Overview
What is Michigan Tai Chi Association?
The Michigan Tai Chi Association, situated in Howell, MI, operates as a recreational, sporting, or social club professional society. With a primary focus on promoting healthy living, this nonprofit organization provides training and educational resources to its members. Their mission is geared towards fostering a holistic approach to wellness, aiming to enrich the lives of their community members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Michigan Tai Chi Association has received a Two-Star rating from Charity Navigator, which indicates a relatively strong performance in certain areas but highlights significant gaps in accountability and transparency. The organization excels with a perfect score in program expense ratio and demonstrates strong governance with a fully independent board and no material diversion of assets.
However, the association has notable weaknesses, particularly in its lack of key policies such as a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, which resulted in zero points in these areas. Additionally, the absence of financial transparency measures, such as posting tax forms on its website, detracts from its overall accountability score, contributing to its lower rating. This suggests potential areas for improvement to enhance trust and reliability in the eyes of its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Tai Chi Association legitimate?
Michigan Tai Chi Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Tai Chi Association 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 Michigan Tai Chi Association?
The Michigan Tai Chi Association, serving as a recreational or social club professional society, is dedicated to providing training and education in the realm of healthy lifestyles. Their mission aims to foster personal growth and well-being through the practice and understanding of Tai Chi. They strive to promote holistic health and wellness, offering opportunities for learning and development in this area. By engaging in their activities, individuals can expect to enhance their physical, mental, and emotional health.
Who is the CEO of Michigan Tai Chi Association?
Frank Bucholtz is the President of Michigan Tai Chi Association.
What is the revenue of Michigan Tai Chi Association?
Michigan Tai Chi Association's revenue in 2022 was $37,699.
Who are the executives of Michigan Tai Chi Association and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Michigan Tai Chi Association?
Michigan Tai Chi Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Michigan Tai Chi Association
The Michigan Tai Chi Association, serving as a recreational, sporting, or social club professional society, is dedicated to the mission of providing training and education in the realm of healthy lifestyles. This nonprofit organization aims to empower individuals by offering instruction and resources that promote overall well-being. Through its various initiatives, the Michigan Tai Chi Association seeks to foster a community that values and prioritizes maintaining a balanced and wholesome lifestyle.
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Impact
August, 2024
Michigan Tai Chi Association's impact lies in its dedication to training and educating individuals in healthy lifestyles through the practice of Tai Chi. By offering classes and workshops in Howell, MI, the association plays a crucial role in promoting physical and mental well-being within the community. Through its mission of training and education in healthy lifestyles, Michigan Tai Chi Association contributes to enhancing the overall health and quality of life of its participants.
This information is meant to be a general summary of Michigan Tai Chi Association. 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: $187
- Program Service Revenue: $6,613
- Gross Receipts: $37,699
Assets and Liabilities:
- Total Assets: $73,087
- Total Liabilities: $312
- Net Assets: $72,775
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORKSHOP SCHOOLCRAFT
Revenue
$5,531
WORKSHOPS BRIGHTON
Revenue
$735
OTHER
Revenue
$347
Organization Details
Phone
(248) 895-6491Principal Officer
Frank Bucholtz
Main Address
4489 E ALLEN RD, HOWELL, MI, 48855
NTEE Category
Code: N03 - Recreation
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