Us Sino Friendship Association is located in Torrance, CA. The organization was established in 2014. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Us Sino Friendship Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Simon Pang President | 5 | $0 | |
Helen Yu Secretary | 20 | $24,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $71,500 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $71,500 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $24,000 |
Professional fees and other payments to independent contractors | $695 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,701 |
Other expenses | $45,192 |
Total expenses | $72,588 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,246 |
Other assets | $0 |
Total assets | $1,246 |
Total liabilities | $16,079 |
Net assets or fund balances | -$14,833 |