Zeta Tau Alpha Fraternity
- Assets
- $14.3m
- Revenue
- $51.4m
- Investments
- $0.0
- Employees
- 416
- Location
- Carmel, IN
- Founding
- 05/1941
- Data as of
- 07/2019
- EIN
- 23-7161479
Organization Overview
Zeta Tau Alpha Fraternity is located in Carmel, IN. The organization was established in 1941. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 07/2019, Zeta Tau Alpha Fraternity employed 416 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.
For the year ending 07/2019, Zeta Tau Alpha Fraternity generated $51.4m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $50.5m during the year ending 07/2019. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
ZETA TAU ALPHA FRATERNITY WAS ORGANIZED TO ESTABLISH AND MAINTAIN FRATERNITY CHAPTERS INTERNATIONALLY. THE FRATERNITY MAINTAINS BOTH COLLEGIATE AND ALUMNAE CHAPTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ZETA TAU ALPHA FRATERNITY WAS ORGANIZED TO ESTABLISH AND MAINTAIN FRATERNITY CHAPTERS INTERNATIONALLY. THE FRATERNITY MAINTAINS BOTH COLLEGIATE AND ALUMNAE CHAPTERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raechel Bennett Biggs VP - Collegiate | OfficerTrustee | 15 | $0 |
Alicia Williams National President | OfficerTrustee | 15 | $0 |
Shannon Ferguson VP - Collegiate | OfficerTrustee | 15 | $0 |
Franlyna Barrett Charles National Secretary/treasurer | OfficerTrustee | 15 | $0 |
Dana Brasington Atkinson VP - Alumnae | OfficerTrustee | 15 | $0 |
Cheri White Armstrong VP - Alumnae | OfficerTrustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,873 |
| Investment income | $4,065 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $360,035 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$23,840 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,399,517 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $3,260,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $204,800 |
| Payroll taxes | $373,513 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $208,518 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,282 |
| Office expenses | $114,612 |
| Information technology | $267 |
| Royalties | $0 |
| Occupancy | $15,944,662 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $769,690 |
| Interest | $0 |
| Payments to affiliates | $6,702,813 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $50,519,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,691,048 |
| Savings and temporary cash investments | $827,807 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $595,621 |
| 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 | $123,988 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,251,815 |
| Accounts payable and accrued expenses | $123,988 |
| Grants payable | $0 |
| Deferred revenue | $595,621 |
| 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 | $11,723 |
| Other liabilities | $633,684 |
| Total liabilities | $1,365,016 |
| Net assets without donor restrictions | $12,886,799 |
| 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 |
| Total liabilities and net assets/fund balances | $12,886,799 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Zeta Tau Alpha Fraternity Carmel, IN | $14,251,815 | $51,399,517 |
University Club Of Chicago Chicago, IL | $44,253,518 | $26,663,941 |
Union League Club Of Chicago Chicago, IL | $29,800,289 | $24,406,580 |
Medinah Country Club Medinah, IL | $53,552,819 | $21,574,774 |
Missouri Athletic Club St Louis, MO | $21,212,485 | $16,069,416 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $24,678,296 | $15,759,297 |
Butterfield Country Club Oak Brook, IL | $39,580,450 | $12,203,562 |
Bellerive Country Club Saint Louis, MO | $18,159,234 | $13,165,176 |
Westmoreland Country Club Wilmette, IL | $30,018,412 | $12,450,535 |
Old Warson Country Club St Louis, MO | $24,430,933 | $10,008,254 |
Skokie Country Club Glencoe, IL | $24,799,998 | $9,703,888 |
St Louis Country Club Saint Louis, MO | $18,969,118 | $14,953,216 |