Oakland Lee Family Benevolert Association is located in Oakland, CA. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oakland Lee Family Benevolert Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Oakland Lee Family Benevolert Association generated $36.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $23.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CULTURE EXCHANGE WORTSHIP ANCESTOR
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Way Lee Director | 2 | $0 | |
William Lee Director | 2 | $0 | |
Eddie Lee Director | 2 | $0 | |
Jing Li President | 2 | $0 | |
Kang Li Secretary | 2 | $0 | |
Kui C Lee Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $1,130 |
Investment income | $35,010 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $36,140 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $9,617 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $720 |
Occupancy, rent, utilities, and maintenance | $6,665 |
Printing, publications, postage, and shipping | $1,000 |
Other expenses | $5,534 |
Total expenses | $23,536 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,604 |
Other assets | $0 |
Total assets | $469,210 |
Total liabilities | $0 |
Net assets or fund balances | $469,210 |