Tung Lam Buddhist Temple Inc
- Assets
- $387.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 46-1113181
Organization Overview
Tung Lam Buddhist Temple Inc is located in Wilmington, NC. The organization was established in 2016. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tung Lam Buddhist Temple 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, Tung Lam Buddhist Temple Inc generated $57.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $29.1k during the year ending 12/2021. 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
PROMOTED BUDDHAS TEACHINGS, ESTABLISHED A PLACE OF WORSHIP, STUDY, AND PRACTICE FOR BUDDHIST MEMBERS AND CULTIVATED AND MAINTAINED THE VIETNAMESE CULTURE AND VIETNAMESE MORAL STAN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hiep T Nguyen President | 40 | $0 | |
Nhung Thi My Truong Treasurer | 40 | $0 | |
Tam T Nguyen Secretary | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,074 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,960 |
| Total Revenue | $57,034 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $8,344 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,757 |
| Total expenses | $29,101 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,378 |
| Other assets | $0 |
| Total assets | $387,117 |
| Total liabilities | $214,104 |
| Net assets or fund balances | $173,013 |
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