Overview
What is Zbt National Housing Inc?
Zbt National Housing Inc is a nonprofit organization situated in Carmel, Indiana. Its primary mission is to raise funds, which it then uses to provide loans to various fraternity chapters. Additionally, the organization holds the title to the housing property of these chapters. This initiative not only aids fraternities in securing housing but also ensures that the ownership of these properties is managed by Zbt National Housing Inc.
Official website here: www.zbthousing.org
Is Zbt National Housing Inc legitimate?
Zbt National Housing Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Zbt National Housing Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $148,069
For more financial information, click here
Official website here: www.zbthousing.org
What is the mission statement of Zbt National Housing Inc?
Zbt National Housing Inc's mission is centered around raising funds to provide financial assistance in the form of loans to various fraternity chapters. They also assume the ownership of the property used as housing for these chapters. This organization's primary role is to support the housing needs of fraternities, thereby enhancing their operational capabilities. They offer financial aid and property management services, contributing to the stability and functionality of fraternity chapters.
Official website here: www.zbthousing.org
Who is the CEO of Zbt National Housing Inc?
Cliff Schneider is the President of Zbt National Housing Inc.
Official website here: www.zbthousing.org
What is the revenue of Zbt National Housing Inc?
Zbt National Housing Inc's revenue in 2022 was $1,013,179.
Official website here: www.zbthousing.org
Who are the executives of Zbt National Housing Inc and what are their salaries?
The average compensation at Zbt National Housing Inc during 2022 was $37,017. There are 4 employees and 18 volunteers at Zbt National Housing Inc.
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- Compensation: $134,536
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- Compensation: $58,297
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Official website here: www.zbthousing.org
Where can I find the form 990 for Zbt National Housing Inc?
Zbt National Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.zbthousing.org
Learn more at the official website: www.zbthousing.org
Mission Statement of Zbt National Housing Inc
Zbt National Housing, as a nonprofit organization, is committed to raising funds with the primary objective of lending to fraternity chapters and holding title to their housing property. The mission of this organization is geared towards providing financial assistance to these fraternity chapters, thereby ensuring they have access to suitable housing accommodations. By assuming title to the housing properties, Zbt National Housing assumes the responsibility of managing and maintaining these properties, ensuring they remain in good condition for the use of the fraternity chapters. This mission is essential in providing a stable and secure living environment for the fraternity members, enabling them to focus on their academic and social pursuits.
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Impact
October, 2024
Zbt National Housing Inc plays a vital role in enhancing fraternity life by providing financial support and facilitating access to housing. By raising funds to loan to fraternity chapters, the organization enables these groups to secure the necessary capital for maintaining and acquiring housing properties. This financial backing not only supports the physical infrastructure of fraternity chapters but also fosters a sense of community among members.
Furthermore, by holding title to chapter housing property, Zbt National Housing Inc contributes to the stability and longevity of these institutions. It ensures that fraternity chapters have a reliable place where they can gather, build relationships, and engage in activities that promote brotherhood and personal development. This impact extends beyond the individual chapters, as well-maintained fraternity houses contribute positively to the neighborhoods and campuses they are part of. Overall, Zbt National Housing Inc significantly enhances the fraternity experience by addressing housing needs and supporting community improvement initiatives.
This information is meant to be a general summary of Zbt National Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,140
- Program Service Revenue: $1,005,151
- Gross Receipts: $1,013,179
Assets and Liabilities:
- Total Assets: $5,637,243
- Total Liabilities: $2,718,395
- Net Assets: $2,918,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING RENTAL INCOME
Revenue
$912,050
FACILITY FEES
Revenue
$51,952
HOUSING FUND FEES
Revenue
$49,635
INTEREST ON LOANS
Revenue
$10,072
RENTAL INCOME FROM EQU
Revenue
-$18,558
Organization Details
Founding Year
1939
Phone
(317) 334-1898Principal Officer
Cliff Schneider
Main Address
1320 CITY CENTER DRIVE SUITE 225, CARMEL, IN, 46032
Website
www.zbthousing.orgNTEE Category
Code: S47 - Community improvement
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