Mission
TO HELP SALEM STATE UNIVERSITY MEET ITS NEEDS AND GOALS BY RAISING AND MANAGING CONTRIBUTIONS.
Public Charity
Salem State University Alumni Association and Foundation Inc
Salem State University Alumni Association and Foundation Inc, of Salem, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $11.8M in revenue, $5.8M in expenses, $87.0M in total assets. 96 publicly reported grants to this organization, totaling roughly $9.6M, appear in IRS filings.
EIN: 042620632
Salem, MA
Single Organization Support
NTEE: B11
Latest filing: 2025
Total Revenue$11.8M
Total Expenses$5.8M
Total Assets$87.0M
Grant Records96
Funding Total$9.6M
Filing Years2021–2025
Where $100 goes at Salem State University Alumni Association and Foundation Inc
How Salem State University Alumni Association and Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$83
Programs
the work itself
$12
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $83 for programs
$83
Grants and allocations made to students of Salem state university and departments within Salem state university which is in accordance with the foundation's exempt purpose
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$216,475
Operating Support/Annual Fund
$90,500
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
$80,000
EDUCATION
$64,050
UNRESTRICTED GENERAL SUPPORT
$43,750
Showing up to 5 of 96 total records — full history available with membership.
Officers & Directors
Director - Eff. 07/24
Adam M Lord
Director
Alicia Y Depena
Director
Andrea C Liftman
Chair
Annalisa Di Palma
Director
Anthony Divirgilio
Director, Term. 04/25
C David Surface
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $11.8M | $5.8M | $87.0M |
| 2024 | $17.1M | $5.7M | $80.3M |
| 2023 | $16.0M | $7.8M | $62.6M |
| 2022 | $9.8M | $5.8M | $50.0M |
| 2021 | $13.3M | $3.4M | $56.1M |
Between 2021 and 2025, reported annual revenue declined from $13.3M to $11.8M (-11%), with total assets most recently reported at $87.0M.
Interactive year-over-year charts and full filing details available with membership.