Overview
What is Bangladesh Society Inc?
Bangladesh Society Inc is a nonprofit organization situated in Elmhurst, New York. Their primary focus is on social and cultural missions, serving as a platform for cultural and ethnic awareness. They extend their support to their members by providing funeral services, aiding them in the burial process of their loved ones. Membership services are also an essential part of their offerings, ensuring that their community remains connected and supported. As a nonprofit, Bangladesh Society Inc plays a significant role in preserving cultural heritage and providing essential services to its members during difficult times.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%, Zero-Star out of Four Star rating.
The Bangladesh Society Inc has received a low score of 39%, which translates to a Zero-Star rating, indicating serious concerns regarding its accountability and financial management. This score is derived solely from its Accountability & Finance beacon, highlighting weaknesses in governance practices. The organization has no independent board members, which raises concerns about oversight and potential conflicts of interest.
While the charity demonstrates a solid ratio of liabilities to assets, indicating financial stability, it falls short in several key areas such as transparency and documented governance practices. Notably, the society lacks a whistleblower policy and has not published essential documents like board meeting minutes or its tax form on its website. Despite these issues, the organization has no documented diversion of assets, reflecting some degree of financial integrity.
The charity's program expense ratio is relatively low at 55.66%, suggesting that a significant portion of its funds may not be directed towards its programs and services. This lack of financial allocation towards its mission could impact its effectiveness and overall impact in the community it serves. Without improvements in governance and transparency, the Bangladesh Society Inc may struggle to gain the trust of potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bangladesh Society Inc legitimate?
Bangladesh Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bangladesh Society Inc submitted a form 990EZ, 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.
What is the mission statement of Bangladesh Society Inc?
Bangladesh Society Inc is primarily dedicated to social and cultural missions. The organization provides assistance to its members in arranging funeral services for their loved ones. Beyond funeral services, Bangladesh Society also offers membership benefits. As a cultural and ethnic awareness group, it seeks to foster understanding and appreciation for Bangladeshi heritage and traditions. Located in Elmhurst, NY, the society serves as a platform for promoting cultural awareness and fostering a sense of community among its members and the wider community.
Who is the CEO of Bangladesh Society Inc?
Mohammad R Mia is the President of Bangladesh Society Inc.
What is the revenue of Bangladesh Society Inc?
Bangladesh Society Inc's revenue in 2022 was $76,998.
Who are the executives of Bangladesh Society Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Bangladesh Society Inc?
Bangladesh Society Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Bangladesh Society Inc
Bangladesh Society, a nonprofit organization, is dedicated to serving its community with a focus on social and cultural missions. This organization provides essential services to its members, playing a significant role in helping them during challenging times. One of their primary offerings is funeral services, which aim to assist members in burying their loved ones with dignity and respect. Beyond this, Bangladesh Society also offers membership services, contributing to the overall well-being of its community members. As a cultural and ethnic awareness organization, it plays an important role in promoting understanding and appreciation of Bangladeshi heritage and traditions.
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Impact
August, 2024
Bangladesh Society Inc plays a significant role in impacting the community by providing crucial social and cultural services to its members. Their programs, such as funeral services to assist in burying loved ones, serve as a meaningful support system during difficult times. Additionally, their focus on cultural and ethnic awareness helps foster a sense of community and belonging among members. This organization's presence in Elmhurst, NY, contributes to enriching the local cultural landscape and promoting diversity and inclusivity within the community.
This information is meant to be a general summary of Bangladesh Society 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.
- Program Service Revenue: $52,198
- Gross Receipts: $76,998
Assets and Liabilities:
- Total Assets: $210,144
- Total Liabilities: $0
- Net Assets: $210,144
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Organization Details
Principal Officer
Mohammad R Mia
Main Address
86-24 WHITNEY AVENUE, ELMHURST, NY, 11373
NTEE Category
Code: A23 - Arts
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