Cardinal Yu Pin Memorial Foundation is located in Norwalk, CA. The organization was established in 2000. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Cardinal Yu Pin Memorial Foundation employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cardinal Yu Pin Memorial Foundation 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, Cardinal Yu Pin Memorial Foundation generated $861.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $861.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CARDINAL PAUL YU-PIN MEMORIAL FOUNDATION PROVIDES LONG TERM CARE SERVICE TO THOSE NEEDY WITH LIVE-IN LONG TERM CARE FACILITY, ALSO CARRYING OUT MINISTRATION OF RELIGIOUS WORSHIP TO DISABLED AND SENIOR CITIZEN RESIDENCE THROUGH CHINESE DOMINICAN SISTERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARDINAL PAUL YU-PIN MEMORIAL FOUNDATION PROVIDES LONG TERM CARE SERVICE TO THOSE NEEDY WITH LIVE-IN LONG TERM CARE FACILITY, ALSO CARRYING OUT MINISTRATION OF RELIGIOUS WORSHIP TO DISABLED AND SENIOR CITIZEN RESIDENCE THROUGH CHINESE DOMINICAN SISTERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fei Dian Fu Treasurer | Officer | $0 | |
Archbishop Ti Kang President | Officer | 1 | $0 |
Sr Fatima Suchen Lee Secretary | Officer | 1 | $0 |
Rev Paul P Pang Vice Preside | Officer | 1 | $0 |
Sr Chia-Wen Hsu Director | Trustee | $0 | |
Sr Hung Yu Liu Director | Trustee | 4 | $0 |
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 | $8,300 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,300 |
Total Program Service Revenue | $825,141 |
Investment income | $28,358 |
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 | $861,799 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $370,271 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $30,484 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,650 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,546 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $57,898 |
Insurance | $140,237 |
All other expenses | $81,220 |
Total functional expenses | $861,184 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $914,143 |
Savings and temporary cash investments | $1,036,287 |
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 | $2,896,837 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,850 |
Total assets | $4,849,117 |
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 | $5,993 |
Total liabilities | $5,993 |
Net assets without donor restrictions | $0 |
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 | $4,843,124 |
Total liabilities and net assets/fund balances | $4,849,117 |
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