Clven National House Corporation
- Assets
- $3.8m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Carmel, IN
- Founding
- 09/2016
- Data as of
- 06/2021
- EIN
- 81-2669741
Organization Overview
Clven National House Corporation is located in Carmel, IN. The organization was established in 2016. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Clven National 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 06/2021, Clven National House Corporation generated $8.5m in total revenue. All expenses for the organization totaled $8.1m during the year ending 06/2021. While expenses have increased by 99.7% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ASSISTANCE TO COLLEGIATE CHAPTERS AND CHAPTER HOUSE CORPORATIONS ASSOCIATED WITH ALPHA SIGMA PHI INTERNATIONAL FRATERNITY FOR HOUSING, LODGING AND OTHER FACILITIES IN CONNECTION WITH EDUCATIONAL ENDEAVORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGEMENT OF HOUSING PROPERTIES WHICH ARE LEASED TO CHAPTERS AND MEMBERS OF ALPHA SIGMA PHI INTERNATIONAL FRATERNITY FOR THE USE AS ROOM AND BOARD, RECREATION, STUDY FACILITIES AND FRATERNAL BROTHERHOOD ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Bullock Grand Counci | OfficerTrustee | 1 | $0 |
Kip Roberts Foundation B | OfficerTrustee | 1 | $0 |
Gordon F Heminger CEO | OfficerTrustee | 1 | $0 |
Matt Humberger VP & COO | OfficerTrustee | 1 | $0 |
Brian Thomas Chair | OfficerTrustee | 1 | $0 |
Evan Geiselhart Director | Trustee | 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 | $8,517,378 |
| Investment income | $10,810 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4,969 |
| 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 | $8,533,157 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,870 |
| 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 | $26,565 |
| Advertising and promotion | $0 |
| Office expenses | $3,040 |
| Information technology | $16,014 |
| Royalties | $0 |
| Occupancy | $6,652,931 |
| Travel | $349 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $88,550 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,759 |
| Insurance | $26,507 |
| All other expenses | $14,579 |
| Total functional expenses | $8,134,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,126,274 |
| Savings and temporary cash investments | $150,014 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $614,190 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $65,482 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,176 |
| Net Land, buildings, and equipment | $1,122,419 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $691,260 |
| Total assets | $3,795,815 |
| Accounts payable and accrued expenses | $259,563 |
| 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 | $989,787 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,010,329 |
| Total liabilities | $3,259,679 |
| Net assets without donor restrictions | $536,136 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,795,815 |
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Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |
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Private Education-Employers Trust St Louis, MO | $386,613 | $11,502,248 |
Northern Illinois University Foundation Dekalb, IL | $169,106,712 | $31,131,654 |
University Of Wisconsin-Eau Claire Foundation Inc Eau Claire, WI | $103,402,476 | $22,599,486 |
Blanche Ebert Seaver Trust For Frank R Seaver College Chicago, IL | $130,613,951 | $5,090,055 |
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