Civic Intelligence

Michigan Delta Foundation Inc

990 • Fiscal year 2015 • EIN 38-6104459

Aug 01, 2014 to Jul 31, 2015 • Filed on Feb 24, 2016

Organization ProfileN/A
6921 Jackson Road No 100Ann Arbor, MI 48103

(734) 997-9777

Siviq Scores

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

Liabilities / Assets

97th percentile

1.09x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

96th percentile

1.48x

Higher debt load relative to revenue than 96% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Net Margin

70th percentile

11%

Higher net margin than 70% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

26th percentile

-8.9%

Faster revenue growth than 26% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$361,190

Up $46,570 (+15%) from 2014

Net Assets

Up

-$33,256

Up $28,881 (+46%) from 2014

Liabilities

Up

$394,446

Up $17,689 (+4.7%) from 2014

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin70th percentile

Revenue

Down

$266,915

Down $26,200 (-8.9%) from 2014

Expenses

Up

$238,034

Up $7,127 (+3.1%) from 2014

Net Income

Down

$28,881

Down $33,327 (-54%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$1.0M$500K$0-$500KAssets 2013: $257,627Liabilities 2013: $401,328Net Assets 2013: -$143,7012013Assets 2014: $314,620Liabilities 2014: $376,757Net Assets 2014: -$62,1372014Assets 2015: $361,190Liabilities 2015: $394,446Net Assets 2015: -$33,2562015Assets 2016: $402,436Liabilities 2016: $381,048Net Assets 2016: $21,3882016Assets 2017: $462,391Liabilities 2017: $358,782Net Assets 2017: $103,6092017Assets 2018: $527,043Liabilities 2018: $301,468Net Assets 2018: $225,5752018Assets 2019: $597,162Liabilities 2019: $262,009Net Assets 2019: $335,1532019Assets 2020: $632,475Liabilities 2020: $237,234Net Assets 2020: $395,2412020Assets 2021: $666,666Liabilities 2021: $221,960Net Assets 2021: $444,7062021Assets 2022: $676,495Liabilities 2022: $190,699Net Assets 2022: $485,7962022Assets 2023: $819,540Liabilities 2023: $164,314Net Assets 2023: $655,2262023Assets 2024: $934,489Liabilities 2024: $130,433Net Assets 2024: $804,0562024Assets 2025: $896,297Liabilities 2025: $72,586Net Assets 2025: $823,7112025

Highlighted filing

2015

Assets$361,190
Liabilities$394,446
Net Assets-$33,256
Open 2015 Filing

Operations Trend

Revenue Growth26th percentile

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

$600K$400K$200K$0Revenue 2013: $44,469Expenses 2013: $0Net Income 2013: $44,4692013Revenue 2014: $293,115Expenses 2014: $230,907Net Income 2014: $62,2082014Revenue 2015: $266,915Expenses 2015: $238,034Net Income 2015: $28,8812015Revenue 2016: $295,473Expenses 2016: $240,829Net Income 2016: $54,6442016Revenue 2017: $354,912Expenses 2017: $272,691Net Income 2017: $82,2212017Revenue 2018: $321,139Expenses 2018: $199,173Net Income 2018: $121,9662018Revenue 2019: $314,515Expenses 2019: $204,937Net Income 2019: $109,5782019Revenue 2020: $286,079Expenses 2020: $225,991Net Income 2020: $60,0882020Revenue 2021: $300,879Expenses 2021: $251,414Net Income 2021: $49,4652021Revenue 2022: $321,449Expenses 2022: $280,359Net Income 2022: $41,0902022Revenue 2023: $427,705Expenses 2023: $258,275Net Income 2023: $169,4302023Revenue 2024: $416,984Expenses 2024: $268,154Net Income 2024: $148,8302024Revenue 2025: $454,820Expenses 2025: $435,165Net Income 2025: $19,6552025

Highlighted filing

2015

Revenue$266,915
Expenses$238,034
Net Income$28,881
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Feb 24, 2016
Return Version
2014v6.0
Gross Receipts
$266,915
Mission and Program Overview

Mission

michigan delta foundation inc. is organized exclusively for charitable, educational, and scientific purposes as described in section 501(C)(7) of the internal revenue code (the "code") by providing educational support to members of the delta chapter of delta tau delta and in the ownership, operation, and maintenance of housing facilities near the University of michigan. Michigan Delta Foundation, Inc. will be tax exempt pursuant to section 501(c)(7) of the Internal Revenue Code and will conduct all activities incidental or necessary to achieve the foregoing purposes as permitted under Section 501(c)(7) of the Internal Revenue Code. No part of the Michigan Delta Foundation's earnings shall inure to the benefit of any private shareholder or individual and Michigan Delta Foundation, Inc. shall not attempt to influence legislation as substantial part of its activities and will not participate in any campaign activities for or against political candidates.

