2024-04-11T08:37:29-05:00 2023-05-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2022-06-01 901116041 ESPONDA ASSOCIATES INC GROUP RETURN ESPO 3178761913 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 ROB DERDIGER TREASURER 3178761913 2024-04-08 1 ROB DERDIGER 999009999 1 ANGELA CRAWFORD CPA P00573197 3178488920 2024-04-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROB DERDIGER 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 8045205 1 1 6016 X N/A X 2010 IN ESPONDA ASSOCIATES INC. WAS ESTABLISHED TO MANAGE BUILDING FACILIITIES. THE ORGANIZATION WAS ALSO ORGANIZED TO FACILITATE, FOSTER, AND ENCOURAGE FRIENDSHIP, RECREATION, SOCIAL INTERACTION, THE PURSUIT OF KNOWLEDGE, AND OTHER NON-PROFIT PURPOSES AND ACTIVITITES AMONG ITS MEMBERS. 5 3 0 5 12751 0 48994 128593 7784654 7898745 -54219 11951 59730 5116 7839159 8044405 0 4967076 0 0 0 0 0 0 0 8598190 10021163 8598190 14988239 -759031 -6943834 35625730 33836774 19147769 24363265 16477961 9473509 X ESPONDA ASSOCIATES INC. WAS ESTABLISHED TO MANAGE BUILDING FACILIITIES. THE ORGANIZATION WAS ALSO ORGANIZED TO FACILITATE, FOSTER, AND ENCOURAGE FRIENDSHIP, RECREATION, SOCIAL INTERACTION, THE PURSUIT OF KNOWLEDGE, AND OTHER NON-PROFIT PURPOSES AND ACTIVITITES AMONG ITS MEMBERS. 0 0 PROVIDE NOT-FOR-PROFIT HOUSING, EDUCATION, AND PROGRAMMING TO MEMBERS OF 501(C)(7) FRATERNITY ORGANIZATIONS. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 X 61 0 1 0 1 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 0 0 0 0 0 IN X ESPONDA ASSOCIATES INC 3178761913 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 MARK SCHIFF VICE PRESIDENT 5.00 X X 0 0 0 ANDREW FRADKIN PRESIDENT 5.00 X X 0 0 0 JON PIERCE SECRETARY 5.00 X X 0 0 0 ANDREW BORANS DIRECTOR 5.00 35.00 X 0 152385 3554 ROB DERDIGER TREASURER 5.00 35.00 X X 0 230784 13666 JOSHUA SCHENK DIRECTOR OF HOUSING 5.00 35.00 X 0 0 0 0 383169 17220 0 0 1 0 APEX SERVICES 4623 KEFFER HWY LYONS MI 48851 REPAIRS 348865 1 106780 21813 128593 RENTAL INCOME 531190 7407792 7407792 SERVICE INCOME 531190 358106 358106 MEAL PLAN INCOME 531190 132847 132847 7898745 12751 12751 800 -800 -800 -800 MISCELLANEOUS INCOME 900099 5116 5116 5116 8044405 7903861 12751 -800 4967076 988500 166042 1700 89978 3829 4459792 3272 1148633 1538552 278984 MEAL PLAN PAYMENTS 1181515 PAYROLL, TAXES, & BENEF 118113 PROGRAMMING EXPENSE 30109 OTHER EXP 12144 14988239 404595 389145 28000 0 45330265 11967136 35072862 33363129 31773 0 88500 84500 35625730 33836774 16328141 511905 2819628 23851360 19147769 24363265 X 16477961 9473509 16477961 9473509 35625730 33836774 -6943834 -60618 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7213796 7213796 29838487 7656268 22182219 7338883 3743139 3595744 656042 567729 88313 283057 283057 33363129 AEPI/ESPONDA LOAN 18615774 CUSTOMER DEPOSITS 309631 TRUSTEE CASH ACCOUNT 4925955 23851360 X PART X, LINE 2: ESPONDA IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION AND HAS OBTAINED EXEMPTION FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE UNITED STATES INTERNAL REVENUE CODE AND SIMILAR STATE LAWS. THE ACTIVITIES OF LION HOLDINGS ARE EXEMPT AS PROGRAMS UNDER ESPONDA'S NOT-FOR-PROFIT EXEMPTION. THE ORGANIZATION OBTAINED A GROUP EXEMPTION RULING AND FILES A COMBINED RETURN FOR CORPORATIONS UNDER ITS MANAGEMENT (THE GROUP ENTITIES) THAT QUALIFY AS SUBORDINATE 501(C)(7) CORPORATIONS. THERE ARE 62 (60 ON MAY 31, 2022) CORPORATIONS FILED IN THE COMBINED GROUP RETURN. THE EXEMPTION IS ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME. AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION