PHI MU FRATERNITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- PHI MU FRATERNITY (EIN 62-0533776)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-11-10
- IRS object ID
- 201143149349303664
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-10T16:59:12-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARNOLD GALLIVAN LEVESQUE PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2810 PREMIERE PKWY STE 200 | AddressLine1 |
| City | DULUTH | City |
| State | GA | State |
| ZIP Code | 30097 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620533776 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHI MU FRATERNITY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PHIM | NameControl |
| Phone | 7706322090 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 WESTPARK DRIVE | AddressLine1 |
| City | PEACHTREE CITY | City |
| State | GA | State |
| ZIP Code | 30269 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DARLENE REYES | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 7706322090 | Phone |
| Date Signed | 2011-10-28 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROGER M GALLIVAN | Name |
| Phone | 6785708112 | Phone |
| Date Prepared | 2011-11-10 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DARLENE REYES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 WESTPARK DRIVE | AddressLine1 |
| City | PEACHTREE CITY | City |
| State | GA | State |
| ZIP Code | 30269 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5629289 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.PHIMU.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1904 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | FOUNDED IN 1852, PHI MU IS A WOMEN'S ORGANIZATION WHICH PROVIDES PERSONAL AND ACADEMIC DEVELOPMENT, SERVICE TO OTHERS, COMMITMENT TO EXCELLENCE, AND LIFELONG FRIENDSHIP THROUGH A SHARED TRADITION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 41 | TotalNbrEmployees |
| Total Nbr Volunteers | 115 | TotalNbrVolunteers |
| Total Gross UBI | 77107 | TotalGrossUBI |
| Contributions Grants Current Year | 244390 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2571541 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3312248 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 173650 | InvestmentIncomePriorYear |
| Investment Income Current Year | 77107 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 926710 | OtherRevenuePriorYear |
| Other Revenue Current Year | 827107 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3671901 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4460852 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1112466 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1059991 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2079577 | OtherExpensePriorYear |
| Other Expenses Current Year | 2512488 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3192043 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3572479 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 479858 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 888373 | RevenuesLessExpensesCY |
| Total Assets BOY | 13261139 | TotalAssetsBOY |
| Total Assets EOY | 13038622 | TotalAssetsEOY |
| Total Liabilities BOY | 4119418 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3019724 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9141721 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10018898 | NetAssetsOrFundBalancesEOY |
| Mission Description | FOUNDED IN 1852, PHI MU IS A WOMEN'S ORGANIZATION WHICH PROVIDES PERSONAL AND ACADEMIC DEVELOPMENT, SERVICE TO OTHERS, COMMITMENT TO EXCELLENCE, AND LIFELONG FRIENDSHIP THROUGH A SHARED TRADITION. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | CHAPTER SERVICES: EXPENSES INCURRED TO MAINTAIN AND PROMOTE THE FRATERNITY'S INDIVIDUAL CHAPTERS. SERVICES INCLUDE, BUT ARE NOT LIMITED TO, ACCOUNTING SYSTEM, BILLING SYSTEM, MANUALS, MEMBERSHIP CERTIFICATES, AND CHAPTER SUPPLIES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LEADERSHIP CONFERENCE: HELD ANNUALLY, THIS EVENT OFFERS A CONCENTRATED OPPORTUNITY FOR TEACHING, TRAINING, EXCHANGING OF IDEAS, AND DISCUSSION OF NUMEROUS TOPICS FOR UNDERGRADUATE AND ALUMNAE MEMBERS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | AGLAIA MAGAZINE: PUBLICATION AND DISTRIBUTION OF QUARTERLY MAGAZINE. APPROXIMATELY 154,000 COPIES ARE PUBLISHED AND DISTRIBUTED PER YEAR. