Beta-Tau House Corporation is located in Valparaiso, IN. The organization was established in 1974. 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. Beta-Tau House Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, Beta-Tau House Corporation generated $190.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 47.3% each year . All expenses for the organization totaled $183.3k during the year ending 08/2023. While expenses have increased by 35.0% per year over the past 4 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
PROVIDE HOUSING FOR MEMBERS OF SIGMA PI FRATERNITY WHO ARE STUDENTS AT VALPARAISO UNIVERSITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Broadfoot President | 5 | $0 | |
Matthew D'abreu Secretary | 1 | $0 | |
Ken Hibben Director | 5 | $0 | |
James Grummer Director | 5 | $0 | |
Warren Ferber Director | 5 | $0 | |
Daniel Rengstorf Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,411 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,320 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,731 |
| 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 | $173,681 |
| Occupancy, rent, utilities, and maintenance | $8,871 |
| Printing, publications, postage, and shipping | $766 |
| Other expenses | $0 |
| Total expenses | $183,318 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,002 |
| Other assets | $0 |
| Total assets | $405,002 |
| Total liabilities | $0 |
| Net assets or fund balances | $405,002 |