Brooklyn Chinese-American Association Inc
- Assets
- $16.4m
- Revenue
- $13.6m
- Investments
- $0.0
- Employees
- 443
- Location
- Brooklyn, NY
- Founding
- 12/1991
- Data as of
- 06/2021
- EIN
- 11-3065859
Organization Overview
Brooklyn Chinese-American Association Inc is located in Brooklyn, NY. The organization was established in 1991. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Brooklyn Chinese-American Association Inc employed 443 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Chinese-American Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Brooklyn Chinese-American Association Inc generated $13.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $14.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A MULTI-SOCIAL SERVICES ORGANIZATION SERVING THE ASIAN-AMERICAN COMMUNITIES OF BROOKLYN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD CARE PROGRAMS - INCLUDES DAY CARE & SUMMER PROGRAMS FOR PRE-SCHOOL CHILDREN FROM LOW INCOME FAMILIES.
YOUTH PROGRAMS - INCLUDES EDUCATIONAL, RECREATIONAL & COUNSELING SERVICES.
SENIOR CITIZEN PROGRAMS - INCLUDES EDUCATIONAL,RECREATIONAL & CULTURAL ACTIVITIES AND VARIOUS SENIOR ASSISTANCE SERVICES.
OTHER PROGRAM SERVICES 934,972: THIS AMOUNT REPRESENTS COMMUNITY PROGRAMS - VARIOUS COMMUNITY SERVICES - INCLUDES CRIME VICTIMS ASSISTANCE, NUTRITION EDUCATION AND OUTREACH SERVICES AND OTHER COMMUNITY EVENTS AND FUNCTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Mak President/ce | Officer | 40 | $243,000 |
Tony Fung Chairman | OfficerTrustee | 4 | $0 |
Shiu Kam Leung Treasurer | OfficerTrustee | 1 | $0 |
Samuel Cheung Secretary | OfficerTrustee | 1 | $0 |
Cecilia Fung Director | Trustee | 1 | $0 |
Margaret Lam Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,488,811 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,659 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,565,470 |
| Total Program Service Revenue | $52,958 |
| Investment income | $7,806 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,300 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,631,534 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,023,245 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,171,700 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $123,558 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $282,977 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,344,374 |
| Travel | $10,590 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $254,879 |
| All other expenses | $281,733 |
| Total functional expenses | $14,468,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,271,632 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,538,794 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $13,323 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $480,400 |
| Net Land, buildings, and equipment | $4,943,862 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $194,063 |
| Total assets | $16,442,074 |
| Accounts payable and accrued expenses | $1,462,663 |
| Grants payable | $0 |
| Deferred revenue | $6,018 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,468,681 |
| Net assets without donor restrictions | $14,973,393 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,442,074 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Brooklyn Chinese-American Association Inc has recieved totaling $37,568.
| Awarding Organization | Amount |
|---|---|
New York-Presbyterian Brooklyn Methodist Brooklyn, NY PURPOSE: SUPPORT | $21,900 |
The Derfner Foundation New York, NY PURPOSE: UNRESTRICTED USE | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $668 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Croatian Fraternal Union Of America Pittsburgh, PA | $510,702,838 | $49,525,633 |
Chinese American Planning Council Inc New York, NY | $44,040,107 | $50,081,014 |
Asociacion Puertorriquenos En Marcha Inc Philadelphia, PA | $27,252,719 | $29,564,021 |
Brooklyn Chinese-American Association Inc Brooklyn, NY | $16,442,074 | $13,631,534 |
Nationalities Service Center Of Philadelphia Philadelphia, PA | $6,008,905 | $13,342,474 |
Junta De Accion Puertorriquena Inc Puerto Rican Action Board Inc New Brunswick, NJ | $2,505,820 | $11,202,004 |
Lch Health And Community Services Kennett Square, PA | $6,724,367 | $8,909,074 |
Mid-Island Y Jewish Community Center Inc Plainview, NY | $9,808,281 | $10,961,733 |
Puerto Rican Org For Community Educational & Economic Development Elizabeth, NJ | $11,237,037 | $9,797,068 |
Rian Immigrant Center Inc Boston, MA | $3,539,791 | $6,977,812 |
Chinese Christian Herald Crusades Inc Flushing, NY | $34,224,401 | $8,882,723 |
Korean Community Services Of Metropolitan New York Inc Bayside, NY | $13,398,422 | $7,508,888 |