Richmond Property Group Ltd

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

EIN: 352157002 ✦ Indianapolis, IN ✦ Designated as a 501(c)(7)

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Overview

What is Richmond Property Group Ltd?

Richmond Property Group Ltd is a nonprofit organization, headquartered at 333 North Alabama Street, Indianapolis, IN 46204. Their primary mission is to support and enhance the social, educational, and fraternal activities of Alpha Tau Omega Fraternity, Inc. They provide resources for the fraternity's chapters and house corporations. The corporation's main objective is to foster education, encourage high scholarship, and build character among its members. Additionally, they are dedicated to maintaining collegiate chapter houses for the benefit of Alpha Tau Omega Fraternity and its members. The organization currently employs a team of 9 individuals.

Is Richmond Property Group Ltd legitimate?

Richmond Property Group Ltd is a legitimate nonprofit organization registered as a 501(c)(7) entity. Richmond Property Group Ltd 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: $167,072
Professional Fundraising Fees: $0
Other Salaries and Wages: $269,819

For more financial information, click here

What is the mission statement of Richmond Property Group Ltd?

Richmond Property Group Ltd's mission is centered around supporting Alpha Tau Omega Fraternity and its members. The primary objective is to maintain collegiate chapter houses for the fraternity's benefit. Additionally, the corporation aims to foster education, encourage high scholarly achievement, and contribute to the development of strong character among its members. Beyond this, Richmond Property Group Ltd provides student housing resources and organizes social, educational, and fraternal programming for the chapters and house corporations of Alpha Tau Omega Fraternity.

Who is the CEO of Richmond Property Group Ltd?

Wynn Smiley is the Director of Richmond Property Group Ltd. The CEO's salary of Richmond Property Group Ltd is $0 and their total compensation is $304,624.

What is the revenue of Richmond Property Group Ltd?

Richmond Property Group Ltd's revenue in 2022 was $3,183,592.

Who are the executives of Richmond Property Group Ltd and what are their salaries?

The average compensation at Richmond Property Group Ltd during 2022 was $48,543. There are 9 employees at Richmond Property Group Ltd.


Here are 8 key members and their salaries (Richmond Property Group Ltd's CEO's salary is $0 and their total compensation is $304,624):


Will Gooden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott O'Halloran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Semler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Krug (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Matesi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wynn Smiley (Ceo)
  • Compensation: $0
  • Related: $304,624
  • Other: $0
Brett Tensfeldt (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Higgins (Coo, Mgmt & Finance)
  • Compensation: $167,072
  • Related: $0
  • Other: $0
Where can I find the form 990 for Richmond Property Group Ltd?

Richmond Property Group Ltd's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Richmond Property Group Ltd

Richmond Property Group Ltd, as a nonprofit organization, is dedicated to advancing the social and recreational programs of Alpha Tau Omega Fraternity, Inc. Its primary mission is to maintain collegiate chapter houses for the benefit of the fraternity and its members, both graduate and undergraduate. The corporation further aims to foster education, encourage high scholarship, and assist in the development of character within the fraternity members. By providing student housing resources and offering social, educational, and fraternal programming, Richmond Property Group Ltd supports the chapters and house corporations of Alpha Tau Omega Fraternity, Inc., aiming to enrich their experiences and contribute to their personal growth.

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Impact




October, 2024

Richmond Property Group Ltd plays a significant role in enhancing the social and recreational aspects of the Alpha Tau Omega fraternity. By providing essential student housing resources, the organization fosters an environment conducive to education and personal development. Its commitment to maintaining collegiate chapter houses ensures that undergraduate and graduate members have access to safe and supportive living spaces that promote camaraderie and academic success.

Through its programming initiatives, Richmond Property Group Ltd facilitates social, educational, and fraternal opportunities that help build character and encourage high scholarship among members. This impact extends beyond the individual, contributing to a stronger community within the fraternity and the broader local area in Indianapolis. The organization’s efforts in community improvement reflect a dedication to nurturing leadership skills and promoting a positive collegiate experience for all members of Alpha Tau Omega Fraternity.




This information is meant to be a general summary of Richmond Property Group Ltd. 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
$3,183,592 (2022)
Expenses
$3,015,722 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $537
  • Program Service Revenue: $2,908,574
  • Gross Receipts: $4,746,674

Assets and Liabilities:

  • Total Assets: $27,750,177
  • Total Liabilities: $10,112,514
  • Net Assets: $17,637,663

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Programs

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

RENTAL INCOME

Revenue

$2,117,153

HOUSING CORPORATION INSURANCE

Revenue

$680,059

HOUSING FEES & SERVICES

Revenue

$111,362

Organization Details

Founding Year

2001

Principal Officer

Wynn Smiley

Main Address

333 NORTH ALABAMA STREET 220, INDIANAPOLIS, IN, 46204

NTEE Category

Code: S47 - Community improvement

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