Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2011
Open to Public Inspection
A For the calendar year, or tax year beginning 07-01-2011 and ending 06-30-2012
BCheck if applicable:
CName of organization
ALPHA OMICRON PI PROPERTIES INC
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
5390 VIRGINIA WAY
 
Room/suite
City or town, state or country, and ZIP + 4
BRENTWOOD, TN37027
D Employer identification number

51-0426239
E Telephone number

G Gross receipts $ 1,975,723
F Name and address of principal officer:
TROYLYN LEFORGE
5390 VIRGINIA WAY
BRENTWOOD,TN37027
I
Tax-exempt status: ( 7 ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.ALPHAOMICRONPI.ORG
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 2005
M State of legal domicile: TN
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: ALPHA OMICRON PI PROPERTIES, INC. PROVIDES HOUSING FOR THE UNDERGRADUATE CHAPTERS OF ALPHA OMICRON PI FRATERNITY, INC.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a)..... 3 6
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 6
5 Total number of individuals employed in calendar year 2011 (Part V, line 2a) ... 5 0
6 Total number of volunteers (estimate if necessary) .... 6 6
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a 45,135
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b 41,865
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) .........   0
9 Program service revenue (Part VIII, line 2g) ......... 2,154,016 2,343,326
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 31,324 29,041
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 70,115 -663,639
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 2,255,455 1,708,728
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...   0
14 Benefits paid to or for members (Part IX, column (A), line 4).....   0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 246,595 238,844
16a Professional fundraising fees (Part IX, column (A), line 11e).....   0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 1,907,676 1,758,649
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 2,154,271 1,997,493
19 Revenue less expenses. Subtract line 18 from line 12....... 101,184 -288,765
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 21,821,176 21,879,030
21 Total liabilities (Part X, line 26)............. 10,118,338 10,458,224
22 Net assets or fund balances. Subtract line 21 from line 20..... 11,702,838 11,420,806
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title.
Paid preparer use only
Print/type preparer's name
 
Preparer's signature
Date
PTIN
Firm's name Right pointing arrowhead image

Firm's EIN Right pointing arrowhead image
Firm's address Right pointing arrowhead image



Phone no.
May the IRS discuss this return with the preparer shown above? See instructions .........bullet
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2011)
Form 990 (2011)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III .........
1
Briefly describe the organization’s mission: ALPHA OMICRON PI PROPERTIES, INC. PROVIDES HOUSING FOR THE UNDERGRADUATE CHAPTERS OF ALPHA OMICRON PI FRATERNITY, INC.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
TO ENCOURAGE A SPIRIT OF FRATERNITY & LOVE AMONG ITS MEMBERS; PROMOTE INTEGRITY, DIGNITY, SCHOLARSHIP, & COLLEGE LOYALY; SUPPORT THE BEST INTEREST OF THE COLLEGES AND UNIVERSITIES IN WHICH CHAPTERS ARE INSTALLED. PART OF THE UNDERGRADUATE EXPERIENCE IS TO COME TOGETHER IN FELLOWSHIP AND THE HOUSING IS THE FOCAL POINT FOR ACTIVITY OF A CHAPTER.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet$  
Form 990 (2011)
Form 990 (2011)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule A.....................
1
 
No
2
Is the organization required to complete Schedule B, Schedule of Contributors? ........
2
 
No
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part II.........................
4
 
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete Schedule D, Part IClick to see attachment....................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IVClick to see attachment...................
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment
10
 
No
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
 
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.Click to see attachment
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.Click to see attachment
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States or aggregate foreign investments valued at $100,000 or more? If “Yes,” complete Schedule F, Part I.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II..
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III..
16
 
No
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II..........
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
If “Yes” to line 20a, did the organization attach a copy of its audited financial statement to this return? Note. All Form 990 filers that operated one or more hospitals must attach audited financial statements.
20b
 
 
Form 990 (2011)
Form 990 (2011)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants and other assistance to any government or organization in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..
21
 
No
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III.....
22
 
No
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................
23
 
No
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
 
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I......
25a
 
 
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................
25b
 
 
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II.........................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If “Yes,” complete Schedule L, Part III.........
27
 
No
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV...................
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV..
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule M
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........ Click to see attachment
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1..................... Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2... Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2...........
36
 
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2011)
Form 990 (2011)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V .........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
14
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
0
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
 
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
 
 
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
 
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
 
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
 
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2011)
Form 990 (2011)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI .........
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
If the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
1a
6
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
6
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
Yes
 
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? .................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ............
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ..........
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes? ....
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Did the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Were officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this was done ....................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes," to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If “Yes,” did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
TN
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
ROGER M GALLIVAN CPA
5390 VIRGINIA WAY
BRENTWOOD,TN37027
(615) 370-0920
Form 990 (2011)
Form 990 (2011)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII .........
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) JANETTE B TESSMER
BOARD PRESID
 10.00 X   X       0 0 0
(2) REBECCA HERMAN
DIRECTOR
 8.00 X           0 0 0
(3) CATHY ANDREWS
BOARD VICE P
 8.00 X   X       0 0 0
(4) LISA T HAUSER
DIRECTOR
 8.00 X           0 0 0
(5) KRISTA M WHIPPLE
BOARD TREASU
 8.00 X   X       0 0 0
(6) LINDA COLLIER
DIRECTOR
 8.00 X           0 0 0
(7) TROYLYN LEFORGE
EXECUTIVE DI
 20.00     X       0 103,102 3,900




















Form 990 (2011)
Form 990 (2011)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;


























