Overview
What is Gamma Xi Property Association?
Gamma Xi Property Association is a nonprofit organization situated in Springfield, Missouri. Its primary function is the ownership, maintenance, and leasing of a fraternity house located at Missouri S&T University in Rolla, Missouri. The association manages the property, collects rental income, and covers the expenses associated with maintaining and improving the facility. This includes upkeep, repairs, and potential enhancements, ensuring a comfortable and suitable living environment for the fraternity members.
Is Gamma Xi Property Association legitimate?
Gamma Xi Property Association is a legitimate nonprofit organization registered as a 501(c)(2) entity. Gamma Xi Property Association 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: $0
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What is the mission statement of Gamma Xi Property Association?
The Gamma Xi Property Association's mission revolves around the ownership, maintenance, and leasing of a fraternity house at a specific university. This association effectively manages rental income while covering expenses associated with maintaining and improving the fraternity house. The primary goal is to ensure the property is well-maintained and serves its intended purpose for the fraternity members.
What is the revenue of Gamma Xi Property Association?
Gamma Xi Property Association's revenue in 2024 was $204,535.
Who are the executives of Gamma Xi Property Association and what are their salaries?
There 10 volunteers at Gamma Xi Property Association.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Gamma Xi Property Association?
Gamma Xi Property Association's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Gamma Xi Property Association
Gamma Xi Property Association, as a nonprofit organization, is committed to the ownership, maintenance, and leasing of a fraternity house at a renowned institution, the Missouri Institute of Science and Technology in Rolla MO. The association's primary mission is to manage and improve this chapter fraternity house, ensuring its upkeep and generating rental income. By doing so, Gamma Xi Property Association plays a vital role in providing a comfortable living space for the fraternity members at Missouri S&T University. The organization meticulously manages the financial aspects, covering expenses related to maintenance and improvements, thereby ensuring the house remains in optimal condition for its residents.
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Impact
October, 2024
The Gamma Xi Property Association significantly impacts the local community by overseeing the ownership, maintenance, and leasing of a crucial fraternity house at the Missouri Institute of Science and Technology in Rolla, MO. This organization plays a vital role in ensuring the property is well-maintained and improved, which enhances the living experience for students.
By successfully managing rental income and operational expenses, the association not only provides a stable living environment for fraternity members but also contributes to the housing landscape in the area. This involvement fosters a sense of community among students and alumni, promoting engagement and support for educational pursuits. Furthermore, the association's commitment to property upkeep and enhancement helps maintain the aesthetic and functional quality of the neighborhood, contributing to local community improvement initiatives.
This information is meant to be a general summary of Gamma Xi Property Association. 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 2024.
- Investment Income: -$130
- Program Service Revenue: $130,000
- Gross Receipts: $204,535
Assets and Liabilities:
- Total Assets: $1,303,766
- Total Liabilities: $0
- Net Assets: $1,303,766
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$130,000
Organization Details
Principal Officer
Jon Thomas
NTEE Category
Code: S47 - Community improvement
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