Overview
What is U Channel Foundation?
The U Channel Foundation is a nonprofit organization situated in Santa Clara, California, with a postal address of 1177 Laurelwood Road. Their primary mission is to cater to the Chinese community in the San Francisco Bay Area and beyond, extending their reach beyond their local area. They achieve this goal by delivering TV and online programs that foster positive cultural and spiritual influences. With a team of nine dedicated individuals, the U Channel Foundation plays a significant role in promoting uplifting values within the Chinese community, contributing to their well-being and strengthening their cultural identity.
Official website here: www.uchanneltv.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The U Channel Foundation receives a strong rating of 81%, indicating a solid performance in accountability and finance. This rating is bolstered by an entirely independent board and effective governance practices, including a comprehensive conflict of interest policy and a whistleblower policy. Such measures demonstrate the organization's commitment to transparency and ethical management.
The foundation's financial health is further illustrated by its impressive program expense ratio of nearly 91%, meaning that a significant portion of its expenditures directly supports its programs. Additionally, the low liabilities to assets ratio of just 2.52% indicates a stable financial standing, suggesting that the organization is effectively managing its resources.
However, while the ratings reflect positively on the foundation's governance and financial practices, there is always room for improvement in areas such as outreach and impact measurement. Continued focus on these aspects could enhance the organization's overall effectiveness and public perception in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is U Channel Foundation legitimate?
U Channel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. U Channel Foundation 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: $328,999
For more financial information, click here
Official website here: www.uchanneltv.us
What is the mission statement of U Channel Foundation?
The U Channel Foundation's mission is centered around serving the Chinese community beyond the San Francisco Bay Area. They achieve this by offering TV and online programs that promote positive cultural and spiritual influences. The organization's objective is to contribute to the community's well-being by disseminating programs that uphold positive values and beliefs. This mission aims to foster a sense of unity and understanding within the Chinese community, extending its reach beyond the Bay Area.
Official website here: www.uchanneltv.us
Who is the CEO of U Channel Foundation?
Victor Cheng is the Treasurer of U Channel Foundation.
Official website here: www.uchanneltv.us
What is the revenue of U Channel Foundation?
U Channel Foundation's revenue in 2022 was $815,647.
Official website here: www.uchanneltv.us
Who are the executives of U Channel Foundation and what are their salaries?
The average compensation at U Channel Foundation during 2022 was $36,555. There are 9 employees and 38 volunteers at U Channel Foundation.
Here are 5 key members and their salaries:
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Official website here: www.uchanneltv.us
Where can I find the form 990 for U Channel Foundation?
U Channel Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uchanneltv.us
Learn more at the official website: www.uchanneltv.us
Mission Statement of U Channel Foundation
The U Channel Foundation, a nonprofit organization, is dedicated to serving the Chinese community in the San Francisco Bay Area and beyond. Its mission is to make a positive impact through the provision of television and online programs that promote uplifting cultural and spiritual influences. By utilizing these mediums, the foundation aims to enrich the lives of its community members and foster a sense of unity and positivity.
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Impact
July, 2024
U Channel Foundation positively impacts the Chinese community in the San Francisco Bay Area and beyond by providing TV and online programs that promote positive cultural and spiritual influences. Through their initiatives, they contribute to preserving and celebrating the rich cultural heritage of the Chinese community, fostering a sense of unity and connection among its members. Their work helps to strengthen community bonds and enrich the lives of those they serve, making a significant difference in promoting cultural awareness and understanding.
This information is meant to be a general summary of U Channel Foundation. 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: $3,058
- Program Service Revenue: $25,866
- Gross Receipts: $815,647
Assets and Liabilities:
- Total Assets: $550,643
- Total Liabilities: $11,997
- Net Assets: $538,646
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Advertising
Revenue
$1,866
Media hosting
Revenue
$24,000
Organization Details
Founding Year
2013
Phone
(408) 868-2615Principal Officer
Victor Cheng
Main Address
1177 Laurelwood Road, Santa Clara, CA, 95054
Website
www.uchanneltv.usNTEE Category
Code: A20 - Arts
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