Form 990 for tax year 2024
Filed by DELTA TAU DELTA EDUCATIONAL FOUNDATION INC.
Totals
- Total revenue
- $4,034,972
- Total expenses
- $4,108,122
- Contributions and grants received
- $3,156,504
- Grants paid
- $1,848,558
- Program service revenue
- $162,218
- Investment income
- $716,250
- Other revenue
- $0
- Total assets, end of year
- $31,450,256
- Total liabilities, end of year
- $569,843
- Net assets or fund balances, end of year
- $30,880,413
- Program services expenses (Part IX)
- $2,620,675
- Management and general expenses
- $711,783
- Fundraising expenses
- $775,664
- Program service expenses (Part III)
- $2,620,675
Program services were 63.8% 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
$3,156,504
-
2a · Program service revenue: RENTAL INCOME FROM DELTA TAU DELTA FRATERNITY
total $154,662 · related or exempt $154,662
-
2b · Program service revenue: MISCELLANEOUS INCOME
total $7,556 · related or exempt $7,556
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $717,524 · excluded $717,524
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $2,609,675
-
7b · Less cost or other basis and sales expenses
securities $2,610,949
-
7c · Gain or loss
securities -$1,274 · other assets $0
-
7d · Net gain or loss
total -$1,274 · excluded -$1,274
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,676,634 · program services $1,676,634
-
2 · Grants to domestic individuals
total $171,924 · program services $171,924
-
5 · Compensation of officers, directors and key employees
total $354,627 · program services $88,969 · management and general $141,879 · fundraising $123,779
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $480,981 · program services $120,129 · management and general $181,849 · fundraising $179,003
-
8 · Pension plan contributions
total $9,977 · program services $3,437 · management and general $3,013 · fundraising $3,527
-
9 · Other employee benefits
total $0 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $64,936 · program services $17,822 · management and general $25,136 · fundraising $21,978
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $31,557 · program services $10,745 · management and general $2,711 · fundraising $18,101
-
11c · Fees: accounting
total $144,607 · program services $41,256 · management and general $103,351 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $71,961 · program services $0 · management and general $71,961 · fundraising $0
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $0 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $214,044 · program services $57,739 · management and general $44,846 · fundraising $111,459
-
14 · Information technology
total $0 · program services $0 · management and general $0 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $124,122 · program services $82,864 · management and general $37,709 · fundraising $3,549
-
17 · Travel
total $108,409 · program services $47,799 · management and general $0 · fundraising $60,610
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $145,433 · program services $30,341 · management and general $35,782 · fundraising $79,310
-
20 · Interest
total -$14,089 · program services $0 · management and general $0 · fundraising -$14,089
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $60,125 · program services $40,139 · management and general $18,266 · fundraising $1,720
-
23 · Insurance
total $74,671 · program services $23,793 · management and general $31,421 · fundraising $19,457
-
24a · Other expenses: MISCELLANEOUS EXPENSES
total $267,608 · program services $207,084 · management and general $12,253 · fundraising $48,271
-
24b · Other expenses: DONOR RECOGNITION EXPENSE
total $7,296 · management and general $1,606 · fundraising $5,690
-
24c · Other expenses: FUNDRAISING
total $113,299 · fundraising $113,299
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
-
26 · Joint costs (an allocation of the lines above)
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $2,268,815 · end of year $1,620,839
-
3 · Pledges and grants receivable
beginning of year $1,795,982 · end of year $1,803,780
-
4 · Accounts receivable
beginning of year $192,504 · end of year $192,504
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $459,842 · end of year $418,686
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $63,752 · end of year $109,808
-
10a · Land, buildings and equipment: cost or other basis
$4,336,978
-
10b · Land, buildings and equipment: accumulated depreciation
$2,672,174
-
10c · Land, buildings and equipment, net
beginning of year $1,724,929 · end of year $1,664,804
-
11 · Investments: publicly traded securities
beginning of year $22,215,743 · end of year $25,181,260
-
12 · Investments: other securities
beginning of year $370,448 · end of year $350,119
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $245,059 · end of year $108,456
-
17 · Accounts payable and accrued expenses
beginning of year $97,701 · end of year $153,559
-
22 · Loans and payables to officers and key people
end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $379,084 · end of year $416,284
-
27 · Net assets without donor restrictions
beginning of year $2,995,676 · end of year $3,175,662
-
28 · Net assets with donor restrictions
beginning of year $25,864,613 · end of year $27,704,751
Mission and programs · 2024
Mission
THE DELTA TAU DELTA EDUCATIONAL FOUNDATION, INC. IS ORGANIZED TO RAISE, MANAGE AND GRANT FUNDS FOR THE BENEFIT OF THE EDUCATIONAL AND LEADERSHIP PROGRAMS OF DELTA TAU DELTA FRATERNITY AND ITS CHAPTERS SO MEMBERS FULFILL THE DELT CREED, LIVE LIVES OF EXCELLENCE, AND THEREBY HAVE A POSITIVE IMPACT ON SOCIETY.
