Totals
- Total revenue
- $63,980
- Total expenses
- $10,009
- Contributions and grants received
- $34,684
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $235
- Other revenue
- $29,061
- Total assets, end of year
- $583,587
- Total liabilities, end of year
- $390,433
- Net assets or fund balances, end of year
- $193,154
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
1b · Membership dues
$25,738
-
1f · All other contributions, gifts and grants
$8,946
-
3 · Investment income
total $235 · excluded $235
-
6a · Gross rents
real property $100,000
-
6b · Less rental expenses
real property $70,939
-
6c · Rental income or loss
real property $29,061
-
6d · Net rental income or loss
total $29,061 · related or exempt $29,061
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $500
-
11g · Fees: other
total $206
-
12 · Advertising and promotion
total $29
-
14 · Information technology
total $466
-
19 · Conferences, conventions and meetings
total $1,561
-
24a · Other expenses: CHAIRS FOR HOUSE
total $2,753
-
24b · Other expenses: LATE FILING PENALTIES
total $2,420
-
24c · Other expenses: OTHER EXPENSE
total $1,303
-
24d · Other expenses: STATE FILING FEES
total $582
-
24e · All other expenses
total $189
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $379,130 · end of year $393,890
-
10a · Land, buildings and equipment: cost or other basis
$189,697
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $189,697 · end of year $189,697
-
25 · Other liabilities
beginning of year $426,867 · end of year $390,433
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $141,960 · end of year $193,154
Mission and programs · 2022
Mission
OUR MISSION IS TO PROVIDE ADVICE AND ASSISTANCE TO CURRENT UNDERGRADUATE MEMBERS OF TAU EPSILON PHI, XI CHAPTER,IN MAINTAINING THEIR HOUSE BOTH SOCIALLY AND PHYSICALLY, AND TO SERVE AS A LIAISON BETWEEN THE FRATERNITY AND THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY.
-
PROVIDE ADVICE AND ASSISTANCE TO CURRENT UNDERGRADUATE MEMBERS OF TAU EPSILON PHI, XI CHAPTER, IN MAINTAINING THEIR HOUSE BOTH SOCIALLY AND PHYSICALLY.
-
ORGANIZE COMMUNITY EVENTS FOR ALUMNI. MAINTAIN WEBSITE AND SEND PERIODIC NEWSLETTER.
-
COMMUNICATE WITH MIT ABOUT ISSUES RELEVANT TO TAU EPSILON PHI, XI CHAPTER.
As filed on the 2022 return.
Listed in Part VII
-
G DEL MERRITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DANIEL TAUB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
ANDREW W SUDBURY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
NICHOLAS ELIAS MATSAKIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
NICHOLAS DEMETRIOS MATSAKIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
IAN COLLIER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
ERIC JEPSEN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
SYDNEY GIBSON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
SHERVIN FATEHI
CLERK
- 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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
TEP HOUSE LLC
REAL ESTATE · MA · income $100,000 · assets $339,932
Directly controlled by ALUMNI ASSOCIATION OF TEP INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440459349300229
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