Overview
What is Iota Phi Theta Fraternity Inc?
Iota Phi Theta Fraternity Inc is a nonprofit organization dedicated to fostering fellowship and leadership among its members, both at the graduate and undergraduate levels. Its primary mission is to promote scholarship, leadership, citizenship, fidelity, and brotherhood, encouraging members to engage in cultural, educational, and community service activities. The fraternity aims to uplift individuals, particularly those of color, by providing economic, scholastic, and social enrichment opportunities through networking, training, and development. The fraternity's activities include social events, programs, and community service, all with the goal of preparing its members for future leadership and professional advancement.
Official website here: www.iotaphitheta.org
Is Iota Phi Theta Fraternity Inc legitimate?
Iota Phi Theta Fraternity Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Iota Phi Theta 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $82,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,566
For more financial information, click here
Official website here: www.iotaphitheta.org
What is the mission statement of Iota Phi Theta Fraternity Inc?
Iota Phi Theta Fraternity Inc's mission is centered around fostering scholarship, leadership, citizenship, loyalty, and brotherhood among men. The fraternity encourages its members to engage in cultural, educational, and service activities. These activities aim to provide economic, scholastic, and social enrichment, with a particular focus on supporting individuals of color. Furthermore, Iota Phi Theta Fraternity Inc seeks to prepare its members for future leadership and professional advancement opportunities through networking, training, and development.
Official website here: www.iotaphitheta.org
Who is the CEO of Iota Phi Theta Fraternity Inc?
Myron Covington is the Vice President of Iota Phi Theta Fraternity Inc. The CEO's salary of Iota Phi Theta Fraternity Inc is $0 and their total compensation is $0.
Official website here: www.iotaphitheta.org
What is the revenue of Iota Phi Theta Fraternity Inc?
Iota Phi Theta Fraternity Inc's revenue in 2022 was $1,006,079.
Official website here: www.iotaphitheta.org
Who are the executives of Iota Phi Theta Fraternity Inc and what are their salaries?
The average compensation at Iota Phi Theta Fraternity Inc during 2022 was $95,566. There is 1 employee at Iota Phi Theta Fraternity Inc.
Here are 12 key members and their salaries (Iota Phi Theta Fraternity Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $82,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.iotaphitheta.org
Where can I find the form 990 for Iota Phi Theta Fraternity Inc?
Iota Phi Theta Fraternity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iotaphitheta.org
Learn more at the official website: www.iotaphitheta.org
Mission Statement of Iota Phi Theta Fraternity Inc
Iota Phi Theta Fraternity Inc, a fraternal organization, is dedicated to fostering scholarship, leadership, citizenship, fidelity, and brotherhood among its members. The primary objective of this fraternity is to engage in cultural, educational, and service activities that aim to provide economic, scholastic, and social enrichment, particularly for individuals of color. The fraternity's mission is also geared towards preparing its members for future leadership and professional advancement opportunities. This is achieved through networking, training, and development initiatives. The purpose of Iota Phi Theta Fraternity Inc is to create a supportive environment that empowers its members, promoting their personal growth and professional success. The fraternity's commitment to these values and activities is instrumental in enriching the lives of its members and contributing positively to the communities they serve.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Iota Phi Theta Fraternity Inc. has made a significant impact by fostering scholarship, leadership, and a sense of brotherhood among men, particularly within communities of color. Through a commitment to educational and cultural enrichment, the fraternity engages its members in various activities that promote personal and professional development. By offering networking opportunities, training, and resources, it prepares its brothers for future leadership roles and professional advancement.
The fraternity's initiatives extend beyond its membership; it actively conducts programs that serve the broader community, creating a positive influence and promoting social responsibility. This engagement not only enhances the lives of its members but also contributes to the socio-economic uplift of the communities they serve, reinforcing ideals of citizenship and community service. Through its efforts, Iota Phi Theta plays a vital role in shaping leaders who are dedicated to making a difference in society.
This information is meant to be a general summary of Iota Phi Theta 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 2022.
- Program Service Revenue: $706,798
- Gross Receipts: $1,006,079
Assets and Liabilities:
- Total Assets: $555,934
- Total Liabilities: $68,581
- Net Assets: $487,353
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Chapter Dues
Revenue
$77,590
Intake Fees
Revenue
$184,300
National Events
Revenue
$120,706
Sales
Revenue
$99,290
Vendor Licensing Fees
Revenue
$220,838
Organization Details
Founding Year
1968
Phone
(443) 438-5691Principal Officer
Myron Covington
Main Address
1600 N Calvert Street, Baltimore, MD, 21202
Website
www.iotaphitheta.orgNTEE Category
Code: B83 - Education
If you are a representative of Iota Phi Theta Fraternity Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.