Los Angeles Chinatown Business Council

Organization Overview

Los Angeles Chinatown Business Council is located in Los Angeles, CA. The organization was established in 2000. 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. As of 12/2021, Los Angeles Chinatown Business Council employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles Chinatown Business Council 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 12/2021, Los Angeles Chinatown Business Council generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVOCATE, FACILITATE AND/OR DIRECTLY IMPROVE PUBLIC SAFETY, CONDUCT SIDEWALK, GRAFFITI AND STREETSCAPE CLEANING PROGRAMS, IMAGE ENHANCEMENT AND PUBLIC SPACE PROGRAMS TO CREATE A SAFER, CLEANER, WELL-MANAGED LOS ANGELES CHINATOWN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO FUND DAILY SIDEWALK SWEEPING SERVICES AND "CHINATOWN LOOKS CLEANER THAN IT EVER HAS" PROGRAM. ALSO FUNDED A PRIVATE SECURITY PATROL THAT COLLABORATES WITH THE LAPD IN DISCOURAGING PANHANDLERS AND OTHER NUISANCES FROM THE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
George Yu
Vice President
$0
Martin Lee
Secretary
$0
Wilson Tang
Treasurer
$0
Scott Lee
President
$0
Wayland Tam
Director
$0
Alexis Readinger
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
La Conservation Corps
Street Cleaning
$0
Allied Universal Security Services
Security
$0
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,134,067
Investment income $0
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 $2,134,067

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