Delta Beta Alumni Of Theta Chi Inc

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

EIN: 581847110 ✦ Athens, GA ✦ Designated as a 501(c)(4)

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Overview

What is Delta Beta Alumni Of Theta Chi Inc?

Delta Beta Alumni of Theta Chi is a nonprofit organization situated in Athens, Georgia. They have a significant connection with the local chapter of Theta Chi Fraternity, serving as its primary supporters. They hold legal ownership of the chapter house, which they obtained from the national organization. The alumni group plays a crucial role in managing financial aspects, collecting rent from the local chapter, and managing expenses such as taxes and insurance. They also make mortgage payments to the national organization on behalf of the local chapter. Essentially, Delta Beta Alumni of Theta Chi acts as a bridge between the local chapter and the national organization, ensuring the smooth functioning of the chapter house.

Is Delta Beta Alumni Of Theta Chi Inc legitimate?

Delta Beta Alumni Of Theta Chi Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Delta Beta Alumni Of Theta Chi Inc submitted a form 990EZ, 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.

What is the mission statement of Delta Beta Alumni Of Theta Chi Inc?

Delta Beta Alumni of Theta Chi Inc serves to support the Athens, GA chapter of Theta Chi Fraternity. Their primary role involves managing the chapter house, which they acquired from the national organization. They collect rent from the local chapter and manage expenses such as taxes and insurance. Notably, they make mortgage payments to the national organization on behalf of the local chapter. Essentially, their mission is to ensure the smooth operation and upkeep of the chapter house, thereby supporting the local chapter of Theta Chi Fraternity.

Who is the CEO of Delta Beta Alumni Of Theta Chi Inc?

Kevin Curtin is the Ceo of Delta Beta Alumni Of Theta Chi Inc. The CEO's salary of Delta Beta Alumni Of Theta Chi Inc is $0 and their total compensation is $0.

What is the revenue of Delta Beta Alumni Of Theta Chi Inc?

Delta Beta Alumni Of Theta Chi Inc's revenue in 2022 was $169,893.

Who are the executives of Delta Beta Alumni Of Theta Chi Inc and what are their salaries?


Here are 3 key members and their salaries (Delta Beta Alumni Of Theta Chi Inc's CEO's salary is $0 and their total compensation is $0):


Bill Parker (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Allen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Curtin (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Delta Beta Alumni Of Theta Chi Inc?

Delta Beta Alumni Of Theta Chi Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Delta Beta Alumni Of Theta Chi Inc

Delta Beta Alumni of Theta Chi Inc plays a crucial role in supporting the Athens, GA chapter of Theta Chi Fraternity. Their primary mission is to manage the chapter house, which they acquired from the national organization. They collect rent from the local chapter and handle related expenses such as taxes and insurance. Notably, they make mortgage payments to the national organization on behalf of the local chapter. In essence, Delta Beta Alumni of Theta Chi Inc acts as a bridge between the local chapter and the national organization, ensuring the chapter house is well-maintained and financially secure.

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Impact




October, 2024

Delta Beta Alumni of Theta Chi Inc significantly impacts the Athens, GA chapter of Theta Chi Fraternity by providing essential support and resources that enable the local chapter to thrive. They hold title to the chapter house, ensuring secure housing for members and a venue for events and activities that foster camaraderie and community engagement.

By managing financial responsibilities such as collecting rent from the local chapter, handling taxes, and paying insurance, Delta Beta Alumni alleviates the administrative burdens typically faced by student organizations. This allows the fraternity members to focus on their educational pursuits and personal development. Furthermore, by remitting mortgage payments to the national organization, they ensure the sustainability of the fraternity's presence in Athens.

Through these actions, Delta Beta Alumni plays a crucial role in maintaining the integrity and functionality of the Theta Chi chapter, fostering a strong alumni network that enhances the educational and social experiences of current members. Their commitment not only preserves the legacy of the fraternity but also cultivates leadership and lifelong connections among alumni and current students alike.




This information is meant to be a general summary of Delta Beta Alumni Of Theta Chi 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.

Revenue
$169,893 (2022)
Expenses
$94,851 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $148,854
  • Gross Receipts: $169,893

Assets and Liabilities:

  • Total Assets: $278,724
  • Total Liabilities: $538,168
  • Net Assets: -$259,444

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Organization Details

Principal Officer

Kevin Curtin

Main Address

315 OCONEE ST, ATHENS, GA, 30601

NTEE Category

Code: B84 - Education

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