Chinese Trading And Investment Association
- Assets
- $85.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/2019
- Data as of
- 12/2020
- EIN
- 47-1091218
Organization Overview
Chinese Trading And Investment Association is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinese Trading And Investment Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Chinese Trading And Investment Association generated $146.5k in total revenue. All expenses for the organization totaled $101.3k during the year ending 12/2020. While expenses have increased by 135.4% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDING A VARIETY OF SERVICES TO ITS MEMBERS INCLUDING ORGANIZING EDUCATIONAL AND NETWORKING EVENTS, PROVIDING RELEVANT RESOURES, SHARING INFORMATION ABOUT CAREER OPPORTUNITIES AND PROMOTING BUSINESS COLLABORATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yang Xu Director | 0 | $0 | |
Zhao Zhang Director | 0 | $0 | |
Elaine Hung President, Shanghai | 0 | $0 | |
Yang Cao Director | 0 | $0 | |
Xu Wan Director | 0 | $0 | |
Kevin Chen President, New York | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,415 |
| Total Program Service Revenue | $70 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $146,485 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $8,114 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,115 |
| Other expenses | $90,328 |
| Total expenses | $101,307 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,221 |
| Other assets | $0 |
| Total assets | $85,621 |
| Total liabilities | $3 |
| Net assets or fund balances | $85,618 |
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