- Revenue 2024
- $1,347,507
- Expenses 2024
- $578,831
Program services were 98.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- T20
- Classification
- 1000
- Street
- 2800 W BETHEL AVE
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
4 other organizations in the IRS Business Master File list the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
BALL STATE UNIVERSITY ALUMNI ASSOCIATION INC
EIN 27-0458828
-
BALL STATE UNIVERSITY FOUNDATION
EIN 35-6024566
-
BSU WOMENS CLUB
EIN 35-1928254
-
CARDINAL FUNDS INC
EIN 20-5733080
Mission and programs · 2024
Mission
CARDINAL PROPERTIES, INC. RECEIVES, HOLDS, MANAGES, AND DISPOSES OF REAL ESTATE, INTERESTS IN REAL ESTATE (INCLUDING CONSERVATION EASEMENTS), AND TANGIBLE AND INTANGIBLE PERSONAL PROPERTY FOR THE BENEFIT OF BALL STATE UNIVERSITY FOUNDATION.
Activities or mission (Part I)
CARDINAL PROPERTIES, INC. ACCEPTS AND MANAGES REAL ESTATE, INTERESTS IN REAL ESTATE, AND TANGIBLE AND INTANGIBLE PERSONAL PROPERTY FOR THE BENEFIT OF BSU FOUNDATION.
-
HOLDING AND MANAGING REAL ESTATE PROPERTIES THROUGHOUT THE YEAR USED FOR STUDENT HOUSING BY BALL STATE UNIVERSITY, AS WELL AS HOLDING AND MANAGING OTHER PROPERTIES AND REAL ESTATE ACTIVITIES OF BALL STATE UNIVERSITY FOUNDATION.
Expenses $567,527 · Revenue $543,094
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Kenneth R Briner
Board Vice President
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Randall E Pond
Board President
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Stephen J Wachtmann
Board Secretary/Treasurer
- Total calculated
- $221,650
- From this org
- $0
- From related orgs
- $189,133
- Other
- $32,517
- Hours/week
- 4 + 51 related
Schedule J breakdown matched by us
- Base
- $0 + $189,133 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $20,936 related
- Nontaxable benefits
- $0 + $11,581 related
- Filer's total
- $0 + $221,650 related
-
Alan Finn
VP for Business Affairs & Treasurer (End 02/25)
- Total calculated
- $346,699
- From this org
- $0
- From related orgs
- $303,899
- Other
- $42,800
- Hours/week
- 1 + 54 related
Schedule J breakdown matched by us
- Base
- $0 + $303,899 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $32,477 related
- Nontaxable benefits
- $0 + $10,323 related
- Filer's total
- $0 + $346,699 related
-
Geoffrey S Mearns
Board Member
- Total calculated
- $680,526
- From this org
- $0
- From related orgs
- $606,100
- Other
- $74,426
- Hours/week
- 1 + 54 related
Schedule J breakdown matched by us
- Base
- $0 + $606,100 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $62,081 related
- Nontaxable benefits
- $0 + $12,345 related
- Filer's total
- $0 + $680,526 related
-
Gregory Zimmerman
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jean Kramer Crosby
Board Member
- Total calculated
- $340,338
- From this org
- $0
- From related orgs
- $307,156
- Other
- $33,182
- Hours/week
- 4 + 51 related
Schedule J breakdown matched by us
- Base
- $0 + $307,156 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $30,107 related
- Nontaxable benefits
- $0 + $3,075 related
- Filer's total
- $0 + $340,338 related
-
Michael Ray
Ex Officio Board Member
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Sue Hodges Moore
INTERIM VP FOR BUSINESS AFFAIRS & TREASURER (Beg 03/25)
- Total calculated
- $0
- Hours/week
- 1 + 54 related
-
Sundesh Shah
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
William P Cooper
BOARD MEMBER
- Total calculated
- $200,412
- From this org
- $0
- From related orgs
- $173,417
- Other
- $26,995
- Hours/week
- 2 + 53 related
Schedule J breakdown matched by us
- Base
- $0 + $173,417 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $18,918 related
- Nontaxable benefits
- $0 + $8,077 related
- Filer's total
- $0 + $200,412 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $1,347,507
- Expenses
- $578,831
- Contributions
- $0
- Grants paid
- $0
-
2023
- Revenue
- $492,197
- Expenses
- $706,361
- Contributions
- $0
- Grants paid
- $0
-
2022
- Revenue
- $731,471
- Expenses
- $972,517
- Contributions
- $179,500
- Grants paid
- $169,359
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $343,385
- Expenses
- $1,188,141
- Assets (EOY)
- $6,897,928
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $790,993
- Expenses
- $850,862
- Assets (EOY)
- $7,821,616
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- -$2,127,613
- Expenses
- $2,205,116
- Assets (EOY)
- $7,919,065
-
2018 · 990
- Revenue
- $4,962,455
- Expenses
- $867,628
- Assets (EOY)
- $12,354,691
-
2017 · 990
- Revenue
- $611,598
- Expenses
- $737,121
- Assets (EOY)
- $9,196,387
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
BALL STATE UNIVERSITY FOUNDATION
$169,359
2022 SEE PART IV
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
Ball State University Foundation
501(c)(3) · Support · IN
-
501(c)(3) · Investments · IN
-
Ball State University
Education · IN
-
Ball State University Alumni Association
501(c)(3) · Alumni Support · IN
Declared as related by
-
BALL STATE UNIVERSITY ALUMNI ASSOCIATION INC
On its 2024 return
-
BALL STATE UNIVERSITY FOUNDATION
On its 2024 return as a controlled entity
-
On its 2023 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility SOUNK.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.