Oklahoma Beta Building Association Of Phi Delta Theta is located in Stillwater, OK. The organization was established in 1974. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Beta Building Association Of Phi Delta Theta is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2022, Oklahoma Beta Building Association Of Phi Delta Theta generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $668.1k during the year ending 06/2022. While expenses have increased by 17.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ADMINISTRATIVE MANAGEMENT AND SUPPORT FOR THE OKLAHOMA STATE UNIVERSITY PHI DELTA THETA OKLAHOMA BETA CHAPTER HOUSE. A COLLEGE FRATERNITY HOUSE LOCATED AT OKLAHOMA STATE UNIVERSITY IN STILLWATER, OKLAHOMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGED THE 224 S. MONROE CHAPTER HOUSE PROPERTY FOR THE PHI DELTA THETA OKLAHOMA BETA FRATERNITY IN STILLWATER, OKLAHOMA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Mcguire Vice President | Officer | 0 | $0 |
Aaron Worley President | Officer | 4 | $0 |
Joe Carter Treasurer / Secretary | Officer | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $607,103 |
Fundraising events | $0 |
Related organizations | $394,569 |
Government grants | $800 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,002,472 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,002,472 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $24,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,860 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,768 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $35,469 |
Office expenses | $4,097 |
Information technology | $2,373 |
Royalties | $0 |
Occupancy | $103,216 |
Travel | $3,380 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,575 |
Interest | $52,237 |
Payments to affiliates | $90,820 |
Depreciation, depletion, and amortization | $96,227 |
Insurance | $33,518 |
All other expenses | $31,625 |
Total functional expenses | $668,087 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,259 |
Savings and temporary cash investments | $301 |
Pledges and grants receivable | $470,569 |
Accounts receivable, net | $28,421 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,200 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $942,417 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,456,167 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,037,348 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $35,000 |
Total liabilities | $1,072,348 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $383,819 |
Total liabilities and net assets/fund balances | $1,456,167 |