Overview
What is Chinese American Community Center Inc?
The Chinese American Community Center Inc is a nonprofit organization that fosters the harmonious blend of Chinese and American cultures. They achieve this goal by organizing cultural and educational programs and events. The center also operates a Montessori preschool and child care facility, ensuring young children gain a nurturing environment. Furthermore, they run a cultural and recreational events center that caters to the community's needs. By engaging in these activities, the Chinese American Community Center Inc serves as a bridge connecting the two cultures, promoting integration and mutual understanding.
Official website here: www.caccdelaware.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Chinese American Community Center Inc has earned a Two-Star out of Four Star rating with an overall score of 69%. This rating indicates that while the organization has some strengths, there are notable areas for improvement, particularly in accountability and financial transparency.
One of the organization's strengths is its governance structure, as it boasts a fully independent board with 100% of its members meeting independence criteria. Additionally, the center demonstrates strong financial health with a low liabilities to assets ratio of 22.71%, and it allocates a significant portion of its budget, 84.22%, directly to programs. These factors suggest a commitment to effective resource management and program delivery.
However, the nonprofit has several weaknesses that affect its overall rating. Missing policies such as conflict of interest and whistleblower protections raise concerns about governance practices. Moreover, the lack of posted financial documents on its website and the use of a review or compilation for financial statements suggest a need for greater transparency. Addressing these gaps could enhance the organization's credibility and effectiveness moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Chinese American Community Center Inc legitimate?
Chinese American Community Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chinese American Community Center 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: $459,481
For more financial information, click here
Official website here: www.caccdelaware.org
What is the mission statement of Chinese American Community Center Inc?
The Chinese American Community Center Inc's mission is centered around fostering cultural exchange and integration between the Chinese and American communities. This is achieved through the organization's implementation of cultural and educational programs and events. In essence, their goal is to bridge the gap between these two distinct cultures, encouraging understanding and unity. The center also operates a Montessori preschool and a cultural and recreational events center, furthering their mission by providing educational opportunities and social spaces.
Official website here: www.caccdelaware.org
Who is the CEO of Chinese American Community Center Inc?
Fancia Tang is the Chair of Chinese American Community Center Inc.
Official website here: www.caccdelaware.org
What is the revenue of Chinese American Community Center Inc?
Chinese American Community Center Inc's revenue in 2022 was $1,152,625.
Official website here: www.caccdelaware.org
Who are the executives of Chinese American Community Center Inc and what are their salaries?
The average compensation at Chinese American Community Center Inc during 2022 was $24,183. There are 19 employees and 100 volunteers at Chinese American Community Center Inc.
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Official website here: www.caccdelaware.org
Where can I find the form 990 for Chinese American Community Center Inc?
Chinese American Community Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.caccdelaware.org
Learn more at the official website: www.caccdelaware.org
Mission Statement of Chinese American Community Center Inc
The Chinese American Community Center Inc, in its mission, strives to foster the interchange and coexistence of Chinese and American cultures. This is achieved through the organization's implementation of cultural and educational programs and events. By doing so, the Center aims to bridge the gap between these two distinct cultures, ultimately integrating them. Besides its mission, the Center also operates a Montessori preschool and child care facility, providing a nurturing environment for young children. Furthermore, it manages a cultural and recreational events center, offering a platform for various cultural activities and celebrations. The Chinese American Community Center Inc, through its initiatives, actively promotes understanding and appreciation for both Chinese and American cultures.
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Impact
July, 2024
The Chinese American Community Center Inc plays a vital role in fostering cultural exchange and integration between Chinese and American communities through its diverse range of cultural and educational programs and events. By running a Montessori preschool and child care center, they are shaping the future generation with an understanding and appreciation of both cultures. Additionally, their cultural and recreational events center provides a platform for individuals from different backgrounds to come together, learn from one another, and celebrate diversity. Through their mission to promote cultural exchange and education, the organization is making a significant impact in bridging the gap between Chinese and American cultures in Hockessin, DE.
This information is meant to be a general summary of Chinese American Community Center 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,589
- Program Service Revenue: $758,191
- Gross Receipts: $1,152,625
Assets and Liabilities:
- Total Assets: $3,151,195
- Total Liabilities: $653,991
- Net Assets: $2,497,204
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$707,371
Cultural and Rec Event
Revenue
$50,820
Organization Details
Founding Year
1982
Phone
(302) 239-0432Principal Officer
Fancia Tang
Main Address
P O Box 849, Hockessin, DE, 19707
Website
www.caccdelaware.orgNTEE Category
Code: P840 - Human services
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