Kappa Delta Sorority Inc, National Headquarters in Memphis, Tennessee (TN)

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Kappa Delta Sorority Inc, National Headquarters
Employer Identification Number (EIN)440500006
Name of OrganizationKappa Delta Sorority Inc
Secondary NameNational Headquarters
Address3205 Players Ln, Memphis, TN 38125-8897
ActivitiesFraternity or sorority, Loans or credit reporting
SubsectionPleasure, Recreational, or Social Club
Ruling Date04/1945
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period07/2014
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$41,060,981
Amount of Income$34,376,712
Form 990 Revenue Amount$8,667,782
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Student Sororities, Fraternities


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Amount of income in 2014: $34,376,712
Kappa Delta Sorority Inc, National Headquarters: 

 $34,376,712
Other organizations performing similar types of work: 

 $292,405

Assets in 2014: $41,060,981
Kappa Delta Sorority Inc, National Headquarters: 

 $41,060,981
Other organizations performing similar types of work: 

 $864,497

Expenses in 2013: $4,420,173
Kappa Delta Sorority Inc, National Headquarters: 

 $4,420,173
Other organizations performing similar types of work: 

 $226,767

Income to expenses ratio in 2013: 7.8
Kappa Delta Sorority Inc, National Headquarters: 

 7.8
Other organizations performing similar types of work: 

 1.3

Number of employees in 2013: 71
This organization: 

 71
Other organizations performing similar types of work: 

 1

Employees paid over $100,000 in 2013: 1.4%
This organization: 

 1.4%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 46.6%
Kappa Delta Sorority Inc, National Headquarters: 

 46.6%
Other organizations performing similar types of work: 

