Fraternity Executives Association

Organization Overview

Fraternity Executives Association is located in Indianapolis, IN. The organization was established in 1985. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Fraternity Executives Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Fraternity Executives Association generated $397.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $220.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE EDUCATIONAL AND OTHER SUPPORT OF THE FRATERNAL MOVEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL PROGRAMS INCLUDE: INTERFRATERNITY INSTITUTE PROGRAM WHICH IS A PROFESSIONAL DEVELOPMENT INSTITUTE FOCUSED ON COLLEGE STUDENT PROFESSIONALS WHO HAVE BEEN IN THE FIELD 1-5 YEARS. MEMBERS ATTENDED TO LEARN ABOUT STANDARDS IMPLEMENTATION, HAZING, COMMUNITY CHANGE, AND RISK MANGEMENT; AND FIELD STAFF TRAINING THAT ALLOWS JUNIOR STAFF TO TRAIN WITH UNIVERSITY STUDENT DEVELOPMENT STAFF BY ATTENDING SEMINARS CONDUCTED BY EXPERTS IN THE FIELD.


ANNUAL MEETING: EXECUTIVES AND OTHER FRATERNAL STAFF MEMBERS ATTEND TO LEARN AND DISCUSS DIFFERENT FACTORS IN THE FRATERNAL MOVEMENT SUCH AS RISK MANAGEMENT, RECRUITMENT, EXPANSION, AND STAFF MANAGEMENT.


GRANTS: INTERFRATERNITY INSTITUTE SCHOLARSHIPS, RISK MANAGEMENT, AND EDUCATIONAL GRANTS FOR INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Nicki Meneley
Chief Executive Officer
$121,465
Michelle Ardern
President-Elect
$0
Jeremy Slivinski
President
$0
Jordan Bentlage
Secretary/treasurer
$0
Elysia Gallivan
Director
$0
Gordy Heminger
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $20,832
All other contributions, gifts, grants, and similar amounts not included above$11,475
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$32,307
Total Program Service Revenue$78,738
Investment income $27,445
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $258,935
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $397,480

Endowment Analysis

Beg. Balance$931,871
Admin Expense$3,525
Grants$6,547
Ending Balance$921,799

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