Purple Owl House Corporation

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

EIN: 742688356 ✦ Austin, TX ✦ Designated as a 501(c)(2)

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Overview

What is Purple Owl House Corporation?

The Purple Owl House Corporation, based in Austin, Texas, is a nonprofit organization primarily dedicated to maintaining and managing a fraternity house for the Tau Deuteron Chapter of Phi Gamma Delta, a social fraternity located at the University of Texas at Austin. Their services encompass providing room and board, as well as kitchen services for the fraternity members. The organization's mission is to preserve the property for the exclusive benefit of the Tau Deuteron Chapter, operating under the 501(C)2 exempt status. Beyond property management, the Purple Owl House Corporation is also involved in social activities, serving as a platform for hosting social events for the fraternity members.

Is Purple Owl House Corporation legitimate?

Purple Owl House Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Purple Owl House 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: $0

For more financial information, click here

What is the mission statement of Purple Owl House Corporation?

The Purple Owl House Corporation serves an exclusive purpose, primarily focusing on managing and maintaining property. This property is utilized by the Tau Deuteron Chapter of Phi Gamma Delta, a social fraternity situated at the University of Texas at Austin, which falls under the 501(C)2 exemption. The corporation's primary role is to provide maintenance and management services for the fraternity house, offering room and board, as well as kitchen services, to its members. The mission of the Purple Owl House Corporation is centrally dedicated to supporting the Tau Deuteron Chapter of Phi Gamma Delta.

Who is the CEO of Purple Owl House Corporation?

Gary Mcclure is the Director of Purple Owl House Corporation.

What is the revenue of Purple Owl House Corporation?

Purple Owl House Corporation's revenue in 2022 was $504,307.

Who are the executives of Purple Owl House Corporation and what are their salaries?


Here are 5 key members and their salaries:


Jason Downie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Madera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Snodgrass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Hutcheson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Mcclure (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Purple Owl House Corporation?

Purple Owl House Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Purple Owl House Corporation

Purple Owl House Corporation, a social organization, serves a unique purpose. Its primary mission is to hold title to, manage, and maintain property for the benefit of the Tau Deuteron Chapter of Phi Gamma Delta, a social fraternity based at the University of Texas at Austin. This chapter falls under the 501(c)2 exemption, signifying its social nature. The corporation's role is to provide maintenance and management services for the fraternity house, ensuring that the members of Phi Gamma Delta, Tau Deuteron Chapter, have a suitable home at the university. The services provided by Purple Owl House Corporation extend beyond mere property management. They include offering room and board, and overseeing kitchen services for the fraternity members, thereby fostering a comfortable living environment for the students.

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Impact




October, 2024

Purple Owl House Corporation plays a vital role in fostering community and connection among members of the Phi Gamma Delta fraternity at the University of Texas at Austin. By managing and maintaining the fraternity house, it creates a supportive environment where members can engage in social events and activities, enhancing their college experience and building lifelong friendships. The corporation oversees essential services such as room and board and kitchen facilities, ensuring that fraternity members have the resources they need to thrive academically and socially. Through its commitment to providing a well-maintained space, Purple Owl House Corporation contributes to the overall development of members, promoting leadership, teamwork, and community spirit within the context of fraternity life.




This information is meant to be a general summary of Purple Owl House 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
$504,307 (2022)
Expenses
$476,476 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15
  • Program Service Revenue: $504,000
  • Gross Receipts: $504,307

Assets and Liabilities:

  • Total Assets: $6,481,680
  • Total Liabilities: $0
  • Net Assets: $6,481,680

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Programs

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

RENT INCOME

Revenue

$504,000

Organization Details

Founding Year

1993

Principal Officer

Gary Mcclure

Main Address

PO BOX 4769, AUSTIN, TX, 78765

NTEE Category

Code: S47 - Community improvement

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