Totals
- Total revenue
- $2,348,032
- Total expenses
- $1,019,904
- Contributions and grants received
- $1,744,317
- Grants paid
- $0
- Program service revenue
- $187,619
- Investment income
- $423,060
- Other revenue
- -$6,964
- Total assets, end of year
- $4,997,221
- Total liabilities, end of year
- $144,035
- Net assets or fund balances, end of year
- $4,853,186
- Program services expenses (Part IX)
- $644,193
- Management and general expenses
- $185,648
- Fundraising expenses
- $190,063
- Program service expenses (Part III)
- $644,193
Program services were 63.2% 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.
-
1c · Fundraising events
$361,950
-
1e · Government grants (contributions)
$35,556
-
1f · All other contributions, gifts and grants
$1,346,811
-
2a · Program service revenue: MANAGED LT CARE REV.
total $178,908 · related or exempt $178,908
-
2b · Program service revenue: SILVER SNEAKERS REV.
total $8,711 · related or exempt $8,711
-
3 · Investment income
total $135,279 · excluded $135,279
-
7a · Gross sales of assets other than inventory
securities $137,781 · other assets $150,000
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $0
-
7c · Gain or loss
securities $137,781 · other assets $150,000
-
7d · Net gain or loss
total $287,781 · related or exempt $150,000 · excluded $137,781
-
8a · Fundraising events: gross income
$119,000
-
8a · Fundraising events: contributions included on line 1c
$361,950
-
8b · Fundraising events: direct expenses
$125,964
-
8c · Net income from fundraising events
total -$6,964 · excluded -$6,964
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $261,625 · program services $261,625
-
10 · Payroll taxes
total $26,785 · program services $26,785
-
11a · Fees: management
total $120,000 · management and general $120,000
-
11c · Fees: accounting
total $24,000 · management and general $24,000
-
11g · Fees: other
total $7,200 · program services $7,200
-
13 · Office expenses
total $15,568 · program services $8,452 · management and general $7,116
-
16 · Occupancy
total $193,427 · program services $193,427
-
17 · Travel
total $26,255 · program services $26,255
-
22 · Depreciation, depletion and amortization
total $3,330 · program services $3,164 · management and general $166
-
23 · Insurance
total $68,118 · program services $34,059 · management and general $34,059
-
24a · Other expenses: INDIRECT FUNDRAISER EXP
total $190,063 · fundraising $190,063
-
24b · Other expenses: KITCHEN EXPENSES
total $40,903 · program services $40,903
-
24c · Other expenses: FOOD DRIVES
total $21,046 · program services $21,046
-
24d · Other expenses: EVENT SPONSORSHIPS
total $18,540 · program services $18,540
-
24e · All other expenses
total $3,044 · program services $2,737 · management and general $307
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $630,776 · end of year $2,151,514
-
4 · Accounts receivable
beginning of year $123,161
-
9 · Prepaid expenses and deferred charges
beginning of year $70,652 · end of year $44,089
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10c · Land, buildings and equipment, net
beginning of year $3,329
-
11 · Investments: publicly traded securities
beginning of year $2,614,681 · end of year $2,801,618
-
15 · Other assets
beginning of year $281,562 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $20,059 · end of year $1,547
-
25 · Other liabilities
beginning of year $105,200 · end of year $142,488
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $3,598,902 · end of year $4,853,186
Mission and programs · 2023
Mission
PROMOTE THE HEALTH OF CHINESE AMERICANS THROUGH GRANTS TO OTHER CHARITABLE ORGANIZATIONS AND SUPPORT OF COMMUNITY HEALTH AND RESEARCH PROJECTS.
Activities or mission (Part I)
PROMOTE THE HEALTH OF CHINESE AMERICANS.
-
PROVIDE THE HIGHEST QUALITY SERVICES TO SENIORS IN THE ASIAN-AMERICAN COMMUNITIES THROUGH SOCIAL DAY CARE CENTERS. MAKE SURE THAT SENIORS RECEIVE CULTURALLY SENSITIVE CARE AND SERVICES THAT WOULD OFFER THEM A SECURED, PEACEFUL AND BETTER QUALITY OF LIFE.
Expenses $644,193 · Revenue $337,619
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sun-Hoo FooSUN-HOO FOO
CHAIR/PRES./DIR./CEO
- Total calculated
- $0
- Hours/week
- 0.5
-
Jonathan ChangJONATHAN CHANG
DIRECTOR AND VP
- Total calculated
- $0
- Hours/week
- 0.5
-
Felix ChuFELIX CHU
DIR./SECR./TREAS.
- Total calculated
- $0
- Hours/week
- 0.5
-
Alice LauALICE LAU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
George LiuGEORGE LIU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Susan LauSUSAN LAU
EXECUTIVE DIRECTOR (OUTGOING)
- Total calculated
- $0
- Hours/week
- 2
-
Peggy ShengPEGGY SHENG
EXECUTIVE DIRECTOR
- 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
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
CAIPA SOCIAL DAYCARE CENTER INC
SOCIAL DAYCARE CENTERS FOR SENIOR ASIAN AMERICAN INDIVIDUALS · NY · income $337,619 · assets $320,831
Directly controlled by CAIPA FOUNDATION INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443179349304444
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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