Overview
What is Yemeni American Merchant Association Inc?
The Yemeni American Merchant Association Inc, based in Brooklyn, New York, is a nonprofit organization dedicated to the education and upliftment of Yemeni-American merchants and their families. They achieve this by offering various programs, campaigns, and collaborations aimed at enhancing and training the community to become professional and self-sufficient individuals. Additionally, they provide educational opportunities for merchants' wives, including parenting classes, health/wellness workshops, and programs focused on the importance of education. Their mission extends to advocating for civil rights and offering business and social service support, ultimately striving to help Yemeni-American women and girls become financially independent through initiatives like ESL classes, college and career readiness programs, and leadership workshops. The association's workforce consists of 10 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Yemeni American Merchant Association Inc has achieved a strong rating of 90%, reflecting a robust commitment to accountability and financial management. This score is primarily driven by its exceptional performance in the Accountability & Finance category, where it scored 90%. The organization benefits from an entirely independent board, which enhances its governance structure and decision-making processes.
One of the notable strengths of this nonprofit is its transparency, evidenced by the presence of a conflict of interest policy and a whistleblower policy. Additionally, the organization demonstrates effective oversight with its audit and financial statements, contributing to the overall trust placed in its financial practices. The program expense ratio is commendable at 81.44%, indicating that a significant portion of its expenses is directed towards its programs and services.
Despite its strengths, the data does not highlight any particular limitations or areas for improvement, suggesting that the Yemeni American Merchant Association Inc is currently operating at a high standard. Overall, its high rating from Charity Navigator signifies a well-managed organization dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Yemeni American Merchant Association Inc legitimate?
Yemeni American Merchant Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yemeni American Merchant Association 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: $57,730
Professional Fundraising Fees: $0
Other Salaries and Wages: $415,729
For more financial information, click here
What is the mission statement of Yemeni American Merchant Association Inc?
The Yemeni American Merchant Association (YAMA) is committed to educating and elevating Yemeni-American merchants and their families. They achieve this goal through a variety of means, including education programs, civil rights advocacy, and business and social service support. YAMA's educational initiatives aim to enhance and strengthen the Yemeni American community, making them more professional and self-sufficient. They also offer programs for merchants' wives, focusing on parenting, health and wellness, and the importance of education. The association aims to empower women by providing ESL classes, college and career readiness programs, and leadership opportunities. These efforts aim to help merchants' wives and daughters become financially independent.
Who is the CEO of Yemeni American Merchant Association Inc?
Abdul Mubarez is the Director/President of Yemeni American Merchant Association Inc.
What is the revenue of Yemeni American Merchant Association Inc?
Yemeni American Merchant Association Inc's revenue in 2022 was $1,366,543.
Who are the executives of Yemeni American Merchant Association Inc and what are their salaries?
The average compensation at Yemeni American Merchant Association Inc during 2022 was $47,346. There are 10 employees and 25 volunteers at Yemeni American Merchant Association Inc.
Here are 7 key members and their salaries:
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- Compensation: $65,385
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Where can I find the form 990 for Yemeni American Merchant Association Inc?
Yemeni American Merchant Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yemeni American Merchant Association Inc
The Yemeni American Merchants Association (YAMA) is committed to enlightening and uplifting Yemeni-American merchants and their families. They achieve this mission through various means, including education, civil rights advocacy, business, and social service support. Their educational initiatives aim to improve the professionalism and self-sufficiency of the Yemeni American community. They accomplish this by offering programs, campaigns, and collaborations to enhance the skills and knowledge of merchants. Furthermore, they provide educational opportunities for merchants' wives, focusing on parenting, health, wellness, and the importance of education. Their goal is to empower these women and their daughters to become financially independent, often through ESL classes, college and career readiness programs, and leadership workshops.
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Impact
July, 2024
The Yemeni American Merchant Association Inc's impact is significant in educating and elevating Yemeni American merchants and their families. By providing educational programs, campaigns, and collaborations, they aim to enhance the professionalism and self-sufficiency of the Yemeni American community. Additionally, they offer support for merchants' wives through parenting, health/wellness, and education initiatives, empowering them to become self-sufficient and financially independent. Through their efforts, YAMA is contributing to the development and empowerment of the Yemeni American community in Brooklyn, NY.
This information is meant to be a general summary of Yemeni American Merchant Association 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.
- Gross Receipts: $1,366,678
Assets and Liabilities:
- Total Assets: $1,351,528
- Total Liabilities: $682,148
- Net Assets: $669,380
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Organization Details
Founding Year
2018
Phone
(718) 213-0030Principal Officer
Abdul Mubarez
Main Address
352 86TH STREET, BROOKLYN, NY, 11209
NTEE Category
Code: B82 - Education
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