Chinese Buddhist Association Usa

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

EIN: 953649508 ✦ Alhambra, CA ✦ Designated as a 501(c)(3)

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Overview

What is Chinese Buddhist Association Usa?

The Chinese Buddhist Association USA is a nonprofit organization that serves as a temple, offering facilities for religious worship. Its primary mission is to cater to the spiritual needs of its community, providing a space for followers of Buddhism to practice their faith. The specific activities and services provided by this temple remain unspecified in the given information.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Star rating)

The Chinese Buddhist Association USA has received a Two-Star rating from Charity Navigator, indicating a mixed evaluation in terms of financial health and accountability. The overall score of 67% reflects strengths in certain areas, such as having a fully independent board and a strong program expense ratio of 100%, meaning all funds are directed towards their programs and services.

However, significant weaknesses are noted, particularly in transparency and accountability measures. The organization lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, which are critical for ensuring governance and ethical operations. Additionally, there are no financial statements available to the public, which raises concerns about transparency in financial reporting.

While the organization demonstrates a commitment to its mission through effective program spending, the absence of key governance documents and financial disclosures may hinder potential donors' confidence. Addressing these limitations could improve the overall rating and enhance trust among stakeholders.


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

Is Chinese Buddhist Association Usa legitimate?

Chinese Buddhist Association Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chinese Buddhist Association Usa 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 Chinese Buddhist Association Usa?

The Chinese Buddhist Association USA is established with the mission to serve as a temple, providing facilities for worshippers. This organization aims to foster a spiritual environment where individuals can practice Buddhism and connect with their faith. By offering these facilities, the association seeks to support the religious needs of its community, promoting peace, understanding, and spiritual growth. While the association primarily focuses on providing worship facilities, it may also engage in other activities that uphold and promote Buddhist teachings and values.

Who is the CEO of Chinese Buddhist Association Usa?

Lee Huang Law is the Cfo of Chinese Buddhist Association Usa.

What is the revenue of Chinese Buddhist Association Usa?

Chinese Buddhist Association Usa's revenue in 2022 was $508,597.

Who are the executives of Chinese Buddhist Association Usa and what are their salaries?

There is 1 employee and 10 volunteers at Chinese Buddhist Association Usa.


There is 1 key member and their salary:


Li-Yu Tsai (Cfo)
  • Compensation: $19,200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chinese Buddhist Association Usa?

Chinese Buddhist Association Usa's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Chinese Buddhist Association Usa

The Chinese Buddhist Association USA, as a temple, is dedicated to providing facilities for worship. Its mission is centered around offering a conducive space for individuals to engage in religious practices and foster spiritual growth. The temple serves as a sanctuary, providing an environment where individuals can connect with their faith and engage in Buddhist rituals and teachings. The Association's primary focus is on supporting the religious needs of its community, offering a space for reflection, meditation, and spiritual enrichment.

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Impact




July, 2024

The Chinese Buddhist Association USA serves as a temple in Alhambra, California, providing facilities for worship to its members and the community. As a place of spiritual practice and connection, the association's impact is primarily focused on fostering religious and cultural traditions, promoting inner peace and enlightenment, and offering a sense of community and support to those who seek it. Through its activities and services, the association contributes to the preservation and dissemination of Buddhist teachings and practices in the local area.




This information is meant to be a general summary of Chinese Buddhist Association Usa. 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
$508,597 (2022)
Expenses
$572,049 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,860
  • Gross Receipts: $508,597

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1985

Principal Officer

Lee Huang Law

Main Address

1212 W HELLMAN AVE, ALHAMBRA, CA, 91801

NTEE Category

Code: X50 - Religion related

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