Overview
What is Oklahoma Delta Upsilon Corporation?
Oklahoma Delta Upsilon Corporation is a nonprofit organization situated in Norman, Oklahoma. Its primary focus is the management of land, buildings, and equipment at the University of Oklahoma, which serves as housing for the Oklahoma chapter of Delta Upsilon fraternity. The corporation generates revenue through rent payments from the undergraduate chapter, alumni contributions, interest income, and by incurring debt to finance its operations. The collected funds are utilized for purchasing essential equipment, funding insurance, repairing, and maintaining the property.
Is Oklahoma Delta Upsilon Corporation legitimate?
Oklahoma Delta Upsilon Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Oklahoma Delta Upsilon Corporation 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.
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What is the mission statement of Oklahoma Delta Upsilon Corporation?
The Oklahoma Delta Upsilon Corporation manages a property, including a building and equipment, which serves as housing for the Oklahoma chapter of the Delta Upsilon fraternity at the University of Oklahoma. The corporation generates income through rent payments from the undergraduate chapter, alumni contributions, and interest earnings. Additionally, the corporation takes on debt to fund its operations, utilizing the funds to purchase necessary equipment, cover insurance costs, carry out repairs, and ensure regular maintenance of the property.
Who is the CEO of Oklahoma Delta Upsilon Corporation?
Tim Dowd is the President of Oklahoma Delta Upsilon Corporation.
What is the revenue of Oklahoma Delta Upsilon Corporation?
Oklahoma Delta Upsilon Corporation's revenue in 2023 was -$113,587.
Who are the executives of Oklahoma Delta Upsilon Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Oklahoma Delta Upsilon Corporation?
Oklahoma Delta Upsilon Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Oklahoma Delta Upsilon Corporation
Oklahoma Delta Upsilon Corporation, a nonprofit organization, is primarily responsible for managing a property at the University of Oklahoma. This property serves as housing for the Oklahoma chapter of Delta Upsilon fraternity. The corporation's operations are funded through various sources, including rent collected from the undergraduate chapter, contributions from alumni, interest income, and incurring debt. The funds collected are then utilized to purchase necessary equipment, cover insurance expenses, and carry out repairs and maintenance required to maintain the property's operational efficiency. In essence, Oklahoma Delta Upsilon Corporation plays a vital role in ensuring the comfortable and functional living environment for the members of Delta Upsilon fraternity at the University of Oklahoma.
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Impact
October, 2024
Oklahoma Delta Upsilon Corporation plays a significant role in supporting the Oklahoma Chapter of Delta Upsilon Fraternity at the University of Oklahoma by managing essential housing infrastructure. The corporation owns and maintains land, buildings, and equipment that serve as living spaces for fraternity members, directly enhancing their college experience.
Through the rental fees collected from the undergraduate chapter, along with contributions from alumni and interest income, the corporation ensures that the facilities are well-maintained and adequately equipped. This financial management allows ongoing repairs and maintenance, creating a safe and comfortable environment for residents.
Additionally, by facilitating housing for fraternity members, the corporation fosters a supportive community that promotes brotherhood, leadership, and academic success, reinforcing the educational mission of Delta Upsilon. The overall impact of Oklahoma Delta Upsilon Corporation extends beyond mere property management; it contributes to personal development and lifelong connections among its members.
This information is meant to be a general summary of Oklahoma Delta Upsilon Corporation. 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 2023.
- Gross Receipts: $57,981
Assets and Liabilities:
- Total Assets: $1,215,947
- Total Liabilities: $1,378,934
- Net Assets: -$162,987
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Organization Details
Phone
(918) 633-7608Principal Officer
Tim Dowd
Main Address
PO BOX 721784, NORMAN, OK, 730708368
NTEE Category
Code: B83 - Education
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