Form 990 for tax year 2022
Filed by VIETNAMESE MINNESOTANS ASSOCIATION.
Totals
- Total revenue
- $1,474,429
- Total expenses
- $1,418,610
- Contributions and grants received
- $0
- Grants paid
- $12,100
- Program service revenue
- $1,474,390
- Investment income
- $39
- Other revenue
- $0
- Total assets, end of year
- $531,637
- Total liabilities, end of year
- $33,882
- Net assets or fund balances, end of year
- $497,755
- Program services expenses (Part IX)
- $1,132,939
- Management and general expenses
- $285,671
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,132,939
Program services were 79.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: Program Service Revenue
total $1,474,390 · related or exempt $1,474,390 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $39 · related or exempt $0 · unrelated business $0 · excluded $39
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $12,000 · program services $12,000
-
2 · Grants to domestic individuals
total $100 · program services $100
-
5 · Compensation of officers, directors and key employees
total $66,150 · management and general $66,150
-
7 · Other salaries and wages
total $1,106,877 · program services $938,422 · management and general $168,455
-
9 · Other employee benefits
total $8,748 · program services $6,998 · management and general $1,750
-
10 · Payroll taxes
total $122,001 · program services $97,601 · management and general $24,400
-
11c · Fees: accounting
total $14,650 · management and general $14,650
-
11g · Fees: other
total $1,765 · program services $1,765
-
13 · Office expenses
total $0
-
14 · Information technology
total $5,706 · program services $5,370 · management and general $336
-
16 · Occupancy
total $12,898 · program services $7,432 · management and general $5,466
-
17 · Travel
total $3,503 · program services $3,503
-
23 · Insurance
total $22,091 · program services $17,673 · management and general $4,418
-
24a · Other expenses: Continuing Education and Training
total $9,939 · program services $9,939 · management and general $0 · fundraising $0
-
24e · All other expenses
total $32,182 · program services $32,136 · management and general $46
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $232,615 · end of year $272,924
-
2 · Savings and temporary cash investments
beginning of year $150,134 · end of year $150,174
-
4 · Accounts receivable
beginning of year $51,783 · end of year $77,533
-
10c · Land, buildings and equipment, net
beginning of year $0
-
11 · Investments: publicly traded securities
beginning of year $31,006 · end of year $31,006
-
12 · Investments: other securities
beginning of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $23,602 · end of year $33,882
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $441,936 · end of year $497,755
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
VMA was founded in 1993 with the mission to help Vietnamese immigrants assimilate to American culture. Today, the VMA serves all members of the community from all ethnic and cultural backgrounds. However, the majority of our clients are Vietnamese Americans because of our ability to communicate with them in their native language. The VMA understands the importance of family, which is a value that runs through many cultures. We also believe in respecting and caring for the elderly, which is why the VMA focuses on PCA and Homecare services. We specialize in helping families provide PCA and homemaking services to their eligible family members.
-
Assist Vietnamese refugees and immigrants to become self-reliant by providing a variety of support services including in-home personal health care, walk in help with translating, and notary services.
Expenses $1,132,939 · Grants $12,100 · Revenue $1,474,390
As filed on the 2022 return.
Listed in Part VII
-
Stephanie Waite Tranberg
Executive Director
- Total calculated
- $66,150
- From this org
- $66,150
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Binh Luong
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Trinh Tranberg
Board Chair
- Total calculated
- $0
- Hours/week
- 2
-
Lisa Quick
Secretary
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$10,000
Food shelf support
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303179349306350
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