2024-04-12T13:00:34-05:00 2023-05-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2022-06-01 881201829 EDGEMERE FRATERNAL PROPERTIES INC EDGE 3178761913 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 ROB DERDIGER CEO 3178761913 2024-04-08 1 ROB DERDIGER 999009999 1 ANGELA N 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 10322555 0 X N/A X 2022 IN EDGEMERE FRATERNAL PROPERTIES, INC. WAS ESTABLISHED TO DEVELOP, FOSTER AND MAINTAIN BROTHERHOOD AND SOCIAL INTERACTION IN FRATERNAL FACILITIES. 7 5 0 5 0 0 0 4790909 0 0 0 776182 0 1646 0 5568737 0 0 0 0 0 0 0 0 0 0 65508 0 65508 0 5503229 0 5503229 0 0 0 5503229 EDGEMERE FRATERNAL PROPERTIES, INC. WAS ESTABLISHED TO DEVELOP, FOSTER AND MAINTAIN BROTHERHOOD AND SOCIAL INTERACTION IN FRATERNAL FACILITIES. 0 0 PROVIDE SUPPORT AND ASSISTANCE TO CHAPTERS AND COLONIES IN ORDER TO MAINTAIN APPROPRIATE COMPETITIVE AND SAFE FACILITIES. 0 1 0 0 0 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 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 IN X THE ORGANIZATION 3178761913 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 MARK SCHIFF PRESIDENT 5.00 X X 0 0 0 ROB DERDIGER TREASURER 5.00 35.00 X X 0 230784 13666 MARC KATZ SECRETARY 5.00 X X 0 0 0 ANDREW BORANS DIRECTOR 5.00 35.00 X 0 0 0 ANDREW FRADKIIN DIRECTOR 5.00 X 0 0 0 SCOTT KNAPP DIRECTOR 5.00 X 0 0 0 JON PIERCE DIRECTOR 5.00 X 0 0 0 0 230784 13666 0 0 1 0 0 X 4790909 4790909 4790909 5530000 4753818 776182 776182 776182 MISCELLANEOUS INCOME 900099 1646 1646 1646 5568737 1646 0 776182 X 28417 37091 65508 5503229 0 5503229 0 0 X 5503229 0 5503229 0 5503229 5503229 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 5568737 0 5568737 0 5568737 65508 0 65508 0 65508 PART X, LINE 2: EDGEMERE 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 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 0 0 ROB DERDIGER TREASURER 0 211284 0 18250 0 1250 0 6938 0 6728 0 244450 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. X 1 4790909 FMV 0 0 0 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 INFORMATION PROVIDED 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 CORPORATION BOARD MEMBERS. 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 EDGEMERE FRATERNAL PROPERTIES, INC. ARE AVAILABLE UPON REQUEST. FORM 990, PART VIII, LINE 7D, COLUMN D STATEMENT TO REPORT THE DEFERRAL OF GAIN ON THE SALE OF PROPERTY USED IN THE PERFORMANCE OF AN EXEMPT FUNCTION BY AN ORGANIZATION DESCRIBED IN IRC SEC. 501(C)(7): REAL ESTATE USED IN THE EXEMPT FUNCTION OF THE ORGANIZATION WAS SOLD IN MAY 2023 FOR $5,530,000. AFTER DEDUCTING COST BASIS OF $4,753,818, THE RESULTING GAIN OF $776,182 IS DEFERRED FROM TAXATION PENDING REINVESTMENT OF PROCEEDS. PURSUANT TO IRC SEC. 512(A)(3)(D), WITHIN ONE YEAR PRIOR TO THE SALE AND THREE YEARS AFTER THE DATE OF SALE, ALL PROCEEDS FROM THE SALE WILL BE USED TO PURCHASE ADDITIONAL PROPERTY USED IN THE EXEMPT FUNCTION OF THE ORGANIZATION. THUS, NO GAIN IS RECOGNIZED ON THE SALE. FORM 990, PART IX, LINE 11G CLOSING COSTS 28,417. 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 MANAGEMENT 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 ESPONDA ASSOCIATES INC GROUP 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 901116041 PROPERTY MANAGEMENT IN 501(C)(7) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 ESPONDA ASSOCIATES INC GROUP C 4790909 NBV