Skip to content
Nonprofiteer
← BUDDHIST TZU CHI MEDICAL FOUNDATION

Form 990 for tax year 2024

Filed by BUDDHIST TZU CHI MEDICAL FOUNDATION.

Totals

Total revenue
$6,924,673
Total expenses
$6,767,309
Contributions and grants received
$1,903,790
Grants paid
$0
Program service revenue
$4,939,254
Investment income
$81,405
Other revenue
$224
Total assets, end of year
$8,223,624
Total liabilities, end of year
$949,059
Net assets or fund balances, end of year
$7,274,565
Program services expenses (Part IX)
$5,355,650
Management and general expenses
$1,411,659
Fundraising expenses
$0
Program service expenses (Part III)
$5,355,650

Program services were 79.1% 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.

  • 1d · Related organizations

    $562,427

  • 1e · Government grants (contributions)

    $740,321

  • 1f · All other contributions, gifts and grants

    $601,042

  • 1g · Noncash contributions included above

    $31,581

  • 2a · Program service revenue: PATIENT SERVICES REVEN

    total $4,939,254 · related or exempt $4,939,254

  • 3 · Investment income

    total $81,405 · excluded $81,405

  • 11a · Other revenue: OTHER

    total $224 · related or exempt $224

  • 11e · Other revenue, total

    $224

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $283,798 · program services $227,038 · management and general $56,760

  • 7 · Other salaries and wages

    total $3,153,941 · program services $2,523,153 · management and general $630,788

  • 10 · Payroll taxes

    total $331,524 · program services $265,219 · management and general $66,305

  • 11c · Fees: accounting

    total $39,000 · program services $11,700 · management and general $27,300

  • 11g · Fees: other

    total $461,662 · program services $123,499 · management and general $338,163

  • 12 · Advertising and promotion

    total $5,908 · program services $1,182 · management and general $4,726

  • 13 · Office expenses

    total $319,920 · program services $250,359 · management and general $69,561

  • 16 · Occupancy

    total $127,845 · program services $116,058 · management and general $11,787

  • 17 · Travel

    total $42,306 · program services $29,614 · management and general $12,692

  • 19 · Conferences, conventions and meetings

    total $3,139 · program services $3,139

  • 22 · Depreciation, depletion and amortization

    total $651,118 · program services $651,118

  • 23 · Insurance

    total $735,997 · program services $588,798 · management and general $147,199

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $242,237 · program services $242,237

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $131,124 · program services $118,012 · management and general $13,112

  • 24c · Other expenses: JANITORIAL SERVICES AND

    total $101,273 · program services $91,146 · management and general $10,127

  • 24d · Other expenses: CLINICAL LAB COSTS

    total $37,507 · program services $37,507

  • 24e · All other expenses

    total $99,010 · program services $75,871 · management and general $23,139

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,052,619 · end of year $1,424,782

  • 2 · Savings and temporary cash investments

    beginning of year $526,444 · end of year $548,657

  • 3 · Pledges and grants receivable

    beginning of year $127,847 · end of year $1,308,720

  • 4 · Accounts receivable

    beginning of year $259,150 · end of year $294,549

  • 9 · Prepaid expenses and deferred charges

    beginning of year $39,974 · end of year $133,753

  • 10a · Land, buildings and equipment: cost or other basis

    $9,294,517

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,825,057

  • 10c · Land, buildings and equipment, net

    beginning of year $4,682,506 · end of year $4,469,460

  • 15 · Other assets

    beginning of year $92,878 · end of year $43,703

  • 17 · Accounts payable and accrued expenses

    beginning of year $570,142 · end of year $818,609

  • 25 · Other liabilities

    beginning of year $94,075 · end of year $130,450

  • 27 · Net assets without donor restrictions

    beginning of year $6,611,658 · end of year $6,849,874

  • 28 · Net assets with donor restrictions

    beginning of year $505,543 · end of year $424,691

Mission and programs · 2024

Mission

TO PROVIDE PATIENT-CENTERED MEDICAL CARE WITH COMPASSION TO UNDERPRIVILEDGED INDIVIDUALS REGARDLESS OF RELIGION, AGE, GENDER, ETHNICITY OR ABILITY TO PAY.

