Civic Intelligence

Minnesota Beta House Corporation

EIN 41-6048418 • 501(c)2 • Minneapolis, MN

Profile

Provide housing for collegiate fraternity

Refreshing map…

2221 University Ave SE Ste 111Minneapolis, MN 55414

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.55x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)2 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

80th percentile

0.96x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)2 • <$500k nonprofits • Source year 2025

Net Margin

36th percentile

-8.2%

Higher net margin than 36% of similar nonprofits.

501(c)2 • <$500k nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)2 • <$500k nonprofits • Source year 2025

Asset Growth

37th percentile

-12%

Faster asset growth than 37% of similar nonprofits.

501(c)2 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

53rd percentile

-0.0%

Faster revenue growth than 53% of similar nonprofits.

501(c)2 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$296,176

Down $50,806 (-15%) from 2023

Liabilities

Down

$165,629

Down $20,108 (-11%) from 2023

Net Assets

$130,547

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue80th percentileNet Margin36th percentile

Revenue

Up

$149,340

Up $4,822 (+3.3%) from 2023

Expenses

Up

$180,037

Up $19,409 (+12%) from 2023

Net Income

Down

-$30,697

Down $14,587 (-91%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth37th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $451,561Liabilities 2011: $335,7152011Assets 2012: $462,125Liabilities 2012: $329,2142012Assets 2013: $463,453Liabilities 2013: $321,2452013Assets 2014: $468,279Liabilities 2014: $305,7942014Assets 2015: $455,358Liabilities 2015: $298,7342015Assets 2016: $455,477Liabilities 2016: $286,0632016Assets 2017: $453,403Liabilities 2017: $284,1482017Assets 2018: $446,750Liabilities 2018: $265,6522018Assets 2019: $447,154Liabilities 2019: $254,309Net Assets 2019: $192,8452019Assets 2020: $414,861Liabilities 2020: $237,071Net Assets 2020: $177,7902020Assets 2021: $391,138Liabilities 2021: $223,033Net Assets 2021: $168,1052021Assets 2022: $379,838Liabilities 2022: $202,484Net Assets 2022: $177,3542022Assets 2023: $346,982Liabilities 2023: $185,7372023Assets 2024: $296,176Liabilities 2024: $165,629Net Assets 2024: $130,5472024

Highlighted filing

2024

Assets$296,176
Liabilities$165,629
Net Assets$130,547
Open 2024 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2011: $119,805Expenses 2011: $91,902Net Income 2011: $27,9032011Revenue 2012: $120,347Expenses 2012: $103,282Net Income 2012: $17,0652012Revenue 2013: $115,499Expenses 2013: $106,202Net Income 2013: $9,2972013Revenue 2014: $128,055Expenses 2014: $107,778Net Income 2014: $20,2772014Revenue 2015: $112,535Expenses 2015: $118,396Net Income 2015: -$5,8612015Revenue 2016: $125,781Expenses 2016: $112,990Net Income 2016: $12,7912016Revenue 2017: $123,161Expenses 2017: $123,321Net Income 2017: -$1602017Revenue 2018: $136,737Expenses 2018: $124,893Net Income 2018: $11,8442018Revenue 2019: $128,549Expenses 2019: $116,803Net Income 2019: $11,7462019Revenue 2020: $106,461Expenses 2020: $121,516Net Income 2020: -$15,0552020Revenue 2021: $133,307Expenses 2021: $142,992Net Income 2021: -$9,6852021Revenue 2022: $136,609Expenses 2022: $127,359Net Income 2022: $9,2502022Revenue 2023: $144,518Expenses 2023: $160,628Net Income 2023: -$16,1102023Revenue 2024: $149,340Expenses 2024: $180,037Net Income 2024: -$30,6972024

Highlighted filing

2024

Revenue$149,340
Expenses$180,037
Net Income-$30,697
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$296,176
Liabilities
$165,629
Net assets
$130,547
Revenue
$149,340
Expenses
$180,037
Net income
-$30,697
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.96$1.66$1.31$1.49$1.80$0.31
2023Summary only. Only limited summary data is available for this year.$3.47$1.86$1.45$1.61$0.16
2022Detailed filing. Detailed filing data is available for this year.$3.80$2.02$1.77$1.37$1.27$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.91$2.23$1.68$1.33$1.43$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.15$2.37$1.78$1.06$1.22$0.15
2019Detailed filing. Detailed filing data is available for this year.$4.47$2.54$1.93$1.29$1.17$0.12
2018Summary only. Only limited summary data is available for this year.$4.47$2.66$1.37$1.25$0.12
2017Summary only. Only limited summary data is available for this year.$4.53$2.84$1.23$1.23$0.00
2016Summary only. Only limited summary data is available for this year.$4.55$2.86$1.26$1.13$0.13
2015Summary only. Only limited summary data is available for this year.$4.55$2.99$1.13$1.18$0.06
2014Summary only. Only limited summary data is available for this year.$4.68$3.06$1.28$1.08$0.20
2013Summary only. Only limited summary data is available for this year.$4.63$3.21$1.15$1.06$0.09
2012Summary only. Only limited summary data is available for this year.$4.62$3.29$1.20$1.03$0.17
2011Summary only. Only limited summary data is available for this year.$4.52$3.36$1.20$0.92$0.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.1
Gross Receipts
$149,340
Mission and Program Overview

