Overview
What is Alpha Nu House Corporation?
Alpha Nu House Corporation is a nonprofit entity, situated in Austin, Texas, with a postal address at PO Box 201225. Its primary mission is to own and manage real property, which is then rented out to a tax-exempt organization, in this case, the Alpha Nu Chapter of Sigma Chi Fraternity, located at the University of Texas at Austin. The organization's activities are focused on providing rental services, contributing to the fraternity's operations and providing a space for its members.
Is Alpha Nu House Corporation legitimate?
Alpha Nu House Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Alpha 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:
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Professional Fundraising Fees: $11,020
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What is the mission statement of Alpha Nu House Corporation?
Alpha Nu House Corporation's primary role is to manage real estate property, specifically renting it out to a tax-exempt organization under Section 501(C)(7) of the Internal Revenue Code. At present, this property is leased to the Alpha Nu Chapter, a part of the Sigma Chi Fraternity, located at the University of Texas at Austin. The corporation's mission is essentially to provide suitable living spaces for this tax-exempt organization, thereby supporting its operations. By doing so, Alpha Nu House Corporation contributes to the continued existence and activities of this organization.
Who is the CEO of Alpha Nu House Corporation?
Lucian Morehead is the President of Alpha Nu House Corporation.
What is the revenue of Alpha Nu House Corporation?
Alpha Nu House Corporation's revenue in 2023 was $960,836.
Who are the executives of Alpha Nu House Corporation and what are their salaries?
There 20 volunteers at Alpha Nu House Corporation.
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Where can I find the form 990 for Alpha Nu House Corporation?
Alpha Nu House Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Alpha Nu House Corporation
Alpha Nu House Corporation is an organization dedicated to managing and owning real estate property, with a specific purpose of renting it out to a tax-exempt organization under IRC Section 501(C)(7). In simpler terms, this nonprofit entity is responsible for leasing its property to a qualified organization that falls under the aforementioned section of the Internal Revenue Code. At present, Alpha Nu House Corporation is renting out its property to the Alpha Nu Chapter, a part of the Sigma Chi Fraternity, located at the University of Texas at Austin. The corporation's role primarily includes the management and maintenance of the fraternity house and dormitory units, ensuring a comfortable living environment for its residents.
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Impact
October, 2024
Alpha Nu House Corporation significantly contributes to the local community by providing essential housing for the Alpha Nu Chapter of Sigma Chi Fraternity at the University of Texas at Austin. By owning and managing properties specifically for this organization, Alpha Nu creates a supportive environment for students that fosters camaraderie, leadership, and community engagement. The availability of fraternity house and dorm units not only enhances the student experience but also promotes a sense of belonging among members.
Through its operations, Alpha Nu House Corporation plays a vital role in the university's Greek life, helping students develop lifelong friendships and leadership skills. Additionally, by focusing on community improvement, it strengthens the bonds within the university and the broader Austin area, contributing positively to the local culture and economy. The corporation's work ensures that students have access to safe and conducive living spaces, which is essential for their academic and social development.
This information is meant to be a general summary of Alpha 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $715
- Gross Receipts: $1,427,444
Assets and Liabilities:
- Total Assets: $12,705,586
- Total Liabilities: $10,222,549
- Net Assets: $2,483,037
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Organization Details
Founding Year
1936
Phone
(512) 461-3657Principal Officer
Lucian Morehead
Main Address
PO BOX 201225, AUSTIN, TX, 78720
NTEE Category
Code: S47 - Community improvement
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