Beta Theta Pi Fraternity
- Assets
- $108.9k
- Revenue
- $916.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 02/1942
- Data as of
- 08/2021
- EIN
- 91-0144820
Organization Overview
Beta Theta Pi Fraternity is located in Seattle, WA. The organization was established in 1942. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Beta Theta Pi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2021, Beta Theta Pi Fraternity generated $916.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $869.1k during the year ending 08/2021. While expenses have increased by 5.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNITY CHAPTER ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY OF WASHINGTON CHAPTER OF BETA THETA PI HAS A LONG HISTORY OF EXCELLENCE AND TRADITION. SINCE ITS FOUNDING IN 1901, OVER 2,300 MEMBERS HAVE GONE ON TO BE SUCCESSFUL IN THEIR PERSONAL AND PROFESSIONAL LIVES. THIS PAST ACADEMIC YEAR, WE WERE THE PREMIER FRATERNITY ON CAMPUS, RANKING 1ST IN GRADES OUT OF ALL 31 CHAPTERS FOR THREE QUARTERS STRAIGHT. THIS YEAR IS NO DIFFERENTBETAS WAS FIRST IN GRADES AGAIN WITH A 3.45 ALL-HOUSE GPA. ADDITIONALLY, BETA THETA PI HAS A DIVERSE MEMBERSHIP, WITH INTERESTS RANGING FROM ATHLETICS TO POLITICS, ACADEMICS TO SOCIAL LIFE. OUR SOCIAL LIFE INCLUDES WEEKLY EVENTS, INTRAMURAL SPORTS, AND INTER-GREEK COMPETITIONS. MAKING THE DECISION TO PLEDGE BETA THETA PI WILL CHANGE YOUR LIFE AND PROVIDE A LIFETIME OF LOYAL FRIENDS AND CAREER OPPORTUNITIES. WE HANDLE THE COSTS OF PROVIDING FURNISHED LIVING FACILITIES FOR COLLEGE STUDENT MEMBERS AND MEMBERSHIP EDUCATION EXPENSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hogan Chase Treasurer 20 | OfficerTrustee | $0 | |
Gavin Doerr President 20 | OfficerTrustee | 5 | $0 |
Erik Jensen Officer 2019 | OfficerTrustee | 1 | $0 |
Andrew Kremer Treasurer 20 | OfficerTrustee | 5 | $0 |
Jack Titus Treasurer 20 | OfficerTrustee | 5 | $0 |
Brandan Walsh President 20 | OfficerTrustee | 5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $916,187 |
| 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 | $916,187 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $747 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,635 |
| 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 | $5,990 |
| Information technology | $9,492 |
| Royalties | $0 |
| Occupancy | $471,553 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $190 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $869,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,710 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,180 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100,000 |
| Total assets | $108,890 |
| Accounts payable and accrued expenses | $2,147 |
| Grants payable | $0 |
| Deferred revenue | $6,073 |
| 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 | $46,823 |
| Total liabilities | $55,043 |
| Net assets without donor restrictions | $53,847 |
| 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 | $108,890 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alpha Theta Of Alpha Delta Pi Building Corporation Issaquah, WA | $1,708,164 | $973,302 |
Phi Gamma Delta Fraternity Seattle, WA | $350,095 | $1,140,459 |
Beta Theta Pi Fraternity Seattle, WA | $108,890 | $916,187 |
Alpha Delta Phi Foundation Kirkland, WA | $740,441 | $793,693 |
Gamma Phi Beta Sorority Inc Seattle, WA | $2,167,793 | $762,242 |
Beta Pi Association Of Kappa Kappa Gamma Seattle, WA | $2,399,306 | $897,218 |
Puget Sound Association Of Sigma Kappa Sorority Seattle, WA | $1,731,949 | $760,171 |
Pi Kappa Phi Fraternity Seattle, WA | $195,786 | $713,457 |
Sigma Chi Fraternity Seattle, WA | $50,937 | $716,404 |
Cardinal National Housing Corporation Wilsonville, OR | $1,663,039 | $825,582 |
Alpha Gamma Delta Fraternity Seattle, WA | $319,187 | $750,834 |
Alpha Gamma Delta Fraternity Pullman, WA | $460,974 | $722,907 |