Totals
- Total revenue
- $2,044,965
- Total expenses
- $2,373,669
- Contributions and grants received
- $388,350
- Grants paid
- $104,000
- Program service revenue
- $1,523,635
- Investment income
- $73,014
- Other revenue
- $59,966
- Total assets, end of year
- $4,183,082
- Total liabilities, end of year
- $1,471,344
- Net assets or fund balances, end of year
- $2,711,738
- 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.
-
1d · Related organizations
$287,100
-
1f · All other contributions, gifts and grants
$101,250
-
2a · Program service revenue: SEMI ANNUAL DUES
total $550,610 · related or exempt $550,610
-
2b · Program service revenue: RISK MANAGEMENT FEES
total $506,660 · related or exempt $506,660
-
2c · Program service revenue: MEMBERSHIP FEES
total $286,996 · related or exempt $286,996
-
2d · Program service revenue: CONVENTION FEES
total $179,369 · related or exempt $179,369
-
3 · Investment income
total $86,606 · unrelated business $86,606
-
5 · Royalties
total $34,147 · excluded $34,147
-
7a · Gross sales of assets other than inventory
securities $1,255,824
-
7b · Less cost or other basis and sales expenses
securities $1,269,416
-
7c · Gain or loss
securities -$13,592
-
7d · Net gain or loss
total -$13,592 · unrelated business -$13,592
-
10a · Gross sales of inventory
$54,196
-
10b · Cost of goods sold
$28,430
-
10c · Net income from sales of inventory
total $25,766 · related or exempt $25,766
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $53 · excluded $53
-
11e · Other revenue, total
$53
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $104,000
-
5 · Compensation of officers, directors and key employees
total $482,756
-
7 · Other salaries and wages
total $354,575
-
8 · Pension plan contributions
total $42,388
-
9 · Other employee benefits
total $71,565
-
10 · Payroll taxes
total $75,301
-
11b · Fees: legal
total $3,602
-
11c · Fees: accounting
total $104,908
-
12 · Advertising and promotion
total $81,289
-
13 · Office expenses
total -$5,846
-
14 · Information technology
total $43,474
-
16 · Occupancy
total $57,300
-
17 · Travel
total $87,585
-
19 · Conferences, conventions and meetings
total $390,900
-
20 · Interest
total $4,201
-
22 · Depreciation, depletion and amortization
total $7,266
-
23 · Insurance
total $299,625
-
24a · Other expenses: BAD DABT EXPENSE
total $97,765
-
24b · Other expenses: ASSOCIATION EXPENSES
total $59,937
-
24c · Other expenses: CHAPTER PLANNING
total $37,113
-
24d · Other expenses: STAFF DEVELOPMENT
total $1,069
-
24e · All other expenses
total -$27,104
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $127,456 · end of year $166,280
-
4 · Accounts receivable
beginning of year $206,541 · end of year $217,570
-
7 · Other notes and loans receivable
beginning of year $40,000 · end of year $40,000
-
8 · Inventories for sale or use
beginning of year $42,969 · end of year $54,314
-
9 · Prepaid expenses and deferred charges
beginning of year $32,902 · end of year $2,544
-
10a · Land, buildings and equipment: cost or other basis
$113,445
-
10b · Land, buildings and equipment: accumulated depreciation
$93,824
-
10c · Land, buildings and equipment, net
beginning of year $1,623 · end of year $19,621
-
11 · Investments: publicly traded securities
beginning of year $3,539,478 · end of year $3,113,947
-
12 · Investments: other securities
end of year $30,668
-
15 · Other assets
beginning of year $381,521 · end of year $538,138
-
17 · Accounts payable and accrued expenses
beginning of year $130,699 · end of year $130,398
-
19 · Deferred revenue
beginning of year $421,166 · end of year $257,181
-
24 · Unsecured notes and loans payable
beginning of year $150,000 · end of year $150,000
-
25 · Other liabilities
beginning of year $820,149 · end of year $933,765
-
27 · Net assets without donor restrictions
beginning of year $2,850,476 · end of year $2,711,738
Mission and programs · 2024
Mission
ADVISORY SERVICES ON CHAPTER MANAGEMENT, FINANCE AND MEMBER EDUCATION
-
PROVIDE AID TO CHAPTERS THROUGH LOANS; CONSULTATION AND INSTRUCTION FOR THE CHAPTERS AND ITS MEMBERS THROUGH VISITS IN WHICH THEIR CURRENT OPERATIONAL STRENGTHS AND AREAS NEEDING IMPROVEMENTS ARE ASSESSED; PROVIDE GUIDANCE, INSIGHTS AND RESOURCES TO PROMOTE GREATER OPERATIONAL EFFECTIVENESS; PROVIDE EDUCATION TO MEMBERS ON FRATERNITY POLICIES, PROCEDURES AND PROTOCOLS
-
MAINTAIN FRATERNAL FINANCIAL AND MEMBERSHIP RECORDS, CHAPTER SPECIFIC HISTORICAL FILES, DATABASE MANAGEMENT AND RECORD UPDATES; COLLECT INITIATION FEES FOR 1,260 NEW MEMBERS, DUES SEMI-ANNUALLY FOR 2,697 UNDERGRADUATE MEMBERS AND CONTRIBUTIONS TO SUPPORT THE ACTIVITIES OF THE MEMBERS
-
PUBLISHED BI-ANNUAL SICKLE & SHEAF MAGAZINE FOR 51,000 UNDERGRADUATE & ALUMNI MEMBERS, MONTHLY E-NEWSLETTERS FOR CHAPTERS & RELEVANT COMMUNICATIONS FOR ALL MEMBERS
As filed on the 2024 return.
Listed in Part VII
-
Jay VroomJAY VROOM
GRAND PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Jim BorelJIM BOREL
VICE GRAND PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Paul WengerPAUL WENGER
FINANCIAL VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Dave OswaltDAVE OSWALT
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
John DemerlyJOHN DEMERLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
John NiemannJOHN NIEMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Todd WintersTODD WINTERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rex MartinREX MARTIN
CHIEF EXECUTIVE OFFICER/SECRETARY
- Total calculated
- $260,146
- From this org
- $245,726
- From related orgs
- $0
- Other
- $14,420
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $225,450
- Bonus
- $20,276
- Other
- $0
- Deferred
- $12,300
- Nontaxable benefits
- $2,120
- Filer's total
- $260,146
-
Carol JohnsonCAROL JOHNSON
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $216,192
- From this org
- $201,417
- From related orgs
- $0
- Other
- $14,775
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $158,419
- Bonus
- $36,469
- Other
- $6,529
- Deferred
- $3,928
- Nontaxable benefits
- $10,847
- Filer's total
- $216,192
-
Matt OlsonMATT OLSON
ASSISTANT EDITOR
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
GENERAL SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
EDUCATIONAL FOUNDATION OF ALPHA GAMMA RHO
501(C)(3) · EDUCATION · IL · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513179349302506
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