Canonsburg Corporation
- Assets
- $309.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Poway, CA
- Founding
- 05/2008
- Data as of
- 12/2023
- EIN
- 33-0674487
Organization Overview
Canonsburg Corporation is located in Poway, CA. The organization was established in 2008. 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 subordinate organization within an affiliated group for tax-exemption purposes. Canonsburg Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Canonsburg Corporation generated $60.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $52.1k during the year ending 12/2023. While expenses have increased by 6.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
PROVIDES HOUSING FOR THE PHI KAPPA PSI FRATERNITY MEMBERS AT SAN DIEGO STATE UNIVERSITY. OPERATES SAN DIEGO ALUMNI ASSOCIATION TO SUPPORT UNDERGRADUATE MEMBERS AND SPONSOR PHILANTHROPIC EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Fukushima Treasurer | 5 | $0 | |
Monte Wise President | 5 | $0 | |
Stanley Krimmerman Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,250 |
| Investment income | $58,956 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,206 |
| 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 | $12 |
| Occupancy, rent, utilities, and maintenance | $51,729 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $334 |
| Total expenses | $52,075 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,456 |
| Other assets | $0 |
| Total assets | $309,603 |
| Total liabilities | $202,920 |
| Net assets or fund balances | $106,683 |