Overview
What is Alpha Home Association Inc?
Alpha Home Association Inc, based in Charlottesville, Virginia, serves as the title holder of assets promoting brotherhood for alumni and undergraduate members of the Chi Phi fraternity. The organization provides a social gathering space and lodging for these members, fostering a sense of community and camaraderie. The primary mission of Alpha Home Association Inc is to maintain assets that strengthen the bond between Chi Phi fraternity alumni and current undergraduates, ensuring the continuity and growth of their shared fraternal experiences.
Is Alpha Home Association Inc legitimate?
Alpha Home Association Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Alpha Home Association Inc 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Alpha Home Association Inc?
Alpha Home Association Inc's mission is centered around maintaining ownership of assets that foster a sense of brotherhood for both alumni and undergraduate members of the Chi Phi Fraternity. This is primarily achieved by providing a residential and social gathering space for these Alpha members. The association's goal is to uphold and strengthen the bond within the Chi Phi Fraternity community. It does not directly involve any specific initiatives or programs beyond the management of assets for the fraternity's members.
Who is the CEO of Alpha Home Association Inc?
Richard Lee Rasmussen is the President of Alpha Home Association Inc.
What is the revenue of Alpha Home Association Inc?
Alpha Home Association Inc's revenue in 2022 was $131,444.
Who are the executives of Alpha Home Association Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Alpha Home Association Inc?
Alpha Home Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alpha Home Association Inc
Alpha Home Association Inc serves as the custodian of assets that foster a sense of brotherhood among alumni and undergraduate members of the Chi Phi fraternity. Its primary mission is to provide a housing facility and a venue for social gatherings, catering specifically to the needs of Alpha members from Chi Phi. This organization plays a significant role in maintaining a sense of camaraderie among its members, offering them a space to connect and build lasting relationships.
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Impact
October, 2024
Alpha Home Association Inc significantly enhances the sense of community and brotherhood among alumni and undergraduate members of the Chi Phi Fraternity in Charlottesville, VA. By serving as the title holder of essential assets, the organization ensures that members have access to lodging and a social gathering house, fostering connections that are vital for both personal growth and professional networking.
The provision of a dedicated space for social interactions allows members to engage in meaningful activities that strengthen their relationships, create lasting memories, and support their personal development. This environment promotes a culture of camaraderie and shared experiences, which are key components of the fraternity's values.
In addition to enriching the lives of its members, Alpha Home Association Inc contributes to community improvement by providing a stable and welcoming space that can also benefit the broader neighborhood through various fraternity-led events and initiatives. Overall, Alpha Home Association Inc plays a crucial role in sustaining the legacy and brotherhood of the Chi Phi Fraternity while positively impacting the local community.
This information is meant to be a general summary of Alpha Home Association Inc. 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: $9
- Program Service Revenue: $127,514
- Gross Receipts: $131,444
Assets and Liabilities:
- Total Assets: $583,641
- Total Liabilities: $7,380
- Net Assets: $576,261
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$127,514
Organization Details
Founding Year
1923
Phone
(434) 293-8191Principal Officer
Richard Lee Rasmussen
Main Address
250 EAST HIGH STREET, CHARLOTTESVILLE, VA, 22902
NTEE Category
Code: S47 - Community improvement
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