Us China Health Summit Inc
- Assets
- $178.1k
- Revenue
- $85.1k
- Investments
- $0.0
- Employees
- 0
- Location
- North Andover, MA
- Founding
- 07/2015
- Data as of
- 06/2021
- EIN
- 46-2968174
Organization Overview
Us China Health Summit Inc is located in North Andover, MA. The organization was established in 2015. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is the central organization for a national or regional group of organizations. Us China Health Summit Inc 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 06/2021, Us China Health Summit Inc generated $85.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (28.5%) each year. All expenses for the organization totaled $269.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORPORATION IS ORGANIZED EXCLUSIVELY FOR ORGANIZING MULTINATIONAL HEALTH SUMMITS, EDUCATIONAL TRAINING, EDUCATIONAL EXCHANGES AND RELATED HEALTHCARE RESEARCH PURPOSES.DUE TO COVID-19, MAJORITY EVENTS ARE SUSPENDED. ONLY WEBNAR SERIES 2020 AND COVID-19 PROGRAM ARE HELD IN THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jing MA President | 20 | $109,385 | |
Juan Zhou Program Mgr | 35 | $50,000 | |
Guangyu Zhou Vice President | 20 | $16,216 | |
Hongkai He Vice President | 20 | $11,846 | |
Olivia Ho Cheng Director | 0 | $0 | |
Yaqing Tang Program Mgr | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $85,044 |
| Interest on Savings | $33 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,077 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $187,447 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,470 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $160 |
| Printing and publications | $0 |
| Other expenses | $63,144 |
| Total operating and administrative expenses | $269,821 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $269,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,043 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $30,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $178,068 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Us China Health Summit Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: GENERAL CONTRIBUTION | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grace Farms Foundation New Canaan, CT | $127,278,874 | $14,337,032 |
Build Health International Inc Beverly, MA | $9,391,112 | $16,132,621 |
China Medical Board Inc Cambridge, MA | $0 | $15,367,231 |
Rubin Museum Of Art New York, NY | $219,341,965 | $20,862,684 |
Pussycat Foundation New York, NY | $113,070,433 | $12,403,154 |
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |