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Phi Mu House Building Corporation

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

EIN: 351189069 ✦ Madison, IN ✦ Designated as a 501(c)(7)

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Overview

What is Phi Mu House Building Corporation?

Phi Mu House Building Corporation, located in Madison, Indiana, is a nonprofit organization with a mission to provide and maintain a sorority house for Phi Mu sorority members attending Hanover College. With a workforce of 11 dedicated individuals, this corporation plays a crucial role in ensuring a comfortable living space for these students. The organization's activities are centered around the upkeep and maintenance of this sorority house, contributing to the overall college experience for Phi Mu members.

Is Phi Mu House Building Corporation legitimate?

Phi Mu House Building Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Phi Mu House Building 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: $196,895

For more financial information, click here

What is the mission statement of Phi Mu House Building Corporation?

The Phi Mu House Building Corporation is dedicated to providing and maintaining a sorority house for Phi Mu sorority members attending Hanover College. Their primary objective is to ensure a suitable living space for these students, fostering a sense of community and sisterhood within the Phi Mu sorority. The corporation's activities are centered around the upkeep and upgrading of the house, offering a comfortable and supportive environment for the sorority members throughout their college years.

Who is the CEO of Phi Mu House Building Corporation?

Raeane Pryor is the Treasurer of Phi Mu House Building Corporation.

What is the revenue of Phi Mu House Building Corporation?

Phi Mu House Building Corporation's revenue in 2023 was $309,439.

Who are the executives of Phi Mu House Building Corporation and what are their salaries?

The average compensation at Phi Mu House Building Corporation during 2023 was $17,900. There are 11 employees and 2 volunteers at Phi Mu House Building Corporation.


Here are 2 key members and their salaries:


Raeane Pryor (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Fleming (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Phi Mu House Building Corporation?

Phi Mu House Building Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Phi Mu House Building Corporation

Phi Mu House Building Corporation is an organization dedicated to providing and maintaining a sorority house for members of Phi Mu Sorority attending Hanover College. Their mission is centered around ensuring a suitable living space for these sorority sisters, thereby enhancing their college experience. The corporation's role is vital in offering a conducive environment that fosters a sense of community and sisterhood within the Phi Mu Sorority. By maintaining the house, they ensure that the sisters have a clean, safe, and comfortable living space throughout their college years. This commitment to providing and maintaining a sorority house for Phi Mu Sorority members at Hanover College is the core mission of Phi Mu House Building Corporation.

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Impact




October, 2024

Phi Mu House Building Corporation plays a significant role in enhancing the college experience for Phi Mu sorority members at Hanover College. By providing and maintaining a dedicated sorority house, it creates a supportive living environment that fosters friendship, leadership, and academic excellence among its members. This facility serves not only as a residence but also as a central hub for social events, meetings, and community engagement, strengthening the sisterhood and encouraging collaboration.

The impact of this organization extends beyond the physical space it provides. It contributes to the personal and academic development of its members by promoting a sense of belonging and community. This nurturing atmosphere allows sorority members to thrive as they balance their educational pursuits with extracurricular activities. Overall, the Phi Mu House Building Corporation enriches the charitable and educational mission of the Phi Mu sorority at Hanover College, positively influencing the lives of its members and the wider campus community.




This information is meant to be a general summary of Phi Mu House Building 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
$309,439 (2023)
Expenses
$377,926 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $106
  • Program Service Revenue: $309,333
  • Gross Receipts: $309,439

Assets and Liabilities:

  • Total Assets: $930,224
  • Total Liabilities: $448
  • Net Assets: $929,776

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Programs

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

ROOM AND BOARD

Revenue

$284,333

SEVERANCE PAY REIMB

Revenue

$25,000

Organization Details

Founding Year

1974

Principal Officer

Raeane Pryor

Main Address

BOX 959, MADISON, IN, 47250

NTEE Category

Code: B83 - Education

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