Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $568,204

• 1f · All other contributions, gifts and grants

  $421,781

• 2a · Program service revenue: CAMPUS SUPPORT

  total $902,947 · related or exempt $902,947

• 2b · Program service revenue: AFFINITY CO-OP AND SPO

  total $152,125 · related or exempt $152,125

• 2c · Program service revenue: MEETING AND CONFERENCE

  total $47,318 · related or exempt $47,318

• 2d · Program service revenue: FRATERNAL GROWTH ACCEL

  total $20,580 · related or exempt $20,580

• 3 · Investment income

  total $84,224 · excluded $84,224

• 5 · Royalties

  total $27,605 · excluded $27,605

• 7a · Gross sales of assets other than inventory

  securities $55,660

• 7b · Less cost or other basis and sales expenses

  securities $0

• 7c · Gain or loss

  securities $55,660

• 7d · Net gain or loss

  total $55,660 · excluded $55,660

• 11a · Other revenue: OTHER INCOME

  total $154 · excluded $154

• 11e · Other revenue, total

  $154

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $13,567 · program services $13,567

• 5 · Compensation of officers, directors and key employees

  total $780,327 · program services $647,626 · management and general $90,762 · fundraising $41,939

• 7 · Other salaries and wages

  total $583,446 · program services $484,227 · management and general $67,862 · fundraising $31,357

• 11b · Fees: legal

  total $8,278 · program services $7,296 · management and general $982

• 11c · Fees: accounting

  total $19,886 · program services $17,526 · management and general $2,360

• 11d · Fees: lobbying

  total $125,000 · program services $110,168 · management and general $14,832

• 11f · Fees: investment management

  total $125 · management and general $125

• 11g · Fees: other

  total $156,567 · program services $137,989 · management and general $18,578

• 13 · Office expenses

  total $35,115 · program services $31,254 · management and general $3,634 · fundraising $227

• 14 · Information technology

  total $105,439 · program services $50,324 · management and general $46,474 · fundraising $8,641

• 19 · Conferences, conventions and meetings

  total $171,090 · program services $135,385 · management and general $28,155 · fundraising $7,550

• 20 · Interest

  total $4,649 · management and general $4,649

• 23 · Insurance

  total $170,123 · program services $155,561 · management and general $14,562

• 24a · Other expenses: OTHER

  total $33,614 · program services $22,710 · management and general $10,904

• 24b · Other expenses: BAD DEBT

  total $31,474 · program services $31,474

• 24c · Other expenses: TELECOMMUNICATIONS TECH

  total $16,971 · program services $11,294 · management and general $5,672 · fundraising $5

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $508,990 · end of year $194,094

• 2 · Savings and temporary cash investments

  end of year $423,197

• 4 · Accounts receivable

  beginning of year $773,682 · end of year $391,669

• 9 · Prepaid expenses and deferred charges

  beginning of year $88,055 · end of year $65,688

• 11 · Investments: publicly traded securities

  beginning of year $1,411,867 · end of year $1,645,439

• 15 · Other assets

  beginning of year $102,188 · end of year $244,780

• 17 · Accounts payable and accrued expenses

  beginning of year $78,017 · end of year $70,160

• 19 · Deferred revenue

  beginning of year $87,930 · end of year $43,125

• 23 · Secured mortgages and notes payable

  beginning of year $157,696 · end of year $154,012

• 25 · Other liabilities

  beginning of year $104,700 · end of year $67,742

• 27 · Net assets without donor restrictions

  beginning of year $2,456,439 · end of year $2,629,828

The filer's explanations (Part III)

PART I, LINE 3:

JUDSON HORRAS IS COMPENSATED BY A RELATED ENTITY, CENTER FOR FRATERNAL EXCELLENCE, FOR WORK PERFORMED FOR NORTH AMERICAN INTERFRATERNITY CONFERENCE. HE RECEIVED $264,438 FOR THE FISCAL YEAR FOR SERVICES TO THIS ORGANIZATION.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• WORKS INC

  C · PROFESSIONAL EMPLOYER ORGANIZATION · IN · share of income -$12,333 · share of assets $1,456 · controlled entity

  Directly controlled by CENTER FOR FRATERNAL EXCELLENCE INC

• CENTER FOR FRATERNAL EXCELLENCE INC

  C · NETWORKING · IN · 100% owned · share of income $1,312,206 · share of assets $398,489 · controlled entity

  Directly controlled by NORTH-AMERICAN INTERFRATERNITY CONFERENCE INC