Alpha Xi Delta Bldg Corp Of Kent is located in New Franklin, OH. The organization was established in 1961. 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 08/2022, Alpha Xi Delta Bldg Corp Of Kent employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alpha Xi Delta Bldg Corp Of Kent is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2022, Alpha Xi Delta Bldg Corp Of Kent generated $49.6k 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 (17.5%) each year. All expenses for the organization totaled $56.9k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND HOUSING AND MEETING FACILITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A MEETING PLACE AND HOUSING FACILITY FOR THE LOCAL CHAPTER OF ALPHA XI DELTA NATIONAL FRATERNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Sharon Hall President | Officer | 3 | $0 |
Peggy Coyne Director | Officer | 3 | $0 |
Marcia Adair Treasurer | Officer | 5 | $0 |
Amy Snell Director | Officer | 2 | $0 |
Lydia Tadda Chapter President | Officer | 2 | $0 |
Kathy Stugmeyer Director | Officer | 2 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $44,864 |
Investment income | $2,213 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,571 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $49,648 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,461 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $372 |
Fees for services: Management | $0 |
Fees for services: Legal | $25 |
Fees for services: Accounting | $1,555 |
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 | $35 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $22,191 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $20,700 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $56,868 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $31,589 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $709,244 |
Investments—publicly traded securities | $110,291 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $851,124 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $851,124 |
Total liabilities and net assets/fund balances | $851,124 |
Organization Name | Assets | Revenue |
---|---|---|
Beta Theta Pi Fraternity Oxford, OH | $3,680,117 | $8,942,106 |
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Beta Theta Pi Fraternity Oxford, OH | $10,733,585 | $6,268,729 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Delta Gamma Foundation Columbus, OH | $43,080,592 | $13,458,880 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Sigma Tau Gamma Fraternity Indianapolis, IN | $5,058,507 | $3,953,336 |
Delta Tau Delta Educational Foundation Inc Fishers, IN | $27,163,598 | $7,019,094 |
Alpha Sigma Phi Fraternity Inc Carmel, IN | $4,417,023 | $3,578,190 |
Richmond Property Group Ltd Indianapolis, IN | $27,750,177 | $3,183,592 |
Alpha Kappa Psi Fraternity Noblesville, IN | $11,674,776 | $3,757,716 |