Overview
What is Kappa Kappa Gamma House Association?
Kappa Kappa Gamma House Association, situated in Lawrence, Kansas, is a nonprofit organization primarily engaged in real estate activities. Specifically, they rent out property to a fraternity, as indicated by the description "RENT BUILDING TO FRATERNITY." Over the past year, they successfully generated a revenue of $602,532, demonstrating their financial sustainability. The organization's primary function revolves around managing and monetizing its real estate holdings, providing a home or workplace for the associated fraternity.
Is Kappa Kappa Gamma House Association legitimate?
Kappa Kappa Gamma House Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Kappa Kappa Gamma House 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: $55,810
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,412
For more financial information, click here
What is the mission statement of Kappa Kappa Gamma House Association?
The Kappa Kappa Gamma House Association, as a real estate organization, primarily focuses on renting out buildings to a fraternity. While the provided information does not specify an explicit mission statement, it can be inferred that their primary activity revolves around property management and revenue generation. The association, however, does not seem to have a publicly stated mission aimed at serving a specific cause or community beyond its business operations.
Who is the CEO of Kappa Kappa Gamma House Association?
Jody Kramer is the President of Kappa Kappa Gamma House Association.
What is the revenue of Kappa Kappa Gamma House Association?
Kappa Kappa Gamma House Association's revenue in 2023 was $738,997.
Who are the executives of Kappa Kappa Gamma House Association and what are their salaries?
The average compensation at Kappa Kappa Gamma House Association during 2023 was $7,538. There are 19 employees at Kappa Kappa Gamma House Association.
Here are 15 key members and their salaries:
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Where can I find the form 990 for Kappa Kappa Gamma House Association?
Kappa Kappa Gamma House Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kappa Kappa Gamma House Association
Kappa Kappa Gamma House Association, a real estate organization, primarily serves as a landlord for a fraternity, known as the Omega Chapter. Their primary mission is to generate revenue through the rental of their property. While the association's primary focus is on real estate management, it is essential to note that they have not been explicitly mentioned to engage in any social, charitable, or community-related activities. Their operations and revenue generation make them a real estate organization, with the Omega Chapter being their primary tenant.
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Impact
October, 2024
Kappa Kappa Gamma House Association significantly contributes to the local community through its operations in Lawrence, KS. By managing the Omega Chapter House, the association not only provides housing for the fraternity but also stimulates the local economy through its substantial revenue generation of $602,532 last year.
The establishment serves as a vital resource for members, creating a supportive environment that fosters education and personal growth. This organization aims to enhance the college experience for its members, promoting lifelong friendships and connections that extend beyond their academic journey. Through its activities, Kappa Kappa Gamma House Association plays an essential role in enriching campus life and contributing to the overall educational experience for students in the area.
This information is meant to be a general summary of Kappa Kappa Gamma House 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 2023.
- Investment Income: $1,259
- Program Service Revenue: $735,555
- Gross Receipts: $738,997
Assets and Liabilities:
- Total Assets: $6,370,436
- Total Liabilities: $36,000
- Net Assets: $6,334,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHAPTER ROOM & BOARD
Revenue
$735,555
Organization Details
Founding Year
1912
Phone
(402) 651-7766Principal Officer
Jody Kramer
Main Address
KAREN HOTZ 1 GOWER PL, LAWRENCE, KS, 66044
NTEE Category
Code: B83 - Education
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