Providing a safe and clean fraternity house for rent to the chapter members of the delta tau delta chapter of the university of michigan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$192,177$219,325▲ $27,148
Savings and Temporary Cash Investments$98,872$115,522▲ $16,650
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-62,137$-33,256▲ $28,881
Total Assets$314,620$361,190▲ $46,570
Other Assets Total$23,571$26,343▲ $2,772
Liabilities
Mortgage Notes Payable Secured by Investment Property$341,126$323,274▼ $17,852
Other Liabilities$35,631$71,172▲ $35,541
Total Liabilities$376,757$394,446▲ $17,689
Net Assets / Fund Balance
Total Net Assets Fund Balance$-62,137$-33,256▲ $28,881
Total Liabilities and Net Assets / Fund Balance$314,620$361,190▲ $46,570

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$114,107$1,021$115,128
Land$89,857-$89,857
Other Land Buildings$15,361$7,117$22,478
Other Assets Org$26,343--
Compensation and Service Providers
Top Officer Pay92nd percentile

Board Members and Trustees

NameTitle
Allan P LutesChairman, Secretary and President
Brad ClingerBoard Member
Chris TzettzoBoard Member
Dana BaldwinBoard Member
Lenord JenawayBoard Member
Matt DowneyBoard Member
Robert BaldwinBoard Member
Julio DominguezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$550
Program Service Revenue
$266,187
Investment Income
$178
Other Revenue
$0
All Other Contributions
$550
Change in Net Assets
$28,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$238,034
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$152,921
Fees for Services Management---$25,383
Depreciation Depletion---$5,231
Fees for Services Accounting---$3,906
Conferences and Meetings---$1,100
Other Expenses---$596
Office Expenses---$240
Fees for Services Other---$40
Total Functional Expenses$0$0$0$238,034
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pre-paid Income$44,172
Security Deposit$27,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management of rental operations and financial reporting therefore has been delegated to alpha management group, a specialty property management firm serving the campus community.”

Form 990, Part VI, Section A, Line 6

“Members are initiated into the fraternity as per national.”

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

“Members in good standing of the fraternity elect the governing body.”

Form 990, Part VI, Section B, Line 11

“The treasurer reviews the form 990 prior to filing and provides a copy of the 990 to members of the governing body when requested.”

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

“At all board meetings any potential conflicts of interest are required to be brought forward before taking any votes. Any board member associated with the potential conflict abstains from voting.”

Form 990, Part VI, Section C, Line 19

“The governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Michigan Delta Foundation Inc
EIN
38-6104459
Phone
7349979777
Address
6921 JACKSON ROAD NO 100, ANN ARBOR, MI 48103

