Nonprofit · EIN 26-0731777
GAMMA UPSILON ALUMNI CORPORATION
Tax-exempt · PARK RIDGE, IL 60068
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $46,315 | $40,599 | $5,716 | $360,164 | $1,800 | $358,364 |
| December 31, 2024 | 990-EZ | $53,284 | $54,255 | -$971 | $354,348 | $1,700 | $352,648 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL A SCHEVE | PRESIDENT | 0 | $0 |
| TOM RODGERS | VICE PRESIDE | 0 | $0 |
| TYRONE SIMTH | SECRETARY | 0 | $0 |
| SCOTT NEKOLNY | TREASURER | 0 | $0 |
| KEN LOMBARD | ACTIVITIES D | 0 | $0 |
| DAVE JENSEN | DIR. OF FUND | 0 | $0 |
| JAMES KIRCHHOFF | DIRECTOR | 0 | $0 |
| JEFF GROVES | DIRECTOR | 0 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL A SCHEVE | PRESIDENT | 0 | $0 |
| TOM RODGERS | VICE PRESIDE | 0 | $0 |
| KEN LOMBARD | DIRECTOR | 0 | $0 |
| TYRONE SIMTH | SECRETARY | 0 | $0 |
| JAMES KIRCHHOFF | DIRECTOR | 0 | $0 |
| SCOTT NEKOLNY | TREASURER | 0 | $0 |
| DAVE JENSEN | DIRECTOR | 0 | $0 |
| JEFF GROVES | DIRECTOR | 0 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL A SCHEVE | TREASURER | 0 | $0 |
| TOM RODGERS | VICE PRESIDE | 0 | $0 |
| KEN LOMBARD | DIRECTOR | 0 | $0 |
| TYRONE SIMTH | SECRETARY | 0 | $0 |
| JAMES KIRCHHOFF | DIRECTOR | 0 | $0 |
| JEFF ALBRECHT | DIRECTOR | 0 | $0 |
| MARTY DEERING | PRESIDENT | 0 | $0 |
| RYAN PHELPS | DIRECTOR | 0 | $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
- Website
- WWW.BUOX.ORG
- 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).
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $46,315 | $40,599 | $360,164 | XML |
| 990-EZ | December 2024 | $53,284 | $54,255 | $354,348 | XML |
| 990-EZ | December 2023 | $41,187 | $37,927 | $355,319 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 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
- LAKOU NFP EIN 82-2703338 · last filed 990 for 2025
- REV JOHN P SMYTH STANDING TALL CHARITABLE FOUNDATION EIN 32-0156071 · last filed 990 for 2024
- EUGENE FIELD SCHOOL PARENT TEACHER ORGANIZATION EIN 26-0361837 · last filed 990-EZ for 2025
- MARIA SKLODOWSKA-CURIE POLISH SCHOOL EIN 38-3938807 · last filed 990-EZ for 2025
- MAINE TOWNSHIP HIGH SCHOOL DISTRICT EDUCATIONAL FOUNDATION EIN 36-3898078 · last filed 990-EZ for 2025
- WASHINGTON SCHOOL PTO EIN 35-2298679 · last filed 990 for 2025
- ILLINOIS CONGRESS OF PARENTS TEACHERS EIN 26-3574251 · last filed 990-EZ for 2025
- MAINE SOUTH HAWKETTE BOOSTERS NFP EIN 30-0680462 · last filed 990 for 2026