Kapex Incorporated

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

EIN: 845136980 ✦ Hampton, VA ✦ Designated as a 501(c)(3)

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Overview

What is Kapex Incorporated?

Kapex Incorporated is a 501(c)3 nonprofit organization, committed to funding and backing public service initiatives and collaborative organizations aligned with Kappa Alpha Psi Fraternity's objectives. Their mission is to contribute to community service as a dedicated public service organization. By securing and distributing funds, Kapex Incorporated aims to foster and bolster programs that positively impact the community, ultimately serving as a vital resource for public service endeavors.


Official website here: www.kapexfoundation.org

Is Kapex Incorporated legitimate?

Kapex Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kapex Incorporated 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.


Official website here: www.kapexfoundation.org

What is the mission statement of Kapex Incorporated?

Kapex Incorporated, as a non-profit organization, is committed to securing and dispensing funds. The primary aim of Kapex Incorporated is to boost and sustain public service programs and collaborative organizations that align with the objectives of Kappa Alpha Psi Fraternity. Its mission is to serve the community as a public service organization, working in collaboration with various organizations to make a positive impact. Kapex Incorporated's mission is to contribute to the betterment of the community by supporting initiatives that promote public service and collaboration. It achieves this by distributing funds to organizations that share its vision, thereby expanding its reach and impact.


Official website here: www.kapexfoundation.org

Who is the CEO of Kapex Incorporated?

Marc Hick is the Treasurer of Kapex Incorporated.


Official website here: www.kapexfoundation.org

What is the revenue of Kapex Incorporated?

Kapex Incorporated's revenue in 2023 was $191,352.


Official website here: www.kapexfoundation.org

Who are the executives of Kapex Incorporated and what are their salaries?


Here are 7 key members and their salaries:


Darren Bagley (President/Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Rogers (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Hick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Howlette (Secretary/Vi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Alexander (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Badgett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Carter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kapexfoundation.org

Where can I find the form 990EZ for Kapex Incorporated?

Kapex Incorporated's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.kapexfoundation.org

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

Mission Statement of Kapex Incorporated

Kapex Incorporated, as a 501(c)3 non-profit organization, is fundamentally committed to securing and distributing funds that bolster public service programs and collaborative organizations aligned with Kappa Alpha Psi Fraternity. Its primary mission is to serve the community as a public service organization. In essence, Kapex Incorporated aims to promote and support initiatives that contribute positively to the community, working in tandem with organizations that share Kappa Alpha Psi Fraternity's values. By doing so, Kapex Incorporated plays a crucial role in fostering a stronger, more engaged community, and in turn, furthering the fraternity's mission to uplift and empower those in need.

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Impact




October, 2024

Kapex Incorporated plays a significant role in enhancing community well-being through its dedicated efforts to secure and distribute funds that support public service programs and collaborative organizations aligned with the mission of Kappa Alpha Psi Fraternity. Based in Hampton, VA, the organization focuses on promoting educational initiatives and community service, ultimately fostering social betterment.

By channeling resources into various programs, Kapex Incorporated addresses critical needs within the community, empowering individuals and groups to access educational opportunities and support services. Through its initiatives, Kapex helps cultivate leadership skills, encourages civic engagement, and promotes pathways to success for underrepresented populations.

The impact of Kapex Incorporated extends beyond financial support; it builds a network of collaboration among various stakeholders, amplifying the efforts of those dedicated to public service. This multifaceted approach not only improves immediate community conditions but also lays the groundwork for long-term positive change, helping to uplift individuals and strengthen the fabric of the community as a whole.




This information is meant to be a general summary of Kapex Incorporated. 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
$191,352 (2023)
Expenses
$72,478 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $191,352

Assets and Liabilities:

  • Total Assets: $118,874
  • Total Liabilities: $0
  • Net Assets: $118,874

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Organization Details

Principal Officer

Marc Hick

Main Address

724 MILFORD AVENUE, HAMPTON, VA, 23661

NTEE Category

Code: B82 - Education

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