Alpha Gamma Delta Fraternity
- Assets
- $11.7m
- Revenue
- $4.4m
- Investments
- $2.2m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 05/1941
- Data as of
- 05/2023
- EIN
- 22-1550561
Organization Overview
Alpha Gamma Delta Fraternity is located in Indianapolis, IN. The organization was established in 1941. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Alpha Gamma Delta Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2023, Alpha Gamma Delta Fraternity generated $4.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $5.1m during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE A SPIRIT OF MUTUAL ASSISTANCE AND UNDERSTANDING TO MAINTAIN HIGH STANDARDS OF SCHOLARSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INTERNATIONAL PROPERTY AND LIABILITY INSURANCE PROGRAM IS ADMINISTERED BY THE FRATERNITY. THE INSURANCE PROGRAM SERVES NUMEROUS HOUSE ASSOCIATIONS, UNDERGRADUATE CHAPTERS, ALUMNI CHAPTERS AND CLUBS THROUGHOUT THE YEAR.
THE INTERNATIONAL CONVENTION AND WORKSHOPS ARE ADMINISTERED THROUGH THE OPERATING FUND. THE CONVENTION IS HELD EVERY OTHER YEAR.
TO PROVIDE MEMBER SERVICES BY SELLING JEWELRY AND SUPPLIES AND PUBLISHING QUARTERLY MAGAZINES.
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 |
|---|---|---|---|
Lee Woodham Langub President | OfficerTrustee | 12 | $0 |
Dani Picciotti Vice Pres - Collegians | OfficerTrustee | 10 | $0 |
Kalina Haynes Vice Pres - Panhellenic Af | OfficerTrustee | 10 | $0 |
Klazina Van Den Berg Vice Pres - Finance | OfficerTrustee | 10 | $0 |
Catherine Matthews Vice Pres - Extension | OfficerTrustee | 10 | $0 |
Jennifer Mores Vice Pres - International | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Herff Jones Fraternity Regalia | 5/30/23 | $215,211 |
Network Technology Solutions Network Infrastructure | 5/30/23 | $116,070 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,184 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,184 |
| Total Program Service Revenue | $3,893,136 |
| Investment income | $212,418 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $195,632 |
| Net Rental Income | -$36,668 |
| Net Gain/Loss on Asset Sales | -$325,141 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $198,585 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,374,047 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $307,199 |
| 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. | $175,486 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,795,690 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $170,044 |
| Payroll taxes | $159,834 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,014 |
| Fees for services: Accounting | $43,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,120 |
| Fees for services: Other | $191,299 |
| Advertising and promotion | $19,531 |
| Office expenses | $218,818 |
| Information technology | $163,342 |
| Royalties | $0 |
| Occupancy | $51,829 |
| Travel | $385,070 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $253,149 |
| Interest | $128,242 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $179,862 |
| Insurance | $314,825 |
| All other expenses | $89,441 |
| Total functional expenses | $5,118,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $764,248 |
| Savings and temporary cash investments | $1,485,464 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $493,089 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $246,783 |
| Net Land, buildings, and equipment | $2,429,082 |
| Investments—publicly traded securities | $4,067,262 |
| Investments—other securities | $2,206,191 |
| Investments—program-related | $0 |
| Intangible assets | $3,325 |
| Other assets | $8,712 |
| Total assets | $11,704,156 |
| Accounts payable and accrued expenses | $324,594 |
| Grants payable | $0 |
| Deferred revenue | $23,539 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,529,774 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,940,327 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $658,116 |
| Total liabilities | $7,476,350 |
| Net assets without donor restrictions | $4,157,508 |
| Net assets with donor restrictions | $70,298 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,704,156 |
Grants Awarded
Over the last fiscal year, Alpha Gamma Delta Fraternity has awarded $177,591 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALPHA GAMMA DELTA FRATERNITY HOUSING CORPORATION PURPOSE: SUPPORT MEMBER OCCUPANCY LOSS DUE TO COVID-19 | $116,246 |
EPSILON CHI CHAPTER OF ALPHA GAMMA DELTA FRATERNITY PURPOSE: SUPPORT MEMBER OCCUPANCY LOSS DUE TO COVID-19 | $53,925 |
ZETA ALPHA CHAPTER OF ALPHA GAMMA DELTA FRATERNITY PURPOSE: SUPPORT MEMBER OCCUPANCY LOSS DUE TO COVID-19 | $7,420 |