Overview
What is Theta Mu Chapter House Corporation?
Theta Mu Chapter House Corporation, often referred to as TMCHC, is a nonprofit organization dedicated to supporting students associated with fraternal organizations. Their primary mission is to provide scholarship funds for everyday educational expenses such as food and textbooks. Initially, a portion of these funds came from the Delta Tau Delta National Fraternity Organization, but due to organizational sanctions on Clemson University's campus, this source no longer exists explicitly. In an effort to establish a new funding base, TMCHC collects rent from the student tenants of their house (regardless of affiliation) and expects contributions from fraternity members, as well as funds raised through philanthropic events and partnerships. The organization's ultimate goal is to help students financially during their academic journey.
Is Theta Mu Chapter House Corporation legitimate?
Theta Mu Chapter House Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Theta Mu Chapter 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:
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What is the mission statement of Theta Mu Chapter House Corporation?
The Theta Mu Chapter House Corporation, often referred to as TMCHC, aims to support students who are part of fraternal organizations with scholarship funds. These funds are intended to cover normal expenses related to their education, such as food and textbooks. This is a testament to TMCHC's commitment to students and its exempt purpose. The organization is currently in the process of establishing a funding base, which will involve collecting funds from various sources. Originally, a portion of the funds came from the Delta Tau Delta National Fraternity Organization, but this has ceased due to organizational sanctions on Clemson University's campus. Consequently, the funding base now aims to be primarily established from rent collected from the student tenants of the house (regardless of organization), as well as contributions expected from fraternity members and fundraising activities, including philanthropic events on campus and partnerships.
What is the revenue of Theta Mu Chapter House Corporation?
Theta Mu Chapter House Corporation's revenue in 2023 was $96,000.
Who are the executives of Theta Mu Chapter House 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 Theta Mu Chapter House Corporation?
Theta Mu Chapter House Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Theta Mu Chapter House Corporation
Theta Mu Chapter House Corporation, often referred to as TMCHC, is a non-profit organization with a mission to support students who are members of fraternal organizations. Its primary goal is to provide scholarship funds that can be utilized for normal educational expenses, such as food and textbooks. This commitment to students and its exempt purpose is evident in TMCHC's operations. The organization is currently in the process of establishing a funding base, which will be sourced from rent collected from student tenants of the house, contributions expected from fraternity members, and proceeds from various fundraising activities, including philanthropic events on campus and potential partnerships. Initially, a portion of the funds came from the Delta Tau Delta National Fraternity Organization. However, this source of funding has ceased due to organizational sanctions on Clemson University's campus.
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Impact
October, 2024
Theta Mu Chapter House Corporation plays a crucial role in supporting students who are part of fraternal organizations by providing scholarship funds aimed at alleviating expenses related to their education. This ensures that students can better manage essential costs such as food and textbooks, thereby enhancing their academic experience.
The organization is focused on establishing a sustainable funding base, primarily derived from rent collected from student tenants. This approach not only generates revenue but also fosters a sense of community among fraternal members. By encouraging contributions from fraternity members and engaging in fundraising activities, TMCHC is dedicated to creating opportunities for students to thrive academically.
Through its commitment to these initiatives, the Theta Mu Chapter House Corporation demonstrates a proactive approach to addressing the financial challenges faced by students, ultimately contributing to their success and well-being in the college environment.
This information is meant to be a general summary of Theta Mu Chapter 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $96,000
- Gross Receipts: $96,000
Assets and Liabilities:
- Total Assets: $514,750
- Total Liabilities: $446,742
- Net Assets: $68,008
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THETA MU CHAPTER HOUSE
Revenue
$96,000
Organization Details
Founding Year
2019
Principal Officer
Joseph Wilson Jr
NTEE Category
Code: B83 - Education
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