Farm House Fraternity Inc

Organization Overview

Farm House Fraternity Inc is located in Minneapolis, MN. The organization was established in 1977. 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. Farm House 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 06/2022, Farm House Fraternity Inc generated $352.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $367.7k during the year ending 06/2022. While expenses have increased by 28.4% 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

SEE PART III, LINE 4A

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE, OPERATE AND MAINTAIN HOUSING AND OTHER FACILITIES FOR THE USE AND BENEFIT OF MN FARMHOUSE FRATERNITY CHAPTER, ITS MEMBERS AND THEIR GUESTS. ALSO TO AID, FOSTER, AND PROMOTE THE EDUCATION, HEALTH, SAFETY AND GENERAL WELFARE OF THE UNDERGRADUATE MEMBERS OF FARMHOUSE FRATERNITY AT THE UNVERSITY OF MINNESOTA AND THE ESTABLISHMENT AND MAINTENANCE OF THE MN CHAPTER HOUSE OF FARMHOUSE FRATERNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Justin Siewert
Secretary
$0
Joel Reiman
President
$0
Gary Sloan
Treasurer
$0
Kent Horsager
Director
$0
Kyle O'toole
Director
$0
Dan Foss
Director
$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$80,714
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$80,714
Total Program Service Revenue$272,000
Investment income $120
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 $352,834

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Farm House Fraternity Inc has recieved totaling $56,939.

Awarding OrganizationAmount
Farmhouse Foundation

Kansas City, MO

PURPOSE: EDUCATIONAL PORTION OF HOUSING

$56,939
View Grant Recipient Profile

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