Chi Sun Rhee Foundation
- Assets
- $628.1k
- Revenue
- $48.0k
- Investments
- $570.7k
- Employees
- 0
- Location
- Monroe, MI
- Founding
- 01/1984
- Data as of
- 09/2022
- EIN
- 38-2485264
Organization Overview
Chi Sun Rhee Foundation is located in Monroe, MI. The organization was established in 1984. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chi Sun Rhee Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. MARY CHURCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Total Revenue | $48,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $23,888 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,029 |
| Total operating and administrative expenses | $47,245 |
| Contributions, gifts, grants paid | $1,700 |
| Total expenses and disbursements | $48,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,580 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $5,000 |
| Investments—mortgage loans | $570,713 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $47,758 |
| Total assets | $628,051 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $15,405 |
| Mortgages and other notes payable | $475,442 |
| Other liabilities | $122,600 |
| Total liabilities | $613,447 |
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