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Omega Life Membership Foundation Inc

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

EIN: 222608127 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Omega Life Membership Foundation Inc?

Omega Life Membership Foundation Inc is a nonprofit organization based in Washington, D.C. Its primary objective is to provide grants to other nonprofit organizations to enhance the academic capabilities of students. The foundation identifies areas where academic deficiencies exist and focuses its grants on building up these areas. Its mission is to support the growth and development of students, aiming to improve their overall academic performance. The specifics of its activities and the number of employees are not provided in the information.


Official website here: www.olmf.org

Is Omega Life Membership Foundation Inc legitimate?

Omega Life Membership Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omega Life Membership Foundation Inc 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.

Here 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.olmf.org

What is the mission statement of Omega Life Membership Foundation Inc?

The Omega Life Membership Foundation Inc's mission is centered around providing grants to nonprofit organizations. Their primary objective is to strengthen students and focus on improving areas where academic deficiencies can be addressed. The foundation aims to support organizations that can effectively enhance students' abilities, thereby filling in any academic gaps.


Official website here: www.olmf.org

Who is the CEO of Omega Life Membership Foundation Inc?

Kenneth Patterson is the Director of Omega Life Membership Foundation Inc.


Official website here: www.olmf.org

What is the revenue of Omega Life Membership Foundation Inc?

Omega Life Membership Foundation Inc's revenue in 2021 was $1,330,874.


Official website here: www.olmf.org

Who are the executives of Omega Life Membership Foundation Inc and what are their salaries?

Here are 18 key members and their salaries:

    David Beckley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Albert Benefield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony U Bostwick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Boykin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Brown (Immediate Pa) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Clark (Asst. Treasu) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald Dugas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reginald A Henry (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Holliday (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dewitt Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sedric D Myers (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Patterson (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Pittman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Myron Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Ackles Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Burnett Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stanford T Williams (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.olmf.org

    Where can I find the form 990 for Omega Life Membership Foundation Inc?

    The Omega Life Membership Foundation Inc’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.olmf.org

    Learn more at the official website: www.olmf.org

    Mission Statement of Omega Life Membership Foundation Inc

    Omega Life Membership Foundation Inc is an organization that dedicates its resources to granting funds to nonprofit entities. Its mission is centered around bolstering the capabilities of students and focusing on the domains where academic shortcomings may be rectified. By providing these grants, Omega Life Membership Foundation Inc aims to contribute to the overall improvement of academic performance in students. The foundation's objective is to positively impact the educational journey of students, focusing on areas where they might require additional support.

    Impact

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




    Thursday, August 15, 2024

    Omega Life Membership Foundation Inc's impact lies in providing grants to organizations that work towards building strengths in students and focusing on improving academic deficiencies. This philanthropic effort aims to uplift students and enhance their educational experience, ultimately contributing to the overall betterment of the community. By supporting these organizations, Omega Life Membership Foundation Inc is helping to address educational challenges and empower students to reach their full potential.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $198,591
  • Program Service Revenue: $11,407
  • Gross Receipts: $1,830,062

    • Assets and Liabilities:
  • Total Assets: $7,350,180
  • Total Liabilities: $9,999
  • Net Assets: $7,340,181
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    VIRTUAL MEETING REGISTRATION

    Revenue

    $10,060

    PIN INCOME

    Revenue

    $1,347

    Organization Details

    Founding Year

    1984

    Principal Officer

    Kenneth Patterson

    Main Address

    PO BOX 92882, WASHINGTON, DC, 200902882

    NTEE Category

    Code: T22Z - Philanthropy

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