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New Sun Foundation Corp

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

EIN: 831429397 ✦ Deerfield, IL ✦ Designated as a 501(c)(3)

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Overview

What is New Sun Foundation Corp?

New Sun Foundation Corp is a nonprofit organization, headquartered in Deerfield, Illinois, with a specific focus on serving and supporting families and individuals in impoverished communities worldwide. While the information provided does not detail their exact activities, it suggests that they may have a program in mainland China, specifically focused on senior citizens. Their mission is to uplift and aid individuals and families in need, extending their reach beyond their local community.

Is New Sun Foundation Corp legitimate?

New Sun Foundation Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Sun Foundation Corp 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: $0

For more financial information, click here

What is the mission statement of New Sun Foundation Corp?

The New Sun Foundation Corp's mission is centered around serving and supporting families and individuals in impoverished communities globally. Their primary objective is to contribute to their well-being. While specific details about their activities are not provided, it can be inferred that they likely aim to provide aid and resources to these communities, working towards improving their living conditions and overall quality of life. Their efforts in China, as indicated by the mention of the Senior Program Development in Mainland China, hint at a focus on the elderly population in these communities.

Who is the CEO of New Sun Foundation Corp?

Yeung Man Suen is the Secretary of New Sun Foundation Corp.

What is the revenue of New Sun Foundation Corp?

New Sun Foundation Corp's revenue in 2022 was $293,000.

Who are the executives of New Sun Foundation Corp and what are their salaries?


Here are 3 key members and their salaries:


Fan Li (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yeung Man Suen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wing Yin To (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Sun Foundation Corp?

New Sun Foundation Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Sun Foundation Corp

The New Sun Foundation Corp is committed to serving and supporting families and individuals residing in impoverished communities worldwide. Their mission, in essence, is to extend a helping hand to those in need, striving to uplift their living standards. One of their significant initiatives involves the China Senior Program Development in mainland China, showcasing their dedication to making a difference globally.

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Impact




October, 2024

New Sun Foundation Corp significantly impacts underserved communities worldwide by focusing on comprehensive support for families and individuals in need. Through specialized programs like the China Senior Program Development in mainland China, the organization addresses critical challenges faced by vulnerable populations. By providing resources, education, and assistance, it helps improve the quality of life for those living in poverty, fostering self-sufficiency and empowerment. This commitment to humanitarian efforts plays a vital role in enhancing social well-being and economic stability in the communities served.




This information is meant to be a general summary of New Sun Foundation Corp. 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
$293,000 (2022)
20182019202020212022$0$75,000$150k$225k$300k
Expenses
$61,642 (2022)
20182019202020212022$0$20,000$40,000$60,000$80,000
Efficiency
201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Gross Receipts: $293,000

Assets and Liabilities:

  • Total Assets: $684,639
  • Total Liabilities: $0
  • Net Assets: $684,639

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Organization Details

Founding Year

2018

Principal Officer

Yeung Man Suen

Main Address

1020 MAILWAUKEE AVE, DEERFIELD, IL, 60015

NTEE Category

Code: P99 - Human services

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