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Chinatown International District Preservation And Development Assoc

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

EIN: 911645126 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Chinatown International District Preservation And Development Assoc?

The Chinatown International District Preservation and Development Association (CIDPDA) is a nonprofit organization situated in Seattle, Washington, specifically at 409 Maynard Ave S Suite P2, 98104. Their primary focus is to raise funds for the development, construction, and operation of various community-oriented projects sponsored by the Seattle Chinatown International District Preservation and Development Authority. These projects encompass multi-family housing, childcare facilities, small business technical assistance, and resident services for low-income immigrants. CIDPDA's mission is to support the Seattle Chinatown International District Preservation and Development Authority in its endeavors.


Official website here: www.scidpda.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 57% (One-Star out of Four Star rating)

The Chinatown International District Preservation And Development Association has received a low rating of 57% from Charity Navigator, indicating significant areas for improvement in its operations and financial management. While it has 100% independent board members and a strong program expense ratio, there are critical weaknesses in its financial health and transparency.

The organization has a satisfactory accountability score, with policies like conflict of interest and whistleblower protections in place. However, it lacks sufficient independent board members, with only three on the board. Additionally, the absence of a document retention policy and failure to distribute tax forms to board members before filing raises concerns about governance practices.

Financially, the organization struggles with a high liabilities to assets ratio and a very low working capital ratio, suggesting potential liquidity issues. With a fundraising efficiency ratio that is alarmingly low, the association may face challenges in sustaining its operations without improvements in fundraising strategies. Overall, while the organization has some strengths, the weaknesses highlighted in its financial management and governance practices are significant.


This AI summary has been generated from information found on Charity Navigator.

Is Chinatown International District Preservation And Development Assoc legitimate?

Chinatown International District Preservation And Development Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chinatown International District Preservation And Development Assoc 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

For more financial information, click here


Official website here: www.scidpda.org

What is the mission statement of Chinatown International District Preservation And Development Assoc?

The Chinatown International District Preservation and Development Association's mission involves raising funds for the Seattle Chinatown International District Preservation and Development Authority. This funding is utilized for the development, construction, and operation of various community-focused projects. These projects encompass multi-family housing, childcare facilities, small business technical assistance, and resident services for low-income immigrants. The association's primary objective is to contribute to the betterment of these communities.


Official website here: www.scidpda.org

Who is the CEO of Chinatown International District Preservation And Development Assoc?

Jamie Lee is the Co-Exec Dire of Chinatown International District Preservation And Development Assoc.


Official website here: www.scidpda.org

What is the revenue of Chinatown International District Preservation And Development Assoc?

Chinatown International District Preservation And Development Assoc's revenue in 2022 was $3,652,042.


Official website here: www.scidpda.org

Who are the executives of Chinatown International District Preservation And Development Assoc and what are their salaries?

There 10 volunteers at Chinatown International District Preservation And Development Assoc.


Here are 7 key members and their salaries:


Jared Jonson (Co-Exec Dire)
  • Compensation: $0
  • Related: $117,538
  • Other: $12,969
Jamie Lee (Co-Exec Dire)
  • Compensation: $0
  • Related: $111,491
  • Other: $12,475
Vern Wood (Interim Ed ()
  • Compensation: $0
  • Related: $89,703
  • Other: $10,307
Maiko Winkler-Chin (Exec Dir (En)
  • Compensation: $0
  • Related: $56,610
  • Other: $7,944
Paul Mar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Taoka (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Yoshitomi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.scidpda.org

Where can I find the form 990 for Chinatown International District Preservation And Development Assoc?

Chinatown International District Preservation And Development Assoc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.scidpda.org

Learn more at the official website: www.scidpda.org

Mission Statement of Chinatown International District Preservation And Development Assoc

Chinatown International District Preservation and Development Assoc, a nonprofit organization, is dedicated to raising funds for the Seattle Chinatown International District Preservation and Development Authority. Their mission is centered around supporting the development, construction, and operation of various community-based projects. These projects, sponsored by the SCIDPDA, aim to benefit the local community by providing essential facilities such as multifamily housing, childcare centers, small business technical assistance, and resident services for low-income immigrants. By undertaking these initiatives, Chinatown International District Preservation and Development Assoc contributes to the improvement and enrichment of the community, providing much-needed resources for its inhabitants.

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Impact




July, 2024

Chinatown International District Preservation And Development Assoc's impact lies in its fundraising efforts for the development, construction, and operation of various community-based projects sponsored by the Seattle Chinatown International District Preservation and Development Authority in Seattle, WA. These projects include multi-family housing, childcare facilities, small business technical assistance, and resident services for low-income immigrants. By raising contributions and pledges, the organization plays a crucial role in supporting the growth and well-being of the Seattle Chinatown International District community.




This information is meant to be a general summary of Chinatown International District Preservation And Development Assoc. 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
$3,652,042 (2022)
Expenses
$3,647,281 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $3,694,369

Assets and Liabilities:

  • Total Assets: $240,905
  • Total Liabilities: $214,274
  • Net Assets: $26,631

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Organization Details

Founding Year

1994

Principal Officer

Jamie Lee

Main Address

409 MAYNARD AVE S SUITE P2, SEATTLE, WA, 98104

NTEE Category

Code: L22 - Housing

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