Nonprofit · EIN 56-1386079
EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION
Tax-exempt · RALEIGH, NC 27609
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $262,879 | $263,888 | -$1,009 | $957,117 | $319,992 | $637,125 |
| December 31, 2023 | 990 | $235,418 | $242,487 | -$7,069 | $986,596 | $348,462 | $638,134 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $18
- Net rental income
- $262,861
- Other revenue
- $262,861
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $7,000
- Accounting fees
- $2,800
- Depreciation
- $73,154
- Program services (functional)
- $122,286
- Management and general (functional)
- $134,602
- Fundraising (functional)
- $7,000
Balance sheet and other
- Total assets, start of year
- $986,596
- Total assets, end of year
- $957,117
- Total liabilities, end of year
- $319,992
- Net assets, end of year
- $637,125
- Land, buildings and equipment
- $838,975
- Net assets without donor restrictions
- $637,125
- Gross receipts
- $389,484
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1851
- State of legal domicile
- NC
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Hughes | House Maintenance Chair Officer | 2 | $0 |
| David Batten | President Officer | 2 | $0 |
| George T Barnes Jr | Treasurer Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| George T Barnes Jr | Treasurer Officer | 2 | $0 |
| John Hughes | House Maintenance Chair Officer | 2 | $0 |
| David Batten | President Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3825 BARRETT DR STE 100, RALEIGH, NC 27609-7221
- In care of
- % GEORGE T BARNES JR
- Principal officer (990 for 2024)
- George T Barnes Jr, 3825 Barrett Dr, Suite 100, RALEIGH, NC 27609
- Signed the 990
- George T, Barnes Jr
- Phone
- (919) 459-2605
Mission
The corporation rents and maintains a fraternity house for undergraduate members of Epsilon of Phi Gamma Delta Inc.
Program accomplishments
- The House Corporation maintains the upkeep and maintenance of the fraternity houseExpenses $122,286
- The House Corporation provides boarding for members of Phi Gamma Delta. The house can provides housing for over 20 members.0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1386079
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1940
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 0204: PHI GAMMA DELTA FRATERNITY
- Assets (IRS master file)
- $957,117
- Income (IRS master file)
- $389,484
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $262,879 | $263,888 | $957,117 | XML |
| 990 | December 2023 | $235,418 | $242,487 | $986,596 | XML |
| 990 | December 2022 | $220,374 | $269,562 | $1,021,871 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 56-1386079).
Questions about EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION
- What is the EIN of EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION?
- The employer identification number (EIN) of EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION is 56-1386079.
- Is EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1940.
- Are donations to EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION?
- The 990 for the year ended December 31, 2024 names George T Barnes Jr.
- Who are the officers and directors of EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does EPSILON OF PHI GAMMA DELTA INC HOUSE CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $262,879, expenses of $263,888 and total assets of $957,117 at year end.
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