The Chinese Consolidated Benevolent Association Of Washington Dc
- Assets
- $5.2m
- Revenue
- $559.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/1997
- Data as of
- 12/2023
- EIN
- 52-1168304
Organization Overview
The Chinese Consolidated Benevolent Association Of Washington Dc is located in Washington, DC. The organization was established in 1997. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinese Consolidated Benevolent Association Of Washington DC 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 12/2023, Chinese Consolidated Benevolent Association Of Washington DC generated $559.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 49.0% each year . All expenses for the organization totaled $482.6k during the year ending 12/2023. While expenses have increased by 25.3% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CCBA CONDUCTS A VARIETY OF PROGRAMS THAT EDUCATE CHINESE IMMIGRANTS ABOUT US CITIZENSHIP, PROMOTE AND PRESERVE CHINESE HERITAGE AND CULTURAL TRADITIONS, AND MEET THE CHARITABLE NEEDS OF LOCAL CHINESE FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO COORDINATE THE COMMUNITY/NATIONAL DAY. THE PURPOSE WAS TO EDUCATE AND AWARD YOUNG PEOPLE OF ONE OF THE OLDEST CULTURES AND ITS CHANGES IN THE SOCIETY. AROUND 2,000 AUDIENCES ENJOYED THE PERFORMANCES AND THE PARADE. THE BUILDING INCOME WAS TO SUPPORT THE VOLLEYBALL TEAM AS AN EDUCATIONAL FUNCTION. THOUSANDS BENEFITED FROM LEARNING THAT THE COMMUNITY IS A FAMILY BENEFITED FROM IT.
THE ASSOCIATION SPONSORS THE CHINESE NEW YEAR PARADE THE PURPOSE WAS TO EDUCATE ABOUT THE CHINESE LANGUAGE, MORALS, PRINCIPLES, AND CULTURE. OVER 5,000 PEOPLE ATTENDED. SUPPORTED DRAGON BOAT FESTIVAL, AND THE CHINESE YOUTH CLUB. ALSO, THE ASSOCIATION MAINTAINED A NUMBER OF FREE SOCIAL SERVICES TO THE PUBLIC, INCLUDING LIBRARIES, MEDICAL CLINICS, CHINESE AND ENGLISH TRAINING FOR YOUTH AND NEW IMMIGRANTS.
MANAGE CHARITABLE CEMETERY FOR THE CHINESE AMERICAN COMMUNITY INCLUDING:(1)PROVISION OF INTERMENT RIGHT, (2) CONDUCTING ANCESTOR-WORSHIP CEREMONIES, AND COMMUNITY FESTIVALS TO HONOR DECEASED, (3) WORKING WITH FAMILIES TO ADVISE ON CHINESE BURIAL TRADITIONS, AND TRANSLATING AND PREPARING GRAVE MONUMENTS AND MARKERS, AND COORDINATE AND PERFORM CHINESE BURIAL CUSTOMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Wong Director | Trustee | 1 | $0 |
Alfred Liu Director | Trustee | 1 | $0 |
Wallace Lee Director | Trustee | 1 | $0 |
Young Woo Director | Trustee | 1 | $0 |
Yeni Wong Director | Trustee | 1 | $0 |
Waiman Lee Chairman | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $350,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,887 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $374,387 |
| Total Program Service Revenue | $367,354 |
| Investment income | $121,149 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$303,358 |
| 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 | $559,532 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,855 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,998 |
| Office expenses | $811 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,500 |
| 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 | $10,661 |
| All other expenses | $24,303 |
| Total functional expenses | $482,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,628 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,977,529 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,674 |
| Other assets | $100 |
| Total assets | $5,176,931 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,756,669 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,136 |
| Total liabilities | $1,767,805 |
| Net assets without donor restrictions | $0 |
| 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 | $18,000 |
| Retained earnings, endowment, accumulated income, or other funds | $3,391,126 |
| Total liabilities and net assets/fund balances | $5,176,931 |