Totals
- Total revenue
- $384,026
- Total expenses
- $365,584
- Contributions and grants received
- $170,097
- Grants paid
- $0
- Program service revenue
- $213,775
- Investment income
- $154
- Other revenue
- $0
- Total assets, end of year
- $3,558,098
- Total liabilities, end of year
- $1,358,301
- Net assets or fund balances, end of year
- $2,199,797
- Program services expenses (Part IX)
- $365,584
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 100.0% 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.
-
1f · All other contributions, gifts and grants
$170,097
-
2a · Program service revenue: RENT
total $206,700 · unrelated business $0 · excluded $0
-
2b · Program service revenue: FOUNDERS
total $7,075 · unrelated business $0 · excluded $0
-
3 · Investment income
total $154 · unrelated business $154 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $18,900 · program services $18,900 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $2,000 · program services $2,000 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $1,509 · program services $1,509 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $2,662 · program services $2,662 · management and general $0 · fundraising $0
-
13 · Office expenses
total $87 · program services $87 · management and general $0 · fundraising $0
-
16 · Occupancy
total $101,352 · program services $101,352 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $837 · program services $837 · management and general $0 · fundraising $0
-
20 · Interest
total $56,804 · program services $56,804 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $4,600 · program services $4,600 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $127,146 · program services $127,146 · management and general $0 · fundraising $0
-
23 · Insurance
total $33,731 · program services $33,731 · management and general $0 · fundraising $0
-
24a · Other expenses: MISCELLANEOUS
total $285 · program services $285 · management and general $0 · fundraising $0
-
24b · Other expenses: CAPITAL CAMPAIGN
total $943 · program services $943 · management and general $0 · fundraising $0
-
24c · Other expenses: MEMBER BENEFITS
total $4,728 · program services $4,728 · management and general $0 · fundraising $0
-
24d · Other expenses: SCHOLARSHIPS TO UNDERGRADS
total $10,000 · program services $10,000 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $48,115 · end of year $9,196
-
2 · Savings and temporary cash investments
beginning of year $146,125 · end of year $176,270
-
4 · Accounts receivable
beginning of year $15,616 · end of year $31,351
-
9 · Prepaid expenses and deferred charges
beginning of year $17,714 · end of year $20,394
-
10a · Land, buildings and equipment: cost or other basis
$3,989,437
-
10b · Land, buildings and equipment: accumulated depreciation
$731,446
-
10c · Land, buildings and equipment, net
beginning of year $3,381,108 · end of year $3,257,991
-
15 · Other assets
beginning of year $16,112 · end of year $62,896
-
17 · Accounts payable and accrued expenses
beginning of year $3,095 · end of year $5,157
-
23 · Secured mortgages and notes payable
beginning of year $1,440,340 · end of year $1,353,144
-
31 · Retained earnings, endowment or other funds
beginning of year $2,181,355 · end of year $2,199,797
Mission and programs · 2022
Mission
SEE PART III, LINE 4A
-
TO PROVIDE, OPERATE AND MAINTAIN HOUSING AND OTHER FACILITIES FOR THE USE AND BENEFIT OF MN FARMHOUSE FRATERNITY CHAPTER, ITS MEMBERS AND THEIR GUESTS. ALSO TO AID, FOSTER, AND PROMOTE THE EDUCATION, HEALTH, SAFETY AND GENERAL WELFARE OF THE UNDERGRADUATE MEMBERS OF FARMHOUSE FRATERNITY AT THE UNVERSITY OF MINNESOTA AND THE ESTABLISHMENT AND MAINTENANCE OF THE MN CHAPTER HOUSE OF FARMHOUSE FRATERNITY.
As filed on the 2022 return.
Listed in Part VII
-
Joel ReimanJOEL REIMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Justin SiewertJUSTIN SIEWERT
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Gary SloanGARY SLOAN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Jared FrankeJARED FRANKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kyle O'TooleKYLE O'TOOLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan FossDAN FOSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darrin StrosahlDARRIN STROSAHL
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
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
- 5 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332789349301323
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.