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Ccdc Legacy Foundation

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

EIN: 474785589 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ccdc Legacy Foundation?

The Ccdc Legacy Foundation, situated in San Francisco, California, serves to uphold and advance the goals of the Chinatown Community Development Center, Inc. Their mission is focused on supporting and promoting the objectives of this center, aiming to make a positive impact within their community. The specifics of their activities and purposes remain undisclosed in the provided information.


Official website here: www.chinatowncdc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Stars

The Ccdc Legacy Foundation has received a commendable Four-Star rating from Charity Navigator, with an overall score of 97%. This high rating is solely based on its accountability and finance metrics, indicating a strong commitment to responsible financial management. The foundation has demonstrated transparency and effectiveness, with a program expense ratio of 96.36%, meaning the vast majority of its expenditures directly support its mission.

Strengths of the organization include a fully independent board, with 71% of its members being independent, which enhances governance and oversight. Additionally, the foundation has established comprehensive policies for conflict of interest and whistleblower protections, contributing to a transparent operational environment. It also maintains excellent documentation practices, evidenced by the availability of board meeting minutes.

There are no significant limitations noted in the data, as the foundation has effectively managed its assets and commitments, with a low liabilities to assets ratio of 0.11%. Overall, the Ccdc Legacy Foundation exemplifies strong operational integrity and financial stewardship, positioning itself as a trustworthy nonprofit in the community.


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

Is Ccdc Legacy Foundation legitimate?

Ccdc Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ccdc Legacy 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: $0

For more financial information, click here


Official website here: www.chinatowncdc.org

What is the mission statement of Ccdc Legacy Foundation?

The Ccdc Legacy Foundation's mission is centered around supporting, benefiting, and furthering the objectives of the Chinatown Community Development Center, Inc. This involves working in tandem to achieve the purpose of the aforementioned organization. The foundation's role is instrumental in upholding and advancing its affiliated organization's objectives.


Official website here: www.chinatowncdc.org

Who is the CEO of Ccdc Legacy Foundation?

Vivian Fei Tsen is the Chair of Ccdc Legacy Foundation.


Official website here: www.chinatowncdc.org

What is the revenue of Ccdc Legacy Foundation?

Ccdc Legacy Foundation's revenue in 2022 was $164,636.


Official website here: www.chinatowncdc.org

Who are the executives of Ccdc Legacy Foundation and what are their salaries?

There 5 volunteers at Ccdc Legacy Foundation.


Here are 7 key members and their salaries:


Gordon Chin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcolm Yeung (President)
  • Compensation: $0
  • Related: $251,769
  • Other: $39,843
Howard Ashlock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivian Fei Tsen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Chung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Huang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Louie (Director)
  • Compensation: $0
  • Related: $191,510
  • Other: $20,849


Official website here: www.chinatowncdc.org

Where can I find the form 990 for Ccdc Legacy Foundation?

Ccdc Legacy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chinatowncdc.org

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

Mission Statement of Ccdc Legacy Foundation

The Ccdc Legacy Foundation is committed to upholding and advancing the objectives of the Chinatown Community Development Center, Inc. This nonprofit organization's mission is centered around supporting, benefiting, and carrying out the purposes of its affiliated center. By doing so, the Ccdc Legacy Foundation aims to contribute positively to its cause, furthering the work and impact of the Chinatown Community Development Center, Inc. in a meaningful way.

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Impact




October, 2024

Ccdc Legacy Foundation significantly impacts the San Francisco community by supporting and enhancing the efforts of the Chinatown Community Development Center (CCDC). Its focus on housing helps address the critical needs of low-income residents in Chinatown, fostering affordable housing solutions and community development initiatives. By working closely with CCDC, the foundation plays a vital role in safeguarding cultural heritage while facilitating access to essential resources for residents. This collaboration strengthens community ties, promotes economic stability, and improves the overall quality of life for the diverse population of Chinatown.




This information is meant to be a general summary of Ccdc Legacy 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.

Revenue
$164,636 (2022)
Expenses
$42,822 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $164,636
  • Gross Receipts: $5,482,889

Assets and Liabilities:

  • Total Assets: $7,865,180
  • Total Liabilities: $8,874
  • Net Assets: $7,856,306

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Organization Details

Founding Year

2015

Principal Officer

Vivian Fei Tsen

Main Address

615 GRANT AVENUE, SAN FRANCISCO, CA, 94108

NTEE Category

Code: L20 - Housing

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