Supreme Chapter - Delta Sigma Delta FY2020 filing

Not tax-deductible

Nekoosa, WI501(c)(6)EIN 84-6044836Revenue $185K in FY2020

On file with the IRSdeltsig.com296 15th Ave, 54457-8063 · Nekoosa, WITax-exempt since Aug 1967

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Supreme Chapter - Delta Sigma Delta is organized and operated to promote the common business interest of dentists. The fraternity educates its members through various programs and activities relating to the dental profession, inculcates a spirit of fraternal cooperation among dental practitioners and students, and maintains and supports high standards of dentistry.

$72K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $35K a year · 10% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$72K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 13 voting members
Looks good: 11 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$185K
Spent
$322K
Net assets
$2.0M
By yearFY2020–FY2024
Revenue
$185K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$185K
FY2021$382K
FY2022$262K
FY2023$387K
FY2024$567K
Expenses
$322K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$322K
FY2021$369K
FY2022$376K
FY2023$413K
FY2024$478K
Net assets
$2.0M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.0M
FY2021$2.0M
FY2022$1.9M
FY2023$1.8M
FY2024$1.9M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1967.

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

Who runs it and what they're paid

13 people listed on the 990; $72K paid to officers and key staff.

Part VII, Section A · reportable compensation
Supreme Scribe
$60,000Pt VII · Sec A
Supreme Historian
$12,000Pt VII · Sec A
Supreme Grand Master
$0Pt VII · Sec A
Supreme Treasurer
$0Pt VII · Sec A
Council of Grad Chap
$0Pt VII · Sec A
Council of Grad Chap
$0Pt VII · Sec A
Council of Deputies
$0Pt VII · Sec A
Council of Deputies
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John H Prey$75,000$67,500$60,000$60,000$60,000
Thomas C Lakars$15,000$13,500$12,000$12,000$12,000
George W Sferra JR$12,000$6,000———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Promotes dentists' business interests through education, cooperation, and high standards.

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Provided by the organization

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2 programs · in their own filed words · FY2020
01

The organization sponsors conferences and meetings for its members.

Pt IX · col B
02

The organization publishes and mails the dental magazine "demos."

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$185K
Ln 12
Fees for servicesLn 2g$136K
Investment incomeLn 3$22K
Gifts and grantsLn 1h$16K
Money outPt IX
$322K
Ln 25
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$20K
Total assetsLn 16$2.0M
LiabilitiesLn 26$3K
PeoplePt VI, VII
13
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$16K
Fees for servicesLn 2g$136K
Investment incomeLn 3$22K
Other incomeLn 4–11$11K
Gains on assetsLn 7−$12K
Total revenueLn 12$185K
Assets in detailPt X, end of year
SavingsLn 2$20K
Cash and savings togetherLn 1–2$20K
InvestmentsLn 11–13$1.9M
Land, buildings, equipmentLn 10c$98
Total assetsLn 16$2.0M
LiabilitiesLn 26$3K
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 51
VolunteersI 6144
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$8K$20K
InvestmentsLn 11–13$2.1M$1.9M
Land, buildings, equipmentLn 10c$210$98
Total assetsLn 16$2.1M$2.0M
LiabilitiesLn 26$3K$3K
Net assetsLn 32$2.1M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$72K
Payroll taxesLn 10$5K
Accounting feesLn 11c$7K
Investment management feesLn 11f$19K
Other fees for servicesLn 11g$4K
Office expensesLn 13$15K
Information technologyLn 14$9K
OccupancyLn 16$3K
Conferences, conventions and meetingsLn 19$71K
Depreciation, depletion and amortizationLn 22$112
InsuranceLn 23$22K
Other expenses (24a–d)Ln 24$84K
All other expensesLn 24e$13K
Total functional expensesLn 25$322K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $567K$478K$89K$1.9M 990 PDF
FY2023 $387K$413K−$26K$1.8M 990 PDF
FY2022 $262K$376K−$114K$1.9M 990 PDF
FY2021 $382K$369K$13K$2.0M 990 PDF
FY2020 Viewing $185K$322K−$137K$2.0M 990 PDF

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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 FY2020 990 (6 parts)
Part I · Summary $185,239 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $12,480$16,262
I-9 Program service revenuePrior year $227,686$135,987
I-10 Investment incomePrior year $159,283$21,756
I-11 Other revenuePrior year $4,089$11,234
I-12 Total revenuePrior year $403,538$185,239
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 $76,632$76,632
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $296,055$245,679
I-18 Total expensesPrior year $372,687$322,311
I-19 Revenue less expensesPrior year $30,851−$137,072
Part VI · Governance 11 of 13 board members independent, 2 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members11
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
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $185,239 across 7 lines filed
Lines not itemized here account for $2,025 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$16,262
VIII-1h Total contributions, gifts and grants$16,262
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $135,987$135,987
VIII-3 Investment incomeExcluded from tax $34,074$34,074
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$12,318−$12,318
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,279 · Unrelated business $1,930$9,209
VIII-12 Total revenueRelated to mission $145,291 · Unrelated business $1,930 · Excluded from tax $21,756$185,239
Part IX · Statement of functional expenses $322,311 across 13 lines filed
IX-7 Other salaries and wages$72,000
IX-10 Payroll taxes$4,632
IX-11c Accounting fees$6,930
IX-11f Investment management fees$18,723
IX-11g Other fees for services$3,600
IX-13 Office expenses$14,741
IX-14 Information technology$8,670
IX-16 Occupancy$3,000
IX-19 Conferences, conventions and meetings$70,880
IX-22 Depreciation, depletion and amortization$112
IX-23 Insurance$22,075
IX-24 Other expenses (24a–d)$83,693
IX-24e All other expenses$13,255
IX-25 Total functional expenses$322,311
Part X · Balance sheet $1,962,072 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $7,513$19,517
X-8 Inventories for sale or useStart of year $41,249$40,248
X-10c Land, buildings and equipment, netStart of year $210$98
X-11 Publicly traded securitiesStart of year $2,050,326$1,902,209
X-16 Total assetsStart of year $2,099,298$1,962,072
X-25 Other liabilitiesStart of year $3,255$3,101
X-26 Total liabilitiesStart of year $3,255$3,101
X-27 Net assets without donor restrictionsStart of year $2,096,043$1,958,971
X-32 Total net assets or fund balancesStart of year $2,096,043$1,958,971
X-33 Total liabilities and net assetsStart of year $2,099,298$1,962,072
Part XI · Reconciliation of net assets $1,958,971 net assets at year end
XI-1 Total revenue$185,239
XI-2 Total expenses$322,311
XI-3 Revenue less expenses−$137,072
XI-4 Net assets at start of year$2,096,043
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,958,971

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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