2024-04-09T11:33:51-05:00 2023-05-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2022-06-01 300174261 TAU KAPPA EPSILON FRATERNITY INC TAUK 3178726533 7439 WOODLAND DRIVE INDIANAPOLIS IN 46278 BRETT WIDNER CHIEF FINANCIAL OFFICER 3178726533 2024-04-01 1 BRETT WIDNER 999009999 0 SCOTT A SCHUSTER P00019243 3175802000 2024-04-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRETT WIDNER 7439 WOODLAND DRIVE INDIANAPOLIS IN 46278 7339775 0 4275 X WWW.TKE.ORG X 1899 IN THE MISSION IS TO AID MEN IN THEIR MENTIAL, MORAL AND SOCIAL DEVELOPMENT FOR LIFE. THE FRATERNITY WAS ESTABLISHED TO CONTRIBUTE TO THE ADVANCEMENT OF SOCIETY THROUGH THE PERSONAL GROWTH OF OUR MEMBERS AND SERVICE TO OTHERS. THE FRATERNITY HAS 225 ACTIVE CHAPTERS AND EMERGING CHAPTERS LOCATED THROUGHOUT THE UNITED STATES AND CANADA. EACH CHAPTER IS A SEPARATE ENTITY HAVING ITS OWN CONSTITUTION AND BYLAWS. 13 13 24 2167 372713 45023 220000 395000 4349432 4875146 230636 96049 258472 327129 5058540 5693324 0 0 0 0 2122593 2196223 0 0 0 2606131 3600797 4728724 5797020 329816 -103696 5851438 6866705 1838095 3063238 4013343 3803467 X THE MISSION IS TO AID MEN IN THEIR MENTIAL, MORAL AND SOCIAL DEVELOPMENT FOR LIFE. THE FRATERNITY WAS ESTABLISHED TO CONTRIBUTE TO THE ADVANCEMENT OF SOCIETY THROUGH THE PERSONAL GROWTH OF OUR MEMBERS AND SERVICE TO OTHERS. THE FRATERNITY HAS 225 ACTIVE CHAPTERS AND EMERGING CHAPTERS LOCATED THROUGHOUT THE UNITED STATES AND CANADA. EACH CHAPTER IS A SEPARATE ENTITY HAVING ITS OWN CONSTITUTION AND BYLAWS. 0 0 MEMBER SERVICES - MEMBER AND CHAPTER ASSISTANCE AMONG THE UNIVERSITY CAMPUSES TO PROMOTE THE FRATERNAL SPIRIT OF ITS MEMBERS. HOUSE FUND - TO PROVIDE SUPPORT TO CHAPTERS FOR HOUSING-RELATED NEEDS. EDUCATIONAL AND LEADERSHIP PROGRAMS - CONDUCT EDUCATIONAL AND LEADERSHIP PROGRAMS BENEFITING UNDERGRADUATE AND ALUMNI MEMBERS. 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 15 0 1 24 1 1 1 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 IN X BRETT WIDNER 3178726533 7439 WOODLAND DRIVE INDIANAPOLIS IN 46278 RYAN VESCIO ESQ GRAND PRYTANIS 1.00 X X 0 0 0 MICHAEL MCEVILLY GRAND EPIPRYTANIS 1.00 X X 0 0 0 JAMES JOHNSTON GRAND GRAMMATEUS 1.00 X X 0 0 0 ERICH PLOOG GRAND CRYSOPHYLOS 1.00 X X 0 0 0 MICHAEL BEALS GRAND CRYSOPHYLOS 1.00 X 0 0 0 ROBERT GUARINI GRAND HISTOR 1.00 X 0 0 0 SHIMUL MEHTA GRAND HISTOR 1.00 X 0 0 0 EDWARD DAIZOVI GRAND HYPOPHETES 1.00 X 0 0 0 ANTHONY CLEMENS GRAND HYPOPHETES 1.00 X 0 0 0 JOHN FABSITS GRAND PYLORTES 1.00 X 0 0 0 COLE CONNER GRAND HEGEMON 1.00 X 0 0 0 ALEX RUDLOFF AT LARGE MEMBER 1.00 X 0 0 0 CHUCK WHITTINGTON AT LARGE MEMBER 1.00 X 0 0 0 DONALD ALDRICH CEO 40.00 X 325710 0 25039 BRETT WIDNER CFO 40.00 X 121092 0 3894 GREG ROSKOPF CHIEF RISK OFFICER 40.00 X 108750 0 14092 555552 0 43025 3 0 1 0 0 395000 395000 MEMBERSHIP DUES 813410 2375777 2375777 RISK MANAGEMENT FEES 813410 1209111 1209111 LEADERSHIP SERVICES AND CONFERENC 813410 863732 863732 REIMBURSEMENT INCOME 813410 253217 253217 CHAPTER ASSESSMENT FEES 813410 114300 114300 59009 59009 4875146 129832 129832 198156 198156 163199 130714 32485 32485 32485 1481954 1515737 -33783 -33783 -33783 INCOME FROM K-1 524298 46023 46023 50465 50465 96488 5693324 4925611 372713 0 584628 1209644 301438 100513 1329 18100 8633 92422 191704 71157 114766 1045596 584064 17044 922845 UBI TAX 12182 BAD DEBT EXP 130000 MEMBER PARAPHERNALIA 116947 