Overview

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Est.

1956

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Alabama Association of Independent Colleges and Universities (EIN: 63-0422143) is a nonprofit organization dedicated to building support for Alabama's independent colleges and universities. With a mission to promote the significance of independent higher education in meeting the educational, cultural, and economic needs of Alabama, the organization operates with an annual budget of $455.8K and total revenue of $591K for the 2024 filing year. Notably, it does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. More information can be found on their website at www.aaicu.net.

Mission Statement

TO BUILD SUPPORT FOR ALABAMA'S INDEPENDENT COLLEGES AND UNIVERSITIES AND PROMOTE A GREATER APPRECIATION OF INDEPENDENT HIGHER EDUCATION AND ITS IMPORTANCE TO THE EDUCATIONAL, CULTURAL AND ECONOMIC NEEDS OF ALABAMA.
Revenues
$591K
Expenses
$536.4K
Net Income:
+$54.6K
Assets
$734.1K
Liabilities
$32.9K
Net Assets:
+$701.2K
Operating Budget
$455.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$41.6K
Largest grant received
$41.6K
G
General Paul Hankins
Board Member
D
DR Michael C Turner
Board Member
D
DR Mitch Henry
Board Member

Frequently Asked Questions

What is ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES’s budget?
In 2024, ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES reported an annual operating budget of around $456 thousand. More detailed financial information is available to registered users.
What causes does ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES support?
ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES supports work in Education, Higher education, and Undergraduate education.
Where does ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES operate?
ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES is headquartered in Montgomery, AL.
Who funded ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES recently?
In 2024, ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES received grants from COUNCIL OF INDEPENDENT COLLEGES, COUNCIL OF INDEPENDENT COLLEGES, and COUNCIL OF INDEPENDENT COLLEGES. More information on this organization’s funders is available to registered users.
What is the largest grant ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES received in 2024?
The largest grant to ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES in 2024 exceeds $42 thousand.
What is ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES’s reliance on government grants?
ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES relied on government grants for less than 5% of their total revenue in 2024.