The Interfraternity Council Of Indiana University Inc is located in Bloomington, IN. 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. Interfraternity Council Of Indiana University Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2023, Interfraternity Council Of Indiana University Inc generated $165.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $127.6k during the year ending 05/2023. While expenses have increased by 1.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IT WILL ALSO STRIVE TO FOSTER A GREATER LEVEL OF COMMUNICATION, COOPERATION, AND ACHIEVEMENT FOR THE GREEK COMMUNITY WITH THE LARGER UNIVERSITY COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Robinson Treasurer | 5 | $0 | |
Conor Kennedy President | 0 | $0 | |
Max Berkowitz Communications | 0 | $0 | |
Henry Carlson Philanthropy | 0 | $0 | |
Sam Storey Member Developm | 0 | $0 | |
Jack Kustner Recruitment | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $165,172 |
| Investment income | $59 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,231 |
| 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 | $1,508 |
| Occupancy, rent, utilities, and maintenance | $1,919 |
| Printing, publications, postage, and shipping | $233 |
| Other expenses | $123,930 |
| Total expenses | $127,590 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,219 |
| Other assets | $0 |
| Total assets | $153,219 |
| Total liabilities | $0 |
| Net assets or fund balances | $153,219 |