Kansas Alpha Alumni Corp
- Assets
- $317.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olathe, KS
- Founding
- 08/1951
- Data as of
- 06/2022
- EIN
- 48-6119383
Organization Overview
Kansas Alpha Alumni Corp is located in Olathe, KS. The organization was established in 1951. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. Kansas Alpha Alumni Corp is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2022, Kansas Alpha Alumni Corp generated $100.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $105.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
TO HOLD TITLE TO THE FRATERNITY HOUSING FACILITY LOCATED AT BAKER UNIVERSITY IN BALDWIN CITY, KS. COLLECTION OF RENTAL INCOME INCLUDING PASS-THROUGH COSTS IS PRIMARILY TO ENSURE THE MORTGAGE, INSURANCE, UTILITIES, REPAIRS AND PROPERTY TAX ARE PAID FOR TIMELY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale Werts Director | 2 | $0 | |
Scott Rogers Director | 3 | $0 | |
Tim Laughlin President | 5 | $0 | |
Owen Lewis Outgoing Treasurer | 5 | $0 | |
Dillon Prokop Secretary | 2 | $0 | |
Forrest Cook Incoming Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,563 |
| Total Program Service Revenue | $97,051 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $267 |
| Total Revenue | $100,881 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $545 |
| Occupancy, rent, utilities, and maintenance | $99,222 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,990 |
| Total expenses | $105,757 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,112 |
| Other assets | $0 |
| Total assets | $317,454 |
| Total liabilities | $283,719 |
| Net assets or fund balances | $33,735 |