Southern Illinois University at Edwardsville Alumni Association 2001 Audit

REPORT DIGEST

THE ALUMNI ASSOCIATION OF SOUTHERN ILLINOIS UNIVERSITY AT EDWARDSVILLE

COMPLIANCE AUDIT
For the Two Years Ended:
June 30, 2001
AND
FINANCIAL AUDIT
For the Year Ended:
June 30, 2001

Summary of Findings:

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

Release Date:
March 19, 2002

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, 2001 financial statements of the Association are fairly presented in all material respects.

___________________________________

WILLIAM G.HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

Kerber, Eck & Braeckel LLP were our special assistant auditors for this audit.

SOUTHERN ILLINOIS UNIVERSITY ALUMNI ASSOCIATION AT EDWARDSVILLE
FINANCIAL AND COMPLIANCE AUDIT
For The Two Years Ended June 30, 2001

FINANCIAL OPERATIONS (All Funds)	FY 2001	FY 2000
Revenues and other additions: Annual dues Budget allocations from SIU SIUE Foundation support Other Total Expenditures and other deductions: Administrative Budget expended at SIUE Publications Postage Other Total	$41,504 98,416 47,728 30,881 $218,529 $17,618 98,416 30,825 30,961 42,611 $220,431	$32,680 127,027 57,815 47,499 $265,021 $8,828 127,027 23,024 - 40,393 $199,272
SELECTED ASSETS BALANCES (All Funds)	At June 30, 2001	At June 30, 2000
Cash and cash equivalents Investments, at fair value Other assets Total assets	$71,496 159,071 770 $231,337	$63,074 161,427 2,172 $226,673
EXECUTIVE DIRECTOR
During the audit: Mr. Remy Billups Currently: Mr. Remy Billups