Mission

Provide housing for collegiate fraternity

Program Services

DescriptionGrantsExpenses
PROVIDES FRATERNITY HOUSING, ENVIRONMENT, AND ACTIVITIES TO PROMOTE THE SOCIAL, INTELLECTUAL, AND EDUCATIONALWELFARE FOR ITS STUDENT MEMBERS--
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MITCHELL TERRELLPresident-$0--
TANNER PEKACHTreasurer-$0--
JEFF STUHRProperty Manager-$0--
ANDREW ROVIGLegal-$0--
Filing and Contact Details

Filer

Filer Name
Minnesota Beta Corporation
EIN
41-6048418
Phone
6126245015
Address
2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN 55414

Signing Officer

Name
Tanner Pekach
Title
Treasurer
Phone
6126245015
Signed
2025-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Fraternity Purchasing Association
Address
2221 University Ave SE Ste 11, Minneapolis, MN 55414
Preparer
Michelle Ballensky
Phone
6126245015
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Scholarships to members 2266.”

Form 990EZ, Part I, Line 16

“INSURANCE 15584.”

Form 990EZ, Part I, Line 16

“INTEREST EXPENSE 7697.”

Form 990EZ, Part I, Line 16

“ADMINISTRATIVE 2128.”

Form 990EZ, Part I, Line 16

“MGAC DUES 895.”

Form 990EZ, Part I, Line 16

“ALUMNI RELATIONS 741.”

Form 990EZ, Part I, Line 16

“Depreciation 29329.”

Form 990EZ, Part II, Line 24

“Accounts receivable 1690.”

Form 990EZ, Part II, Line 24

“Prepaid expense 3480. 4035.”

Form 990EZ, Part II, Line 24

“Refundable deposit 800. 800.”

Form 990EZ, Part II, Line 26

“Accounts payable 5357. 4235.”

Form 990EZ, Part II, Line 26

“Accrued expense 1500. 1520.”

Form 990EZ, Part II, Line 26

“Mortgage payable 178880. 159874.”

Raw XML Appendix145 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TANNER PEKACH
IRS990EZ/BooksInCareOfDetail/PhoneNum06122808095
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0721 N 1st St Apt 504
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055401
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0127650
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt087348
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-30697
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07326
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0346982
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0296176
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0149340
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt042
IRS990EZ/LandAndBuildingsGrp/BOYAmt0213362
IRS990EZ/LandAndBuildingsGrp/EOYAmt0203993
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NameChangeInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0161245
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0130547
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0161245
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0130547
IRS990EZ/OccupancyRentUtltsAndMaintAmt0114071
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MITCHELL TERRELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TANNER PEKACH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFF STUHR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANDREW ROVIG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PROPERTY MANAGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3LEGAL
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt05970
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04835
IRS990EZ/OtherChangesInNetAssetsAmt0-1
IRS990EZ/OtherExpensesTotalAmt058640
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE HOUSING FOR COLLEGIATE FRATERNITY
IRS990EZ/ProgramServiceRevenueAmt0149298
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDES FRATERNITY HOUSING, ENVIRONMENT, AND ACTIVITIES TO PROMOTE THE SOCIAL, INTELLECTUAL, AND EDUCATIONALWELFARE FOR ITS STUDENT MEMBERS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0185737
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0165629
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0180037
IRS990EZ/TotalRevenueAmt0149340
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS TO MEMBERS 2266.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE 15584.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INTEREST EXPENSE 7697.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADMINISTRATIVE 2128.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MGAC DUES 895.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALUMNI RELATIONS 741.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Depreciation 29329.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACCOUNTS RECEIVABLE 1690.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PREPAID EXPENSE 3480. 4035.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9REFUNDABLE DEPOSIT 800. 800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ACCOUNTS PAYABLE 5357. 4235.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ACCRUED EXPENSE 1500. 1520.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MORTGAGE PAYABLE 178880. 159874.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TANNER PEKACH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06126245015
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA BETA CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0416048418
ReturnHeader/Filer/PhoneNum06126245015
ReturnHeader/Filer/USAddress/AddressLine1Txt02221 UNIVERSITY AVE SE STE 111
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055414
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410265424
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fraternity Purchasing Association
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02221 University Ave SE Ste 11
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055414
ReturnHeader/PreparerPersonGrp/PhoneNum06126245015
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE BALLENSKY
ReturnHeader/ReturnTs02025-05-13T06:59:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)2 • <$500k nonprofits