Rainbow Society Inc

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

EIN: 916035203 ✦ Seattle, WA ✦ Designated as a 501(c)(7)

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Overview

What is Rainbow Society Inc?

Rainbow Society Inc, based in Seattle, Washington, serves as a provider of furnished room and board for the Gamma Mu chapter of Delta Tau Delta International Fraternity. Their mission is multifaceted, aiming to foster academic and civic excellence among the fraternity members, as well as offering mentorship. With a small team of one employee, Rainbow Society Inc plays an essential role in supporting the academic and personal growth of these students, contributing to the broader community through its association with the fraternity.

Is Rainbow Society Inc legitimate?

Rainbow Society Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Rainbow Society Inc 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: $41,007

For more financial information, click here

What is the mission statement of Rainbow Society Inc?

Rainbow Society Inc's mission is centered around supporting college fraternity member students. The primary objective is to provide them with furnished room and board. Beyond this, the society aims to foster academic and civic excellence among these students. Furthermore, Rainbow Society Inc is committed to mentoring these young individuals, aiming to guide them towards personal growth.

Who is the CEO of Rainbow Society Inc?

Robert Edgmon is the President of Rainbow Society Inc.

What is the revenue of Rainbow Society Inc?

Rainbow Society Inc's revenue in 2023 was $527,599.

Who are the executives of Rainbow Society Inc and what are their salaries?

The average compensation at Rainbow Society Inc during 2023 was $41,007. There is 1 employee and 20 volunteers at Rainbow Society Inc.


Here are 6 key members and their salaries:


Mel Cutter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Brawford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Erdman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Werner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Edgmon (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rainbow Society Inc?

Rainbow Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Rainbow Society Inc

Rainbow Society Inc, a nonprofit organization, is dedicated to supporting college fraternity member students. Its primary mission is threefold: firstly, to provide furnished room and board for these students. Secondly, Rainbow Society Inc aims to foster academic excellence among its residents. Lastly, the organization focuses on mentoring these students to encourage civic involvement. In essence, Rainbow Society Inc serves as a home and a guiding force for college fraternity members, helping them excel academically and contribute positively to their communities.

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Impact




October, 2024

Rainbow Society Inc. significantly impacts the lives of college fraternity member students by providing them with furnished room and board, allowing them to focus on their academic and civic endeavors without the burden of housing concerns. By supporting the Gamma Mu chapter of Delta Tau Delta International Fraternity in Seattle, the organization fosters an environment conducive to academic excellence and personal growth.

The commitment to mentoring students not only enhances their educational journey but also encourages civic responsibility and leadership development. This holistic approach equips fraternity members with essential skills and values that extend beyond their college years, ultimately contributing to their success as engaged and responsible citizens. Through these initiatives, Rainbow Society Inc. plays a vital role in shaping the future of its students and the broader community.




This information is meant to be a general summary of Rainbow Society 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
$527,599 (2023)
Expenses
$450,914 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $98
  • Program Service Revenue: $527,501
  • Gross Receipts: $527,599

Assets and Liabilities:

  • Total Assets: $1,847,588
  • Total Liabilities: $640,450
  • Net Assets: $1,207,138

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Programs

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

Room, Board, & Maint

Revenue

$527,501

Organization Details

Founding Year

1995

Principal Officer

Robert Edgmon

Main Address

4616 25th Ave NE Suite 535, Seattle, WA, 98105

NTEE Category

Code: B83 - Education

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