2024-11-15T15:52:08-06:00 2023-12-31 640809101 HARPER RAINS KNIGHT & COMPANY PA 1052 HIGHLAND COLONY PKWY STE 100 RIDGELAND MS 39157 990 2023-01-01 474902884 ALUMNI ASSOCIATION OF ALPHA GAMMA OF CHI PSI ALUM 6014973147 PO BOX 1122 BIRMINGHAM AL 35201 DWIGHT YOUNG TREASURER 6014973147 2024-11-15 1 1 JOEY FLETCHER CPA P02465065 6016050722 2024-11-15 2023 2024-10-15 13:58:12Z DWIGHT YOUNG PO BOX 1122 BIRMINGHAM AL 35201 243044 0 X N/A X 1993 MS MANAGING REAL ESTATE AND PERSONAL PROPERTY AND FURNISHINGS FOR THE USE OF THE ALPHA GAMMA CHAPTER (THE CHAPTER) OF CHI PSI FRATERNITY AT THE UNIVERSITY OF MISSISSIPPI, A NON-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER CODE SECTION 501(C)(7) (THE FRATERNITY). 4 4 0 10 0 0 68027 836 87000 136438 46 0 4082 105770 159155 243044 0 0 0 0 0 0 0 0 0 175062 236156 175062 236156 -15907 6888 2436389 2397414 1536301 1490438 900088 906976 X CORPORATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER CODE SECTION 501(C)(7) (THE FRATERNITY). THE ASSOCIATION WILL COLLECT FEES FROM THE ACTIVE MEMBERS OF THE CHAPTER, OR OTHER LESSEES OF THE ASSOCIATION'S REAL ESTATE AND PROPERTY, WHICH IN TURN WILL BE USED TOWARD THE PAYMENT OF HOUSE OPERATING EXPENSES INCLUDING: INSURANCE, REAL ESTATE TAXES,CERTAIN UPKEEP AND MAINTENANCE COSTS, REPAIRS AND CAPITAL IMPROVEMENTS. THESE ACTIVITIES TAKE APPROXIMATELY 85 PERCENT OF THE ASSOCIATION'S TIME. THESE ACTIVITIES WILL BE CONDUCTED BY VOLUNTEERS OF THE ASSOCIATION. 0 0 236156 242208 THE ASSOCIATION LEASED AND MANAGED REAL ESTATE AND PERSONAL PROPERTY AND FURNISHINGS FOR THE USE OF THE ALPHA GAMMA CHAPTER (THE CHAPTER) OF CHI PSI FRATERNITY AT THE UNIVERSITY OF MISSISSIPPI, A NON-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER CODE SECTION 501(C)(7) (THE FRATERNITY). THE ASSOCIATION WILL COLLECT FEES FROM THE ACTIVE MEMBERS OF THE CHAPTER, OR OTHER LESSEES OF THE ASSOCIATION'S REAL ESTATE AND PROPERTY, WHICH IN TURN WILL BE USED TOWARD THE PAYMENT OF HOUSE OPERATING EXPENSES INCLUDING: INSURANCE, REAL ESTATE TAXES,CERTAIN UPKEEP AND MAINTENANCE COSTS, REPAIRS AND CAPITAL IMPROVEMENTS. THESE ACTIVITIES TAKE APPROXIMATELY 85 PERCENT OF THE ASSOCIATION'S TIME. THESE ACTIVITIES WILL BE CONDUCTED BY VOLUNTEERS OF THE ASSOCIATION. 236156 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MS X DWIGHT YOUNG 6014973147 2422 NORTHAMPTON DR HOOVER AL 35226 X DREW JACKSON PRESIDENT 1.00 X 0 0 0 SILAS BEEBE VICE-PRESIDENT 1.00 X 0 0 0 STEVE BARBER SECRETARY 1.00 X 0 0 0 DWIGHT YOUNG TREASURER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 836 836 RENTAL INCOME 532000 136438 136438 136438 INSURANCE PROCEEDS 900099 105770 105770 105770 243044 242208 0 0 1943 1943 67545 67545 78029 78029 11161 11161 REPAIRS AND MAINTENANCE 77203 77203 MISCELLANEOUS 275 275 236156 236156 0 0 34275 73329 2943530 677149 2337197 2266381 64917 57704 2436389 2397414 1492549 1446686 43752 43752 1536301 1490438 X 900088 906976 900088 906976 2436389 2397414 6888 0 X 0 0 0 2761834 495453 2266381 181696 181696 0 2266381 JOHNSON LOAN 13752 MEMBER LOAN 1 20000 MEMBER LOAN 2 10000 43752 FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION'S PRESIDENT HAS AN ACCOUNTING BACKGROUND AND MAINTAINS THE BOOKS. UPON RECEIPT OF THE COMPLETED 990, HE FORWARDS TO ALL MEMBERS FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION C, LINE 19 ASSOCIATION MAINTAINS POLICIES IN HOUSE