Delta Tau Delta Fraternity
- Assets
- $23.7k
- Revenue
- $254.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Vermillion, SD
- Founding
- 09/1940
- Data as of
- 06/2021
- EIN
- 31-0925845
Organization Overview
Delta Tau Delta Fraternity is located in Vermillion, SD. The organization was established in 1940. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Delta Tau Delta 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, Delta Tau Delta Fraternity generated $254.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $256.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SHOW LEADERSHIP AMONG THE FRATERNITY WORLD, ALWAYS STRIVING FOR EXCELLENCE IN ACADEMICS, PHILANTHROPY, FINANCIAL STABILITY, PERSONAL ACCOUNTABILITY AND BROTHERHOOD, THUS HELPING EACH DELTA ACHIEVE A LIFE OF EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATIONS ANNUAL REVENUE WAS USED TO ENHANCE AND MAINTAIN THE EDUCATIONAL AND SOCIAL EXPERIENCES OF ALL OF ITS MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zach Allender Secretary | OfficerTrustee | 1 | $0 |
Patrick Carney President | OfficerTrustee | 5 | $0 |
Broderick Alvarez Treasurer | OfficerTrustee | 5 | $0 |
Noah Reeves Academic Cha | OfficerTrustee | 1 | $0 |
Kenley Lamberty Vice Preside | OfficerTrustee | 3 | $0 |
Brandon Fauth Sergeant Of | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,324 |
| Investment income | $0 |
| 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 | $254,241 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $440 |
| Advertising and promotion | $0 |
| Office expenses | $1,788 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $175,367 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $256,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,744 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,744 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $23,744 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alumni Association University Of Nebraska Lincoln, NE | $18,158,198 | $3,537,579 |
Sigma Phi Epsilon Foundation In Nebraska Inc Lincoln, NE | $4,553,934 | $970,576 |
Alpha Gamma Rho Fraternity Lincoln, NE | $134,547 | $784,798 |
Sigma Lambda Gamma National Sorority Inc Iowa City, IA | $363,211 | $683,914 |
Farm House Fraternity Inc Lincoln, NE | $93,483 | $739,181 |
Delta Tau Delta Fraternity Ames, IA | $14,265 | $764,487 |
Gamma Phi Beta Sorority Inc Lincoln, NE | $183,811 | $742,634 |
Beta Theta Pi Fraternity Lincoln, NE | $103,109 | $654,494 |
Peo Sisterhood International Chapter Des Moines, IA | $1,163,643 | $728,682 |
Farm House Fraternity Inc Ames, IA | $86,673 | $644,568 |
Alpha Tau Omega Fraternity Lincoln, NE | $3,127,246 | $677,415 |
Gamma Phi Beta Sorority Inc Lincoln, NE | $2,936,073 | $601,651 |