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, 1999

AND
FINANCIAL AUDIT

For the Year Ended:
June 30, 1999

Summary of Findings:

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

Release Date:
March 21, 2000

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State of Illinois
Office of the Auditor General

WILLIAM G. HOLLAND
AUDITOR GENERAL

To obtain a copy of the Report contact:
Office of the Auditor General
Attn: Records Manager
Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703

(217)782-6046 or TDD (217) 524-4646
This Report Digest is also available on
the worldwide web at
http://www.state.il.us/auditor

  

 

 

 

FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

 

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

 

 

AUDITORS' OPINION

Our auditors stated the June 30, 1999 financial statements of the Association are fairly presented.

 

 

 

___________________________________

WILLIAM G.HOLLAND, Auditor General

 

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SPECIAL ASSISTANT AUDITORS

PricewaterhouseCoopers L.L.P. were our special assistant auditors for this audit.

SOUTHERN ILLINOIS UNIVERSITY ALUMNI ASSOCIATION AT CARBONDALE

FINANCIAL AND COMPLIANCE AUDIT

For The Two Years Ended June 30, 1999
FINANCIAL OPERATIONS (All Funds)

FY 1999

FY 1998
Revenues:
Annual membership fees
Life membership fees
Budget Allocations from SIU
Investment income
Credit card royalties
Other revenues
Total revenues

Expenditures:
General and administration
Program services
Total expenditures


$79,047
131,225
657,701
190,696
357,143
185,495
$1,601,307


$343,434
992,771
$1,336,205


$80,911
151,819
594,175
246,702
225,446
156,114
$1,455,167


$254,463
932,620
$1,187,083
SELECTED ASSETS BALANCES (All Funds)

At June 30, 1999

At June 30, 1998
Cash and investments
Other assets
Total assets

$3,281,934
151,742
$3,370,676

$3,100,078
175,384
$3,275,462
EXECUTIVE DIRECTOR
During the audit: Mr. Ed Buerger
Currently: Mr. Ed Buerger