Iota Delta Of Pi Kappa Alpha Housing Corporation is located in Columbus, IN. The organization was established in 1989. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Iota Delta Of Pi Kappa Alpha Housing Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Iota Delta Of Pi Kappa Alpha Housing Corporation generated $232.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $288.6k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MANAGEMENT AND MORTGAGE RESPONSIBILITY FOR THE BUILDINGS USED BY THE IOTA DELTA CHAPTER OF PI KAPPA ALPHA FRATERNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUM OF MORTGAGE EXPENSES
PER PART III 4D: REMAINDER OF EXPENSES [CODE](EXPENSENAME){EXPENSE}: [32](LEGAL){0.00} [33](INSURANCE){25270.35} [41](TELEPHONE){1026.58} [42](WATER){8294.65} [43](SEWER){7524.88} [44](GAS){10665.06} [45](ELECTRIC){32125.87} [46](CABLETV&INTERNET){3122.57} [47](GARBAGE&RECYCLING){4875.61} [48](FIREMAINTENANCE){4458.01} [49](ALARM){2024.13} [51](SUPPLIES){11994.33} [53](REPAIRS){6461.49} [61](FURNISHINGS){0.00} [71](OFFICE){212.57} [79](OTHEREXPENSE){0.00}
SUM OF MAINTENANCE EXPENSES
SUM OF IMPROVEMENT EXPENSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Cirocco President | Officer | 4 | $0 |
Elliot Bochnowski Vice President | Officer | 4 | $0 |
Eric Schue Treasurer | Officer | 4 | $0 |
Jon Kellerman Secretary | Officer | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $223,825 |
Investment income | $373 |
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 | $232,180 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $213 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $158,112 |
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 | $25,270 |
All other expenses | $0 |
Total functional expenses | $288,624 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $315,120 |
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 | $298,915 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,297,768 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | -$4 |
Total assets | $1,911,799 |
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 | $298,915 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $298,915 |
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 | $1,297,764 |
Retained earnings, endowment, accumulated income, or other funds | $315,120 |
Total liabilities and net assets/fund balances | $1,911,799 |