Better Business Bureau Report for
Chinese Mutual Aid Association

Better Business Bureau Report issued August 2010
Better Business Bureau Report expires August 2012


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Chinese Mutual Aid Association
Address: 1016 W. Argyle Street
  Chicago, IL 60640
Phone: 773-784-2900
Web Address: www.chinesemutualaid.org
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Better Business Bureau Comments

Year, State Incorporated: 1981, Illinois
Affiliates: None
Stated Purpose: None

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Evaluation Conclusions

               

The BBB of Chicago & Northern Illinois requested but did not receive complete information on the organization’s governance and oversight, effectiveness measures, and donor privacy and is unable to verify the organization's compliance with the following 8Standards for Charity Accountability: 1, 2, 3, 4, 5, 6, 7, and 18.
Chinese Mutual Aid Association meets the remaining 12 Standards for Charity Accountability.
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Programs

               



For the fiscal year ended June 30, 2009, Chinese Mutual Aid Association's program expenses were:

  
Social Services 1,633,734
Citizenship 994,447
Literacy and Employment 540,903
Youth 364,648
Total Program Expenses: $3,533,732
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Governance

               

Chief Executive :
Compensation*:

Chair of the Board:
Chair's Profession / Business Affiliation:

Board Size:

Paid Staff Size:

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:


Fund raising costs were 1% of related contributions. (Related contributions, which totaled $1,707,238, are donations received as a result of fund raising activities.)
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Tax Status

               

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Financial

               

The following information is based on Chinese Mutual Aid Association's audited financial statements for the fiscal year ended June 30, 2009.

Source of Funds  
Contract fees and awards 1,968,516
Contributions and grants 1,694,060
United Way allocation 69,750
Program service fees 52,687
Management fee 47,066
Fund-raising events, net of direct expenses 13,178
Other 2,445
Interest 1,575
Total Income $3,849,277


chart



Uses of Funds as a % of Total Expenses

Programs: 96%  Fund Raising: Less than 1%  Administrative: 4% 

Total income   $3,849,277
  Program expenses $3,533,732
  Fund raising expenses 9,233
  Administrative expenses 141,719
 
Total expenses   $3,684,684
Income in Excess of Expenses   164,593
Beginning net assets   557,637
Ending net assets   652,691
Total liabilities   1,486,670
Total assets   $2,139,361


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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