North Carolina Beta Foundation Inc

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

EIN: 582117674 ✦ Chapel hill, NC ✦ Designated as a 501(c)(7)

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Overview

What is North Carolina Beta Foundation Inc?

North Carolina Beta Foundation Inc, situated in Chapel Hill, North Carolina, operates primarily as a housing provider for members of the Phi Delta Theta fraternity. This nonprofit organization's mission extends beyond just providing accommodation; it also fosters social and fraternal interactions among its alumni members. The foundation collects rental income to sustain its operations and support the fraternity's residential needs.

Is North Carolina Beta Foundation Inc legitimate?

North Carolina Beta Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. North Carolina Beta Foundation 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

For more financial information, click here

What is the mission statement of North Carolina Beta Foundation Inc?

The North Carolina Beta Foundation Inc's mission is primarily focused on fostering social and fraternal engagement among its alumni members, specifically those associated with the Phi Delta Theta fraternity. Additionally, the foundation serves as a provider of a fraternal house for these fraternity members. The revenue generated from rent collected from the Phi Delta Theta fraternity is utilized to maintain this housing facility.

Who is the CEO of North Carolina Beta Foundation Inc?

Richard Zyczkiewicz is the Director of North Carolina Beta Foundation Inc.

What is the revenue of North Carolina Beta Foundation Inc?

North Carolina Beta Foundation Inc's revenue in 2022 was $68,312.

Who are the executives of North Carolina Beta Foundation Inc and what are their salaries?


Here are 12 key members and their salaries:


John Bratton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliott Brewer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Chesson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Gravely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Gunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hk Hallet Ii (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Jones (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack R Magee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Nash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Selmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Zyczkiewicz (Director/Tre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for North Carolina Beta Foundation Inc?

North Carolina Beta Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of North Carolina Beta Foundation Inc

North Carolina Beta Foundation Inc, a nonprofit organization, is dedicated to fostering social and fraternal connections among its members, primarily alumni of the Phi Delta Theta fraternity. One of its primary objectives is to provide a fraternal residence for these members, serving as a hub for their interactions and camaraderie. The foundation achieves this by collecting rental income from the Phi Delta Theta fraternity, using the proceeds to maintain and manage the fraternity house. This mission of North Carolina Beta Foundation Inc enables its alumni members to maintain strong bonds and a sense of community, while ensuring they have a suitable place to call home during their fraternity activities.

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Impact




October, 2024

North Carolina Beta Foundation Inc fosters a vibrant community for alumni and current members of the Phi Delta Theta Fraternity through promoting social and fraternal interaction. By providing a dedicated fraternal house in Chapel Hill, it facilitates a sense of belonging and camaraderie among its members. The foundation ensures that housing remains accessible and supportive by collecting rent from fraternity activities, which directly enhances the living experience and engagement opportunities. This commitment not only strengthens friendships and networks among members but also enriches the overall educational and social development of those involved, nurturing lifelong connections.




This information is meant to be a general summary of North Carolina Beta Foundation 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
$68,312 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Gross Receipts: $219,237

Assets and Liabilities:

  • Total Assets: $1,315,837
  • Total Liabilities: $0
  • Net Assets: $1,315,837

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Organization Details

Founding Year

1936

Principal Officer

Richard Zyczkiewicz

Main Address

210 N COLUMBIA STREET, CHAPEL HILL, NC, 27514

NTEE Category

Code: B83 - Education

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