Vietnamese American For Mutual Assistance And Service Inc
- Assets
- $434.0k
- Revenue
- $303.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Garland, TX
- Founding
- 09/2005
- Data as of
- 12/2022
- EIN
- 84-1664858
Organization Overview
Vietnamese American For Mutual Assistance And Service Inc, operating under the name non-profit 501(c)(3), is located in Garland, TX. The organization was established in 2005. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. non-profit 501(c)(3) 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 12/2022, non-profit 501(c)(3) generated $303.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $289.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
VAMAS IS A NON-PROFIT ORGANIZATION THAT WORKS TO PROVIDE THE SOCIAL NEEDS (HEALTH, EDUCATION, NUTRITION, AND FINANCIAL ASSISTANCE FOR FUNERAL EXPENSES) FOR THE LOW-INCOME PEOPLE LIVING IN THE DALLAS/FORTWORTH COMMUNITIES AND OTHER PUBLIC CHARITIES AS NEEDED
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FINANCIAL ASSISTANCE FOR FUNERAL EXPENSES TO 42 OF 852 DUES PAYING MEMBERS OF THIS MUTUAL ASSISTANCE PROGRAM
PROVIDED SERVICES TO THE DFW COMMUNITIES SUCH AS DISTRIBUTE PAN FOOD BOXES THROUGH MEMBERSHIPS DUES AND DONATIONS FOR VAMAS MEMBERS AND PEOPLE FROM THE PUBLIC COMMUNITIES; PROVIDED FOR MEMBERS YEARLY PICNIC AND NEW YEAR CELEBRATION / MONTHLY MEETINGS WHERE ATTENDING MEMBERS ARE PROVIDED FREE LUNCH / WEEKLY GATHERING PLACE WHERE FREE TEA/COFFEES ARE PROVIDED AND CAN GET INFO ON HEALTH CARE BENEFITS PROGRAMS.
TAUGHT VIETNAMESE LANGUAGE AND PROMOTE CULTURAL ACTIVITIES TO ABOUT 75 CHILDREN AND VIETNAMESE-AMERICAN ADULTS AT DALLAS COMMUNITY COLLEGE - RICHARDSON FACILITY. EXPENSES ARE FOR BOOKS, SPECIAL EVENTS - LUNAR NEW YEAR CELEBRATION SUPPLIES, RENT FACILITY, AND ADVERTISEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Trang DO Director Of Pr, Social And Health Services | Trustee | 2 | $0 |
Dan Dao Director Of Education | Trustee | 0.5 | $0 |
Dziem Nguyen Vice Chairman | Trustee | 3 | $0 |
Dich G Hoang Chairman | Trustee | 6 | $0 |
Hoa Q Nguyen Treasurer/secretary | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $22,630 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,551 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,181 |
| Total Program Service Revenue | $266,180 |
| Investment income | $0 |
| 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 | $303,361 |
| 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 | $272,169 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $480 |
| Office expenses | $820 |
| Information technology | $600 |
| Royalties | $0 |
| Occupancy | $8,650 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,500 |
| All other expenses | $0 |
| Total functional expenses | $289,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $428,971 |
| Savings and temporary cash investments | $5,064 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $434,035 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $434,035 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $434,035 |