Kappa Iota House Corporation Of Phi Mu Fraternity
- Assets
- $325.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Natchitoches, LA
- Founding
- 06/1986
- Data as of
- 10/2023
- EIN
- 72-1049916
Organization Overview
Kappa Iota House Corporation Of Phi Mu Fraternity is located in Natchitoches, LA. The organization was established in 1986. 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. Kappa Iota House Corporation Of Phi Mu Fraternity 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 10/2023, Kappa Iota House Corporation Of Phi Mu Fraternity generated $23.2k 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 (9.1%) each year. All expenses for the organization totaled $35.8k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (0.9%) 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE AND MAINTAIN A SUITABLE COLLEGIATE HOME FOR MEMBERS OF KAPPA IOTA CHAPTER OF PHI MU FRATERNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Lasyone President | 0 | $0 | |
Cathy Seymour Vice Preside | 0 | $0 | |
Jennifer Kelly Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $23,219 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,219 |
| 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 | $325 |
| Occupancy, rent, utilities, and maintenance | $35,479 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $35,804 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,465 |
| Other assets | $0 |
| Total assets | $325,645 |
| Total liabilities | $36,927 |
| Net assets or fund balances | $288,718 |