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Oberlin Student Cooperative Association Foundation Inc

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

EIN: 311538724 ✦ Oberlin, OH ✦ Designated as a 501(c)(3)

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Overview

What is Oberlin Student Cooperative Association Foundation Inc?

Oberlin Student Cooperative Association Foundation Inc is a nonprofit organization based in Oberlin, Ohio. Its primary mission is to make Oberlin College more financially accessible by providing scholarships to selected students. Additionally, the foundation loans money to Community Development Financial Institutions to meet the needs of cooperatives and community-based non-profits. Beyond financial aid, the foundation also aims to enrich the educational, social, and cultural landscape of Oberlin and cooperative communities by establishing an organization for these purposes. In summary, Oberlin Student Cooperative Association Foundation Inc supports Oberlin College students through scholarships and invests in community development initiatives.

Is Oberlin Student Cooperative Association Foundation Inc legitimate?

Oberlin Student Cooperative Association Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oberlin Student Cooperative Association 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.


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

What is the mission statement of Oberlin Student Cooperative Association Foundation Inc?

The Oberlin Student Cooperative Association Foundation Inc has a mission to make Oberlin College financially accessible for disadvantaged students by offering scholarships. Additionally, the foundation loans money to Community Development Financial Institutions to cater to the needs of cooperatives and community-based non-profits. The organization also aims to establish an entity that promotes the educational, social, and cultural growth of communities, both within Oberlin and cooperative communities.

What is the revenue of Oberlin Student Cooperative Association Foundation Inc?

Oberlin Student Cooperative Association Foundation Inc's revenue in 2023 was $9,125.

Who are the executives of Oberlin Student Cooperative Association Foundation Inc and what are their salaries?

Here are 4 key members and their salaries:


Nicole Chase (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerensa Fu (Membership Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Humphrey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lydia Malkemus (Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Oberlin Student Cooperative Association Foundation Inc?

Oberlin Student Cooperative Association Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Oberlin Student Cooperative Association Foundation Inc

The Oberlin Student Cooperative Association Foundation Inc, in its mission, aims to provide educational assistance to students who are financially disadvantaged at Oberlin College. Beyond this, the organization seeks to make Oberlin College more financially accessible by offering scholarships to selected students. Additionally, the foundation engages in lending money to Community Development Financial Institutions (CDFIs), with the objective of meeting the needs of cooperatives and community-based non-profits. Lastly, the foundation establishes an organization to promote the educational, social, and cultural enrichment of Oberlin and cooperative communities.

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Impact




August, 2024

Oberlin Student Cooperative Association Foundation Inc's impact is significant in providing educational assistance to disadvantaged students of Oberlin College. By awarding scholarships to qualified individuals, the organization helps make Oberlin College more financially feasible for selected students. Additionally, the foundation's mission to loan money to community development financial institutions to support cooperatives and community-based non-profits demonstrates a commitment to fostering economic development and community empowerment. Through its efforts to provide educational, social, and cultural enrichment to Oberlin, Ohio, and cooperative communities, Oberlin Student Cooperative Association Foundation Inc contributes to the advancement of human services and educational opportunities for those in need.




This information is meant to be a general summary of Oberlin Student Cooperative Association Foundation Inc. 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
$9,125 (2023)
Expenses
$105,290 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $785
  • Gross Receipts: $9,125

Assets and Liabilities:

  • Total Assets: $661,333
  • Total Liabilities: $885
  • Net Assets: $660,448

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Organization Details

Founding Year

1997

Principal Officer

Sezny Watkins

NTEE Category

Code: P80 - Human services

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