Overview
What is Osb Holdings Inc?
Osb Holdings Inc is a nonprofit organization located in Carmel, Indiana, with a specific mission. They serve as a title holder for property, acting on behalf of Theta Chi Fraternity. This role ensures the fraternity's rights to the property are securely managed, supporting their operations in an indirect yet crucial manner. Osb Holdings Inc's purpose, in essence, is to safeguard the property interests of Theta Chi Fraternity.
Is Osb Holdings Inc legitimate?
Osb Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Osb Holdings 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Osb Holdings Inc?
Osb Holdings Inc's primary role is to manage and hold title to property, acting as a beneficiary on behalf of Theta Chi Fraternity. This mission is centered around ensuring the fraternity's property interests are secure and well-maintained. The company's activities revolve around managing and preserving this property for the benefit of Theta Chi Fraternity. It does not engage in any operational activities related to the property, but rather holds it in trust for the fraternity's use. This is a critical function that ensures the fraternity's long-term property interests remain secure and protected.
Who is the CEO of Osb Holdings Inc?
James Powell is the President/Secretary of Osb Holdings Inc.
What is the revenue of Osb Holdings Inc?
Osb Holdings Inc's revenue in 2022 was $1,533,830.
Who are the executives of Osb Holdings Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $205,625
- Other: $19,856
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $152,000
- Other: $17,018
Where can I find the form 990 for Osb Holdings Inc?
Osb Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Osb Holdings Inc
Osb Holdings Inc, as per its mission statement, serves to safeguard property titles for the benefit of Theta Chi Fraternity. In simpler terms, this organization's purpose is to act as a custodian, ensuring the fraternity's legal ownership of its property assets. By holding the title to these properties, Osb Holdings Inc plays a crucial role in maintaining the fraternity's real estate interests, thereby contributing to its overall operational stability.
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Impact
October, 2024
Osb Holdings Inc plays a significant role in supporting the Theta Chi Fraternity by holding title to property specifically designated for its benefit. This activity not only provides a stable physical space for fraternity members but also fosters community engagement and improvement. By managing property interests for Theta Chi, Osb Holdings Inc contributes to the fraternity's continuity, allowing it to focus on its mission and programs that enhance leadership development and camaraderie among its members. Located in Carmel, Indiana, the organization enhances the local community through its association with the fraternity, promoting values of brotherhood and community service.
This information is meant to be a general summary of Osb Holdings 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: $147,000
- Gross Receipts: $1,533,830
Assets and Liabilities:
- Total Assets: $2,326,805
- Total Liabilities: $989,712
- Net Assets: $1,337,093
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$147,000
Organization Details
Founding Year
2020
Phone
(317) 684-5226Principal Officer
James Powell
Main Address
865 WEST CARMEL DRIVE, CARMEL, IN, 46032
NTEE Category
Code: S99 - Community improvement
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