Beta Theta Pi Fraternity
- Assets
- $10.7m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 51
- Location
- Oxford, OH
- Founding
- 02/1941
- Data as of
- 05/2022
- EIN
- 31-0531047
Organization Overview
Beta Theta Pi Fraternity is located in Oxford, OH. The organization was established in 1941. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. As of 05/2022, Beta Theta Pi Fraternity employed 51 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Beta Theta Pi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2022, Beta Theta Pi Fraternity generated $6.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $6.3m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BETA THETA PI FRATERNITY DEVELOPS MEN OF PRINCIPLE FOR A PRINCIPLED LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP DEVELOPMENT PROGRAMS FOR COLLEGIATE MEMBERS AND VOLUNTEERS.
CHAPTER OPERATIONS: MAINTAINING AND SUPPORTING QUALITY CHAPTERS ACROSS NORTH AMERICA
HOST AN ANNUAL ORGANIZATIONAL CONVENTION TO DEVELOP MEMBERS AND VOLUNTEERS AND FACILITATE THE ANNUAL BUSINESS MEETING OF THE FRATERNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rundle Jeff Executive Director | Officer | 30 | $257,519 |
Cobb Martin Chief Communications Officer | 26 | $178,558 | |
Hanlon Pete Director Of Information Technology | 30 | $175,516 | |
Emmerth Anne Chief Strategy Officer | 30 | $139,350 | |
Fernandez Phil Chief Foundation Officer | 4 | $126,437 | |
Reineke John Chief Housing Officer | 4 | $105,090 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $912,162 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $268,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,180,552 |
| Total Program Service Revenue | $4,556,603 |
| Investment income | $195,412 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $236,438 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $74,965 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,148 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,268,729 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $575,354 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,608,392 |
| Pension plan accruals and contributions | $64,611 |
| Other employee benefits | $303,664 |
| Payroll taxes | $249,764 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $172,845 |
| Fees for services: Accounting | $45,073 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,168 |
| Fees for services: Other | $224,027 |
| Advertising and promotion | $244 |
| Office expenses | $625,407 |
| Information technology | $213,267 |
| Royalties | $0 |
| Occupancy | $587,071 |
| Travel | $542,494 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $384,187 |
| Interest | $1,024 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,412 |
| Insurance | $516,563 |
| All other expenses | $0 |
| Total functional expenses | $6,349,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,029,993 |
| Savings and temporary cash investments | $2,011,831 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $864,641 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $282,441 |
| Net Land, buildings, and equipment | $87,501 |
| Investments—publicly traded securities | $5,397,380 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,059,798 |
| Total assets | $10,733,585 |
| Accounts payable and accrued expenses | $491,960 |
| Grants payable | $0 |
| Deferred revenue | $16,194 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $64,436 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,190,118 |
| Total liabilities | $3,762,708 |
| Net assets without donor restrictions | $6,970,877 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,733,585 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beta Theta Pi Fraternity has recieved totaling $912,162.
| Awarding Organization | Amount |
|---|---|
Beta Theta Pi Foundation Oxford, OH PURPOSE: LEADERSHIP DEVELOPMENT | $912,162 |
Endowment Analysis
| Beg. Balance | $23,374,486 |
| Earnings | -$380,239 |
| Net Contributions | $412,351 |
| Other Expense | $845,773 |
| Ending Balance | $22,560,825 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sigma Theta Tau International Inc Indianapolis, IN | $54,290,357 | $14,050,020 |
Beta Theta Pi Fraternity Oxford, OH | $3,680,117 | $8,942,106 |
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Beta Theta Pi Fraternity Oxford, OH | $10,733,585 | $6,268,729 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Delta Gamma Foundation Columbus, OH | $43,080,592 | $13,458,880 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Sigma Tau Gamma Fraternity Indianapolis, IN | $5,058,507 | $3,953,336 |
Delta Tau Delta Educational Foundation Inc Fishers, IN | $27,163,598 | $7,019,094 |
Alpha Sigma Phi Fraternity Inc Carmel, IN | $4,417,023 | $3,578,190 |
Richmond Property Group Ltd Indianapolis, IN | $27,750,177 | $3,183,592 |