Belmont Chinese American Association is located in Belmont, MA. The organization was established in 2016. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Belmont Chinese American 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 12/2021, Belmont Chinese American Association generated $24.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (51.9%) each year. All expenses for the organization totaled $20.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (55.8%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Haixia Shang Treasurer | 1 | $0 | |
Xingxing Guo Co-President | 1 | $0 | |
Shan Shi Secretary | 1 | $0 | |
Guanghua Gao President | 1 | $0 | |
Jianfeng Chen Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,713 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $24,713 |
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 | $1,000 |
Occupancy, rent, utilities, and maintenance | $1,413 |
Printing, publications, postage, and shipping | $1,857 |
Other expenses | $16,310 |
Total expenses | $20,580 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $29,238 |
Other assets | $0 |
Total assets | $29,238 |
Total liabilities | $0 |
Net assets or fund balances | $29,238 |
Over the last fiscal year, we have identified 3 grants that Belmont Chinese American Association has recieved totaling $308.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $193 |
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $75 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $40 |
Organization Name | Assets | Revenue |
---|---|---|
United States Council For International Business New York, NY | $8,377,861 | $9,810,410 |
Long Island Board Of Realtors Inc West Babylon, NY | $32,824,680 | $7,922,994 |
German American Chamber Of Commerce Inc New York, NY | $3,820,432 | $6,890,973 |
Buffalo Niagara Convention & Vistors Bureau Inc Buffalo, NY | $3,394,435 | $6,164,269 |
Lake Placid Chamber Of Commerce Inc Lake Placid, NY | $4,857,333 | $6,938,582 |
Economic Development Council Of Western Massachusetts Inc Springfield, MA | $1,229,213 | $5,047,431 |
Independent Drivers Guild Inc Long Island City, NY | $5,104,857 | $7,835,962 |
World Trade Centers Association Inc New York, NY | $23,293,174 | $7,185,978 |
Building Contractors Association Inc New York, NY | $2,719,541 | $4,963,157 |
Pension Real Estate Association Hartford, CT | $6,735,705 | $4,410,849 |
Connecticut Association Of Realtors Inc East Hartford, CT | $9,376,383 | $5,792,556 |
Discover Long Island Inc Hauppauge, NY | $4,450,484 | $4,266,215 |