Overview
What is Beta Building Association Of Madison Inc?
Beta Building Association of Madison Inc, based in Oak Creek, Wisconsin, primarily serves as a property holder for the chapter house of the University of Wisconsin-Madison Chapter of the Beta Theta Pi Fraternity. This association enables the fraternity to carry out its philanthropic activities and mission within the property's confines. The organization's core purpose, in simple terms, revolves around property management for an exempt organization, contributing to the continued operation and mission of the Beta Theta Pi Fraternity chapter.
Is Beta Building Association Of Madison Inc legitimate?
Beta Building Association Of Madison Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Beta Building Association Of Madison Inc 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.
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What is the mission statement of Beta Building Association Of Madison Inc?
The Beta Building Association of Madison Inc serves a unique role by holding title to the property of an exempt organization. Specifically, they hold the title to the chapter house of the University of Wisconsin-Madison chapter of the Beta Theta Pi fraternity. This allows the fraternity to carry out its fraternal mission within the property. The association's role in this context essentially ensures the continuity and smooth operation of the fraternity's activities within their property.
Who is the CEO of Beta Building Association Of Madison Inc?
Jacob Hentges is the President of Beta Building Association Of Madison Inc.
What is the revenue of Beta Building Association Of Madison Inc?
Beta Building Association Of Madison Inc's revenue in 2022 was $853,702.
Who are the executives of Beta Building Association Of Madison Inc and what are their salaries?
There 7 volunteers at Beta Building Association Of Madison Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Beta Building Association Of Madison Inc?
Beta Building Association Of Madison Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beta Building Association Of Madison Inc
Beta Building Association of Madison Inc plays a unique role in supporting a fraternal organization. This association holds the title to the property of an exempt organization, specifically the chapter house of the University of Wisconsin-Madison chapter of Beta Theta Pi Fraternity. By doing so, Beta Building Association of Madison Inc enables the fraternity to carry out its mission within this space. This association's mission is therefore integral to the operation and success of the Beta Theta Pi Fraternity's activities at the University of Wisconsin-Madison.
In simpler terms, Beta Building Association of Madison Inc acts as a property custodian for the Beta Theta Pi Fraternity's chapter house. By holding the title to this property, the association ensures that the fraternity has a stable and secure base of operations, allowing it to focus on its fraternal mission and activities. This support from Beta Building Association of Madison Inc is essential for the continued growth and success of the Beta Theta Pi Fraternity at the University of Wisconsin-Madison.
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Impact
October, 2024
Beta Building Association of Madison Inc plays a crucial role in supporting the fraternal mission of the Beta Theta Pi fraternity at the University of Wisconsin-Madison. By holding the title to the chapter house, the association ensures that the fraternity has a dedicated space for its activities, fostering a sense of community and belonging among its members. This backing facilitates various programs and initiatives within the fraternity that contribute to leadership development, academic achievement, and social engagement among students.
The presence of a stable physical location for the fraternity also allows for better organization and resource management, which can enhance the overall university experience for its members. Additionally, the association's commitment to property management indirectly contributes to the broader community by maintaining an inviting environment that aligns with community improvement efforts. Through its support, Beta Building Association helps cultivate a strong, engaged chapter that can positively impact its members and the surrounding area.
This information is meant to be a general summary of Beta Building Association Of Madison Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $338,878
- Gross Receipts: $853,702
Assets and Liabilities:
- Total Assets: $3,341,437
- Total Liabilities: $1,158,775
- Net Assets: $2,182,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$334,800
PARKING INCOME
Revenue
$4,078
Organization Details
Founding Year
1957
Phone
(262) 364-7416Principal Officer
Jacob Hentges
Main Address
PO BOX 394, OAK CREEK, WI, 53154
NTEE Category
Code: S47 - Community improvement
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