Scorpion Benefit Corporation

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

EIN: 956045363 ✦ Los angeles, CA ✦ Designated as a 501(c)(7)

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Overview

What is Scorpion Benefit Corporation?

Scorpion Benefit Corporation serves as the local chapter of a national college fraternity, offering its members exclusive accommodations in the form of room and board. This nonprofit organization, while the description is limited, is committed to providing a residential space for its fraternity members. It's important to note that this organization's primary focus is on offering a living space, with no additional details provided regarding any other charitable or social missions.

Is Scorpion Benefit Corporation legitimate?

Scorpion Benefit Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Scorpion Benefit Corporation 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: $78,721

For more financial information, click here

What is the mission statement of Scorpion Benefit Corporation?

Scorpion Benefit Corporation holds the title to a local chapter of a national college fraternity, offering room and board exclusively for its members. While the provided information does not detail an explicit mission statement, the organization's primary activity can be inferred as providing a residential space and related services for the members of this fraternity. It is essential to note that the mission statement focused on promoting a specific cause or advancing a particular goal is not apparent in the data presented.

Who is the CEO of Scorpion Benefit Corporation?

Conrad Solum Jr is the Principal Officer of Scorpion Benefit Corporation.

What is the revenue of Scorpion Benefit Corporation?

Scorpion Benefit Corporation's revenue in 2023 was $645,378.

Who are the executives of Scorpion Benefit Corporation and what are their salaries?

The average compensation at Scorpion Benefit Corporation during 2023 was $15,744. There are 5 employees and 5 volunteers at Scorpion Benefit Corporation.


Here are 3 key members and their salaries:


David Bohline (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Tule (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ranshaw (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Scorpion Benefit Corporation?

Scorpion Benefit Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Scorpion Benefit Corporation

Scorpion Benefit Corporation, as the holder of a local chapter of a national college fraternity, serves a unique mission. This mission primarily revolves around providing room and board facilities exclusively for its fraternity members. By assuming this role, Scorpion Benefit Corporation fosters a sense of community and camaraderie among its members, offering them a shared living space during their college years. Although the information provided does not delve into the broader objectives or impact of this organization, it is clear that Scorpion Benefit Corporation plays a significant role in the collegiate experience of its fraternity members by providing them with a place to call home.

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Impact




October, 2024

Scorpion Benefit Corporation plays a significant role in enhancing the college experience for its members by providing essential housing and support services. By holding the title to a local chapter of a national college fraternity, the organization ensures that students have a safe and supportive environment to live in, fostering a sense of community and belonging. This residential support is vital for academic success and personal development, as it allows members to focus on their studies while building lifelong friendships and networks. Overall, Scorpion Benefit Corporation contributes to the personal and social development of its members, ultimately enriching campus life in Los Angeles.




This information is meant to be a general summary of Scorpion Benefit Corporation. 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
$645,378 (2023)
Expenses
$512,817 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,452
  • Gross Receipts: $645,378

Assets and Liabilities:

  • Total Assets: $3,210,654
  • Total Liabilities: $2,081,780
  • Net Assets: $1,128,874

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Organization Details

Founding Year

1948

Principal Officer

Conrad Solum Jr

Main Address

10960 Wilshire Blvd, Los Angeles, CA, 90024

NTEE Category

Code: N50 - Recreation

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