Overview
What is Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation?
Delta Phi Chapter of Theta Chi Fraternity Housing Corporation is a nonprofit organization dedicated to providing a fraternity house for members of the Delta Phi Chapter of Theta Chi Fraternity at the University of North Texas (UNT). Currently, due to a suspension of three years, the fraternity house is rented to Pi Kappa Alpha Fraternity and its housing corporation. The Delta Phi Chapter plans to reclaim the house in November 2023, repairing it during the summer of 2024 for use in the fall. The organization's primary mission is to support the student members of Delta Phi Chapter of Theta Chi Fraternity, ensuring a fraternity house environment for their collective activities.
Is Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation legitimate?
Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Delta Phi Chapter Of Theta Chi Fraternity Housing 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
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What is the mission statement of Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation?
The Delta Phi Chapter of Theta Chi Fraternity Housing Corporation's mission is centered around owning and operating a fraternity house for the benefit of its student members. Currently, due to the suspension of the Delta Phi Chapter at the University of North Texas for three years, the fraternity house is temporarily rented out to the local chapter of Pi Kappa Alpha Fraternity and its housing corporation. However, the Delta Phi Chapter of Theta Chi Fraternity intends to regain control of the house after the spring 2024 semester, following repairs during the summer. Upon their return, the house will once again serve as a home and hub for the Delta Phi Chapter members.
Who is the CEO of Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation?
Vance Maultsby is the President of Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation.
What is the revenue of Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation?
Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation's revenue in 2022 was $109,077.
Who are the executives of Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation?
Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Delta Phi Chapter Of Theta Chi Fraternity Housing Corporation
Delta Phi Chapter of Theta Chi Fraternity Housing Corporation is dedicated to managing a fraternity house for the advantage of student members belonging to the Delta Phi Chapter of Theta Chi Fraternity. Despite the chapter losing its charter and being suspended from the University of North Texas for three years, the corporation continues to maintain the property. In the interim, the fraternity house is being rented to Pi Kappa Alpha Fraternity and its local housing corporation, housing their UNT chapter members and conducting official fraternity functions. The Delta Phi Chapter of Theta Chi Fraternity Housing Corporation plans to regain control of the fraternity house after the spring 2024 semester. During the summer, the house will undergo repairs and be ready for occupancy by the Delta Phi Chapter in the fall of 2024.
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Impact
October, 2024
Delta Phi Chapter of Theta Chi Fraternity Housing Corporation plays a vital role in fostering a supportive and community-driven environment for its student members. By owning and operating a fraternity house, the organization provides a space where members can engage in social, academic, and leadership activities that enhance their college experience.
The impact of the housing corporation is particularly significant following the chapter's suspension from the University of North Texas in early 2019. During this transitional period, the corporation proactively rented the fraternity house to the Pi Kappa Alpha chapter, ensuring that the facilities remained utilized and beneficial to the local collegiate community. This kind of adaptability reflects a commitment to maintaining the fraternity’s legacy and ongoing presence on campus.
Looking ahead, the Delta Phi Chapter is set to regain control of the house in the Fall of 2024. This involves necessary repairs and updates to the property, ensuring it meets the needs of future members. The corporation's dedication to providing safe and accommodating housing will play a crucial part in reinstating the chapter's active status and aiding the reintegration of students back into university life.
Ultimately, the housing corporation not only supports the current members of Delta Phi but also serves as a bridge for future generations of Theta Chi brothers. It cultivates a sense of belonging and brotherhood, which is essential for personal growth and development during the college years.
This information is meant to be a general summary of Delta Phi Chapter Of Theta Chi Fraternity Housing 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 2022.
- Program Service Revenue: $109,077
- Gross Receipts: $109,077
Assets and Liabilities:
- Total Assets: $939,590
- Total Liabilities: $1,161,135
- Net Assets: -$221,545
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FRATERNITY HOUSE RENT
Revenue
$109,077
Organization Details
Founding Year
1955
Phone
(214) 728-7003Principal Officer
Vance Maultsby
Main Address
CO MAULTSBY 668 PROMONTORY LANE, DALLAS, TX, 75208
NTEE Category
Code: B83 - Education
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