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | true | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 41 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Initiation Fees | $456,075 | InitiationFeesAmount |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DARLENE REYES | NamePerson |
| Telephone Number | 7706322090 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 WESTPARK DRIVE | AddressLine1 |
| City | PEACHTREE CITY | City |
| State | GA | State |
| ZIP Code | 30269 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| KRIS SHELTER BRIDGES | ||||||
| NATIONAL PRE | 50.00 | X | 0 | 0 | 0 | |
| ASHLEY HERBERT MCDANIEL | ||||||
| V.P. COLLEGI | 20.00 | X | 0 | 0 | 0 | |
| BETH DENNEY WARD | ||||||
| V.P. MEMBERS | 15.00 | X | 0 | 0 | 0 | |
| ASHLEE FAIRCLOTH FORSCHER | ||||||
| V.P. ALUMNAE | 25.00 | X | 0 | 0 | 0 | |
| MOLLY MEYER WILLIAMS | ||||||
| V.P. FINANCE | 30.00 | X | 0 | 0 | 0 | |
| ANDIE BURCHETT KASH | ||||||
| V.P. COMM. & | 15.00 | X | 0 | 0 | 0 | |
| DONNA ALLEN STALLARD | ||||||
| V.P. PANHELL | 20.00 | X | 0 | 0 | 0 | |
| DARLENE REYES | ||||||
| EXECUTIVE DI | 60.00 | 81762 | 14772 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 81762 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 14772 | TotalReportableCompFrmRltdOrgs |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | Address Line2AddressOfContractor/AddressUS/AddressLine2 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|---|
| HERFF JONES COLLEGIATE | ||||||
| 1275 SHILOH ROAD NW | SUITE 2410 | KENNESAW | GA | 30144 | JEWELRY | 611044 |
| ARIZONA BILTMORE & SPA | ||||||
| 2400 EAST MISSOURI AVENUE | PHOENIX | AZ | 85016 | MEETING | 372519 | |
| UBS | ||||||
| 6360 I-55 NORTH | SUITE 405 | JACKSON | MS | 39211 | FINANCIAL SERV. | 342017 |
| MJ INSURANCE | ||||||
| 9225 PRIORITY WAY WEST DRIVE | SUITE 100 | INDIANAPOLIS | IN | 46250 | INSURANCE | 331842 |
| BC-AIR | ||||||
| 276378 | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
| Related Organizations | 244390 | RelatedOrganizations |
| Total Contributions | 244390 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|
| DUES AND PARLOR FEES | 1265821 | 1265821 | |
| LEADERSHIP CONFERENCE | 683159 | $683,159 | |
| INTITATION FEES | 619388 | 619388 | |
| CHAPTER - ACCOUNTING FEES | 591858 | 591858 | |
| MANAGEMENT FEES | 152022 | 152022 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3312248 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 77107 | TotalRevenueColumn |
| Unrelated Business Revenue | 77107 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 21168 | GrossIncomeFundraisingEvents |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21168 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1407950 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1168437 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 239513 | TotalRevenueColumn |
| Related Or Exempt Function Income | 239513 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| INSURANCE REIMBURSEMENT | 367281 | 367281 |
| AFFINITY CARD INCOME | 155254 | 155254 |
| OTHER INCOME | 36920 | 36920 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6971 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6971 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 566426 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4460852 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3435028 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 77107 | UnrelatedBusinessRevenue |
