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Chinese Chamber Of Commerce Of New York Inc

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

EIN: 131917986 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Chinese Chamber Of Commerce Of New York Inc?

The Chinese Chamber of Commerce of New York Inc, situated in the heart of New York City's Chinatown, is a nonprofit organization with a dedicated workforce of three individuals. Its primary role involves contributing to the community through educational and vocational initiatives. The organization also gets involved in various festival activities and events. Additionally, they offer additional services such as translation guidance and general information to support the community's needs. The organization's recreational activities cater to a wide range of interests, providing a valuable resource for the community.

Is Chinese Chamber Of Commerce Of New York Inc legitimate?

Chinese Chamber Of Commerce Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chinese Chamber Of Commerce Of New York 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,322

For more financial information, click here

What is the mission statement of Chinese Chamber Of Commerce Of New York Inc?

The Chinese Chamber of Commerce of New York Inc serves a multifaceted role within its community. Primarily, it organizes a variety of recreational activities. Beyond this, the organization provides additional services, such as translation guidance and general information, to support its members. Furthermore, the chamber is active in educational and vocational contributions, as well as involvement in festival activities and other community events.

Who is the CEO of Chinese Chamber Of Commerce Of New York Inc?

Justin Yu is the N/A of Chinese Chamber Of Commerce Of New York Inc.

What is the revenue of Chinese Chamber Of Commerce Of New York Inc?

Chinese Chamber Of Commerce Of New York Inc's revenue in 2020 was $29,154.

Who are the executives of Chinese Chamber Of Commerce Of New York Inc and what are their salaries?

The average compensation at Chinese Chamber Of Commerce Of New York Inc during 2020 was $3,441. There are 3 employees at Chinese Chamber Of Commerce Of New York Inc.


There is 1 key member and their salary:


Na (N/A)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chinese Chamber Of Commerce Of New York Inc?

Chinese Chamber Of Commerce Of New York Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Chinese Chamber Of Commerce Of New York Inc

The Chinese Chamber of Commerce of New York Inc plays a significant role in organizing a variety of recreational activities within its community. Beyond entertainment, this organization also extends its services to provide translation guidance and general information. In aligning with its mission, the Chinese Chamber of Commerce of New York Inc is actively engaged in contributing to the education and vocational sectors within the NYC Chinatown community, as well as participating in various festival activities. The organization's services are designed to cater to the diverse needs of its community, making it an essential pillar of support for those residing in the area.

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Impact




October, 2024

The Chinese Chamber of Commerce of New York Inc plays a pivotal role in nurturing the cultural and economic fabric of the Chinatown community. By organizing a diverse range of recreational activities, the organization fosters community engagement and cohesion among residents. Its efforts in education and vocational contributions enhance opportunities for personal and professional development within the community.

Additionally, the Chamber provides valuable services such as translation guidance and general information, helping bridge communication gaps for non-English speakers. This support not only aids individual members of the Chinatown community but also strengthens local businesses by promoting inclusivity and accessibility.

Through its involvement in festival activities and cultural events, the organization celebrates Chinese heritage while inviting broader participation from the New York community. Overall, the Chamber’s multifaceted impact contributes to the vibrancy and sustainability of Chinatown, making it a vital resource for residents and businesses alike.




This information is meant to be a general summary of Chinese Chamber Of Commerce Of New York Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$29,154 (2020)
Expenses
$50,380 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $12,136
  • Program Service Revenue: $17,018
  • Gross Receipts: $29,154

Assets and Liabilities:

  • Total Assets: $907,058
  • Total Liabilities: $41,844
  • Net Assets: $865,214

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Programs

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

DIRECT PUBLIC SUPPORT

Revenue

$17,018

Organization Details

Founding Year

1932

Principal Officer

Justin Yu

Main Address

33 BOWERY STE C202, NEW YORK, NY, 100026745

NTEE Category

Code: A23 - Arts

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