Gamma Gamma Properties Inc

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

EIN: 842164785 ✦ Maineville, OH ✦ Designated as a 501(c)(7)

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Overview

What is Gamma Gamma Properties Inc?

Gamma Gamma Properties Inc is a nonprofit organization based in Maineville, Ohio. Its primary purpose is to own and manage a lodge, suite, or fraternity house specifically for the use of Gamma-Gamma Zeta at the University of Cincinnati. In the past, they successfully sued Lambda Realty Inc. to obtain funds that were due to them for fulfilling their mission. In Fiscal Year 2022, Gamma Gamma Properties incurred additional costs by using PODS for storage during their preparations to move to a new chapter house located at 2357 Wheeler Street in Cincinnati, OH. Despite these challenges, the organization continues to uphold its commitment to serving the Gamma-Gamma Zeta fraternity at the University of Cincinnati.

Is Gamma Gamma Properties Inc legitimate?

Gamma Gamma Properties Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Gamma Gamma Properties Inc submitted a form 990EZ, 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.

What is the mission statement of Gamma Gamma Properties Inc?

Gamma Gamma Properties Inc is an organization that primarily manages a lodge, suite, or fraternity house for the use of a specific fraternity, Gamma-Gamma Zeta, at the University of Cincinnati. Their mission, in essence, is to oversee and maintain this facility for the benefit of the fraternity members. They have successfully pursued legal action to secure funds from Lambda Realty Inc, which aided in fulfilling their mission. In the fiscal year 2022, they incurred storage expenses with PODS to prepare for their relocation to a new chapter house located at 2357 Wheeler Street in Cincinnati, OH. Despite the focus on property management, Gamma Gamma Properties Inc remains committed to serving the needs of the Gamma-Gamma Zeta fraternity.

Who is the CEO of Gamma Gamma Properties Inc?

William Harr is the President of Gamma Gamma Properties Inc.

What is the revenue of Gamma Gamma Properties Inc?

Gamma Gamma Properties Inc's revenue in 2023 was $3,161.

Who are the executives of Gamma Gamma Properties Inc and what are their salaries?


Here are 3 key members and their salaries:


William Harr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Harrington (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Gehrum (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Gamma Gamma Properties Inc?

Gamma Gamma Properties Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Gamma Gamma Properties Inc

Gamma Gamma Properties Inc, an organization dedicated to serving Gamma-Gamma Zeta at the University of Cincinnati, owns and manages a lodge, suite, or fraternity house for its members. Its primary mission is to provide a suitable living space for its members, ensuring they have a comfortable and conducive environment during their academic years. The organization has demonstrated its commitment to this mission by engaging in legal proceedings against Lambda Realty Inc to secure necessary funds. In the recent fiscal year, Gamma Gamma Properties Inc incurred storage expenses with PODS as it prepared for its transition to a new chapter house located at 2357 Wheeler Street in Cincinnati, OH. Despite the logistical challenges, the organization remains steadfast in its mission, focusing on the well-being and needs of its members.

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Impact




October, 2024

Gamma Gamma Properties Inc plays a significant role in supporting the Gamma-Gamma Zeta organization at the University of Cincinnati by providing a dedicated lodge and fraternity house. This facility serves as a central hub for members, fostering community, camaraderie, and shared experiences among students.

The organization has demonstrated effective advocacy by successfully pursuing legal action against Lambda Realty Inc., ensuring the necessary funds were allocated to enhance their housing facilities. This strategic approach underscores their commitment to maintaining and improving living conditions for their members.

In preparation for relocating to their new chapter house at 2357 Wheeler Street in Cincinnati, Gamma Gamma Properties has also undertaken logistical planning, including storage management to streamline the transition. This proactive step indicates a strong focus on operational efficiency and member comfort.

In summary, Gamma Gamma Properties Inc significantly enhances the student experience by maintaining a supportive environment for Gamma-Gamma Zeta members, advocating for their needs, and effectively managing resources for their housing operations.




This information is meant to be a general summary of Gamma Gamma Properties 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
$3,161 (2023)
Expenses
$4,393 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $3,161

Assets and Liabilities:

  • Total Assets: $1,656
  • Total Liabilities: $7,500
  • Net Assets: -$5,844

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Organization Details

Principal Officer

William Harr

Main Address

6710 TRILLIUM CT, MAINEVILLE, OH, 45039

NTEE Category

Code: N50 - Recreation

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