Florida Beta Student Aid Fund

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

EIN: 237366820 ✦ Gainesville, FL ✦ Designated as a 501(c)(2)

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Overview

What is Florida Beta Student Aid Fund?

The Florida Beta Student Aid Fund is a nonprofit organization situated in Gainesville, Florida. With a modest workforce of four individuals, its primary mission is to provide housing and meals for around 170 members. Serving as the proprietor of the Gamma XI Chapter of Beta Theta Pi's fraternity house at the University of Florida, the Florida Beta Student Aid Fund plays a significant role in supporting the living and academic needs of its members.

Is Florida Beta Student Aid Fund legitimate?

Florida Beta Student Aid Fund is a legitimate nonprofit organization registered as a 501(c)(2) entity. Florida Beta Student Aid Fund 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: $13,536
Other Salaries and Wages: $149,362

For more financial information, click here

What is the mission statement of Florida Beta Student Aid Fund?

The Florida Beta Student Aid Fund serves a specific purpose by managing and maintaining the fraternity house for the Gamma XI Chapter of Beta Theta Pi at the University of Florida. Its primary objective is to provide suitable housing and meals for around 170 fraternity members. The fund's role is instrumental in ensuring the comfort and well-being of these students, fostering a sense of community within the fraternity. While its mission is primarily focused on providing housing and meals, it also plays a role in supporting the overall experiences and growth of the fraternity members.

What is the revenue of Florida Beta Student Aid Fund?

Florida Beta Student Aid Fund's revenue in 2024 was $808,839.

Who are the executives of Florida Beta Student Aid Fund and what are their salaries?

The average compensation at Florida Beta Student Aid Fund during 2024 was $29,872. There are 5 employees and 11 volunteers at Florida Beta Student Aid Fund.

Here are 11 key members and their salaries:


Michael Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Talbot (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Farmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ramos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Becker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Fortune (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Silvola-Finch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Fowle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Webermeier (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter Mctaggart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Ciano (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Florida Beta Student Aid Fund?

Florida Beta Student Aid Fund's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Florida Beta Student Aid Fund

Florida Beta Student Aid Fund, as an organization, is dedicated to managing and maintaining the fraternity house for the Gamma XI Chapter of Beta Theta Pi at the University of Florida. Its primary mission is to provide suitable housing and meals for around 170 fraternity members, ensuring a comfortable living space for them during their university years. The fund's role is instrumental in supporting the chapter's activities and fostering a sense of community among its members. By taking care of the fraternity house, Florida Beta Student Aid Fund plays a crucial part in enhancing the overall college experience for these students.

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Impact




October, 2024

The Florida Beta Student Aid Fund significantly impacts its community by providing essential housing and meals for around 170 members of the Gamma XI Chapter of Beta Theta Pi at the University of Florida. This support creates a stable and nurturing environment conducive to academic success and personal development. By facilitating a strong sense of community among members, the organization fosters lasting friendships and networks that extend beyond college. The fraternity house serves not only as a residence but also as a hub for social engagement and leadership development, enhancing the overall collegiate experience. Through its dedicated operations, the fund contributes to the broader community improvement by cultivating responsible and engaged citizens who will positively influence society.




This information is meant to be a general summary of Florida Beta Student Aid Fund. 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
$808,839 (2024)
Expenses
$872,991 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $808,839
  • Gross Receipts: $808,839

Assets and Liabilities:

  • Total Assets: $2,729,606
  • Total Liabilities: $988,496
  • Net Assets: $1,741,110

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Programs

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

Rent and Dues

Revenue

$808,839

Organization Details

Founding Year

1971

Principal Officer

Ben Fowle

NTEE Category

Code: S47 - Community improvement

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