Overview
What is Martlet Inc?
Martlet Inc, a nonprofit organization situated in Indianapolis, Indiana, primarily serves as a property custodian for the Delta Chi Fraternity. This role encompasses managing real estate-related matters on behalf of the fraternity. Operating as a real estate organization, Martlet Inc contributes to the upkeep and maintenance of the fraternity's property holdings, ensuring their smooth functioning and upholding their value.
Is Martlet Inc legitimate?
Martlet Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Martlet 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.
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What is the mission statement of Martlet Inc?
Martlet Inc serves a specific purpose by holding property for the Delta Chi Fraternity. As a real estate organization, Martlet's primary mission is to manage and maintain these properties on behalf of the fraternity. Its operations are not limited to property management, as it also functions as a real estate organization, implying that it may be involved in various real estate activities beyond property holding. However, the provided information does not specify the exact nature of these additional activities.
Who is the CEO of Martlet Inc?
Karl Grindel is the President of Martlet Inc.
What is the revenue of Martlet Inc?
Martlet Inc's revenue in 2022 was $132,000.
Who are the executives of Martlet Inc and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $147,391
- Other: $12,811
Where can I find the form 990 for Martlet Inc?
Martlet Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Martlet Inc
Martlet Inc, a nonprofit organization, is dedicated to serving the Delta Chi Fraternity by holding property on their behalf. Operating with a real estate focus, Martlet Inc manages these properties effectively, ensuring the fraternity's needs are met. By assuming this role, Martlet Inc plays a significant part in supporting the operations and growth of the Delta Chi Fraternity, demonstrating its commitment to the organization's interests.
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Impact
October, 2024
Martlet Inc plays a crucial role in supporting the Delta Chi Fraternity by managing and holding property that facilitates fraternity activities and community engagement. By acting as a real estate organization based in Indianapolis, IN, it provides a stable foundation for the fraternity, enhancing its ability to foster brotherhood, leadership, and community service among its members.
Their focus on property management contributes to community improvement by maintaining spaces that can be used for various fraternity events and outreach programs. This commitment not only serves the Delta Chi Fraternity but also positively impacts the surrounding community in Indianapolis, creating opportunities for civic engagement and social interaction. Through its operations, Martlet Inc ensures that the fraternity has the resources needed to thrive and fulfill its mission.
This information is meant to be a general summary of Martlet 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 2022.
- Program Service Revenue: $132,000
- Gross Receipts: $132,000
Assets and Liabilities:
- Total Assets: $1,589,475
- Total Liabilities: $90,899
- Net Assets: $1,498,576
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$132,000
Organization Details
Founding Year
2019
Phone
(463) 207-7200Principal Officer
Karl Grindel
Main Address
3845 N MERIDIAN STREET, INDIANAPOLIS, IN, 46208
NTEE Category
Code: S47 - Community improvement
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