Civic Intelligence

Pi Kappa Phi Properties Inc

990 • Fiscal year 2021 • EIN 59-6216310

Jul 01, 2020 to Jun 30, 2021 • Filed on Dec 20, 2021

Organization ProfileN/A
2015 Ayrsley Town Blvd No 200Charlotte, NC 28273

(704) 504-0888

Siviq Scores

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

Liabilities / Assets

96th percentile

0.81x

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

2021 filings • 501(c)7 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

3.62x

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

2021 filings • 501(c)7 • $25M-$50M nonprofits • Source year 2021

Net Margin

12th percentile

-18%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)7 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$222,878

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2021 filings • 501(c)7 • $25M-$50M nonprofits • Source year 2021

Asset Growth

18th percentile

0.2%

Faster asset growth than 18% of similar nonprofits.

2021 filings • 501(c)7 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

20th percentile

-1.5%

Faster revenue growth than 20% of similar nonprofits.

2021 filings • 501(c)7 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$34,772,740

Up $66,523 (+0.2%) from 2020

Net Assets

Down

$6,711,983

Down $1,362,472 (-17%) from 2020

Liabilities

Up

$28,060,757

Up $1,428,995 (+5.4%) from 2020

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin12th percentile

Revenue

Down

$7,753,647

Down $121,943 (-1.5%) from 2020

Expenses

Up

$9,116,119

Up $152,496 (+1.7%) from 2020

Net Income

Down

-$1,362,472

Down $274,439 (-25%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$40M$30M$20M$10M$0Assets 2011: $9,910,467Liabilities 2011: $5,956,154Net Assets 2011: $3,954,3132011Assets 2012: $10,395,202Liabilities 2012: $6,351,086Net Assets 2012: $4,044,1162012Assets 2013: $9,837,642Liabilities 2013: $5,668,244Net Assets 2013: $4,169,3982013Assets 2014: $12,053,447Liabilities 2014: $7,608,322Net Assets 2014: $4,445,1252014Assets 2015: $15,658,555Liabilities 2015: $10,701,360Net Assets 2015: $4,957,1952015Assets 2016: $20,961,336Liabilities 2016: $15,782,883Net Assets 2016: $5,178,4532016Assets 2017: $20,917,938Liabilities 2017: $15,514,392Net Assets 2017: $5,403,5462017Assets 2018: $32,017,059Liabilities 2018: $23,203,879Net Assets 2018: $8,813,1802018Assets 2019: $38,000,405Liabilities 2019: $28,837,917Net Assets 2019: $9,162,4882019Assets 2020: $34,706,217Liabilities 2020: $26,631,762Net Assets 2020: $8,074,4552020Assets 2021: $34,772,740Liabilities 2021: $28,060,757Net Assets 2021: $6,711,9832021Assets 2022: $36,157,884Liabilities 2022: $27,674,872Net Assets 2022: $8,483,0122022Assets 2023: $37,161,340Liabilities 2023: $27,545,797Net Assets 2023: $9,615,5432023

Highlighted filing

2021

Assets$34,772,740
Liabilities$28,060,757
Net Assets$6,711,983
Open 2021 Filing

Operations Trend

Revenue Growth20th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $1,580,7482011Expenses 2012: $1,806,5392012Expenses 2013: $2,209,1282013Revenue 2014: $2,568,107Expenses 2014: $2,292,380Net Income 2014: $275,7272014Revenue 2015: $3,313,634Expenses 2015: $2,801,564Net Income 2015: $512,0702015Revenue 2016: $4,286,266Expenses 2016: $4,065,008Net Income 2016: $221,2582016Revenue 2017: $5,014,462Expenses 2017: $4,789,369Net Income 2017: $225,0932017Revenue 2018: $9,350,222Expenses 2018: $5,940,589Net Income 2018: $3,409,6332018Revenue 2019: $7,866,223Expenses 2019: $7,516,914Net Income 2019: $349,3092019Revenue 2020: $7,875,590Expenses 2020: $8,963,623Net Income 2020: -$1,088,0332020Revenue 2021: $7,753,647Expenses 2021: $9,116,119Net Income 2021: -$1,362,4722021Revenue 2022: $10,688,194Expenses 2022: $8,917,165Net Income 2022: $1,771,0292022Revenue 2023: $10,389,522Expenses 2023: $9,260,074Net Income 2023: $1,129,4482023

Highlighted filing

2021

Revenue$7,753,647
Expenses$9,116,119
Net Income-$1,362,472
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 20, 2021
Return Version
2020v4.1
Gross Receipts
$7,782,073
Mission and Program Overview

