Committee Of 100 Inc
- Assets
- $12.9m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 19
- Location
- New York, NY
- Founding
- 02/1992
- Data as of
- 06/2022
- EIN
- 13-3627542
Organization Overview
Committee Of 100 Inc is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Committee Of 100 Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Committee Of 100 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 06/2022, Committee Of 100 Inc generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (29.4%) each year. All expenses for the organization totaled $3.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Committee Of 100 Inc has awarded 125 individual grants totaling $4,828,053. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COMMITTEE'S PURPOSE IS TO PROVIDE LEADERSHIP AND ACT AS A CONSTRUCTIVE FORCE IN THE DUAL MISSION OF: 1) PROMOTING THE FULL PARTICIPATION OF CHINESE AMERICANS IN AMERICAN SOCIETY AND ACTING AS A PUBLIC POLICY RESOURCE FOR THE CHINESE AMERICAN COMMUNITY, 2) PROMOTING CONSTRUCTIVE DIALOGUE AND RELATIONSHIPS BETWEEN THE PEOPLES AND LEADERS OF THE UNITED STATES AND GREATER CHINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHINESE AMERICANS FOR GREATER INCLUSION - THE ORGANIZATION WORKS TO PROMOTE PARTICIPATION OF CHINESE AMERICANS IN ALL AREAS OF AMERICAN LIFE. IMPORTANT ISSUES SUCH AS SOCIAL JUSTICE, EDUCATION, ETHNIC PROFILING, CIVIL RIGHTS, IMMIGRATION, AND THE PROFESSIONAL GLASS CEILING ARE AMONG THE TOPICS THAT THE MEMBERS REGULARLY DISCUSS WITH LEADERS IN GOVERNMENT, EDUCATION, AND THE BUSINESS COMMUNITY. THE ORGANIZATION WORKED WITH KEY PARTNER ORGANIZATIONS AND CONGRESSIONAL AND EXECUTIVE BRANCH LEADERS TO HELP BRING AN END TO THE CHINA INITIATIVE. IN ADDITION, THE PREVIOUSLY COMMISSIONED REPORT, "FROM FOUNDATIONS TO FRONTIERS" BECAME THE BASIS FOR ADVANCING THE DEVELOPMENT OF AAPI HISTORY CURRICULUM IN K-12 EDUCATION.
RESEARCH PROJECTS - THE ORGANIZATION CONDUCTS RESEARCH PROJECTS NATIONWIDE, IN PARTNERSHIP WITH A UNIVERSITY, TO GATHER DATA THAT IMPACTS THE CHINESE AMERICAN COMMUNITY.CHINESE AMERICANS IN SCIENCE & TECHNOLOGY - THE COMMITTEE CONDUCTED RESEARCH AROUND RACIAL PROFILING AMONG SCIENTISTS OF CHINESE DESCENT AND THE CONSEQUENCES FOR THE U.S. SCIENTIFIC COMMUNITY.COVID-19 - IN RESPONSE TO THE COVID-19 PANDEMIC, THE COMMITTEE FUNDRAISED, PROCURED, AND DISTRIBUTED TO US HOSPITALS, CLINICS, AND OTHER FRONTLINE HEALTHCARE WORKERS PERSONAL PROTECTIVE EQUIPMENT THAT WAS SOURCED FROM CHINA AND WAS IN SHORT SUPPLY DURING THE INITIAL SPREAD. WITH THE PANDEMIC NOW AT AN END, THIS PROGRAM HAS BEEN DISCONTINUED.
IN ADVANCING U.S. - CHINA RELATIONS, THE FIRST IN-PERSON C100 ANNUAL GALA AND CONFERENCE SINCE THE START OF THE PANDEMIC CONVENED IN WASHINGTON, DC IN MAY 2022. "CHINESE AMERICANS IN THE NEW MILLENNIUM: HERALDING TODAY'S ACHIEVEMENTS, SHOULDERING YESTERYEAR'S BURDENS" ELEVATED IMPORTANT TOPICS IN THE U.S.-CHINA RELATIONSHIP AND THE CHINESE AMERICAN COMMUNITY, FEATURING MULTIPLE PANEL SESSIONS ON ECONOMICS, DIPLOMACY, AAPI HISTORY, AND JUSTICE.
