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Benevolence Temple

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

EIN: 842780664 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Benevolence Temple?

Benevolence Temple, situated in Las Vegas, Nevada, is a nonprofit organization that operates under the Nonprofit Religious Corporation Law. Led by Mingyu Zhang, the temple is solely dedicated to religious pursuits, adhering to the guidelines set by the Internal Revenue Code Section 501(c)(3). Its primary focus is on religious activities, operating within the confines of its religious purpose.


Official website here: www.benevolencetemple.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 27%

Benevolence Temple has received a Zero-Star out of Four Star rating from Charity Navigator, with an overall score of 27%. This low score indicates significant shortcomings in the organization’s accountability and financial practices. The rating is based solely on the Accountability & Finance beacon, where the charity scored poorly in multiple areas, most notably for lacking financial statements and essential governance policies.

Despite some strengths, such as having a fully independent board and no material diversion of assets, the absence of financial transparency is a major concern. The organization does not provide financial statements, which hinders stakeholders' ability to assess its financial health and effectiveness. Additionally, the lack of a conflict of interest policy and other governance documents further diminishes trust.

Overall, while Benevolence Temple has established a fully independent board, serious issues related to financial reporting and governance policies raise significant red flags. Potential donors and supporters are encouraged to exercise caution and seek more information before engaging with the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Benevolence Temple legitimate?

Benevolence Temple is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benevolence Temple 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: $15,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.benevolencetemple.org

What is the mission statement of Benevolence Temple?

Benevolence Temple, as a religious corporation, is organized and operated solely for religious purposes, adhering to the guidelines set by the Internal Revenue Code Section 501(c)(3). Its mission is focused on religious activities, operating exclusively within this sphere. The temple, while not providing specific details about its objectives or beliefs, is committed to serving its religious purpose within the legal framework established for nonprofit religious organizations.


Official website here: www.benevolencetemple.org

Who is the CEO of Benevolence Temple?

Mingyu Zhang is the President of Benevolence Temple.


Official website here: www.benevolencetemple.org

What is the revenue of Benevolence Temple?

Benevolence Temple's revenue in 2022 was $787,104.


Official website here: www.benevolencetemple.org

Who are the executives of Benevolence Temple and what are their salaries?

There 3 volunteers at Benevolence Temple.


Here are 3 key members and their salaries:


Mukta Miaoyin Shih (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mingyu Zhang (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xiuqing Lou (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.benevolencetemple.org

Where can I find the form 990 for Benevolence Temple?

Benevolence Temple's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.benevolencetemple.org

Learn more at the official website: www.benevolencetemple.org

Mission Statement of Benevolence Temple

Benevolence Temple, as a religious corporation, is dedicated exclusively to religious pursuits. Operating under the Nonprofit Religious Corporation Law and in accordance with Internal Revenue Code Section 501(c)(3), this organization is entirely focused on serving religious purposes. Its mission is defined by its commitment to religious activities, guided by the leadership of Mingyu Zhang. The corporation's operations are centered around these religious pursuits, ensuring a profound devotion to its religious objectives.

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Impact




July, 2024

The Benevolence Temple in Las Vegas, NV, under the leadership of Mingyu Zhang, has a significant impact on the community through its religious activities and programs. The temple, organized as a nonprofit under the Nonprofit Religious Corporation Law, is dedicated solely to religious purposes within the meaning of Internal Revenue Code Section 501(c)(3).

The temple's mission of providing spiritual guidance, fostering a sense of community, and promoting religious teachings contributes to the well-being and spiritual growth of its members and the broader society. Through its religious services, educational programs, and charitable initiatives, Benevolence Temple plays a vital role in promoting peace, harmony, and compassion in the community.

Additionally, as a nonprofit organization, Benevolence Temple may also provide support and assistance to those in need, further extending its impact beyond the realm of religious activities. The temple's commitment to serving the community and promoting spiritual values makes it a valuable and influential institution in Las Vegas.




This information is meant to be a general summary of Benevolence Temple. 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
$787,104 (2022)
Expenses
$272,431 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $787,104

Assets and Liabilities:

  • Total Assets: $2,074,670
  • Total Liabilities: $159
  • Net Assets: $2,074,511

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Organization Details

Founding Year

2019

Principal Officer

Mingyu Zhang

Main Address

700 E ST LOUIS AVE, Las Vegas, NV, 89104

NTEE Category

Code: X50 - Religion related

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