1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet   103,102 3,900
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet  
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
 
No
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
CSL MANAGEMENT LLC
2020 FIELDSTONE PKWY STE 900-138
FRANKLIN,TN37069 		MANAGEMENT 174,846
FINLOGIC LLC
6030 BETHELVIEW ROAD SUITE 406
CUMMING,GA30040 		ACCOUNTING 105,046
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet2
Form 990 (2011)
Form 990 (2011)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, Gifts, Grants and Other Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c  
d Related organizations...1d  
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and
similar amounts not included above1f 		 
g Noncash contributions included in lines 1a-1f:$  
h Total. Add lines 1a-1f.......MediumBullet  
Program Service Revenue Business Code
2a LEASE INCOME 531,110 1,794,563 1,794,563    
b MANAGEMENT FEES 531,110 457,110 457,110    
c MEMBER DUES & ASSESSMENTS 531,110 70,820 70,820    
d INTEREST ON CHAPTER LOANS 531,110 20,833 20,833    
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 2,343,326
Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 2,270   2,270  
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties............MediumBullet        
(i) Real (ii) Personal
6a Gross rents 309,860  
b Less: rental expenses 266,995  
c Rental income or (loss) 42,865  
d Net rental income or (loss).......MediumBullet 42,865   42,865  
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory   26,771
b Less: cost or other basis and sales expenses    
c Gain or (loss)   26,771
d Net gain or (loss)..........MediumBullet 26,771     26,771
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet        
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet        
Miscellaneous Revenue Business Code
11a MISCELLANEOUS   207     207
b SWAP LOSS 900,001 -706,711     -706,711
c            
d All other revenue ....        
e Total. Add lines 11a–11d ......MediumBullet -706,504
12 Total revenue. See Instructions....MediumBullet 1,708,728 2,343,326 45,135 -679,733
Form 990 (2011)
Form 990 (2011)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Check if Schedule O contains a response to any question in this Part IX. .........
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21    
2 Grants and other assistance to individuals in the United States. See Part IV, line 22    
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16    
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 30,651      
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages 188,102      
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....        
9 Other employee benefits ....... 4,164      
10 Payroll taxes ........... 15,927      
11 Fees for services (non-employees):        
a Management ...... 217,426      
b Legal .........        
c Accounting ........... 229,875      
d Lobbying ...........        
e Professional fundraising. See Part IV, line 17..    
f Investment management fees ......        
g Other ..........        
12 Advertising and promotion ....        
13 Office expenses ....... 43,448      
14 Information technology ......        
15 Royalties ..        
16 Occupancy ........... 29,121      
17 Travel ............ 29,721      
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ......        
19 Conferences, conventions, and meetings ....        
20 Interest ........... 355,429      
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization ..... 639,295      
23 Insurance ..............        
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24f. If line 24f amount exceeds 10% of line 25, column (A) amount, list line 24f expenses on Schedule O.)
a BAD DEBT EXPENSE 205,547      
b REPAIRS & MAINTENANCE 5,344      
c MISCELLANEOUS 3,443      
d
e
f All other expenses        
25 Total functional expenses. Add lines 1 through 24f 1,997,493 0 0 0
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2011)
Form 990 (2011)
Page 11
Part X Balance Sheet
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing .......... 1,461,874 1 2,766,724
2 Savings and temporary cash investments .......   2  
3 Pledges and grants receivable, net .........   3  
4 Accounts receivable, net ......... 149,398 4 158,215
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..........   5  
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L ..........   6  
7 Notes and loans receivable, net .............   7 752,163
8 Inventories for sale or use ..............   8  
9 Prepaid expenses and deferred charges ............   9  
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 22,198,453
b Less: accumulated depreciation. ..... 10b 4,111,431 19,209,644 10c 18,087,022
11 Investments—publicly traded securities ..........   11  
12 Investments—other securities. See Part IV, line 11 ......   12  
13 Investments—program-related. See Part IV, line 11 .. 934,263 13  
14 Intangible assets .........   14  
15 Other assets. See Part IV, line 11 ........... 65,997 15 114,906
16 Total assets. Add lines 1 through 15 (must equal line 34)... 21,821,176 16 21,879,030
Liabilities 17 Accounts payable and accrued expenses . 237,664 17 255,835
18 Grants payable ..........   18  
19 Deferred revenue ..........   19  
20 Tax-exempt bond liabilities ..........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D..   21  
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties .. 9,079,560 23 9,975,313
24 Unsecured notes and loans payable to unrelated third parties ....   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D..... 801,114 25 227,076
26 Total liabilities. Add lines 17 through 25..... 10,118,338 26 10,458,224
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 11,702,838 27 11,420,806
28 Temporarily restricted net assets .....   28  
29 Permanently restricted net assets .....   29  
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 11,702,838 33 11,420,806
34 Total liabilities and net assets/fund balances ..... 21,821,176 34 21,879,030
Form 990 (2011)
Form 990 (2011)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI .........
1
Total revenue (must equal Part VIII, column (A), line 12) ...
1
1,708,728
2
Total expenses (must equal Part IX, column (A), line 25) ....
2
1,997,493
3
Revenue less expenses. Subtract line 2 from line 1 ...
3
-288,765
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
11,702,838
5
Other changes in net assets or fund balances (explain in Schedule O) ...
5
6,733
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) ....
6
11,420,806
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII .........
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?....
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O. ...........................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
 
 
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
 
 
Form 990 (2011)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
ALPHA OMICRON PI PROPERTIES INC
 
