Formosa Taiwan Inc

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

EIN: 871215471 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Formosa Taiwan Inc?

Formosa Taiwan Inc is a nonprofit organization situated in Las Vegas, Nevada, specifically at 8484 Palmada Dr. Their primary objective is to promote and preserve Taiwanese culture among the public and within the Taiwanese American community. During challenging times, such as the COVID-19 pandemic, they extend their mission to assist those impacted in the Las Vegas area. They demonstrate their commitment to the community by hosting cultural event celebrations and providing benevolent aid in the form of meal boxes for homeless, indigent individuals.


Official website here: www.facebook.com/groups/345290872507199/

Is Formosa Taiwan Inc legitimate?

Formosa Taiwan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Formosa Taiwan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.facebook.com/groups/345290872507199/

What is the mission statement of Formosa Taiwan Inc?

Formosa Taiwan Inc's mission is centered around promoting Taiwanese culture to the general public. The organization strives to preserve and educate future generations about Taiwanese culture, particularly among Taiwanese Americans. Additionally, Formosa Taiwan Inc extends its support to those in need, providing aid to individuals impacted by the COVID-19 pandemic in the Las Vegas area. To achieve its goals, the organization hosts cultural events and offers benevolent assistance, such as distributing meal boxes to the homeless community.


Official website here: www.facebook.com/groups/345290872507199/

Who is the CEO of Formosa Taiwan Inc?

Lan Ting Yang is the President / Treasurer of Formosa Taiwan Inc.


Official website here: www.facebook.com/groups/345290872507199/

What is the revenue of Formosa Taiwan Inc?

Formosa Taiwan Inc's revenue in 2022 was $840,888.


Official website here: www.facebook.com/groups/345290872507199/

Who are the executives of Formosa Taiwan Inc and what are their salaries?

There 25 volunteers at Formosa Taiwan Inc.


Here are 4 key members and their salaries:


Lan-Ting Yang (President / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kuang Chou Chen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Shu-Hsien Chen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaowen Tou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.facebook.com/groups/345290872507199/

Where can I find the form 990 for Formosa Taiwan Inc?

Formosa Taiwan Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.facebook.com/groups/345290872507199/

Learn more at the official website: www.facebook.com/groups/345290872507199/

Mission Statement of Formosa Taiwan Inc

Formosa Taiwan Inc, a nonprofit organization, is dedicated to several crucial tasks. Primarily, its mission is to foster an appreciation for Taiwanese culture among the public. This involves commemorating, preserving, and educating future generations about Taiwanese heritage, particularly among Taiwanese Americans. In addition to this cultural focus, Formosa Taiwan Inc also extends its support to individuals who have been affected by the COVID-19 pandemic in various communities. This humanitarian aspect of the organization's mission stems from a desire to provide relief to those in need, as demonstrated by their provision of meal boxes to homeless and indigent individuals in the Las Vegas area.

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Impact




July, 2024

Formosa Taiwan Inc's impact is notable in providing benevolent support to individuals affected by the COVID-19 pandemic by offering free facial masks, food, and coffee. Additionally, the organization plays a significant role in promoting Taiwanese cultures and fostering goodwill and friendship between Taiwanese Americans and individuals from other ethnicities or cultures. This initiative contributes to building a stronger sense of community and support for those in need, while also celebrating diversity and cultural exchange.




This information is meant to be a general summary of Formosa Taiwan 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.

Revenue
$840,888 (2022)
Expenses
$39,966 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $6,940
  • Gross Receipts: $840,888

Assets and Liabilities:

  • Total Assets: $946,513
  • Total Liabilities: $0
  • Net Assets: $946,513

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Lunar New Year Event

Revenue

$1,660

Dragon Boat Festival Event

Revenue

$1,820

Moon Festival Event

Revenue

$1,540

Christmas Event

Revenue

$1,920

Organization Details

Founding Year

2021

Principal Officer

Lan Ting Yang

Main Address

8484 Palmada Dr, Las Vegas, NV, 89123

NTEE Category

Code: P20 - Human services

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