Pi Kappa Alpha Fraternity
- Assets
- $2.4m
- Revenue
- $761.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Baton Rouge, LA
- Founding
- 06/1941
- Data as of
- 06/2023
- EIN
- 72-6027982
Organization Overview
Pi Kappa Alpha Fraternity, operating under the name Alpha Gamma House Corporation, is located in Baton Rouge, LA. The organization was established in 1941. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. As of 06/2023, Alpha Gamma House Corporation employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Alpha Gamma House Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Alpha Gamma House Corporation generated $761.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $722.1k during the year ending 06/2023. While expenses have increased by 8.4% per year over the past 3 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OWN, OPERATE AND MAINTAIN A CHAPTER HOUSE FOR OUR COLLEGE SOCIAL FRATERNAL ORGANIZATION LOCATED AT LOUISIANA STATE UNIVERSITY'S CAMPUS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOUSE CORPORATION PROVIDES MEAL PLANS FOR ALL CHAPTER MEMBERS. WE PROVIDE 5 LUNCHES/WEEK AND 4 DINNERS/WEEK.
THE HOUSE CORPORATION PAYS FOR ALL RENOVATIONS AND REPAIRS TO THE CHAPTER HOUSE FACILITY, AS WELL AS PAYS THE CHAPTER HOUSE INSURANCE AND SALARIES & TAXES OF OUR 2 EMPLOYEES.
THE HOUSE CORPORATION PAYS FOR ALL UTILITIES FOR OUR CHAPTER HOUSE INCLUDING ELECTRICITY, INTERNET, CABLE, CLEANINGS, INSPECTIONS, INSURANCE, ETC
THE HOUSE CORPORATION PAYS THE MORTGAGE FOR THE CHAPTER HOUSE FACILITY ON LSU'S CAMPUS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Adams President | Officer | 5 | $0 |
Brett Bollinger Vice President | Officer | 1 | $0 |
Shawn Lowe Chapter Advisor | Officer | 5 | $0 |
Tommy Smith University Advisor | Officer | 1 | $0 |
Hugh Wall At Large Officer | Officer | 1 | $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 | $761,285 |
| Investment income | $0 |
| 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 | $761,285 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,777 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $29,715 |
| All other expenses | $0 |
| Total functional expenses | $722,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,550 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,400,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,439,550 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,155,265 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,155,265 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $39,550 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,244,735 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,439,550 |