Skip to main content

Nonprofit · EIN 26-0731777

GAMMA UPSILON ALUMNI CORPORATION

Tax-exempt · PARK RIDGE, IL 60068

Financials

$41K$38K2023$53K$54K2024$46K$41K2025
Revenue Expenses · by fiscal year end
Financials of GAMMA UPSILON ALUMNI CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$46,315$40,599$5,716$360,164$1,800$358,364
December 31, 2024990-EZ$53,284$54,255-$971$354,348$1,700$352,648
December 31, 2023990-EZ$41,187$37,927$3,260$355,319$1,700$353,619
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$6,106
Program service revenue
$40,200
Investment income
$9

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$5,232
Occupancy
$35,367

Balance sheet and other

Total assets, start of year
$354,348
Total assets, end of year
$360,164
Total liabilities, end of year
$1,800
Net assets, end of year
$358,364
Cash, savings and investments
$112,668
Land and buildings
$27,990
Gross receipts
$46,315

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL A SCHEVEPRESIDENT0$0
TOM RODGERSVICE PRESIDE0$0
TYRONE SIMTHSECRETARY0$0
SCOTT NEKOLNYTREASURER0$0
KEN LOMBARDACTIVITIES D0$0
DAVE JENSENDIR. OF FUND0$0
JAMES KIRCHHOFFDIRECTOR0$0
JEFF GROVESDIRECTOR0$0
990-EZ for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
MICHAEL A SCHEVEPRESIDENT0$0
TOM RODGERSVICE PRESIDE0$0
KEN LOMBARDDIRECTOR0$0
TYRONE SIMTHSECRETARY0$0
JAMES KIRCHHOFFDIRECTOR0$0
SCOTT NEKOLNYTREASURER0$0
DAVE JENSENDIRECTOR0$0
JEFF GROVESDIRECTOR0$0
990-EZ for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MICHAEL A SCHEVETREASURER0$0
TOM RODGERSVICE PRESIDE0$0
KEN LOMBARDDIRECTOR0$0
TYRONE SIMTHSECRETARY0$0
JAMES KIRCHHOFFDIRECTOR0$0
JEFF ALBRECHTDIRECTOR0$0
MARTY DEERINGPRESIDENT0$0
RYAN PHELPSDIRECTOR0$0

Address and contacts

Address (IRS master file)
805 W TOUHY AVE, PARK RIDGE, IL 60068-3300
In care of
% THETA CHI FUNDS INC
Signed the 990-EZ
MICHAEL A SCHEVE, PRESIDENT
Phone
(847) 699-7600
Return prepared by
ROZOVICS GROUP LLP

Mission

THE PRINCIPAL ACTIVITY OF GUAC IS THE MANAGEMENT AND IMPROVEMENT OF THE CHAPTER HOUSE FACILITY (1308 W. FREDONIA PEORIA, IL 61606) FOR THE UNDERGRADUATE CHAPTER OF A NATIONAL SOCIAL FRATERNITY (THETA CHI FRATERNITY, 3330 FOUNDERS ROAD, INDIANAPOLIS, IN 46268).

990-EZ for the year ended December 31, 2025

Program accomplishments

  • COLLECT RENTS AND MANAGE CHAPTER HOUSE IN PEORIA, IL
  • RAISE FUNDS FROM ALUMNI MEMBERS.
  • HOST PERIODIC SOCIAL EVENTS WITH UNDERGRADUATE AND ALUMNI MEMBERS.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
26-0731777
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2011
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B84)
Assets (IRS master file)
$360,164
Income (IRS master file)
$46,315

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$46,315$40,599$360,164XML
990-EZDecember 2024$53,284$54,255$354,348XML
990-EZDecember 2023$41,187$37,927$355,319XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0731777).

Questions about GAMMA UPSILON ALUMNI CORPORATION

What is the EIN of GAMMA UPSILON ALUMNI CORPORATION?
The employer identification number (EIN) of GAMMA UPSILON ALUMNI CORPORATION is 26-0731777.
Is GAMMA UPSILON ALUMNI CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2011.
Are donations to GAMMA UPSILON ALUMNI CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GAMMA UPSILON ALUMNI CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GAMMA UPSILON ALUMNI CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GAMMA UPSILON ALUMNI CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of GAMMA UPSILON ALUMNI CORPORATION?
The 990-EZ for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does GAMMA UPSILON ALUMNI CORPORATION have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $46,315, expenses of $40,599 and total assets of $360,164 at year end.

Other nonprofits in PARK RIDGE

All nonprofits in PARK RIDGE · Illinois · Education