2019-02-12T15:25:03-06:00 2018-05-31 351178661 BLUE & CO LLC 12800 N MERIDIAN STREET SUITE 400 CARMEL IN 46032 990 2017-06-01 352103442 ALPHA XI DELTA NATIONAL HOUSING CORPORATION ALPH 3178723500 8702 FOUNDERS ROAD INDIANAPOLIS IN 46268 ELYSIA BALSTER GALLIVAN NATIONAL EXECUTIVE DIRECTOR 3178723500 2019-02-10 1 ANGELA N CRAWFORD CPA P00573197 3178488920 2019-02-10 184.170.167.152 2019-02-10 21:06:23 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 38D9E49CC0CA71BE8938C550DFC6219FF2DB8390 2017 2019-02-21 02:37:17Z ELYSIA BALSTER GALLIVAN 8702 FOUNDERS ROAD INDIANAPOLIS IN 46268 2919334 0 X WWW.ALPHAXIDELTA.ORG X 1999 IN THE MISSION OF THE ALPHA XI DELTA NATIONAL HOUSING CORPORATION IS TO STRIVE FOR COMPETITIVE, SAFE, PROPERLY MAINTAINED AND FINANCIALLY SECURE CHAPTER HOUSING. ALPHA XI DELTA'S NHC:-SUPPORTS THE FRATERNITY, THE LOCAL CORPORATION BOARDS AND THE COLLEGIATE CHAPTERS.-COLLABORATES WITH THE FRATERNITY, THE LOCAL CORPORATION BOARDS, THE COLLEGIATE CHAPTERS, THE NATIONAL PANHELLENIC CONFERENCE AND UNIVERSITIES ON HOUSING ISSUES.-COUNSELS THE FRATERNITY ON FRATERNITY-OWNED PROPERTIES AND ADMINISTRATION OF THE NATIONAL HOUSING FUND. 5 5 1 5 1230 0 864501 1362289 0 1546350 0 1230 0 9465 864501 2919334 0 0 0 0 0 37880 0 0 0 31993 1544127 31993 1582007 832508 1337327 2841289 5520582 2008781 3350747 832508 2169835 X THE MISSION OF THE ALPHA XI DELTA NATIONAL HOUSING CORPORATION IS TO STRIVE FOR COMPETITIVE, SAFE, PROPERLY MAINTAINED AND FINANCIALLY SECURE CHAPTER HOUSING. ALPHA XI DELTA'S NHC:-SUPPORTS THE FRATERNITY, THE LOCAL CORPORATION BOARDS AND THE COLLEGIATE CHAPTERS.-COLLABORATES WITH THE FRATERNITY, THE LOCAL CORPORATION BOARDS, THE COLLEGIATE CHAPTERS, THE NATIONAL PANHELLENIC CONFERENCE AND UNIVERSITIES ON HOUSING ISSUES.-COUNSELS THE FRATERNITY ON FRATERNITY-OWNED PROPERTIES AND ADMINISTRATION OF THE NATIONAL HOUSING FUND. 0 0 ALPHA XI DELTA NATIONAL HOUSING CORPORATION (THE "NHC") IS USED TO MANAGE THE PROPERTIES OF ALPHA XI DELTA FRATERNITY. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 0 0 0 0 IN CA X THE ORGANIZATION 3178723500 8702 FOUNDERS ROAD INDIANAPOLIS IN 46268 FATIMA JOHNSON PRESIDENT 1.00 X X 0 0 0 RACHEL WHITE TREASURER 1.00 X X 0 0 0 MEGAN MELLOY SECRETARY 1.00 X X 0 0 0 ERIN MACDONALD PECK DIRECTOR 1.00 X 0 0 0 MICAELA ISLER NATIONAL VP 1.00 X X 0 0 0 ELYSIA BALSTER GALLIVAN NATIONAL EXEC. DIRECTOR 10.00 30.00 X 0 106173 3476 LORI HOLT DIRECTOR OF FINANCE 4.00 36.00 X 0 70128 12798 0 176301 16274 0 0 0 0 0 1362289 812655 1362289 ROOM & BOARD 531110 1140487 1140487 PARLOR/LIVE-OUT FEE 531390 252537 252537 EMPTY BED FEE 531390 94417 94417 FACILITY FEE REVENUE 531390 52750 52750 OTHER HOUSING INCOME 531390 6159 6159 1546350 1230 1230 OTHER INCOME 900099 9465 9465 9465 2919334 1555815 1230 0 33568 4312 53411 2577 29303 14330 8240 450222 307520 FOOD SERVICE/MEALS 448234 REPAIRS & MAINTENANCE 115156 SALARY AND PAYROLL REIM 80734 SUPPLIES 13305 21095 1582007 376973 859462 8694 41580 5631501 1205615 2425119 4425886 39197 36378 0 148582 2841289 5520582 31636 2008781 2434989 0 884122 2008781 3350747 X 832508 2169835 832508 2169835 2841289 5520582 1337327 0 X 0 1 X 1 0 599995 599995 5031506 1205615 3825891 4425886 SECURITY DEPOSITS 61771 DUE TO RELATED PARTY 822351 884122 X PART X, LINE 2: THE NOTE TO THE CONSOLIDATED FINANCIAL STATEMENTS READS AS FOLLOWS: THE FRATERNITY AND THE NHC ARE EACH ORGANIZED AS NOT-FOR-PROFIT CORPORATIONS AND HAVE OBTAINED EXEMPTION FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE LAWS. THE EXEMPTION IS ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME. AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION IS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. INCOME EARNED FROM NON-MEMBERS IS RECOGNIZED AS UNRELATED BUSINESS INCOME TO THE EXTENT SUCH INCOME IS NOT SET ASIDE. INCOME THAT IS PROPERLY SET ASIDE MUST BE USED FOR THE QUALIFYING PURPOSES OUTLINED IN THE SET ASIDE RESOLUTION. NEITHER THE FRATERNITY NOR THE NHC PAID UNRELATED BUSINESS INCOME TAX IN THE YEARS ENDED MAY 31, 2018 AND 2017. THE ACTIVITIES OF SJSU, CORNELL, WISCONSIN, UNH, AND OSHKOSH ARE EXEMPT AS PROGRAMS UNDER THE NHC'S NOT-FOR PROFIT EXEMPTION AND ARE INCLUDED IN THE INCOME TAX FILINGS OF THE NHC. THE EXEMPTION IS ON ALL REVENUE EXCEPT UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND TO RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY BOTH THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF MAY 31, 2018 AND 2017, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FRATERNITY AND NHC HAVE FILED THEIR FEDERAL AND STATE INCOME TAX RETURNS FOR PERIODS THROUGH MAY 31, 2017. INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). X 3 2182860 NET BOOK VALUE X ASSETS & LIABILITIES TURNED OVER TO NHC 3 -1370205 NET BOOK VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE MANAGEMENT TEAM. THE RETURN IS DISTRIBUTED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FORMS ARE COLLECTED, KEPT ON FILE, AND INDIVIDUALS ARE ASKED TO RECUSE THEMSELVES FROM A VOTE IF IT IS A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 KEPT ON FILE. AVAILABLE UPON REQUEST. 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