Indochinese-American Council

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

EIN: 232235948 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Indochinese-American Council?

The Indochinese-American Council (IAC) is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary focus is on providing educational and financial services to 687 individuals residing in the region. The IAC's mission is to foster social, economic, and educational advancement among disadvantaged multiracial minority Americans, including newly-arrived refugees and immigrants from various global origins. It promotes racial harmony and cultural understanding among different ethnic groups within American society. The organization's initiatives encompass early childhood education, adult education, and after-school programs. The IAC, with a workforce of 36 employees, is headquartered at 4934-36 Old York Road, Philadelphia, Pennsylvania.


Official website here: www.iacphila.org

Is Indochinese-American Council legitimate?

Indochinese-American Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indochinese-American Council 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: $112,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $468,817

For more financial information, click here


Official website here: www.iacphila.org

What is the mission statement of Indochinese-American Council?

The Indochinese-American Council's mission is centered around assisting disadvantaged multiracial minority Americans, including newly-arrived refugees and immigrants from various global origins. Their primary objective is to facilitate social, economic, and educational advancement and mobility for these individuals. Additionally, the council works towards fostering racial harmony and promoting cultural understanding between diverse ethnic groups within American society. In accomplishing these goals, the Indochinese-American Council offers educational services and financial education to approximately 687 individuals residing in the Philadelphia region, encompassing early childhood education, adult education, and afterschool programs.


Official website here: www.iacphila.org

Who is the CEO of Indochinese-American Council?

Gwynne L Vu is the Executive Director of Indochinese-American Council.


Official website here: www.iacphila.org

What is the revenue of Indochinese-American Council?

Indochinese-American Council's revenue in 2021 was $1,428,518.


Official website here: www.iacphila.org

Who are the executives of Indochinese-American Council and what are their salaries?

The average compensation at Indochinese-American Council during 2021 was $16,134. There are 36 employees and 11 volunteers at Indochinese-American Council.


Here are 7 key members and their salaries:


Gwynne L Vu (Executive Director)
  • Compensation: $112,000
  • Related: $0
  • Other: $0
Ludo Scheffer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Cook (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Sissoko (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andreas Lawfulsanders (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Do (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Renew (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iacphila.org

Where can I find the form 990 for Indochinese-American Council?

Indochinese-American Council's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.iacphila.org

Learn more at the official website: www.iacphila.org

Mission Statement of Indochinese-American Council

The Indochinese-American Council, a nonprofit organization, is committed to assisting disadvantaged multiracial minority Americans, including newly-arrived refugees and immigrants from various parts of the world. Their mission is to promote social, economic, and educational advancement and mobility for these individuals. By offering educational services and financial education, the Indochinese-American Council aims to empower these communities, enabling them to improve their livelihoods and achieve greater mobility. The organization also works towards fostering racial harmony and cultural understanding between different ethnic groups within American society.

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Impact




October, 2024

The Indochinese-American Council has significantly impacted the Philadelphia region by empowering disadvantaged multiracial minority Americans, including newly-arrived refugees and immigrants. By providing essential educational services, financial education, and support for both children and adults, the IAC has directly contributed to the social and economic mobility of 687 individuals.

Their focus on early childhood education and afterschool programs helps ensure that children receive a strong foundation for future learning, while adult education initiatives enable older community members to enhance their skills and gain better employment opportunities. The IAC also plays a critical role in promoting racial harmony and cultural understanding among diverse ethnic groups, fostering a more inclusive society. Through these efforts, the organization supports the broader goal of social cohesion and the integration of newcomers into the fabric of American life.




This information is meant to be a general summary of Indochinese-American Council. 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
$1,428,518 (2021)
Expenses
$1,008,028 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $194
  • Program Service Revenue: $426,456
  • Gross Receipts: $1,428,518

Assets and Liabilities:

  • Total Assets: $4,408,373
  • Total Liabilities: $135,308
  • Net Assets: $4,273,065

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Lessors of Nonresidential Buildings except Miniwarehouses

Revenue

$426,456

Organization Details

Founding Year

1982

Principal Officer

Gwynne L Vu

Main Address

4936 OLD YORK RD, PHILADELPHIA, PA, 191412705

NTEE Category

Code: P84 - Human services

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