KAPPA ALPHA CORPORATION OF HOBART COLLEGE

EIN: 160842505 Education

North Chittenden, VT

Total Revenue
$12,227
Total Expenses
$34,278
Total Assets
$347,029
Net Assets
$347,029
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1931
Legal Domicile
NY
Principal Officer
Edward Mooney
Phone
3017872775
Tax Period
2025-01-01 to 2025-12-31

KAPPA ALPHA CORPORATION OF HOBART COLLEGE, founded in 1931, is a micro nonprofit in the Education sector that reported $12K in total revenue in fiscal year 2025. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $34K exceeded revenue, resulting in a 180% operating deficit.

Mission

The Kappa Alpha Corporation of Hobart College was formed in 1931 for the purpose of alumni support and oversight of the Kappa Alpha Society of Hobart College, an undergraduate social fraternity. The Corporation owns a residence for undergraduate students at 600 South Main Street, Geneva, New York, adjacent to Hobart College. All activities of the Corporation take place at this residence or within the college and local community. By by-law of the Corporation, members of the social fraternity chapter are also members of the Corporation upon joining the fraternity. The Corporation provides financial support, mentoring, and guidance for the undergraduate fraternity. Financial support includes maintenance of the residence, costs associated with certain proscribed activities focused on community involvement, and emergency funding of both the fraternity and individual members when necessary. Core to the mission of the corporation is leadership training and adherence to rules and social norms

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $12,227
Other Revenue $0
TOTAL REVENUE $12,227

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $28,002
Other Expenses $34,278
TOTAL EXPENSES $34,278

Year-over-Year Comparison

2025 2024 Change
Revenue $12,227 $26,478 -0.5%
Expenses $34,278 $36,760 -0.1%
Net Income $-22,051 $-10,282 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

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

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John A Hoff Jr Officer 0
Officer Director
$0 $0 $0
Maxwell Gorton Director 0
Director
$0 $0 $0
Edward Mooney President 0
Officer Director
$0 $0 $0
Theodore Tanzer Secretary 0
Officer Director
$0 $0 $0
Phillip Scott First Vice President 0
Director
$0 $0 $0
Preston Rich Treasurer 0
Officer Director
$0 $0 $0
Tyler Maddock Director 0
Director
$0 $0 $0
Brian Schubmehl Director 0
Director
$0 $0 $0
Steven Ives Director 0
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 $12,227 $34,278 $347,029 $-22,051
2024 No data No data No data No data
2023 $211,551 $9,816 $330,331 $201,735
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