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Omega Alpha Elder Association Of Zeta Psi

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

EIN: 821997806 ✦ Chicago, IL ✦ Designated as a 501(c)(7)

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Overview

What is Omega Alpha Elder Association Of Zeta Psi?

Omega Alpha Elder Association of Zeta Psi is a nonprofit organization situated in Chicago, Illinois. Their primary focus is to serve as a community hub for four Zeta Psi alumni, providing a space for events, studying, and general recreation. Additionally, they offer lodging for four members throughout the year. The organization's mission is to cultivate relationships between university alumni and undergraduate students, offering career guidance and organizing philanthropic activities within the local university community. To achieve these goals, they collect dues from members and pool resources to participate in charitable events and private gatherings while maintaining a comfortable living space for students.

Is Omega Alpha Elder Association Of Zeta Psi legitimate?

Omega Alpha Elder Association Of Zeta Psi is a legitimate nonprofit organization registered as a 501(c)(7) entity. Omega Alpha Elder Association Of Zeta Psi 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 Omega Alpha Elder Association Of Zeta Psi?

The Omega Alpha Elder Association of Zeta Psi aims to foster a strong connection between the university's alumni and current undergraduate students. This association encourages mentorship and career guidance among its members. Additionally, they organize philanthropic activities within the local university community. The primary goal of this organization is to collect dues from its members, utilizing the funds to host exclusive events and maintain a livable student house. They also pool resources and manpower to participate in philanthropic events and private social gatherings.

Who is the CEO of Omega Alpha Elder Association Of Zeta Psi?

Oscar Martinez is the Individual Director, Officer Secretary, President of Omega Alpha Elder Association Of Zeta Psi.

What is the revenue of Omega Alpha Elder Association Of Zeta Psi?

Omega Alpha Elder Association Of Zeta Psi's revenue in 2022 was $78,096.

Who are the executives of Omega Alpha Elder Association Of Zeta Psi and what are their salaries?

There 2 volunteers at Omega Alpha Elder Association Of Zeta Psi.


Here are 2 key members and their salaries:


Oscar Martinez (Individual Director, Officer Secretary, President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Itai Fruchter (Individual Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Omega Alpha Elder Association Of Zeta Psi?

Omega Alpha Elder Association Of Zeta Psi's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Omega Alpha Elder Association Of Zeta Psi

Omega Alpha Elder Association of Zeta Psi is an organization with a mission to foster connections and mentorship between its university alumni and current undergraduate students. The primary goal is to provide a platform for these two groups to interact, with a particular focus on career guidance. In addition to this, the association organizes philanthropic activities within the local university community and maintains a livable student house for its members. By collecting dues from its members and pooling resources, the organization is able to undertake charitable events and private social gatherings, further strengthening the bond between its alumni and undergraduate students.

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Impact




October, 2024

Omega Alpha Elder Association of Zeta Psi significantly enhances the university experience by fostering meaningful mentorship and collaboration between alumni and undergraduate students. Through structured interactions, the association provides valuable career guidance that helps students navigate their academic and professional paths.

By organizing philanthropic activities, the association strengthens ties within the local university community, promoting a culture of volunteerism and support. These initiatives not only address community needs but also cultivate a sense of social responsibility among members, reinforcing the importance of giving back.

The association maintains a clubhouse that serves as a central hub for events, study sessions, and recreational activities. This space not only enhances the social experience for members but also promotes teamwork and collaboration, making it a vital resource for both academic and social engagement.

Overall, the Omega Alpha Elder Association of Zeta Psi enriches the collegiate environment in Chicago, providing a supportive framework for personal and professional development while fostering lasting connections among its members.




This information is meant to be a general summary of Omega Alpha Elder Association Of Zeta Psi. 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
$78,096 (2022)
Expenses
$70,159 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $78,096
  • Gross Receipts: $78,096

Assets and Liabilities:

  • Total Assets: $741,500
  • Total Liabilities: $759,885
  • Net Assets: -$18,385

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Programs

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

Club House Rents

Revenue

$34,158

Membership Dues

Revenue

$43,938

Organization Details

Founding Year

2017

Principal Officer

Oscar Martinez

Main Address

5468 South Ellis Ave, Chicago, IL, 60615

NTEE Category

Code: B83 - Education

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