Overview
What is American Institute In Taiwan?
The American Institute in Taiwan is a nonprofit organization based in Arlington, Virginia. With a team of ten employees, its primary purpose is to contribute to peace, security, and stability in the Western Pacific region and support the United States' foreign policy by fostering commercial, cultural, and other relations between the peoples of the United States and Taiwan, as stated in the Taiwan Relations Act of 1979.
Official website here: www.ait.org.tw/en
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The American Institute in Taiwan has received a two-star rating from Charity Navigator, indicating that there are areas of concern regarding its overall financial health and accountability. While the organization has scored well in several key areas such as financial statements audit and program expense ratio, it has been marked down primarily due to its liabilities to assets ratio, which stands at 100%. This raises flags regarding its financial stability.
Strengths of the organization include a solid performance in policies related to governance, such as having comprehensive conflict of interest, whistleblower, and document retention policies. The organization has also effectively maintained transparency by making board meeting minutes accessible. These strengths suggest a commitment to ethical standards in operation.
However, the high liabilities to assets ratio suggests that the organization may be over-leveraged or facing financial pressures, which could impact its ability to sustain operations in the long term. With an overall score of 66%, it is clear that while there are positive aspects to the organization's governance and program expenses, significant financial concerns remain that warrant attention.
This AI summary has been generated from information found on Charity Navigator.
Is American Institute In Taiwan legitimate?
American Institute In Taiwan is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Institute In Taiwan 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: $435,326
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,091,489
For more financial information, click here
Official website here: www.ait.org.tw/en
What is the mission statement of American Institute In Taiwan?
The American Institute in Taiwan is dedicated to maintaining peace, security, and stability in the Western Pacific region. It works towards promoting the foreign policy interests of the United States by fostering commercial, cultural, and other relations between the peoples of the two countries. As outlined in the Taiwan Relations Act of 1979, the American Institute in Taiwan's primary mission is to authorize the continuation of these relations, contributing to a harmonious and secure Western Pacific community.
Official website here: www.ait.org.tw/en
Who is the CEO of American Institute In Taiwan?
Ingrid Larson is the Ait/W Managing Director of American Institute In Taiwan.
Official website here: www.ait.org.tw/en
What is the revenue of American Institute In Taiwan?
American Institute In Taiwan's revenue in 2022 was $56,055,934.
Official website here: www.ait.org.tw/en
Who are the executives of American Institute In Taiwan and what are their salaries?
The average compensation at American Institute In Taiwan during 2022 was $2,652,682. There are 10 employees at American Institute In Taiwan.
Here are 9 key members and their salaries:
- Compensation: $88,571
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $147,815
- Related: $0
- Other: $34,228
- Compensation: $133,105
- Related: $0
- Other: $31,606
- Compensation: $159,105
- Related: $0
- Other: $31,606
- Compensation: $116,497
- Related: $0
- Other: $23,149
Official website here: www.ait.org.tw/en
Where can I find the form 990 for American Institute In Taiwan?
American Institute In Taiwan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ait.org.tw/en
Learn more at the official website: www.ait.org.tw/en
Mission Statement of American Institute In Taiwan
The American Institute in Taiwan, a renowned organization, is dedicated to preserving peace, security, and stability in the Western Pacific region. Through its primary mission, it works tirelessly to foster and strengthen the relationships between the people of the United States and Taiwan. This institute is authorized to continue commercial, cultural, and other interactions between the two nations, as outlined in the Taiwan Relations Act of 1979. By doing so, the American Institute in Taiwan plays a significant role in implementing the foreign policy objectives of the United States.
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Impact
October, 2024
The American Institute In Taiwan plays a crucial role in fostering peace, security, and stability in the Western Pacific region. By facilitating ongoing commercial, cultural, and other relations between the United States and Taiwan, it serves as a vital link that strengthens bilateral ties. Its activities are grounded in the Taiwan Relations Act, which underscores the importance of maintaining a stable relationship that aligns with U.S. foreign policy objectives.
Through various initiatives, the Institute contributes to regional stability by promoting dialogue and cooperation. This is particularly significant in an area marked by complex geopolitical dynamics. The establishment of positive U.S.-Taiwan relations not only bolsters Taiwan’s resilience but also enhances broader security frameworks within the Pacific realm.
Furthermore, the Institute's role in cultural exchanges enriches mutual understanding and appreciation, enabling citizens from both regions to connect more deeply. By supporting these efforts, the American Institute In Taiwan actively contributes to a more interconnected and peaceful global landscape.
This information is meant to be a general summary of American Institute In Taiwan. 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: $106,061
- Program Service Revenue: $14,999,702
- Gross Receipts: $56,055,934
Assets and Liabilities:
- Total Assets: $56,700,715
- Total Liabilities: $56,700,715
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REIMBURSEMENTS
Revenue
$10,492,198
VISA APPLICATIONS
Revenue
$4,224,105
OTHER PROGRAM SERVICE ACTIVITIES
Revenue
$283,399
Organization Details
Founding Year
1979
Phone
(703) 525-8474Principal Officer
Ingrid Larson
Main Address
1300 N 17TH STREET 750, ARLINGTON, VA, 22209
Website
www.ait.org.tw/enNTEE Category
Code: Q99Z - International
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