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Omega Point Institute

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

EIN: 521312278 ✦ Santa barbara, CA ✦ Designated as a 501(c)(3)

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Overview

What is Omega Point Institute?

The Omega Point Institute is a nonprofit organization that prioritizes public welfare by distributing funds to various organizations and individuals. Serving as a social science fundraising and distribution entity, their mission is to promote public interest and benefit through financial support. This philanthropic organization operates with a focus on fostering social change and betterment.


Official website here: www.omegapointinstitute.org

Is Omega Point Institute legitimate?

Omega Point Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omega Point Institute 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.omegapointinstitute.org

What is the mission statement of Omega Point Institute?

The Omega Point Institute is dedicated to promoting the well-being and interest of the public. It accomplishes this by granting funds to organizations and individuals. Acting as a social science-focused fundraising and distribution organization, the Institute plays a significant role in supporting various initiatives that benefit society.


Official website here: www.omegapointinstitute.org

Who is the CEO of Omega Point Institute?

Rinaldo S Brutoco is the Chairman/President of Omega Point Institute.


Official website here: www.omegapointinstitute.org

What is the revenue of Omega Point Institute?

Omega Point Institute's revenue in 2022 was $111,244.


Official website here: www.omegapointinstitute.org

Who are the executives of Omega Point Institute and what are their salaries?

There 8 volunteers at Omega Point Institute.


Here are 5 key members and their salaries:


Rinaldo S Brutoco (Chairman/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lalla D Brutoco (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Viviana Gonzalez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Afshordi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Cirincione (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.omegapointinstitute.org

Where can I find the form 990 for Omega Point Institute?

Omega Point Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.omegapointinstitute.org

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

Mission Statement of Omega Point Institute

Omega Point Institute, a prominent organization, is dedicated to serving the public interest and benefit. It achieves this mission by offering grants to various organizations and individuals. Operating as a social science fundraising and distribution entity, Omega Point Institute plays a significant role in supporting initiatives that contribute positively to society. The institute's activities are geared towards promoting public welfare, thereby enhancing the overall quality of life in various communities.

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Impact




October, 2024

Omega Point Institute significantly contributes to the promotion of public interest and benefit by providing essential grants to various organizations and individuals. Through its funding efforts, the institute supports initiatives that align with social science research, fostering a deeper understanding of societal issues. Based in Santa Barbara, California, it operates as a vital resource for those looking to advance public welfare and enhance community engagement in social research. By facilitating financial resources, Omega Point Institute enables projects that can lead to meaningful change, making a tangible impact on various social challenges.




This information is meant to be a general summary of Omega Point Institute. 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
$111,244 (2022)
Expenses
$257,112 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,634
  • Program Service Revenue: $399
  • Gross Receipts: $111,244

Assets and Liabilities:

  • Total Assets: $645,315
  • Total Liabilities: $497,400
  • Net Assets: $147,915

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Programs

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

PROGRAM CONSULTING

Revenue

$399

Organization Details

Founding Year

1986

Principal Officer

Rinaldo S Brutoco

Main Address

1011 ANACAPA STREET SUITE 200, SANTA BARBARA, CA, 93101

NTEE Category

Code: V99Z - Social research

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