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Mei Lun Yuen Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 942508419 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Mei Lun Yuen Inc?

Mei Lun Yuen Inc is a nonprofit organization situated in San Francisco, California. Their primary mission, as stated in Section 236 of the National Housing Act, is to provide and maintain affordable housing for low and moderate-income families and seniors on a non-profit basis. This commitment to social housing aims to contribute positively to the community and support those in need.


Is Mei Lun Yuen Inc legitimate?

Mei Lun Yuen Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mei Lun Yuen Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $628,293

For more financial information, click here


What is the mission statement of Mei Lun Yuen Inc?
Who is the CEO of Mei Lun Yuen Inc?
What is the revenue of Mei Lun Yuen Inc?
Who are the executives of Mei Lun Yuen Inc and what are their salaries?
Where can I find the form 990 for Mei Lun Yuen Inc?

Mission Statement of Mei Lun Yuen Inc

Mei Lun Yuen Inc, a non-profit organization, is dedicated to providing and maintaining affordable housing for families and seniors, in accordance with Section 236 of the National Housing Act. Their mission is centered around offering housing on a non-profit basis to individuals and families who fall under the categories of low and moderate income, as well as the elderly. This commitment to social welfare is a crucial part of Mei Lun Yuen Inc's mission, aiming to contribute positively to the community by ensuring that a diverse range of individuals have access to suitable housing options.

Impact

This information is meant to be a general summary of Mei Lun Yuen Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Sunday, July 21, 2024

Mei Lun Yuen Inc's impact lies in its provision and maintenance of housing for low and moderate-income families and seniors in San Francisco, CA. By operating on a non-profit basis and following the guidelines of Section 236 of the National Housing Act, Mei Lun Yuen Inc plays a crucial role in addressing the housing needs of vulnerable populations. Through its mission to provide affordable housing, this organization contributes to the well-being and stability of individuals and families in need of safe and affordable living arrangements.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $79,623
  • Program Service Revenue: $1,531,301
  • Gross Receipts: $8,606,385

    • Assets and Liabilities:
  • Total Assets: $25,032,003
  • Total Liabilities: $297,476
  • Net Assets: $24,734,527
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOW INCOME RENT

    Revenue

    $1,516,720

    TENANT CHARGES/VENDING

    Revenue

    $9,767

    INTEREST REDUCTION PAYMENTS

    Revenue

    $4,814

    Organization Details

    Founding Year

    1977

    Principal Officer

    Ms Cynthia Joe

    Main Address

    945 SACRAMENTO STREET, SAN FRANCISCO, CA, 94109

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Mei Lun Yuen Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.