REPORT DIGEST



THE ALUMNI ASSOCIATION OF SOUTHERN ILLINOIS UNIVERSITY AT EDWARDSVILLE



FINANCIAL AUDIT
For the Year Ended:
June 30, 1996







Release Date:
May 15, 1997








State of Illinois
Office of the Auditor General

WILLIAM G. HOLLAND
AUDITOR GENERAL

Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703
(217) 782-6046

INTRODUCTION

The report covers our examination of the financial statements of the Alumni Association of Southern Illinois University at Edwardsville for the year ended June 30, 1996. A compliance audit for the two years ended June 30, 1997 will be performed next year.

AUDITORS' OPINION

Our auditors stated the June 30, 1996 financial statements of the Association are fairly presented.



____________________________________
WILLIAM G. HOLLAND, Auditor General

WGH:KMA:pp

SPECIAL ASSISTANT AUDITORS

Coopers & Lybrand L.L.P. were our special assistant auditors assigned to the audit.

{Expenditures and Activity Measures are summarized on the reverse page.}

 

SOUTHERN ILLINOIS UNIVERSITY
ALUMNI ASSOCIATION AT EDWARDSVILLE
FINANCIAL AUDIT
For The Year Ended June 30, 1996

FINANCIAL OPERATIONS (ALL FUNDS)

FY 1996

FY 1995

REVENUES
Annual Membership Fees
Life Membership Fees
Budget Allocations from SIU
Interest
Other Revenues
Total Revenues

EXPENDITURES
Office and Administration
Membership Services
Total Expenditures


$ 43,025
8,415
34,233
13,417
13,998
$ 113,088


$ 54,479
50,661
$ 105,140


$ 44,531
9,275
74,327
11,224
18,306
$ 157,663


$ 89,461
75,163
$ 164,624

SELECTED ASSET BALANCES (ALL FUNDS)

AT JUNE 30,
1996

AT JUNE 30,
1995

Cash and Investments
Other Assets
Total Assets

$ 217,029
4,302
$ 221,331

$ 209,843
4,173
$ 214,016

ASSOCIATION EXECUTIVE DIRECTOR
During the Audit: Mr. Brad Hewitt, Acting
Currently: Mr. Jeffrey T. Wehling (eff. 10/7/96)