Alpha Tau Omega Fraternity is located in West Lafayette, 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 subordinate organization within an affiliated group for tax-exemption purposes. Alpha Tau Omega Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Alpha Tau Omega Fraternity generated $131.4k 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 (4.6%) each year. All expenses for the organization totaled $141.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS A FRATERNITY THAT COLLECTS DUES AND ASSESSMENTS FROM ITS MEMBERS AND MAKES EXPENDITURES TO PROVIDE HOUSING AND OTHER SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kiernan Mccormick President | 20 | $0 | |
Derek Peterson Vice Preside | 20 | $0 | |
Sam Gentry Chaplain | 20 | $0 | |
Erik Buth Former Treas | 20 | $0 | |
Jake Loncar Secretary | 20 | $0 | |
Jack Heiss Spring Pldg | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $126,175 |
Membership dues | $0 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $5,186 |
Total Revenue | $131,362 |
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 | $1,512 |
Occupancy, rent, utilities, and maintenance | $73,723 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $66,501 |
Total expenses | $141,736 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $6,483 |
Other assets | $0 |
Total assets | $6,483 |
Total liabilities | $0 |
Net assets or fund balances | $6,483 |
Organization Name | Assets | Revenue |
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Alpha Kappa Alpha Sorority Inc Chicago, IL | $52,441,632 | $51,516,125 |
Alpha Chi Omega Fraternity Inc Subordinate Group Return Indianapolis, IN | $14,649,947 | $40,155,392 |
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Kappa Alpha Theta Fraternity Housing Corporation Indianapolis, IN | $75,225,984 | $20,546,319 |
Sigma Theta Tau International Inc Indianapolis, IN | $54,290,357 | $14,050,020 |
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Alpha Phi International Fraternity Inc Chicago, IL | $56,554,412 | $12,398,073 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Alpha Phi Foundation Inc Park Ridge, IL | $26,651,155 | $5,758,361 |