Purdue Triangle Housing Corp FY2023 filing

Not tax-deductible

Lafayette, IN501(c)(7)EIN 35-6072143Revenue $299K in FY2023

On file with the IRSPo Box 745, 47902-0745 · Lafayette, INTax-exempt since Oct 1940

This page gets seen. Tell your story. Claim this org.

To support the various educational programs of the Purdue chapter of Triangle fraternity.

Mission: Form 990 Part I, line 1

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $51K a year · 27% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Cash reserves
9 mo
of spending, in cash
Looks good: 9.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$390K
196% of total assets
Concern: liabilities are 196% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$299K
+102% vs prior year
Spent
$162K
Net assets
−$190K
By yearFY2020–FY2025
Revenue
$299K
FY2023▲ +102%
Tap a bar for its year
Revenue by fiscal year
FY2020$158K
FY2021$148K
FY2022$148K
FY2023$299K
FY2024$149K
FY2025$148K
Expenses
$162K
FY2023▲ +80%
Tap a bar for its year
Expenses by fiscal year
FY2020$166K
FY2021$131K
FY2022$90K
FY2023$162K
FY2024Not on file
FY2025Not on file
Net assets
−$190K
FY2023▼ -17%
Tap a bar for its year
Net assets by fiscal year
FY2020−$239K
FY2021−$223K
FY2022−$163K
FY2023−$190K
FY2024−$155K
FY2025−$106K

From the FY2023 Form 990 (year ending June 2023) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1940.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Purdue Triangle Housing Corp executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds educational programs for Purdue's Triangle Fraternity chapter.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2022
01

Operation of chapter house for approximately 70 fraternity members who are students at purdue university.

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$299K
Ln 12
Gifts and grantsLn 1h$214K
Fees for servicesLn 2g$85K
Money outPt IX
$162K
Ln 25
Owns and owesPt X
−$190K
net assets · Ln 32
Cash and savingsLn 1–2$122K
Total assetsLn 16$199K
LiabilitiesLn 26$390K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$214K
Fees for servicesLn 2g$85K
Total revenueLn 12$299K
Assets in detailPt X, end of year
CashLn 1$122K
Cash and savings togetherLn 1–2$122K
Land, buildings, equipmentLn 10c$74K
Other assetsLn 15$2K
Total assetsLn 16$199K
LiabilitiesLn 26$390K
Net assetsLn 32−$190K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$80K$122K
Land, buildings, equipmentLn 10c$75K$74K
Total assetsLn 16$235K$199K
LiabilitiesLn 26$399K$390K
Net assetsLn 32−$163K−$190K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$2K
Other fees for servicesLn 11g$22K
Advertising and promotionLn 12$8K
Office expensesLn 13$2K
OccupancyLn 16$70K
InterestLn 20$45K
Depreciation, depletion and amortizationLn 22$1K
Other expenses (24a–d)Ln 24$12K
All other expensesLn 24e$2K
Total functional expensesLn 25$162K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $148K−$106K 990 PDF
FY2024 $149K−$155K 990 PDF
FY2023 Viewing $299K$162K$137K−$190K 990 PDF
FY2022 $148K$90K$58K−$163K 990 PDF
FY2021 $148K$131K$17K−$223K 990 PDF
FY2020 $158K$166K−$8K−$239K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $298,932 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$214,297
I-9 Program service revenuePrior year $147,889$84,635
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $147,889$298,932
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $90,317$162,195
I-18 Total expensesPrior year $90,317$162,195
I-19 Revenue less expensesPrior year $57,572$136,737
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $298,932 across 4 lines filed
VIII-1f All other contributions, gifts and grants$214,297
VIII-1h Total contributions, gifts and grants$214,297
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $84,635$84,635
VIII-12 Total revenueRelated to mission $84,635 · Unrelated business $0 · Excluded from tax $0$298,932
Part IX · Statement of functional expenses $162,195 across 9 lines filed
IX-11c Accounting fees$1,512
IX-11g Other fees for services$22,237
IX-12 Advertising and promotion$7,500
IX-13 Office expenses$1,691
IX-16 Occupancy$69,814
IX-20 Interest$44,750
IX-22 Depreciation, depletion and amortization$1,056
IX-24 Other expenses (24a–d)$11,642
IX-24e All other expenses$1,993
IX-25 Total functional expenses$162,195
Part X · Balance sheet $199,056 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $80,023$122,371
X-10c Land, buildings and equipment, netStart of year $75,240$74,185
X-15 Other assetsStart of year $2,176$2,500
X-16 Total assetsStart of year $235,320$199,056
X-25 Other liabilitiesStart of year $0$17,926
X-26 Total liabilitiesStart of year $398,734$389,529
X-27 Net assets without donor restrictionsStart of year −$163,414−$190,473
X-32 Total net assets or fund balancesStart of year −$163,414−$190,473
X-33 Total liabilities and net assetsStart of year $235,320$199,056
Part XI · Reconciliation of net assets −$190,473 net assets at year end
XI-1 Total revenue$298,932
XI-2 Total expenses$162,195
XI-3 Revenue less expenses$136,737
XI-4 Net assets at start of year−$163,414
XI-8 Prior period adjustments−$163,796
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$190,473

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.