2024-02-09T08:03:20-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 1785 INDIAN WOOD CIRCLE MAUMEE OH 43537 990 2022-07-01 314221880 KAPPA KAPPA GAMMA FRATERNITY KAPP 6142286515 6640 RIVERSIDE DRIVE 200 DUBLIN OH 43017 KARI KITTRELL POOLE EXECUTIVE DIRECTOR 6142286515 2024-02-06 1 KARI KITTRELL POOLE 888008888 0 HEIDI FERGUSON P00410007 4197942000 2024-02-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KARI KITTRELL POOLE 6640 RIVERSIDE DRIVE 200 DUBLIN OH 43017 9765279 0 X WWW.KAPPAKAPPAGAMMA.ORG X 1870 OH KAPPA KAPPA GAMMA IS AN ORGANIZATION OF WOMEN, WHICH SEEKS FOR EVERY MEMBER THROUGHOUT HER LIFE BONDS OF FRIENDSHIP, MUTUAL SUPPORT, OPPORTUNITIES FOR SELF-GROWTH, RESPECT FOR INTELLECTUAL DEVELOPMENT, AND AN UNDERSTANDING OF AND AN ALLEGIANCE TO POSITIVE ETHICAL PRINCIPLES. 6 6 58 3000 823547 1308 935532 1069231 5597000 5848842 440056 247340 806108 819709 7778696 7985122 1150 4675 0 0 2253903 2377795 0 0 0 4981640 5202471 7236693 7584941 542003 400181 12888537 18693957 2120254 6644074 10768283 12049883 X SEE SCHEDULE O.KAPPA KAPPA GAMMA IS AN ORGANIZATION OF WOMEN, WHICH SEEKS FOR EVERY MEMBER THROUGHOUT HER LIFE BONDS OF FRIENDSHIP, MUTUAL SUPPORT, OPPORTUNITIES FOR SELF-GROWTH, RESPECT FOR INTELLECTUAL DEVELOPMENT, AND AN UNDERSTANDING OF AND AN ALLEGIANCE TO POSITIVE ETHICAL PRINCIPLES. 0 0 MEMBER SERVICES: THE FRATERNITY PROVIDES FUNDS FOR EXTENSION OF KAPPA KAPPA GAMMA ONTO NEW CAMPUSES, SPECIAL TASK FORCES THAT ADDRESS RELEVANT ISSUES PERTAINING TO OUR MEMBERSHIP, SPECIFIC AREAS OF CHAPTER AND ALUMNAE ASSISTANCE, AND THE EXPENSES OF THE FRATERNITY COUNCIL AND OTHER VOLUNTEER COMMITTEES. THE FRATERNITY HAS A TOTAL MEMBERSHIP OF MORE THAN 320,927 WOMEN INITIATED SINCE ITS FOUNDING MORE THAN 150 YEARS AGO, WITH 139 ACTIVE COLLEGIATE CHAPTERS AND ONE ALUMNAE INITIATE CHAPTER IN THE UNITED STATES AND CANADA AND 226 ALUMNAE ASSOCIATIONS WORLDWIDE. COMMUNICATION: THE FRATERNITY PROVIDES FUNDS TO PUBLISH THE KEY, THE OFFICIAL MAGAZINE OF THE FRATERNITY. THE KEY IS THE MAIN SOURCE OF COMMUNICATION TO THE MEMBERS OF KAPPA KAPPA GAMMA FRATERNITY AND ITS MISSION IS TO FOSTER LIFELONG CONNECTIVITY AMONG MEMBERS. IT FEATURES MEMBER STORIES AND ACHIEVEMENTS, LEADERSHIP AND EDUCATIONAL PROGRAMS, ARCHIVAL PIECES, AND NEWS REGARDING THE ORGANIZATION. THE KEY IS PROVIDED TO EVERY MEMBER OF THE FRATERNITY. THE FRATERNITY PROVIDES FUNDS FOR DIGITAL COMMUNICATION PLATFORMS INCLUDING, THE WWW.KAPPAKAPPAGAMMA.ORG WEBSITE, EMAIL MARKETING, SOCIAL MEDIA, AND ALL MANNERS OF COMMUNICATION. LEADERSHIP, EDUCATIONAL AND TRAINING CONFERENCES, AND GENERAL CONVENTION: THE FRATERNITY PROVIDES FUNDS FOR THE CONTINUATION OF COLLEGIATE AND ALUMNAE EDUCATION AND TRAINING. TRAINING OCCURS BOTH IN-PERSON AND ONLINE. THE FRATERNITY ALSO PROVIDES FUNDS FOR LEADERSHIP AND TRAINING CONFERENCES AND FOR THE GENERAL CONVENTION. THE PURPOSE OF THE GENERAL CONVENTION IS TO ELECT MEMBERS OF THE FRATERNITY COUNCIL AND DISTRICT DIRECTORS, CONSIDER REPORTS, PROVIDE LEADERSHIP TRAINING AND TRANSACT SUCH BUSINESS AS MAY PROPERLY BE PROPOSED. THE PURPOSE OF THE EDUCATIONAL AND TRAINING CONFERENCES IS TO PROVIDE OUR MEMBERSHIP WITH IN-PERSON LEADERSHIP OR EDUCATIONAL TRAINING AND PROVIDE OPPORTUNITIES TO LEARN FROM AND INTERACT WITH OTHER MEMBERS OF THE ORGANIZATION. 