Beta Theta Pi Holding Co is located in Manhattan, KS. The organization was established in 0000. 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. Beta Theta Pi Holding Co 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 07/2023, Beta Theta Pi Holding Co generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 71.6% each year . All expenses for the organization totaled $325.6k during the year ending 07/2023. While expenses have increased by 28.1% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING FOR COLLEGE STUDENTS AT KANSAS STATE UNIVERSITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING/OCCUPANCY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patrick Karcz Treasurer | Officer | 5 | $0 |
Grant Hill Co-President | Officer | 5 | $0 |
Bernie Haney Board Member | Officer | 1 | $0 |
Patrick Lee Co-President | Officer | 5 | $0 |
John Lonker Board Member | Officer | 1 | $0 |
Nathan Balkenbusch Board Member | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $195,294 |
Related organizations | $948,566 |
Government grants | $0 |
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 | $1,143,860 |
Total Program Service Revenue | $307,266 |
Investment income | $5,516 |
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 | $1,456,642 |
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 | $2,291 |
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 | $48,112 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,000 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,008 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $52,616 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $204 |
Information technology | $3,174 |
Royalties | $0 |
Occupancy | $193,378 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $23 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,254 |
Insurance | $14,535 |
All other expenses | $0 |
Total functional expenses | $325,595 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $755,612 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,200 |
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 | $3,626,295 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,383,107 |
Accounts payable and accrued expenses | $46,640 |
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 | $2,787,411 |
Unsecured mortgages and notes payable | $14,853 |
Other liabilities | $11,135 |
Total liabilities | $2,860,039 |
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 | $1,523,068 |
Total liabilities and net assets/fund balances | $4,383,107 |