Overview
What is Rasung Lily Association?
The Rasung Lily Association, situated in La Canada, California, is a charitable organization that gathers contributions from the public and distributes them to individuals or organizations in need. This is done through recommendations from individuals. Prospective recipients must submit an account of their financial hardship or organization's situation. The association's board of directors reviews these submissions, considering the financial needs of each applicant, to decide on the recipients and the amount of support. The funds raised are then used to aid these selected individuals or organizations, with the organization providing a financial report to account for its usage.
Is Rasung Lily Association legitimate?
Rasung Lily Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rasung Lily Association 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 Rasung Lily Association?
The Rasung Lily Association is dedicated to charitable activities, focusing on collecting contributions from the general public. Their primary goal is to recruit applicants in need of financial support through recommendations from individuals. Each applicant is required to submit an introduction of their organization or personal situation of financial need. The association's board of directors then selects recipients and determines the amount of support based on their financial needs. The funds raised are utilized to support selected organizations or individuals. A financial report is also provided to showcase the activities supported by the association. The association provides guidelines on how to use the funds received.
Who is the CEO of Rasung Lily Association?
Youn Ja Kim is the President of Rasung Lily Association.
What is the revenue of Rasung Lily Association?
Rasung Lily Association's revenue in 2022 was $16,325.
Who are the executives of Rasung Lily Association and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rasung Lily Association?
Rasung Lily Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rasung Lily Association
The Rasung Lily Association, a charitable organization, is committed to undertaking altruistic activities aimed at assisting individuals in dire financial circumstances. Their mission involves soliciting contributions from the general public, with the intention of providing monetary aid to those in need. This is achieved by recruiting applicants through recommendations from individuals. Each applicant is required to submit an introduction of their organization or themselves, along with a detailed explanation of their financial predicament. The Board of Directors then meticulously selects recipients and determines the amount of financial support they will receive, considering their specific financial situations. The Rasung Lily Association supports various organizations and individuals selected by the Board, based on the amount of funds raised. Upon providing financial support, the organization issues a financial report to ensure transparency and accountability. The funds provided by the Rasung Lily Association are intended to be utilized to alleviate the financial distress of the recipients.
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Impact
August, 2024
Rasung Lily Association's impact lies in its dedication to supporting individuals and organizations in need through charitable activities. By collecting contributions from the public and carefully selecting recipients based on their financial situations, the association provides essential financial support to those who require it most. Through its transparent process of recipient selection and fund distribution, the association ensures that the donations raised are effectively utilized to alleviate financial hardships in the community.
This information is meant to be a general summary of Rasung Lily Association. 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: $16,325
Assets and Liabilities:
- Total Assets: $3,891
- Total Liabilities: $0
- Net Assets: $3,891
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Organization Details
Phone
(213) 380-8389Principal Officer
Youn Ja Kim
Main Address
930 MILMADA DR, LA CANADA, CA, 91011
NTEE Category
Code: P20 - Human services
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