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Beta Theta Pi House Of Wvu Inc

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

EIN: 237148403 ✦ Morgantown, WV ✦ Designated as a 501(c)(2)

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Overview

What is Beta Theta Pi House Of Wvu Inc?

Beta Theta Pi House of WVU is a nonprofit organization that undergoes depreciation and amortization expenses as per the document 4562, with an annual depreciation of $17,320 and amortization of $465. The organization is responsible for a mortgage interest of $46,966, building repairs costing $19,166, property insurance amounting to $10,769, and miscellaneous expenses totaling $111. The operational expenses also include $5,023 for janitorial services and $72 in bank charges. However, the information does not provide details about the organization's primary mission or activities.

Is Beta Theta Pi House Of Wvu Inc legitimate?

Beta Theta Pi House Of Wvu Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Beta Theta Pi House Of Wvu Inc submitted a form 990EZ, 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.

What is the mission statement of Beta Theta Pi House Of Wvu Inc?

The Beta Theta Pi House of WVU, as per the provided information, does not appear to have a stated mission statement. Instead, the data provided primarily details financial aspects such as depreciation, mortgage interest, and various expenses. These include building repairs, property insurance, miscellaneous costs, janitorial services, and bank charges. It's unclear from this data if the organization has a mission beyond managing its financial responsibilities.

Who is the CEO of Beta Theta Pi House Of Wvu Inc?

David Jacobs is the President of Beta Theta Pi House Of Wvu Inc.

What is the revenue of Beta Theta Pi House Of Wvu Inc?

Beta Theta Pi House Of Wvu Inc's revenue in 2022 was $107,398.

Who are the executives of Beta Theta Pi House Of Wvu Inc and what are their salaries?


Here are 3 key members and their salaries:


David Jacobs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Fisher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Beta Theta Pi House Of Wvu Inc?

Beta Theta Pi House Of Wvu Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Beta Theta Pi House Of Wvu Inc

Beta Theta Pi House of WVU, as mentioned in the provided information, does not explicitly state a mission or activity description. However, the data provided gives an insight into the financial aspects of the organization. According to the data, Beta Theta Pi House of WVU incurs various expenses such as mortgage interest, building repairs, property insurance, miscellaneous costs, janitorial services, and bank charges. Although these expenses are not indicative of the organization's mission, they suggest that Beta Theta Pi House of WVU is responsible for maintaining a physical property, likely a house or a building, which it depreciates and amortizes according to specific financial guidelines. The organization's activities seem to be primarily focused on managing and maintaining this property.

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Impact




October, 2024

Beta Theta Pi House of WVU Inc significantly contributes to the community through its operational activities and upkeep of the house that serves its members. The organization invests in building repairs, with costs amounting to $19,166, ensuring that the living environment remains safe and welcoming for students. Additionally, it allocates funds for property insurance, which amounts to $10,769, protecting the premises and providing peace of mind for residents and stakeholders alike.

The organization also supports local services with expenditure on janitorial services at $5,023, ensuring cleanliness and hygiene, which is vital for communal living spaces. The regular costs associated with mortgage interest, totaling $46,966, reflect a commitment to maintaining a stable financial foundation for the house.

Moreover, miscellaneous costs and bank charges, though minor, represent thoughtful management of resources, helping the organization maintain its operational efficiency. Overall, Beta Theta Pi House of WVU Inc plays a crucial role in fostering a supportive community environment that encourages student engagement, development, and well-being.




This information is meant to be a general summary of Beta Theta Pi House Of Wvu 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.

Revenue
$107,398 (2022)
Expenses
$116,630 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Program Service Revenue: $103,491
  • Gross Receipts: $107,398

Assets and Liabilities:

  • Total Assets: $330,669
  • Total Liabilities: $759,443
  • Net Assets: -$428,774

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Organization Details

Principal Officer

David Jacobs

Main Address

PO BOX 462, MORGANTOWN, WV, 26507

NTEE Category

Code: S47 - Community improvement

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