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Occacc Foundation

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

EIN: 770606785 ✦ Irvine, CA ✦ Designated as a 501(c)(3)

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Overview

What is Occacc Foundation?

The Occacc Foundation is a nonprofit public charity corporation, situated in Irvine, California, with a postal address at 78 Bunsen, CA 92618. The organization's primary mission is to provide financial assistance in the form of scholarships to students seeking higher education. By granting these scholarships, the Occacc Foundation aims to help make the dreams of numerous promising students a reality. The foundation fosters an extended network of passionate, motivated, and service-oriented leaders by connecting with them and continually nurturing their growth.


Official website here: www.occaccf.org

Is Occacc Foundation legitimate?

Occacc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Occacc Foundation 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.occaccf.org

What is the mission statement of Occacc Foundation?

The Occacc Foundation's mission is centered around assisting outstanding students in achieving their educational dreams. The organization serves as a nurturing platform for a network of passionate, motivated, and service-oriented leaders. By providing scholarships to students in need of financial aid, the Occacc Foundation aims to support their higher education journey.


Official website here: www.occaccf.org

Who is the CEO of Occacc Foundation?

Derek Tung is the President of Occacc Foundation.


Official website here: www.occaccf.org

What is the revenue of Occacc Foundation?

Occacc Foundation's revenue in 2022 was $219,898.


Official website here: www.occaccf.org

Who are the executives of Occacc Foundation and what are their salaries?


Here are 3 key members and their salaries:


Derek Tung (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Liu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Chen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.occaccf.org

Where can I find the form 990 for Occacc Foundation?

Occacc Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.occaccf.org

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

Mission Statement of Occacc Foundation

The Occacc Foundation, a non-profit public charity corporation, is dedicated to realizing the aspirations of numerous exceptional students. This organization fosters and nurtures a wide network of passionate, motivated, and service-oriented leaders by providing them with opportunities and support. The mission of Occacc Foundation lies in assisting these outstanding students in achieving their higher education goals, often by offering them financial aid when necessary.

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Impact




October, 2024

Occacc Foundation significantly impacts the lives of promising students by providing essential financial support for their pursuit of higher education. By granting scholarships, it empowers individuals who may otherwise face barriers to academic achievement. The foundation fosters a nurturing community, connecting students with a network of passionate and motivated leaders who emphasize service and collaboration. This not only aids in their educational journey but also encourages personal growth and inspires a commitment to giving back, thereby creating a cycle of support and leadership within the community.




This information is meant to be a general summary of Occacc Foundation. 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
$219,898 (2022)
Expenses
$212,684 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,398
  • Gross Receipts: $219,898

Assets and Liabilities:

  • Total Assets: $1,112,226
  • Total Liabilities: $6,200
  • Net Assets: $1,106,026

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Organization Details

Founding Year

1994

Principal Officer

Derek Tung

Main Address

78 BUNSEN, IRVINE, CA, 92618

NTEE Category

Code: B82 - Education

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