Overview
What is Nan Shan Local Development Corp?
Nan Shan Local Development Corp is a nonprofit organization situated in New York, specifically at 150 Elizabeth Street, New York, NY 10012. Their primary mission is to enhance the quality of life for residents in Queens, New York, by providing facilities for community services. This includes offering job skills training, child care, health and wellness, and senior services. The corporation's activities are geared towards improving the community, and they manage a building in Flushing, New York, which serves as a venue for these programs. Their mission extends to fostering employment opportunities and promoting educational programs within the community.
Official website here: www.cpc-nyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Nan Shan Local Development Corp has received a favorable rating of 81%, which reflects its strong commitment to accountability and finance. This rating is based entirely on a single beacon score, indicating that the organization excels in this area, demonstrating that it effectively manages its resources and maintains high standards of financial integrity.
The organization boasts a fully independent board, with all eight members meeting the criteria for independence. It has achieved perfect scores in several areas, including its audit and oversight committee, conflict of interest policy, and the management of board meeting minutes. Additionally, the program expense ratio is impressively high at 97.90%, signaling that a significant portion of its funds is directed toward its programs and services.
While the organization shows robust financial practices, the rating does not provide insights into its programmatic effectiveness or outcomes, which are crucial for a comprehensive evaluation of its impact. Overall, Nan Shan Local Development Corp demonstrates a strong foundation in financial accountability, but potential donors might want to seek additional information on its specific programs and their effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Nan Shan Local Development Corp legitimate?
Nan Shan Local Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nan Shan Local Development Corp 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: $217,771
For more financial information, click here
Official website here: www.cpc-nyc.org
What is the mission statement of Nan Shan Local Development Corp?
Nan Shan Local Development Corp's mission is centered around enhancing the quality of life for its community members. Specifically, the organization aims to achieve this by managing and maintaining facilities that host a variety of community and educational programs. These programs cater to diverse needs, such as job skills training, child care, health and wellness services, and senior services. The corporation's activities are geared towards fostering employment opportunities and providing a supportive environment for community development.
Official website here: www.cpc-nyc.org
Who is the CEO of Nan Shan Local Development Corp?
Wayne Ho is the CEO of Nan Shan Local Development Corp The CEO's salary of Nan Shan Local Development Corp is $0 and their total compensation is $290,601.
Official website here: www.cpc-nyc.org
What is the revenue of Nan Shan Local Development Corp?
Nan Shan Local Development Corp's revenue in 2024 was $1,515,599.
Official website here: www.cpc-nyc.org
Who are the executives of Nan Shan Local Development Corp and what are their salaries?
There 8 volunteers at Nan Shan Local Development Corp.
Here are 16 key members and their salaries (Nan Shan Local Development Corp's CEO's salary is $0 and their total compensation is $290,601):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $206,003
- Other: $11,719
- Compensation: $0
- Related: $208,741
- Other: $22,603
- Compensation: $0
- Related: $116,217
- Other: $8,480
- Compensation: $0
- Related: $155,566
- Other: $25,853
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $113,147
- Other: $22,603
- Compensation: $0
- Related: $266,473
- Other: $24,128
- Compensation: $0
- Related: $160,835
- Other: $8,479
Official website here: www.cpc-nyc.org
Where can I find the form 990 for Nan Shan Local Development Corp?
Nan Shan Local Development Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cpc-nyc.org
Learn more at the official website: www.cpc-nyc.org
Mission Statement of Nan Shan Local Development Corp
Nan Shan Local Development Corp, a nonprofit organization, is committed to enhancing the quality of life for residents in their community. Their mission lies in operating and maintaining facilities that cater to community and educational programs, fostering employment opportunities. By doing so, they aim to significantly improve the living standards of individuals residing in Queens, New York.
The organization's primary objective is to provide community services, which extend to various programs designed to meet the diverse needs of their constituents. Some of these programs include job skills training, childcare, health and wellness initiatives, and senior services. By offering these facilities, Nan Shan Local Development Corp aims to empower its residents, equipping them with the necessary skills and resources to lead fulfilling lives.
In essence, Nan Shan Local Development Corp serves as a beacon of hope for the community, providing them with the tools and resources required to thrive. Through their dedication to community development and educational programs, they strive to create a more vibrant and self-sufficient community.
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Impact
October, 2024
Nan Shan Local Development Corp significantly enhances the quality of life for residents in Queens, NY, by providing essential facilities for community services. The organization owns and manages a dedicated building in Flushing that serves as a hub for various community programs. These programs include job skills training, childcare, health and wellness initiatives, and services tailored for seniors. By offering these resources, Nan Shan Local Development Corp not only fosters educational opportunities but also creates pathways for employment, ultimately strengthening the community and improving residents' overall well-being.
This information is meant to be a general summary of Nan Shan Local Development Corp. 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 2024.
- Investment Income: $327
- Program Service Revenue: $1,390,155
- Gross Receipts: $1,515,599
Assets and Liabilities:
- Total Assets: $20,272,153
- Total Liabilities: $19,953,108
- Net Assets: $319,045
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$932,230
COMMON AREA MAINT.
Revenue
$365,061
UTILITY CHARGES
Revenue
$92,864
Organization Details
Founding Year
2000
Principal Officer
Wayne Ho
Website
www.cpc-nyc.orgNTEE Category
Code: P99 - Human services
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