| Exclusion | $683,159 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81762 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 765036 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36157 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98679 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78357 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55142 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 143143 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11843 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3054 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 121540 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 164794 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 136279 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1150863 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5183 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9842 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 332225 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| AGLAIA MAGAZINE | 142670 |
| MISCELLANEOUS | 96395 |
| EQUIPMENT LEASE | 65887 |
| REAL ESTATE TAXES | 43333 |
| SERVICE CHARGE | 30295 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3572479 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 261698 | BOY |
| EOY | 3066784 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3911106 | BOY |
| EOY | 2890152 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34212 | BOY |
| EOY | 30058 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 215131 | BOY |
| EOY | 22199 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110037 | BOY |
| EOY | 102078 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 311507 | BOY |
| EOY | 4861 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 270067 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 196118 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27124 | BOY |
| EOY | 73949 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5298980 | BOY |
| EOY | 4495000 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2457993 | BOY |
| EOY | 2353541 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 633351 | BOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13261139 | BOY |
| EOY | 13038622 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144858 | BOY |
| EOY | 197535 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 754959 | BOY |
| EOY | 234631 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1831784 | BOY |
| EOY | 2101836 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1553 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1386264 | BOY |
| EOY | 485722 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4119418 | BOY |
| EOY | 3019724 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9141721 | BOY |
| EOY | 9978898 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 40000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9141721 | BOY |
| EOY | 10018898 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13261139 | BOY |
| EOY | 13038622 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 888373 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -11196 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6936240 | BeginningOfYearBalance |
| Contributions | 249498 | Contributions |
| Investment Earnings Or Losses | 83098 | InvestmentEarningsOrLosses |
| Other Expenditures | 112485 | OtherExpenditures |
| Administrative Expenses | 45832 | AdministrativeExpenses |
| End Of Year Balance | 7110519 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6973224 | BeginningOfYearBalance |
| Contributions | 201104 | Contributions |
| Investment Earnings Or Losses | 32233 | InvestmentEarningsOrLosses |
| Other Expenditures | 113169 | OtherExpenditures |
| Administrative Expenses | 157152 | AdministrativeExpenses |
| End Of Year Balance | 6936240 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6782240 | BeginningOfYearBalance |
| Contributions | 411780 | Contributions |
| Investment Earnings Or Losses | -31889 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5554 | GrantsOrScholarships |
| Other Expenditures | 83556 | OtherExpenditures |
| Administrative Expenses | 99807 | AdministrativeExpenses |
| End Of Year Balance | 6973224 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 1.00000 | BoardDesignatedEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 270067 | OtherCostOrOtherBasis |
