NonprofitsIota Phi Theta Fraternity Inc

Iota Phi Theta Fraternity Inc

BALTIMORE, MD

Total revenue

$1.6M

Total expenses

$1.6M

Net assets

$586K

Grants received

$495K

4 grants

EIN

223077558

Tax year

2024

Mission

The purpose of Iota Phi Theta Fraternity, Inc. is to develop and perpetuate scholarship, leadership, citizenship, fidelity, and brotherhood among men to engage in cultural, educational, and service activities that will provide economic, scholastic, and social enrichment, particularly for people of color and to prepare the brotherhood of the Fraternity for future leadership and professional advancement opportunities through networking, training, and development.

Financials

FY 2024

Revenue

Contributions & grants$822K
Program service revenue$758K
Investment income
Other revenue
Total revenue$1.6M

Expenses

Grants paid
Salaries & benefits$95K
Fundraising
Other expenses$1.5M
Total expenses$1.6M
Total assets$826K
Net assets$586K

People

12 listed

NameRoleCompensation

Sean D Housen Sr

President & CEO

Board

20 hrs/wk

Orlando Grant

Director

Board

20 hrs/wk

Brian Love

Chairman

Board

20 hrs/wk

Donald Coulter

Director

Board

20 hrs/wk

Keenan Saulter Esq

Director

Board

20 hrs/wk

Christoper Catching EdD

Director

Board

20 hrs/wk

Dr Christopher Greggs

Director

Board

20 hrs/wk

Bennett Izeh JD

Director

Board

20 hrs/wk

Myron Covington

Vice President

Board

20 hrs/wk

Anthony Harden

Treasurer

Board

20 hrs/wk

Craig Spencer

Secretary

Board

20 hrs/wk

Kevin Bennett

Executive Director

Staff

$84K

40 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$20K
Sponsorship of the 39th Biennial Conclave Awards luncheon
2023
$10K
Sponsorship of the Leadership Conference
2022

Funded by

$495K from 2 funders · 4 grants · 2022–2023

National Council On Aging Inc

$465K · 2 grants · 2022–2023

Aarp

$30K · 2 grants · 2022–2023

Details

EIN223077558
Subsection07
Ruling date1997-07
Formed1968
Employees1
IOTA PHI THETA FRATERNITY INC — Mission, Financials & Grants Received | Grantivo