Employer identification number

51-0426239
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .......    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) ...    
4 Aggregate value at end of year .......    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register .................... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958), relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2011

Schedule D (Form 990) 2011
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance ....        
b Contributions ........        
c Net investment earnings, gains, and losses ...        
d Grants or scholarships .....        
e Other expenditures for facilities
and programs ........ 		       
f Administrative expenses ....        
g End of year balance ......        
2
Provide the estimated percentage of the year end balance (line 1g) held as:
a
Board designated or quasi-endowment SchDMd Bullet  
b
Permanent endowment SchDMd Bullet  
c
Temporarily restricted endowment SchDMd Bullet  
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
No
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
No
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ................. 2,575,461   2,575,461
b Buildings ................ 12,739,931   3,416,028 9,323,903
c Leasehold improvements ............ 6,705,901   567,644 6,138,257
d Equipment ................ 177,160   127,759 49,401
e Other .................        
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 18,087,022
Schedule D (Form 990) 2011

Schedule D (Form 990) 2011
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet  
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Book value
Federal Income Taxes  
INTEREST RATE SWAP 181,476
DEPOSITS HELD 30,600
OTHER LIABILITIES 15,000






Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 227,076
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2011

Schedule D (Form 990) 2011
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1 1,708,728
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2 1,997,493
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3 -288,765
4 Net unrealized gains (losses) on investments .......................... 4 6,733
5 Donated services and use of facilities ............................. 5  
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV.) ................................. 8  
9 Total adjustments (net). Add lines 4 through 8 ......................... 9 6,733
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10 -282,032
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1 1,982,456
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a 6,733
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV.) ............ 2d 266,995
e Add lines 2a through 2d ..................... 2e 273,728
3 Subtract line 2e from line 1..................... 3 1,708,728
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIV.) ........... 4b  
c Add lines 4a and 4b....................... 4c  
5 Total Revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 1,708,728
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1 2,264,488
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV.) ............ 2d 266,995
e Add lines 2a through 2d...................... 2e 266,995
3 Subtract line 2e from line 1..................... 3 1,997,493
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIV.) ............ 4b  
c Add lines 4a and 4b....................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 1,997,493
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X THE FRATERNITY RECOGNIZES THE TAX BENEFITS OF UNCERTAIN TAX POSITIONS ONLY WHERE THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED ASSUMING EXAMINATION BY TAX AUTHORITIES. MANAGEMENT HAS ANALYZED THE FRATERNITY'S TAX POSITIONS AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR THE OPEN TAX YEARS (YEARS ENDED JUNE 30, 2009, 2010, AND 2011), OR EXPECTED TO BE TAKEN IN THE FRATERNITY'S TAX RETURN FOR THE YEAR ENDED JUNE 30, 2012. THE FRATERNITY IDENTIFIES ITS MAJOR TAX JURISDICTIONS AS THE U.S. FEDERAL AND THE STATE OF TENNESSEE. HOWEVER, THE FRATERNITY IS NOT CURRENTLY UNDER AUDIT NOR HAS THE FRATERNITY BEEN CONTACTED BY ANY OF THESE JURISDICTIONS. THE FRATERNITY IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE IN THE NEXT TWELVE MONTHS.
RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 NON-MEMBER RENTAL EXPENSES NETTED WITH REVENUE 266,995 NON-MEMBER RENTAL EXPENSES NETTED WITH REVENUE -266,995
REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D NON-MEMBER RENTAL EXPENSES NETTED WITH REVENUE 266,995
EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D NON-MEMBER RENTAL EXPENSES NETTED WITH REVENUE 266,995
Schedule D (Form 990) 2011

Additional Data


Software ID:  
Software Version:  




SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2011
Open to Public
Inspection
Name of the organization
ALPHA OMICRON PI PROPERTIES INC
 
