Canonsburg Corporation is located in Spencer, IA. 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 10/2019, Canonsburg Corporation generated $712.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (66.3%) each year. All expenses for the organization totaled $15.9k during the year ending 10/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL, SOCIAL AND CULTURAL OPPORTUNITIES TO MEMBERS OF THE PHI KAPPA PSI FRATERNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Murnan President | 1 | $0 | |
Mark Jacobs Vice President | 1 | $0 | |
Steve Drucker Treasurer | 1 | $0 | |
Rick Pallat Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $712 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $712 |
Statement of Expenses | |
---|---|
Total expenses | $15,933 |
Balance Sheet | |
---|---|
Total assets | $180,915 |
Total liabilities | $0 |
Net assets or fund balances | $180,915 |
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