Soo Yuen Fraternal Association Of Southern California Inc
- Assets
- $476.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/1962
- Data as of
- 02/2024
- EIN
- 95-6060448
Organization Overview
Soo Yuen Fraternal Association Of Southern California Inc is located in Los Angeles, CA. The organization was established in 1962. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, 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. Soo Yuen Fraternal Association Of Southern California Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 02/2024, Soo Yuen Fraternal Association Of Southern California Inc generated $127.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $117.1k during the year ending 02/2024. While expenses have increased by 3.6% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE FACILITY WAS OPENED FOR A LIMITED FOR MEMBERS FOR 2022 DUE TO COVID -19.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene Fong President | 5 | $0 | |
Alex Fong V President | 5 | $0 | |
Wilson Fong Financial Officer | 10 | $0 | |
Kui Din Lui Operation Officer | 5 | $0 | |
John Kwong Manager | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,275 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,475 |
| Investment income | $97,034 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,044 |
| Other Revenue | $0 |
| Total Revenue | $127,828 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $56,890 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,215 |
| Total expenses | $117,105 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $261,979 |
| Other assets | $0 |
| Total assets | $476,447 |
| Total liabilities | $0 |
| Net assets or fund balances | $476,447 |