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Crucible Building Association

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

EIN: 841162529 ✦ Golden, CO ✦ Designated as a 501(c)(7)

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Overview

What is Crucible Building Association?

The Crucible Building Association is a nonprofit organization, specifically identified as owning and managing a fraternity house. This action leads to various sources of income, such as rental payments, mortgage interest expenses, and related depreciation costs. The primary mission of this association revolves around the management and operation of this fraternity house, providing a space for its residents and generating income through these activities.

Is Crucible Building Association legitimate?

Crucible Building Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Crucible Building Association 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: $6,053
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Crucible Building Association?

The Crucible Building Association's primary role is to manage a fraternity house. This organization generates income through rentals, incurs expenses such as mortgage interest and depreciation-related costs. Its mission, in essence, is to oversee this fraternity property effectively. However, the information provided does not specify a broader social or philanthropic mission statement for the Crucible Building Association.

Who is the CEO of Crucible Building Association?

Mark Vessely is the President of Crucible Building Association.

What is the revenue of Crucible Building Association?

Crucible Building Association's revenue in 2022 was $85,873.

Who are the executives of Crucible Building Association and what are their salaries?

There 10 volunteers at Crucible Building Association.


Here are 6 key members and their salaries:


Mark Vessely (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Weston Hamilton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Reeves (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Nydegger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Olson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Noelck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Crucible Building Association?

Crucible Building Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Crucible Building Association

The Crucible Building Association, as a nonprofit entity, is primarily dedicated to the ownership and management of a fraternity house. This mission involves generating income through rental arrangements, while simultaneously incurring expenses such as mortgage interest and depreciation-related costs. By overseeing this fraternity house, the Crucible Building Association contributes to the housing needs of a specific community, potentially serving as a hub for various activities and interactions among its residents. However, it is important to note that the provided information does not detail the specific purpose or impact of this fraternity house within its community or among its residents.

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Impact




October, 2024

Crucible Building Association significantly impacts the local community and its members by providing a structured environment for fraternity activities and living arrangements. By owning and managing a fraternity house in Golden, CO, it generates rental income that can be reinvested into maintaining and improving the property, ensuring it remains a safe and welcoming space for students.

The operations of the association also contribute to the local economy through the creation of job opportunities and by engaging with local services. Additionally, by fostering a community centered on education and personal development, the association helps cultivate leadership skills and social connections among its residents. The management of the fraternity house, along with its associated financial responsibilities, supports the broader educational mission of personal growth and camaraderie among its members.




This information is meant to be a general summary of Crucible Building Association. 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
$85,873 (2022)
Expenses
$145,043 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40
  • Gross Receipts: $129,218

Assets and Liabilities:

  • Total Assets: $2,266,441
  • Total Liabilities: $365,637
  • Net Assets: $1,900,804

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Organization Details

Founding Year

1990

Principal Officer

Mark Vessely

Main Address

P O Box 1191, Golden, CO, 80402

NTEE Category

Code: B198 - Education

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