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Iota Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201194576 ✦ Petaluma, CA ✦ Designated as a 501(c)(3)

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Overview

What is Iota Foundation?

The Iota Foundation is a nonprofit organization situated in Petaluma, California. Its primary mission is to support the educational and charitable initiatives of the Iota Chapter of Zeta Psi Fraternity at the University of California, Berkeley. This includes promoting academic excellence at Berkeley, offering scholarships and aid to deserving students, and participating in charitable and community service projects under the fraternity's auspices. The foundation's activities are geared towards upholding its tax-exempt purpose, thereby contributing positively to the academic and social landscape of the university.


Official website here: www.iotafoundation.com

Is Iota Foundation legitimate?

Iota Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iota Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.iotafoundation.com

What is the mission statement of Iota Foundation?

The Iota Foundation's mission is centered around supporting and promoting educational and charitable programs and activities of the Iota Chapter of Zeta Psi Fraternity at the University of California, Berkeley. The foundation aims to foster academic excellence at the university, provide academic scholarships to deserving individuals in need, and engage in charitable and community service projects. Furthermore, it undertakes activities consistent with its exempt purposes, which primarily involve supporting the fraternity and Berkeley's community.


Official website here: www.iotafoundation.com

Who is the CEO of Iota Foundation?

Matt Tunney is the Secretary of Iota Foundation.


Official website here: www.iotafoundation.com

What is the revenue of Iota Foundation?

Iota Foundation's revenue in 2022 was $26,564.


Official website here: www.iotafoundation.com

Who are the executives of Iota Foundation and what are their salaries?

There 6 volunteers at Iota Foundation.


Here are 8 key members and their salaries:


Mike Marino Left 07012022 (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Pounds (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Skinner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greig Lagomarsino Left 07012022 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Tunney (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Maechling Joined 07012022 (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Meade Joined 07012022 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Gibbons Joined 07012022 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iotafoundation.com

Where can I find the form 990 for Iota Foundation?

Iota Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iotafoundation.com

Learn more at the official website: www.iotafoundation.com

Mission Statement of Iota Foundation

The Iota Foundation, in its mission, seeks to support various educational and charitable programs and activities of the Iota Chapter of Zeta Psi Fraternity at the University of California, Berkeley. This nonprofit organization aims to promote academic excellence at Berkeley, providing academic scholarships and support to qualified, needy, and deserving individuals. Beyond this, Iota Foundation conducts and supports charitable and community service programs and projects of the fraternity and Berkeley, performing activities consistent with its exempt purposes. In essence, the Iota Foundation's mission is centered around enhancing educational opportunities, fostering academic success, and contributing to charitable and community service projects at the University of California, Berkeley.

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Impact




August, 2024

The Iota Foundation's impact is focused on supporting the educational and charitable programs and activities of the Iota Chapter of Zeta Psi Fraternity at the University of California, Berkeley. They promote academic excellence at Berkeley, provide academic scholarships and support to qualified needy and deserving individuals, and conduct and support charitable and community service programs and projects. Their work aligns with their mission to contribute positively to the academic and charitable initiatives of the fraternity and Berkeley, ultimately making a difference in the lives of those they support.




This information is meant to be a general summary of Iota Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$26,564 (2022)
Expenses
$23,355 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$250
  • Gross Receipts: $88,407

Assets and Liabilities:

  • Total Assets: $440,375
  • Total Liabilities: $0
  • Net Assets: $440,375

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Organization Details

Founding Year

2009

Principal Officer

Matt Tunney

Main Address

201 FIRST STREET 208, PETALUMA, CA, 94952

NTEE Category

Code: B82 - Education

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