2013-06-12T08:48:55-05:00 2012-07-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST SUITE 400 CARMEL IN 46032 990 2011-08-01 351992276 ALPHA CHI OMEGA NATIONAL HOUSING CORPORATION ALPH 3175795050 5939 CASTLE CREEK PARKWAY NORTH DR INDIANAPOLIS IN 462504343 TAMI SHIELDS SILVERMAN 3175795050 2013-06-10 1 ANGELA N CRAWFORD P00573197 3178488920 2013-06-10 2011 2016-03-07 17:11:31Z TAMI SHIELDS SILVERMAN 5939 CASTLE CREEK PKWY N INDPLS IN 46250 8607374 0 X WWW.ALPHACHIOMEGA.ORG X 1995 IN ALPHA CHI OMEGA NATIONAL HOUSING CORPORATION WAS ESTABLISHED TO MANAGE AND/OR OWN FACILITIES AND TO PROVIDE SERVICE FOR ALPHA CHI OMEGA HOUSE CORPORATIONS AND PROPERTY MANAGEMENT TEAMS. THE ORGANIZATION WAS ALSO ORGANIZED TO FACILITATE, FOSTER, AND ENCOURAGE FRIENDSHIP, RECREATION, SOCIAL INTERACTION, THE PURSUIT OF KNOWLEDGE, AND OTHER NON-PROFIT PURPOSES AND ACTIVITIES AMONG ITS MEMBERS. 7 7 0 250 139017 -40886 1077599 2934601 4149371 4111677 556869 -824909 33333 46543 5817172 6267912 346166 0 0 0 514524 533626 0 0 0 4465678 4608290 5326368 5141916 490804 1125996 22277021 22730065 8118421 7418670 14158600 15311395 ENHANCE THE EXPERIENCE OF ALPHA CHI OMEGA'S COLLEGIATE MEMBERS THROUGH THE PROMOTION, SUPPORT AND DEVELOPMENT OF APPROPRIATE, DESIRABLE AND SAFE FACILITIES. 0 0 PROVIDE HOUSING TO MEMBERS OF ALPHA CHI OMEGA FRATERNITY'S PROPERTIES. 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 62 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 IN X X TAMI SHIELDS SILVERMAN 3175795050 5939 CASTLE CREEK PKWY N DR INDIANAPOLIS IN 462504343 X AGNES SMITH STEINER 10.00 X X 0 0 0 MARNI DEE ZARIN 6.00 X X 0 0 0 HEATHER COMSTOCK CLAYBROOK 5.00 X 0 0 0 MIKELLE HOLT BRADY 5.00 X 0 0 0 BECKY LAWLESS FRANZ 5.00 X 0 0 0 ANGELA COSTLEY HARRIS 5.00 X X 0 0 0 DIANE DAVIS MURPHY 5.00 X 0 0 0 CHERI O'NEILL 18.00 X 33932 106475 10564 33932 106475 10564 0 0 1 0 MARLENE SMALL 5841 LAKESIDE DRIVE FORT WORTH TX 76179 INTERIOR DESIGN 275323 PETER J SARKUS 186 PLEASANT GROVE RD ITHACA NY 14850 RENT FOR SORORITY HOUSE 209949 2 864546 2070055 1000728 2934601 RENTAL INCOME 531190 4111677 3972867 138810 4111677 35822 35822 207 207 1478731 2339462 -860731 -860731 -860731 OTHER INCOME 900099 46336 46336 46336 6267912 4055025 139017 -860731 36239 409128 52642 35617 67848 18300 42960 20331 9096 1380286 48255 74886 439988 1226229 136986 REPAIRS AND MAINTENANCE 577346 PROPERTY TAXES 241705 LANDSCAPING EXPENSE 110686 RENOVATION EXPENSE 88760 124628 5141916 2854641 4182825 300000 300000 45726 75869 564554 532457 168334 156699 26722503 9597187 18298816 17125316 44950 356899 22277021 22730065 424002 611139 697967 185309 6898471 6249965 97981 372257 8118421 7418670 X 10796011 12055725 3362589 3255670 14158600 15311395 22277021 22730065 X 1125996 26799 X X 0 1 1 X 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2928843 2928843 18960705 6739101 12221604 346586 238747 107839 4486369 2619339 1867030 17125316 6267912 5141916 1125996 26799 26799 1152795 7235562 106919 106919 7128643 -860731 -860731 6267912 5141916 0 5141916 0 5141916 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: PART X, LINE 2: INCOME TAXES: THE NHC IS A NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE EXEMPTION IS ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME AS NOTED UNDER SECTION 511 OF THE INTERNAL REVENUE CODE. