Center For Marketplace Ministries
- Assets
- $116.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Claremont, CA
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 81-4882450
Organization Overview
Center For Marketplace Ministries is located in Claremont, CA. The organization was established in 2017. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Center For Marketplace Ministries employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Marketplace Ministries 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, Center For Marketplace Ministries generated $151.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $165.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 5 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
MINISTRIES TO BUSINESS OWNERS & EMPLOYEES
Describe the Organization's Program Activity:
Part 3
PASTER MICHAEL HSU CONDUCTED PREACHING, TRAINING,MARKETPLACE MIMISTRY VISION SHARING AND COACHING TO CHRISTIAN BUSINESS OWNERS IN US, CHINA, HONK KONK AND CANADA
TRAINING OF CORPORATE CHAPLINS TO MINISTER TO EMPLOYEES-GRADUATED THE FIRT CLASS OF CHAPLINS OF 12 STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hsu CEO | 0 | $0 | |
Winnie Lee Director | 0 | $0 | |
Hok Kin Lam Director | 0 | $0 | |
Alice Lee Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,948 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,000 |
| Total Revenue | $151,948 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $135,035 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $21,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,716 |
| Total expenses | $165,351 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,865 |
| Other assets | $0 |
| Total assets | $116,865 |
| Total liabilities | $69,700 |
| Net assets or fund balances | $47,165 |