Activities or mission (Part I)
THE DELTA TAU DELTA EDUCATIONAL FOUNDATION, INC. IS ORGANIZED TO ENCOURAGE, ASSIST, PROMOTE, FOSTER, AND SUPPORT EDUCATION.
-
CHAPTER ASSISTANCE: SUPPORT TO CHAPTER THROUGH GRANTING OF FUNDS FOR QUALIFIED EDUCATIONAL HOUSING IMPROVEMENTS AND EDUCATIONAL INITIATIVES.
Expenses $1,446,937 · Grants $1,167,809 · Revenue $84,016
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $923,038 · Grants $92,545 · Revenue $78,192
-
INDIVIDUAL AND GROUP COUNSELING: THE CONDUCT OF INDIVIDUAL AND GROUP COUNSELING TO CHAPTER MEMBERS AND THE TRAINING OF INDIVIDUALS TO DO SUCH COUNSELING. GROUP COUNSELING INCLUDES WORKSHOPS AND LECTURES ON LEADERSHIP AND PERSONAL DEVELOPMENT, RISK MANAGEMENT, UNDERSTANDING THE FREE ENTERPRISE SYSTEM, ACHIEVEMENT OF HIGH SCHOLASTIC ATTAINMENT, CITIZENSHIP AND PATRIOTISM, ALCOHOL AND SUBSTANCE ABUSE PREVENTION, AND ADVANCED LEADERSHIP TRAINING FOR SELECTED INDIVIDUALS. INDIVIDUAL COUNSELING INCLUDES ONE-ON-ONE SESSIONS WITH SELECTED UNDERGRADUATE CHAPTER MEMBERS OF THE DELTA TAU DELTA FRATERNITY REGARDING LEADERSHIP OPPORTUNITIES, SCHOLARSHIP, AND STUDYING TECHNIQUES. IN ADDITION, THE DELTA TAU DELTA EDUCATIONAL FOUNDATION, INC. CONDUCTS CHARITABLE AND EDUCATIONAL ACTIVITIES AT THE DELTA TAU DELTA FRATERNITY'S ANNUAL DIVISIONAL CONFERENCES AND BIENNIAL NATIONAL CONVENTION. SUCH ACTIVITIES INCLUDE WORKSHOPS AND SEMINARS IN THE AREAS OF LEADERSHIP, SCHOLARSHIP, LIFE SKILLS, (CONTINUED ON SCHEDULE O)
Expenses $250,700 · Grants $588,204 · Revenue $10
As filed on the 2024 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Daniel Stith
Vice Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Jeffry Henning
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Michael Shonrock
Chairman
- Total calculated
- $0
- Hours/week
- 5
-
P Chris Mickel
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Alexander Schriver
Director
- Total calculated
- $0
- Hours/week
- 5
-
Anthony Albanese
Director
- Total calculated
- $0
- Hours/week
- 5
-
Daniel Dungan
Director
- Total calculated
- $0
- Hours/week
- 5
-
Gregory Ethridge
Director
- Total calculated
- $0
- Hours/week
- 5
-
Gregory Kazarian
Director
- Total calculated
- $0
- Hours/week
- 5
-
James Wisbrock
Director
- Total calculated
- $0
- Hours/week
- 5
-
Jeffrey Burns
Director
- Total calculated
- $0
- Hours/week
- 5
-
Jerome Kerkman
Director
- Total calculated
- $0
- Hours/week
- 5
-
John Gleeson
Director
- Total calculated
- $0
- Hours/week
- 5
-
Kent Hance
Director
- Total calculated
- $0
- Hours/week
- 5
-
Mark Aschliman
Director
- Total calculated
- $0
- Hours/week
- 5
-
Rory Jones
Director
- Total calculated
- $0
- Hours/week
- 5
-
Scott Sinner
Director
- Total calculated
- $0
- Hours/week
- 5
-
Timothy Cullen
Director
- Total calculated
- $0
- Hours/week
- 5
-
William McMeans
Director
- Total calculated
- $0
- Hours/week
- 5
-
Nick Zuniga
Chief Admin Officer
- Total calculated
- $145,248
- From this org
- $132,948
- From related orgs
- $0
- Other
- $12,300
- Hours/week
- 40
-
Steven Vedra
President
- Total calculated
- $181,933
- From this org
- $151,081
- From related orgs
- $0
- Other
- $30,852
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,162
- Bonus
- $0
- Other
- $1,919
- Deferred
- $18,483
- Nontaxable benefits
- $12,369
- Filer's total
- $181,933
-
Tony Vulkusich
VP of Advancement
- Total calculated
- $158,840
- From this org
- $148,973
- From related orgs
- $0
- Other
- $9,867
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $136,573
- Bonus
- $10,000
- Other
- $2,400
- Deferred
- $7,261
- Nontaxable benefits
- $2,606
- Filer's total
- $158,840
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 committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
$719,619
Educational Support
-
Delta Alpha Chapter of Delta Tau Delta
$150,000
Construction Grant
-
Delta Gamma Chapter Association
$14,600
Educational Support
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 4 June 2026
- IRS schema version
- 2024v5.1
- Source object
- 202621559349300902
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