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Fraternity Housing Corporation

Public charity · Grantmaker Lexington, VA EIN: 58-0193363 Website

Housing for members of kappa alpha order

Key facts about Fraternity Housing Corporation

EIN
58-0193363
Latest 990 filing
Form 990, 2025
Total assets
$6,637,807

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$6.6M

+35.0% YoY

Revenue

$3.1M

+1094.5% YoY

Net Investment Income

$50K

-19.3% YoY

Expenses

$3.2M

+375.5% YoY

About Fraternity Housing Corporation

Based on IRS filings

Fraternity Housing Corporation is a public charity, based in Lexington, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $6.6M in total assets. Net investment income was $50K.

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Geographic Focus

Where this funder awards grants

States

Cities

Wichita Falls

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grants2019 0 grants2020 0 grants2021 Total only2022 0 grants2023 0 grants2024 0 grants2025

From 2019 to 2022, annual grant giving ranged from $13K (2019) to $216K (2022). In 2022 it reported $216K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M$4M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$6,637,807$4,915,240$4,569,081
Revenue$3,097,697$259,338$941,351
Expenses$3,196,812$672,237$732,040
Net Investment Income$49,543$61,361$775,410

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS January 16, 2020)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)

Leadership & Key People

Officers and directors from IRS filings

Fraternity Housing Corporation is led by Larry Stanton Wiese, President since 2023 (on filings since 2019); 1 of 8 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Larry Stanton Wiese

    President

    Secretary & Treasurer → President, 2023

    On filings since 2019

    1 hr/week

    $21K (2019) → $30K (2025)

  • King V. Aiken Jr.

    Chairman

    Director → Vice President, 2021

    Vice President → Chairman, 2023

    On filings since 2019

    No compensation reported

  • H. David Pinson

    Director

    New on the 2025 filing

    No compensation reported

  • Matthew R. Hollomon

    Director

    New on the 2025 filing

    No compensation reported

  • Todd Reaves

    Director

    New on the 2025 filing

    No compensation reported

  • David T. Martineau V

    Treasurer

    Director → Secretary, 2023

    Secretary → Treasurer, 2025

    On filings since 2019

    No compensation reported

  • L. Blair Bailey

    Vice Chairman

    Director → Vice Chairman, 2025

    On filings since 2019

    No compensation reported

  • Robert H. Wall

    Secretary

    Director → Secretary, 2025

    On filings since 2023

    No compensation reported

Former officers (6)
  • Former: James M. Schmuck (2019–2024) — Vice Chairman
  • Former: Malcolm H. Liles (2020–2024) — Treasurer
  • Former: Derick S. Close (2023–2024) — Director
  • Former: C. Douglas Simmons III (2019–2022) — President
  • Former: Stephen J. Lafollette (2021–2022) — Director
  • Former: David P. Barksdale (2019–2020) — Vice President

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Larry Stanton Wiese — President: $30KLarry Stanton WiesePresident$30K

The highest reported compensation on the 2025 filing was $30K, to Larry Stanton Wiese (President).

Frequently asked questions about Fraternity Housing Corporation

How large is Fraternity Housing Corporation?

Fraternity Housing Corporation reported $6.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.1M.

Where does Fraternity Housing Corporation operate?

Fraternity Housing Corporation has awarded grants in Texas.

What is Fraternity Housing Corporation's EIN?

Fraternity Housing Corporation's EIN (Employer Identification Number) is 58-0193363. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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