Stillwater Delta Tau Delta Corp is located in Stillwater, OK. The organization was established in 1983. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Stillwater Delta Tau Delta Corp is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2024, Stillwater Delta Tau Delta Corp generated $445.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $733.0k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING FOR FRATERNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OCCUPANCY COSTS FOR CHAPTER HOUSE AND UNDERGRADUATE CHAPTER OF EXEMPT INTERENATIONAL COLLEGE FRATERNITY. ALSO, MORTGAGE INTEREST PAID FOR CHAPTER HOUSE AND INSURANCE AND OTHER RELATED COSTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Barker President | Officer | 10 | $0 |
Joe Millar Treasurer | Officer | 10 | $0 |
Kevin Mcnutt Vice President | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $11,825 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $84,775 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $96,600 |
Total Program Service Revenue | $348,600 |
Investment income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $445,200 |
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. | $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 | $4,351 |
Fees for services: Accounting | $1,650 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $72,267 |
Office expenses | $3,706 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $92,576 |
Travel | $200 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $151,404 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $358,997 |
Insurance | $41,634 |
All other expenses | $6,201 |
Total functional expenses | $732,986 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $55,339 |
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 | $6,478,644 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $156,801 |
Total assets | $6,690,784 |
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 | $3,825,073 |
Unsecured mortgages and notes payable | $77,275 |
Other liabilities | $0 |
Total liabilities | $3,902,348 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $2,788,436 |
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 | $6,690,784 |