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Gamma Chi Chapter House Corporation

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

EIN: 471112386 ✦ Baltimore, MD ✦ Designated as a 501(c)(7)

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Overview

What is Gamma Chi Chapter House Corporation?

Gamma Chi Chapter House Corporation is a nonprofit organization situated in Baltimore, Maryland, specifically at 106 Tunbridge Road. Their primary mission is to foster fraternity, scholarship, leadership, and high moral standards among the members of the Gamma Chi Chapter of Sigma Chi Fraternity at the University of Maryland in College Park, Maryland. They achieve this by either acquiring or leasing, selling, or conveying real or personal property. This organization provides housing and meals for the fraternity members, contributing to their overall development and experiences at the university.

Is Gamma Chi Chapter House Corporation legitimate?

Gamma Chi Chapter House Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Gamma Chi Chapter House 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 Gamma Chi Chapter House Corporation?

The mission of Gamma Chi Chapter House Corporation is centered around fostering fraternity, scholarly pursuits, leadership development, maintaining high moral standards, and encouraging recreation among members of the Gamma Chi Chapter of Sigma Chi Fraternity. This is achieved by acquiring, leasing, selling, or conveying necessary real or personal property, all in alignment with the principles, traditions, and rituals of the fraternity.

Who is the CEO of Gamma Chi Chapter House Corporation?

Zach Gonnsen is the President of Gamma Chi Chapter House Corporation.

What is the revenue of Gamma Chi Chapter House Corporation?

Gamma Chi Chapter House Corporation's revenue in 2022 was $403,507.

Who are the executives of Gamma Chi Chapter House Corporation and what are their salaries?

There 5 volunteers at Gamma Chi Chapter House Corporation.


Here are 5 key members and their salaries:


Zach Gonnsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis O'Connell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Haviland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dayne Warshofsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gamma Chi Chapter House Corporation?

Gamma Chi Chapter House Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gamma Chi Chapter House Corporation

Gamma Chi Chapter House Corporation, a nonprofit organization, is dedicated to fostering fraternity, scholarship, leadership, high moral standards, and recreation among its members, who are part of the Gamma Chi Chapter of Sigma Chi Fraternity at the University of Maryland in College Park, Maryland. The corporation achieves this mission by acquiring, leasing, selling, or conveying real or personal property, in alignment with the principles, traditions, and rituals of the fraternity. The primary objective is to create an environment that encourages personal growth and community development among its members, thereby promoting a well-rounded university experience.

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Impact




October, 2024

Gamma Chi Chapter House Corporation significantly influences the Gamma Chi Chapter of Sigma Chi Fraternity at the University of Maryland by fostering a supportive environment that emphasizes fraternity, scholarship, leadership, and high moral standards. Through its operations, which include leasing property and providing accommodations and meals, the corporation enhances the collegiate experience for its members.

By maintaining a residence that is aligned with the principles and rituals of Sigma Chi, the organization creates a cohesive community that encourages academic achievement and personal growth. These efforts not only help members thrive during their university years but also equip them with essential leadership skills and values that extend beyond their college experience, promoting a lasting commitment to service and excellence.

The corporation’s role in providing housing is vital in cultivating camaraderie and facilitating recreational activities, enriching the overall fraternity experience. This environment nurtures relationships built on trust and support, forming a foundation for lifelong bonds among members.




This information is meant to be a general summary of Gamma Chi Chapter House 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
$403,507 (2022)
Expenses
$370,855 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $92
  • Program Service Revenue: $403,415
  • Gross Receipts: $403,507

Assets and Liabilities:

  • Total Assets: $147,806
  • Total Liabilities: $28,720
  • Net Assets: $119,086

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Programs

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

BOARD REVENUE

Revenue

$141,713

PARLOR FEES

Revenue

$15,504

ROOM REVENUE

Revenue

$246,198

Organization Details

Founding Year

2014

Principal Officer

Zach Gonnsen

Main Address

106 TUNBRIDGE ROAD, BALTIMORE, MD, 21212

NTEE Category

Code: L99 - Housing

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