Beta Theta Pi Fraternity

Not tax-deductible

Oxford, OH501(c)(7)Since 1839Mutual / membership EIN 31-0531047Revenue $7.5M in FY2025Latest return filed Apr 3, 2026

On file with the IRSbeta.orgOxford, OHTax-exempt since Feb 1941

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Beta Theta Pi Fraternity promotes and develops intellect and culture.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0531047) · Dispute this line
501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
Run by 2,018 volunteers and 51 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $158K a year · 2% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$1.1M
to officers and key staff · 16% of spending
Pay to officers and key staff is 16% of spending.
Part VII, Section A
3.8 mo
of spending, in cash
3.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1.7M
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$4.8M
69% of total assets
Liabilities are 69% of assets.
Pt X · Ln 26
Independent board members
13
of 13 voting members
13 of 13 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$7.5M
+0.4% vs prior year
Spent
$7.1M
Net assets
$2.2M
By yearFY2020–FY2025
Revenue
$7.5M
FY2025+0.4%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.8M
FY2021$4.9M
FY2022$6.3M
FY2023$6.4M
FY2024$7.5M
FY2025$7.5M
Expenses
$7.1M
FY2025▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.9M
FY2021$4.6M
FY2022$6.3M
FY2023$7.6M
FY2024$6.7M
FY2025$7.1M
Net assets
$2.2M
FY2025▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.0M
FY2021$7.4M
FY2022$7.0M
FY2023$1.1M
FY2024$1.9M
FY2025$2.2M

From the FY2025 Form 990 (year ending May 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1941.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

20 people listed on the 990; $1.1M paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Chief Executive Officer
$304,452Pt VII · Sec A
Chief Foundation Officer
$179,066Pt VII · Sec A
Chief Financial Officer
$152,625Pt VII · Sec A
Chief Housing Officer
$146,709Pt VII · Sec A
Director of Media Relation
$118,513Pt VII · Sec A
Chief Communications Offic
$116,458Pt VII · Sec A
Chief Strategy Officer
$116,458Pt VII · Sec A
Board of Trustee Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jeff Rundle$304,452$234,141$368,913———
Rundle Jeff———$257,519$205,268$228,362
Phil Fernandez$179,066$142,468$139,022———
Cobb Martin———$178,558$148,064$152,925
Hanlon Pete———$175,516——
Martin Cobb$116,458$156,619$171,980———
Austin Marple$152,625—————
John Reineke$146,709$108,865————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Beta Theta Pi Fraternity executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops intellect and culture through fraternity programs.

Questions for Beta Theta Pi Fraternity

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3 programs · in their own filed words · FY2024
01

Host an annual organizational convention to develop members and volunteers and facilitate the annual business meeting of the Fraternity.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0531047) · Dispute this line
Pt IX · Ln 25 · col B
02

Chapter Operations

Maintaining and supporting quality chapters across north america.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0531047) · Dispute this line
Pt IX · Ln 25 · col B
03

