Overview
What is Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc?
The Alumni Association of Alpha Mu Chapter of Phi Kappa Sigma Fraternity Inc, based in Wellesley, Massachusetts, is a nonprofit organization that focuses on providing high-quality, affordable housing for up to 44 Massachusetts Institute of Technology (MIT) students. Additionally, they maintain an active connection with approximately 500 of their alumni members, fostering a supportive environment and ensuring open communication. Their mission encompasses both housing services and alumni engagement.
Is Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc legitimate?
Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc 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 Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc?
The Alumni Association of Alpha Mu Chapter of Phi Kappa Sigma Fraternity Inc. is committed to providing high-quality housing for MIT students, ensuring a supportive environment. They also aim to maintain a connection with approximately 500 alumni members, fostering communication between the current students and their former peers. The association strives to offer a reasonably priced housing solution to the MIT student community.
What is the revenue of Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc?
Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc's revenue in 2021 was $430,010.
Who are the executives of Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc and what are their salaries?
There 10 volunteers at Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc.
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Where can I find the form 990 for Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc?
Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc
The Alumni Association of Alpha Mu Chapter of Phi Kappa Sigma Fraternity Inc is committed to providing high-quality housing for up to 44 MIT students, ensuring a supportive environment at reasonable prices. This nonprofit organization goes beyond just housing, as it also maintains regular communication with approximately 500 of its alumni members. By offering a nurturing living space and engaging with its alumni, the Alumni Association of Alpha Mu Chapter of Phi Kappa Sigma Fraternity Inc plays a significant role in the MIT student community.
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Impact
October, 2024
The Alumni Association of Alpha Mu Chapter of Phi Kappa Sigma Fraternity Inc plays a significant role in enhancing the educational experience for MIT students by providing quality housing. This organization offers accommodations for up to 44 students, creating a supportive living environment that contributes to their academic success and personal growth. By maintaining strong communication with approximately 500 alumni members, the association fosters a sense of community and connection, enabling current students to benefit from the experiences and networks of their predecessors. This supportive framework not only helps students thrive at MIT but also strengthens the bonds among alumni, promoting a lasting legacy of collaboration and mentorship.
This information is meant to be a general summary of Alumni Assoc Of Alpha Mu Chapter Of Phi Kappa Sigma Fraternity Inc. 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 2021.
- Investment Income: $198,540
- Program Service Revenue: $1,000
- Gross Receipts: $1,282,813
Assets and Liabilities:
- Total Assets: $3,083,913
- Total Liabilities: $704,921
- Net Assets: $2,378,992
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent from Students
Revenue
$1,000
Organization Details
Founding Year
1993
Principal Officer
Keith Kallberg
NTEE Category
Code: B83 - Education
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