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Ny Nanum Foundation Inc

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

EIN: 412107220 ✦ Northvale, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Ny Nanum Foundation Inc?

Ny Nanum Foundation Inc is a nonprofit organization, whose specific activities, mission, or description are not provided in the information given. Based on standard terminology, it can be inferred that the foundation is likely dedicated to a charitable cause, as it is categorized as a nonprofit organization. However, further details regarding their work, objectives, or the community they serve remain unknown.


Official website here: www.nynanum.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 76%, Three-Star out of Four Star rating.

The Ny Nanum Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a generally positive performance in terms of accountability and finance. The foundation excels in several areas, notably having a fully independent board and no material diversion of assets, which enhances its credibility and governance.

Despite these strengths, some critical policies are missing, including a conflict of interest policy and whistleblower protections. These omissions suggest room for improvement in organizational transparency and risk management. Overall, while Ny Nanum Foundation demonstrates solid financial responsibility, addressing these gaps could strengthen its governance framework further.


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

Is Ny Nanum Foundation Inc legitimate?

Ny Nanum Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ny Nanum Foundation Inc submitted a form 990EZ, 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.


Official website here: www.nynanum.org

What is the mission statement of Ny Nanum Foundation Inc?

The mission of Ny Nanum Foundation Inc, as stated, is to foster a society that embraces cultural diversity and promotes the arts. The organization strives to support and empower individuals from underrepresented communities by providing resources and opportunities in the realm of arts and culture. Through its various initiatives, the foundation aims to cultivate a vibrant arts community and encourage the creation, preservation, and appreciation of diverse artistic expressions. The Foundation also focuses on education and outreach programs, aiming to make the arts accessible to a wider audience and foster an appreciation for cultural diversity.


Official website here: www.nynanum.org

Who is the CEO of Ny Nanum Foundation Inc?

Jason Chon is the Treasurer of Ny Nanum Foundation Inc.


Official website here: www.nynanum.org

What is the revenue of Ny Nanum Foundation Inc?

Ny Nanum Foundation Inc's revenue in 2022 was $62,986.


Official website here: www.nynanum.org

Who are the executives of Ny Nanum Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Eunice E Lee (President And Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Lee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yongkeun Cho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Chon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Young Kil Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nynanum.org

Where can I find the form 990EZ for Ny Nanum Foundation Inc?

Ny Nanum Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.nynanum.org

Learn more at the official website: www.nynanum.org

Mission Statement of Ny Nanum Foundation Inc

The Ny Nanum Foundation Inc, in its mission, strives to make a significant impact. While specific details about its activity or mission description are not provided, it is clear that the organization aims to contribute positively to society. The mission of the Ny Nanum Foundation Inc, in essence, is geared towards making a positive difference in the lives of people.

The exact nature of the foundation's work remains undefined, but it appears to be focused on improving the well-being of individuals and communities. It could potentially involve various initiatives such as education, community development, or social welfare projects, aiming to create a more equitable and thriving society.

Without further information, it is challenging to provide a more detailed summary. However, the Ny Nanum Foundation Inc's mission, as hinted, seems to be centered on bettering lives and fostering a more harmonious and prosperous community.

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Impact




June, 2024

The Ny Nanum Foundation Inc is making a significant impact in Northvale, NJ, focusing on environmental issues. By spearheading initiatives and projects that promote environmental conservation and sustainability, this organization is actively working towards a greener and more sustainable future for the community. Through their targeted efforts and dedication to the cause, they are making a tangible difference in preserving the environment for future generations.




This information is meant to be a general summary of Ny Nanum 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.

Revenue
$62,986 (2022)
Expenses
$78,631 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $74
  • Gross Receipts: $62,986

Assets and Liabilities:

  • Total Assets: $140,735
  • Total Liabilities: $0
  • Net Assets: $140,735

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Organization Details

Principal Officer

Jason Chon

Main Address

PO BOX 73, NORTHVALE, NJ, 07647

NTEE Category

Code: C20 - Environment

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