Form 990 for tax year 2022
Filed by SOCIETY OF BETA SIGMA PSI NATIONAL FRATERNITY.
Totals
- Total revenue
- $273,829
- Total expenses
- $132,152
- Contributions and grants received
- $215,574
- Grants paid
- $3,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $58,255
- Total assets, end of year
- $660,911
- Total liabilities, end of year
- $264,117
- Net assets or fund balances, end of year
- $396,794
- Program services expenses (Part IX)
- $56,974
- Management and general expenses
- $0
- Fundraising expenses
- $75,178
- Program service expenses (Part III)
- $56,974
Program services were 43.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$214,224
-
1b · Membership dues
$1,350
-
6a · Gross rents
real property $58,255
-
6c · Rental income or loss
real property $58,255
-
6d · Net rental income or loss
total $58,255 · related or exempt $58,255
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,000 · program services $3,000
-
4 · Benefits paid to or for members
total $250 · program services $250
-
11e · Fees: professional fundraising services
total $75,178 · fundraising $75,178
-
20 · Interest
total $10,019 · program services $10,019
-
23 · Insurance
total $21,436 · program services $21,436
-
24a · Other expenses: REPAIRS
total $5,458 · program services $5,458
-
24b · Other expenses: PROPERTY TAXES
total $11,212 · program services $11,212
-
24c · Other expenses: UTILITIES
total $4,220 · program services $4,220
-
24d · Other expenses: MISC EXPENSE
total $1,379 · program services $1,379
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $90,558 · end of year $199,142
-
4 · Accounts receivable
beginning of year $52,350 · end of year $60,669
-
10a · Land, buildings and equipment: cost or other basis
$400,000
-
10c · Land, buildings and equipment, net
beginning of year $400,000 · end of year $400,000
-
15 · Other assets
beginning of year $4,981 · end of year $1,100
-
17 · Accounts payable and accrued expenses
beginning of year $19,330 · end of year $11,250
-
23 · Secured mortgages and notes payable
beginning of year $272,842 · end of year $252,267
-
25 · Other liabilities
beginning of year $600 · end of year $600
-
27 · Net assets without donor restrictions
beginning of year $255,117 · end of year $396,794
Mission and programs · 2022
Mission
MAINTAIN AND SUPPLY HOUSING FOR A SOCIAL FRATERNITY
-
MAINTAIN AND SUPPLLY HOUSING FOR A SOCIAL FRATERNITY WITH APPROXIMATELY 20 MEMBERS IN HOUSE
Expenses $56,099 · Revenue $54,780
-
MAINTAIN AND ADMINISTER REVENUE FROM BACK APARTMENTS FOR BENEFIT OF SOCIAL FRATERNITY
Expenses $875 · Revenue $4,825
-
ADMINISTER NEWSLETTER FOR SOCIAL FRATERNITY
As filed on the 2022 return.
Listed in Part VII
-
Tony ZehnleTONY ZEHNLE
PROPERTY MANAGER
- Total calculated
- $0
- Hours/week
- 1
-
Steve PiedimonteSTEVE PIEDIMONTE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Tim WeinstockTIM WEINSTOCK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 23 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333139349301248
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