Alpha Gamma Rho Fraternity is located in Janesville, WI. 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 Gamma Rho Fraternity 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, Alpha Gamma Rho Fraternity generated $106.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $77.3k during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A HOUSING FACILITY FOR FRATERNAL STUDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINED A HOUSING FACILITY FOR 18 FRATERNAL STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jordan Alf Treasurer | OfficerTrustee | 1.5 | $0 |
Rodger Williams Secretary | OfficerTrustee | 1 | $0 |
Michael Long President | OfficerTrustee | 1.5 | $0 |
Jim Kruger Director | Trustee | 1 | $0 |
Kevin Klubertanz Director | Trustee | 1 | $0 |
Scott Laufenberg Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $7,991 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $30,650 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $38,641 |
Total Program Service Revenue | $61,230 |
Investment income | $11 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $6,654 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $106,536 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $500 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,505 |
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 | $40 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $23,860 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $10,083 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $24,955 |
Insurance | $7,598 |
All other expenses | $55 |
Total functional expenses | $77,284 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $42,883 |
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 | $390,925 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $433,808 |
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 | $246,742 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $3,500 |
Total liabilities | $250,242 |
Net assets without donor restrictions | $183,566 |
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 | $433,808 |
Admin Expense | $183 |
Net Contributions | $9,140 |
Ending Balance | $8,957 |
Organization Name | Assets | Revenue |
---|---|---|
Alpha Phi International Fraternity Inc Chicago, IL | $56,554,412 | $12,398,073 |
Alpha Phi Foundation Inc Park Ridge, IL | $26,651,155 | $5,758,361 |
Alpha Phi International Fraternity Inc Chicago, IL | $421,200 | $3,656,233 |
Alpha Phi International Fraternity Chicago, IL | $317,269 | $2,685,882 |
Omega Enterprises Inc Eba Green Bay, WI | $419,566 | $1,989,091 |
Alpha Phi International Fraternity Inc Chicago, IL | $367,493 | $1,661,589 |
Alpha Phi International Fraternity Inc Chicago, IL | $358,828 | $1,806,685 |
Alpha Phi International Fraternity Chicago, IL | $334,026 | $1,671,045 |
Alpha Phi International Fraternity Chicago, IL | $611,846 | $1,460,195 |
Delta Kappa Epsilon Fraternity Ann Arbor, MI | $1,260,781 | $1,399,945 |
Alpha Phi International Fraternity Inc Chicago, IL | $406,793 | $1,435,017 |
Alpha Phi International Fraternity Chicago, IL | $227,097 | $1,333,558 |