The Alumni Corporation is located in West Valley City, UT. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alumni Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Alumni Corporation generated $127.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $117.8k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO OWN AND MANAGE REAL ESTATE FOR THE MEMBERS OF THE UTAH ALPHA CHAPTER OF PHI DELTA THETA INCLUDING BEING RESPONSIBLE FOR THE MANAGEMENT, LEASING EQUIPMENT AND FURNISHINGS OF THE CHAPTER HOUSE.
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION MANAGED THE HOUSING FOR THE UTAH ALPHA CHAPTER OF PHI DELTA THETA AND PROVIDED STABILITY TO THE FRATERNITY CHAPTER BY LEASING THE PROPERTY TO MEMBERS, MANAGING THE FINANCES, PLANNING FOR FUTURE HOUSING NEEDS, AND ISOLATING THE RISKS OF PROPERTY OWNERSHIP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
M Scott Mietchen President | 0.5 | $0 | |
Kenneth G Maikowski Secretary/tr | 2 | $0 | |
Kevin R Funkhouser Director | 0.5 | $0 | |
Brandon Riddle Director | 0.5 | $0 | |
Thomas W Mckevitt Director | 0.5 | $0 | |
Ethan Dinunzio Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $40,250 |
Total Program Service Revenue | $87,202 |
Membership dues | $0 |
Investment income | $60 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $127,512 |
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 | $38,123 |
Occupancy, rent, utilities, and maintenance | $66,825 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $9,226 |
Total expenses | $117,804 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $185,195 |
Other assets | $0 |
Total assets | $292,695 |
Total liabilities | $7,919 |
Net assets or fund balances | $284,776 |