Totals
- Total revenue
- $192,136
- Total expenses
- $240,896
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $185,000
- Investment income
- $7,136
- Other revenue
- $0
- Total assets, end of year
- $1,384,728
- Total liabilities, end of year
- $859,862
- Net assets or fund balances, end of year
- $524,866
- Program services expenses (Part IX)
- $238,397
- Management and general expenses
- $2,399
- Fundraising expenses
- $100
- Program service expenses (Part III)
- $238,397
Program services were 99.0% 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.
-
2a · Program service revenue: MEMBERSHIP DUES & ASSES
total $185,000 · related or exempt $185,000
-
3 · Investment income
total $7,136 · related or exempt $7,136
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
17 · Travel
total $450 · program services $450
-
20 · Interest
total $42,153 · program services $42,153
-
22 · Depreciation, depletion and amortization
total $72,461 · program services $72,461
-
23 · Insurance
total $36,640 · program services $36,490 · management and general $150
-
24a · Other expenses: REAL ESTATE TAXES
total $23,062 · program services $23,062
-
24b · Other expenses: HOUSE REPAIRSMAINTENANCE
total $54,003 · program services $54,003
-
24c · Other expenses: ALUMNI EVENTS AND MEMORIALS
total $5,553 · program services $5,453 · fundraising $100
-
24d · Other expenses: LEGAL & PROFESSIONAL
total $3,305 · program services $3,305
-
24e · All other expenses
total $3,269 · program services $1,020 · management and general $2,249
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $39,008 · end of year $18,616
-
2 · Savings and temporary cash investments
beginning of year $172,340 · end of year $179,447
-
9 · Prepaid expenses and deferred charges
beginning of year $7,608 · end of year $7,408
-
10a · Land, buildings and equipment: cost or other basis
$1,968,152
-
10b · Land, buildings and equipment: accumulated depreciation
$788,895
-
10c · Land, buildings and equipment, net
beginning of year $1,251,718 · end of year $1,179,257
-
17 · Accounts payable and accrued expenses
beginning of year $16,966 · end of year $27,655
-
23 · Secured mortgages and notes payable
beginning of year $877,755 · end of year $832,118
-
25 · Other liabilities
beginning of year $1,119 · end of year $89
-
27 · Net assets without donor restrictions
beginning of year $574,834 · end of year $524,866
Mission and programs · 2024
Mission
TO PROVIDE HOUSING FOR THE SOUTH DAKOTA STATE UNIVERSITY CHAPTER OF FARMHOUSE FRATERNITY, TO PROVIDE SOCIAL EVENTS FOR CHAPTER ALUMNI, AND TO PROVIDE GUIDANCE TO THE UNDERGRADUATE CHAPTER.
-
TO PROVIDED HOUSING FOR THE SOUTH DAKOTA STATE UNIVERSITY CHAPTER OF FARMHOUSE FRATERNITY, TO PROVIDE SOCIAL EVENTS FOR CHAPTER ALUMNI; AND PROVIDE GUIDANCE TO THE UNDERGRADUATE CHAPTER.
Expenses $238,397
As filed on the 2024 return.
Listed in Part VII
-
Craig DybedahlCRAIG DYBEDAHL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Luke WeberLUKE WEBER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim WollesTIM WOLLES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ethan JohnsonETHAN JOHNSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Matt DahleMATT DAHLE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy NoemJEREMY NOEM
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alan MeierALAN MEIER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Logan TeschLOGAN TESCH
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Craig WeberCRAIG WEBER
TREASURER
- Total calculated
- $0
- Hours/week
- 3
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
- 2024
- Filed
- 15 January 2026
- IRS schema version
- 2024v5.2
- Source object
- 202600299349302105
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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