ALPHA RHO ALUMNI ASSOCIATION C/O BILL NORRIS

EIN: 202471391 Education

PHILLIPSBURG, NJ

Total Revenue
$298,097
Total Expenses
$315,925
Total Assets
$718,646
Net Assets
$397,769
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1926
Legal Domicile
NJ
Principal Officer
KEVIN HAYNES
Phone
2013232179
Tax Period
2024-09-01 to 2025-08-31

ALPHA RHO ALUMNI ASSOCIATION C/O BILL NORRIS, founded in 1926, is a small nonprofit in the Education sector that reported $298K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year.

Mission

ALPHA RHO'S GREATEST RESOURCE IS THE QUALITY OF OUR BROTHERHOOD. OUR EFFORTS, ESPECIALLY AS ALUMNI, ARE TO GUARANTEE OUR YOUNG BROTHERS ENJOY THE SAME HIGH QUALITY CHI PSI EXPERIENCE THAT HAS INDELIBLY TOUCHED THE 3,000 PLUS RUTGERSMEN WHO WERE CHI PSIS. THESE GOALS ARE CENTRAL TO OUR MISSION: -TO TEACH YOUNG BROTHERS THOSE VALUES THAT ENDURE THROUGH ALL THE VICISSITUDES OF LIFE; -TO HELP THEM FIND THEMSELVES AND MAKE CHI PSI EVEN MORE PRECIOUS BECAUSE OF THAT INTIMACY THE MIND CREATES WITH THE PLACE IT AWAKENS IN; -TO MAKE OUR BROTHERS MORE AWARE OF THE FINER THINGS IN LIFE; -IN THESE ETHNICALLY CHALLENGING TIMES, TO GIVE OUR BROTHERS SOMETHING TO BELIEVE IN; -TO LEVERAGE INTANGIBLES IN CHI PSI TEACHING WHAT THEY'LL NEVER LEARN IN THE CLASSROOM; -TO CONVINCE THEM JUST HOW SPECIAL THEY ARE, THAT THEY TRULY ARE THE CHOSEN ONES; -TO TEACH OUR BROTHERS CHI PSI IS A GIFT AND THE GREATEST GIFTS THEY WILL EVER RECEIVE ARE THEIR EXALTED FRIENDSHIPS MADE AT THE LODGE; AND -TO EMPHASIZE THAT BE

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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 $10,244
Program Service Revenue $279,789
Investment Income $1,447
Other Revenue $6,617
TOTAL REVENUE $298,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $315,925
TOTAL EXPENSES $315,925

Year-over-Year Comparison

2024 2023 Change
Revenue $298,097 $335,283 -0.1%
Expenses $315,925 $269,135 +0.2%
Net Income $-17,828 $66,148 -1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW BELVERIO SECRETARY 0.50
Officer Director
$0 $0 $0
KEVIN HAYNES PRESIDENT 5.00
Officer Director
$0 $0 $0
EDWARD LANE TRUSTEE/ASST 0.50
Director
$0 $0 $0
BILL NORRIS TREASURER 3.00
Officer Director
$0 $0 $0
GLENN PFEIFER TRUSTEE 0.50
Director
$0 $0 $0
BILL ROYCE VP OF ALUMNI 2.00
Officer 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 $298,097 $315,925 $718,646 $-17,828
2024 $335,283 $269,135 $757,513 $66,148
2023 $286,420 $200,670 $762,692 $85,750
2022 $195,204 $211,289 $751,375 $-16,085
2021 $145,883 $130,943 $780,813 $14,940
2020 $134,176 $244,396 $658,771 $-110,220
2019 $299,546 $233,472 $782,274 $66,074
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