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Esponda Associates Inc

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

EIN: 272762793 ✦ Indianapolis, IN ✦ Designated as a 501(c)(7)

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Overview

What is Esponda Associates Inc?

Esponda Associates Inc is a not-for-profit organization headquartered in Indianapolis, Indiana. Its primary mission involves managing building facilities and offering support to chapters and house corporations that provide housing, programming, and education. The organization aims to facilitate friendship, recreation, social interaction, knowledge pursuit, and other non-profit activities among its members. Esponda Associates Inc serves as a resource director for chapters and house corporations with similar objectives, contributing to their overall operations with a team of ten dedicated individuals.


Official website here: www.espondaassociates.org

Is Esponda Associates Inc legitimate?

Esponda Associates Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Esponda Associates 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: $110,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $279,847

For more financial information, click here


Official website here: www.espondaassociates.org

What is the mission statement of Esponda Associates Inc?

Esponda Associates Inc was established with a dual purpose. Primarily, it was intended to manage building facilities. However, beyond this, the organization also aimed to facilitate, foster, and encourage various non-profit activities among its members. These activities included friendship, recreation, social interaction, the pursuit of knowledge, and other endeavors that contribute to personal growth and community building. The organization's mission, therefore, can be understood as providing a platform for its members to engage in a wide range of non-profit activities, fostering a sense of community and personal development. Additionally, Esponda Associates Inc provides not-for-profit management services to chapters and house corporations that provide housing, programming, and education. Their role also includes directing resources to and for these organizations with similar purposes.


Official website here: www.espondaassociates.org

Who is the CEO of Esponda Associates Inc?

Rob Derdiger is the Vice President of Esponda Associates Inc.


Official website here: www.espondaassociates.org

What is the revenue of Esponda Associates Inc?

Esponda Associates Inc's revenue in 2022 was $1,323,286.


Official website here: www.espondaassociates.org

Who are the executives of Esponda Associates Inc and what are their salaries?

The average compensation at Esponda Associates Inc during 2022 was $39,057. There are 10 employees and 5 volunteers at Esponda Associates Inc.


Here are 6 key members and their salaries:


Mark Schiff (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Fradkin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Pierce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Borans (Director)
  • Compensation: $0
  • Related: $218,282
  • Other: $41,165
Rob Derdiger (Treasurer)
  • Compensation: $89,178
  • Related: $106,459
  • Other: $13,388
Joshua Schenk (Director Of Housing)
  • Compensation: $97,789
  • Related: $0
  • Other: $2,934


Official website here: www.espondaassociates.org

Where can I find the form 990 for Esponda Associates Inc?

Esponda Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.espondaassociates.org

Learn more at the official website: www.espondaassociates.org

Mission Statement of Esponda Associates Inc

Esponda Associates Inc, established with a dual purpose, was primarily set up to manage building facilities. Beyond this, the organization aimed to foster and encourage various non-profit activities among its members. These activities included friendship, recreation, social interaction, and the pursuit of knowledge. The mission of Esponda Associates Inc was to provide not-for-profit management services to chapters and house corporations that offer housing, programming, and education. The organization also directed resources towards these chapters and house corporations, all sharing similar purposes.

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Impact




October, 2024

Esponda Associates Inc significantly contributes to enhancing community engagement and personal development by managing building facilities that serve as hubs for social interaction and learning. By fostering friendship and recreation among its members, the organization creates environments that encourage collaboration and a sense of belonging.

Through its commitment to providing not-for-profit management services, Esponda Associates Inc supports chapters and house corporations that offer housing, programming, and education. This focus on resource direction not only bolsters the operational capabilities of these entities but also enriches the overall educational and social experiences of their members.

In Indianapolis, their efforts are particularly impactful in promoting systematic knowledge sharing and creating opportunities for individuals to pursue personal interests in a supportive setting. Ultimately, Esponda Associates Inc plays an essential role in nurturing community ties, enhancing educational opportunities, and promoting a culture of lifelong learning among its members.




This information is meant to be a general summary of Esponda Associates 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.

Revenue
$1,323,286 (2022)
Expenses
$1,021,591 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $612
  • Program Service Revenue: $1,140,485
  • Gross Receipts: $1,323,286

Assets and Liabilities:

  • Total Assets: $4,956,927
  • Total Liabilities: $902,950
  • Net Assets: $4,053,977

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEE INCOME

Revenue

$1,010,500

MEMBER RENTAL INCOME

Revenue

$129,985

Organization Details

Founding Year

2010

Principal Officer

Rob Derdiger

Main Address

8815 WESLEYAN ROAD, INDIANAPOLIS, IN, 46268

NTEE Category

Code: B83 - Education

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