Broad Street Holdings Inc

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

EIN: 854181301 ✦ Carmel, IN ✦ Designated as a 501(c)(2)

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Overview

What is Broad Street Holdings Inc?

Broad Street Holdings Inc, based in Carmel, Indiana, serves as a title holding entity for the benefit of Theta Chi Fraternity. This nonprofit organization's primary function is to maintain ownership of property on behalf of the fraternity. While the information provided is limited, it implies that Broad Street Holdings Inc plays a crucial role in ensuring the legal protection and management of Theta Chi Fraternity's property interests. This collaboration could potentially support the fraternity's activities and missions, contributing to its overall operations and growth.

Is Broad Street Holdings Inc legitimate?

Broad Street Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Broad Street 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

For more financial information, click here

What is the mission statement of Broad Street Holdings Inc?

Broad Street Holdings Inc's primary role is to manage property on behalf of Theta Chi Fraternity. This mission is centered around safeguarding the title of the property, ensuring its benefits are exclusively for the use of the fraternity. By doing so, Broad Street Holdings Inc plays a crucial role in supporting the activities and operations of Theta Chi Fraternity, ultimately contributing to its overall well-being.

Who is the CEO of Broad Street Holdings Inc?

James Powell is the President/Secretary of Broad Street Holdings Inc.

What is the revenue of Broad Street Holdings Inc?

Broad Street Holdings Inc's revenue in 2022 was $2,758,560.

Who are the executives of Broad Street Holdings Inc and what are their salaries?


Here are 5 key members and their salaries:


Michael Mayer (President/Secretary)
  • Compensation: $0
  • Related: $205,625
  • Other: $19,856
James Powell (Treasurer)
  • Compensation: $0
  • Related: $152,000
  • Other: $17,018
Creig Andreason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tobin Roth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mcmahon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Broad Street Holdings Inc?

Broad Street Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Broad Street Holdings Inc

Broad Street Holdings Inc, as stated in its mission, exists primarily to serve a specific beneficiary: Theta Chi Fraternity. The organization's primary role is to hold title to property on behalf of this fraternity. This means that Broad Street Holdings Inc acts as a steward of the property, ensuring that it remains under the control and ownership of Theta Chi Fraternity. This mission is crucial in maintaining the fraternity's assets and providing a secure base for its operations. By holding title to property, Broad Street Holdings Inc plays a supporting role in the continued success and existence of Theta Chi Fraternity.

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Impact




October, 2024

Broad Street Holdings Inc plays a crucial role in supporting and maintaining property ownership for the Theta Chi Fraternity. By holding title to the property, it ensures that the fraternity has a stable and dedicated space for its activities and gatherings. This focus on property management contributes to the community by fostering a sense of belonging and instilling values among its members. Additionally, the organization's efforts in maintaining property not only benefit the fraternity but also enhance the surrounding environment in Carmel, IN, promoting community improvement and engagement.




This information is meant to be a general summary of Broad Street 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.

Revenue
$2,758,560 (2022)
Expenses
$1,395 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $49,310
  • Gross Receipts: $2,758,560

Assets and Liabilities:

  • Total Assets: $2,490,882
  • Total Liabilities: $497
  • Net Assets: $2,490,385

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Organization Details

Founding Year

2020

Principal Officer

James Powell

Main Address

865 W CARMEL DRIVE, CARMEL, IN, 46032

NTEE Category

Code: S47 - Community improvement

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