Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBER RENTAL INCOME

  total $959,155 · related or exempt $959,155

• 3 · Investment income

  total $61 · unrelated business $61

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $150,000

• 11b · Fees: legal

  total $17,257

• 11c · Fees: accounting

  total $11,350

• 11g · Fees: other

  total $37,388

• 13 · Office expenses

  total $4,762

• 16 · Occupancy

  total $865,635

• 17 · Travel

  total $1,803

• 22 · Depreciation, depletion and amortization

  total $89,918

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $255,953 · end of year $157,683

• 2 · Savings and temporary cash investments

  beginning of year $285,253 · end of year $249,999

• 4 · Accounts receivable

  beginning of year $67,474 · end of year $87,654

• 9 · Prepaid expenses and deferred charges

  beginning of year $84,525 · end of year $106,364

• 10a · Land, buildings and equipment: cost or other basis

  $2,477,663

• 10b · Land, buildings and equipment: accumulated depreciation

  $653,658

• 10c · Land, buildings and equipment, net

  beginning of year $1,913,923 · end of year $1,824,005

• 15 · Other assets

  beginning of year $26,650 · end of year $1,657,392

• 17 · Accounts payable and accrued expenses

  beginning of year $6,116 · end of year $1,368

• 19 · Deferred revenue

  beginning of year $106,265 · end of year $74,128

• 25 · Other liabilities

  beginning of year $73,620 · end of year $1,778,721

• 27 · Net assets without donor restrictions

  beginning of year $2,447,777 · end of year $2,228,880

The filer's explanations (Part III)

PART I, LINE 3

THE RELATED ORGANIZATION, ALPHA DELTA PI SORORITY, USES APPROVAL BY A THE GRAND COUNCIL IN DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR.