Overview
What is Overseas Chinese Business Association?
The Overseas Chinese Business Association is a nonprofit organization with a mission to make charitable contributions and promote the growth of businesses within the Overseas Chinese community. Their primary activities involve both charitable donations and the promotion of these businesses, aiming to support and strengthen this community on a global scale.
Is Overseas Chinese Business Association legitimate?
Overseas Chinese Business Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Overseas Chinese Business Association 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 Overseas Chinese Business Association?
The Overseas Chinese Business Association's mission is centered around two key objectives. Firstly, it focuses on making charitable donations, contributing to various causes and communities. Secondly, the association actively promotes the interests of businesses owned by Chinese individuals residing abroad. This dual mission aims to support both philanthropic endeavors and the growth of the Overseas Chinese business sector.
Who is the CEO of Overseas Chinese Business Association?
John Zhong is the President of Overseas Chinese Business Association.
What is the revenue of Overseas Chinese Business Association?
Overseas Chinese Business Association's revenue in 2020 was $20,850.
Who are the executives of Overseas Chinese Business Association and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990EZ for Overseas Chinese Business Association?
Overseas Chinese Business Association's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of Overseas Chinese Business Association
The Overseas Chinese Business Association, as its name suggests, is an organization dedicated to two primary objectives. Firstly, it engages in charitable donations. This philanthropic aspect of their mission seeks to make a positive impact in various communities, potentially addressing various social, economic, or community needs.
Secondly, the association is committed to promoting businesses associated with the Chinese diaspora. By supporting and promoting these businesses, the Overseas Chinese Business Association aims to foster their growth and success. This could involve advocating for policies that benefit these businesses, as well as providing resources and networking opportunities to help them thrive. In essence, the organization serves as a bridge between these businesses and the broader communities in which they operate, working to facilitate their integration and growth.
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Impact
October, 2024
The Overseas Chinese Business Association (OCBA) plays a significant role in enhancing community ties and promoting business opportunities among Overseas Chinese entrepreneurs. By facilitating charitable donations, the OCBA not only contributes to community improvement but also fosters a sense of solidarity within the Overseas Chinese community.
In addition to philanthropic efforts, the OCBA actively supports local businesses by providing networking opportunities, resources, and platforms for collaboration. This emphasis on promoting Overseas Chinese businesses aids in their growth and sustainability, helping to integrate them more effectively into the broader economic landscape of Rowland Heights, CA.
Overall, the OCBA serves as a critical link between charitable initiatives and business development, ultimately benefiting both community members and the local economy.
This information is meant to be a general summary of Overseas 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 2020.
- Gross Receipts: $20,850
Assets and Liabilities:
- Total Assets: $5,570
- Total Liabilities: $0
- Net Assets: $5,570
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Organization Details
Phone
(626) 839-5898Principal Officer
John Zhong
Main Address
19138 E WALNUT DR N, ROWLAND HEIGHTS, CA, 91748
NTEE Category
Code: S41 - Community improvement
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