NEXT GENERATION LEADERSHIP DEVELOPMENT - THE COMMITTEE MEMBERS ACTIVELY MENTOR AND CULTIVATE NEXT GENERATION LEADERS THROUGH THIS PROGRAM. IN LOS ANGELES, SAN FRANCISCO, NEW YORK, WASHINGTON D.C., AND BEIJING, MEMBERS VOLUNTEER THEIR TIME TO PROVIDE EMERGING LEADERS OPPORTUNITIES TO LEARN DIRECTLY FROM THEIR PATHS TO SUCCESS. IN 2005, THE COMMITTEE LAUNCHED THE LEADERSHIP SCHOLARSHIP PROGRAM IN PARTNERSHIP WITH OVER 10 UNIVERSITIES IN CHINA TO PROVIDE SCHOLARSHIP OPPORTUNITIES TO CHINESE POST-GRADUATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Locke Chairman | OfficerTrustee | 1 | $0 |
Debra Wong Yang Vice Chair | OfficerTrustee | 1 | $0 |
David Chang Secretary | OfficerTrustee | 1 | $0 |
Philip MA Treasurer | OfficerTrustee | 1 | $0 |
Gordon Chang Director | Trustee | 1 | $0 |
Gareth Chang Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $423,007 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $122,141 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,390,881 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,936,029 |
| Total Program Service Revenue | $0 |
| Investment income | $409 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,942,288 |
| 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. | $1,055,400 |
| Compensation of current officers, directors, key employees. | $540,940 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $948,867 |
| Pension plan accruals and contributions | $36,956 |
| Other employee benefits | $156,457 |
| Payroll taxes | $132,234 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,414 |
| Fees for services: Accounting | $76,199 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $361,570 |
| Advertising and promotion | $12,747 |
| Office expenses | $32,437 |
| Information technology | $39,015 |
| Royalties | $0 |
| Occupancy | $70,385 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $598,278 |
| Interest | $418 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,220 |
| Insurance | $17,704 |
| All other expenses | $0 |
| Total functional expenses | $3,611,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,000 |
| Savings and temporary cash investments | $717,939 |
| Pledges and grants receivable | $6,248,272 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $45,950 |
| Prepaid expenses and deferred charges | $80,301 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,668,126 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $57,196 |
| Other assets | $5,084 |
| Total assets | $12,947,868 |
| Accounts payable and accrued expenses | $400,580 |
| Grants payable | $0 |
| Deferred revenue | $96,049 |
| 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 | $496,629 |
| Net assets without donor restrictions | $672,296 |
| Net assets with donor restrictions | $11,778,943 |
| 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 | $12,947,868 |
Grants Awarded
Over the last fiscal year, Committee Of 100 Inc has awarded $233,296 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
US ASSOCIATION OF FORMER MEMBERS OF CONGRESS PURPOSE: BENEFACTOR SPONSORSHIP | $25,000 |
MOUNT SINAI HOSPITAL IN NYC PURPOSE: COVID-19 PERSONAL PROTECTIVE EQUIPMENT | $33,264 |
WEILL CORNELL MEDICAL CENTER PURPOSE: COVID-19 PERSONAL PROTECTIVE EQUIPMENT | $15,840 |
NYU LANGONE PURPOSE: COVID-19 PERSONAL PROTECTIVE EQUIPMENT | $31,680 |
HARLEM HOSPITAL PURPOSE: COVID-19 PERSONAL PROTECTIVE EQUIPMENT | $6,336 |
WESTCHESTER MEDICAL CENTER PURPOSE: COVID-19 PERSONAL PROTECTIVE EQUIPMENT | $10,296 |