STRATEGY STUDIO / PUBLIC DATA EXPLORER

KAPPA SIGMA FRATERNITY BUILDING ASSOCIATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
KAPPA SIGMA FRATERNITY BUILDING ASSOCIATION (EIN 39-6089111)
Tax period
2013-06-01 to 2014-05-31
Filed
2014-09-18
IRS object ID
201402619349300530
Schema version
2013v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2014-09-18T16:19:54-05:00ReturnTs
Tax Period End2014-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN411676293PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1THORSEN BREIDINGER AND NOVAK PABusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12425 MARGARET ST NAddressLine1
CityNORTH SAINT PAULCity
StateMNState
ZIP Code551093019ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN396089111EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KAPPA SIGMA BUILDING ASSOCIATIONBusinessNameLine1
Business Name Line2% JOE BRILLBusinessNameLine2
FieldValueIRS element (for citing)
Business Name ControlKAPPBusinessNameControlTxt
Phone6123787600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15437 DUPONT AVENUE SAddressLine1
CityMINNEAPOLISCity
StateMNState
ZIP Code55419ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOE BRILLPersonNm
Person TitleTREASURERPersonTitleTxt
Phone6123787600PhoneNum
Signature2014-09-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTOPHER T THORSENPreparerPersonNm
PTINP00115148PTIN
Phone6517708822PhoneNum
Preparation2014-09-18PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOE BRILLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15437 DUPONT AVENUE SAddressLine1
CityMINNEAPOLISCity
StateMNState
ZIP Code55419ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$377,190GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1909FormationYr
Legal Domicile StateWILegalDomicileStateCd
Activity Or MissionKAPPA SIGMA BUILDING ASSOCIATION PROVIDES ROOM AND BOARD TO THE MEMBERS OF THE KAPPA SIGMA FRATERNITY - BETA EPSILON CHAPTER AT THE UNIVERSITY OF WISCONSIN-MADISON.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$890CYContributionsGrantsAmt
PY Program Service Revenue$296,722PYProgramServiceRevenueAmt
CY Program Service Revenue$340,841CYProgramServiceRevenueAmt
PY Investment Income$6,870PYInvestmentIncomeAmt
CY Investment Income$12,005CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$303,592PYTotalRevenueAmt
CY Total Revenue$353,736CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,000PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,000CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$277,105PYOtherExpensesAmt
CY Other Expenses$278,147CYOtherExpensesAmt
PY Total Expenses$285,105PYTotalExpensesAmt
CY Total Expenses$287,147CYTotalExpensesAmt
PY Revenues Less Expenses$18,487PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$66,589CYRevenuesLessExpensesAmt
Total Assets BOY$1,373,013TotalAssetsBOYAmt
Total Assets EOY$1,406,934TotalAssetsEOYAmt
Total Liabilities BOY$692,249TotalLiabilitiesBOYAmt
Total Liabilities EOY$659,252TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$680,764NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$747,682NetAssetsOrFundBalancesEOYAmt
MissionKAPPA SIGMA BUILDING ASSOCIATION PROVIDES ROOM AND BOARD TO THE MEMBERS OF THE KAPPA SIGMA FRATERNITY - BETA EPSILON CHAPTER AT THE UNIVERSITY OF WISCONSIN-MADISON.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$282,601ExpenseAmt
Revenue$340,841RevenueAmt
DescKAPPA SIGMA BUILDING ASSOCIATION PROVIDES ROOM AND BOARD TO THE MEMBERS OF THE KAPPA SIGMA FRATERNITY - BETA EPSILON CHAPTER AT THE UNIVERSITY OF WISCONSIN-MADISON.Desc
Total Program Service Expenses$282,601TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJOE BRILLPersonNm
Phone6123787600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15437 DUPONT AVENUE SAddressLine1
CityMINNEAPOLISCity
StateMNState
ZIP Code55419ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DAVE STUESSI
MEMBER1.00Yes (X)$0$0$0
BROOK NYSTROM
MEMBER1.00Yes (X)$0$0$0
MATT HERBST
MEMBER1.00Yes (X)$0$0$0
THOMAS GILLIGAN
MEMBER1.00Yes (X)$0$0$0
JOHN RATLIFF
MEMBER1.00Yes (X)$0$0$0
CHARLES BARNEY
MEMBER1.00Yes (X)$0$0$0
JOE BRILL
TREASURER7.00$9,000$0$0Yes (X)
BRIAN THOEMKE
PRESIDENT5.00$0$0$0Yes (X)
TONY JEWETT
SECRETARY5.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$9,000TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$890AllOtherContributionsAmt
