Center For Marketplace Ministries
- Assets
- $102.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Claremont, CA
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 81-4882450
Organization Overview
Center For Marketplace Ministries is located in Claremont, CA. The organization was established in 2017. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Center For Marketplace Ministries employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Marketplace Ministries 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, Center For Marketplace Ministries generated $151.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $178.2k 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 Mission:
Part 3 - Line 1
MINISTRIES TO BUSINESS OWNERS & EMPLOYEES
Describe the Organization's Program Activity:
Part 3
PASTER MICHAEL HSU CONDUCTED PREACHING, TRAINING,MARKETPLACE MIMISTRY VISION SHARING AND COACHING TO CHRISTIAN BUSINESS OWNERS IN US, CHINA, HONK KONK AND CANADA
TRAINING OF CORPORATE CHAPLINS TO MINISTER TO EMPLOYEES-GRADUATED THE FIRT CLASS OF CHAPLINS OF 12 STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hsu CEO | 0 | $28,000 | |
Winnie Lee Director | 0 | $25,000 | |
Hok Kin Lam Director | 0 | $0 | |
Alice Lee Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,387 |
| Total Program Service Revenue | $7,937 |
| Membership dues | $0 |
| Investment income | $101,171 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,495 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $95,118 |
| Professional fees and other payments to independent contractors | $20,350 |
| Occupancy, rent, utilities, and maintenance | $44,654 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,051 |
| Total expenses | $178,173 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,615 |
| Other assets | $0 |
| Total assets | $102,615 |
| Total liabilities | $93,307 |
| Net assets or fund balances | $9,308 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Center For Marketplace Ministries has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Lam Yau Jong Charitable Foundation San Marino, CA PURPOSE: TO PROMOTE MISSION AND MARKETPLACE MINISTRIES IN CHINA | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Turning Point For God Lakeside, CA | $55,591,424 | $109,738,214 |
Family Resource & Referral Center Of San Joaquin Stockton, CA | $22,143,375 | $58,140,912 |
Yellow Chair Foundation San Francisco, CA | $899,830,560 | $147,461,050 |
St Vincent De Paul Village Inc San Diego, CA | $50,446,763 | $60,152,162 |
Frontiers Usa Phoenix, AZ | $21,110,620 | $36,556,098 |
Open Doors With Brother Andrew Inc Santa Ana, CA | $12,195,285 | $33,559,571 |
Cityteam Ministries San Jose, CA | $57,357,554 | $43,092,381 |
Joni And Friends Agoura Hills, CA | $42,271,581 | $29,467,878 |
Catholic Community Foundation Of Los Angeles Los Angeles, CA | $298,852,432 | $83,411,965 |
Amazing Facts International Granite Bay, CA | $89,775,280 | $35,047,793 |
Kingdom Causes Long Beach, CA | $4,022,983 | $21,219,613 |
Youth With A Mission San Diego-Baja Chula Vista, CA | $22,048,486 | $17,148,909 |