TAIWANESE AMERICAN COUNCIL OF GREATER NEW YORK INC Charity Report

Public IRS 990 nonprofit record

TAIWANESE AMERICAN COUNCIL OF GREATER NEW YORK INC

EIN 37-1549859 · Cultural & Ethnic Awareness (A23)

What they do

THE MISSION of THE TAIWANESE AMERICAN COUNCIL of GREATER NEW YORK INC. (TAC-GNY) is to COORDINATE TAIWANESE ORGANIZATION and CLUBS IN THE GREATER NEW YORK AREA. TAC-GNY ALSO PROMOTES TAIWANESE CULTURE and VISITATION and EDUCATES THE COMMUNITY of GREAT NEW YORK ABOUT TAIWANESE AMERICAN HERITAGE. TAC-GNY SERVES AS A COORDINATING APPARATUS of TAIWANESE AMERICAN ORGANIZATIONS and CLUBS IN THE GREATER NEW YORK AREA IN ORDER to PROMOTE THE WELL-BEING and BETTERMENT of THE COMMUNITY and ITS MEMBERS. TAC-GNY ALSO PROMOTES FELLOWSHIP, EXTENDS ACQUAINTANCES and EDUCATES THE COMMUNITY BY MEANS of SOCIAL GATHERINGS and OTHER FORMS of SOCIAL INTERCOURSE. TAC-GNY HELPS OTHER ORGANIZATIONS CONDUCTS THROUGHOUT THE YEAR. TAC-GNY CONDUCTS 5 ANNUAL EVENTS and VARIOUS OTHER OCCASIONAL COMMUNITY EVENTS THROUGHOUT THE YEAR IN THE GREATER NEW YORK AREA. THE 2 MAJOR EVENT HELD ANNUALLY WAS "PASSPORT to TAIWAN" HELD IN MAY and "HELLO TAIWAN ROCKS" CONCERTS HELD IN JUNE. TAC-GNY PROMOTES EXHIBITIONS, BRINGS IN

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $98.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

52.67%of revenue went to mission work98.2% of expenses · Program services

$53.64spent for every $100 of revenueRevenue covered expenses this year.

0.96%of revenue went to management and office costs1.8% of expenses

$1.17in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$97,415

Mission workProgram services$51,31252.67% of revenue98.2% of expenses

ManagementOffice and general costs$9380.96% of revenue1.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$45,16546.36% of revenueShown in gray on the chart

Total expenses$52,25053.64% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 98.2% mission · 1.8% management · 0.0% fundraisingTotal expenses: 53.64% of revenue

2023Expense mix: 98.4% mission · 1.6% management · 0.0% fundraisingTotal expenses: 100.08% of revenue

2022Expense mix: 99.0% mission · 1.0% management · 0.0% fundraisingTotal expenses: 150.88% of revenue

2021Expense mix: 99.2% mission · 0.8% management · 0.0% fundraisingTotal expenses: 116.51% of revenue

2020Expense mix: 96.8% mission · 3.2% management · 0.0% fundraisingTotal expenses: 55.57% of revenue

2019Expense mix: 97.9% mission · 2.1% management · 0.0% fundraisingTotal expenses: 111.48% of revenue

2018Expense mix: 96.2% mission · 3.8% management · 0.0% fundraisingTotal expenses: 100.21% of revenue

2017Expense mix: 95.6% mission · 4.4% management · 0.0% fundraisingTotal expenses: 91.15% of revenue

Money in and money out

Revenue$97,415

Expenses$52,250

Annual surplus $45,165 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$51,312 · 98.2% of expenses

Management and office costs$938 · 1.8% of expenses

See all reported dollar amounts

Revenue$97,415

Expenses$52,250

Assets$61,268

Income$97,415

Contributions$97,415

Mission work (program services)$51,312

Grants given$22,500

Average grant$11,250

Management and general$938

Accounting fees$850

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (7)

BORCHENG HSUTREASURER

CHI-WEI LUBOARD MEMBER

HONG-TIEN LAIPRESIDENT

PATRICK HUANGSECRETARY

SHUI-YEH WEIBOARD MEMBER

YA-LING LINBOARD MEMBER

YI-MIAO HUANGSECRETARY

About this charity

Recognized since: January 2012
Location: 120 E 36TH ST STE 1A, NEW YORK, NY 10016-3423
County: New York
In care of: BORCHENG HSU
Primary officer: BORCHENG HSU, TREASURER

How to reach them

Phone(212) 679-8036

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: JASPER YANG CPA
NTEE classification: Cultural & Ethnic Awareness (A23)
IRS tax category: Cultural & Ethnic Awareness
Grant-giving organization: Yes