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Phi Kappa Tau Fraternity Properties Inc

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
−$23.6k (2023)

Expenses
$0 (2023)

Total Assets
$194k (2023)

Total Liabilities
$462k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$23,576
Expenses
$0
Net Income
-$23,576
Net Assets
-$267,622
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$23,576
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $194,108
Total Liabilities $461,730
Net Assets -$267,622
Compensation
Key Employees and Officers Compensation Related Other
Matthew Arnold (Board Member) $0 $0 $35,521
Jeff Baird (Chairman) $0 $0 $0
Michael Lummus (Board Member) $0 $0 $0
Allyn Shawn (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$21,003
Expenses
$0
Net Income
-$21,003
Net Assets
-$244,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$21,003
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $204,794
Total Liabilities $448,840
Net Assets -$244,046
Compensation
Key Employees and Officers Compensation Related Other
Jeff Baird (Chairman) $0 $0 $0
W Timothy Hudson (Board Member) $0 $0 $105,000
Harrison Green (Board Member) $0 $0 $0
Ricky Bailey (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$18,359
Expenses
$0
Net Income
-$18,359
Net Assets
-$221,243
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$18,359
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $209,279
Total Liabilities $430,522
Net Assets -$221,243
Compensation
Key Employees and Officers Compensation Related Other
Jeff Baird (Chairman) $0 $0 $0
W Timothy Hudson (Board Member) $0 $105,000 $9,033
Harrison Green (Board Member) $0 $0 $0
Ricky Bailey (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$12,574
Expenses
$0
Net Income
-$12,574
Net Assets
-$202,884
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$12,574
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $219,656
Total Liabilities $422,540
Net Assets -$202,884
Compensation
Key Employees and Officers Compensation Related Other
Jeff Baird (Chairman) $0 $0 $0
W Timothy Hudson (Board Member) $0 $118,146 $0
Harrison Green (Board Member) $0 $0 $0
Ricky Bailey (Board Member) $0 $0 $0
Greg Heilmeier (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$4,441
Expenses
$250
Net Income
-$4,691
Net Assets
-$190,310
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$4,441
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $230,033
Total Liabilities $420,343
Net Assets -$190,310
Compensation
Key Employees and Officers Compensation Related Other
Jeff Baird (Chairman) $0 $112,790 $14,199
W Timothy Hudson (Board Member) $0 $0 $0
Harrison Green (Board Member) $0 $0 $0
J H Mahaney (Board Member) $0 $0 $0
Greg Heilmeier (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$12,261
Expenses
$250
Net Income
-$12,511
Net Assets
-$185,619
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$12,261
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $240,410
Total Liabilities $426,029
Net Assets -$185,619
Compensation
Key Employees and Officers Compensation Related Other
W Timothy Hudson (Board Member) $0 $107,600 $9,705
Jeff Baird (Chairman) $0 $0 $0
Michael Dovilla (Board Member) $0 $0 $0
Harrison Green (Board Member) $0 $0 $0
Greg Heilmeier (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$7,582
Expenses
$250
Net Income
-$7,832
Net Assets
-$173,108
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$7,582
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $250,788
Total Liabilities $423,896
Net Assets -$173,108
Compensation
Key Employees and Officers Compensation Related Other
W Timothy Hudson (Board Member) $0 $80,000 $7,332
Jeff Baird (Chairman) $0 $0 $0
Michael Dovilla (Board Member) $0 $0 $0
Harrison Green (Board Member) $0 $0 $0
Greg Heilmeier (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$15,187
Expenses
$250
Net Income
-$15,437
Net Assets
-$165,276
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$15,187
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $261,164
Total Liabilities $426,440
Net Assets -$165,276
Compensation
Key Employees and Officers Compensation Related Other
W Timothy Hudson (Board Member) $0 $90,350 $2,710
Jeff Baird (Chairman) $0 $0 $0
Michael Dovilla (Board Member) $0 $0 $0
Harrison Green (Board Member) $0 $0 $0
Greg Heilmeier (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$18,907
Expenses
$250
Net Income
-$19,157
Net Assets
-$149,839
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$18,907
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $271,541
Total Liabilities $421,380
Net Assets -$149,839
Compensation
Key Employees and Officers Compensation Related Other
W Timothy Hudson (Board Member) $0 $89,066 $6,320
Jeff Baird (Chairman) $0 $0 $0
Michael Dovilla (Board Member) $0 $0 $0
Harrison Green (Board Member) $0 $0 $0
Greg Heilmeier (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$10,100
Expenses
$250
Net Income
-$10,350
Net Assets
-$130,682
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$10,100
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $281,918
Total Liabilities $412,600
Net Assets -$130,682

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$13,367
Expenses
$2,211
Net Income
-$15,578
Net Assets
-$120,332
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$13,367
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $292,295
Total Liabilities $412,627
Net Assets -$120,332

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$17,593
Expenses
$2,535
Net Income
-$20,128
Net Assets
-$104,754
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$17,593
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $302,861
Total Liabilities $407,615
Net Assets -$104,754

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$30,181
Expenses
$5,294
Net Income
-$35,475
Net Assets
-$84,626
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$30,181
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $315,468
Total Liabilities $400,094
Net Assets -$84,626

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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