Phi Eta Kappa Building Association
- Assets
- $245.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orono, ME
- Founding
- 11/2010
- Data as of
- 08/2023
- EIN
- 01-0442081
Organization Overview
Phi Eta Kappa Building Association is located in Orono, ME. The organization was established in 2010. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phi Eta Kappa Building Association is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 08/2023, Phi Eta Kappa Building Association generated $55.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $53.5k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED HOUSING TO THE PHI ETA KAPPA GREEK SOCIAL FRATERNITY LOCATED AT THE UNIVERSITY OF MAINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Lyons President | 1 | $0 | |
Zach Lingley Vice President | 1 | $0 | |
James Bertolino Treasurer | 1 | $0 | |
Derek Cashman Secretary | 1 | $0 | |
Ike Gasaway Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $55,600 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,600 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,070 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,406 |
| Total expenses | $53,476 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,099 |
| Other assets | $0 |
| Total assets | $245,647 |
| Total liabilities | $6,126 |
| Net assets or fund balances | $239,521 |