0 1 0 0 0 0 1 1 1 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 29 0 1 58 1 1 1 0 0 0 0 1179618 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X KIRSTEN DEMUZIO 6143412116 6640 RIVERSIDE DRIVE SUITE 200 DUBLIN OH 43017 MARIA BROWN VICE PRESIDENT 10.00 10.00 X X 0 0 0 MARY PAT ROONEY PRESIDENT 10.00 10.00 X X 0 0 0 NANCY CAMPBELL VICE PRESIDENT 10.00 X X 0 0 0 ELIZABETH WONG VICE PRESIDENT 10.00 X X 0 0 0 BARB GOETTELMAN VICE PRESIDENT 10.00 10.00 X X 0 0 0 KYLE DONNELLY TREASURER 10.00 X X 0 0 0 KARI KITTRELL POOLE EXECUTIVE DIRECTOR 40.00 1.00 X 163515 0 18129 KIRSTEN DEMUZIO DIRECTOR OF FINANCE 24.00 18.00 X 103867 0 15039 267382 0 33168 2 0 1 0 BKG HOLDINGS LLC 600 N CASSADY AVE COLUMBUS OH 43219 TECHNOLOGY 199215 OMEGAFI PO BOX 1031 CHARLOTTE NC 28296 TECHNOLOGY 118033 2 1069231 1069231 MEMBERSHIP DUES 900099 3657855 3657855 INSURANCE FEES FROM MEMBERS 524298 1161211 1161211 CONVENTION AND EVENT FEES 900099 777655 777655 FEE INCOME 561439 137086 137086 RENT FROM RELATED PARTY 531390 115035 115035 5848842 246077 246077 559778 559778 274785 274785 0 1506255 1504471 521 1784 -521 1263 1784 -521 535 380 155 155 RELATED PARTY COST BASED REIMBURS 900099 232710 232710 THE FLEUR CLUB INCOME 900099 15908 15908 MISCELLANEOUS 459900 11158 11158 259776 7985122 6092865 823547 -521 4675 314135 1683489 70869 162978 146324 78529 28265 316399 209413 206565 713756 96323 192480 1034053 FRATERNITY EDUC & CONF 1738560 CHAPTER & ALUMNAE ASSIS 427734 KEY PRINTING & PUBLICAT 160394 7584941 1512538 2098866 594832 619007 488224 204746 1449593 307576 319211 2558556 1651946 1099609 906610 5772717 5240343 1054049 2336001 1435521 609399 5533652 12888537 18693957 1301522 902409 52150 49250 5445 5445 761137 5686970 2120254 6644074 X 10768283 12049883 10768283 12049883 12888537 18693957 X 400181 510107 371312 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 10445 X X 0 0 1 X 29033493 135112 2337836 520133 432321 30553987 32496610 337443 -2807189 619590 373781 29033493 25139920 417211 7750042 518975 291588 32496610 24839240 610768 746707 769276 287519 25139920 24425961 527349 857387 694234 277223 24839240 0.73420 0.26580 1 1 1 712040 258845 453195 1367751 1148619 219132 478765 244482 234283 906610 MERCER CORE FIXED INCOME 1248965 F MERCER HEDGE FUND INVESTORS SP-I 455099 F POINTER OFFSHORE LTD 631937 F 2336001 NOTE REC - FRATERNITY HOUSING CORPORATION 1435521 F 1435521 DUE FROM FOUNDATION 342100 OTHER ASSETS - ART WORK 10445 OPERATING RIGHT-OF-USE ASSETS 5179965 DUE FROM