Skip to main content

Nonprofit · EIN 63-1077483

IOTA IOTA CORPORATION

Tax-exempt · TUSCALOOSA, AL 35487

Financials

$1.2M$1.3M2023$1.3M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of IOTA IOTA CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,254,595$1,241,507$13,088$6,480,158$4,450,068$2,030,090
June 30, 2024990$1,204,818$1,269,062-$64,244$6,485,179$4,468,177$2,017,002
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,251,774
Investment income
$2,821
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$110,595
Salaries, compensation and benefits (total)
$119,065
Professional fundraising fees
$0
Legal fees
$12,000
Accounting fees
$6,360
Depreciation
$267,768
Program services (functional)
$1,241,507

Balance sheet and other

Total assets, start of year
$6,485,180
Total assets, end of year
$6,480,158
Total liabilities, end of year
$4,450,068
Net assets, end of year
$2,030,090
Land, buildings and equipment
$4,313,251
Gross unrelated business income
$2,821
Gross receipts
$1,254,595
Employees
0
Year formed
1994
State of legal domicile
AL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
E ASHTON HILLDirector
Trustee or director
1$0
James W Yeldell IIIPresident
Trustee or director, Officer
2$0
William F StiersVice President
Trustee or director, Officer
2$0
Hunter RossSecretary
Trustee or director, Officer
2$0
Johnny M FrazierTreasurer
Trustee or director, Officer
2$0
STEVEN CROSSDirector
Trustee or director
1$0
R Shan PadenDirector
Trustee or director
1$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
E ASHTON HILLDirector
Trustee or director
1$0
James W Yeldell IIIPresident
Trustee or director, Officer
2$0
William F StiersVice President
Trustee or director, Officer
2$0
Hunter RossSecretary
Trustee or director, Officer
2$0
Johnny M FrazierTreasurer
Trustee or director, Officer
2$0
STEVEN CROSSDirector
Trustee or director
1$0
R Shan PadenDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
180 UNIVERSITY AVE, TUSCALOOSA, AL 35487-0001
Signed the 990
Johnny M Frazier, Treasurer
Phone
(205) 441-6833
Return prepared by
CHARLES T MITCHELL CO PLLC

Mission

To provide housing, meals & support for an undergraduate chapter of a national collegiate social fraternity

990 for the year ended June 30, 2025

Program accomplishments

  • To provide housing, meals & support for an undergraduate chaper of a national collegiate social fraternity

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
63-1077483
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1997
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,480,158
Income (IRS master file)
$1,254,595

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,254,595$1,241,507$6,480,158IRS
990June 2024$1,204,818$1,269,062$6,485,179XML
990June 2023$1,277,275$1,294,654$6,662,326IRS
990June 2022$1,479,716$1,114,069$6,824,064IRS
990June 2021–––IRS
990June 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 63-1077483).

Questions about IOTA IOTA CORPORATION

What is the EIN of IOTA IOTA CORPORATION?
The employer identification number (EIN) of IOTA IOTA CORPORATION is 63-1077483.
Is IOTA IOTA CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1997.
Are donations to IOTA IOTA CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does IOTA IOTA CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IOTA IOTA CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IOTA IOTA CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of IOTA IOTA CORPORATION?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does IOTA IOTA CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,254,595, expenses of $1,241,507 and total assets of $6,480,158 at year end.

Other nonprofits in TUSCALOOSA

All nonprofits in TUSCALOOSA · Alabama