- Revenue 2024
- $553,603
- Expenses 2024
- $181,035
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 07
- NTEE code
- N50
- Classification
- 1000
- Street
- PO BOX 363
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
Primary Exempt Purpose- To Unite College Men of Culture, Patriotism, and Honor in the Bond of Fraternity to Encourage Honorable Achievement in Every Field of Human Endeavor, To Promote the Spiritual, Social, Intellectual, and Moral Welfare of its Members; To Assist in the Aims and Purposes of Colleges and Universities; To Inspire Service in the Public Interest. The Building Corporation takes an active role in the various social activities and other functions of the chapter. The IRS has that an organization formed to buy, lease, and maintain a building exclusively for an organization recognized under 501C7 (Alpha Gamma Rho Fraternity) itself qualifies for exemption under 501c7 if it takes an active role in various social activities and other chapter functions. See e.q. Letter Ruling 8207007 and Revenue Ruling 64-118. The main objective is to raise funds and facilitate all aspects of the development and construction of a fraternity house, then to maintain the house going forward.
Activities or mission (Part I)
Form 990-EZ, Part III, Primary Exempt Purpose- To Unite College Men of Culture, Patriotism, and Honor in the Bond of Fraternity to Encourage Honorable Achievement in Every Field of Human Endeavor, To Promote the Spiritual, Social, Intellectual, and Moral Welfare of its Members; To Assist in the Aims and Purposes of Colleges and Universities; To Inspire Service in the Public Interest. The Building Corporation takes an active role in the various social activities and other functions of the chapter. The IRS has that an organization formed to buy, lease, and maintain a building exclusively for an organization recognized under 501C7 (Alpha Gamma Rho Fraternity) itself qualifies for exemption under 501c7 if it takes an active role in various social activities and other chapter functions. See e.q. Letter Ruling 8207007 and Revenue Ruling 64-118. The Alpha Iota Building Corporation is such an organization and therefore qualifies for exemption under Code Section 501C7.
-
The Board of Directors have engaged with various contractors in the beginning stages of constructing a fraternity house for the Alpha Gamma Rho Fraternity (national agricultural business fraternity) as soon as possible. Over the past year, The group continues to support the philanthropic efforts of the organization and to facilitate the growth and leadership of men in the organization. In the future, more program service accomplishments can be facilitated once a facility is constructed which we hope to have progress in the following year.
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Nathan Morton
Director & Architect
- Total calculated
- $25,000
- From this org
- $25,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
John Looney
President & Director
- Total calculated
- $0
- Hours/week
- 5
-
Sam Smith
Treasurer & Director
- Total calculated
- $0
- Hours/week
- 2
-
Bill Groce
Vice President & Director
- Total calculated
- $0
- Hours/week
- 2
-
Bill Moss
Secretary & Director
- Total calculated
- $0
- Hours/week
- 2
-
Corey Wilson
Director
- Total calculated
- $0
- Hours/week
- 2
-
Alan Fortenberry
Director
- 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $553,603
- Expenses
- $181,035
- Contributions
- $553,603
- Grants paid
- $0
-
2023
- Revenue
- $70,295
- Expenses
- $65,030
- Contributions
- $70,295
- Grants paid
- $0
-
2022
- Revenue
- $0
- Expenses
- $0
- Contributions
- $0
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990-EZ
- Revenue
- $0
- Expenses
- $0
- Assets (EOY)
- $0
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2024 HOUSING GRANT
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.