Gamma Phi Chapter Of Alpha Gamma Delta Frat House Assoc Inc in Decatur, Georgia (GA)

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Gamma Phi Chapter Of Alpha Gamma Delta Frat House Assoc Inc
Employer Identification Number (EIN)581801729
Name of OrganizationGamma Phi Chapter Of Alpha Gamma Delta Frat House Assoc Inc
Address61 Sycamore Sta, Decatur, GA 30030-2765
ActivitiesFraternity or sorority
SubsectionTitle Holding Corporation
Ruling Date12/1988
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period05/2012
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,378,764
Amount of Income$219,124
Form 990 Revenue Amount$-12,223


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Financial snapshot ($)

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$-12,223
Contributions, Gifts, Grants and Other Similar Amounts$128,306
Program Service Revenue$90,754
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$64
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-231,347
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $231,347
Gain or (loss) (Securities / Other)$0 / $-231,347
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$56,070
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$56,070
Balance Sheet (for 2012)
Total assets$1,378,764
Total liabilities$975,214
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$975,214
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$403,550
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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