40699 ODUAA Golf Tournament 49348 7908 41440 3927 8000 15016 3832 0 123504 12874 110630 4960 13930 43897 130 44531 107448 3182 true Old Dominion University 5115 Hampton Boulevard N Norfolk VA 23529 546000084 115 10237 TO ASSIST WITH THE EDUCATIONAL ACTIVITIES AND OBJECTIVES OF OLD DOMINION UNIVERSITY 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. GRANTS ARE USED TO SUPPORT UNIVERSITY SCHOLARSHIPS AND OTHER INITIATIVES. DECISIONS REGARDING RECIPIENTS OR EXPENDITURES ARE MADE BY THE APPROPRIATE UNIVERSITY DEPARTMENTS AND/OR COACHES. ALL SELECTIONS AND EXPENDITURES ARE MADE WITHIN UNIVERSITY GUIDELINES, POLICIES, AND PROCEDURES. Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 IS REVIEWED BY THE FINANCE COMMITTEE AND DISTRIBUTED TO THE BOARD PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy EACH BOARD MEMBER, UPON JOINING THE BOARD, SIGNS A CONFLICT OF INTEREST STATEMENT WHICH CONTINUES THROUGHOUT THEIR BOARD SERVICE, BUT MODIFIED IF NEW POTENTIAL CONFLICTS ARISE (IF A NEW/DIFFERENT AFFINITY PARTNER IS SIGNED). Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ON FILE AND AVAILABLE FOR REVIEW UPON REQUEST. Form 990, Part XII, Line 2c Change of oversight process or selection process THE ASSOCIATION'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY AND OVERSIGHT OF THE AUDIT AND SELECTION OF INDEPENDENT AUDITORS. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.