Employer identification number

51-0426239
Identifier Return Reference Explanation
ADDITIONAL INFORMATION FORM 990 FORM 990, PAGE 10- ALPHA OMICRON PI FRATERNITY, A RELATED TAX EXEMPT ORGANIZATION, FILES ALL OF THE FORM W-2S FOR ALPHA OMICRON PI PROPERTIES. ACCORDINGLY, ALPHA OMICRON PI PROPERTIES ALLOCATES THE COMPENSATION BASED ON PERCENT OF TIME SERVED DURING THE TAX PERIOD BETWEEN BOTH ORGANIZATIONS.
MANAGEMENT DELEGATED FORM 990, PAGE 6, PART VI, LINE 3 FINLOGIC, LLC IS RETAINED AS AN OUTSOURCED CFO TO ASSIST WITH THE RECORDING AND REPORTING OF FINANCIAL OPERATIONS CONSISTANT WITH GAAP.
DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B THE EXECUTIVE BOARD OF ALPHA OMICRON PI FRATERNITY, INC. HAS THE FOLLOWING AUTHORITY OVER THE GOVERNING BODY OF ALPHA OMICRON PI PROPERTIES, INC.: 1. APPOINT FIVE MEMBERS TO THE ALPHA OMICRON PI PROPERTIES, INC. BOARD. 2. REVIEW AND IF APPROVED BY AT LEAST A THREE-FOURTHS AFFIRMATIVE VOTE, AUTHORIZE THE RECEIPT, ALLOCATION, EXPENDITURE AND INVESTMENTS OF ALPHA OMICRON PI PROPERTIES, INC., SUBJECT TO THE PROVISIONS NOTED IN ARTICLE V SECTIONS 3B(4) AND (5) AND TO INSURE COMPLIANCE WITH INTERNAL REVENUE CODE RULINGS ON THE STATUS OF EACH TRUST, FUNDING, INVESTMENT VEHICLE(S) AND ACCOUNT(S) ESTABLISHED IN THE NAME OF ALPHA OMICRON PI PROPERTIES, INC. 3. REVIEW AND IF APPROVED BY AT LEAST A THREE-FOURTHS AFFIRMATIVE VOTE, AUTHORIZE THE LOAN RECOMMENDATION(S) SUBMITTED BY ALPHA OMCIRON PI PROPERTIES, INC. TO THE EXTENT THAT: (I) ANY SUCH RECOMMENDATION INDIVIDUALLY EQUALS OR EXCEEDS THE AMOUNT OF FIFTY THOUSAND DOLLARS. (II) MULTIPLE RECOMMENDATIONS, WHICH COLLECTIVELY TOTAL AN AMOUNT EQUAL TO OR EXCEEDING FIFTY THOUSAND DOLLARS WITHIN ANY SIXTY DAY PERIOD. 4. REVIEW AND IF APPROVED BY ATLEAST THREE-FOURTHS AFFIRMATIVE VOTE, AUTHORIZE WITH RESPECT TO THE REAL PROPERTY UNDER THE CONROL OF ALPHA OMICRON PI PROPERTIES, INC.: (I) THE SALE OR PURCHASE OF SAID REAL PROPERTY (INCLUDING PURCHASES OF ADDITIONAL REAL PROPERTY). (II) THE PLACEMENT OR RESTRUCTURING OF MORTGAGES, LOANS, OR OTHER FINANCING AGAINST SAID REAL PROPERTY. (III) THE PLEDGE OF THE PROPERTY AS SECURITY FOR DEBTS. (IV) THE GRANT OF PURCHASE OPTIONS AGAINST SAID REAL PROPERTY. 5. EXERCISE DILIGENCE IN FURTHERING THE GROWTH AND EXISTENCE OF ALPHA OMICRON PI PROPERTIES, INC. BY WORKING TO ACHIEVE A TRANSFER OF ALL OTHER REAL PROPERTY INTERESTS, HOLDINGS, BOTH CURRENT AND FUTURE, INTO THE NAME AND UNDER THE CONTROL OF ALPHA OMCIRON PI PROPERTIES, INC.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED BY THE ORGANIZATION'S TOP MANAGEMENT. THE REVIEWED FORM 990 IS THEN FORWARDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.
ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C EMPLOYEES WILL SIGN A WRITTEN CONFLICT OF INTEREST POLICY AT THE DATE OF EMPLOYMENT AND REVISIT THE POLICY AT EACH ANNUAL REVIEW. BOARD MEMBERS WILL SIGN AT THE FIRST BOARD MEETING AFTER THE ELECTION OF OFFICERS.
COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE PROPERTIES BOARD SELECTS THE DIRECTOR OF PROPERTIES. SALARY AMOUNT IS DETERMINED BY BENCHMARKS SET FORTH BY THE NATIONAL PANHELLENIC CONFERENCE. THE DIRECTOR'S SALARY IS APPROVED BY THE PROPERTIES BOARD. THE COMPENSATION APPROVAL IS DOCUMENTED IN THE BOARD MINUTES.
COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B THE DIRECTOR OF PROPERTIES DETERMINES SALARIES FOR OTHER EMPLOYEES. THE AMOUNT OF SALARIES IS THEN APPROVED BY THE BOARD OF DIRECTORS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE ONLY TO ALPHA OMICRON PI MEMBERS ON A PRIVATE WEBSITE. THE FINANCIAL STATEMENTS ARE ALSO ONLY AVAILABLE TO ALPHA OMICRON PI MEMBERS VIA EMAIL.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2011

Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.

OMB No. 1545-0047
2011
Open to Public Inspection
Name of the organization
ALPHA OMICRON PI PROPERTIES INC
 
Employer identification number

51-0426239
Part I
Identification of Disregarded Entities (Complete if the organization answered "Yes" on Form 990, Part IV, line 33.)
(a)
Name, address, and EIN of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income
(e)
End-of-year assets


 		(f)
Direct controlling
entity

















Part II
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.)
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled organization
Yes No
(1) ALPHA CHI

