Overview
What is Cardinal National Housing Corporation?
Cardinal National Housing Corporation is a nonprofit organization situated in Memphis, Tennessee. Its primary mission is to offer financial aid to Chi Omega Fraternity chapters, facilitating housing for their members. During the fiscal year ending on June 30, 2022, the organization managed loans with an average value of approximately 2.99 million dollars for chapter housing purposes. This support enables Chi Omega Fraternity chapters to provide suitable residences for their members, enhancing their overall experience within the organization.
Is Cardinal National Housing Corporation legitimate?
Cardinal National Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Cardinal National Housing 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.
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What is the mission statement of Cardinal National Housing Corporation?
Cardinal National Housing Corporation's mission is centered around providing financial assistance to chapters of the Chi Omega fraternity. This assistance is primarily aimed at facilitating the housing needs of the fraternity's members. The organization actively maintains loans for housing purposes, with an average loan amount of around 2.99 million dollars as of June 30, 2022. In essence, Cardinal National Housing Corporation serves as a financial backbone for Chi Omega fraternity chapters, enabling them to provide suitable living spaces for their members.
Who is the CEO of Cardinal National Housing Corporation?
Jill Bowman is the President of Cardinal National Housing Corporation.
What is the revenue of Cardinal National Housing Corporation?
Cardinal National Housing Corporation's revenue in 2022 was $129,541.
Who are the executives of Cardinal National Housing Corporation and what are their salaries?
There 6 volunteers at Cardinal National Housing Corporation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Cardinal National Housing Corporation?
Cardinal National Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cardinal National Housing Corporation
Cardinal National Housing Corporation is dedicated to supporting the Chi Omega Fraternity chapters by providing them with financial assistance for housing needs. The organization's mission is centered around helping these chapters secure suitable accommodations for their members. Throughout the year, Cardinal National Housing Corporation maintains loans for housing purposes, averaging approximately 2,996,554 dollars. This financial assistance plays a crucial role in ensuring that Chi Omega Fraternity chapters have the resources necessary to provide comfortable and secure living spaces for their members.
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Impact
October, 2024
Cardinal National Housing Corporation plays a vital role in supporting Chi Omega fraternity chapters by providing essential financial assistance for member housing needs. By maintaining loans that averaged approximately $2,996,554 during the year ending June 30, 2022, the organization facilitates access to safe and supportive living environments for fraternity members. This financial backbone not only enhances the collegiate experience by fostering a sense of community among members but also contributes to the overall stability and growth of the fraternity. In doing so, Cardinal National Housing Corporation helps ensure that members can focus on their education and personal development in conducive settings.
This information is meant to be a general summary of Cardinal National Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $122
- Program Service Revenue: $129,419
- Gross Receipts: $129,541
Assets and Liabilities:
- Total Assets: $4,864,197
- Total Liabilities: $899
- Net Assets: $4,863,298
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST - CHAPTER LOA
Revenue
$129,419
Organization Details
Founding Year
1995
Phone
(901) 748-8600Principal Officer
Jill Bowman
Main Address
3395 PLAYERS CLUB PARKWAY, MEMPHIS, TN, 38125
NTEE Category
Code: B83 - Education
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