Nonprofit · EIN 58-0193363
FRATERNITY HOUSING CORPORATION
Tax-exempt (reinstated) · LEXINGTON, VA 24450
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,097,697 | $3,196,812 | -$99,115 | $6,637,807 | $5,699,441 | $938,366 |
| June 30, 2024 | 990 | $259,338 | $672,237 | -$412,899 | $4,915,240 | $3,878,360 | $1,036,880 |
| June 30, 2023 | 990 | $941,351 | $732,040 | $209,311 | $4,569,081 | $3,316,152 | $1,252,929 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $155,041
- Program service revenue
- $2,893,113
- Investment income
- $49,543
- Net gain from sales of assets
- $909
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $29,500
- Other salaries and wages
- $115,367
- Salaries, compensation and benefits (total)
- $144,867
- Professional fundraising fees
- $0
- Legal fees
- $19,135
- Accounting fees
- $64,358
- Occupancy
- $913,603
- Travel
- $24,058
- Depreciation
- $112,787
Balance sheet and other
- Total assets, start of year
- $4,915,240
- Total assets, end of year
- $6,637,807
- Total liabilities, end of year
- $5,699,441
- Net assets, end of year
- $938,366
- Land, buildings and equipment
- $4,756,893
- Gross receipts
- $5,291,891
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1948
- State of legal domicile
- DE
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LARRY STANTON WIESE | PRESIDENT Officer | 1 | $29,500 | $407,691 | $31,000 |
| KING V AIKEN JR | CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 | $0 |
| L BLAIR BAILEY | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 | $0 |
| MATTHEW R HOLLOMON | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| H DAVID PINSON | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| DAVID T MARTINEAU V | TREASURER Trustee or director | 0 | $0 | $0 | $0 |
| ROBERT H WALL | SECRETARY Trustee or director | 0 | $0 | $0 | $0 |
| TODD REAVES | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LARRY STANTON WIESE | PRESIDENT Officer | 1 | $29,500 | $348,191 | $23,000 |
| KING V AIKEN JR | CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 | $0 |
| JAMES M SCHMUCK | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 | $0 |
| DERICK S CLOSE | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| L BLAIR BAILEY | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| MALCOLM H LILES | TREASURER Trustee or director | 0 | $0 | $0 | $0 |
| DAVID T MARTINEAU V | SECRETARY Trustee or director | 0 | $0 | $0 | $0 |
| ROBERT H WALL | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LARRY STANTON WIESE | PRESIDENT Officer | 1 | $29,600 | $336,586 | $22,500 |
| KING V AIKEN JR | CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 | $0 |
| JAMES M SCHMUCK | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 | $0 |
| DERICK S CLOSE | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| L BLAIR BAILEY | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| MALCOLM H LILES | TREASURER Trustee or director | 0 | $0 | $0 | $0 |
| DAVID T MARTINEAU V | SECRETARY Trustee or director | 0 | $0 | $0 | $0 |
| ROBERT H WALL | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 115 LIBERTY HALL RD, LEXINGTON, VA 24450-1702
- Principal officer (990 for 2024)
- KING V AIKEN JR, 115 LIBERTY HALL ROAD, LEXINGTON, VA 24450
- Signed the 990
- LARRY STANTON WIESE, PRESIDENT
- Phone
- (540) 463-1865
- Return prepared by
- RAETZ & HAWKINS PC CPAS
Mission
HOUSING FOR MEMBERS OF KAPPA ALPHA ORDER
Program accomplishments
- HOUSING FOR: UPSILON CHAPTER OF KAPPA ALPHA ORDER AT UNIVERSITY OF NORTH CAROLINA AND GAMMA TAU CHAPTER OF KAPPA ALPHA ORDER AT SAM HOUSTON STATE UNIVERSITY.
- PROPERTY, CASUALTY & LIABILITY INSURANCE PROGRAM FOR LOCAL HOUSING CORPORATIONS THAT ARE AFFILIATES OF KAPPA ALPHA ORDER AND THAT PROVIDE HOUSING FOR UNDERGRADUATE MEMBERS OF KAPPA ALPHA ORDER.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-0193363
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,637,807
- Income (IRS master file)
- $5,291,891
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- February 11, 2013
- Reinstated
- Effective November 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,097,697 | $3,196,812 | $6,637,807 | IRS |
| 990 | June 2024 | $259,338 | $672,237 | $4,915,240 | IRS |
| 990 | June 2023 | $941,351 | $732,040 | $4,569,081 | XML |
| 990 | June 2022 | $1,522,465 | $490,222 | $5,856,311 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 58-0193363).
Questions about FRATERNITY HOUSING CORPORATION
- What is the EIN of FRATERNITY HOUSING CORPORATION?
- The employer identification number (EIN) of FRATERNITY HOUSING CORPORATION is 58-0193363.
- Is FRATERNITY HOUSING CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective November 15, 2010.
- Which annual return does FRATERNITY HOUSING 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 FRATERNITY HOUSING CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRATERNITY HOUSING CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FRATERNITY HOUSING CORPORATION?
- The 990 for the year ended June 30, 2025 names KING V AIKEN JR.
- Who are the officers and directors of FRATERNITY HOUSING CORPORATION?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $29,500 (LARRY STANTON WIESE, PRESIDENT).
- How much revenue does FRATERNITY HOUSING CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,097,697, expenses of $3,196,812 and total assets of $6,637,807 at year end.
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