2023-11-15T16:26:13-06:00 2022-12-31 640809101 HARPER RAINS KNIGHT & COMPANY PA 1052 HIGHLAND COLONY PARKWAY STE 100 RIDGELAND MS 39157 990 2022-03-26 474902884 ALUMNI ASSOCIATION OF ALPHA GAMMA OF CHI PSI ALUM 6014973147 PO BOX 1122 BIRMINGHAM AL 35201 DWIGHT YOUNG TREASURER 6014973147 2023-11-15 1 DWIGHT YOUNG 999009999 0 JOEY FLETCHER CPA P02465065 6016050722 2023-11-15 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X DWIGHT YOUNG PO BOX 1122 BIRMINGHAM AL 35201 159155 0 X N/A X 1993 MS THE PURPOSES FOR WHICH THE ASSOCIATION WAS FORMED INCLUDE PROCURING, OWNING, LEASING AND 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). 9 9 0 10 0 0 68027 87000 46 4082 159155 0 0 0 0 0 175062 175062 -15907 2496177 2436389 1580182 1536301 915995 900088 X THE PURPOSES FOR WHICH THE ASSOCIATION WAS FORMED INCLUDE PROCURING, OWNING, LEASING AND 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). 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 175062 91082 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. 175062 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 9 9 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X DWIGHT YOUNG 6014973147 2422 NORTHAMPTON DR HOOVER AL 35226 X DAVID SPEAR MEMBER 1.00 X 0 0 0 ZEBULON WINSTEAD MEMBER 1.00 X 0 0 0 JON HORTON MEMBER 1.00 X 0 0 0 JOHN HUGHEY MEMBER 1.00 X 0 0 0 MICHAEL KNEE MEMBER 1.00 X 0 0 0 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 10323 57704 68027 RENTAL INCOME 532000 87000 87000 87000 46 46 INSURANCE CLAIM 900099 4082 4082 4082 159155 91082 0 46 2437 2437 425 425 3302 3302 69579 69579 64527 64527 REPAIRS AND MAINTENANCE 22306 22306 JANITORIAL 11563 11563 LANDSCAPING 482 482 MISCELLANEOUS EXPENSES 441 441 175062 175062 0 0 29536 34275 2943530 606333 2396211 2337197 70430 64917 2496177 2436389 52 0 1536378 1492549 43752 43752 1580182 1536301 X 915995 900088 915995 900088 2496177 2436389 -15907 0 X 0 0 0 2761834 424637 2337197 181696 181696 0 2337197 JOHNSON LOAN 13752 MEMBER LOAN 1 20000 MEMBER LOAN 2 10000 43752 FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION'S TREASURER 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.