Wednesday, March 10, 2010
 
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Income Distribution Minimize

Income

% of Total

Description of Income
One Time Dues 21.02% Initiation fees paid by new members. Only a portion of the fee they pay is used for the current operating budget.
Chapter Assessment 13.35% Assessments billed to each chapter.
Insurance Premiums 24.56% Insurance premiums billed to each chapter.
New Chapter Chartering Fees 0.89% These fees are collected from new chapters that are instituted b y the National Fraternity. This income is to offset the cost of chartering.
AXPEF Educational Grants 22.80% These grants are given from the Educational foundation based on a program plan submitted to the board of trustees. This income is to offset educational programs put on by the fraternity.
Royalties 1.33% The Fraternity received royalties from certain vendors. Such items as sportswear, calling card usage and the Alpha Chi Rho credit card generate these royalties.
Investment Income 10.56% This is income earned on the endowments of the Fraternity.
Realized (Gain)/Loss 5.49% This is income earned on the endowments of the Fraternity.
  

Fraternity Events


2010 Sherriff Shootout
April 30, 2010
Mt. Laurel, NJ

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