Cornell Delta Phi Association is located in Ithaca, NY. Cornell Delta Phi Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Cornell Delta Phi Association generated $420.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $354.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ROOM, BOARD AND FELLOWSHIP TO MEMBERS OF COLLEGE FRATERNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ROOM AND BOARD TO MEMBERS OF A COLLEGE FRATERNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Derick Edinger President | OfficerTrustee | 1 | $0 |
Ross Gottesman Vice President | OfficerTrustee | 1 | $0 |
Richard Alex Latella Treasurer | OfficerTrustee | 1 | $0 |
Alexander Franco Secretary | OfficerTrustee | 1 | $0 |
Ian Wright Trustee | Trustee | 1 | $0 |
Brent Gottesman Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $5,450 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $384,066 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $389,516 |
Total Program Service Revenue | $30,858 |
Investment income | $28 |
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 | $420,402 |
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 | $40 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $945 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $300 |
Fees for services: Other | $528 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $700 |
Royalties | $0 |
Occupancy | $195,455 |
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 | $68,962 |
Insurance | $0 |
All other expenses | $18,855 |
Total functional expenses | $354,857 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $52,664 |
Savings and temporary cash investments | $50,000 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,963 |
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 | $29,374 |
Net Land, buildings, and equipment | $1,368,285 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,100 |
Total assets | $1,508,386 |
Accounts payable and accrued expenses | $15,152 |
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 | $17,000 |
Total liabilities | $32,152 |
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 | $1,476,234 |
Total liabilities and net assets/fund balances | $1,508,386 |
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Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
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