Baxter Hall Properties Inc
- Assets
- $88.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holt Summit, MO
- Founding
- 09/2012
- Data as of
- 06/2023
- EIN
- 45-4200684
Organization Overview
Baxter Hall Properties Inc is located in Holt Summit, MO. The organization was established in 2012. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baxter Hall Properties Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Baxter Hall Properties Inc generated $117.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $150.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF BAXTER HALL PROPERTIES IS TO GIVE GUIDANCE AND SUPPORT TO THE ZETA CHI CHAPTER OF PI KAPPA ALPHA IN THE FOR OF MAINTAINING THEIR HOUSING SITUATION. WE SERVE AS A THIRD PARTY INTERMEDIARY BY ENTERING INTO RENTAL CONTRACTS WITH COMPANIES LEASING FRATERNITY HOUSES WHILE ALSO ENTERING INTO A CONTRACT WITH THE ZETA CHI CHAPTER. WE HAVE INCOME CONSISTING OF RENTAL REVENUE FROM THE CHAPTER AND DONATIONS TO GO TOWARD HOUSE MAINTENANCE, AND WE HAVE EXPENSES INCLUDING RENT EXPENSE PAYABLE TO THE RENTAL COMPANY THAT OWNS THE ZETA CHI CHAPTER'S CURRENT FRATERNITY HOUSE AND ANY ONGOING MAINTENANCE AND UPKEEP EXPENSES FOR THE HOUSE. NO CONTRACTS WERE ENTERED INTO DURING THE 2015 FISCAL YEAR
Describe the Organization's Program Activity:
Part 3
SECURITY DEPOSIT PAID TO LANTZ RENTALS, LLC UPON DEAL REACHED TO OCCUPY THE CHAPTER'S FIRST OFFICIAL FRATERNITY HOUSE.
PAID FOR FURNISHINGS FOR THE NEWLY ACQUIRED PI KAPPA ALPHA HOUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Schlitt President | 5 | $0 | |
Jeff Schaumburg Treasurer | 3 | $0 | |
Dan Folluo Secretary | 2 | $0 | |
Joseph Kuentsing Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $117,000 |
| Membership dues | $0 |
| Investment income | $389 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $117,389 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26 |
| Occupancy, rent, utilities, and maintenance | $150,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $150,026 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,833 |
| Other assets | $0 |
| Total assets | $88,833 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,833 |