Hoy Sun Ning Young Benevolent Association Of Atlantic City Inc
- Assets
- $243.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlantic City, NJ
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-3100113
Organization Overview
Hoy Sun Ning Young Benevolent Association Of Atlantic City Inc is located in Atlantic City, NJ. The organization was established in 2006. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoy Sun Ning Young Benevolent Association Of Atlantic City 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 12/2021, Hoy Sun Ning Young Benevolent Association Of Atlantic City Inc generated $46.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $56.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THIS ORGANIZATION WAS INVOLVED IN PROGRAMS TO RAISE AWARENESS OF ISSUES AFFECTING THE ASIAN AMERICAN COMMUNITY AND ACTED AS INTERMEDIARY BETWEEN ASIAN AMERICAN GROUP AND GOVERMENT AGENCIES. THIS STRENGTHENED THE ASIAN AMERICAN IDE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dou C Chen Board Member | 10 | $0 | |
Hao Jiu Chen Board Member | 10 | $0 | |
Cheong Da Chan Treasurer | 10 | $0 | |
Cheong M Chan Board Member | 10 | $0 | |
Jie Zhang Xu Board Member | 10 | $0 | |
Bo Ying Li Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,806 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $22,841 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,647 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $340 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,481 |
| Total expenses | $56,821 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $857 |
| Other assets | $0 |
| Total assets | $243,761 |
| Total liabilities | $0 |
| Net assets or fund balances | $243,761 |
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