Society Of Kastorians Omonoia Inc is located in Whitestone, NY. The organization was established in 1990. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Kastorians Omonoia Inc 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 12/2023, Society Of Kastorians Omonoia Inc generated $722.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $835.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Society Of Kastorians Omonoia Inc has awarded 280 individual grants totaling $1,510,935. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC SCHOLARSHIPS (SEE RECIPIENT LIST ON PAGE 11, PART XV, LINE 3A)
ST MICHAELS HOME FOR THE AGED
IERA MITROPOLIS KASTORIAS
PHILOPTOCHOS OF KASTORIA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Demos Siokis Pres. | 5 | $0 | |
John Psaltos VP | 5 | $0 | |
George Retzios Genl Secy | 5 | $0 | |
Anastasios Manaris Asst Gen Secy | 5 | $0 | |
Zacharias Papanagnostou Treas | 5 | $0 | |
Harilaos Vlahopoulos Asst Treas | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $88,020 |
| Interest on Savings | $70,930 |
| Dividends & Interest | $0 |
| Net Rental Income | $75,392 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $103,696 |
| Total Revenue | $722,093 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $69,355 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $185,044 |
| Depreciation | $37,095 |
| Occupancy | $168,225 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $161,114 |
| Total operating and administrative expenses | $640,642 |
| Contributions, gifts, grants paid | $194,980 |
| Total expenses and disbursements | $835,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $177,371 |
| Savings and temporary cash investments | $2,168,507 |
| Net Accounts receivable | $8,935 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $113,919 |
| Net Investments - land, buildings, equipment | $893,777 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $496,938 |
| Other assets | $0 |
| Total assets | $3,859,447 |
| Accounts payable and accrued expenses | $34,321 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $142,500 |
| Total liabilities | $176,821 |
Over the last fiscal year, Society Of Kastorians Omonoia Inc has awarded $194,980 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
NICOLAS RIMALOVSKI PURPOSE: SCHOLARSHIP | $1,650 |
CHRISTINA DAKIS PURPOSE: SCHOLARSHIP | $1,650 |
GEORGIA TZIMAS PURPOSE: SCHOLARSHIP | $1,700 |
GEORGE KONTOPOULOS PURPOSE: SCHOLARSHIP | $2,250 |
PETER-ENRIQUE TZIMAS PURPOSE: SCHOLARSHIP | $2,100 |
MICHAEL SIOKIS PURPOSE: SCHOLARSHIP | $2,400 |