Iota Eta Housing Corporation
- Assets
- $8.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 09/2007
- Data as of
- 06/2023
- EIN
- 30-0350075
Organization Overview
Iota Eta Housing Corporation is located in Palo Alto, CA. The organization was established in 2007. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iota Eta Housing Corporation 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, Iota Eta Housing Corporation generated $61.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $65.6k during the year ending 06/2023. 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
THE ORGANIZATION NEGOTIATED ALL MATTERS RELATED TO THE LEASING OF PROPERTY AT THE UNIVERSITY OF THE PACIFIC;PROVIDED OVERSIGHT OF THE HOUSE PROJECT ACCOUNT, PROVIDING OVERSIGHT OF THE HOUSE MEAL PLAN;PROVIDED DIRECTION, AND COLLABORATING WITH THE UNIVERSITY ON FACILITY IMPROVEMENTS;PROVIDED GUIDELINES TO THE UNDERGRADUATE CHAPTER ON MAINTAINING THE FRATERNITY HOUSE AND ITS BELONGINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Smith President | 1 | $0 | |
George Adams Secretary | 1 | $0 | |
John Sayer Director | 1 | $0 | |
Chris Tredennick Director | 1 | $0 | |
Sundeep Ambati Director | 1 | $0 | |
Andrew Qualls Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $61,847 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,847 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,007 |
| Professional fees and other payments to independent contractors | $2,626 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $31 |
| Other expenses | $24,913 |
| Total expenses | $65,577 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,914 |
| Other assets | $0 |
| Total assets | $8,445 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,445 |