Overview
What is Iowa Asian Alliance Foundation?
The Iowa Asian Alliance Foundation is a nonprofit organization, situated in West Des Moines, Iowa, with a single employee. Its primary mission is to unite various Asian, Asian American, and Pacific Islander communities within Iowa, aiming to foster economic growth and broader community development. In pursuit of this goal, the foundation collaborates with both the private and public sectors, focusing on communication, cultural vitality, leadership and educational advancement, civic responsibility and engagement, and business and economic growth. The organization's activities ultimately aim to strengthen and enrich the Asian community within the state.
Official website here: www.iowaasianalliance.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. The Iowa Asian Alliance Foundation has received a solid rating of 83%, reflecting its strong performance in accountability and finance. This score is calculated solely on its Accountability & Finance metrics, indicating a good level of transparency and responsible financial management.
The organization demonstrates commendable governance with a fully independent board of directors, showing a commitment to ethical oversight. Additionally, it has a strong program expense ratio of 93.39%, indicating that a significant portion of its expenditures directly supports its charitable programs. The absence of material diversion of assets further reinforces its credibility as a nonprofit organization.
However, there are some areas identified for improvement, notably the lack of a whistleblower policy and a document retention and destruction policy, both of which are crucial for enhancing organizational integrity and accountability. These gaps suggest the need for the foundation to bolster its internal policies to align with best practices in nonprofit governance.
This AI summary has been generated from information found on Charity Navigator.
Is Iowa Asian Alliance Foundation legitimate?
Iowa Asian Alliance Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Asian Alliance Foundation 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.iowaasianalliance.com
What is the mission statement of Iowa Asian Alliance Foundation?
The Iowa Asian Alliance Foundation's mission is centered around uniting diverse Asian, Asian American, and Pacific Islander communities. Their primary objective is to foster economic growth and promote broader community development within the state of Iowa. To accomplish this, the foundation collaborates with both the private and public sectors, focusing on communication and cultural vitality, leadership and educational advancement, civic responsibility and engagement, and business and economic growth.
Official website here: www.iowaasianalliance.com
Who is the CEO of Iowa Asian Alliance Foundation?
Nu Huynh is the Executive Di of Iowa Asian Alliance Foundation.
Official website here: www.iowaasianalliance.com
What is the revenue of Iowa Asian Alliance Foundation?
Iowa Asian Alliance Foundation's revenue in 2022 was $499,718.
Official website here: www.iowaasianalliance.com
Who are the executives of Iowa Asian Alliance Foundation and what are their salaries?
The average compensation at Iowa Asian Alliance Foundation during 2022 was $85,000. There is 1 employee and 350 volunteers at Iowa Asian Alliance Foundation.
Here are 8 key members and their salaries:
- Compensation: $85,000
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Official website here: www.iowaasianalliance.com
Where can I find the form 990 for Iowa Asian Alliance Foundation?
Iowa Asian Alliance Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iowaasianalliance.com
Learn more at the official website: www.iowaasianalliance.com
Mission Statement of Iowa Asian Alliance Foundation
The Iowa Asian Alliance Foundation's mission is to bring together various Asian, Asian American, and Pacific Islander communities within Iowa, with the primary objective of fostering economic growth and promoting broader community development. This nonprofit organization strives to bridge gaps and foster unity among these diverse communities, working collaboratively with both private and public sectors. The alliance's activities are geared towards enhancing communication and cultural vitality, encouraging leadership and educational advancement, fostering civic responsibility and engagement, and driving business and economic growth. In essence, the Iowa Asian Alliance Foundation serves as a catalyst for unity, progress, and development among Asian, Asian American, and Pacific Islander communities within the state of Iowa.
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Impact
July, 2024
Iowa Asian Alliance Foundation's impact lies in uniting diverse Asian, Asian American, and Pacific Islander communities to foster economic growth and broader community development within the state of Iowa. Through collaboration with the private and public sectors, the organization promotes communication, cultural vitality, leadership and educational advancement, civic responsibility and engagement, and business and economic growth. Their focus on education is instrumental in empowering individuals and communities to thrive in Iowa's diverse landscape.
This information is meant to be a general summary of Iowa Asian Alliance Foundation. 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: $408
- Program Service Revenue: $216,361
- Gross Receipts: $499,718
Assets and Liabilities:
- Total Assets: $384,612
- Total Liabilities: $38,777
- Net Assets: $345,835
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FESTIVAL INCOME
Revenue
$160,894
EVENT INCOME
Revenue
$31,517
CEDAR RAPIDS FESTIVAL INCOME
Revenue
$20,150
PROGRAM -TRANSLATION SERVICES
Revenue
$3,800
Organization Details
Founding Year
2002
Phone
(515) 282-8192Principal Officer
Nu Huynh
Main Address
6919 VISTA DR, WEST DES MOINES, IA, 50266
Website
www.iowaasianalliance.comNTEE Category
Code: B11 - Education
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