Overview
What is Royalty Owner Institute?
The Royalty Owner Institute is a nonprofit organization based in Corinth, Texas, with the mission to empower mineral owners by providing them with the necessary knowledge and skills to manage their royalty assets as a business, rather than treating them as passive income. Established with the goal of increasing returns on investments from these assets, the Institute offers educational resources that help mineral owners effectively manage their precious mineral assets in a business-like manner.
Official website here: www.royaltyownerinstitute.org
Is Royalty Owner Institute legitimate?
Royalty Owner Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royalty Owner Institute 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Royalty Owner Institute?
The Royalty Owner Institute's mission is centered around empowering mineral owners to effectively manage their royalty assets. This organization aims to transform these assets from passive income sources into active business ventures, thereby maximizing returns. By offering knowledge and skills, the Institute encourages mineral owners to adopt a business-oriented approach towards managing their precious assets, ultimately leading to a higher return on investment.
Official website here: www.royaltyownerinstitute.org
Who is the CEO of Royalty Owner Institute?
John Baum is the Logistics Manager of Royalty Owner Institute.
Official website here: www.royaltyownerinstitute.org
What is the revenue of Royalty Owner Institute?
Royalty Owner Institute's revenue in 2022 was $0.
Official website here: www.royaltyownerinstitute.org
Who are the executives of Royalty Owner Institute and what are their salaries?
- Sallie Baum (Logistics Manager) [Trustee/Director]
- John Baum (Founder And President)
- Ashley Landers (Program Director And Coord)
Official website here: www.royaltyownerinstitute.org
Where can I find the form 990 for Royalty Owner Institute?
The Royalty Owner Institute’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.royaltyownerinstitute.org
Learn more at the official website: www.royaltyownerinstitute.org
Mission Statement of Royalty Owner Institute
The Royalty Owner Institute, a non-profit organization, is dedicated to equipping mineral owners with the necessary knowledge and skills to effectively manage their royalty assets. Its mission is twofold: to help these owners view their royalty assets as a business, rather than merely a source of passive income, and to provide them with the tools and confidence to maximize their returns. The Institute strives to empower its participants, ensuring they can manage their precious mineral assets in a business-like manner, ultimately leading to a higher return on investment.
Impact
This information is meant to be a general summary of Royalty Owner Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Tuesday, June 18, 2024
The Royalty Owner Institute empowers mineral owners by equipping them with the knowledge and skills to effectively manage their royalty assets. By educating participants on how to approach their precious mineral assets in a business-like manner, the institute helps them achieve a significantly higher return on investment. Through its commitment to providing essential training and guidance, the Royalty Owner Institute is instrumental in helping individuals optimize the potential of their royalty holdings and turn them into sustainable sources of income.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2018
Phone
(800) 255-1261
Principal Officer
John Baum
Main Address
2300 LAKE SHARON DR, CORINTH, TX, 76210
NTEE Category
Code: C35 - Environment
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