2025-04-14T10:18:43-05:00 2024-05-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2023-06-01 901116041 ESPONDA ASSOCIATES INC GROUP RETURN ESPO 3178761913 8910 PURDUE RD 730 INDIANAPOLIS IN 46268 ROB DERDIGER TREASURER 3178761913 2025-04-12 1 1 ANGELA CRAWFORD CPA P00573197 3178488920 2025-04-12 2023 2025-03-06 01:10:19Z X ROB DERDIGER 8910 PURDUE RD 730 INDIANAPOLIS IN 46268 9181670 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 3 8245 0 128593 90268 7898745 9045050 11951 -18280 5116 0 8044405 9117038 4967076 0 0 0 0 0 0 0 0 10021163 11719159 14988239 11719159 -6943834 -2602121 33836774 32779170 24363265 25909652 9473509 6869518 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 X 66 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 8910 PURDUE RD 730 INDIANAPOLIS IN 46268 ANDREW FRADKIN PRESIDENT 5.00 X X 0 0 0 MARK SCHIFF VICE PRESIDENT 5.00 X X 0 0 0 JON PIERCE SECRETARY 5.00 X X 0 0 0 ROB DERDIGER TREASURER 5.00 35.00 X X 0 240794 15094 ANDREW BORANS DIRECTOR 5.00 35.00 X 0 124492 23181 JOSHUA SCHENK DIRECTOR OF HOUSING 5.00 35.00 X 0 121057 11009 0 486343 49284 0 0 1 0 0 77732 12536 90268 RENTAL INCOME 531190 8415426 8415426 SERVICE INCOME 531190 448705 448705 MEAL PLAN INCOME 531190 180919 180919 9045050 8245 8245 38107 64632 -26525 -26525 -26525 9117038 9045050 8245 -26525 964500 33213 116049 3763 4795309 2714808 1583804 308662 MEAL PLAN PAYMENTS 1169684 PROGRAMMING EXPENSE 25104 OTHER EXP 4263 11719159 389145 388720 45685909 13489959 33363129 32195950 84500 194500 33836774 32779170 511905 510008 23851360 25399644 24363265 25909652 X 9473509 6869518 9473509 6869518 33836774 32779170 -2602121 -1870 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7213796 7213796 29838487 8711355 21127132 7659477 4168803 3490674 656267 609801 46466 317882 317882 32195950 DUE TO RELATED PARTY 18328421 CUSTOMER DEPOSITS 482751 TRUSTEE CASH ACCOUNT 6588472 25399644 X PART X, LINE 2: NOTES TO CONSOLIDATED FINANCIAL STATEMENTS: 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 LAW. THE ACTIVITIES OF LION HOLDINGS ARE EXEMPT AS PROGRAMS UNDER ESPONDA'S NOT-FOR-PROFIT EXEMPTION. 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 LAW. THE ACTIVITIES OF EDGEMERE INCLUDE 12112 MENDEL DR. LLC, 1616 NE 50TH, LLC, 165 BAY STATE, LLC, 304 WALNUT PLACE, LLC, 301 E. SYCAMORE LLC, AND 1116 INDIANA, LLC, THE ACTIVITIES OF WHICH ARE ALL EXEMPT AS PROGRAMS UNDER EDGEMERE'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 (62 ON MAY 31, 2023) 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, 2024 OR 2023. THE ORGANIZATION HAS FILED ITS FEDERAL AND STATE INCOME TAX RETURNS FOR PERIODS THROUGH MAY 31, 2023. 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 224334 0 10000 0 6460 0 7044 0 8050 0 255888 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 8910 PURDUE RD STE 730 INDIANAPOLIS IN 46268 272762793 PROPERTY MANGEMENT IN 501(C)(7) 0 ALPHA EPSILON PI FRATERNITY 8910 PURDUE RD STE 730 INDIANAPOLIS IN 46268 430769468 FRATERNAL ORGANIZATION IN 501(C)(7) 0 ALPHA EPSILON PI FOUNDATION 8910 PURDUE RD STE 730 INDIANAPOLIS IN 46268 136141078 FOUNDATION IN 501(C)(3) LINE 10 0 EDGEMERE FRATERNAL PROPERTIES INC 8910 PURDUE RD STE 730 INDIANAPOLIS IN 46268 881201829 PROPERTY MANGEMENT IN 501(C)(7) 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 ALPHA EPSILON PI FOUNDATION C 77732 FMV ESPONDA ASSOCIATES INC M 988500 FMV ESPONDA ASSOCIATES INC E 18293421 FMV