Mission

Pi kappa phi properties, inc is organized for pleasure, recreation and other non-profit purposes. Specifically, pi kappa phi properties, inc.'s purpose is to provide housing and management expertise for local chapters of pi kappa phi fraternity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$26,799,035$29,473,274▲ $2,674,239
Other Notes and Loans Receivable, Net$1,984,836$2,660,268▲ $675,432
Cash and Non-Interest-Bearing Accounts$1,909,572$997,926▼ $911,646
Prepaid Expenses and Deferred Charges$28,092$151,772▲ $123,680
Accounts Receivable$348,607$135,763▼ $212,844
Savings and Temporary Cash Investments$6,620$6,620→ $0
Total Assets$34,706,217$34,772,740▲ $66,523
Other Assets Total$3,629,455$1,347,117▼ $2,282,338
Liabilities
Mortgage Notes Payable Secured by Investment Property$21,223,382$22,150,294▲ $926,912
Other Liabilities$2,929,705$2,887,005▼ $42,700
Unsecured Notes Loans Payable$2,038,520$2,808,532▲ $770,012
Accounts Payable and Accrued Expenses$351,549$129,957▼ $221,592
Deferred Revenue$88,606$84,969▼ $3,637
Total Liabilities$26,631,762$28,060,757▲ $1,428,995
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,074,455$6,711,983▼ $1,362,472
Total Net Assets Fund Balance$8,074,455$6,711,983▼ $1,362,472
Total Liabilities and Net Assets / Fund Balance$34,706,217$34,772,740▲ $66,523

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,632,979$4,668,182$22,301,161
Other Land Buildings$4,394,524$3,227,142$7,621,666
Land$7,273,219-$7,273,219
Equipment$172,552$287,731$460,283
Leasehold Improvements$0$9,021$9,021
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Anthony M NoceChairman
Benjamin B BushVice President-acquisition
John R Bradford IiiVice President-property Mgmt
Mark E TimmesCEO
Chet MirabalMember
Glen AspinwallMember
Greg LinderMember
I Timothy HancockMember
Jason SteinMember
Walter T WahlfeldtSecretary
Nick LinderTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,081,289
Investment Income
$146,417
Other Revenue
$525,941
Change in Net Assets
$-1,362,472
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,070,411
Salaries, Compensation, and Employee Benefits$1,045,708
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$1,514,687
All Other Expenses---$1,181,929
Interest---$1,070,037
Other Salaries and Wages---$941,183
Other Expenses---$392,899
Fees for Services Other---$137,300
Insurance---$115,939
Fees for Services Management---$114,599
Fees for Services Accounting---$75,734
Fees for Services Legal---$70,989
Other Employee Benefits---$49,114
Payroll Taxes---$38,643
Travel---$34,539
Information Technology---$31,686
Occupancy---$31,054
Pension Plan Contributions---$16,768
Office Expenses---$15,258
Advertising---$1,081
Total Functional Expenses$0$0$0$9,116,119
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
Deferred Gain$2,874,663
Gamma Delta Holding Account$18,940
Other Security Deposit$-6,598
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 35% controlled entity
No
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Prior to filing the form 990, the chief financial officer and chief executive officer of pi kappa phi properties conduct a detailed review of the tax return. A review list of any questions and comments is prepared and discussed with the tax return preparer. Upon satisfaction of any follow-up items, an electronic or hard copy of the final return is forwarded to each board member for review prior to filing with the irs.”

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

“Pi kappa phi properties requires each board member to reveal possible conflicts of interest in an annual disclosure statement.”

Form 990, Part VI, Section C, Line 19

“Tax return is available for review by written request to the organization.”

Filing and Contact Details

Filer

Filer Name
Pi Kappa Phi Properties Inc
EIN
59-6216310
Phone
7045040888
Address
2015 AYRSLEY TOWN BLVD NO 200, CHARLOTTE, NC 28273

Signing Officer

Name
Mark E Timmes
Title
CEO
Phone
7045040888
Signed
2021-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark E Timmes
Formed
1966
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
9
Volunteers
0

Preparer

Firm
Vance Flouhouse & Garges Pllc
Address
7725 BALLANTYNE COMMONS PKY STE103, CHARLOTTE, NC 28277
Preparer
Amanda R Melton
Phone
7043697200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Taxes 297,598. Lease expense 290,905. Equipment rental & maintenance 261,924. Other professional services 190,497. Miscellaneous 92,877. Closing costs 48,128.”

Form 990, Schedule D, Part X, Line 4

“During 2019, pi kappa phi properties sold two real estate properties. These properties were located in austin tx and los angeles ca. They were used directly in performing an exempt function and will be replaced by other properties that will be used directly in performing an exempt function. The purchase of the new properties is expected to happened within 3 years after the date of the sale of the properties. None of the gains of the sales of the real estate are recognized per irc section 512(a)(3)(d).”

Raw XML AppendixShowing 400 of 480 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.