1566 NORMAL DRIVE

BOWLING GREEN,KY42101
31-0980375 		FRATERNAL KY 7   PROPERTIES
 
Yes
 
(2) ALPHA DELTA

740 COLONIAL DRIVE

TUSCALOOSA,AL35486
63-0518914 		FRATERNAL AL 7   PROPERTIES
 
Yes
 
(3) ALPHA GAMMA

820 NE CAMPUS STREET

PULLMAN,WA99163
91-6035164 		FRATERNAL WA 7   PROPERTIES
 
Yes
 
(4) ALPHA LAMBDA

102 OLYMPIC BLVD

STATESBORO,GA30458
58-1813179 		FRATERNAL GA 7   PROPERTIES
 
Yes
 
(5) ALPHA NU

505 RAMAPO VALLEY RD

MAHWAH,NJ07430
45-3022247 		FRATERNAL NJ 7   PROPERTIES
 
Yes
 
(6) ALPHA OMICRON PI FRATERNITY INC

5390 VIRGINIA WAY

BRENTWOOD,TN37037
62-0950113 		FRATERNAL TN 7   N/A
 
No
(7) ALPHA PSI

440 SADDLEMIRE BLDG

BOWLING GREEN,OH43403
34-1612736 		FRATERNAL OH 7   PROPERTIES
 
Yes
 
(8) ALPHA THETA

COLLEGE FIRST AVE NE

CEDAR RAPIDS,IA52402
42-1051931 		FRATERNAL IA 7   PROPERTIES
 
Yes
 
(9) BETA GAMMA

333 CHARLES STREET

EAST LANSING,MI48823
38-2830113 		FRATERNAL MI 7   PROPERTIES
 
Yes
 
(10) BETA KAPPA

2770 WESTBROOK CRESCENT
VANCOUVER    
CA
FRATERNAL CA     PROPERTIES
PROPERTIES
Yes
 
(11) BETA PHI

1415 N JORDAN AVE

BLOOMINGTON,IN47406
35-6007534 		FRATERNAL IN 7   PROPERTIES
 
Yes
 
(12) BETA TAU

24 MADISON AVENUE
TORONTO    
CA
FRATERNAL CA     PROPERTIES
 
Yes
 
(13) BETA ZETA

1000 CHASTAIN ROAD

KENNESAW,GA30144
36-0623191 		FRATERNAL GA 7   PROPERTIES
 
Yes
 
(14) CHI EPSILON

84 EAST 15TH AVE

COLUMBUS,OH43201
31-1363913 		FRATERNAL OH 7   PROPERTIES
 
Yes
 
(15) CHI LAMBDA

2032 LLINCOLE AVE

EVANSVILLE,IN47714
35-6042299 		FRATERNAL IN 7   PROPERTIES
 
Yes
 
(16) CHI PHI

4085 CALDERWOOD DRIVE

AIKEN,SC29801
03-0603547 		FRATERNAL SC 7   PROPERTIES
 
Yes
 
(17) CHI THETA

600 NORTH GRAND AVENUE

TAHLEQUAH,OK74464
73-1529301 		FRATERNAL OK 7   PROPERTIES
 
Yes
 
(18) DELTA

25 WHITFIELD RD

SOMERVILLE,MA02144
04-2998098 		FRATERNAL MA 7   PROPERTIES
 
Yes
 
(19) DELTA BETA

PO BOX 44823

LAFAYETTE,LA70504
23-7446818 		FRATERNAL LA 7   PROPERTIES
 
Yes
 
(20) DELTA KAPPA

39 RIDGEMOOR

CLAYTON,MO63105
30-0553478 		FRATERNAL MO 7   PROPERTIES
 
Yes
 
(21) DELTA LAMBDA

57 LEE ROAD

COLUMBUS,GA31807
35-2312633 		FRATERNAL GA 7   PROPERTIES
 
Yes
 
(22) DELTA OMEGA

2040 UNIVERSITY STATION

MURRAY,KY420713301
61-0847225 		FRATERNAL KY 7   PROPERTIES
 
Yes
 
(23) DELTA PI

A110 PANHELLENIC HALL

WARRENSBURG,MO64093
23-7116888 		FRATERNAL MO 7   PROPERTIES
 
Yes
 
(24) DELTA PSI

16 CORINA COURT

WATERVLIET,NY121891135
36-4662944 		FRATERNAL NY 7   PROPERTIES
 
Yes
 
(25) DELTA RHO

2250 N SHEFFIELD AVE ROOM 201

CHICAGO,IL606143673
38-3806742 		FRATERNAL IL 7   PROPERTIES
 
Yes
 
(26) DELTA SIGMA

408 S 8TH STREET

SAN JOSE,CA951123835
77-0167938 		FRATERNAL CA 7   PROPERTIES
 
Yes
 
(27) DELTA TAU

704 JOHN WIGHT DRIVE

HUNTSVILLE,AL35899
45-3022096 		FRATERNAL AL 7   PROPERTIES
 
Yes
 
(28) DELTA THETA

PO BOX 424308

DENTON,TX762044308
75-1973652 		FRATERNAL TX 7   PROPERTIES
 
Yes
 
(29) DELTA XI

5500 WABASH AVE

TERRE HAUTE,IN478033920
36-4603709 		FRATERNAL IN 7   PROPERTIES
 
Yes
 
(30) EPSILON CHI

100 CAMPUS DRIVE

ELON,NC272449423
56-1560713 		FRATERNAL NC 7   PROPERTIES
 
Yes
 
(31) EPSILON GAMMA

1838 8TH AVENUE

GREELEY,CO806315693
84-1535755 		FRATERNAL CO 7   PROPERTIES
 
Yes
 
(32) EPSILON OMEGA

521 LANCASTER AVENUE

RICHMOND,KY404753100
61-1117830 		FRATERNAL KY 7   PROPERTIES
 
Yes
 
(33) EPSILON SIGMA

1810 LIND STREET

QUINCY,IL623012219
37-1390535 		FRATERNAL IL 7   PROPERTIES
 
Yes
 
(34) GAMMA

6 PENOBSCOT HALL

ORONO,ME044690001
