Beta Theta Pi General Fraternity House Corporation is located in Oxford, OH. The organization was established in 2019. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beta Theta Pi General Fraternity 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 05/2023, Beta Theta Pi General Fraternity House Corporation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.7% each year . All expenses for the organization totaled $1.0m during the year ending 05/2023. While expenses have increased by 30.7% per year over the past 5 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
TO PROVIDE HOUSING STANDARDS AND GUIDANCE TO ALL BETA THETA PI FRATERNITY HOUSE CHAPTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOUSING STANDARDS AND GUIDANCE TO ALL BETA THETA PI FRATERNITY HOUSE CHAPTERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adam Collins President | OfficerTrustee | 1 | $0 |
Andrew Zurborg Treasurer | OfficerTrustee | 1 | $0 |
Steve Becker Secretary | OfficerTrustee | 1 | $0 |
Daen Ekpa Director | Trustee | 1 | $0 |
Dan Farmer Director | Trustee | 1 | $0 |
Vincent Mikolay Director | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,061,939 |
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 | $1,061,939 |
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 | $113,775 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $13 |
Payroll taxes | $424 |
Fees for services: Management | $54,135 |
Fees for services: Legal | $6,588 |
Fees for services: Accounting | $1,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $833 |
Information technology | $1,633 |
Royalties | $0 |
Occupancy | $613,636 |
Travel | $16,550 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,214 |
Interest | $21,426 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $40,932 |
All other expenses | $0 |
Total functional expenses | $1,036,227 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $218,549 |
Savings and temporary cash investments | $2,000 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $118,950 |
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 | $444,461 |
Net Land, buildings, and equipment | $701,361 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $80,034 |
Total assets | $1,565,355 |
Accounts payable and accrued expenses | $19,283 |
Grants payable | $0 |
Deferred revenue | $751,897 |
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 | $598,582 |
Unsecured mortgages and notes payable | $422,521 |
Other liabilities | $15,120 |
Total liabilities | $1,807,403 |
Net assets without donor restrictions | -$242,048 |
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 | $1,565,355 |