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Indiana Alpha Housing Corporation

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

EIN: 454826767 ✦ Indianapolis, IN ✦ Designated as a 501(c)(7)

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Overview

What is Indiana Alpha Housing Corporation?

Indiana Alpha Housing Corporation is a nonprofit organization, specifically established to procure, manage, and rent both real and personal property for the chapter house of the Alpha Chapter of Phi Delta Theta Fraternity at Indiana University. Its primary role is to offer boarding opportunities for its collegiate members, while upholding the ideals and missions of Phi Delta Theta Fraternity at the university. The organization's purpose, as stated in its mission, is to promote pleasure and recreation, and it achieves this by acquiring and leasing necessary properties for the chapter house. The nonprofit is based in Indianapolis, Indiana.

Is Indiana Alpha Housing Corporation legitimate?

Indiana Alpha Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Indiana Alpha Housing Corporation 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

What is the mission statement of Indiana Alpha Housing Corporation?

The Indiana Alpha Housing Corporation's mission is primarily focused on providing recreational facilities. Specifically, it aims to acquire, hold, and lease real and personal property to establish a chapter house. This chapter house serves as a residence for collegiate members of the Alpha Chapter of Phi Delta Theta Fraternity. The corporation's activities also include promoting the ideals and missions of Phi Delta Theta Fraternity at Indiana University.

Who is the CEO of Indiana Alpha Housing Corporation?

Jerry Sweeney is the Member-At-Large of Indiana Alpha Housing Corporation.

What is the revenue of Indiana Alpha Housing Corporation?

Indiana Alpha Housing Corporation's revenue in 2022 was $917,056.

Who are the executives of Indiana Alpha Housing Corporation and what are their salaries?

There 7 volunteers at Indiana Alpha Housing Corporation.


Here are 7 key members and their salaries:


Alan Johnston (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Oca (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mcmurray (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Stubblefield (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Day (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Sweeney (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Valdettaro (Vice President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Indiana Alpha Housing Corporation?

Indiana Alpha Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Indiana Alpha Housing Corporation

Indiana Alpha Housing Corporation is established with the primary intent to provide pleasure and recreation. Its mission, as outlined, is to acquire, hold, and lease both real and personal property, ultimately leading to the establishment of a chapter house at Indiana University. This chapter house serves as a residential facility, offering boarding opportunities for the collegiate members of the Alpha Chapter of Phi Delta Theta Fraternity. By doing so, Indiana Alpha Housing Corporation contributes to the promotion of the ideals and missions of Phi Delta Theta Fraternity at Indiana University.

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Impact




October, 2024

Indiana Alpha Housing Corporation plays a vital role in supporting the Alpha Chapter of Phi Delta Theta Fraternity at Indiana University by providing essential housing options for its collegiate members. By acquiring, holding, and leasing properties, the Corporation ensures that fraternity members have a dedicated space for residence, fostering community, collaboration, and shared experiences.

The presence of a chapter house enhances the college experience, creating an environment where ideals and missions of Phi Delta Theta can thrive. Through this focus on pleasure and recreation, the Corporation contributes to the personal and social development of its members, facilitating lifelong friendships and networking opportunities. This environment not only promotes camaraderie but also supports the academic success of students by offering a stable living arrangement conducive to their educational pursuits. Overall, Indiana Alpha Housing Corporation significantly enriches campus life at Indiana University by enabling a vibrant fraternity community.




This information is meant to be a general summary of Indiana Alpha Housing Corporation. 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
$917,056 (2022)
Expenses
$1,091,144 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41
  • Program Service Revenue: $898,990
  • Gross Receipts: $917,056

Assets and Liabilities:

  • Total Assets: $383,464
  • Total Liabilities: $109,713
  • Net Assets: $273,751

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Programs

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

RENTAL FEES

Revenue

$864,579

LATE CHARGES AND OTHER

Revenue

$34,411

Organization Details

Founding Year

2012

Principal Officer

Jerry Sweeney

Main Address

PO BOX 40864, INDIANAPOLIS, IN, 46240

NTEE Category

Code: B83 - Education

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