Overview
What is Beta Rho Sigma Chi House Co?
Beta Rho Sigma Chi House Co is a nonprofit organization that primarily focuses on managing and renovating a specific property. They hold the title to this property and collect rent from a tax-exempt 501(7) organization. By performing these duties, they contribute to maintaining and enhancing the property's condition. While their main function is property management, they also derive income from this tax-exempt organization.
Is Beta Rho Sigma Chi House Co legitimate?
Beta Rho Sigma Chi House Co is a legitimate nonprofit organization registered as a 501(c)(2) entity. Beta Rho Sigma Chi House Co 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Beta Rho Sigma Chi House Co?
Beta Rho Sigma Chi House Co's primary mission is centered around managing and maintaining a property, with a focus on renovations. They achieve this by leasing the property to a tax-exempt organization under section 501(7) of the Internal Revenue Code. This organization is expected to pay rent to Beta Rho Sigma Chi House Co, as outlined in their mission. The organization's activities primarily revolve around property management, with a focus on maintaining and renovating the property, and generating income through rent payments.
Who is the CEO of Beta Rho Sigma Chi House Co?
Paul Boyan is the President of Beta Rho Sigma Chi House Co.
What is the revenue of Beta Rho Sigma Chi House Co?
Beta Rho Sigma Chi House Co's revenue in 2022 was $34,081.
Who are the executives of Beta Rho Sigma Chi House Co and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Beta Rho Sigma Chi House Co?
Beta Rho Sigma Chi House Co's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beta Rho Sigma Chi House Co
Beta Rho Sigma Chi House Co's primary mission involves managing and preserving a property, ensuring its maintenance and renovations are carried out effectively. This nonprofit organization is responsible for collecting rent from a tax-exempt 501(7) organization. In essence, Beta Rho Sigma Chi House Co serves as the property's custodian, overseeing its upkeep and securing income from a charitable organization that holds a tax-exempt status.
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Impact
October, 2024
Beta Rho Sigma Chi House Co plays a vital role in the improvement and maintenance of community infrastructure in San Jose, CA. By holding the title to property and overseeing its maintenance and renovation, the organization ensures that valuable resources are preserved and utilized effectively. This not only enhances the physical environment but also supports a local tax-exempt organization by providing stable housing conditions.
Additionally, the collection of rent from the property generates revenue that can be reinvested into further improvements and community initiatives. This cycle of maintenance, renovation, and financial support fosters a sense of stability and growth within the community. Overall, Beta Rho Sigma Chi House Co contributes significantly to the enhancement of community living standards, supporting both the immediate needs of its tenants and the broader goals of community improvement.
This information is meant to be a general summary of Beta Rho Sigma Chi House Co. 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 2022.
- Investment Income: $10,000
- Gross Receipts: $141,451
Assets and Liabilities:
- Total Assets: $940,889
- Total Liabilities: $0
- Net Assets: $940,889
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Organization Details
Founding Year
1982
Phone
(408) 348-4337Principal Officer
Paul Boyan
Main Address
6651 LEYLAND PARK DR, SAN JOSE, CA, 951204637
NTEE Category
Code: S47 - Community improvement
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