Overview
What is Gamma Nu Foundation Incorporated?
Gamma Nu Foundation Incorporated is a nonprofit organization situated in Chapel Hill, North Carolina. Its primary purpose is to serve as a house corporation for a local college fraternity. The organization's activities are centered around maintaining and enhancing the fraternity's house, ensuring it remains in good condition for the use of both current fraternity members and active alumni members. The foundation's mission is deeply rooted in supporting the fraternity's community, focusing on the upkeep and improvements of their shared living space.
Is Gamma Nu Foundation Incorporated legitimate?
Gamma Nu Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(2) entity. Gamma Nu Foundation Incorporated 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
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What is the mission statement of Gamma Nu Foundation Incorporated?
The Gamma Nu Foundation Incorporated serves as the house corporation for a local college fraternity. Its primary focus is on maintaining and enhancing the fraternity's house, ensuring it remains in a suitable condition for both current fraternity members and active alumni members to utilize. The organization's activities primarily revolve around the upkeep and improvements of the house, contributing to a positive living environment for its associated members.
What is the revenue of Gamma Nu Foundation Incorporated?
Gamma Nu Foundation Incorporated's revenue in 2024 was $49,370.
Who are the executives of Gamma Nu Foundation Incorporated and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Gamma Nu Foundation Incorporated?
Gamma Nu Foundation Incorporated's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Gamma Nu Foundation Incorporated
The Gamma Nu Foundation Incorporated serves as a house corporation for a local college fraternity. Its primary mission is focused on maintaining and enhancing the condition of the fraternity house, ensuring it remains suitable for use by its current members and active alumni members. The organization's activities are exclusively geared towards the upkeep and improvements of this residence, providing a conducive environment for the fraternity and its members.
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Impact
October, 2024
Gamma Nu Foundation Incorporated plays a crucial role in enhancing the living environment for fraternity members and alumni at a local college in Chapel Hill, NC. By focusing on the upkeep and improvements of the fraternity house, the foundation ensures a safe, comfortable, and conducive space for community building and personal development.
The organization's activities contribute to the overall quality of life for its members, fostering a sense of belonging and camaraderie. By maintaining and upgrading the house, Gamma Nu Foundation supports the fraternity's mission and values, allowing members to engage in meaningful interactions and activities that strengthen their bonds and promote a positive collegiate experience. Through these efforts, the foundation not only benefits current members but also creates a lasting impact on alumni, encouraging continued involvement and support for future generations. The foundation's dedication to community improvement ultimately enhances the social fabric of the fraternity, promoting a legacy of collaboration, leadership, and responsibility.
This information is meant to be a general summary of Gamma Nu Foundation Incorporated. 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 2024.
- Program Service Revenue: $49,370
- Gross Receipts: $49,370
Assets and Liabilities:
- Total Assets: $816,013
- Total Liabilities: $100,000
- Net Assets: $716,013
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$49,370
Organization Details
Founding Year
1997
Principal Officer
Robert Barbour
NTEE Category
Code: S47 - Community improvement
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