Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Members or stockholder classes and rights Part VI line 6 | Per the bylaws, all collegiate members are automatically Class B members. Members of any other Delta Gamma chapter may become Class C members by paying the applicable house corporation fee. |
| Member election for additional members Part VI line 7a | All members are invited to attend the annual meeting where they are able to vote on the election of directors. |
| Governing body decisions Part VI line 7b | The sale or purchase of chapter facilities or a lien on chapter facilities, the election of directors, and the changes to the bylaws or articles of incorporation, require a majority vote of the membership in attendance at the annual meeting or a special meeting called for the purpose of voting on any of these items. |
| Form 990 governing body review Part VI line 11 | The Board of Directors receives and reviews a copy of Form 990 prior to filing. |
| Conflict of interest policy compliance Part VI line 12c | The Board of Directors annually reviews conflicts, if applicable, and addresses individually if necessary. |
| Governing documents etc available to public Part VI line 19 | All governing documents and written policies are on file at Delta Gamma Executive Offices, in care of the Fraternity Housing Corporation staff. These documents are available for review by written requests. Requests can be submitted by USPS mail or fax and responses will be given via mail, fax, or email as requested. |
| Statement of Revenue Part VIII | Statement to report the deferral of gain on the sale of property used in the performace of an exempt function by an organization described in IRC Sec. 501(c)(7):Description of property sold: Five (5) acres of land at 2390 Post Road San Marcos, TX 78666 (portion of the land housing collegiate fraternity house)Date of sale: 7/9/2021Selling Price: $365,000Less Cost of Land ($79,383) + Selling expenses ($29,113): $108,496Gain Realized on sale of land: $256,504Description of replacement property: New Fraternity Chapter HouseAcquisition of replacement property is pending the completion of the demolition and rebuilding process on the remaining landEstimated cost of replacement property: $300,000Line 7b(ii) also includes a loss of $4,158.22> on the disposal of other assets |
| Software ID: | |
| Software Version: |