Austin Limestone Management Group Inc

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

EIN: 742967266 ✦ Austin, TX ✦ Designated as a 501(c)(7)

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Overview

What is Austin Limestone Management Group Inc?

Austin Limestone Management Group Inc, located in Austin, Texas, serves as the manager of a fraternity house. Their primary responsibilities include overseeing daily operations, organizing special events and activities, and ensuring top-notch services for the residents. They collect monthly rent from house dwellers and dues from all chapter members, utilizing the funds for the upkeep of the facility. Furthermore, Austin Limestone Management Group Inc fosters meaningful engagement with the Texas Alpha Chapter of the Phi Kappa Psi Fraternity, their members, tenants, and their families, as well as alums.

Is Austin Limestone Management Group Inc legitimate?

Austin Limestone Management Group Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Austin Limestone Management Group 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: $54,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Austin Limestone Management Group Inc?

Austin Limestone Management Group Inc. primarily manages a fraternity residence, collecting monthly rent from residents and dues from all chapter members. They oversee the daily operations of the house, organize special events and activities, and ensure first-class services are provided. Their mission involves facilitating an engaging environment for the Texas Alpha Chapter of Phi Kappa Psi Fraternity and its members, tenants, and their families, as well as alumni. Additionally, they offer living accommodations and assist in the utilization of the facility.

Who is the CEO of Austin Limestone Management Group Inc?

Spencer Stewart is the President of Austin Limestone Management Group Inc.

What is the revenue of Austin Limestone Management Group Inc?

Austin Limestone Management Group Inc's revenue in 2022 was $1,524,457.

Who are the executives of Austin Limestone Management Group Inc and what are their salaries?


Here are 3 key members and their salaries:


Spencer Stewart (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conrad Fried (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Kifle (Executive Dir.)
  • Compensation: $54,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Austin Limestone Management Group Inc?

Austin Limestone Management Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Austin Limestone Management Group Inc

Austin Limestone Management Group, Inc., or ALMG, is an organization that is tasked with managing a fraternity house. Their primary responsibility involves collecting monthly rent from the individuals residing in the house and dues from all chapter members. Beyond financial management, ALMG also provides various services to the members, tenants, and their families. These services include managing daily operations, organizing special events and activities, and ensuring first-class living accommodations. In addition, ALMG engages with the Texas Alpha Chapter of the Phi Kappa Psi Fraternity and its members, fostering meaningful connections with their families and alums. The group's mission is to effectively manage the fraternity house while fostering a sense of community and engagement among its members.

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Impact




October, 2024

Austin Limestone Management Group Inc. plays a pivotal role in fostering a sense of community and support among the members of the Texas Alpha Chapter of the Phi Kappa Psi Fraternity and their families. By managing a fraternity house in Austin, Texas, ALMG facilitates essential living accommodations that enhance the college experience for its residents.

The organization collects monthly rents and dues, which are channeled into maintaining and improving the facility, thus ensuring a comfortable and conducive living environment. Beyond mere housing, ALMG provides a range of services, including daily operations and the organization of special events and activities, which promote engagement and camaraderie among members.

This involvement helps to create lasting connections and a strong support network, not only for the current tenants but also for alumni and their families, bridging generations within the fraternity. Through these efforts, ALMG significantly contributes to the educational and social development of its members, highlighting its commitment to enriching the fraternity experience in Austin.




This information is meant to be a general summary of Austin Limestone Management Group 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.

Revenue
$1,524,457 (2022)
Expenses
$1,503,983 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4
  • Program Service Revenue: $495,352
  • Gross Receipts: $1,524,457

Assets and Liabilities:

  • Total Assets: $144,570
  • Total Liabilities: $39,084
  • Net Assets: $105,486

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Programs

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

House rental

Revenue

$495,352

Organization Details

Founding Year

2000

Principal Officer

Spencer Stewart

Main Address

PO Box 28061, Austin, TX, 787558061

NTEE Category

Code: B83 - Education

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