Overview
What is Chinatown Partnership Local Development Corp?
Chinatown Partnership Local Development Corp is a nonprofit organization situated in New York City, specifically at 217 Park Row 2FL9, New York, NY 10038. Their primary mission is to promote and enhance the Chinatown area, serving both local residents and tourists. They achieve this by providing valuable information through various means, including printed materials and electronic media. The organization's activities are designed to benefit both residents and organizations within the Chinatown sector of New York City, ultimately contributing to the betterment of the general public visiting the area. With a workforce of 5 dedicated individuals, Chinatown Partnership Local Development Corp works tirelessly in the public interest, conceiving, designing, and implementing economic development projects that contribute positively to Chinatown and its visitors.
Official website here: www.chinatownpartnership.org
Is Chinatown Partnership Local Development Corp legitimate?
Chinatown Partnership Local Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chinatown Partnership Local Development Corp 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: $39,913
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,851
For more financial information, click here
Official website here: www.chinatownpartnership.org
What is the mission statement of Chinatown Partnership Local Development Corp?
The Chinatown Partnership Local Development Corp operates with a mission to serve the public interest. Their primary objective is to initiate, design, execute, manage, and facilitate economic development projects that benefit both local residents and organizations in the Chinatown area of a city, as well as the general public visiting the region. To accomplish this, they engage in marketing and economic development activities. They promote the area to both residents and tourists, and work to retain and develop businesses by providing them with necessary information through various mediums, such as printed materials and electronic media.
Official website here: www.chinatownpartnership.org
Who is the CEO of Chinatown Partnership Local Development Corp?
Wellington Chen is the Chair of Chinatown Partnership Local Development Corp.
Official website here: www.chinatownpartnership.org
What is the revenue of Chinatown Partnership Local Development Corp?
Chinatown Partnership Local Development Corp's revenue in 2022 was $334,557.
Official website here: www.chinatownpartnership.org
Who are the executives of Chinatown Partnership Local Development Corp and what are their salaries?
The average compensation at Chinatown Partnership Local Development Corp during 2022 was $21,753. There are 5 employees and 26 volunteers at Chinatown Partnership Local Development Corp.
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- Compensation: $125,000
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- Other: $36,798
Official website here: www.chinatownpartnership.org
Where can I find the form 990 for Chinatown Partnership Local Development Corp?
Chinatown Partnership Local Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chinatownpartnership.org
Learn more at the official website: www.chinatownpartnership.org
Mission Statement of Chinatown Partnership Local Development Corp
Chinatown Partnership Local Development Corp, a nonprofit organization, is dedicated to acting in the public interest by conceptualizing, designing, implementing, managing, and facilitating economic development projects. Their primary goal is to benefit residents and organizations within the Chinatown section of New York City, as well as the general public visiting the area. To achieve this, they promote the area through marketing efforts, targeting both residents and tourists. They retain and develop prospective businesses by providing them with essential information through printed materials and electronic media. By doing so, Chinatown Partnership Local Development Corp aims to contribute positively to the economic growth and development of Chinatown, ultimately enhancing the overall experience for both residents and visitors alike.
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Impact
October, 2024
Chinatown Partnership Local Development Corp significantly impacts the Chinatown community by enhancing economic development and marketing strategies that benefit both residents and local businesses. By promoting the area to residents, tourists, and prospective businesses, it plays a crucial role in strengthening the local economy. The organization conducts targeted outreach and provides valuable information through various printed and electronic media, fostering a vibrant and attractive environment for visitors and residents alike.
Through carefully conceived and managed economic development projects, Chinatown Partnership actively works to improve the quality of life for those in the Chinatown area. Its initiatives not only retain existing businesses but also attract new ones, ultimately leading to sustainable growth and community enrichment. By focusing on the public interest, the organization ensures that the needs of residents and organizations in Chinatown are prioritized, making the neighborhood a more vibrant and accessible place for all.
This information is meant to be a general summary of Chinatown Partnership Local Development Corp. 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 2022.
- Investment Income: $622
- Program Service Revenue: $35,000
- Gross Receipts: $334,557
Assets and Liabilities:
- Total Assets: $626,132
- Total Liabilities: $73,436
- Net Assets: $552,696
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$35,000
Organization Details
Founding Year
2004
Phone
(212) 346-9288Principal Officer
Wellington Chen
Main Address
217 PARK ROW 2FL9, NEW YORK, NY, 10038
Website
www.chinatownpartnership.orgNTEE Category
Code: S30 - Community improvement
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