Zbt National Housing Inc
- Assets
- $5.6m
- Revenue
- $1.0m
- Investments
- $166.6k
- Employees
- 4
- Location
- Carmel, IN
- Founding
- 04/1946
- Data as of
- 05/2022
- EIN
- 13-6132602
Organization Overview
Zbt National Housing Inc is located in Carmel, IN. The organization was established in 1946. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2022, Zbt National Housing Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zbt National Housing Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 05/2022, Zbt National Housing Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $1.2m during the year ending 05/2022. While expenses have increased by 14.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS TO LOAN TO FRATERNITY CHAPTERS AND HOLD TITLE TO CHAPTER HOUSING PROPERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FRATERNITY LOANS
TO PROVIDE CHAPTER HOUSING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Tobe 6121-113021 Executive Director | Officer | 40 | $134,536 |
Amanda Andert Director Of Operations | Officer | 40 | $58,297 |
Jeffrey Levien Treasurer | OfficerTrustee | 1 | $0 |
Myles Beck Secretary | OfficerTrustee | 1 | $0 |
Joel Epstein Vice President | OfficerTrustee | 1 | $0 |
Cliff Schneider President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,888 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,888 |
| Total Program Service Revenue | $1,005,151 |
| Investment income | $4,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,013,179 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $360 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $148,069 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,473 |
| Payroll taxes | $72,076 |
| Fees for services: Management | $15,972 |
| Fees for services: Legal | $6,795 |
| Fees for services: Accounting | $21,103 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $330 |
| Fees for services: Other | $12,989 |
| Advertising and promotion | $0 |
| Office expenses | $15,860 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $319,928 |
| Travel | $16,702 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $61,495 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $198,558 |
| Insurance | $483 |
| All other expenses | $0 |
| Total functional expenses | $1,165,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $552,518 |
| Savings and temporary cash investments | $516,132 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,522 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $196,736 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,924 |
| Net Land, buildings, and equipment | $4,044,728 |
| Investments—publicly traded securities | $118,039 |
| Investments—other securities | $166,644 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,637,243 |
| Accounts payable and accrued expenses | $61,916 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $21,938 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,209,766 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $424,775 |
| Total liabilities | $2,718,395 |
| Net assets without donor restrictions | $2,918,848 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,637,243 |
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