Pi Kappa Alpha Fraternity
- Assets
- $6.4k
- Revenue
- $423.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Seattle, WA
- Founding
- 03/1941
- Data as of
- 06/2023
- EIN
- 91-0365695
Organization Overview
Pi Kappa Alpha Fraternity is located in Seattle, WA. 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. Pi Kappa Alpha Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Pi Kappa Alpha Fraternity generated $423.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $460.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 3 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE HOUSING; MEALS; AND EDUCATIONAL PHILANTHROPIC AND SOCIAL PROGRAMS TO MEMBERS OF THE PI KAPPA ALPHA FRATERNITY AT THE UNIVERSITY OF WASHINGTON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERS OF THE PI KAPPA ALPHA FRATERNITY - BETA BETA CHAPTER ARE GIVEN THE OPPORTUNITY TO LIVE IN FRATERNITY-PROVIDED HOUSING AT A RATER THAT IS LESS EXPENSIVE THAN RENT CHARGED FOR LIVING AT THE RESIDENCE HALLS AT THE UNIVERSITY OF WASHINGTON AS WELL AS MANY OFF-CAMPUS HOUSING OPTIONS SUCH AS APARTMENTS OR RENTAL HOMES. PI KAPPA ALPHA PROVIDED AFFORDABLE HOUSING TO 29 MEMBERS DURING THE ACADEMIC YEAR.
MEMBERS OF THE PI KAPPA ALPHA FRATERNITY - BETA BETA CHAPTER ARE GIVEN THE OPPORTUNITY TO PARTICIPATE IN A MEAL PROGRAM WHERE THEY ARE PROVIDED WITH HOME-COOKED MEALS AT A RATE THAT IS LESS EXPENSIVE THAN THE COST OF MEALS AT THE DINING HALLS AT THE UNIVERSITY OF WASHINGTON AND THAT OF COOKING FOR ONE'S SELF USING THE SAME MEALS FOR PRICE COMPARISON. PI KAPPA ALPHA PROVIDED AFFORDABLE MEALS TO 30 MEMBERS DURING THE ACADEMIC YEAR.
MEMBERS OF THE PI KAPPA ALPHA FRATERNITY - BETA BETA CHAPTER ARE PROVIDED WITH A WIDE RANGE OF EDUCATIONAL PHILANTHROPIC AND SOCIAL ACTIVITIES IN WHICH TO PARTICIPATE. THESE INCLUDE SEVERAL OPPORTUNITIES TO VOLUNTEER TIME TOWARDS NON-PROFIT ORGANIZATIONS IN THE LOCAL COMMUNITY; AS WELL AS PARTICIPATE IN STUDY GROUPS AND ACADEMIC SUPPORT AND MENTORING PROGRAMS LEADERSHIP PROGRAMS AND OTHER PROFESSIONAL DEVELOPMENT PROGRAMS; AND TO INTERACT WITH AND RECEIVE MENTORING FROM ALUMNI AT MEMBER EVENTS AND IN ONE-ON-ONE SESSIONS. PI KAPPA ALPHA PROVIDED EDUCATIONAL PHILANTHROPIC AND SOCIAL ACTIVITIES TO 75 MEMBERS DURING THE ACADEMIC YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shea Holmdahl President | Officer | 25 | $0 |
Phillip Ginsberg Vice President | Officer | 20 | $0 |
Carson Paskill Vice President | Officer | 20 | $0 |
Cole Smidt Treasurer | Officer | 15 | $0 |
Kevin Ranganbay Secretary | Officer | 10 | $0 |
Jackson Baumgardner Sergeant-At-Arms | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,428 |
| 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 | $30,428 |
| Total Program Service Revenue | $401,307 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$8,039 |
| 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 | $423,696 |
| 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 | $39,704 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,471 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,159 |
| 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 | $0 |
| Information technology | $3,555 |
| Royalties | $0 |
| Occupancy | $138,090 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,430 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,125 |
| All other expenses | $0 |
| Total functional expenses | $460,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,228 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,142 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,370 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 | $6,370 |
| Total liabilities and net assets/fund balances | $6,370 |