Overview
What is The Beta Corporation Inc?
The Beta Corporation Inc is a nonprofit organization with a specific mission. It is responsible for managing financial obligations and performing regular maintenance for the fraternity house associated with the Delta Zeta Chapter of Beta Theta Pi Fraternity. This social fraternity serves as its primary focus, and the corporation ensures that the necessary payments are made and the property is well-maintained. Despite not providing extensive services or resources, its role in supporting the fraternity house remains significant within the fraternity community.
Is The Beta Corporation Inc legitimate?
The Beta Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. The Beta Corporation 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 The Beta Corporation Inc?
The Beta Corporation Inc's primary role is to manage the financial obligations and ensure regular maintenance of the fraternity house belonging to the Delta Zeta chapter of Beta Theta Pi Fraternity, a social fraternity. While the provided information does not explicitly state a mission statement, it can be inferred that the corporation's mission is centered around supporting this specific fraternity chapter by handling their financial commitments and ensuring the upkeep of their living space. It should be noted that the corporation is no longer active or in operation.
What is the revenue of The Beta Corporation Inc?
The Beta Corporation Inc's revenue in 2021 was -$179,832.
Who are the executives of The Beta Corporation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for The Beta Corporation Inc?
The Beta Corporation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of The Beta Corporation Inc
The Beta Corporation Inc, as per its mission, is tasked with making the necessary note payments and ensuring regular maintenance for the fraternity house of the Delta Zeta Chapter of Beta Theta Pi Fraternity. This social fraternity relies on the corporation's support to maintain its living quarters, ensuring a comfortable environment for its members. The corporation's role is crucial in upholding the fraternity's operational and financial stability, thereby contributing to the overall well-being of its members.
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Impact
October, 2024
The Beta Corporation Inc had a significant impact on the Delta Zeta Chapter of Beta Theta Pi fraternity by managing the financial obligations associated with the fraternity house and ensuring its upkeep through routine maintenance. By making note payments, the corporation helped to maintain the financial stability of the chapter, allowing members to focus on their academic and social endeavors. Additionally, the provision of maintenance services contributed to a safer and more welcoming living environment for fraternity members, fostering community engagement and personal development. Although the organization is no longer active, its contributions to community improvement and support for the brotherhood of Beta Theta Pi had lasting effects on the fraternity community in Auburn, AL.
This information is meant to be a general summary of The Beta Corporation 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 2021.
- Investment Income: -$122,581
- Gross Receipts: $545,297
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1962
Principal Officer
Mike Waldrop
NTEE Category
Code: S47 - Community improvement
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