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Alpha Kappa Psi House Corporation

Alpha Kappa Si House Corporation

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

EIN: 202689998 ✦ Minneapolis, MN ✦ Designated as a 501(c)(2)

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Overview

What is Alpha Kappa Psi House Corporation?

Alpha Kappa Psi House Corporation is a nonprofit organization situated in Minneapolis, Minnesota. Their primary mission is to offer affordable housing to students who are enrolled at the University of Minnesota, ensuring they have convenient accommodations near their campus. They operate under the name Alpha Kappa Si House Corporation and provide housing in the Raymond G Woolever house. This service aims to support the academic and living needs of these students, fostering a conducive environment for their studies.

Is Alpha Kappa Psi House Corporation legitimate?

Alpha Kappa Psi House Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Alpha Kappa Psi House Corporation 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: $6,000

For more financial information, click here

What is the mission statement of Alpha Kappa Psi House Corporation?

Alpha Kappa Psi House Corporation's primary mission is to offer students attending the University of Minnesota convenient and affordable housing options. This is achieved by managing the Raymond G Woolever house, located near the university campus, providing a comfortable living space for the students. The organization's goal is to contribute to the educational experience of these students by alleviating some of the financial burdens associated with housing. By offering affordable accommodation, Alpha Kappa Psi House Corporation aims to help students focus on their studies without undue financial stress.

Who is the CEO of Alpha Kappa Psi House Corporation?

Myron C Martin is the Vp-Finance Cfo of Alpha Kappa Psi House Corporation. The CEO's salary of Alpha Kappa Psi House Corporation is $0 and their total compensation is $0.

What is the revenue of Alpha Kappa Psi House Corporation?

Alpha Kappa Psi House Corporation's revenue in 2023 was $168,533.

Who are the executives of Alpha Kappa Psi House Corporation and what are their salaries?

There 5 volunteers at Alpha Kappa Psi House Corporation.


Here are 3 key members and their salaries (Alpha Kappa Psi House Corporation's CEO's salary is $0 and their total compensation is $0):


Myron C Martin (Vp-Finance Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois M Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathon R Podvin (President Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alpha Kappa Psi House Corporation?

Alpha Kappa Psi House Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Alpha Kappa Psi House Corporation

Alpha Kappa Psi House Corporation is dedicated to fulfilling a mission that caters to the needs of students studying at the University of Minnesota. At its core, this nonprofit organization strives to provide students with convenient and affordable housing options. This mission is carried out through the utilization of the Raymond G Woolever house, which is situated in close proximity to the University of Minnesota campus. By offering such accommodations, Alpha Kappa Psi House Corporation plays a significant role in supporting the academic pursuits of these students, ensuring that they have a comfortable living environment to focus on their studies.

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Impact




October, 2024

Alpha Kappa Psi House Corporation significantly impacts the University of Minnesota student community by offering convenient and affordable housing options. Located in the Raymond G. Woolever house, this initiative alleviates the financial burden on students, enabling them to focus on their studies without the stress of high living costs. The proximity of the housing to the university campus enhances accessibility to academic resources and extracurricular activities, fostering a supportive environment for personal and professional growth. Overall, the corporation plays a vital role in improving community living conditions for students, contributing to their overall educational experience and well-being.




This information is meant to be a general summary of Alpha Kappa Psi House Corporation. 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
$168,533 (2023)
Expenses
$168,366 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $214
  • Program Service Revenue: $168,319
  • Gross Receipts: $168,533

Assets and Liabilities:

  • Total Assets: $620,389
  • Total Liabilities: $506,786
  • Net Assets: $113,603

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rental Income

Revenue

$167,332

Other Exempt Function Income

Revenue

$987

Organization Details

Founding Year

2005

Principal Officer

Myron C Martin

Main Address

PO BOX 390604 PO Box 390604, MINNEAPOLIS, MN, 554390604

NTEE Category

Code: S47 - Community improvement

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