Triangle Fraternal Corporation is located in Valley Village, CA. The organization was established in 1959. 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. Triangle Fraternal Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 08/2023, Triangle Fraternal Corporation generated $111.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.5% each year . All expenses for the organization totaled $108.3k during the year ending 08/2023. While expenses have increased by 17.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 Program Activity:
Part 3
OWNED A HOUSE PAID THE MAJOR MAINTENANCE AND INSURANCE CONDUCTED A RENOVATION AND RENTED IT AT A BREAK EVEN RATE TO TRIANGLE FRATERNITY UCLA CHAPTER A 501C7 EXEMPT ORGANIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Bachman President | 5 | $0 | |
Brian Ewing Vice President | 2 | $0 | |
Shon Encinas Secretary | 1 | $0 | |
Richard Keller Treasurer | 5 | $0 | |
Benjamin Pagliuso Assistant Treasurer | 1 | $0 | |
Tim Cyr Director-At-Large | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $110,000 |
Membership dues | $1,400 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $111,400 |
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 | $1,500 |
Occupancy, rent, utilities, and maintenance | $99,900 |
Printing, publications, postage, and shipping | $804 |
Other expenses | $6,144 |
Total expenses | $108,348 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $35,582 |
Other assets | $0 |
Total assets | $253,991 |
Total liabilities | $121,400 |
Net assets or fund balances | $132,591 |