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Annual Report
Building for Tomorrow: ISUAA 2006-2007 Annual Report
Annual Report for July 1, 2006-June 30, 2007
STRATEGIC PLAN SETS ISUAA DIRECTION
Will Rogers once said: "Even if you are on the right track, you'll get run over if you just sit there." Well, you can bet your Alumni Association staff and board are not just "sitting," as fiscal year 2007 saw your Association implement the first year of its new strategic plan: Building for Tomorrow. The plan contains the following three focus areas:
1. Connect ISU alumni and friends to the university and to each other
2. Engage students for a lifetime relationship with Iowa State University
3. Position the ISU Alumni Association to advance Iowa State University
In each of these areas, we were careful to plan for how the new Alumni Center would assist us in our efforts to further engage you, Iowa State's most loyal constituents. We were thrilled that the construction progressed nicely on this facility during this fiscal year. Staff and board committees have been busy dividing up the details that will be necessary to successfully transition to, operate, and market use of this new engagement and event facility. The board also set a new membership goal of 55,000 to be reached by the end of 2010.
The board also continued its work in fiscal and governance matters by approving a new staff reorganization and funding plan to support the next level of staffing needs for the Association and forming a Governance Committee to stay on top of policies and procedures, bylaws, and changes in state and federal matters related to not-for-profit organizations. With this focus, the board developed processes to perform self-evaluations of individual board members as well as the board as a whole and each board committee.
Finally, the board gave special attention to increasing its support of President Geoffroy and his agenda on behalf of the university. This support was focused in the areas of student recruitment, legislative advocacy, and the upcoming comprehensive fundraising campaign.
This Annual Report highlights some of our specific accomplishments. Enjoy reviewing these, and thanks again for your continued and important participation.
Thanks for an awesome year! And thanks inadvance for helping your Alumni Association continue to grow.
Yours for Iowa State,
Kevin Drury, ’83
2006-2007 Chair, ISUAA Board of Directors
Jeff Johnson
President, ISU Alumni Association
NEW ALUMNI CENTER WILL ENHANCE IOWA STATE
The 2006-2007 academic year will be remembered for a number of important reasons -- the kickoff of Iowa State's sesquicentennial celebration, the buildup to the public announcement of Campaign Iowa State: With Pride and Purpose, one of the best legislative sessions in recent memory -- but certainly among the highlights of the year would be seeing the new Iowa State University Alumni Center coming up out of the hill along Beach Avenue. What a thrill to know that very soon Iowa State will proudly open the doors of a new facility that is destined to change the way alumni and friends are greeted at this university. The Alumni Center is without question a facility that will become a destination during Homecoming, before games and theatrical events, after commencement, and many more times throughout the year.
I would like to take this opportunity to express our deep gratitude and appreciation to lead donors Bobbi and Roy Reiman and the many other Alumni Center donors for their generosity that has made this vision a reality. And to the Alumni Association Board of Directors and staff, thank you for your hard work and dedication that has allowed a 30-year dream to finally come true.
