Overview
What is 1899 Properties Inc?
1899 Properties Inc is a nonprofit organization situated in Indianapolis, Indiana. Its primary function involves holding title to and managing a property utilized by Tau Kappa Epsilon Fraternity, Inc. This property serves as the operational base for the affiliated fraternal organization. In essence, 1899 Properties Inc plays a crucial role in maintaining the property and making necessary debt service payments, thereby ensuring the organization's smooth operation.
Is 1899 Properties Inc legitimate?
1899 Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. 1899 Properties 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of 1899 Properties Inc?
1899 Properties Inc's primary role is to manage the property owned by an affiliated exempt fraternal organization. Specifically, the company holds the title to the property, makes debt service payments, and maintains the property used by Tau Kappa Epsilon Fraternity Inc. While the provided information does not indicate a mission statement per se, it suggests that 1899 Properties Inc is committed to ensuring the proper management and maintenance of the property for its affiliated organization. This role may include various administrative tasks related to property management, such as handling payments, overseeing repairs and maintenance, and ensuring compliance with relevant regulations. However, without additional information, it is challenging to provide a more detailed summary of the company's mission or objectives.
Who is the CEO of 1899 Properties Inc?
Brett A Widner is the Chief Financial Officer of 1899 Properties Inc.
What is the revenue of 1899 Properties Inc?
1899 Properties Inc's revenue in 2022 was -$20,369.
Who are the executives of 1899 Properties Inc and what are their salaries?
There 4 volunteers at 1899 Properties Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for 1899 Properties Inc?
1899 Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 1899 Properties Inc
1899 Properties Inc, as per its mission, holds the title to property that serves as a base for an affiliated exempt fraternal organization, specifically Tau Kappa Epsilon Fraternity, Inc. The company is responsible for making debt service payments and maintaining the property, ensuring it remains in a suitable condition for the fraternity's use. This role indicates that 1899 Properties Inc plays a crucial part in supporting the operations of Tau Kappa Epsilon Fraternity, Inc., contributing to the organization's ability to carry out its activities efficiently.
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Impact
October, 2024
1899 Properties Inc plays a significant role in supporting the Tau Kappa Epsilon Fraternity in Indianapolis, Indiana, by holding the title to vital property used by the fraternity. This organization is responsible for making debt service payments and ensuring the maintenance of these properties, which are essential for the fraternity's operations and activities.
Through its commitment to maintaining these properties, 1899 Properties Inc contributes to community improvement and the stability of fraternal organizations, fostering a supportive environment for fraternity members. The impact of its efforts can be seen in the enhanced facilities that promote community engagement and social development within the fraternity, sustained by the organization's stewardship of the properties.
This information is meant to be a general summary of 1899 Properties 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $120,001
Assets and Liabilities:
- Total Assets: $1,382,423
- Total Liabilities: $1,406,312
- Net Assets: -$23,889
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Organization Details
Founding Year
2013
Phone
(317) 872-6533Principal Officer
Brett A Widner
Main Address
7439 WOODLAND DRIVE, INDIANAPOLIS, IN, 46278
NTEE Category
Code: S47 - Community improvement
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