 2.2%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?YesYes
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10961237
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return4971
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$970,500$1,008,375$1,170,925
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$54,950$200,004
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$527$5,517
Total number of individuals who received more than $100,000 of reportable compensation from the organization01
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$6,503,877$6,129,504$6,741,163
Contributions, Gifts, Grants and Other Similar Amounts$3,121,028$3,467,265$3,142,424
Program Service Revenue$1,302,724$839,004$1,194,770
900099$538,205$647,888
900099$183,331$415,101
900099$51,720$66,657
900099$46,171$39,374
900099$19,577$25,750
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$315,149$394,408$382,731
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$196,563$263,485$307,479
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$526,677$546,004$1,055,879
Gross amount from sales of assets other than inventory (Securities / Other)$9,808,768 / $0$15,031,384 / $0$15,748,096 / $3,332
Less: cost or other basis and sales expenses (Securities / Other)$9,282,091 / $0$14,485,380 / $0$14,695,549 / $0
Gain or (loss) (Securities / Other)$526,677 / $0$546,004 / $0$1,052,547 / $3,332
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$191,898$292,959$412,537
Gross sales of inventory, less returns and allowances$588,059$913,609$1,054,047
Less: cost of goods sold$396,161$620,650$641,510
Miscellaneous Revenue$849,838$326,379$245,343
900099$310,462$169,634
900099$15,917$75,709
All other revenue$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$2,859,224$3,681,036$4,420,173
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$159,695$80,498$257,640
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$582,516$825,390$821,760
Pension plan accruals and contributions$22,564$4,000
Other employee benefits$150,973$117,462
Payroll taxes$67,180$74,209$97,483
Fees for services (non-employees)
Management$0$0
Legal$2,844$52,707
Accounting$34,685$37,594
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$62,249$82,941
Other$23,621$116,860
Advertising and promotion$0$81,048
Office expenses$213,487$697,268
Information technology$29,719$163,877
Royalties$0$0
Occupancy$120,511$170,161
Travel$256,972$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$991,481$1,028,743
Interest$26,961$16,353
Payments to affiliates$0$0
Depreciation, depletion, and amortization$135,000$247,616
Insurance$195,248$226,596
Other expenses$427,847$127,125
Other expenses$4,550$72,939
Balance Sheet
201120122013
Total assets$30,624,865$33,002,851$37,065,119
Cash - non-interest-bearing$2,154,081$9,091,516
Savings and temporary cash investments$5,358,266$1,469,928
Pledges and grants receivable, net$0$0
Accounts receivable, net$49,200$67,877
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$5,318,541$5,459,919
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$76,311$266,146
Land, buildings, and equipment: cost or other basis$2,182,201$2,049,847
Investments - publicly traded securities$17,390,547$18,465,514
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$473,704$194,372
Total liabilities$4,862,393$5,270,445$6,285,743
Accounts payable and accrued expenses$134,558$340,902
Grants payable$0$0
Deferred revenue$0$578,620
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$5,135,887$5,366,221
Total net assets or fund balances$25,762,472$27,732,406$30,779,376
Unrestricted net assets$27,732,406$30,779,376
Temporarily restricted net assets$0$0
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$3,266,738$2,681,773$3,261,742$3,421,769$5,494,481$5,574,024$4,270,780$4,309,560
Contributions, gifts, grants, and similar amounts received$33,708$78,060$103,183$103,000$110,350$101,500$205,250$240,691
Contributions to donor advised funds$0$0
Direct public support$33,708$78,060$103,183$103,000$110,350$101,500$205,250$240,691
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$849,974$767,009$965,681$523,379$617,330$418,250$595,345$522,162
