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House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi

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

EIN: 451599359 ✦ Noblesville, IN ✦ Designated as a 501(c)(7)

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Overview

What is House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi?

The House Corporation of the Beta Omicron Chapter of Alpha Sigma Phi is a nonprofit organization located at 5842 Dado Court, Noblesville, IN 46062. Its primary mission involves financing and maintaining a fraternity house for undergraduate college students, acting as their landlord. The corporation raises funds through donations and rental income to cover mortgage payments. In 2022, they did not conduct any significant fundraising campaigns or events. Their purpose is to provide a living space for students, ensuring their safety and comfort during their college years.


Official website here: www.alphasigsattrine.org/

Is House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi legitimate?

House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi is a legitimate nonprofit organization registered as a 501(c)(7) entity. House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi 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

For more financial information, click here


Official website here: www.alphasigsattrine.org/

What is the mission statement of House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi?

The House Corporation of the Beta Omicron Chapter of Alpha Sigma Phi's mission is centered around financially supporting and maintaining a fraternity house for undergraduate college students. In this role, they function as the landlord, leveraging donations and rental income to meet their financial obligations, primarily focusing on paying off the mortgage. The corporation does not engage in significant fundraising campaigns, but they do solicit donations from their alumni members to contribute to their mission. As of 2022, no major fundraising event was conducted for this purpose.


Official website here: www.alphasigsattrine.org/

Who is the CEO of House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi?

Lenny Duff is the Ceo of House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi. The CEO's salary of House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi is $0 and their total compensation is $0.


Official website here: www.alphasigsattrine.org/

What is the revenue of House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi?

House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi's revenue in 2022 was $88,255.


Official website here: www.alphasigsattrine.org/

Who are the executives of House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi and what are their salaries?

There 8 volunteers at House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi.


Here are 8 key members and their salaries (House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi's CEO's salary is $0 and their total compensation is $0):


Paul Ruegamer (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Stone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Carter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Goudy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Nichols (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mel Budreau (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenny Duff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alphasigsattrine.org/

Where can I find the form 990 for House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi?

House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.alphasigsattrine.org/

Learn more at the official website: www.alphasigsattrine.org/

Mission Statement of House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi

The House Corporation of the Beta Omicron Chapter of Alpha Sigma Phi is a nonprofit organization with a mission to serve as the landlord for a fraternity house for undergraduate college students. Its primary objective is to own the property and generate income through rent and donations to cover the mortgage payments. The corporation raises funds primarily from its alumni members, although no major fundraising campaigns were conducted in 2022. The organization does not host formal events specifically aimed at gathering alumni for fundraising purposes.

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Impact




October, 2024

The House Corporation of the Beta Omicron Chapter of Alpha Sigma Phi plays a crucial role in financing and maintaining a fraternity house for undergraduate college students. By operating as the landlord, it provides a stable living environment that fosters brotherhood, leadership, and academic success among its members.

Through its efforts, the corporation helps create a supportive community that encourages personal and professional development. Although there was no major fundraising campaign executed in 2022, ongoing donations from alumni support the operations of the house, ensuring that it remains a welcoming space for students. The corporation's mission to manage the fraternity house effectively contributes to the overall collegiate experience by offering a venue for social engagement, academic collaboration, and lifelong friendships.

Additionally, the corporation’s financial management, including raising funds through donations and rent to pay off mortgages, is essential for maintaining the property and ensuring it meets the needs of current and future members. In this way, the House Corporation not only preserves the legacy of the Beta Omicron Chapter but also enhances the fraternity experience for all its members in Noblesville, Indiana.




This information is meant to be a general summary of House Corporation Of The Beta Omicron Chapter Of Alpha Sigma Phi. 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
$88,255 (2022)
Expenses
$64,939 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $79,750
  • Gross Receipts: $88,255

Assets and Liabilities:

  • Total Assets: $1,123,321
  • Total Liabilities: $278,381
  • Net Assets: $844,940

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Programs

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

Undergraduate Dues & Rent

Revenue

$79,750

Organization Details

Founding Year

2011

Principal Officer

Lenny Duff

Main Address

5842 Dado Court, Noblesville, IN, 46062

NTEE Category

Code: N50 - Recreation

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