Epsilon Corporation Of Minnesota

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

EIN: 416045839 ✦ Minneapolis, MN ✦ Designated as a 501(c)(7)

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Overview

What is Epsilon Corporation Of Minnesota?

Epsilon Corporation of Minnesota is a nonprofit organization specifically dedicated to providing housing for up to 45 members of the Epsilon Chapter of Alpha Phi Sorority at the University of Minnesota. During the academic year, from August 2022 to May 2023, this accommodation is available. The organization employs a full-time house director to ensure the social well-being of all undergraduate members and manage on-site housing. Additionally, a full-time chef is hired to cater meals for all residents. The mission of Epsilon Corporation of Minnesota is to offer a preferred housing choice for the undergraduate collegiate members of the Epsilon Chapter of Alpha Phi Sorority, providing a secure, well-managed, and campus-appropriate living environment. With a workforce of 16 individuals, the organization ensures a comfortable and supportive living experience for its members.

Is Epsilon Corporation Of Minnesota legitimate?

Epsilon Corporation Of Minnesota is a legitimate nonprofit organization registered as a 501(c)(7) entity. Epsilon Corporation Of Minnesota 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: $88,279

For more financial information, click here

What is the mission statement of Epsilon Corporation Of Minnesota?

Epsilon Corporation of Minnesota's mission is centered around providing a preferred housing option for undergraduate members of the Epsilon Chapter of Alpha Phi Sorority at an unspecified university. The corporation aims to offer safe, well-managed, and campus-appropriate housing for up to 45 sorority members during the academic year. To ensure the social well-being of the members, a full-time house director is employed, acting as both a social facilitator and on-site housing manager. Additionally, a full-time chef is hired to cater meals for all residents, ensuring their nutritional needs are met throughout the academic year.

Who is the CEO of Epsilon Corporation Of Minnesota?

Trisha Adamson is the President of Epsilon Corporation Of Minnesota.

What is the revenue of Epsilon Corporation Of Minnesota?

Epsilon Corporation Of Minnesota's revenue in 2023 was $516,536.

Who are the executives of Epsilon Corporation Of Minnesota and what are their salaries?

The average compensation at Epsilon Corporation Of Minnesota during 2023 was $5,517. There are 16 employees and 5 volunteers at Epsilon Corporation Of Minnesota.


Here are 5 key members and their salaries:


Trisha Adamson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren D'Cruz (Vp Of Legal Affairs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ami Johannson (Vp Of Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bianca Fasinro (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Wanie (Vp Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Epsilon Corporation Of Minnesota?

Epsilon Corporation Of Minnesota's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Epsilon Corporation Of Minnesota

Epsilon Corporation of Minnesota, a nonprofit organization, is dedicated to providing the preferred housing option for the undergraduate collegiate members of the Epsilon Chapter of Alpha Phi Sorority at the University of Minnesota. Their mission is to offer a safe, well-managed, and campus-appropriate living environment for up to 45 sorority members during the academic year, from August 2022 to May 2023. To ensure the social well-being of all undergraduate members and serve as an on-site housing manager, Epsilon Corporation employs a full-time house director. Additionally, a full-time chef is hired to prepare meals for all members, ensuring they have nourishing meals throughout their stay.

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Impact




October, 2024

Epsilon Corporation of Minnesota significantly contributes to the collegiate experience of undergraduate members of the Epsilon Chapter of Alpha Phi Sorority at the University of Minnesota by providing safe and well-managed housing. By accommodating up to 45 members during the academic year, the organization creates a supportive community that fosters academic achievement and personal development.

The presence of a full-time house director ensures not only the efficient management of the living space but also the well-being of residents, offering guidance and support to help them navigate their college experience. Furthermore, the employment of a full-time chef enhances the living conditions by providing nutritious meals, promoting healthy eating habits, and encouraging communal dining, which strengthens relationships among members.

By focusing on creating a preferred housing choice tailored to the needs of its residents, Epsilon Corporation plays a vital role in maintaining a vibrant, engaging, and secure environment conducive to both academic success and personal growth. The positive impact extends beyond housing; it cultivates a sense of belonging and community, integral to the sorority experience and collegiate life.




This information is meant to be a general summary of Epsilon Corporation Of Minnesota. 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
$516,536 (2023)
Expenses
$489,811 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,097
  • Program Service Revenue: $515,189
  • Gross Receipts: $516,536

Assets and Liabilities:

  • Total Assets: $1,680,971
  • Total Liabilities: $7,823
  • Net Assets: $1,673,148

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Programs

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

RENT/NONRESIDENT FEES

Revenue

$495,589

HOUSE BONDS

Revenue

$19,600

Organization Details

Founding Year

1902

Principal Officer

Trisha Adamson

Main Address

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

NTEE Category

Code: B83 - Education

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