Hindu Community And Cultural Center
- Assets
- $30.2m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 38
- Location
- Livermore, CA
- Founding
- 08/1977
- Data as of
- 12/2023
- EIN
- 94-2427126
Organization Overview
Hindu Community And Cultural Center is located in Livermore, CA. The organization was established in 1977. According to its NTEE Classification (X70) the organization is classified as: Hinduism, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Hindu Community And Cultural Center employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hindu Community And Cultural Center 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 12/2023, Hindu Community And Cultural Center generated $6.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $4.7m during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS ORGANIZATION TO PROPOGATE AND PERPETUATE RELIGIOUS AND CULTURAL ASPECTS OF THE HINDU COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PURPOSE OF THIS TAX EXEMPT ENTITY IS TO PROVIDE A PLACE OF WORSHIP FOR HINDUS AND TO PROMOTE HINDU CULTURE AND RELIGION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krishna Kumar Kunnath Manager | 40 | $87,850 | |
Prabhakar Bhanoori Chairman | OfficerTrustee | 5 | $0 |
Usha Ramaswamy Secretary | OfficerTrustee | 5 | $0 |
Vinay Kallesh E C Member | Trustee | 5 | $0 |
Ramarao Yendluri Director | Trustee | 5 | $0 |
Krishna Vutukuru Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,830,135 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,830,135 |
| Total Program Service Revenue | $2,241,624 |
| Investment income | $645,993 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $529,437 |
| 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 | $6,247,189 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $87,850 |
| Compensation of current officers, directors, key employees. | $87,850 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,816,538 |
| 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 | $322,065 |
| Advertising and promotion | $4,587 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $30,014 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $59,383 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $598,811 |
| Insurance | $58,781 |
| All other expenses | $576,540 |
| Total functional expenses | $4,737,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,572,993 |
| Savings and temporary cash investments | $7,329,622 |
| 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 | $17,216,495 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,062,667 |
| Total assets | $30,181,777 |
| Accounts payable and accrued expenses | $75,960 |
| 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 | $1,214,425 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,290,385 |
| Net assets without donor restrictions | $28,774,114 |
| Net assets with donor restrictions | $117,278 |
| 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 | $30,181,777 |