Civic Intelligence

Pi Kappa Phi Properties Inc

990 • Fiscal year 2023 • EIN 59-6216310

Jul 01, 2022 to Jun 30, 2023 • Filed on Dec 12, 2023

Organization ProfileN/A
2015 Ayrsley Town Blvd 200Charlotte, NC 28273

(704) 504-0888

Siviq Scores

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

Liabilities / Assets

97th percentile

0.74x

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

2023 filings • 501(c)7 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

2.65x

Higher debt load relative to revenue than 94% of similar nonprofits.

2023 filings • 501(c)7 • $25M-$50M nonprofits • Source year 2023

Net Margin

72nd percentile

11%

Higher net margin than 72% of similar nonprofits.

2023 filings • 501(c)7 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

11th percentile

$210,696

Higher top officer pay than 11% of similar nonprofits.

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

2023 filings • 501(c)7 • $25M-$50M nonprofits • Source year 2023

Asset Growth

38th percentile

2.8%

Faster asset growth than 38% of similar nonprofits.

2023 filings • 501(c)7 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-2.8%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)7 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets97th percentile

Assets

Flat

$37,161,340

Flat from 2023

Net Assets

Flat

$9,615,543

Flat from 2023

Liabilities

Flat

$27,545,797

Flat from 2023

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin72nd percentile

Revenue

Flat

$10,389,522

Flat from 2023

Expenses

Flat

$9,260,074

Flat from 2023

Net Income

Flat

$1,129,448

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth38th 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: $9,615,5432023Assets 2023: $37,161,340Liabilities 2023: $27,545,797Net Assets 2023: $9,615,5432023

Highlighted filing

2023

Assets$37,161,340
Liabilities$27,545,797
Net Assets$9,615,543
Open 2023 Filing

Operations Trend

Revenue Growth12th 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: $1,129,4482023Revenue 2023: $10,389,522Expenses 2023: $9,260,074Net Income 2023: $1,129,4482023

Highlighted filing

2023

Revenue$10,389,522
Expenses$9,260,074
Net Income$1,129,448
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Dec 12, 2023
Return Version
2022v5.0
Gross Receipts
$10,389,522
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$30,704,851$32,169,074▲ $1,464,223
Other Notes and Loans Receivable, Net$2,227,745$2,524,992▲ $297,247
Cash and Non-Interest-Bearing Accounts$1,550,058$880,494▼ $669,564
Accounts Receivable$293,690$304,927▲ $11,237
Prepaid Expenses and Deferred Charges$133,961$141,322▲ $7,361
Savings and Temporary Cash Investments$6,620$6,620→ $0
Total Assets$36,157,884$37,161,340▲ $1,003,456
Other Assets Total$1,240,959$1,133,911▼ $107,048
Liabilities
Mortgage Notes Payable Secured by Investment Property$22,257,604$24,731,251▲ $2,473,647
Unsecured Notes Loans Payable$2,243,074$2,498,218▲ $255,144
Accounts Payable and Accrued Expenses$183,348$179,381▼ $3,967
Deferred Revenue$95,173$77,537▼ $17,636
Other Liabilities$2,895,673$59,410▼ $2,836,263
Total Liabilities$27,674,872$27,545,797▼ $129,075
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,483,012$8,483,012→ $0
Total Net Assets Fund Balance$8,483,012$9,615,543▲ $1,132,531
Total Liabilities and Net Assets / Fund Balance$36,157,884$37,161,340▲ $1,003,456

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,805,732$6,432,811$27,238,543
Land$8,221,669-$8,221,669
Other Land Buildings$2,981,737$4,247,906$7,229,643
Equipment$159,936$365,332$525,268
Leasehold Improvements$0$9,021$9,021
Compensation and Service Providers
Top Officer Pay11th percentile

Employees

NameTitleBaseOtherTotal
Mark E TimmesCEO Emeritus$137,231$73,465$210,696
Jake HendersonCEO$168,029$6,059$174,088

Board Members and Trustees

NameTitle
Anthony M NoceChairman
Jason SteinVice Chairman - Constructi
Glenn AspinwallVice President-acquisition
John R Bradford IiiVice President-ilf
Brandon SorensenMember
Chet MirabalMember
David DaltonMember
Greg LinderMember
I Timothy HancockMember
Lee NicholsMember
Mke SullivanMember
Joe BradyNational Council Representative
Trey TiptonSecretary
Nicholas J LinderTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,885,027
Investment Income
$40,879
Other Revenue
$2,463,616
Change in Net Assets
$1,129,448

