2026-07-07T08:39:00-05:00 2025-05-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2024-06-01 136141078 ALPHA EPSILON PI FOUNDATION ALPH 3178761913 8910 PURDUE ROAD 730 INDIANAPOLIS IN 46268 ROB DERDIGER CEO 3178761913 2026-06-30 1 1 ANGELA N CRAWFORD CPA P00573197 3178488920 2026-06-30 2024 2025-03-06 01:10:19Z X ROB DERDIGER 8910 PURDUE ROAD 730 INDIANAPOLIS IN 46268 6802880 0 X WWW.AEPI.ORG X 1945 IN TO PROMOTE THE IDEALS AND VALUES OF THE ALPHA EPSILON PI FRATERNITY THROUGH LEADERSHIP DEVELOPMENT, TO PARTNER WITH EDUCATIONAL AND JEWISH COMMUNAL ORGANIZATIONS, TO PROVIDE SCHOLARSHIPS, FINANCIAL SUPPORT AND PROGRAMMING FOR THE BETTERMENT OF OUR BROTHERS AND OUR COMMUNITY. 40 39 7 55 0 0 3148451 2659376 52400 159827 130554 579263 49656 11581 3381061 3410047 1496128 1961740 0 0 792115 651576 0 0 450488 537143 638059 2825386 3251375 555675 158672 5887945 6110532 173684 134191 5714261 5976341 TO PROMOTE THE IDEALS AND VALUES OF THE ALPHA EPSILON PI FRATERNITY THROUGH LEADERSHIP DEVELOPMENT, TO PARTNER WITH EDUCATIONAL AND JEWISH COMMUNAL ORGANIZATIONS, TO PROVIDE SCHOLARSHIPS, FINANCIAL SUPPORT AND PROGRAMMING FOR THE BETTERMENT OF OUR BROTHERS AND OUR COMMUNITY. 0 0 1961740 1961740 EDUCATIONAL GRANTS TO INSTITUTIONS FOR EDUCATIONAL PURPOSES AND TO INDIVIDUALS TO ASSIST IN PAYING FOR THEIR TUITION AND BOOKS. 514195 159827 EDUCATIONAL COSTS TO ASSIST UNDERGRADUATE CHAPTERS IN ADDRESSING PROBLEMS OF ALCOHOL AND DRUG ABUSE AND OTHER EDUCATIONAL ACTIVITIES. 2475935 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 4 0 1 7 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 40 39 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 0 IN X THE ORGANIZATION 3178761913 8910 PURDUE ROAD 730 INDIANAPOLIS IN 46268 DANIEL HAYS CHAIRMAN CHAIRMAN 1.00 X X 0 0 0 FREDERIC FOX VICE CHAIRMAN VICE CHAIRMAN 1.00 X X 0 0 0 MARK KARNO TREASURER TREASURER 1.00 X X 0 0 0 JAY FELDMAN SECRETARY 40.00 X X 202313 0 12651 MICHAEL ANTIN DIRECTOR 1.00 X 0 0 0 BRIAN BANNER DIRECTOR 1.00 X 0 0 0 IAN BERKOWITZ DIRECTOR 1.00 X 0 0 0 SCOTT BISHOP DIRECTOR 1.00 X 0 0 0 JOSH BORENSTEIN DIRECTOR 1.00 X 0 0 0 BARRY BURAK DIRECTOR 1.00 X 0 0 0 GREGG DARISH DIRECTOR 1.00 X 0 0 0 ERIC FARBMAN DIRECTOR 1.00 X 0 0 0 ARI FLECHNER DIRECTOR 1.00 X 0 0 0 RICHARD FRANKOFF DIRECTOR 1.00 X 0 0 0 JERRY HARRIS DIRECTOR 1.00 X 0 0 0 KEVIN ISENBERG DIRECTOR 1.00 X 0 0 0 STEVEN KASOFF DIRECTOR 1.00 X 0 0 0 NEIL KATZ DIRECTOR 1.00 X 0 0 0 MICHAEL LEVEN DIRECTOR 1.00 X 0 0 0 BARRY LEVIN DIRECTOR 1.00 X 0 0 0 HOWARD LORBER DIRECTOR 1.00 X 0 0 0 MITCH MARKEL DIRECTOR 1.00 X 0 0 0 BRIAN MERMELSHTEIN DIRECTOR 1.00 X 0 0 0 ANDREW MORRIS DIRECTOR 1.00 X 0 0 0 MICHAEL MORRIS DIRECTOR 1.00 X 0 0 0 BILL RUSITZKY DIRECTOR 1.00 X 0 0 0 ARI RYAN DIRECTOR 1.00 X 0 0 0 HARRY SALZMAN DIRECTOR 1.00 X 0 0 0 A EDWARD SCHERER DIRECTOR 1.00 X 0 0 0 MARK SCHIFF