Kappa Kappa Gamma Fraternity Housing Corporation is located in Dublin, OH. The organization was established in 2019. 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. Kappa Kappa Gamma Fraternity Housing Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2021, Kappa Kappa Gamma Fraternity Housing Corporation generated $391.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $513.3k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FRATERNITY HOUSING CORPORATION IS A 501(C)7 SOCIAL NONPROFIT ORGANIZATION THAT PROMOTES AND FURTHERS THE GOALS OF KAPPA KAPPA GAMMA FRATERNITY BY PROVIDING OR FACILITATING FINANCING, SERVICES, AND PROGRAMS IN SUPPORT OF OWNED HOUSING AND OTHER NON-OWNED FACILITIES FOR KAPPA KAPPA GAMMA FRATERNITY. THESE PROGRAMS INCLUDE AN INCLUSIVE PROCESS FOR ACCOMMODATIONS, FINANCIAL TRANSPARENCY, AND SUPPORT FOR ACHIEVING A SAFE AND SUPPORTIVE MEMBERSHIP LIVING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FRATERNITY HOUSING CORPORATION IS A 501 (C)7 SOCIAL NONPROFIT ORGANIZATION THAT PROMOTES AND FURTHERS THE GOALS OF KAPPA KAPPA GAMMA FRATERNITY BY PROVIDING OR FACILITATING FINANCING, SERVICES, AND PROGRAMS IN SUPPORT OF OWNED HOUSING AND OTHER NON-OWNED FACILITIES FOR KAPPA KAPPA GAMMA FRATERNITY. THESE PROGRAMS INCLUDE AN INCLUSIVE PROCESS FOR ACCOMMODATIONS, FINANCIAL TRANSPARENCY, AND SUPPORT FOR ACHIEVING A SAFE AND SUPPORTIVE MEMBERSHIP LIVING ENVIRONMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Beth Black President | OfficerTrustee | 1 | $0 |
Kari Poole Secretary/executive Director | OfficerTrustee | 1 | $0 |
Peggy Cabaniss Treasurer | OfficerTrustee | 1 | $0 |
Gail Owen Trustee | Trustee | 1 | $0 |
Nancy Foland Trustee | Trustee | 1 | $0 |
Patty Gesell Trustee | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $385,887 |
Investment income | $142 |
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 | $391,394 |
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 | $39,541 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,763 |
Fees for services: Management | $0 |
Fees for services: Legal | $34,063 |
Fees for services: Accounting | $13,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $98,596 |
Advertising and promotion | $0 |
Office expenses | $24,281 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $130,279 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $169,654 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $513,277 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $400,723 |
Savings and temporary cash investments | $256,000 |
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 | $4,390 |
Net Land, buildings, and equipment | $2,226,601 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $75,000 |
Total assets | $2,962,714 |
Accounts payable and accrued expenses | $10,358 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $57,070 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,389,486 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,435,554 |
Total liabilities | $2,892,468 |
Net assets without donor restrictions | $0 |
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 | $2,962,714 |
Beg. Balance | $25,139,920 |
Earnings | $7,750,042 |
Admin Expense | $291,588 |
Net Contributions | $417,211 |
Grants | $518,975 |
Ending Balance | $32,496,610 |
Organization Name | Assets | Revenue |
---|---|---|
Alpha Chi Omega Fraternity Inc Subordinate Group Return Indianapolis, IN | $14,649,947 | $40,155,392 |
Kappa Alpha Theta Fraternity Housing Corporation Indianapolis, IN | $75,225,984 | $20,546,319 |
Tuscarora Intermediate Unit Capital Insurance Trust Pleasant Gap, PA | $4,120,321 | $22,419,678 |
Sigma Theta Tau International Inc Indianapolis, IN | $54,290,357 | $14,050,020 |
Beta Theta Pi Fraternity Oxford, OH | $3,680,117 | $8,942,106 |
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Beta Theta Pi Fraternity Oxford, OH | $10,733,585 | $6,268,729 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Delta Gamma Foundation Columbus, OH | $43,080,592 | $13,458,880 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Sigma Tau Gamma Fraternity Indianapolis, IN | $5,058,507 | $3,953,336 |