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Asian New Life Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200089985 ✦ Flushing, NY ✦ Designated as a 501(c)(3)

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Overview

What is Asian New Life Foundation Inc?

Asian New Life Foundation Inc, headquartered in Flushing, New York, is a nonprofit organization dedicated to assisting immigrant patients navigate the intricate medical technology system and personnel. The foundation's mission is to ensure these individuals receive the best possible care during life-threatening illnesses. It offers financial support and counseling to patients and their families on a case-by-case basis, aiming to bridge the gaps in the complex healthcare system. This compassionate organization seeks to support and empower immigrant patients during their most challenging times.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Zero-Star out of Four Star rating

The Asian New Life Foundation Inc has received a zero-star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. With an overall score of just 33%, the organization struggles particularly in the areas of transparency and governance, evidenced by its lack of a conflict of interest policy and insufficient documentation regarding financial practices.

Despite some strengths, such as having a fully independent board and proper documentation of board meeting minutes, the organization has serious limitations. It scored poorly on critical metrics like website transparency and its program expense ratio, which indicates that only about 49% of its expenses go directly to programs. This raises questions about its operational efficiency and commitment to its mission.

Overall, the rating suggests that potential donors should exercise caution and seek further information before contributing to the Asian New Life Foundation Inc. The lack of necessary policies and transparency measures may hinder the organization's effectiveness and accountability to its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Asian New Life Foundation Inc legitimate?

Asian New Life Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asian New Life Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Asian New Life Foundation Inc?

The Asian New Life Foundation Inc's mission is centered around assisting immigrant patients who are confronted with life-threatening illnesses. The organization aims to guide these patients through the intricate medical technology and personnel system, striving to ensure they receive the best possible care. Furthermore, the foundation offers financial aid and counseling services to patients and their families on a need basis.

Who is the CEO of Asian New Life Foundation Inc?

Andrew S Kim is the Director of Asian New Life Foundation Inc.

What is the revenue of Asian New Life Foundation Inc?

Asian New Life Foundation Inc's revenue in 2023 was $27,471.

Who are the executives of Asian New Life Foundation Inc and what are their salaries?


Here are 20 key members and their salaries:


Samuel Cho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sung Eun Choi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hoon Chung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yoon Han (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Kang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Kang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew S Kim (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beague Sara Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Kim (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Young-Sung Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Il-Yeon Kwon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Sung Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wan Soo Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Na (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chong H Park (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heungsoo Sul (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kap Jae Sung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ju-Young Yo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Asian New Life Foundation Inc?

Asian New Life Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Asian New Life Foundation Inc

Asian New Life Foundation Inc is committed to assisting immigrant patients in navigating the intricate medical technology and personnel system when they are faced with life-threatening illnesses. Recognizing the complexity and challenges that immigrant patients may encounter in this context, the foundation offers financial support and counseling on a needs basis to both patients and their families. By doing so, it aims to help these individuals obtain the best possible care during trying times.

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Impact




August, 2024

Asian New Life Foundation Inc’s impact lies in its crucial role in assisting immigrant patients in navigating the complex healthcare system in pursuit of the best available care during life-threatening illnesses. Additionally, the foundation provides much-needed financial support and counseling to both patients and their families, ensuring they receive comprehensive assistance during challenging times. Through these efforts, Asian New Life Foundation Inc positively impacts the lives of immigrant patients and their families, offering vital support and guidance in times of need.




This information is meant to be a general summary of Asian New Life Foundation Inc. 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.

Revenue
$27,471 (2023)
Expenses
$24,862 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $489
  • Gross Receipts: $27,471

Assets and Liabilities:

  • Total Assets: $105,849
  • Total Liabilities: $0
  • Net Assets: $105,849

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Organization Details

Principal Officer

Andrew S Kim

Main Address

137-10 FRANKLIN AVE L-1, FLUSHING, NY, 11355

NTEE Category

Code: E80 - Health

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