Overview
What is Epsilon Theta Corporation Inc?
Epsilon Theta Corporation Inc is a nonprofit organization primarily dedicated to managing the real estate assets of a residential fraternity at the Massachusetts Institute of Technology (MIT). Their primary mission is to offer suitable frat house accommodations, fostering a harmonious relationship with both the university and the surrounding town. The corporation is proactive in maintaining the long-term viability of both the fraternity and the corporation as crucial student housing options. Furthermore, Epsilon Theta Corporation manages and allocates resources for essential expenses, such as maintenance, insurance, and publicity, to ensure their overall success.
Official website here: www.epsilon-theta.org
Is Epsilon Theta Corporation Inc legitimate?
Epsilon Theta Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Epsilon Theta Corporation 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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Official website here: www.epsilon-theta.org
What is the mission statement of Epsilon Theta Corporation Inc?
Epsilon Theta Corporation Inc., in its mission, focuses on managing the real estate assets of a residential fraternity at an unspecified university. The corporation's primary goal is to ensure the viability of both the fraternity and the corporation as essential student housing. To achieve this, they aim to foster better relationships with the university and the local community. Additionally, Epsilon Theta Corporation Inc. manages the expenses associated with maintenance, insurance, and publicity, ensuring the corporation's financial success and the provision of high-quality accommodations for fraternity members.
Official website here: www.epsilon-theta.org
What is the revenue of Epsilon Theta Corporation Inc?
Epsilon Theta Corporation Inc's revenue in 2024 was $166,125.
Official website here: www.epsilon-theta.org
Who are the executives of Epsilon Theta Corporation Inc and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.epsilon-theta.org
Where can I find the form 990 for Epsilon Theta Corporation Inc?
Epsilon Theta Corporation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.epsilon-theta.org
Learn more at the official website: www.epsilon-theta.org
Mission Statement of Epsilon Theta Corporation Inc
Epsilon Theta Corporation Inc, a managing body for a residential fraternity at MIT, is dedicated to overseeing its real estate assets with the primary goal of offering suitable accommodations to fraternity members. The organization's mission extends beyond mere property management; it also aims to foster strong relationships with both the university and the local community. This endeavor is crucial in preserving the relevance and longevity of both the fraternity and the Corporation as significant student housing options. Moreover, Epsilon Theta Corporation Inc is responsible for managing various expenses, such as maintenance, insurance, and promotional activities. By diligently managing these aspects, the Corporation strives to secure its success and ensure a positive living experience for its fraternity residents.
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Impact
October, 2024
Epsilon Theta Corporation Inc plays a vital role in the student housing ecosystem at MIT by managing the real estate assets of a residential fraternity. Its primary focus on providing quality accommodations ensures that students have access to a supportive living environment that fosters academic and social engagement.
The Corporation enhances relationships with both the university and the surrounding community, which is crucial for maintaining a harmonious presence in Brookline, MA. By prioritizing open communication and collaboration, Epsilon Theta Corporation helps ensure the fraternity’s viability and relevance as a critical aspect of student life.
Moreover, the Corporation effectively handles various operational aspects, including maintenance, insurance, and publicity. This comprehensive management approach not only ensures the facility remains in excellent condition but also promotes a positive image of the fraternity, contributing to a sense of pride and belonging among its members.
In summary, Epsilon Theta Corporation Inc significantly impacts MIT by providing essential housing options, fostering community relationships, and ensuring the effective management of fraternity operations, all of which support the academic and personal development of its residents.
This information is meant to be a general summary of Epsilon Theta Corporation 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 2024.
- Investment Income: $13,727
- Program Service Revenue: $92,777
- Gross Receipts: $177,951
Assets and Liabilities:
- Total Assets: $874,956
- Total Liabilities: $301,141
- Net Assets: $573,815
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FRATERNITY HOUSE RENT
Revenue
$92,777
Organization Details
Founding Year
1924
Principal Officer
Daniel Castellano
Website
www.epsilon-theta.orgNTEE Category
Code: B83 - Education
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