01-0345989 		FRATERNAL ME 7   PROPERTIES
 
Yes
 
(35) GAMMA CHI

30 BUJOLD COURT
KANATA    
CA
FRATERNAL CA     PROPERTIES
 
Yes
 
(36) GAMMA OMICRON

819 WEST PANHELLENIC DRIVE

GAINESVILLE,FL326017864
59-6169196 		FRATERNAL FL 7   PROPERTIES
 
Yes
 
(37) GAMMA SIGMA

33 GILMER STREET

ATLANTA,GA303033044
23-7384699 		FRATERNAL GA 7   PROPERTIES
 
Yes
 
(38) GAMMA THETA

4202 EAST FOWLER AVENUE

TAMPA,FL336209951
65-0176027 		FRATERNAL FL 7   PROPERTIES
 
Yes
 
(39) IOTA

706 S MATHEWS

URBANA,IL618013604
37-6034025 		FRATERNAL IL 7   PROPERTIES
 
Yes
 
(40) IOTA CHI

222 BROUGHDALE AVENUE
LONDON    
CA
FRATERNAL CA     PROPERTIES
 
Yes
 
(41) IOTA SIGMA

2007 GREELEY STREET

AMES,IA50014
23-7137535 		FRATERNAL IL 7   PROPERTIES
 
Yes
 
(42) KAPPA ALPHA

122 LINCOLN QUADBOX

TERRE HAUTE,IN47809
35-6022575 		FRATERNAL IN 7   PROPERTIES
 
Yes
 
(43) KAPPA CHI

NSU BOX 4449

NATCHITOCHES,LA71497
04-3621433 		FRATERNAL LA 7   PROPERTIES
 
Yes
 
(44) KAPPA GAMMA

111 LAKE HOLLINGSWORTH DRIVE

LAKELAND,FL33801
65-0350928 		FRATERNAL FL 7   PROPERTIES
 
Yes
 
(45) KAPPA KAPPA

4319 WEST CLARA LANE

MUNCIE,IN47304
35-6037105 		FRATERNAL IN 7   PROPERTIES
 
Yes
 
(46) KAPPA LAMBDA

2500 UNIVERSITY DRIVE
CALGARY    
CA
FRATERNAL CA     PROPERTIES
 
Yes
 
(47) KAPPA OMEGA

368 ROSE STREET

LEXINGTON,KY405083027
31-1040166 		FRATERNAL KY 7   PROPERTIES
 
Yes
 
(48) KAPPA OMICRON

2000 N PARKWAY

MEMPHIS,TN381121624
62-6046636 		FRATERNAL TN 7   PROPERTIES
 
Yes
 
(49) KAPPA RHO

1500 FRATERNITY VILLAGE

KALAMAZOO,MI490065937
38-2703146 		FRATERNAL MI 7   PROPERTIES
 
Yes
 
(50) KAPPA SIGMA

AOII123 HAGESTAD STUDENT CENTER

RIVER FALLS,WI54022
52-1830878 		FRATERNAL WI 7   PROPERTIES
 
Yes
 
(51) LAMBDA ALPHA

732 N SAN ANTONIO AVE

UPLAND,CA917864536
83-0474128 		FRATERNAL CA 7   PROPERTIES
 
Yes
 
(52) LAMBDA BETA

3980 EAST 8TH STREET

LONG BEACH,CA908045317
46-0474128 		FRATERNAL CA 7   PROPERTIES
 
Yes
 
(53) LAMBDA CHI

601 BROAD STREET

LAGRANGE,GA302402955
58-1750325 		FRATERNAL GA 7   PROPERTIES
 
Yes
 
(54) LAMBDA EPSILON

300 KEATS WAY
WATERLOO    
CA
FRATERNAL CA     PROPERTIES
 
Yes
 
(55) LAMBDA ETA

10326 42ND AVENUE

ALLENDALE,MI494018333
38-2912240 		FRATERNAL MI 7   PROPERTIES
 
Yes
 
(56) LAMBDA OMICRON

1023 AVENTURA AVE

MOUNT JULIET,TN371226440
62-1817904 		FRATERNAL TN 7   PROPERTIES
 
Yes
 
(57) LAMBDA SIGMA

1190 S MILLEDGE AVE

ATHENS,GA306051326
58-1598179 		FRATERNAL GA 7   PROPERTIES
 
Yes
 
(58) LAMBDA TAU

PO BOX 7524

MONROE,LA712117524
23-7368057 		FRATERNAL LA 7   PROPERTIES
 
Yes
 
(59) LAMBDA UPSILON

39 UNIVERSITY DRIVE

BETHLEHEM,PA180153000
91-1923724 		FRATERNAL PA 7   PROPERTIES
 
Yes
 
(60) MU LAMBDA

1000 HOLT AVE

WINTER PARK,FL327894499
04-3631875 		FRATERNAL FL 7   PROPERTIES
 
Yes
 
(61) NU BETA

PO BOX 7987

UNIVERSITY,MS386777987
64-0820041 		FRATERNAL MS 7   PROPERTIES
 
Yes
 
(62) OMEGA OMICRON

705 LAMBUTH BOULEVARD

JACKSON,TN383015280
62-6046772 		FRATERNAL TN 7   PROPERTIES
 
Yes
 
(63) OMEGA SIGMA

211 STUDENT UNION

STILLWATER,OK74078
45-5225163 		FRATERNAL OK 7   PROPERTIES
 
Yes
 
(64) OMEGA UPSILON

8 CHURCH STREET

ATHENS,OH457012434
31-1237595 		FRATERNAL OH 7   PROPERTIES
 
Yes
 
(65) PHI CHI

5454 S SHORE DRIVE

CHICAGO,IL606155919
36-3459586 		FRATERNAL IL 7   PROPERTIES
 
Yes
 
(66) PHI LAMBDA

ONE UNIVERSITY PLAZA

YOUNGSTOWN,OH44555
45-4312735 		FRATERNAL OH 7   PROPERTIES
 
Yes
 
(67) PHI SIGMA

1700 UNIVERSITY DRIVE

KEARNEY,NE68845