FRATERNITY HOUSING CORPORATION 1142 5533652 DUE TO FOUNDATION 131251 LEASE LIABILITY 5555719 5686970 X 8509419 510107 510107 7999312 28265 -42455 -14190 7985122 7599131 42455 42455 7556676 28265 28265 7584941 PART III, LINE 4: HISTORICAL MEMORABILIA IS HELD TO PRESERVE THE HISTORY OF THE ORGANIZATION AND MAINTAIN THE CULTURE FOR FUTURE MEMBERS. PART IV, LINE 2B: KAPPA KAPPA GAMMA FRATERNITY HOLDS ASSETS FOR CERTAIN ALUMNAE ASSOCIATIONS AND CHAPTER HOUSE CORPORATIONS THAT DO NOT HAVE ACTIVE HOUSE BOARDS. THE FUNDS HAVE BEEN TRANSFERRED TO BE HELD FOR THE USE OF THOSE CHAPTERS. PART V, LINE 4: KAPPA KAPPA GAMMA FOUNDATION, A RELATED ORGANIZATION, MAINTAINS AND ADMINISTERS ENDOWMENTS THAT ARE USED FOR THE LEADERSHIP ACADEMY FOR THE KAPPA KAPPA GAMMA FRATERNITY. THE FUNDS ARE RAISED AND GRANTED BY THE KAPPA KAPPA GAMMA FOUNDATION. THE KAPPA KAPPA GAMMA FRATERNITY MUST APPLY FOR THE GRANTS BEFORE RECEIVING THE FUNDS. PART X, LINE 2: THE FRATERNITY IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION AND HAS OBTAINED EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE U.S. INTERNAL REVENUE CODE. INCOME FROM CERTAIN ACTIVITIES, NOT DIRECTLY RELATED TO ITS TAX-EXEMPT PURPOSE, IS SUBJECT TO FEDERAL INCOME TAXES. NET INVESTMENT INCOME IS ALSO SUBJECT TO INCOME TAXES, EXCEPT TO THE EXTENT SUCH INCOME IS SET ASIDE AND UTILIZED FOR TAX-EXEMPT PURPOSES. GUIDANCE ISSUED BY THE FASB REQUIRES THE FRATERNITY TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE-LIKELY-THAN-NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF UNCERTAIN TAX POSITION THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX LIABILITY IS RECORDED. THE FRATERNITY HAS EXAMINED THIS ISSUE AND HAS DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. THE FRATERNITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNCERTAIN TAX POSITIONS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE FRATERNITY RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE AND DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2023 AND 2022. THE FRATERNITY'S FEDERAL TAX RETURNS FOR THE PRIOR THREE FISCAL YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -380. RENT EXPENSE -274,785. COST BASED REIMBURSEMENT 232,710. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST-BASED REIMBURSEMENT FROM FOUNDATION -232,710. COST OF GOODS SOLD 380. RENT EXPENSE 274,785. X X X 0 0 0 KARI KITTRELL POOLE EXECUTIVE DIRECTOR 163515 0 0 0 0 0 9933 0 8196 0 181644 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A ARTICLE VI FRATERNITY COUNCIL: THE ADMINISTRATION OF THE AFFAIRS OF THE FRATERNITY SHALL BE VESTED IN THE TRUSTEES KNOWN AS THE FRATERNITY COUNCIL, WHO ARE ELECTED OFFICERS OF THE FRATERNITY. IN THE INTERIM BETWEEN GENERAL CONVENTIONS, FRATERNITY BUSINESS AND PROPERTY SHALL BE MANAGED BY OR UNDER THE DIRECTION OF THE FRATERNITY COUNCIL, EXCEPT WHERE THE LAW, THE FRATERNITY ARTICLES OF