Omicron Iota Lambda Foundation Inc

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

EIN: 872719031 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is Omicron Iota Lambda Foundation Inc?

The Omicron Iota Lambda Foundation Inc is a nonprofit organization committed to enhancing education by implementing various programs. These initiatives encompass scholarships, tutoring, mentoring, youth development, and the eradication of illiteracy and juvenile delinquency. In their initial year, their primary focus was on raising funds for future programs and establishing a scholarship fund intended for graduating minority high school males in Columbia, South Carolina.


Official website here: www.alphaoil.org/foundation

Is Omicron Iota Lambda Foundation Inc legitimate?

Omicron Iota Lambda Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omicron Iota Lambda Foundation Inc 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.alphaoil.org/foundation

What is the mission statement of Omicron Iota Lambda Foundation Inc?

The Omicron Iota Lambda Foundation's mission involves fostering education through a range of programs. These initiatives include providing scholarships, tutoring, mentoring, and supporting youth development, with a focus on combating illiteracy and juvenile delinquency. During their initial year, the foundation primarily focused on raising funds for future programs and established a scholarship fund intended for graduating minority high school males in Columbia, SC.


Official website here: www.alphaoil.org/foundation

Who is the CEO of Omicron Iota Lambda Foundation Inc?

Dennis Wilson is the President of Omicron Iota Lambda Foundation Inc.


Official website here: www.alphaoil.org/foundation

What is the revenue of Omicron Iota Lambda Foundation Inc?

Omicron Iota Lambda Foundation Inc's revenue in 2022 was $14,400.


Official website here: www.alphaoil.org/foundation

Who are the executives of Omicron Iota Lambda Foundation Inc and what are their salaries?


Here are 9 key members and their salaries:


Dennis Wilson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Durant (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Gaines (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Winfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Rivers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Sanders (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alphaoil.org/foundation

Where can I find the form 990EZ for Omicron Iota Lambda Foundation Inc?

Omicron Iota Lambda Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.alphaoil.org/foundation

Learn more at the official website: www.alphaoil.org/foundation

Mission Statement of Omicron Iota Lambda Foundation Inc

Omicron Iota Lambda Foundation, a nonprofit organization, is dedicated to fostering education through various programs. These initiatives encompass scholarships, tutoring, mentoring, youth development, and the eradication of illiteracy and juvenile delinquency. In its initial year, the foundation primarily focused on raising funds to support its future educational endeavors. It also established a scholarship fund, which is set to award scholarships to graduating minority high school males in Columbia, South Carolina. The Omicron Iota Lambda Foundation's mission is multifaceted, aiming to equip young individuals with the necessary educational tools and resources to overcome challenges and thrive in their academic pursuits.

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Impact




August, 2024

The Omicron Iota Lambda Foundation Inc has a significant impact on the community through its dedication to developing and promoting education. They offer a range of programs such as scholarships, tutoring, mentoring, and youth development, with a focus on eliminating illiteracy and juvenile delinquency. In their first year, the Foundation focused on fundraising for future programmatic needs and established a scholarship fund that benefits graduating minority high school males in Columbia, SC. Their commitment to empowering young individuals through education is evident in their efforts to provide these opportunities for academic and personal growth.




This information is meant to be a general summary of Omicron Iota Lambda Foundation Inc. 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
$14,400 (2022)
Expenses
$332 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $14,400

Assets and Liabilities:

  • Total Assets: $14,068
  • Total Liabilities: $0
  • Net Assets: $14,068

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Organization Details

Principal Officer

Dennis Wilson

Main Address

1019 Darlington Street, Columbia, SC, 29201

NTEE Category

Code: O50 - Youth development

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