Overview
What is Xi Corporation Of Arkansas Inc?
Xi Corporation of Arkansas Inc, situated in Fayetteville, Arkansas, operates as a nonprofit organization, specifically catering to an unspecified fraternity. Their primary mission is to provide lodging facilities for active fraternity members who are enrolled in college. By offering room and board, they ensure these students have a place to stay while pursuing their education. With a small team of eight employees, Xi Corporation of Arkansas Inc plays a significant role in supporting the academic journey of its fraternity members.
Is Xi Corporation Of Arkansas Inc legitimate?
Xi Corporation Of Arkansas Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Xi Corporation Of Arkansas 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: $155,866
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What is the mission statement of Xi Corporation Of Arkansas Inc?
The mission of Xi Corporation of Arkansas Inc, as stated, is centered around providing necessary accommodations for fraternity members attending college. More specifically, the corporation owns and maintains a fraternity house, offering room and board to its active members at a fee. This service aims to provide a convenient living arrangement for these students during their college years. The corporation's activities primarily revolve around providing a fraternity house and covering the lodging expenses for its college-attending members.
Who is the CEO of Xi Corporation Of Arkansas Inc?
Martin Swope is the President of Xi Corporation Of Arkansas Inc.
What is the revenue of Xi Corporation Of Arkansas Inc?
Xi Corporation Of Arkansas Inc's revenue in 2023 was $1,283,593.
Who are the executives of Xi Corporation Of Arkansas Inc and what are their salaries?
The average compensation at Xi Corporation Of Arkansas Inc during 2023 was $19,483. There are 8 employees and 9 volunteers at Xi Corporation Of Arkansas Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Xi Corporation Of Arkansas Inc?
Xi Corporation Of Arkansas Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Xi Corporation Of Arkansas Inc
Xi Corporation of Arkansas Inc, as a mission-driven organization, focuses on providing essential services to its members. Specifically, it offers room and board to undergraduate students who are part of a fraternity, facilitating their college experience. By owning a fraternity house, Xi Corporation of Arkansas Inc is able to accommodate its members, offering them a place to call home during their academic journey. The corporation charges lodging fees to the active members of the fraternity for this service. In essence, Xi Corporation of Arkansas Inc plays a crucial role in supporting the college life of its fraternity members by providing them with a comfortable living space.
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Impact
October, 2024
Xi Corporation Of Arkansas Inc significantly impacts the college experience for fraternity members by providing essential room and board services. Located in Fayetteville, Arkansas, the corporation owns and operates a fraternity house that offers lodging for active members attending college. This arrangement not only facilitates a supportive living environment but also fosters fraternity brotherhood and camaraderie, enhancing social and educational opportunities for its members. By charging lodging fees, the organization sustains its operations while meeting the needs of students who seek affordable housing options during their academic pursuits. Overall, Xi Corporation plays a vital role in contributing to the educational and social development of fraternity members.
This information is meant to be a general summary of Xi Corporation Of Arkansas 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.
- Program Service Revenue: $1,137,766
- Gross Receipts: $1,283,593
Assets and Liabilities:
- Total Assets: $2,828,134
- Total Liabilities: $2,632,501
- Net Assets: $195,633
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD - HOUSE
Revenue
$1,137,766
Organization Details
Founding Year
1971
Phone
(479) 799-4444Principal Officer
Martin Swope
Main Address
PO BOX 9508, FAYETTEVILLE, AR, 72703
NTEE Category
Code: B83 - Education
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