Signing Officer

Name
Allan P Lutes
Title
President
Phone
7349979777
Signed
2016-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allan P Lutes
Formed
1947
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Doeren Mayhew
Address
305 WEST BIG BEAVER ROAD, TROY, MI 48084
Preparer
Stephen R Mihalik CPA
Phone
2482443000
Raw XML Appendix330 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDING A SAFE AND CLEAN FRATERNITY HOUSE FOR RENT TO THE CHAPTER MEMBERS OF THE DELTA TAU DELTA CHAPTER OF THE UNIVERSITY OF MICHIGAN.
IRS990/AllOtherContributionsAmt0550
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0ALLAN LUTES
IRS990/BooksInCareOfDetail/PhoneNum07349979777
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06921 JACKSON ROAD STE 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0ANN ARBOR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048103
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt01100
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0550
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0178
IRS990/CYOtherExpensesAmt0238034
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0266187
IRS990/CYRevenuesLessExpensesAmt028881
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0238034
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0266915
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/TotalAmt05231
IRS990/Desc0RENTAL
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt03906
IRS990/FeesForServicesManagementGrp/TotalAmt025383
IRS990/FeesForServicesOtherGrp/TotalAmt040
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.20
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0ALLAN P LUTES
IRS990/Form990PartVIISectionAGrp/PersonNm1JULIO DOMINGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2MATT DOWNEY
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRIS TZETTZO
IRS990/Form990PartVIISectionAGrp/PersonNm4BRAD CLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT BALDWIN
IRS990/Form990PartVIISectionAGrp/PersonNm6DANA BALDWIN
IRS990/Form990PartVIISectionAGrp/PersonNm7LENORD JENAWAY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN, SECRETARY AND PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01947
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0266915
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0178
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0178
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08138
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0192177
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0219325
IRS990/LandBldgEquipCostOrOtherBssAmt0227463
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MICHIGAN DELTA FOUNDATION INC. IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES AS DESCRIBED IN SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE (THE "CODE") BY PROVIDING EDUCATIONAL SUPPORT TO MEMBERS OF THE DELTA CHAPTER OF DELTA TAU DELTA AND IN THE OWNERSHIP, OPERATION, AND MAINTENANCE OF HOUSING FACILITIES NEAR THE UNIVERSITY OF MICHIGAN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0341126
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0323274
IRS990/NetAssetsOrFundBalancesBOYAmt0-62137
IRS990/NetAssetsOrFundBalancesEOYAmt0-33256
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0152921
IRS990/OfficeExpensesGrp/TotalAmt0240
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt023571
IRS990/OtherAssetsTotalGrp/EOYAmt026343
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE EXPENSES
IRS990/OtherExpensesGrp/Desc1ALUMNI RELATIONS/EVENTS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt041576
IRS990/OtherExpensesGrp/TotalAmt17041
IRS990/OtherExpensesGrp/TotalAmt2596
IRS990/OtherLiabilitiesGrp/BOYAmt035631
IRS990/OtherLiabilitiesGrp/EOYAmt071172
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ALLAN P LUTES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1721310
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0219505
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt146682
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0219505
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt146682
IRS990/ProgSrvcAccomActy2Grp/Desc0FOOD SERVICE
IRS990/ProgSrvcAccomActy3Grp/Desc0ALUMNI RELATIONS
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010808
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0123
IRS990/PYOtherExpensesAmt0230907
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0282184
IRS990/PYRevenuesLessExpensesAmt062208
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0230907
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0293115
IRS990/ReconcilationRevenueExpnssAmt028881
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-62137
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-33256
IRS990/SavingsAndTempCashInvstGrp/BOYAmt098872
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0115522
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0114107
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01021
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0115128
IRS990ScheduleD/LandGrp/BookValueAmt089857
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt089857
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt026343
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROW ACCOUNT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015361
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07117
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022478
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt144172
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PRE-PAID INCOME
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0219325
IRS990ScheduleD/TotalBookValueOtherAssetsAmt026343
IRS990ScheduleD/TotalLiabilityAmt071172
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF RENTAL OPERATIONS AND FINANCIAL REPORTING THEREFORE HAS BEEN DELEGATED TO ALPHA MANAGEMENT GROUP, A SPECIALTY PROPERTY MANAGEMENT FIRM SERVING THE CAMPUS COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ARE INITIATED INTO THE FRATERNITY AS PER NATIONAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS IN GOOD STANDING OF THE FRATERNITY ELECT THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TREASURER REVIEWS THE FORM 990 PRIOR TO FILING AND PROVIDES A COPY OF THE 990 TO MEMBERS OF THE GOVERNING BODY WHEN REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AT ALL BOARD MEETINGS ANY POTENTIAL CONFLICTS OF INTEREST ARE REQUIRED TO BE BROUGHT FORWARD BEFORE TAKING ANY VOTES. ANY BOARD MEMBER ASSOCIATED WITH THE POTENTIAL CONFLICT ABSTAINS FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0314620
IRS990/TotalAssetsEOYAmt0361190
IRS990/TotalAssetsGrp/BOYAmt0314620
IRS990/TotalAssetsGrp/EOYAmt0361190
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0550
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0238034
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0376757
IRS990/TotalLiabilitiesEOYAmt0394446
IRS990/TotalLiabilitiesGrp/BOYAmt0376757
IRS990/TotalLiabilitiesGrp/EOYAmt0394446
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-62137
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-33256
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0266187
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0178
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0266187
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0266915
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0314620
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0361190
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06921 JACKSON RD
IRS990/USAddress/CityNm0ANN ARBOR
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048103
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALLAN P LUTES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07349979777
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MICHIGAN DELTA FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0386104459
ReturnHeader/Filer/PhoneNum07349979777
ReturnHeader/Filer/USAddress/AddressLine1Txt06921 JACKSON ROAD NO 100
ReturnHeader/Filer/USAddress/CityNm0ANN ARBOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382492570
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DOEREN MAYHEW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0305 WEST BIG BEAVER ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TROY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048084
ReturnHeader/PreparerPersonGrp/PhoneNum02482443000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN R MIHALIK CPA
ReturnHeader/ReturnTs02016-02-24T13:02:14-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-08-01
ReturnHeader/TaxPeriodEndDt02015-07-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$361,190
Liabilities
$394,446
Net assets
-$33,256
Revenue
$266,915
Expenses
$238,034
Net income
$28,881
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.96$0.73$8.24$4.55$4.35$0.20
2024Detailed filing. Detailed filing data is available for this year.$9.34$1.30$8.04$4.17$2.68$1.49
2023Detailed filing. Detailed filing data is available for this year.$8.20$1.64$6.55$4.28$2.58$1.69
2022Detailed filing. Detailed filing data is available for this year.$6.76$1.91$4.86$3.21$2.80$0.41
2021Detailed filing. Detailed filing data is available for this year.$6.67$2.22$4.45$3.01$2.51$0.49
2020Detailed filing. Detailed filing data is available for this year.$6.32$2.37$3.95$2.86$2.26$0.60
2019Detailed filing. Detailed filing data is available for this year.$5.97$2.62$3.35$3.15$2.05$1.10
2018Detailed filing. Detailed filing data is available for this year.$5.27$3.01$2.26$3.21$1.99$1.22
2017Detailed filing. Detailed filing data is available for this year.$4.62$3.59$1.04$3.55$2.73$0.82
2016Summary only. Only limited summary data is available for this year.$4.02$3.81$0.21$2.95$2.41$0.55
2015Detailed filing. Detailed filing data is available for this year.$3.61$3.94$0.33$2.67$2.38$0.29
2014Summary only. Only limited summary data is available for this year.$3.15$3.77$0.62$2.93$2.31$0.62
2013Summary only. Only limited summary data is available for this year.$2.58$4.01$1.44$0.44$0.00$0.44