Better Business Bureau Report for
Vietnamese Association of IL

Better Business Bureau Report issued July 2013
Better Business Bureau Report expires July 2015


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


Find out more about this charity:

Back To Top

Charity Contact Information

Name: Vietnamese Association of IL
Address: 5110 N. Broadway
  Chicago, IL 60640
Phone: (773) 728-3700
(773) 728-3700
Web Address: www.hnvi.org
Also known as:None
Back To Top

Better Business Bureau Comments

Formerly known as:None

Year, State Incorporated: 1976, Illinois
Affiliates: None
Stated Purpose: To strengthen and perpetuate the unity and solidarity of the Vietnamese residing in the state of Illinois; to generate and implement the mutual assistance spirit among the Vietnamese ethnic group members; to promote, support and develop cultural, social and educational programs to serve people in Illinois and to foster the development and strength of various Vietnamese organizations in the state of Illinois.

Back To Top

Evaluation Conclusions

              

Vietnamese Association of IL meets the 20 Standards for Charity Accountability.
Back To Top

Programs

              

A social service agency which provides job counseling, job placements, immigration status applications, ESL and computer classes, after school youth program, family health workshops, senior community care programs.

For the fiscal year ended June 30, 2012, Vietnamese Association of IL's program expenses were:

  
Senior 1,831,503
Youth 68,617
Counseling and information 46,991
Employment 27,829
Newsletter 16,488
Health 6,090
Total Program Expenses: $1,997,518
Back To Top

Governance

              

Chief Executive : Paul Luu, Executive Director
Compensation*: 

Chair of the Board: Hien D. Hoang
Chair's Profession / Business Affiliation: Physician

Co-Chair of the Board : Nghia Nguyen

Chair's Profession / Business Affiliation: IBM Employee

Co-Chair of the Board : Greg Lindeman

Chair's Profession / Business Affiliation: Owner Asian Funeral Service

Board Size: 7

Paid Staff Size: 117

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Back To Top

Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, grant proposals
Fund raising costs were 5% of related contributions. (Related contributions, which totaled $76,504, are donations received as a result of fund raising activities.)
Back To Top

Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
Back To Top

Financial

              

The following information is based on Vietnamese Association of IL's audited financial statements for the fiscal year ended June 30, 2012.

Source of Funds  
Contract fees and awards 1,999,184
Grant and Contribution 62,262
Parking lot 34,659
Newsletter 28,894
Fundraising 14,242
Program service fees 10,377
Interest 6,726
Other Income 303
Total Income $2,156,647


chart



Uses of Funds as a % of Total Expenses

Programs: 97%  Fund Raising: Less than 1%  Administrative: Less than 1%  Other Expenses: 3%

Total income $2,156,647
Program expenses $1,997,518
Fund raising expenses 3,484
Administrative expenses 7,950
Other Expenses 56,031
Total expenses $2,064,983
Income in Excess of Expenses 91,664
Beginning net assets 1,973,635
Ending net assets 2,065,299
Total liabilities 2,132,934
Total assets $4,198,233


Back To Top

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.

Send to:



What is an Accredited Charity