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Federal ID# 042620632

Salem State University Alumni Association and Foundation, Inc.

    • Salem State College Development Fund, Inc.
    • Salem State University Foundation, Inc.

General Information

Organization Type CHARITY
Contact Person Nicole Bousquet
Address 352 Lafayette Street, Salem, MA 01970-
Phone Number (978) 542-7588
Purpose or Description To help Salem State University meet its needs and goals by raising and managing contributions.
Status Active
Extension None

Financial Information

For Fiscal Year Ending 6/30/2024

INCOME
Direct Public Support$13,482,961
Government Grants+ $555,555
Other Revenue+ $3,063,554
Total Revenue$17,102,070
EXPENSES
Amount Spent for Program or Charitable Purposes$4,882,800
Management/General Expense+ $649,420
Fundraising Expense+ $128,222
Total Expenses$5,660,442

Excess/Deficit
Total Revenue$17,102,070
Total Expenses- $5,660,442
Excess/Deficit$11,441,628
End of Year Fund Bal/Net Worth
Total Assets$80,264,774
Total Liabilities- $940,764
End of Year Fund Bal/Net Worth$79,324,010

Financial Information for Prior Years


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