Membership dues and assessments$1,207,003$1,298,004$1,317,331$1,553,485$1,681,025$1,672,705$1,717,915$2,071,216
Interest on savings and temporary cash investments$0$0$0$0$0$0$0$0
Dividends and interest from securities$1,062,841$600,527$560,172$498,803$648,194$714,946$799,325$616,357
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$-222,670$-299,551$18,443$216,091$1,859,660$1,979,095$345,154$57,847
Gross amount from sales of assets other than inventory$2,856,261$2,561,462$3,986,463$2,023,442$11,046,700$63,734,547$14,332,770$11,358,536
Less: cost or other basis and sales expenses$3,078,931$2,861,013$3,968,020$1,807,351$9,187,040$61,755,452$13,987,616$11,300,689
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$38,172$-46,049$-50,632$-60,472$3,499$121,210$-5,631$-2,392
Gross sales of inventory, less returns and allowances$104,554$158,893$231,604$265,358$303,150$318,071$365,287$336,940
Less: cost of goods sold$66,382$204,942$282,236$325,830$299,651$196,861$370,918$339,332
Other revenue$297,710$283,773$347,564$587,483$574,423$566,318$613,422$803,679
Total expenses$2,156,193$2,060,492$2,353,567$1,994,712$2,418,311$5,871,937$2,586,370$12,913,174
Program services$0$0$0$0$0$0$0$0
Management and general$0$0$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$22,806,400$20,418,216$22,293,448$24,613,195$27,218,880$25,506,980$27,902,914$18,399,911
Excess or (deficit) for the year$1,110,545$621,281$908,175$1,427,057$3,076,170$-297,913$1,684,410$-8,603,614
Net assets or fund balances at beginning of year$23,518,991$22,806,400$20,418,216$22,293,448$24,613,195$27,218,880$25,506,980$27,902,914
Other changes in net assets or fund balances$-1,823,136$-3,009,465$967,057$892,690$-470,485$-1,413,987$711,524$-899,389
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$12,913,174$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$10,090,533
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$142,075$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$538,837$0$0$0
Pension plan contributions not included above$11,732$0$0$0
Employee benefits not included above$54,211$0$0$0
Payroll taxes$52,088$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$35,909$0$0$0
Legal fees$1,003$0$0$0
Supplies$76,928$0$0$0
Telephone$35,839$0$0$0
Postage and shipping$103,386$0$0$0
Occupancy$131,766$0$0$0
Equipment rental and maintenance$46,042$0$0$0
Printing and publications$433,604$0$0$0
Travel$470,438$0$0$0
Conferences, conventions, and meetings$170,013$0$0$0
Interest$98,174$0$0$0
Depreciation, depletion, etc.$139,343$0$0$0
Other expenses not covered above$281,253$0$0$0
Balance Sheets
20002001200220032004200520062007
Total assets$25,741,544$23,430,820$24,683,797$26,872,011$30,056,705$29,593,082$31,969,720$22,806,937
Cash - non-interest-bearing$0$0$0$0$0$580,508$118,705$526,981
Savings and temporary cash investments$554,119$892,655$1,203,196$1,375,991$1,645,001$1,651,787$1,156,225$1,379,421
Accounts receivable less allowance for doubtful accounts$21,537$19,582$28,834$23,846$14,435$56,621$61,019$365,373
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$3,837,100$3,310,406$2,994,438$3,623,899$3,444,419$3,717,696$3,776,833$4,056,176
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$8,016$6,684$125,909$16,666$36,323$20,694$44,222$35,481
Investments - publicly-traded securities$25,106,076$14,311,517
Investments - other securities$19,428,894$17,167,615$18,434,040$20,025,554$23,167,808$21,851,693$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$1,765,700$1,912,595$1,804,262$1,744,137$1,663,927$1,621,173$1,606,571$2,080,550
Other assets, including program-related investments$126,178$121,283$93,118$61,918$84,792$92,910$100,069$51,438
Total liabilities$2,935,144$3,012,604$2,390,349$2,258,816$2,837,825$4,086,102$4,066,806$4,407,026
Accounts payable and accrued expenses$36,958$61,092$244,413$73,509$363,185$195,917$162,419$171,790
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$30,018$0$53,199
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$968,300$864,754$87,290$107,627$89,695$68,158$42,281$92,798
Other liabilities$1,929,886$2,086,758$2,058,646$2,077,680$2,384,945$3,792,009$3,862,106$4,089,239
