REPORT DIGEST

THE ALUMNI ASSOCIATION OF SOUTHERN ILLINOIS UNIVERSITY AT EDWARDSVILLE

COMPLIANCE AUDIT
For the Two Years Ended:
June 30, 1997

Summary of Findings

Total this audit	0
Total last audit	0
Repeated from last audit	0

Release Date:
April 23, 1998

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

There were no material compliance findings disclosed during our audit tests. We commend the Alumni Association for maintaining effective fiscal controls.

AUDITORS' OPINION

Our financial audit of the Association is being issued separately. Our auditors stated the June 30, 1997 financial statements of the Alumni 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 AND COMPLIANCE AUDIT
For The Two Years Ended June 30, 1997

FINANCIAL OPERATIONS (ALL FUNDS)

FY 1997

FY 1996

REVENUES

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

EXPENDITURES

Office and Administration
Membership Services
Total Expenditures

$39,117
9,206
140,278
14,685
13,799
$217,085

$197,305
26,870
$224,175

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

$54,479
50,661
$105,140

SELECTED ASSET BALANCES (ALL FUNDS)	AT JUNE 30, 1997	AT JUNE 30, 1996
Cash and Investments Other Assets Total Assets	$219,879 6,541 $226,420	$217,029 4,302 $221,331

ASSOCIATION EXECUTIVE DIRECTOR
During the Audit: Mr. Frank Akers (July 1995 - March 1996); Mr. Brad Hewitt (March 1996 - October 1996); Mr. Jeff Wehling (Nov. 1996 - Current) Currently: Mr. Jeff Wehling