Gregory L. Geoffroy
President, Iowa State University
BUILDING FOR TOMORROW
The 2006-2009 Iowa State University Alumni Association Strategic Plan
On July 1, 2006, the ISU Alumni Association unveiled its three-year strategic plan entitled "Building for Tomorrow." Naturally, the title of the plan refers to the construction of the ISU Alumni Center, scheduled to be completed in April 2008 and open in June 2008. But the plan also refers to the growth and evolution of the programs and services the organization seeks to provide to its alumni, students, and friends and to its continued commitment to the advancement of Iowa State University. The strategic plan is divided into the following three priorities, beneath which are listed some of the actions taken in 2006-2007 to respond to these priorities:
Connect ISU alumni and friends to the university and to each other
- Began construction on the new ISU Alumni Center
- Engaged 49,163 alumni, students, and friends through membership in the ISU Alumni Association
- Conncted with 500 alumni, students, and friends at a VEISHEA tent during the university's sesquicentennial kickoff
- Launched CySpace, the ISUAA's online community
- Communicated through VISIONS and ISU News Flash to members in all 50 states and 53 countries
- Conncted with more than 28,000 ISUAA/Bank of America credit card holders
- Hosted 600 alumni and friends on bus trips to two women's NCAA tournament baskeball games in Minneapolis (co-sponsored with Athletics Department)
- Connected 500 alumni through the Alumni Days Web site
- Chartered six Special Interest Societies
- Booked 520 alumni and friends on 35 ISUAA-sponsored travel tours
Engaged students for a lifetime relationship with Iowa State University
- Engaged 4,700 students through the Student Alumni Association (SAA), the starting point for a lifetime relationship with students
- Began construction of the new ISU Alumni Center, which will house the ISUAA's Student Alumni Leadership Council (SALC) and SAA program
- Reached more than 3,000 children of alumni through the Legacy Program
- Offered discounts through more than 90 areas businesses to SAA members
- Matched 134 students with alumni during Career Preview Days
- Created "CyCan" promotion to encourage school spirit during football season
- Signed up a record number of students (3,006) for Cyclone Alley for the 2006-2007 basketball season
- Received the 2007 "Outstanding Alumni Organization" (SALC) at the District VI conference for the Association for Student Advancement Programs
- Connected students through the CySpace online community
Position the ISU Alumni Association to advance Iowa State University
- Began construction of the new ISU Alumni Center
- Updated more than 15,000 addresses and e-mails through CySpace
- Produced an historical timeline for the university's sesquicentennial celebration
- Accepted the management of two new constituent programs for the university: The ISU College for Seniors and ISU Retirees Association
- Raised more than $113,000 in program support through the Sustaining Life Membership program
- Hosted the first-ever ISU club leadership conference
- Helped secure $96,000 for scholarships and $30,000 for the Veterinary Teaching School through the 50-year class gifts
- Successfully encouraged state legislators to support the Regents FY07 budget request through the Alliance for ISU, involving more than 230 alumni and friends
ISUAA BOARD OF DIRECTORS
As of June 30, 2007
Officers
Kevin Drury**
Chair
1983 Agricultural Business
Ankeny, Iowa
James E. Anderson**
Immediate Past Chair
1993 Industrial Engineering
Lake in the Hills, Ill.
Jon Fleming**
Chair-elect
1975 Meteorology
Ames, Iowa
Randall Hertz**
Vice Chair of Finance
1976 Animal Science
Nevada, Iowa
Deborah Tharnish**
Vice Chair of Records
1977 English
Des Moines, Iowa
Warren R. Madden**
ISU Vice President for Business and Finance
ISUAA Treasurer
1961 Industrial Engineering
Ex-officio
Jeffery W. Johnson
ISUAA President, CEO, and Publisher
Ex-officio
Elected Directors
Terms Expired June 2007
Scott Alan Braucht**
1980 Speech and Communication
Verona, Wis.
Barbara D. Correll*
Serving an unexpired term
1996 Exercise Science
Chicago, Ill.
Martha West Krone**
1978 Family Environment and Family Services
Sioux City, Iowa
Martin D. Roepke*
1955 Animal Husbandry
DVM 1965
Oskaloosa, Iowa
Terms Expire June 2008
Jennifer (Gelbmann) Swanson**
1996 English
Minneapolis, Minn.
Donald C. Zuck**
1960 Mechanical Engineering
Ankeny, Iowa
Terms Expire June 2009
Michael Guttau**
1969 Farm Operation
Council Bluffs, Iowa
Jeffrey Larson**
1977 Landscape Architecture
Roscoe, Ill.
Ruby Talley Trice**
1987 Management
Maryland Heights, Mo.
Terms Expire June 2010
Carol L. Anderson**
1976 PhD Home Economics Education
Cobb, Wis.
Benjamin Biller**
1981 Civil Engineering
MS 1982
Leawood, Kan.
Marcia Stahly**
1985 General Business
Naples, Fla.
Terms Expire June 2011
Faye (Weber) Abbes**
1983 Dietetics and Food Science
Danville, Calif.
Steven H. Cox**
1986 Marketing
Doylestown, Pa.
