Phi Mu Delta National Fraternity
- Assets
- $109.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Cherry Hill, NJ
- Founding
- Data as of
- 06/2021
- EIN
- 23-2365050
Organization Overview
Phi Mu Delta National Fraternity is located in Cherry Hill, NJ. As of 06/2021, Phi Mu Delta National Fraternity employed 3 individuals. Phi Mu Delta National Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2021, Phi Mu Delta National Fraternity generated $162.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $125.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE FRATERNITY PROVIDES CHAPTER SERVICES AND LEADERSHIP EDUCATION TO ITS MEMBERS, INCLUDING REGULAR STAFF VISITS, PUBLICATIONS, RESOURCES AND PROGRAMS. THE FRATERNITY PROVIDES OVERSIGHT AND GUIDANCE. CONVENTIONS AND THE SAPPHIRE LEADERSHIP INSTITUTE ARE HELD BIENNIALLY, AND THE OFFICERS' ACADEMY AND A VARIETY OF OTHER LEADERSHIP PROGRAMS ARE HELD ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas A Murphy Executive Director | 40 | $45,000 | |
Lewis Land Member-At-Large | 5 | $0 | |
Michael Doran Member-At-Large | 5 | $0 | |
William T Foran President | 5 | $0 | |
Phillip Morin Member-At-Large | 5 | $0 | |
Ryan Grogan Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $162,201 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $162,201 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $24,414 |
| Printing, publications, postage, and shipping | $3,184 |
| Other expenses | $53,198 |
| Total expenses | $125,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,318 |
| Other assets | $0 |
| Total assets | $109,318 |
| Total liabilities | $23,519 |
| Net assets or fund balances | $85,799 |
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