BUILDING EXP AND MAINTE 103030 170978 5797020 1106309 833523 85965 217286 800081 641659 1688031 1546278 116429 141753 3337024 3427613 340216 340216 65414 1264655 5851438 6866705 414361 476785 362900 142246 1060834 2444207 1838095 3063238 X 4013343 3803467 4013343 3803467 5851438 6866705 X -103696 -90518 -15662 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 544814 480426 64388 1143217 1065852 77365 141753 DUE FROM TKE EDUCATIONAL FOUNDATION 73023 RIGHT OF USE ASSET 1191632 1264655 ESCROW DEPOSITS 980183 RISK MANAGEMENT SELF INSURANCE RESERVE 236817 TENANT SECURITY DEPOSITS 3770 CAPITAL LEASE PAYABLE 1223437 2444207 X 5709225 -90518 130714 40196 5669029 8633 15662 24295 5693324 5919101 130714 130714 5788387 8633 8633 5797020 PART X, LINE 2: THE FRATERNITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE HOUSING FUND IS REPORTED AS A DISREGARDED ENTITY FOR TAX PURPOSES. THE FRATERNITY IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME TAX EXPENSE DURING THE YEARS ENDED MAY 31, 2023 AND 2022 WAS APPROXIMATELY $12,100 AND $15,800, RESPECTIVELY, RELATED TO INCOME FROM THE FRATERNITY'S INVESTMENT IN JAMES R. FAVOR AND COMPANY, LLC. THE FRATERNITY FILES U.S. FEDERAL, ILLINOIS, INDIANA, AND COLORADO INFORMATION AND TAX RETURNS. THE FRATERNITY IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED MAY 31, 2020. MANAGEMENT BELIEVES THAT THE FRATERNITY'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN MATERIAL CHANGE. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 130,714. PART XI, LINE 4B - OTHER ADJUSTMENTS: K-1 INCOME 15,662. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 130,714. X 0 0 0 DONALD ALDRICH CEO 274960 0 50750 0 0 0 10947 0 14092 0 350749 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDPENDENT CPA FIRM WITH INFORMATION PROVIDED BY THE ORGANIZATION. THE FORM 990 GOES THROUGH A REVIEW PROCESS TO ENSURE IT IS COMPLETED ACCURATELY. THE FINAL DRAFT FORM IS RETURNED TO THE ORGANIZATION WHERE SENIOR EXECUTIVE MANAGEMENT AND MEMBERS OF THE FINANCIAL TEAM REVIEW THE DOCUMENT. THE FINANCE COMMITTEE APPROVES THE FORM 990 AS THEY ARE DELEGATED WITH THE AUTHORITY BY THE BOARD OF DIRECTORS. PRIOR TO FILING, THE APPROVED DRAFT RETURN IS CIRCULATED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A CONFLICT OF INTEREST STATEMENT. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST TO THE DIRECTORS. BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE BOARD REVIEWS THE CEO'S SALARY, WHICH IS BASED UPON THE SALARY LEVEL OF EXECUTIVE DIRECTORS IN SIMILAR ORGANIZATIONS WITH COMMENSURATE EXPERIENCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: BOOK/TAX DIFFERENCE ON K-1 INCOME -15,662. FORM 990, PART XII LINE 2C THERE HAS BEEN NO CHANGE IN OVERSIGHT OF AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT FROM THE PRIOR YEAR. FORM 990 PART IX: TAU KAPPA EPSILON FRATERNITY INC. ADMINISTERS THE PAYROLL OF TKE EDUCATIONAL FOUNDATION INC. THE FOUNDATION REIMBURSES THE FRATERNITY FOR ITS ALLOCABLE SHARE OF THE COSTS. TKE HOUSING CORPORATION LLC 7439 WOODLAND DRIVE INDIANAPOLIS IN 46278 261347475 ADMINISTER THE HOUSE FUND OF TKE FRATERNITY IN 100546 2426189 TAU KAPPA EPSILON FRATERNITY INC KCL PROPERTIES LLC 7439 WOODLAND DRIVE INDIANAPOLIS IN 46278 261347279 MANAGE THE INTELLECTUAL PROPERTY OF TKE FRATERNITY IN 501(C)(2) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0