Overview
What is Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc?
Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc is a nonprofit organization located at 311 Lamont Drive, Decatur, GA 30030. Their primary mission is to provide furnished housing for college students associated with the Gamma Phi Chapter of Alpha Gamma Delta Fraternity. They manage the property, collect income from rent, and save any excess funds in a reserve account to ensure the long-term maintenance and upkeep of the housing facilities. The organization's goal is to create a comfortable living environment for the chapter members during their college years.
Is Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc legitimate?
Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Gamma Phi Chapter Of Alpha Gamma Delta Housing 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc?
The Gamma Phi Chapter of Alpha Gamma Delta Housing Association Inc's primary role is to maintain ownership of a property. They generate income from this property and then set aside any excess funds in a reserve account. The primary purpose of accumulating this excess income is to ensure financial stability and preparedness for potential future expenses. The association provides furnished housing for the Gamma Phi Chapter of Alpha Gamma Delta fraternity, offering a living space for college students.
What is the revenue of Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc?
Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc's revenue in 2024 was $407,856.
Who are the executives of Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc?
Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc
Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc, as its mission statement suggests, is primarily responsible for holding title to a specific property. This organization collects income derived from this property and meticulously sets aside any excess income in a dedicated reserve account. By doing so, it ensures financial stability and sustainability for the future. In essence, the association serves as a steward of its property, generating income and preserving surplus funds for potential future needs. This mission aligns with its primary activity, which is to provide furnished college student housing for the Gamma Phi Chapter of Alpha Gamma Delta Fraternity. This housing association plays a crucial role in facilitating a comfortable living environment for the chapter's members, contributing significantly to their college experience.
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Impact
October, 2024
Gamma Phi Chapter Of Alpha Gamma Delta Housing Association Inc plays a significant role in enhancing the college experience by providing furnished housing specifically for members of the Gamma Phi Chapter of Alpha Gamma Delta Fraternity. By securing and maintaining property, the association ensures that students have access to a comfortable and supportive living environment, which is crucial for academic success and personal development.
The organization actively collects income from the housing it provides and responsibly allocates excess income into a reserve account. This financial strategy not only supports the ongoing maintenance and improvement of the property but also enables the association to invest in future enhancements and community initiatives. By fostering a sense of belonging and community among its residents, Gamma Phi Chapter contributes positively to the campus culture in Decatur, Georgia, while promoting sisterhood and collaboration among its members.
This information is meant to be a general summary of Gamma Phi Chapter Of Alpha Gamma Delta Housing 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 2024.
- Investment Income: $1,537
- Program Service Revenue: $405,735
- Gross Receipts: $407,856
Assets and Liabilities:
- Total Assets: $2,669,568
- Total Liabilities: $2,174,362
- Net Assets: $495,206
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT HOUSING
Revenue
$405,735
Organization Details
Founding Year
1988
Principal Officer
Pamela H Vance
NTEE Category
Code: S47 - Community improvement
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