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Gamma Upsilon Zeta House Corporation

Of Lambda Chi Alpha Fraternity

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

EIN: 566062590 ✦ Beaufort, NC ✦ Designated as a 501(c)(7)

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Overview

What is Gamma Upsilon Zeta House Corporation?

Gamma Upsilon Zeta House Corporation is a nonprofit organization situated in Beaufort, North Carolina. Their primary mission is to support the North Carolina State University (NCSU) chapter of Lambda Chi Alpha Fraternity and maintain a house for its active members. The corporation facilitates various services to ensure a comfortable living environment and support for its fraternity members. The organization's headquarters can be found at 503 Brown Pelican Way.

Is Gamma Upsilon Zeta House Corporation legitimate?

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

The Gamma Upsilon Zeta House Corporation's primary mission is to support the North Carolina State University (NCSU) chapter and ensure the upkeep of their house, providing a suitable living environment for its active brothers. The corporation's role is crucial in maintaining the house, ensuring it serves as a conducive space for the NCSU chapter members. By carrying out this mission, the Gamma Upsilon Zeta House Corporation contributes to the overall well-being and success of the NCSU chapter.

Who is the CEO of Gamma Upsilon Zeta House Corporation?

Jerry Lassiter is the President of Gamma Upsilon Zeta House Corporation.

What is the revenue of Gamma Upsilon Zeta House Corporation?

Gamma Upsilon Zeta House Corporation's revenue in 2022 was $311,878.

Who are the executives of Gamma Upsilon Zeta House Corporation and what are their salaries?

There 20 volunteers at Gamma Upsilon Zeta House Corporation.


Here are 4 key members and their salaries:


Jerry Lassiter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Newell (V-P)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Penland (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Bynum (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gamma Upsilon Zeta House Corporation?

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

Mission Statement of Gamma Upsilon Zeta House Corporation

Gamma Upsilon Zeta House Corporation is dedicated to supporting the North Carolina State University (NCSU) chapter and maintaining the house for its active brothers. This nonprofit organization plays a vital role in ensuring the well-being and comfort of its members by providing necessary support and maintaining the house's infrastructure. By doing so, Gamma Upsilon Zeta House Corporation contributes to a conducive living environment for its active brothers, enabling them to focus on their academic and social experiences at NCSU.

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Impact




October, 2024

Gamma Upsilon Zeta House Corporation plays a vital role in fostering a supportive environment for the North Carolina State University (NCSU) chapter by maintaining a residence for active brothers. By ensuring that the house is well-kept and conducive to academic and social activities, the corporation enhances the overall experience for its members. This support not only promotes camaraderie among brothers but also encourages education and personal development within the fraternity. The corporation’s efforts directly influence the chapter's ability to thrive, impacting the academic success and networking opportunities available to its members in Beaufort, NC.




This information is meant to be a general summary of Gamma Upsilon Zeta 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
$311,878 (2022)
Expenses
$375,318 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $804,959

Assets and Liabilities:

  • Total Assets: $4,913,282
  • Total Liabilities: $3,765,708
  • Net Assets: $1,147,574

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Organization Details

Founding Year

2013

Principal Officer

Jerry Lassiter

Main Address

503 BROWN PELICAN WAY, BEAUFORT, NC, 28516

NTEE Category

Code: B83 - Education

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