51-0211350 		FRATERNAL NE 7   PROPERTIES
 
Yes
 
(68) PI ALPHA

SWAIN STUDENT ACTIVITIES CTR W301

LOUISVILLE,KY402920001
91-1923722 		FRATERNAL KY 7   PROPERTIES
 
Yes
 
(69) PI DELTA

4517 COLLEGE AVENUE

COLLEGE PARK,MD207403323
52-0597976 		FRATERNAL MD 7   PROPERTIES
 
Yes
 
(70) PI THETA

PO BOX 4825

MIAMI,FL332654825
58-2614249 		FRATERNAL FL 7   PROPERTIES
 
Yes
 
(71) RHO BETA

PO BOX 842032

RICHMOND,VA232842032
35-2311160 		FRATERNAL VA 7   PROPERTIES
 
Yes
 
(72) RHO OMICRON

1301 EAST MAIN STREET

MURFEESBORO,TN37130
62-1213381 		FRATERNAL TN 7   PROPERTIES
 
Yes
 
(73) SIGMA ALPHA

299 PROSPECT STREET

MORGANTOWN,WV265055010
55-0675824 		FRATERNAL WV 7   PROPERTIES
 
Yes
 
(74) SIGMA BETA

5600 CITY AVE 3RD FLOOR

PHILADELPHIA,PA19131
51-0577197 		FRATERNAL PA 7   PROPERTIES
 
Yes
 
(75) SIGMA CHI

17 MAPLE STREET

ONEONTA,NY138201940
16-6052202 		FRATERNAL NY 7   PROPERTIES
 
Yes
 
(76) SIGMA GAMMA

ASU BOX 8959

BOONE,NC286081030
32-0278627 		FRATERNAL NC 7   PROPERTIES
 
Yes
 
(77) SIGMA OMICRON

PO BOX 928

STATE UNIVERSITY,AR724670928
71-6066577 		FRATERNAL AR 7   PROPERTIES
 
Yes
 
(78) SIGMA PHI

9210 ZELZAH AVENUE

NORTHRIDGE,CA913252341
95-6206232 		FRATERNAL CA 7   PROPERTIES
 
Yes
 
(79) SIGMA RHO

B 105 UNIVERSITY UNION

SLIPPERY ROCK,PA16057
23-7425246 		FRATERNAL PA 7   PROPERTIES
 
Yes
 
(80) SIGMA TAU

300 WASHINGTON AVENUE

CHESTERTOWN,MD212601438
52-1066065 		FRATERNAL MD 7   PROPERTIES
 
Yes
 
(81) TAU

1121 FIFTH STREET SE

MINNEAPOLIS,MN554141919
36-3585969 		FRATERNAL MN 7   PROPERTIES
 
Yes
 
(82) TAU GAMMA

320 COLLEGE AVE

CHENEY,WA990041624
91-1440036 		FRATERNAL WA 7   PROPERTIES
 
Yes
 
(83) TAU LAMBDA

19 NORTH EARL STREET

SHIPPENSBURG,PA172571203
31-1127750 		FRATERNAL PA 7   PROPERTIES
 
Yes
 
(84) TAU OMEGA

300 NORTH BROADWAY

LEXINGTON,KY405081797
61-1102879 		FRATERNAL KY 7   PROPERTIES
 
Yes
 
(85) TAU OMICRON

UTM CAMPUS BOX 126

MARTIN,TN382380001
62-0984564 		FRATERNAL TN 7   PROPERTIES
 
Yes
 
(86) THETA BETA

PO BOX 4092

TOWSON,MD212520001
25-1532804 		FRATERNAL MD 7   PROPERTIES
 
Yes
 
(87) THETA CHI

3609 PETERS AVENUE

SIOUX CITY,IA511061722
32-0301511 		FRATERNAL IA 7   PROPERTIES
 
Yes
 
(88) THETA IOTA

333 S TWIN OAKS VALLEY

SAN MARCOS,CA92096
45-5226348 		FRATERNAL CA 7   PROPERTIES
 
Yes
 
(89) THETA OMEGA

809 W RIORDAN RD

FLAGSTAFF,AZ860010810
86-0712496 		FRATERNAL AZ 7   PROPERTIES
 
Yes
 
(90) THETA PI

1 CAMPUS ROAD

STATEN ISLAND,NY103014479
13-6162700 		FRATERNAL NY 7   PROPERTIES
 
Yes
 
(91) UPSILON LAMBDA

PO BOX 691982

SAN ANTONIO,TX782691982
47-0814205 		FRATERNAL TX 7   PROPERTIES
 
Yes
 
(92) XI

1411 ELM AVENUE

NORMAN,OK730726422
71-0885775 		FRATERNAL OK 7   PROPERTIES
 
Yes
 
(93) XI OMICRON

PO BOX 2758

FAYETTEVILLE,AR727022758
83-0474870 		FRATERNAL AR 7   PROPERTIES
 
Yes
 
(94) ZETA

1541 S STREET

LINCOLN,NE685022449
47-6030295 		FRATERNAL NE 7   PROPERTIES
 
Yes
 
(95) ZETA PSI

805 JOHNSTON ST

GREENVILLE,NC278582420
58-1373398 		FRATERNAL NC 7   PROPERTIES
 
Yes
 
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2011
Schedule R (Form 990) 2011
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.)
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V—UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.)
(a)
Name, address, and EIN of related organization



 		(b)
Primary activity



 		(c)
Legal domicile
(state or
foreign
country)
 		(d)
Direct controlling
entity


 		(e)
Type of entity
(C corp, S corp,
or trust)