Total liabilities and net assets/fund balances$25,741,544$23,430,820$24,683,797$26,872,011$30,056,705$29,593,082$31,969,720$22,806,937
Total net assets or fund balances$22,806,400$20,418,216$22,293,448$24,613,195$27,218,880$25,506,980$27,902,914$18,399,911
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$3,266,738$2,681,773$3,261,742$3,421,769$5,494,481$5,574,024$4,270,780$0
Total revenue, gains, and other support per audited financial statements$1,432,340$-267,814$4,438,740$4,560,783$5,195,592$5,597,953$6,109,081$0
Other expenses$-1,756,754$-2,871,157$1,249,293$1,218,520$-170,834$196,861$1,960,496$0
Net unrealized gains on investments$-1,823,136$-3,076,099$967,057$892,690$-470,485$0$1,589,578$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$66,382$204,942$282,236$325,830$299,651$196,861$370,918$0
Other revenue$77,644$78,430$72,295$79,506$128,055$172,932$122,195$0
Investment expenses$77,644$78,430$72,295$79,506$128,055$172,932$122,195$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$2,156,193$2,060,492$2,353,567$1,994,712$2,418,311$5,871,937$2,586,370$0
Total expenses and losses per audited financial statements$2,144,931$2,187,004$2,563,508$2,241,036$2,589,907$7,309,853$2,835,093$0
Other revenue$66,382$204,942$282,236$325,830$299,651$1,610,848$370,918$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$1,413,987$0$0
Other$66,382$204,942$282,236$325,830$299,651$196,861$370,918$0
Other expenses$77,644$78,430$72,295$79,506$128,055$172,932$122,195$0
Investment expenses$77,644$78,430$72,295$79,506$128,055$172,932$122,195$0
Other$0$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
20$94,800$12,475$0
1$0$0$6,000
1$0$0$4,800
1$0$0$4,800
1$0$0$4,800
1$0$0$4,800
1$0$0$4,800
1$0$0$4,800
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings7
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$692,130
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200626
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$89,900$705,120$3,273,849
Program service revenue
Program service revenue 1000000$000$0$36,443
Program service revenue 2000000$000$0$154,864
Program service revenue 3000000$000$0$330,855
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$2,071,216
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securitiesInvestment activities of section 501(c)(7), (9), or (17) organizations$89,900Section 501(c)(7), (9), or (17) organization - Non-exempt function income set aside for a charitable, etc., purpose specified in section 170(c)(4) (section 512(a)(3)(B)(i))$526,457$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Section 501(c)(7), (9), or (17) organization - Non-exempt function income set aside for a charitable, etc., purpose specified in section 170(c)(4) (section 512(a)(3)(B)(i))$57,847$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$-2,392
Other revenue000000$0Section 501(c)(7), (9), or (17) organization - Non-exempt function income set aside for a charitable, etc., purpose specified in section 170(c)(4) (section 512(a)(3)(B)(i))$120,816$682,863
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Kappa Delta Sorority Inc, National Headquarters3205 Players Ln, Memphis, TN 38125-8897TN1945-04$34,376,712
2Alpha Omicron Pi Fraternity Inc, Group Return5390 Virginia Way, Brentwood, TN 37027-7529TN1961-09$27,685,553
3Chi Omega Fraternity, Executive Headquarters3395 Players Club Pkwy, Memphis, TN 38125-8863TN1940-12$9,371,504
4Sigma Alpha Epsilon Fraternity650 East Parkway South, Memphis, TN 38104TN1940-11$7,796,456
5Alpha Omicron Pi Fraternity Inc, Chattanooga Area Alumnae Chapter Of Alpha Omicron Pi Fraternity Inc4021 Platinum Way, Ooltewah, TN 37363TN1940-10$6,948,408
6The Tau Beta Pi Association Inc5332 Stevenson Ctr, Nashville, TN 37232-0001TN1949-01$2,906,250
7Zeta Beta Tau Fraternity, Alpha Mu Chapter4626 21st Ave Ne, Seattle, WA 98105-3327WA1940-10$297,255
8Beta Beta Chapter Of Sigma Sigma, Huff Jennifer-PresPO BOX 24, Cleveland, TN 37364-0024TN1990-02$87,111
9Sigma Kappa Sorority, Gamma Lambda Chapter Of Sigma Kappa SororityPo Box 23025, Johnson City, TN 37614-1303TN1957-02$67,212
10Honor Society Of Phi Kappa PhiUncw 601 South College Road, Wilmington, NC 28403NC1999-01$1,190
