Overview
What is Detroit Chinese Business Association?
The Detroit Chinese Business Association, situated in Troy, Michigan, is a nonprofit organization with a mission to foster and advance business growth and community development within its trade areas. This is achieved by linking and enhancing economic programs and promoting initiatives of a civic, social, and cultural nature. By doing so, the organization aims to add value to the community. The Detroit Chinese Business Association serves as a platform for business expansion and community enrichment.
Is Detroit Chinese Business Association legitimate?
Detroit Chinese Business Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Detroit Chinese Business Association 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: $0
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What is the mission statement of Detroit Chinese Business Association?
The Detroit Chinese Business Association's mission is to facilitate the growth and development of the local business community. They achieve this by connecting and enhancing economic programs within relevant trade areas. Additionally, the association promotes initiatives of civic, social, and cultural nature to enhance the value of the community. In essence, their goal is to foster a thriving business environment and contribute positively to the community at large.
What is the revenue of Detroit Chinese Business Association?
Detroit Chinese Business Association's revenue in 2024 was $232,568.
Who are the executives of Detroit Chinese Business Association and what are their salaries?
There 26 volunteers at Detroit Chinese Business Association.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Detroit Chinese Business Association?
Detroit Chinese Business Association's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Detroit Chinese Business Association
The Detroit Chinese Business Association, as a nonprofit organization, is dedicated to fostering the expansion and enhancement of the local business community. Their mission is twofold: firstly, they aim to bolster economic programs within the trade areas by linking them together. Secondly, they strive to promote initiatives of civic, social, and cultural significance, thereby elevating the overall value of the community. By enriching both the economic and community aspects, the Detroit Chinese Business Association seeks to contribute positively to its sphere of influence.
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Impact
October, 2024
The Detroit Chinese Business Association plays a significant role in fostering economic development and community growth in the region. By linking and enhancing various economic programs within trade areas, the association helps local businesses thrive and encourages collaboration among entrepreneurs.
In addition to economic initiatives, the association promotes civic, social, and cultural programs that enrich the community’s value. This multifaceted approach not only supports individual businesses but also strengthens the overall business ecosystem in the Troy, MI area. The impact of the association can be seen in the increased networking opportunities, access to resources, and a more vibrant community that celebrates its diversity. Overall, the Detroit Chinese Business Association is a catalyst for positive change, driving both economic prosperity and cultural enrichment within the community.
This information is meant to be a general summary of Detroit Chinese Business Association. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $229,368
- Gross Receipts: $232,568
Assets and Liabilities:
- Total Assets: $204,758
- Total Liabilities: $0
- Net Assets: $204,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUSINESS NETWORKING EV
Revenue
$229,368
Organization Details
Founding Year
2002
Principal Officer
Brian Gao
NTEE Category
Code: S46 - Community improvement
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