Asian Resource Center
- Assets
- $460.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Toledo, OH
- Founding
- 03/1995
- Data as of
- 12/2022
- EIN
- 34-1784756
Organization Overview
Asian Resource Center is located in Toledo, OH. The organization was established in 1995. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2022, Asian Resource Center employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian Resource Center 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 12/2022, Asian Resource Center generated $191.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $184.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST ASIAN OF ALL AGES OPTIMUM PHYSICAL, MENTAL HEALTH AND OVERCOME CULTURE, LINGUISTIC FINANCIAL AND INSTITUTIONAL BARRIERS TO RECEIVING HEALTH CARE AND SOCIAL SERVICES.
Describe the Organization's Program Activity:
Part 3
ELDERLY PROGRAM: PROMOTE THE PHYSICAL WELL-BEING OF THE ASIAN ELDERLY POPULATION BY PROVIDED HEALTH EDUCATION; EXERCISE CLASSES; HEALTH SCREENING AND TRANSPORTATION.
ASIAN MEALS: PROVIDE LUNCHES FOR SENIOR'S AT SENIOR CENTER AND HOME DELIVERY MEALS DURING PANDEMIC.
OTHER SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Esther Wang Senior Center Director | 25 | $22,398 | |
Mee-Len Koh Executive Director | 35 | $46,887 | |
Betty P Chang Fiscal Officer | 18 | $13,931 | |
Bob Pontana Chair | 0 | $0 | |
Phung Vo Secretary | 0 | $0 | |
Anthony Koh Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,221 |
| Total Program Service Revenue | $189,345 |
| Membership dues | $0 |
| Investment income | $186 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $191,752 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $104,111 |
| Professional fees and other payments to independent contractors | $39,136 |
| Occupancy, rent, utilities, and maintenance | $7,193 |
| Printing, publications, postage, and shipping | $32,212 |
| Other expenses | $2,157 |
| Total expenses | $184,809 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $451,281 |
| Other assets | $0 |
| Total assets | $460,558 |
| Total liabilities | $5,936 |
| Net assets or fund balances | $454,622 |