Ronald J. Hallenbeck**
1971 Finance
Ames, Iowa
K. Dwayne Vande Krol**
1993 Accounting
Clive, Iowa
Appointed Directors
Dave Gieseke*
College representative
Ames, Iowa
Tahira K. Hira*
ISU Assistant to the President
Ames, Iowa
Melvin R. Weatherwax**
Non-alumni member
Ankeny, Iowa
Brad Bishop***
ISU senior, Industrial Engineering
SALC representative
WHO SERVES?
Elected Members of the 2006-2007
ISU Alumni Association Board of Directors
By residence:
California 1
Florida 1
Illinois 3
Iowa 10
Kansas 1
Minnesota 1
Missouri 1
Pennsylvania 1
Wisconsin 2
By College:
Agriculture and Life Sciences 3
Business 5
Design 1
Human Sciences 4
Engineering 3
Liberal Arts and Sciences 4
Veterinary Medicine 1
By First Degree Year:
1950s 1
1960s 2
1970s 7
1980s 7
1990s 4
By Gender:
Male 13
Female 8
By Ethnicity:
Caucasian 20
Other ethnic groups 1
WHO BELONGS TO THE ISUAA?
June 30, 2007
By Affiliation:
Alumni: 79%
Students: 8%
Non-alumni friends: 3%
By Location:
Iowa: 47%
Out of state: 52%
International: 1%
By Gender:
Male 57%
Female 43%
By Ethnicity:
Caucasian: 42.6%
African American: .5%
Hispanic: .3%
Asian: .8%
Other ethnic group: .2%
Unknown: 55.6%
By Decade of Graduation:
1920s .01%
1930s .57%
1940s 3.9%
1950s 9%
1960s 13.6%
1970s 22.6%
1980s 24.7%
1990s 16.8%
2000s 8.8%
By College:
Agriculture and Life Sciences 18.3%
Business 9.8%
Design 6%
Human Sciences 16.9%
Engineering 19.8%
LAS 25.5%
Vet Med 3.3%
Interdisciplinary .4%
Student Alumni Association members: 4,700
Total Alumni Association members: 49,163
Total living alumni: 201,585
FINANCIAL REPORT
Statements of Activities and Changes in Unrestricted Net Assets
Years ended June 30, 2007 and 2006
| Revenues |
2007 |
2006 |
| Contributions: |
|
|
| Annual dues |
$727,200 |
$656,352 |
| Life dues |
286,190 |
281,445 |
| Sustaining Life dues |
144,036 |
106,448 |
| Student dues |
87,056 |
96,729 |
| University support |
208,815 |
216,573 |
| GUFFE Funds |
50,000 |
50,000 |
| Foundation support |
100,000 |
100,000 |
| Gift support |
28,957 |
32,300 |
| ISU renovation project |
-- |
75,000 |
| Other revenue and dues |
49,581 |
72,468 |
| Total contributions |
$1,681,835 |
$1,687,315 |
| Other income: |
2007xxxxxxxxxxx |
2006xxxxxxxxxx |
| Interest and dividend income |
$96,276 |
$99,750 |
| Net unrealized gain (loss) on investments |
594,035 |
148,478 |
| Royalties and other sales |
999,777 |
874,489 |
| Activity and event fees |
209,974 |
222,344 |
| College for Seniors |
60,101 |
-- |
| Miscellaneous income |
32,862 |
4,638 |
| Total other income |
$1,993,025 |
$1,349,699 |
| Total revenues |
$3,674,860 |
$3,037,014 |
| Expenses |
2007xxxxxxxxxxxxxxx |
2006xxxxxxxxxxxxx |
| Membership and income development |
$484,376 |
$562,194 |
| Alumni events |
159,101 |
141,550 |
| Alumni services |
48,804 |
155,710 |
| Constituent relations |
402,578 |
378,056 |
| Communications |
644,390 |
557,553 |
| Student programs |
280,488 |
215,420 |
| College for Seniors |
60,841 |
-- |
| Administration |
985,101 |
949,969 |
| Total expenses |
$3,065,679 |
$2,960,452 |
| Increase (decrease) in unrestricted net assets |
$609,181 |
$76,562 |
| Unrestricted net assets at beginning of year |
$3,812,995 |
