Overview
What is Chinese Methodist Center Corporation?
The Chinese Methodist Center Corporation, situated in New York City, is a dedicated nonprofit organization serving immigrant and low-income families. Its mission involves offering affordable, high-quality educational, cultural, and recreational programs for children and youth. The organization's after-school and summer programs, running from September to June, provide homework assistance, tutoring services, and academic enrichment to school-age children and youth. These programs, which are open Monday to Friday from 2:30 to 6:00 PM, also offer nutritious meals to students. The organization boasts a team of 20 committed individuals who work tirelessly to positively impact the students, with 90% of enrolled students showing improvements in their reading levels and overall school performance. The Chinese Methodist Center Corporation's work is rooted in New York City's history of welcoming immigrants, aiming to help children and youth build a stronger foundation for an improved quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Chinese Methodist Center Corporation has achieved an impressive 94% rating from Charity Navigator, indicating strong performance in accountability and finance. This high score reflects the organization's transparency and effective management of funds, reinforcing its reliability as a nonprofit. The rating is derived solely from its accountability and finance metrics, highlighting the center's commitment to ethical practices and operational integrity.
Key strengths of the organization include a majority independent board, with 85% of its members being independent, and adherence to important governance policies such as conflict of interest and whistleblower protections. The organization also demonstrates effective financial management, with a low liabilities-to-assets ratio of 11.47% and a program expense ratio of 75.79%, indicating that a significant portion of its expenses is directed toward its programs and services, rather than administrative costs.
While the rating is exceptional, it is based entirely on financial accountability metrics. Future evaluations might benefit from additional insights into program impact and community engagement to provide a more comprehensive picture of the organization’s overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Chinese Methodist Center Corporation legitimate?
Chinese Methodist Center Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chinese Methodist Center Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $51,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,938
For more financial information, click here
What is the mission statement of Chinese Methodist Center Corporation?
The Chinese Methodist Center Corporation's mission is centered around providing affordable, high-quality educational, cultural, and recreational programs for immigrant and low-income families' children and youth. Located in New York City, the organization serves to foster character, competency, and citizenship development in a safe and nurturing environment. The corporation is committed to this work due to New York City's historical role as a gateway for immigrants, aiming to support children and youth in building a strong foundation for an improved quality of life.
Who is the CEO of Chinese Methodist Center Corporation?
Christopher Wong is the President of Chinese Methodist Center Corporation.
What is the revenue of Chinese Methodist Center Corporation?
Chinese Methodist Center Corporation's revenue in 2022 was $465,022.
Who are the executives of Chinese Methodist Center Corporation and what are their salaries?
The average compensation at Chinese Methodist Center Corporation during 2022 was $8,222. There are 20 employees and 32 volunteers at Chinese Methodist Center Corporation.
Here are 8 key members and their salaries:
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- Compensation: $27,500
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Where can I find the form 990 for Chinese Methodist Center Corporation?
Chinese Methodist Center Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chinese Methodist Center Corporation
The Chinese Methodist Center Corporation is dedicated to serving immigrant and low-income families in New York City by offering affordable, high-quality educational, cultural, and recreational programs for children and youth. Its mission is to provide a safe and nurturing environment that fosters the development of character, competence, and citizenship. The organization believes that New York City, with its history of welcoming immigrants, is a gateway to new opportunities. By supporting children and youth through its programs, the Chinese Methodist Center Corporation aims to help them build a stronger foundation for an improved quality of life. The corporation is committed to this work, recognizing the importance of education and community engagement in shaping the futures of its young participants.
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Impact
July, 2024
The Chinese Methodist Center Corporation positively impacts immigrant and low-income families in New York City by providing affordable quality education, cultural, and recreational programs for children and youth. Their on-site and remote after-school programs offer homework assistance, tutoring services, and nutritious meals, resulting in improvements in reading levels and overall academic gains for students. The dedicated team members at CMCC work together to create a safe and nurturing environment for the development of character, competency, and citizenship in the children and youth they serve. Through their work, CMCC helps build a stronger foundation for an improved quality of life for the communities they support.
This information is meant to be a general summary of Chinese Methodist Center Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,411
- Program Service Revenue: $90,640
- Gross Receipts: $465,022
Assets and Liabilities:
- Total Assets: $367,856
- Total Liabilities: $42,228
- Net Assets: $325,628
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$90,640
Organization Details
Founding Year
1976
Phone
(212) 349-2703Principal Officer
Christopher Wong
Main Address
69 MADISON STREET, NEW YORK, NY, 10002
NTEE Category
Code: P330 - Human services
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