Form 990 for tax year 2023
Filed by ACACIA FRATERNITY INCORPORATED.
Totals
- Total revenue
- $603,063
- Total expenses
- $477,205
- Contributions and grants received
- $15,274
- Grants paid
- $0
- Program service revenue
- $579,611
- Investment income
- $8,178
- Other revenue
- $0
- Total assets, end of year
- $4,247,837
- Total liabilities, end of year
- $1,708,853
- Net assets or fund balances, end of year
- $2,538,984
- Program services expenses (Part IX)
- $366,894
- Management and general expenses
- $0
- Fundraising expenses
- $5,000
- Program service expenses (Part III)
- $477,205
Program services were 76.9% 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
$15,274
-
2a · Program service revenue: Miscellaneous Income
total $174,420 · related or exempt $174,420
-
2b · Program service revenue: Rent From Chapter
total $405,191 · related or exempt $405,191
-
3 · Investment income
total $8,178 · related or exempt $8,178
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $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 $14,300 · program services $14,300
-
11b · Fees: legal
total $7,502 · program services $7,502
-
11c · Fees: accounting
total $25,985 · program services $25,985
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $5,000 · fundraising $5,000
-
11f · Fees: investment management
total $976
-
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 $99,381 · program services $99,381
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $12,845 · program services $12,845
-
20 · Interest
total $60,911 · program services $60,911
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $104,335
-
23 · Insurance
total $35,409 · program services $35,409
-
24a · Other expenses: Real Estate Taxes
total $51,029 · program services $51,029
-
24b · Other expenses: Bad Debt Expense
total $25,000 · program services $25,000
-
24c · Other expenses: Scholarship Award Payments
total $20,500 · program services $20,500
-
24d · Other expenses: Communications/Website
total $14,032 · program services $14,032
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $313,891 · end of year $342,311
-
2 · Savings and temporary cash investments
beginning of year $214,893 · end of year $238,888
-
3 · Pledges and grants receivable
beginning of year $369,678 · end of year $306,397
-
4 · Accounts receivable
beginning of year $30,000 · end of year $43,000
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $24,500 · end of year $177,920
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $25,944 · end of year $18,205
-
10a · Land, buildings and equipment: cost or other basis
$4,089,248
-
10b · Land, buildings and equipment: accumulated depreciation
$1,139,359
-
10c · Land, buildings and equipment, net
beginning of year $2,824,346 · end of year $2,949,889
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $1,999 · end of year $1,749
-
15 · Other assets
beginning of year $174,488 · end of year $169,478
-
17 · Accounts payable and accrued expenses
beginning of year $67,498 · end of year $280,943
-
23 · Secured mortgages and notes payable
beginning of year $1,455,726 · end of year $1,391,410
-
25 · Other liabilities
beginning of year $40,500 · end of year $36,500
-
27 · Net assets without donor restrictions
beginning of year $2,416,015 · end of year $2,538,984
Mission and programs · 2023
Mission
Provide Local Chapter with Housing, And Alumni with Social Activities
-
Provide Local Chapter with Housing, And Alumni with Social Activities
Expenses $477,205 · Revenue $603,063
As filed on the 2023 return.
Listed in Part VII
-
Michael Duncan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Arthur Mertes
President
- Total calculated
- $0
- Hours/week
- 1
-
Joel Grachan Chapter Advisor
Director
- Total calculated
- $0
- Hours/week
- 1
-
Harrison Pappas
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Ken Wagner
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Adam Powers
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Paul Herbert
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Bill Jamie
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
J D Strode
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Paul Ruby
Director
- Total calculated
- $0
- Hours/week
- 1
-
Craig Polte
Director
- Total calculated
- $0
- Hours/week
- 5
-
Daniel Bayston
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gabriel Manning
Trustee
- 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
- 1 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511219349301546
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.