Overview
What is Home Association Of Ny Beta Phi Kappa?
Home Association of NY Beta Phi Kappa is a title holding corporation established for a nonprofit fraternity. Situated in Syracuse, New York, this organization provides living spaces for its fraternity brothers. Any excess income generated from the room rentals is then channeled back into the fraternity's activities. Essentially, Home Association of NY Beta Phi Kappa serves as a financial management entity for the not-for-profit fraternity, ensuring the smooth operation and sustainability of its operations.
Is Home Association Of Ny Beta Phi Kappa legitimate?
Home Association Of Ny Beta Phi Kappa is a legitimate nonprofit organization registered as a 501(c)(2) entity. Home Association Of Ny Beta Phi Kappa 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 Home Association Of Ny Beta Phi Kappa?
The Home Association of Ny Beta Phi Kappa serves as a title holding company for a non-profit fraternity. Its primary mission is to provide accommodations for fraternity brothers, utilizing the income generated from room rentals. Any surplus earnings are then transferred to benefit the fraternity itself. This organization acts as a corporate entity, providing a space for fraternity members while supporting their community.
Who is the CEO of Home Association Of Ny Beta Phi Kappa?
Dylan Smith is the President of Home Association Of Ny Beta Phi Kappa.
What is the revenue of Home Association Of Ny Beta Phi Kappa?
Home Association Of Ny Beta Phi Kappa's revenue in 2022 was $214,510.
Who are the executives of Home Association Of Ny Beta Phi Kappa and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Home Association Of Ny Beta Phi Kappa?
Home Association Of Ny Beta Phi Kappa's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Home Association Of Ny Beta Phi Kappa
Home Association of Ny Beta Phi Kappa serves as a title-holding corporation for a not-for-profit fraternity. Its primary purpose is to provide living quarters for fraternity brothers. Any excess income generated from the rental of these rooms is then transferred to the fraternity itself. In essence, Home Association of Ny Beta Phi Kappa acts as a financial and housing facilitator for its affiliated fraternity, ensuring that its members have a suitable place to reside and that any surplus funds are utilized for the fraternity's benefit.
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Impact
October, 2024
Home Association Of NY Beta Phi Kappa plays a significant role in supporting the fraternity community in Syracuse, NY. By providing housing accommodations for fraternity brothers, the organization facilitates a sense of community and brotherhood among its members. The rooms it offers serve as a vital space for social interaction, networking, and the development of lifelong friendships.
Any surplus income generated from the room rentals is reinvested into the fraternity, enhancing educational and extracurricular opportunities for its members. This financial support helps sustain activities that foster personal and professional growth, aligning with the organization’s commitment to education. Overall, Home Association Of NY Beta Phi Kappa not only addresses the immediate housing needs of fraternity brothers but also contributes to their long-term development and success within and beyond the fraternity experience.
This information is meant to be a general summary of Home Association Of Ny Beta Phi Kappa. 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 2022.
- Program Service Revenue: $214,510
- Gross Receipts: $214,510
Assets and Liabilities:
- Total Assets: $559,212
- Total Liabilities: $651,992
- Net Assets: -$92,780
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOARD RENTAL
Revenue
$214,510
Organization Details
Principal Officer
Dylan Smith
Main Address
PO BOX 15115, SYRACUSE, NY, 13215
NTEE Category
Code: B83I - Education
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