DIRECTOR 1.00 X 0 0 0 JEFFREY SCHILLER DIRECTOR 1.00 X 0 0 0 JONATHAN SLASS DIRECTOR 1.00 X 0 0 0 RICHARD STEIN DIRECTOR 1.00 X 0 0 0 RICHARD STETZER DIRECTOR 1.00 X 0 0 0 ROGER TERRONE DIRECTOR 1.00 X 0 0 0 BOB TESSLER DIRECTOR 1.00 X 0 0 0 HY VAUPEN DIRECTOR 1.00 X 0 0 0 MARTY WEINBERG DIRECTOR 1.00 X 0 0 0 NEIL WEISS DIRECTOR 1.00 X 0 0 0 AARON WEITMAN DIRECTOR 1.00 X 0 0 0 SHAYNA GOODMAN ACCOUNTING DIRECTOR 40.00 X 50851 0 5372 ROB DERDIGER CEO 5.00 35.00 X 0 256962 15480 253164 256962 33503 1 0 1 0 0 2659376 82949 2659376 ALUMNI PROGRAM REVENUE 900099 149827 149827 FRATERNITY REIMBURSEMENT 900099 10000 10000 159827 138889 138889 11581 0 11581 11581 11581 3040614 792593 2858509 534324 182105 258269 440374 440374 3410047 159827 0 590844 1604421 1604421 101319 101319 256000 256000 273623 112280 42416 118927 284099 116579 44040 123480 7372 3025 1143 3204 43407 17812 6729 18866 43075 17676 6677 18722 2632 2632 27850 27850 21593 21593 11165 11165 2953 2508 24 421 114772 3160 4336 107276 16429 4945 4977 6507 42265 15244 18057 8964 89068 49112 45 39911 15248 15196 52 114000 114000 6911 6911 EVENTS AND PROGRAMMING 156774 156534 240 BANK FEES & OTHER MISCE 12297 12297 DUES AND SUBSCRIPTIONS 3918 3918 DUES & SUB. 124 124 60 60 3251375 2475935 324952 450488 1679219 511780 140200 610745 458725 392 1750 19027 15856 530584 3171 4814640 2854911 364114 28246 5887945 6110532 130752 105944 42932 28247 173684 134191 X 3531748 -120943 2182513 6097284 5714261 5976341 5887945 6110532 158672 103408 0 X X 0 1 X 1 0 X 1730047 2399838 2461593 3148451 2659376 12399305 1730047 2399838 2461593 3148451 2659376 12399305 1831458 10567847 73558 85808 123450 157206 150467 590489 46353 49656 96009 13085803 159827 0.80760 0.82300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 5000 11753 160061 1 1 2182513 13000 73613 1082355 1186771 2255397 296538 268710 638132 2182513 2557506 378971 43001 724081 2255397 2941287 254356 -15600 622537 2557506 2895376 375573 261154 590816 2941287 0.47259 0.52741 0 0 19027 15856 3171 3171 OPERATING LEASE LIABILITY 28247 28247 X 3491862 103408 103408 3388454 21593 21593 3410047 3229782 0 3229782 21593 21593 3251375 PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND SIMILAR STATE LAW. AS SUCH, THE FOUNDATION IS GENERALLY EXEMPT FROM INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION 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 FOUNDATION, AND HAS CONCLUDED THAT AS OF MAY 31, 2025, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION HAS FILED ITS FEDERAL INCOME TAX RETURN FOR THE PERIODS THROUGH MAY 31, 2025 AND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, AS OF THE DATE THE FINANCIAL STATEMENTS WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 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 FILE OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). 