Triangle Fraternity National Council

Illinois Triangle Alumni Corporation

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

EIN: 370662261 ✦ Mt prospect, IL ✦ Designated as a 501(c)(7)

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Overview

What is Triangle Fraternity National Council?

The Triangle Fraternity National Council is a nonprofit organization, specifically known as the Illinois Triangle Alumni Corporation (ITAC), dedicated to promoting and facilitating STEM education and fostering brotherhood among University of Illinois students and alumni. They manage a house on 513 S Edward St, Mount Prospect, IL, which serves as a residence for undergraduate students and a venue for alumni gatherings. Events such as Homecoming and Founders' Day are held here to engage both the alumni and current students in discussions about the house and its educational and social activities. The council works collaboratively with affiliated organizations, including Triangle Illinois House LLC and Triangle Building & Housing Corporation, to ensure the successful operation of these initiatives.

Is Triangle Fraternity National Council legitimate?

Triangle Fraternity National Council is a legitimate nonprofit organization registered as a 501(c)(7) entity. Triangle Fraternity National Council 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: $1,298
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Triangle Fraternity National Council?

The Triangle Fraternity National Council, operating under the name Illinois Triangle Alumni Corporation (ITAC), has a mission to promote and facilitate STEM education programs. They aim to foster brotherhood among students and alumni of the University of Illinois, particularly those studying engineering, architecture, computer science, and related fields. The council collaborates with related fraternity national organizations and the fraternity's house for the purpose of providing educational and social services to undergraduate students. The house is also utilized for hosting alumni events.

Who is the CEO of Triangle Fraternity National Council?

Matthew N Frank is the President of Triangle Fraternity National Council.

What is the revenue of Triangle Fraternity National Council?

Triangle Fraternity National Council's revenue in 2022 was $402,901.

Who are the executives of Triangle Fraternity National Council and what are their salaries?

There 30 volunteers at Triangle Fraternity National Council.


Here are 7 key members and their salaries:


Matthew N Frank (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan H Davis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vibhu Vanajari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Perez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Laitar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Zielke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Triangle Fraternity National Council?

Triangle Fraternity National Council's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Triangle Fraternity National Council

The Triangle Fraternity National Council, often referred to as ITAC, is dedicated to supporting the University of Illinois alumni and current students, particularly those pursuing studies in STEM fields such as Engineering, Architecture, and Computer Science. Their mission is twofold: firstly, they aim to foster and sustain a sense of Brotherhood among their members. This involves promoting shared experiences and strengthening the bond between alumni and current students. Secondly, they are committed to facilitating educational programs in the STEM field. The Fraternity, in conjunction with related national organizations and the House, provides a platform for these initiatives. The House, which is also used for hosting alumni events, serves as a hub for these educational and social activities. In essence, the Triangle Fraternity National Council strives to create a supportive community that nurtures the academic and social growth of its members, focusing on STEM education and the strengthening of fraternal bonds.

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Impact




October, 2024

Triangle Fraternity National Council significantly enhances the educational and social experiences of its members, fostering a sense of community and brotherhood among alumni and undergraduate students at the University of Illinois. Through its management of the Illinois Triangle Alumni Corporation and the affiliated Triangle Illinois House LLC, the council ensures that a dedicated space is available for students to live and engage with alumni during important events like Homecoming and Founder's Day.

The fraternity places a strong emphasis on promoting and facilitating STEM education programs, catering specifically to students in fields such as Engineering, Architecture, and Computer Science. By hosting events that bring together alumni and current students, the council creates opportunities for mentorship and networking, helping undergraduates to achieve their educational goals while also preserving the bond of brotherhood.

Additionally, the collaborative efforts with the Triangle Educational Foundation and other national organizations enrich the fraternity's offerings, enabling a robust framework for both academic support and social interaction. This multifaceted approach not only strengthens the ties among members but also contributes to a vibrant alumni network that can offer guidance and resources to the next generation of students. Overall, the Triangle Fraternity National Council plays a pivotal role in shaping a supportive environment that prioritizes education and community.




This information is meant to be a general summary of Triangle Fraternity National Council. 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
$402,901 (2022)
Expenses
$597,203 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26,623
  • Program Service Revenue: $2,843
  • Gross Receipts: $402,901

Assets and Liabilities:

  • Total Assets: $2,050
  • Total Liabilities: $0
  • Net Assets: $2,050

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Programs

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

Other activity

Revenue

$2,843

Organization Details

Founding Year

1907

Principal Officer

Matthew N Frank

Main Address

513 S EDWARD ST, MT PROSPECT, IL, 600563909

NTEE Category

Code: B84 - Education

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