REPORT DIGEST




THE ASSOCIATION OF
ALUMNI, FORMER STUDENTS AND FRIENDS
OF SOUTHERN ILLINOIS UNIVERSITY
(AT CARBONDALE)


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 CARBONDALE
FINANCIAL AND COMPLIANCEAUDIT
For The Two Years Ended June 30, 1997

FINANCIAL OPERATIONS (ALL FUNDS)

FY 1997

FY 1996

  • REVENUES

Annual Membership Fees
Life Membership Fees
Contributions from Foundation
Budget allocation from SIU
Interest and Dividends
Other Revenues
Total Revenues

  • EXPENDITURES

Office and Administration
Membership Services
Other Expenditures
Total Expenditures



$76,291
148,257
134,000
612,050
74,897
199,932
$1,245,427



$705,826
355,311
22,017
$1,083,154




$89,884
112,292
134,000
551,610
77,015
285,610
$1,250,411



$775,715
297,598
13,680
$1,086,993


SELECTED ASSET BALANCES (ALL FUNDS)

AT JUNE 30, 1997

AT JUNE 30, 1996

Cash and Investments
Plant and Equipment
Other Assets
Total Assets

$1,311,949
125,215
120,217
$1,557,381

$1,383,523
121,263
20,768
$1,525,554

ASSOCIATION EXECUTIVE DIRECTOR
During the Audit: Mr. Edward M. Buerger
Currently: Mr. Edward M. Buerger