Omega Community Development Corporation

Organization Overview

Omega Community Development Corporation is located in Dayton, OH. The organization was established in 1998. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 08/2022, Omega Community Development Corporation employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omega Community Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2022, Omega Community Development Corporation generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $2.5m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE OMEGA CDC FOCUSES ON THREE ASPECTS OF COMMUNITY DEVELOPMENT: YOUTH, FAMILY, AND ECONOMIC DEVELOPMENT SERVICES. OUR VISION IS TO TRANSFORM NORTHWEST DAYTON INTO A FAMILY

Describe the Organization's Program Activity:

Part 3 - Line 4a

CDF FREEDOM SCHOOLS PROGRAM. THE CDF FREEDOM SCHOOLS PROGRAM PROVIDES SUMMER ENRICHMENT THAT HELPS CHILDREN TO FALL IN LOVE WITH READING, TO INCREASE THEIR SELF-ESTEEM, AND TO GENERATE MORE POSITIVE ATTITUDES TOWARD READING. CHILDREN ARE TAUGHT, USING A MODEL CURRICULUM THAT SUPPORTS CHILDREN AND FAMILIES AROUND FIVE ESSENTIAL COMPONENTS: 1. HIGH QUALITY ACADEMIC ENRICHMENT; 2. PARENT AND FAMILY INVOLVEMENT; 3. CIVIC ENGAGEMENT AND SOCIAL ACTION; 4. INTERGENERATIONAL LEADERSHIP DEVELOPMENT; 5. NUTRITION AND HEALTH, AND MENTAL HEALTH.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Alonzo Patterson
Board Chair
$0
Al Wofford
Vice Chair
$0
Masallay Komrabai-Kanu
Secretary
$0
Rick Stover
Treasurer
$0
Paul Humble
Board Member
$0
Ronald Jones
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $465,354
All other contributions, gifts, grants, and similar amounts not included above$1,607,363
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,072,717
Total Program Service Revenue$9,927
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $558,479
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,711,443

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