Alabama Alpha Inc

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

EIN: 631053272 ✦ Tuscaloosa, AL ✦ Designated as a 501(c)(7)

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Overview

What is Alabama Alpha Inc?

Alabama Alpha Inc, located in Tuscaloosa, Alabama, serves as a housing and support provider for the undergraduate chapter of a national collegiate social fraternity. Their mission is to facilitate interactions between the fraternity's alumni and current members, ensuring a sense of continuity and shared experiences. With a small team of five individuals, Alabama Alpha Inc plays a significant role in nurturing the fraternity's growth and fostering a sense of community among its members.

Is Alabama Alpha Inc legitimate?

Alabama Alpha Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Alabama Alpha 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: $2,346
Other Salaries and Wages: $17,873

For more financial information, click here

What is the mission statement of Alabama Alpha Inc?

Alabama Alpha Inc's primary mission is to provide housing for the undergraduate chapter of the National Collegiate Fraternity. By doing so, they facilitate interactions between the alumni and current undergraduate members, fostering a sense of community and continuity within the fraternity. Their activities extend beyond housing, as they also focus on building relationships between the alumni and the undergraduates, contributing to a supportive and engaging fraternity experience.

Who is the CEO of Alabama Alpha Inc?

Jimmy Screven is the President of Alabama Alpha Inc.

What is the revenue of Alabama Alpha Inc?

Alabama Alpha Inc's revenue in 2023 was $1,404,152.

Who are the executives of Alabama Alpha Inc and what are their salaries?

The average compensation at Alabama Alpha Inc during 2023 was $3,575. There are 5 employees and 2 volunteers at Alabama Alpha Inc.


Here are 2 key members and their salaries:


Phil Lovinguth (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Screven (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alabama Alpha Inc?

Alabama Alpha Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Alabama Alpha Inc

Alabama Alpha Inc, a nonprofit organization, is dedicated to supporting the undergraduate chapter of the National Collegiate Social Fraternity. Its primary mission is to provide housing for these students, offering them a conducive environment for their academic and social growth. Furthermore, Alabama Alpha Inc facilitates interaction between the undergraduate members and the alumni, fostering a sense of community and mentorship. This interaction helps to bridge the gap between the current and former members, creating a sense of continuity and shared experiences within the fraternity.

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Impact




October, 2024

Alabama Alpha Inc plays a vital role in fostering a supportive environment for the undergraduate chapter of a national collegiate social fraternity in Tuscaloosa, Alabama. By providing essential housing, the organization ensures that students have a stable and conducive living arrangement that promotes academic success and personal growth.

Additionally, Alabama Alpha Inc facilitates meaningful interactions between alumni and undergraduate members, enriching the fraternity experience through mentorship and networking opportunities. This connection not only strengthens the bonds within the college community but also cultivates lifelong relationships that extend beyond graduation. The organization significantly enhances the educational and social development of its members, contributing to a vibrant campus culture.




This information is meant to be a general summary of Alabama Alpha 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
$1,404,152 (2023)
Expenses
$1,518,868 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $9,285
  • Program Service Revenue: $1,120,340
  • Gross Receipts: $1,404,152

Assets and Liabilities:

  • Total Assets: $5,469,455
  • Total Liabilities: $3,827,981
  • Net Assets: $1,641,474

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Programs

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

HOUSING

Revenue

$589,225

MEALS

Revenue

$463,117

OTHER

Revenue

$55,448

BUILDING FUND

Revenue

$12,550

Organization Details

Founding Year

1992

Principal Officer

Jimmy Screven

Main Address

PO BOX 1880, TUSCALOOSA, AL, 354011880

NTEE Category

Code: B83 - Education

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