NAICS Code 813410-34 - Universities/Colleges-Alumni Assn/Club

Marketing Level - NAICS 8-Digit

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NAICS Code 813410-34 Description (8-Digit)

Universities/Colleges-Alumni Assn/Club is a subdivision of the Civic and Social Organizations industry that involves organizations dedicated to supporting alumni of universities and colleges. These organizations provide a range of services to alumni, including networking opportunities, career services, and social events. They also work to promote the interests of their respective universities and colleges, and may engage in fundraising activities to support academic programs and scholarships.

Hierarchy Navigation for NAICS Code 813410-34

Parent Code (less specific)

Tools

Tools commonly used in the Universities/Colleges-Alumni Assn/Club industry for day-to-day tasks and operations.

  • Alumni management software
  • Event management software
  • Email marketing platforms
  • Social media management tools
  • Fundraising software
  • Customer relationship management (CRM) software
  • Survey tools
  • Volunteer management software
  • Online payment processing tools
  • Data analytics tools

Industry Examples of Universities/Colleges-Alumni Assn/Club

Common products and services typical of NAICS Code 813410-34, illustrating the main business activities and contributions to the market.

  • Alumni networking events
  • Career services for alumni
  • Fundraising campaigns for academic programs and scholarships
  • Social events for alumni
  • Mentoring programs for current students
  • Alumni newsletters and publications
  • Online alumni directories
  • Alumni travel programs
  • Professional development opportunities for alumni
  • Alumni awards and recognition programs

Certifications, Compliance and Licenses for NAICS Code 813410-34 - Universities/Colleges-Alumni Assn/Club

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Accreditation: Accreditation is a voluntary process that colleges and universities undergo to demonstrate that they meet certain standards of quality. Accreditation is granted by independent accrediting agencies recognized by the U.S. Department of Education. Accreditation is important for universities and colleges because it ensures that they meet certain standards of quality and that their degrees will be recognized by other institutions and employers. The Council for Higher Education Accreditation (CHEA) is a national organization that recognizes accrediting agencies.
  • IRS Tax-Exempt Status: Universities and colleges that are organized as non-profit organizations are eligible for tax-exempt status under section 501(c)(3) of the Internal Revenue Code. To obtain tax-exempt status, universities and colleges must file Form 1023 with the IRS.
  • Title IX Compliance: Title IX is a federal law that prohibits sex discrimination in education. Universities and colleges that receive federal funding are required to comply with Title IX. Compliance with Title IX includes having a designated Title IX coordinator, providing training to employees and students, and having policies and procedures in place to address and prevent sex discrimination.
  • FERPA Compliance: The Family Educational Rights and Privacy Act (FERPA) is a federal law that protects the privacy of student education records. Universities and colleges that receive federal funding are required to comply with FERPA. Compliance with FERPA includes obtaining written consent from students before disclosing their education records, providing students with access to their education records, and maintaining the confidentiality of education records.
  • NCAA Compliance: The National Collegiate Athletic Association (NCAA) is a non-profit organization that regulates athletes of 1,268 North American institutions and conferences. Universities and colleges that participate in NCAA athletics are required to comply with NCAA rules and regulations. Compliance with NCAA rules includes maintaining academic eligibility, following recruiting rules, and adhering to financial aid regulations.

History

A concise historical narrative of NAICS Code 813410-34 covering global milestones and recent developments within the United States.

  • The "Universities/Colleges-Alumni Assn/Club" industry has a long history dating back to the early days of universities and colleges. The first alumni association was established in 1840 by Yale University, and by the end of the 19th century, many other universities had followed suit. These associations were initially created to foster a sense of community among alumni and to support the university financially. Over time, alumni associations expanded their scope to include career services, networking opportunities, and social events. In recent years, alumni associations have embraced technology to connect with alumni around the world through social media, online communities, and virtual events. In the United States, alumni associations have become an integral part of the higher education landscape, with many universities relying on them for fundraising and alumni engagement. Recent history of the "Universities/Colleges-Alumni Assn/Club" industry in the United States has been marked by a shift towards more data-driven approaches to alumni engagement. With the rise of big data and analytics, alumni associations have been able to better understand their alumni and tailor their programs and services to meet their needs. This has led to a proliferation of online communities, career services, and mentorship programs. In addition, alumni associations have become more focused on diversity, equity, and inclusion, with many launching initiatives to support underrepresented groups. Overall, the "Universities/Colleges-Alumni Assn/Club" industry in the United States has evolved to become a vital part of the higher education ecosystem, providing valuable services and support to alumni around the world.

Future Outlook for Universities/Colleges-Alumni Assn/Club

The anticipated future trajectory of the NAICS 813410-34 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The Universities/Colleges-Alumni Assn/Club industry in the USA is expected to continue growing in the coming years. With the increasing number of students graduating from colleges and universities, the demand for alumni associations and clubs is expected to rise. Additionally, the industry is likely to benefit from the growing trend of alumni giving back to their alma maters. However, the industry may face challenges such as declining enrollment rates and reduced funding for higher education institutions. Overall, the industry is expected to remain stable and continue to provide valuable services to alumni and their respective institutions.

Industry Innovations for NAICS Code 813410-34

Recent groundbreaking advancements and milestones in the Universities/Colleges-Alumni Assn/Club industry, reflecting notable innovations that have reshaped its landscape.

  • Virtual Events: Many alumni associations and clubs have started hosting virtual events to engage with their members during the COVID-19 pandemic. These events include virtual networking sessions, webinars, and online social gatherings.
  • Career Services: Some alumni associations and clubs have started offering career services to their members, such as job boards, resume reviews, and career counseling.
  • Mentoring Programs: Many alumni associations and clubs have implemented mentoring programs to connect alumni with current students or recent graduates. These programs provide valuable guidance and support to students as they navigate their careers.
  • Philanthropic Initiatives: Some alumni associations and clubs have launched philanthropic initiatives to support their respective institutions. These initiatives include fundraising campaigns, scholarship programs, and donations to campus projects.
  • Diversity and Inclusion Efforts: Many alumni associations and clubs have started focusing on diversity and inclusion efforts to create a more welcoming and inclusive community. These efforts include hosting events and initiatives that celebrate diversity and promote inclusivity.

NAICS Code 813410-34 - Universities/Colleges-Alumni Assn/Club

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