| Depreciation | 196118 | Depreciation |
| Book Value | 73949 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 73949 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTMENT IN REAL ESTATE HOLDING CO | 2327041 | F |
| INVESTMENT IN HOUSING CORPORATION | 26500 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 2353541 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DUE TO PHI MU HOUSING CORPORATION | $485,572 |
| DUE TO CHAPTERS | $150 |
| DUE TO ALPHA NU HOUSING CORPORATION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 485722 | TotalOfAmounts |
| Total Revenue | 4460852 | TotalRevenue |
| Total Expenses | 3572479 | TotalExpenses |
| Excess Or Deficit For Year | 888373 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -11196 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -11196 | TotalAdjustments |
| Excess Or Deficit Per FS | 877177 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5250812 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -11196 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -11196 | RevenueNotRptdF990 |
| Revenue Subtotal | 5262008 | RevenueSubtotal |
| Other Revenues Not Included | -801156 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -801156 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4460852 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4373635 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 4373635 | ExpensesSubtotal |
| Other Expenses Not Included | -801156 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -801156 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3572479 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| COLLECTIONS AND RELATION TO EXEMPT PURPOSE | SCHEDULE D, PAGE 2, PART III, LINE 4 | PHI MU FRATERNITY OWNS HISTORICAL DOCUMENTS, BADEGES, MEMORABILIA, AND PAINTINGS THAT IT MAINTAINS TO PRESERVE THE ORGANIZATION'S HISTORY. THESE ITEMS HAVE NOT BEEN CAPITALIZED IN THE FRATERNITY'S FINANCIAL STATEMENTS DUE TO THEIR PRICELESS NATURE. |
| ESCROW LIABILITY ARRANGEMENT EXPLANATION | SCHEDULE D, PAGE 2, PART IV, LINE 2B | PHI MU FRATERNITY HOLDS THE HOUSING AND DEVELOPMENT FUND AS A CUSTODIAN FOR ALL OF THE PHI MU CHAPTERS TO MANAGE AND INVEST THE FUNDS ON AN AGGREGATE BASIS. |
| INTENDED USES FOR ENDOWMENT FUNDS | SCHEDULE D, PAGE 2, PART V, LINE 4 | PER THE FRATERNITY'S CONSTITUTION AND BYLAWS, IT IS REQUIRED THAT ALL ENDOWMENT FUNDS BE RETURNED TO A CHAPTER ONCE THAT CHAPTER HAS REOPENED AND BECOME ACTIVE IN THE OPERATIONS OF THE FRATERNITY. IF THE CHAPTER DOES NOT REOPEN WITHIN 20 YEARS OF CLOSING, THE FUNDS WILL BE TRANSFERRED TO THE FRATERNITY'S GENERAL OPERATING FUND. THE MEMORIAL HEADQUARTERS BUILDING FUNDS ARE USED FOR CONTRUCTION, MAJOR EXPENDITURES AND REMODELING OF THE MEMORIAL HEADQUARTERS BUILDING. THE LIFE MEMBERSHIP ENDOWMENT FUNDS MAY BE INVESTED, LOANED TO CHAPTER HOUSE CORPORATIONS, USED TO PAY SCHOLARSHIP AWARDS, OR USED FOR OTHER SPECIAL NEEDS. THE ALPHA MEMORIAL FUNDS ARE PRIMARILY TO PAY OUT SCHOLARSHIP AWARDS. |
| LIABILITY UNDER FIN 48 FOOTNOTE | SCHEDULE D, PAGE 3, PART X | INCOME TAX STATUS: PHI MU FRATERNITY, ALPHA NU HOUSING CORPORATION, INC., PHI MU FRATERNITY HOUSING CORPORATION, AND DELTA BETA BUILDING ASSOCIATION HAVE BEEN GRANTED EXEMPTION BY THE INTERNAL REVENUE SERVICE FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, RESPECTIVELY. HOWEVER, THE ORGANIZATIONS ARE REQUIRED TO PAY TAXES ON THE NET INCOME RECEIVED FROM ACTIVITIES UNRELATED TO THEIR EXEMPT PURPOSE. NET INVESTMENT INCOME OF THE FRATERNITY IS TAXABLE AS UNRELATED BUSINESS INCOME, UNLESS IT IS SET ASIDE FOR EDUCATIONAL, CHARITABLE, LEADERSHIP AND CITIZENSHIP PURPOSES. EACH YEAR, THE FRATERNITY ADOPTS A RESOLUTION TO SET ASIDE ALL OF ITS INVESTMENT INCOME FOR THESE PURPOSES. THE FINANCIAL ACCOUNTING STANDARDS BOARD HAS RELEASED FASB ASC TOPIC 740, INCOME TAXES, WHICH PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED, AND DISCLOSED IN FINANCIAL STATEMENTS. ADOPTION OF FASB ASC 740, INCOME TAXES, IS REQUIRED FOR FISCAL YEARS BEGINNING AFTER DECEMBER 15, 2008. THE FRATERNITY EVALUATES ITS UNCERTAIN TAX PROVISIONS USING THE PROVISIONS OF FASB ASC TOPIC 450, CONTINGENCIES. MANAGEMENT BELIEVES THERE ARE NO MATERIAL ESTIMATES THAT SHOULD BE ACCRUED AS OF JUNE 30, 2011 AND 2010. |
