Texas Rho Fraternity Corporation

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

EIN: 741130611 ✦ Austin, TX ✦ Designated as a 501(c)(7)

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Overview

What is Texas Rho Fraternity Corporation?

Texas Rho Fraternity Corporation is a nonprofit organization located at 2414 Pearl Street, Austin, Texas. With a team of 14 dedicated individuals, their primary mission is to uphold the highest standards of friendship, scholarship, and service for their 185 members. They achieve this by organizing weekly chapter meetings during the school year and hosting approximately two to three social gatherings each month. This social and fellowship-focused approach aims to support their members in achieving their educational aspirations and goals. The organization's headquarters in Austin serves as a hub for the fraternity, fostering a strong sense of community among its members.

Is Texas Rho Fraternity Corporation legitimate?

Texas Rho Fraternity Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Texas Rho Fraternity 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $285,755

For more financial information, click here

What is the mission statement of Texas Rho Fraternity Corporation?

The mission of Texas Rho Fraternity Corporation is to uphold the highest standards of camaraderie, intellectual growth, and community service for its members. This mission is inspired by the ideals established by the organization's founders, as outlined in its principles. The corporation strives to support its 185 members by organizing weekly chapter meetings during the academic year and hosting approximately two to three social events each month, providing opportunities for social interaction and fellowship.

Who is the CEO of Texas Rho Fraternity Corporation?

Jack Ferruzzo is the President of Texas Rho Fraternity Corporation.

What is the revenue of Texas Rho Fraternity Corporation?

Texas Rho Fraternity Corporation's revenue in 2022 was $1,682,670.

Who are the executives of Texas Rho Fraternity Corporation and what are their salaries?

The average compensation at Texas Rho Fraternity Corporation during 2022 was $20,411. There are 14 employees and 200 volunteers at Texas Rho Fraternity Corporation.


Here are 9 key members and their salaries:


Jack Ferruzzo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rosenberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackson Griggs (House Manage)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Haas (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Beecherl (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Boyles (New Member E)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Scheps (New Member E)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anders Odegard (Risk Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Dewalch (Permit Coord)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Texas Rho Fraternity Corporation?

Texas Rho Fraternity Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Texas Rho Fraternity Corporation

Texas Rho Fraternity Corporation, a prestigious organization, is committed to upholding the highest standards of camaraderie, academic excellence, and community service for its 185 members. Drawing inspiration from its founders' principles, the corporation's mission is to foster an environment that nurtures friendship, scholarly pursuits, and selfless service. This mission is geared towards empowering each member to achieve their educational aspirations and personal goals.

The organization strives to provide a conducive social atmosphere, offering weekly chapter meetings during the academic year and hosting approximately two to three social gatherings every month. These activities aim to strengthen the bond between members, fostering a sense of unity and shared purpose. Through these engagements, Texas Rho Fraternity Corporation seeks to cultivate well-rounded individuals who are not only academically proficient but also socially responsible and committed to serving their communities.

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Impact




October, 2024

Texas Rho Fraternity Corporation fosters a vibrant community that significantly enhances the educational and social experience of its members in Austin, Texas. By organizing weekly chapter meetings and multiple social gatherings each month, the organization creates an environment where around 185 members can engage in meaningful fellowship and collaboration.

The fraternity is dedicated to supporting its members' educational aspirations and goals, providing a framework that encourages academic achievement alongside personal growth. The principles of friendship, scholarship, and service are at the core of its mission, guiding initiatives that promote a high standard of conduct and responsibility among members. Through these efforts, Texas Rho Fraternity Corporation not only enhances individual experiences but also builds a strong network of support that lasts well beyond college years. The fraternity's commitment to community-building and educational support creates a lasting impact on its members’ lives.




This information is meant to be a general summary of Texas Rho Fraternity 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.

Revenue
$1,682,670 (2022)
Expenses
$1,718,378 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $438
  • Program Service Revenue: $1,542,713
  • Gross Receipts: $2,038,403

Assets and Liabilities:

  • Total Assets: $657,671
  • Total Liabilities: $331,865
  • Net Assets: $325,806

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Programs

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

MEMBERSHIP DUES

Revenue

$1,270,416

MEAL SERVICE - MEMBERS

Revenue

$272,297

Organization Details

Founding Year

1882

Principal Officer

Jack Ferruzzo

Main Address

2414 PEARL ST, AUSTIN, TX, 787054712

NTEE Category

Code: B83 - Education

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