Asian Resource Center is located in Toledo, OH. The organization was established in 1995. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2021, Asian Resource Center employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian Resource Center 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, Asian Resource Center generated $298.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $159.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST ASIAN OF ALL AGES OPTIMUM PHYSICAL, MENTAL HEALTH AND OVERCOME CULTURE, LINGUISTIC FINANCIAL AND INSTITUTIONAL BARRIERS TO RECEIVING HEALTH CARE AND SOCIAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELDERLY PROGRAM: PROMOTE THE PHYSICAL WELL-BEING OF THE ASIAN ELDERLY POPULATION BY PROVIDED HEALTH EDUCATION; EXERCISE CLASSES; HEALTH SCREENING AND TRANSPORTATION.
ASIAN MEALS: PROVIDE LUNCHES FOR SENIOR'S AT SENIOR CENTER AND HOME DELIVERY MEALS DURING PANDEMIC.
OTHER SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Esther Wang Senior Center Director | Trustee | 30 | $21,311 |
Mee-Len Koh Executive Director | Trustee | 30 | $20,480 |
Betty P Chang Fiscal Officer | Officer | 20 | $10,130 |
Cork Hong Trustee | Trustee | 0 | $0 |
David L Grossman Trustee | Trustee | 0 | $0 |
Phung Vo Secretary | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $1,615 |
Government grants | $286,854 |
All other contributions, gifts, grants, and similar amounts not included above | $9,534 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $298,003 |
Total Program Service Revenue | $0 |
Investment income | $16 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $298,019 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $51,921 |
Compensation of current officers, directors, key employees. | $2,645 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $10,185 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,626 |
Fees for services: Management | $0 |
Fees for services: Legal | $903 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $79 |
Office expenses | $2,524 |
Information technology | $6,437 |
Royalties | $0 |
Occupancy | $312 |
Travel | $2,233 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $437 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,089 |
Insurance | $2,950 |
All other expenses | $71,847 |
Total functional expenses | $159,543 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $157,067 |
Savings and temporary cash investments | $280,280 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $11,435 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $448,782 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,103 |
Total liabilities | $1,103 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $447,679 |
Total liabilities and net assets/fund balances | $448,782 |
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