Beta Theta Pi Fraternity

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

EIN: 410150350 ✦ Minneapolis, MN ✦ Designated as a 501(c)(7)

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Overview

What is Beta Theta Pi Fraternity?

Beta Theta Pi Fraternity is a nonprofit organization situated in Minneapolis, Minnesota. Their primary focus is to offer housing, activities, and a supportive environment to up to 44 male undergraduate students attending the University of Minnesota. During the academic school year, from August 2022 to June 2023, housing is provided to 33 of these members. To cater to their nutritional needs, the fraternity employs a full-time chef to prepare meals. The mission of Beta Theta Pi Fraternity revolves around providing a collegiate fraternity experience that encompasses both housing and engaging activities.


Official website here: www.umn.beta.org

Is Beta Theta Pi Fraternity legitimate?

Beta Theta Pi Fraternity is a legitimate nonprofit organization registered as a 501(c)(7) entity. Beta Theta Pi Fraternity 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: $31,300

For more financial information, click here


Official website here: www.umn.beta.org

What is the mission statement of Beta Theta Pi Fraternity?

The Beta Theta Pi Fraternity's mission is centered around providing a collegiate fraternity experience. They offer housing, organized activities, and create an appropriate environment for up to 44 male undergraduate students. During the academic school year, housing is made available to approximately 33 of these members. A full-time chef is employed to cater meals for all fraternity members, ensuring their nutritional needs are met. In essence, the fraternity strives to provide a well-rounded fraternity lifestyle, offering a place to live, engage in activities, and enjoy meals with fellow members.


Official website here: www.umn.beta.org

Who is the CEO of Beta Theta Pi Fraternity?

Trevor Frane is the Principal Officer of Beta Theta Pi Fraternity.


Official website here: www.umn.beta.org

What is the revenue of Beta Theta Pi Fraternity?

Beta Theta Pi Fraternity's revenue in 2023 was $317,710.


Official website here: www.umn.beta.org

Who are the executives of Beta Theta Pi Fraternity and what are their salaries?

The average compensation at Beta Theta Pi Fraternity during 2023 was $31,300. There is 1 employee and 16 volunteers at Beta Theta Pi Fraternity.


Here are 8 key members and their salaries:


Jacob Polzin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connor Dejong (Vice-Pres Brotherhood)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Burgess (Vice-Pres Communications)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Peters (Vice-Pres Progrmming)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Ahearn (Vice-Pres Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simon Horning (Vice-Pres New Mbr Ed)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Allan (Vice-Pres Risk Mgmt)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen Ratgen (Vice-Pres Recruitment)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.umn.beta.org

Where can I find the form 990 for Beta Theta Pi Fraternity?

Beta Theta Pi Fraternity's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.umn.beta.org

Learn more at the official website: www.umn.beta.org

Mission Statement of Beta Theta Pi Fraternity

Beta Theta Pi Fraternity's mission is centered around providing a collegiate fraternity experience that encompasses housing, activities, and an overall environment for up to 44 male undergraduate students attending a university. The organization strives to offer housing facilities to up to 33 of these members during the academic school year, extending from August 2022 to June 2023. To ensure the well-being and sustenance of its members, Beta Theta Pi Fraternity employs a full-time chef who is responsible for providing meals for all fraternity members. In essence, the fraternity's mission is to create a supportive and engaging environment for its members, offering them a home away from home during their university years.

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Impact




October, 2024

Beta Theta Pi Fraternity significantly impacts its members by creating a supportive collegiate environment that fosters personal growth and academic success. By providing housing for up to 33 male undergraduate students at the University of Minnesota, the fraternity offers a unique living situation that promotes camaraderie and brotherhood.

The fraternity enhances the college experience through organized activities that encourage leadership, service, and social engagement. With a full-time chef on staff, members enjoy nutritious meals, which contribute to their well-being and create a nurturing communal atmosphere. This emphasis on community, education, and personal development not only enriches the lives of its members but also strengthens the campus culture in Minneapolis, MN.

Overall, Beta Theta Pi's commitment to providing a well-rounded collegiate experience ensures that its members are prepared for future challenges, both academically and personally, cultivating responsible leaders and engaged citizens.




This information is meant to be a general summary of Beta Theta Pi Fraternity. 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
$317,710 (2023)
Expenses
$325,208 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $573
  • Program Service Revenue: $306,989
  • Gross Receipts: $318,553

Assets and Liabilities:

  • Total Assets: $65,836
  • Total Liabilities: $22,500
  • Net Assets: $43,336

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Programs

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

RENT,BOARD

Revenue

$226,561

CHAPTER DUES

Revenue

$48,765

SOCIAL ACTIVITIES

Revenue

$31,663

Organization Details

Founding Year

1889

Principal Officer

Trevor Frane

Main Address

2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN, 55414

NTEE Category

Code: B83 - Education

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