Total Contributions$890TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescROOM AND BOARDDesc
Total Revenue Column$340,841TotalRevenueColumnAmt
Related Or Exempt Func Income$340,841RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$340,841TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,975TotalRevenueColumnAmt
Exclusion$2,975ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$29,440SecuritiesAmt
Other$3,044OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$23,454SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$5,986SecuritiesAmt
Other$3,044OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,030TotalRevenueColumnAmt
Exclusion$9,030ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$353,736TotalRevenueColumnAmt
Related Or Exempt Func Income$340,841RelatedOrExemptFuncIncomeAmt
Exclusion$12,005ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$9,000TotalAmt
Program Services$9,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,140TotalAmt
Management And General$2,140ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$2,231TotalAmt
Management And General$2,231ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$30,100TotalAmt
Program Services$30,100ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$155TotalAmt
Management And General$155ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$54,872TotalAmt
Program Services$54,872ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$32,763TotalAmt
Program Services$32,763ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$51,998TotalAmt
Program Services$51,998ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,595TotalAmt
Program Services$8,595ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
MEAL PLAN$78,021$78,021
REPAIRS & MAINTENANCE$17,252$17,252
MISCELLANEOUS$20$20

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$287,147TotalAmt
Program Services$282,601ProgramServicesAmt
Management And General$4,546ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$52,747BOYAmt
EOY$102,200EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$145,411BOYAmt
EOY$155,514EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$3,197EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,165,672LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,023,105LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,170,780BOYAmt
EOY$1,142,567EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$4,075BOYAmt
EOY$3,456EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,373,013BOYAmt
EOY$1,406,934EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$692,249BOYAmt
EOY$659,252EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$692,249BOYAmt
EOY$659,252EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$680,764BOYAmt
EOY$747,682EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$680,764BOYAmt
EOY$747,682EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,373,013BOYAmt
EOY$1,406,934EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$66,589ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$329OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,136,227OtherCostOrOtherBasisAmt
Depreciation$1,015,471DepreciationAmt
Book Value$1,120,756BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$29,445OtherCostOrOtherBasisAmt
Depreciation$7,634DepreciationAmt
Book Value$21,811BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,142,567TotalBookValueLandBuildingsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 6ALL ALUMNI OF THE BETA EPSILON CHAPTER OF KAPPA SIGMA AT THE UNIVERSITY OF WISCONSIN-MADISON ARE MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 7ATHE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS AT THE ANNUAL MEETING. EACH DIRECTOR IS ELECTED FOR A THREE YEAR TERM AND MAY SERVE UP TO FOUR CONSECUTIVE TERMS. TO BE ELIGIBLE FOR ELECTION TO THE BOARD OF DIRECTORS AN INDIVIDUAL MUST BE A MEMBER OF THE ORGANIZATION.
FORM 990, PAGE 6, PART VI, LINE 11BA COPY OF IRS FORM 990 IS PROVIDED TO THE BOARD FOR THEIR APPROVAL AND ACCEPTANCE BEFORE FILING.
FORM 990, PAGE 6, PART VI, LINE 15AINFORMAL BOARD APPROVAL.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR BOOKS AVAILABLE TO THE PUBLIC.
FORM 990, PART XI, LINE 9NET UNREALIZED GAIN ON INVESTMENTS 329