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Beta Nu House Corporation

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

EIN: 237046612 ✦ Boston, MA ✦ Designated as a 501(c)(2)

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Overview

What is Beta Nu House Corporation?

Beta Nu House Corporation is a nonprofit organization situated at 65 Brighton Avenue, Boston, Massachusetts 02134. Its primary mission is to support the undergraduate chapter of Delta Tau Delta at the Massachusetts Institute of Technology (MIT). They achieve this by collecting donations from fellow alumni and renting out spaces to undergraduate students. The collected funds are then utilized to cover various expenses, including insurance, property taxes, inspections, and capital improvements to ensure the house remains in good condition. The organization plays a crucial role in providing a home base for the Delta Tau Delta chapter at MIT.

Is Beta Nu House Corporation legitimate?

Beta Nu House Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Beta Nu 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: $0

For more financial information, click here

What is the mission statement of Beta Nu House Corporation?

Beta Nu House Corporation serves a crucial role by maintaining a residence for the undergraduate chapter of Delta Tau Delta at MIT. They gather contributions from supportive alumni and generate income through rent payments from undergraduate students. The primary objective of these funds is to cover essential expenses such as insurance, property taxes, inspections, and capital improvements, ensuring the house remains in good condition and provides a safe living environment for the members. The corporation's mission can be summarized as supporting the undergraduate chapter of Delta Tau Delta at MIT by managing their house and ensuring its upkeep through financial contributions.

Who is the CEO of Beta Nu House Corporation?

Alex Pina is the President of Beta Nu House Corporation.

What is the revenue of Beta Nu House Corporation?

Beta Nu House Corporation's revenue in 2022 was -$432,636.

Who are the executives of Beta Nu House Corporation and what are their salaries?


Here are 9 key members and their salaries:


Michael Bickers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Clayton (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Hochstadt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Pina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Powers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Rudoltz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Santullo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Shields (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl Walton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Beta Nu House Corporation?

Beta Nu House Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Beta Nu House Corporation

Beta Nu House Corporation, a non-profit organization, is dedicated to supporting the undergraduate chapter of Delta Tau Delta at the Massachusetts Institute of Technology (MIT). Their mission involves collecting donations from fellow alumni and renting from undergraduate students. These funds are then utilized to cover various expenses, such as insurance, property taxes, inspections, and capital improvements, ensuring the upkeep and maintenance of the house. The organization's primary objective is to provide a suitable living space for the Delta Tau Delta chapter at MIT, thereby contributing to the overall college experience of its members.

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Impact




October, 2024

Beta Nu House Corporation plays a crucial role in providing a stable and supportive living environment for the undergraduate chapter of Delta Tau Delta at MIT. By maintaining the chapter house, the organization ensures that students have a safe and conducive space for personal and academic growth. The financial support generated through donations from alumni and rent collected from undergraduates is vital for covering essential expenses such as insurance, property taxes, inspections, and capital improvements.

This commitment to maintaining the chapter house not only preserves a historical and cultural touchstone for the fraternity but also fosters a sense of community among current students. The house serves as a gathering place for social and educational activities, promoting camaraderie and collaboration among members. Furthermore, by investing in capital improvements, Beta Nu House Corporation enhances the living conditions, ensuring that the facility meets the evolving needs of its residents.

In summary, Beta Nu House Corporation’s impact extends beyond mere property maintenance— it cultivates a thriving environment for leadership development, academic achievement, and lifelong friendships among MIT students involved in Delta Tau Delta.




This information is meant to be a general summary of Beta Nu 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
-$432,636 (2022)
201120122013201420152016201720182019202020212022$-600k$0$600k$1.2M$1.8M
Expenses
$0 (2022)
201120122013201420152016201720182019202020212022$0$1,500$3,000$4,500$6,000
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $44
  • Gross Receipts: $231,321

Assets and Liabilities:

  • Total Assets: $10,507,940
  • Total Liabilities: $5,603,835
  • Net Assets: $4,904,105

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Organization Details

Principal Officer

Alex Pina

Main Address

65 BRIGHTON AVENUE, BOSTON, MA, 02134

NTEE Category

Code: B83Z - Education

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