Totals
- Total revenue
- $365,176
- Total expenses
- $380,049
- Contributions and grants received
- $69,147
- Grants paid
- $0
- Program service revenue
- $296,029
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $40,057
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $40,057
- Program services expenses (Part IX)
- $371,359
- Management and general expenses
- $8,690
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $371,359
Program services were 97.7% 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.
-
1b · Membership dues
$58,963
-
1f · All other contributions, gifts and grants
$10,184
-
2a · Program service revenue: ROOM AND BOARD
total $289,589 · related or exempt $289,589
-
2b · Program service revenue: INITIATION FEES
total $6,440 · related or exempt $6,440
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $3,793 · management and general $3,793
-
11c · Fees: accounting
total $2,620 · management and general $2,620
-
13 · Office expenses
total $2,277 · management and general $2,277
-
16 · Occupancy
total $242,574 · program services $242,574
-
24a · Other expenses: UTILITIES
total $45,038 · program services $45,038
-
24b · Other expenses: DUES
total $38,767 · program services $38,767
-
24c · Other expenses: RUSH EXPENSES
total $25,018 · program services $25,018
-
24d · Other expenses: ENTERTAINMENT
total $18,698 · program services $18,698
-
24e · All other expenses
total $1,264 · program services $1,264
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $48,230 · end of year $37,198
-
2 · Savings and temporary cash investments
beginning of year $6,500 · end of year $2,859
-
15 · Other assets
beginning of year $200 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $54,930 · end of year $40,057
Mission and programs · 2022
Mission
TO DEVELOP ETHICAL LEADERS INSPIRED BY THE PRINCLES OF LOVE, HONOR AND TRUTH; TO FOSTER THE PERSONAL GROWTH OF EACH MAN'S MIND, HEART AND CHARACTER; TO PERPETUATE LIFELONG FRIENDSHIPS AND COMMITMENT TO THE FRATERNITY
-
HOUSING FOR APPROXIMATELY 25 FRATERNITY BROTHERS ATTENDING MIT
Expenses $371,359
As filed on the 2022 return.
Listed in Part VII
-
Robert FreemanROBERT FREEMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Jakob ByrdJAKOB BYRD
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Alex HarrisALEX HARRIS
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Carlos SalcedoCARLOS SALCEDO
CLERK
- Total calculated
- $0
- Hours/week
- 3
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.
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.
-
501(C)(7) · FRATERNITY HOUSING · MA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323179349303707
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