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Federal ID# 042620632

Salem State University Alumni Association and Foundation, Inc.

    • Salem State College Development Fund, 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 Granted

Financial Information

For Fiscal Year Ending 6/30/2023

INCOME
Direct Public Support$13,368,474
Government Grants+ $1,106,407
Other Revenue+ $1,572,812
Total Revenue$16,047,693
EXPENSES
Amount Spent for Program or Charitable Purposes$6,327,979
Management/General Expense+ $557,183
Fundraising Expense+ $933,268
Total Expenses$7,818,430

Excess/Deficit
Total Revenue$16,047,693
Total Expenses- $7,818,430
Excess/Deficit$8,229,263
End of Year Fund Bal/Net Worth
Total Assets$62,590,246
Total Liabilities- $578,628
End of Year Fund Bal/Net Worth$62,011,618

Financial Information for Prior Years

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