Canonsburg Corporation

Organization Overview

Canonsburg Corporation is located in Grandville, MI. The organization was established in 2008. 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. Canonsburg Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 05/2022, Canonsburg Corporation generated $384.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $541.2k during the year ending 05/2022. While expenses have increased by 14.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO OWN, OPERATE AND MANAGE ANY CHAPTER HOUSE AND PROPERTIES OF THE EPSILON CHAPTER OF THE PHI KAPPA PSI FRATERNITY, TO MANAGE THE ASSETS, TO RAISE FUNDS FOR THE SUPPORT OF SAID CHAPTER THROUGH MEMBERSHIP DONATIONS, FEES, AND FOR ANY LAWFUL PURPOSE OF THE NFP ACT OF 1971

Describe the Organization's Program Activity:

Part 3 - Line 4a

OWN AND OPERATE A BUILDING ON A UNIVERSITY CAMPUS TO PROVIDE HOUSING FOR UNDERGRADUATE MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Jack Kacmar
Board Member
$0
Cody Shumaker
Board Member
$0
Matt Solak
Vice President
$0
Corey Peart
Board Member
$0
Brent Clark
Board Member
$0
Ben Nicol
Secretary
$0

Financial Statements

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$384,290
Investment income $5
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 $384,295

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Canonsburg Corporation has recieved totaling $229,424.

Awarding OrganizationAmount
The Endowment Fund Of The Phi Kappa Psi Fraternity

Indianapolis, IN

PURPOSE: EDUCATIONAL OPERATING GRANTS

$229,424
View Grant Recipient Profile

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