Yap Community Action Program Yapcap

Organization Overview

Yap Community Action Program Yapcap is located in Colonia Yap State, FM. The organization was established in 1983. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Yap Community Action Program Yapcap employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yap Community Action Program Yapcap 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 09/2023, Yap Community Action Program Yapcap generated $521.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $372.9k during the year ending 09/2023. While expenses have increased by 0.8% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LOW-COST, LOW-INTEREST HOUSING LOANS TO LOW INCOME AND ECONOMICALLY DISADVANTAGED FAMILIES IN YAP. TO OPERATE AND SUPPORT PROGRAMS AIMED AT ENVIRONMENTAL AND CULTURAL PRESERVATION AND OTHER SUSTAINABLE

Describe the Organization's Program Activity:

Part 3 - Line 4a

YAP STATE GOVERNMENT APPROPRIATES FUNDS TO YAP COMMUNITY FOR IT'S OPERATIONS IN CARRYING OUT COMMUNITY SERVICES ON YAP.


TO DEVELOP A SYSTEM AND PROCESS INTENDED TO SUPPORT COMMUNITIES IN THE PROTECTION AND MANAGEMENT OF NATURAL RESOURCES AND CORAL REEF MONITORING.


ASSIST IN SOCIAL, CULTURAL, ECONOMIC BENEFITS, COMMUNITY DEVELOPMENT & INFRASTRUCTURE PROJECTS IN THE STATE.


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Board, Officers & Key Employees

Name (title)Compensation
Sabino Sauchomal
Executive Director
$20,425
Julian Tewasilpiy
Deputy Director
$18,447
Ted Rutun
Chairman
$0
Vincent Tafileluw
Vice-Chairman
$0
Falownug Kenmed
Secretary/treasurer
$0
Peter Ubemal
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$432,386
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$432,386
Total Program Service Revenue$0
Investment income $89,068
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 $521,454

Peer Organizations

Organization NameAssets

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