$3,736,433 |
| Unrestricted net assets at end of year |
$4,422,176 |
$3,812,995 |
|
|
|
Statements of Financial Position
June 30, 2007 and 2006
| Assets |
2007xxxxxxxxxxx |
2006xxxxxxxxxxx |
| Cash and cash equivalents |
$350,273 |
$120 |
| Certificate of Deposit |
100,000 |
100,000 |
| Receivables: |
|
|
| xxxxxAccrued investments earnings |
5,000 |
2,340 |
| xxxxxOther |
151,652 |
132,930 |
| Inventory |
63,194 |
63,194 |
| Prepaid expenses |
57,951 |
50,382 |
| Total current assets |
725,070 |
$348,966 |
|
|
|
| Investments managed by ISU Foundation: |
|
|
| xxxxxLife Membership Fund |
2,351,548 |
2,056,459 |
| xxxxxShort-term Pool |
0 |
0 |
| Investments managed by ISU: |
|
|
| xxxxxOperating Reserve |
$781,891 |
$652,911 |
| g-xxxLong-term Reserve |
1,190,585 |
992,250 |
| Total Investments |
4,324,024 |
$3,710,620 |
|
|
|
| Certificate of Deposit - Board Designated |
45,000 |
45,000 |
|
|
|
| Office furniture and equipment |
178,128 |
178,689 |
| Lease hold improvement |
78,914 |
53,271 |
| xxxxxLess accumulated depreciation |
<178,376> |
<144,440> |
| xxxxxNet office furniture and equipment |
78,666 |
87,520 |
|
|
|
| Other assets |
561 |
23,343 |
| Cash value of life insurance |
5,876 |
5,876 |
|
|
|
| Total assets |
$5,179,197 |
$4,221,325 |
|
|
|
| Liabilities and Net Assets |
|
|
| Accounts payable and accrued liabilities |
$660,904 |
$258,011 |
| Deferred revenue |
16,117 |
30,319 |
| Unconditional promise to give |
80,000 |
120,000 |
| Total liabilities |
$757,021 |
$408,330 |
|
|
|
| Unrestricted net assets |
$4,422,176 |
$3,812,995 |
| Total liabilities and net assets |
$5,179,197 |
$4,221,325 |
ISUAA STAFF
As of June 30, 2007
Professional and Scientific Staff
Administration
Jeffery W. Johnson**
President, CEO, and Publisher
Jan Breitman**
Director of Alumni Travel and Service Programs/Assistant to the President
Elaine Smuck*
Executive Assistant to the President
Outreach and Events
Julie Larson, MS '84**
Director of Outreach and Events
Breck Breitsprecher*
Assistant Director for Outreach and Events
Cory Hanson, '06*
Assistant Director for Outreach and Events
Deanne Stuart, '85**
Program Assistant for Outreach and Events
Emily Trevillyan, '04*
Program and Design Assistant
(position shared with communications)
Communications
Carole Gieseke*
Director of Communications
Kate Bruns, '99*
Assistant Director for Electronic Communications
Brooke Guinn, '03*
Program Coordinator for Communications Technology
Membership and Marketing
Scott Dahl, '90*
Director of Membership and Marketing
Sara Gatchel*
Assistant Director for Membership and Marketing
Student Programs
Shellie Henry, '88*
Director of Student Programs
Kurt Beyer, '04*
Assistant Director for Student Programs
Staff Assistants
AshLea Anderson*
Communications
Cecilia Dunlay, '00**
Student and Career Services
Nola Hampton*
Membership and Marketing
Beth Lott**
Events and Clubs
Carolyn Main*
Account Clerk
Barb Meyer*
Reception
Pam Plath, '78*
Membership and Marketing
Diane Smith**
Travel and Service Programs
Pat Thiede*
Awards, Reunions, and Events
Membership Key:
*annual member; **life member, ***student member
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