Civic Intelligence

Alpha Chi Sigma Fraternity Natl Office

990 • Fiscal year 2015 • EIN 35-0141910

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 19, 2016

6296 Rucker Road No BIndianapolis, IN 46220

(800) 252-4369

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

35th percentile

0.03x

Higher debt load relative to assets than 35% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.09x

Higher debt load relative to revenue than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

24th percentile

-7.1%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

36th percentile

$8,600

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

21st percentile

-5.5%

Faster asset growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-37%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,147,748

Down $66,571 (-5.5%) from 2014

Net Assets

Down

$1,109,441

Down $85,719 (-7.2%) from 2014

Liabilities

Up

$38,307

Up $19,148 (+100%) from 2014

Revenue

Down

$420,016

Down $251,868 (-37%) from 2014

Expenses

Down

$449,742

Down $52,457 (-10%) from 2014

Net Income

Down

-$29,726

Down $199,411 (-118%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2013: $1,103,382Liabilities 2013: $20,953Net Assets 2013: $1,082,4292013Assets 2014: $1,214,319Liabilities 2014: $19,159Net Assets 2014: $1,195,1602014Assets 2015: $1,147,748Liabilities 2015: $38,307Net Assets 2015: $1,109,4412015Assets 2016: $1,112,253Liabilities 2016: $101,551Net Assets 2016: $1,010,7022016Assets 2017: $1,096,090Liabilities 2017: $93,579Net Assets 2017: $1,002,5112017Assets 2018: $998,547Liabilities 2018: $72,567Net Assets 2018: $925,9802018Assets 2019: $1,074,643Liabilities 2019: $57,756Net Assets 2019: $1,016,8872019Assets 2020: $1,056,868Liabilities 2020: $63,906Net Assets 2020: $992,9622020Assets 2021: $1,148,142Liabilities 2021: $27,065Net Assets 2021: $1,121,0772021Assets 2022: $1,024,354Liabilities 2022: $19,882Net Assets 2022: $1,004,4722022Assets 2023: $1,131,950Liabilities 2023: $18,309Net Assets 2023: $1,113,6412023Assets 2024: $1,155,319Liabilities 2024: $34,825Net Assets 2024: $1,120,4942024

Highlighted filing

2015

Assets$1,147,748
Liabilities$38,307
Net Assets$1,109,441

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2013: $448,466Expenses 2013: $345,879Net Income 2013: $102,5872013Revenue 2014: $671,884Expenses 2014: $502,199Net Income 2014: $169,6852014Revenue 2015: $420,016Expenses 2015: $449,742Net Income 2015: -$29,7262015Revenue 2016: $571,881Expenses 2016: $648,014Net Income 2016: -$76,1332016Revenue 2017: $390,811Expenses 2017: $499,852Net Income 2017: -$109,0412017Revenue 2018: $527,660Expenses 2018: $466,276Net Income 2018: $61,3842018Revenue 2019: $508,103Expenses 2019: $511,461Net Income 2019: -$3,3582019Revenue 2020: $433,035Expenses 2020: $457,858Net Income 2020: -$24,8232020Revenue 2021: $526,305Expenses 2021: $398,190Net Income 2021: $128,1152021Revenue 2022: $564,976Expenses 2022: $553,318Net Income 2022: $11,6582022Revenue 2023: $532,968Expenses 2023: $488,753Net Income 2023: $44,2152023Revenue 2024: $584,264Expenses 2024: $600,070Net Income 2024: -$15,8062024

Highlighted filing

2015

Revenue$420,016
Expenses$449,742
Net Income-$29,726
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 19, 2016
Return Version
2015v2.1
Gross Receipts
$1,049,037
Mission and Program Overview