INCORPORATION, BYLAWS OR STANDING RULES REQUIRE THAT AN ACTION BE AUTHORIZED BY THE GENERAL CONVENTION. FORM 990, PART VI, SECTION A, LINE 6 THE FRATERNITY HAS A TOTAL MEMBERSHIP OF MORE THAN 320,927 WOMEN INITIATED SINCE ITS FOUNDING, WITH 139 ACTIVE COLLEGIATE CHAPTERS IN THE UNITED STATES AND CANADA AND MORE THAN 226 ALUMNAE ASSOCIATIONS WORLDWIDE. ELECTIONS ARE HELD ANNUALLY IN THE SPRING, WITH THE COUNCIL/DISTRICT DIRECTORS INSTALLED AT THE FOLLOWING CONVENTION. FORM 990, PART VI, SECTION A, LINE 7A SEE NARRATIVE FOR PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION A, LINE 7B SEE NARRATIVE FOR PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY MANAGEMENT AND BY COUNCIL. FORM 990, PART VI, SECTION B, LINE 12C THE FRATERNITY COUNCIL, FRATERNITY FINANCE COMMITTEE MEMBERS, MANAGERS AND OFFICERS REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY. EACH COUNCIL MEMBER, FINANCE COMMITTEE MEMBER, MANAGER AND OFFICER INDICATES WHETHER THERE ARE ANY CONFLICTS AND THESE CONFLICTS ARE REVIEWED BY THE COUNCIL. IF ANY CONFLICTS EXIST, THAT INDIVIDUAL DOES NOT PARTICIPATE IN THE DECISION INVOLVING THE RELATED PARTY. FORM 990, PART VI, SECTION B, LINE 15 IN FY 2022, THE ORGANIZATION REVIEWED AND APPROVED THE EXECUTIVE DIRECTOR'S COMPENSATION UTILIZING SALARY SURVEYS THAT INCLUDED SIMILAR ORGANIZATIONS IN THEIR DELIBERATION PROCESS. THE ORGANIZATION DOES NOT HAVE ANY OTHER OFFICERS OR KEY EMPLOYEES. THEREFORE, LINE 15B HAS BEEN ANSWERED "NO" PER THE FORM 990 INSTRUCTIONS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 18 THE 990, AUDITED FINANCIAL STATEMENTS AND OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST AND AFTER THE BOARD OF TRUSTEES HAVE REVIEWED THE REQUEST FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS MAY BE MADE AVAILABLE UPON REQUEST AND AFTER COUNCIL APPROVAL. FORM 990, PART XI, LINE 9: ADOPTION OF ASC 842 - DEFERRED RENT 371,312. FORM 990 PART XI LINE 9 THE ORGANIZATION PREVIOUSLY HAD DEFERRED RENT FROM INITIAL ABATED COSTS THAT WAS RECOGNIZED INTO RETAINED EARNINGS FOR $371,312. FORM 990, PART XII, LINE 2C: THE FINANCIAL STATEMENTS WERE INDEPENDENTLY AUDITED BY CLIFTONLARSONALLEN, LLP. KAPPA KAPPA FOUNDATION 6640 RIVERSIDE DRIVE SUITE 200 DUBLIN OH 43017 316049792 CHARITABLE FOUNDATION OH 501(C)(3) LINE 7 0 KAPPA KAPPA GAMMA FRATERNITY HOUSING CORPORATION 6640 RIVERSIDE DRIVE SUITE 200 DUBLIN OH 43017 831084242 HOUSING FOR CHAPTER MEMBERS OH 501(C)(7) KAPPA KAPPA GAMMA FRATERNITY 1 0 0 1 1 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 KAPPA KAPPA GAMMA FOUNDATION C 1069231 AUDITED VALUE KAPPA KAPPA GAMMA FOUNDATION Q 232710 AUDITED VALUE KAPPA KAPPA GAMMA FOUNDATION J 115035 AUDITED VALUE KAPPA KAPPA GAMMA FRATERNITY HOUSING CORPORATION D 1290113 AUDITED VALUE KAPPA KAPPA GAMMA FRATERNITY HOUSING CORPORATION D 1435521 AUDITED VALUE KAPPA KAPPA GAMMA FRATERNITY HOUSING CORPORATION Q 1142 AUDITED VALUE