NonprofitsChinese-American Golden Age Association

Housing & Shelter

Chinese-American Golden Age Association

MONTEREY PARK, CA

Total revenue

$2.9M

Total expenses

$2.8M

Net assets

$6.9M

Grants received

$1K

1 grants

EIN

510189851

Tax year

2024

Mission

Chinese american golden age association (the "corporation") is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of california. The corporation was formed for the purpose of operating a 120 unit property known as golden age village (the "property") located in monterey park, california, which provides housing for low income elderly persons pursuant to section 202 of the national housing act, as amended. The corporation has entered into and is governed by a regulatory agreement with the u.s. Department of housing and urban development (hud). The project, through a project rental assistance contract (prac) with hud, provides subsidies safe, adequate housing facility to eligible tenants.

Financials

FY 2024

Revenue

Contributions & grants$2.2M
Program service revenue$518K
Investment income$207K
Other revenue$50
Total revenue$2.9M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$2.8M
Total expenses$2.8M
Total assets$25.2M
Net assets$6.9M

People

7 listed

NameRoleCompensation

DR IRIS CHI

PRESIDENT

Board

20 hrs/wk

MAY MA ROSS

SECRETARY

Board

2 hrs/wk

RICHARD HAN

CFO

Board

4 hrs/wk

DR CARRIE LEW

DIRECTOR

Board

2 hrs/wk

GEORGE LIN

DIRECTOR

Board

2 hrs/wk

CECILIA WU ESQ

DIRECTOR

Board

2 hrs/wk

TIM LI

DIRECTOR

Board

2 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$1K
promote missions of charity, education and humanity
2020

Funded by

$1K from 1 funder · 1 grant · 2020

Joyce and Frank Su Foundation

$1K · 1 grant · 2020

Details

EIN510189851
NTEE codeL200
Subsection03
Ruling date1976-06
Formed1975
Employees0
Volunteers0
CHINESE-AMERICAN GOLDEN AGE ASSOCIATION — Mission, Financials & Grants Received | Grantivo