Phi Delta Chi Pharmacy Fraternity Inc in South Lyon, Michigan (MI)

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Phi Delta Chi Pharmacy Fraternity Inc
Employer Identification Number (EIN)311577766
Name of OrganizationPhi Delta Chi Pharmacy Fraternity Inc
Address116 N Lafayette, South Lyon, MI 48178-1489
ActivitiesFraternity or sorority
SubsectionBoard of Trade
Ruling Date03/1998
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2012
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$509,360
Amount of Income$509,706
Form 990 Revenue Amount$454,699


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Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
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 2011)
Total revenue$364,010
Contributions, Gifts, Grants and Other Similar Amounts$4,619
Program Service Revenue$316,023
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$495
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$12,829
Gross sales of inventory, less returns and allowances$63,654
Less: cost of goods sold$50,825
Miscellaneous Revenue$30,044
Statement of Functional Expenses (for 2011)
Total functional expenses$262,424
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$262,424
Balance Sheet (for 2011)
Total assets$438,974
Total liabilities$20,226
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$20,226
Total net assets or fund balances$418,748
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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