Mission

To organize, operate and foster collegiate and professional chapters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$883,777$844,369▼ $39,408
Land, Buildings, and Equipment, Net$115,543$121,228▲ $5,685
Savings and Temporary Cash Investments$150,674$94,436▼ $56,238
Prepaid Expenses and Deferred Charges$20,856$36,605▲ $15,749
Accounts Receivable$18,736$25,834▲ $7,098
Inventories for Sale or Use$24,716$25,262▲ $546
Cash and Non-Interest-Bearing Accounts$17$14▼ $3
Total Assets$1,214,319$1,147,748▼ $66,571
Liabilities
Deferred Revenue$6,620$22,645▲ $16,025
Mortgage Notes Payable Secured by Investment Property$4,322$13,246▲ $8,924
Accounts Payable and Accrued Expenses$8,217$2,416▼ $5,801
Total Liabilities$19,159$38,307▲ $19,148
Net Assets / Fund Balance
Unrestricted Net Assets$1,195,160$1,109,441▼ $85,719
Total Net Assets Fund Balance$1,195,160$1,109,441▼ $85,719
Total Liabilities and Net Assets / Fund Balance$1,214,319$1,147,748▼ $66,571

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$97,776$15,042$112,818
Equipment$2,896$65,350$68,246
Other Land Buildings$20,556$3,334$23,890
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr Patrick J JohannsGrand RecorderPT$8,600$8,600

Board Members and Trustees

NameTitle
Helen M M WebsterGrand Collegiate Alchemist
Mark EvaniakGrand Master Alchemist
Dr Kip a NalleyGrand Master of Ceremonies
Dr Jonathan E WenzelGrand Professional Alchemist
Revenue and Support

Revenue Composition

Contributions and Grants
$98,047
Program Service Revenue
$275,143
Investment Income
$19,671
Other Revenue
$27,155
All Other Contributions
$98,047
Change in Net Assets
$-29,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$311,304
Salaries, Compensation, and Employee Benefits$138,438
Total Fundraising Expense$49,295
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$62,439$39,266$16,234$117,939
Information Technology$2,217$46,495-$48,712
Travel$44,778--$44,778
All Other Expenses$36,049$2,168$114$38,331
Fees for Service Investment Mgmnt Fees-$25,807-$25,807
Office Expenses$10,427$1,920$1,372$13,719
Other Expenses$12,346$1,872$1,337$12,346
Depreciation Depletion-$11,064-$11,064
Payroll Taxes$4,972$3,169$1,305$9,446
Current Officers, Directors, Trustees, and Key Employees$2,064$6,536-$8,600
Fees for Services Other$8,400--$8,400
Insurance$5,079$936$668$6,683
Fees for Services Accounting-$5,500-$5,500
Occupancy$1,305$3,544$172$5,021
Other Employee Benefits$1,048$1,026$379$2,453
Total Functional Expenses$251,144$149,303$49,295$449,742
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members of the fraternity consists of collegiate members who are enrolled members of collegiate chapters and have been in a degree granting program within the past 12 months. A collegiate candidate shall be a student of chemistry who intends to make chemistry their life work. Professional members are those who are not collegiate members. Active professional members pay annual voluntary professional contributions or have been designated a permanent active professional member. A candidate for professional membership shall either have at least a bachelor's degree in chemistry or be a properly qualified chemist.

Form 990, Part VI, Section A, Line 7A

The members elect the officers of the fraternity at conclave meetings.

Form 990, Part VI, Section B, Line 11

The supreme council receives a draft of the form 990 electronically for their review. The secretary/treasurer coordinates the approval of the council. After approval is received, the information returns are submitted to the irs.

Form 990, Part VI, Section B, Line 12C

The supreme council member signs a conflict of interest statement at the beginning of their term and each year thereafter. The supreme council member is to report any conflicts arising during the year. The supreme council member will not vote upon any issue where the member has a conflict of interest or appearance of impropriety at any board meeting.

Form 990, Part VI, Section B, Line 15

The supreme council reviews annually the compensation of the fraternity's employees. The council focuses on comparative non-profit organizations in the area to benchmark compensation. The information is assessed to to determine the competitiveness of the recommended compensation. The council approves, after discussion, the compensation for each employee.

Form 990, Part VI, Section C, Line 19

The fraternity makes available upon request copies of the application of exemption and the past three years information returns for public inspection at their office.

