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Kappa Alpha Theta Fraternity Housing Corporation

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

EIN: 261430902 ✦ Indianapolis, IN ✦ Designated as a 501(c)(7)

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Overview

What is Kappa Alpha Theta Fraternity Housing Corporation?

Kappa Alpha Theta Fraternity Housing Corporation is a nonprofit organization based in Indianapolis, Indiana, with a workforce of 248 employees. Their primary mission revolves around managing housing and operations for various college campuses, as well as overseeing the administration of local housing corporations for the Kappa Alpha Theta Fraternity. They hold title to or rent real and personal property for the use of college chapters of the fraternity, benefiting its members by providing housing and meeting spaces.

What are the reviews and ratings of this charity?

The Kappa Alpha Theta Fraternity Housing Corporation is currently not rated by Charity Navigator. This lack of rating does not imply a positive or negative evaluation; it simply indicates that the organization has not yet been assessed under Charity Navigator's criteria. The evaluation is limited as the organization is not classified under the 501(c)(3) IRS status, which is a requirement for Charity Navigator's evaluation processes.

Charity Navigator's previous evaluations mainly focused on Accountability and Finance scores, but this organization has no available data in areas such as revenue, expenses, and key person salary. Consequently, it's excluded from some of the newer evaluation methodologies concerning Leadership & Adaptability, Culture & Community, and Impact & Measurement due to its IRS classification.

There are no user reviews for Kappa Alpha Theta Fraternity Housing Corporation on GreatNonprofits. As such, public sentiment and community feedback on the organization's performance or impact are not readily available.


This AI summary has been generated from information found on Charity Navigator.

Is Kappa Alpha Theta Fraternity Housing Corporation legitimate?

Kappa Alpha Theta Fraternity Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Kappa Alpha Theta Fraternity Housing 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:

Executive Compensation: $115,768
Professional Fundraising Fees: $39,149
Other Salaries and Wages: $1,883,722

For more financial information, click here

What is the mission statement of Kappa Alpha Theta Fraternity Housing Corporation?

The Kappa Alpha Theta Fraternity Housing Corporation is dedicated to managing real and personal property for the use of housing and meetings by college chapters of Kappa Alpha Theta Fraternity, Inc. This mission is aimed at benefiting the fraternity's members. The organization plays a significant role in administering housing and operations at various college campuses, as well as overseeing the administration of local housing corporations at these campuses.

Who is the CEO of Kappa Alpha Theta Fraternity Housing Corporation?

Jeffrey Risser is the Chief Financial Officer of Kappa Alpha Theta Fraternity Housing Corporation.

What is the revenue of Kappa Alpha Theta Fraternity Housing Corporation?

Kappa Alpha Theta Fraternity Housing Corporation's revenue in 2022 was $20,546,319.

Who are the executives of Kappa Alpha Theta Fraternity Housing Corporation and what are their salaries?

The average compensation at Kappa Alpha Theta Fraternity Housing Corporation during 2022 was $8,062. There are 248 employees and 5 volunteers at Kappa Alpha Theta Fraternity Housing Corporation.


Here are 7 key members and their salaries:


Leah A Hartman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Corridan (Vice President/Secretary)
  • Compensation: $0
  • Related: $227,126
  • Other: $39,163
Catherine Kellie Dickerson (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Smith (Executive Director)
  • Compensation: $0
  • Related: $100,945
  • Other: $16,441
Erica Ochs (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jane Beach (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Risser (Chief Financial Officer)
  • Compensation: $0
  • Related: $153,985
  • Other: $18,434
Where can I find the form 990 for Kappa Alpha Theta Fraternity Housing Corporation?

Kappa Alpha Theta Fraternity Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kappa Alpha Theta Fraternity Housing Corporation

Kappa Alpha Theta Fraternity Housing Corporation, often referred to as the housing arm of Kappa Alpha Theta Fraternity, Inc., is dedicated to managing and renting real and personal property for the benefit of its college chapters. This corporation plays a crucial role in providing housing and meeting spaces for the fraternity's members, ensuring their comfort and convenience during their academic pursuits.

By holding title to or renting properties, Kappa Alpha Theta Fraternity Housing Corporation enables the college chapters of Kappa Alpha Theta Fraternity, Inc. to focus on their core mission and activities. The corporation assumes the administrative responsibilities of housing and operations, allowing the fraternity members to fully engage in their academic and extracurricular endeavors.

The organization's commitment to supporting its affiliated fraternity chapters extends beyond simply providing housing. Kappa Alpha Theta Fraternity Housing Corporation also oversees the administration of local housing corporations at various college campuses. This comprehensive approach ensures that the fraternity's members have access to well-managed and suitable living arrangements. With its unwavering dedication to serving the needs of Kappa Alpha Theta Fraternity, Inc., the housing corporation fosters a sense of community and belonging among its members.

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Impact




October, 2024

Kappa Alpha Theta Fraternity Housing Corporation plays a pivotal role in supporting the living and meeting arrangements for the college chapters of Kappa Alpha Theta Fraternity. By holding title to or renting properties specifically designated for housing and meeting purposes, the organization ensures that members have a dedicated space that fosters connection, education, and personal growth.

Operating across various college campuses, the corporation not only manages these properties but also oversees the administration of local housing corporations, thereby streamlining the housing process for chapters. This infrastructure enhances the collegiate experience for fraternity members, creating environments that encourage collaboration, leadership development, and lifelong friendships.

Ultimately, the efforts of Kappa Alpha Theta Fraternity Housing Corporation significantly impact the fraternity's mission, supporting members in their academic and social endeavors and contributing to the overall strength and vitality of the organization.




This information is meant to be a general summary of Kappa Alpha Theta Fraternity Housing 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
$20,546,319 (2022)
Expenses
$22,947,962 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,839
  • Program Service Revenue: $19,921,991
  • Gross Receipts: $21,572,881

Assets and Liabilities:

  • Total Assets: $75,225,984
  • Total Liabilities: $51,330,497
  • Net Assets: $23,895,487

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Programs

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

HOUSING FEES

Revenue

$18,430,007

HOUSE CORP PROGRAM FEES

Revenue

$1,306,564

RENTAL INCOME FROM AFFILIATES

Revenue

$185,420

Organization Details

Founding Year

2007

Principal Officer

Jeffrey Risser

Main Address

8740 FOUNDERS ROAD, INDIANAPOLIS, IN, 46268

NTEE Category

Code: B83 - Education

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