2024-04-12T13:00:45-05:00 2023-05-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2022-06-01 272762793 ESPONDA ASSOCIATES INC 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 3158499 0 X ESPONDAASSOCIATES.ORG X 2010 IN ESPONDA ASSOCIATES INC. WAS ESTABLISHED TO MANAGE BUILDING FACILITIES. THE ORGANIZATION WAS ALSO ORGANIZED TO FACILITATE, FOSTER, AND ENCOURAGE FRIENDSHIP, RECREATION, SOCIAL INTERACTION, THE PURSUIT OF KNOWLEDGE, AND OTHER NON-PROFIT PURPOSES AND ACTIVITIES AMONG ITS MEMBERS. 5 3 11 27 8547 0 182189 176167 1140485 1097346 612 944289 0 3981 1323286 2221783 0 0 0 0 456832 558789 0 0 0 564759 1283260 1021591 1842049 301695 379734 4956927 23998739 902950 19565028 4053977 4433711 X ESPONDA ASSOCIATES INC. WAS ESTABLISHED TO MANAGE BUILDING FACILITIES. THE ORGANIZATION WAS ALSO ORGANIZED TO FACILITATE, FOSTER, AND ENCOURAGE FRIENDSHIP, RECREATION, SOCIAL INTERACTION, THE PURSUIT OF KNOWLEDGE, AND OTHER NON-PROFIT PURPOSES AND ACTIVITIES AMONG ITS MEMBERS. 0 0 PROVIDE NOT-FOR-PROFIT MANAGEMENT SERVICES TO CHAPTERS AND HOUSE CORPORATIONS THAT PROVIDE HOUSING, PROGRAMMING, AND EDUCATION AND TO PROVIDE DIRECTION OF RESOURCES TO AND FOR CHAPTERS AND HOUSE CORPORATIONS WITH SIMILAR PURPOSE. 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 66 0 1 11 1 1 1 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 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 0 0 0 ROB DERDIGER TREASURER 5.00 35.00 X X 0 230784 13666 ANDREW BORANS DIRECTOR 5.00 35.00 X 0 152385 3554 JOSHUA SCHENK DIRECTOR OF HOUSING 40.00 X 112847 0 0 112847 383169 17220 1 0 1 0 APEX SERVICES 4623 KEEFER HWY LYONS MI 48851 REPAIRS 348865 1 X 176167 176167 MANAGEMENT FEE INCOME 531190 1020500 1020500 MEMBER RENTAL INCOME 531110 76846 76846 1097346 531005 522458 8547 1350000 936716 413284 413284 413284 MISCELLANEOUS INCOME 900099 3981 3981 3981 2221783 1623785 8547 413284 X 496770 9621 24364 28034 195000 43438 185787 16549 48725 74988 76392 554307 46323 22005 BANK CHARGES 10461 MISCELLANEOUS EXPENSE 5605 EDUCATIONAL EXPENSE 3680 1842049 3747449 5153059 74468 18615774 3091 5091 186249 148620 1020668 37629 111251 187186 4956927 23998739 0 18580774 496795 479123 406155 505131 902950 19565028 X 4053977 4433711 4053977 4433711 4956927 23998739 379734 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 186249 148620 37629 37629 FUNDS HELD IN TRUST 412631 DUE TO RELATED PARTY 92500 505131 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 AT 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 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 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 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 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 FISCAL YEAR END 2023 FOR $1,350,000. AFTER DEDUCTING COST BASIS OF $936,716, THE RESULTING GAIN OF $413,284 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 PAYROLL PROCESSING FEES 5,035. OUTSIDE SERVICES 180,752. 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. LION HOLDINGS LLC 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 841866593 PROPERTY MANAGEMENT IN ESPONDA ASSOCIATES 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 EDUCATIONAL AND SCHOLASTIC ASSISTANCE TO ALPHA EPSILON PI FRATERNITY IN 501(C)(3) LINE 10 0 EDGEMERE FRATERNAL PROPERTIES INC 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 881201829 HOUSING AND HOUSING RELATED ACTIVITIES TO CHAPTERS OF ALPHA EPSILON PI IN 501(C)(7) 0 ESPONDA ASSOCIATES INC GROUP 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 901116041 PROPERTY MANAGEMENT IN 501(C)(7) 0 0 0 1 0 1 0 0 0 0 1 1 1 1 0 1 1 1 0 0 ALPHA EPSILON PI FRATERNITY O 54201 FMV ALPHA EPSILON PI FRATERNITY E 92500 FMV ALPHA EPSILON PI FRATERNITY M 185000 FMV ESPONDA ASSOCIATES INC GROUP C 176167 FMV ESPONDA ASSOCIATES INC GROUP L 988500 FMV