1 0 0 0 0 0 0 0 0 0 EUROPE (INCLUDING ICELAND & GREENLAND) ISRAEL EDUCATION AND PROGRAMMING FOR UNIVERSITY STUDENTS AT CAMPUSES IN THE UNITED KINGDOM 256000 WIRE TRANSFER 0 0 0 0 0 0 0 PART I, LINE 2: IN INSTANCES WHEN THE FOUNDATION CONSIDERS A GRANT TO AN ORGANIZATION OUTSIDE OF THE UNITED STATES, A REVIEW OF THE ORGANIZATION'S ACTIVITIES AND PROGRAMMING TAKES PLACE BY FOUNDATION STAFF. THE FOUNDATION REQUESTS AN EXPLANATION OF PAST AND UPCOMING PROGRAM PLANS, AND ACTIVITIES FOR WHICH THE GRANT FUNDS WILL BE APPLIED. THIS INFORMATION IS SUBMITTED TO THE FOUNDATION GRANT COMMITTEE FOR APPROVAL, AND IS REPORTED TO THE FOUNDATION BOARD. ONCE A GRANT IS DISBURSED, THE FOUNDATION STAFF REMAINS IN CONTACT WITH THE ORGANIZATION TO REVIEW AND MONITOR THE PROGRAM ACTIVITIES THAT HAVE BEEN FUNDED. 1 ALPHA EPSILON PI FRATERNITY INC 8910 PURDUE RD SUITE 730 INDIANAPOLIS IN 46268 430769468 501(C)(7) 1015594 0 EDUCATIONAL PROGRAMMING ESPONDA ASSOCIATES INC GROUP 8910 PURDUE RD SUITE 730 INDIANAPOLIS IN 46268 901116041 501(C)(7) 170986 0 EDUCATIONAL PURPOSES ISRAEL CANCER RESEARCH FUND PO BOX 36 HARTSDALE NY 10530 510181215 501(C)(3) 10000 0 GENERAL SUPPORT UNITED HATZALAH 442 5TH AVENUE 1866 NEW YORK NY 10018 113533002 501(C)(3) 92728 0 GENERAL SUPPORT LEUKEMIA & LYMPHOMA SOCIETY 1201 15TH ST NW STE 410 WASHINGTON DC 20005 135644916 501(C)(3) 13829 0 GENERAL SUPPORT MAMAN NONPROFIT 16133 VENTURA BLVD STE 340 ENCINO CA 91436 931689315 501(C)(3) 6148 0 GENERAL SUPPORT PEF ISRAEL ENDOWMENT FUNDS INC 630 3RD AVE FL 15 NEW YORK NY 10017 136104086 501(C)(3) 6492 0 GENERAL SUPPORT VANDERBILT UNIVERSITY PMB 407727 2301 VANDERBILT PLACE NASHVILLE TN 37240 620476822 501(C)(3) 75000 0 HOUSING GRANT INDIANA UNIVERSITY 1024 E 3RD STREET ROOM 132 BLOOMINGTON IN 47405 356001673 501(C)(3) 8625 0 EDUCATIONAL GRANT 7 2 SCHOLARSHIPS 37 43525 GRANTS 34 57794 PART I, LINE 2: THE ALPHA EPSILON PI FOUNDATION STAFF REVIEWS ALL GRANTS TO ENSURE THAT THE GRANTEE IS A QUALIFIED RECIPIENT UNDER IRS REGULATIONS, AND THAT THE PURPOSE OF THE GRANT IS CHARITABLE IN NATURE. SCHOLARSHIPS ARE REVIEWED BY THE BOARD SCHOLARSHIP COMMITTEE AFTER STAFF REVIEW. THE ALPHA EPSILON PI FOUNDATION MAY DENY A REQUEST IF THE GRANT DOES NOT MEET CRITERIA FOR APPROVAL. X X X 0 0 0 0 0 0 0 0 0 ROB DERDIGER CEO 0 241962 0 15000 0 0 0 7714 0 7766 0 272442 0 0 JAY FELDMAN SECRETARY 202313 0 0 0 0 0 6069 0 6582 0 214964 0 0 0 X 5 82949 FMV 0 0 1 PART I, LINE 32B: STOCK GIFTS ARE HANDLED BY THE FOUNDATION'S WEALTH MANAGEMENT INVESTMENT ADVISOR AND ARE SOLD WHEN RECEIVED. FORM 990 EXPLANATION OF AMENDED RETURN THE ORGANIZATION IS FILING AN AMENDED FORM 990 TO CORRECT AMOUNTS REPORTED IN PART VII, SECTION A (COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES). UPON REVIEW, MANAGEMENT IDENTIFIED THAT CERTAIN COMPENSATION AMOUNTS PREVIOUSLY REPORTED FOR ONE