Gamma Theta Incorporated

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

EIN: 582022694 ✦ Tuscaloosa, AL ✦ Designated as a 501(c)(7)

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Overview

What is Gamma Theta Incorporated?

Gamma Theta Incorporated is a nonprofit organization based in Tuscaloosa, Alabama. Their primary objective is to offer housing and support for an undergraduate chapter of a national collegiate fraternity. By providing a residential space, they aim to foster a sense of community between the fraternity's current members and its alumni. With a team of three dedicated individuals, Gamma Theta Incorporated plays an essential role in nurturing the experiences and connections of its fraternity members throughout their college journey.

Is Gamma Theta Incorporated legitimate?

Gamma Theta Incorporated is a legitimate nonprofit organization registered as a 501(c)(7) entity. Gamma Theta Incorporated 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: $11,713
Other Salaries and Wages: $51,267

For more financial information, click here

What is the mission statement of Gamma Theta Incorporated?

Gamma Theta Incorporated is dedicated to providing housing for the undergraduate chapter of a national collegiate fraternity and fostering a connection between its alumni and current members. By offering a residential space, the organization aims to support the fraternity's undergraduate chapter and promote an ongoing relationship between its former and current members. This mission helps to foster a sense of community and continuity within the fraternity, ensuring a smooth transition for new members and maintaining a strong alumni network.

Who is the CEO of Gamma Theta Incorporated?

Jay Cook is the President of Gamma Theta Incorporated.

What is the revenue of Gamma Theta Incorporated?

Gamma Theta Incorporated's revenue in 2022 was $617,511.

Who are the executives of Gamma Theta Incorporated and what are their salaries?

The average compensation at Gamma Theta Incorporated during 2022 was $17,089. There are 3 employees and 3 volunteers at Gamma Theta Incorporated.


Here are 3 key members and their salaries:


Jay Cook (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Essner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Holbrook (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gamma Theta Incorporated?

Gamma Theta Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gamma Theta Incorporated

Gamma Theta Incorporated is dedicated to serving the undergraduate chapter of a national collegiate fraternity. This nonprofit organization's primary mission is to provide housing for the fraternity members, offering them a suitable living space during their university years. Additionally, Gamma Theta Incorporated works to foster a connection between the undergraduate members and the alumni of the fraternity. This facilitation aims to create a sense of continuity and shared experience between the current and former members, thereby enriching the overall fraternity experience. By providing housing and support, Gamma Theta Incorporated plays an important role in the collegiate journey of its affiliated fraternity's members.

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Impact




October, 2024

Gamma Theta Incorporated plays a significant role in fostering community and continuity within the collegiate fraternity experience. By providing housing for the undergraduate chapter of a national collegiate fraternity in Tuscaloosa, Alabama, it enhances the living environment for students, allowing them to thrive academically and socially.

The organization supports the development of meaningful connections between alumni and current members, facilitating mentorship and networking opportunities that benefit both groups. This connection not only enriches the students' educational experience but also strengthens the fraternity's legacy through shared knowledge and resources. Ultimately, Gamma Theta Incorporated’s impact extends beyond housing; it cultivates lifelong bonds and supports the growth of future leaders.




This information is meant to be a general summary of Gamma Theta Incorporated. 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
$617,511 (2022)
Expenses
$746,205 (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: $615,806
  • Gross Receipts: $617,511

Assets and Liabilities:

  • Total Assets: $2,790,903
  • Total Liabilities: $1,989,918
  • Net Assets: $800,985

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HOUSING

Revenue

$346,011

MEALS

Revenue

$274,490

OTHER

Revenue

-$4,695

Organization Details

Founding Year

1947

Principal Officer

Jay Cook

Main Address

PO BOX 1880, TUSCALOOSA, AL, 354011880

NTEE Category

Code: B83 - Education

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