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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 6/30/2025

INCOME
Direct Public Support$4,269,201
Government Grants+ $0
Other Revenue+ $7,534,364
Total Revenue$11,803,565
EXPENSES
Amount Spent for Program or Charitable Purposes$4,781,650
Management/General Expense+ $819,746
Fundraising Expense+ $220,894
Total Expenses$5,822,290

Excess/Deficit
Total Revenue$11,803,565
Total Expenses- $5,822,290
Excess/Deficit$5,981,275
End of Year Fund Bal/Net Worth
Total Assets$87,033,273
Total Liabilities- $864,483
End of Year Fund Bal/Net Worth$86,168,790

Financial Information for Prior Years

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