INDIVIDUAL WERE INACCURATE. THE CORRECTED AMOUNTS HAVE BEEN UPDATED TO REFLECT TOTAL COMPENSATION CONSISTENT WITH FORM W-2 AND APPLICABLE PAYROLL AND BENEFITS RECORDS, IN ACCORDANCE WITH IRS REPORTING REQUIREMENTS. THE FOLLOWING SUMMARIZES THE CORRECTIONS: OTHER COMPENSATION FOR JAY FELDMAN DECREASED FROM $29,324 TO $12,651. CORRESPONDING CHANGES HAVE ALSO BEEN MADE TO: - PART IX (STATEMENT OF FUNCTIONAL EXPENSES), WHERE APPLICABLE, TO ENSURE CONSISTENCY IN REPORTED COMPENSATION EXPENSE - SCHEDULE J (COMPENSATION INFORMATION), FOR THE AFFECTED INDIVIDUAL. THE ORGANIZATION IS ALSO FILING AN AMENDED FORM 990 TO CORRECT THE ALLOCATION OF CERTAIN EXPENSES REPORTED IN PART IX (STATEMENT OF FUNCTIONAL EXPENSES) AND TO REFLECT THAT FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT. UPON FURTHER REVIEW, MANAGEMENT DETERMINED THAT CERTAIN COSTS PREVIOUSLY REPORTED SHOULD HAVE BEEN ALLOCATED IN ACCORDANCE WITH THE ORGANIZATION'S COST ALLOCATION POLICY. THE REVISED ALLOCATIONS WERE CALCULATED USING REASONABLE ALLOCATION METHODOLOGIES, INCLUDING TIME AND EFFORT ANALYSES, PERSONNEL COST STUDIES, AND FUNCTIONAL USAGE ESTIMATES, CONSISTENT WITH IRS GUIDANCE FOR FUNCTIONAL EXPENSE REPORTING. AS A RESULT OF THIS CORRECTION: - PROGRAM SERVICE EXPENSES DECREASED FROM $2,475,936 TO $2,475,935. - MANAGEMENT AND GENERAL EXPENSES DECREASED FROM $530,736 TO $324,952. - FUNDRAISING EXPENSES INCREASED FROM $244,703 TO $450,488. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY AND REVIEWED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A THE FOUNDATION BOARD OF DIRECTORS HAS A STANDING PERSONNEL PRACTICES COMMITTEE WHICH EVALUATES THE ORGANIZATION'S EXECUTIVE DIRECTOR ON AN ANNUAL BASIS. COMPENSATION WAS DETERMINED BY THE PERSONNEL PRACTICES COMMITTEE AT THE TIME THE EXECUTIVE DIRECTOR WAS HIRED THROUGH COMPARABILITY RESEARCH AND REVIEWING 990'S OF OTHER COMPARABLE ORGANIZATIONS. THE PERSONNEL PRACTICES COMMITTEE PRESENTED THEIR RECOMMENDATIONS AT A MEETING OF THE BOARD OF DIRECTORS WHERE A VOTE OF APPROVAL OCCURRED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ALPHA EPSILON PI FRATERNITY 8910 PURDUE RD STE 730 INDIANAPOLIS IN 46268 430769468 FRATERNAL ORGANIZATION IN 501(C)(7) 0 ESPONDA ASSOCIATES INC 8910 PURDUE RD STE 730 INDIANAPOLIS IN 46268 270762793 HOUSING AND HOUSING RELATED ACTIVITIES TO CHAPTERS OF ALPHA EPSILON PI IN 501(C)(7) 0 EDGEMERE FRATERNAL PROPERTIES INC 8910 PURDUE RD STE 730 INDIANAPOLIS IN 46268 881201829 HOUSING AND HOUSING RELATED ACTIVITIES TO CHAPTERS OF ALPHA EPSILON PI IN 501(C)(7) 0 ESPONDA ASSOCIATES INC GROUP 8910 PURDUE RD STE 730 INDIANAPOLIS IN 46268 901116041 PROPERTY MANAGEMENT IN 501(C)(7) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 ALPHA EPSILON PI FRATERNITY B 1015594 FMV ESPONDA ASSOCIATES INC GROUP B 170986 FMV ALPHA EPSILON PI FRATERNITY P 114000 FMV