Iota Iota Corporation

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

EIN: 631077483 ✦ Birmingham, AL ✦ Designated as a 501(c)(7)

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Overview

What is Iota Iota Corporation?

Iota Iota Corporation is a nonprofit organization situated in Birmingham, Alabama. Their primary mission is to offer housing, meals, and support to an undergraduate chapter of a renowned national collegiate social fraternity. By providing these essential resources, the corporation aims to foster a positive and enriching experience for the fraternity's members during their university years. Their headquarters can be found at P.O. Box 10745, Birmingham, AL 35202.

Is Iota Iota Corporation legitimate?

Iota Iota Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Iota Iota 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: $105,149

For more financial information, click here

What is the mission statement of Iota Iota Corporation?

The Iota Iota Corporation is committed to supporting an undergraduate chapter of a national collegiate social fraternity. This support encompasses providing them with housing, meals, and essential assistance. The corporation's mission is aimed at fostering a conducive environment for the fraternity members, enabling them to focus on their academic and social pursuits. By offering these essential services, Iota Iota Corporation aims to contribute positively to the overall fraternity experience.

Who is the CEO of Iota Iota Corporation?

James W Yeldell Iii is the President of Iota Iota Corporation.

What is the revenue of Iota Iota Corporation?

Iota Iota Corporation's revenue in 2023 was $1,277,275.

Who are the executives of Iota Iota Corporation and what are their salaries?


Here are 7 key members and their salaries:


E Ashton Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James W Yeldell Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William F Stiers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter Ross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny M Frazier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Cross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Shan Paden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iota Iota Corporation?

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

Mission Statement of Iota Iota Corporation

Iota Iota Corporation, a nonprofit organization, is dedicated to supporting an undergraduate chapter of a national collegiate social fraternity. Their mission is to provide essential resources such as housing and meals, ensuring the chapter has a conducive environment for its members' growth and development. Beyond these tangible offerings, Iota Iota Corporation also extends its support in various ways, contributing to the overall well-being of the fraternity members.

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Impact




October, 2024

Iota Iota Corporation significantly enhances the collegiate experience for members of a national social fraternity in Birmingham, Alabama. By providing reliable housing, nutritious meals, and essential support services, the organization fosters a conducive environment for academic and personal growth. This support helps students focus on their education while cultivating a strong sense of community and brotherhood. The corporation's activities not only contribute to individual development but also enhance the overall campus culture, encouraging leadership, collaboration, and civic engagement among young men. Through its mission, Iota Iota Corporation plays a vital role in shaping well-rounded, responsible individuals who can positively impact their communities.




This information is meant to be a general summary of Iota Iota 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
$1,277,275 (2023)
Expenses
$1,294,654 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,105
  • Program Service Revenue: $1,276,170
  • Gross Receipts: $1,277,275

Assets and Liabilities:

  • Total Assets: $6,662,326
  • Total Liabilities: $4,581,080
  • Net Assets: $2,081,246

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Programs

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

Occupancy fees

Revenue

$1,276,170

Organization Details

Founding Year

1994

Principal Officer

James W Yeldell Iii

Main Address

P O BOX 10745, BIRMINGHAM, AL, 35202

NTEE Category

Code: B83 - Education

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