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported Amount
Real Estate Other$1,400,000
Total Noncash Contributions$1,400,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,145,825
Salaries, Compensation, and Employee Benefits$1,114,249
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$1,426,685
Other Salaries and Wages---$1,056,864
All Other Expenses---$862,778
Interest---$847,706
Other Expenses---$326,232
Fees for Services Management---$318,565
Insurance---$175,800
Fees for Services Other---$116,888
Fees for Services Accounting---$64,322
Information Technology---$39,277
Travel---$37,810
Payroll Taxes---$35,339
Occupancy---$19,465
Pension Plan Contributions---$12,226
Office Expenses---$10,568
Other Employee Benefits---$9,820
Fees for Services Legal---$5,139
Advertising---$1,010
Total Functional Expenses$0$0$0$9,260,074
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
Other Security Deposit$40,470
Gamma Delta Holding Account$18,940
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 executive officer of pi kappa phi properties conducts 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 200, CHARLOTTE, NC 28273

Signing Officer

Name
Jake Henderson
Title
CEO
Phone
7045040888
Signed
2023-12-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jake Henderson
Formed
1966
Legal Domicile
Fl
Voting Board Members
14
Independent Board Members
14
Employees
4
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 XI, LINE 9:

“Miscellaneous adjs 3,083.”

Raw XML AppendixShowing 400 of 528 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/InformationTechnologyGrp/TotalAmt039277
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InsuranceGrp/TotalAmt0175800
IRS990/InterestGrp/TotalAmt0847706
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt040879
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt040879
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0151
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011055070
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030704851
IRS990/LandBldgEquipBasisNetGrp/EOYAmt032169074
IRS990/LandBldgEquipCostOrOtherBssAmt043224144
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PI 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt022257604
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt024731251
IRS990/NetAssetsOrFundBalancesBOYAmt08483012
IRS990/NetAssetsOrFundBalancesEOYAmt09615543
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08483012
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08483012
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt019465
IRS990/OfficeExpensesGrp/TotalAmt010568
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01240959
IRS990/OtherAssetsTotalGrp/EOYAmt01133911
IRS990/OtherChangesInNetAssetsAmt03083
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09820
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/TotalAmt01765473
IRS990/OtherExpensesGrp/TotalAmt11196928
IRS990/OtherExpensesGrp/TotalAmt2931179
IRS990/OtherExpensesGrp/TotalAmt3326232
IRS990/OtherLiabilitiesGrp/BOYAmt02895673
IRS990/OtherLiabilitiesGrp/EOYAmt059410
IRS990/OtherRevenueMiscGrp/BusinessCd0900003
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02463616
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02463616
IRS990/OtherRevenueTotalAmt02463616
IRS990/OtherSalariesAndWagesGrp/TotalAmt01056864
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02227745
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02524992
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt035339
IRS990/PensionPlanContributionsGrp/TotalAmt012226
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0133961
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0141322
IRS990/PrincipalOfficerNm0JAKE HENDERSON
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/Desc3LATE FESS
IRS990/ProgramServiceRevenueGrp/Desc4CAMPAIGN/CONSTTRUCTION INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04875671
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12166825
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2769600
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt349020
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt423911
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04875671
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12166825
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2769600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt349020
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt423911
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt027881
IRS990/PYOtherExpensesAmt07677530
IRS990/PYOtherRevenueAmt02741658
IRS990/PYProgramServiceRevenueAmt07918655
IRS990/PYRevenuesLessExpensesAmt01771029
IRS990/PYSalariesCompEmpBnftPaidAmt01239635
IRS990/PYTotalExpensesAmt08917165
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010688194
IRS990/ReconcilationRevenueExpnssAmt01129448
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt010389522
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06620
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06620
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt020805732
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06432811
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt027238543
IRS990ScheduleD/EquipmentGrp/BookValueAmt0159936
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0365332
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0525268
IRS990ScheduleD/LandGrp/BookValueAmt08221669
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08221669
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09021
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt09021
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02981737
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04247906
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07229643
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040470
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt118940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GAMMA DELTA HOLDING ACCOUNT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032169074
IRS990ScheduleD/TotalLiabilityAmt059410
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/HousingAllowanceOrResidenceInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0137231
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1168029
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount048500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt024965
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt16059
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARK E TIMMES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JAKE HENDERSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO EMERITUS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0210696
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1174088
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
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
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt01400000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FILING THE FORM 990, THE CHIEF EXECUTIVE OFFICER OF PI KAPPA PHI PROPERTIES CONDUCTS 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.

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,161,340
Liabilities
$27,545,797
Net assets
$9,615,543
Revenue
$10,389,522
Expenses
$9,260,074
Net income
$1,129,448
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$37.2$27.5$9.62$10.4$9.26$1.13
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
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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