HOUSE CORPORATION OF PHI GAMMA DELTA-RENSSELAER POLYTECHNIC INST

EIN: 141763764

Troy, NY

Total Revenue
$251,040
Total Expenses
$165,926
Total Assets
$1,392,585
Net Assets
$751,929
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NY
Principal Officer
David Camerota
Phone
2292547199
Tax Period
2024-05-01 to 2025-04-30

HOUSE CORPORATION OF PHI GAMMA DELTA-RENSSELAER POLYTECHNIC INST, founded in 1984, is a small nonprofit that reported $251K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $85K, a strong 34% operating margin.

Mission

To organize and maintain an undergraduate fraternity of students at Rensselaer Polytechnic Institute. To buy and sell real property as necessary for a fraternity house; to rent or lease such real property as necessary for a fraternity house. To hire or retain such personnel as necessary for the purpose of running, organizing and maintaining a fraternity such as an attorney, an accountant, cooks, maintenance men and any other personnel that may be needed according to the executive officers of the fraternity. To maintain and operate a portion of the fraternity house as educational space. To form a group of Phi Gamma Delta brothers from various other colleges and universities through out the United States of America to serve as a Board of Chapter Advisors; to promote the brotherhood of the National Fraternity of Phi Gamma Delta and to operate a Phi Gamma Delta at Rensselaer Polytechnic Institute.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $78,983
Program Service Revenue $169,657
Investment Income $2,400
Other Revenue $0
TOTAL REVENUE $251,040

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $165,926
Other Expenses $165,926
TOTAL EXPENSES $165,926

Year-over-Year Comparison

2024 2023 Change
Revenue $251,040 $193,739 +0.3%
Expenses $165,926 $151,880 +0.1%
Net Income $85,114 $41,859 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Keith Downes President 3
Officer Director
$0 $0 $0
Timothy Tse Vice President 3
Officer Director
$0 $0 $0
Mark Herrmann Treasurer 3
Officer Director
$0 $0 $0
Connor Rhoads Secretary 3
Officer Director
$0 $0 $0
Paul Meixner Director 2
Director
$0 $0 $0
Ken Abbott Director 1
Director
$0 $0 $0
David Camerota Director 3
Officer Director
$0 $0 $0
Andy Linn Director 1
Director
$0 $0 $0
Matt Bisson Director 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $251,040 $165,926 $1,392,585 $85,114
2024 $193,739 $151,880 $1,334,677 $41,859
2023 $112,881 $145,172 $1,314,139 $-32,291
2022 $114,739 $105,102 $1,385,954 $9,637
2021 $145,909 $141,480 $1,413,892 $4,429
2020 $92,910 $134,576 $1,445,412 $-41,666
2019 $244,001 $155,058 $1,520,538 $88,943
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