Overview
What is Caipa Foundation Inc?
Caipa Foundation Inc, situated in New York City, is a nonprofit organization committed to enhancing the well-being of the Asian-American senior community. Their primary focus is providing high-quality services through social day care centers, ensuring seniors receive culturally sensitive care that improves their security, peace, and overall quality of life. In addition, they promote the health of Chinese Americans by granting funds to charitable organizations and supporting community health and research projects. With a team of 17 dedicated individuals, Caipa Foundation Inc strives to make a positive impact on the lives of Asian-American seniors.
Official website here: www.caipafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The Caipa Foundation Inc has achieved an impressive score of 96% on Charity Navigator, which translates to a Four-Star rating. This rating is primarily based on the charity's performance in the Accountability & Finance category, indicating a strong commitment to transparency and responsible financial management. A high score in this area suggests that the organization effectively utilizes its resources to maximize impact.
The foundation's governance structure is noteworthy, with 100% of its board members being independent. This independence provides a strong oversight mechanism, ensuring that decisions are made in the best interest of the charity and its mission. Additionally, the organization scores perfectly in areas related to financial oversight, conflict of interest policies, and the retention of documents, further reinforcing its commitment to ethical practices.
While the foundation demonstrates robust financial health with a program expense ratio of 86.71%, indicating that a significant majority of its expenditures go directly toward its programs, there are no noted limitations in the data provided. Overall, Caipa Foundation Inc appears to be a well-managed organization with a solid track record in accountability and finance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Caipa Foundation Inc?
100% of the 5 reviewers on Facebook recommend Caipa Foundation Inc. Here is a summary of their reviews:
Many users express their admiration for the foundation's efforts in supporting the elderly, especially during challenging times like the COVID pandemic. They highlight the organization's commitment to providing essential services, including meals and remote activities, which have proven invaluable to the community.
Overall, the sentiment towards Caipa Foundation Inc. is overwhelmingly positive, with reviewers emphasizing the excellent programs and compassionate care the organization offers. People appreciate the dedication and resourcefulness of the staff in ensuring that the needs of the elderly are met during difficult times.
This AI summary has been generated from reviews found on Facebook.
Is Caipa Foundation Inc legitimate?
Caipa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caipa 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: $477,751
For more financial information, click here
Official website here: www.caipafoundation.org
What is the mission statement of Caipa Foundation Inc?
Caipa Foundation Inc's mission is centered around promoting the health of Chinese Americans. They achieve this by providing grants to other charitable organizations and supporting community health and research projects. The foundation's goal is to offer high-quality services to senior citizens in Asian-American communities, ensuring they receive culturally sensitive care and services, thereby enhancing their quality of life in secure, peaceful environments.
Official website here: www.caipafoundation.org
Who is the CEO of Caipa Foundation Inc?
Sun-Hoo Foo is the Chair/Pres./Dir./Ceo of Caipa Foundation Inc. The CEO's salary of Caipa Foundation Inc is $0 and their total compensation is $0.
Official website here: www.caipafoundation.org
What is the revenue of Caipa Foundation Inc?
Caipa Foundation Inc's revenue in 2022 was $1,774,358.
Official website here: www.caipafoundation.org
Who are the executives of Caipa Foundation Inc and what are their salaries?
The average compensation at Caipa Foundation Inc during 2022 was $28,103. There are 17 employees and 5 volunteers at Caipa Foundation Inc.
Here are 6 key members and their salaries (Caipa Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.caipafoundation.org
Where can I find the form 990 for Caipa Foundation Inc?
Caipa Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.caipafoundation.org
Learn more at the official website: www.caipafoundation.org
Mission Statement of Caipa Foundation Inc
Caipa Foundation Inc, a nonprofit organization, is committed to promoting the health of Chinese Americans. They achieve this mission by granting funds to other charitable organizations and supporting community health and research projects. By doing so, Caipa Foundation Inc contributes to the overall well-being of the Chinese American community.
In addition to providing financial support, Caipa Foundation Inc also focuses on delivering high-quality services to seniors in the Asian-American communities. They operate social day care centers, ensuring that elderly individuals receive culturally sensitive care and services. This approach ensures that seniors in these communities can live a more secure, peaceful, and enhanced quality of life. Caipa Foundation Inc's dedication to the well-being of Asian-American seniors highlights their broader commitment to promoting the health and wellness of the Chinese American community as a whole.
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Impact
October, 2024
Caipa Foundation Inc significantly enhances the health and well-being of Chinese Americans, particularly seniors. By operating social day care centers, it provides high-quality services tailored to the unique cultural needs of the Asian-American community. This culturally sensitive approach not only ensures that seniors receive appropriate care but also fosters a secure and supportive environment that improves their overall quality of life.
The foundation's mission extends beyond direct services; it actively promotes health through grants to other charitable organizations and supports community health and research projects. This comprehensive strategy addresses both immediate needs and long-term health outcomes, demonstrating a profound commitment to the welfare of Chinese Americans in New York and beyond.
This information is meant to be a general summary of Caipa 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$4,351
- Program Service Revenue: $297,790
- Gross Receipts: $1,972,946
Assets and Liabilities:
- Total Assets: $3,724,161
- Total Liabilities: $125,259
- Net Assets: $3,598,902
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGED LT CARE REV.
Revenue
$284,747
SENIOR CENTERS REVENUE
Revenue
$9,507
SILVER SNEAKERS REV.
Revenue
$3,536
Organization Details
Founding Year
2007
Phone
(212) 965-8488Principal Officer
Sun-Hoo Foo
Main Address
202 CANAL STREET SUITE 500, NEW YORK, NY, 10013
Website
www.caipafoundation.orgNTEE Category
Code: T30 - Philanthropy
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