Leadership development programs for collegiate members and volunteers.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0531047) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$1.7M
Grants paid · 2 grants · $430K · 2020–2022
219 Church Street OxfordOH · FY2022$400,000
The Piazza Center Co Penn StateFY2020$30,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$7.5M
Ln 12
Fees for servicesLn 2g$5.3M
Gifts and grantsLn 1h$1.9M
Other incomeLn 4–11$304K
Money outPt IX
$7.1M
Ln 25
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$2.3M
Total assetsLn 16$7.0M
LiabilitiesLn 26$4.8M
PeoplePt VI, VII
20
listed · VII A
PaidVII A7
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Fees for servicesLn 2g$5.3M
Investment incomeLn 3$63K
Other incomeLn 4–11$304K
Gains on assetsLn 7$32K
Total revenueLn 12$7.5M
Assets in detailPt X, end of year
SavingsLn 2$2.3M
Cash and savings togetherLn 1–2$2.3M
Accounts receivableLn 4$232K
Prepaid expenses and deferred chargesLn 9$549K
Land, buildings, equipmentLn 10c$27K
InvestmentsLn 11–13$1.9M
Other assetsLn 15$2.0M
Total assetsLn 16$7.0M
LiabilitiesLn 26$4.8M
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 551
VolunteersI 62,018
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$7K
Share of the $27.0M endowmentSch D 1g0.02%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$27.0M$23.9M$21.4M$22.6M$23.4M
AddedLn 1b$1.9M$297K$177K$412K$316K
SpentLn 1d–1f$1.1M$945K$1.1M$846K$974K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.5M$2.3M
InvestmentsLn 11–13$1.7M$1.9M
Land, buildings, equipmentLn 10c$81K$27K
Total assetsLn 16$6.7M$7.0M
LiabilitiesLn 26$4.8M$4.8M
Net assetsLn 32$1.9M$2.2M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4K
Pay of officers and key staff (Part IX, line 5)Ln 5$533K
Other salaries and wagesLn 7$1.7M
Pension plan contributionsLn 8$103K
Other employee benefitsLn 9$437K
Payroll taxesLn 10$287K
Legal feesLn 11b$103K
Accounting feesLn 11c$57K
Investment management feesLn 11f$7K
Other fees for servicesLn 11g$95K
Advertising and promotionLn 12$577
Office expensesLn 13$678K
Information technologyLn 14$357K
OccupancyLn 16$731K
TravelLn 17$512K
Conferences, conventions and meetingsLn 19$914K
InterestLn 20$2K
Depreciation, depletion and amortizationLn 22$17K
InsuranceLn 23$441K
Other expenses (24a–d)Ln 24$201K
Total functional expensesLn 25$7.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Apr 3, 2026 $7.5M$7.1M$341K$2.2M 990 PDF
FY2024Filed with the IRS Apr 14, 2025 $7.5M$6.7M$792K$1.9M 990 PDF
FY2023Filed with the IRS Apr 11, 2024 $6.4M$7.6M−$1.2M$1.1M 990 PDF
FY2022Filed with the IRS Apr 11, 2023 $6.3M$6.3M−$80K$7.0M 990 PDF
FY2021Filed with the IRS Apr 13, 2022 $4.9M$4.6M$309K$7.4M 990 PDF
FY2020Filed with the IRS Mar 24, 2021 $6.8M$5.9M$819K$6.0M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants J · Pay O · Explanations
See the full FY2025 990
Part I · Summary $7,486,882 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,250,607$1,869,530
I-9 Program service revenuePrior year $4,917,675$5,250,393
I-10 Investment incomePrior year $21,264$95,050
I-11 Other revenuePrior year $264,021$271,909
I-12 Total revenuePrior year $7,453,567$7,486,882
I-13 Grants and similar amounts paidPrior year $500$4,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,640,056$3,027,870
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,021,194$4,113,668
I-18 Total expensesPrior year $6,661,750$7,145,538
I-19 Revenue less expensesPrior year $791,817$341,344
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,486,882 across 10 lines filed
Lines not itemized here account for $9,234 of total revenue; see the IRS return.
VIII-1d Related organizations$1,677,730
VIII-1f All other contributions, gifts and grants$191,800
VIII-1h Total contributions, gifts and grants$1,869,530
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,250,393$5,250,393
VIII-3 Investment incomeUnrelated business $62,721$62,721
VIII-5 RoyaltiesUnrelated business $244,731$244,731
VIII-6 Net rental income or lossRelated to mission $9,357$9,357
VIII-7 Net gain or loss on sales of assetsUnrelated business $32,329$32,329
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $8,587$8,587
VIII-12 Total revenueRelated to mission $5,277,571 · Unrelated business $339,781 · Excluded from tax $0$7,486,882
Part IX · Statement of functional expenses $7,145,538 across 20 lines filed
IX-1 Grants to domestic organizations$4,000
IX-5 Pay of officers and key staff (Part IX, line 5)$532,920
IX-7 Other salaries and wages$1,667,280
IX-8 Pension plan contributions$103,030
IX-9 Other employee benefits$437,296
IX-10 Payroll taxes$287,344
IX-11b Legal fees$102,889
IX-11c Accounting fees$57,177
IX-11f Investment management fees$6,682
IX-11g Other fees for services$95,220
IX-12 Advertising and promotion$577
IX-13 Office expenses$678,466
IX-14 Information technology$356,587
IX-16 Occupancy$730,510
IX-17 Travel$511,649
IX-19 Conferences, conventions and meetings$914,094
IX-20 Interest$1,550
IX-22 Depreciation, depletion and amortization$16,605
IX-23 Insurance$440,745
IX-24 Other expenses (24a–d)$200,917
IX-25 Total functional expenses$7,145,538
Part X · Balance sheet $6,953,866 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $125$0
X-2 Savings and temporary cash investmentsStart of year $1,489,573$2,265,527
X-4 Accounts receivableStart of year $399,425$231,640
X-9 Prepaid expenses and deferred chargesStart of year $368,851$549,240
X-10c Land, buildings and equipment, netStart of year $81,427$27,026
X-11 Publicly traded securitiesStart of year $1,671,696$1,869,294
X-15 Other assetsStart of year $2,703,498$2,011,139
X-16 Total assetsStart of year $6,714,595$6,953,866
X-17 Accounts payable and accrued expensesStart of year $457,678$510,069
X-19 Deferred revenueStart of year $20,863$5,491
X-23 Secured mortgages and notes payableStart of year $69,142$66,744
X-25 Other liabilitiesStart of year $4,260,759$4,197,076
X-26 Total liabilitiesStart of year $4,808,442$4,779,380
X-27 Net assets without donor restrictionsStart of year $1,906,153$2,174,486
X-32 Total net assets or fund balancesStart of year $1,906,153$2,174,486
X-33 Total liabilities and net assetsStart of year $6,714,595$6,953,866
Part XI · Reconciliation of net assets $2,174,486 net assets at year end
XI-1 Total revenue$7,486,882
XI-2 Total expenses$7,145,538
XI-3 Revenue less expenses$341,344
XI-4 Net assets at start of year$1,906,153
XI-5 Net unrealized gains (losses) on investments−$73,011
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,174,486

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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