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IRS990/OtherAssetsTotalGrp/EOYAmt01347117
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt049114
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/TotalAmt01337143
IRS990/OtherExpensesGrp/TotalAmt11145346
IRS990/OtherExpensesGrp/TotalAmt2800191
IRS990/OtherExpensesGrp/TotalAmt3392899
IRS990/OtherLiabilitiesGrp/BOYAmt02929705
IRS990/OtherLiabilitiesGrp/EOYAmt02887005
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0525941
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0525941
IRS990/OtherRevenueTotalAmt0525941
IRS990/OtherSalariesAndWagesGrp/TotalAmt0941183
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01984836
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02660268
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt038643
IRS990/PensionPlanContributionsGrp/TotalAmt016768
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028092
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0151772
IRS990/PrincipalOfficerNm0MARK E TIMMES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/Desc1MEAL PLAN
IRS990/ProgramServiceRevenueGrp/Desc2PARLOR FEES
IRS990/ProgramServiceRevenueGrp/Desc3CAMPAIGN/CONSTTRUCTION
IRS990/ProgramServiceRevenueGrp/Desc4LATE FESS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04768366
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11665597
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2618550
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt332528
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt417925
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04768366
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11665597
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2618550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt332528
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt417925
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt042342
IRS990/PYOtherExpensesAmt08040065
IRS990/PYOtherRevenueAmt0741153
IRS990/PYProgramServiceRevenueAmt07092095
IRS990/PYRevenuesLessExpensesAmt0-1088033
IRS990/PYSalariesCompEmpBnftPaidAmt0923558
IRS990/PYTotalExpensesAmt08963623
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07875590
IRS990/ReconcilationRevenueExpnssAmt0-1362472
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07753443
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06620
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06620
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt017632979
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04668182
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt022301161
IRS990ScheduleD/EquipmentGrp/BookValueAmt0172552
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0287731
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0460283
IRS990ScheduleD/LandGrp/BookValueAmt07273219
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07273219
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09021
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt09021
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04394524
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03227142
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07621666
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-6598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt118940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22874663
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GAMMA DELTA HOLDING ACCOUNT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED GAIN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029473274
IRS990ScheduleD/TotalLiabilityAmt02887005
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/HousingAllowanceOrResidenceInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt05000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0202649
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt015229
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARK E TIMMES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0222878
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE METHODS USED BY A RELATED ORGANIZATION TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR ARE AS FOLLOWS: WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FILING THE FORM 990, THE CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER OF PI KAPPA PHI PROPERTIES CONDUCT A DETAILED REVIEW OF THE TAX RETURN. A REVIEW LIST OF ANY QUESTIONS AND COMMENTS IS PREPARED AND DISCUSSED WITH THE TAX RETURN PREPARER. UPON SATISFACTION OF ANY FOLLOW-UP ITEMS, AN ELECTRONIC OR HARD COPY OF THE FINAL RETURN IS FORWARDED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PI KAPPA PHI PROPERTIES REQUIRES EACH BOARD MEMBER TO REVEAL POSSIBLE CONFLICTS OF INTEREST IN AN ANNUAL DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TAX RETURN IS AVAILABLE FOR REVIEW BY WRITTEN REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TAXES 297,598. LEASE EXPENSE 290,905. EQUIPMENT RENTAL & MAINTENANCE 261,924. OTHER PROFESSIONAL SERVICES 190,497. MISCELLANEOUS 92,877. CLOSING COSTS 48,128.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DURING 2019, PI KAPPA PHI PROPERTIES SOLD TWO REAL ESTATE PROPERTIES. THESE PROPERTIES WERE LOCATED IN AUSTIN TX AND LOS ANGELES CA. THEY WERE USED DIRECTLY IN PERFORMING AN EXEMPT FUNCTION AND WILL BE REPLACED BY OTHER PROPERTIES THAT WILL BE USED DIRECTLY IN PERFORMING AN EXEMPT FUNCTION. THE PURCHASE OF THE NEW PROPERTIES IS EXPECTED TO HAPPENED WITHIN 3 YEARS AFTER THE DATE OF THE SALE OF THE PROPERTIES. NONE OF THE GAINS OF THE SALES OF THE REAL ESTATE ARE RECOGNIZED PER IRC SECTION 512(A)(3)(D).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, SCHEDULE D, PART X, LINE 4
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PI KAPPA PHI FRATERNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0570340150
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FRATERNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02015 AYRSLEY TOWN BLVD STE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHARLOTTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028273
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt043366
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt198560
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PI KAPPA PHI FRATERNITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1PI KAPPA PHI FRATERNITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/StatesWhereCopyOfReturnIsFldCd1CA
IRS990/StatesWhereCopyOfReturnIsFldCd2AZ

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,772,740
Liabilities
$28,060,757
Net assets
$6,711,983
Revenue
$7,753,647
Expenses
$9,116,119
Net income
-$1,362,472
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$37.2$27.5$9.62$10.4$9.26$1.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.2$27.7$8.48$10.7$8.92$1.77
2021Detailed filing. Detailed filing data is available for this year.$34.8$28.1$6.71$7.75$9.12$1.36
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.7$26.6$8.07$7.88$8.96$1.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.0$28.8$9.16$7.87$7.52$0.35
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.0$23.2$8.81$9.35$5.94$3.41
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.9$15.5$5.40$5.01$4.79$0.23
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.0$15.8$5.18$4.29$4.07$0.22
2015Detailed filing. Detailed filing data is available for this year.$15.7$10.7$4.96$3.31$2.80$0.51
2014Detailed filing. Detailed filing data is available for this year.$12.1$7.61$4.45$2.57$2.29$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.84$5.67$4.17$2.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$6.35$4.04$1.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.91$5.96$3.95$1.58