Phi Mu House Corporation

Organization Overview

Phi Mu House Corporation is located in Tuscaloosa, AL. The organization was established in 1985. 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. Phi Mu House Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 06/2023, Phi Mu House Corporation generated $3.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $2.7m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE MEALS AND HOUSING FOR UNDERGRADUATE CHAPTER OF NATIONAL COLLEGIATE SOCIAL SORORITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSE MANAGEMENT-PROVIDED MEALS AND HOUSING FOR MEMBERS OF UNDERGRADUATE CHAPTER OF NATIONAL COLLEGIATE SOCIAL FRATERNITY.


PROVIDE MEALS AND HOUSING FOR UNDERGRADUATE CHAPTER OF NATIONAL COLLEGIATE SOCIAL FRATERNITY.


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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$757,280
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$757,280
Total Program Service Revenue$3,175,440
Investment income $9,765
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 $3,942,485

Peer Organizations

Organization NameAssets
Phi Theta Kappa
Jackson, MS
$15,297,865
Omega Psi Phi Fraternity
Decatur, GA
$14,895,796
Alpha Omicron Pi Fraternity Inc
Brentwood, TN
$8,065,959
Nautilus Management Inc
Memphis, TN
$3,275,750
Alpha Gamma Delta Fraternity
Tuscaloosa, AL
$3,946,434
Kappa Delta Sorority
Tuscaloosa, AL
$5,396,754
The Tau Beta Pi Association Inc
Knoxville, TN
$4,553,297
Alpha Chi Omega Alpha Upsilon House Corporation
Tuscaloosa, AL
$4,689,386
House Board Of Gamma Pi Of Kappa Kappa Gamma
Tuscaloosa, AL
$3,760,825
Gamma Phi Beta Sorority Inc
Tuscaloosa, AL
$3,058,555
Alabama Beta Of Pi Beta Phi House Association Incorporated
Tuscaloosa, AL
$2,813,973
Phi Mu House Corporation
Tuscaloosa, AL
$3,942,485
The Nu Beta Chapter Of The Chi Omega House Association Inc
Tuscaloosa, AL
$4,059,216
Mississippi Association Of Supervisors Inc
Jackson, MS
$2,769,719
Kappa Alpha Order
Tuscaloosa, AL
$2,099,957
Sigma Chi Fraternity Eta Chapter
Oxford, MS
$1,903,538
Alpha Delta Pi Building Corporation
Tuscaloosa, AL
$2,021,564
Alpha Tau Omega Fraternity
Tuscaloosa, AL
$2,025,351
Pi Kappa Phi Fraternity
Tuscaloosa, AL
$1,962,255
Phi Mu Foundation
Peachtree City, GA
$1,807,623
Beta Theta Pi Fraternity
Tuscaloosa, AL
$1,816,367
Sigma Nu Fraternity
Oxford, MS
$1,865,780
Pi Kappa Alpha Fraternity
Tuscaloosa, AL
$1,732,353
Phi Mu Fraternity
Oxford, MS
$1,091,941
Tau Of Chi Omega Fraternity House Corporation
Oxford, MS
$3,171,399

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