Qtm America

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

EIN: 873397818 ✦ Irvine, CA ✦ Designated as a 501(c)(3)

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Overview

What is Qtm America?

Qtm America is a nonprofit organization based in Irvine, California, specifically at 18700 Harvard Avenue. Their primary mission is to manage property and funds for charitable and eleemosynary purposes. This includes offering assistance and support to various charitable institutions, associations, and undertakings. According to the information provided, Qtm America has distributed QT books to churches and individuals nationwide. While their employee count is small, with only one individual on staff, their reach extends beyond their local community, as evidenced by the distribution of QT books across the nation.

Is Qtm America legitimate?

Qtm America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Qtm America 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: $2,683

For more financial information, click here

What is the mission statement of Qtm America?

Qtm America's mission is centered around managing a fund for charitable and philanthropic purposes. This includes providing assistance and support to various charitable institutions, associations, and undertakings. Their primary objective is to contribute to the betterment of these organizations, thereby aiding those in need. The organization has been active in distributing QT books to churches and individuals across the nation.

Who is the CEO of Qtm America?

Seung Nack Jeong is the Ceo of Qtm America. The CEO's salary of Qtm America is $0 and their total compensation is $0.

What is the revenue of Qtm America?

Qtm America's revenue in 2022 was $140,617.

Who are the executives of Qtm America and what are their salaries?

The average compensation at Qtm America during 2022 was $2,683. There is 1 employee and 7 volunteers at Qtm America.


Here are 2 key members and their salaries (Qtm America's CEO's salary is $0 and their total compensation is $0):


Bryan Kim (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seung Nack Jeong (Secretary An)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Qtm America?

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

Mission Statement of Qtm America

Qtm America, as a nonprofit organization, is dedicated to managing property and funds for charitable and eleemosynary purposes. Their mission extends to providing assistance and support to various charitable and eleemosynary institutions, associations, and undertakings. In essence, Qtm America serves as a philanthropic entity, using its resources to contribute to and strengthen the charitable sector. The organization has distributed QT books to churches and individuals nationwide, further demonstrating its commitment to supporting charitable institutions and causes.

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Impact




October, 2024

Qtm America is focused on creating a significant impact through its charitable activities, particularly in the realms of community support and institutional assistance. By managing property and funds designated for charitable and eleemosynary purposes, Qtm America aims to establish a foundation that empowers various institutions and associations.

Located in Irvine, California, Qtm America is in the process of setting up its initial activities, which are anticipated to launch in the coming year. This upcoming phase is poised to mark the beginning of a concerted effort to address community needs, provide support to various undertakings, and foster collaboration among different entities.

With a mission centered around religion-related objectives, Qtm America seeks to not only contribute resources but also to enhance the capacity of organizations dedicated to serving the community. This strategic approach aims to maximize the positive outcomes of their contributions, ultimately fostering a stronger, more interconnected community dedicated to charitable goals.




This information is meant to be a general summary of Qtm America. 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
$140,617 (2022)
Expenses
$25,005 (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: $28,417
  • Gross Receipts: $140,617

Assets and Liabilities:

  • Total Assets: $115,612
  • Total Liabilities: $0
  • Net Assets: $115,612

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Programs

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

QT BOOK SALES

Revenue

$28,417

Organization Details

Founding Year

2021

Principal Officer

Seung Nack Jeong

Main Address

18700 HARVARD AVE, IRVINE, CA, 92612

NTEE Category

Code: X20 - Religion related

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