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CHINATOWN PARTNERSHIP LOCAL DEVELOPMENT CORP

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Public IRS 990 nonprofit record

CHINATOWN PARTNERSHIP LOCAL DEVELOPMENT CORP

EIN 42-1650478 · Economic Development (S30)

What they do

to ACT IN THE PUBLIC INTEREST BY CONCEIVING, DESIGNING, IMPLEMENTING, MANAGING, and FACILITATING ECONOMIC DEVELOPMENT PROJECTS THAT BENEFIT RESIDENTS and ORGANIZATIONS IN CHINATOWN IN NEW YORK CITY AS WELL AS THE GENERAL PUBLIC VISITING THE CHINATOWN AREA.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

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 leaders17 people are listed in the latest report.

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

Money made simple

$111.16spent for every $100 of revenueSpending was higher than revenue this year.
$16.50of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$1.92in assets for every $1 spent this yearSome assets cannot be spent right away.
84.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $29,703 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $153,529 for WELLINGTON CHEN (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it 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.

Money in and money out

Revenue$266,157
Expenses$295,860
Annual shortfall $29,703 Expenses were higher than revenue for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$48,933 · 16.5% of expenses
Reported executive compensation (total)$40,144 · 13.6% of expenses
See all reported dollar amounts
Revenue$266,157
Expenses$295,860
Assets$567,709
Income$266,157
Contributions$225,943
Management and general$48,933
Executive compensation (total)$40,144
Accounting fees$27,818
People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation
WELLINGTON CHENEXECUTIVE DIRECTOR · 25 hrs/week $153,529Base $125,000 · Other $28,529

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

WELLINGTON CHENEXECUTIVE DIRECTOR

ROBIN MUIDIRECTOR

YANG CHENDIRECTOR

WARREN W CHINCHAIR

TONY CHUYDIRECTOR

TINA LEEDIRECTOR

TIMOTHY K WONGTREASURER

SPENCER CHANCO-SECRETARY

SIO WAI SANGCO-SECRETARY

DAVID FUDIRECTOR

PATRICK YAUCO-VICE CHAIR

MICHAEL LAMBERTIDIRECTOR

MEESEUNG JUDY NGDIRECTOR

KY CHOWDIRECTOR

KENNY CHANDIRECTOR

JUNE JEECO-VICE CHAIR

JIMMY CHENGDIRECTOR

About this charity

Recognized since
January 2005
Location
217 PARK ROW 2FL9, NEW YORK, NY 10038
County
New York
In care of
WELLINGTON CHEN
Primary officer
WELLINGTON CHEN, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
SKODY SCOT & CO CPAS PC
NTEE classification
Economic Development (S30)
IRS tax category
Economic Development

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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