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. INCOME EARNED FROM NON-MEMBERS IS RECOGNIZED AS UNRELATED BUSINESS INCOME TO THE EXTENT SUCH INCOME IS NOT SET ASIDE FOR CHARITABLE AND EDUCATIONAL PURPOSES. INCOME THAT IS PROPERLY SET ASIDE MUST BE USED FOR THE QUALIFYING PURPOSES OUTLINED IN THE SET ASIDE RESOLUTION. ALPHA DELTA WAS ALSO ORGANIZED AS A NONPROFIT CORPORATION AND WAS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE AND RELATED STATE LAWS. ALPHA DELTA WAS INCLUDED IN A CONSOLIDATED TAX RETURN FILING WITH THE NHC FOR THE YEAR ENDED JULY 31, 2011. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JULY 31, 2012 AND 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION HAS FILED ITS FEDERAL AND STATE INCOME TAX RETURNS FOR PERIODS THROUGH JULY 31, 2011. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). PART XII, LINE 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTIONS 106,919. PART XII, LINE 4B - OTHER ADJUSTMENTS: GAIN / LOSS ON SALE OF ASSETS -860,731. 0 0 0 CHERI O'NEILL 33932 106475 0 0 0 0 0 5414 0 5150 33932 117039 0 0 X 1 981809 FMV X FURNITURE AND FIXTURES 1 18919 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE PROCESS UNDERTAKEN FOR THE 990 REVIEW IS AS FOLLOWS: THE 990 IS PREPARED, REVIEWED AND SIGNED BY A PUBLIC ACCOUNTING FIRM BASED ON INFORMATION OBTAINED FROM THE AUDIT AND INFORMATION PROVIDED BY HEADQUARTER'S OPERATIONS. THE 990 IS REVIEWED BY THE CONTROLLER AND EXECUTIVE DIRECTOR AT HEADQUARTER'S. AFTER REVIEW AND APPROVAL, IT IS FORWARDED TO THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: BOARD MEMBERS AND MANAGEMENT STAFF ARE COVERED UNDER THE "CONFLICT OF INTEREST POLICY". UPON TAKING OFFICE OR EMPLOYMENT, THE CONFLICT OF INTEREST FORM IS COMPLETED AND SIGNED. THE PROCESS IS MONITORED BY THE HUMAN RESOURCE DIRECTOR. IF NOTIFIED OF A "CONFLICT OF INTEREST", THE HUMAN RESOURCE DIRECTOR WOULD INVESTIGATE THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A INPUT FOR COMPENSATION FOR THE EXECUTIVE DIRECTOR IS RECEIVED FROM THE BOARDS OF THE THREE CORPORATIONS OF ALPHA CHI OMEGA FRATERNITY. THIS INPUT IS REQUESTED BY THE NATIONAL COUNCIL PRESIDENT. THE NATIONAL COUNCIL PRESIDENT COMPILES AND REVIEWS THE INFORMATION SUBMITTED. THE SALARY OF THE EXECUTIVE DIRECTOR IS ALLOCATED TO THE THREE CORPORATIONS OF THE FRATERNITY, WITH ALPHA CHI OMEGA FRATERNITY, INC. ACTING AS THE COMMON PAYMASTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. OFFICER'S COMPENSATION FORM 990, PART VII THE EXECUTIVE DIRECTOR IS COMPENSATED THOUGH THE ALPHA CHI OMEGA FRATERNITY, BUT ALSO SERVES AS THE EXECUTIVE DIRECTOR ON ALPHA CHI OMEGA NATIONAL HOUSING CORPORATION (NHC)AND ALPHA CHI OMEGA FOUNDATION, INC. (FOUNDATION). THE NHC AND FOUNDATION REIMBURSE THE FRATERNITY FOR A PERCENTAGE OF THE EXECUTIVE DIRECTOR'S SALARY AND BENEFITS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 26,799. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ALPHA CHI OMEGA FRATERNITY INC 5939 CASTLE CREEK PARKWAY NORTH DR INDIANAPOLIS IN 46250 350141875 FRATERNAL ORGANIZATION IN 501(C)(7) 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0