North Carolina Chinese Business Association
- Assets
- $25.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 02/2005
- Data as of
- 12/2022
- EIN
- 20-1393064
Organization Overview
North Carolina Chinese Business Association is located in Raleigh, NC. The organization was established in 2005. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Chinese Business Association 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 12/2022, North Carolina Chinese Business Association generated $230.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (40.3%) each year. All expenses for the organization totaled $114.0 during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (43.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NCCBA HELD SOME EVENTS TO SUPPORT EDUCATIONAL AND NETWORKING OPPORTUNITIES AND FURTHER IMPROVE OUR WEBSITE TO PROMOTE NCCBA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Wang Treasurer | 5 | $0 | |
Ningqiang Cheng Board Member | 5 | $0 | |
Xuefeng Wang Board Member | 5 | $0 | |
Yan Zhang Board Member | 5 | $0 | |
Jing Wang Board Member | 5 | $0 | |
Candong Chen Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $180 |
| Membership dues | $50 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $230 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $114 |
| Total expenses | $114 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,841 |
| Other assets | $0 |
| Total assets | $25,841 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,841 |