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Governance Register
US nonprofit · EIN 201872207 · Muncie, INiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 201872207) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe tenure.Latest return IRS Form 990 series e-file data - 990 for the year to 30 June 2025: assets, liabilities, staff, website, telephone, pay, related organisations (Schedule R).Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue (us-approach-v4-clean). Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code SOUNK), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Cardinal Properties Inc's network

11 people4 organisationsi11 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (11). Violet dotted lines (6) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

11 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 10 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Alan T Finn (also filed as Alan Finn)Board Member2021
5 yrs
Donald Ray Allen (also filed as Donald Ray Allen)Board Member (End 3/24)2022
4 yrs
Geoffrey S Mearns (also filed as Geoffrey Mearns)Board Member2021
5 yrs
Gregory E Zimmerman (also filed as Gregory Zimmerman, Gregory Zimmerman)Board Member2021
5 yrs
Jean Kramer CrosbyBoard Member2021
5 yrs
Kenneth R Briner (also filed as Kenneth Briner)Board Vice President2021
5 yrs
Michael Ray (also filed as Michael Ray)Ex Officio Board Member2023
3 yrs
Randall E Pond (also filed as Randall Pond)Board President2021
5 yrs
Stephen J Wachtmann (also filed as Stephen Wachtmann)Board Secretary/Treasurer2022
4 yrs
Sundesh ShahBoard Member2021
5 yrs
William P CooperBoard Member (Beg 3/24)2024
2 yrs
Under 5 years5 to 6 years6 years or moreShow all 11 →

Pay and hours

year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Kenneth R BrinerBoard Vice President1$0
Randall E PondBoard President1$0
Stephen J WachtmannBoard Secretary/Treasurer4$0$189k$33k
Alan FinnVP for Business Affairs & Treasurer (End 02/25)1$0$304k$43k
Geoffrey S MearnsBoard Member1$0$606k$74k
Gregory ZimmermanBoard Member1$0
Jean Kramer CrosbyBoard Member4$0$307k$33k
Michael RayEx Officio Board Member1$0
Sue Hodges MooreINTERIM VP FOR BUSINESS AFFAIRS & TREASURER (Beg 03/25)1$0
Sundesh ShahBoard Member1$0
William P CooperBoard Member2$0$173k$27k

About

Legal name
Cardinal Properties Inc
EIN
201872207
Address
2800 W Bethel Ave, Muncie, IN, 47304-2619
State
Indiana
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. (as filed on the Form 990)
Activity (NTEE)
T20 Philanthropy, voluntary services and grantmaking
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Philanthropy, Voluntarism & Grantmaking Foundations
Size band
7 (IRS master file code)
Formed
2003
IRS ruling date
1 August 2006
Status
Code 01 (unconditional exemption)
Form 990 filings on record
7, latest 2024
IRS Publication 78
SOUNK (contributions deductible)

Most connected

Related organisations (Schedule R)

Longest observed on the filings

≥5years on the filingsAlan T Finn
≥5years on the filingsGeoffrey S Mearns
≥5years on the filingsGregory E Zimmerman
≥5years on the filingsJean Kramer Crosby

Latest return

year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.
Total assets
$5.2m
Total liabilities
$8.1m
Net assets or fund balances
Minus $2.9m
Contributions and grants received
$0
Program service revenue
$532k
Employees
0
Volunteers
5

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2023$492k$706kDeficit $214k

As filed on the IRS Form 990. US dollars.