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Sree Venkateswara Temple Of Cleveland

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

EIN: 593815377 ✦ Richfield, OH ✦ Designated as a 501(c)(3)

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Overview

What is Sree Venkateswara Temple Of Cleveland?

Sree Venkateswara Temple of Cleveland is a nonprofit organization based in Richfield, Ohio, specifically at 4406 Brecksville Road, 442869458. Its primary mission is to serve the Hindu community by providing religious services and fostering an understanding of the Hindu faith. The temple actively recruits individuals to participate in ceremonies and temple activities. Beyond religious pursuits, the organization aims to address various spiritual, cultural, civic, educational, and social needs within the Hindu community. Its activities are guided by the Pancaratra Agama, and it houses several Hindu deities, including Sree Venkateswara, SridEVi, Sri Boodevi, Sri Anjaneya, Sri Garuda, and Sri Ganesha. The organization employs a team of five individuals dedicated to fulfilling its mission.


Official website here: www.balajiusa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (69%, Two-Star out of Four Star rating)

The Sree Venkateswara Temple Of Cleveland has received a two-star rating from Charity Navigator, indicating that while there are strengths in its accountability and finance practices, there are significant areas needing improvement. The organization boasts a perfect score in accountability metrics, with 100% independent board members and a solid liabilities to assets ratio. However, the absence of essential financial statements has heavily impacted its overall rating.

Despite its strong program expense ratio indicating that all expenses are dedicated to its programs, the lack of key policies such as conflict of interest, whistleblower, and document retention and destruction raises concerns regarding governance and transparency. Although the board demonstrates independence and proper documentation of meetings, the missing policies suggest that the organization may not be fully adhering to best practices in nonprofit management.

In summary, while Sree Venkateswara Temple Of Cleveland has established good financial practices, the lack of critical governance policies and financial disclosures highlights areas that need significant attention to improve its operational transparency and accountability.


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

Is Sree Venkateswara Temple Of Cleveland legitimate?

Sree Venkateswara Temple Of Cleveland is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sree Venkateswara Temple Of Cleveland 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: $78,134

For more financial information, click here


Official website here: www.balajiusa.org

What is the mission statement of Sree Venkateswara Temple Of Cleveland?

The Sree Venkateswara Temple of Cleveland aims to cater to the religious, spiritual, cultural, civic, educational, and social needs of individuals within the Hindu community. Its mission is to provide religious services in accordance with Pancaratra Agama, with deities such as Sree Venkateswara, Sridevi, Sri Boodevi, Sri Anjaneya, Sri Garuda, and Sri Ganesha being worshipped. Furthermore, the temple strives to support causes related to the Hindu religion, encourages participation in ceremonies and temple activities, and promotes understanding of the Hindu faith within the community.


Official website here: www.balajiusa.org

Who is the CEO of Sree Venkateswara Temple Of Cleveland?

Jagdish Medarametla is the Joint Treasu of Sree Venkateswara Temple Of Cleveland.


Official website here: www.balajiusa.org

What is the revenue of Sree Venkateswara Temple Of Cleveland?

Sree Venkateswara Temple Of Cleveland's revenue in 2022 was $682,675.


Official website here: www.balajiusa.org

Who are the executives of Sree Venkateswara Temple Of Cleveland and what are their salaries?

The average compensation at Sree Venkateswara Temple Of Cleveland during 2022 was $15,627. There are 5 employees at Sree Venkateswara Temple Of Cleveland.


Here are 5 key members and their salaries:


Nandini Kulasekaran (Joint Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murali Lakireddy (Vice Charman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jagdish Medarametla (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suman Pillarisetti (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarala Venna (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.balajiusa.org

Where can I find the form 990 for Sree Venkateswara Temple Of Cleveland?

Sree Venkateswara Temple Of Cleveland's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.balajiusa.org

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

Mission Statement of Sree Venkateswara Temple Of Cleveland

The Sree Venkateswara Temple of Cleveland is dedicated to serving the spiritual and cultural needs of individuals who share the Hindu faith within the community. Its primary mission is to provide religious services in accordance with the Pancaratra Agama, honoring six deities: Sree Venkateswara, Sridevi, Sri Boodevi, Sri Anjaneya, Sri Garuda, and Sri Ganesha. Beyond religious services, this temple also aims to promote understanding and participation in the Hindu religion, fostering a sense of community among its members. It strives to cultivate knowledge and appreciation for Hindu practices, inviting individuals to participate in temple ceremonies and activities.

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Impact




July, 2024

Sree Venkateswara Temple Of Cleveland plays a significant role in serving the Hindu community by providing religious, spiritual, cultural, civic, educational, and social support. The temple's impact is felt through its promotion of the Hindu faith, facilitation of religious services, and engagement of community members in ceremonies and temple activities. By upholding the traditions and practices of the Hindu religion and worshiping deities such as Sree Venkateswara, Sridevi, Sri Boodevi, Sri Anjaneya, Sri Garuda, and Sri Ganesha, the temple fosters a sense of belonging and connection among its followers. Through its mission to provide religious services according to the Pancharatra Agama, the temple plays a vital role in preserving and promoting Hindu culture within the community.




This information is meant to be a general summary of Sree Venkateswara Temple Of Cleveland. 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
$682,675 (2022)
Expenses
$780,393 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $457
  • Gross Receipts: $682,675

Assets and Liabilities:

  • Total Assets: $5,748,995
  • Total Liabilities: $1,575,437
  • Net Assets: $4,173,558

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Organization Details

Founding Year

2008

Principal Officer

Jagdish Medarametla

Main Address

4406 BRECKSVILLE ROAD, RICHFIELD, OH, 442869458

NTEE Category

Code: X70 - Religion related

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