![]() Nu Prime Chapter Update November 2023 Greetings Nu Prime Alumni Brothers! We hope you are well and prospering. We wanted to provide an update regarding Nu Prime. Chapter Housing Update The chapter no longer resides in the leased house on Roanoke Street. Earlier this year, the Housing Corporation for Lambda Chi Alpha decided not to renew an option in our lease. They took back the house so their chapter could have a home if successfully rechartered. Currently, Nu Prime exists but without a house. Financial Situation After losing the house, it came to light that the chapter had significant unpaid back rent, had left the Roanoke property in a state of disrepair, and was at risk of losing their security deposit. Upon move-out, matters were so dire that Alumni Brother John Skipper personally organized and paid for removal of extensive contents left inside the house by the chapter. Alumni Involvement John Skipper had no duty to act and did so in an effort to keep good relations and an unsullied reputation for our VT chapter. A heartfelt thank you goes out to John for his selfless actions. Current Chapter Progress Leadership: Alex Salgar is the GT and has been very responsive, responsible, and accountable for the debt owed to Lambda Chi Housing. Financial Accountability: Our Alumni Adviser, TJ Wilson, indicates that Alex also brought up the dollars spent by John Skipper for the Roanoke house clean-up. Alex said he only just learned about that cost, so TJ will work to ensure those monies are reimbursed to John Skipper at some point in the near term. The Chapter has agreed to pay all debts with their former landlord, Lambda Chi, which total $13K. They have already made two payments ($2k each) and plan to make the third early in November. Membership: Nu Prime has a Pledge Class of 29 with 66 Active members at this point, therefore dues collection seems to be going very well. Recruitment: Alex said they have been very aggressive with recruiting and since they are not recognized by the University, they aren't subject to the strict guidelines that VT IFC has enacted over the past few years. Financial Statements: Lambda Chi has provided a statement and they are tracking the payments and payment schedule. District Grand Master's Impression: Zanas Talley, the District Grand Master (DGM), had a meeting with the chapter this past weekend and came away impressed with their recruiting and community service efforts. Future Plans Debt Repayment: Alex hopes to pay off the debts early and move on from the Roanoke Street situation. Housing: Alex reached out to TJ Wilson regarding finding housing for the Chapter, which is currently meeting in a classroom at McBryde Hall. Five brothers rent a house in Christiansburg, but it has proven too far away for the entire chapter to utilize consistently. Alumni Association Involvement: TJ Wilson will explore the possibility of assistance from the Alumni Association with house acquisition. He also reiterated the challenges posed by the real estate market in Blacksburg. Importantly, the way the chapter left the Roanoke Street house could make conversations about future housing assistance more challenging. Final Thoughts We will continue to keep you updated on the Chapter's progress and any future developments. Have a good holiday season! AEKDB
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AuthorThe Nu Prime Alumni Association Archives
October 2023
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