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Oikos Community Corporation

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

EIN: 271393999 ✦ Flushing, NY ✦ Designated as a 501(c)(3)

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Overview

What is Oikos Community Corporation?

Oikos Community Corporation is a nonprofit organization situated in Flushing, New York, specifically at 43-00 171st Street. Their primary mission is to cater to the community's needs, providing a range of services such as pre-school education for 3- and 4-year-olds, daycare, summer camps, and sports ministries. During the school year, they serve around 30-35 children in their 3K/4K program. Oikos Community Corporation upholds traditional Christian beliefs while delivering these services, ensuring they align with Biblical principles. Their team consists of an education director, teachers, teacher assistants, an administrator, and additional part-time employees. Their holistic approach aims to positively impact the community by imparting Christian values. The organization employs a total of 40 individuals to achieve these goals.


Official website here: www.occny.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

Oikos Community Corporation has achieved a solid score of 88%, reflecting its commitment to transparency and accountability in its financial operations. The organization has a wholly independent board, earning top scores in both the majority independent board members and independent board size categories. Its financial statements are well-reviewed, and it has demonstrated no material diversion of assets, indicating sound financial management.

The high program expense ratio of 97.85% shows that the majority of their expenditures are directed towards their programs, which is a positive sign of effective resource allocation. Additionally, the organization follows protocols regarding conflict of interest and maintains thorough documentation for board meeting minutes.

However, there are some areas for improvement; notably, the absence of a whistleblower policy and document retention and destruction policy may pose risks to accountability and governance practices. Addressing these gaps could further enhance their operational integrity and community trust.


This AI summary has been generated from information found on Charity Navigator.

Is Oikos Community Corporation legitimate?

Oikos Community Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oikos Community Corporation 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: $93,571
Professional Fundraising Fees: $0
Other Salaries and Wages: $502,973

For more financial information, click here


Official website here: www.occny.org

What is the mission statement of Oikos Community Corporation?

Oikos Community Corporation's mission is centered around serving the community comprehensively. Their mission statement aims to address the community's physical, emotional, and spiritual needs through educational programs, counseling services, and various activities. This mission is grounded in traditional Christian beliefs, and the methods used to deliver these services adhere to Biblical principles. By providing these services, Oikos Community Corporation hopes to positively impact the community by instilling Christian values, demonstrating how faith can influence various aspects of life. Their offerings include preschool programs, daycare, summer camps, and sports ministries.


Official website here: www.occny.org

Who is the CEO of Oikos Community Corporation?

James Tam is the Secretary of Oikos Community Corporation.


Official website here: www.occny.org

What is the revenue of Oikos Community Corporation?

Oikos Community Corporation's revenue in 2022 was $961,255.


Official website here: www.occny.org

Who are the executives of Oikos Community Corporation and what are their salaries?

The average compensation at Oikos Community Corporation during 2022 was $14,914. There are 40 employees and 15 volunteers at Oikos Community Corporation.


Here are 4 key members and their salaries:


Wendy Wong (Secretary)
  • Compensation: $93,571
  • Related: $0
  • Other: $0
Dr Frank Tung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Stanley Kwong (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Tam (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.occny.org

Where can I find the form 990 for Oikos Community Corporation?

Oikos Community Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.occny.org

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

Mission Statement of Oikos Community Corporation

Oikos Community Corporation, a not-for-profit organization, is committed to serving its community holistically. Their mission is centered around addressing the physical, emotional, and spiritual needs of the community. The corporation achieves this through various educational programs, such as pre-school and summer camp, as well as daycare and sports ministries. Oikos Community Corporation's approach is grounded in traditional Christian beliefs, and they strive to uphold Biblical principles in the delivery of their services. By offering such a comprehensive range of services, Oikos Community Corporation aims to make a significant impact on its community, imparting Christian values and showcasing how these beliefs can be integrated into daily life.

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Impact




October, 2024

Oikos Community Corporation significantly impacts its community by providing essential services aimed at nurturing the physical, emotional, and spiritual needs of local residents. With a focus on youth development, OCC offers a range of programs including pre-school (3K/4K), daycare, summer camp, and sports ministries.

The 3K/4K program, in partnership with the NYC Department of Education, offers early care and educational services to children aged 3 and 4, serving 33 students during the school year. This structured program not only prepares young learners for their educational journeys but also engages them in a nurturing environment that promotes Christian values.

Beyond education, OCC's holistic approach encompasses counseling services and various community activities, fostering an atmosphere of support where families can thrive. The organization emphasizes the integration of Biblical principles in its operations, encouraging individuals to connect faith with everyday life. By addressing the diverse needs of the community, Oikos Community Corporation plays a pivotal role in shaping a caring and supportive environment for both children and their families.




This information is meant to be a general summary of Oikos Community Corporation. 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
$961,255 (2022)
Expenses
$864,331 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $276
  • Program Service Revenue: $293,822
  • Gross Receipts: $961,255

Assets and Liabilities:

  • Total Assets: $246,641
  • Total Liabilities: $107,688
  • Net Assets: $138,953

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Programs

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

Summer Paradise Fees

Revenue

$166,973

Daycare Fees

Revenue

$109,809

UPK Fees

Revenue

$17,040

Organization Details

Founding Year

2009

Principal Officer

James Tam

Main Address

43-00 171st Street, Flushing, NY, 11358

NTEE Category

Code: O20 - Youth development

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