Arete Housing Corporation

Arete Housing Corporation

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

EIN: 237127762 ✦ Boca raton, FL ✦ Designated as a 501(c)(7)

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Overview

What is Arete Housing Corporation?

Arete Housing Corporation is a nonprofit organization established in Boca Raton, Florida. Its primary mission is to offer housing for students affiliated with Phi Delta Theta fraternity. By providing suitable living spaces and recreational facilities, the organization has successfully fulfilled its purpose. The operations required to maintain this program involve specific expenses, as outlined in the information provided.

Is Arete Housing Corporation legitimate?

Arete Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Arete Housing 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 Arete Housing Corporation?

The mission of Arete Housing Corporation is centered around providing housing for students who are members of Phi Delta Theta Fraternity. This organization successfully accomplished its goal of offering housing and recreational facilities to its targeted demographic. The corporation's main objective is to cater to the housing needs of these students, ensuring they have a suitable living environment during their academic journey.

Who is the CEO of Arete Housing Corporation?

Mike Fimiani is the President of Arete Housing Corporation.

What is the revenue of Arete Housing Corporation?

Arete Housing Corporation's revenue in 2022 was $102,415.

Who are the executives of Arete Housing Corporation and what are their salaries?


Here are 4 key members and their salaries:


Chad Kelly (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Nelis (Secratary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Fimiani (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Garry (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Arete Housing Corporation?

Arete Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Arete Housing Corporation

Arete Housing Corporation, a nonprofit organization, is committed to providing housing for students who are members of Phi Delta Theta fraternity. Their mission is centered around fulfilling the needs of these students by not only offering them a place to live but also incorporating recreational facilities within their provision. This mission has been successfully executed, ensuring that the housing and recreational needs of the Phi Delta Theta fraternity members are met.

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Impact




October, 2024

Arete Housing Corporation significantly impacts the lives of students who are members of the Phi Delta Theta fraternity by providing essential housing and recreational facilities. Located in Boca Raton, Florida, the organization ensures that these students have a supportive and conducive living environment that fosters their personal and academic development.

By facilitating access to reliable housing, Arete Housing Corporation creates a sense of community and brotherhood among fraternity members, which is crucial for their social and educational experiences. The recreational facilities further enhance their college life, promoting camaraderie, teamwork, and healthy living. Overall, Arete Housing Corporation plays a vital role in nurturing the student experience by combining essential services with a focus on education and personal growth.




This information is meant to be a general summary of Arete Housing 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
$102,415 (2022)
Expenses
$105,228 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $102,415

Assets and Liabilities:

  • Total Assets: $187,674
  • Total Liabilities: $79,688
  • Net Assets: $107,986

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Programs

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

13717 N 42ND ST TAMPA
INTEREST INCOME
FUND RAISING

Organization Details

Founding Year

1989

Principal Officer

Mike Fimiani

Main Address

5301 N FEDERAL HWY SUITE 350, BOCA RATON, FL, 33487

NTEE Category

Code: B83 - Education

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