Overview
What is Sp Holding Company?
Sp Holding Company is a nonprofit organization situated in Norman, Oklahoma. Its primary focus is to support students associated with the Lambda Chi Alpha Fraternity, providing them with housing, meals, study areas, athletic activities, community engagement opportunities, and social events. The organization operates as a living space for these students, enhancing their college experience beyond academic pursuits.
Is Sp Holding Company legitimate?
Sp Holding Company is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sp Holding Company 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: $1,620
Other Salaries and Wages: $0
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What is the mission statement of Sp Holding Company?
Sp Holding Company's mission is centered around providing student housing for the Lambda Chi Alpha fraternity. In essence, the company offers more than just housing, as it also provides meals, study areas, athletic activities, community support events, and social events for the resident students and additional members living in other facilities. The primary goal is to create an enriching living environment for the fraternity members, fostering their academic, social, and personal growth.
What is the revenue of Sp Holding Company?
Sp Holding Company's revenue in 2023 was $414,275.
Who are the executives of Sp Holding Company and what are their salaries?
There 9 volunteers at Sp Holding Company.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Sp Holding Company?
Sp Holding Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sp Holding Company
Sp Holding Company, as stated in its mission, is dedicated to providing student housing for the Lambda Chi Alpha fraternity. In essence, this organization serves as a home for the fraternity members, offering more than just a place to sleep. Sp Holding Company provides a comprehensive living arrangement, including meals, study halls, athletic activities, community support events, and social gatherings. This holistic approach aims to support the residential students and additional members who reside in other facilities, ensuring a well-rounded living experience that promotes academic success, physical well-being, and social engagement.
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Impact
October, 2024
Sp Holding Company plays a significant role in enhancing the student experience for members of the Lambda Chi Alpha fraternity in Norman, Oklahoma. By providing dedicated housing, the organization creates a supportive environment where fraternity members can thrive academically and socially.
The company facilitates not just housing but also essential services such as meals, study halls, and athletic activities, which promote a well-rounded lifestyle for its residents. Additionally, community support activities and social events foster a sense of belonging and encourage brotherhood among members.
This comprehensive approach to student housing ensures that residents have access to the resources they need to succeed in their educational pursuits while also engaging in community building and personal development. Sp Holding Company thus contributes significantly to fostering a nurturing and enriching atmosphere for fraternity members, enhancing both their college experience and personal growth.
This information is meant to be a general summary of Sp Holding Company. 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: $279
- Program Service Revenue: $375,865
- Gross Receipts: $414,275
Assets and Liabilities:
- Total Assets: $2,611,305
- Total Liabilities: $2,727,935
- Net Assets: -$116,630
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOOVER DUPLEX UNITS
Revenue
$208,308
904 COLLEGE AVE
Revenue
$164,500
RETAINED DEPOSITS
Revenue
$3,057
Organization Details
Founding Year
1927
Principal Officer
Tim Holt
NTEE Category
Code: B83 - Education
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