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Kappa Omicron Inc

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

EIN: 320469908 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Kappa Omicron Inc?

Kappa Omicron Inc is a nonprofit organization dedicated to fostering a sense of camaraderie among its members and the wider community. Their primary mission involves promoting brotherhood and strengthening relationships within the organization. They also extend their support to the community by offering educational assistance and scholarships. Furthermore, they have a commitment to stimulate intellectual growth and contribute to scientific, educational, and charitable causes for their members and the local community. To achieve these objectives, Kappa Omicron Inc actively receives and manages funds for such purposes.


Official website here: www.not applicable

Is Kappa Omicron Inc legitimate?

Kappa Omicron Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kappa Omicron 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: $988
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.not applicable

What is the mission statement of Kappa Omicron Inc?

Kappa Omicron Inc's mission is centered around promoting unity among its members and fostering a stronger connection within the organization. They strive to give back to the community by providing educational assistance and scholarships. Furthermore, the organization aims to encourage intellectual growth and development. In addition to these objectives, Kappa Omicron Inc is committed to managing and distributing funds for scientific, educational, and charitable purposes, benefiting both its members and the local community.


Official website here: www.not applicable

Who is the CEO of Kappa Omicron Inc?

Steven Schmidt is the President of Kappa Omicron Inc.


Official website here: www.not applicable

What is the revenue of Kappa Omicron Inc?

Kappa Omicron Inc's revenue in 2020 was $26,017.


Official website here: www.not applicable

Who are the executives of Kappa Omicron Inc and what are their salaries?


Here are 5 key members and their salaries:


Steven Schmidt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Scully (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Zink (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felton Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.not applicable

Where can I find the form 990 for Kappa Omicron Inc?

Kappa Omicron Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.not applicable

Learn more at the official website: www.not applicable

Mission Statement of Kappa Omicron Inc

Kappa Omicron Inc, a nonprofit organization, is committed to fostering a sense of camaraderie among its members while fostering a closer relationship within the group. One of its primary objectives is to contribute to the betterment of the local community by providing educational aid and scholarships. Moreover, the organization seeks to encourage intellectual growth among its members and the community at large. Kappa Omicron Inc also has a mission to manage and distribute funds for scientific, educational, and charitable purposes, aimed at benefiting both its members and the wider community.

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Impact




August, 2024

Kappa Omicron Inc's impact lies in promoting a spirit of brotherhood among its members, fostering closer association within the organization, and providing educational assistance and scholarships to the community. Additionally, the organization works to stimulate intellectual advancement and administers funds for scientific, educational, and charitable purposes both within its membership and for the local community in New York. Through these efforts, Kappa Omicron Inc contributes to community improvement and the overall betterment of society.




This information is meant to be a general summary of Kappa Omicron 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
$26,017 (2020)
Expenses
$156,947 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $26,017

Assets and Liabilities:

  • Total Assets: $2,589,344
  • Total Liabilities: $975,000
  • Net Assets: $1,614,344

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Organization Details

Founding Year

2000

Principal Officer

Steven Schmidt

Main Address

528 WEST 150TH STREET, NEW YORK, NY, 10030

NTEE Category

Code: S82 - Community improvement

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