11Honor Society Of Phi Kappa Phi1220 First Ave Ne, Cedar Rapids, IA 52402IA1999-01$400
12Honor Society Of Phi Kappa PheOne Main Street, Houston, TX 77002-1001TX1999-01$0
13Honor Society Of Phi Kappa Phi1500 Greenland Dr / Box 267, Murfreesboro, TN 37132TN1999-01$0
14Honor Society Of Phi Kappa PhiPo Box 4778, Clarksville, TN 37044TN1999-01$0
15Honor Society Of Phi Kappa Phi3500 John A Merritt Blvd, Nashville, TN 37208TN1999-01$0
16Honor Society Of Phi Kappa PhiDsu Box 3224, Cleveland, MS 38733MS1999-01$0
17Honor Society Of Phi Kappa Phi1155 Union Circle 310529, Denton, TX 76203-5017TX1999-01$0
18Honor Society Of Phi Kappa Phi44 Pierrepont Ave, Potsdam, NY 13676NY1999-01$0
19Honor Society Of Phi Kappa Phi, East Tennessee State UniversityPo Box 70723, Johnson City, TN 37614TN1999-01$0
20Honor Sociey Of Phi Kappa Phi821 Volunteer Blvd 325 Greve Hall, Knoxville, TN 37996-3390TN1999-01$0
Number of organizations performing similar types of work
Alaska1
Alabama10
Arkansas2
Arizona4
California18
Colorado6
Connecticut2
District of Columbia2
Florida11
Georgia20
Hawaii1
Iowa5
Idaho1
Illinois23
Indiana35
Kansas14
Kentucky7
Louisiana16
Massachusetts8
Maryland9
Maine3
Michigan11
Minnesota2
Missouri16
Mississippi2
Montana3
North Carolina11
North Dakota1
Nebraska4
New Hampshire1
New Jersey3
New Mexico2
Nevada2
New York15
Ohio14
Oklahoma4
Oregon5
Pennsylvania21
Rhode Island2
South Carolina3
South Dakota2
Tennessee13
Texas18
Utah1
Virginia6
Washington11
Wisconsin5
West Virginia1
Wyoming2
International1
Total380
20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralKappa Delta Sorority Inc, National Headquarters3205 Players Ln, Memphis, TN 38125-8897TN1945-04$34,376,712
SubordinateKappa Delta Sorority, Beta Alpha136 Chancellor St, Charlottesvle, VA 22903-2615VA1943-07$246,542
SubordinateKappa Delta Sorority3000 Frederica Street, Owensboro, KY 42301KY1943-07$8,929
SubordinateKappa Delta Sorority, Eta Alpha1010 University Oaks Blvd, College Sta, TX 77840-3644TX1945-04$911,038
SubordinateKappa Delta Sorority, Sigma Upsilon1802 W 17th St, Bloomington, IN 47404-2912IN1943-07$793,141
SubordinateKappa Delta Sorority, Zeta ChapterPO BOX 1880, Tuscaloosa, AL 35403-1880AL1988-10$727,338
SubordinateKappa Delta Sorority, Beta Zeta514 Gadsden St, Columbia, SC 29201-4110SC1943-07$483,795
SubordinateKappa Delta Sorority, Epsilon Iota606 E Rollins St, Columbia, MO 65201-5146MO1970-03$398,499
SubordinateKappa Delta Sorority, Sigma Phi750 S Milledge Ave, Athens, GA 30605-1253GA1945-04$373,488
SubordinateKappa Delta Sorority, EpsilonPO BOX 25107, Baton Rouge, LA 70894-5107LA1943-07$362,521
SubordinateKappa Delta Sorority, Zeta Gamma Chapter404 W Maple St, Fayetteville, AR 72701-4136AR1945-05$355,671
SubordinateKappa Delta Sorority, Alpha MuPO BOX 8108, University, MS 38677-8108MS$347,714
SubordinateKappa Delta Sorority, Delta OmegaPO BOX 1880, Tuscaloosa, AL 35403-1880AL1971-06$344,220
SubordinateKappa Delta Sorority, Sigma Lambda201 Wire Road - Village Box 2, Auburn University, AL 36849-5403AL1943-07$344,006
SubordinateKappa Delta Sorority, Sigma Epsilon2315 Nueces St, Austin, TX 78705-5207TX$336,026
SubordinateKappa Delta Sorority, Beta Pi1122 E Panhellenic Dr, Gainesville, FL 32601-7861FL1943-07$325,417
SubordinateKappa Delta Sorority, Epsilon Alpha House Corp98 Spring Gln, Collinsville, IL 62234-1481IL1970-03$307,778
SubordinateKappa Delta Sorority, Beta Tau203 24th Ave S, Nashville, TN 37212-2005TN1958-09$304,193
SubordinateKappa Delta Sorority, Zeta Alpha14 Greek Cir, Lubbock, TX 79416-5815TX1970-03$287,851
SubordinateKappa Delta Sorority, Alpha Iota800 Hilgard Ave, Los Angeles, CA 90024-3108CA1943-07$270,653
Number of affiliated organizations
Alabama7
Arkansas2
Arizona1
California5
Colorado1
Connecticut2
District of Columbia1
Florida9
Georgia9
Iowa1
Idaho1
Illinois7
Indiana3
Kansas2
Kentucky7
Louisiana4
Massachusetts2
Maryland2
Michigan2
Missouri6
Mississippi4
North Carolina11
North Dakota2
Nebraska1
New Hampshire2
New Jersey1
New York3
Ohio10
Oklahoma2
Oregon2
Pennsylvania5
Rhode Island2
South Carolina7
Tennessee17
Texas5
Utah1
Virginia7
Washington2
Wisconsin2
Total160

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