Overview
What is The Beta Foundation A Fraternity House?
The Beta Foundation A Fraternity House, located at 10 Crehoré Drive, Newton Lower Falls, Massachusetts 02462, is a nonprofit organization primarily focused on providing housing and meals for students of the Massachusetts Institute of Technology (MIT). Its mission involves operating a fraternity house, ensuring that students have a comfortable living space and regular meals. The organization's activities revolve around this main objective, contributing to the well-being and academic success of MIT students.
Is The Beta Foundation A Fraternity House legitimate?
The Beta Foundation A Fraternity House is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Beta Foundation A Fraternity House submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of The Beta Foundation A Fraternity House?
The Beta Foundation's mission, as a fraternity house, is centered around providing housing and meals for students attending the Massachusetts Institute of Technology (MIT). The foundation operates with the primary objective of offering a residential space and meals to these students, ensuring their comfort and well-being during their academic journey. This mission is instrumental in supporting the academic and social lives of the MIT students, providing them with a conducive environment for their studies and personal growth.
What is the revenue of The Beta Foundation A Fraternity House?
The Beta Foundation A Fraternity House's revenue in 2024 was $580,895.
Who are the executives of The Beta Foundation A Fraternity House and what are their salaries?
There 27 volunteers at The Beta Foundation A Fraternity House.
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Where can I find the form 990 for The Beta Foundation A Fraternity House?
The Beta Foundation A Fraternity House's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Beta Foundation A Fraternity House
The Beta Foundation A Fraternity House is dedicated to providing housing and meals for students attending the Massachusetts Institute of Technology (MIT). Through its operation of a fraternity house or dormitory, this nonprofit organization ensures that these students have a place to call home during their academic journey. The Beta Foundation also takes responsibility for supplying meals to the students, ensuring they have access to nutritious and nourishing food. By offering these essential services, The Beta Foundation A Fraternity House significantly contributes to the well-being and success of its students, allowing them to focus on their studies without the added stress of finding suitable housing and meal arrangements.
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Impact
October, 2024
The Beta Foundation A Fraternity House significantly impacts the lives of students at the Massachusetts Institute of Technology by offering essential housing and meal services. By providing a safe and welcoming environment, it fosters a sense of community among students, enhancing their college experience. This fraternity house not only serves as a place to live but also as a supportive space where students can connect, collaborate, and engage in educational and social activities. The provision of meals further supports students’ well-being, allowing them to focus on their studies without the added burden of daily meal preparation. Overall, its operations contribute to a nurturing educational environment that promotes academic success and personal growth.
This information is meant to be a general summary of The Beta Foundation A Fraternity House. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $27,534
- Program Service Revenue: $470,645
- Gross Receipts: $580,895
Assets and Liabilities:
- Total Assets: $1,586,682
- Total Liabilities: $295,220
- Net Assets: $1,291,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATION OF FRATERNITY
Revenue
$470,645
Organization Details
Founding Year
1936
Principal Officer
Thomas Holtey
NTEE Category
Code: B83 - Education
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