Ying On Merchant & Labor Benevolent Asso

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

EIN: 237122994 ✦ San francisco, CA ✦ Designated as a 501(c)(8)

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Overview

What is Ying On Merchant & Labor Benevolent Asso?

Ying On Merchant & Labor Benevolent Association is a nonprofit organization situated in San Francisco, California. Its primary purpose is to cultivate camaraderie, fellowship, generosity, and benevolence among its members. This is achieved through various activities, including hosting conferences, meetings, and events for its members and officers. The association also actively contributes to charitable organizations, demonstrating its commitment to giving back to the community.

Is Ying On Merchant & Labor Benevolent Asso legitimate?

Ying On Merchant & Labor Benevolent Asso is a legitimate nonprofit organization registered as a 501(c)(8) entity. Ying On Merchant & Labor Benevolent Asso 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 Ying On Merchant & Labor Benevolent Asso?

The Ying On Merchant & Labor Benevolent Association's mission is focused on promoting, fostering, and encouraging camaraderie, fraternity, charity, and benevolence among its members. This organization actively works towards encouraging a spirit of sociability among its members and extends its benevolence to various charitable causes. Furthermore, it hosts conferences and meetings for its members and officers.

Who is the CEO of Ying On Merchant & Labor Benevolent Asso?

Peter H Lee is the President of Ying On Merchant & Labor Benevolent Asso.

What is the revenue of Ying On Merchant & Labor Benevolent Asso?

Ying On Merchant & Labor Benevolent Asso's revenue in 2022 was $204,565.

Who are the executives of Ying On Merchant & Labor Benevolent Asso and what are their salaries?


Here are 3 key members and their salaries:


Peter H Lee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Lo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xue Peng Wong (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ying On Merchant & Labor Benevolent Asso?

Ying On Merchant & Labor Benevolent Asso's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ying On Merchant & Labor Benevolent Asso

Ying On Merchant & Labor Benevolent Association is dedicated to fostering and promoting a sense of sociability, fraternity, charity, and benevolence among its members. The organization's mission is to encourage these values in a way that brings its members together. Beyond this, Ying On Merchant & Labor Benevolent Association also contributes to various charitable organizations and organizes conferences and meetings for its members and officers. By doing so, the association aims to create a supportive community where its members can connect, engage in charitable activities, and contribute positively to society.

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Impact




October, 2024

Ying On Merchant & Labor Benevolent Association plays a significant role in fostering a sense of community and support among its members. By promoting sociability, fraternity, charity, and benevolence, the organization cultivates a strong network that encourages collaboration and mutual assistance.

Its active involvement in charitable contributions helps address various social needs within the community, enhancing the quality of life for both members and the wider population in San Francisco. Regular conferences and meetings serve as platforms for members to share experiences, discuss challenges, and strategize ways to uplift one another, thereby strengthening the bonds among individuals and enhancing collective resilience.

Through these efforts, Ying On Merchant & Labor Benevolent Association not only enriches the lives of its members but also significantly contributes to the vibrancy and cohesiveness of the local community, demonstrating the power of solidarity in action.




This information is meant to be a general summary of Ying On Merchant & Labor Benevolent Asso. 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
$204,565 (2022)
Expenses
$154,061 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14
  • Program Service Revenue: $8,940
  • Gross Receipts: $302,134

Assets and Liabilities:

  • Total Assets: $562,858
  • Total Liabilities: $1,121,108
  • Net Assets: -$558,250

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Programs

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

Membership Dues & Assessments

Revenue

$8,940

Organization Details

Principal Officer

Peter H Lee

Main Address

745 GRANT AVE, SAN FRANCISCO, CA, 94108

NTEE Category

Code: J40 - Employment

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