Overview
What is Chi Sin Buddhist And Taoist Association?
The Chi Sin Buddhist and Taoist Association, situated in San Francisco, California, serves as a religious sanctuary for individuals of Chinese and other nationalities. This nonprofit organization, home to four employees, offers a tranquil space for worshippers to honor the Buddha and other religious deities. One of their primary missions is to perform religious rituals to bring peace and comfort to the deceased, providing solace to those who have lost loved ones. The association has attracted numerous visitors seeking peace and tranquility, making it a significant part of the community in San Francisco Chinatown.
Official website here: www.chisintemple.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Chi Sin Buddhist And Taoist Association has received a Two-Star rating from Charity Navigator, indicating a moderate level of transparency and accountability in its operations. The overall score is derived solely from a beacon score focused on Accountability & Finance, suggesting that while the organization performs well in some areas, there are significant gaps in governance practices that need attention.
Strengths of the organization include a fully independent board, a solid program expense ratio of 90.49%, and no reported material diversion of assets. These factors demonstrate a commitment to financial integrity and effective resource allocation, which are crucial for donor trust and support. Furthermore, the organization has effectively made key documents available, including its tax form and board meeting minutes.
However, the organization faces limitations related to governance policies. Specifically, it lacks a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which are critical for maintaining ethical standards and accountability. Addressing these deficiencies could enhance the organization's overall rating and foster greater confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Chi Sin Buddhist And Taoist Association legitimate?
Chi Sin Buddhist And Taoist Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chi Sin Buddhist And Taoist 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: $366,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,688
For more financial information, click here
Official website here: www.chisintemple.org
What is the mission statement of Chi Sin Buddhist And Taoist Association?
The Chi Sin Buddhist and Taoist Association serves as a religious sanctuary, welcoming the Chinese and other nationalities to honor the Buddha and other religious deities. Its primary purpose is to offer religious rituals, providing comfort and peace for the deceased through various Chinese practices, such as reading sacred psalms. The association aims to assist individuals in finding solace for their departed loved ones, offering them a peaceful afterlife.
Official website here: www.chisintemple.org
What is the revenue of Chi Sin Buddhist And Taoist Association?
Chi Sin Buddhist And Taoist Association's revenue in 2024 was $368,457.
Official website here: www.chisintemple.org
Who are the executives of Chi Sin Buddhist And Taoist Association and what are their salaries?
The average compensation at Chi Sin Buddhist And Taoist Association during 2024 was $98,922. There are 4 employees at Chi Sin Buddhist And Taoist Association.
Here are 3 key members and their salaries:
- Compensation: $264,000
- Related: $0
- Other: $0
- Compensation: $102,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chisintemple.org
Where can I find the form 990 for Chi Sin Buddhist And Taoist Association?
Chi Sin Buddhist And Taoist Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.chisintemple.org
Learn more at the official website: www.chisintemple.org
Mission Statement of Chi Sin Buddhist And Taoist Association
The Chi Sin Buddhist and Taoist Association serves as a spiritual sanctuary, welcoming individuals of Chinese and other nationalities. Located in an undisclosed location, this organization functions as a Buddhist and Taoist temple, offering a tranquil space for worshippers to pay homage to the Buddha and other religious deities. The association's primary mission is to provide religious rituals, aiming to bring peace and comfort to the departed souls of those who have passed away due to natural or unfortunate circumstances. The temple's dedicated members perform various Chinese rituals, including the reading of Chinese Psalms, as a means to ensure the deceased's peace in the afterlife. Tens of thousands of visitors have sought solace and paid their respects at this temple, finding comfort in its spiritual offerings.
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Impact
July, 2024
Chi Sin Buddhist And Taoist Association's impact is significant in providing a religious place for the Chinese and other nationals in San Francisco Chinatown to offer worship to the Buddha and other religious deities. The association performs religious rituals that aim to bring peace and comfort to the deceased, helping families who have lost loved ones find solace through Chinese rituals like the reading of Chinese Psalms. Tens of thousands of people have paid visits and tributes at the temple, demonstrating the meaningful role it plays in the community's spiritual and cultural life. Through its religious services, the association facilitates the preservation and practice of Buddhist and Taoist traditions, contributing to the spiritual well-being of individuals and families in the area.
This information is meant to be a general summary of Chi Sin Buddhist And Taoist 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 2024.
- Investment Income: $8,315
- Program Service Revenue: $232,273
- Gross Receipts: $560,906
Assets and Liabilities:
- Total Assets: $5,512,714
- Total Liabilities: $0
- Net Assets: $5,512,714
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$232,273
Organization Details
Founding Year
1985
Principal Officer
Chung Wing Hui
Website
www.chisintemple.orgNTEE Category
Code: X50 - Religion related
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