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Taiwanese American Council Of Greater New York Inc

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

EIN: 371549859 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Taiwanese American Council Of Greater New York Inc?

The Taiwanese American Council of Greater New York Inc, based in New York City, serves as a coordinating body for Taiwanese organizations and clubs within the wider New York area. Their primary aim is to foster Taiwanese culture, encourage visits, and educate the community about Taiwanese American heritage. They act as a unifying platform for various Taiwanese organizations, promoting their well-being and betterment. The council also organizes social gatherings and events, including annual events like "Passport to Taiwan" and "Hello Taiwan Rocks" concerts, to promote fellowship, extend acquaintances, and educate the community. Additionally, they support other organizations and occasionally host community events throughout the year.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

The Taiwanese American Council of Greater New York Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 73%. This rating indicates a moderate level of operational effectiveness, particularly in the areas of accountability and finance. The organization's commitment to maintaining a fully independent board and transparency in its operations is commendable, contributing positively to its overall score.

Strengths of the organization include a perfect score in having a majority of independent board members and an absence of material diversion of assets. Additionally, the organization demonstrates a high program expense ratio of 98.59%, indicating that a significant portion of its resources is allocated directly to its programs rather than administrative costs. These factors suggest a focus on fulfilling its mission effectively.

However, despite its strengths, the overall rating remains at a moderate level, suggesting there may be areas for improvement in terms of fundraising and operational strategies. While the organization has solid governance practices, ongoing efforts to enhance transparency and efficiency could potentially increase its rating in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Taiwanese American Council Of Greater New York Inc legitimate?

Taiwanese American Council Of Greater New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taiwanese American Council Of Greater New York 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: $0

For more financial information, click here

What is the mission statement of Taiwanese American Council Of Greater New York Inc?

The Taiwanese American Council of Greater New York Inc. serves to coordinate Taiwanese organizations and clubs in the greater New York area, promoting Taiwanese culture and visits while educating the community about Taiwanese American heritage. Acting as a coordinating body for Taiwanese American organizations and clubs, the council aims to enhance the well-being and betterment of the community and its members. It fosters fellowship, extends acquaintances, and educates the community through various social gatherings and events. The organization conducts annual events, including the "Passport to Taiwan" in May and the "Hello Taiwan Rocks" concerts in June, as well as other occasional community events throughout the year. Additionally, the council promotes exhibitions and brings in cultural events to enrich the community's experiences.

Who is the CEO of Taiwanese American Council Of Greater New York Inc?

Hong-Tien Lai is the Treasurer of Taiwanese American Council Of Greater New York Inc.

What is the revenue of Taiwanese American Council Of Greater New York Inc?

Taiwanese American Council Of Greater New York Inc's revenue in 2022 was $56,933.

Who are the executives of Taiwanese American Council Of Greater New York Inc and what are their salaries?

There 12 volunteers at Taiwanese American Council Of Greater New York Inc.


Here are 6 key members and their salaries:


Borcheng Hsu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Huang (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yi-Miao Huang (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hong-Tien Lai (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ya-Ling Lin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shui-Yeh Wei (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Taiwanese American Council Of Greater New York Inc?

Taiwanese American Council Of Greater New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Taiwanese American Council Of Greater New York Inc

The Taiwanese American Council of Greater New York Inc, often referred to as TAC-GNY, serves a pivotal role in coordinating Taiwanese organizations and clubs within the greater New York area. Its primary mission is to promote Taiwanese culture, encouragement of visits, and education about Taiwanese American heritage within the New York community. TAC-GNY functions as a coordinating apparatus for Taiwanese American organizations and clubs, aiming to improve the well-being and betterment of the community and its members. The council fosters fellowship and extends acquaintances through social gatherings and various forms of social interaction. In addition, TAC-GNY assists other organizations in conducting events throughout the year.

TAC-GNY organizes five annual events and various other community events in the greater New York area. The two major annual events include "Passport to Taiwan," held in May, and "Hello Taiwan Rocks" concerts held in June. These events provide opportunities for the community to engage with Taiwanese culture and traditions. Moreover, TAC-GNY promotes exhibitions and invites Taiwanese artists and performers to showcase their works, thereby contributing to the cultural richness of the community. By coordinating these activities, TAC-GNY plays a significant role in educating the New York community about Taiwanese American heritage and fostering a sense of unity within the Taiwanese American community.

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Impact




August, 2024

The Taiwanese American Council Of Greater New York Inc's impact lies in its mission to coordinate Taiwanese organizations and clubs in the Greater New York area. By promoting Taiwanese culture, educating the community about Taiwanese American heritage, and fostering fellowship and social interaction, TAC-GNY serves as a vital coordinating apparatus for the well-being and betterment of the community and its members. Through various events such as "Passport to Taiwan" and "Hello Taiwan Rocks" concerts, TAC-GNY actively engages the community, promotes exhibitions, and brings people together to celebrate and showcase Taiwanese culture.




This information is meant to be a general summary of Taiwanese American Council Of Greater New York 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.

Revenue
$56,933 (2022)
Expenses
$85,903 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $56,933

Assets and Liabilities:

  • Total Assets: $16,172
  • Total Liabilities: $0
  • Net Assets: $16,172

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Organization Details

Founding Year

2007

Principal Officer

Hong-Tien Lai

Main Address

120 EAST 36TH STREET SUITE 1A, NEW YORK, NY, 10016

NTEE Category

Code: A23 - Arts

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