Tau Kappa Epsilon Fraternity Inc is located in Vermillion, SD. The organization was established in 2004. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Tau Kappa Epsilon 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 05/2024, Tau Kappa Epsilon Fraternity Inc generated $21.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $57.1k during the year ending 05/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
WE ARE THE HOUSING CORPORATION FOR A SOCIAL FRATERNITY. WE PROVIDED HOUSING FOR ABOUT 10 UNDERGRADUATE MALES. THE HOUSE ALSO SERVED AS A CLUBHOUSE FOR ABOUT 60 UNDERGRADUATE MALES. OUR PROGRAM SERVICE EXPENSES ARE INSURANCE, PROPERTY TAXES, UTILITIES, MAINTENANCE, AND IMPROVEMENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Gossie President | 2 | $0 | |
Mitchell Morse Vice-President | 1 | $0 | |
Cecil Caulkins Secretary | 1 | $0 | |
Eric Uecker Treasurer | 2 | $0 | |
Phil Busch Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,614 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $452 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $19,093 |
Total Revenue | $21,159 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $57,066 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $57,066 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $97,870 |
Other assets | $0 |
Total assets | $97,870 |
Total liabilities | $0 |
Net assets or fund balances | $97,870 |