Form 990 for tax year 2023
Filed by HOUSE CORPORATION OF PHI GAMMA DELTA-RENSSELAER POLYTECHNIC INST.
Totals
- Total revenue
- $193,739
- Total expenses
- $151,880
- Contributions and grants received
- $56,091
- Grants paid
- $0
- Program service revenue
- $135,444
- Investment income
- $2,204
- Other revenue
- $0
- Total assets, end of year
- $1,334,677
- Total liabilities, end of year
- $665,423
- Net assets or fund balances, end of year
- $669,254
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $151,880
Program services were 0.0% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$56,091
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Rental Income from Members
total $127,455 · related or exempt $127,455 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $7,989 · related or exempt $7,989 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,204 · related or exempt $2,204 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $425
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $138,249
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $5,377
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: NYS Income Tax
total $250
-
24b · Other expenses: Income Tax Filing service
total $41
-
24c · Other expenses: Renovations and Improvements
total $7,538
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $15,495 · end of year $59,136
-
2 · Savings and temporary cash investments
beginning of year $78,284 · end of year $55,181
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $360 · end of year $360
-
10a · Land, buildings and equipment: cost or other basis
$1,220,000
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $1,220,000 · end of year $1,220,000
-
23 · Secured mortgages and notes payable
beginning of year $687,037 · end of year $665,423
-
27 · Net assets without donor restrictions
beginning of year $627,102 · end of year $669,254
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
To organize and maintain an undergraduate fraternity of students at Rensselaer Polytechnic Institute. To buy and sell real property as necessary for a fraternity house; to rent or lease such real property as necessary for a fraternity house. To hire or retain such personnel as necessary for the purpose of running, organizing and maintaining a fraternity such as an attorney, an accountant, cooks, maintenance men and any other personnel that may be needed according to the executive officers of the fraternity. To maintain and operate a portion of the fraternity house as educational space. To form a group of Phi Gamma Delta brothers from various other colleges and universities throughout the United States of America to serve as a Board of Chapter Advisors; to promote the brotherhood of the National Fraternity of Phi Gamma Delta; and to operate a Phi Gamma Delta chapter at Rensselaer Polytechnic Institute.
Activities or mission (Part I)
To organize and maintain an undergraduate fraternity of students at Rensselaer Polytechnic Institute. To buy and sell real property as necessary for a fraternity house; to rent or lease such real property as necessary for a fraternity house. To hire or retain such personnel as necessary for the purpose of running, organizing and maintaining a fraternity such as an attorney, an accountant, cooks, maintenance men and any other personnel that may be needed according to the executive officers of the fraternity. To maintain and operate a portion of the fraternity house as educational space. To form a group of Phi Gamma Delta brothers from various other colleges and universities through out the United States of America to serve as a Board of Chapter Advisors; to promote the brotherhood of the National Fraternity of Phi Gamma Delta and to operate a Phi Gamma Delta at Rensselaer Polytechnic Institute.
-
The fraternity house was occupied as campus housing for member students attending Rensselaer Polytechnic Institute.
Expenses $138,249 · Revenue $127,455
-
Renovations and Improvements to the property.
Expenses $7,538 · Revenue $56,091
-
Member meeting and presentation in order to update members and ask for new contributions.
Expenses $5,377 · Revenue $7,989
-
Maintain bank accounts, pay and file taxes. Investment income is intended for maintenance and operation of our educational space.
Expenses $716 · Revenue $2,204
As filed on the 2023 return.
Listed in Part VII
-
Keith Downes
President
- Total calculated
- $0
- Hours/week
- 5
-
Andrew Volent
Vice President
- Total calculated
- $0
- Hours/week
- 5
-
David Camerota
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Connor Rhoads
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Paul Meixner
Director
- Total calculated
- $0
- Hours/week
- 4
-
James Pietrangelo
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mark Herrmann
Director
- Total calculated
- $0
- Hours/week
- 3
-
Andy Linn
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tim Tse
Director
- 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
- 2023
- Filed
- 16 August 2024
- IRS schema version
- 2023v5.0
- Source object
- 202412279349302521
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