Alpha Chi Rho Fraternity
- Assets
- $974.2k
- Revenue
- $672.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Neptune, NJ
- Founding
- 08/1935
- Data as of
- 07/2019
- EIN
- 13-4919465
Organization Overview
Alpha Chi Rho Fraternity is located in Neptune, NJ. The organization was established in 1935. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. As of 07/2019, Alpha Chi Rho Fraternity employed 4 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Alpha Chi Rho Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2019, Alpha Chi Rho Fraternity generated $672.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $561.0k during the year ending 07/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
COLLEGIATE MEN'S SOCIAL FRATERNITY SERVICE TO THE COMMUNITY AND PHILANTHROPIC ACTIVITIES. PROMOTE GOOD CITIZENSHIP DEVELOPE LIFELONG LEADERSHIP SKILLS. DEVELOPE COMMUNICATION AND MANAGEMENT SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP LEADERSHIP,CITIZENSHIP AND SOCIAL TRAINING. INTELLECTUAL AND MORAL DEVELOPEMENT. .
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Carlson Secretary | Officer | 40 | $95,858 |
Joshua Brodsky Treasurer | Officer | 4 | $0 |
Kenneth Chapel President | Officer | 5 | $0 |
Revdavid Jost Vice President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $575,767 |
| Investment income | $9,316 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $53,259 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,239 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $672,290 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,858 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,989 |
| Pension plan accruals and contributions | $8,664 |
| Other employee benefits | $47,278 |
| Payroll taxes | $17,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,429 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,235 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,600 |
| Travel | $35,073 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,321 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $170 |
| Insurance | $122,996 |
| All other expenses | $0 |
| Total functional expenses | $561,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,294 |
| Savings and temporary cash investments | $88,273 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $311,460 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $286,471 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $213,640 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,490 |
| Total assets | $974,231 |
| Accounts payable and accrued expenses | $30,431 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $30,431 |
| Net assets without donor restrictions | $755,993 |
| Net assets with donor restrictions | $187,807 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $943,800 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alpha Chi Rho Fraternity has recieved totaling $99,626.
| Awarding Organization | Amount |
|---|---|
Alpha Chi Rho Educational Foundation Inc Neptune, NJ PURPOSE: Leadership training seminars and advisement | $99,626 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tuscarora Intermediate Unit Capital Insurance Trust Pleasant Gap, PA | $4,120,321 | $22,419,678 |
Delta Phi Epsilon Sorority Inc Philadelphia, PA | $2,908,015 | $2,233,543 |
National Sorority Of Phi Delta Kappa Inc Jersey City, NJ | $268,975 | $76,573 |
Beta Alpha Chapter Of Chi Omega House Corp Wayne, PA | $1,129,031 | $303,939 |
Akwesasne Boys & Girls Club St Regis Mohawk Tribe Akwesasne, NY | $980,425 | $1,776,234 |
Phi Sigma Pi National Honor Fraternity Lancaster, PA | $2,938,187 | $1,733,075 |
Zeta Psi Fraternity Of North America Pearl River, NY | $650,645 | $844,211 |
Kappa Delta Rho National Fraternity Inc Latrobe, PA | $697,261 | $1,007,764 |
Theta Chi Fraternity Inc Hamilton, NY | $187,643 | $1,010,005 |
Sigma Pi Fraternity International Inc Ithaca, NY | $1,758,643 | $749,851 |
Alpha Lambda Delta Fairport, NY | $5,719,443 | $1,145,562 |
Lambda Chi Alpha Fraternity Inc Ithaca, NY | $99,913 | $753,956 |