Indiana Acacia Building Corporation

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

EIN: 350871870 ✦ Bloomington, IN ✦ Designated as a 501(c)(7)

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Overview

What is Indiana Acacia Building Corporation?

Indiana Acacia Building Corporation is a nonprofit organization situated in Bloomington, Indiana. Its primary focus is to offer housing and associated activities to active members of a specific chapter while they are attending Indiana University. By providing a living environment and fostering leadership and camaraderie, the corporation aims to enrich the college experience for its members. With a small workforce of one individual, Indiana Acacia Building Corporation contributes to the well-being and growth of its members during their academic journey.

Is Indiana Acacia Building Corporation legitimate?

Indiana Acacia Building Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Indiana Acacia Building 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: $51,851

For more financial information, click here

What is the mission statement of Indiana Acacia Building Corporation?

The Indiana Acacia Building Corporation's mission, as stated, is centered around providing housing, leadership opportunities, and a sense of brotherhood to active members of a chapter while they attend Indiana University. In essence, the corporation serves as a supportive environment that fosters leadership development and camaraderie among its residents. The corporation's activities are geared towards catering to the needs of these members, aiming to enhance their university experience.

Who is the CEO of Indiana Acacia Building Corporation?

Michael Oakes is the President of Indiana Acacia Building Corporation.

What is the revenue of Indiana Acacia Building Corporation?

Indiana Acacia Building Corporation's revenue in 2023 was $838,176.

Who are the executives of Indiana Acacia Building Corporation and what are their salaries?

The average compensation at Indiana Acacia Building Corporation during 2023 was $51,851. There is 1 employee at Indiana Acacia Building Corporation.


Here are 2 key members and their salaries:


Randy Shoup (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Oakes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Indiana Acacia Building Corporation?

Indiana Acacia Building Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Indiana Acacia Building Corporation

Indiana Acacia Building Corporation is dedicated to providing a conducive living environment, leadership opportunities, and a sense of brotherhood for its active chapter members while they attend Indiana University. The organization's mission is centered around offering housing and engaging activities that foster camaraderie and personal development among its members. By doing so, Indiana Acacia Building Corporation aims to contribute positively to the academic and social experiences of its members during their university tenure.

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Impact




October, 2024

Indiana Acacia Building Corporation plays a significant role in supporting and enhancing the college experience for active chapter members at Indiana University. By providing housing, the organization ensures that members have a stable and safe living environment, which is crucial for academic success and personal development.

In addition to offering a place to live, the corporation fosters a sense of brotherhood and community among its members, promoting leadership and interpersonal skills that are vital during their college years. Through various activities and events, it encourages engagement and collaboration, helping to build lifelong relationships and networks that extend beyond their time at the university.

The commitment of Indiana Acacia Building Corporation to its mission not only enriches the lives of individual members but also contributes positively to the broader university community, creating an environment where students can thrive academically and socially. By nurturing leadership qualities and fostering connections, the organization helps prepare its members for future challenges and successes.




This information is meant to be a general summary of Indiana Acacia Building 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
$838,176 (2023)
Expenses
$343,848 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $838,176

Assets and Liabilities:

  • Total Assets: $3,444,027
  • Total Liabilities: $410,292
  • Net Assets: $3,033,735

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Programs

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

Room and board

Organization Details

Founding Year

1940

Principal Officer

Michael Oakes

Main Address

PO Box 2116, Bloomington, IN, 47402

NTEE Category

Code: B83 - Education

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