The Alumnites competed in the Eastern Division of the NPBL. They compiled a record of 18 wins and 17 losses (.514), and finished in second place in the Eastern Division behind the Sheboygan Redskins (at 29–16, .644). The Alumnites were coached by Walt Kolish and were one of only three teams in the NPBL to finish with a winning record, the other two being the Sheboygan Redskins and the Western Division's Waterloo Hawks (32–24, .571).[3][4]
The Alumnites played at the Louisville Male High School Gymnasium. The gym is still in use and the facility it is listed on the National Register of Historic Places. The location is 911 South Brook Street; Brook Street & Breckinridge Street. The school moved to a new location in 1991. The facility is owned and operated by the Salvation Army.[6][7]