Delta Upsilon International Fraternity Inc
- Assets
- $5.0m
- Revenue
- $2.7m
- Investments
- $1.4m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 05/1996
- Data as of
- 06/2022
- EIN
- 35-1964887
Organization Overview
Delta Upsilon International Fraternity Inc is located in Indianapolis, IN. The organization was established in 1996. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Delta Upsilon International Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Delta Upsilon International Fraternity Inc generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $2.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) 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 ESTABLISH UNDERGRADUATE CHAPTERS AND TO PROMOTE AND ENHANCE DEVELOPMENT AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPTER SERVICES: THE FRATERNITY PROVIDES SERVICES TO ITS 73 CHAPTERS INCLUDING REGULAR STAFF VISITS, PUBLICATIONS AND RESOURCES, OVERSIGHT, AND GUIDANCE. THE FRATERNITY ALSO PROVIDES A RISK MANAGEMENT PROGRAM FOR ALL CHAPTERS AND THEIR MEMBERS.
ALUMNI SERVICES: THE FRATERNITY PROVIDES SERVICES TO ITS OVER 65,000 ALUMNI PRIMARILY THROUGH THE MAINTENANCE AND UPDATING OF MEMBERSHIP RECORDS.
EDUCATIONAL LEADERSHIP CONFERENCES: THE FRATERNITY HOLDS VARIOUS CONFERENCES WHICH DISSEMINATE LEADERSHIP AND EDUCATIONAL INFORMATION AND MATERIALS INCLUDING THE PRESIDENTS ACADEMY, THE RECRUITMENT SYMPOSIUM, REGIONAL LEADERSHIP ACADEMIES AND THE ANNUAL LEADERSHIP INSTITUTE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Kirk Executive Director | Officer | 22 | $234,902 |
Raymond Grindel Associate Executive Direct | Officer | 40 | $132,640 |
Thomas Durein President | OfficerTrustee | 1 | $0 |
Robert S Lannin Chairman | OfficerTrustee | 1 | $0 |
Aaron Clevenger Secretary | OfficerTrustee | 1 | $0 |
James Bell Vice-Chairman | OfficerTrustee | 1 | $0 |
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 | $256,024 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,024 |
| Total Program Service Revenue | $2,111,848 |
| Investment income | $80,012 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $40,594 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $70,353 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,161 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,676,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $405 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $253,049 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $643,911 |
| Pension plan accruals and contributions | $18,204 |
| Other employee benefits | $71,464 |
| Payroll taxes | $75,237 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $425 |
| Fees for services: Accounting | $26,672 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,438 |
| Fees for services: Other | $24,906 |
| Advertising and promotion | $0 |
| Office expenses | $49,123 |
| Information technology | $69,158 |
| Royalties | $0 |
| Occupancy | $71,486 |
| Travel | $228,435 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $298,631 |
| Interest | $4,189 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,540 |
| Insurance | $356,782 |
| All other expenses | $49,472 |
| Total functional expenses | $2,513,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $417,078 |
| Savings and temporary cash investments | $600,508 |
| Pledges and grants receivable | $49,924 |
| Accounts receivable, net | $273,589 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $50,739 |
| Prepaid expenses and deferred charges | $33,930 |
| Net Land, buildings, and equipment | $8,613 |
| Investments—publicly traded securities | $2,157,348 |
| Investments—other securities | $1,437,113 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,500 |
| Total assets | $5,036,342 |
| Accounts payable and accrued expenses | $62,442 |
| Grants payable | $0 |
| Deferred revenue | $37,157 |
| 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 | $150,022 |
| Other liabilities | $394,500 |
| Total liabilities | $644,121 |
| Net assets without donor restrictions | $4,392,221 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $5,036,342 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Delta Upsilon International Fraternity Inc has recieved totaling $422,354.
| Awarding Organization | Amount |
|---|---|
Delta Upsilon Educational Foundation Inc Indianapolis, IN PURPOSE: EDUCATIONAL SCHOLARSHIPS FOR MEMBERS AND LEADERSHIP PROGRAM FEES | $211,177 |
Delta Upsilon Educational Foundation Inc Indianapolis, IN PURPOSE: EDUCATIONAL SCHOLARSHIPS FOR MEMBERS AND LEADERSHIP PROGRAM FEES | $211,177 |
Endowment Analysis
| Beg. Balance | $2,232,456 |
| Earnings | -$201,652 |
| Other Expense | $81,437 |
| Ending Balance | $1,949,367 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union League Club Of Chicago Chicago, IL | $26,749,429 | $20,158,030 |
Missouri Athletic Club St Louis, MO | $22,640,194 | $18,091,674 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Butterfield Country Club Oak Brook, IL | $37,524,568 | $14,281,799 |
University Club Of Chicago Chicago, IL | $40,558,650 | $14,990,991 |
Bellerive Country Club Saint Louis, MO | $30,118,733 | $15,442,843 |
Alpha Chi Omega National Housing Corporation Indianapolis, IN | $68,106,791 | $16,027,721 |
National Association Of Intercollegiate Athletics Kansas City, MO | $12,204,653 | $13,287,204 |
Big Spring Country Club Inc Louisville, KY | $27,849,226 | $12,028,840 |
Westmoreland Country Club Wilmette, IL | $31,536,434 | $12,960,463 |
St Louis Country Club Saint Louis, MO | $23,333,122 | $12,315,220 |
Skokie Country Club Glencoe, IL | $25,480,990 | $12,823,319 |