Shalom Center For T R E E Of Life Therapy Research Education &
- Assets
- $859.5k
- Revenue
- $608.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Los Angeles, CA
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 33-0786965
Organization Overview
Shalom Center For T R E E Of Life Therapy Research Education & is located in Los Angeles, CA. The organization was established in 1999. According to its NTEE Classification (F32) the organization is classified as: Community Mental Health Centers, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Shalom Center For T R E E Of Life Therapy Research Education & employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shalom Center For T R E E Of Life Therapy Research Education & is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Shalom Center For T R E E Of Life Therapy Research Education & generated $608.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $484.7k during the year ending 12/2021. While expenses have increased by 11.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SHALOM CENTER ASSISTS LOW AND MODERATE INCOME HOMEBUYERS IN LA AND ORANGE COUNTY AREAS BY PROVIDING FREE CONUSELING AND TRAINING TO EDUCATE CLIENTS ABOUT THEIR HOME PURCHASE OPTIONS. THE SHALOM CENTER IS ALSO PROVIDING OUTREACH AND EDUCATION EVENTS FOR LOW INCOME INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SHALOM CENTER ASSISTS LOW AND MODERATE INCOME HOMEBUYERS IN LA AND ORANGE COUNTY AREAS BY PROVIDING FREE CONUSELING AND TRAINING TO EDUCATE CLIENTS ABOUT THEIR HOME PURCHASE OPTIONS. THE SHALOM CENTER IS ALSO PROVIDING OUTREACH AND EDUCATION EVENTS FOR LOW INCOME INDIVIDUALS.
THE SHALOM CENTER ASSISTS LOW AND MODERATE INCOME HOMEBUYERS IN LOS ANGELES AND ORANGE AREAS BY PROVIDING FREE COUNSELING AND TRAINING TO EDUCATE CLIENTS ABOUT THEIR HOME PURCHASE OPTIONS AND TO ALLEVIATE PURCHASE SUCH AS POOR CREDIT, LACK OF SAVINGS, LACK OF KNOWLEDGE ABOUT THE HOMEBUYING PROCESS, HOUSING DISCRIMINATION AND PREDATORY LENDING. THE SHALOM CENTER IS ALSOPROVIDING OUTREACH AND EDUCATION EVENTS OF FOOD STAMP AND FOOD BANK PROGRAMS TO THE LOW INCOME INDIVIDUALS OF LOS ANGELES COUNTY AS AN INTERMEDIARY TO PROVIDE ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jee R Lee President | Officer | 40 | $66,000 |
Sang Choe Director | Trustee | 1 | $0 |
Jae K Kim Board Chair | Trustee | 1 | $0 |
Danny W Choe Director | Trustee | 1 | $0 |
Joseph M Chung Director | Trustee | 1 | $0 |
Dong H Kim Derector | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $441,185 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,487 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $570,672 |
| Total Program Service Revenue | $38,052 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $608,724 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180,080 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,105 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $43,138 |
| Office expenses | $57,436 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $81,950 |
| Travel | $158 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,156 |
| Insurance | $20,158 |
| All other expenses | $21,368 |
| Total functional expenses | $484,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $840,432 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $19,062 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $859,494 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,401 |
| Total liabilities | $5,401 |
| Net assets without donor restrictions | $854,093 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $859,494 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Shalom Center For T R E E Of Life Therapy Research Education & has recieved totaling $434,839.
| Awarding Organization | Amount |
|---|---|
Homefree Usa Inc Landover, MD PURPOSE: Property purchased for renovation and sale ot low and moderate income potential home owners. | $253,525 |
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $151,419 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,895 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Health | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Didi Hirsch Psychiatric Service Culver City, CA | $51,610,501 | $56,563,116 |
Kedren Community Health Center Inc Kedren Child Development Center Los Angeles, CA | $32,482,368 | $55,031,748 |
San Fernando Valley Community Mental Health Center Inc Van Nuys, CA | $16,917,354 | $43,789,883 |
Mohave Mental Health Clinic Inc Kingman, AZ | $23,225,135 | $41,113,193 |
West Yavapai Guidance Clinic Prescott Valley, AZ | $29,278,591 | $43,558,368 |
Partners In Recovery Llc Mesa, AZ | $11,358,773 | $45,741,992 |
Valle Del Sol Inc Phoenix, AZ | $12,672,632 | $29,386,395 |
Guidance Center Inc Flagstaff, AZ | $25,255,624 | $27,636,478 |
Columbia Community Mental Health St Helens, OR | $20,729,070 | $20,332,936 |
Guidance Center Long Beach, CA | $6,081,820 | $17,765,246 |
East Bay Agency For Children Oakland, CA | $16,887,135 | $16,610,224 |
Village South Inc Las Vegas, NV | $19,076,563 | $13,711,388 |