Form 990 for tax year 2023

Filed by Beta Theta Pi Building Corporation.

Totals

Total revenue: $645,154
Total expenses: $870,743
Contributions and grants received: $72,292
Grants paid: $0
Program service revenue: $545,900
Investment income: $26,962
Other revenue: $0
Total assets, end of year: $6,030,736
Total liabilities, end of year: $4,132,223
Net assets or fund balances, end of year: $1,898,513
Program services expenses (Part IX): $870,743
Management and general expenses: $0
Fundraising expenses: $0
Program service expenses (Part III): not reported

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1c · Fundraising events

$32,005
1f · All other contributions, gifts and grants

$40,287
2a · Program service revenue: Rental Income

total $545,900 · unrelated business $0 · excluded $0
3 · Investment income

total $26,962 · unrelated business $0 · excluded $0
8a · Fundraising events: contributions included on line 1c

$32,005

Functional expenses

Part IX, the statement of functional expenses.

11c · Fees: accounting

total $1,750 · program services $1,750 · management and general $0 · fundraising $0
16 · Occupancy

total $274,411 · program services $274,411 · management and general $0 · fundraising $0
20 · Interest

total $146,667 · program services $146,667 · management and general $0 · fundraising $0
22 · Depreciation, depletion and amortization

total $447,915 · program services $447,915 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $186,329 · end of year $212,574
2 · Savings and temporary cash investments

beginning of year $706,899 · end of year $758,750
3 · Pledges and grants receivable

beginning of year $26,750 · end of year $28,080
10a · Land, buildings and equipment: cost or other basis

$7,467,716
10b · Land, buildings and equipment: accumulated depreciation

$2,436,384
10c · Land, buildings and equipment, net

beginning of year $5,479,247 · end of year $5,031,332
17 · Accounts payable and accrued expenses

beginning of year $5,124 · end of year $25,853
23 · Secured mortgages and notes payable

beginning of year $4,232,310 · end of year $4,106,370
31 · Retained earnings, endowment or other funds

beginning of year $2,161,791 · end of year $1,898,513

Mission and programs · 2023

Mission

Maintain a fraternity house

Maintain a fraternity house.

As filed on the 2023 return.

Listed in Part VII

Stephen Walker

Director/President

Total calculated

$0

Hours/week

3
Greg Colpitts

Director/Treasurer

Total calculated

$0

Hours/week

3
Michael Colvin

Director

Total calculated

$0

Hours/week

0.5
Toni Borelli

Director

Total calculated

$0

Hours/week

0.5
Parker Strickland

Director/Secretary

Total calculated

$0

Hours/week

0.5
Jonah Sloup

Director

Total calculated

$0

Hours/week

0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 27 March 2024
IRS schema version: 2023v5.0
Source object: 202431359349303568

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.