Eritrean Debes Association
- Assets
- $192.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- Data as of
- 04/2022
- EIN
- 81-2909390
Organization Overview
Eritrean Debes Association is located in Oakland, CA. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eritrean Debes Association is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 04/2022, Eritrean Debes Association generated $188.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $97.2k during the year ending 04/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
COLLECT CONTRIBUTIONS FROM ITS MEMBERS TO PROMPTLY MAKE MONEY AVAILABLE TO THE FAMILY BENEFICIARIES OF THE DISCEASED MEMBERS TO MITIGATE THE FINANCIAL BURDEN EXPENSES RELATED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Habtemariam Kifle Chairman | 0 | $0 | |
Dehab Araya Secretary | 0 | $0 | |
Zerom Tesfai Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $188,929 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $188,929 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $50,000 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $477 |
| Occupancy, rent, utilities, and maintenance | $512 |
| Printing, publications, postage, and shipping | $2,810 |
| Other expenses | $43,363 |
| Total expenses | $97,162 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $192,391 |
| Other assets | $0 |
| Total assets | $192,391 |
| Total liabilities | $0 |
| Net assets or fund balances | $192,391 |
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