Overview
What is Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity?
The Alumni Association of the Nu Delta Chapter of Phi Mu Delta Fraternity is a nonprofit organization, located in Brooklyn, New York. Their primary mission is to offer housing and related amenities to 20 undergraduate students, primarily attending the Massachusetts Institute of Technology, as well as other educational institutions in the Boston area. This support enables these students to focus on their academic pursuits, contributing to the fraternity's college fraternity's ethos. The organization, with a team of one dedicated individual, has successfully provided such accommodation services for its members.
Is Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity legitimate?
Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity is a legitimate nonprofit organization registered as a 501(c)(7) entity. Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,564
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What is the mission statement of Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity?
The Alumni Association of the Nu Delta Chapter of Phi Mu Delta Fraternity's mission is centered around providing support to undergraduate members. Specifically, they offer room and board to students attending the Massachusetts Institute of Technology and various schools in the Boston area. This association aims to facilitate the educational journey of these 12 individuals, helping them navigate their college experience more smoothly.
By providing housing and meals, the association alleviates some of the financial burdens that come with higher education. This support is instrumental in enabling these students to focus on their academic pursuits, ultimately enhancing their overall college experience.
In the past, the association has accommodated up to 20 members, demonstrating its commitment to assisting a significant number of students. While the primary focus is on the Massachusetts Institute of Technology, the association extends its support to other Boston area schools as well.
Who is the CEO of Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity?
Richard Possemato is the Treasurer of Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity.
What is the revenue of Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity?
Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity's revenue in 2022 was $119,314.
Who are the executives of Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity and what are their salaries?
The average compensation at Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity during 2022 was $1,564. There is 1 employee and 10 volunteers at Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity.
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Where can I find the form 990 for Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity?
Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity
The Alumni Association of the Nu Delta Chapter of Phi Mu Delta Fraternity is dedicated to providing essential support to undergraduate members pursuing their studies at institutions such as the Massachusetts Institute of Technology and other Boston-area schools. This nonprofit organization's primary mission is to offer room and board facilities to 12 young individuals, enabling them to focus on their academic endeavors without the financial burden of securing housing. By providing a conducive living environment, the Alumni Association of the Nu Delta Chapter of Phi Mu Delta Fraternity aims to foster a sense of community among its members, fostering their personal and academic growth during their formative college years.
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Impact
October, 2024
The Alumni Association of the Nu Delta Chapter of Phi Mu Delta Fraternity significantly impacts the educational experience of its members by providing essential support through room and board. This assistance enables students attending the Massachusetts Institute of Technology and other Boston area schools to focus on their studies, enhancing their academic performance and overall college experience.
By accommodating 12 undergraduate members, the association fosters a sense of community and belonging, vital for personal and professional growth during college years. The financial relief from housing costs allows students to dedicate more time to academic pursuits, extracurricular activities, and networking opportunities, ultimately contributing to their success and development as future leaders.
Furthermore, the association’s commitment to education reflects a broader investment in the community, as these students, equipped with the support they need, are likely to contribute positively to society after graduation. The legacy of such support cultivates a cycle of mentorship and generosity, encouraging alumni to give back to the fraternity and its future members.
This information is meant to be a general summary of Alumni Association Of The Nu Delta Chapter Of Phi Mu Delta Fraternity. 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 2022.
- Investment Income: $29
- Gross Receipts: $119,314
Assets and Liabilities:
- Total Assets: $885,994
- Total Liabilities: $319,105
- Net Assets: $566,889
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Organization Details
Founding Year
2008
Phone
(617) 947-3216Principal Officer
Richard Possemato
Main Address
503 8th Avenue Apt 3, Brooklyn, NY, 11215
NTEE Category
Code: B84 - Education
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