Upsilon Alpha Building Corporation Inc
- Assets
- $1.7m
- Revenue
- $349.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 05/2005
- Data as of
- 12/2022
- EIN
- 41-2054806
Organization Overview
Upsilon Alpha Building Corporation Inc is located in Tucson, AZ. The organization was established in 2005. 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. Upsilon Alpha Building Corporation Inc 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 12/2022, Upsilon Alpha Building Corporation Inc generated $349.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $345.6k during the year ending 12/2022. 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
THE UPSILON ALPHA BUILDING CORP COLLECTS FUNDS IN ORDER TO MANAGE AND MAINTAIN THEIR CHAPTER HOUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UABC PROVIDES A CHAPTER HOUSE TO ABOUT 120-140 MEN OF THE CHAPTER TO CONDUCT ITS AFFAIRS SUCH AS RESIDENTIAL ROOMS, FOR THOSE WHO LIVE IN THE CHAPTER HOUSE, A PLACE TO CONDUCT MEETINGS, A STUDY ROOM TO SUPPORT ACADEMIC ACHIEVEMENT, A KITCHEN TO PROVIDE MEALS AND FOOD SERVICE, A VENUE FOR SOCIAL EVENTS, A PLACE TO CONDUCT PHILANTHROPIC EVENTS, CAREER MENTORING PRESENTATIONS, FAMILY EVENTS AND A BASE OF OPERATIONS TO SUPPORT OTHER VOLUNTEER COMMUNITY SERVICES. IN ADDITION, UABC ALLOWS NON RESIDENT MEMBERS A VENUE TO CONDUCT THEIR FRATERNITY RELATED ACTIVITIES, AS WELL AS, MEALS AND FOOD SERVICE AND OTHER ACTIVITIES AS PREVIOUSLY STATED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Mongan President | Trustee | 1 | $0 |
Vince San Angelo Treasurer | Trustee | 5 | $0 |
Jeff Patch Secretary | Trustee | 1 | $0 |
Craig Barker Director | Trustee | 1 | $0 |
Deron Webb Director | Trustee | 1 | $0 |
Mike Johnson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $123,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,905 |
| Total Program Service Revenue | $220,000 |
| Investment income | $86 |
| 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 | $349,653 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $12,082 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $12,759 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $259 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $137,755 |
| Insurance | $22,475 |
| All other expenses | $1,320 |
| Total functional expenses | $345,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,812 |
| Savings and temporary cash investments | $310,599 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,328,434 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,719,845 |
| Accounts payable and accrued expenses | $7,972 |
| Grants payable | $0 |
| Deferred revenue | $19,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,972 |
| Net assets without donor restrictions | $1,692,873 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,719,845 |