Filing and Contact Details

Filer

Filer Name
Alpha Chi Sigma Fraternity Inc
EIN
35-0141910
Phone
8002524369
Address
6296 RUCKER ROAD NO B, INDIANAPOLIS, IN 46220

Signing Officer

Name
Dr Patrick J Johanns
Title
Secretary/treasurer
Phone
8002524369
Signed
2016-04-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Patrick J Johanns
Formed
1967
Legal Domicile
In
Voting Board Members
4
Independent Board Members
4
Employees
5
Volunteers
25

Preparer

Firm
Vonlehman & Company Inc
Address
8250 WOODFIELD CROSSING BLVD SUITE, 300, INDIANAPOLIS, IN 46240
Preparer
Michelle Siner
Phone
3174690169
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The oversight or selection process did not change during the tax year.

Financial Statement Notes

PART X, LINE 2:

The fraternity is exempt from federal income tax under section 501(c)(3) of the internal revenue code. It is also exempt from indiana income taxes. However, should the fraternity ever have income from certain activities not directly related to its tax-exempt purpose, that income would be subject to taxation as unrelated business income. In addition, the fraternity qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(2). The fraternity's policy is to include interest and penalties related to its tax positions in income tax expense. The fraternity has adopted the provisions of the accounting pronouncement related to accounting for uncertainty in income taxes. The fraternity recognized no interest or penalties in the statements of activities and changes in unrestricted net assets for the years ended december 31, 2015 and 2014. If the situation arose in which the fraternity would have interest to recognize, it would recognize this as interest expense and penalties would be recognized in other expenses. Currently, the prior three years are open under federal and state statute of limitations and remain subject to review and change. The fraternity is not currently under audit. Based on the evaluation of the fraternity's tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the years ended december 31, 2015 and 2014.

