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Kappa Deuteron Foundation Inc

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

EIN: 586070631 ✦ Athens, GA ✦ Designated as a 501(c)(2)

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Overview

What is Kappa Deuteron Foundation Inc?

Kappa Deuteron Foundation Inc, based in Athens, Georgia, serves as the house corporation for the Phi Gamma Delta fraternity in the same area. Their primary mission is to provide a suitable residence lodge for the local chapter of this fraternity. In essence, they ensure the upkeep and maintenance of the fraternity's house in Athens, Georgia. This nonprofit organization plays a significant role in supporting the local Phi Gamma Delta fraternity by maintaining its house corporation.

Is Kappa Deuteron Foundation Inc legitimate?

Kappa Deuteron Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Kappa Deuteron 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 Kappa Deuteron Foundation Inc?

The Kappa Deuteron Foundation Inc's primary role is to oversee the maintenance of a residence lodge for the Phi Gamma Delta fraternity, located in an unspecified location. Essentially, the foundation's mission is to ensure the fraternity has a suitable living space. This is accomplished by serving as the house corporation for the Phi Gamma Delta fraternity in Athens, Georgia. The foundation's activities are primarily focused on maintaining and managing the fraternity's house, providing a home for its members.

Who is the CEO of Kappa Deuteron Foundation Inc?

William Douglas Iv is the President of Kappa Deuteron Foundation Inc.

What is the revenue of Kappa Deuteron Foundation Inc?

Kappa Deuteron Foundation Inc's revenue in 2023 was $302,104.

Who are the executives of Kappa Deuteron Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Darren Devore (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Douglas Iv (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kappa Deuteron Foundation Inc?

Kappa Deuteron Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Kappa Deuteron Foundation Inc

Kappa Deuteron Foundation Inc, a nonprofit organization, is dedicated to maintaining a house corporation for the Phi Gamma Delta fraternity located in Athens, Georgia. In simpler terms, the foundation's mission is to provide a residence lodge for this specific fraternity, ensuring a comfortable and conducive living environment for its members. The foundation plays a pivotal role in supporting the fraternity by offering a secure and well-maintained home, thereby contributing to the overall fraternity experience.

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Impact




October, 2024

Kappa Deuteron Foundation Inc significantly influences the local Phi Gamma Delta fraternity community in Athens, Georgia, by maintaining the house corporation that provides a residence lodge for its members. This support not only facilitates a safe and conducive living environment for fraternity activities but also enhances educational and social experiences for its members. By ensuring well-maintained housing, the foundation contributes to a sense of belonging and community, fostering leadership and camaraderie among students. Their commitment helps cultivate an enriching atmosphere where educational pursuits and personal development can thrive, thereby positively impacting both the fraternity and the broader campus environment.




This information is meant to be a general summary of Kappa Deuteron 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
$302,104 (2023)
Expenses
$299,172 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1
  • Program Service Revenue: $302,103
  • Gross Receipts: $302,104

Assets and Liabilities:

  • Total Assets: $1,750,581
  • Total Liabilities: $1,173,106
  • Net Assets: $577,475

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Programs

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

RENTAL INCOME

Revenue

$302,103

Organization Details

Founding Year

1980

Principal Officer

William Douglas Iv

Main Address

PO BOX 248, ATHENS, GA, 30603

NTEE Category

Code: B83I - Education

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