2022-04-07T10:18:42-05:00 2021-05-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2020-06-01 300174261 TAU KAPPA EPSILON FRATERNITY INC TAUK 3178726533 7439 WOODLAND DRIVE INDIANAPOLIS IN 46278 BRETT A WIDNER CHIEF FINANCIAL OFFICER 3178726533 2022-03-30 1 BRETT WIDNER 999009999 SCOTT A SCHUSTER P00019243 3175802000 2022-03-30 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z BRETT A WIDNER 7439 WOODLAND DRIVE INDIANAPOLIS IN 46278 5865531 0 4275 X WWW.TKE.ORG X 1899 IN 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 232 ACTIVE CHAPTERS AND COLONIES LOCATED THROUGHOUT THE UNITED STATES AND CANADA. EACH CHAPTER IS A SEPARATE ENTITY HAVING ITS OWN CONSTITUTION AND BYLAWS. 11 11 32 2122 345179 40988 281000 50000 4911602 3814577 41524 117641 324453 232270 5558579 4214488 0 0 0 0 2530610 2306215 0 0 0 3479255 2679324 6009865 4985539 -451286 -771051 5941686 6073760 1554012 1902022 4387674 4171738 X 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 232 ACTIVE CHAPTERS AND COLONIES 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 1 0 0 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 25 0 1 32 1 1 1 0 0 0 0 0 0 0 0 0 X 11 11 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 DR JAMES HICKEY GRAND PRYTANIS 1.00 X X 0 0 0 TED BERESWILL GRAND EPIPRYTANIS 1.00 X X 0 0 0 RYAN VESCIO ESQ GRAND GRAMMATEUS 1.00 X X 0 0 0 MICHAEL BEALS GRAND CRYSOPHYLOS 1.00 X 0 0 0 ROB GUARINI GRAND HISTOR 1.00 X 0 0 0 ANTHONY CLEMENS GRAND HYPOPHETES 1.00 X 0 0 0 JIM JOHNSTON GRAND PYLORTES 1.00 X 0 0 0 MIKE MCEVILLY GRAND HEGEMON 1.00 X 0 0 0 ERICH PLOOG AT LARGE MEMBER 1.00 X 0 0 0 JONATHAN FITZGERALD AT LARGE MEMBER 1.00 X 0 0 0 COLE CONNER COLLEGIATE ADVISORY COMMIT 1.00 X 0 0 0 DONALD ALDRICH CEO 40.00 X 263901 0 69241 BRETT WIDNER CFO 40.00 X 111248 0 4450 375149 0 73691 2 0 1 0 0 50000 50000 MEMBERSHIP DUES 813410 1998599 1998599 RISK MANAGEMENT FEES 813410 1212176 1212176 REIMBURSEMENT INCOME 813410 487682 487682 CHAPTER ASSESSMENT FEES 813410 116120 116120 3814577 98434 98434 165763 165763 175744 155957 19787 19787 19787 1514293 1495086 19207 19207 19207 INCOME FROM K-1 524298 41988 41988 4732 4732 46720 4214488 3819309 345179 0 450275 1447834 275796 132310 15607 22725 8303 64466 133404 76163 117504 27769 34540 32045 1457038 TAX EXPENSE 13722 BAD DEBT EXP 377650 MEMBER PARAPHERNALIA 78595 BUILDING EXP AND MAINTE 76025 143768 4985539 1032106 815512 292435 142913 579940 589512 1630787 1436192 279667 194595 3286870 3964302 340216 340216 130452 26710 5941686 6073760 351781 406454 94859 188516 1107372 1307052 1554012 1902022 X 4387674 4171738 4387674 4171738 5941686 6073760 X -771051 572938 -17823 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 496214 420050 76164 1134573 1016142 118431 194595 340216 C 340216 ESCROW DEPOSITS 988567 RISK MANAGEMENT SELF INSURANCE RESERVE 314715 TENANT SECURITY DEPOSITS 3770 1307052 X 4917257 572938 155957 728895 4188362 8303 17823 26126 4214488 5133193 155957 155957 4977236 8303 8303 4985539 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, 2021 AND 2020 WAS APPROXIMATELY $13,700 AND $3,200, RESPECTIVELY, RELATED TO INCOME FROM THE FRATERNITY'S INVESTMENT IN JAMES R. FAVOR AND COMPANY, LLC. THE FRATERNITY FILES U.S. FEDERAL, 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, 2018. 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 155,957. PART XI, LINE 4B - OTHER ADJUSTMENTS: K-1 INCOME 17,823. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 155,957. X 0 0 0 DONALD ALDRICH CEO 263901 0 0 0 0 0 60830 0 8411 0 333142 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 ORGANIZATION'S FINANCE GROUP IS RESPONSIBLE FOR GATHERING THE KEY COMPONENTS AND SUPPORTING SCHEDULE INFORMATION FOR THE FORM 990. THE ORGANIZATION'S AUDIT FIRM OF INDEPENDENT PUBLIC ACCOUNTANTS ASSISTS IN THE PREPARATION OF THE FORM 990 AND THEN IT GOES THROUGH A REVIEW PROCESS TO ENSURE IT IS COMPLETED ACCURATELY. THE FINAL DRAFT FORM 990 IS RETURNED TO THE ORGANIZATION WHERE SENIOR EXECUTIVE MANAGEMENT AND MEMBERS OF THE FINANCIAL TEAM REVIEW THE DOCUMENT. THE FINANCE COMMITTEE RECEIVES A COPY OF THE DRAFT RETURN FOR ITS FORMAL REVIEW OF CONTENT AND RESPONSES INCLUDED IN THE FORM 990. THE FINANCE COMMITTEE APPROVES THE FORM 990 AS 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 -17,823. 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 52620 2502065 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