Massachusetts Beta Upsilon Association
- Assets
- $282.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 09/1992
- Data as of
- 06/2023
- EIN
- 22-2534422
Organization Overview
Massachusetts Beta Upsilon Association is located in Boston, MA. The organization was established in 1992. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Beta Upsilon Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Massachusetts Beta Upsilon Association generated $24.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $12.3k during the year ending 06/2023. While expenses have increased by 1.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS: THE OBJECTIVE OF THE ASSOCIATION IS TO PROMOTE FRATERNITY AMONG UNDERGRADUATE AND ALUMNI OF SIGMA ALPHA EPSILON FRATERNITY AT BOSTON UNIVERSITY THROUGH FUNCTIONS AND ACTIVITIES AND ASSISTING IN EDUCATIONAL PURPOSES IN SCHOLARSHIP BY SOCIAL FUNCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Phillips President | 0 | $0 | |
Douglas A Mccormack Treasurer | 0 | $0 | |
Michael J Peckman Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,445 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,585 |
| Gain or Loss | $9,546 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,576 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,371 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,373 |
| Other expenses | $5,578 |
| Total expenses | $12,322 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $282,804 |
| Other assets | $0 |
| Total assets | $282,804 |
| Total liabilities | $0 |
| Net assets or fund balances | $282,804 |