IS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. INCOME EARNED FROM NON-MEMBERS IS RECOGNIZED AS UNRELATED BUSINESS INCOME TO THE EXTENT SUCH INCOME IS NOT SET ASIDE. INCOME THAT IS PROPERLY SET ASIDE MUST BE USED FOR THE QUALIFYING PURPOSES OUTLINED IN THE SET ASIDE RESOLUTION. THE ORGANIZATION DID NOT PAY ANY UNRELATED BUSINESS INCOME TAX IN THE YEARS ENDED MAY 31, 2023 OR 2022. MANAGEMENT IS REQUIRED TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION TO DETERMINE IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF MAY 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE DISCLOSURE IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION HAS FILED ITS FEDERAL AND STATE INCOME TAX RETURNS FOR PERIODS THROUGH MAY 31, 2022. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). 0 ESPONDA ASSOCIATES INC 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 272762793 501(C)(7) 176167 0 PROGRAM SUPPORT EDGEMERE FRATERNAL PROPERTIES 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 881201829 501(C)(7) 0 4790909 FMV REAL PROPERTY PROGRAM SUPPORT 2 0 0 0 ROB DERDIGER TREASURER 0 211284 0 18250 0 1250 0 6938 0 6728 0 244450 0 0 ANDREW BORANS DIRECTOR 0 152385 0 0 0 0 0 3554 0 0 0 155939 0 0 PART I, LINE 3 THE CEO'S COMPENSATION IS DETERMINED BY A RELATED ENTITY. THAT ENTITY UTILIZED A COMPENSATION COMMITTEE, COMPENSATION SURVEYS, AND APPROVAL BY THE BOARD OF DIRECTORS IN DETERMINING COMPENSATION. FORM 990, PART V, LINE 3B THIS IS A GROUP RETURN FOR MULTIPLE SUBORDINATES. ALL REQUIRED 990-TS WILL BE APPROPRIATELY FILED BY THE INDIVIDUAL SUBORDINATES. FORM 990, PART V, LINE 1A FORMS 1099 ARE FILED UNDER THE PARENT ORGANIZATION FEDERAL ID NUMBER AS A COMMON PAYMASTER. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS UNDERTAKEN FOR THE 990 REVIEW IS AS FOLLOWS : THE 990 IS PREPARED, REVIEWED AND SIGNED BY A PUBLIC ACCOUNTING FIRM BASED ON INFORAMTION PORVIDED BY THE HEADQUARTERS'S OPERATIONS. THE 990 IS REVIEWED BY THE ACCOUNTING MANANGER AND DIRECTOR OF HOUSING AT THE HEADQUARTER'S OPERATIONS. AFTER REVIEW AND APPROVAL, IT IS FORWARDED TO THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C OUR CONFLICT OF INTEREST POLICY REQUIRES AN ANNUAL DISCLOSURE OF ANY CONFLICTS OF INTEREST FOR ALL HOUSE CORPORATION BOARD MEMBERS. ESPONDA ASSOCIATES' LEGAL COUNCIL REVIEWS ALL CONFLICT OF INTEREST DISCLOSURES TO DETERMINE ANY THAT NEED TO BE BROUGHT TO THE ATTENTION OF THE REMAINING BOARD MEMBERS OF THE CORPORATION OR TO THE MANAGEMENT COMPANY. NO BOARD MEMBERS ARE ALLOWED TO PROFIT OFF OF THE OPERATION OR MANAGEMENT OF THE HOUSING CORPORATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS FOR ESPONDA ASSOCIATES, INC. ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 1 MODIFIED CASH BASIS OF ACCOUNTING IS USED. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ESPONDA ASSOCIATES INC 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 272762793 PROPERTY MANGEMENT IN 501(C)(7) 0 ALPHA EPSILON PI FRATERNITY 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 430769468 FRATERNAL ORGANIZATION IN 501(C)(7) 0 ALPHA EPSILON PI FOUNDATION 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 136141078 FOUNDATION IN 501(C)(3) LINE 10 0 EDGEMERE FRATERNAL PROPERTIES INC 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 881201829 PROPERTY MANGEMENT IN 501(C)(7) 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 ALPHA EPSILON PI FRATERNITY P 70225 FMV ALPHA EPSILON PI FOUNDATION C 106780 FMV ESPONDA ASSOCIATES INC B 176167 FMV ESPONDA ASSOCIATES INC M 988500 FMV EDGEMERE FRATERNAL PROPERTIES INC B 4790909 FMV