nonprofit logo

Oak Door Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263072936 ✦ Woodbury, MN ✦ Designated as a 501(c)(7)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Oak Door Corporation?

Oak Door Corporation is a nonprofit organization situated in Woodbury, Minnesota, with an address at 3278 Charleston Drive, 55129. Its primary mission is to support students at the University of Minnesota Twin Cities who are members or pledged to join the Beta Chi Chapter of the Pi Kappa Alpha fraternity. The organization aims to promote scholastic excellence, general culture, and knowledge among its members, fostering cooperation and harmony. Additionally, Oak Door Corporation works towards setting high educational and cultural standards for its members during and beyond their college years. The corporation also serves to perpetuate itself as a fraternal organization.

Is Oak Door Corporation legitimate?

Oak Door Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Oak Door Corporation 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: $0

For more financial information, click here

What is the mission statement of Oak Door Corporation?

The Oak Door Corporation's mission is centered around advancing the educational and literary interests of its members, promoting social virtues among them, and fostering a high standard of life and happiness. This is achieved by establishing closer bonds of friendship and brotherly union within the organization. The corporation also aims to perpetuate itself as a fraternal organization. Additionally, it provides aid to students at the University of Minnesota Twin Cities who are either members or pledged to become members of the Beta Chi chapter of the Pi Kappa Alpha fraternity. The goal is to help these students maintain high scholastic standards, broaden their general culture and knowledge, and develop the ability and desire to cooperate with their peers. The corporation's board of directors may determine other ways to achieve these objectives during and after the students' college years.

Who is the CEO of Oak Door Corporation?

Michael Sherman is the President of Oak Door Corporation.

What is the revenue of Oak Door Corporation?

Oak Door Corporation's revenue in 2022 was $29,596.

Who are the executives of Oak Door Corporation and what are their salaries?


Here are 3 key members and their salaries:


Michael Sherman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Ellingson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Palm (Project Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Oak Door Corporation?

Oak Door Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Oak Door Corporation

Oak Door Corporation is an organization dedicated to advancing the educational and literary interests of its members. Its primary goal is to promote social virtues among its members and create a high standard of life and happiness for them. To achieve this, the corporation encourages closer bonds of friendship and brotherly union among its members. It aims to perpetuate itself as a fraternal organization and assist students at the University of Minnesota Twin Cities who are part of, or pledged to become members of, the Beta Chi Chapter of the Pi Kappa Alpha Fraternity. The corporation helps these students maintain high scholastic standards, broaden their general culture and knowledge, and cooperate with their fellowmen. By doing so, Oak Door Corporation aims to set high educational and cultural standards for its members to follow during and after their college years.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Oak Door Corporation significantly impacts the educational and cultural landscape for its members, particularly the students affiliated with the Beta Chi chapter of the Pi Kappa Alpha fraternity at the University of Minnesota Twin Cities. By fostering a supportive environment that emphasizes high academic standards, it encourages members to excel academically while enhancing their general knowledge and culture.

The organization strengthens the bonds of friendship and brotherhood among its members, promoting social virtues that contribute to a cohesive community. This camaraderie is vital for building a network of support, enabling members to collaborate effectively and work harmoniously with one another.

Additionally, Oak Door Corporation aims to instill high educational and cultural standards that members can carry with them beyond their college years. By focusing on individual growth and collective improvement, the organization not only prepares students for academic success but also equips them with essential life skills and ethical values that promote a high standard of living and happiness.




This information is meant to be a general summary of Oak Door Corporation. 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.

Revenue
$29,596 (2022)
Expenses
$83,208 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $94,000

Assets and Liabilities:

  • Total Assets: $463,599
  • Total Liabilities: $608,333
  • Net Assets: -$144,734

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2008

Principal Officer

Michael Sherman

Main Address

3278 CHARLESTON DRIVE, WOODBURY, MN, 55129

NTEE Category

Code: B83 - Education

If you are a representative of Oak Door Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.