Triangle Fraternity National Council
- Assets
- $2.2m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 14
- Location
- Plainfield, IN
- Founding
- 10/1940
- Data as of
- 06/2022
- EIN
- 38-1467069
Organization Overview
Triangle Fraternity National Council is located in Plainfield, IN. The organization was established in 1940. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Triangle Fraternity National Council employed 14 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Triangle Fraternity National Council 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, Triangle Fraternity National Council generated $1.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. 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
NATIONAL OFFICE PROVIDES SUPPORT, RESOURCES, EDUCATIONAL PROGRAMS AND SERVICES FOR ALUMNI AND UNDERGRADUATE CHAPTERS THAT PROVIDE LIVING FACILITIES AND LIFE-SKILLS TRAINING FOR MEMBERS ATTENDING COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO MAINTAIN A FRATERNITY OF ENGINEERS, ARCHITECTS AND SCIENTISTS BY ESTABLISHING CHAPTERS THAT DEVELOP BALANCED MEN WHO CULTIVATE HIGH MORAL CHARACTER, FOSTER LIFELONG FRIENDSHIPS, AND LIVE THEIR LIVES WITH INTEGRITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyler Moore National Treasurer | OfficerTrustee | 2 | $0 |
Robert Lawrence Goehring Council Member | Trustee | 2 | $0 |
Peter Satre Council Member | Trustee | 2 | $0 |
Bradley Keller Council Member | Trustee | 2 | $0 |
Jake Hoppert Council Member | Trustee | 2 | $0 |
Joseph M Cerrato Past National President | OfficerTrustee | 2 | $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 | $343,364 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $343,364 |
| Total Program Service Revenue | $884,192 |
| Investment income | $13,525 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$4,401 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,279,157 |
| 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. | $92,401 |
| Compensation of current officers, directors, key employees. | $30,030 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $287,274 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $68,679 |
| Payroll taxes | $30,142 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,420 |
| Fees for services: Accounting | $17,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,546 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $88,578 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,748 |
| Travel | $72,782 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $157,636 |
| Interest | $26,590 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,051 |
| Insurance | $124,852 |
| All other expenses | $6,125 |
| Total functional expenses | $1,085,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $919,458 |
| Savings and temporary cash investments | $52,892 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $76,340 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $150,000 |
| Inventories for sale or use | $3,364 |
| Prepaid expenses and deferred charges | $67,529 |
| Net Land, buildings, and equipment | $131,651 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $833,354 |
| Total assets | $2,234,588 |
| Accounts payable and accrued expenses | $40,505 |
| Grants payable | $0 |
| Deferred revenue | $221,744 |
| 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 | $276,289 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $538,538 |
| Net assets without donor restrictions | $1,346,050 |
| Net assets with donor restrictions | $350,000 |
| 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 | $2,234,588 |