 		(f)
Share of total income



 		(g)
Share of
end-of-year
assets

 		(h)
Percentage
ownership












Schedule R (Form 990) 2011
Schedule R (Form 990) 2011
Page 3
Part V
Transactions With Related Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35, 35A, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III or IV.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
 
No
c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
 
No
d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
Yes
 
e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
Yes
 
j Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
Yes
 
k Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .
1k
Yes
 
l Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .
1m
Yes
 
n Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1n
Yes
 
o Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
No
p Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
 
No
r Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of other organization 		(b)
Transaction
type(a-r) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) TAU GAMMA

 D 210,750 CASH
(2) ALPHA DELTA

 I 152,559 CASH
(3) BETA PHI

 I 372,834 CASH
(4) IOTA

 I 169,353 CASH
(5) IOTA SIGMA

 I 86,900 CASH
(6) KAPPA OMEGA

 I 122,591 CASH
(7) KAPPA OMICRON

 I 30,798 CASH
(8) LAMBDA BETA

 I 35,424 CASH
(9) OMEGA UPSILON

 I 143,018 CASH
(10) PI DELTA

 I 115,000 CASH
(11) SIGMA ALPHA

 I 40,000 CASH
(12) SIGMA CHI

 I 31,878 CASH
(13) TAU GAMMA

 I 13,500 CASH
(14) XI

 I 157,596 CASH
(15) XI OMICRON

 I 272,000 CASH
(16) ZETA PSI

 I 49,440 CASH
(17) NU BETA

 D 2,000,000 FMV
(18) SIGMA PHI

 D 200,000 FMV
(19) ALPHA OMICRON PI FRATERNITY

 N 65,000 CASH
(20) ALPHA DELTA

 K 50,760 CASH
(21) TAU GAMMA

 D 210,750 CASH
(22) ALPHA DELTA

 I 152,559 CASH
(23) BETA PHI

 I 372,834 CASH
(24) IOTA

 I 169,353 CASH
(25) IOTA SIGMA

 I 86,900 CASH
(26) KAPPA OMEGA

 I 122,591 CASH
(27) KAPPA OMICRON

 I 30,798 CASH
(28) LAMBDA BETA

 I 35,424 CASH
(29) OMEGA UPSILON

 I 143,018 CASH
(30) PI DELTA

 I 115,000 CASH
(31) SIGMA ALPHA

 I 40,000 CASH
(32) SIGMA CHI

 I 31,878 CASH
(33) TAU GAMMA

 I 13,500 CASH
(34) XI

 I 157,596 CASH
(35) XI OMICRON

 I 272,000 CASH
(36) ZETA PSI

 I 49,440 CASH
(37) NU BETA

 D 2,000,000 FMV
(38) SIGMA PHI

 D 200,000 FMV
(39) ALPHA OMICRON PI FRATERNITY

 N 65,000 CASH
(40) ALPHA DELTA

 K 50,760 CASH
(41) TAU GAMMA

 D 210,750 CASH
(42) ALPHA DELTA

 I 152,559 CASH
(43) BETA PHI

 I 372,834 CASH
(44) IOTA

 I 169,353 CASH
(45) IOTA SIGMA

 I 86,900 CASH
(46) KAPPA OMEGA

 I 122,591 CASH
(47) KAPPA OMICRON

 I 30,798 CASH
(48) LAMBDA BETA

 I 35,424 CASH
(49) OMEGA UPSILON

 I 143,018 CASH
(50) PI DELTA

 I 115,000 CASH
(51) SIGMA ALPHA

 I 40,000 CASH
(52) SIGMA CHI

 I 31,878 CASH
(53) TAU GAMMA

 I 13,500 CASH
(54) XI

 I 157,596 CASH
(55) XI OMICRON

 I 272,000 CASH
(56) ZETA PSI

 I 49,440 CASH
(57) NU BETA

 D 2,000,000 FMV
(58) SIGMA PHI

 D 200,000 FMV
(59) ALPHA OMICRON PI FRATERNITY

 N 65,000 CASH
(60) ALPHA DELTA

 K 50,760 CASH
(61) TAU GAMMA

 D 210,750 CASH
(62) ALPHA DELTA

 I 152,559 CASH
(63) BETA PHI

 I 372,834 CASH
(64) IOTA

 I 169,353 CASH
(65) IOTA SIGMA

 I 86,900 CASH
(66) KAPPA OMEGA

 I 122,591 CASH
(67) KAPPA OMICRON

 I 30,798 CASH
(68) LAMBDA BETA

 I 35,424 CASH
(69) OMEGA UPSILON

 I 143,018 CASH
(70) PI DELTA

 I 115,000 CASH
(71) SIGMA ALPHA

 I 40,000 CASH
(72) SIGMA CHI

 I 31,878 CASH
(73) TAU GAMMA

 I 13,500 CASH
(74) XI

 I 157,596 CASH
(75) XI OMICRON

 I 272,000 CASH
(76) ZETA PSI

 I 49,440 CASH
(77) NU BETA

 D 2,000,000 FMV
(78) SIGMA PHI

 D 200,000 FMV
(79) ALPHA OMICRON PI FRATERNITY

 N 65,000 CASH
(80) ALPHA DELTA

 K 50,760 CASH
Schedule R (Form 990) 2011
Schedule R (Form 990) 2011
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 37.)
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(e)
Are all
partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V—UBI
amount in box
20 of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2011
Schedule R (Form 990) 2011
Page 5
Part VII
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see instructions).
Identifier Return Reference Explanation
Additional Data


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