Phi Kappa Theta Fraternity

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 146038162 ✦ Silver spring, MD ✦ Designated as a 501(c)(7)

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Overview

What is Phi Kappa Theta Fraternity?

Phi Kappa Theta Fraternity is a nonprofit organization situated in Silver Spring, Maryland, with an address at 120 Springbrook Drive. Their primary mission is to offer housing and essential services to their undergraduate members. Operating as an educational fraternity and alumni organization, Phi Kappa Theta Fraternity is dedicated to maintaining chapter housing for its undergraduate members, ensuring a supportive environment for their growth and development.

Is Phi Kappa Theta Fraternity legitimate?

Phi Kappa Theta Fraternity is a legitimate nonprofit organization registered as a 501(c)(7) entity. Phi Kappa Theta 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: $0

For more financial information, click here

What is the mission statement of Phi Kappa Theta Fraternity?

The Phi Kappa Theta Fraternity serves as an educational fraternity alumni organization, with its primary mission being to maintain chapter housing for undergraduate members. In essence, this fraternity is committed to providing suitable living spaces and amenities for its undergraduate members, fostering a conducive environment for their academic and social development. By offering chapter housing, the organization aims to support the educational journey of its members, providing them with a structured living space that encourages camaraderie and academic focus.

Who is the CEO of Phi Kappa Theta Fraternity?

Alexander Marcus is the Treasurer of Phi Kappa Theta Fraternity.

What is the revenue of Phi Kappa Theta Fraternity?

Phi Kappa Theta Fraternity's revenue in 2022 was $131,357.

Who are the executives of Phi Kappa Theta Fraternity and what are their salaries?


Here are 3 key members and their salaries:


Alexander Marcus (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Monti (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Wafer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Phi Kappa Theta Fraternity?

Phi Kappa Theta Fraternity's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Phi Kappa Theta Fraternity

Phi Kappa Theta Fraternity, an educational fraternity alumni organization, is committed to maintaining chapter housing for its undergraduate members. In essence, the mission of this fraternity revolves around providing a residential space and necessary services for its undergraduate members. This mission is instrumental in fostering a conducive environment for the members' academic and social growth during their university years. The organization's efforts in maintaining chapter housing not only contribute to the overall fraternity experience but also serve as a base for the members to build a strong sense of community and camaraderie.

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Impact




October, 2024

Phi Kappa Theta Fraternity significantly impacts its members by providing essential housing and services that facilitate a conducive environment for education and personal growth. By maintaining chapter housing, the fraternity ensures that undergraduate members have a supportive and stable living situation where they can focus on their academic responsibilities and develop lifelong friendships.

The organization fosters a sense of community and brotherhood, which can enhance the overall college experience. Members benefit from networking opportunities and mentorship, which often extend beyond their undergraduate years, contributing to their professional development. By emphasizing education and providing the necessary resources, Phi Kappa Theta helps cultivate leaders who are well-prepared to contribute positively to society.




This information is meant to be a general summary of Phi Kappa Theta 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.

Revenue
$131,357 (2022)
Expenses
$89,077 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,821
  • Gross Receipts: $168,348

Assets and Liabilities:

  • Total Assets: $932,786
  • Total Liabilities: $12,500
  • Net Assets: $920,286

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Organization Details

Founding Year

1967

Principal Officer

Alexander Marcus

Main Address

120 SPRINGBROOK DRIVE, SILVER SPRING, MD, 20904

NTEE Category

Code: B83 - Education

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