Overview
What is Theta Zeta House Corporation?
Theta Zeta House Corporation is a nonprofit organization situated in Cleveland, Tennessee. Their primary role is to manage and oversee a property, which serves as the residence for the Theta Zeta Chapter of Phi Mu Fraternity at the Georgia Institute of Technology. This women's organization is dedicated to fostering personal academic development and community service among its members. The nonprofit's activities primarily involve the operation and rental of this real estate, providing room, board, and facilities for the fraternity's use. With a small team of two employees, Theta Zeta House Corporation carries out its mission effectively.
Is Theta Zeta House Corporation legitimate?
Theta Zeta House Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Theta Zeta 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: $68,172
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What is the mission statement of Theta Zeta House Corporation?
The Theta Zeta House Corporation primarily serves as the property owner for the Theta Zeta Chapter of Phi Mu Fraternity. Its primary mission is to manage and rent out this real estate property. Phi Mu Fraternity, a women's organization, focuses on providing academic support and community service opportunities for its members. The Theta Zeta House Corporation's role directly contributes to this mission by offering suitable living spaces for Phi Mu Fraternity members at the Georgia Institute of Technology. The corporation's activities are aimed at covering the expenses associated with the property's operation, including room and board, and associated activities for the Phi Mu Fraternity members.
What is the revenue of Theta Zeta House Corporation?
Theta Zeta House Corporation's revenue in 2024 was $548,677.
Who are the executives of Theta Zeta House Corporation and what are their salaries?
The average compensation at Theta Zeta House Corporation during 2024 was $34,086. There are 2 employees and 9 volunteers at Theta Zeta House Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Theta Zeta House Corporation?
Theta Zeta House Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Theta Zeta House Corporation
Theta Zeta House Corporation, as an entity, is dedicated to owning and managing real estate primarily for the benefit of the Theta Zeta Chapter of Phi Mu Fraternity. This women's organization emphasizes personal academic development and extends its reach through acts of service to others. As such, Theta Zeta House Corporation's mission revolves around facilitating a suitable living and activity space for the members of Phi Mu Fraternity at the Georgia Institute of Technology. The corporation's purpose is to oversee the operational costs and expenses associated with the property, including room and board, and other activities related to the rental usage by the fraternity members.
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Impact
October, 2024
Theta Zeta House Corporation significantly impacts the Theta Zeta Chapter of Phi Mu Fraternity by providing essential housing and facilities that support the educational and social development of its members. By owning and managing real estate specifically for the fraternity, the organization ensures that members have a dedicated space for living, learning, and engaging in community service.
This infrastructure not only enhances the experience of the fraternity members at the Georgia Institute of Technology but also fosters a sense of belonging and camaraderie among them. It facilitates academic interactions and personal growth through organized activities and programs. The financial management and operational responsibilities handled by the Theta Zeta House Corporation allow the fraternity to focus on its core mission of academic excellence and service, ultimately contributing to the overall development of young women who are future leaders and engaged citizens.
This information is meant to be a general summary of Theta Zeta 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 2024.
- Investment Income: $8
- Program Service Revenue: $548,669
- Gross Receipts: $548,677
Assets and Liabilities:
- Total Assets: $954,299
- Total Liabilities: $109,797
- Net Assets: $844,502
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Housing
Revenue
$548,669
Organization Details
Founding Year
2000
Principal Officer
Margaret Kelley
NTEE Category
Code: B83 - Education
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