2014-02-26T16:11:32-06:00 2013-05-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 462400857 990 2012-06-01 300174261 TAU KAPPA EPSILON FRATERNITY INC TAUK 3178726533 7439 WOODLAND DRIVE SUITE 100 INDIANAPOLIS IN 46278 THOMAS L CARTER 3178726533 2014-02-20 1 SCOTT A SCHUSTER P00019243 3175802000 2014-02-20 2012 2015-11-30 17:44:51Z THOMAS L CARTER 7439 WOODLAND DRIVE SUITE 100 INDIANAPOLIS IN 46278 6521381 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 278 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 41 750 245950 15388 130000 125000 5404061 5193113 -8868 39055 196620 228931 5721813 5586099 0 0 0 0 2274632 2204368 0 0 0 3815370 3039905 6090002 5244273 -368189 341826 4216932 4888136 2025713 2145493 2191219 2742643 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 283 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 16 0 1 41 1 1 1 0 0 0 0 1260406 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 IN X THOMAS CARTER 3178726533 7439 WOODLAND DRIVE INDIANAPOLIS IN 46278 EDMUND MOY 1.00 X X 0 0 0 BOB BARR 1.00 X X 0 0 0 FREDRICK JACOBI 1.00 X X 0 0 0 RODNEY TALBOT 1.00 X 0 0 0 CHRIS HANSON 1.00 X 0 0 0 DR JAMES HICKEY 1.00 X 0 0 0 ROB JEFFERIS 1.00 X 0 0 0 BRIAN MONTGOMERY 1.00 X 0 0 0 DR GREG GEOFFROY 1.00 X 0 0 0 ANTHONY CLEMENS 1.00 X 0 0 0 SEAN FINN 1.00 X 0 0 0 SHAWN BABINE 40.00 X 83213 0 2400 THOMAS CARTER 40.00 X 86531 0 4800 LOUIS LEBLANC 40.00 X 102761 0 8143 JOHN DECKARD 40.00 X 119524 0 5269 STEVEN RAMOS 40.00 X 176146 0 0 568175 0 20612 3 1 1 0 0 125000 125000 MEMBERSHIP DUES 900099 2586145 2586145 RISK MANAGEMENT FEES 900099 1617922 1617922 REIMBURSEMENT INCOME 900099 464860 464860 LEADERSHIP CONFERENCE 900099 291946 291946 CHAPTER ASSESSMENT FEE 900099 190320 190320 41920 41920 5193113 19598 19598 131501 131501 172117 93654 78463 78463 78463 136461 724624 160430 681198 -23969 43426 19457 16388 3069 OTHER INCOME 900099 18967 18967 18967 5586099 5212080 245950 3069 441874 1314437 303562 144495 14440 18774 195056 52253 180000 528160 391445 51221 63510 832040 BAD DEBT EXP 280528 MEMBER PARAPHERNALIA 123161 BUILDING EXP AND MAINTE 117274 BANK AND CREDIT CARD FE 62490 129553 5244273 461342 993644 939370 852507 304576 419546 302287 596024 1313827 531167 593206 782660 833028 1169830 644090 0 139033 73925 4216932 4888136 423597 457339 478846 605699 1123270 1082455 2025713 2145493 X 2191219 2742643 2191219 2742643 4216932 4888136 X 341826 195548 14050 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 392529 43380 349149 921298 487787 433511 782660 ESCROW DEPOSITS 474962 CAPITAL LEASE PAYABLE 18609 RISK MANAGEMENT SELF INSURANCE RESERVE 585114 TENANT SEURITY DEPOSITS 3770 1082455 X 5889351 195548 14050 209598 5679753 -93654 -93654 5586099 5337927 93654 93654 5244273 0 5244273 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FRATERNITY AND THE HOUSING CORPORATION ARE EXEMPT FROM INCOME TAXES ON INCOME FROM RELATED ACTIVITIES UNDER SECTION 501(C)(7) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING STATE TAX LAW. THE HOUSING CORPORATION IS REPORTED AS A DISREGARDED ENTITY OF THE FRATERNITY FOR TAX PURPOSES. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE INCOME TAXES IN THE CONSOLIDATED FINANCIAL STATEMENTS. THERE WAS UNRELATED BUSINESS INCOME TAX EXPENSE RELATED TO THE 1899 PROPERTIES, LLC TRANSACTION DURING 2013 OF APPROXIMATELY $3,500 AND NO UNRELATED BUSINESS INCOME TAX EXPENSE DURING 2012. THE FRATERNITY FILES INFORMATION TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN THE STATE OF INDIANA. THE FRATERNITY IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED MAY 31, 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE ON INVESTMENT 14,050. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -93,654. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 93,654. X X X 1 0 0 STEVEN RAMOS 61146 0 0 0 115000 0 0 0 0 0 176146 0 0 0 PART I, LINE 4A STEVEN RAMOS RECEIVED $115,000 IN SEVERANCE PAYMENTS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE CFO AND CEO AND THEN FORWARDED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW. THE 990 IS THEN SENT TO EACH MEMBER OF THE BOARD OF DIRECTORS AND IS THEN REVIEWED AT A QUARTERLY BOARD MEETING. 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 EXECUTIVE DIRECTORS 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 CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: BOOK/TAX DIFFERENCE ON K-1 14,050. 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 -14816 979491 N/A 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