| RECONCILIATION OF CHANGES - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 8 | INSURANCE REIMBURSEMENTS RECLASSED TO INCOME -367,281 DIRECT EXPENSES 1,168,437 DIRECT EXPENSES -1,168,437 INSURANCE REIMBURSEMENTS RECLASSED TO INCOME 367,281 |
| REVENUE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 4B | INSURANCE REIMBURSEMENTS RECLASSED TO INCOME 367,281 DIRECT EXPENSES -1,168,437 |
| EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XIII, LINE 4B | DIRECT EXPENSES -1,168,437 INSURANCE REIMBURSEMENTS RECLASSED TO INCOME 367,281 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| All States | All States | AllStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | FOUNDERS DAY | NameOfEvent1 |
| Gross Receipts Event1 | 21168 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 21168 | GrossRevenueEvent1 |
| Gross Receipts Total | 21168 | GrossReceiptsTotal |
| Gross Revenue Total Events | 21168 | GrossRevenueTotalEvents |
| Net Income Summary | 21168 | NetIncomeSummary |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | PHI MU HAS ONLY ONE CLASS OF MEMBERSHIP -- INITIATED MEMBERS |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | EACH CHARTERED CHAPTER HAS THE RIGHT TO SEND A DELEGATE TO THE BIENNIAL CONVENTION WHERE THE DELEGATE IS ALLOWED ONE VOTE ON ALL FRATERNITY BUSINESS. APPOINTED AND ELECTED OFFICERS ARE ALSO DELEGATES AT THE BIENNIAL CONVENTION AND HAVE VOTING RIGHTS ON ALL FRATERNITY BUSINESS DECIDED AT THE CONVENTION. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | DECISIONS THAT REQUIRE THE APPROVAL OF DELEGATES TO THE BIENNIAL CONVENTION INCLUDE THE RIGHT TO ELECT NATIONAL COUNCIL MEMBERS, VOTE ON AMENDMENTS TO THE PHI MU CONSTITUTION AND BYLAWS, VOTE ON CONVENTION RESOLUTIONS AND VOTE ON ADOPTING PHI MU POLICIES. |
| POLICIES AND PROCEDURES GOVERNING CHAPTERS | FORM 990, PAGE 6, PART VI, LINE 10B | THE FRATERNITY MAINTAINS A CONSTITUTION AND BYLAWS THAT GOVERN THE ACTIVITIES OF THE CHAPTERS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS PROVIDED TO ALL MEMBERS OF THE PHI MU FRATERNITY BOARD OF DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING. A VOTE IS TAKEN APPROVING THE FILING. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | ALL MEMBERS AND KEY EMPLOYEES OF THE PHI MU FRATERNITY BOARD OF DIRECTORS MUST ANNUALLY FILE A CONFLICT OF INTEREST FORM. MEMBERS MAY NOT VOTE ON ANY ISSUE RELATED TO ANY DISCLOSED CONFLICT. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE NATIONAL COUNCIL DETERMINES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. ANNUALLY, THE NATIONAL COUNCIL REVIEWS THE EXECUTIVE DIRECTOR SALARY, REVIEWS COMPARABLE SALARIES FOR EXECUTIVE DIRECTORS OF COMPARABLE ORGANIZATIONS, INCLUDING OTHER SORORITIES. THE DECISION ON COMPENSATION IS VOTED ON BY THE NATIONAL COUNCIL. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | ALL FINANCIAL, TAX, AND LEGAL DOCUMENTS ARE MADE AVAILABLE TO MEMBERS OF THE PUBLIC UPON REQUEST TO THE EXECUTIVE DIRECTOR OF PHI MU FRATERNITY. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| PHI MU FOUNDATION | ||||||||||
| 400 WESTPARK DRIVE | PEACHTREE CITY | GA | 30269 | 626042543 | FOUNDATION | TN | 3 | 7 | NA | false |
| PHI MU REAL ESTATE HOLDING COMPANY | ||||||||||
| 400 WESTPARK DRIVE | PEACHTREE CITY | GA | 30269 | 203111510 | REAL ESTAT | GA | 2 | NA | false | |
| PHI MU FRATERNITY HOUSING CORPORATI | ||||||||||
| 400 WESTPARK DRIVE | PEACHTREE CITY | GA | 30269 | 620798908 | HOUSING CO | GA | 2 | NA | false | |
| PHI MU SUBORDINATE GROUP RETURN | ||||||||||
| 400 WESTPARK DRIVE | PEACHTREE CITY | GA | 30269 | 626046503 | SUBORDINAT | GA | 7 | PHIMUFRAT | true | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| PHI MU FOUNDATION | |
| C | 244390 |
| PHI MU REAL ESTATE HOLDING COMPANY | |
| M | 144752 |
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