Overview
What is Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc?
Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc is a title-holding organization, established as a nonprofit entity, situated in Apollo Beach, Florida. The main purpose of this corporation is to provide dormitory-style housing for approximately 22 student members of the Delta Chi Fraternity while they pursue their education at Embry-Riddle Aeronautical University. The fraternity house is utilized by the entire fraternity membership, which comprises over 60 students. In 2016/2017, the construction of a new fraternity house was initiated. Funding for this project was sourced from a national fundraising campaign and a mortgage loan. The corporation's operations are supported by unit rentals and an educational foundation, which contribute to covering the costs associated with building occupancy and debt service.
Is Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc legitimate?
Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc 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: $1,106
Other Salaries and Wages: $26,283
For more financial information, click here
What is the mission statement of Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc?
The Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc serves as a title-holding entity for an exempt college fraternity, providing housing for its student members attending Embry-Riddle Aeronautical University. Its primary mission is to offer dormitory-style accommodation for approximately 22 fraternity members during their university tenure. The fraternity house is also utilized by the entire fraternity membership, which comprises over 60 students. In the past, the construction of a new fraternity house was undertaken through a national fundraising campaign and mortgage loan. The corporation relies on funding sources such as unit rentals and the Educational Foundation to cover the costs associated with building occupancy and debt service.
Who is the CEO of Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc?
Kenneth Mccoig is the CEO of Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc The CEO's salary of Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc is $0 and their total compensation is $0.
What is the revenue of Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc?
Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc's revenue in 2023 was $269,138.
Who are the executives of Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc and what are their salaries?
The average compensation at Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc during 2023 was $26,283. There is 1 employee and 100 volunteers at Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc.
Here are 7 key members and their salaries (Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc?
Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc
Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc serves as a title-holding corporation for an exempt organization fraternity that offers housing to student fraternity members attending Embry-Riddle Aeronautical University. Its primary mission is to provide dormitory-style living quarters for 22 fraternity members during their academic tenure at the university. The fraternity house caters to the entire membership, which comprises over 60 students.
In 2016/2017, the organization underwent construction to build a new fraternity house. This project was funded through a national fund-raising campaign and a mortgage loan. The corporation relies on two primary sources for financing: unit rentals and an Educational Foundation. These sources cover both the operational costs associated with occupancy and debt service.
In essence, Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation Inc's mission is to ensure that student fraternity members have a suitable living space while they pursue their education at Embry-Riddle Aeronautical University. The organization achieves this goal by offering dormitory-style housing and managing its finances effectively through unit rentals and the Educational Foundation.
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Impact
October, 2024
The Embry-Riddle Chapter of Delta Chi Fraternity Building Corporation Inc significantly impacts the student community at Embry-Riddle Aeronautical University by providing essential housing for its fraternity members. This organization facilitates dormitory-style living for 22 students, enhancing their college experience and fostering a sense of community among the members.
The recently constructed fraternity house, funded through a national fundraising campaign and mortgage loans, serves as a focal point for over 60 fraternity members, promoting collaboration, leadership, and social engagement. This communal living environment not only provides a roof over the students' heads but also encourages academic success and personal development through shared experiences and networking opportunities.
Moreover, the corporation supports financial sustainability through unit rentals and contributions from the Educational Foundation, ensuring that housing remains accessible and well-maintained for current and future members. By focusing on the needs of its members, the organization plays a crucial role in their academic journey and overall well-being, reinforcing the values of brotherhood and support integral to the fraternity's mission.
This information is meant to be a general summary of Embry-Riddle Chapter Of Delta Chi Fraternity Building Corporation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $40,920
- Program Service Revenue: $163,515
- Gross Receipts: $269,138
Assets and Liabilities:
- Total Assets: $1,815,172
- Total Liabilities: $1,031,728
- Net Assets: $783,444
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fraternity House Rents
Revenue
$163,515
Organization Details
Founding Year
1975
Principal Officer
Christian Wilder
NTEE Category
Code: S47 - Community improvement
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