Activities or mission (Part I)

BUDDHIST TZU CHI MEDICAL FOUNDATION IS A 501(C)(3) NON-PROFIT ENTITY, WHICH OPERATES THREE HEALTH CENTERS IN THE LOS ANGELES AREA AND OFFERS AFFORDABLE MEDICAL, DENTAL, VISION, ACUPUNCTURE AND MOBILE VAN SERVICES TO THE UNDERSERVED COMMUNITIES AND VULNERABLE POPULATIONS. IN 2020, TZU CHI'S HEALTH CENTERS WERE CERTIFIED AS FEDERALLY QUALIFIED HEALTH CENTER LOOK-ALIKES, ESTABLISHING A SOLID FOUNDATION FOR COMMUNITY HEALTH INITIATIVES.

  • THE ORGANIZATION IS DEDICATED TO PROVIDING HEALTH CARE SERVICES THROUGH ITS THREE CLINIC LOCATIONS IN LOS ANGELES COUNTY AND TWELVE MOBILE CLINICS IN VARIOUS LOCATIONS IN THE UNITED STATES. THE ORGANIZATION PROVIDES HOLISTIC AND INTEGRATED HEALTHCARE SERVICES TO FINANCIALLY DISADVANTAGED RESIDENTS ACROSS THE UNITED STATES. THEIR GOAL IS TO PROVIDE COMPASSIONATE AND COMPREHENSIVE HEALTH CARE TO ALL INDIVIDUALS, REGARDLESS OF SOCIOECONOMIC STATUS.

    Expenses $5,355,650 · Revenue $4,939,254

As filed on the 2024 return.

Listed in Part VII

  • Tim Chang Esq

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Frank Su

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Debra Boudreaux

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Linda Sun CPA

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Lin Chin Lon MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shirley Chen DDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Paulina Luan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Huang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rosa Argentina Macias

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Raul Villegas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stephen Denq

    CEO/CMO

    Total calculated
    $168,002
    From this org
    $148,800
    From related orgs
    $0
    Other
    $19,202
    Hours/week
    40

  • Steven Voon

    COO (THROUGH 4/30/25)

    Total calculated
    $117,846
    From this org
    $104,998
    From related orgs
    $0
    Other
    $12,848
    Hours/week
    40

  • John Pazirandeh

    CFO

    Total calculated
    $30,000
    From this org
    $30,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Carol Liu

    DENTAL DIRECTOR

    Total calculated
    $179,906
    From this org
    $151,745
    From related orgs
    $0
    Other
    $28,161
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,745
    Bonus
    $0
    Other
    $0
    Deferred
    $5,253
    Nontaxable benefits
    $22,908
    Filer's total
    $179,906

  • Soe Min Htet

    DENTIST

    Total calculated
    $151,063
    From this org
    $123,081
    From related orgs
    $0
    Other
    $27,982
    Hours/week
    40

  • Kenneth Chang

    DOCTOR OF OSTEOPATHIC

    Total calculated
    $138,343
    From this org
    $133,600
    From related orgs
    $0
    Other
    $4,743
    Hours/week
    40

  • Tung Cheung

    PHYSICAL ASSISTANT

    Total calculated
    $120,322
    From this org
    $112,320
    From related orgs
    $0
    Other
    $8,002
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • BUDDHIST TZU CHI FOUNDATION

    501C3 · CHARITABLE · CA

  • BUDDHIST COMPASSION RELIEF TZU CHI

    501C3 · CHARITABLE · TW

Provenance

Return type
form_990
Tax year
2024
Filed
10 November 2025
IRS schema version
2024v5.2
Source object
202533159349304963

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.