Overview
What is Sto Corporation?
Sto Corporation is a nonprofit organization primarily focused on managing and maintaining a fraternity house at Tennessee Technological University. Their primary function involves accumulating and allocating funds for this purpose, as well as holding title to the property, which they lease to a college fraternity. This organization's mission is centered around supporting the fraternity's presence at the university, ensuring the upkeep and maintenance of the house to provide a suitable living environment for its members.
Is Sto Corporation legitimate?
Sto Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Sto Corporation submitted a form 990EZ, 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.
What is the mission statement of Sto Corporation?
The mission of Sto Corporation, in essence, revolves around managing funds for the maintenance and upkeep of a fraternity house at Tennessee Tech University. Additionally, the corporation holds title to the property with the intention of leasing it to a college fraternity at the same university. This mission primarily focuses on ensuring the upkeep and utilization of the fraternity house for the collegiate community.
Who is the CEO of Sto Corporation?
Jay Grannis is the President of Sto Corporation.
What is the revenue of Sto Corporation?
Sto Corporation's revenue in 2022 was $47,757.
Who are the executives of Sto Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Sto Corporation?
Sto Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Sto Corporation
Sto Corporation, as a mission-driven organization, is dedicated to managing funds for the upkeep and maintenance of a fraternity house at Tennessee Tech University. Its primary role is to hold the title to the real property, with the intention of leasing it to a college fraternity within the university. By doing so, Sto Corporation ensures the continued presence and functionality of the fraternity house, providing a space for its members to reside and engage in fraternal activities. This mission serves to support the college experience of fraternity members, contributing to their overall university experience.
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Impact
October, 2024
Sto Corporation plays a significant role in enhancing the community by managing and maintaining a college fraternity house at Tennessee Tech University. By receiving and expending funds for the upkeep of the property, Sto Corporation ensures that the living conditions for fraternity members are safe, comfortable, and conducive to a supportive collegiate environment.
Additionally, by holding title to real property for leasing purposes, Sto Corporation contributes to the financial stability and operational sustainability of the fraternity. This facilitates a sense of community among students, fostering leadership, teamwork, and social responsibility. Overall, Sto Corporation's impact extends beyond just maintaining a building; it strengthens community bonds and enriches the student experience at Tennessee Tech University.
This information is meant to be a general summary of Sto 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.
- Program Service Revenue: $23,644
- Gross Receipts: $47,834
Assets and Liabilities:
- Total Assets: $105,198
- Total Liabilities: $0
- Net Assets: $105,198
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Organization Details
Phone
(615) 895-1040Principal Officer
Jay Grannis
Main Address
2033 VERANDA PL, MURFREESBORO, TN, 37130
NTEE Category
Code: S47 - Community improvement
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