Iota Delta Of Pi Kappa Alpha Housing Corporation

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

EIN: 311254678 ✦ Columbus, IN ✦ Designated as a 501(c)(7)

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Overview

What is Iota Delta Of Pi Kappa Alpha Housing Corporation?

Iota Delta Of Pi Kappa Alpha Housing Corporation is a nonprofit organization dedicated to managing and holding mortgage responsibilities for the buildings used by the Iota Delta Chapter of Pi Kappa Alpha Fraternity. Their primary functions involve overseeing various improvement expenses, which are essential for maintaining the quality of the buildings. Their operational costs include legal fees, insurance, telephone, water, sewer, gas, and electric bills, totaling approximately $78,791.37. The organization's mission exemplifies a commitment to supporting the Pi Kappa Alpha Fraternity, ensuring the chapter has suitable facilities for its activities.

Is Iota Delta Of Pi Kappa Alpha Housing Corporation legitimate?

Iota Delta Of Pi Kappa Alpha Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Iota Delta Of Pi Kappa Alpha 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Iota Delta Of Pi Kappa Alpha Housing Corporation?

Iota Delta Of Pi Kappa Alpha Housing Corporation is responsible for the management and mortgage obligations of the buildings used by the Iota Delta Chapter of Pi Kappa Alpha Fraternity. Their primary objective is to maintain these facilities efficiently. Their activities involve allocating funds for improvements, managing various expenses such as legal fees, insurance costs, telephone bills, water fees, sewer expenses, gas charges, and electric bills. The corporation's mission can be understood as ensuring the suitable upkeep and financial management of the properties serving the Iota Delta Chapter of Pi Kappa Alpha Fraternity.

Who is the CEO of Iota Delta Of Pi Kappa Alpha Housing Corporation?

Eric Schue is the President of Iota Delta Of Pi Kappa Alpha Housing Corporation.

What is the revenue of Iota Delta Of Pi Kappa Alpha Housing Corporation?

Iota Delta Of Pi Kappa Alpha Housing Corporation's revenue in 2023 was $232,180.

Who are the executives of Iota Delta Of Pi Kappa Alpha Housing Corporation and what are their salaries?

There 4 volunteers at Iota Delta Of Pi Kappa Alpha Housing Corporation.


Here are 4 key members and their salaries:


Mike Cirocco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Bochnowski (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Schue (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Kellerman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iota Delta Of Pi Kappa Alpha Housing Corporation?

Iota Delta Of Pi Kappa Alpha Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Iota Delta Of Pi Kappa Alpha Housing Corporation

Iota Delta of Pi Kappa Alpha Housing Corporation is committed to managing and maintaining mortgage responsibilities for the buildings used by the Iota Delta Chapter of Pi Kappa Alpha Fraternity. This organization ensures the upkeep and operation of these facilities, overseeing various expenses associated with their maintenance. Their duties encompass a range of improvement expenses, as well as managing legal, insurance, telephone, water, sewer, gas, and electric bills. By performing these tasks, Iota Delta of Pi Kappa Alpha Housing Corporation plays a vital role in supporting the activities of the Iota Delta Chapter of Pi Kappa Alpha Fraternity within their buildings.

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Impact




October, 2024

Iota Delta of Pi Kappa Alpha Housing Corporation plays a crucial role in maintaining and overseeing the facilities used by the Iota Delta Chapter of the Pi Kappa Alpha Fraternity. By managing the buildings and holding mortgage responsibilities, the corporation ensures that the physical space is conducive to the chapter's activities and objectives.

The corporation's financial management reflects a commitment to maintaining a safe and functional environment for its members. With expenses dedicated to utilities such as electricity, gas, water, and sewer services, the organization provides essential amenities that support daily activities and events. The investment of over $32,000 in electricity alone underscores its focus on creating a comfortable and functional living and meeting space.

Additionally, the corporation’s financial stewardship ensures that the Iota Delta Chapter can operate without the burden of unmanageable financial pressures, allowing for a focus on education, community engagement, and personal development. By remaining transparent in their financial obligations, such as a notable absence of legal expenses, the organization fosters trust within the fraternity and its members.

Overall, the impact of Iota Delta of Pi Kappa Alpha Housing Corporation extends beyond mere building management; it enhances the educational and social experiences of its members, promoting a sense of community and stability essential for growth and development within the fraternity.




This information is meant to be a general summary of Iota Delta Of Pi Kappa Alpha 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
$232,180 (2023)
Expenses
$288,624 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $373
  • Program Service Revenue: $223,825
  • Gross Receipts: $232,180

Assets and Liabilities:

  • Total Assets: $1,911,799
  • Total Liabilities: $298,915
  • Net Assets: $1,612,884

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Programs

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

Rent

Revenue

$137,714

Utilities

Revenue

$74,117

Supplies

Revenue

$11,994

Organization Details

Founding Year

1987

Principal Officer

Eric Schue

Main Address

3626 W South Wood Lake Dr, Columbus, IN, 47201

NTEE Category

Code: B83 - Education

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