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Orem Foundation

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

EIN: 800829931 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Orem Foundation?

The Orem Foundation is a nonprofit organization that focuses on empowering low-income individuals by promoting financial awareness. Their mission revolves around educating this demographic about financial matters, aiming to equip them with the necessary skills to manage their finances effectively. The specific activities or mission details are not provided in the information, but it is clear that the foundation is dedicated to making a positive impact in the financial lives of individuals who may otherwise lack such resources.

Is Orem Foundation legitimate?

Orem Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orem Foundation submitted a form 990EZ, 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.

What is the mission statement of Orem Foundation?

The Orem Foundation's mission is centered around financial education. The organization aims to promote financial awareness among individuals with limited income, offering them the necessary knowledge to manage their finances effectively. By doing so, the foundation strives to empower these individuals and improve their financial well-being. The foundation's activities are primarily focused on providing financial education, aiming to equip low-income individuals with the necessary tools to navigate their financial landscape with confidence.

Who is the CEO of Orem Foundation?

Enrique Otarola is the President of Orem Foundation.

What is the revenue of Orem Foundation?

Orem Foundation's revenue in 2021 was $895.

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


There is 1 key member and their salary:


Enrique Otarola (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Orem Foundation?

Orem Foundation's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Orem Foundation

The Orem Foundation is dedicated to promoting financial awareness among individuals of limited means. Their mission is to equip these individuals with the necessary financial knowledge, thereby empowering them to make informed decisions regarding their finances. By offering financial awareness programs, the Orem Foundation seeks to uplift and improve the financial lives of those who are economically disadvantaged.

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Impact




October, 2024

The Orem Foundation plays a vital role in enhancing financial awareness among low-income individuals in Los Angeles, California. By focusing on education and information dissemination, the foundation empowers these individuals with the knowledge and tools necessary to manage their financial situations effectively. This initiative not only aids in bridging the financial literacy gap but also fosters greater economic stability and independence within the community. Through its targeted programs, the Orem Foundation contributes to improved financial decision-making, helping participants navigate challenges and seize opportunities for a better quality of life.




This information is meant to be a general summary of Orem 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
$895 (2021)
Expenses
$0 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $895

Assets and Liabilities:

  • Total Assets: $1
  • Total Liabilities: $0
  • Net Assets: $1

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Organization Details

Principal Officer

Enrique Otarola

Main Address

12331 W WASHINGTON BLVD, LOS ANGELES, CA, 90066

NTEE Category

Code: P20 - Human services

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