Tau Kappa Epsilon Fraternity Inc is located in Newark, DE. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tau Kappa Epsilon Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2024, Tau Kappa Epsilon Fraternity Inc generated $71.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 50.3% each year . All expenses for the organization totaled $85.0k during the year ending 05/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
SOCIAL, FRATERNAL, PHILANTHROPIC, EDUCATIONAL, AND ATHLETIC ACTIVITIES OF THE FRATERNITY MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Nathan Board Of Advisors Chairman | 4 | $0 | |
David Pierce Board Of Advisors Vice Chairman | 1 | $0 | |
Terry Parker Board Of Advisors Secretary | 4 | $0 | |
Michael Forman Board Of Advisors Treasurer | 4 | $0 | |
Tom Chellew Chapter Advisor | 5 | $0 | |
Josh Clayton Alumni Association Vice President | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $485 |
| Total Program Service Revenue | $0 |
| Membership dues | $67,495 |
| Investment income | $3,513 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,493 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $85,010 |
| Total expenses | $85,010 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $222,095 |
| Other assets | $0 |
| Total assets | $222,095 |
| Total liabilities | $0 |
| Net assets or fund balances | $222,095 |