Chinatown Holdings Inc

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

EIN: 471463883 ✦ Los angeles, CA ✦ Designated as a 501(c)(4)

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Overview

What is Chinatown Holdings Inc?

Chinatown Holdings Inc, based in Los Angeles, California, is a nonprofit organization dedicated to addressing housing needs within the community. They specialize in developing multiple family homes, catering to very low, low, and moderate income individuals. Their primary mission is to provide affordable housing solutions for those in need, thereby contributing to the local community. Through their programs, they strive to improve living conditions and promote social equity.

Is Chinatown Holdings Inc legitimate?

Chinatown Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Chinatown Holdings Inc submitted a form 990EZ, 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.

What is the mission statement of Chinatown Holdings Inc?

Chinatown Holdings Inc is committed to developing multiple family housing units catering to individuals with low to moderate income levels. Their primary objective is to provide affordable housing options for those in the very low and low income brackets. Through their initiatives, they aim to make housing more accessible for these individuals, thereby contributing to a more equitable living environment. Chinatown Holdings Inc achieves this mission by developing and managing housing programs.

Who is the CEO of Chinatown Holdings Inc?

Vinh Ngo is the President of Chinatown Holdings Inc.

What is the revenue of Chinatown Holdings Inc?

Chinatown Holdings Inc's revenue in 2022 was $0.

Who are the executives of Chinatown Holdings Inc and what are their salaries?


Here are 7 key members and their salaries:


Ruth Chu (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Loc (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Ng (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicky Wong (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vinh Ngo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teodoro Ramirez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Tang (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Chinatown Holdings Inc?

Chinatown Holdings Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Chinatown Holdings Inc

Chinatown Holdings Inc, a nonprofit organization, is dedicated to the development of multiple family housing units catering to individuals with very low, low, and moderate incomes. Their primary mission is to provide affordable housing solutions for these income groups in Los Angeles, California. Through their programs, Chinatown Holdings Inc strives to make housing accessible and affordable for those who might otherwise struggle to secure a place to live. By focusing on this vital need, the organization plays a significant role in promoting community stability and social equity.

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Impact




October, 2024

Chinatown Holdings Inc significantly impacts the Los Angeles community by addressing the critical need for affordable housing for very low, low, and moderate-income individuals and families. Through its development of multi-family low-income housing, the organization helps alleviate the housing crisis faced by vulnerable populations in the area. By providing safe and affordable living spaces, Chinatown Holdings Inc fosters stability, promotes community development, and improves the overall quality of life for residents. The organization plays a vital role in ensuring that low-income families have access to decent housing, thus contributing to the socio-economic well-being of the broader Los Angeles community.




This information is meant to be a general summary of Chinatown Holdings 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
$0 (2022)
Expenses
$532,395 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $4,060,614
    • Net Assets: -$4,060,614

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    Organization Details

    Principal Officer

    Vinh Ngo

    Main Address

    767 N HILL STREET SUITE 400, LOS ANGELES, CA, 90012

    NTEE Category

    Code: Z99 - Unknown

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