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Gamma Upsilon Alumni Corporation

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

EIN: 260731777 ✦ Park ridge, IL ✦ Designated as a 501(c)(7)

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Overview

What is Gamma Upsilon Alumni Corporation?

Gamma Upsilon Alumni Corporation is a nonprofit organization primarily focused on managing and enhancing the chapter house facility located at 1308 W. Fredonia, Peoria, IL 61606, on behalf of Theta Chi Fraternity's undergraduate chapter situated in Indianapolis, IN. Their main tasks include collecting rent and overseeing the chapter house in Peoria. This nonprofit's mission is to ensure the well-being and functionality of the facility, providing a suitable environment for the fraternity's undergraduate members.


Official website here: www.buox.org

Is Gamma Upsilon Alumni Corporation legitimate?

Gamma Upsilon Alumni Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Gamma Upsilon Alumni Corporation 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.


Official website here: www.buox.org

What is the mission statement of Gamma Upsilon Alumni Corporation?

The Gamma Upsilon Alumni Corporation's primary role is to oversee and enhance the chapter house facility for a national social fraternity, specifically Theta Chi Fraternity. Their mission is primarily focused on managing the property located at 1308 W. Fredonia, Peoria, IL, by collecting rents and ensuring its upkeep. The corporation's goal is to support the undergraduate chapter of the fraternity, contributing to their overall experience. However, the mission statement does not explicitly mention any broader objectives or societal contributions beyond the management of the chapter house.


Official website here: www.buox.org

Who is the CEO of Gamma Upsilon Alumni Corporation?

Martin Deering is the President of Gamma Upsilon Alumni Corporation.


Official website here: www.buox.org

What is the revenue of Gamma Upsilon Alumni Corporation?

Gamma Upsilon Alumni Corporation's revenue in 2022 was $43,127.


Official website here: www.buox.org

Who are the executives of Gamma Upsilon Alumni Corporation and what are their salaries?


Here are 8 key members and their salaries:


Michael A Scheve (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Deering (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Albrecht (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Phelps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Rodgers (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Lombard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyrone Simth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Kirchhoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.buox.org

Where can I find the form 990EZ for Gamma Upsilon Alumni Corporation?

Gamma Upsilon Alumni Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.buox.org

Learn more at the official website: www.buox.org

Mission Statement of Gamma Upsilon Alumni Corporation

Gamma Upsilon Alumni Corporation is committed to managing and enhancing the chapter house facility for the undergraduate chapter of the Theta Chi Fraternity. Their primary objective is to maintain the property located at 1308 W. Fredonia, Peoria, IL 61606, ensuring it serves as an appropriate home for the fraternity members. The corporation's role involves collecting rents and overseeing the day-to-day operations of the chapter house. This responsibility not only ensures the well-being of the fraternity but also contributes to preserving the legacy and tradition of the Theta Chi Fraternity. By effectively managing the chapter house, Gamma Upsilon Alumni Corporation supports the undergraduate chapter in fostering a conducive environment for their fraternal activities.

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Impact




October, 2024

Gamma Upsilon Alumni Corporation has a significant impact on the community by actively focusing on the management and enhancement of the chapter house facility for the undergraduate chapter of the Theta Chi Fraternity in Peoria, Illinois. By overseeing the property at 1308 W. Fredonia, the organization ensures a safe, functional, and supportive environment for fraternity members. This not only facilitates their living arrangements but also fosters a sense of brotherhood and educational engagement among the members.

Moreover, by collecting rents and efficiently managing the chapter house, Gamma Upsilon Alumni Corporation contributes to the financial stability of the fraternity, allowing it to allocate resources towards educational and developmental programs. The corporation's emphasis on improving the physical space ultimately enhances the overall experience for current and future fraternity members, reinforcing the fraternity's mission of brotherhood, leadership, and personal development. In doing so, it plays an essential role in shaping the aspirations and values of young men in the Peoria area, impacting their educational journeys and personal growth.




This information is meant to be a general summary of Gamma Upsilon Alumni 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.

Revenue
$43,127 (2022)
Expenses
$45,073 (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: $41,685
  • Gross Receipts: $43,127

Assets and Liabilities:

  • Total Assets: $352,059
  • Total Liabilities: $1,700
  • Net Assets: $350,359

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Organization Details

Principal Officer

Martin Deering

Main Address

805 W TOUHY AVE, PARK RIDGE, IL, 60068

NTEE Category

Code: B84 - Education

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