Overview
What is 194 Spicer Inc?
194 Spicer Inc is a nonprofit organization based in Stow, Ohio, with an address at 4648 Muirwood Pl. Their main objective is to enhance the Ohio Epsilon Chapter of Phi Delta Theta fraternity by improving their chapter house at The University of Akron. This nonprofit organization is dedicated to upholding the fraternal values and principles of Phi Delta Theta Fraternity, while also engaging in other recreational and charitable activities that fall under Section 501(c)(7) of the Internal Revenue Code. They aim to provide a conducive environment for the fraternity members, fostering a sense of community and brotherhood.
Is 194 Spicer Inc legitimate?
194 Spicer Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. 194 Spicer 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:
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What is the mission statement of 194 Spicer Inc?
194 Spicer Inc is a non-profit organization with a mission to support and uphold the fraternal values and principles of Phi Delta Theta Fraternity. One of its primary objectives is to acquire and manage property, specifically for the use of the Ohio Epsilon Chapter of Phi Delta Theta Fraternity at The University of Akron. Additionally, the organization engages in other recreational and non-profit activities that fall under Section 501(c)(7) of the Internal Revenue Code. Its purpose is to contribute to the fraternity and its members in a manner that benefits the community.
Who is the CEO of 194 Spicer Inc?
David Budai is the Trustee of 194 Spicer Inc.
What is the revenue of 194 Spicer Inc?
194 Spicer Inc's revenue in 2023 was $92,498.
Who are the executives of 194 Spicer Inc and what are their salaries?
There 12 volunteers at 194 Spicer Inc.
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Where can I find the form 990 for 194 Spicer Inc?
194 Spicer Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of 194 Spicer Inc
194 Spicer Inc, a non-profit organization, is dedicated to upholding and nurturing the fraternal values and principles of Phi Delta Theta Fraternity. One of its primary goals is to procure and maintain both real and personal property, serving as a permanent residence for the Ohio Epsilon Chapter of Phi Delta Theta Fraternity at The University of Akron. Beyond this, the organization engages in various activities that fall under the category of Section 501(c)(7) of the Internal Revenue Code, which encompasses pleasure, recreation, and other non-profit pursuits.
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Impact
October, 2024
194 Spicer Inc plays a significant role in enhancing the fraternal environment for members of the Ohio Epsilon Chapter of Phi Delta Theta at The University of Akron. By acquiring and maintaining real and personal property for the fraternity house, it provides a physical space that fosters community, camaraderie, and the ideals of brotherhood that are central to Phi Delta Theta's mission.
The organization focuses on making improvements to the chapter house, ensuring that it serves as a welcoming and functional environment for both current members and prospective new members. This enhances the overall experience of fraternity life, promoting values such as leadership, integrity, and friendship, which are critical to personal development and academic success.
Furthermore, by engaging in activities that align with the principles of the fraternity, 194 Spicer Inc cultivates a sense of belonging and support among members, which contributes to their educational and social success. The positive impact of such an organization extends beyond its immediate members, as it also helps to build a stronger, more engaged community within the University of Akron and the surrounding area.
This information is meant to be a general summary of 194 Spicer 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 2023.
- Investment Income: $257
- Program Service Revenue: $74,181
- Gross Receipts: $92,498
Assets and Liabilities:
- Total Assets: $1,346,541
- Total Liabilities: $80,700
- Net Assets: $1,265,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$68,740
Security Deposits
Revenue
$5,320
Non-returned security deposits
Revenue
$121
Organization Details
Founding Year
2007
Phone
(330) 687-7898Principal Officer
David Budai
Main Address
4648 Muirwood Pl, Stow, OH, 44224
NTEE Category
Code: B83 - Education
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