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IRS990/PayrollTaxesGrp/TotalAmt09446
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020856
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036605
IRS990/PrincipalOfficerNm0DR PATRICK J JOHANNS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
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IRS990/ProgramServiceRevenueGrp/Desc0DUES & ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc1CONCLAVE & REGALIA
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1943
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0274200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1943
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0116970
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0215990
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IRS990/PYOtherRevenueAmt026907
IRS990/PYProgramServiceRevenueAmt0312017
IRS990/PYRevenuesLessExpensesAmt0169685
IRS990/PYSalariesCompEmpBnftPaidAmt0122534
IRS990/PYTotalExpensesAmt0502199
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0671884
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-29726
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0302298
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0150674
IRS990/SavingsAndTempCashInvstGrp/EOYAmt094436
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0372247
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0371290
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0345864
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0349197
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0309074
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01747672
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt034802
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt024394
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023697
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt025116
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0137417
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0109551
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt022596
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt019734
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt027357
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt035873
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt029100
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0134660
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86530
IRS990ScheduleA/PublicSupportPY170Pct00.87540
IRS990ScheduleA/PublicSupportTotal170Amt01747672
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0372247
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0371290
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0345864
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0349197
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0309074
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01747672
IRS990ScheduleA/TotalSupportAmt02019749
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt097776
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015042
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0112818
IRS990ScheduleD/EquipmentGrp/BookValueAmt02896
IRS990ScheduleD/EquipmentGrp/DepreciationAmt065350
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068246
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020556
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03334
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023890
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FRATERNITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM INDIANA INCOME TAXES. HOWEVER, SHOULD THE FRATERNITY EVER HAVE INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO ITS TAX-EXEMPT PURPOSE, THAT INCOME WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE FRATERNITY QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE FRATERNITY'S POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATED TO ITS TAX POSITIONS IN INCOME TAX EXPENSE. THE FRATERNITY HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FRATERNITY RECOGNIZED NO INTEREST OR PENALTIES IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN UNRESTRICTED NET ASSETS FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014. IF THE SITUATION AROSE IN WHICH THE FRATERNITY WOULD HAVE INTEREST TO RECOGNIZE, IT WOULD RECOGNIZE THIS AS INTEREST EXPENSE AND PENALTIES WOULD BE RECOGNIZED IN OTHER EXPENSES. CURRENTLY, THE PRIOR THREE YEARS ARE OPEN UNDER FEDERAL AND STATE STATUTE OF LIMITATIONS AND REMAIN SUBJECT TO REVIEW AND CHANGE. THE FRATERNITY IS NOT CURRENTLY UNDER AUDIT. BASED ON THE EVALUATION OF THE FRATERNITY'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0121228
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THE FRATERNITY CONSISTS OF COLLEGIATE MEMBERS WHO ARE ENROLLED MEMBERS OF COLLEGIATE CHAPTERS AND HAVE BEEN IN A DEGREE GRANTING PROGRAM WITHIN THE PAST 12 MONTHS. A COLLEGIATE CANDIDATE SHALL BE A STUDENT OF CHEMISTRY WHO INTENDS TO MAKE CHEMISTRY THEIR LIFE WORK. PROFESSIONAL MEMBERS ARE THOSE WHO ARE NOT COLLEGIATE MEMBERS. ACTIVE PROFESSIONAL MEMBERS PAY ANNUAL VOLUNTARY PROFESSIONAL CONTRIBUTIONS OR HAVE BEEN DESIGNATED A PERMANENT ACTIVE PROFESSIONAL MEMBER. A CANDIDATE FOR PROFESSIONAL MEMBERSHIP SHALL EITHER HAVE AT LEAST A BACHELOR'S DEGREE IN CHEMISTRY OR BE A PROPERLY QUALIFIED CHEMIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE OFFICERS OF THE FRATERNITY AT CONCLAVE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SUPREME COUNCIL RECEIVES A DRAFT OF THE FORM 990 ELECTRONICALLY FOR THEIR REVIEW. THE SECRETARY/TREASURER COORDINATES THE APPROVAL OF THE COUNCIL. AFTER APPROVAL IS RECEIVED, THE INFORMATION RETURNS ARE SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SUPREME COUNCIL MEMBER SIGNS A CONFLICT OF INTEREST STATEMENT AT THE BEGINNING OF THEIR TERM AND EACH YEAR THEREAFTER. THE SUPREME COUNCIL MEMBER IS TO REPORT ANY CONFLICTS ARISING DURING THE YEAR. THE SUPREME COUNCIL MEMBER WILL NOT VOTE UPON ANY ISSUE WHERE THE MEMBER HAS A CONFLICT OF INTEREST OR APPEARANCE OF IMPROPRIETY AT ANY BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SUPREME COUNCIL REVIEWS ANNUALLY THE COMPENSATION OF THE FRATERNITY'S EMPLOYEES. THE COUNCIL FOCUSES ON COMPARATIVE NON-PROFIT ORGANIZATIONS IN THE AREA TO BENCHMARK COMPENSATION. THE INFORMATION IS ASSESSED TO TO DETERMINE THE COMPETITIVENESS OF THE RECOMMENDED COMPENSATION. THE COUNCIL APPROVES, AFTER DISCUSSION, THE COMPENSATION FOR EACH EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FRATERNITY MAKES AVAILABLE UPON REQUEST COPIES OF THE APPLICATION OF EXEMPTION AND THE PAST THREE YEARS INFORMATION RETURNS FOR PUBLIC INSPECTION AT THEIR OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE OVERSIGHT OR SELECTION PROCESS DID NOT CHANGE DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ALPHA CHI SIGMA EDUCATIONAL FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0356018436
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDES FUNDS FOR EDUCATIONAL AWARDS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PUBLIC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06296 RUCKER ROAD SUITE B
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd046220
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ALL TRANSCATIONS WERE UNDER 50000
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt01214319
IRS990/TotalAssetsGrp/EOYAmt01147748
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt098047
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt049295
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0149303
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0251144
IRS990/TotalFunctionalExpensesGrp/TotalAmt0449742
IRS990/TotalGrossUBIAmt00

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